Telegram-based crypto projects have had their highs and lows, with tokens surging on hype and plummeting afterward. Letโs dive into the current state of these tokens and the outlook for upcoming projects like MEMEFI and TapSwap. ๐๐
๐ The Current Market Scenario for Telegram-Based Tokens
Instant Appeal, High Volatility: Telegramโs instant communication and community-building have made it a hub for crypto projects, but the market has proven unpredictable.
Speculation & Social Media Influence: Many of these tokens gained traction through social hype and influencer promotion, but limited utility makes them susceptible to major price swings.
Big Declines from ATHs: In the past year, several popular tokens have seen drastic drops:
HMSTR: Down 76% from ATH
DOGS: Decline of 68%
CATS: A staggering 87% decline ๐ฑ
๐ Breakdown of Major Declines Among Top Telegram Tokens
HMSTR (Hamster Kombat) ๐น
Once a rising star, fueled by an active community, HMSTR has now dropped 76% from its all-time high, illustrating the extreme volatility of meme tokens.
NOT (Notcoin) ๐ค
Heavily hyped through social media and endorsements, NOT initially surged, only to fall 80% from its peakโa reminder of the risks in speculative trading.
DOGS ๐
Riding the meme coin wave, DOGS saw early success but has since dropped 68% from ATH, showing the fragility of meme-driven tokens.
CATI (Catizen) ๐ฑ
Community-focused with unique rewards, CATI enjoyed early growth but has declined 67% from ATH, highlighting the challenge for single-theme tokens to sustain interest.
X โ
Another highly anticipated token, X initially surged, then experienced a 67% drop, showing the difficulties in maintaining momentum for new projects.
CATS ๐ฟ
A former leader in the Telegram token frenzy, CATS has seen the largest decline, with an 87% drop from its ATH, raising concerns about the long-term viability of hype-driven projects.
โ ๏ธ Recurring Trend in Telegram Tokens: Projects typically see rapid price increases due to community hype and FOMO but struggle to sustain high levels, casting doubts on the long-term stability of Telegram-based crypto assets.
๐ฎ MEMEFI and TapSwap: Next in Line?
As hype builds around TOMARKET, MEMEFI, and TapSwap, investors are curious if these listings will break the downward trend. Hereโs what to expect:
MEMEFI Price Prediction ๐
Meme-Focused and Community-Driven: MEMEFI has gained interest pre-listing with meme branding and initiatives.
Predicted Listing Price: $0.010 - $0.030
Expected Volatility: Like HMSTR and DOGS, MEMEFI may experience an initial pump followed by a correction, with a potential 30-50% drop from peak unless it consistently delivers on roadmap promises.
TapSwap Price Prediction ๐ฎ
Game-Focused, โTap-to-Earnโ Model: TapSwap may attract a gaming-oriented audience with its P2E features.
Predicted Listing Price: $0.040 - $0.060
Potential Correction: Initial gains may be followed by a 40-60% decline if user engagement isnโt sustained.
๐ Why Are Telegram Crypto Projects Declining?
Overhyped Listings: Prices often surge on hype but tend to correct as initial excitement fades.
High Volatility: These tokens, heavily community-driven and speculative, experience rapid swings that can discourage long-term holders
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๐ Stay Tuned! Follow us for more on Telegram crypto trends and insights!
