SPX6900 (SPX) and First Neiro on Ethereum (NEIRO) are the latest to take the market by storm, with their prices surging over the past few weeks.
But is the big rise really over?
One expert thinks so, pointing to two low-profile coins that could be next in line for success.
Is SPX6900 still a good buy after the price drop?
First and foremost - is the SP6900 worth looking at?
The SPX is down 27% from its Sunday high of $0.729.
This isn't a small drop either - many believe it's the start of a bigger sell-off after the SPX's recent rally.
Spot trading volumes have dropped by 27% in the past day, and the tokenâs market cap has fallen below $700 million.
There is a minor support level at $0.680, but the SPX could be in a free fall if this level is broken.
It's a tense situation.
So, while the SPX has had its big moment, there is a growing belief that things may be calming down now.
The coin may continue to make gains, but perhaps not to the same level as it did in early October.
Is NEIRO Stock Still Worth Buying After Recent Rally Cools?
Now let's take a look at First Neiro on Ethereum - is it still a good buy?
This dog meme coin has seen a significant surge, jumping 54% since last Friday.
However, it is down 17% from its all-time high yesterday and is now hovering around $0.0191.
Since Saturday, the Nero index has been stuck in a narrow range.
The interesting part here is that the spot trading volumes of the token increased by 42% in the last day.
If you look at the 4-hour chart, you will also see the classic impulse correction pattern.
This suggests that another step may be in the right direction.
So, is NEIRO starting to lose steam?
Not necessarily - while the SPX may be slowing down, the NEIRO may still have some momentum left.
It's not a guarantee, but the signs look promising.
A prominent expert believes that the new Crypto All-Stars project could be the next meme coin to explode.
While both SPX and NEIRO have surged, some experts are starting to think that other coins may be better bets moving forward.
One such contender is Crypto All-Stars (STARS).
This new project has received significant attention from Cilinix Crypto, a popular crypto influencer with over 71,000 subscribers on YouTube.
He noted that Crypto All-Stars is working on something called MemeVault.
It is a platform where users can bet on top meme coins â like DOGE and PEPE â to earn STARS tokens in return.
The more stars a user has, the more rewards he will get.
Cilinix Crypto is making a buzz about this setup and also mentioned that Crypto All-Stars has already raised millions of dollars in presale.
This is believed to be impressive for a new meme coin project.
Finally, he noted that Crypto All-Stars has not yet launched, but could be huge once it hits the open market later this year.
Members of the project's Telegram channel believe it will be the same.
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