My Strategy on How to Find Alts Before They Did 10X-1000x.
We are in the biggest bull cycle in history!To make your first $1,000,000, all you need is:➬ $1,000 in savings➬ 2024 - 2026 bull run➬ My strategy on how to find alts before they did 1000x1. How does the psychology of market cycles work:Remember, that every cycle is essentially the same.Emotions consistently influence market prices.The scheme below accurately reflects people's state of mind during each period of time.Also, a lot of crypto coins will have big cool-off periods.During these periods, we see decreased trading volume, diminishing public interest, and price declines.It is during these times that many investors may lose enthusiasm or become disheartened with their investments. And this is where professionals take action."Buy the fear, sell the greed."When everyone is caught up in euphoria, it usually signals that the end is near.On the other hand, when everyone is filled with fear or feeling down, it's actually the best time for us to buy!2. Keep in mind that the crypto market is not efficient:This means there can be significant discrepancies between value and key performance indicators (KPIs):- Revenue of a protocol ≠ MC- Daily Active Users ≠ MC- Money raised ≠ MC3. How to find alts before they pump:To identify a promising token, consider these three factors:- Look for a token with decent fundamentals- Identify a significant price discrepancy- Find a chart that has reached a bottom or remains flat, accompanied by negative sentimentJust keep in mind that the lowest prices are always during the depression stage.These moments of despair can present unique opportunities for savvy individuals who are willing to take calculated risks. Buying at such times might actually be advantageous in certain situations. 4. How to conduct proper research:To begin, you can use platforms like @CoinMarketCap_official or coingeckoTake a range of coins from 100-1000 and divide them by market cap.Pay attention to the coins in the depression stage and consider adding them to your watchlist. The world of crypto has a diverse range of sectors, each with its own unique tokens and opportunities.You can choose to focus on a specific sector that interests you or where you have more knowledge. Some popular sectors include AI, L1 & L2, GameFi, SocialFi, P2E, DeFi. ➬ Use platforms like Crunchbase or Crypto Dealflow to look for fundraising info.This is a crucial factor to consider before investing in a token. It's important to know if reputable funds are backing a project.➬ Then, consider visiting platforms like Token Unlocks or VestLab to explore the tokenomics and vesting period of a token.Look at:· The number of tokens held by investors· The allocation of tokens to the community· The allocation of tokens for marketing purposes➬ In the end, make sure to stay informed about any upcoming major news related to your project.Platforms like CoinMarketCal or DropsEarn can be helpful.➬ But wait, we forgot one more crucial thing!Before investing in any coins, it is vital to consider one key detail:Is the project actively developing, and is the team actively building?You can find this info on their official X account or on their LinkedIn profile.In the end,It may not come easy at first, but with time, you'll improve.The successful outcomes I achieve by employing this strategy more than compensate for the times when I'm wrong.I believe in you too, bro💪Don't miss out on the next alpha! Follow me now. #Write2Earn #BullRun #Alts
$JUP given $800M worth of airdrop, and a lot of users receive it.
I've discovered tokenless Solana protocols, that might reward us.
1/ → @Parcl
Parcl is a synthetic asset protocol built on Solana. It allows you to invest in digital square feet/meters of real estate around the world. It has raised $11.6M from Coinbase Ventures, DragonFly Capital, Solana Ventures, and others.
→ TVL
Parcl takes 13th place by TVL with $50M on the Solana network.
Users actively stake & trade their assets to receive points in return. Because Point Season 2 has started.
→ Step-by-step strategy:
• Go to app.parcl.co/points. • Connect your wallet. • Add liquidity. • Make trades
→ Point System:
Entering "batcher"code earns you a 5% points boost forever. • 1 point per 1 USD LENDING/24 hours. • 4 points per 1 USD BORROW/24 hours.
2/ → @Kamino_Finance
Kamino Finance was created to offer users the easiest possible way of providing liquidity and earning yield on-chain.
The UI provides industry-leading analytics, performance information, and position details.
→ TVL
Kamino takes 4th place by TVL with $286M on the Solana network. Points Season 1 started, and a lot of people participated in it, to receive upcoming airdrop.
→ Step-by-step strategy:
• Go to app.kamino.finance. • Connect your wallet. • Go to Borrow & Lend. • Choose any asset, put in the desired amount • Borrow it.
3/ → @marginfi
Marginfi is a decentralized lending protocol on Solana that prioritizes risk management to provide a safe and reliable solution for users.
The protocol is a fully permissionless suite of smart contracts deployed on a blockchain.
→ TVL
Marginfi takes 4th place by TVL with $286M on the Solana network.
Users actively stake their assets to receive points. Point Season 1 is live now!
→ Step-by-step strategy:
• Go to mfi.gg/points. • Connect your wallet. • Stake $SOL or any other token. • Farm points, to later get airdrop for them.
→ Point System:
• 1 point per 1 USD LENDING/24 hours. • 4 points per 1 USD BORROW/24 hours.
4/ → @DriftProtocol
Drift brings on-chain, cross-margined perpetual futures to Solana. Making futures DEXs the best way to trade.
Raised $3.8M led by Multicoin Capital.
→ TVL
Drift takes 9th place by TVL with $127M on the Solana network.
Users actively stake their assets to receive points. Drift Point Season is live now!
→ Step-by-step strategy:
• Go to app.drift.trade • Connect your wallet. • Deposit USDC/USDT/SOL. • Trade & make volume (be better to make at least $5-10k total volume).
5/ → @ZetaMarkets
Zeta's mission is to become the world's leading decentralized derivatives exchange. It has raised $8,5M from leading funds.
→ TVL
Zeta takes 25th place by TVL with $13,3M on the Solana network.
Users actively stake their assets to receive points. Z-Point Season is live now!
→ Step-by-step strategy:
• Go to dex.zeta.markets/trade/SOL-PERP. • Connect your wallet. • Trade $SOL or any other token. • Farm points, to later get airdrop for them.
→ Point System:
• 1 point per 1 USD Traded.
6/ → @sanctumso
Sanctum is Solana’s on-chain stability protocol. Sanctum unlocks staked SOL to be used throughout DeFi by providing a backstop of SOL liquidity.
Backed by VCs, and launch is expected in Q1 2024.
I hope my article was helpful. If so, please do not hesitate to :
1. Follow me for more alpha content
2. Like & Repost to motivate me to continue #TrendingTopic
BlackRock and Fidelity Lead in Net Inflows for Bitcoin ETFs
According to Blockworks, ten spot bitcoin ETFs were launched on January 11, and two funds have distinguished themselves in terms of net inflows: BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Investments’ Wise Origin Bitcoin Fund (FBTC). The BlackRock offering reached $1 billion in assets after four days of trading, while Fidelity’s fund hit the milestone on its fifth trading day. IBIT and FBTC had about $1.2 billion and nearly $1.1 billion in net inflows, respectively, after Thursday, according to Bloomberg Intelligence data. The two funds each have more than $2 billion in trading volumes since launching.
Yahoo Finance data indicated that IBIT saw an additional $430 million or so in trading volumes on Friday, while Fidelity’s fund hit Friday trading volumes totaling roughly $415 million. Robert Mitchnick, BlackRock digital assets head, told Blockworks in an email that this is just the beginning and they have a long-term commitment focused on providing investors access to an iShares quality ETF.
Other funds, such as Bitwise’s spot bitcoin ETF, were closing in on $400 million of inflows entering Friday, while a product by Ark and 21Shares had eclipsed inflows of $300 million. The Invesco Galaxy Bitcoin ETF (BTCO) had roughly $190 million of assets after five days on the market. Net inflows for a fund by crypto specialist Valkyrie have so far edged those seen by a product from traditional finance giant Franklin Templeton. VanEck and WisdomTree have seen the lowest levels of inflows thus far.
Grayscale Investments’ Bitcoin Trust ETF (GBTC) has seen about $2.2 billion of outflows so far, according to Bloomberg Intelligence data. GBTC had about $28 billion in assets upon the conversion, but that level has come down amid outflows due to its 1.5% fee, which is well above the other ETFs with fees between 0.19% and 0.39%. John Hoffman, Grayscale’s managing director of sales and distribution, called GBTC a leading risk transfer vehicle that has dominated spot bitcoin ETF volumes, with trading volumes totaling roughly $7.7 billion after five days of trading.
In Just 13 Days, This Crypto Wallet Went From $405 To $420,983.78
A week before, he made Purchase that changed his life FOREVER! How did he achieve this? I'll show you below..🧵👇
2/➮ Whale's Biggest Gain came from $TROLL. He purchased this money-printing machine in early December, investing only $445.61. Then all he needed to do was wait until the price started to PUMP. Profit and Loss: +$389,769.58
3/➮ This chart showcases his brilliant early entry. ☩ He acquired the token at unbelievably low prices never seen before.
4/➮ Here's a step-by-step guide on "How to find Huge whales" : ☩ Visit
@ DEXToolsApp or @ dexscreener
☩ Choose the Ethereum Network. ☩ Identify the coin that has achieved the highest price increase in the last 24 hours. 5/➮ Utilize @ etherscan to find whales. ☩ Visit the "Holders" section.
☩ Copy the token address starting from the 5th position. ☩ After that, use @ zerion
oR @ DeBankDeFi
to research the transaction history of each wallet. 6/➮ Track smart wallets like a pro:
☩ Make a killer list of wallets to monitor. ☩ Level up with @ ArkhamIntel for smart alerts. ☩ When you get the message, dive into smart money and make moves. 7/➮ This whale has made a tremendous amount of profit. ☩ However, mindless copying of trades will lead you to total REKT ☩ Always remember to DYOR! His wallet: 0xed50e9e7ca905d2018b2db81005e39039a5b71c1
🚨 Breaking News: Ripple Faces Possible $3 Billion Fine, XRP Lawsuit Takes a Dramatic Turn! ⚖️💰
The Ripple vs. SEC saga just hit a pivotal moment as crypto expert Zach Rector unveils a potential $3 billion fine for the payments giant. This shocking revelation could be a game-changer in the protracted legal battle. Here's a closer look at the latest developments:
1. 💼 The $3 Billion Bombshell: A Turning Point?
In a recent YouTube video, Rector painted a grim future for Ripple and XRP, suggesting that Judge Torres' ruling on XRP's On-Demand Liquidity (ODL) sales as "investment contracts" might lead to a staggering $3 billion to $3.5 billion disgorgement penalty. The SEC claims Ripple sold $3 billion worth of XRP during the lawsuit, adding to the alleged $1.3 billion in unregistered securities from 2013.
2. ⚖️ ODL Sales Under Scrutiny: Ripple's Defense Strategy
Anticipating an adverse ruling, Rector anticipates Ripple appealing, questioning the classification of ODL investments as contracts. Despite the potential hefty fine, Rector argues that it might not necessarily cripple Ripple's XRP sales.
3. 📅 What's Next for Ripple and XRP?
The SEC's recent motion demands crucial documents, including Ripple's post-complaint ODL sales contract and audited 2022-2023 financials. Ripple has until January 19 to respond, and the ongoing discovery phase will play a pivotal role in shaping the future of Ripple and XRP. The final decision is expected on April 29, 2024, when the SEC submits its final remedies proposal.
🔮 The Verdict Looms: Ripple's CEO Ready for Supreme Court Battle!
CEO Brad Garlinghouse has expressed readiness to take the case to the Supreme Court if needed, indicating that the final stretch of the legal proceedings will undoubtedly be intriguing.
📰 Stay tuned for real-time updates on the Ripple vs. SEC saga! Follow The Defidraft for the latest in crypto news and legal developments. 🌐🔍
It may seem funny or stupid! But this is my prediction of the current bullish market!
Why? Because firstly, there are still gaps that have not been filled, and secondly, there are orders that have been left!
So, if #Bitcoinis going to see more than 100k, there is a 90% chance that we will not see again the price of 10k until the end of our lives! So, before this big move, he must gather all the lower power and take all the orders...
💥👀Binance announces next Launchpool project: New mode is coming
Binance, the world's largest cryptocurrency exchange, is the 41st. He explained the Launchpool project. Accordingly, the new Launchpool will be made for NFPrompt (NFP).
Users will be able to earn NFP by staking their BNB, FDUSD and/or TUSD in different pools for seven days. The stake process, called "Farming", will start tomorrow at 03.00 TSI. NFP will be listed on Binance on December 27 at 13.00 with NFP/BTC, NFP/USDT, NFP/BNB, NFP/FDUSD, NFP/TUSD trading pairs.
The “Fair Mode” model for Launchpool On the other hand, Binance announced that it has created a new model in Launcpool together with NFP. It was stated that this new model, called ”Fair Mode", is designed to protect and maximize the interests of the community and individual users. According to the new model, “significantly” more tokens will be allocated to the community during the initial circulation phase, and all Launchpool tokens will be made available before listing. In addition, in order to further reduce the inflation pressure of the new mode, it was noted that some allocated tokens will be permanently blocked from entering circulation.
The total token supply of NFP will be 1 billion units. 110 Million units of this, corresponding to 11 percent, will be issued on the Binance Launchpool. The first circulation of NFP will be 250 million units.
41. With the announcement of the Launchpool project, there was an increase in the price of BNB. Cryptocurrency has risen from $ 245 to $ 253 #NFPrompt #Binance #bnb
Investing in ACE has proven to be a rewarding journey for many, and it's time to extend heartfelt congratulations to all those who are now reaping the benefits of their financial acumen.
ACE's Allure: Investors were drawn to ACE for various reasons – be it the innovative products, a robust business model, or stellar financial performance. Recognizing and leveraging these strengths showcases a commendable level of due diligence and market insight.
Riding the Waves of Volatility: The stock market is notorious for its unpredictable nature, and ACE investors undoubtedly faced their fair share of market storms. Your ability to navigate through volatility with resilience and informed decision-making is a testament to your commitment and wisdom.
Perfect Timing: Successful investing often hinges on timing, and those who entered or exited ACE at opportune moments deserve applause. Your keen understanding of market dynamics and ability to make timely decisions have undoubtedly contributed to the profitability of your investments.
Diversification Wins: For those with a diversified portfolio, ACE's success adds a positive note. Diversification, a risk management strategy, has proven its worth. If ACE played a role in enhancing your diversified portfolio's profitability, you've demonstrated the wisdom of a well-balanced investment approach.
Adapting to Market Dynamics: In the dynamic world of the stock market, staying informed and adapting to changing circumstances are critical. Applaud yourself if you actively tracked ACE's performance and adjusted your strategies accordingly. Your market awareness and adaptability are commendable assets.
Celebrating and Planning Ahead: As you relish the success of your ACE investment, take a moment to reflect on your broader investment goals. Whether you opt to reinvest, diversify further, or explore new opportunities, strategic planning is the key to sustaining and building upon your success.
Memecoin Price Prediction 2023 – 2040: Is MEME a Wise Investment?
Memecoin Price Prediction 2023 – up to $0.0348
Memecoin Price Prediction 2026 – up to $1.25
Memecoin Price Prediction 2029 – up to $6
Memecoin Price Prediction 2040 – up to $12.50
Meme coins have sparked a lot of buzz in the cryptocurrency world, and one particular token that has gained considerable attention is Memecoin (MEME). As the native ecosystem token of Memeland, which is the web3 venture studio by 9GAG, MEME holds a special place in the meme community.
With any new cryptocurrency comes the question – what will its price be in the future? In this article, we’ll take a deeper look into Memecoin and try to make a price prediction for MEME.
The live Memecoin price today is $0.027225 USD, with a 24-hour trading volume of $177,341,271 USD. Memecoin is down 9.03% in the last 24 hours. The current CoinMarketCap ranking is #153, with a live market cap of $239,511,866 USD. It has a circulating supply of 8,797,500,000 MEME coins and a max. Supply of 69,000,000,000 MEME coins.
Memecoin (MEME) Price Analysis: Bearish sentiment sets MEME coin to lows of $0.02722
TL;DR Breakdown
Memecoin price analysis shows a downtrend
MEME token has corrected lower after a period of a bullish wave
Memecoin has sought support at $0.020
Memecoin has recently experienced a notable price correction following a peak in its value. However, the current technical indicators suggest a potential for a fine ascending trend in the near future. The short-term analysis reveals a mix of bullish and bearish signals. The meme token formed lower highs and higher lows consistently, forming a symmetrical triangle pattern. This formation points towards an imminent price breakout.
Memecoin is down 8%, trading at $0.02669 when writing. The token’s price dip was triggered by its recent high following a massive market correction that saw most cryptocurrencies lose significant value.
What to expect for MEME coin?
Memecoin price analysis indicates that MEME’s price may maintain its descending trend and reach the lower support level at $0.02916 before triggering a rebound toward $0.031. However, it’s important to note that the correction may not reach the $0.029 price level, indicating a potential for support before that point.
Memecoin’s recent trading journey has seen significant fluctuations, including a bullish rally followed by extreme bearish actions. While the price reached an all-time high (ATH) above $0.04, it has since experienced a series of bearish candles, leading to a sharp drop in value.
In the short term, testing the lower support is possible near $0.02916, and the technical indicators hint at a continued bearish trend. This trend may persist until the beginning of the last week, after which a healthy rebound is anticipated, potentially closing the monthly trade around $0.0305 to $0.031.
Meme coin technical analysis on the daily and 4-hour timeframes shows a potential trend reversal as the market experiences heightened volatility and increased interest from retail investors. The technical indicators suggest a mixed sentiment; some show bullish signals, while others remain neutral.
The Bollinger Bands, a volatility indicator, suggest that MEME is currently in the upper half of the bands, indicating the potential for a price increase towards the upper band. However, Memecoin may retrace and fall below the Simple Moving Average (SMA) after reaching the upper band, possibly entering a consolidation phase. The Bollinger Bands’ width percentile is at 92%, indicating potential maintenance of distance between the bands for some time.
The Relative Strength Index, an indicator of overvaluation or undervaluation, currently reads 51, with the RSI line approaching a potential bearish crossover below the Signal line. If this occurs, MEME may be considered bearish. However, a reversal could happen if buyers enter the market. Additionally, RSI divergence could signal a bearish divergence, such as a lower high when the price makes a higher high.
The ADL relies on price and volume to assess the current trend’s strength. Traders with a rising ADL value of 1.18B have supported MEME’s recent uptrend. This suggests that increased buyer accumulation could lead to a significant price increase. However, forming red candlesticks indicates that sellers have entered the market, potentially impacting MEME’s price negatively.
Memecoin Recent News
Memecoin (MEME) recently achieved a significant milestone by being listed on Binance’s Launchpool. This listing, which occurred on October 27, 2023, positions MEME as the 39th project to be featured on Binance’s platform. This development allows users to engage in staking activities in designated pools to farm MEME tokens, specifically with BNB, TUSD, and FDUSD.
The farming period for MEME tokens on Binance’s Launchpool is 30 days, allowing users to invest and potentially earn rewards through this new cryptocurrency offering. Binance, a leading player in the cryptocurrency exchange market, announced this development, emphasizing the opportunity for users to farm MEME by staking various supported currencies.
Memecoin Price Prediction 2023-2050 by Cryptopolitan
Memecoin Price Prediction 2023
According to the Memecoin price forecast for 2023, MEME coin is expected to see prices fluctuate between a minimum of $0.027 and a maximum of $0.0348, with an average price settling around $0.030.
Memecoin Price Prediction 2024
Memecoin price forecast for 2024 suggests Memecoin’s value could increase, with a minimum price of $0.040, an average of $0.055, and a potential maximum reaching up to $0.065.
Memecoin Price Prediction 2025
In 2025, our Memecoin price forecast estimates a significant rise, with the price ranging from a minimum of $0.87 to a maximum of $1.12 and an average price hovering around $0.9.
Memecoin Price Prediction 2026:
The Memecoin price prediction for 2026 suggests that the MEME coin’s trend could dip slightly, with a minimum price of $0.65, an average price of $0.75, and a maximum price potentially reaching $1.25.
Memecoin Price Prediction 2027
The MEME coin price prediction for 2027 shows further growth, with a minimum price of $1, an average of $1.125, and a maximum price of $1.85.
Memecoin Price Prediction 2028
In 2028, the growth trajectory continues, with the prices expected to be at a minimum of $1.5, an average of $1.75, and a maximum of $2.5.
Memecoin Price Prediction 2029
Memecoin price prediction 2029 estimates a notable surge, with minimum prices at $2, an average of $4, and a maximum price potentially soaring to $6.
Memecoin Price Prediction 2030
The year 2030 might see a variation in the price, ranging from a minimum of $1.35, an average of $2.85, to a maximum of $4.5.
Memecoin Price Prediction 2040
Looking far ahead to 2040, Memecoin is expected to stabilize at higher values, with a minimum price of $6, an average of $8.5, and a maximum of $12.5.
Memecoin Price Prediction 2050
Our future projection for 2050 suggests a significant increase, with Memecoin potentially reaching a minimum price of $14, an average of $15.75, and a maximum of $25.
Memecoin Price Prediction by CoinCodex
The memecoin price forecast by Coincodex suggests that the MEME coin will drop by -2.15% and reach $ 0.026381 by December 3, 2023. According to our technical indicators, the current sentiment is Bearish, while the Fear & Greed Index shows 68 (Greed). Memecoin recorded 12/24 (50%) green days with price volatility over the last 30 days. Based on Coincodex, Memecoin forecast, now is the wrong time to buy Memecoin.
Based on the historical price movements of Memecoin and the BTC halving cycles, the yearly low Memecoin price prediction for 2024 is estimated at $ 0.024312. Meanwhile, the price of Memecoin is predicted to reach as high as $ 0.038052 next year. Using the same basis, here is the Memecoin price prediction for each year until 2030.
Memecoin Price Prediction by DigitalCoinPrice
According to Digitalcoinprice, Memecoin (MEME) will undergo significant growth and fluctuations in the coming years. In the short term, by the end of 2023, MEME is expected to see its price oscillate, with a possibility of a slight decrease initially followed by a substantial rise in mid-December.
The anticipated maximum price by 2025 could reach up to $0.0933, with a minimum of $0.0787. 2024 might see MEME breaking the $0.0692 barrier with a steady average of around $0.0681. The following years, particularly 2025 and 2026, could witness further ascents in MEME’s price, with potential highs reaching $0.0933 in 2025 and around $0.12 in 2026.
The long-term forecast for Memecoin remains optimistic. Predictions for 2027 suggest a significant surge, possibly exceeding $0.12, and continuing this upward trajectory through 2028 with a potential maximum of $0.15. By 2029, MEME is expected to reach around $0.20, marking substantial growth over five years. The years 2030 and beyond hold even more promise, with forecasts indicating MEME could surpass $0.28 by 2030 and potentially reach upwards of $0.50 by 2032, demonstrating a long-term positive trend for this cryptocurrency.
Memecoin MEME Overview
Meme coins are a category of cryptocurrencies based on memes and meme culture. They have gained popularity in crypto due to their unique nature and appeal to a younger audience. Memecoin MEME is no exception, with its quirky branding and dedicated community.
Dogecoin was the frontier in the meme coin world, and since then, we have seen a steady rise in the number of meme-inspired tokens. The potential of meme coins cannot be ignored, as seen by the success of SHIB, DOGE coin, and many more meme coins that have emerged on the market. PEPE coin displayed the underlying potential in meme coins after realizing a market cap of over $1 billion. Memecoin (MEME) has the potential to have a similar impact on the market.
What is Memecoin MEME
Memecoin (MEME) token is a native cryptocurrency of the Memeland ecosystem, developed by 9GAG. Memecoin (MEME) presents an intriguing case in the cryptocurrency landscape, primarily because it openly declares having no intrinsic value or functionality and does not promise any form of financial return, profit, or dividend.
Despite this straightforward admission, MEME has garnered substantial attention and investment within the cryptocurrency community. This interest reflects a cultural phenomenon in the digital asset world, where community interest and the cultural significance of memes rather than traditional financial metrics or utility can drive perceived value and engagement.
The Memeland ecosystem, closely associated with MEME, features a series of unique PFP (Profile Picture) collections, each with its thematic focus and community value. These collections include “You the real MVP,” featuring 420 gold trophies as a token of appreciation for the community; “The Potatoz,” a set of 9,999 meme and pop culture-inspired PFPs that function as the base-level membership of Memeland; and “The Captainz,” consisting of 9,999 PFPs with traits inspired by pirates and pop culture, representing the premier-level membership.
These collections serve as digital collectibles and play a role in the governance of the Memeland DAO (Decentralized Autonomous Organization), contributing to the decision-making process and growth of the Memeland ecosystem. The Captainz, in particular, have first access to new developments, including the Memeland metaverse project, Treasure Islandz.
Memecoin Price History
Memecoin was launched on 28th October by the renowned internet humor platform 9GAG and has quickly become a significant player in the meme coin market. The Memecoin garnered immense popularity through a unique launch strategy involving a fire sale and strategic social media airdrops to cultivate a robust and dedicated community. This approach proved highly successful, with the fire sale raising over $11 million and selling more than 11.4 billion MEME tokens at $0.001 each, representing a 150% surge from what the team initially planned.
Looking at its price history since 27th October 2020, MEME saw its first price pump on the same day, reaching a high of $0.02868. The MEME token price remained above $0.0020 until 7 November, when a minor pullback occurred below the $0.0200 level. Memecoin continued trading around the $0.020 level, with minor fluctuations, until the price spiked again on 4 January, reaching an all-time high of $0.04075 on November 15th.
Memecoin recorded an all-time low of $0.0751 on 14 January, following a significant market correction. This dip was short-lived, and the token’s price quickly rebounded. The memecoin has been trading at around $0.0268 for the past few days.
More on Memecoin Token
Memecoin (MEME), post its fire sale, has witnessed remarkable developments in the crypto market, notably with its inclusion on Binance’s spot market and the Binance Launchpool. This listing and its introduction on other major exchanges like MEXC, BitMEX, and Bybit significantly boosted its visibility and trading volume.
Despite an initial 36% drop in price following the fire sale, MEME has shown a strong recovery, surging by 128% and experiencing a 60% increase in the last 24 hours. This growth is largely attributed to speculative interest and robust community engagement, as evidenced by its substantial social media following. Currently, Memecoin ranks as the fifth-largest meme coin globally by market capitalization and leads as the most-traded meme coin in daily volume.
Memecoin Tokenomics
Memecoin (MEME), as per its tokenomics, has a total supply of 69 billion MEME tokens. The token distribution is structured in a phased manner, with the first 2.7% of the total supply, amounting to approximately 1.863 billion tokens, becoming available on October 27. Following this initial release, the remaining tokens will be gradually unlocked over eighteen months. This phased approach to token distribution is often adopted in the cryptocurrency space to manage supply and potentially stabilize the token’s market value over time.
Conclusion
Memecoin cryptocurrency has exhibited strong potential for growth over the past month, with its price stabilizing and steadily increasing. With several price predictions by reputable sources, it is evident that Memecoin has the potential to continue its upward trajectory in the coming years, making it a promising investment opportunity for those interested in cryptocurrency.
If investors continue to show interest and support for this meme-based digital asset, there is a high likelihood that Memecoin will continue to grow and potentially reach new heights. However, as with any investment, it is essential to research and carefully consider all factors before making financial decisions.
#USTC currency gains more than 40% suddenlyThe price of the USTC digital currency has achieved a significant rise, as the price of the currency reached 0.0187 dollars with a rise of more than 40% on the Binance digital platform.The USTC digital currency is now trading at a price of 0.01861966 dollars and with a trading volume of 76 million dollars, ranking 226th in terms of market capitalization.Its highest price today also reached 0.01875707 dollars, while its lowest price was 0.01330348 dollars, the highest price ever reached by the currency was 1.092 dollars on 2021-01-11 and the lowest price ever reached was 0.00601921 dollars on 2022-06-18.Why the USTC digital currency has risen in priceAfter the USTC digital currency achieved a rise in its price over the past hours, the Arab Club website Team searched for the reasons for this rise, by returning to the accounts of the USTC digital currency platform and searching for the latest news or updates indicating the reason for the currency's rise.We found that the official account of the USTC digital currency did not share any new news about the currency project nor any updates that would raise the price of the currency.It is worth mentioning that investors via the Twitter platform were optimistic about the future after the news spread about the new CEO of Binance, Richard Teng, who was one of the biggest supporters of LUNC and WESTC within the Binance team.This news may be a possible reason for investors ' appetite towards the currency and its price rise. More informationWhat caused the price of RARE currency to explode by more than 80%The price of the RARE digital currency has exploded by more than 80% over the past 24 hours, reaching 0.149 dollars at its highest level during the day.The RARE digital currency is now trading at a price of 0.14281 dollars and with a trading volume of 99 million dollars, ranking 336th in terms of market capitalization.Its highest price today also reached 0.149 dollars, while its lowest price was 0.079734 dollars, the highest price ever reached by the currency was 3.64 dollars on 2021-10-11 and the lowest price ever was 0.051224 dollars on 2023-10-19.What is the reason for the high price of RARE digital currencyAfter the RARE digital currency achieved a rise in its value over the past hours, the club's team searched for the reasons for this rise.Returning to the official accounts of the RARE currency platform, and looking for the latest news and updates that may indicate indicators of growth or otherwise, but the official accounts of the RARE currency platform have not announced any new events recently.It is worth noting that cryptocurrency analysts on Twitter, such as World of Charts, have pointed out this rally earlier, which came as a result of the breakout of the descending wedge and retesting, and predicted a double bullish wave in the coming days.#USTC
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