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Best Memecoins by Weekly Performance! 🚀 1️⃣ HOPPY (hoppycoinERC20) +59.54% 2️⃣ DADDY (DaddyTateCTO) +43.91% 3️⃣ OMNOM (omnomtoken) +18.03% 4️⃣ BONK (bonk_inu) +3.35% 5️⃣ BYTE (Byte_Erc20) +2.10% 6️⃣ WOW (TurboToadToken) -4.26% Even as Bitcoin has dipped in recent days, these memecoins shone brightly! 🌟 Turbo is holding strong despite the market trends. Don't miss out on the latest trends in the crypto space. #memecoincom #memecoins2024 #Memeoins
Best Memecoins by Weekly Performance! 🚀

1️⃣ HOPPY (hoppycoinERC20) +59.54%
2️⃣ DADDY (DaddyTateCTO) +43.91%
3️⃣ OMNOM (omnomtoken) +18.03%
4️⃣ BONK (bonk_inu) +3.35%
5️⃣ BYTE (Byte_Erc20) +2.10%
6️⃣ WOW (TurboToadToken) -4.26%

Even as Bitcoin has dipped in recent days, these memecoins shone brightly!

🌟 Turbo is holding strong despite the market trends. Don't miss out on the latest trends in the crypto space.

#memecoincom #memecoins2024 #Memeoins
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Baisse (björn)
MASSIVE ALERT ON $FLOKI 🚨 If This Support Fails 👇21.5% Gap ⚠️ FLOKI is experiencing a significant down trend over the last 10 days, losing almost 23% from R3 to S2. That's causing several concerns between investors. In fact, despite some positive metrics (BB and Selling Volumes), many others are suggesting a downtrend (e.g. MACD, weekly RSI). However, I see hope for a rebound if the current price holds the support S2 and doesn't drop below the EMA 50. Also, as you may noticed in the picture, the current price sits on the green border (bearish pennant pattern) and it's fundamental that it bounces out of there. Personally, according to this situation I will implement the following strategy: Short Term Strategy: 🐻+🐂 I'll open a long position on S2 ranges (0.000183 - 0.000192) and watch out a potential bounce to R1 (R1 will be my take profit level). To mitigate losses, I'll set up a stop loss on 0.000174. In case the selling volume go against me, I'll automatically open a short position exactly on my stop loss (0.00017) and set a new one on 0.000192. For a bearish confirm out of the pennant pattern, I'll take profit on S1. Short position offers way more gains (21.5% vs 12%) but it's important to implement a strategy that hedge (protect) your position and thus mitigate any potential losses NOTE 1) Next following hours are critical, it's important to monitor them closely (15/30min/1hr time frame) NOTE 2) Support & Resistance have been drawn on a 4hrs time frame to be more precise DYOR 🙏 #flokialert #TradingStrategies #memecoins2024
MASSIVE ALERT ON $FLOKI 🚨 If This Support Fails 👇21.5% Gap ⚠️

FLOKI is experiencing a significant down trend over the last 10 days, losing almost 23% from R3 to S2. That's causing several concerns between investors. In fact, despite some positive metrics (BB and Selling Volumes), many others are suggesting a downtrend (e.g. MACD, weekly RSI). However, I see hope for a rebound if the current price holds the support S2 and doesn't drop below the EMA 50. Also, as you may noticed in the picture, the current price sits on the green border (bearish pennant pattern) and it's fundamental that it bounces out of there. Personally, according to this situation I will implement the following strategy:

Short Term Strategy: 🐻+🐂
I'll open a long position on S2 ranges (0.000183 - 0.000192) and watch out a potential bounce to R1 (R1 will be my take profit level). To mitigate losses, I'll set up a stop loss on 0.000174. In case the selling volume go against me, I'll automatically open a short position exactly on my stop loss (0.00017) and set a new one on 0.000192. For a bearish confirm out of the pennant pattern, I'll take profit on S1. Short position offers way more gains (21.5% vs 12%) but it's important to implement a strategy that hedge (protect) your position and thus mitigate any potential losses

NOTE 1)
Next following hours are critical, it's important to monitor them closely (15/30min/1hr time frame)
NOTE 2)
Support & Resistance have been drawn on a 4hrs time frame to be more precise

DYOR 🙏

#flokialert #TradingStrategies #memecoins2024
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Hausse
THE TOP MEMECOINS FOR MAY 2024! 🔥 Here My List👇(Part 1) Memecoin season seems to be on the horizon, in fact data shows that total market cap of the altcoins (including memes) is growing. Also, indicators like the MACD are suggesting a bullish momentum. There are many memecoins around, but this time I'll focus on 2 which already have an established maturity (and market cap) and 1 that's still a low cap but with great potential. 1) DogWifHat ($WIF ) This meme token has surprised many by entering the hedge fund market, it's really gaining traction while gaining wider adoption. WIF has even surpassed tokens like Polygon Matic in trading volume. Personally I'll watch out the $2.1 - $2.3 support for a potential long entry. 2) Pepe ($PEPE ) Pepe, known for its frog theme, has been projected to experience significant growth in May according to some analysts. Personally, I'll watch out at $0.00000655 - $0.00000070 support. Watch out at the daily MACD! 3) Samoyedcoin (SAMO) This meme has been developed on the Solana blockchain and it's getting gradually listed on major exchanges. With recent marketing campaigns and new use cases, I believe SAMO could become an interesting opportunity. SAMO has a market cap of 28 millions and its price is currently on the support $0.006 - $0.0076. STAY TUNED & DON'T MISS THE PART 2 🔥 Remember, Your Support Is MASSIVELY Appreciated!👍💪 Remember, mitigate risks while keep monitoring the project's fundamentals and stay informed about market trends! That's my personal opinion, not a financial advise! - DYOR 🙏 NFA.🤝 #memecoins2024 #Altcoins2024 #memecoinprediction
THE TOP MEMECOINS FOR MAY 2024! 🔥 Here My List👇(Part 1)

Memecoin season seems to be on the horizon, in fact data shows that total market cap of the altcoins (including memes) is growing. Also, indicators like the MACD are suggesting a bullish momentum. There are many memecoins around, but this time I'll focus on 2 which already have an established maturity (and market cap) and 1 that's still a low cap but with great potential.

1) DogWifHat ($WIF )
This meme token has surprised many by entering the hedge fund market, it's really gaining traction while gaining wider adoption. WIF has even surpassed tokens like Polygon Matic in trading volume. Personally I'll watch out the $2.1 - $2.3 support for a potential long entry.

2) Pepe ($PEPE )
Pepe, known for its frog theme, has been projected to experience significant growth in May according to some analysts. Personally, I'll watch out at $0.00000655 - $0.00000070 support. Watch out at the daily MACD!

3) Samoyedcoin (SAMO)
This meme has been developed on the Solana blockchain and it's getting gradually listed on major exchanges. With recent marketing campaigns and new use cases, I believe SAMO could become an interesting opportunity. SAMO has a market cap of 28 millions and its price is currently on the support $0.006 - $0.0076.

STAY TUNED & DON'T MISS THE PART 2 🔥 Remember, Your Support Is MASSIVELY Appreciated!👍💪

Remember, mitigate risks while keep monitoring the project's fundamentals and stay informed about market trends! That's my personal opinion, not a financial advise! - DYOR 🙏 NFA.🤝

#memecoins2024 #Altcoins2024 #memecoinprediction
🚀 Turn $10 into $1,000 with these 3 sizzling meme coins! 🌟 1. 💚 PEPE ($PEPE ): Riding the Ethereum wave, PEPE surged a jaw-dropping 13,620% this year! Today's price: $0.000008022, up 5% 📈 2. 🐕 SHIBA INU Coin ($SHIB ): More than a meme, it's a DeFi powerhouse! Up 184% this month, price at $0.00003196, up 6% today 🚀 3. 🐾 FLOKI ($FLOKI ): It's not just a coin; it's a movement! With a massive 389% rise this month, price at $0.0002633 🌊 🔥 These meme coins are on fire, offering incredible growth potential! Don't miss out before the halving event! #BullorBear #memecoins2024 #HalvingCycles #SHIB #PEPEPotential 🤑
🚀 Turn $10 into $1,000 with these 3 sizzling meme coins! 🌟

1. 💚 PEPE ($PEPE ): Riding the Ethereum wave, PEPE surged a jaw-dropping 13,620% this year! Today's price: $0.000008022, up 5% 📈
2. 🐕 SHIBA INU Coin ($SHIB ): More than a meme, it's a DeFi powerhouse! Up 184% this month, price at $0.00003196, up 6% today 🚀
3. 🐾 FLOKI ($FLOKI ): It's not just a coin; it's a movement! With a massive 389% rise this month, price at $0.0002633 🌊

🔥 These meme coins are on fire, offering incredible growth potential! Don't miss out before the halving event! #BullorBear #memecoins2024 #HalvingCycles #SHIB #PEPEPotential 🤑
NEW BIRTHS ON $NEAR ! 🔥 New Mememecoins Are On The Road! 👇 Near Protocol has recently added to its ecosystem 3 new memecoins! Nearvidia, Touched and Shitzu. Currently, Near includes a total of 6 memecoins. Neko, Blackdragon and Lonk already have a millionaire market cap, while the new births are still under 500k. Briefly, I'll now introduce those last! NEARVIDIA This is an AI memecoin that includes a generative pre-training transformer (GPT). Basically it learns from text data in order to mimic human-like writing. It's a memecoin with already an operative website and community. Nearvidia is currently listed on Ref Finance TOUCHED It is a pure speculative memecoin that was born after the Nvidia Conference. In fact, Jensen touched the co-founder of Near Protocol (Illia) and since that moment, several speculations about a potential partnership between Near and Nvidia have arisen! No website available, but you can find it on twitter. Listed on Ref Finance SHITZU This memecoin comes from Aurora, a layer 2 scaling solution of Near. Its twitter activity is pretty high and it is pushing on new partnerships! Website under maintenance, listed on Ref Finance Personally I'll follow closely Nearvidia due to its utility and AI orientation! STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝 #memecoins2024 #MemeCoinsSeason #NEARProtocol
NEW BIRTHS ON $NEAR ! 🔥 New Mememecoins Are On The Road! 👇

Near Protocol has recently added to its ecosystem 3 new memecoins! Nearvidia, Touched and Shitzu. Currently, Near includes a total of 6 memecoins. Neko, Blackdragon and Lonk already have a millionaire market cap, while the new births are still under 500k. Briefly, I'll now introduce those last!

NEARVIDIA
This is an AI memecoin that includes a generative pre-training transformer (GPT). Basically it learns from text data in order to mimic human-like writing. It's a memecoin with already an operative website and community. Nearvidia is currently listed on Ref Finance

TOUCHED
It is a pure speculative memecoin that was born after the Nvidia Conference. In fact, Jensen touched the co-founder of Near Protocol (Illia) and since that moment, several speculations about a potential partnership between Near and Nvidia have arisen! No website available, but you can find it on twitter. Listed on Ref Finance

SHITZU
This memecoin comes from Aurora, a layer 2 scaling solution of Near. Its twitter activity is pretty high and it is pushing on new partnerships! Website under maintenance, listed on Ref Finance

Personally I'll follow closely Nearvidia due to its utility and AI orientation!

STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝

#memecoins2024 #MemeCoinsSeason #NEARProtocol
#W jast today big pump Oh man, so let me tell you about W. I bought it at $1.50, but then it dropped big time. Sold it at $1.29, but then bought it back at the same price. Crazy, huh? But hey, at least I still got the same amount of $W. Phew! 😅 There was this weird thing on Binance saying it went up 2000%, but really, you could only buy it for $1.00 Some people freaked out and sold, but others stuck around. 🤞 On other sites, it was around $1.26+. So get ready, 'cause W's gonna take us on a wild ride! 🚀 #Write2Earrn #HotTrends #memecoins2024 #Follow4more $W
#W jast today big pump
Oh man, so let me tell you about W.
I bought it at $1.50, but then it dropped big time. Sold it at $1.29, but then bought it back at the same price.
Crazy, huh? But hey, at least I still got the same amount of $W . Phew! 😅 There was this weird thing on Binance saying it went up 2000%, but really, you could only buy it for $1.00
Some people freaked out and sold, but others stuck around. 🤞 On other sites, it was around $1.26+. So get ready, 'cause W's gonna take us on a wild ride! 🚀
#Write2Earrn #HotTrends #memecoins2024 #Follow4more $W
$PEPE is looking to breakout from symmetrical triangle on 4H and 1D charts. Crucial Points to watch are 760 and 778. If it's able to breakout then we will kill zero by next week. #PEPE #BTC #memecoins2024
$PEPE is looking to breakout from symmetrical triangle on 4H and 1D charts.
Crucial Points to watch are 760 and 778. If it's able to breakout then we will kill zero by next week.

#PEPE #BTC #memecoins2024
I CALLED FOR IT! Exactly 2 Days Ago 🔥$FLOKI On 10 April I called out my strategy and outlined the importance to hedge (mitigate risk) your position. In this case, the selling pressure triggered my stop loss and automatically opened a short position. On S1 I took profit. The plan B on a 21.5% gap paid out! Here Below, You Can Find The Quick Analysis I made on 10 April 2024 (2 days ago)! 👇 If You Also Hedged Your Position, GRATZ! 💪 DYOR & STAY TUNED 🙏💪 #flokialert #CryptoAlert #learntoearn #memecoins2024
I CALLED FOR IT! Exactly 2 Days Ago 🔥$FLOKI

On 10 April I called out my strategy and outlined the importance to hedge (mitigate risk) your position. In this case, the selling pressure triggered my stop loss and automatically opened a short position. On S1 I took profit. The plan B on a 21.5% gap paid out!

Here Below, You Can Find The Quick Analysis I made on 10 April 2024 (2 days ago)! 👇

If You Also Hedged Your Position, GRATZ! 💪 DYOR & STAY TUNED 🙏💪

#flokialert #CryptoAlert #learntoearn #memecoins2024
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InnovAlain
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Baisse (björn)
MASSIVE ALERT ON $FLOKI 🚨 If This Support Fails 👇21.5% Gap ⚠️

FLOKI is experiencing a significant down trend over the last 10 days, losing almost 23% from R3 to S2. That's causing several concerns between investors. In fact, despite some positive metrics (BB and Selling Volumes), many others are suggesting a downtrend (e.g. MACD, weekly RSI). However, I see hope for a rebound if the current price holds the support S2 and doesn't drop below the EMA 50. Also, as you may noticed in the picture, the current price sits on the green border (bearish pennant pattern) and it's fundamental that it bounces out of there. Personally, according to this situation I will implement the following strategy:

Short Term Strategy: 🐻+🐂
I'll open a long position on S2 ranges (0.000183 - 0.000192) and watch out a potential bounce to R1 (R1 will be my take profit level). To mitigate losses, I'll set up a stop loss on 0.000174. In case the selling volume go against me, I'll automatically open a short position exactly on my stop loss (0.00017) and set a new one on 0.000192. For a bearish confirm out of the pennant pattern, I'll take profit on S1. Short position offers way more gains (21.5% vs 12%) but it's important to implement a strategy that hedge (protect) your position and thus mitigate any potential losses

NOTE 1)
Next following hours are critical, it's important to monitor them closely (15/30min/1hr time frame)
NOTE 2)
Support & Resistance have been drawn on a 4hrs time frame to be more precise

DYOR 🙏

#flokialert #TradingStrategies #memecoins2024
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Fealty Crypto
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Hausse
QUAL MEME VOCÊ AINDA QUER VER SENDO LISTADA NA BINANCE PRIMEIRO:
Massive DOGE Spending: Whales Drop 700 Million DOGE Shopping 🐋💸 🐕DOGE Whales Go on a Buying Spree On-chain data reveals that Dogecoin whales have been net buyers in the past three days. 📈 Increase in Whales' DOGE Holdings Dogecoin whales have accumulated a significant amount recently. The analytics firm Santiment tracks Dogecoin supply through its "Supply Distribution," which monitors the total DOGE held by various wallet groups. These groups are categorized based on their coin balances. For instance, the 1 to 10 coins category includes all addresses holding 1 to 10 DOGE. Supply Distribution measures the total supply held by investors within these categories. 💡 Bitcoin-Gold Correlation: Implications In the context of DOGE, “whales” refers to holders with 100 million to 1 billion DOGE. At current rates, this range is equivalent to $16.1 million to $161 million. 🐋Significance of Whales Whales are pivotal due to their large holdings. Their supply trends can be indicative of market moves. 📊Recent Whale Activity The chart indicates that Dogecoin whales have significantly increased their holdings. In the past three days alone, they have acquired 700 million DOGE, approximately worth $113 million. This buying spree happened amidst a slight dip in Bitcoin's price, suggesting these investors see the current DOGE price as an attractive entry point. Such interest from big investors is generally seen as a positive sign. 🔗Related: PEPE Drops 15%, Falls Out of Top 20 Cryptos The recent whale purchases have raised this group's total holdings to 30.91 billion DOGE, meaning whales now control 21.4% of the meme coin's circulation. 🐕DOGE vs. SHIB Whale Activity While DOGE whale purchasing is on the rise, the same cannot be said for SHIB. According to another post by Ali, centralized exchanges have received $103 million in SHIB recently, which could indicate selling pressure from Shiba Inu whales.$DOGE #Megadrop #doge⚡ #altcoins #memecoins2024 #StartInvestingInCrypto
Massive DOGE Spending: Whales Drop 700 Million DOGE Shopping 🐋💸

🐕DOGE Whales Go on a Buying Spree

On-chain data reveals that Dogecoin whales have been net buyers in the past three days.

📈 Increase in Whales' DOGE Holdings

Dogecoin whales have accumulated a significant amount recently. The analytics firm Santiment tracks Dogecoin supply through its "Supply Distribution," which monitors the total DOGE held by various wallet groups.

These groups are categorized based on their coin balances. For instance, the 1 to 10 coins category includes all addresses holding 1 to 10 DOGE. Supply Distribution measures the total supply held by investors within these categories.

💡 Bitcoin-Gold Correlation: Implications

In the context of DOGE, “whales” refers to holders with 100 million to 1 billion DOGE. At current rates, this range is equivalent to $16.1 million to $161 million.

🐋Significance of Whales

Whales are pivotal due to their large holdings. Their supply trends can be indicative of market moves.

📊Recent Whale Activity

The chart indicates that Dogecoin whales have significantly increased their holdings. In the past three days alone, they have acquired 700 million DOGE, approximately worth $113 million.

This buying spree happened amidst a slight dip in Bitcoin's price, suggesting these investors see the current DOGE price as an attractive entry point. Such interest from big investors is generally seen as a positive sign.

🔗Related: PEPE Drops 15%, Falls Out of Top 20 Cryptos

The recent whale purchases have raised this group's total holdings to 30.91 billion DOGE, meaning whales now control 21.4% of the meme coin's circulation.

🐕DOGE vs. SHIB Whale Activity

While DOGE whale purchasing is on the rise, the same cannot be said for SHIB. According to another post by Ali, centralized exchanges have received $103 million in SHIB recently, which could indicate selling pressure from Shiba Inu whales.$DOGE

#Megadrop #doge⚡ #altcoins #memecoins2024 #StartInvestingInCrypto
THOSE 3 MEMES ARE NOT LISTED ON MAJOR EXCHANGES YET 🤯🔥👇 While all eyes are on Solana's Memes, $NEAR is silently developing their own memecoins. NEKO was the first of its kind, followed then by Blackdragon and Lonk. Their market cap is constantly rising thanks to the high engagement of their community and new investors. In fact, some minor CEX already started listing them (e.g. CoinEx). Considering their current market cap and current price, in my opinion, they are still massively undervalued. In order to anticipate major exchanges, it's essential to locate them ASAP and select the right DEX. WHERE DO I BUY THEM? 1) Blackdragon Listed on CoinEx and on Ref Finance (DEX). Alternatively, head to dexscreener 2) Neko Listed Ref Finance (DEX). Alternatively, head to dexscreener 3) Lonk Listed on CoinEx, Sweat Wallet and on Ref Finance (DEX). Alternatively, head to dexscreener #MEMECoinListing #memecoins2024 #MemeCoinsSeason $SOL
THOSE 3 MEMES ARE NOT LISTED ON MAJOR EXCHANGES YET 🤯🔥👇

While all eyes are on Solana's Memes, $NEAR is silently developing their own memecoins. NEKO was the first of its kind, followed then by Blackdragon and Lonk. Their market cap is constantly rising thanks to the high engagement of their community and new investors. In fact, some minor CEX already started listing them (e.g. CoinEx). Considering their current market cap and current price, in my opinion, they are still massively undervalued. In order to anticipate major exchanges, it's essential to locate them ASAP and select the right DEX.

WHERE DO I BUY THEM?
1) Blackdragon
Listed on CoinEx and on Ref Finance (DEX). Alternatively, head to dexscreener

2) Neko
Listed Ref Finance (DEX). Alternatively, head to dexscreener

3) Lonk
Listed on CoinEx, Sweat Wallet and on Ref Finance (DEX). Alternatively, head to dexscreener

#MEMECoinListing #memecoins2024 #MemeCoinsSeason $SOL
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Baisse (björn)
IS THE MEMECOIN SEASON OVER? 🤔 Here Is The Answer 👇 Memecoins like Dogecoin, $FLOKI and $BONK are losing value as Bitcoin's dominance increases. In fact, the total market cap of memecoins has dropped by 2.65% to $55.45 billion! The reasons about this decline are several: the altcoin market structure, the decrease of trading volumes and the investor's uncertainty regarding the recent news of U.S macroeconomic data. In my opinion, this 'memecoins sell-off' is a sign that investors are losing their confidence in this sector and as a consequence, they will look for cryptos with stronger fundamentals like BTC and ETH. That's also explains why the Bitcoin's dominance keeps increasing. If the trend continues like that, we may see a prolonged period of consolidation or a decline in memecoins prices. Remember, the altcoin/memecoin season is exptected when BTC loses its dominance! STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝 #MemeCoinsSeason #memecoins2024 #Altcoins2024
IS THE MEMECOIN SEASON OVER? 🤔 Here Is The Answer 👇

Memecoins like Dogecoin, $FLOKI and $BONK are losing value as Bitcoin's dominance increases. In fact, the total market cap of memecoins has dropped by 2.65% to $55.45 billion! The reasons about this decline are several: the altcoin market structure, the decrease of trading volumes and the investor's uncertainty regarding the recent news of U.S macroeconomic data.

In my opinion, this 'memecoins sell-off' is a sign that investors are losing their confidence in this sector and as a consequence, they will look for cryptos with stronger fundamentals like BTC and ETH. That's also explains why the Bitcoin's dominance keeps increasing. If the trend continues like that, we may see a prolonged period of consolidation or a decline in memecoins prices. Remember, the altcoin/memecoin season is exptected when BTC loses its dominance!

STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪- DYOR 🙏 NFA.🤝

#MemeCoinsSeason #memecoins2024 #Altcoins2024
BINANCE AIRDROPS ARE BLEEDING!🩸However, $ORDI & $WIF Hold Strong! 🔥👇 Over 84% of recent Binance's Airdrops have experienced a decline in value. In fact, out of 30 analyzed tokens, only 5 of them have increased in price. ORDI, WIF and JTO are the top performers while PORTAL, AEVO and SAGA have performed the worst! The overall decline is partially attributed to the utility they provide. When they don't match investors' expectations, they serve as "exit liquidity" and are sold off ASAP! Watching at data, investors have preferred to hold memecoins because of their popularity and big fan base. However, in my opinion, there are several reasons why many of these new tokens have underperformed. The high initial valuations is the first because new tokens are listed with a massive fully diluted valuation while not having a substantial user base. That limits their growth! Second, the market conditions. This could drastically impact them according to the crypto market trend (correction/uptrend). At least, the lack of real-world use case (utility). New tokens often miss a straight utility (due to their early stage) and thus it becomes difficult to sustain their value over time. And You, Which Binance Airdrop Tokens Do You Still Hold? 🤔 Let Me Know In Comments! STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝 #binanceairdrop #AirdropAnnouncements #dogwifhat #memecoins2024
BINANCE AIRDROPS ARE BLEEDING!🩸However, $ORDI & $WIF Hold Strong! 🔥👇

Over 84% of recent Binance's Airdrops have experienced a decline in value. In fact, out of 30 analyzed tokens, only 5 of them have increased in price. ORDI, WIF and JTO are the top performers while PORTAL, AEVO and SAGA have performed the worst! The overall decline is partially attributed to the utility they provide. When they don't match investors' expectations, they serve as "exit liquidity" and are sold off ASAP! Watching at data, investors have preferred to hold memecoins because of their popularity and big fan base.

However, in my opinion, there are several reasons why many of these new tokens have underperformed. The high initial valuations is the first because new tokens are listed with a massive fully diluted valuation while not having a substantial user base. That limits their growth! Second, the market conditions. This could drastically impact them according to the crypto market trend (correction/uptrend). At least, the lack of real-world use case (utility). New tokens often miss a straight utility (due to their early stage) and thus it becomes difficult to sustain their value over time.

And You, Which Binance Airdrop Tokens Do You Still Hold? 🤔 Let Me Know In Comments!

STAY TUNED!🔥& Remember, Your Support Is MASSIVELY Appreciated!👍💪 Also Don't Forget To Share It To Your Buddy! 🎅 - DYOR 🙏 NFA.🤝

#binanceairdrop #AirdropAnnouncements #dogwifhat #memecoins2024
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