MAGA Coin Dominates Trend Charts, Attention Shifts to Next Unlisted Coin for Potential Profits
Sam Cooling
Last updated:
June 10, 2024 12:57 EDT
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3 min read
As the US Election approaches, the Ethereum meme coin market is abuzz with excitement.
PolitiFi tokens have taken the spotlight in the second quarter, with MAGA coin emerging as the frontrunner.
This article will delve into the current price trends of MAGA and explore whether the innovative meme coin, Playdoge, presents a lucrative investment opportunity.
MAGA token, also known as MAGA Hat token, has gained popularity among Donald Trump supporters worldwide. Its steady position in PolitiFi is highly anticipated after a significant increase in market cap above $90M.
MAGA Price Analysis: MAGA Coin Gains Traction Among Trump Supporters – Is This PolitiFi Token Poised for a Surge?
With MAGA coin on the rise, the current price stands at $0.00023 (a 24-hour change of -13.34%). Despite a slight dip, MAGA holders are optimistic as the recent bounce following consolidation has pushed the price above a major downtrend, signaling a potential surge.
Having established strong support between $0.00015 and $0.0002, MAGA bulls are now aiming for a breakthrough above $0.00033.
While some traders are capitalizing on the breakout, the influence of The Donald on this meme coin could lead to significant growth, especially if there are more pro-crypto remarks from the Presidential candidate.
Although bulls seem to have lost control in recent hours, with taker buys at 48% of transactions, MAGA’s $95m market cap indicates its enduring presence in the market.
However, to achieve a 3x gain from the current position, substantial capital inflow is necessary, prompting retail investors to seek smaller tokens with higher growth potential.
A Hidden Gem: Playdoge
One such token gaining attention is Playdoge (PLAY), currently in the presale stage, offering early investors a chance to participate in its growth.
Investing early in projects like Playdoge, priced at $0.00506, could lead to significant gains with a minimal market cap increase.
Compared to MAGA coin, Playdoge has the potential to deliver substantial returns, with early investors possibly seeing a 30x gain, making it a lucrative opportunity in the 2024 crypto market.
With Playdoge planning to launch a play-2-earn game, DEX launch, and CEX listings, early investors could witness remarkable growth in their portfolios.
For readers interested in exploring this hidden gem, don’t miss out on the opportunity to invest in PLAY.
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Disclaimer: Cryptocurrency is a high-risk asset class. This article is for informational purposes only and does not constitute investment advice. Investors should be aware of the risks involved and the possibility of losing all capital.