Unlisted Crypto Preparing for Exchange Listings: Is It Worth Investing Now?
MAGA Hat, NEIRO, and SPX6900 are currently making waves in the crypto market, but there’s a new meme coin and unlisted crypto that’s about to steal the spotlight.
Meme coins have become incredibly profitable in the crypto space, with investors constantly shifting their capital from one coin to another in search of the next big thing.
SPX6900 is one of the prominent meme coins in the market right now, with a market price of $0.874 and a 24-hour change of +0.8%. It has reached a staggering $804 million market cap, thanks to its strong technical structure and the S&P500’s all-time high.
However, concerns remain about the large whale positions in the market, as pointed out by crypto analyst ZachXBT.
With the US election just 21 days away, meme coin traders are closely following the MAGA Hat token. It is currently trading at a market price of $0.0001626 with a 24-hour change of +5.54%. MAGA Hat is forming a bullish pennant pattern ahead of the presidential race, but the 20DMA resistance is causing some temporary setbacks.
NEIRO is another meme coin gaining attention, with a market cap of $855 million. It is currently trading at a market price of $0.00204, showing a 24-hour change of +0.94%. NEIRO’s sustained upward price movement has defied market expectations, and it is now less than $200 million away from becoming the first NEIRO to hit $1 billion.
One exciting opportunity in the meme coin space this week is Pepe Unchained. It aims to address the common issue of high gas fees for meme coin traders by launching a dedicated meme coin layer-2. This will enable faster and more affordable transactions, creating a highly scalable environment for meme coin developers.
The Pepe Unchained project has already gained significant traction, raising $19.5 million in funding through its $PEPU presale. With an experienced development team and exciting ecosystem development tools in the works, Pepe Unchained is poised to be one of the hottest launches of 2024.
Investing in crypto is a high-risk endeavor, and this article is for informational purposes only. It does not constitute investment advice, and there is a possibility of losing all invested capital.