BOOK OF MEME (BOME) and Coq Inu (COQ) Dip; Is Milei Moneda the Next Hot Meme Coin?

TLDR

  • Book of Meme (BOME) has been unable to retain its momentum.
  • Coq Inu (COQ) consolidates with high levels of market volatility. 
  • Milei Moneda ($MEDA) is the next big crypto sensation.

While Book of Meme (BOME) and Coq Inu (COQ) suffer price declines, Milei Moneda ($MEDA) emerges to highlight the ongoing evolution within the meme coin space. So, could Milei Moneda ($MEDA) be the next hot meme coin? Read on to find out!

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BOME’s Descent to the Bottom 

The Solana network experienced an unprecedented surge this year, with many Solana meme coins pumping to incredible prices. Book Of Meme (BOME) was no exception. After a successful launch and presale, Book Of Meme (BOME) swiftly secured listings on major cryptocurrency exchanges, including Binance. 

However, the euphoria was short-lived as within the two days post-listing, Book Of Meme (BOME) experienced a dramatic reversal, shedding most of its gains and plummeting by a staggering 204%. This sharp decline was primarily triggered by Binance’s announcement of its internal investigation in response to mounting concerns and community discussions surrounding potential insider trading associated with Book of Meme (BOME). 

Moreover, market experts foresee a bearish near future for Book Of Meme (BOME), considering its inability to retain its gains over the last two weeks. They predict a further 30% decline in the coming weeks.

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Coq Inu Succumbs to High Levels of Volatility

Coq Inu (COQ) hit its ATH this month with a cumulative 259% price increase this year. This bullish momentum not only marked a robust recovery from previous downturns but also captured market attention. However, Coq Inu (COQ) has seemingly failed to retain this attention as it’s currently consolidating 80% below the peak in just two weeks. 

Crypto analysts forecast that Coq Inu’s (COQ) price has the potential to break towards the downside in the coming weeks. This prognosis stems from its decreasing trading volume and crypto market cap, which have fallen 34% and 13%, respectively, over the past week. 

Furthermore, Coq Inu’s (COQ) volatility level on Coincodex is extremely high at 26.28%. When we pair it with the evident downtrend observed in its intraday charts, Coq Inu (COQ) may be set for a significant price decline soon.

The Next Breakout Meme Coin: Milei Moneda 

Milei Moneda ($MEDA) has exhibited all the hallmarks of a breakout cryptocurrency, especially with its highly successful presale, which has witnessed a massive influx of market attention. Still priced at an affordable $0.010 in Stage 1 of the presale, Milei Moneda ($MEDA) positions itself as one of the best coins to invest in this year for investors who want to capitalize on its low risk and subsequently maximize their rewards.

Currently one of the best erc20 coins in 2024, Milei Moneda ($MEDA) promises a 100% ROI or more to its early investors once it launches on Uniswap in May & the price surges to $0.020 per token. But that’s not all. Milei Moneda ($MEDA) boasts a highly secure infrastructure committed to the security of investors’ funds, with crypto enthusiasts touting it as “the next hot meme coin.” 

Being at the center of absolute decentralization, investors also get to enjoy absolute control of their funds, autonomy, community voting rights, and other enticing incentives ranging from access to exclusive NFTs, zero transaction taxes, passive income from platform fees, high staking rewards, and access to a community that’s set to take the world by storm in the coming weeks.

Got $MEDA curiosity? Visit us or chat on Telegram for the inside scoop. Fast, fun, and informative!

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Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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