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    Home - News - Are Memecoins Poised for a Massive Comeback? Key Reasons Why Whales Are Buying Memecoins Right Now
    News

    Are Memecoins Poised for a Massive Comeback? Key Reasons Why Whales Are Buying Memecoins Right Now

    Praveen JadhavBy Praveen JadhavJune 17, 2024Updated:June 17, 20244 Mins Read
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    Are Memecoins Poised for a Massive Comeback Key Reasons Why Whales Are Buying Memecoins Right Now
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    Whales are making big moves in the crypto space. A surprising trend has caught their attention, sparking intrigue and excitement among traders. These key drivers behind the surge are shaking up the market landscape. Discover why these digital assets are drawing significant interest, hinting at a potential market shift.

    CYBRO Presale: A One-in-a-Million Next GEN DeFi Investment Opportunity

    CYBRO is capturing the attention of crypto whales with its exclusive token presale. This next-generation DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition.

    Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.025 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest.

    CYBRO Presale A One-in-a-Million NeoBank Investment Opportunity

    Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

    With only 21% of the total tokens available for this presale and approximately 25 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.

    >>> Enhance Your Crypto Portfolio with CYBRO! Join NOW and aim for future returns up to 1200%! <<<

    Dogecoin (DOGE) Price Overview and Prediction

    DOGE is currently trading between $0.13 and $0.15. The coin price is in a corrective move, showing a decline of 9.05% in one week and 13.96% in one month. However, it has risen 47.73% over the last six months. The nearest support lies at $0.12, with resistance at $0.16. Momentum indicators like RSI at 39.46 and Stochastic at 19.72 suggest it’s in oversold territory, hinting at a possible rebound soon.

    Shiba Inu (SHIB) Price Overview: Impulsive or Corrective?

    Shiba Inu (SHIB) is currently trading between $0.0000192 and $0.0000232. There has been a 14.35% drop in the last week and a 19.58% drop in the last month. Over the past six months, the coin has gained 98.81%. SHIB is in a corrective move, with the RSI at 29.922 and the MACD level at -0.000000161, indicating a bearish trend. The nearest resistance and support levels are at $0.0000254 and $0.0000174, respectively.

    Dogwifhat (WIF) Crypto Price Overview: Predicting Future Moves

    Dogwifhat (WIF) is in a corrective phase with a current price range of $2.24 to $2.95. Over the past week, its price dropped by 12.56%, and over the past month, it fell by 13.05%. Despite this recent downturn, the coin has surged by 87.70% in the last six months. Its RSI is at 37.67 and the Stochastic is 7.68, indicating it’s oversold. The nearest support is at $1.87, while resistance is at $3.29.

    Bonk (BONK) Price Overview: Impulsive Moves or Correction Ahead?

    Bonk (BONK) is currently trading in the range of $0.00002188 to $0.00002973. Over the past week, the price has dropped by 16.87%. Over the last month, there was a slight decrease of 2.59%. However, over six months, BONK saw a positive change of 25.36%. With an RSI of 31.80 and a stochastic value of 9.18, BONK is in a potential oversold region, suggesting a possible upcoming impulsive move.

    Conclusion

    Big whales are buying DOGE, SHIB, WIF, and BONK now. But these coins have less potential in the short term. The main focus is on CYBRO. CYBRO, a new earn marketplace using the Blast blockchain technology, shows promise. Its first release is set for Q2 2024. Early investors have the chance to join the CYBRO token presale. This offers a favorable entry into the project.

    Site: https://cybro.io

    Twitter: https://twitter.com/Cybro_io

    Discord: https://discord.gg/xFMGDQPhrB

    Telegram: https://t.me/cybro_io

    Also Read: Altcoins That Could Transform a $1K Investment into a Million in 2024

    Disclaimer and Risk Warning

    This article is a sponsored press release meant solely for informational purposes. OvenAdd neither endorses nor takes responsibility for the content, quality, products, advertising, or accuracy of any materials within this article. The views expressed do not represent those of OvenAdd and should not be considered legal, tax, investment, or financial advice. Readers are advised to conduct their own research before making any significant decisions.

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    Praveen Jadhav
    • Website
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    Praveen got into the world of cryptocurrency in 2017 by trading and investing. With a wealth of experience managing various crypto-related projects, Praveen is deeply passionate about all aspects of cryptocurrency, blockchain, Metaverse, and NFTs.

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