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The MAGA Hat worth soared 23% within the final 24 hours to commerce at $0.0001015 as of three.40 a.m. EST on buying and selling quantity that skyrocketed 37% to $12.99 million.
The token’s worth surged within the final 24 hours, seemingly for 2 causes — the primary one being that Bitcoin managed to briefly hit $100k earlier than correcting once more to $98.67k as of the time of writing, so the altcoin market was fast to observe. The second purpose is that there’s just a few days left earlier than Trump’s Inauguration.
With $MAGA Coin pumping in anticipation of Trump’s presidential inauguration and his four-year MAGA time period, which Tier 1 CEX would be the subsequent to listing us?@coinbase @binance @cryptocom @okx @Gemini @Bybit_Official @krakenpro @bitgetglobal pic.twitter.com/avwjqUE4VB
— MAGA Coin (@MAGACoinX) January 6, 2025
Many have identified that the challenge, half meme coin, half a PolitiFi crypto, is pumping in anticipation of the occasion that may carry Trump again into the Oval Workplace, additionally predicting that MAGA would possibly quickly see an inventory on quite a few centralized exchanges.
Elon = $DOGE = $55B Market Cap
Trump = $MAGA = $37M Market CapOn Jan twentieth, @realDonaldTrump will change into the forty seventh President of the US. 🇺🇸
4 Years of MAGA! 🔥 pic.twitter.com/Xce626ObNb
— MAGA Coin (@MAGACoinX) January 15, 2025
Thus far, the challenge has additionally grown to be the #1 token on DEXTools, trending on account of all the eye it acquired within the final a number of days.
$MAGA is the #1 Ethereum token on DEXTools! 🔥 pic.twitter.com/BB0D3VCUco
— MAGA Coin (@MAGACoinX) January 16, 2025
MAGA Hat Worth Prediction
MAGA began surging quickly practically 24 hours in the past when its worth was nonetheless at $0.00008113. The challenge did encounter a robust barrier at $0.000095, which took some time to breach, however the newest push lastly introduced it above $0.0001.
As quickly as its worth began going up, the challenge’s Bollinger Bands began widening, as the value pushed the higher band additional and additional up. As soon as it reached a resistance at $0.000095, the value noticed a slight rejection, which induced it to drop to the decrease band and begin fluctuating between it and the center line between the 2 bands.
Nevertheless, as the value surged previous this resistance, the bands noticed one other huge widening, suggesting that merchants have as soon as once more gone bullish in regard to the challenge.
The challenge’s Relative Energy Index (RSI) metric, nevertheless, means that MAGA would possibly quickly attain its restrict, if it hasn’t already. Through the preliminary worth surge, the challenge’s RSI worth skyrocketed from being close to the oversold zone to the depths of the overbought space, reaching the worth of 80.
This triggered a wave of profit-taking, which induced the preliminary correction. The RSI itself dropped to the worth of 40 earlier than the merchants began shopping for the dip and pushing the value again up. After some battle on account of uncertainty, as some have been shopping for and a few have been promoting, its worth climbed again up into the overbought zone, this time to round 76.86.
Because the Inauguration nears, MAGA will seemingly proceed to pump in anticipation.
Promising Different To MAGA Hat
Nevertheless, if you happen to imagine that MAGA is close to its restrict, then this is likely to be time to think about another funding, corresponding to Flockerz (FLOCK).
Flockerz attracted the eye of traders all through the crypto business due to its community-focused method. The challenge introduces a singular new mannequin referred to as Vote-To-Earn, which is supposed to incentivize its token holders to maintain coming again and collaborating in neighborhood governance.
Every time token holders assist Flockerz attain a choice by voting on one of many governance proposals, they are going to obtain a small quantity of FLOCK as fee as a reward. That manner, they’ve a purpose to actively take part, whereas Flockerz will get to keep up excessive ranges of decentralization. Whereas it’s a pretty easy resolution, it’s fairly efficient, and it’ll assist the challenge keep away from the destiny of many others who’ve seen their communities lose curiosity after some time.
This typically finally ends up leaving solely a small handful of individuals making all the choices, which tends to extend tasks’ diploma of centralization. Flockerz’s technique has intrigued many, and because of this, its ICO raised over $10.2 million since its launch. Now, there’s lower than per week earlier than it ends, and presently solely round 6 days stay earlier than the challenge begins seeing its first listings.
8 Digits of FLOCK! 🐦🔥
10 million raised and The Flock will not cease! 📈 pic.twitter.com/zuvUrC778d
— Flockerz (@FlockerzToken) January 14, 2025
So, anybody who needs to purchase FLOCK whereas it’s nonetheless promoting at ICO costs has little or no time left to take action. Crypto YouTuber ClayBro, who has over 135k subscribers, lately identified that FLOCK will see its itemizing solely a day or two after Trump’s inauguration, which might set off a significant crypto bull run. So, shopping for it earlier than that occurs might end in important good points.
Understand that there is no such thing as a assure that issues will play out this fashion, however there’s a robust chance of it. Subsequently, ensure that to do your personal analysis, and if you happen to provide you with the identical conclusion, take into account getting some FLOCK earlier than it’s too late.
Purchase FLOCK right here earlier than its presale ends in lower than 6 days.
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