SPONSORED POST*
Memecoins, a new kind of cryptocurrency that draws inspiration from well-known memes, have completely taken over the cryptocurrency industry with their unique branding and marketing techniques. Finding out what makes a meme currency popular and figuring out which ones have the potential to record the next big boom, however, is difficult. The market for meme coins has already seen several intriguing events as the year’s halfway point approaches. The time is essential because Q3 is approaching quickly. Even though the conclusion of Q2, which is June 30th, is still more than a month away, it is advisable to start making the essential investments right immediately.
MOOKY presale is gaining huge traction with over 600k sold in presale!
500 trillion MOOK tokens are in existence overall: Mooky
Cryptocurrencies that employ the proof-of-work (PoW) method are typically viewed as being bad for the environment. To its proof-of-stake (PoS) based Beacon Chain, Ethereum, the second-largest virtual currency by market capitalization, transitioned. It claimed to have cut the operations’ carbon emissions by more than 99%.
MOOKY should be seen as carbon positive because blockchain is the technology that powers an NFT. But the enterprise as a whole is geared toward preserving the environment, and they are assisting the climate. No other cryptocurrency initiative is wholly dedicated to protecting and preserving the planet. A Decentralized Autonomous Organization (DAO) is also used to run the whole MOOKY project.
FLOKI Price Suggests a 12% Increase This Week, But That’s Just the Start
As fresh higher highs and higher lows began to emerge v of a trend reversal. A fresh ascending trendline that supports the bullish recovery may be seen if we link the lows of the current price surge. Here’s how trading may leverage support to extend a strong bull run.
The price of Floki recovered from the aforementioned support trendline on May 11 thanks to a morning star candle. Strong support for this reversal candle pattern may strengthen market purchasing pressure and make higher meme coin prices more possible.
With persistent purchasing, the FLOKI price might rise 12% and surpass the nearby resistance of $0.00004. This probable breakout might provide purchasers with a strong launchpad to increase the market value of this meme coin by 58% and reach the supply zone of $0.0000571.
Milady: An Ironic Phrase My Lady
The word “Milady” is an ironic play on the phrase “my lady,” which originally politely meant a noblewoman but has now come to mean “nice guys” and exaggerated chivalry in internet forums. Four years ago, the Milady NFT got a tweet where Elon Musk mentioned the name and added, his shield is theirs.
Ordinals now have a new route to market to the general public without needing to be tech-savvy thanks to Binance adding Bitcoin NFTs to its marketplace. The NFT market on the OG blockchain was expanding, and BRC-20s, a new Ordinal version, was gaining popularity.
Ribit: An Ongoing Development Cycle
New tools are continually being created by the Ribit Teams to benefit users and generate income for the protocol and benefit holders of $RIBT. They are essentially a bunch of programmers that like creating tools for amusement and have chosen to make these projects available to the general public to provide value to the web3 environment, whether it be for specific users or whole protocols. The world-class development team of their token, $RIBT, has thoroughly tested and improved this essential element of the ecosystem. The token is linked to their protocol-driven apps and serves as a standard unit of exchange for both projects under main development and those fostered by Anura. Staking $RIBT in the protocol will result in progressively higher payouts.
After massive pumps were sponsored, $SPONGE Token captured the market’s attention
Another cutting-edge meme coin that has been drawing interest from the crypto community is Sponsored Sponge ($SPONGE). Similar to how AiDoge mixes AI with memes, Sponge is using its well-known namesake to make an impression in the cryptocurrency market. The strong community support that the currency is now enjoying is demonstrated by the fact that the official Sponge Twitter account has just surpassed 40,000 followers. According to CoinMarketCap, this support from the community has helped $SPONGE reach a market valuation of over $13.4 million, and it appears that the project is only getting started.
*This article was paid for Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2023/05/21/mooky-best-altcoins-season/