November 21, 2024
Cryptocurrency News

Missed Dogecoin & Pepe Price Jumps? This New Token Could Be the Next to Deliver an 8000% Surge

Cryptocurrency enthusiasts who missed out on Dogecoin and Pepe’s impressive price growth may have another opportunity. A new token, Minotaurus (MTAUR), is gaining traction in its presale phase and showing strong potential in the gaming ecosystem.

Dogecoin Rebounds from $0.40 as Selling Pressure Declines

Dogecoins’ price rallied back to 0.40 USDT this week after a 15% decline from its three-year high of 0.44 USDT. This was attributed to value realization by the holders after DOGE had surged by 185% in November.

The Age Consumed metric which represents long term holder has reduced its selling pressure from a peak of 1 trillion DOGE to 49 billion DOGE with a 95% decline.

Source: IntoTheBlock

The reduction in the number of transactions by long-term holders may increase the demand for Dogecoin and help the coin to regain an upward trend. Whale activity has also risen, with significant purchases of millions of dollars showing that the community believes in the token. Crypto analyst Ali Martinez hinted DOGE may increase in value in the future, using past charts and the Fibonacci tool. He has estimated that the price could rise to as high as 23.36 USDT.

Pepe Gains Holders Confidence After Recent Dip

Pepe Coin also gained the spotlight when a crypto whale made a huge transaction on November 20. The buyer bought 105.33 billion PEPE tokens for 2 million USDT in a single transaction in what was the buyers first transaction in the token. The transaction comes as further evidence of increased optimism in Pepe, with the meme token’s price retreating from the record high of 0.00002524 USDT.

https://twitter.com/lookonchain/status/1859426751740625297

Other whales have been stacking up massive amounts of Pepe tokens. For instance, three crypto enthusiast recently bought 835.6 billion PEPE, equal to 7.94 million USDT from exchanges such as Binance and Gate.io.

Given the recent developments, Pepe may overtake Shiba Inu in the list of the most popular meme coins as transaction volumes and whale interest grow.

Minotaurus Token Presale Attracts Attention in the Crypto Space

Minotaurus (MTAUR) is a new cryptocurrency that is designed primarily for use in the gaming industry and has recently attracted many buyers. The token will be used in a gaming system that is based on the blockchain technology and will include features such as avatars and in-game improvements. The token has already managed to gather over 247,000 USDT during its ongoing presale, with the initial buyers being able to reap benefits as the value of the token increases.

Minotaurus is priced at 0.00006 USDT which is 70% cheaper than the 0.00020 USDT that was expected during listing. Those who deposited at 0.000040 USDT have already seen their deposits double. The presale also comes with referral incentives and bonuses to motivate early and continued engagement and to draw in gamers interested in innovative blockchain applications. A successful audit by SolidProof and Coinsult brings more credibility to the project.

With the casual gaming market expanding, Minotaurus has positioned itself to leverage this trend. The token’s community has also responded positively, contributing to the presale’s rapid growth.

Minotaurus’ strong presale performance suggests rising community interest, especially among those who missed previous meme coin surges. With a 100,000 USDT giveaway and ongoing community engagement initiatives, the project is attracting new participants daily. All in all, the project’s potential looks solid, considering its unique utility and presale momentum.

Website: http://minotaurus.io/ Announcements: https://t.me/minotaurus_official Chat: https://t.me/minotaurus_chat Twitter: https://twitter.com/minotaurus_io

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.