In a stunning overnight pump, Baby Meme Coin has erupted +1,000% overnight in a skyrocket move on DEX markets, yet, despite the pump a new Bitcoin project is stealing interest in a multi-million dollar presale.
Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including the ever-popular APX, SAMBO bot, OGGY, REFUND, XDOGE and IO.
Kèo xnxx cho anh em, con cũ raise 250b x30. Wl xin cực khó, có là bú. Không có wl thì đợi list rồi đu list hoặc đợi dip
Anh em nào muốn chơi wl và theo dõi các kèo join nhóm https://t.co/kuu31npE6t https://t.co/6EJzesI3jmBABY MEME COIN ($BABY MEME) INSPIRED BY MEME COIN… pic.twitter.com/gjyjjGUh4r
— Trương Minh Phương (@MinhPhuong1706) November 5, 2023
Baby Meme Coin’s sudden success appears to have been driven by significant interest in the Vietnamese crypto community; a market second only to Thailand with more than 17% of the country’s population engaging with digital assets.
The idea behind the ‘baby’ coin is to open up access to meme coins for retail investors in a country with an hourly wage as low as $0.67 USD per hour, this further explains the token’s launch on BSC – offering extremely low transaction fees.
BabyMeme Price Analysis: Can Baby Meme Coin Fly Sky High After +1,000% Vietnamese Crypto Pump?
As price battles localised retracement movements following the overnight surge, BABYMEME is currently trading at a market price of $0.0000000000007718 (representing a 24-hour change of +697%).
Powered by nothing but meme potential, BabyMeme saw an impressive launch at 12:00 on November 6, with immediate traction securing the meme coin 7 consecutive green hourly candles.
This fuelled a dramatic +500% pump up to a key resistance level at $0.0000000000007775, this tough psychological resistance level saw price slump into consolidation as Vietnamese markets switched-off for the night.
However, despite minor localised retracement down to lower support at $0.000000000000555 throughout the night, as markets awoke, a second rally leg fired up, driving price up to crack the past day’s resistance at $0.0000000000007775.
This triggered a price surge to a new all-time high at $0.0000000000009030 around 7AM this morning (November 7).
With traders now once again taking profit, BabyMeme has entered localised retracement once more, with price battling to hold higher support above past-resistance at $0.0000000000007775.
A continuation of this skyrocket rally seems likely here, with steadfast banks of 1.49k holders and $273k in semi-locked liquidity bolstering DEX market confidence.
Buy pressure remains strong, representing 70% of BabyMeme transactions over the past 6-hours – suggesting continued interest from new money.
And with a lowly market cap of just $1.61m, prospects here look promising, with similar projects often pushing up to $5m market caps, BabyMeme could see as much as a 4X return from current positioning.
Yet, while Vietnamese markets are rushing into the affordable skyrocket, smart money investors are gravitating to a new Bitcoin mining presale that offers retail investors the chance to claim a slice of Bitcoin mining rewards ahead of the 2024 Bitcoin halving event.
Baby Meme Coin Alternative? Bitcoin Minetrix Presale Explodes Past $3.6M Raised
Dive into the innovative world of Bitcoin Minetrix and its pioneering stake-to-mine system – as the skyrocketing presale smashes +$3,611,982 raised.
Offering an enticing 1224% Staking APY, Bitcoin Minetrix provides a platform where users can buy, stake, and then watch as the rewards start accumulating.
The true essence of passive income in the crypto world has never been this accessible.
With the Bitcoin Minetrix approach, gone are the days of heavy initial capital and navigating complex mining contracts.
Bitcoin Minetrix Smashes $3M Raised as Traders Rally Against Bitcoin Mining Centralization
No longer the mainstay of basement ASICs, Bitcoin mining is now a multi-billion dollar industry, but with the success of Bitcoin mining centers comes the challenge of increased centralization.
Indeed, with just two mining pools (Foundry USA and Antpool) representing 57.5% of the Bitcoin network hashrate, mining centralization is desperately in need of modern solutions to ensure long-term network security.
This is where the magic of Bitcoin Minetrix comes into play, with Bitcoin cloud mining offering the opportunity for everyday investors to claim their slice of the pie – while bolstering Bitcoin’s network security.
All interested parties have to do is buy $BTCMTX tokens in presale and stake them to earn cloud mining credits, with Bitcoin Minetrix’s automated system handling the heavy work.
In effect, this means no more expensive barriers to entry, such as costly hardware requirements or complicated technical understandings – simply buy, stake, and earn to unlock the benefits of Bitcoin mining rewards.
Key Highlights of the BTCMTX Advantage:
- Distinctive Edge in the Market: In an industry filled with numerous cloud mining platforms, Bitcoin Minetrix carves a niche for itself. As the first-ever tokenized Bitcoin cloud mining initiative, it offers an automated system that’s geared for cloud-based Bitcoin mining, setting a new standard for the industry.
- Safety First with Ethereum Blockchain: Bitcoin Minetrix operates on the tried and trusted Ethereum blockchain. This ensures top-notch security and reliability, allowing users to sidestep the risks associated with external mining pools, and offering a safeguard against potential fraudulent cloud mining services.
- Championing True Decentralization: At its core, Bitcoin Minetrix upholds the ethos of decentralization. In an age where centralization often introduces vulnerabilities, Bitcoin Minetrix breaks the mold, redistributing mining profits from big corporations to individual retail investors through its novel Stake-to-Mine system.
- Tapping into the Bitcoin Halving Opportunity: Perfectly poised to make the most of the upcoming Bitcoin halving, Bitcoin Minetrix provides investors with a golden opportunity. The impending halving might seem daunting for miners due to reduced block rewards, but historically, such events have driven up Bitcoin’s value. Bitcoin Minetrix provides a platform for investors to tap into this potential surge, sans the associated capital risks.
- The BTCMTX Presale Opportunity: The ongoing BTCMTX presale has already garnered significant interest, with over $3,611,982 raised towards its $3.38M goal. At a competitive price of just $0.0114 per token, early investors have a unique chance to be at the forefront of this stake-to-mine evolution.
In sum, Bitcoin Minetrix is set to redefine the Bitcoin landscape. With its innovative methodologies, stringent security measures, and the vast potential of its stake-to-mine mechanism, it beckons as a lucrative opportunity for early-bird investors.
Secure your position in this transformative journey by joining the BTCMTX presale today.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
The post As Baby Meme Coin Goes Up 1,000% Overnight, This New Bitcoin Project Just Raised $3.5 Million appeared first on Cryptonews.
#IndustryTalk #DEX #DEXtoken #DEXtools #DEXTools #stealthlaunch [Source: CryptoNews]