Top Meme Coin Investors Who Made Millions with Shiba Inu and Dogecoin in 2021 Make a Comeback—But They’re Avoiding SHIB and DOGE, Why?
The post Top Meme Coin Investors Who Made Millions with Shiba Inu and Dogecoin in 2021 Make a Comeback—But They’re Avoiding SHIB and DOGE, Why? appeared on BitcoinEthereumNews.com.
The meteoric rise of Dogecoin (DOGE) and Shiba Inu (SHIB) in 2021 set the stage for an era of meme coin hype, capturing headlines and attracting millions of dollars. DOGE surged from less than a cent to nearly $0.75, fueled by social media hype and endorsements from notable figures like Elon Musk. Similarly, SHIB, launched in August 2020, soared to an all-time high of $0.00008845 by October 2021, turning modest investments into windfalls. However, both DOGE and SHIB have since faced significant declines. DOGE recently dipped from $0.115 to $0.105, marking a 21% drop over the past month. Analysts foresee further struggles, projecting continued weakness for the token through the rest of 2024. SHIB has followed a similar trajectory, falling from $0.000016 to $0.000014 and suffering a 13% decrease in the last 30 days. Forecasts suggest that SHIB’s price may continue to falter until late 2024. Given this backdrop, it is notable that some investors, who previously capitalized on the success of these meme coins, are now shifting their focus. The renewed interest in the meme coin market has sparked attention towards MoonTaurus (MNTR), a new entrant in the meme coin space. MoonTaurus (MNTR) MoonTaurus (MNTR) has made headlines with its presale progress, offering a promising new opportunity for investors. Entering its second presale stage, MNTR’s price has jumped to $0.01, reflecting a 100% increase from the initial presale stage. This jump follows a successful phase one that raised $300,000 and garnered over 1,000 holders. The financial details of MoonTaurus are compelling. The presale structure is designed to reward early participants, with the price set to increase through subsequent phases, culminating at $0.07 at launch. This pricing model presents a potential 700% return for those investing now. The total raised so far exceeds $300,000, indicating strong investor confidence. Why Are…
Filed under: News - @ August 31, 2024 10:01 pm