Does it make sense to wait for Dogecoin to make a move? Experts suggest capitalizing on the guaranteed 1300% return from MoonTaurus
The post Does it make sense to wait for Dogecoin to make a move? Experts suggest capitalizing on the guaranteed 1300% return from MoonTaurus appeared on BitcoinEthereumNews.com.
The eighth-largest cryptocurrency by market value, Dogecoin, has been facing serious difficulties in the past few weeks. A death cross has now appeared on its daily charts, suggesting that there may be negative momentum when the 50-day moving average dips below the 200-day moving average. This negative indicator sparks concerns over Dogecoin’s near future. It has also led many investors to look into other options, like MoonTaurus (MNTR), a new meme coin that promises a guaranteed 1300% return during its presale. Dogecoin: Mixed Signals Amid Market Uncertainty Uncertainty is plaguing Dogecoin, the eighth-largest cryptocurrency by market capitalization. On its daily charts, recent technical analysis shows a death cross, which often denotes negative momentum. This indicates possible price decreases when a short-term moving average dips below a long-term moving average. Dogecoin’s price has just increased by 3.03% to $0.132; however, the conflicting indications on its charts point to caution. The opposing trends—bearish on the one hand and bullish on the other—highlight how erratic Dogecoin’s success has been. MoonTaurus (MNTR): A Clear Investment Opportunity MoonTaurus (MNTR) is a recently launched meme coin that offers a guaranteed 1300% return by the end of its presale. This comes as the token gradually soars from $0.005 to $0.07 by the end of this period. The presale is progressing through multiple stages, each with limited token availability and increasing prices. The first phase of the presale has seen record demand, raising over $100,000 within hours of its launch. Investors who join now can benefit from the current presale price, with the next phase set to double the cost to $0.01. MoonTaurus features a finite supply of 3 billion tokens, with different allocations dedicated to various aspects of the project. 40% of the total supply is reserved for presale investors, while 30% is earmarked for marketing efforts…
Filed under: News - @ July 31, 2024 6:44 am