The crypto market is booming again, the bullish sentiment of the “Uptober” has passed onto November.
As usual, meme tokens without utility are surging in price only in when the whole market is bullish. Shiba Inu is the best pointer to this as it saw an 13% uptrend in the last 30 days.
Widely known as the “Dogecoin killer” by its fans, SHIB was minted in the August of 2020 with 1 quadrillion tokens. Since then, it has grown to the second-largest meme coin.
The recent SHIB bulls have sparked interest among investors, and some of them are speculating that a new major rally could come soon.
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Let’s inspect why SHIBarmy believes that the huge rally may be close…
New Rally is Possible for SHIB, But Not Before THESE New Tokens
Shiba Inu has shown a recent uptick in the market, recording a 5% gain over the past week. It briefly reached $0.0000083 before settling back to $0.0000081.
Notably, trading volume has surged, marking a 39% increase in the last 24 hours. While these developments may appear promising, it's essential to note that most unbiased experts remain cautious
Shiba Inu's performance has been inconsistent over the past few months, despite its launch of Shibarium and the bullish sentiment within the market.
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It has struggled to match the success of peers like Pepe or even Dogecoin. Additionally, emerging competitors, such as BTCETF, BTCMTX, MK, and TGC, have been diverting investor attention with their highly successful presales.
Consequently, Shiba Inu's prospects for a significant rally amidst these new rivals, which offer concrete utility, remain uncertain.
Bitcoin ETF (BTCETF) – Innovative Burning Mechanism Will Secure Liquidity
Bitcoin ETF Token ($BTCETF) offers a unique opportunity for crypto enthusiasts. The presale, with over 3 million tokens staked, features a substantial annual percentage yield (APY) of 10,000%+.
The burn mechanism is tied to real-world events, including trading volume, spot Bitcoin ETF approval, and launch dates. As milestones like approval and AUM levels are reached, the transaction tax reduces incrementally.
With a total supply of 2.1 billion tokens, Bitcoin ETF Token positions itself as an excellent choice to tap into the hot spot Bitcoin ETF theme.
The presale stages offer the chance to secure tokens at the lowest prices, so head on to their website and get your piece of the pie while you can!
Bitcoin Minetrix (BTCMTX) – New Price Increase In 4 Days
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Bitcoin Minetrix (BTCMTX) introduces a groundbreaking approach to Bitcoin mining. Using the Ethereum-based platform, anyone can participate by staking the native BTCMTX token.
This unique system allows users to acquire cloud mining credits, eliminating the need for costly equipment or technical expertise. It's a game-changer, democratizing crypto mining for everyone, regardless of their experience or resources.
Furthermore, BTCMTX promotes long-term holding through generous staking rewards of up to 216% annually.
The ongoing presale, now in Stage 6, has witnessed substantial interest, with over 195 million BTCMTX tokens already staked.
This growing enthusiasm among investors emphasizes the potential of the project. Don't miss your chance to get involved in Bitcoin Minetrix ; you can acquire BTCMTX tokens at a cost of $0.0115 during this presale stage.
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Meme Kombat ($MK) – New Token Raised Over $1M in a Month
Meme Kombat is making waves in the crypto world with a unique approach. Unlike typical low-utility meme tokens, Meme Kombat integrates popular crypto concepts, including Play2Earn, staking, GambleFi, and artificial intelligence.
This strategy has proven successful, raising over $1.2 million in its presale within a month.
Meme Kombat introduces a Play2Earn platform featuring 11 meme coin characters like Pepe, Doge, Shiba, and Sponge.
These characters engage in unpredictable battles powered by AI, allowing players to wager on the outcomes. With a stake-to-earn system offering an APY of 112%, it's gaining recognition from experienced traders.
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Meme Kombat's transparent team disclosure reduces risks associated with anonymous projects, fostering user trust.
This innovative project is poised to disrupt the meme coin space and offers exciting opportunities for crypto enthusiasts.
TG.Casino ($TGC) – 25% Cashback on All Losses
TG.Casino ($TGC) is making history as one of the very first Telegram casinos, accessible to players right within the Telegram app. This partnership leverages Telegram's renowned security and privacy features, ensuring a safe gaming experience.
What sets TG.Casino apart is its player-centric approach. They value and reward loyal players by utilizing their in-house profits to buy $TGC tokens daily.
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40% of the tokens will be burnt, enhancing the value of existing $TGC holdings. The remaining 60% contributes to ecosystem sustainability and provides rewards to dedicated casino players.
This innovative casino on Telegram offers a unique blend of security, player rewards, and the convenience of in-app gaming. Don't miss your chance to be part of this groundbreaking project.
Wall Street Memes ($WSM) – New Price Surges in Line
Wall Street Memes has undoubtedly been one of the hottest presales of 2023, capturing the attention of crypto enthusiasts.
It comes as no surprise considering the project's roots trace back to the Wall St. Bets Reddit community, boasting a massive following of over 1.1 million members.
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The creators of this platform have a remarkable track record. In 2021, they released the Wall St. Bulls NFT collection, which sold out within a staggering 32 minutes, raising a remarkable $2.5 million. The $WSM tokens were subsequently listed on tier 1 exchanges in late September, triggering a surge in demand.
With a recent price dip, Wall Street Memes offers substantial growth potential. If you decide to invest now, you're positioned for potentially attractive returns in this promising venture.
yPredict (YPRED) – Your Gateway to Crypto Millions Through AI
yPredict goes beyond conventional cryptocurrency offerings by harnessing advanced AI to provide a diverse suite of services.
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These services encompass everything from crypto signals to the technical and sentiment analysis of popular cryptocurrencies, expanding the horizons of crypto investment and price prediction.
In a sector where the total valuation stands at approximately $2.3 billion, it's worth noting that AI-driven crypto initiatives are quite prevalent.
What sets yPredict apart is its market capitalization goal of $6.5 million, distinguishing it from other AI projects valued between $50 and $100 million within the cryptocurrency domain.
The Conclusion
While you might not see the gains that you’re looking for with Shiba Inu anytime soon, the other tokens that we presented today paint a more promising picture.
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BTC derivatives like Bitcoin ETF and Bitcoin Minetrix stand as the best examples of this. With the ongoing hype surrounding ETF approval, and the halving event set for the next year, these two could easily explode anywhere in the range of 50-70X.
Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.
