How One Obscure $4.6 Million Meme Coin Is Positioning To Be 2024’s Dogecoin On Steroids
As the dust settles from the most recent crypto market tumble, smart money investors are zeroing in on a hidden gem crypto project that’s quietly gaining viral traction – PlayDoge,
Despite crypto Twitter overflowing with the tears of reckless retail investors that splurged out on quickfire Solana meme coins and the rejoicing of crypto bears happy to have bagged their first positive PnL trades in 6 months – things are just getting started.
After all, it’s only been 50 days since the most recent Bitcoin Halving event, and with historical data suggesting there is typically a 400-day lead time until the typical post-halving all-time high, it seems things are just getting started.
It’s only been 50 days since the halving, last cycle $BTC ranged 150 boring days after the #Bitcoin halving before we saw first signs of a bigger pump.
After the dump there comes the pump!#Patience pic.twitter.com/pORkLR1Rhy
— Cryptoherooo (@Cryptoherooo) June 18, 2024
Bitcoin OGs and smart money investors know this, which is clear from the accumulation activity on-chain by big holders increasing exposure to solid dip opportunities like Ethereum – which remains poised for the true launch of ETH ETFs shortly.
It’s often said that you should be fearful when the market is greedy. So, with the market in a high state of anxiety, bigger players’ strategic FUD and silent greed are worth noticing.
The biggest open secret in crypto is that capital flows in these seemingly dead trading weeks are headed for crypto presales.
Presales provide early-bird opportunities for smart money investors to secure their slice of the pie at minuscule pre-listing prices. They allow intrepid risk-taking investors to unlock the lion’s share of major gains by getting in on the ground
Read more on cryptonews.com
