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In the latest Solana meme coin skyrocket, new token JustAnEgg has exploded after the Easter weekend, but amid the viral pump – EGG price analysis reveals this other coin could be next.
This article will provide an analysis of EGG’s current price trends and look to see whether an innovative new meme coin, Dogecoin20, represents a more promising investment opportunity at this time.
It’s literally just an $egg ? https://t.co/WRMbKUM9lO pic.twitter.com/u5W66C3LNM
— van00sa (@van00sa) April 2, 2024
In a classic seasonal meme coin rally, JustAnEgg token has pumped to become the hot #9 on DEXTools after going viral for being… well, just an egg.
EGG Price Analysis: As JustAnEgg Token Explodes On Solana Meme Coin Markets – Here’s Why This Other Coin Is Next
As price action rebounds, JustAnEgg is currently trading at a market price of $0.063 (representing a 24 hour change of +110%).
This comes after EGG token launched at 22:00 UTC on March 29, in a listing that gained slow initial traction before exploding +2,367% on April 1.
In the days since a retracement move sent EGG price tumbling down -84%.
(DEXTools)
However, a strong defense of lower support at $0.024 has set the stage for an ongoing recovery move, which has climbed +200% after forming a double-bottom.
This leaves EGG price in strong form, with bullish poise bolstered by impressive volumes – currently at $6.76m over the past 24 hours.
However, with JustAnEgg now standing at a large market cap of around $21.3M – EGG price could be on the verge of a decisive move, with the price either set to explode to supernova status or catastrophically dump.
Furthermore, EGG price analysis reveals that EGG’s unlocked liquidity pool represents a minuscule 3.6% fraction of the market cap – exposing almost 10k holders to potential illiquidity if a sell-off occurs.
For this reason, investors are shifting their attention to a new meme coin presale, which is now set for a major tier-1 CEX listing in 2 weeks.
Dogecoin’s recent price gains have fuelled major interest in spin-off projects, and now investors are racing to take a position in a new crypto presale with over $10m raised.
Viral success triggered Dogecoin20’s explosion at presale, and with holders now bracing for their first major CEX listing, the last window of opportunity is open to get in as an early-bird in the DOGE20 presale.
Dogecoin20 aims to be the next-generation version of the top coin in the vertical Dogecoin (DOGE), and investor appetite has been fuelled by the chance to buy in at just 0.0001% of Dogecoin’s market cap.
Innovative Tokenomics: Featuring a capped supply and high APY staking rewards, the DOGE20 token rewards active participation and shields against inflation, in contrast to the inflationary, infinite supply of Dogecoin.
Mission & Roadmap: Aiming to lead the charge into the 2024 bull run, Dogecoin20 champions the idea of “Do Only Good Everyday.” With a roadmap focused on charity, community support, and real-world impact, the new project states that it aims to redefine the crypto landscape and pave the way for a brighter, more inclusive future.
Follow Dogecoin20’s journey on X or join their Telegram for the latest updates.
