By As Solana meme coin markets buzz with activity, new Andrew Tate coin (TOPG) has exploded +88,986%.
This article will provide an analysis of TATE’s current price trends and look to see whether a newer pre-halving play, Green Bitcoin, represents a more promising investment opportunity at this time.
The Solana shitcoin market is ablaze with joke tokens like $TOPG (Andrew Tate) and $HIDLER (Adolf Hitler) seeing massive pumps today!
As Bitcoin hits new highs above $69,000, traders seek higher returns in riskier plays, including Solana’s newly launched coins.
But…
— khaled ferjani (@KingFerjani) March 7, 2024
Appetite for Andrew Tate meme coins has reached fever pitch as TOPG token defies a crowded theme to mount an exceptional breakout gain.
TOPG Price Analysis: As New Andrew Tate Themed Solana Meme Coin Skyrockets – Could This Other Coin Be Next?
With price action hammering upside resistance, Top G token is currently trading at a market price of $0.0058 (representing a 24-hour change of +139,899%).
This comes after TOPG token launched at just 11AM UTC on March 6, in a move which saw initially rather slow traction.
However, around 3PM UTC, things changed as a sudden influx of volume propelled TOPG token on an alluring +3,265% move, which stopped off to establish a strong lower support level at $0.002693.
Well-defended consolidation around this level set the stage for a second rally leg, which saw TOPG hammer-up to a new all-time high at $0.0059 – in an ongoing move.
The formation of lower support above $0.0026 provides confidence to bullish sentiment underpinning TOPG, with fears of a retracement now limited to a -22% move.
Yet, upside potential for TOPG remains significant, with a market cap of just $616k, TOPG could easily undertake a 10x move from current levels – a huge opportunity for late entrants.
Alongside a small number holders (which suggests a limited sell-pressure if there is an upside move), buy-pressure remains dominant over TOPG transactions, representing 61% of trades in the past hour.
This sends the clear signal that eagle-eyed Solana meme coin traders are in accumulation on TOPG, and with current moves propelled by just $120k in trading volume – it seems possible that TOPG could moon-shot from here.
But, for traders seeking a play with a more gentle risk exposure than Top G, a strong contender emerges in the Green Bitcoin presale – which could secure big gains heading into the Bitcoin halving event.
Is Green Bitcoin (GBTC) Set To Outperform Bitcoin in 2024 Bull Run?
Bitcoin beta plays can be thought of as Bitcoin-linked tokens that crypto investors associate with Bitcoin, yet, at comparatively far more alluring market caps.
Take a second to imagine the tokenomics behind BTC price moves, for Bitcoin to undertake a 2x move from here, the huge $1,309,797,271,394 ($1.3tn) Bitcoin market cap would need to double to $2.6tn.
While, for a comparable coin like Green Bitcoin, which has currently raised a market cap of $2m, there would need to be a simple influx of $2m in capital for a 2x return.
Another way of looking at it, is imagining the opportunity to buy Bitcoin at rock-bottom pricing in 2011 – the early-backers advantage.
Green Bitcoin Explained: What’s The Big Idea Behind GBTC Prediction Market Staking?
In a bold return to Ethereum’s ever-growing ERC-20 token standard, Green Bitcoin introduces a massive reduction in carbon emissions utilizing Ethereum 2.0’s high-speed, low-energy proof-of-stake network.
Investors’ minds can rest easy knowing that Green Bitcoin delivers a 10,000 times reduction in energy consumption compared to traditional proof of work Bitcoin mining.
Yet, the real stand-out focus of Green Bitcoin delivered by this pathbreaking eco-crypto rests in its launch of an engaging gamified staking model that not only generates passive income for holders, but also ignites a high-octane ecosystem.
Bitcoin prediction markets form the heart of this next-generation staking ecosystem, which challenges and engages players with daily predictive challenges aiming to test trading ability and acumen.
In order to win rewards, players must use their $GBTC to successfully forecast Bitcoin’s daily price movements, with correct calls receiving substantial $GBTC rewards – including up to 100% token bonuses!
How Could GBTC Shape Up In The 2024 Crypto Bull Run?
By delivering a high-octane Bitcoin predictions market and a degenerate community – fueled by affiliates and influencers, it’s clear that Green Bitcoin is heading for a promising future, but how is the roadmap shaping up?
With GBTC heading into the next major presale phase, the project’s roadmap promises a series of exciting developments designed to enhance engagement and promote sustainability.
Green Bitcoin is supercharged for growth with plans to revamp marketing efforts, to the launch of the highly anticipated predict-2-earn mechanism, and even the listing of $GBTC on premier exchanges, 2024 is poised for a growth trajectory.
So if TOPG doesn’t wet your appetite, join GBTC – connect with Green Bitcoin on X and Telegram.
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