MAGA Price Prediction: MAGA Slumps 20% As This 2.0 Meme Coin With A 324% Staking Return Offers A Last Chance To Buy

The
MAGA
price
dropped
20%
in
the
last
24
hours
to
trade
at

$0.0004902
as
of
5
a.m.
EST
on
trading
volume
that
surged
by
21%
to
$434.9
million.

MAGA
(MAGA)
is
a
meme
coin
that
parodies
cryptocurrency
MAGA
(TRUMP).

Both
MAGA
and
TRUMP
tokens
skyrocketed
following
the
former
president’s
pro-crypto
remarks
recently.
Right
now,
$MAGA
has
seemingly
found
stability
after
a
226%
pump
in
the
past
week,
although
its
price
has
dropped
below
the
$0.00050
mark.

MAGA
Price
Prediction

The
MAGA
price
skyrocketed
around
May
25,
surging
constantly
over
the
next
few
days,
and
breaching
one
resistance
after
the
other.

However,
looking
at
the
project’s
chart
now,
it
is
clear
that
the
correction
has
started.
The
big
question
now
is
when
it
will
end,
and
what
that
means
for
the
traders.

Certain
technical
indicators
such
as
Bollinger
bands
still
show
bullish
signals
when
it
comes
to
the
price
of
MAGA.
While
the
price
has
approached
the
lower
band,
the
bands
still
remain
extremely
wide.

However,
the
project’s
Relative
Strength
Index
(RSI)
value
has
gone
from
extremely
overbought
two
days
ago,
to
neutral
yesterday,
to
oversold
today.
This
shows
how
traders
have
moved
to
sell
the
token
over
time,
driving
its
price
further
and
further
down.

However,
a
low
RSI,
meaning
the
RSI
that
dropped
to
the
oversold
zone,
could
actually
be
a
good
thing.
Traders
who
keep
an
eye
on
technical
indicators
like
the
RSI
value
might
see
it
as
a
signal
to
buy
the
dip,
meaning
that
they
might
make
a
move
soon.

If
this
happens,
it
is
likely
that
MAGA
price
might
start
seeing
recovery
over
the
next
few
days.
It
is
currently
unclear
whether
the
RSI
value
will
continue
to
drop
a
bit
further
or
if
the
traders
will
react
quickly
now
that
the
value
has
reached
the
level
of
33.23.

In
terms
of
price,
this
might
allow
MAGA
to
climb
back
up
above
the
value
of
$0.00050,
and
potentially
go
back
to
$0.00060
before
long.
However,
it
is
equally
possible
that
the
token
will
continue
to
fall
further,
heading
toward
$0.00040,
if
it
fails
to
breach
the
resistance
at
$0.00050
and
its
price
gets
rejected.

Promising
Alternatives
to
MAGA

With
MAGA
on
a
downtrend,
other
meme
coins
might
provide
a
better
alternative.
One
example
is

Sponge
(SPONGE),
which
created
a
V2
for
its
project,
making
it
bigger
and
better
than
the
original.

The
original
sponge
launched
in
2023,
only
to
see
a
massive
100x
pump
that
placed
it
on
the
map,
drawing
in
new
traders
and
investors.
However,
since
then,
its
team
has
decided
to
discontinue
the
project
and
launch
a
new
version
called
Sponge
V2.

Those
who
bought
the
original
SPONGE
have
had
their
tokens
bridged
to
the
V2
version,
allowing
them
to
stake
their
cryptos
and
earn
staking
rewards.
Meanwhile,
those
who
missed
the
2023
pump
now
have
the
chance
to
buy
the
new
version
of
SPONGE,
and
potentially
participate
in
its
own
pump.

While
such
a
pump
is
not
a
certainty,
a
project
that
did
as
well
as

SPONGE
is
likely
to
see
similar
growth
the
second
time
around,
considering
that
it
launched
as
a
bigger
and
better
version
of
itself.

Stake
your

$SPONGE,
or
else…
????#SpongeV2

#MemeCoin

#Halving

pic.twitter.com/VAmdiLKHZ7

—
$SPONGE
(@spongeoneth)

April
12,
2024

Right
now,
SPONGE
can
be
bought
with
MATIC,
ETH,
USDT,
or
credit/debit
cards.
As
for
why
traders
should
consider
buying
it
—
Sponge
V1
launched
at
the
price
of
$0.000025,
while
the
current
price
of
Sponge
V2
is
$0.002145.
This
means
that
the
token’s
price
has
soared
8,581%.

Meanwhile,
investors
have
already
bridged
and
staked
over
$24.6
million
in
SPONGE
tokens,
meaning
that
there
is
massive
demand
and
the
desire
to
hold
on
to
these
cryptos.
Investors
can
earn
annual
staking
returns
of
161%
on
Ethereum
and
324%
on
Polgyon.

Sponge
V2
is
now
offering
a
last
chance
to
buy
before
launch
on
top-tier
exchanges.
If
you
are
attracted
to
the
project,
buy
now
before
its
presale
closes.

Visit
SPONGE
official
website.

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