MAGA Price Rises 18% As Donald Trump Calls Himself ‘Crypto President’ But Analysts Say This AI Meme Coin Could Be The Best Cryptocurrency To Buy Right Now.
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MAGA prices have surged 18% over the past 24 hours, trading at $13.4 as of 7:30 PM ET.
The TRUMP pump comes after Reuters reported that Donald Trump called himself a “crypto president” at a fundraiser in San Francisco on June 6.
“He said he would be the cryptocurrency president,” Trevor Traina, a San Francisco-based technology executive and former Trump ambassador to Austria, told Reuters.
President Trump also said cryptocurrencies are important and emphasized that he is very supportive of the sector, Republican National Committee member Harmeet Dhillon told the news agency.
Dhillon added it Trump, who will face President Joe Biden in the November 5 election, did not offer specifics about his proposed cryptocurrency policy.
MAGA PRICE PREDICTION: WHAT ABOUT TRUMP TECHNOLOGY?
This chart shows an in-depth analysis of a descending wedge pattern that has traditionally been considered bullish. This pattern occurs when price consolidates between converging support and resistance lines before breaking away.
Here, a wedge represents a potential bearish to bullish reversal. The price breaks away from the upper resistance line of the wedge pattern, indicating a bullish reversal. The green upward arrow indicates that this bullish momentum is expected to continue, with a target of around $17.00 well above current price levels.
Looking at other indicators, the Woodies Commodity Channel Index (CCI) is showing a bullish signal well above the zero line, indicating that prices are above the average price used in the calculation. On the other hand, the Average Directional Index (ADX) is around 21.55, indicating a weak to moderate trend. Values greater than 20 usually indicate some trend strength, but no clear direction yet.
2-hour MAGA/USDT chart | source: TradingView
As the price of MAGA soars, experts say that MEMCOIN Winner AI This might be the best cryptocurrency to buy right now. The pre-sale brought the funds raised to over $5 million, making it one of the most successful ICOs of the year.
Analyst and YouTuber Jacob Crypto Bury says the project has the potential to skyrocket 100x after launch.
Alternatives to MAGA
WienerAI (WAI) leverages two of the most popular cryptocurrency niches: meme coins and AI. WAI dreams of a time when AI-trained sausage dogs become “the most powerful cybernetic beings in the universe.”
🌭Winner AI is moving!🌭
It’s an important day for our development team. The AI Trading Bot interface is nearing completion. pic.twitter.com/AntAqQVnsr
— WienerAI (@WienerDogAI) May 28, 2024
The project features an AI trading bot that helps users find hidden gems in the cryptocurrency market.
WAI token holders can also stake their WAI tokens with an annualized return of 219%. The team has set aside 20% of tokens for staking rewards. Each Ethereum (ETH) block is worth 3,938 WAI.
How to Stake $ water Feeling. https://t.co/g0LrikQz90 pic.twitter.com/3VneRo9wTq
— WienerAI (@WienerDogAI) May 9, 2024
Currently the price of one WAI token is $0.000716. Those who missed out on the MAGA price increase and are interested in purchasing WAI should do so quickly as the price will increase within two days.
Visit the official website to purchase WAI tokens here..
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