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Cryptocurrency News Articles
Will BLAST And SMIDGE Lead The Meme Coin Rally In 2024?
Jun 27, 2024 at 03:20 pm
As the market witnesses a relief rally in underrated tokens, the meme coins are sure to lead the way. Being the best-performing sector in the crypto world, the hype-focused community-driven coins are the choice to go in 2024.
Cryptocurrency traders and enthusiasts are keeping a close eye on two promising tokens, BLAST and SMIDGE, as they anticipate a bull run in the crypto market. Here's a closer look at these tokens and their potential.
BLAST: Booming Bulls Boosting the Layer-2 Token
BLAST is a recently launched Ethereum Layer-2 protocol token that has been making waves in the early days of its launch. The unique selling proposition (USP) of BLAST is its native yield for both ETH and stablecoins. Unlike other L2s that offer a default 0% interest, BLAST provides a 3.4% yield for ETH staking and 8% for stablecoins staking, making it an attractive proposition for yield-seekers.
The BLAST token has been surging in the early days of its launch, with a 20% intraday increase as the broader market is set to recover. The token trades at $0.025, maintaining a bullish stance. With further market catalysts, such as the listing of the Ethereum ETF and the broader market bull run, BLAST could see a price surge to $1.
SMIDGE: A Meme Coin With Massive Upside Potential
SMIDGE is a newly launched meme coin that has been seeing its highs and lows in the crypto market. The SMIDGE price trades at $0.0006787, with an intraday gain of 164%, as the token sees a massive surge in demand.
With a trading volume of a million dollars, the limited price action of SMIDGE prevents any technical analysis. However, the rising demand and the 500% surge in a day tease a bull run ahead.
SMIDGE is a smaller and cuter version of the trending, high-performing meme coin, PEPE. It is from the 5th generation of the frog kingdom. Being highly expressive of his emotions, Smidge gained popularity and went viral on multiple platforms like 4chan and Reddit.
The recent price surge is supporting the bullish narrative for SMIDGE, and the uptrend in the coming weeks could see a massive upside jump in the meme coin.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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