An Investor Who Once Profited $10M from Dogecoin Is Now Eyeing a New Meme Coin Priced at Just $0.003333

This individual, known for involvement with Solana, believes this low-priced token holds great potential. What is it about this tiny coin that captures attention

An investor who previously made a $10 million profit from Dogecoin (CRYPTO: DOGE) is turning his attention to a new meme coin being sold in presale for just $0.003333.

The investor, who is also known for his involvement with Solana (CRYPTO: SOL), believes that this low-priced token, which is being developed by a team experienced in building successful meme coins, could be the next big success story in cryptocurrency.

What Happened: As community-driven tokens continue to dominate the meme coin market, XYZVerse has entered the scene with its unique brand of fun and engagement. Following the success of PEPE, Dogwifhat, and Bonk, XYZVerse aims to capture the magic of these viral tokens while adding its unique spin.

The meme coin market has seen its fair share of buzzworthy tokens, and XYZ is joining the ranks with its low presale price and potential for massive gains.

Also Read: Price Prediction For XYZVerse (XYZ): Can The Tiny Coin Surging In Presale Hit $0.10?

The market is heating up for altcoins, especially lower-cap meme coins, as the altcoin season approaches. With its presale still ongoing and strategic exchange listings in the works, XYZ could benefit from this influx of interest.

The investor, who prefers to remain anonymous, highlighted the strengths of XYZVerse in the current market:

“The meme coin market is heating up again, and we might see another leg up in the near term, especially if we get a season like last summer.”

“With its low price and potential for 30x returns, XYZ could be a perfect addition to any meme coin portfolio.”

“The team behind XYZ has experience launching successful meme coins, which increases the chances of success.”

Price Prediction For XYZ: Can A 30x Jump From Presale To $0.10 Happen?

To reach the price target of $0.10, XYZ would need to rise by 3000%, which might seem like a huge goal, but considering the potential of meme coins, it’s possible.

For instance, if we take the initial presale price of $0.003333 and add 3000%, we arrive at $0.10, which would be the price at which the meme coin could experience resistance.

For those unfamiliar with the concept of percentage change, it's a way to measure how much a quantity varies over time, expressed as a part of the original quantity. In this case, we're interested in calculating the percentage increase needed for XYZ to reach $0.10 from its presale price of $0.003333.

To do this, we can use the following formula:

Percentage change = [(New value - Original value) / Original value] x 100

In this scenario, the original value is the presale price of $0.003333, and the new value is the price target of $0.10.

Plugging these values into the formula, we get:

Percentage change = [($0.10 - $0.003333) / $0.003333] x 100

This simplifies to:

Percentage change ≈ 2900.3%

Therefore, for XYZ to reach $0.10, it would need to increase in price by approximately 2900.3% from its presale price.

While this might seem like a significant surge, we've seen even steeper rises in the meme coin market, making this scenario plausible.

Key Strengths Of XYZ In The Current Market:

As the market focuses on new and interesting tokens, XYZ might be able to benefit from this attention, especially if it manages to get listed on major exchanges after the presale.

With its unique brand of humor and community engagement, XYZ could become a hit among traders and investors, further increasing demand for the token.

Finally, the potential for huge gains from such a low presale price could entice traders to invest in XYZ, hoping to cash in on its success story.

Invest In XYZ Now Before It Surges:

(Image: Solana via Unsplash)

Solana (SOL) price has been facing a downward trend over the past six months, decreasing by 13.10%. The last month saw a sharper drop of 14.85%, and in the past week, it slipped another 5.06%. Currently, SOL is trading within the range of $115.84 and $140.65, highlighting the ongoing volatility in the market.

Technical analysis presents a mixed outlook. The 10-day Simple Moving Average is at $125.28, slightly lower than the 100-day SMA at $130