MINI Jumps 122% In A Week As Traders Turn To This New ICO That Offers Huge Staking Returns For DOGE, SHIB, And PEPE
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The Mini price surged 122% in a week and 3% in the last 24 hours to trade at $0.08601 as of 3 a.m. EST on trading volume that went up 18% to $11.4 million.
The relatively new cat meme coin launched in May, and attracted quite a bit of attention recently thanks to a number of new listings, including on Solana’s Sol Index on Oct. 2.
The project’s price took off from there, going from $0.01496 to its ATH at $0.09823 reached only a few hours ago, as the project stopped just shy of $0.1. Of course, the Sol Index listing was only a beginning. Only days later, HolderScan data said that mini reached 7,300 holders, a figure that has since skyrocketed to 12,225.
Some on social media said MINI is a new Popcat, with some suggesting that it represents a second chance for those who missed the POPCAT hype in January and February.
$MINI is the second chance for the people who missed $POPCAT in january / february.
— NastyLab (@nastylab1) October 9, 2024
Over the last few days, the project prolonged the hype by announcing new listings on major exchanges such as Poloniex on Oct. 12, and LBank.com a day earlier.
Multiple new listings and the hype surrounding the project did the rest, causing its price to skyrocket over 122% in the last week, and more than 365% on a monthly chart.
Mini Price Prediction
While MINI saw a massive price surge in the last ten days or so, it appears that it has found its limit, at least for the time being. As mentioned earlier, the project’s price surge stopped just short of $0.1, suggesting that the resistance was quite strong, as it managed to reject the price before it even reached it.
While MINI did see a small correction as a result, the traders are far from discouraged. Many have sold their MINI tokens to take profit as the price reached its ATH, but mini is seemingly ready to get its second wind and retest the resistance, according to recent technical indicators.
The token’s Bollinger bands have seen a sharp narrowing as the MINI price approached the resistance. However, they widened again since then. Initially, the price was pushing the upper band further up, but now, it is pushing the lower one further down.
Meanwhile, the project’s Relative Strength Index (RSI) value has dropped from just under the start of the overbought zone at 70 to a halfway point between the true neutral value of 50 and the start of the oversold zone at 30.
The fact that the RSI did not drop all the way down into the oversold zone suggests that the traders have either stopped selling, or a new wave of buyers came in to balance the scales. What happens next will largely depend on the traders’ behavior, but it is possible that the token could see a recovery that would bring its price back up and allow it to recover, and maybe even retest the major resistance, although the $0.090 might be in the way of it now.
Promising Alternative To Mini
While Mini offered major earnings to its holders over the past week, some traders are turning to a new meme coin because it enables them to earn huge returns from multiple meme coins without having to do almost anything.
The project in question is called Crypto All-Stars (STARS), and it is a new meme coin presale that has raised more than $2.2million. Crypto All-Stars attracted the attention of the market due to its aim to revolutionize staking in a new and unique way.
Anyone who ever tried staking a cryptocurrency knows that they can only stake a single crypto per smart contract, that being the native cryptocurrency of the project that has created the staking smart contract in question.
Crypto All-Stars decided to change that by creating a multi-coin staking smart contract called MemeVault.
Simply put, MemeVault is a meme coin-oriented smart contract for staking that allows you to stake all the largest meme coins, such as Dogecoin, Pepe, Floki, Turbo, Brett, Milady, Bonk, and many more, with the promise of still more being added later on.
This is great news for those with large meme coin portfolios, and after this year’s bull run there will be plenty of investors who have multiple meme coins in their wallets.
Thanks to Crypto All-Stars, you can now make all of your meme coins work for you, creating money from staking them all in the same place, and earning massive staking rewards.
You can also stake STARS itself for a huge annual return of 652%.
STARS was even praised by a popular crypto YouTuber ClayBro, who has over 130k subscribers. In his recent video, the expert speculated that STARS could bring 67x gains to its holders.
STARS tokens are priced at $0.0015007 right now and can be bought with ETH, USDT, BNB, FLOKI, SHIB, DOGE, PEPE, or a credit/debit card.
If you are interested, buy before a price hike in less than 2 days.
Visit the official STARS website here.
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