SPACEX is the newest token launch from a devoted Elon Musk enthusiast and developer known behind the @Elon_Meme_Token X handle.
Recently, the same developer also successfully introduced multi-chain versions for both the ELON and TESSLA tokens.
$ELON $TESSLA $SPACEX ready to colonize MARS#multichain #CosmosEcosystem #LUNC #INJ #STARS #OSMOSIS #BNB #Polygon #Solana #MemeToken pic.twitter.com/a4mNjkmasN
— Elon Meme (@Elon_meme_token) April 26, 2024
This article explores how SPACEX’s price hammered moon-shot gains and uncovers the next big meme coin set to skyrocket in the macro summer.
SPACEX Price Analysis: Is New Space X Themed, Elon Musk Linked Token Going to Mars?
As price action undertakes a localized pull-back from topside resistance, SPACEX is currently trading at a market price of $138 (representing a 24-hour change of +78,940%).
SPACEX’s strong performance comes as this historic DEX-launched meme coin explodes out of capitulation.
There has been a flurry of interest in Elon Musk-themed meme coins after Tesla’s impressive earnings call.
Upside movements have seen the SPACEX token establish newfound support at heights above $116, with major support levels found at $125 and $130.
A new all-time high has also been established at $147.5 – now forming a topside price target.
However, red-flags also surround the project – for one; DEXTools data reports that SPACEX token has a current market cap of $1.39Bn – following a modest influx of just $124k in trading volume over the past 24-hours.
Furthermore, a closer examination of the smart contract audits reveals a blacklisting function hidden in the project – exposing holders to a significant risk of illiquidity and scam loss.
For this reason, smart traders are sticking to trustworthy projects such as the rapidly growing DOGEVERSE presale – which has won the hearts and minds of the market with its first-of-its-kind multi-chain DOGE offering.
Could Viral DOGEVERSE Presale Offer Superior Solana Meme Coin Play?
But while Solana offers a market high-risk opportunity, the biggest gains can be accrued through presale opportunities, which position investors as early birds able to capture the lion’s share of project growth—just imagine investing in SPACEX before it hit the market.
One such opportunity in the Solana ecosystem is the DOGEVERSE presale – which has unlocked viral success over the last two weeks to hit $11M raised in the ongoing presale.
$11 Million breached! #DOGEVERSE just hit another key milestone!
Thank you to everyone who’s joined us on this incredible journey. Next price increase is happening very soon.
Explore our #MultiChain features! #BabyDoge #Cryptocurrency #ETH $DOG pic.twitter.com/uxykkykDAp
— DogeVerse (@The_DogeVerse) April 26, 2024
Aiming to be the first multi-chain incarnation of DOGE, DOGEVERSE is positioned to grow rapidly as one of the biggest meme coins in the market – so don’t miss out.
The post New Elon Musk-Inspired SPACEX Token Starts Trending and Now Experts Say This Other Coin is Next appeared first on Cryptonews.