MAGA Hat Price Prediction: MAGA Soars 23% Ahead Of Trump’s Inauguration As This People’s Meme Coin Offers Last Chance To Buy Before Listing

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

The MAGA Hat price soared 23% in the last 24 hours to trade at $0.0001015 as of 3.40 a.m. EST on trading volume that skyrocketed 37% to $12.99 million.

The token’s price surged in the last 24 hours, likely for two reasons — the first one being that Bitcoin managed to briefly hit $100k before correcting again to $98.67k as of the time of writing, so the altcoin market was quick to follow. The second reason is that there is only a few days left before Trump’s Inauguration.

Many have pointed out that the project, part meme coin, part a PolitiFi crypto, is pumping in anticipation of the event that will bring Trump back into the Oval Office, also predicting that MAGA might soon see a listing on a number of centralized exchanges.

So far, the project has also grown to be the #1 token on DEXTools, trending due to all the attention it received in the last several days.

MAGA Hat Price Prediction

MAGA started surging rapidly nearly 24 hours ago when its price was still at $0.00008113. The project did encounter a strong barrier at $0.000095, which took a while to breach, but the latest push finally brought it above $0.0001.

As soon as its price started going up, the project’s Bollinger Bands started widening, as the price pushed the upper band further and further up. Once it reached a resistance at $0.000095, the price saw a slight rejection, which caused it to drop to the lower band and start fluctuating between it and the middle line between the two bands.

However, as the price surged past this resistance, the bands saw another massive widening, suggesting that traders have once again gone bullish in regard to the project.

The project’s Relative Strength Index (RSI) metric, however, suggests that MAGA might soon reach its limit, if it hasn’t already. During the initial price surge, the project’s RSI value skyrocketed from being near the oversold zone to the depths of the overbought area, reaching the value of 80.

This triggered a wave of profit-taking, which caused the initial correction. The RSI itself dropped to the value of 40 before the traders started buying the dip and pushing the price back up. After some struggle due to uncertainty, as some were buying and some were selling, its value climbed back up into the overbought zone, this time to around 76.86.

As the Inauguration nears, MAGA will likely continue to pump in anticipation.

Promising Alternative To MAGA Hat

However, if you believe that MAGA is near its limit, then this might be a good time to consider an alternative investment, such as Flockerz (FLOCK).

Flockerz attracted the attention of investors throughout the crypto industry thanks to its community-focused approach. The project introduces a unique new model called Vote-To-Earn, which is meant to incentivize its token holders to keep coming back and participating in community governance.

Each time token holders help Flockerz reach a decision by voting on one of the governance proposals, they will receive a small amount of FLOCK as payment as a reward. That way, they have a reason to actively participate, while Flockerz gets to maintain high levels of decentralization. While it is a fairly simple solution, it is quite effective, and it will help the project avoid the fate of many others who have seen their communities lose interest after a while.

This often ends up leaving only a small handful of people making all the decisions, which tends to increase projects’ degree of centralization. Flockerz’s method has intrigued many, and as a result, its ICO raised over $10.2 million since its launch. Now, there is less than a week before it ends, and currently only around 6 days remain before the project starts seeing its first listings.

So, anyone who wishes to buy FLOCK while it is still selling at ICO prices has very little time left to do so. Crypto YouTuber ClayBro, who has over 135k subscribers, recently pointed out that FLOCK will see its listing only a day or two after Trump’s inauguration, which could trigger a major crypto bull run. So, buying it before that happens could result in significant gains.

Keep in mind that there is no guarantee that things will play out this way, but there is a strong possibility of it. Therefore, make sure to do your own research, and if you come up with the same conclusion, consider getting some FLOCK before it is too late.

Buy FLOCK here before its presale ends in less than 6 days.

Related Articles:

Newest Meme Coin ICO - Wall Street Pepe

Rating

Wall Street Pepe
  • Audited By Coinsult
  • Early Access Presale Round
  • Private Trading Alpha For $WEPE Army
  • Staking Pool - High Dynamic APY
Wall Street Pepe

Join Our Telegram channel to stay up to date on breaking news coverage

Read next

Please enter Coingecko & CoinMarketcap Api Key to get this plugin works