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The Minu price pumped 10% in the last 24 hours to trade at $0.0000003367 as of 4.30 a.m. EST.
That made MINU one of the biggest gainers on CoinMarketCap, beating out such market favorites as BONK, Zcash, and TIA.
$MINU is currently the biggest 24hr gainer on CoinMarketCap Trending ladder, higher than #BONK, #Zcash and #TIA 👀https://t.co/8dA5L9n7SX
👉We move higher and higher as we keep building!#Minu #CoinMarketCap pic.twitter.com/rr1y4FU2dM
— Minu (@minu_coin) July 9, 2024
The project recently collaborated with Bubblemaps to organize a $500 competition that attracted quite a bit of attention, putting Minu under the spotlight for many who may have been unaware of the rising meme coin’s potential until now.
Our competition in collaboration with @bubblemaps is now LIVE!
👉Visit the link: https://t.co/HYhMz6Poqn and find the lucky bubbles to win $100. There will be 5 winners!
Good luck! #Minu #BubbleMaps #Competition https://t.co/dv086EZj6B
— Minu (@minu_coin) July 5, 2024
Minu Price Prediction
The Minu price saw a noticeable spike up, all the way to the resistance at $0.00000034. However, while its price did not manage to breach this level, it did stop right under it, and is now awaiting for the next opportunity to grow.
However, according to some technical indicators, traders might be better off preparing for a correction, as the recent rally that started earlier this week seemingly lost its momentum. The Minu Bollinger bands have seen an extreme narrowing over the last several hours, which is one of the bearish signs that suggest a potential price decline.
Meanwhile, the token’s Relative Strength Index (RSI) value has reached the overbought zone again. This is typically a sign that traders might start selling relatively soon, as most tend to wait for this to happen before they take profit.
With the rest of the market slowly starting to dip into the red again, Minu’s price is still 10% up on a 24-hour basis, and for the time being, it continues to trade sideways. However, this is not a guarantee that the situation will not change in hours to come, so traders who may have purchased the token should be ready fo it.
At the very least, it would be wise to do thorough research and create your own price prediction before proceeding.
Promising Alternative to Minu
While the signs point toward a potential correction for Minu, the same cannot be said for arguably one of the best Minu alternatives, Shiba Shootout (SHIBASHOOT).
This is another Doge-based meme coin that is still in presale, meaning that it is immune to any volatility that may trouble the rest of the market, at least for the time being.
The project launched its ICO only last week, but it already managed to raise over $614k.
The project stands out to investors as it combines the popular Doge meme with the feeling of the Wild West.
The action in its P2E game takes place in the town of Shiba Gulch, a place at the heart of the Wild West crypto frontier, where Shiba enthusiasts converge to participate in challenges, share memes, and immerse themselves in the excitement of the Shootout.
The token comes with a great many utility ideas, including governance, lotteries, and staking, all while focusing on the community aspect in Campfire Story sessions, where community members can share ideas and stories.
Those who buy its token can also stake it. More than 19.6 million SHIBASHOOT tokens have already been staked.
The project has already caught the attention of crypto experts behind the crypto YouTube channel 99Bitcoins, who speculated that it might be the next 100x meme coin.
In short, SHIBASHOOT looks like a great new option for Shiba fans to consider, and definitely for those who are looking for a worthy alternative to Minu.
SHIBASHOOT tokens are priced at $0.0195 apiece and those interested in joining the presale can buy SHIBASHOOT with ETH, USDT, BNB, or a credit/debit card. Buy the project soon to avoid a price hike in less than three days.
Visit SHIBASHOOT official website.
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