Unveiling the Potential: Will Cryptocurrency 4CHAN Hit $1 Million? Price Analysis

4CHAN is the ticker for 4-CHAN, a community-focused meme coin in Ethereum ecosystem, launched on May 3, 2023.

Since the token joined the crypto market, it has maintained a stable price at $0.000000000001. However, its trading volume has touched different price levels in the long run.

Today, June 29, 4CHAN is trading at $0.00000000000005975, down by 2.16%, with its trading volume in the last 24 hours down by 19.72% and recording $2,019,482 at the time of writing.

Considering 4CHAN performance so far, crypto enthusiasts and investors are keen to know if this token could ever hit $1 million in the future.

According to 4-CHAN’s Whitepaper, the “edgiest anons in the world” developed and refined $4CHAN in the “fires of /b/” and 4CHAN is the perfect online playground for impulsive characters and meme masters thanks to its immersive technology.

While the buzz that meme coins operate in their own orbit and the fact that this coin is related to Ethereum can boost 4CHAN’s growth, unveiling its potential can help ascertain the performance and future of the coin.

4CHAN Potential in the Ethereum Ecosystem Community

There are potential ways in which 4CHAN holders, or the 4-CHAN platform could interact with Ethereum. Here are a few possibilities:

• Cryptocurrency Discussions

4CHAN’s technology board (/b/) and its finance-related board (/biz/) often have discussions about cryptocurrencies, including Ethereum. Users may share information, analysis, and opinions about Ethereum’s development, price movements, and potential use cases.

• Decentralized Applications (DApps)

Ethereum is a blockchain that enables the development of decentralized applications. 4chan users could potentially discuss, critique, or even contribute to the development of DApps built on Ethereum. They may provide feedback, suggest improvements, or participate in bug bounties for DApp developers.

• NFTs (Non-Fungible Tokens)

Ethereum’s blockchain has become a popular platform for creating and trading NFTs. 4chan’s creative boards (/co/ for comics and cartoons, /wg/ for wallpapers, etc.) could potentially engage with Ethereum-based NFTs. Users might discuss NFT art and digital collectibles or create and share their NFTs.

• Token Communities

Ethereum’s ecosystem includes a vast array of tokens built on its blockchain. 4chan users may form communities around specific tokens or engage in discussions related to token projects, tokenomics, or token trading. These discussions might take place on appropriate 4chan boards such as /biz/ or dedicated token-specific boards if they exist.

Notably, 4CHAN unregulated nature can lead to both positive and negative consequences. While there may be potential for constructive engagement with the Ethereum ecosystem, it’s essential to exercise caution and critical thinking when interacting with information or projects discussed on the platform.

$4CHAN Performance So Far

The crypto market has improved, with a total value of 1.17 trillion dollars, and 4CHAN is seeing massive growth as it gains more attention in the ecosystem community. 

Within one week, 4CHAN experienced a growth of 70,000%. The Ethereum-based token has gotten massive gains over the past 2 weeks and has been rising. 

Currently, 4CHAN’s price is at $$0.00000000000005975, and its trading volume in the last 24 hours is $2,019,482 as of when written.

Many experts have predicted that 4CHAN potentials could help it outperform other meme tokens and be 1000X in the future. The blockchain platform, 4-CHAN, provides its users with quick and secure transactions with no restrictions and low costs.

Investors in cryptocurrencies adore it since it has a sizable and vibrant community. Numerous investors expect 4CHAN to see a substantial rise to $1 million, ranking among the top cryptocurrencies in the long term.

4-CHAN (4CHAN) Price Prediction According To Technical Indicators

TheThe 4-CHAN (4CHAN) token has been showing signs of a continuous bearish trend based on several technical indicators.

The Moving Average Convergence Divergence (MACD) indicator, which identifies trend reversals, is signaling a bearish move for the token as the MACD line crosses below the signal line.

In addition to the MACD crossover, the token’s price recently broke past the bearish trendline support.

This indicates a significant shift in the market sentiment, favoring the bears. The breach of a bearish trendline is often seen as a confirmation of a bearish trend, suggesting that the price might continue to decline.

Furthermore, the token’s recent price action has been characterized by red candles. The fact that the token has maintained a sequence of red candles over the last 5 hours suggests a consistent bearish sentiment among traders.

The token is forming a new red candle, further strengthening the bearish case. This indicates that the selling pressure persists, and the price is more likely to continue its downward movement.

Factors Affecting the Price of 4CHAN

The laws of supply and demand can affect the price of 4CHAN just like other coins. Critical events like block reward halving, hard forks, or new protocol modifications can also impact the coin’s market dynamics.

Furthermore, the price of 4CHAN may also be compressed by macroeconomic activities, corporate and governmental acceptance, cryptocurrency exchange crimes, and even regulatory crackdowns.

Moreover, if 4CHAN “whales” enter the coin’s small market, the price could also be affected positively or negatively.

Apart from these general factors, some news, events, or developments in the crypto market can determine if the value appreciates or depreciates.

4-CHAN’s Strengths Thanks to Dexscreener

Dexscreener is the tax-free buying mechanism that sets 4CHAN apart from other tokens. By removing taxes from the transaction, 4CHAN broadens its market appeal and motivates potential customers. 

Additionally, the ability to change tax rates adds another level of uniqueness, making 4CHAN even more alluring while capturing more interest from both buyers and investors.

As depicted by Dexscreener, 4CHAN is an Open Source crypto which means 4CHAN’s code and technical specifications are open to the public, promoting genuineness and reliability in the crypto community.

Dexscreener confirms that 4CHAN doesn’t use intermediates or delegates to facilitate transactions because it doesn’t have a proxy account. The transaction process is simplified, resulting in less complexity and increased efficiency.

According to Dexscreener, 4CHAN’s price-sustaining mechanism stops a wallet from selling all its assets. This system tries to preserve stability and prevent rapid market movements by controlling the rate at which assets are sold. 

Dexscreener highlights 4CHAN’s inclusion of an anti-whale mechanism into its smart contract as one of its most noteworthy features.

Blacklisting is frequently used as a countermeasure to suspicious or illegal behavior, including hacking, scamming, and other illegal actions. This technique establishes a maximum token limit or transaction threshold for a given address. 

But Dexscreener also highlights one noteworthy problem: the existence of a banned wallet connected to 4CHAN. 

In a nutshell, 4CHAN is a unique digital currency in the market because of its features, including the tax-free buying mechanism, openness, lack of proxy accounts, price-sustaining method, and anti-whale mechanism.

Yet, another crypto project, Chimpzee (CHIMPZ), is up and running, projecting the high-growth potential for early investors.

Chimpzee (CHMPZ)

Chimpzee combines profitability and entertainment while encouraging investors to care for their environment and save animals. 

The ecosystem provides its users with unique merchandise sales and allows them to earn passive income via CHMPZ coins. With Chimpzee, you can make money by fighting climate change and saving animals. 

The Chimpzee ecosystem is built with different features and components, like the Chimpzee shop, the zero tolerance game, and the NFT marketplace, which are combined.

The project shop helps investors spend CHMPZ tokens in several quality goods and commodities, serving as an ecosystem’s central commerce Centre.

Chimpzee’s NFT marketplace shares it’s trading fee profit percentage with active users on its website. With an NFT passport, users can get massive shares from the profit pool.

Furthermore, CHMPZ’s Zero Tolerance Game offers its users fun ways of earning coins. With the game, you can earn CHMPZ coins if you achieve a series of programmed benchmarks.  

The CHMPZ token, which serves as the primary payment for all platform functions and incentives, is the foundation for Chimpzee’s ecosystem. 

Users can use this token for various ecosystem transactions, and they will be rewarded with CHMPZ tokens. There are 40 billion tokens available during the presale, and any that aren’t purchased will be burned.

$CHIMPZ Presale Performance Since Live

Currently, CHMPZ is conducting its presale which started on March 20, 2023. The current stage is offering the CHMPZ tokens at $0.00067.

After the presale, chimpanzee NFT passports will be made available. It’s crucial to remember that only presale stage 1 investors are eligible to acquire Chimpzee Diamond NFT passports.

Prior to the general public’s access to the NFT passports, a whitelist event will be hosted for these people. If there are any remaining Diamond NFT passports, they will be available for sale to the general public.

Also, After the presale, regular NFT passports will be offered, but once more, exclusively to investors in the presale. There will also be a whitelist event where members of the public may buy any remaining passports.

The Chimpzee Diamond NFT passport will only be available to those who bought it during the initial presale round. The circulating quantity of CHMPZ coins might be reduced by up to 10% when they are burnt after being used to purchase Chimpzee NFT passports.

The development of the Chimpzee shop, NFT minting platform, and the staking engine will be prioritized by the Chimpzee team after the presale, along with obtaining listings on several exchanges.