The meme coin hype isn’t letting up anytime soon.
And new projects are constantly popping up, looking to grab the spotlight.
One well-known crypto expert recently highlighted two contenders, Turbo and Memebet Token, which he believes are the best meme coins to buy now.
It’s been a wild week for meme coin traders.
Things started strong on Monday with a rally that had everyone excited.
But that buzz quickly fizzled out when Tuesday hit with a sharp drop, followed by a day of flat trading that left investors on edge.
Today, things have taken another dive.
Spot volumes are down 11% to $5.2 billion, and the total value of all meme coins has slipped to just over $47 billion.
It’s a sea of red out there, with most coins taking a hit. Big names like SHIB and PEPE are down 3%, while MEW has dropped 7%.
The only exception has been POPCAT, which has managed to hold its ground and squeeze out a small gain.
So, why all the chaos? It seems linked to Bitcoin’s price action.
Bitcoin’s dip yesterday seems to have pulled the entire meme coin market down, and now investors are waiting to see what’s next.
In the middle of all this bearishness, one voice is cutting through the noise.
Crypto expert Cilinix Crypto just dropped a video with a bullish take on Turbo (TURBO).
Turbo isn’t your average meme coin – ChatGPT created it on a $69 budget.
Despite its hilarious beginnings, Turbo has had a successful 2024, with a market cap now above $420 million.
TURBO’s price is down 10% in the past day, but Cilinix Crypto isn’t fazed.
He’s focused on TURBO’s overall momentum and rising trading volumes as signs that the coin still has plenty of upside potential.
The key level to watch is between $0.0068 and $0.0070.
Cilinix Crypto believes if TURBO can break through that, it could mark the beginning of an explosive rally.
He even hinted at a potential run to its all-time high of $0.0095 – or even the $0.01 mark.
But he’s not going overboard.
Cilinix Crypto reminded viewers to stay cautious, pointing out TURBO’s history of price manipulation.
He also noted that if TURBO dips further from here, there might be enormous liquidations for anyone who’s over-leveraged.
Cilinix Crypto Also Bullish on New Meme-Themed Crypto Casino Memebet
Turbo isn’t the only meme coin catching Cilinix Crypto’s attention.
Enter Memebet Token (MEMEBET) – another coin he believes could be about to rally.
But why does he think that?
Imagine a meme-filled crypto casino where your favorite joke coins aren’t just sitting idle; they’re being used to play.
That’s the essence of the Memebet Casino.
It’s an Ethereum-based gambling platform that combines meme coin energy with casino games.
There’s also a fully-fledged sportsbook covering all of the most popular markets.
Cilinix Crypto is pretty excited about Memebet’s potential, calling it a great early-stage opportunity, especially with the presale now live.
What’s also got him hyped is the integration with Telegram.
Since players can access Memebet Casino through the Telegram app, completing a lengthy KYC process is unnecessary.
That’s the kind of innovation that could set this project apart from other GambleFi coins.
As it stands, Memebet has raised over $420,000 in presale so far, offering the native MEMEBET token for just $0.0257.
However, this price will rise when the next presale stage begins tomorrow.
All in all, things are looking promising for this new meme-themed project.
And with Cilinix Crypto drawing parallels to TG.Casino, another GambleFi project that exploded after launch, it’s clear Memebet has some serious potential.
Visit Memebet Token Presale
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