Following weeks of sideways movement, Dogecoin (DOGE), the largest meme coin by market capitalization, has shown signs of recovery, rising 12% in the last seven days. However, Dogecoin’s recovery has been overshadowed by its competitor, MoonTaurus (MNTR). This new meme coin is set to jump 100% in the coming weeks as it progresses to the second stage of its presale campaign. Top analysts believe MNTR could be a better investment in 2024 than DOGE.
Dogecoin Price Prediction: Can DOGE Reach $0.20 Soon?
At the time of writing, the price of Dogecoin was $0.140032, marking a 4.7% increase in the last 24 hours. Dogecoin has been on a gradual decline over the past few months, falling from a local high of $0.22 in March 2024. On July 5, DOGE dipped below $0.10, revisiting levels last seen in February. Since then, the meme coin has shown a slight recovery.
According to CoinCodex, DOGE is still far from reaching $0.20. Despite some bullish sentiment, the price prediction website forecasts a drop to $0.12 for Dogecoin over the next month.
Why is MoonTaurus (MNTR) a Better Investment?
Despite Dogecoin’s recent climb, market analysts say that MoonTaurus (MNTR) is a better meme coin buy for investors seeking outsized returns during the 2024 bull run. The presale meme coin has garnered significant attention despite being only recently launched.
Recent interest from giant whales who profited from PEPE in 2023, combined with a strong marketing campaign, has made MoonTaurus a hot topic in crypto spaces.
MoonTaurus is in the first stage of its presale campaign, priced at $0.005. The presale is selling out rapidly as the coin quickly establishes itself in the market. MNTR will enter the second stage of the presale in the coming days, which will be accompanied by a 100% price increase. Smart investors are rushing to position themselves before this jump. The meme coin’s launch price will be $0.07, guaranteeing a 14x return for presale stage one investors. MoonTaurus will make its debut on top decentralized exchanges, followed by listings on centralized exchanges, including top-tier CEXs.
Early expert predictions place MoonTaurus among the top 10 meme coins by market cap before the end of the bull run. One widely followed analyst has made a bold price prediction, suggesting that a 100x climb for MNTR this cycle is “programmed.”
MoonTaurus (MNTR) is launching a $100,000 giveaway to attract new investors and boost community involvement. Ten lucky winners will share the prize pool. To enter, participants need to follow MoonTaurus on social media, join their Telegram or Discord channels, and engage in promotional activities. This initiative aims to create excitement and increase the project’s visibility.
Cryptocurrencies, especially meme coins, have recently become popular investment vehicles globally. This trend has led to substantial growth for players like Dogecoin. However, a new contender, MoonTaurus, has entered the market and is expected to outperform DOGE by a large margin.
While Dogecoin struggles to regain the $0.20 mark, MNTR is poised to explode up to 100x. This places the newcomer among the top meme coins to buy in 2024. Its ongoing presale offers an excellent opportunity to invest in the next big thing at the ground floor.
Website: https://moontaurus.com/
Linktree: https://linktr.ee/moontaurus
