MoonTaurus (MNTR): The Top Meme Coin for 2024 Bull Run

The 2021 bull run minted numerous crypto millionaires, many of whom invested in assets that experienced extraordinary rallies

Shiba Inu (SHIB) and Dogecoin (DOGE) had a stellar 2021, leading the meme coin craze that saw several dog-themed tokens rally by over a hundred thousand percent. However, the excitement around SHIB and DOGE has waned, leaving investors wondering where to find the next big meme coin.

According to a top cryptocurrency trader who accurately predicted the meteoric rise of Shiba Inu and Dogecoin, the next meme coin to watch is MoonTaurus (MNTR). The meme coin had a strong start with its presale, and it has already experienced a 100% price gain.

Shiba Inu, Dogecoin Potential Fades

Last year, Shiba Inu and Dogecoin led the meme coin rally that saw several dog-themed tokens rally by over 90,000%. Now, both meme coins are down around 84% from their all-time highs.

Recent data from IntoTheBlock shows that Shiba Inu is still “mostly bearish” after the summer lull that hit the cryptocurrency market. Five out of the six key indicators are showing negative movements. The Net Network Growth, which measures the true expansion of SHIB’s network, fell by 0.19. The percentage of “in the money” holders also dropped, with only 45% of SHIB investors currently in profit.

Shiba Inu is trading at $0.0000130, up 0.34% in the last 24 hours. The token recently had nine out of 30 positive days, highlighting its struggle to regain momentum.

Dogecoin had its share of troubles as well. Despite rallying 3% in the last 24 hours, DOGE has only had eight positive days in the last 30. The token is down 0.26% over the last week and 20.99% over the last month.

Current sentiment for Dogecoin is still bearish, with 14 technical analysis indicators showing bullish signals while 16 are bearish. According to CoinCodeX, the price is expected to fall by 13.81% in the next 30 days, reaching $0.090347 on September 20.

According to the trader, now is not the right time to buy Shiba Inu or Dogecoin.

Top Meme Coin for 2024 Bull Run

With Shiba Inu and Dogecoin struggling, the trader has named MoonTaurus (MNTR) as the next big opportunity for meme coin investors. The meme coin is relatively new, having launched in presale only two weeks ago.

One of the main draws of MoonTaurus has been its rapid presale success. The coin recently completed the first phase of its presale, raising $300,000 in just over a week. This strong start has only fueled more enthusiasm for the project, leading to a 100% price increase as the presale moved into its second phase.

The price of MNTR is set to increase with each phase of the presale, culminating in a launch price of $0.07. For investors who buy in during the second phase of the presale, this represents a 700% return by the time the coin hits the market.

MoonTaurus has a capped supply of 3 billion MNTR, setting it apart from traditional meme coins like Shiba Inu and Dogecoin. The limited supply of MoonTaurus creates an inherent scarcity that could drive up the price as demand grows. This scarcity has already begun to influence the token’s value during the presale, contributing to the recent 100% price increase.

Interestingly, among the investors accumulating MoonTaurus are early Shiba Inu and Dogecoin whales. These investors, who recognized the potential of SHIB and DOGE early on, are now banking on MNTR for similar or even greater returns. Their involvement has also attracted the attention of smaller investors, given the whales’ ability to influence market trends.

Analysts are also bullish about MoonTaurus, predicting a strong post-launch rally. MNTR is expected to hit $1 by the end of the year, a 100x climb from its current price.

MoonTaurus has emerged as a strong alternative for investors as Shiba Inu and Dogecoin struggle. The meme coin has already gained strong momentum, even while still in its presale phase. The endorsement from a trader who accurately predicted the top gainers of the previous bull run further boosts its appeal. This trading expert believes now is the ideal time to invest in MNTR while it is still undervalued and in its earliest days.

Website: https://moontaurus.com/

Linktree: https://linktr.ee/moontaurus

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