3 old coins that you should keep an eye on this week: Polygon, Frax and Memeinator
3 old coins that you should keep an eye on this week: Polygon, Frax and Memeinator
- The renaming of polygon (Matic) in pole could be a bullish catalyst.
- Frax (FXS) introduces his Layer 2 Blockchain, which may inspire the prospects of prospects.
- The pre-sale of Memeinator (MMTR) has reached level 15 because the meme coin should dominate the market after their introduction.
last week the cryptocurrencies rose sharply when Bitcoin broke through the $ 48,000 mark. While the BTC price has fallen below the above level, investors who hope for a potential upward dynamics in the coming months will likely use the decline to buy more.
top alcohol like Ethereum, Solana and XRP are worth a look. However, some tokens in the middle of important news events and developments could stand out. Here you can find out why Polygon (Matic) and Frax Finance (FXS) and Meminator (MMTR) could be in mind in the coming weeks.
Polygon (Matic): Rebranding could be bullish
Matic from Polygon is one of the top alcohol coins that had to accept a decline on Monday, as Bitcoin reduced its winnings from the weekend. The cryptocurrency fell by about 3 %, since the wider cryptoma market was reflected in the US futures before the publication of the economic data.
Matic, however, has continued to increase by more than 5 % last week and able to test the $ 1 mark again. According to the crypto analyst The Defi-Investor due to the upcoming renaming of MATIC is one of the projects that are in should keep an eye on the coming weeks.
According to the analyst, the renaming could take place this month, and such events have taken place "in general" [bees] bullish if it is done correctly. "
Frax Finance (FRX): The L2 start is an important milestone
On February 7, 2024, the Frax Finance team announced access to the test network and main network of its modular blockchain Frax Valley. Immediate access was possible for selected partners, for normal users it should be live in the coming days.
Frax Valley offers incentives for users, including an airdrop, liquidity premiums and new FXTL points. These are intended for later this month, with the partners and development teams of the platform to use the meantime to bring their dapps to the blockchain. FXS is also able to stake.
The FXS price reached a maximum of $ 42.80 in January 2022. The current price is 79 % below this high. If the public introduction of the Frax L2 blockchain contributes to the general market catalysts for FXS, it will probably be one of the tokens that should be kept in mind in the coming months.
Memeinator (MMTR): The meme coin to challenge Doge?
Memeinator is a new crypto token in advance. The MMTR token is a meme coin that will be the utility token of the Memeinator ecosystem.
At the start, Memeinator's main goal will be to establish itself as a top meme coin project that challenges Shiba Inu and Dogecoin and possibly outdated. Part of this mission is the hostile takeover of all useless meme coins that do not offer the community.
These inferior tokens are only imitators who often leave their owners worthless bags. Inspired by the Terminator, the memerator is equipped with the Meme Warfare-ready to make a judgment via weak meme tokens.
The project has already demonstrated its attraction with the massive advance sharing, the increase in social media followers and, which is perhaps most importantly, the introduction of its stake pool and the token burn. The goal is to achieve a market capitalization of $ 1 billion, which means a potentially significant price increase after the market launch.
currently in phase 15, the memorator has collected more than $ 4.2 million, with the MMTR price rising to $ 0.022. Details on the Memeinator-Vernaufsite shows that the next price level is 0.023 $ and the value will be up to the 20th Level of advance will continue to increase.
Source: Coinlist.me
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