MIA, BINU, TYGBS, XJOBS Blast Coins Surge 20,000% Instantly as Experts Eye This Next Big Crypto Winner
Meme coin markets on new layer-2 blockchain Blast have exploded over the past 24-hours, as high-risk traders rush to make major gains on the low gas fee network.
This article will provide an analysis of current trending tokens and look to see whether another new crypto, Green Bitcoin, represents a more promising investment opportunity at this time.
All eyes will be on blast today. Great time to accumulate before money comes back to Solana meme coins.
What should I pick up?
— Crypto Cawn (@CryptoCawn) February 29, 2024
Explosive price action on Blast comes in the midst of the latest shift in meme coin markets, which have seen trading activity bounce between blockchains such as Solana and Base in recent months due to high gas fees for ERC-20 tokens.
Kicking things off is MIA, which orchestrated a classic pump and dump amid the sensational hysteria surrounding Blast meme coins.
Now trading at a market price of $0.068 (representing a 24-hour change of -94.5%), MIA token caught quick traction upon launch at 12:00 (UTC) on February 29.
Initial price action fuelled a +22,525% increase across just 5-hours, leaving early backers sat on immense gains as price topped out at $4.
Yet, all was too good to be true, as high-risk traders were hit hard by sudden dumping moves, that triggered a cascading bleed-out down to current price levels.
With MIA’s market cap left at $67k – it seems as good as over for this quickfire pump and dump.
Next up is Blast Inu (BINU), which poised itself as the next omnichannel incarnation of the legendary Shiba Inu meme coin.
Achieving a greater degree of success than MIA, Blast Inu is currently trading at a market price of $0.0014 (representing a 24-hour change of +26,423%).
Launched at 16:00 (UTC) on February 29,
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