Many established and once profitable crypto currencies are currently in a constant state of flux. The hardest parts of investing in any coin were getting in at the right time and being able to get maximum value for your investment when it’s time to sell. As time has gone on, crypto currencies have proven to be more than just short-term get-rich quick schemes. The long term impact has shown that holding onto the right coin can yield incredible results.
For better or for worse, investors have tried their best to hold different coins to varying degrees of success hoping to see a profit. With that thought in mind, Gala and Render have had it rough in the recent year particularly.
The MoonBag meme coin feels like a good place for weary investors to put their hopes in. It’s currently setting records having raised over $3.4 Million in a little over one month of its pre-sale. It has an amazing liquidity plan and the MoonBag referral program rewards you for referring other investors. All these point to good signs for this crypto currency in the long term.
Gala hack adds to a long list of shortcomings, can this coin bounce back?
Gala Games is a gaming blockchain ecosystem launched in 2020. It was one of the earliest platforms in the play-to-earn (P2E) GameFi industry, allowing rewards in the form of its native token, GALA. The (GALA) token launched on September 18, 2020, at $0.001437. A month later, on October 18 2020, it had fallen 64% to $0.0005148. The coin has for better or worse faced many challenges for its place in the crypto space constantly hoping that it would finally hit that fabled 0.1$ mark. In the beginning November of 2021 it was at it’s all time high at $0.836 only to fall by the end of the month to $0.62 and then again end the year at $0.45.
Investors were hoping the year 2024 would finally be their year, but those hopes quickly faded on May 20 2024. An individual hacked Gala games gaming platform withdrawing roughly 5 Billion (GALA) tokens valued at $210 million. This was a huge blow to the confidence of investors who had put so much wait for so long that this would be their year.
Render: Stuck in the Red Zone?
Renders Chaikin Money Flow (CMF) shows that it has been stuck in a downward trend for the past month. Currently it is below the zero line which usually indicates a huge increase in selling pressure. But investors ended up losing large amounts of money with no strategy on how to revitalize this coin. The drop has left many investors seeing red as it has gone from $11 to $6.7 in a month. Stabilizing just above the $6.3 support line.
There were rumors of (RNDR) touching heights above the $100 mark this year around January, but these were just the glorified hopes of optimistic investors. With no plan for the future, many investors are getting attracted by the MoonBag meme coin. With a robust new MoonBag referral system and the ability to gain staking rewards, the crypto currency rewards you much more for your investment. After months of price drops and unfulfilled promises MoonBag feels like an answer to weary investors’ prayers.
MoonBag is a future crypto currency giant:
MoonBag’s crypto presale raised over $3.4 million at its sixth stage. This gives investors a lot to be confident about. The MoonBag referral program for example is a game changer. When someone you refer invests in MoonBag, they get an extra 10% in MBAG coins while you get rewards as well.
Just investing $10,000 in MoonBag right now could possibly grow to $18,000 with an 88% APY. With all these positive things going for it, the future of the MoonBag coin looks bright!
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- You have to set up and fund a digital wallet like MetaMask or Trust Wallet.
- Visit the MoonBag website, find the presale section, and securely link your wallet.
- Purchase $MBAG coins. Once confirmed, add them to your wallet for staking or trading.
Conclusion
As the crypto space has changed, so have investors. They see what is worth investing in and what isn’t. In the long term (GALA) and (RNDR) are not living up to years of hype. Investors are more attracted to the MoonBag meme coin. With smart strategies such as the MoonBag referral Program and MoonBag liquidity plan, MoonBag is here to stay for the long term.
Don’t waste another minute, the MoonBag presale is live right now. Buy $MBAG coins and see why so many are investing in the cutest meme coin of 2024.
Invest In MoonBag Presale
Website: https://moonbag.org/
Presale: https://moonbag.org/presale
Twitter: https://twitter.com/moonbag_org
Telegram: https://t.me/moonbag_official
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