AVAX meme coins such as Coq Inu might be in for a pump soon, with Avax SocialFi Arena Social launching a token soon.
The much-awaited Avax SocialFi platform is set to launch soon. Last time around, when they amassed a ton of traffic, meme coins on Avax went on HUGE runs. Coq Inu went to a $450 million market cap and is currently ranging at around $85 million market cap.
The What Arena? Take a Glance at New SocialFi on AVAX
Arena Social is a Social Media platform that looks much like X and others but has incorporated a financial aspect into it. Every post on the timeline is completely free to see, but you can buy a person’s ticket, and you get access to private posts and a private chat group only for holders.
This allows influencers to privately and actively engage with their audience while weeding out the trolls. You can also tip posts with Avax and a range of meme coins, such as Coq Inu.
They’re set to launch their token to the platform shortly, and the Avax community has been much awaited. You can check out Arena.social here.
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Coq Inu Technical Analysis; Gigantic pump waiting?!
The chart clearly shows that interest in AVAX meme coins was huge earlier this year and at the end of last year. Coq Inu is the biggest meme coin on Avax and will, as such, attract massive volume when we get a new Avax meme season.
The area around $0.0000001345 has been a huge support level previously and should, as such, also act as one this time. Once we get the inevitable pump, the next level of interest should be the daily 100 moving average (blue line), as it historically always acts as good moving support or resistance. $0.0000003169 has been the range high for Coq Inu for about half a year and could be a good target!
So, for now, all we can do is bite our nails until the Arena Social token drops and interest in AVAX memes returns to normal.
Shiba ShootOut Presale Approaches The $1 Million Milestone
Shiba ShootOut is a Play-To-Earn that sets the famous Shiba Inu meme in a Western world where players can earn crypto while having fun.
PLAY SHIBA SHOOTOUT AND EARN MONEY
Shiba Shootout is set in Shiba Gulch, a Wild West-style town. Players here can engage in exciting battles and earn SHIBASHOOT tokens. The Shiba ShootOut team has included various earning methods, such as:
- “Posse Rewards” a referal program to invite friends and get rewards;
- “Campfire Stories” for community building. The best stories will win prizes;
- “Cactus Staking” protocol, which boasts an impressive 1.034% annual return;
- “Lucky Lasso Lottery” is a lottery system where participants use Shiba Showdown tokens for a chance to win large cryptocurrency prizes.
The presale has successfully raised nearly $1 million, and in this phase, the price is $0.0198 per SHIBASHOOT before the next increment.
Once the presale is concluded, buyers can claim their SHIBASHOOT tokens, which serve as the project’s main use case and can be used within the game.
The game is already available both on GooglePlay and AppStore.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
