MoonTaurus Investors Enjoy 100 Profits as Polygon MATIC Hits a TwoYear Low Leaving Only 2 of Holders in the Green
Polygon’s native token, MATIC, has experienced a significant decline, hitting a two-year low at $0.34. This drop has resulted in 98% of MATIC holders facing losses, while only 2% remain profitable. Despite on-chain data indicating that daily transactions have generated more profits than losses over the past 200 days, the price decline continues. MATIC is currently trading below key moving averages, indicating the possibility of further downturns unless new market demand emerges.
MATIC holders are grappling with substantial losses as the token’s price has fallen by 74% from its February high of $1.52. Currently, 97% of MATIC holders would incur losses if they were to sell their tokens. The token’s poor performance is exacerbated by its trade below critical moving averages, suggesting a prevailing bearish sentiment. Although there has been a slight rebound to $0.34, market analysts caution that unless demand picks up, MATIC could experience further declines.
The significant loss in value highlights the challenges that MATIC faces in the current cryptocurrency market. While some holders have managed to profit from daily transactions, the overall outlook remains bleak. The potential for recovery largely depends on an influx of demand, which seems uncertain in the short term.
Meanwhile, MoonTaurus (MNTR) has caught the attention of investors with its impressive performance during the presale. While MATIC struggles, MNTR is poised for a 100% gain as it nears the end of the first phase of the presale. Priced at just $0.005 per token, phase one has almost sold out, with 95% of the tokens already purchased. The overwhelming demand has enabled the project to raise over $290,000, leaving only a small window for new investors before the price doubles in phase two.
What sets MoonTaurus apart in the crypto market is the rapid rate at which investors are buying in. The presale has seen quick uptake due to an appealing price point and the promise of substantial returns. With an initial launch price of $0.07, early investors stand to gain a 1300% return, further intensifying the sense of urgency among investors.
Additionally, MoonTaurus’ tokenomics aim to maximize value for holders. With 40% of the total supply allocated to the presale and 30% dedicated to marketing, the project is well-positioned to maintain momentum and attract more investment. The remaining tokens are allocated to ensure liquidity and reward community engagement, fostering a stable and supportive environment for long-term growth.
Experts have taken note of MoonTaurus’ strategic planning and predict a significant price surge in the coming months. With the second phase of the presale approaching and a 100% price increase expected, the profit potential is undeniable. This has led to a rush among investors, who draw parallels with other successful tokens like Pepe and Shiba Inu, where early backers saw exponential gains.
As MATIC struggles, MoonTaurus (MNTR) continues to thrive in its presale. With the first phase nearly sold out and investor demand at an all-time high, the token is on track for significant growth. While MATIC holders face losses, those who have invested in MoonTaurus are poised to reap substantial rewards. The clock is ticking, and with phase two rapidly approaching, the opportunity to invest at ground level is closing. For investors seeking a promising venture, MoonTaurus presents a strong case for the 2024 bull run. Visit MoonTaurus’s website at https://moontaurus.com/ and their Linktree at https://linktr.ee/moontaurus.