Memecoins
Should you buy PANDA and STRUMP?
Panda Swap (PANDA) is one of the most popular new coins, still in second place on Coinmarketcap. At the time of writing, it has added almost 30% to its value, which is slightly behind its all-time high.
Super Trump (STRUMP) may look like one of many Trump meme pieces, but he is unique in several ways. Demand is also strong, up 20%. Here are our PANDA and STRUMP price predictions to let you know if you should invest in the coins.
PANDA is a better buy in the long run
Due to its ease of use and low transaction fees, Solana is home to many meme coins. One of them is PANDA, which has the potential to attract a whole new wave of investors and spark runs on some of Solana’s most popular coins.
Panda Swap features include trading, liquidity pooling, yield farming, and project launching. Its stop-loss orders and lightning-fast swaps help it stand out from other meme coins.
However, the Panda Swap price trend has been bearish over the past month, reflecting continued downward pressure in the market. He did business from $0.0044 to $0.0077 over the past week. This fluctuation indicates that overall market sentiment is negative despite occasional recoveries. Additionally, its market cap is only around $5 million.
PANDA is currently trading just under $0.007, but it is expected to exceed $0.032 by 2028.
Super Trump: Not Another Trump Coin
On June 2, the price of Super Trump gained 28%, reaching $0.019. It jumped 409% last week, increasing its market capitalization to $48 million.
Technical indicators are bullish. The price is currently above the 21 and 50 SMA, strengthening market sentiment and supporting the uptrend. This will allow the bulls to push the price towards 200 SMA. The MACD is also bullish. The blue line shows positive momentum, surpassing the orange line. Another bullish sign are the positive bars of the histogram.
It was predicted on June 2 that STRUMP price was expected to close above $0.024 before becoming an attractive buy again. This has happened with the price currently at $0.02644.
Why isn’t STRUMP simply another Trump coin? The platform distributes the majority of its transaction fees towards liquidity, treasury, burn, exchanges, marketing and staking/farming. The STRUMP roadmap outlines strategic steps such as listings on leading crypto exchangescommunity engagement plans through partnerships and marketing campaigns on various social media.