With the Mcontent PinkSale underway, the token is once again hitting all-time highs. At this point, Mcontent is now just a few paces away from overtaking Saitama’s price in the crypto world. Reaching this milestone will showcase the third popular token unseated by Mcontent within the last 30 days.
We have talked a lot about token circulation on this blog and what it means regarding price movement. There’s no better example of token circulation being the health of a token than what we are seeing play out right now.
Tokens with large circulation can make it with a clever burn protocol attached to their project. Some people call them hyper burns and others label them active burns. However, they are just smart burns that help to improve tokenomics. Developers must design projects with solid burn foundations that do not necessarily depend on other tokens to stimulate the burn action.
While many investors are eagerly awaiting the price movement of Mcontent to continue, some of us are taking notes. At some point, we will see different branches of cryptology due to tokens like Mcontent. These tokens could very well end up in a curriculum near you. In my opinion, Mcontent will be in future case studies defining how altcoins can move and rise above certain price ranges. Mcontent is going to be very important to the world of crypto.
As always, I am not a financial advisor. Stay safe out in the crypto world.
Over a week ago, Mcontent saw their token hover around 9 to 8 zeros. Towards the end of the week, after news broke from Yahoo Finance and other sites about lucrative deals for content production, Mcontent jumped from $0.000000001466 to a high of $0.000000005900 within a week. That’s a massive move for a token with under 60 thousand investors. There are some memes with over a million investors having a hard time reaching $0.000000004300 right now.
The token is doing what many of us thought it would do in terms of growth and rise. Mcontent is a groundbreaking token that will one day rival some of the top streaming platforms, so these moves are to be expected. Surprisingly, there doesn’t seem to be much selling going on compared to other tokens in the price range. This could be because many of the investors in Mcontent are not meme hunters looking to make a quick buck. It is common knowledge by now that we are dealing with a serious token with unmatched potential. I call it Bitcoin 2.0!
While Mcontent is around the price of some memes, it isn’t a meme token. That protects it against some of the issues meme tokens encounter due to the investors cashing out at record numbers. Often I’ve noticed a few meme traders seem to sell at nearly any sight of profit. Many of us see thousands in profits, but knowing Mcontent’s future prevents us from jumping out prematurely.
Mcontent is a token with a solid burn mechanism and a real-life function. These two things will continue to push the token upwards as the ETH bridge comes into play soon. If we can eat a zero by the end of the week, there’s no telling where this token will go after the bridge is put into place. Get ready for a groundbreaking week. We are witnessing solid growth with healthy consolidation patterns.
For anyone wanting to learn more about Mcontent and their development team, I will post their latest video below. They are very open and direct about what the token does and what they see for the future.
As always, I am not a financial advisor, so if you want to learn more about Mcontent, research it, ask your advisor about it!
As Robinhood sees more financial hardship, some are starting to wonder if a Shiba Inu listing can revive the exchange. Today many investors are waking up to the news that Robinhood lost $425,000,000 last quarter. This is the second time Robinhood reported a loss of revenue. With their stock going down and their platform bleeding money, Robinhood needs to adopt a solid recovery plan.
While listing Shiba Inu might help bring some money to the table, it isn’t a sure fix to their financial issues. There are a couple of things Robinhood could do to attract new investors.
Robinhood could choose to add another popular meme to the platform.
They could add another token minus the meme, within the same price range, as Dogecoin before the hype.
If they decide to go with the first option, they will need to pick a meme coin with numerous investors. Two tokens come to mind, one would be Safemoon, or the other would be BabyDoge. Both coins have over a million investors, and they have yet to list in any top exchanges. Listing a token that doesn’t have a presence in other top platforms will give them an advantage.
If they decide to go with option two, they could step outside of the meme atmosphere and pick a token with enough zeros to pack on a win! Take Mcontent for example, and please understand I am not saying they are listing it. I do not think it is anywhere on their radar at this moment. Yet, Mcontent would be a rocket due to its functionality.
The point is Robinhood needs to find strong tokens to rebound. They should be looking for Metaverse, NFTS, Play To Earn, and tokens with the ability to change life as we know it. Listing Shiba Inu might not be the ONLY medicine needed. It will be interesting to see the tokens that Robinhood decides to add in the coming weeks.