The Joe Rogan meme token has gained by more than 20,000% in the past 24 hours, with its price rocketing to $0.00001376 after the ROGAN/WETH pair was added to Uniswap yesterday.
This makes it the latest new meme coin to post massively above-average gains this year, although as with most other new meme tokens, it’s very unlikely that ROGAN has any actual association with its source material.
Still, given just how new ROGAN is, it could continue to rally big in the near future, even if the threat of a rug-pull is always a real probability when it comes to meme tokens.
At the same time, it’s just as likely to be overshadowed by a newer, more hyped meme coin, with Thug Life Token (THUG) showing through its increasingly successful presale that it may be the next big thing.
Joe Rogan Meme Coin Blasts Up 20,000% and Crypto Experts Say Thug Life Token is the Next Best Low Cap Gem – Less Than 13 Days Left
So far, ROGAN’s chart shows that it’s only going up, with no sign – yet – of a correction, crash or rug-pull.
However, because Joe Rogan Coin has come from out of nowhere and has no obvious community or team, it’s very likely that it will dive in price sooner or later.
Its only real online trace is a Twitter account that has posted a single tweet, in which it’s predicted that ROGAN will be “Making Moves Soon.”
At the cost of appearing cynical, it’s likely that ROGAN’s issuer(s) knew it would be making moves precisely because they planned to pump it themselves, before inevitably unloading their bags on retail investors.
Still, there’s no doubt that ROGAN’s price has risen substantially since it appeared in a pairing with Wrapped Ethereum (WETH) on Uniswap yesterday.
And there’s nothing like a rising price to attract traders who believe thay can enter and exit a market before it collapses.
As such, it would be unwise to completely rule out further gains for ROGAN, even if its demise seems all-but inevitable.
The same, however, can’t be said for Thug Life Token (THUG), a new ERC-20 coin that has aligned itself with the gangsta rap and hip-hop communities.
Unlike ROGAN, which has directly listed on exchanges, THUG is currently holding its presale, something which will help it cultivate a community of holders and followers before it lists on trading platforms.
And judging by the fact that it has already raised just over $325,000 in barely a week, it seems that the new meme token has been successful in attracting investors.
Thug Life Token comes with a maximum total supply of 4.2 billion, with 70% of this supply reserved for the presale.
This is important, because unlike the completely opaque ROGAN, THUG will be majority-owned by its community.
Such decentralization significantly lowers the risk of a big dump, while also incentivizing more people to buy the coin, thereby boosting its price over the longer term.
The coin’s presale has a hard cap of $2,058,000, meaning that it’s already more than 15% along the road to completion.
As such, interested traders will have to act quickly if they want to secure some THUG before it sells out, with the sale set to end in 13 days.
Investors can join the presale by visiting the official Thug Life Token website and connecting their software wallets.
In contrast to many other token offerings this year, the presale has only one stage, with 1 THUG selling for $0.0007.
Of course, this price could rise much higher when THUG lists on exchanges, with its expanding community looking all set to boost it significantly.
Visit Thug Life Token Now
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.
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