Let’s face it, Meme coins are a type of cryptocurrency, but there’s one major difference between cryptocurrencies like Dogecoin and Shiba Inu and currencies like Bitcoin and Ethereum , and it comes down to utility. Major cryptocurrencies like Bitcoin and Ethereum were developed to solve real-world problems. The goal is to eventually become widely accepted by merchants, creating a new form of decentralized currency and revolutionizing a variety of industries. Meme coins, on the other hand, serve no real-world purpose right now, and most of them were created as a way to make a quick buck.
Now that we know the whole story behind them, The above chart is my proposed speculation on how KUCOIN:ELONUSDT can behave.
You might ask yourself does EW work?
Here are some old forecasts on MEME coins that unfolded in one of the EW patterns.
if something unexpected to this proposed roadmap happens. I will let you know in the comment section.
Keep in mind this idea can be invalidated, you shall not take it as investment advice.
Business News Governmental News Finance News
Need Your Help Today. Your $1 can change life.