Memecoins
Should you buy PANDA and STRUMP?
Panda Swap (PANDA) is one of the most popular new coins, still ranked second on Coinmarketcap. At the time of writing, it has added nearly 30% to its value, slightly below its all-time high.
Super Trump (STRUMP) may seem like one of many Trump meme coins, but it is unique in several ways. There is also high demand, up 20%. Here are our PANDA and STRUMP price predictions to indicate whether 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 has become the home of many meme coins. One of these is PANDA, which has the potential to attract a new wave of investors and trigger runs on some of Solana’s most popular coins.
Panda Swap features include trading, liquidity pooling, yield farming and project launches. Its stop-loss orders and lightning-fast trades help it stand out from other meme coins.
However, the price trend of the Panda Swap has been bearish over the past month, reflecting continued downward pressure in the market. It he traded from $0.0044 to $0.0077 over the past week. This fluctuation indicates that overall market sentiment is negative despite occasional rallies. Furthermore, its market capitalization is only around $5 million.
PANDA currently trades for just under $0.007, but is expected to surpass $0.032 by 2028.
Super Trump: Not another Trump meme coin
On June 2, the price of Super Trump increased by 28%, reaching $0.019. It has increased by 409% in the last week, increasing its market capitalization to $48 million.
Technical indicators are bullish. The price is currently above the 21 and 50 SMA, strengthening the market sentiment and supporting the uptrend. This will allow the bulls to push the price towards the 200 SMA. The MACD is also bullish. The blue line shows positive momentum, crossing above the orange line. Another bullish sign is the positive histogram bars.
On June 2, it was predicted that STRUMP price would have to close above $0.024 before becoming an attractive buy again. This happened, with the price currently at $0.02644.
Because STRUMP is not right another Trump meme coin? The platform distributes the majority of transaction fees towards liquidity, treasury, burn, exchanges, marketing and staking/farming. The STRUMP roadmap outlines strategic milestones such as listings on major cryptocurrency exchangesplans for community engagement through partnerships and marketing campaigns on various social media.