As MEGA Token Jumps 200%, This Untapped Crypto Has Amassed $1.2 Million – 100x Potential?

cryptonews.com:

Make Ethereum Great Again (MEGA) token has exploded +200% in an overnight skyrocket that has shocked crypto markets.

Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless pump-and-dump moon-shots, including DEE, APX, FTX, Blinky, DRS and SNOR.

Market interest has surged on this fresh-faced meme coins' promise of 2% reward reflections paid out in additional MEGA tokens.

Yet, despite the ETH-themed title it is important to note that MEGA operates on Pulsechain.

Amid the skyrocketing price action, Make Ethereum Great Again token is currently trading at a market price of $0.0₉₆₅₇₀ (representing a 24-hour change of +52.3%).

Launched at just midnight on October 13, MEGA token saw insatiable traction in the first hour of trading, with the token price shooting up an eye-watering +197.5%.

Over the following two-hours price fought hard to consolidate at the $0.0₉6 level.

This set the stage for an impressive push-up, as price continued to climb in subsequent hours - ultimately reaching an all-time high of $0.0₉95 at 5AM.

A minor localised retrace has given way to further consolidation above the $0.0₉6 level, with ongoing price action indicating a potential second-rally leg as buy pressure remains strong representing 63% of transactions over the past hour.

With a huge influx of more than $604k in 24-hour trading volume, MEGA has risen to rank as the Hot #3 on DEXtools - highlighting the appetite for this latest reflection token.

Yet, despite the already impressive rally, MEGA's market cap only stands at $571k, this suggests there is as much as 4x potential still overhead - as many comparable meme coins have hit $2m market caps.

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