Investors Rally Round New Cryptocurrency Project as Milady Meme Coin, Doge Killer, and Tamadoge Prices Continue to Decline
The meme coin season seems to be giving way to more value-driven assets.
Even though the crypto market is slowly regaining footing, several popular meme projects are still yet to record bullish traits.
Could this be a viable opportunity to tap into a project like ecoterra? Market analysts seem to think so.
The crypto market is on a bull run once again and has rallied 0.72% to $1.12 trillion.
On its ascent back to winning, several market movers like Bitcoin and several altcoins have pulled the nascent industry back.
However, the meme coin ecosystem seems to be largely divided in its efforts. A few, like Milady Meme Coin, Doge Killer, and Tamadoge, have been unable to catch the bullish waves.
Instead, Milady Meme Coin is down 1.13% in the last 24 hours and 42.67% in the past week.
Doge Killer is also trailing in the red zone at 2.11% in the past day and 1.87% in the last seven days.
Popular play-to-earn (P2E) non-fungible token (NFT) joke cryptocurrency Tamadoge has also shed 2.65% in the past day and 3.37% in the past week.
While this might seem insignificant for many, a growing sentiment across the crypto landscape is that the meme coin frenzy seems to be tapering down.
This is significant given that a large number of parody coins like $PEPE and $SPONGE posted thousands of intra-day rallies, significantly ballooning the market cap of the crypto sub-sector.
With sentiments now moving elsewhere, investors are turning to more utilitarian assets like climate change blockchain project ecoterra.
If there is one thing that we are all concerned about, it is the increasing number of greenhouse emissions produced annually.
The climate is becoming more precarious with more rainfall, high sea levels, melting icebergs, and
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