New SPACEX Token Inspired by Elon Musk Gains Popularity, Experts Predict Another Coin Will Follow Suit

SPACEX is the latest token launch from a dedicated Elon Musk supporter and developer known by the @Elon_Meme_Token X handle.

Recently, the same developer also successfully launched multi-chain versions for both the ELON and TESSLA tokens.

$ELON $TESSLA $SPACEX prepared to colonize MARS#multichain #CosmosEcosystem #LUNC #INJ #STARS #OSMOSIS #BNB #Polygon #Solana #MemeToken pic.twitter.com/a4mNjkmasN

— Elon Meme (@Elon_meme_token) April 26, 2024

This article examines how SPACEX’s price has achieved significant gains and identifies the next major meme coin poised for growth in the macro summer.

SPACEX Price Analysis: Is the New Space X Themed, Elon Musk Linked Token Headed to Mars?

As price action experiences a localized pull-back from upper resistance, SPACEX is currently trading at a market price of $138 (indicating a 24-hour change of +78,940%).

SPACEX’s robust performance follows this historic DEX-launched meme coin’s emergence from capitulation.

There has been a surge of interest in Elon Musk-themed meme coins following Tesla’s notable earnings call.

Positive movements have allowed the SPACEX token to establish new support levels above $116, with significant support found at $125 and $130.

A new all-time high has also been reached at $147.5 – now serving as an upper price target.

However, concerns also surround the project – for instance, DEXTools data indicates that the SPACEX token has a current market cap of $1.39Bn – following a modest influx of just $124k in trading volume over the past 24 hours.

Moreover, a detailed review of the smart contract audits reveals a blacklisting function embedded in the project – posing a considerable risk of illiquidity and potential loss for holders.

For this reason, savvy traders are opting for reliable projects such as the rapidly expanding DOGEVERSE presale – which has captured the market’s attention with its innovative multi-chain DOGE offering.

Could Viral DOGEVERSE Presale Provide a Superior Solana Meme Coin Opportunity?

While Solana presents a high-risk market opportunity, the most significant gains can be achieved through presale opportunities, allowing investors to be early participants and capture a substantial portion of project growth—consider the potential of investing in SPACEX before it launched.

One such opportunity within the Solana ecosystem is the DOGEVERSE presale – which has achieved viral success over the past two weeks, raising $11M in the ongoing presale.

$11 Million surpassed! #DOGEVERSE has reached another significant milestone!

Thank you to everyone who has joined us on this remarkable journey. The next price increase is coming very soon.

Discover our #MultiChain features! #BabyDoge #Cryptocurrency #ETH $DOG pic.twitter.com/uxykkykDAp

— DogeVerse (@The_DogeVerse) April 26, 2024

Aiming to be the first multi-chain version of DOGE, DOGEVERSE is set to expand rapidly as one of the leading meme coins in the market – so be sure not to miss out.

Buy DOGEVERSE Here

The post New Elon Musk-Inspired SPACEX Token Starts Trending and Now Experts Say This Other Coin is Next appeared first on Cryptonews.