Home Community Insights Can Elonator And Milady Meme Coin Be Used To Hedge Against PEPE Coin Losses?

Can Elonator And Milady Meme Coin Be Used To Hedge Against PEPE Coin Losses?

Can Elonator And Milady Meme Coin Be Used To Hedge Against PEPE Coin Losses?

As major cryptos report losses over the past month, investors are fumbling over the best options to buy in the current bear market. Bitcoin, Ethereum, XRP, Dogecoin, and Shiba Inu are just a few of the cryptocurrencies that have experienced price losses. According to CoinGecko, the global crypto market cap tanked by 12.2% over a 30-day period from August to September depicting the loss faced by the crypto market.

<< Click Here To Learn More About Elonator Presale >>

Despite the downturn in prices, there still are a few investible options in the market. To help hedge against losses in their portfolio, Elonator’s token price is controlled by stable pricing mechanisms as the coin is still in its presale. On the other hand, the price movement of Miladys Meme Coin was positive, reporting a significant increase from August to September. If you have PEPE Coin in your portfolio, read this article to learn more about balancing against the losses from the popular meme coin with Elonator.

Is ETOR’s Presale Affected By The Bear Market?

To help protect investors against the bear market, the Elonator presale is a great way to stay invested in crypto without being exposed to market volatility. $ETOR tokens are protected from wider market movements as the Elonator ecosystem is still being developed and is not listed on crypto exchanges.

Investors reeling from losses caused by the PEPE Coin scandal may find Elonator’s presale a suitable option for investing. The price of an ETOR token moves in controlled steps, according to how far the coin has progressed in terms of development. Once Elonator has achieved every value-added change in its roadmap, it will be listed on Coingecko for trading purposes.

What Was The PEPE Coin Scandal And How Has It Affected Investors?

On the 24th of August, former team members withdrew $16 million worth of PEPE Coin from the meme coin’s multi-sig wallet and transferred the holdings to OKX, Bybit, and other crypto exchanges. This led to a loss of confidence in the coin, further hammering its price down over the last two weeks.

<< Click Here To Learn More About Elonator Presale >>

Speculators caught up in the scandal can still potentially capitalize on new tech developments in the crypto space. Elon Musk’s X platform – formerly known as Twitter – recently procured a currency transmitter license in 7 states, a tool that can be used to process crypto payments. Could this feature have a positive spillover effect for meme coins like Elonator?

Check Out The ETOR Presale Today

While cryptocurrency remains as volatile as ever, there are still tokens that are on the up. Miladys Meme Coin – a relatively unknown meme coin – performed well over the last month, an anomaly in the current market while Elonator’s presale stands out as more than just a safe haven. According to the coin’s projected roadmap, the meme coin has reward-friendly initiatives for its early investors such as NFT competitions and prize lotteries. Visit the links below to learn more.

 

Elonator:

Presale: https://buy.elonator.com/
Website: https://elonator.com

Telegram: https://t.me/ElonatorCoin

Twitter: https://twitter.com/ElonatorCoin

No posts to display

Post Comment

Please enter your comment!
Please enter your name here