Hello Fellow Traders. Cheers to my first publication, please leave a like and boost to help this new publisher get started.
MAGA coin and Polifi is a new area that we have yet to truly delve into as a society. Currently MAGA token is sitting at just under 350M market cap at a price of $8.13 at writing. This idea predicts the possible boost to a 1.5B market cap for the token but is predicated upon a few key aspects below:
1: Trump cannot come out with his own polifi coin or meme coin. If he does, our thesis is null and this coin likely loses its value.
2: As Mr. Trump backs cryptocurrencies I belive that will become a topic of debate and likewise a hotter topic in the cryptosphere as the crypto world casts their "vote" with these memecoins.
Trade Idea: We set a floor of $6.50 for stop loss. You can enter the trade now or wait for a lower low, the breaking of 6.50 floor invalidates our thesis.
I think it is very possible for this token to 3x or 4x by November, though we cant be certain. This is not finanical advise, trade as you wish. Please leave a comment with your thoughts or ideas as I love to hear feedback. Thank you.
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