Solana

Pepe 2.0

Myra

<p>Following BONK’s meteoric rise in the Solana ecosystem in 2023 of over 1000%, but now down 50% from its all-time high of $0.000024 in December 2023, investors are searching for the next meme coin breakout in this popular crypto sector.</p> 
<p>One of those “next BONK” contenders, Myra (MYRA), pumped over 200% today to reach a price level of $0.017 before cooling off around $0.010 at the time of writing. Its market cap is still rather small, hovering around $11 million at press time.</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="438" src="https://captainaltcoin.com/wp-content/uploads/2024/01/image-616-1024x438.png" alt="" class="wp-image-425603" srcset="https://captainaltcoin.com/wp-content/uploads/2024/01/image-616-1024x438.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-616-300x128.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-616-766x328.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-616-1536x658.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-616-2048x877.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-616-350x150.png 350w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-616-100x43.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-616-818x350.png 818w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-616-788x337.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-616.png 981w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p><em>Source: <a href="https://coinmarketcap.com/currencies/myra/" target="_blank">CoinMarketCap</a></em></p> 
<p>MYRA bills itself as the partner to MYRO, another Solana-based <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank">meme</a> coin that itself pumped 27% today and over 6000% since launching in November last year, now with a market cap around $200 million.</p> 
<p>So even though MYRA still has room for growth given its low market cap, I’m not a fan of these copycat coins trying to mirror the success of other established meme coins. PEPE spawned numerous Pepe 2.0 incarnations last year and none proved to be long-term winners.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of 2024: </p> 
<p>Even though 10x or greater returns from these levels is possible given the speculative fervor around MYRA, it lacks innovative fundamentals or real differentiating value to suggest meaningful sustainability of any short-term price spikes.</p> 
<p>By all means ride the hype wave if you’re inclined to speculate on MYRA in the near-term. Just don’t expect this BONK competitor to deliver lasting value beyond the inevitable comedown. The catch is Myra has no long-term viability despite skyrocketing over 200% today.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/top-onchain-analyst-explains-what-will-trigger-bitcoins-btc-price-rebound-watch-out-for-these/" target="_blank" rel="noreferrer noopener">Top Onchain Analyst Explains What Will Trigger Bitcoin’s (BTC) Price Rebound: Watch Out for These</a></li> 
 <li><a href="https://captainaltcoin.com/arbitrums-record-breaking-revenue-month-proves-arbs-long-term-potential/" target="_blank" rel="noreferrer noopener">Arbitrum’s Record-Breaking Revenue Month Proves ARB’s Long-Term Potential</a></li> 
 <li><a href="https://captainaltcoin.com/bitpay-expands-payment-options-to-include-binance-coin-and-chainlink/" target="_blank" rel="noreferrer noopener">BitPay Expands Payment Options to Include Binance Coin and Chainlink</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/this-bonk-competitor-just-skyrocketed-over-200-but-heres-the-catch/">This BONK Competitor Just Skyrocketed Over 200%, But Here’s the Catch</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

This BONK Competitor Just Skyrocketed Over 200%, But Here’s the Catch

Table of Contents

CaptainAltcoin

Other articles published on Jan 20, 2024

24 Crypto, 19 Jan: BTC Support Struggle: Is a Rebound on the Horizon

Shiba Inu Gains Momentum: Open Interest and Price Surge

Decoding the Cybersecurity Puzzle in 2024 – Investing Insights for a Secure Portfolio

Regulator lifts investment cap for real estate-backed tokens in Thailand

il Capo Comments on Bitcoin and Ethereum: Will a Bullish Rally Come?

Spot Bitcoin ETFs Attract Strong Investor Interest Amid Market Movements

Join our free newsletter for daily crypto updates!