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- 1 Make Ethereum Great Again (MEGA) token surged 10,000%.
- 2 The MEGA token rose rapidly when the crypto community was witnessing shifts in sentiments.
Influenced by the famous slogan “Make America Great Again (MAGA)” presidential campaign, MEGA aims to acquire the same spirit into the Ethereum ecosystem. In the last 24 hours, the Make Ethereum Great Again (MEGA) token has accomplished an exceptional rise of 10,000% on decentralized exchanges.
The rise comes at a time when the cryptocurrency sector is showing changes in sentiments. The MEGA team in a blog post, shared their observation of influencers and long-term holders who were once analytical towards protection in the industry and have now transformed and become the protectors themselves. They added “We have seen those who pray the religion of Diamond Hands turn into lettuce hands. This inconsistency has kept community sentiment unsettled.”
Blog Post by MEGA Team
The post suggested that the change in sentiments is visible that investors who refrain from selling an investment despite the losses and downturns are now changing their beliefs.
Taking cues from the HEX founder Richard Heart, the MEGA team encourages individuals to move their interest from what PulseChain can do for them, and instead look at what they can contribute to the PulseChain. PulseChain is the upcoming project associated with this project.
The Securities and Exchange Commission (SEC) has initiated legal action against Richard Heart and his cryptocurrency ventures HEX, PulseChain, and PulseX. Heart is accused of illegally generating over $1 Billion in funds by selling unregistered securities.
It is claimed that Heart uses $12 Million of the raised funds to buy watches, luxury cars, and a rare black diamond known as “The Enigma”.
The price of MEGA tokens is surging but it is important to note that some tokens with low trading volumes can possess risK.
Summary
Trump’s slogan Make America Great Again (MAGA), coined in the 2016 presidential elections and was a huge success. It inspired the Make Ethereum Great Again (MEGA) token. The unexpected rise of the token is visible on the decentralized exchanges.
In the last 24 hours, the price has escalated to 100,000%. MEGA is directed to gather the same spirit to the Ethereum ecosystem as Trump’s slogan in the presidential elections of 2016.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
