Why Vantard’s 100x growth prediction could outpace Shiba Inu and Dogecoin in 2024

The cryptocurrency market has seen a surge of interest in meme coins, with tokens like Shiba Inu and Dogecoin making headlines in past years. However, 2024 has introduced a new contender: Vantard.

This nascent project has quickly raised over $306,000, achieving the title of the year’s most promising crypto presale.

Vantard’s VTARD token appeals to investors seeking exposure to meme coins without the need to track the volatile landscape constantly.

With a focus on simplicity and index-like structure, Vantard is pioneering a new approach to the meme coin sector, with analysts forecasting potential 100x returns by 2025.

Vantard’s presale success and rapid growth in 2024

Vantard’s initial presale phase has garnered significant interest, raising $306,411 and positioning the coin at an initial price of $0.00012.

This aggressive entry into the market reflects Vantard’s vision to simplify meme coin investing for regular investors, providing an index-style approach to the best-performing meme coins, particularly those on the Solana blockchain.

Analysts are predicting a possible 100X return on Vantard’s VTARD token by 2025, which has fueled its reputation as a promising new asset in the crypto sphere.

Why are investors flocking to Vantard during the meme coin supercycle?

As meme coin interest resurges, Vantard has managed to tap into the trend by offering a curated basket of top Solana-based meme coins.

This index-style strategy appeals to investors who lack the time to navigate meme coin markets independently.

The VTARD token, with its memetic appeal and first-mover advantage as a fund-based meme coin, is anticipated to trade at a premium to its portfolio’s net asset value (NAV).

This structure means that as the value of Vantard’s meme coin holdings rises, so does the VTARD token, giving investors a straightforward entry into the meme coin supercycle.

Vantard’s explosive presale and projected high returns have prompted some experts to label it as one of the top crypto investments of 2024.

With meme coins currently holding a total market cap of $74 billion, industry analysts forecast a potential climb to $1 trillion, which could drive VTARD’s price up considerably.

This immense upside potential in the meme coin market, combined with Vantard’s strategic portfolio, positions VTARD as a compelling investment for those aiming to capitalise on the next meme coin boom.

Shiba Inu’s technical setup

After a notable rise in September, Shiba Inu (SHIB) has entered a phase of consolidation.

Technical indicators like the 50, 100, and 200-day Exponential Moving Averages (EMAs) are converging, suggesting a potential breakout in either direction.

If SHIB manages to clear resistance around $0.000018 to $0.000019, it could initiate a bullish rally.

Failure to hold the support at $0.0000168 could compromise its current structure, signalling a possible downturn.

Dogecoin correction

Dogecoin (DOGE) recently experienced a 15% pullback from recent highs, typical in strong uptrends as assets reset for more sustainable growth.

Technical indicators suggest that the 50-day and 100-day EMAs provide a strong support level for Dogecoin, potentially stabilising it for the next rally.

The asset’s Relative Strength Index (RSI) has also moved away from overbought territory, allowing room for growth without immediate selling pressure.

Market sentiment remains positive, and Dogecoin’s active community may help drive fresh interest post-correction.

Vantard vs. Shiba Inu and Dogecoin

While Shiba Inu and Dogecoin have been resilient in the meme coin space, Vantard’s structured approach and fast-paced growth offer a fresh perspective for investors.

With its unique portfolio model, Vantard positions itself as an easier way for investors to ride the meme coin supercycle, providing diversification and exposure to a broad spectrum of meme coins in one package.

As the market matures, Vantard’s presale success and high potential returns make it a coin to watch, with analysts betting on its potential to redefine meme coin investing.

The post Why Vantard’s 100x growth prediction could outpace Shiba Inu and Dogecoin in 2024 appeared first on Invezz