These BSC-Based Altcoins Rise Epic!

After the meme coin capital rotation in the crypto market, altcoin projects HOGE, ASS and TABOO seem to come to the fore. The projects are based on Binance Smart Chain and generated triple-digit earnings. cryptocoin.com We have compiled the details, let’s take a quick look when they arrive…

What does capital rotation to meme coin projects mean?

This week’s rise in popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) could be signs that the good times are back, analysts say. Also, a quick look at cryptocurrency headlines on Twitter shows a series of tweets in which avid traders have started a lengthy discussion to buy Lamborghini.

You can find the list of the 14 most wanted altcoins on the Binance platform here.

Meanwhile, DOGE and SHIB are not the only low-priced tokens to experience a spike in price, while garnering most of the media and investor attention. The value of meme coins has soared across all major networks, including Binance Smart Chain (BSC), which could be a sign that retail investors of all classes are feeling bullish again.

Let’s take a look with analyst Jordan Finneseth at three relatively “unknown” BSC-specific tokens that have posted decent gains in the past week.

Hoge Finance was among the projects in demand after the meme coin rotation

Hoge Finance (HOGE) is a meme-loving decentralized finance protocol that describes itself as community-driven and has a limited token supply with a deflation mechanism that burns 1% of the supply on every transaction. Data from CoinMarketCap shows that since hitting a low of $0.0001 on October 13, HOGE price has soared 533% on October 28 to $0.000633, while 24-hour trading volume is up 330% to $12.3 million.

HOGE’s soaring price comes as the team behind the project mocks an upcoming listing on one of the top five cryptocurrency exchanges. Other than that, there is little to say about the project in terms of fundamental analysis, but the same can be said for Dogecoin and other dog-themed tokens.

Australian Safe Shepherd (ASS)

Australian Safe Shepherd (ASS) is a community meme token that started as a fork of the popular SafeMoon project. As part of the token design, 5% of every trade executed on PancakeSwap is locked in a liquidity pool to ensure there is always enough liquidity. An additional 5% is redistributed to all ASS token holders as a form of passive reward and incentive to hold the token.

Data from CoinMarketCap shows that ASS’s price has risen 203% to a daily high of $0.0000000711 on October 28, while 24-hour trading volume has risen from $450,000 to $25.43 million since trading from a low of $0.00000000235 on October 25. is showing.

Next up is Taboo Token

Taboo Token is an adult entertainment-themed NFT and streaming media project specializing in exclusive content provided by models working with the platform. While it falls outside of the definition of a meme coin, Tabu Token is another low-priced project at BSC that has done some serious business in the past few weeks.

Data from CoinMarketCap shows that after falling to $0.0008 on October 4, the price of TABOO jumped to a record high of $11.52 million in 24-hour trading volume, rising 1.812 percent to $0.0153 on October 13.

The increased action for TABOO came after OnlyFans announced it would ban adult entertainment performances on the platform, with Taboo presenting itself as a working alternative. OnlyFans would later reverse the ban, but it seems that creators are recognizing the benefits of decentralized platforms.

Despite OnlyFans changing his mind, TABOO continued to see the price supported at current levels, and the developers behind the protocol plan to build its ecosystem and often tease upcoming developments, including the launch of a Taboo market. It includes NFTs from industry leaders and celebrities such as Paris Hilton.

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