The workforce behind one of many well-known Donald themed tokens known as MAGA revealed their faces throughout Bitcoin convention 2024 at Nashville. That is the primary time some meme coin workforce has proven their faces to the world. Let’s discover what this implies for the MAGA token and for the traders.
Hidden faces behind meme cash
There are a whole bunch of hundreds of meme tasks available in the market however none of them even had the heart to indicate their actual faces. There are some tasks who present names of their workforce on the web site however with none picture or hyperlink to their social media. It’s no surprise that meme tasks don’t wish to reveal their true id as a result of a meme undertaking can get buried anytime. There have been loads of meme tasks which obtained large hype and made tens of millions and billions, nonetheless they don’t wish to present themselves. Attending to know the workforce behind a crypto undertaking is likely one of the major pointers in DYOR that places neighborhood belief in it.
MAGA reveals the workforce
On the primary day of Nashville Bitcoin Convention 2024, a bunch image of the MAGA workforce was posted on twitter by Diligent Denizen, the model director of the MAGA undertaking. With the caption “$MAGA has formally occupied Nashville”, they invited the neighborhood to satisfy them.
Taking a look at this tweet, we wished to know if they’ve up to date the knowledge on the web site as effectively and to our shock, they’ve. We’re positive this tweet obtained the eye of the neighborhood as a result of we noticed a surge within the token value proper after this.
MAGA on the Journey
Because the tweet from Diligent displaying the MAGA workforce began gaining extra consideration, the value of this token additionally recorded a surge. The worth of MAGA token rose to an 18.31% following the workforce reveal. The MAGA token was buying and selling at $0.0001251 earlier than the tweet and inside a number of hours it reached $0.0001481. The variety of holders for this token has reached 20,265.
What to anticipate?
Consultants imagine {that a} crypto token with a revealed workforce has extra possibilities of success for 2 major causes :
1- The Group beneficial properties extra confidence as a result of now they know who’s behind this undertaking.
2- The workforce has a concern as a result of now in the event that they do something flawed individuals know who they’re.
And within the on-line world, as soon as you already know someone, you could find them wherever. By revealing their faces, the MAGA workforce has cleared one factor that they don’t have any intention of turning into a foul actor with this undertaking. They’re on the Nashville convention and Donald can also be going to be there. Let’s see if the MAGA workforce will get assist from Donald Trump, which can trigger the value of this undertaking to skyrocket. Regardless that the PolitiFi cash are very tempting, this isn’t a monetary recommendation and this text is for academic objective solely. Take your monetary choices primarily based in your DYOR.
