Moving forward, we’ll look at the Messi Coin crypto asset and help you understand what this altcoin is all about. You’ll also find out why the MESSI token was launched recently and whether or not it has any official connection with the legendary soccer player Messi.
We will also take a closer look at the token’s price action and point out some of the current levels of importance. Plus, we’ll consider the most popular soccer-oriented tokens to try and predict the best-case scenario for the MESSI token.
While all this info will be of value to you if you are considering getting a bag of this alt, the real gem awaits you in learning how to access Messi Coin’s on-chain data. After all, we’ll share with you the Moralis Money token page for this “soccer” crypto. The latter enables you to see this coin’s on-chain activity to determine whether it is still a good buy or not.
Additionally, since the MESSI token is just one of the countless altcoin opportunities, we’ll teach you how to use Moralis Money to spot alts with potential before they pump.
What is Messi Coin?
Messi Coin is a new cryptocurrency minted on June 13th, 2023, on the Ethereum chain, and it follows the ERC-20 standard.
As you can see by looking at the MESSI token’s official website (screenshot above), the coin is all about riding the wave of Messi’s popularity. After all, it points out how this soccer legend has more than 470 million fans worldwide.
It’s also important to note that this token currently doesn’t have any use case. So, it’s a sort of meme coin or a fan coin if you want. As such, its success and price solely depend on how many folks decide to buy it. However, no matter what cryptocurrency you consider, whether the price rises or falls, it always comes down to supply and demand.
As you might have guessed, there is no official connection between this crypto project and Lionel Messi. So, whoever is behind the project (the team is anonymous) aims to give Messi fans in the crypto realm a chance to commemorate this great sportsman. Of course, there’s also a possibility that a person/people behind MESSI just aim to capitalize on this Argentinian treasure.
Since the token went live only a week after the official announcement that Messi most likely plans on joining the MLS club Inter Miami, this timing indicates that whoever is behind this coin aims to ride this news. According to the initial pump of the token, the plan is working.
While Messi’s decision is not yet final, Messi will likely be going to the United States of America. As such, MLS (Major League Soccer) is already talking about making its presence larger than other leading sports leagues due to the “Messi effect.”
Tokenomics of the MESSI Token
Messi Coin has a surprisingly low total supply; it is capped at only 100,000,000 MESSI tokens. As such, a price per token (= market cap/total supply) could reach relatively high prices if the token continues to attract more buyers. While this value doesn’t really matter, people tend to look at it and believe that a token with a higher price is more valuable.
As far as the distribution of MESSI goes, this is what you can find on the token’s official website:
You can see that a large percentage of the supply lies in the hands of the creators of MESSI. Hence, make sure to be cautious trading and especially holding this token. After all, the team is not doxxed, and it’s impossible to know what its true intentions are.
Messi Coin Price
Since this coin has been trading for just over two days now, there’s obviously not a lot of price data to work with. However, we can still look at a 30-minute MESSI chart:
Looking at the above chart, you can see the rather impressive price appreciation of MESSI. The token went from its initial price of $0.00008891 – which is also the token’s all-time low (ATL) – to its current all-time high (ATH) at $0.03485 in just one day and 15 hours. That’s a nearly 400x increase in 39 hours!
If we look at the above price action more closely, we can see that MESSI spiked more than 60x within the first two hours of trading. That initial pump was mainly reserved for traders who knew the token was going live. However, that initial rally was backed by a lot of on-chain traction. As such, Moralis Money Pro users were able to spot MESSI. Its 40%-plus retracement gave them a chance to get their bags of this soccer-fan token. Those who took action were able to enjoy the 10x-plus run that followed.
Of course, like all altcoins, especially new ones, MESSI is highly volatile. As such, the path to the ATH price included several 30%-60% pullbacks.
After reaching the current ATH, MESSI cooled down a bit and retraced for roughly 44% to find support at the $0.019-ish region. The token also had a meager trading volume during this cool-off period. However, at the time of writing, MESSI is breaking out of the recent downward trendline with an increase in volume.
Current levels of significance for the MESSI token:
- $0.003-ish
- $0.005-ish
- $0.011-ish
- $0.017-ish
- $0.019-ish
- $0.022-ish
- $0.024-ish
- $0.028-ish
- $0.030-ish
- $0.03485 (ATH)
$MESSI Price Speculation
Since the MESSI token is unique – a mixture between a meme coin and a fan coin, there’s no exact comparison to other tokens. However, for the sake of this MESSI price speculation, let’s compare it with the leading soccer club cryptos. According to ATH market caps, these are FC Barcelona Fan Token (BAR), Paris Saint-Germain Fan Token (PSG), and Manchester City Fan Token Price Chart (CITY).
All of the aforementioned crypto tokens peaked in August 2021, which was the time when Bitcoin crossed the $64k mark for the first time to set its at-the-time ATH.
While the exact ATH market cap values of BAR, PSG, and CITY vary a bit, we can presume that they all reached the $125 million mark. As such, let’s take that value and divide it by MESSI’s total supply. So, this sort of speculation predicts that Messi Coin has the potential to reach $1.25 per token in the upcoming bull market. That would be another 35x price increase from the current MESSI’s ATH.
MESSI Token’s On-Chain Data – Brought to You by Moralis Money
As pointed out in the introduction, the most valuable data you need to consider when deciding to enter an altcoin awaits you on the blockchain. However, that data in its raw format is not useful, especially if you don’t have the proper coding skills.
Fortunately, you can thank an advancing team of experienced altcoin traders and Web3 developers for creating a powerful and easy-to-use tool that allows you to access on-chain insights with ease. Thanks to Moralis Money, you can now explore the most valuable on-chain data for all altcoins on the most popular chains. So, with this tool, you can explore on-chain data for Messi Coin with ease.
However, before we share the Moralis Money token page for MESSI, make sure to go through the following list that neatly sums up what Moralis Money is all about. After all, individual token pages are just a bonus – the real treasure awaits you in the form of dynamic lists of altcoin opportunities.
What is Moralis Money all About?
Here’s a list of Moralis Money’s core advantages:
- It is free – anyone with internet access can use this powerful tool.
- Provides user-friendly, easy-to-interpret, actionable results in seconds.
- Fetch parsed and neatly organized crypto insights based on real-time, on-chain data with just a few clicks.
- Use preset filters for a quick and easy start.
- Access Token Explorer and generate unique dynamic lists of altcoin opportunities by simply applying unique combinations of search parameters.
- Find tokens with potential early (before they pump) and finally overcome FOMO.
- Reduce the risk of entering scammy coins by considering Token Shield’s security scores.
- Use Token Alerts to search for new altcoin opportunities on autopilot and finally overcome time limitations.
- Search and explore any token and wallet address.
- Track your crypto portfolio.
- Collect Moralis Money magic beans daily and enjoy the rewards.
- Join the most amazing community of crypto degens.
- See new coins as they are being minted in real-time.
- Explore altcoin opportunities across multiple chains.
- Finally start spotting those 50x-plus altcoin gems before they pump.
Now that you know what Moralis Money is all about, you are ready to start using this powerful tool. If the MESSI token is still your primary interest, make sure to dive into that token’s page. By using the interactive widget below, you can explore the real-time, on-chain data of MESSI. However, this page includes other tools and resources that you ought to consider to properly research this altcoin.
Going Beyond the Messi Coin Project
Using the above information and resources, you should be able to determine whether or not you should buy a Messi Coin. However, whether you buy the MESSI token or not, you should look for other altcoin opportunities.
After all, there are thousands of existing altcoins that can pump at any moment. Plus, there are new coins coming out daily that can easily go on a similar rally as Messi Coin did. For instance, just look at meme coins like DUMMY, INEDIBLE, HPOS10I, EVERMOON, and INU. However, if meme coins are not your favorite cup of tea, you can focus on spotting some great upcoming DeFi projects instead.
By constantly discovering new crypto projects, you will be swimming in great opportunities!
Moralis Money Quickstart
By following these simple tips, you can get going with Moralis Money today:
- Generate your first dynamic list of tokens by applying one of Moralis Money’s preset filters:
- Get comfortable running your unique on-chain queries with Token Explorer by applying this five-step sequence:
- Select a metric
- Select the metric’s filter option
- Enter a value for that metric
- Select the timeframe
- Hit “Run Query”
- Increase your chances of success by combining the power of multiple metrics:
- Do you prefer to focus on newly minted alts? If so, use the Coin Age filter.
- If you prefer to focus on more seasoned altcoins, apply the Market Cap metric.
- Filter out garbage tokens or the ones that aren’t getting any on-chain tractions by using metrics like Holders, Buyers, Experienced Buyers, Experienced Net Buyers, and similar.
- Experiment with different Token Explorer metrics, values, and timeframes to find your winning combos. Once you find a query that gives you great results, save it!
- Do not forget to reduce your risks of being rug-pulled by considering Token Shield’s security scores:
- Start running your saved queries on autopilot and receive email notifications whenever a new altcoin opportunity presents itself:
- Always DYOR for potential altcoin opportunities by accessing the Moralis Money page for the token in question:
- Switch to other supported blockchain networks and find cross-chain opportunities:
- Make the most of Moralis Money by opting for the Pro plan:
- If you wish to experience the ins and outs of Moralis Money Pro before committing to monthly or yearly plans, take on the best crypto trial:
- Moralis Money has a lot of extra features and perks – make sure to explore all of them:
Should You Buy Messi Coin? Full Guide to the MESSI Token – Summary
In today’s article, we took a closer look at Messi Coin. You now know that the latter is a sort of hybrid between a meme coin and a soccer fan token. You also learned that the MESSI token has no official association with Lionel Messi or any other soccer organization.
We even looked at MESSI’s tokenomics and price action to help you determine whether or not this token still deserves your attention. However, you now know that the best way to determine when to buy a token is to look at its on-chain data. So, if on-chain momentum is increasing, the token is likely a good buy. This is what you can easily determine by looking at Moralis Money token pages.
Plus, you discovered that Moralis Money – one of the best crypto trading tools in 2023 also enables you to search for the best altcoin opportunities by applying a few simple filters. As such, you now know that you shouldn’t get fixated on the MESSI token but instead search for other alts with solid potential. And, by doing so, you’ll find altcoins before they pump!
We are not officially in the bull market yet. As such, now is the best time to master Moralis Money! That way, you’ll be ready once the market starts to rally as a whole.
Visit the Moralis Money homepage, or simply use the interactive widget below to start running your unique on-chain queries!
