Trader Bonk Guy said on Sept. 29 that MarsCoin (MARSCOIN) has shown a "very clean" technical setup and may be ready for a major move higher in the fourth quarter. In his view, the influence of BNB and BNB Chain continues to grow in the current cycle, while MarsCoin is picking up multiple narratives tied to Elon Musk, CZ and SPCX. He said those factors are helping the token’s fundamentals take shape.
Bonk Guy also pointed to his past involvement in promoting several Musk-themed meme coins during the previous cycle. He said SHIB and DOGE at one point reached market capitalizations of $40 billion and $80 billion, respectively. He added that Binance is currently supporting SPCX through a rewards program and is allocating part of trading fees to related incentives, which he said could mean the market is underestimating MarsCoin’s potential performance ahead.
BlockBeats reported on Sept. 29 that trader Bonk Guy said MarsCoin (MARSCOIN) has recently shown a "very clean" technical structure and may already be positioned for a sharp move higher in the fourth quarter.
Bonk Guy said the influence of BNB and BNB Chain has continued to increase in the current cycle. He added that MarsCoin is also tied to the combined "Elon Musk + CZ" theme, along with narratives such as SPCX, with fundamentals gradually taking shape.
He also said that in the previous cycle, he had been involved in pushing several Musk-themed meme coins higher, with SHIB and DOGE at one point reaching market capitalizations of $40 billion and $80 billion, respectively.
According to Bonk Guy, MarsCoin in this cycle carries Musk, CZ and SPCX-related themes at the same time. He added that Binance is currently supporting SPCX through a rewards program and is directing part of trading fees into related incentives, which could mean the market is underestimating MarsCoin’s future potential.
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