The crypto market witnessed heavy liquidation over the weekend, losing billions of dollars. The trade wars between the US and China, Canada, and Mexico triggered a wide sell-off to protect assets. However, the crypto market made a comeback on Monday, quickly raising the Fear & Greed Index to 74. Investors are moving to low-cap assets that can be safe bets, and $CHONE could be a favorite for meme lovers.
Current Market Trend and Investors Bias
There’s a cloud of uncertainty over the crypto market. While many investors saw the dip as an opportunity to buy low, others remain cautious of buying too deep into the market.
Bitcoin (BTC) fell to its $91k region, pulling major altcoins with it, but quickly reclaimed its $100k region on the same day, rising above $102k. Big players like Ethereum (ETH) and Ripple (XRP) took some of the major hits, while altcoins like memes showed little price reaction to the crash.
This has shifted attention to meme coins generally, but more specifically, ones within the mid and low-cap range. Some of these memes recorded a 200% increase over the last 7 days, which covers days when big alts experienced outflows.
This inflow into mid- and low-cap memes could be a major indicator of investor bias this season. Another meme set to list on a major CEX in the coming weeks has caught investors’ attention with its interesting narrative and ecosystem plans. It’s called Chill Drone ($CHONE).
$CHONE Could Ride This New Wave
$CHONE is still largely undervalued compared to recent pumps in the meme market. With a market cap below $1 million, $CHONE could be a good investment pot for investors looking to maximize the meme frenzy that is very much in play.
Chill Drone ($CHONE) also deserves attention beyond just being a meme coin. It has worked hard to differentiate and position strategically through its narrative and ecosystem layout.
By introducing gaming with real-life rewards to its ecosystem, Chill Drone ensures that engagement with its tokens has a clear path for growth. The project recently disclosed in an update that there will be leaderboards with weekly rewards, bringing competition and incentives to keep the ball rolling.
$CHONE also rests on a narrative that has the potential to go viral because of its relativity. It highlights the constant hustle, pressure, and chaos that crypto investors face on a daily basis, looking for a profitable project to hold on to.
Chill Drone ($CHONE) counters with a narrative that investors don’t have to be immersed in all that chaos and can choose a project that allows them to walk at their own pace and embrace fun, humor, individuality, and creativity while floating to the moon.
$CHONE already reflects investors’ inflow with a 17% increase in its price in the last 24 hours. While its market capitalization fluctuates, it has maintained a steady range, showing stability amidst market volatility.
Early Entry Means Maximum Gains
Now that $CHONE hasn’t gained the typical hype of the meme coin market, it presents a good opportunity to buy in. According to a recent team update, $CHONE holders should expect its listing on a major centralized exchange (CEX) in the coming week.
The added rollout of its gaming feature in the same week will also increase the engagement around Chill Drone. As activities around $CHONE increase within its ecosystem, a potential surge in price could take place.
To learn more about Chill Drone ($CHONE), visit the following links:
This articles is written by : Nermeen Nabil Khear Abdelmalak
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By Nermeen Nabil Khear 
