Solana

Samoyedcoin Price Forecast: SAMO Surges 30% As Investors Rush To Buy This 100X Meme Coin Before Time Runs Out

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The Samoyedcoin value surged 30% during the last 24 hours to commerce at $0.01505 as of 4:00 a.m. EST time. 

The soar follows a current airdrop that fueled elevated engagement on SAMO, evidenced by buying and selling quantity that soared 238%.

Samoyedcoin Worth Outlook 

From a technical standpoint, with the Relative Power Index (RSI) as the first indicator, momentum is rising. That is seen with the RSI approaching the 70 (overbought) area.

This implies rising shopping for strain that might ship Samoyedcoin value additional north. In the identical approach, the Superior Oscillator (AO) indicator can be within the constructive territory. It reveals the bulls nonetheless have a presence within the SAMO market. Each these level to the percentages favoring the upside.

Moreover, the Common Directional Index (ADX), an indicator utilized in gauging pattern strengths, is lowering. This hints that the pattern that noticed Samoyedcoin value report decrease highs can be dropping power. This favors the upside. This factors to mounting bullish momentum on the meme coin as holders may now be shopping for the dip after the rejection on January 9. 

TradingView: SAMO/USDT 4-hour chart

Conversely, cognizant that the AO is reverting in direction of the midline with crimson histogram bars, the bears are additionally at play. The tug of battle between the bulls and the bears for dominance may see the Samoyedcoin value drop if the bears have their approach. To defend in opposition to this, the bulls should defend the assist provided by the 100-day Easy Transferring Common (SMA) at $0.0136868

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In the meantime, because the Samoyedcoin value works out its subsequent transfer, Sponge V2’s SPONGEV2 token is having a blowout presale and is ranked among the many top presales of 2024.

Promising Various To Samoyedcoin

Constructing on the triumph of Sponge V1, Sponge V2 strives for a exceptional 100-fold return on the preliminary funding

Using the offered widget, SPONGE V2 opens the door for buying and staking the token, yielding a bonus in V2 tokens at a good charge of $0.000946 per token. 

Sponge V1 hit a market cap of $100 million and secured listings on over ten centralized exchanges, together with LBank, Toobit, CoinW, BTCEX, Poloniex, MEXC, Gate.io, Bitget, BitKan, and BitMart. The group additionally grew to over 13,000 holders.

Justin Solar’s Influence on SPONGE

Investor and dealer optimism has been boosted by the participation of Tron founder Justin Solar. In Might 2023, Justin Solar revealed his plans to swap meme cash for potential initiatives, persevering with his prior assertion about his intention to amass enticing meme cash. In the mean time, Solar has $SPONGE valued at about $90K.

In response to crypto safety firm PeckShield’s information, 6,166 ETH had been transferred from Binance to a pockets linked to Justin Solar, suggesting he may very well be eyeing Sponge V2 and different meme cash. On the present market value of ETH, this quantity is value $14.7 million.

Token Staking

Staking the unique V1 token grants entry to the optimized gaming-centric SPONGE V2 coin. After staking, tokens will robotically bridge at a later date. Token holders are urged to remain up to date by the venture’s social media channels, together with X and Telegram.

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Choosing the premium version permits spending $SPONGEV2 tokens to amass extra sport credit, enhancing probabilities of incomes extra $SPONGE.

Cryptocurrency YouTuber Jacob Bury, boasting over 26,000 followers, shares insights on SpongeV2’s revenue potential, expressing optimism about its prospects and foreseeing a possible 10X for traders.

Join your Web3 pockets to the official Sponge V2 web site, facilitating the change of ETH or USDT for V2 tokens to buy the meme coin. Direct financial institution card purchases are additionally obtainable for these looking for an easy transaction.

With the Samoyedcoin value approaching a correction, now can be time to stack up on some Sponge V2 tokens for future positive factors.

Get your SPONGEV2 right here.

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