Wen Price Prediction: WEN Soars 48% As Crypto Fear and Greed Index Hits Highest In 28 Months And This New Solana Meme Coin Promises The Mother Of All Airdrops

The Wen value has surged 48% within the final 24 hours to trade at $0.0000735 as of 5:06 a.m. EST on buying and selling quantity that surged 97% to $43 million.

The rise within the WEN value comes because the Crypto Worry and Greed Index surges to 79, a excessive not seen since BTC reached its all-time excessive of $68,000 after the bull run in 2021. 

The spike got here after BTC handed $50,000 on February 12, fuelled in some half by shopping for from Bitcoin ETFs (exchange-traded funds) that have been authorised final month.

Wen Worth Continues Its Bullish Momentum On A Rising Channel

The Wen value is presently on an uptrend after it broke out of a consolidation part that was forming round $0.00004. The present bullish rally has allowed the bulls to drive the worth up inside the rising channel, however they’re dealing with resistance at $0.000085.

WEN is presently buying and selling above the 50-day Easy Transferring Common (SMA), which affirms the present bullish momentum. The Relative Energy Index (RSI) is within the overbought area at 72, which is a sign of intense shopping for stress.

Furthermore, the Transferring Common Convergence Divergence (MACD) line (blue) is buying and selling above the sign line (orange), which additional confirms the bullish sentiments of the Wen value. Moreover, the histogram reveals that the inexperienced bars have been extending up over time, which coincides with the bullish rally of the worth.

The Common Directional Index is above 25 at 39, exhibiting that the present bullish development could be very sturdy.

Wen Worth Prediction

The Wen value is presently on an uptrend, with bulls aiming at driving the costs even increased up the channel. A double backside formation at $0.00004 offers stable assist for bulls. This provides sturdy prospects for the Wen value to focus on the following resistance at $0.0001.

Nonetheless, if the bears take management of the worth, there could also be a retrace again to the following assist stage at $0.000048.

Because the Wen value soars, some buyers are migrating to SMOG within the hope it’s poised to emulate the success of Solana-based meme cash like BONK, MYRO, HONK, and WIF. The Smog venture additionally guarantees to unleash the mom of all airdrops.

SMOG Poised To Be The Subsequent Huge Solana Meme Coin

The SMOG token is quickly gaining recognition as analysts hail it as the following massive factor amongst meme cash on the Solana blockchain. The present bull run is getting a tail wind from constructive sentiment across the Chinese language Lunar New 12 months of the Dragon celebrations, and SMOG can also be effectively positioned to realize from that with its dragon theme.

Purchase And Maintain $SMOG For A Likelihood At Enormous Returns From The Upcoming Airdrop

After Jupiter’s announcement of a $700 million airdrop on Solana, an occasion that reworked many into millionaires, SMOG is now providing a good bigger and extra engaging alternative.

Out of its 1.4 billion token provide, the Smog staff has allotted 35% for the upcoming airdrop. All you must do is purchase and maintain $SMOG to qualify for the airdrop. This incentive has introduced in quite a lot of buyers, which has considerably boosted the token’s reputation. 

The SMOG staff has additionally launched a staking characteristic on the Ethereum community, providing a 10% low cost on all SMOG tokens that you just stake.

Crypto knowledgeable and YouTuber Jacob Bury says that SMOG is a meme coin with the potential to yield a 1000X return on funding.

You should purchase the SMOG token on its official web site to be eligible for the upcoming historic airdrop. You may also purchase immediately on JUP DEX.

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