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Myro price has increased by 21% in the past 24 hours and is trading at $0.215, with trading volume increasing by 20% to $61 million.
Myro price continues to recover above the lower boundary of the ascending triangle at $0.16 on rising trading volumes, indicating a sustained bullish trend.
Myro price is bullish with the price trading above the 50-day and 200-day simple moving averages. This further confirms the existing bullish sentiment, establishing a short-term support level.
A golden cross was formed at $0.02, further solidifying the overall bullish momentum.
The relative strength index (RSI) rebounded from the 30 oversold level to 60, indicating possible buying pressure. If the bullish momentum continues, the RSI will cross the 70 overbought threshold.
Myro price is bullish and aims to break above the $0.3 level.
MYROUSD chart analysis source: Tradingview.com
The bullish investors are trading along the ongoing uptrend inside the ascending triangle pattern. There are high expectations for a breakout above the upper boundary of the ascending triangle.
If the previous resistance level of $0.2597 is broken, the bulls will push the Myro price to break new resistance levels with a target of $0.3.
However, if the bullish momentum fails to sustain, the bears could sink the price to the support area at $0.16 and below the lower boundary of the ascending triangle.
While we wait to see what direction the Myro price will take, investors are jumping in to buy SpongeV2 expecting a 100x return by 2024.
Sponge V2 will be listed on exchanges soon, this is the last chance to buy
Sponge V2 is getting ready for release and is highly anticipated. If you missed out on the 100x return of SpongeV1 in 2023, SpongeV2 will give you the last chance to buy and hold tokens and potentially earn a substantial return.
10 exchanges are not enough?
#SpongeV2 will be listed on bigger and better exchanges!
You are not ready for what is coming
#SpongeV2
#MemeCoin
#Presale
pic.twitter.com/LdXRYu65Z8
– $SPONGE (@spongeoneth)
January 23, 2024
SpongeV1’s market value once exceeded $100 million, attracted more than 13,000 platform holders, and was successfully listed on more than a dozen centralized exchanges including LBank, Toobit, and BitMart.
SpongeV2 aims to outperform its predecessor, Sponge V1, attract new investment, and achieve significant milestones, having already surpassed $6.3 million in staked and bridged tokens prior to launch.
Sponge V2 stands out not only for its improved staking system, but also for the introduction of Play-to-Earn (P2E) gaming functionality, expanding the ways to make money through interactive gaming.
#SpongeV2 is not just another token; it is a game changer with innovative #P2E gaming and enhanced staking rewards.
Who is ready to achieve a 100x return again?
#AltGem
#Trading
#MemeCoin
pic.twitter.com/Is3GTemDwN
– $SPONGE (@spongeoneth)
January 20, 2024
The Sponge team is eagerly looking forward to the launch of their new P2E game “Sponge Racer” which is expected to attract new investors and players. In this game, players will use Sponge V2 tokens to participate.
Tron founder Justin Sun acquired more than $90,000 worth of SPONGE tokens last year. This move is consistent with his previous statements on X, where he expressed his intention to invest in projects with potential. His acquisition of SPONGE tokens shows his confidence in the project's growth and scalability.
I have decided to actively trade meme coins and promising projects through my public address. Please note that I will personally bear the potential losses from these trades, and any profits will be donated to charity.
– HE Justin Sun (@justinsuntron)
May 11, 2023
By holding SPONGE tokens, you have the option to stake, and at the end of the staking period, you will receive rewards in the form of SPONGEV2 tokens. By staking your Sponge tokens now, you will receive an impressive annualized yield of 278%.
Earn passive income just by staking your $SPONGE!
Join #SpongeV2 takeover and enjoy our current 300%+ annualized rate of return
Absorbs moisture!
#MemeCoin
#Presale
#Staking
pic.twitter.com/OJ08MgMmWy
– $SPONGE (@spongeoneth)
January 19, 2024
Conor Kenny, a popular YouTuber with more than 178,000 subscribers, said the project has the potential to mimic or even surpass the explosive growth of Sponge V1 in 2023.
To purchase Sponge V2 tokens, visit the official SpongeV2 website and connect your digital wallet to Ethereum or USDT to exchange for V2 tokens. You can also purchase directly with a bank card.