[ccpw id="5"]

front pageToday's News“Dudu Price Prediction: New Solana Meme Coin HONK Rise Again to 144%, Experts Say This New Presale Could Be Booming.”

“Dudu Price Prediction: New Solana Meme Coin HONK Rise Again to 144%, Experts Say This New Presale Could Be Booming.”

-

HONK price surged 144% in the past 24 hours to $0.0237 as of 1:30 AM EST. Trading volume surged 129% to $7.5 million. HONK is a meme coin newly introduced to the Solana blockchain, entering the market earlier this week and boosting its popularity by showcasing a funny goose mascot that attracts the attention of individual investors.

HONK has experienced significant growth in its first two days of trading, reaching a market cap of $9.7 million and a weekly gain of 6,34%.

“HONK’s primary goal is to take competition with BONK to a whole new level and leverage the power of memes to propel itself to the top of the memecoin space on the Solana blockchain,” the token’s description on CoinMarketCap states.

HONK Price Faces Resistance, Can Bulls Maintain Momentum?


HONKUSDT chart analysis. Source: Tradingview.com

HONK price experienced a brief consolidation period after the gains, from which investors made huge profits, reaching the $0.020 resistance point. However, the bulls have gathered enough energy to push the price higher and break out of the consolidation phase. The $0.031 resistance level prevented the bulls from making further profits as the price has been tested three times. This allowed the bears to apply pressure, causing the price to fall. The 50-day Simple Moving Average (SMA) is also bullish and acts as a support for the price. The Relative Strength Index shows a rebound above the 50 neutral level. If the bullish momentum continues, the RSI is likely to rise back to overbought levels.

HONK Price Prediction
The overall trend of HONK is bullish and the 50 SMA is bouncing off the uptrend. If the bullish momentum continues, the bulls might reach a high of $0.04 above the current $0.031 resistance level. However, if the price breaks below the 50 SMA, this might force the bulls to seek shelter at the $0.012 support zone.

If you are looking for a token with similar potential, Sponge V2 is providing such an opportunity. After its launch last year, many investors have already included Sponge V2 in their portfolios.

Sponge V2 aims to emulate the notable success of Sponge V1, which had a support base of 13,000 holders and was listed on more than a dozen exchanges including LBank, Toobit, CoinW, BTCEX, and BitMart.

Tron founder Justin Sun bought $SPONGE worth more than $90,000 last year, which helped boost sentiment towards the token. This was after he expressed interest in trading meme coins and promising projects in a post in May 2023.

If you hold $SPONGE, you can stake your tokens and earn $SPONGEV2, with an annual interest rate of up to 270%. The total value of staked SPONGE tokens has exceeded 5.9 billion.

The Sponge team will also launch "Sponge Racer", a play-to-earn game that is expected to attract new investors and players. The game will be open to everyone, with both free and paid versions. The power source of the game is the fascinating Bikini Bottom, where you can collect Sponge tokens during exciting underwater adventures, which create opportunities to explore iconic scenes and unlock beneficial incentives.

To join, you can first visit the official website of Sponge V2 and link your digital wallet to exchange your ETH or USDT for V2 tokens. You can also purchase directly with a bank card.

Related News
Bitcoin Price Prediction: Experts predict bullish trend until 2024
Best Penny Crypto Investments: Top Picks for Explosive Growth in 2024
Where to Buy Presale Crypto: Unlock Exclusive Early Investment Now!
How to Buy Bitcoin Online Safely
New Crypto Mining Platforms – Bitcoin Mining
Rating


Coinsult Review
Decentralized and secure cloud mining
Earn Free Bitcoin Every Day
Native Token Presale Now Available – BTCMTX
Over 100% APY staking rewards


learn more
Join our Telegram channel for the latest breaking news coverage

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Information Recommendation

How to Buy Green Bitcoin Presale – Alessandro Crypto Video Review

Crypto influencer Alessandro De Crypto has invested in the presale of Green Bitcoin (GBTC), a new environmentally friendly token inspired by Bitcoin that offers the potential for high returns. Driven by the recent surge in Bitcoin (BTC) and the market as a whole, Green...

Can Dogecoin break $1 this year? Or should investors focus on another upcoming cryptocurrency?

As a professional translator, I will translate this news article accurately and keep the sentences fluent. The following is the translation: As an online meme coin, Dogecoin has caused a lot of discussion in the cryptocurrency world, and many people are curious about whether it can reach the $1 milestone. This article explores...

Today's cryptocurrency gainers: ICON, Sui Crypto, Mantle, Litecoin

随着对即将到来的比特币减半事件的期待日益增加,全球加密货币社区发现自己面临着推测和战略规划的十字路口。超越表面的兴奋之下,人们对这一事件如何重新校准比特币生态系统的动态有了更微妙的理解。 随着区块奖...

Pepe Price Prediction: Pepe Plummets 7% Despite 143 Billion Whale Buys, This 2.0 Meme Coin Aims for 100x Again

Join our Telegram channel to get the latest news reports in real time. PEPE price fell by 7% in the past 24 hours and is currently trading at $0.00000782 at 6:04 EST trading session. The trading volume fell by 36%. PEPE is leading the much-watched...

Follow us

0FansLike
3,888FollowersFollow
0SubscribersSubscribe

Latest News

en_GBEnglish