Gorilla prices have increased 10% over the past 24 hours to $0.00717 per coin as of 12:00 AM EST.
The recent rally has put the meme coin on CoinMarketCap’s list of top coins of the week.
Among these coins, Jupiter (JUPI) leads the pack, while Flare (FLR) is gaining interest due to its gains.
Keep an eye on these coins, they are making waves in the market! For more popular coins, please click on the link: https://t.co/javrhjEcHI
Gorilla Price Prediction: Will Gorilla Continue to Rise?
By analyzing the 2-hour GORILLA/USDT chart, we can see that GORILLA's price action is represented by red and green candlesticks, with red representing bearish (falling) periods and green representing bullish (rising) periods. This shows a relatively volatile trading period. The PPO line is relatively flat, indicating that there may not be a clear trend.
On the other hand, the Money Flow Index (MFI) is 63.91, which is relatively high and generally indicates a bullish market, but not yet in overbought territory. However, approaching overbought conditions requires caution against a pullback in the short term.
By observing the Auto Pitchfork tool, which is a tool consisting of parallel trend lines that can identify potential support and resistance levels for price, we can see that the price has been trading within the Pitchfork, bouncing between the median line (center trendline) and the outer boundaries, and later broke through the support of the Pitchfork. This indicates that the Gorilla price has the potential for a bullish reversal or continuation of gains since support has been broken.
Meanwhile, investors are rushing to buy the Sponge V2 memecoin in anticipation of its upcoming listing, which is expected to repeat the 100-fold gains of its predecessor $SPONGE last year.
Jacob Bury, a cryptocurrency analyst and YouTuber with over 27,000 followers, ranked Sponge V2 as one of the best pre-sale investments for 2024.
As an attractive memecoin alternative to Gorilla, SpongeV1 reached a market cap of $100 million and amassed more than 13,000 holders, prompting Tron founder Justin Sun to buy the tokens, now worth around $90,000.
I have decided to actively trade memecoins and promising projects through my public address. Please note that I will personally bear the potential losses that may arise from these transactions, and any profits will be donated entirely to charity.
After officially retiring Sponge V1 on February 5, all $SPONGE holders have migrated to Sponge V2 on the more secure Polygon network.
Important Information:
The exchange is preparing to transition from $SPONGE V1 to V2!
Please check out the following article!
1️⃣
@bitgetglobal
https://t.co/by2YqzvyUp
2️⃣
@Mex
https://t.co/dMbCUvVuG7
#SpongeV2
#Crypto
#Web3
#Altcoins
#MemeCoin
pic.twitter.com/hHSWtAurPJ
The V2 project introduces some exciting new features, such as staking tokens on Sponge V2, which currently earns an incredible 1702% annualized yield. This staking mining program provides another opportunity to make big money for investors who may have missed out on the gorilla price increase.
However, with Sponge V2 set to be listed on major exchanges soon, the time to buy its tokens is decreasing.
To participate in the presale, visit the official Sponge V2 website and connect your digital wallet with ETH or USDT to exchange V2 tokens. You can also purchase directly with a bank card.
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