Puppy (Ordinal) Price Prediction: PUPS rises by 25% as traders turn to this 2.0 Internet meme coin, and its record of 100-fold growth attracts attention

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In the past 24 hours, the price of Pups (Ordinals) has increased by 25% to $61.08, and the trading volume has decreased by 28% to only $6.7 million.
This is because the token plans to migrate to Runes using BRC20 and Ordinal pre-runes as a minting/burning token. As Bitcoin Runes, PUPS will be issued directly on the Bitcoin network.
As the first meme token on the Bitcoin network, the token continues to attract a lot of interest from investors and has received significant exchange listings, the latest of which is on SuperEX.
#SuperEx
New Releases
#PUPS
Availability:
$PUPS
⏰ Trading start time: 08:00, April 16, 2024 (UTC)
▶️Deposit time: Open
⚖️Trading area:
#BRC20
Details:
https://t.co/OBATgviegU
Trade here:
https://t.co/FTMacF6fTb
pic.twitter.com/Jfcu9B3xu2
– SuperEx (@SuperExet)
April 16, 2024
Pups (Ordinals) Price to Continue Rising in Descending Wedge Chart

PUPSUSD chart analysis Source: Tradingview.com
The price of Pups (Ordinals) has been on an upward trend since its launch, rising by 12,15% in the past 30 days and 71% in the last week.
However, for the past five days, PUPS has been in a downtrend, trading within a falling wedge chart pattern and finding support around $42. This support is providing some support to the bulls as it acts as a buffer against the downward pressure. The bulls are pushing the price higher and have broken above the upper boundary of the falling wedge chart.
Moreover, PUPS is trading above the 50-day simple moving average (SMA), which confirms the bullish potential for the price.
The relative strength index has also rebounded above the 50 midline and is approaching the 70 overbought zone. If the $42 support flip holds, the PUPS could surge above the 70 overbought zone, a sign of continued investor optimism and overall potential to drive prices higher.
Pups (Ordinals) Price Prediction
The formation of a falling wedge pattern suggests that the upward momentum in the price of Pups (Ordinals) may continue, which could drive the price higher. The relative strength index suggests that investors are currently in a buying frenzy, which could drive the price higher again and recapture the all-time high of $152.
However, currently, the falling wedge pattern sets the bulls’ target at $100 after a breakout of the resistance around $75.
On the other hand, if the bears continue to exert downside pressure, the price could break below the lower boundary of the wedge pattern and drop to $39.64.
As PUPS traders prepare for another wave upwards, investors are also buying $SPONGEV2, excited about the upcoming exchange listing.
Sponge V2: Best chance for 100x returns?
Sponge V2 (SPONGEV2) is a meme token that aims to replicate the 100x gains achieved by its predecessor Sponge during last year’s bear market.
#SpongeV2
Take off in 2024
#Crypto
#MemeCoin
#Alts
#100x
pic.twitter.com/GQQSbLPNla
– $SPONGE (@spongeoneth)
March 29, 2024
With this proven track record, the much-anticipated Sponge V2 token is now entering the market with the promise of continued growth and innovation. One of the main features it emphasizes is community engagement and utility.
After deprecating Sponge in early February, the development team enabled over 13,000 holders to easily move to V2 tokens on the more secure and cost-effective Polygon network.
With the coming of larger exchanges and the increase of
#P2E
Practicality,
#SpongeV2
It will get bigger and better!
We are not here to participate, we are here to take over!
$SPONGE
#Crypto
#Web3
#Alts
pic.twitter.com/BlGZhYKjoe
– $SPONGE (@spongeoneth)
March 27, 2024
A key new feature added to Sponge V2 is the staking option, which allows investors to earn an annualized yield of 353% on the Polygon network and 165% on the Ethereum network.
The team also plans to release a game called Sponge Racer, which will have both paid and free versions. Players will compete in racing events and receive tokens as rewards.
Don't forget,
#SPONGERS
!
#SpongeV2
Through our upcoming
#P2E
The game brings exciting practicality!
Get ready to earn by playing games and ranking on the leaderboards
$SPONGE
Tokens.
Stay tuned for more information!
#MemeCoin
#Crypto
#Alts
#100x
pic.twitter.com/5aaLxGz8N1
– $SPONGE (@spongeoneth)
March 22, 2024
According to 99Bitcoins, a popular cryptocurrency YouTube channel with over 700,000 subscribers, Sponge V2 is one of the best meme coins to invest in this year, with the potential to break out when it is listed on new exchanges.
To participate in the pre-sale event,
You can buy Sponge V2 tokens on the official website
. Link your digital wallet with ETH or USDT for V2 token exchange. You can also purchase directly with a bank card.