Stargate Finance's STG Prospects: Gearing up for a Stellar 53% Surge

Stargate Finance’s STG Prospects: Gearing up for a Stellar 53% Surge

Updated: 17 August 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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Stargate Finance (STG) has experienced a downturn.

Over the past 24 hours, STG’s price has declined by 2.1% and is now trading at $0.58 as of 10:24 a.m. EST. In addition, its weekly and monthly performances have decreased by 6.1% and 7.1%, respectively.

Following a rejection at the $1.38 mark, bullish efforts have been undermined as bears exert downward pressure on the price.

Despite the price finding support and the bull’s attempts to initiate an upward push, the bears have maintained control over the price.

Furthermore, there’s evidence of a double-top pattern, with the price dropping to the neckline, providing support. This pattern suggests a potential downward trajectory below the neckline, with a target support level of $0.45.

Confirming this bearish sentiment are the price indicators. The 50-day and 200-day moving averages are positioned above the price, currently at $0.72 and $0.62, respectively.

In addition, the relative strength index (RSI) is at 40 and trending downward, signifying increased selling pressure and a potential movement toward the oversold region around 30.

Based on the analysis, the double bottom pattern and support from the simple moving average suggest that the bears could drive the price down to the $0.45 support level.

Conversely, there might be a possibility that the price could rebound on the neckline at $0.57, allowing the bulls to recover their losses with crucial resistance at $0.71 and $0.98.

The Chimpzee token might be a favorable venture for STG investors as it offers low prices in its presale funding, making it a better alternative for STG.

Chimpzee a Better Alternative to STG?

The Chimpzee token is a groundbreaking concept that combines financial opportunities with a commitment to environmental preservation and animal welfare.

With its presale phase at its 9th stage, the project has only one day until the subsequent price increase. It has successfully sold a total of 1.9 million CHMPZ tokens.

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— Official Chimpzee Project (@RealChimpzee) August 17, 2023

The project’s tokenomics have been meticulously planned to include charitable initiatives, community incentives, and allocations for product advancement. Within the Chimpzee framework, a variety of NFT passports are now available.

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A win-win for all! Don't forget, up to 100% Bonus ends soon – grab your $CHMPZ now!🚀https://t.co/Geog3EVuMC #GreenCrypto #EcoCrypto pic.twitter.com/UdWDODxqYA

— Official Chimpzee Project (@RealChimpzee) August 17, 2023

These passports enhance earnings, increase prizes, and provide exclusive access to features reserved for the Chimpzee community.

Offered in Diamond, Gold, Silver, and Bronze tiers, these passports are designed to stimulate user participation and excitement. Three potential revenue streams drive the project.

Chimpzee (CHMPZ) Successful Presale and Token Burn

The Chimpzee (CHMPZ) presale has displayed remarkable success, having raised $1.207 million in funding, exceeding its initial projections.

With a well-defined roadmap that includes the burning of 1 billion tokens at every 200,000 milestones, participants not only have the opportunity to benefit from exclusive bonuses tied to their investments but also play a crucial role in shaping the trajectory of the token’s value.

🌟Join the #Chimpzee Challenge to burn 10B tokens and cut supply below 50B!🔥

🔥 #Chimpzee will be burning 1B tokens with each 200K milestone!

🚀 Boosting the value of $CHMPZ #Tokens!

Grab the current bonus for extra FREE $CHMPZ tokens! 🎉

💰 $150 + = 178,471
💰 $250 + =… pic.twitter.com/jrPudxZC0q

— Official Chimpzee Project (@RealChimpzee) August 10, 2023

The Chimpzee team is currently distributing approximately ten million CHMPZ tokens. The airdrop’s allocation is directly proportional to the holdings of individual investors.

The project’s official website also confirms the burning of 10 billion tokens, with intentions for further burn events.

The current presale phase offers the CHMPZ token for $0.00085.

After the presale, the tokens obtained from the airdrop will be added to investors’ wallets as part of the Token Generation Event.

Chimpzee has set its exchange listing price at $0.00185, representing a significant increase of 2.17x compared to its current value.

To acquire CHMPZ tokens, visit the Chimpzee website and connect your wallet. This connection enables you to exchange your USDT or ETH for CHMPZ tokens. You can also buy CHMPZ using your bank card.