Voyager Token's Voyage: VGX Could Double This Year

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Voyager (VGX) witnessed a sudden price surge on September 11, triggered by a false report about a Blackrock-Voyager acquisition.

This deceptive scheme briefly succeeded, propelling the token’s value by 8% and reaching its peak at $0.16. However, once the fake news was exposed and debunked, VGX underwent a swift and substantial depreciation.

VGX Token Surges on Fake BlackRock-Voyager Acquisition News pic.twitter.com/mUUNoMLj8I

— Bradicoin (@Bradicoin10) September 11, 2023

As of 2:18 a.m. EST, VGX has experienced a 0.2% decrease in the last 24 hours and is currently trading at $0.132.

VGX Consolidation Phase

VGX/USDT Chart Analysis. Source: Tradingview.com — VGXUSDT Chart Analysis. Source: Tradingview.com

VGXUSDT has been in a downward trend for several months but has now broken its bearish trendline, shifting into a consolidation stage that has lasted several weeks.

The price decline is further reinforced by the moving average crossover at $0.45, which confirms the prevailing bearish sentiment.

However, a falling wedge pattern has also emerged in the price chart, extending from a local high of $0.78.

This falling wedge pattern typically indicates a potential shift in trend in a bullish direction.

However, the price must break out of the consolidation phase to align with the falling wedge pattern.

Additionally, the bulls must still surpass the 50-day Simple Moving Average (SMA) during this consolidation stage to confirm the bullish surge.

A breakthrough above the 200-day SMA would confirm the onset of a bullish rally for VGX.

The Relative Strength Index (RSI) is bullish, trading at 56 above the neutral position of 50.

Considering the price support zones and the breakout pattern, there is a possibility that the RSI could surge even higher, indicating the considerable strength of the bulls in the market.

Based on chart analysis, it is suggested that the VGX price may potentially surge to $0.58 following a breakout above the consolidation stage.

However, a potential challenge awaits at the 200-day Simple Moving Average, which might lead to a significant price fall to $0.09

In the meantime, Wall Street Memes (WSM) is also making significant progress and is currently in the last stage of the presale phase and awaiting tier-one exchange listing in a few days.

This positions it as an attractive option for investors seeking high returns.

Wall Street Memes (WSM) Lists on Tier 1 Exchanges in 15 days

Wall Street Memes (WSM) has been a prominent player in the 2023 memecoin presales, achieving a remarkable feat by raising over $25 million in initial capital.

The Wall Street Memes project is in its final presale phase. It generates palpable anticipation as it inches closer to its highly anticipated launch on several top-tier exchanges in just 15 days.

This potential catalyst will increase substantial trading volumes and significant market activity.

When you’re so rich you don’t pay for anything pic.twitter.com/RVWMuI3H8b

— Wall Street Memes (@wallstmemes) September 10, 2023

Active engagement from influential figures such as Elon Musk and extensive coverage from reputable crypto publications add to the project’s credibility.

Moreover, prominent personalities in the cryptocurrency industry have openly expressed support on major platforms, including YouTube channels. Collectively, these endorsements underscore the significant potential of the WSM token.

The Wall Street Memes token has maintained a relatively stable price trajectory throughout its presale journey.

This resilience reflects the project’s steadfast commitment to ensuring fair distribution and effectively addressing concerns regarding potential price manipulation by concentrated investor groups.

Wall Street Memes High-Yield Staking Mechanism

Wall Street Memes has strategically positioned itself with its imminent listing on major exchanges and a deliberate focus on a high-yield staking mechanism.

This approach emphasizes stability and promotes token staking, playing a role in curbing sudden sell-offs and potential market crashes.

The rapid accumulation of staked tokens, constituting a significant portion of the circulating supply, vividly demonstrates the community’s enthusiasm for this incentive-driven mechanism.

Follow me for more trading advice, we make mistakes so you don’t have to pic.twitter.com/Ri8PiOrpNj

— Wall Street Memes (@wallstmemes) September 9, 2023

In the latest staking update, the total staked WSM has surpassed 212 million, offering an estimated annual percentage yield (APY) of 94%.

The project rewards participants with 75 rewards per block, and the total supply of WSM tokens amounts to 1.6 billion.

Wall Street Memes has amassed a staggering user base of over 1 million individuals across its various social media platforms and an impressive monthly impression count exceeding 40 million.

The project stands out by fostering an inclusive landscape for crypto investing by granting users access to an extensive library of memes that facilitate engaging content exploration and interactive experiences.

The WSM token is priced at $0.0337 per token in this presale stage, presenting an appealing entry opportunity for investors seeking to amass the token before an expected momentous surge in the upcoming months.

You can acquire WSM tokens via Ethereum (ETH), Tether (USDT), or conventional bank card transactions by linking your digital wallets to the WSM website.