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Minu Price Prediction: MINU Pumps 40% As Experts Say This Other Meme Coin Sensation On Polygon Might 100X

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MINU price
MINU price

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The Minu price has soared 40% in the last 24 hours to trade for $0.0.0000004413 as of 4:20 a.m. EST time.

Trading volume jumped almost 90%, suggesting growing interest in MINU as the meme coin trends on CoinMarketCap, outperforming even the king of cryptocurrency, Bitcoin (BTC).

Amid the frenzy, MINU’s market capitalization has soared to $2.22 million, with the surge in interest inspiring ambition among investors for a $10 million market cap.

Elsewhere, DeFiLlama has recognized MINU for its strong utility.

Minu is the first mining dog coin on Binance Smart Chain (BSC). The project has its own decentralized app where miners get an 8% daily return in form of BNB.

Minu Price Prognosis

The Minu price could have move upside potential as it sits in the upper range of the market above the 50% Fibonacci level of $0.0000002237. The 7-day Smooth Moving Average (SMMA) is providing support at $0.0000002156, bolstering the case for the upside.

The Relative Strength Index (RSI), which quantifies trend strength, is northbound. This shows that buyer momentum is still rising and bolsters the case to the upside. The Moving Average Convergence Divergence (MACD) reinforces this, as it is northbound with large volumes of green histogram bars. The position of the MACD above the signal line (orange band) also accentuates the bullish thesis, hinting at a possible renewed bullish cycle.

Enhanced buyer momentum could see the Minu price extend the gains to clear the $0.0000005000 psychological level.

MINU

TradingView: MINU/USDT 1-day chart

Converse Case

On the other hand, if traders start to cash in on the gains made so far, the Minu price could drop to lose critical support due to the equal highs at $0.0000003476. Further, south, the Minu price could slip below the $0.0000002767 support, or lower, descend below the $0.0000002237 support level. A break and close below this level would invalidate the prevailing bullish thesis.

Besides MINU, another trending project in the crypto corridors is Sponge V2, which analysts say is among the best crypto ICOs of 2024.

Promising Alternative To MINU

Sponge V2 is one of the latest meme coin sensations, building on the success of its predecessor, Sponge V1. The forerunner made headlines during the May 2023 season with 100X gains after launch. Now investors and analysts alike anticipate even better performance from the new player.

Taking the baton from Sponge V1, Sponge V2 brings forth better features and increased value for token holders. Among them is staking, providing an opportunity to earn passive rewards.

Standing among the top three presales to buy in 2024, Sponge V2 features among the strongest contenders in the meme coin space with analyst Alessandro De Crypto saying it will be the next big meme coin star, following in the footsteps of DOGE, BONK, and PEPE.

https://www.youtube.com/watch?v=AHNZ-7fGcGY&pp=ygUJc3BvbmdlIHYy

This meme coin presale continues to break records despite a gloomy market for altcoins, causing analysts to say it is among the best meme coins with the potential for exponential gains.

The token is committed to surpassing the achievements of Sponge V1, with forward-looking investors already showing support. They are drawn to the project’s new features and benefits for token holders, with fast-moving traders already capitalizing on the new avenues. These include:

  • Exploring iconic locales
  • Navigating thrilling obstacle courses, and
  • Potentially unlocking lucrative rewards

The project introduces a unique token distribution method, stake-to-bridge, where users stake their older tokens for the new version. The staking function has received massive support, with upwards of 8.471 billion tokens already staked. The holders enjoy an impressive annual percentage yield (APY) of over 191%.

YouTuber Jacob Bury anticipates the potential for 100X gains at launch, especially following its migration to the Polygon network.

SpongeV2 on Polygon

That migration was inspired by a recent malicious attack on its liquidity pool. The move is a precaution to prevent future attacks as all Sponge holders migrate to Polygon. There, they can enjoy more security, efficiency, speed, and affordability.

https://twitter.com/spongetokenV2/status/1754703177167819085

New entrants into the Sponge V2 ecosystem can acquire the tokens through the website using ETH, USDT, or a credit card.

Those who do not already hold SPONGE V1 must purchase the V1 version. You can then stake these holdings in the bridging contract. Find details on the Sponge.vip website.

For more information and to buy Sponge V2, visit the website here.

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