Pump.fun Price Prediction: PUMP Soars 16%, But Experts Say Consider This Trading Bot Token Presale For 10X Gains

The below article is sponsored, meaning Insidebitcoins may receive a commission for affiliate links in the content. Cryptocurrencies are high-risk investments, and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest.

Pump.fun price
Pump.fun price

Join Our Telegram channel to stay up to date on breaking news coverage

The Pump.fun price surged 16% in the last 24 hours to trade at $0.002779 as of 10:46 p.m. EST as traders start to enter into long positions for the crypto.

Despite the strong daily performance, the PUMP price is still in the red on the longer-term 7-day and 30-day time frames.

Pump.fun Price Consolidates, Will It Rally Soon?

PUMP Chart Image

4-hour chart for PUMP/USD (Source: GeckoTerminal)

The Pump.fun price has been in a consolidation between $0.002264 and $0.003015 in the last couple of days, data from GeckoTerminal shows. 

That period of sideways trading comes after a multi-day drop in the crypto’s price after the token’s highly-anticipated market debut. As such, the consolidation could finally be PUMP establishing some structural support for a bullish reversal.

If traders identify the current Pump.fun price as a buy opportunity, the crypto could try to flip the resistance level at $0.003015 into support. Thereafter, continued pressure from bulls could boost the altcoin’s value to as high as $0.003831.

There is, however, the risk that this consolidation might just be a temporary breather before the Pump.fun price resumes its downtrend. If this happens to be the case, a test of the nearest support level at $0.002264 is likely. 

Losing that technical safety net might then lead to a plunge to the subsequent mark at $0.001481.

Technicals Warn The Pump.fun Price Could Still Go Either Way

Looking at technical indicators on the 4-hour chart, there are contradicting signs. 

The Moving Average Convergence Divergence (MACD) line is breaking away above the MACD Signal line. This suggests PUMP’s bullish momentum is picking up steam. 

Meanwhile, the RSI has started to drop in the last few hours. Traders might see this as an early warning sign of buyers exiting the crypto’s charts. What’s more, the RSI line is still sloped negatively. If its slope does not flip positive soon, the RSI might fall below the neutral 50 mark, indicating that bears have taken complete control. 

While traders wait to see whether the Pump.fun price will start to rally or resume its downtrend, investors are buying into the presale for Snorter Token (SNORT). According to popular YouTube channel 99Bitcoins, which has over 723K subscribers, SNORT has the potential to soar 10X at launch.

A Bot To Trade All Of The Opportunities In The Market

The crypto market, specifically the meme coin sector, has earned a reputation for its volatility. These massive price swings have led to life-changing gains for many investors, but have also resulted in substantial losses for others. 

With the recent resurgence in the market, prices are starting to show signs of that early volatility returning. This time, however, instead of trying to buy low and sell high manually, traders can turn to Snorter Token and its lightning-fast bot to capitalize on the opportunities in the market.

The Snorter bot enables users to snipe new tokens as they emerge, perform sub-second swaps, copy the moves of other top traders, and monitor their portfolios in real-time, all from Telegram. This turns the popular messaging app into a portable, personalized trading dashboard.

SNORT Tweet

In addition to the trading capabilities, traders will also be protected by the Snorter bot’s advanced rug pull and honeypot scam detection. This feature has shown an 85% success rate in flagging and safeguarding users from these threats. 

The Snorter bot also comes with some of the lowest fees in the market. By just holding SNORT tokens, traders slash their execution costs from 1.5% to 0.85%, undercutting many of the bot’s popular rivals.

While the bot will initially run on the Solana blockchain, there are plans for its functionality to be extended to networks that are compatible with the Ethereum Virtual Machine (EVM). As such, there won’t be many opportunities that slip by the Snorter bot undetected.

SNORT Presale Races Towards $3 Million

The Snorter Token presale has already raised more than $2.5 million in early-stage funding, as investors bet big on the project’s future. 

With the ICO heating up, there is still time for buyers to get in at this ground level. To participate in the presale, investors can acquire SNORT via the widget embedded on the project’s website using either crypto or bank card. 

Once bought, investors can then stake their SNORT tokens for an attractive 165% APY.

Since SNORT’s price will increase as its presale progresses, investors will want to hurry in order to secure the best ICO deal. The next price hike is around 30 hours away.

Visit the official Snorter Token website to learn more. 

Related Articles:

Best Wallet - Diversify Your Crypto Portfolio

Our Rating

Best Wallet
  • Easy to Use, Feature-Driven Crypto Wallet
  • Get Early Access to Upcoming Token ICOs
  • Multi-Chain, Multi-Wallet, Non-Custodial
  • Now On App Store, Google Play
  • Stake To Earn Native Token $BEST
  • 250,000+ Monthly Active Users
Best Wallet

Join Our Telegram channel to stay up to date on breaking news coverage

Read next