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Geke recorded an explosive price rally today, August 28, rising dramatically to $0.0000000053, representing a more than 474% increase as of 10:38 AM EST.
It hit a day high of $0.00000002898, potentially scaling higher if given the right bullish momentum.
Moreover, Geke has maintained an upward trend in its value this week, recording a whopping 1,258% seven-day price increase. Also, GEKE’s 30-day price action revealed a surge of over 959%. The coin wiped off a zero from its price value on August 24 when it hit a new all-time high (ATH) of $0.000000038.
In addition, Geke recorded a 24-hour trading volume that surged over 2,806% as it reached $2,079, reflecting increased buy pressure on the token.
But unfortunately, the bears quickly seized control following the dramatic surge, pushing the coin’s value down by over 11% over the past hour. Its current price shows Geke is down by 70.36% from its ATH value.
Following its recent strides, crypto enthusiasts believe that GEKE could be the next PEPE with a potential price explosion. But will GEKE continue its surge? The following analysis will provide hints.
GEKE Price Chart – Future Bullish Market Run?
The chart shows that GEKE trades above the Exponential Moving Average (EMA), demonstrating the prevailing bullish price momentum.
Also, the Moving average convergence/divergence is above the signal line with green histogram bars, further supporting the ongoing buy activities in the market.
Additionally, the Relative strength index of 55.78 denotes the price of GEKE is neutral and hasn’t reached the overbought zone yet.
The combination of the following technical indicators indicates a continuous bullish price movement for the asset in the coming days. However, traders and investors should remain cautious as a sudden change in market conditions could cause the token to deviate from the touted price trajectory.
Is GEKE New PEPE-Like Crypto?
Developed in May 2023, Geke has made meteoric price growth. Geke parades itself as a PEPE killer and mirrors the past trends of the popular frog-themed meme coin.
Like Pepe Coin, Geke was built on the Ethereum blockchain, and both launched directly on exchanges without undergoing a presale phase. GEKE’s explosive price rally is also similar to that of PEPE.
Between April and May 2023, PEPE recorded a tsunami surge that took its market cap to over $1.6 billion. The flow caused early holders to record massive gains during the period, attracting more people to the PEPE community.
Like the developers of some cryptocurrencies, PEPE and GEKE crypto project founders are anonymous, with no information about them.
Within its short period of existence, Geke has attracted many crypto enthusiasts. Its Telegram portal boasts about 885 subscribers and up to 6,665 followers on X (formerly Twitter).
Considering the recent negative sentiment on PEPE, investors could divert attention to Geke, creating more opportunities for the meme token to soar and break PEPE’s record.
Wall Street Memes Presale Ends in One Month
Wall Street Memes (WSM) is a newly launched meme coin from the team behind Wall Street Bull, a famous NFT project that sold out within 30 minutes of its launch time.
With a focus on community influencing, WSM boasts over 1 million users on its social media platforms. Also, it has over 40 million monthly impressions.
Wall Street Memes leverages the increasing shift in using memes for most contents and expressions to create a level crypto investing landscape for all. It has unlimited memes for users to explore for content and other interactive indications.
The development team’s vision includes the launch of WSM on tier-one exchanges after its presale, a move that will enhance its liquidity and expand its market presence.
WSM Presale Approaches Last Days, Final Call to Investors
Currently, Wall Street Memes’ presale could end in a few days. With its explosive attraction and investors’ engagement, the project has generated more than $25 million through its presale.
The present presale stage has the price of WSM at $0.0337 per token, presenting an attractive entry point for investors to accumulate the token before a potentially explosive surge in the coming months. Interested investors can purchase them using Ethereum (ETH), Tether (USDT), or their bank cards on WSM’s official website.
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