Gorilla Price Prediction: Too Late To Buy GORILLA After 60% Surge? Better To Consider This Presale With A 100X Track Record?

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Gorilla price is up 60% since the beginning of the week to trade for $0.013135 as of 8:50 a.m. EST time, with trading volume rising 20%.

The token is up 392% since the onset of the month, with investors who saw the bull run coming raking in significant profits.

#GORILLA 12x profits
I have achieved 12x profit already. Currently MC 10M. @gorillatokenio our goal will be 100M pic.twitter.com/fiTN7eOONP

— Mr. Nako (@Dubai_x1000gem) December 20, 2023

Meanwhile, renowned trader and analyst Crypto Tony says “GORILLA is set for a stonker of a run.” The statement comes after the token secured listings on multiple exchanges, including BitMart and MEXC.

#GORILLA / @gorillatokenio – Update

Another partnership i am proud to announce. $BONK kicked off a #Memeseason and GORILLA is set for a stonker of a run as you can see

Already on several #CEX with more in the works. Excited to update as we go / DYOR https://t.co/d2FpTkMtOy pic.twitter.com/9vPCXvERB3

— Crypto Tony (@CryptoTony__) December 19, 2023

Gate.io has also listed GORILLA token, which explains the ongoing rally as a measure of confidence in the project.

#GORILLA pumps before its listing tomorrow on https://t.co/Hffn0Aopg2 🔥
Let's go to the fucking moon 🚀 pic.twitter.com/wR9NoC8SyU

— SmartGreen | SMORC (@GreenCryptoNFTs) December 19, 2023

The token launched on November 9, and has surged upwards of 3,209% since. Barely two months old, the Gorilla token records a market capitalization of over $9.9 million.

Exciting times for $GORILLA 🚀

🟤Launched on Nov 9, 2023 and within 6 weeks saw a 3209.88% gain.

🟤With a market cap of $5.84 billion, #GORILLA has potential to reach $0.1050 in 2024.

🟤Upcoming products like #IDO launchpad, @gorillatokenio Game, Gorilla Swap, #NFT Collection,… pic.twitter.com/TaGNjvCOhK

— Coinpedia Markets (@MarketCoinpedia) December 14, 2023

The record of accomplishment has merited GORILLA for the list of top seven projects trending or search metrics on major crypto aggregators.

Top 7 Projects by Trending Searches on Major Crypto Aggregators – December 20th

CoinGecko: $COQ $INJ $SEI $BONK $STRK $TET $WIFI

CoinMarketCap: $BONK $ACE #GORILLA $ICP $CTK $SEI $INJ

Cryptorank: $ACE $TIA $INJ $ARB $ASTR $SUI $SEI pic.twitter.com/mFIpxqxQ4W

— TOP 7 ICO | #StandWithUkraine🇺🇦 (@top7ico) December 20, 2023

Gorilla Price Outlook

Gorilla price since the launch of the GORILLA token has consolidated within an ascending parallel channel, delivering more gains for investors. Nevertheless, profit booking seems to be underway as the candlesticks are flashing red.

The Relative Strength Index (RSI) is southbound, pointing to falling buyer momentum. If this trajectory continues, Gorilla price could extend the fall, reinvigorated by the sell signal that is likely to be executed once the RSI crosses below the signal line. Traders heeding this call could see Gorilla price extend a leg lower.

A break and close below the $0.011690 level would clear the path for an extended fall, with Gorilla price likely to fall outside the confines of the bullish channel to lose the $0.010000 psychological level.

In the dire case, the dump could extend lower, slipping past the $0.008000 level before tagging the $0.006263 support floor. A break and close below this level would invalidate the broadly bullish outlook, clearing the path for an extended fall to the $0.002700 range low.

On the flip side, if sidelined investors or later buyers take advantage of the correction to buy GORILLA at current rates, the ensuing buying pressure could see Gorilla price extend north, shattering the $0.016561 barricade before breaking above the channel to test the $0.016899 range high.

In a highly bullish case, Gorilla price could extend a neck high towards the 0.020000 psychological level. Such a move would denote a 55% climb above current levels.

Meanwhile, as Gorilla price continues to consolidate within the bullish technical formation, all eyes are looking to Sponge V2, an upgrade to the first version of Sponge. Investors who missed the 100X predecessor can buy and stake the token to earn SPONGE V2.

Promising Alternative To GORILLA

Sponge Token V2, or $SPONGEV2, is worthy of consideration for investors looking to diversify their portfolios. It is the bridged version of SPONGE, transitioning from the first version (V1) to the second (V2).

https://twitter.com/spongeoneth/status/1736710430888739065

It is a stake-to-bridge token, such that when you stake-to-bridge SPONGE V1 through the project’s website, you get an equivalent of what you purchased in SPONGE V2. Beyond that, you also get staking rewards from the project’s locked V1 tokens.

The Sponge V2 transition will be facilitated via the staking of V1 tokens ($Sponge). 🚀

Any tokens that are currently in the V1 staking pool will need to be withdrawn and re-staked in the new V2 staking pool.

Stay tuned for more info! 🧽💦#Sponge #Web3 #Crypto pic.twitter.com/Hv77OrPZ3M

— $SPONGE (@spongeoneth) December 20, 2023

The remarkable success of the first version of SPONGE has set the tone for SPONGE V2, giving it super strong foundation from which to blast off for another potential 100x performance.

Sponge V1 emerged as one of the biggest meme coin successes of this year and ranked among the top five cryptocurrencies to buy.

With this unusual record of accomplishment, who would bet against SPONGE V2 repeating history and chalking up another 100X growth once it secures listing on tier-one exchanges such as Gate, MEXC, Bitget, Poloniex, and CoinW?

Visit SpongeV2 website to buy SPONGE V2 tokens here.