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The Papo Ninja price soared 23% in the last 24 hours to trade at $0.0564 as of 03:58 a.m. EST on trading volume that surged to $15.6 million.
Papo Ninja is a groundbreaking play-to-earn (P2E) game built on the TON (The Open Network) blockchain. Its token, $PAPO, launched on November 5, which was followed by a listing on Bitmart on November 6. More listings are scheduled in the coming week.
Introducing Papo Ninja on TON Blockchain!@papo_coin
Papo Ninja is the first slice2earn game on TON, backed by Telegram’s massive user base. As TON integrates with Telegram, $PAPO could see major adoption!
🎮 Buy & Play: Easily get in-game items with TON tokens through a… pic.twitter.com/RPim0aEQaD
— Crypto Hunters Elite (@coincatch1) November 5, 2024
Papo Ninja Price Aiming For A Sustained Breakout
The Papo Ninja price has shown a strong reaction at the marked support area, around $0.045 – $0.050, according to data from GeckoTerminal. This region has acted as a base where buyers stepped in after previous declines.
There were two noticeable spikes in price, pushing up towards $0.08 and briefly over $0.10, but each was followed by a sharp pullback, indicating significant selling pressure at higher levels. Currently, the price is consolidating near $0.056, just above the support zone. This sideways movement could be building momentum for the next potential move, depending on whether buyers or sellers dominate.
The RSI is at 50.55, indicating a neutral stance. This mid-level reading suggests neither overbought nor oversold conditions, aligning with the current consolidation phase. If the RSI starts moving toward 70, it could signal bullish momentum, whereas a dip toward 30 might indicate bearish momentum if the price breaks below the support.
The MACD line (blue) and the Signal line (orange) are very close to each other, with both hovering near the zero line. This setup indicates minimal momentum and aligns with the consolidative price action.
If the momentum picks up at the moment, as the bulls capitalize on the major indicators, the price of Papo Ninja could soar to the $0.10 resistance zone.
Conversely, if the bears push the Papo Ninja price to break below the support level, PAPO could plunge to the next possible resistance at $0.040.
As the Papo Ninja price aims for a breakout, investors looking for even newer meme coins that might be next to explode could explore Flockerz (FLOCK), which has surged past $1.29 million in funds raised in its presale.
According to 99Bitcoins, a popular crypto channel on YouTube with over 706K subscribers, $FLOCK has the potential to soar 100X after its launch.
Flockerz Presale Heads For $1.5 Million – Best Crypto To Buy Now?
Flockerz is a new meme coin that gives decision-making power to its community, The Flock, via its vote-to-earn (V2E) system͏.
Token holder can v͏ote o͏n͏ d͏ecisions and ͏e͏a͏rn $FLOCK tokens as rewards for their participation. At the core of Flockerz lies FlockTopia, where every holder has a voice and earns rewards.
The m͏o͏re͏ you ͏vote͏,͏ t͏he more token͏s ͏you ͏earn͏,͏ ͏creating a direct i͏nc͏entive f͏or pa͏rticip͏ati͏on. Thi͏s ensures ͏that active com͏munity͏ mem͏ber͏s are͏ rewarded for their inv͏olveme͏nt.͏
The flock is flying high! We’ve officially crossed $300K! pic.twitter.com/MsLc5PeoyX
— Flockerz (@FlockerzToken) September 28, 2024
Apart from V2E rewards, users can earn passively through the platform’s staking mechanism, which offers a sky-high annual yield of 1,305%.
To join the presale, you can buy $FLOCK on the official website here for $0.0059571 per token using BNB, ETH, or USDT. You can also make a purchase using your bank card.
Buy before a price hike in less than two days to secure the best deal.
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