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The Minu price surged 59% in the last 24 hours to trade at $0.0000001458 as of 05:03 a.m. EST on trading volume that rose 28% to $4.2 million.
The price surge comes as the Minu community continues to grow, with the project registering 4,000 holders and still growing. Minu is the first mining dog coin on the Binance Smart Chain (BSC).
Thank you for 4000 $MINU holders!
👉A big milestone achieved and a huge community has been created!
Next stop is the 5000 holders and Top 500 projects of the world!#Minu #4000Holders #ATH #Coming pic.twitter.com/miOK07ZA9m
— Minu (@minu_coin) February 15, 2024
Can the team’s intensive marketing plan propel the coin to join the ranks of other successful dog coins like DOGE, SHIBA INU, Floki Inu, and more?
There is ONLY one Minu and it is on the @BNBCHAIN operating for 1 month!
👉Our Team will use "aggressive" marketing to bring $MINU where it belongs!
Be hyped for what we will do. We will use 100% of our power and let's smash ATH after ATH!
Let's first reach 8k Followers on… pic.twitter.com/rBg1Qfvc9Q
— Minu (@minu_coin) February 12, 2024
Minu price Signals A Bull Rally, Riding the Double Bottom Pattern
The price of Minu is displaying indications of a bullish rally, underpinned by the development of a double bottom pattern, suggesting a continuation of the upward trend. Throughout February, Minu’s price has been consolidating, encountering resistance at $0.0000002299 as the bulls face challenges.
However, the struggle between the bulls and bears seems to be ending, with the price breaking out of the support zone at $0.0000000786. MINU is now trading above the 50-day Simple Moving Average, confirming the current bullish momentum. This level acts as the immediate support level at $0.0000001195.
The Relative Strength Index stands at 61, having decreased from the overbought threshold of 70. Should the bullish momentum continue, the RSI might climb back into overbought territory, potentially signaling a prolonged bull market.
Furthermore, the Moving Average Convergence Divergence (MACD) indicator reveals that the MACD line (blue) is trading above the signal line (orange), indicating a bullish crossover. This suggests a potential entry point for the price to rally even higher. The green bars on the histogram, extending upwards, further support this bullish signal.
In addition, the Average Directional Index (ADX) stands at 22, indicating a moderately strong bullish trend, albeit not overwhelmingly so. However, with the ADX trending upwards, it signals the potential onset of a stronger bullish trend.”
Minu Price Prediction
The formation of the double bottom signals a continuation of the bullish trend, with the bull traders aiming to capitalize on this to drive the price up. The Bulls are aiming at reclaiming Minu’s previous all-time high of $0.000000418, which was recorded on January 22.
In an inverse scenario, bears could cause a retrace back to the support at $0.0000000786.
As the Minu price soars, investors are busy buying and staking Sponge V2 tokens after its predecessor, $SPONGE, recorded 100x gains last year.
Buy Sponge V2 With 100X Potential Returns – Best Meme Coin To Buy?
If you missed that opportunity, there is no need to worry as you still have an opportunity with Sponge V2 as it prepares to launch on major exchanges.
If you missed out on $SPONGE V1, don't miss out on #SpongeV2!
Time to stake your $SPONGE! 🚀🧽#MemeCoin #Web3 #Altcoins #BullMarket #Bullish #Trade pic.twitter.com/oNwatR7ihw
— $SPONGE (@spongeoneth) February 10, 2024
Sponge V1 amassed a following of over 13,000 holders, and hit a $100 million market cap after listing on over 10 major exchanges.
On Feb 5, Sponge V1 was officially discontinued, with $SPONGE holders being moved to the more secure Sponge V2 on the Polygon network.
📣 Attention, #SPONGERS!
Here is some important information to remember about $SPONGE V2!$SPONGE V1 has officially been discontinued, and V2 has been launched on #Polygon! 🔥
Learn more about the token details below 👇https://t.co/TCdxgXx40w
🧵1/3 pic.twitter.com/YZzXOlKmHY
— $SPONGE (@spongeoneth) February 6, 2024
Stake $SPONGE V2, Get Rewards
You have a chance to earn passive income with the Sponge V2 staking option, where you can stake your Sponge V2 tokens, earning an impressive 195% annual percentage yield (APY).
Exciting news, #SPONGERS! 🌟🧽🧽#SpongeV2 is now live! Visit our website to buy and stake $SPONGE V2.
Check it out below! 👇https://t.co/nFOSl1ZCD9#MemeCoin #Web3 #Crypto #Altcoins #CryptoStaking pic.twitter.com/T4DCAKhcxF
— $SPONGE (@spongeoneth) February 6, 2024
The Sponge V1 sequel is set to bring in a new group of investors through its new amazing features, one of which is play-to-earn (P2E) gaming. The team is planning the launch of Sponge Racer, a game that will feature both a free version and a paid version. Players will have the opportunity to earn token rewards by participating in races.
Crypto analyst Jacob Bury believes that Sponge V2 has the potential to explode 100X on launch.
To join the presale, visit the official Sponge V2 website and link your digital wallet to swap your ETH or USDT for V2 tokens. You can also buy directly using your bank card.
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