Search Inside Bitcoins

Minu Price Prediction: MINU Soars 59%, But Analysts Say This Presale With 100X Potential Might Be The Best Meme Coin To Buy Now

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Minu Price
Minu Price

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

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).

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?

Minu price Signals A Bull Rally, Riding the Double Bottom Pattern

Minu Price Chart Analysis Source: Geckoterminal.com 
MINUUSD Chart Analysis Source: Geckoterminal.com

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.

MINU MACD

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.

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.

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).

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. 

Related News

Smog (SMOG) - Meme Coin With Rewards

Rating

Smog token
  • Airdrop Season One Live Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards - 42% APY
  • 10% OTC Discount - smogtoken.com
Smog token

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

Read next