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The Myro price has plunged 16% in the last 24 hours to trade at $0.115 as of 9:14 a.m. EST.
Whales are buying the dip, with the price now facing a correction from its previous 300% monthly surge.
2 months ago jumping on $MYRO was my best decision
shared on 1.5M which did hit 175M
little over 120x in just 2 months 🤝 , on the discount now ( without any reason i see )
added more 🏃♂️😎 https://t.co/afvjEb9BDQ pic.twitter.com/BqDDKfBPMe
— SⓄL GOD ☝️ (@MrSolanaGod) January 16, 2024
Myro Price Prediction
Looking at an in-depth analysis of 1-hour MYRO/USDT charts, the price could soon be headed towards a recovery. The Relative Strength Index indicator has deviated from its southern trajectory to avoid the oversold region, building bullish momentum.
The Average Directional Index (ADX), used in gauging market trends, also moves north, suggesting a robust bullish trend on the Myro price. Should bulls break past the resistance level, the Myro price is much more likely to see a pump in the short term as the price now moves within range.
The 50-period moving average has also maintained movement above the 200-period moving average, displaying bull resilience on the meme coin and increasing the prospects of a Myro price pump in the short term.
1-hour MYRO/USDT charts | Source: TradingView
Meanwhile, with the Myro price currently facing a correction, Sponge V2 is emerging as another compelling meme coin option for investors seeking presales with explosive potential in 2024.
Myro Price Prediction: Is SPONGEV2 The Better Meme Coin?
Sponge V2 is an enhanced successor to Sponge, which did a 100x after launch last year and has soared more than 1,000% in the past year.
Sponge V2 introduces a range of features to capture investor attention. Innovative play-to-earn activities and enticing staking incentives that are tailored for investors form the core of Sponge V2’s enhanced ecosystem.
Its play-to-earn games provide entertainment and offers SPONGEV2 token holders the opportunity to augment their token holdings.
Sponge V2 also outshines the competition with its revolutionary tokenomics and user-friendly design.
Renowned Tron founder Justin Sun holds approximately $100,000 worth of SPONGE, contributing to a total wallet value of $595 million.
He expressed an interest in meme coins last year, especially ”promising projects.”
I've decided to begin actively trading meme coins and promising projects through my public address. Please note, I will personally bear all potential losses from these trades, and any profits made will be donated entirely to charity.
— H.E. Justin Sun 孙宇晨 (@justinsuntron) May 11, 2023
Rewarding Gaming Experience with Sponge V2
Amidst the plethora of gaming tokens available, Sponge V2 distinguishes itself by allowing players to earn tokens based on in-game rankings while participating in exhilarating racing and combat activities.
With the Myro price plunging, the SPONGEV2 presale emerges as a strong candidate for investors to consider. If you’re interested, buy soon before it’s too late.
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