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The Pups (Ordinals) price soared 25% in the last 24 hours to trade at $61.08 as of 02:50 a.m. EST on trading volume that dropped 28% to $6.7 million.
This comes as the token aims to migrate to Runes with a BRC20 and Ordinal pre-rune as a mint/burn token. As a Bitcoin Rune, PUPS will be issued directly on the Bitcoin network.
As the first meme coin on the Bitcoin network, the token continues to amass massive interest from investors, securing important exchange listings, with the latest being on SuperEX.
🪙Listing: $PUPS
⏰Trading Starts: April 16, 2024, 08:00 (UTC)
▶️Deposit Time: Opened
⚖️Trading Zone: #BRC20
📜Details: https://t.co/OBATgviegU
👉Trade Here: https://t.co/FTMacF6fTb pic.twitter.com/Jfcu9B3xu2— SuperEx (@SuperExet) April 16, 2024
Pups (Ordinals) Price To Continue Its Rally Over The Falling Wedge
The Pups (Ordinals) price has been on an uptrend since its launch, registering a 1,215% increase in the last 30 days and a 71% surge in the previous week.
However, in the last five days, PUPS has been on a downtrend, trading within the falling wedge pattern and finding support around the $42 mark. This support has given the bulls some boost, as it acted as a cushion against downward pressure. The bulls are pushing the price, having breached the upper boundary of the falling wedge pattern.
Additionally, PUPS is trading above the 50-day Simple Moving Average (SMA), a confirmation of the bullish potential for the price.
The Relative Strength Index is also rebounding above the 50-midline level towards the 70-overbought region. If the staged reversal above the $42 support is sustained, PUPS could soar above the 70-overbought region, a sign of continued investor optimism and the overall potential to push the price above.
Pups (Ordinals) Price Prediction
The formation of the falling wedge pattern suggests that the Pups (Ordinals) price bullish momentum may persist, potentially driving the price higher. The RSI indicates that investors are currently in a buying frenzy, which could push the price for another surge to reclaim its all-time high at $152.
However, currently, the falling wedge pattern positions the bull’s target at $100 after breaching the resistance around $75.
On the flip side, if the bears maintain the downward pressure, the price could slip below the lower boundary of the wedge to $39.64.
As PUPS traders prepare for another surge, investors are also buying $SPONGEV2 as excitement about its imminent new exchange listings grows.
Sponge V2: Best Opportunity For 100X Gains?
Sponge V2 (SPONGEV2) is a meme coin that aims to replicate the 100X gains of its predecessor, Sponge, in a bear market last year.
#SpongeV2 blasting off in 2024 🚀🔥#Crypto #MemeCoin #Alts #100x pic.twitter.com/GQQSbLPNla
— $SPONGE (@spongeoneth) March 29, 2024
With this proven track record, the much-anticipated Sponge V2 token now comes into the market with a promise of continued growth and innovation. One of the major features it emphasizes is its community engagement and utility.
After phasing out Sponge in early February, the development team facilitated the easy movement of over 13,000 holders to the more secure and cost-efficient V2 on the Polygon network.
🌟 With bigger exchanges on the horizon and added #P2E utility, #SpongeV2 is set to be bigger and better than ever!
We’re not here to take part, we’re here to take over! 🧽💦
$SPONGE #Crypto #Web3 #Alts pic.twitter.com/BlGZhYKjoe
— $SPONGE (@spongeoneth) March 27, 2024
One of the key new features that Sponge V2 is adding is a staking option that enables investors to earn an annual percentage yield of 353% on the Polygon network and 165% on the Ethereum network.
The team also plans to release a play-to-earn game, Sponge Racer, that will be available in both paid and free versions. Players will compete in racing competitions and earn token rewards.
Don't forget, #SPONGERS! 🧽💦#SpongeV2 is bringing exciting utility through our upcoming #P2E game! 🔥
Get ready to earn $SPONGE tokens by playing the game and ranking on the leaderboard.
Stay tuned for more info! 🚀#MemeCoin #Crypto #Alts #100x pic.twitter.com/5aaLxGz8N1
— $SPONGE (@spongeoneth) March 22, 2024
According to 99Bitcoins, a prominent crypto YouTube channel with over 700K subscribers, Sponge V2 is one of the best meme coins to invest in this year with the potential to explode on new exchange launches.
To join the presale, you can buy the Sponge V2 tokens on the official website here. 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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