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The Shiba Saga price is up 25% in the last 24 hours to trade for $0.0800 as of 2:15 a.m. EST time.
Trading volume is up nearly 70% and the coin sits high on CoinGecko’s top trending list alongside Jupiter (JUP), Wen (WEN), and Manta Network (MANTA).
https://twitter.com/CoinsScan/status/1753248133679591450
The Shiba Saga network meets users where gaming and utility intersect. Investors can earn SHIA tokens by playing their favorite remastered games. The hallmark of the Shiba Saga game collection comprises multiple classic and casual games with Shiba featuring as a main character.
The king of crypto!!! $shiahttps://t.co/h3o75YYuNU
— RJ (@RJ_Cryptoman) January 29, 2024
Games in the collection share an on-chain interconnected system where users can earn and spend the same $SHIA token across every game and with every new release
Shiba Saga Price Outlook As SHIA Trends On CoinGecko
The Shiba Saga price is trading horizontally, consolidating between $0.0265 and $0.1003. While the Relative Strength Index (RSI) is inclined north, its position below 50 is concerning. This is accentuated by the position of the Awesome Oscillator (AO) and the Moving Average Convergence Divergence (MACD) in negative territory.
As such, the Shiba Saga price could face a rejection from the $0.1003, potentially retesting the $0.0500 psychological level. If this base fails to hold as support, the meme coin could roll over to the support floor at $0.265.
TradingView: SHIA/USDT 3-day chart
On the flipside, with the AO and the MACD histogram bars flashing green, and the northbound RSI, the bulls are clearly at play. If they manager to muster enough momentum to overcome the formidable resistance at $0.1003, the Shiba Saga price could push north.
Beyond the aforementioned blockade, key levels to watch include $0.1539, $0.1903, and $0.2459, where strong resistance can be expected.
Meanwhile, attention has shifted to Sponge V2, a meme coin poised for more gains after its predecessor, Sponge V1, recorded 100x returns after launch in 2023. It has soared 1,011% in the past year with presale sales bouldering past the $6.3 million mark. That’s all prompted some analysts to say Sponge V2 might be the best cheap crypto to buy now.
Promising Alternative To Shiba Saga
Sponge V2, selling for $$0.000507, features among analysts’ list of best penny cryptos to buy in 2024. A renowned YouTube crypto analyst recently indicated that $SPONGE has advanced 10x from recent lows and looks well placed for even bigger gains ahead.
🛒🔐 New to #SpongeV2?
Learn how to buy and stake $SPONGE on our website and start earning V2 tokens. 😎🙌
Don't miss out on the special bonus!
#BuyAndStake #AltSeason #Web3 pic.twitter.com/AozJfPxOQP
— $SPONGE (@spongeoneth) January 15, 2024
Cilinix Crypto also highlighted the possibility of a post-launch surge for Sponge V2 recently. This is as some speculate it could even match the impressive 100x return achieved by its predecessor.
Those who do not already hold SPONGE V1 must purchase the V1 version and then stake these holdings in the bridging contract. Find details on the Sponge.vip website.
The ultimate goal of SPONGE is to soak up liquidity from the competition. With this, it is absorbing all the damp. The project’s staking dashboard allows holders to lock their SPONGE forever and get ready to absorb the damp with the new and improved SPONGEV2. Plans are already underway to have the meme coin listed across multiple exchanges.
10 exchanges not enough? 😉#SpongeV2 will be listed on BIGGER AND BETTER exchanges! 🔥
You’re not ready for what’s coming next 👀#SpongeV2 #MemeCoin #Presale pic.twitter.com/LdXRYu65Z8
— $SPONGE (@spongeoneth) January 23, 2024
Meanwhile, the staking function is gaining ground, with stakers enjoying up to 237% in Annual Percentage Yields (APY). So far, over 6.823 billion SPONGE tokens have been staked.
The Sponge team will migrate Sponge V2 to the highly-scalable and rapidly-growing Polygon network to enhance security following a recent attack on its liquidity pool. The scheduled date for the move to Polygon has been set for Monday Feb. 5, and will take place at 11:00 pm UTC.
With this transition, Sponge V2 will be launched and Sponge V1 will be discontinued.
Buy and stake $SPONGE today and it could set up your crypto portfolio for spectacular returns.
Also Read:
- How to Buy Sponge V2 On Presale – Alessandro De Crypto Video Review
- 100X Meme Coin Sponge Prepares For Second Takeoff With Launch of V2 – Is $SPONGEV2 The Best Crypto to Buy Now?
- Can Sponge V2 Experience a 100x Surge Similar to Sponge V1 Upon Its Launch in 2024? Conor Kenny Presale Review
- $SPONGE Crypto Price Surge Sparks Speculation on SPONGE V2’s Meme Coin 100x Potential
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