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Sohotrn Price Prediction: Elon Musk Inspired SOHOT Explodes 100%, But This New Green Crypto Might Help Save The Planet

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Sohotrn Price
Sohotrn Price

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The Sohotrn price has surged 100% in the last 24 hours to trade at $0.00142 as of 5:44 a.m. EST on trading volume that soared 1,544% to $3.7 million.

SOHOT crypto is a unique digital currency that draws inspiration from a tweet by Elon Musk – ‘so hot rn (right now)’. The project aims to combine the excitement of social media influence with the innovative world of blockchain technology. 

ELON MUST TWEET SO HOT RN

Sohotrn Price Bulls Sustain The Bullish Momentum

Sohotrn price Chart Analysis. Source: Tradingview.com
SOHOTUSD Chart Analysis. Source: Tradingview.com

Bulls have taken charge near the $0.0005860 support level, propelling the price of Sohotrn upward in sustained bullish momentum. This breakout follows the accumulation phase, impeding the bulls from pushing the price higher and reaching the $0.001509 supply zone.

The price is trading above the 21 and 50 Simple Moving Averages (SMA), as both SMAs are immediate support levels for the SOHOT price. The moving average cross at $0.0008294 further reinforces the general bullish momentum.

The Relative Strength Index (RSI) signals a bullish rebound on the 50 neutral levels, which may force the RSI to back the overbought threshold of 70. The MACD trades above the neutral line as the blue line crosses the orange signal line. The histogram is also positive above the neutral line.

Sohotrn Price Prediction

Sohotrn price is predominantly bullish, with the RSI and MACD creating a favorable outlook for optimistic investors, anticipating a potential 30% increase to the next projected high at $0.002170. 

However, the bears may take control, leading to a price correction and potentially retracing towards the $0.001205 support level.

As SOHOT experiences a rapid surge in value, investors are flocking to acquire cryptocurrencies that offer both sustainability and substantial returns. One such token is eTukTuk, which aims to contribute to environmental conservation and as a result, has attracted considerable interest from investors.

eTukTuk Closing In On Its $844,058 Target – Best Crypto To Buy Now

The eTukTuk (TUK) presale has successfully garnered over $788,000 in early funding as it nears its target of $844,058. 

eTukTuk is a project that aims to drastically reduce carbon emissions globally through decentralization and innovative electric vehicles (EVs).

eTukTuk is also poised to provide lower long-term operational and maintenance costs for EVs and aims to bridge the affordability gap that exists between the middle class and the poor.

Additionally, eTukTuk is set to transform the transportation sector in developing countries with the introduction of electric Tuk Tuks (small three-wheeled vehicles) and the setting up of a network of environmental charging stations.

You can participate in the presale by purchasing the native token, $TUK, at a reduced price of $0.02625 before the price increases in 8 days.

Buy And Stake Your $TUK Tokens, Get Rewarded

The eTukTuk project also has a platform where you can earn rewards simply by buying and staking your $TUK tokens, with an impressive annual percentage yield (APY) of 281%. Currently, there are over 17.8 million $TUK tokens that have been staked.

Additionally, the team has announced the release of a play-to-earn game based on the flagship eTukTuk vehicle, Crazy Taxi. The game will require you to pick up and drop off passengers on the streets of Sri Lanka and get rewarded. The quicker you drive, the more you will earn.

Alessandro De Crypto, a YouTube crypto analyst, says eTukTuk promises substantial returns after launch.

You can buy the TUK tokens by visiting the official eTukTuk website. Connect your wallet and swap your BNB or USDT for $TUK tokens. You can also buy directly using your bank card.

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