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The Vine Coin price soared 59% in the last 24 hours to trade at $0.2701 as of 3.25 a.m. EST on trading volume that skyrocketed to $1.22 billion.
Vine Coin (VINE) is a new crypto that launched only yesterday, and in 24 hours, its price went from $0.1694 to $0.2701, surging over 59%. The token has seen an even greater increase up to $0.4289, which is its all-time high, achieved shortly after launch.
The crypto’s surge could be attributed to Binance’s announcement regarding a new VINEUSDT pair scheduled to launch on Binance Futures alongside PIPPINUSDT. The two new perpetual contracts will launch with up to 25x leverage. The pairs will go live today, with VINEUSDT trading going live at 10:00 a.m. UTC and PIPPINUSDT following at 10.15 a.m. UTC.
Both tokens have already been listed on Binance Alpha Market yesterday, which is when the VINE price skyrocketed.
Vine Coin Price Prediction
The listing on Binance Alpha Market, coupled with the expectation of the new perpetual contracts launch caused VINE’s price to become extremely volatile, with strong fluctuations. At the time of writing, its price is already dipping again after recently surging to a resistance at $0.30.
Meanwhile, the project’s Bollinger Bands remain relatively wide, which is a bullish signal. The price has been fluctuating from the upper band to the lower one, with certain periods of sudden price boosts during which the token would push the upper band further up.
Right now, however, it is stuck to the lower band, pushing it down, as traders engaged in a major sell off, which is best seen through a different metric — the Relative Strength Index (RSI).
The RSI skyrocketed into the overbought zone when the token hit its all-time high, only for it to then descend to the oversold zone over the next six hours yesterday evening. After dropping to the oversold area, it ended up sticking around this level for a while, only to then return to the neutral zone at 50, seeing smaller fluctuations along the way.
From there, it once again dropped to the oversold zone, only to suddenly skyrocket to the overbought zone, exceeding the value of 70 within the hour.
Now, it is repeating the pattern from yesterday, seeing a prolonged decline from the value of 70 toward the oversold zone, which starts at 30. While the hype is still driving the price of the newly launched token, traders still seem to be mostly in control. With the RSI close to the oversold zone, the project could soon see a strong price boost, especially with Binance’s news of the coming perpetual contracts launch.
Promising Alternative To Vine Coin
However, if you find VINE to be too volatile and risky, you can consider one of the major alternatives available right now, such as Wall Street Pepe (WEPE).
WEPE is a new meme coin that launched its presale in early December and is now approaching its end. The project blew up due to positive market conditions at the time, combined with the massive success of another frog-based meme coin that was concluding its ICO at the time, only for its price to skyrocket.
With investors’ expectations high, believing that WEPE will see the same fate, its ICO blew up, raising over $58.48 million as of Jan. 24. However, the external conditions are not the only reason why WEPE is blowing up. The project has a very community-oriented goal of launching an exclusive insider group for its token holders, where they will be able to access high-quality trading insights and signals, investment recommendations, the best strategies, and more.
Fiat is dead. Frogs are taking over. 🐸⚔️ pic.twitter.com/FvfZBG6rCQ
— Wall Street Pepe (@WEPEToken) January 23, 2025
The ambition to create this group came from its dislike for crypto whales’ behavior, as the project’s team noticed that the whales are sticking to their own insider groups where they receive valuable information, without sharing any of it with “the little guy.” While retail users were left to fend for themselves, whales were getting richer with each new move, and WEPE decided that it is unfair, and that it should do something about it.
So, if you would like to become a member of its group, all you need to do is buy some WEPE tokens, which currently sell for only $0.0003665. Given the low ICO price and high expectations for the project post-launch, buying before it goes live certainly seems like a good decision.
Even experts like ClayBro, a YouTuber with over 135k subscribers, believe that WEPE is likely to be the next 10x crypto, and possibly see even larger gains once it finally hits the market.
Buy WEPE tokens here before the meme coin’s official launch in 23 days.
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