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The Gorbagana price surged 196% in the last 24 hours to trade at $0.03097 as of 4:45 a.m. EST on trading volume that soared 92% to $80.42 million.
Gorbagana is a new crypto project that only went live yesterday, launching its token on Solana’s network. Following its launch, the token experienced a considerable price surge of over 200% prior to seeing a minor correction.
Given the fact that the token has only been live for a little over 24 hours, it doesn’t have an extensive history of price activity, but it quickly became a top trending crypto on platforms like DEXTools and GeckoTerminal.
Gorbagana Price Prediction
GOR/USD chart analysis (Source: TradingView)
The project’s Relative Strength Index (RSI) value has mostly seen fluctuations in the upper range, between the overbought zone and the neutral value of 50. It breached both 50 and 70 several times already, but it never dropped beyond 40, signifying great optimism among traders.
At the time of writing, however, the RSI has seemingly started stabilizing at 50, suggesting that the price is likely to stay below the resistance at $0.035 for the time being. However, if the project sees new listings and additional pairs in the days to come, it could easily soar much higher, assuming that the market-wide trend remains bullish.
Promising Alternative To Gorbagana
While Gorbagana offers strong earning potential, investors are doubling down on Snorter Token (SNORT) — a new project that is currently still in the presale stage and has yet to experience a large surge, similar to the one GOR has seen in the last 24 hours.
Snorter Token is a project developed within Solana’s ecosystem, and apart from introducing a promising new token, it also features an advanced trading bot. Represented by an adventurous aardvark, it claims it can sniff out the best crypto deals on the market.
With its advanced information processing capabilities, the new bot can detect promising changes in crypto prices as soon as they occur, reacting faster than a human trader could, and capitalize on emerging opportunities to generate a profit.
With the crypto market moving rapidly, tools like the Snorter Bot can be extremely useful for day traders, which is why many rushed to buy its token, SNORT, investing over $1.11 million in its ongoing presale so far.
Crypto experts, such as YouTuber Jacob Crypto Bury, have also recognized the project’s potential. In fact, in a recent video, the popular influencer, who has over 56.8k subscribers, speculated that SNORT might be the next 100x crypto.
The investor community has certainly shown interest in the project, and if you wish to join others who bought SNORT while its price is only $0.0959 apiece, now is the time to make a move. Buy before a presale price hike in less than 3 days.
Visit the Snorter Token’s website.
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