Is It Too Late To Buy GOUT? GOUT Price Skyrockets 679% And This Might Be The Next Crypto To Explode

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The GOUT price has skyrocketed 679% in the last 24 hours to trade at $0.00007129 as of 3:46 a.m. EST on a 1,188% surge in daily trading volume to $4.5 million.

The price surge comes after CosmFinance announced on Wednesday morning its acquisition of GOUT Coin. CosmFinance stated that GOUT will now serve as the flagship Meme ecosystem project within its DeFi platform.

GOUT Price Skyrockets Out Of A 191-Day Downtrend

The GOUT/USD chart shows the meme coin has been on a tear, with the price recently spiking to $0.0000799, up from a low of $0.00004339. The 50-day Simple Moving Average (SMA) sits at $0.000008445, showing a clear upward trend. 

The Relative Strength Index (RSI) at 96.99 is signaling extremely overbought territory, hinting that the hype might be peaking and the meme coin is due for a pullback.

Meanwhile, the Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover, with the signal line (orange) lagging below the MACD line, adding fuel to the bullish fire.

Zooming in, the GOUT price action has busted through a falling channel, a classic sign of a trend reversal. GOUT also has a solid support zone around $0.0000513, and an overhead resistance near $0.0002092. If it hits the resistance, it would mark a 199% increase from the current price.

Gout price

GOUTUSD Analysis Source: Tradingview

The recent candlestick action shows a sharp spike, but volume looks a bit thin, meaning this could be a pump-and-dump red flag if the momentum fades. 

GOUT Price Action Signals Mixed Sentiment

GOUT could still be a play for bold investors eyeing a short-term scalp, maybe targeting that resistance level for a quick exit. 

However, with RSI in the danger zone and the 679% run already in the bag, the risk of a pullback is real. Historical data suggests GOUT might consolidate around the $0.000051— $0.0002 range if profit-taking kicks in. 

In the long term, investors may want to hold off unless they see a retest of support with higher volume. Patience could pay off big.

The trend on the chart is a mix of hype and caution. Investors who are late to the party might want to consider waiting for a dip or a clearer signal. 

Snorter Token Presale Breaks $700K – Next Crypto To Explode?

While GOUT is delivering hefty gains in the meme coin world, savvy investors are rushing to bag the Snorter Token (SNORT) presale while it’s still cheap. This new player in the trading bots arena just zoomed past $700K in its just-started presale. But what exactly is it?

Snorter is a bot that lets you snipe new tokens the second they launch, execute sub-second swaps, and even copy the moves of top traders, all from your Telegram app, eliminating typical clunky browsers that lead to missed opportunities.

In a market where tokens like Pepe soared and Bonk deliver triple-digit percentage gains in hours, timing is everything. Snorter gives regular folks a fighting chance against bots and big players.

The Snorter bot is not just fast, it’s safe, too. With an 85% success rate at spotting rug pulls and honeypot scams, Snorter scans for shady token contracts in real time, protecting users’ trades from common traps. 

Additionally, it offers MEV protection to shield users from frontrunning and sandwich attacks that can eat at their profits. And the fees? A low 0.85% for SNORT holders, undercutting rivals like BonkBot and Banana Gun, which often charge 1.5% or more.

Early investors are also cashing in on staking rewards, with a jaw-dropping 462% APY for those who lock up their tokens now. That number will drop as more jump in, so the clock’s ticking. 

Prominent analysts like ClayBro, with over 136,000 YouTube subscribers, are predicting a 6x surge post-launch.

To join the presale is simple: head to Snorter’s website, connect your wallet, and buy with SOL, ETH, USDT, or even a bank card.

SNORT tokens are currently priced at $0.0949 apiece, but this value is scheduled to jump in the next 26 hours. Interested investors should act fast to grab the tokens at the best price.

Check out the Snorter Token presale.

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