{"id":468643,"date":"2023-12-28T17:13:56","date_gmt":"2023-12-28T17:13:56","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=468643"},"modified":"2023-12-28T17:13:56","modified_gmt":"2023-12-28T17:13:56","slug":"ethereum-price-prediction-eth-pumps-6-as-donald-trump-linked-portfolio-sells-2-4-million-and-experts-say-these-rising-stars-could-be-the-best-meme-coins-to-buy-in-2024","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ethereum-price-prediction-eth-pumps-6-as-donald-trump-linked-portfolio-sells-2-4-million-and-experts-say-these-rising-stars-could-be-the-best-meme-coins-to-buy-in-2024","title":{"rendered":"Ethereum Price Prediction: ETH Pumps 6% As Donald Trump-Linked Portfolio Sells $2.4 Million And Experts Say These Rising Stars Could Be The Best Meme Coins To Buy In 2024"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Ethereum price is up 6% in the last 24 hours<\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/ethereum\"><span style=\"font-weight: 400\"> to trade at $2392<\/span><\/a><span style=\"font-weight: 400\"> as of 04:29 a.m. EST as trading volume jumped 82% to $25 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This surge comes as a Donald Trump-linked portfolio sold $2.4 million ETH, according to blockchain data monitored by Arkham Intelligence over the past several months.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Looks like Donald Trump is selling his ETH.<\/p>\n<p>3 weeks ago he started sending ETH to Coinbase after months of accumulating Trump NFT royalties. His peak balance was $4 million.<\/p>\n<p>Based on the deposits, so far he's sold 1,075 ETH for $2.4 million. <a href=\"https:\/\/t.co\/JZzA3cS2je\">pic.twitter.com\/JZzA3cS2je<\/a><\/p>\n<p>&mdash; Arkham (@ArkhamIntel) <a href=\"https:\/\/twitter.com\/ArkhamIntel\/status\/1740052834949972155?ref_src=twsrc%5Etfw\">December 27, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Around three weeks ago, he initiated transfers of ETH to Coinbase, following months of accruing Trump NFT royalties. At its peak, his balance reached $4 million. Judging by the deposits, he has currently sold 1,075 ETH, amounting to $2.4 million,&rdquo; said Arkham.<\/p>\n<h2><span style=\"font-weight: 400\">The Ethereum Price: Bulls Trade The Ascending Triangle Pattern<\/span><\/h2>\n<p><span style=\"font-weight: 400\">A potential breakout above the ascending triangle pattern is possible as ETH aims for a new high.<\/span><\/p>\n<figure id=\"attachment_468644\" aria-describedby=\"caption-attachment-468644\" style=\"width: 1736px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-468644\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/image-32.png\" alt=\"Ethereum Price Chart Analysis. Source:Tradingview.com\" width=\"1736\" height=\"747\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/image-32.png 1736w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/image-32-300x129.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/image-32-1024x441.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/image-32-768x330.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/image-32-1536x661.png 1536w\" sizes=\"(max-width: 1736px) 100vw, 1736px\"><figcaption id=\"caption-attachment-468644\" class=\"wp-caption-text\">ETHUSDT Chart Analysis. Source:Tradingview.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">The Ethereum price has been on a gradual uptrend, forming an ascending triangle pattern, which indicates a bullish trend continuation.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">ETH bulls have driven the price above the 50-day and 200-day simple moving averages, affirming the bullish momentum and establishing short-term support levels.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Relative Strength Index (RSI) is also bullish, indicating an upward movement from the midline level of 50 to 65, approaching the overbought threshold of 70.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">The Ethereum Price: Bulls Target $3,000 Mark<\/span><\/h2>\n<p><span style=\"font-weight: 400\">As bullish momentum sustains, investors anticipate movements above the ascending triangle as they target a potential high of $3000, with expectations set for the first quarter of 2024.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, a potential downside may occur, allowing bears to influence a decline in price toward the support zone at $2240.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As the price of Ethereum keeps surging, investors looking to make a quick 100X in 2024 should take a look at $SPONGE and Meme Kombat, which experts say are among the rising stars could be the best meme coins to buy in 2024.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Justin Sun Holds $43K Worth of $SPONGE<\/span><span style=\"font-weight: 400\">, Prepare for 100X<\/span><\/h2>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400\">SPONGEV2<\/span><\/a><span style=\"font-weight: 400\"> is a new ERC-20 token on Ethereum, utilizing a stake-to-earn strategy. Sponge itself returned 100x gains earlier this year and T<\/span><span style=\"font-weight: 400\">ron CEO Justin Sun holds $Sponge tokens worth $43,581. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Sun tweeted earlier in the year that he would buy low-cap meme coins that hold potential and clearly Sponge is among his favorites.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I've decided to begin actively trading meme coins and promising projects through my public address. Please note, I will personally bear all potential losses from these trades, and any profits made will be donated entirely to charity.<\/p>\n<p>&mdash; H.E. Justin Sun &#23385;&#23431;&#26216; (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/1656598894158159872?ref_src=twsrc%5Etfw\">May 11, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">The token currently sells for $0.000403, up from the V1 launch price of $0.000025, a 1,612% increase.<\/span><\/p>\n<p>https:\/\/twitter.com\/spongeoneth\/status\/1738877238907371738?s=20<\/p>\n<p>The <a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400\">SPONGE V1<\/span><\/a><span style=\"font-weight: 400\"> success story includes a $100 million market cap, a community of 13,000 holders, and an impressive 30,000 social followers.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Additionally, it has secured listings on over 10 centralized exchanges, including LBank, Toobit, CoinW, BTCEX, Poloniex, MEXC, Gate.io, Bitget, BitKan, and BitMart.<\/span><\/p>\n<p>https:\/\/twitter.com\/spongeoneth\/status\/1736710430888739065?s=20<\/p>\n<h2><span style=\"font-weight: 400\">SPONGEV2 Staking and Play-to-Earn (P2E)&nbsp;<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400\">SPONGEV2 staking feature <\/span><\/a><span style=\"font-weight: 400\">offers stakers an impressive 625% annual percentage yield (APY). The staking will take four years, and you can claim your SPONGEV2 tokens through the official SPONGE website when it&rsquo;s over.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Sponge P2E game will present both a free and premium edition. In the free version, players can enjoy the game for leisure.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, the paid version allows users to utilize $SPONGEV2 tokens to acquire additional game credits, enhancing their opportunities to earn more $SPONGE.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Exciting News! &#129533;&#128640;<\/p>\n<p>There will be a free and paid version of the new Sponge <a href=\"https:\/\/twitter.com\/hashtag\/P2E?src=hash&amp;ref_src=twsrc%5Etfw\">#P2E<\/a> game. <\/p>\n<p>You can play for fun on the free version, or use $SPONGEV2 tokens to purchase additional game credits and earn more <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPONGE<\/a> &#128526;<a href=\"https:\/\/twitter.com\/hashtag\/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeCoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Presale?src=hash&amp;ref_src=twsrc%5Etfw\">#Presale<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/t.co\/kJsqBY3wQ3\">pic.twitter.com\/kJsqBY3wQ3<\/a><\/p>\n<p>&mdash; $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1739974680629354508?ref_src=twsrc%5Etfw\">December 27, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">To acquire Sponge V2 tokens, connect your Web3 wallet to <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400\">the official Sponge.vip website<\/span><\/a><span style=\"font-weight: 400\">. You then swap for ETH or USDT for V2 tokens or use a bank card for direct purchases.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">MK presale Crosses $5 million, 4 Hours left To Price Hike<\/span><\/h2>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/memekombat\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Meme Kombat (MK)<\/span><\/a><span style=\"font-weight: 400\"> presale has rocketed past the $5 million milestone to move within touching distance of its $6.5 million initial goal.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">The <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/memekombat\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">MK tokens are priced at $0.268<\/span><\/a><span style=\"font-weight: 400\"> but will increase in less than seven days.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">An increasing number of investors are showing interest, anticipating considerable returns as they anticipate playing in season 1 of Kombat.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meme Kombat allows players to wager on their preferred meme characters, with the potential for substantial rewards if their chosen characters win.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">You can stake your acquired MK tokens, which offer an impressive 185% annual percentage yield (APY). This staking feature is particularly attractive to investors who view Meme Kombat as a significant player in the future of meme coins.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128227; Major Update &#128227;<\/p>\n<p>The Meme Kombat Staking Dashboard is officially live and ready to be used by you! <\/p>\n<p>Take a break from Kombat and visit the staking dashboard here: <a href=\"https:\/\/t.co\/nNFEYESjPs\">https:\/\/t.co\/nNFEYESjPs<\/a> <a href=\"https:\/\/t.co\/yswl0esb4G\">pic.twitter.com\/yswl0esb4G<\/a><\/p>\n<p>&mdash; Meme Kombat (@Meme_Kombat) <a href=\"https:\/\/twitter.com\/Meme_Kombat\/status\/1722694253648703804?ref_src=twsrc%5Etfw\">November 9, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">ClayBro, an expert crypto analyst and YouTuber, recently featured Meme Kombat in one of his videos. He says that the MK token pre-sale could be one of the biggest meme gaming tokens of 2024, with massive returns.<\/span><\/p>\n<p><iframe title=\"Meme Kombat | MK Token Pre-Sale Could Be The Biggest Meme Gaming Token Of 2024!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/-6WM-gwYYPk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400\">To participate in the presale, visit the <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/memekombat\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">official Meme Kombat website<\/span><\/a><span style=\"font-weight: 400\">, connect your Web 3 wallet, and exchange your ETH, USDT, or BNB for MK tokens there.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Related News<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.linkedin.com\/pulse\/shiba-inu-price-prediction-2024-moon-crash-landing-calsona-caibe\/\"><span style=\"font-weight: 400\">SHIBA INU PRICE PREDICTION 2024: &#128640; TO THE MOON OR &#128201; CRASH LANDING?<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/www.linkedin.com\/pulse\/bitcoin-price-prediction-experts-forecast-bullish-trends-calsona-o1vue\/\"><span style=\"font-weight: 400\">&#128640; Bitcoin Price Prediction: Experts Forecast Bullish Trends for 2024 &#128200;&#128176;<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - 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