{"id":474265,"date":"2024-01-23T11:58:46","date_gmt":"2024-01-23T11:58:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=474265"},"modified":"2024-01-23T12:12:47","modified_gmt":"2024-01-23T12:12:47","slug":"satoshivm-price-prediction-savm-plunges-15-but-the-second-coming-of-this-meme-coin-might-100x-again","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/satoshivm-price-prediction-savm-plunges-15-but-the-second-coming-of-this-meme-coin-might-100x-again","title":{"rendered":"SatoshiVM Price Prediction: SAVM Plunges 15%, But The Second Coming Of This Meme Coin Might 100X Again"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The SatoshiVM price has plunged 15% in the last 24 hours <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/satoshivm\"><span style=\"font-weight: 400;\">to trade at $9.64<\/span><\/a><span style=\"font-weight: 400;\"> as of 1:56 a.m. EST on trading volume that dropped 10% to $27 million.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">SatoshiVM Price Bears Push The Price Down, Forms A Falling Wedge<\/span><\/h2>\n<figure id=\"attachment_474267\" aria-describedby=\"caption-attachment-474267\" style=\"width: 1736px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-474267\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/image-4-1.png\" alt=\"SatoshiVM Price Chart Analysis. Source: Tradingview.com\" width=\"1736\" height=\"747\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/image-4-1.png 1736w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/image-4-1-300x129.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/image-4-1-1024x441.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/image-4-1-768x330.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/01\/image-4-1-1536x661.png 1536w\" sizes=\"(max-width: 1736px) 100vw, 1736px\"><figcaption id=\"caption-attachment-474267\" class=\"wp-caption-text\">SAVMUSD Chart Analysis. Source: Tradingview.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The SatoshiVM price signals a bullish trend reversal as the price has formed a falling wedge pattern, which traders use to signal a bullish trend continuation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The bulls faced resistance at $14.2, hindering further profits and enabling bears to exert pressure on the price, forming a falling wedge pattern. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite the pullback, the bulls have demonstrated resilience, hinting at a rebound with support at $8.97 to push the price above the wedge.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">SatoshiVM Price Bullish Momentum Targets $15.2 <\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The 50 simple moving average (SMA) poses a challenge for the SAVM price. If the current bull momentum sustains, it could push the price above the 50 SMA.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) indicates a rebound at 40, surpassing the 50 midline level. If the momentum continues, the RSI could reach the overbought level of 70. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The price of SatoshiVM indicates a bullish trend reversal, with the bulls anticipating a breakthrough above the upper boundary of the falling wedge and aiming for the $15.2 mark.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As traders await better entry positions for the SVAM price, investors are eagerly buying SpongeV2. It’s a new presale that offers an excellent opportunity to earn up to 100X returns, as Sponge V1 did last year.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Sponge V2 Launch And Staking Campaign Gains Momentum<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The upcoming launch of <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Sponge V2 <\/span><\/a><span style=\"font-weight: 400;\">has attracted major interest thanks to its groundbreaking ‘Stake-to-Bridge’ mechanism. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The project has achieved a milestone with a staking campaign exceeding $5.3 million in anticipation of its official launch.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The objective for Sponge V2 is to emulate the remarkable achievement of Sponge V1, which experienced a surge of over 2,900% after its initial launch.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">📘 Visit our website and stake your <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&src=ctag&ref_src=twsrc%5Etfw\">$SPONGE<\/a> to be part of V2's TAKEOVER. <\/p>\n<p>Simple steps to significant rewards! <\/p>\n<p>GO GO GO! 🧽💦💦<a href=\"https:\/\/twitter.com\/hashtag\/CryptoStaking?src=hash&ref_src=twsrc%5Etfw\">#CryptoStaking<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&ref_src=twsrc%5Etfw\">#SpongeV2<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Web3?src=hash&ref_src=twsrc%5Etfw\">#Web3<\/a> <a href=\"https:\/\/t.co\/3TF0HZIT9k\">pic.twitter.com\/3TF0HZIT9k<\/a><\/p>\n<p>— $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1747921841279094836?ref_src=twsrc%5Etfw\">January 18, 2024<\/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;\">You can now be part of<\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400;\"> the Sponge V2 takeover<\/span><\/a><span style=\"font-weight: 400;\"> after its predecessor built a support base of 13,000 holders and secured listings on more than ten exchanges, including LBank, Toobit, CoinW, BTCEX, and BitMart. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">ClayBro, a crypto YouTuber boasting over 116K subscribers, says that $SPONGEV2 has the potential to mirror the success of the original $SPONGE, which saw a 100x surge in 2023.<\/span><\/p>\n<p><iframe title=\"Sponge V2 | This Meme Coin Saw 100x Gains In 2023! Can It Do The Same In 2024??\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/_awDkPhlZeQ?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;\">Furthermore, Tron founder Justin Sun, has acquired $SPONGE worth more than $90,000 after showing his interest in trading meme coins and promising projects in May last year.<\/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>— H.E. Justin Sun 孙宇晨 (@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<h2><span style=\"font-weight: 400;\">Stake $SPONGE, Play, Earn Passive Income <\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Investors can attain Sponge V2 tokens in two ways. You can buy and stake $SPONGE on the project’s website or stake your Sponge V1 tokens, which will be kept in the smart contract forever. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The more Sponge V1 tokens you stake, the more Sponge V2 tokens you get.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">🌟📈 Ready for explosive growth? <\/p>\n<p>Stake your <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&src=ctag&ref_src=twsrc%5Etfw\">$SPONGE<\/a> and be part of the bright future with <a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&ref_src=twsrc%5Etfw\">#SpongeV2<\/a>!<\/p>\n<p>With added utility and more exchanges on the horizon, we're here to take over! 🔥<a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&src=ctag&ref_src=twsrc%5Etfw\">$SPONGE<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Web3?src=hash&ref_src=twsrc%5Etfw\">#Web3<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&ref_src=twsrc%5Etfw\">#Altcoins<\/a> <a href=\"https:\/\/t.co\/iFrZxFShr9\">pic.twitter.com\/iFrZxFShr9<\/a><\/p>\n<p>— $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1748390044765716891?ref_src=twsrc%5Etfw\">January 19, 2024<\/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 platform allows holders of the initial $SPONGE to stake their tokens and earn $SPONGEV2, with appealing annual percentage rates reaching as high as 285%. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The total value of staked SPONGE tokens has surpassed 5.63 billion, with a valuation of over $5.45 million. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Exciting news, <a href=\"https:\/\/twitter.com\/hashtag\/SPONGERS?src=hash&ref_src=twsrc%5Etfw\">#SPONGERS<\/a>! 🔥🔥<\/p>\n<p>There are now over 5,627,448,685 <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&src=ctag&ref_src=twsrc%5Etfw\">$SPONGE<\/a> tokens staked with a value of $5,445,468.33 🤯🧽🧽<\/p>\n<p>Stake your tokens now to enjoy our current APY of +280%!<\/p>\n<p>GO GO GO 🚀<a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&ref_src=twsrc%5Etfw\">#SpongeV2<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/100x?src=hash&ref_src=twsrc%5Etfw\">#100x<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bullish?src=hash&ref_src=twsrc%5Etfw\">#Bullish<\/a> <a href=\"https:\/\/t.co\/PsD2Sycxjj\">pic.twitter.com\/PsD2Sycxjj<\/a><\/p>\n<p>— $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1749416716478681589?ref_src=twsrc%5Etfw\">January 22, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Sponge is also launching a <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\/\" rel=\"nofollow\"><span style=\"font-weight: 400;\">play-to-earn (P2E)<\/span><\/a><span style=\"font-weight: 400;\"> game, “Sponge Racer,” which is poised to attract new investors and players. The game will be available for all, featuring a free and paid version.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The game is powered by Sponge V2 tokens and integrated into the captivating Bikini Bottom, where you can collect Sponge tokens while undertaking exciting underwater adventures, creating opportunities to explore iconic settings, and unlocking rewarding incentives.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">🎮🌟 Get set to explore the unique <a href=\"https:\/\/twitter.com\/hashtag\/PlayToEarn?src=hash&ref_src=twsrc%5Etfw\">#PlayToEarn<\/a> game in <a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&ref_src=twsrc%5Etfw\">#SpongeV2<\/a>!<\/p>\n<p>Play, enjoy, and earn <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&src=ctag&ref_src=twsrc%5Etfw\">$SPONGE<\/a>! 🧽<\/p>\n<p>Visit our website to get involved before it's too late. 🤯⏰ <a href=\"https:\/\/twitter.com\/hashtag\/P2E?src=hash&ref_src=twsrc%5Etfw\">#P2E<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bullish?src=hash&ref_src=twsrc%5Etfw\">#Bullish<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/MemeCoin?src=hash&ref_src=twsrc%5Etfw\">#MemeCoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Web3?src=hash&ref_src=twsrc%5Etfw\">#Web3<\/a> <a href=\"https:\/\/t.co\/bI8DLlgfA9\">pic.twitter.com\/bI8DLlgfA9<\/a><\/p>\n<p>— $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1747302841776013370?ref_src=twsrc%5Etfw\">January 16, 2024<\/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;\">Crypto YouTuber Jacob Bury, who boasts over 26K subscribers, explains how you can acquire and reap the benefits of SpongeV2’s staking features. He also reveals that he currently holds $1,500 worth of the V2 token.<\/span><\/p>\n<p><iframe title=\"Is This MEME COIN Going to Pump?! (10x Potential Crypto?!)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/80fX_TDcE4k?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 join, you can start by visiting <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400;\">the official Sponge V2 website<\/span><\/a><span style=\"font-weight: 400;\">. Link your digital wallet to swap your ETH or USDT for V2 tokens. You can also buy directly using your bank card.<\/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\/best-penny-crypto-investments-top-picks-explosive-growth-calsona-j8nhe\"><span style=\"font-weight: 400;\">🚀 Best Penny Crypto Investments: Top Picks for Explosive Growth in 2024! 🚀<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/where-buy-presale-crypto-unlock-exclusive-early-now-calsona-q7xie\"><span style=\"font-weight: 400;\">Where to Buy Presale Crypto: Unlock Exclusive Early Investments Now! 🎉🎉<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\/\"><span style=\"font-weight: 400;\">How to Buy Bitcoin Online Safely<\/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\">Best Wallet - 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