{"id":606848,"date":"2024-12-04T16:58:02","date_gmt":"2024-12-04T16:58:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=606848"},"modified":"2024-12-04T16:58:02","modified_gmt":"2024-12-04T16:58:02","slug":"is-it-too-late-to-buy-stnk-stonks-price-soars-127-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-stnk-stonks-price-soars-127-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy STNK? Stonks Price Soars 127% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Stonks price surged over 127% in the last 24 hours to trade at $347.95 as of 6:22 a.m. EST as investors go long on the altcoin.<\/span><\/p>\n

This strong 24-hour performance by the STNK price was enough to erase its weekly loss. As a result, the crypto is in the green by more than 24% on the longer-term time frame.<\/span><\/p>\n

Stonks Price Challenging The $359.34 Resistance<\/span><\/h2>\n

\"STNK<\/p>\n

4-hour chart for STNK\/USD (Source: GeckoTerminal)<\/span><\/p>\n

The Stonks price <\/span>broke above<\/span><\/a> the $309.32 resistance level in the last couple of hours, and is attempting to overcome the next barrier at $359.34. Recently, the <\/span>crypto<\/span><\/a> managed to rise above $359.34, but bears quickly pushed the altcoin’s price back down. Should STNK close a 4-hour candle above this threshold within the next 8 hours, it could rise to as high as $409.36.<\/span><\/p>\n

Conversely, the Stonks price failing to close a 4-hour candle above $359.34 within the next 8 hours might lead to a correction in the <\/span>crypto’s<\/span><\/a> price. In this alternative scenario, STNK could lose the support of the recently-breached $309.32 mark. Thereafter, continued sell pressure might lead to STNK falling below the $257.38 support to potentially as low as $209.29.<\/span><\/p>\n

Technicals Suggest Bulls Are Still In Control Of The Stonks Price<\/span><\/h2>\n

Technical indicators on STNK’s 4-hour chart suggest the Stonks price might keep climbing through the course of the next trading day. Short-term Exponential Moving Averages (EMAs) show that momentum currently favors buyers. This is after the 9 EMA crossed above the longer 20 EMA in the last 24 hours.<\/span><\/p>\n

Meanwhile, the Moving Average Convergence Divergence (MACD) indicator suggests STNK is currently in a bullish cycle. With the MACD line positioned above the MACD Signal line, it appears bulls have the upper hand against bears. Additionally, the growing margin between the two MACD lines suggests that STNK’s positive momentum is picking up steam.<\/span><\/p>\n

If these bullish technical signs influence traders’ decision making in the coming 24 hours, the Stonks price might soon establish a position above the $359.34 resistance.<\/span><\/p>\n

As STNK tries to overcome another technical barrier, investors are turning to the presale for new meme coin <\/span>Wall Street Pepe (WEPE)<\/span><\/a> to maximize their returns in the anticipated Trump-fueled 2025 crypto bull run.<\/span><\/p>\n

Empowering Smaller Traders To Compete With The Crypto Elites<\/span><\/h2>\n

Wall Street Pepe (WEPE) is the latest meme coin project to leverage the popular Pepe brand. At the core of the project is the WEPE Army, which is a group of degen traders who constantly share exclusive market insights as well as high-return alpha calls and trade opportunities. By joining the group, traders can trade like Pepe and compete directly with crypto whales.<\/span><\/p>\n

With talks of an upcoming bull run, traders and investors of all experience levels stand to benefit from becoming a member of the rapidly-growing Wepe Army. With the group’s market insights in hand, investors can take advantage of the upcoming market rally during pro-crypto Trump’s second term in the White House. This could lead to the next wave of crypto millionaires.<\/span><\/p>\n

To join the group, investors will simply need to buy the project’s native WEPE token. After buying the meme coin, investors will immediately gain access to the Wepe Army’s exclusive insights. Traders can also submit their own alpha trade ideas for the chance to earn additional WEPE rewards if the trades go their way.<\/span><\/p>\n

In addition to the alpha calls and potential to earn additional WEPE rewards, investors can also grow their holdings in the Pepe-themed meme coin passively by staking their tokens. Anyone who locks up WEPE now will unlock access to a humongous 1,320% annual staking return.<\/span><\/p>\n

An analyst from the Cryptonews YouTube channel, which has over 13K subscribers, said in a recent video that WEPE Token has “insane potential.”<\/span><\/p>\n