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Banana Gun price has surged 28% in the last 24 hours. Traded at $69.78 As of 4:02 a.m. ET, trading volume had surged 1,231% to $35 million.
This comes after the largest cryptocurrency exchange, Binance, announced Banana Gun as the first project for its Binance HODLer airdrop.
After the airdrop, Binance Spot will officially list BANANA on July 20th, listing BTC, USDT, BNB, FDUSD, and TRY pairs.
After the announcement, Banana Gun’s price soared, rising 59% from its bullish low of $55 to a high of $86.90.
BANANA bounced yesterday and is trading within the 72 range, with the price action forming an ascending triangle pattern on the 1-hour chart. Gecko Terminal.
Banana Gun Price Soars Above Ascending Triangle
Banana Gun price is currently in a very strong bullish trend, trading well above both the 50-day and 200-day simple moving averages (SMA).
Additionally, the Relative Strength Index (RSI) is trading above the 50-midline level but is declining, indicating that sellers are preparing to sell, which could lead to a downtrend below the ascending triangle.
However, the Moving Average Convergence Divergence (MACD) is bullish and is rising gracefully above the zero line. With the green bar on the histogram forming above the neutral line, the price of Banana Gun shows that the asset is currently in positive momentum.
According to Banana Gun price analysis, BANANA could be in for a bullish rally as investors push the token above the ascending triangle pattern, targeting $82.57.
Conversely, if investors start selling using the RSI, the price may return to the $61.26 support level (50-day SMA).
Investors looking for a cryptocurrency with a bullish outlook like BANANA can also consider the new pre-sale. Meme Game (MGME)It raised over $160,000 in just two days after launch.
According to Jacob Bury, a popular cryptocurrency analyst on YouTube, $MGME has the potential to surge 10x after its launch.
Meme Games ICO Raises Over $160K – What Are the Best Meme Coins to Buy Now?
Meme Games is an innovative gamified meme token project that combines popular crypto meme characters. This unique concept adds an exciting competitive element by offering token bonuses to pre-sale purchasers if they win the event.
Crypto Breaking News
Meme Games raised over $100,000 in its first day of presale. The Meme Games presale raised over $100,000 in its first 24 hours, putting the spotlight on the booming memecoin sector. #Partner Content Check us out at https://t.co/8dh137buUp pic.twitter.com/YwzyP2glE4— InnovatekMobile (@Neome_com) July 17, 2024
The project was inspired by the 2024 Olympics, fusing the passion for cryptocurrency meme coins with the spirit of athletic competition.
Participants will be able to choose Dogecoin, Pepe, DogWifHat, Brett or Turbo to watch as they compete for the gold medal. With each token purchase, buyers will be able to choose a meme player to earn additional tokens.
Meme player selection is random and verified through blockchain technology to ensure fairness.
Token holders can also passively earn returns through the project’s staking mechanism. Buy and Stake $MGME It boasts an impressive 1,869% return on investment (APY).
You can buy $MGME tokens for $0.009 each, but the price increase will be coming in less than a day, so buy fast to secure the best deal.
To participate in the pre-sale Buy $MGME on the official website here Use ETH, BNB, USDT or your bank card. Buy now and get a 25% bonus on your investment.
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