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Home»TRADING NEWS»Myro Price Prediction: MYRO Soars 3,354% in One Year, and Analysts Say This New Meme Coin Could Repeat That Feat in 2024.
TRADING NEWS

Myro Price Prediction: MYRO Soars 3,354% in One Year, and Analysts Say This New Meme Coin Could Repeat That Feat in 2024.

By Crypto FlexsJanuary 16, 20247 Mins Read
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Myro Price Prediction: MYRO Soars 3,354% in One Year, and Analysts Say This New Meme Coin Could Repeat That Feat in 2024.
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Miro prices have surged 34% in the last 24 hours. Traded at $0.1353 As of 2:05 a.m. ET, trading volume was down 24% to $37 million.

The price of Myro has surged 3,354% over the past year, making it the 10th largest meme coin with a current market capitalization of $136 million.

Myro price bullish momentum and breakout pattern

Myro price chart analysis.  Source: Tradingview.com
MYROUSDT chart analysis. Source: Tradingview.com

Labyrinth prices have persisted throughout December 2023, showing a breakout beyond the consolidation phase characterized by a fierce fight between bulls and bears vying for control.

Despite the prolonged struggle, strong support levels and a double bottom pattern fueled the bulls and allowed the price to surge beyond expectations. The double bottom pattern serves as a signal for traders to expand their long positions.

This breakout successfully broke the important resistance level of $0.052, showing the strength of the bulls.

Subsequent retests of this firmly held level presented an ideal entry point for bullish investors, driving the price even higher until it reached $0.18. However, at this point the bulls encountered resistance and the price fell.

Myro Price Remains Bullish, Bulls Target $0.3 Mark

The current price trend indicates positive near-term and medium-term momentum, with the stock trading above its 50-day simple moving average (SMA). To confirm a sustained bullish trend, the focus must now shift to overcoming the challenges presented by the 200-day SMA and reinforcing long-term bullish sentiment.

The Relative Strength Index (RSI), a momentum oscillator, shows a gradual upward trend above the midline of 50 and is trading in the overbought area of ​​80, indicating strong buying pressure.

Miro is experiencing overall bullish momentum thanks to the breakout of the double bottom pattern.

Bulls are targeting a possible rise to $0.3 by the end of January. However, if the bears continue their correction phase, there is a risk of selling into the protective support area of ​​$0.092.

As Myro continues its upward trend, analysts have recommended Sponge V2, Meme Kombat, and Wall Street Memes as top meme coin candidates to emulate its performance this year.

Buy and stake SPONGE for V2 token bonus with a goal of 100X

Sponge V2 The provided widget gives you the opportunity to purchase and stake $SPONGE to receive bonuses in V2 tokens.

🛡️💼 Previous $sponge Holders, now is the time to secure your stake in the V2 launch!

your $sponge Join us on an exciting new journey now.

Don’t miss it! 🤯#Crypto Staking #memecoin #how pic.twitter.com/pTx2ytCUzy

— $SPONGE (@spongeoneth) January 14, 2024

Sponge V1 has succeeded in achieving a market capitalization of $100 million with over 13,000 holders on its platform. Sponge V2 We aim to achieve a 100x return on investment.

Sponge V1 has also been listed on over 10 centralized exchanges, including LBank, Toobit, CoinW, BTCEX, and BitMart.

Tron founder Justin Sun holds about $90,000 worth of $SPONGE, sparking buyer sentiment among investors and traders. This is after announcing his plan to trade promising projects with meme coins in May 2023.

I decided to actively trade meme coins and promising projects through public addresses. Any losses that may arise from these transactions will be personally borne by me, and all profits generated will be donated to charity.

— HE Justin Sun Sun Yuchen (@justinsuntron) May 11, 2023

You can sign up for Play to Earn (P2E) Free and premium versions coming soon. The premium version allows you to purchase additional game credits using $SPONGEV2 tokens, increasing your chances of earning additional $SPONGE.

The platform also offers a staking option where you can stake your earned V1 tokens and access new SPONGE V2 tokens that undergo automatic bridging. Over 4.7 million tokens were deposited and staked in the bridging contract.

📢Daily staking updates!

Today, a whopping 4,705,172,778 people $sponge Tokens are staked and have a total value of $3,944,150.86! 🤯

Plus, our holders enjoy an impressive 343% APY.

Don’t miss out on these amazing rewards! 🧽🧽🧽#AltSeason #SpongeV2 #Cryptocurrency pic.twitter.com/b4i7vD0uTY

— $SPONGE (@spongeoneth) January 12, 2024

Jacob Bury, a cryptocurrency YouTuber with over 26,000 subscribers, explains in a recent video how you can earn and benefit from the new staking feature. He also said he purchased $1,500 worth of tokens, expecting it to bring huge returns to SpongeV2 investors.

To participate in the staking process, please visit: Sponge V2 official website Connect your digital wallet to exchange ETH or USDT for V2 tokens. You can also make direct purchases using your bank card.

Meme Kombat (MK) presales exceed $6.8 million.

Another coin that analysts are very bullish on is: Meme Combat (MK). Presales exceeded $6.8 million as the project reached its $8 million goal. Investors are rushing to fill their bags with MK tokens. We offer a discounted rate of $0.279.

We raised $6.8 million. $MK Pre-sale and 1000 Discord members⚔️

Congratulations fighters! pic.twitter.com/LXTzhNScON

— Meme Kombat (@Meme_Kombat) January 14, 2024

combat memes A cutting-edge gaming platform built for enthusiasts that rewards active betting and passive staking.

The platform uniquely merges GameFi with meme characters, allowing players to engage in battles featuring their favorite memes. Players can receive significant rewards if their chosen character wins.

Meme Kombat aims to be one of the best fighting games in the market, especially in the web3 gaming space⚔️

What is your favorite fighting game of all time? pic.twitter.com/zlbIjXz3AW

— Meme Kombat (@Meme_Kombat) January 14, 2024

You can participate in Kombat Season 1, where 11 memes will compete.

The Meme Kombat team is also working to complete Meme Kombat NFTs in a timely manner. With its visually appealing design, this NFT promises significant utility in MK Season 2 and offers a unique fusion of art and functionality.

There is also an opportunity to stake the MK tokens earned, which guarantees a 178% Annual Percentage Yield (APY).

4 hours to price $MK It goes up to $0.268⏰.

While you’re at it, take a look at some of the major purchases that came in over the past day. One costs a whopping $84,000 and the other costs $20,000🎉 pic.twitter.com/tsGsvuPujG

— Meme Kombat (@Meme_Kombat) December 28, 2023

Crypto analyst and YouTuber Austin Hilton recently introduced the Meme Kombat project, providing insight into purchasing and staking tokens for profitable returns.

To participate in the MK pre-sale Meme Kombat Official WebsiteConnect your Web 3 wallet and exchange ETH, USDT or BNB for MK tokens.

Wall Street Memes Casino Sets WSM Bullish Trajectory for 2024

The price of Wall Street Memes (WSM) rose 0.48% over the last 24 hours, reaching $0.0145.

You can now sign up and enjoy a 200% bonus upon signing up and become one of the WSM Casino players. Generated over $11 million Earn money by participating in over 5,000 games.

2024 will be a tough journey pic.twitter.com/FLfecWP1Mv

— Wall Street Memes (@wallstmemes) January 12, 2024

The player base has expanded to surpass 100,000, with a total revenue of $20,777 in the last 24 hours, indicating significant growth potential for cryptocurrency gambling.

To purchase WSM tokens, visit the official site. website here.

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