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Home»BITCOIN NEWS»SatoshiVM Price Prediction: SAVM Plunges 15%, but The Second Coming of This Meme Coin Could Rise 100X Again.
BITCOIN NEWS

SatoshiVM Price Prediction: SAVM Plunges 15%, but The Second Coming of This Meme Coin Could Rise 100X Again.

By Crypto FlexsJanuary 23, 20245 Mins Read
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SatoshiVM Price Prediction: SAVM Plunges 15%, but The Second Coming of This Meme Coin Could Rise 100X Again.
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SatoshiVM price has plummeted 15% in the last 24 hours. Deal for $9.64 As of 1:56 a.m. EST, trading volume was down 10% to $27 million.

SatoshiVM price weakness causes the price to fall and a downward wedge to form.

SatoshiVM price chart analysis.  Source: Tradingview.com
SAVMUSD chart analysis. Source: Tradingview.com

SatoshiVM price indicates a bullish trend reversal as the price forms a descending wedge pattern. This is used by traders to signal the continuation of a bullish trend.

Bulls faced resistance at $14.2, preventing further gains and allowing bears to put pressure on the price, forming a falling wedge pattern.

Despite the pullback, bulls showed resilience, suggesting a bounce back to support at $8.97 could push the price above the wedge.

SatoshiVM price bullish momentum target $15.2

50 Simple Moving Average (SMA) poses a challenge to SAVM price. If the current bullish momentum continues, the price could rise above the 50 SMA.

The relative strength index (RSI) rebounded to 40, indicating that it has surpassed the midline level of 50. If this momentum continues, RSI could reach the overbought level of 70.

The price of SatoshiVM indicates a bullish trend reversal. Bulls expect a breakout above the upper limit of the descending wedge and are targeting $15.2.

Investors are buying SpongeV2 with enthusiasm as traders wait for a better entry position into SVAM price. Just like last year’s Sponge V1, this is a new pre-sale that gives you a golden opportunity to win up to 100x your profits.

Sponge V2 launches and staking campaign gains momentum.

coming soon Sponge V2 It attracted a lot of attention thanks to its groundbreaking ‘Stake-to-Bridge’ mechanism.

The project achieved this milestone with a staking campaign exceeding $5.3 million in anticipation of its official launch.

The goal of Sponge V2 is to emulate the incredible performance of Sponge V1, which experienced a surge of over 2,900% following its initial launch.

📘 Visit our website to stake. $sponge I participated in V2’s TAKEOVER.

Earn great rewards in simple steps!

Go go go! 🧽☀️#Crypto Staking #SpongeV2 #web3 pic.twitter.com/3TF0HZIT9k

— $SPONGE (@spongeoneth) January 18, 2024

Now you can participate too Acquisition of Sponge V2 This follows its predecessor building a support base of 13,000 holders and securing listings on more than 10 exchanges, including LBank, Toobit, CoinW, BTCEX and BitMart.

Crypto YouTuber ClayBro, who boasts over 116,000 subscribers, says $SPONGEV2 has the potential to mirror the success of the original $SPONGE, which surged 100x in 2023.

Additionally, Tron founder Justin Sun acquired $SPONGE worth more than $90,000 in May last year after showing interest in meme coin trading and promising projects.

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

Stake $SPONGE, Play, and Earn Passive Income

Investors can obtain Sponge V2 tokens in two ways. You can purchase and stake $SPONGE on the project website or stake Sponge V1 tokens, which are stored forever in the smart contract.

The more Sponge V1 tokens you stake, the more Sponge V2 tokens you get.

🌟📈 Are you ready to achieve explosive growth?

your $sponge Be part of a bright future. #SpongeV2!

With added utility and more exchanges, we’ve got you covered! 🔥$sponge #Cryptocurrency #web3 #altcoin pic.twitter.com/iFrZxFShr9

— $SPONGE (@spongeoneth) January 19, 2024

The platform allows early $SPONGE holders to stake their tokens and earn $SPONGEV2, with an attractive annual percentage rate of up to 285%.

The total value of staked SPONGE tokens has exceeded $5.63 billion and is valued at over $5.45 million.

Interesting news, #Sponger! 🔥🔥

There are currently over 5,627,448,685 people. $sponge $5,445,468.33 worth of tokens staked 🤯🧽🧽

Stake your tokens now and enjoy a current APY of +280%!

Go go go 🚀#SpongeV2 #Cryptocurrency #100x #stress pic.twitter.com/PsD2Sycxjj

— $SPONGE (@spongeoneth) January 22, 2024

Sponge is also on the way. Play to Earn (P2E) The game ‘Sponge Racer’ is trying to attract new investors and players. This game is available to everyone in both free and paid versions.

The game is powered by Sponge V2 tokens and integrated into the alluring Bikini Bottom, allowing players to undertake exciting underwater adventures while collecting Sponge tokens, creating opportunities to explore iconic settings and unlock rewarding incentives.

🎮🌟 Get ready to explore something unique. #PlayToEarn In game #SpongeV2!

Play, Enjoy, Earn $sponge! 🧽

Visit our website and get involved before it’s too late. 🤯⏰ #P2E #stress #memecoin #web3 pic.twitter.com/bI8DLlgfA9

— $SPONGE (@spongeoneth) January 16, 2024

Jacob Bury, a cryptocurrency YouTuber with over 26,000 subscribers, explains how you can acquire and utilize SpongeV2’s staking feature. He also revealed that he currently holds $1,500 worth of V2 tokens.

To sign up, you can get started by visiting: 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.

Related news

A new cryptocurrency mining platform – Bitcoin Minetrix

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