NEO Price Surges by 10% as Trading Volume Soars
The NEO price has seen a significant increase, reaching $14.15 at 6:23 a.m. EST. This surge in price is attributed to a 597% spike in daily token trading volume, which reached $667.14 million. Over the course of the week, the value of NEO has risen by 54.2%, attracting the attention of investors and traders.
NEO Blockchain Popularity Drives Price Increase
The rise in NEO’s price can be attributed to the growing popularity and utilization of the NEO blockchain, particularly in October. The NEOGas token is used for smart contracts and token transfers within the network, driving demand for NEO.
Neo Price Technical Analysis: Bull Market Imminent?
Technical analysis of the NEO chart suggests a shift to a bullish trend. The support level at $6.65 has proven resilient, allowing the bulls to take control and push the price up to the $15.5 resistance level. Despite a minor setback, strong bullish sentiment remains, indicating a resilient trend.
NEO Price Targets $21 Level
NEO is currently following an overarching bullish trend, with investors eyeing a potential target of $21.1. The recent bounce back from the $8.42 support zone, supported by the 200-day moving average, indicates positive momentum that may help investors recover their losses.
BTCMTX Presale Poised for Success
The BTCMTX presale is in its fifth phase and has raised over $3.4 million so far, with less than 24 hours remaining until its conclusion. As it approaches its soft cap target of $3.9 million, there is anticipation that the token’s value will increase. The presale has an upper limit of $15 million, and participants can acquire up to 77.5% of the total token supply.
Buy BTCMTX Tokens and Stake to Mine
By acquiring BTCMTX tokens, you have the opportunity to stake them and generate mining credits once the app is released. Staked tokens will produce mining credits over time, increasing your earnings from Bitcoin cloud mining. Participating in the presale also gives you a chance to win a $3,000 prize.
Participate in BTCMTX Presale
To participate in the BTCMTX presale, you can buy tokens using ETH, USDT, BNB, or a bank card. Simply connect your wallet and use the presale widget for token acquisition. Make sure you have enough ETH or BNB to cover any gas fees.
Hot Take: Exciting Opportunities for NEO and BTCMTX Investors
The recent surge in NEO’s price and the success of the BTCMTX presale present exciting opportunities for investors. With increasing popularity and utilization of the NEO blockchain, as well as the potential for significant returns from staking BTCMTX tokens, now is a great time to get involved in these projects.
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