Myro Price Soars 233% in a Week
If you’ve been following the cryptocurrency market, you’re likely aware of the recent surge in the price of Myro. Over the last week, prices have jumped a whopping 233%, reaching $0.07088. However, in the past 24 hours, prices have experienced only a slight increase. This has also been accompanied by a 31% drop in trading volume after an all-time high of $0.09400 was recorded.
What caused this monumental pump? Influencers have thrown their support behind the third meme coin on the Solana network, causing its significance to surge. Some of the top exchanges to look out for buying it are KuCoin, HTX, and MEXC Global, among others.
What Can You Expect From Myro Price?
At this point, Myro price is perched atop the strongest support represented at the 61.8% Fibonacci level at $0.06201. Technical indicators suggest that the Relative Strength Index (RSI), Average Directional Index (ADX), and Awesome Oscillator (AO) are all hinting at an opportunity for its price to go even higher in the near future.
On one hand, enhanced buying pressure could push Myro’s price past the 78.6% Fibonacci level ($0.07601) and even higher to $0.09384, signifying a 30% increase from the existing levels. Conversely, a decline could see Myro price slip below $0.06201, potentially falling to $0.04235 or $0.03019.
Sponge V2 Receives Support from Tron Founder Justin Sun
If you’re looking for an alternative to support, consider Sponge V2. This upgraded version of Sponge V1 has attracted the attention of crypto executives including Tron founder and Huobi Global advisor, Justin Sun. He believes that Sponge V2 has the potential for a strong impact in 2024 and is offering it his support.
The Next Meme Coin to Watch: Sponge V2
Sponge V2, available exclusively through the stake-to-bridge mechanism, is hailed as a promising alternative to Myro. By staking Sponge V1, you can earn Sponge V2 tokens. The longer you stake V1 tokens, the more V2 tokens you will receive, so don’t miss out on this promising opportunity to get in early on Sponge V2.
For more details on how to purchase and stake Sponge V2, visit the official website to secure your share of the V2 tokens.
Hot Take
When it comes to meme coins, the market can certainly be unpredictable. But with the recent surge in the price of Myro and the renewed interest in Sponge V2, it seems that there could be significant potential for continued growth in the meme coin space. As always, it’s important to carefully evaluate your investment decisions and stay updated on the latest developments in the market.
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