The Woo Network Price
The Woo Network price has increased by 31% over the past 24 hours, reaching $0.478 with trading volume spiking 131% to $172 million. In the past week, the Woo Network price jumped 75%, surpassing the global cryptocurrency market’s 3.40% increase, with a market capitalization of $852 million.
Can Bulls Sustain The Momentum?
Woo’s bullish momentum is due to a breakout from the accumulation stage, pushing its value from the $0.16 support zone to $0.22. There is resistance near $0.22, but bulls have regained control around the $0.32 support level. An upward trend is indicated by the Relative Strength Index (RSI) and the moving averages, pointing to a potential 40% increase to $0.65. However, if bears gain traction, a decline towards the $0.35 support level is feasible.
Meme Kombat
While the Woo Network continues to rise, investors have turned to the Meme Kombat token. The token offers a profitable staking program, and investors believe it has the potential to increase tenfold upon launch. Meme Kombat’s pre-sale has raised $3.8 million, nearing its $5 million target with a 48-hour window to acquire the tokens at a discounted price of $0.246. Afterward, the price rises to $0.257.
Stake Your Tokens, Wager, Earn Passive Income
Engaging in Meme Kombat’s pre-sale grants financial rewards, while participating in the platform’s crypto games enriches the investment experience. By purchasing MK tokens, you can stake and wager on characters in battles, allowing you to earn from the stake-to-earn and play-to-earn models, with an annual percentage yield (APY) of 234%. Jacob Bury, a well-known crypto expert and YouTuber, predicts that Meme Kombat has the potential to 10X upon launch.
New Crypto Mining Platform
Coinsult Decentralized has audited Bitcoin Minetrix, a new mining platform. The platform allows users to effortlessly mine Bitcoin and offers free Bitcoin daily, and its native token is now on pre-sale, providing staking rewards of over 100% APY.
Hot Take
Woo Network’s bullish surge is attributed to a breakout from the accumulation stage, indicating a potential 40% increase to $0.65. Although Meme Kombat, a new project, has gathered investor attention, offering profitable staking and gaming opportunities, as popular crypto expert Jacob Bury predicts a significant increase in the token’s value upon launch.
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