Voyager (VGX) Witnesses Price Surge Due to False Acquisition Rumors
Voyager (VGX) experienced a sudden surge in price on September 11 after false rumors circulated about a Blackrock-Voyager acquisition. The token’s value briefly increased by 8% and reached a peak of $0.16. However, once the fake news was debunked, VGX quickly depreciated.
VGX Token Surges on Fake BlackRock-Voyager Acquisition News pic.twitter.com/mUUNoMLj8I
— Bradicoin (@Bradicoin10) September 11, 2023
Currently, VGX has experienced a 0.2% decrease in the last 24 hours and is trading at $0.132.
VGX Consolidation Phase
After a downward trend, VGXUSDT has entered a consolidation phase that has lasted for several weeks. The bearish sentiment is confirmed by the moving average crossover at $0.45. However, a falling wedge pattern has emerged, indicating a potential shift in trend towards a bullish direction. To confirm this, the price must break out of the consolidation phase and surpass the 50-day Simple Moving Average (SMA). A breakthrough above the 200-day SMA would confirm a bullish rally. The Relative Strength Index (RSI) is currently bullish, indicating the strength of the bulls in the market. Based on chart analysis, the VGX price may potentially surge to $0.58 following a breakout above the consolidation stage, but a challenge awaits at the 200-day SMA.
Wall Street Memes (WSM) Lists on Tier 1 Exchanges in 15 Days
Wall Street Memes (WSM) has successfully raised over $25 million in initial capital and is in its final presale phase. The project is set to launch on several top-tier exchanges in just 15 days, which is expected to increase trading volumes and market activity. The project has gained credibility through active engagement from influential figures like Elon Musk and coverage from reputable crypto publications. The WSM token has maintained a stable price trajectory throughout its presale journey, ensuring fair distribution and addressing concerns about price manipulation. With its focus on stability and token staking, Wall Street Memes aims to curb sudden sell-offs and market crashes.
Wall Street Memes High-Yield Staking Mechanism
Wall Street Memes has positioned itself for listing on major exchanges and promotes token staking to prevent sudden sell-offs and potential market crashes. The community’s enthusiasm for this mechanism is evident through the rapid accumulation of staked tokens. The latest staking update shows that over 212 million WSM tokens have been staked, offering an estimated annual percentage yield (APY) of 94%. The project rewards participants with 75 rewards per block, and the total supply of WSM tokens is 1.6 billion. Wall Street Memes has a large user base and fosters an inclusive landscape for crypto investing through an extensive library of memes and interactive experiences.
Hot Take: Wall Street Memes (WSM) Poised for Success with Tier 1 Exchange Listing
Wall Street Memes (WSM) is generating significant buzz as it prepares to list on tier 1 exchanges in just 15 days. With a strong community and endorsements from influential figures, WSM is positioned for substantial trading volumes and market activity. The project’s emphasis on fair distribution and stability, along with its high-yield staking mechanism, sets it apart in the crypto space. As the project gains traction, there is potential for a momentous surge in the upcoming months. Investors seeking an attractive entry point should consider acquiring WSM tokens before the expected surge. With multiple payment options available, including Ethereum, Tether, and bank card transactions, participating in the WSM token sale is accessible to a wide range of investors.
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