Gorilla Price Prediction: GORILLA Meme Coin Soars 10% But Traders Are Rushing To Buy This Competitor Before It’s Too Late.

adminFebruary 12, 2024

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Gorilla price has traded up 10% in the last 24 hours. $0.00717 As of 12:00 AM EST.

The recent string of pumps has landed meme coins on CoinMarketCap’s list of top trending coins this week.

#CMCStats: Weekly top trends 🚀
Jupiter $JUP While Flare takes the lead $FLR The rising trend generates interest.
Pay attention to these tokens that are making big waves in the market! 🌊
👉 More popular names: https://t.co/javrhjEcHI pic.twitter.com/NuQvkKkSbj
— CoinMarketCap (@CoinMarketCap) February 9, 2024

Gorilla Price Prediction: Will Gorilla Continue to Raise Prices?

Analyzing the 2-hour GORILLA/USDT chart, we can see that Gorilla price action is displayed through red and green candlesticks, indicating bearish (falling) and bullish (rising) periods respectively. This marks a somewhat volatile trading period. The PPO line is relatively flat, indicating that there may not be a strong trend in either direction.

Meanwhile, the Money Flow Index (MFI) is relatively high at 63.91, indicating that the market is generally bullish but has not yet entered overbought territory. However, as an overbought situation approaches, caution is needed for a short-term correction.

If you take a look at the Auto Pitchfork Tool, a tool consisting of parallel trend lines that establish potential support and resistance levels for the price, you will see that the price is trading within the pitchfork, moving back and forth between the central trend line and the trend line. External boundary, later connected to the outside of Pitchfork support. This indicates a possible bullish reversal or continuation of Gorilla price where the support line has been broken.

2-hour GORILLAA/USDT chart | Source: TradingView

Meanwhile, investors are flocking to buy stocks. Sponge V2 Last year, the meme coin was launched ahead of its imminent launch with expectations that it would repeat the 100x gains of its predecessor, $SPONGE.

Jacob Bury, a cryptocurrency analyst and YouTuber, has over 27,000 followers. SpongeV2 is one of the best pre-sale investments of 2024.

Attractive meme coin to replace gorilla

Sponge V1 has achieved a market cap of $100 million and amassed over 13,000 holders, prompting Tron founder Justin Sun to purchase tokens currently worth around $90,000.

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

All holders of $SPONGE were migrated to Sponge V2 on the more secure Polygon network after Sponge V1 was officially shut down on February 5th.

Important information 🌟
The exchange is preparing for the transition. $sponge From V1 to V2!
Check out the article below!
1️⃣ @bitgetglobal
👉https://t.co/by2YqzvyUp
2️⃣ @Mex
👉 https://t.co/dMbCUvVuG7#SpongeV2 #Cryptocurrency #web3 #altcoin #memecoin pic.twitter.com/hHSWtAurPJ
— $SPONGE (@spongeoneth) February 5, 2024

The V2 project introduces exciting new features such as token staking. Sponge V2any Earn an incredible 1,702% APY today. This stake-to-return initiative provides investors who missed out on the Gorilla price pump with another opportunity to earn big returns.

But the most notable new feature coming to Sponge V2 is Play-to-Earn (P2E) gaming. The team is planning to release a new game. sponge racerThere is a free version and a paid version where players can participate in races and earn token rewards.

Crypto YouTuber Bury says Sponge V2 has 100x potential again once it’s released.

As Sponge V2 prepares to be listed on major exchanges, time is running out to purchase the token.

To participate in the presale, visit: 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.