Degen Price Prediction: DEGEN Is The Top Meme Coin Loser With A 16% Plunge As Analysts Say They Consider This 2.0 ICO For Explosive Potential.

adminApril 12, 2024

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Degen prices have plummeted 16% in the last 24 hours. Traded at $0.03401 As of 7:05 a.m. EST, trading volume was down 10% to $71.2 million.

Degen is also the biggest meme coin loser among the top 100 coins by market capitalization.

Degen Price Bulls Form Descending Wedge Pattern: Can Bulls Regain Momentum?

Even if the price of DEGEN falls, the formation of a falling wedge pattern is a sign that bulls can continue to push the price higher. If momentum continues, the bulls could push the price past the wedge and continue the upward trend.

epee price

DEGENUSDT Analysis by Tradingview

The bulls successfully held the price above the 200-period simple moving average (SMA) on the 4-hour chart, indicating a bullish trend. However, for the expected rally to be validated, continued bullish pressure would need to push the price above the 50-day SMA.

The Relative Strength Index (RSI) has dipped below the moderate 50 level, but there are signs it could bounce back near 39 and rise into overbought territory at 70.

Degen Price signals a bounce to another rally.

Degen price indicates a bullish stance. Bull markets are gearing up for another surge to continue the rally above all-time highs. Increasing momentum could lead the bulls to surge the price, surpassing the all-time high in the coming weeks and reaching a new high of $0.07218.

Conversely, if the downtrend continues, the price may fall below the lower border of the triangle at the $0.01913 support zone, which coincides with the 200 SMA.

SPONGEV2: The Best 100X Meme Coins You Can Buy Now!

There is a lot of buzz going around about another meme coin called ‘Degen’ as traders wait for a favorable entry point into the Degen price. Sponge V2. YouTube channel 99Bitcoins says 100X could become the next meme coin upon launch.

SpongeV2 aims to build on the performance of Sponge V1, which soared to a peak market capitalization of $100 million while providing early investors with a 100x return on investment.

Earn passive income through P2E and staking

Sponge V2 offers enhanced features and better value to token holders. that Staking OptionsFor example, it offers holders an impressive Annual Percentage Yield (APY) of 166% on Ethereum and 358% on the Polygon network.

The platform also plans to release money-making racer games in both paid and free versions. In the paid version, SPONGE is used as in-game credits, and rewards are also given in Meme Coins.

Do not forget it. #Sponger! 🧽︎#SpongeV2 has some exciting utilities coming soon. #P2E game! 🔥
Get ready to profit $sponge Play games to earn tokens and rank on the leaderboard.
Stay tuned for more details! 🚀#memecoin #Cryptocurrency #how #100x pic.twitter.com/5aaLxGz8N1
— $SPONGE (@spongeoneth) March 22, 2024

There is talk that SpongeV2 has been listed on several top exchanges, adding to expectations of a large-scale launch.

If you want to purchase SpongeV2, you can easily purchase it from the following site. Access the project’s official website using ETH, MATIC, USDT or a bank card.

SMOG – Meme Coin with Rewards