By In the latest Solana memecoin DEXtools moonshot, 2024 coin has gone viral, posting a 22,000+ 2024 Price, explore 2024 price analysis and find out if this other crypto could be next.
This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless Solana memecoin moon-shots garnering significant attention, including SOLAREUM, Joe on SOL, BINK, BONG and MUSK.
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— SamuraiYemurai $SSHIB (@SamuraiYemurai) January 1, 2024
Viral success for the 2024 coin appears to have been unlocked by a play on the wide-spread view that Solana will experience substantial growth over the coming year – fuelled by a Bitcoin bullrun.
2024 Price Analysis: Can Solana Memecoin 2024 Coin Sustain +22,000% Rally?
As retracement threatens to grip the chart, 2024 Coin is currently trading at a market price of $0.02225513 (representing a 24-hour +22,170%) – lets dig into 2024 price analysis.
Viral success was unlocked at 11AM (UTC) on January 14, in a move that quickly gained magnetic traction, triggering a major rally that saw a whopping 8-hours of consecutive upside price moves – ultimately gaining an initial +19,700%.
Notably, around 7pm (UTC) a brief consolidation was triggered, forming a lower support level for a potential retracement around $0.01648.
Yet, a second bounce saw a further +37.5% gain, with 2024 price topping out at an all-time high around $0.0263 at 3Am (UTC) on January 15.
With early-backers sat on as much as a +22,170% gain, price action has shifted into a minor localized retracement move.
A potential lower support is available almost immediately below current price levels at $0.0215.
However, for 256 holders, cause for concern remains – especially given the meagre $21.29k liquidity pool (unlocked) against the whopping $222.55k market cap for 2024 crypto.
2024 price analysis leaves a significant number of holders exposed to a potential honey-pot, unable to sell and lock-in their gains, and further a high risk of liquidity pool removal – which could see all holders trapped.
For this reason, a better play emerges in the SpongeV2 presale – which offers early entrant trading and a reliable liquidity pool to secure your profits.
Sponge V2 Launch ($SPONGEV2): A New Era in Meme Coin Evolution – Poised To Outperform 2024 Coin and Other Solana Memecoin?
Sponge V2, the latest iteration of the renowned Sponge ($SPONGE) meme coin, is making waves in the cryptocurrency market.
Following the phenomenal success of Sponge V1, which peaked at nearly $100 million in market cap and amassed over 13,000 holders, Sponge V2 arrives with promising innovations and opportunities for investors.
How to Acquire Sponge V2
Acquiring Sponge V2 is unique:
Stake Sponge V1: Buy and stake V1 tokens via Sponge.vip or stake your existing V1 tokens.
Earn More V2: The longer and more V1 tokens you stake, the more V2 tokens you earn.
Read more:Best Crypto to Invest In 2024
Staking Mechanics and P2E Integration
Sponge V2 introduces Play-to-Earn (P2E) utility, enhancing its ecosystem.
Stake your V1 tokens to earn V2, and engage in the upcoming P2E game to earn additional $SPONGEV2 tokens.
Moreover, this P2E game, a new utility in the Sponge ecosystem, will feature both free and paid versions for enhanced gaming and earning experiences.
Unique Aspects of Sponge V2 Over 2024 Coin Price Pump
Exclusive Access: Earn $SPONGEV2 exclusively through $SPONGE staking.
Bonus Rewards: Buying and staking $SPONGE offers special $SPONGEV2 bonuses.
Passive Earnings: Staked $SPONGE tokens yield passive rewards, starting at a minimum 40% APY.
Permanent Transition: Staking V1 tokens will result in their permanent locking, shifting the focus to V2 post-launch.
Roadmap and Future Prospects
Sponge V2’s roadmap is ambitious, targeting 10,000 holders, Tier 1 CEX listings, and a $100M market cap.
The launch stages include the Sponge game’s development and the Sponge V2 claim and listing.
Sponge V2 is not just a sequel to its predecessor; it’s a reinvention with a focus on utility and community engagement.
The integration of P2E and exclusive staking mechanisms make it a standout project in the meme coin domain.
Stay updated on Sponge V2’s journey through social channels and witness its growth in the crypto world.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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