Bitcoin
Cosmos Price Prediction: ATOM Pumps 4% Amid The Crypto Flash Crash As Experts Say This 2.0 Meme Coin Might 100X Again
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The Cosmos value pumped 4% previously 24 hours to commerce for $8.476 as of 02:30 a.m. EST time, alongside a buying and selling quantity surge of 152%.
The ATOM value rose regardless of the broader flash crypto crash. It’s attributed partly to staking on the Cosmos chain and comes as group members anticipate the COOK airdrop for ATOM and OSMO token holders.
1/3 Bear in mind the brand new #Airdrop, specifically #COOK, for $ATOM and $OSMO stakers?
The countdown is on!
Solely 2 days left till the launch on @osmosiszone, adopted by the anticipated $COOK distribution for utilized individuals⏳ 🚀#Cosmos pic.twitter.com/9ckOV6smqN— Cosmos | Everstake (@EverstakeCosmos) April 30, 2024
Cosmos Worth Outlook
In the meantime, the Cosmos value is consolidating inside a descending parallel channel on the day by day timeframe. Essential help is offered at $7.643, marking two equal lows. If this help stage fails to carry, the Cosmos value might prolong the autumn. This might see the altcoin revisit the $6.158 vary low, almost 30% beneath present ranges.
The place of the Relative Energy Index (RSI) beneath the imply stage of fifty, bolstered by the place of the Superior Oscillator (AO) in unfavorable territory, exhibits that the market favors the draw back. This provides credence to the bearish thesis.
TradingView: ATOM/USDT 1-day chart
Converse Case
Alternatively, a better have a look at the RSI exhibits that it has persistently recorded larger highs. This and the inexperienced histograms of the AO level to a rising bullish sentiment that would ultimately bode nicely for the Cosmos value.
Elevated purchaser momentum above present ranges might see the Cosmos value get better. For the bearish thesis to be negated, nevertheless, the bulls should not solely break and shut above the $10.667 stage, but in addition handle a candlestick above the equal highs of $12.433 on the one-day timeframe.
In the meantime, some crypto analysts are recommending SPONGE V2, which they are saying might 100X on launch, similar to its predecessor did in Could 2023.
Promising Various To Cosmos
Sponge V2 is a brand new meme coin with potential for prime returns, constructing on the success of the earlier Sponge V1 token, which achieved a 100x improve in worth in a bear market final 12 months.
With this confirmed monitor report of success, the much-anticipated Sponge V2 token enters the market, promising continued development and innovation. Considered one of its distinguishing options is its emphasis on group engagement and utility.
Somebody say $SPONGE?! 🧽💦#MemeCoin #Crypto #Staking #BTC pic.twitter.com/0f4qU07L7q
— $SPONGE (@spongeoneth) April 30, 2024
That’s why Sponge V2 gives a formidable staking yield of 163% each year on Ethereum and 340% on Ethereum. The mission has gained vital momentum, with over 9.884 billion $SPONGE tokens staked.
Sponge P2E Sport
The Sponge V2 group can be creating a novel Play-to-Earn (P2E) recreation, including an thrilling new characteristic to the token. Gamers can earn $SPONGEV2 tokens by enjoying the sport and rating on the leaderboard.
Providing each free and paid variations, customers can play for enjoyment or use Sponge V2 tokens to purchase recreation credit for added passive earnings. This upcoming Play-to-Earn recreation is predicted to play a big position in increasing the token’s utility, contributing to the mission’s development.
Do not forget, #SPONGERS! 🧽💦#SpongeV2 is bringing thrilling utility by means of our upcoming #P2E recreation! 🔥
Get able to earn $SPONGE tokens by enjoying the sport and rating on the leaderboard.
Keep tuned for more information! 🚀#MemeCoin #Crypto #Alts #100x pic.twitter.com/5aaLxGz8N1
— $SPONGE (@spongeoneth) March 22, 2024
As of now, $SPONGEV2 is buying and selling at $001441, exhibiting a rise of 5,766% from the V1 launch value. This surge comes amid rising recognition even amongst big-name traders like Tron founder Justin Solar, who’s a Sponge hodler!
Justin Solar holds this #memecoin :O I will not even say anymore… this might destroy #SNEK and #PEPE..! Who remembers #SPONGE?!! 🫢🔥$SPONGE V2 is making loud actions available in the market, even #Trons very personal Justin Solar is holding $50k value of SPONGE! 😮 💎💎
DYOR -… pic.twitter.com/ULzSDJdYnS
— Jacob Crypto Bury (@BuryCrypto) January 4, 2024
If you wish to purchase Sponge V2, don’t waste any time as a result of the staking rewards will scale back over time, and the mission is now providing a final probability to purchase earlier than listings on top-tier exchanges.
Go to and purchase Sponge V2 right here.
Additionally Learn:
Smog (SMOG) – Meme Coin With Rewards
- Airdrop Season One Reside Now
- Earn XP To Qualify For A Share Of $1 Million
- Featured On Cointelegraph
- Staking Rewards – 42% APY
- 10% OTC Low cost – smogtoken.com
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