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

The
Degen
price
has
plunged
by
16%
in
the
last
24
hours


to
trade
at
$0.03401

as
of
7:05
a.m.
EST
on
a
10%
drop
in
trading
volume
to
$71.2
million.

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

Degen
Price
Bulls
Form
A
Falling
Wedge
Pattern:
Can
The
Bulls
Regain
Momentum?

Even
with
the
price
of
DEGEN
dropping,
the
formation
of
the
falling
wedge
pattern
signals
that
the
bulls
might
keep
pushing
the
price
up.
If
the
momentum
keeps
going,
the
bulls
could
push
the
price
past
the
wedge,
continuing
the
upward
trend.

DEGENUSDT
Analysis
By
Tradingview

The
bulls
have
successfully
maintained
the
price
above
the
200-period
simple
moving
average
(SMA)
on
the
4-hour
chart,
indicating
a
bullish
trend.
However,
for
the
anticipated
rally
to
be
validated,
sustained
bullish
pressure
must
propel
the
price
above
the
50-period
SMA.

While
the
Relative
Strength
Index
(RSI)
has
fallen
below
the
midpoint
level
of
50,
indications
are
suggesting
it
might
bounce
back
around
the
39
mark
and
rise
towards
the
overbought
territory
at
70.

Degen
Price
Signals
A
Rebound
To
Another
Rally

The
Degen
price
signals
a
bullish
stance,
with
bulls
preparing
to
rebound
for
another
surge
to
continue
the
rally
to
above
the
all-time
high.
Increased
momentum
could
help
the
bulls
catapult
the
price,
surpassing
its
all-time
high
and
reaching
a
new
high
at
$0.07218
in
the
upcoming
weeks.

On
the
flip
side,
if
the
bears
maintain
the
downward
move,
the
price
could
slip
below
the
lower
boundary
of
the
triangle
at
the
$0.01913
support
zone,
which
coincides
with
the
200
SMA.

SPONGEV2:The
Best
100X
Meme
Coin
To
Buy
Now!

As
traders
await
favourable
entry
points
for
the
Degen
price,
there’s
a
lot
of
buzz
around
another
meme
coin
called


SpongeV2.
YouTube
channel
99Bitcoins
says
it
could
be
the
next
meme
coin
to
100X
on
launch.

SpongeV2
aims
to
build
on
the
achievements
of
Sponge
V1,
which
provided
early
investors
with
returns
of
100X
on
their
investment,
while
soaring
to
a
peak
market
cap
of
$100
million.

Earn
Passive
Income
With
P2E
and
Staking

Sponge
V2
offers
improved
features
and
better
value
for
token
holders.
Its


staking
option,
for
example,
provides
holders
with
an
impressive
annual
percentage
yield
(APY)
of
166%
on
Ethereum
and
358%
on
the
Polygon
network. 

The
platform
also
plans
to
launch
a
play-to-earn
racer
game
in
both
paid
and
free
versions.
In
the
paid
version,
SPONGE
will
serve
as
in-game
credits,
and
rewards
will
also
be
given
out
in
the
meme
coin. 

Don’t
forget,

#SPONGERS!
????????#SpongeV2
is
bringing
exciting
utility
through
our
upcoming

#P2E
game!
????

Get
ready
to
earn

$SPONGE
tokens
by
playing
the
game
and
ranking
on
the
leaderboard.

Stay
tuned
for
more
info!
????#MemeCoin

#Crypto

#Alts

#100x

pic.twitter.com/5aaLxGz8N1

—
$SPONGE
(@spongeoneth)

March
22,
2024

There’s
talk
swirling
around
about
SpongeV2
being
listed
on
a
few
top-tier
exchanges,
a
buzz
that
is
adding
to
the
anticipation
for
its
big
launch.

If
you
want
to
buy
SpongeV2,
you
can
easily
do
so
on
the


project’s
official
website
here
using
ETH,
MATIC,
USDT
or
a
bank
card.

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