Is It Too Late to Buy GMT? GMT Price Soars 27% And This Might Be The Next Crypto To Explode

The
GMT
price
surged
27%
in
the
last
24
hours
to
trade
at
$0.19
as
of
4.45
a.m.
EST
on
trading
volume
that
skyrocketed
762%
to
$672.41
million.

The
GMT
price
started
surging
yesterday,
when
its
price
surged
from
$0.1338
up
to
a
resistance
at
$0.16.
The
resistance
held
it
for
12
hours,
only
for
the
project
to
finally
breach
the
barrier
last
night
at
around
10.30
p.m.
EST,
and
skyrocket
to
$0.18.
Since
then,
the
price
has
been
battling
the
resistance,
only
to
eventually
venture
further
beyond
to
its
current
price
of
$0.19.

While
the
token
initially
traded
against
the
market,
starting
its
surge
nearly
24
hours
before
the
rest
of
the
crypto
industry,
its
current
price
increase
comes
as
part
of
the
wider
market
recovery.
Bitcoin
is
leading
the
surge
with
an
increase
of
1.2%
in
the
last
24
hours,
which
brought
it
to
$98.7K
per
coin.

GMT
Price
Prediction

The
GMT
price
is

skyrocketing
sharply,
which
may
represent
a
good
opportunity
for
day
traders
right
now,
but
it
also
makes
it
extremely
volatile
as
the
token
is
bound
to
see
a
correction
sooner
or
later.

However,
for
the
time
being,
the
price
surge
is
quite
steep
and
serious,
which
can
be
seen
from
a
sharp
widening
of
its
Bollinger
Bands,
as
well
as
the
fact
that
the
price
is
growing
so
quickly
that
it
went
beyond
the
upper
band.

In
the
past
several
hours,
it
has
mostly
fluctuated
between
the
upper
band
and
the
middle
line
between
the
two
bands,
suggesting
overall
bullish
sentiment
among
traders.
Now,
the
new
surge
is
pumping
it
up
rapidly
toward
the
resistance
at
$0.20.

The
project’s
Relative
Strength
Index
(RSI),
however,
suggests
that
the
surge
may
be
cut
short
relatively
soon.
The
RSI,
which
also
fluctuated
between
the
neutral
zone
and
the
overbought
area
in
the
last
24
hours,
has
now
ventured
deep
into
the
overbought
zone.
Its
value
at
the
time
of
writing
sits
at
79.01,
which
will
likely
trigger
a
sell-off
as
traders
rush
in
to
take
profits.

For
the
moment,
neither
the
price
nor
RSI
are
showing
signs
of
this
happening,
but
the
correction
process
could
start
fairly
soon.
With
that
said,
anyone
interested
in
joining
the
surge
and
buying
GMT
now
should
be
cautious,
and
aware
of
the
heightened
risks
of
doing
so.

Promising
Alternative
To
GMT

As
for
those
who
are
interested
in
less
risky
solutions,
they
could
consider
joining
a
new
viral
meme
coin
presale
called

Meme
Index
(MEMEX).

This
is
a
new
meme
coin
project
that
introduced
four
meme
coin
baskets,
or
indexes,
for
users
to
invest
into
and
get
rewards
from
them.
The
baskets
are
known
as
the
Titan
index,
Moonshot
index,
Midcap
index,
and
Frenzy
index.
Each
of
them
is
getting
progressively
riskier,
with
the
Titan
index
containing
major,
established
meme
coins
that
are
generally
considered
trustworthy.

As
such,
the
index
is
expected
to
have
low
volatility
and
to
be
the
least
risky
of
the
4.
Moonshot
index
will
have
coins
and
tokens
that
have
the
potential
to
challenge
the
top
10
largest
meme
coins
by
market
cap,
so
while
slightly
riskier,
they
are
still
considered
a
relatively
safe
investment.

Meanwhile,
the
MidCap
index
will
consist
of
meme
coins
with
a
market
cap
between
$50m
and
$250m,
and
this
is
where
the
risks
start
to
grow
significantly.
However,
the
potential
reward
does
as
well.
Finally,
the
Frenzy
index
will
have
experimental
and
new
trending
projects,
but
with
little
to
no
certainty.
It
will
be
a
high-risk,
high-reward
basket
that
should
not
be
approached
lightly.

All
of
these
indices
will
become
available
later,
after
the
project
concludes
its
ICO
which
is
currently
offering
its
native
token
MEMEX
for
only
$0.014687
per
unit.
So
far,
the
ICO
has
already
raised
over
$582K
and
is
rapidly
surging
toward
its
first
million.
So,
whether
you
are
interested
in
the
indices
or
the
MEMEX
token
itself,
right
now
is
the
best
time
to
invest,
while
its
price
is
still
low.

It
is
also
worth
noting
that
crypto
experts
such
as
ClayBro,
a
YouTuber
with
over
134K
subscribers,
believe
that
MEMEX
has
massive
potential
and
that
it
could
potentially
bring
60X
returns.
Therefore,
consider
joining
its
ICO
soon
if
your
research
suggests
the
same.

Visit
MEMEX’s
official
website.

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