Minu Price Prediction: MINU Soars 49% As Analysts Say This New Polygon Meme Coin Ranks Among Cryptos With The Most Potential For 100x Returns

Minu price jumped 49% in the last 24 hours to trade at $0.0000008849 as of 4:30 a.m. EST on trading volume that dropped by 36% to $3.8 million.

On a weekly basis, the MINU token has surged by around 1,104%, making it one of the top performers.

Minu, the first mining dog meme coin on Binance Smart Chain, was recently listed on MessariCrypto, which represents a big development in its journey. The listing also reflects the project team’s efforts to improve the token’s visibility and standing in the crypto sector.

Given the massive price surge, the move was seemingly a success, and the market has recognized the project’s innovative mining feature and strategic progress.

Minu says it intends to continue developing new features, and it maintains a rather active community engagement, which could mean that a further price increase is possible.

Minu Price Prognosis

Minu price has seen massive growth in the past seven days, and its surge continued in the past 24 hours. The token did, however, seemingly encounter a strong resistance at $0.00000090, and this level rejected it several times in the past few hours.

Looking at the token’s chart, however, it becomes clear that MINU has encountered strong obstacles in the past, as well. This did not stop it from breaching them, even if it sometimes took a bit of time for the token.

According to certain technical indicators, such as the token’s Bollinger bands, the price might struggle with this level. For the time being, the bands are narrower than they were in the past 12 hours, suggesting that the gap is closing.

But, at the same time, they remain significantly wider than yesterday and in the days prior, suggesting that there is still quite a bit of activity in the market.

This supports the idea that the interest remains high from investors and traders alike, and further underscores Minu’s interesting approach in the crypto sector.

Moving forward, Minu is likely to try another attempt to breach the $0.00000090 resistance, and it is not impossible for it to succeed. Success would mean that the token would be free to head further up, potentially for the price of $0.0000010, which would be a new all-time high.

However, should the bulls lose control of the market., the price could potentially revert back to $0.00000080, or potentially $0.00000060. If both of these supports fail, the token could head all the way down to $0.00000025, which stood out as one of its strongest supports in mid-February

Promising Alternative to Minu

While Minu’s recent price surge has brought significant returns to the token’s holders, some analysts believe that there are other opportunities that have more upside in the future. One such opportunity is believed to be Sponge V2 (SPONGE).

This is a second version of Sponge (SPONGE) — a token that launched in 2023, only to see a massive 100x pump. The project rewarded its supporters, but it has been discontinued since.

WARNING: Having a lack of $SPONGE can lead to extreme #FOMO ????#SpongeV2 #Crypto #MemeCoin #Altcoins #Web3 #AltSeason pic.twitter.com/nvfxVZVC0E

— $SPONGE (@spongeoneth) February 18, 2024

Now, however, its team returned with Sponge V2 — a bigger and better version that is expected to be just as successful, or potentially even more successful than the original.

Sponge V2 wants to offer the same opportunity to those who missed the Sponge V1 surge, and further grow its community. It has already bridged SPONGE tokens to the new version, and it allows holders to stake their SPONGE in order to earn even more of it through staking rewards. Meanwhile, those who do not own the token yet can get it on its platform in exchange for ETH or USDT.

So far, the total amount staked and bridged sits at $9.92 million.

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Sponge V2 is selling for $0.001107, but it’s rumored that the token will list soon on multiple top-tier exchanges. So, if you are interested, buy now to secure the best possible price.

Visit the SPONGE presale here.

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