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<p><span style="font-weight: 400;">The Honk price has soared 144% in the last 24 hours </span><a href="https://www.coingecko.com/en/coins/honk" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">to trade at $0.0237</span></a><span style="font-weight: 400;"> as of 1:30 a.m. EST on trading volume that jumped 129% to $7.5 million.</span></p>
<p><span style="font-weight: 400;">HONK, a meme coin newly introduced on the Solana blockchain, made its market entrance earlier this week, showcasing a playful goose mascot that has captured the attention of individual investors, contributing to its rising popularity.&nbsp;</span></p>
<p><span style="font-weight: 400;">Experiencing substantial growth in its first two days of trading, HONK’s market capitalization has already reached $9.7 million, with a weekly performance surge of 634%. </span></p>
<p>“The main goal of HONK is to escalate its rivalry with BONK to a whole new level and leverage the power of memes to catapult itself to the top of the memecoin space on the Solana blockchain,” says a description of the token on CoinMarketCap.</p>
<h2 id="span-style-font-weight-400-honk-price-faces-resistance-can-the-bulls-sustain-the-momentum-span"><span style="font-weight: 400;">Honk Price Faces Resistance, Can The Bulls Sustain The Momentum?</span></h2>
<figure id="attachment_475444" aria-describedby="caption-attachment-475444" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-475444" src="https://insidebitcoins.com/wp-content/uploads/2024/01/image-11-1.png" alt="Honk Price Chart Analysis. Source: Tradingview.com" width="1736" height="747" srcset="https://insidebitcoins.com/wp-content/uploads/2024/01/image-11-1.png 1736w, https://insidebitcoins.com/wp-content/uploads/2024/01/image-11-1-300x129.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/01/image-11-1-1024x441.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/01/image-11-1-768x330.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/01/image-11-1-1536x661.png 1536w" sizes="(max-width: 1736px) 100vw, 1736px">
 <figcaption id="caption-attachment-475444" class="wp-caption-text">
  HONKUSDT Chart Analysis. Source: Tradingview.com
 </figcaption>
</figure>
<p><span style="font-weight: 400;">The Honk price experienced a short consolidation period after a hike that saw investors profit massively to the $0.020 resistance point.</span></p>
<p><span style="font-weight: 400;">However, the bulls have amassed enough energy to drive the price upward and break out of the consolidation stage.</span></p>
<p><span style="font-weight: 400;">The resistance level at $0.031 has stopped the bulls from further profiting as the price level has been tested about three times. This has allowed the bears to exert pressure, causing a decline in the price.&nbsp;</span></p>
<p><span style="font-weight: 400;">The 50 Simple Moving Average (SMA) is also bullish, establishing itself as a support for the price.</span></p>
<p><span style="font-weight: 400;">The relative strength index indicates a rebound at the 50-neutral level. If the bullish momentum sustains, the RSI could surge back to the overbought level.</span></p>
<h2 id="span-style-font-weight-400-honk-price-prediction-span"><span style="font-weight: 400;">Honk Price Prediction</span></h2>
<p><span style="font-weight: 400;">The overall trend for Honk is bullish, with rebounding on the 50 SMA. With sustained bullish momentum, the bulls could reach a $0.04 high, surpassing the current resistance level at $0.031.</span></p>
<p><span style="font-weight: 400;">However, if the price slips below the 50 SMA, this may force the bulls to find a haven at the $0.012 support zone.</span></p>
<p><span style="font-weight: 400;">If you’re on the hunt for tokens with similar potential to Honk, Sponge V2 presents precisely that opportunity. Many investors are already incorporating SpongeV2 into their portfolios after its predecessor, Sponge ($SPONGE), soared 100x after launch last year.&nbsp;</span></p>
<h2 id="span-style-font-weight-400-sponge-v2-poised-for-100x-gains-justin-sun-holds-sponge-span"><span style="font-weight: 400;">Sponge V2 Poised For 100X Gains; Justin Sun Holds Sponge&nbsp;</span></h2>
<p><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Sponge V2 </span></a><span style="font-weight: 400;">&nbsp;aims to </span><span style="font-weight: 400;">emulate the remarkable achievement of Sponge V1, which enjoys a support base of 13,000 holders and secured listings on more than ten exchanges, including LBank, Toobit, CoinW, BTCEX, and BitMart.&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">10 exchanges not enough? 😉<a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a> will be listed on BIGGER AND BETTER exchanges! 🔥</p>
 <p>You’re not ready for what’s coming next 👀<a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a> <a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a> <a href="https://t.co/LdXRYu65Z8" rel="noopener noreferrer nofollow">pic.twitter.com/LdXRYu65Z8</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1749839548702494999?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 23, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">Tron founder Justin Sun bought $SPONGE last year that’s now worth more than $90,000, helping boost sentiment toward the token. This is after showing his interest in trading meme coins and promising projects in a May 2023 post on X.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">I've decided to begin actively trading meme coins and promising projects through my public address. Please note, I will personally bear all potential losses from these trades, and any profits made will be donated entirely to charity.</p>
 <p>— H.E. Justin Sun 孙宇晨 (@justinsuntron) <a href="https://twitter.com/justinsuntron/status/1656598894158159872?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 11, 2023</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="span-style-font-weight-400-sponge-token-staking-rewards-and-sponge-racer-p2e-game-ahead-span"><span style="font-weight: 400;">Sponge Token: Staking, Rewards, And ‘Sponge Racer’ P2E Game Ahead</span></h2>
<p><span style="font-weight: 400;">If you are holding $SPONGE, you can </span><a href="https://insidebitcoins.com/visit/sponge/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">stake your tokens</span></a><span style="font-weight: 400;"> and earn $SPONGEV2, with appealing annual percentage rates reaching as high as 270%. The total value of staked SPONGE tokens has now surpassed 5.9 billion.&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Exciting news, <a href="https://twitter.com/hashtag/SPONGERS?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SPONGERS</a>! 🔥🔥</p>
 <p>There are now over 5,627,448,685 <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> tokens staked with a value of $5,445,468.33 🤯🧽🧽</p>
 <p>Stake your tokens now to enjoy our current APY of +280%!</p>
 <p>GO GO GO 🚀<a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/100x?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#100x</a> <a href="https://twitter.com/hashtag/Bullish?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bullish</a> <a href="https://t.co/PsD2Sycxjj" rel="noopener noreferrer nofollow">pic.twitter.com/PsD2Sycxjj</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1749416716478681589?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 22, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">The Sponge team will also unveil “Sponge Racer,” a </span><a href="https://insidebitcoins.com/visit/sponge/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">play-to-earn (P2E)</span></a><span style="font-weight: 400;"> game that is poised to attract new investors and players. The game will be available for all, featuring a free and paid version.</span></p>
<p><span style="font-weight: 400;">The captivating Bikini Bottom, where you can gather Sponge tokens while engaging in thrilling underwater adventures, serves as the game’s power source. This creates opportunities to explore iconic settings and unlock rewarding incentives.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🎮🌟 Get set to explore the unique <a href="https://twitter.com/hashtag/PlayToEarn?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PlayToEarn</a> game in <a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a>!</p>
 <p>Play, enjoy, and earn <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a>! 🧽</p>
 <p>Visit our website to get involved before it's too late. 🤯⏰ <a href="https://twitter.com/hashtag/P2E?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#P2E</a> <a href="https://twitter.com/hashtag/Bullish?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bullish</a> <a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MemeCoin</a> <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Web3</a> <a href="https://t.co/bI8DLlgfA9" rel="noopener noreferrer nofollow">pic.twitter.com/bI8DLlgfA9</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1747302841776013370?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 16, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">ClayBro, a crypto YouTuber boasting over 116K subscribers, says $SPONGEV2 has the potential to mirror the 100x surge of the original $SPONGE last year.</span></p>
<p><iframe title="Sponge V2 | This Meme Coin Saw 100x Gains In 2023! Can It Do The Same In 2024??" width="640" height="360" src="https://www.youtube.com/embed/_awDkPhlZeQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">To join, you can start by visiting </span><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">the official Sponge V2 website</span></a>,<span style="font-weight: 400;"> and link your digital wallet to swap your ETH or USDT for V2 tokens. You can also buy directly using your bank card.</span></p>
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Honk Price Prediction: New Solana Meme Coin HONK Pumps Another 144% As Experts Say This New Presale Might Be Next To Explode

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