Token

Sponge

Coin

<p><span style="font-weight: 400;">The Wen price plunged 25% in the last 24 hours </span><a href="https://www.coingecko.com/en/coins/wen-4" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">to trade at $0.0001166 </span></a><span style="font-weight: 400;">as of 11:15 p.m. EST on trading volume that surged 79% to $90 million.&nbsp;</span></p>
<p><span style="font-weight: 400;">The steep fall came despite the announcement of a 27% burn of the airdropped token’s supply, <a href="https://solscan.io/tx/5RYZKA3SfpDh7oboumkY6fpms7AdmHiqwxEc3nbTdHxoNxZYPPuHYyhx7wL6WunmXBpZfMA4r5ZWJtq3XdJdN6Yg" rel="noopener noreferrer nofollow">amounting to over 270 billion tokens,</a> in a classic examples of ”sell the news.”&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Claiming for <a href="https://twitter.com/search?q=%24WEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WEN</a> has officially finished.</p>
 <p>For the duration of Wen's upbringing, we have been emitting <a href="https://twitter.com/search?q=%24WEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WEN</a> to the community via the claim. Now, there are no more emissions and over 1/4 of the total supply will be burned forever.</p>
 <p>We are excited to immortalize wen culture and… <a href="https://t.co/BUEG5QrZoH" rel="noopener noreferrer nofollow">pic.twitter.com/BUEG5QrZoH</a></p>
 <p>— $WEN (@wenwencoin) <a href="https://twitter.com/wenwencoin/status/1751990348933464104?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 29, 2024</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-wen-price-breaks-above-the-falling-wedge-initiates-a-bull-rally-span"><span style="font-weight: 400;">WEN Price Breaks Above The Falling Wedge, Initiates A Bull Rally</span></h2>
<figure id="attachment_476387" aria-describedby="caption-attachment-476387" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-476387" src="https://insidebitcoins.com/wp-content/uploads/2024/01/image-16-1.png" alt="Wen Price Chart Analysis. Source:Tradingview.com" width="1736" height="747" srcset="https://insidebitcoins.com/wp-content/uploads/2024/01/image-16-1.png 1736w, https://insidebitcoins.com/wp-content/uploads/2024/01/image-16-1-300x129.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/01/image-16-1-1024x441.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/01/image-16-1-768x330.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/01/image-16-1-1536x661.png 1536w" sizes="(max-width: 1736px) 100vw, 1736px">
 <figcaption id="caption-attachment-476387" class="wp-caption-text">
  WENUSDT Chart Analysis. Source:Tradingview.com
 </figcaption>
</figure>
<p><span style="font-weight: 400;">The WEN price indicates a rebound from the lower boundary of the falling wedge pattern, reaching $0.0001074. This shows a change in the trend towards a more positive direction. If the price goes above the upper boundary of the wedge, it would confirm the optimistic trend that the buyers are expecting.</span></p>
<p><span style="font-weight: 400;">The 50 and 200 simple moving averages (SMAs) still pose a challenge for the bulls as the price is trading below the averages.&nbsp;</span></p>
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) has bounced back from the oversold region around 30 and is climbing towards the midline level of 50. This indicates that there could be an increase in buying interest. If the RSI goes beyond this level, reaching 70, it might indicate that the buying pressure has become quite strong, potentially leading to overbought conditions.</span></p>
<h2 id="span-style-font-weight-400-wen-price-prediction-span"><span style="font-weight: 400;">WEN Price Prediction</span></h2>
<p><span style="font-weight: 400;">Traders are bullish, anticipating the price to surpass the boundaries of the falling wedge pattern. If this occurs, bulls have set their sights on a peak of $0.0001732.</span></p>
<p><span style="font-weight: 400;">However, if the price takes a downturn, bears may influence a decline towards the support zone at $0.0001059 at the lower boundary of the wedge.</span></p>
<p><span style="font-weight: 400;">Meanwhile, as traders patiently wait for a good entry point for $WEN, investors are showing interest in Sponge V2 after its predecessor, Sponge ($SPONGE), exploded 100X after launch.</span></p>
<h2 id="span-style-font-weight-400-sponge-v2-prepares-to-launch-poised-for-100x-returns-span"><span style="font-weight: 400;">Sponge V2 Prepares To Launch, Poised For 100X Returns</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;is preparing to launch soon, and aims </span><span style="font-weight: 400;">to replicate the impressive success of Sponge V1. Sponge V1 surged over 2,900% after launch, accumulated over 13,000 holders, and listed on more than ten exchanges, including LBank, Toobit, CoinW, BTCEX, and BitMart.</span></p>
<p><span style="font-weight: 400;">These achievements caught the attention of Tron founder Justin Sun, who holds Sponge worth about $90k. Sun showed interest in trading meme coins in promising projects in May 2023 and bought SPONGE.</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>
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<p>&nbsp;</p>
<h2 id="span-style-font-weight-400-get-a-chance-to-earn-passive-income-rewards-span"><span style="font-weight: 400;">Get A Chance To Earn Passive Income, Rewards&nbsp;</span></h2>
<p><span style="font-weight: 400;">The Sponge V2 platform enables you to buy and stake $SPONGE. Additionally, you can also stake your original Sponge V1 tokens to earn $SPONGEV2. Currently, staking offers attractive annual percentage rates up to 254%. The more Sponge V1 tokens you stake, the more Sponge V2 tokens you get. Currently, investors have staked over 6 billion Sponge tokens.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🌟📈 Ready for explosive growth?</p>
 <p>Stake your <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</a> and be part of the bright future with <a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a>!</p>
 <p>With added utility and more exchanges on the horizon, we're here to take over! 🔥<a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPONGE</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/Web3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Web3</a> <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Altcoins</a> <a href="https://t.co/iFrZxFShr9" rel="noopener noreferrer nofollow">pic.twitter.com/iFrZxFShr9</a></p>
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1748390044765716891?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 19, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">The Sponge Team is also soon launching a play-to-earn (P2E) game called “</span><i><span style="font-weight: 400;">Sponge Racer</span></i><span style="font-weight: 400;">,” which is expected to attract new investors and players and will feature both a free and paid version.</span></p>
<p><span style="font-weight: 400;">The game seamlessly integrates into the captivating Bikini Bottom, powered by Sponge V2 tokens. Players have the opportunity to collect Sponge tokens while embarking on thrilling underwater adventures. This enables them to explore iconic locations and unlock rewarding incentives.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🎮🌟 Get set to explore the unique <a href="https://twitter.com/hashtag/PlayToEarn?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#PlayToEarn</a> game in <a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpongeV2</a>!</p>
 <p>Play, enjoy, and earn <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$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>ClayBro, a crypto YouTuber with over 116K subscribers, believes that $SPONGEV2 has the potential to replicate the 100x explosion of the original $SPONGE.</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 buy the token, visit </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>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2>
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 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/best-ai-crypto-coin-projects-top-picks-2023-juliana-clarisse-calsona-d67oe/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">🚀🤖 Best AI Crypto Coin Projects: Top Picks for 2023 🤑💰</span></a></li>
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Wen Price Prediction: Solana Meme Coin Wen Plummets Despite Token Burn As Experts Say This Latest ICO Might Be The Best Crypto To Buy Now

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Inside Bitcoins

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