Bull Token

Token

Sponge

Coin

<p><span style="font-weight: 400;">The Wen price has plunged by 23% in the last 24 hours to trade at </span><a href="https://coinmarketcap.com/currencies/wen/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">$0.00008629</span></a><span style="font-weight: 400;"> as of 8:50 a.m. EST.</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;">Looking to 1-hour WEN / USDT charts, we see that the price appears to be in a downtrend, as evidenced by the series of lower highs and lower lows. The Bollinger Bands are narrowing, which often indicates a period of lower volatility that might precede a significant price move.</span></p>
<p><span style="font-weight: 400;">The price is also currently sitting just above the 20-period Simple Moving Average (SMA) on the Bollinger Bands, suggesting a potential area of short-term support or resistance. However, the price is headed below the 20-period SMA (Orange MACD line), indicating building bearish momentum.</span></p>
<p><span style="font-weight: 400;">Additionally, the Relative Strength Index (RSI) is around 44, which is below the midpoint of 50. This indicates that momentum is currently more bearish than bullish, but it is not in the oversold territory (which would be indicated by an RSI below 30).</span></p>
<p><span style="font-weight: 400;">On the other hand, wee see that the Moving Average Convergence Divergence (MACD) is above the signal line, which could show some bull activity. However, the bars on the histogram appear to be shortening as they head for the red zone, which might indicate that the bearish momentum.</span></p>
<p><span style="font-weight: 400;">The Awesome Oscillator (AO) is below zero, which typically indicates bearish market pressure. However, the green histograms heading towards the zero line suggest building bullish momentum.</span></p>
<p><span style="font-weight: 400;">The most recent candlesticks show some indecision, with small bodies and shadows on both sides. This indecision could be indicative of a potential reversal or consolidation, but it’s not definitive without further confirmation.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-476842" src="https://insidebitcoins.com/wp-content/uploads/2024/01/Apex_1706710781883.png" alt="" width="2534" height="1326" srcset="https://insidebitcoins.com/wp-content/uploads/2024/01/Apex_1706710781883.png 2534w, https://insidebitcoins.com/wp-content/uploads/2024/01/Apex_1706710781883-300x157.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/01/Apex_1706710781883-1024x536.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/01/Apex_1706710781883-768x402.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/01/Apex_1706710781883-1536x804.png 1536w, https://insidebitcoins.com/wp-content/uploads/2024/01/Apex_1706710781883-2048x1072.png 2048w" sizes="(max-width: 2534px) 100vw, 2534px"></p>
<p style="text-align: center;">WEN 1-day chart | Source: <a href="https://www.tradingview.com/chart/mBPnB4WJ/?symbol=CRYPTO%3ABTCUSD" rel="noopener noreferrer nofollow">TradingView</a></p>
<p><span style="font-weight: 400;">Meanwhile, as the Wen price plunges, Sponge V2, the successor to Sponge ($SPONGE), is attracting investors’ interest and is ranked among the </span><a href="https://www.linkedin.com/pulse/best-meme-coins-invest-top-picks-exponential-gains-calsona-iorle" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">top meme coins of 2024</span></a><span style="font-weight: 400;">.</span></p>
<h2 id="span-style-font-weight-400-wen-price-prediction-is-sponge-v2-a-better-investment-span"><span style="font-weight: 400;">Wen Price Prediction: Is Sponge V2 A Better Investment?&nbsp;</span></h2>
<p><span style="font-weight: 400;">Following its launch on prominent centralized cryptocurrency exchanges such as LBank, Toobit, and BitMart last year, SpongeV1 surged 100x, garnered over 13,000 investors and subsequently achieved a market valuation above $100 million.</span></p>
<p><span style="font-weight: 400;">Worry not if you were unable to witness Sponge’s 100x growth last year. You will have another opportunity when Sponge V2 is listed on major global cryptocurrency exchanges.&nbsp;</span></p>
<p><span style="font-weight: 400;">One of the many new and exciting features introduced by </span><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;"> is Play-to-Earn (P2E) gaming. Exciting gameplay and user participation are brought together in perfect harmony by this revolutionary innovation.</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>
<h2 id="span-style-font-weight-400-endorsed-by-justin-sun-span"><span style="font-weight: 400;">Endorsed By Justin Sun</span></h2>
<p><span style="font-weight: 400;">Tron creator Justin Sun bought $SPONGE tokens that are&nbsp; now valued at around $90,000. He had announced on X his intention to put money into meme coin projects that showed promise.</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>
<p><span style="font-weight: 400;">With its groundbreaking stake-to-earn strategy, </span><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;"> offers a 249% yearly return. The combined worth of all Sponge V2 coins, staked and bridged, has surpassed $3.7 million.</span></p>
<p><span style="font-weight: 400;">Sponge V2 may be even more popular than Sponge V1, according to influential YouTuber Conor Kenny, who has over 178,000 followers. The token might explode with 100x gains on launch, he said.</span></p>
<p><iframe title="They are Re-launching this Meme Coin that EXPLODED last MEME SEASON" width="640" height="360" src="https://www.youtube.com/embed/1FUo80zmYBE?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;">Sponge V2 may be easily acquired by connecting your wallet to the SpongeV2 website to buy Sponge tokens using Ethereum or USDT, which are then staked for the equivalent amount of V2 tokens. The use of a credit card also provides an additional convenient alternative.</span></p>
<p><span style="font-weight: 400;">For those looking for </span><a href="https://www.linkedin.com/pulse/best-crypto-watch-2024-top-5-cryptocurrencies-high-calsona-f8pve" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">presales with explosive gains</span></a><span style="font-weight: 400;">, Sponge V2 may be purchased </span><a href="https://insidebitcoins.com/visit/sponge" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">here on the official website</span></a><span style="font-weight: 400;">.&nbsp;</span></p>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2>
<p>&nbsp;</p>
<ul>
 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/bull-token-price-prediction-bull-pumps-118-for-a-912-weekly-gain-as-experts-say-this-other-new-meme-coin-might-be-the-next-crypto-to-explode" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Bull Token Price Prediction: BULL Pumps 118% For A 912% Weekly Gain As Experts Say This Other New Meme Coin Might Be The Next Crypto To Explode</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/honk-price-prediction-honk-pumps-25-but-experts-say-consider-this-gamefi-newcomer-for-100x-gains" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Honk Price Prediction: HONK Pumps 25%, But Experts Say Consider This GameFi Newcomer For 100X Gains</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/can-sponge-v2-experience-a-100x-surge-similar-to-sponge-v1-upon-its-launch-in-2024-conor-kenny-presale-review" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Can Sponge V2 Experience a 100x Surge Similar to Sponge V1 Upon Its Launch in 2024? Conor Kenny Presale Review</span></a></li>
</ul>
<div class="inContentProviderSingle inContentColor--insidebitcoins fc-row">
 <div class="inContentProviderSingle--wrapper">
  <div class="container">
   <div class="row mb-lg-3">
    <div class="col-12 col-md-8">
     <p class="inContentProviderSingle--title">New Crypto Mining Platform - Bitcoin Minetrix</p>
    </div>
    <div class="col-12 col-md-4">
     <div class="inContentProviderSingle--rating">
      <div class="rating--holder">
       <p class="rating--text">Rating</p>
       <div class="rating--star-container">
        <div class="rating--star" style="width: 100%;"></div>
       </div>
      </div>
     </div>
    </div>
   </div>
   <div class="row">
    <div class="col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none"><img decoding="async" class="inContentProviderSingle--img mb-3" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
    <div class="col-12 col-md-8">
     <ul class="inContentProviderSingle--list">
      <li>Audited By Coinsult</li>
      <li>Decentralized, Secure Cloud Mining</li>
      <li>Earn Free Bitcoin Daily</li>
      <li>Native Token On Presale Now - BTCMTX</li>
      <li>Staking Rewards - Over 100% APY</li>
     </ul>
    </div> 
    <div class="col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block"><img decoding="async" class="inContentProviderSingle--img float-right" src="https://insidebitcoins.com/wp-content/uploads/2023/09/bitcoin-minetrix.svg" alt="Bitcoin Minetrix" width="125" height="60">
    </div>
   </div>
   <div class="row">
    <div class="col-12 text-center">
     <div class="inContentProviderSingle--button"><a href="https://insidebitcoins.com/visit/bitcoinminetrix" title="Start Trading" rel="noopener noreferrer nofollow">Learn More</a>
     </div>
     <div class="inContentProviderSingle--disclaimerText">
     </div>
    </div>
   </div>
  </div>
 </div>
</div>

Wen Price Prediction: WEN Plummets 23% As Analysts Say The Second Coming Of This Meme Coin Might 100X

Table of Contents

Inside Bitcoins

Other articles published on Jan 31, 2024

GG, the World’s First Game for Winning SOL: Solana’s Hottest Hunger Games Airdrop

Bonk (BONK) Price Prediction: Can It Surge 100x? Analysts See Higher Potential in Pandoshi (PAMBO)

Prophetic Unveils AI-Powered Headband to Control Dreams

Why New Presale Gem DeeStream (DST) is likely to Compete with LTC and DOT In the next 12 months

Fed Meeting Preview: Investors Eager for Rate Cut Clues

Former JPMorgan Head Koukorinis Moves to GSR for Crypto Push

Join our free newsletter for daily crypto updates!