Gorilla

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<p><span style="font-weight: 400;">The Gorilla price has soared 40% in the last 24 hours </span><a href="https://www.coingecko.com/en/coins/gorilla"><span style="font-weight: 400;">to trade at $0.004822</span></a><span style="font-weight: 400;"> as of 03:31 a.m. EST on trading volume that tumbled 9% to $4.9 million.</span></p> 
<p><span style="font-weight: 400;">This surge coincides with the crypto market going through a severe downturn, which can be attributed to Federal Reserve Chair Jerome Powell’s strong indication that a March interest rate cut is improbable.&nbsp;</span></p> 
<p><span style="font-weight: 400;">During a press conference, Powell mentioned that the Fed’s policy-making Federal Open Market Committee (FOMC) showed it is in no rush to reduce rates, noting that it “does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2%.”&nbsp;</span></p> 
<p><iframe title="Federal Reserve Chair Jerome Powell speaks after Fed holds interest rates steady — 1/31/2024" width="640" height="360" src="https://www.youtube.com/embed/gRTBRV2_S5Q?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p> 
<h2 id="span-style-font-weight-400-gorilla-price-bulls-sustain-bullish-momentum-span"><span style="font-weight: 400;">Gorilla Price Bulls Sustain Bullish Momentum</span></h2> 
<figure id="attachment_477243" aria-describedby="caption-attachment-477243" style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" class="size-full wp-image-477243" src="https://insidebitcoins.com/wp-content/uploads/2024/02/image-21.png" alt="Gorilla Price Analysis. Source: Dextools.io" width="1997" height="914" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/image-21.png 1997w, https://insidebitcoins.com/wp-content/uploads/2024/02/image-21-300x137.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/image-21-1024x469.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/image-21-768x352.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/02/image-21-1536x703.png 1536w" sizes="(max-width: 1997px) 100vw, 1997px">
 <figcaption id="caption-attachment-477243" class="wp-caption-text">
  Gorilla Chart Analysis. Source: Dextools.io
 </figcaption>
</figure> 
<p><span style="font-weight: 400;">The Gorilla price indicates a downtrend, causing a price decline intensified by bearish pressure. However, the support level at $0.002137 has allowed the bulls to regroup and drive the price up, reaching a $0.0082 high.</span></p> 
<p><span style="font-weight: 400;">Despite the bears initiating a correction, causing a short-term price decline, the bulls have shown resilience, rebounding on the $0.004540 resistance turned support.&nbsp;</span></p> 
<p><span style="font-weight: 400;">If the general bullish momentum sustains, the bulls could cause a rebound in price, driving the price high.</span></p> 
<p><span style="font-weight: 400;">The price trades above the 21 and 50 simple moving averages (SMAs), with a moving average cross at $0.002799, confirming the bullish sentiment for the Gorilla price.</span></p> 
<p><span style="font-weight: 400;">The MACD is generally bullish. The blue MACD line has crossed the orange signal line and is trading above the neutral level. The histogram is growing more extensive in the positive zone, indicating intense buying pressure by the bulls on the Gorilla price.</span></p> 
<h2 id="span-style-font-weight-400-gorilla-price-prediction-can-the-bulls-sustain-the-momentum-span"><span style="font-weight: 400;">Gorilla Price Prediction: Can the Bulls Sustain the Momentum?</span></h2> 
<p><span style="font-weight: 400;">The general trend for the Gorilla price is bullish, with the bulls looking to reclaim the $0.0082 high. A further push above this level could see the price touch the $0.01052 level.</span></p> 
<p><span style="font-weight: 400;">However, the bear’s aggressiveness in applying downward pressure might cause the price to slip below the $0.004540 support.</span></p> 
<p><span style="font-weight: 400;">Meanwhile, Sponge V2 is capturing the attention of investors, promising to repeat the 100X returns of its predecessor, Sponge V1, on&nbsp; launch.&nbsp;</span></p> 
<h2 id="span-style-font-weight-400-sponge-v2-set-for-launch-promising-100x-returns-span"><span style="font-weight: 400;">Sponge V2 Set for Launch, Promising 100X Returns</span></h2> 
<p><a href="https://insidebitcoins.com/visit/sponge" rel="nofollow"><span style="font-weight: 400;">Sponge V2</span></a><span style="font-weight: 400;"> is nearing its launch soon, presenting a lucrative opportunity to investors. The token aims to build on Sponge V1’s success, which has achieved a 2,900% return with over 13,000 holders and listings on more than ten major exchanges, including LBank, Toobit, and BitMart. Its market capitalization also hit a peak of $100 million.</span></p> 
<p><span style="font-weight: 400;">Due to a malicious attack targeting the Sponge V1 token, the Sponge team will transition all holders to Sponge V2 on February 5 at 11:00 p.m. UTC.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">🚨 Important project update! 🚨</p> 
 <p>Due to a malicious attack on the Sponge V1 token, we’ll be moving all holders to Sponge V2 on the 5th of February at 11:00 PM UTC. </p> 
 <p>Please be aware the <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SPONGE</a> V1 will be discontinued.</p> 
 <p>We strongly advise all holders to withdraw their tokens from… <a href="https://t.co/itZelxAL9V">pic.twitter.com/itZelxAL9V</a></p> 
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1752713327229505649?ref_src=twsrc%5Etfw">January 31, 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;">Key personalities like Tron founder Justin Sun holds Sponge worth more than $90k after he said he would start actively trading meme coin projects with 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">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-buy-and-stake-sponge-tokens-play-the-p2e-game-earn-lucrative-rewards-span"><span style="font-weight: 400;">Buy And Stake Sponge Tokens, Play the P2E, Game, Earn Lucrative Rewards</span></h2> 
<p><span style="font-weight: 400;">You can </span><span style="font-weight: 400;">buy and stake $SPONGE</span><span style="font-weight: 400;"> or your original Sponge V1 tokens to earn $SPONGEV2, offering attractive annual rates of up to 245%. Currently, investors have staked over 6 billion Sponge tokens. The more Sponge V1 tokens you stake, the more Sponge V2 tokens you get.</span></p> 
<p><span style="font-weight: 400;">Additionally, you can earn rewards by participating in the soon-to-launch </span><span style="font-weight: 400;">play-to-earn (P2E) </span><span style="font-weight: 400;">gaming set, which will attract more investors and players. The </span><span style="font-weight: 400;">game “</span><i><span style="font-weight: 400;">Sponge Racer”</span></i><span style="font-weight: 400;"> has a free and paid version powered by Sponge V2 tokens.&nbsp;</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">🎮🌟 Get set to explore the unique <a href="https://twitter.com/hashtag/PlayToEarn?src=hash&amp;ref_src=twsrc%5Etfw">#PlayToEarn</a> game in <a href="https://twitter.com/hashtag/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw">#SpongeV2</a>!</p> 
 <p>Play, enjoy, and earn <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$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">#P2E</a> <a href="https://twitter.com/hashtag/Bullish?src=hash&amp;ref_src=twsrc%5Etfw">#Bullish</a> <a href="https://twitter.com/hashtag/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw">#MemeCoin</a> <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw">#Web3</a> <a href="https://t.co/bI8DLlgfA9">pic.twitter.com/bI8DLlgfA9</a></p> 
 <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1747302841776013370?ref_src=twsrc%5Etfw">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;">The game is seamlessly integrated into the captivating Bikini Bottom, where players can collect Sponge tokens while embarking on thrilling underwater adventures. This enables them to explore iconic locations and unlock rewarding incentives.</span></p> 
<p><span style="font-weight: 400;">Conor Kenny, a YouTuber and crypto analyst with over 178k subscribers, believes there’s a chance for a 100x return when the new project launches. Kenny says SpongeV2 will outdo Sponge V1 and become the best meme coin presale in 2024.</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;">To join the presale, visit </span><a href="https://insidebitcoins.com/visit/sponge" rel="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> 
<ul> 
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/best-metaverse-crypto-projects-top-picks-nft-virtual-world-calsona-r6the/"><span style="font-weight: 400;">🚀🌐 Best Metaverse Crypto Projects: Top Picks for NFT and Virtual World Enthusiasts 🎮💰</span></a></li> 
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/best-web3-crypto-projects-top-picks-investing-future-calsona-qr6te"><span style="font-weight: 400;">🚀🌕 Best Web3 Crypto Projects: Top Picks for Investing in Decentralized Future 🌐💰</span></a></li> 
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Gorilla Price Prediction: GORILLA Stands Out With 40% Pump Amid Market Bloodbath, As Analysts Say This Meme May 100X On Launch

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