Sponge

Penny

Polygon

Flare

Coin

<div class="insidebitcoins">
 <p>The Flare price surged by 6% in the last 24 hours and 42% in a week to trade at $0.031 as of 4:30 a.m. EST.</p>
 <p>That latter jump made FLR the top weekly gainer among major cryptos, though the increases pales in comparison with the 72% jump in the FLR price over the past month.</p>
 <p>The price surge is likely driven in the main by its recent partnership with the tech giant, Google. Google has started operating a validator node on Flare, which caused many in the crypto community to develop a strong interest in the project.</p>
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  <p lang="en" dir="ltr">Since #Google has begun its journey with #Flare, both $FLR &amp; $SGB are performing well! pic.twitter.com/kqy738LQV5</p>
  <p>— Yoda Jr (@JYoda) February 3, 2024</p>
 </blockquote>
 <p></p>
 <p>While FLR price at the time of writing sits at $0.031, it did briefly reach a high point at $0.03375 several hours earlier. The token hit an ATH on Jan. 10 last year of $0.0797.</p>
 <h2 id="flare-price-prognosis">Flare Price Prognosis</h2>
 <p>So where will the Flare price go from here? The token’s Bollinger bands have started seeing a slight narrowing, which is not a cause for concern just yet. However, since the FLR price saw a rejection from a resistance at $0.032, this is neither unusual nor a reason to engage in panic selling.</p>
 <p><img decoding="async" class="aligncenter size-full wp-image-478232" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201738%20831'%3E%3C/svg%3E" alt="Flare Price" width="1738" height="831" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 1738w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 300w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 1024w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 768w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 130w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 104w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 83w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 1536w" data-lazy-sizes="(max-width: 1738px) 100vw, 1738px" data-lazy-src="https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp">
  <noscript><img decoding="async" class="aligncenter size-full wp-image-478232" src="https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp" alt="Flare Price" width="1738" height="831" srcset="https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 1738w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 300w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 1024w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 768w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 130w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 104w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 83w, https://cdn.thebittimes.com/images/2024/02/05/a695b5869bea83d22e16e4224843aa98.webp 1536w" sizes="(max-width: 1738px) 100vw, 1738px">
  </noscript></p>
 <p>FLR also saw its Relative Strength Index (RSI) level dip in the last 24 hours, going from the overbought zone at 73.80 to a far more neutral zone at 52.</p>
 <p>Combined with the fact that Bollinger bands are still quite wide, especially compared to their state throughout January, it is reasonable to assume that the token is not done yet.</p>
 <p>Should the buyers reengage and increase the bullish pressure again, FLR price will return to the resistance at $0.032 with ease. But if the price continues to drop under the bearish influence, it will go to the support at $0.030, and should this level break, the next support will be waiting at $0.028.</p>
 <h2 id="promising-alternatives-to-flare">Promising Alternatives To Flare</h2>
 <p>While the Flare price skyrocketed in the past several weeks, many in the trading community believe that Sponge V2 is an even better opportunity for gains.</p>
 <p>As the name suggests, Sponge V2 is the new version of a project called Sponge, which saw a massive 100x pump in 2023. The project is now trying to build a new, bigger and better alternative and provide those who missed the initial pump with a second chance.</p>
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  <p lang="en" dir="ltr">When life gives you water, grab a $SPONGE!</p>
  <p>Absorb that damp!! 💧💰#SpongeV2 #MemeCoin #AltSeason pic.twitter.com/tvuVBm6d8t</p>
  <p>— $SPONGE (@spongeoneth) January 30, 2024</p>
 </blockquote>
 <p></p>
 <p>Apart from allowing users to purchase its SPONGE token with ETH, USDT, or directly via credit or debit card, Sponge V2 also allows users to stake their Sponge V1 tokens and receive Sponge V2 as rewards.</p>
 <p>So far, the total number of staked and bridged tokens has exceeded $3.9 million, and the figure continues to grow as new and old users rush to buy or stake their SPONGE.</p>
 <p></p>
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/IAQPhjZUcgE" data-id="IAQPhjZUcgE" data-query="feature=oembed" data-alt="Sponge V2 Presale Update! Buy The Next Meme Now!"></div>
 <noscript><iframe title="Sponge V2 Presale Update! Buy The Next Meme Now!" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/IAQPhjZUcgE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
 </noscript>
 <p></p>
 <p>But time is running out before the meme coin is launched on multiple major exchanges, so buy now if you are interested before it’s too late.</p>
 <p>Visit Sponge V2 here.</p>
 <h3 id="related-news">Related News:</h3>
 <ul>
  <li>Sponge Unveils Strategic Pivot To SPONGE V2 On Polygon Network Following Liquidity Pool Attack</li>
  <li>Upcoming Crypto Presales: Unlock Early Investment Opportunities!</li>
  <li>Best Penny Crypto Investments: Top Picks for Explosive Growth in 2024!</li>
 </ul>
 <p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/flare-price-prediction-flr-is-top-weekly-gainer-after-42-surge-as-experts-say-this-other-meme-coin-might-be-the-next-crypto-to-explode-tbt78915.html">https://thebittimes.com/flare-price-prediction-flr-is-top-weekly-gainer-after-42-surge-as-experts-say-this-other-meme-coin-might-be-the-next-crypto-to-explode-tbt78915.html</a></p>
</div>

Flare Price Prediction: FLR Is Top Weekly Gainer After 42% Surge As Experts Say This Other Meme Coin Might Be The Next Crypto To Explode

Table of Contents

TheBitTimes

Other articles published on Feb 5, 2024

South Korean Crypto Exchange Bithumb Reinstates Commission Fees After Four Months

Analyst Predicts Halving Surge, New Bitcoin Price ATH Before 2025

Unlocking Q1 2024 Potential: AVAX, Pullix (PLX), and ICP – Expert Analysts Predict Massive Surges

Jupiter Token (JUP) Price Fluxes Amid LFG Launchpool Optimism, What’s Next?

Bitget Report: 33% of Banking Professionals are Switching to Crypto

"Rich Dad Poor Dad" Author Predicts Stock Market Crash, Ripple Forecasts Biggest 2024 Breakthroug...

Join our free newsletter for daily crypto updates!