Wise Monkey Price Prediction: MONKY Pumps 19%, But Traders Rush To Buy This Meme Coin Staking ICO With Time Running Out

The Clever Monkey value skyrocketed 41% within the final 24 hours to commerce at $0.00002173 as of 4.45 a.m. EST on buying and selling quantity that soared 113% to $48.16 million.

The challenge’s token, MONKY, went reside on December 12, which was introduced in a put up on X.

Since then, the challenge noticed just a few listings on main exchanges, together with PancakeSwap, KuCoin, MEXC, Gate.io, BitMart, CoinEX, and extra. As for its value, it noticed a reasonably underwhelming efficiency n the previous week. The token initially surged to a resistance at $0.000030, which was then adopted by a pointy correction to $0.000012.

The challenge discovered its backside at $0.00001179 on December 15. Nonetheless, Bitcoin’s value surge to $107k introduced a brand new constructive development to the market, and MONKY shortly adopted, skyrocketing to $0.00002173.

That is nonetheless not even near its ATH at $0.00003281 as recorded per week in the past, instantly after the challenge’s launch, however it usually exhibits a significant development in the appropriate route.

Clever Monkey Worth Prediction

Following a number of makes an attempt to breach the resistance at $0.000020 within the final 5 hours, Clever Monkey noticed its value endure a pointy correction which introduced its value to $0.00001952. The drop was fairly sharp, happening in a really brief time.

The challenge was exhibiting indicators of progress, with its Bollinger bands getting wider with every passing hour, as the value stored pushing the higher band additional up. It nonetheless noticed small fluctuations, however it might usually solely drop barely, not even reaching the center level between the 2 bands.

Then, it all of a sudden dropped under the center level, however it stopped its descent quickly after, earlier than it ever acquired close to the underside band. This was possible a outcome of a big sale, presumably attributable to a big promote order by a whale, or by a sudden however short-lasting sell-off.

The challenge’s Relative Energy Index (RSI) metric additionally exhibits sharp fluctuations prior to now 18 hours, with the RSI consistently fluctuating between the overbought zone at 70 and the impartial zone at 50. This means that merchants would pump the value till the RSI climbed to the overbought zone, which was adopted by a right away change in development, the place the merchants would promote till the RSI dropped to the impartial space, solely to begin shopping for once more.

This was a constant sample that remained unchanged for the final 18 hours, as talked about, till the RSI all of a sudden broke under the worth of fifty, which brought about the sharp value drop, as nicely.

Promising Different To Clever Monkey

Whereas MONKY looks as if its value is about to begin a restoration from its sharp drop, many have been turning to new high-potential various referred to as Crypto All-Stars (STARS).

It is a meme coin challenge that’s set to finish its presale in lower than 2 days, making this the final probability to purchase STARS throughout its ICO value of $0.0016782.

The challenge blew up due to its flagship product — a brand new sort of staking platform referred to as MemeVault, which is the trade’s first multi-coin staking sensible contract.

Proper now, it solely permits customers to stake STARS, however as soon as the token goes reside the platform will allow you to stake 12 totally different meme cash. Aside from STARS itself, that may also embrace Dogecoin, Pepe, Bonk, Shiba Inu, Turbo, Floki, Brett, Coq Inu, Milady, Mog Coin, and Toshi The Cat.

In time, the challenge will add assist for much more meme cash, which is able to let everybody who has created a big meme coin portfolio stake all of their cryptos in a single place, making the method extra accessible and handy.

This has been a significant promoting level for the challenge’s ICO, and it’s the cause why it’s raised over $21.5 million. With solely two days left, there was a significant inflow of investments, with whales becoming a member of as nicely.

A serious crypto influencer on YouTube going by the title of ClayBro, who has over 134k subscribers, says STARS is perhaps the subsequent 10x crypto.

Go to Crypto All-Stars.

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