GT Protocol Price Prediction: GTAI Jumps Again For 50% Increase In A Week As Analysts Say This Meme Coin Presale Might Be The Next Crypto To Explode

GT Protocol’s price jumped 10% in the last 24 hours and has surged 50% over seven days to trade at $2.52 at 5 a.m. on trading volume that soared 44%.

The token hit a weekly high several hours earlier only to pare gains.

GT Protocol is a newly launched crypto that has added listings in the past few days on platforms that included MEXC, Poloniex, BitMart, and HTX, making it more widely available. It was earlier listed on platforms including KuCoin, Bybit, Gate.io, PancakeSwap, and Hotcoin Global.

GT Protocol Price Prognosis

GT Protocol’s price has seen quite a bit of volatility in the last 24 hours, heading from $2.13 to $2.88 as it bounced higher and lower.

Technical indicators such as Bollinger bands show that there is still high demand for the token, which has left the bands quite wi.

dc1AWcmU

On the other hand, the token’s RSI score is currently in a neutral area after previously reaching the overbought zone, which could mean that the price might drop further as traders take profits.

With the bullish and bearish signals mixed, chances are that the price will remain volatile for a while longer.

However, with the majority of the market currently trading in the green, this is another positive sign for the short-term future of GT Protocol’s price.

The token will likely keep fluctuating between a support at $2.25 and a resistance at $2.50. However, if the resistance happens to break, the next one at $2.75 will be the real challenge, as the token never managed to truly turn it into a support.

Promising Alternatives to GT Protocol

Traders who feel GT Protocol’s main pump has passed might consider instead a meme coin called Sponge V2. As the name suggests, this is a new version of a highly popular meme coin called Sponge, which launched in 2023.

That token saw a massive pump upon launch, and now, the developers have created Sponge V2 with the intention of making it bigger and better than the original.

The project is currently offering users to bridge from V1 to V2 simply by staking SPONGE today to earn Sponge V2 tokens instead. Furthermore, users can buy and stake Sponge V2 directly and get special bonuses.

The total amount staked and bridged so far has reached $3.77 million. As for purchasing the new token directly, it can be done with ETH, USDT, or with your credit or debit card.

With SpongeV2 due to list imminently, act fast to buy it here.

Related News:

  • Best Meme Coins to Invest in
  • Best Penny Crypto Investments: Top Picks for Explosive Growth in 2024
  • Could the Sponge V2 Relaunch Hold a High Upside Potential?

Comments

Post a Comment

Popular posts from this blog

Iran completes pre-pilot phase of central bank digital currency

The Central Bank of Iran progresses with CBDC development in anticipation of the Bank of Russia’s governor Elvira Nabiullina’s visit. Iran is moving forward with its central bank digital currency (CBDC) plans, completing preliminary research for the launch of a potential digital rial. The Central Bank of Iran (CBI) has successfully completed a pre-pilot phase in the development of Iran’s CBDC, according to an official statement by CBI’s research arm, the Monetary and Banking Research Institute (MBRI). Mohammad Reza Mani Yekta, head of the CBI office for supervising payment systems, announced the news at the ninth annual conference on electronic banking and payment systems on Feb. 20. He noted that Iran’s central bank plans to increase the scope of the CBDC pilot in the country’s payment system, but doesn’t want to rush its implementation. “The pre-pilot phase ended successfully with valuable achievements. The project will soon be launched in other ecosystems and will be used by mo...
Read more

5 Cryptocurrencies Outperforming Others in the Top 100

Image
WLD’s successful rise above the $8 resistance could trigger a jump toward $10. AR might slip below $20 while selling pressure could lead PEPE down to $0.0000013. Increased buying pressure could send FET above $2 while FLR’s momentum had turned bearish. Over the last few weeks, the broader crypto market has experienced major upside with Bitcoin (BTC) hitting $64,000 at one point. However, apart from Bitcoin’s jump, there have been several cryptocurrencies that have been in the spotlight and performed exceptionally. Here are the top five best-performing coins in the top 100. Worldcoin (WLD) Worldcoin’s (WLD) price increased by 217.82% in the last 30 days. At a particular time, the price of the token crossed $9. However, in the last seven days, the upward trajectory had cooled, and at press time, Worldcoin changed hands at $7.72. Based on the 4-hour WLD/USD chart sellers might have gotten exhausted with support appearing at $7.25. However, a build-up bac...
Read more

ChatGPT 4-o predicts Solana price amid ETF forecast for 2025

Image
Solana (SOL), currently the fifth-largest cryptocurrency by market capitalization, has experienced a notable price jump in the past 24 hours.  This rise is fueled by VanEck, a well-known New York investment management firm, filing an S-1 registration statement for its “VanEck Solana Trust,” marking the first attempt to launch a spot Solana exchange-traded funds (ETFs) in the U.S. In addition, Canadian firm 3iQ Corp recently filed a preliminary prospectus to introduce the Solana Fund (QSOL) in Canada. These filings have generated substantial interest and speculation about Solana’s future price trajectory.   Picks for you 3 cryptocurrencies to turn $100 into $1,000 for end of 2024 32 mins ago Here's Bitcoin's ...
Read more