As Blinky Token Goes Viral After 500% Surge, Crypto Experts Say This Lesser Known Crypto is Next to Pump – Here’s Why
In the latest on-chain moon-shot Blinky Red Ghost (BLINKY), a meme coin reference to the classic Pac Man game, has exploded +500% in a dramatic skyrocket captivating DEX markets.https://www.twitter.com/BlinkyRedGhost_/status/1709988264478638336
The token appears to be driven by a dev called BlinkyRedGhost, and the token went live through a huge $100,000 airdrop to early backers – igniting a frenzy of interest on Crypto X.
BLINKY Price Analysis: How High Can Blinky Red Ghost Climb?
Amid the moon-shot move, BLINKY is currently trading at a market price of $0.00004463 (representing a 24-hour change of +502%).
Launch on the afternoon of October 4, BLINKY saw slow traction in the first 24-hours of trading – with price pushing up a muted +15% during initial trading.
However, catalyzed by the successful airdrop – price action ignited into a frenzy at 14:00 on October 5 – as a sudden +50% hourly candle triggered a major influx of almost $1m worth of trading volume.
This huge flood of capital sent price flying +500% across the following 4-hours as more than 250 holders took position in the unfurling skyrocket move.
With BLINKY’s market cap now sat impressively high fir such a young project at $347k, more growth seems likely here, and this is evidenced by a well-defended consolidation above the $0.00003 price level.
This morning, price has bounced out of strong local support to post a new all-time high at $0.0000485.
Support here could trigger a move up to the $0.00006 price level (a potential +33.5% move).
While downside risk here could see price return to $0.00003 (a possible -32.17% drop).
Overall then, Blinky Red Ghost is currently facing a risk: reward ratio of 1.04 – a make-or-break entry on the short-time frame.
But while DEX traders are exercising the extremes of risk management, smart money are playing it safer with an emerging Bitcoin mining presale that offers retail investors the chance to take a share in mining revenues.
Discover Bitcoin Minetrix as BTC Cloud Mining Surges Past Half-Million Raised
Bitcoin mining, long seen as a domain dominated by colossal corporations with their deep pockets and access to state-of-the-art equipment, is undergoing a transformation.
Bitcoin Minetrix aims to ensure this lucrative venture is not just confined to the elites but is accessible to everyone.
How? By rewriting the rules of mining through its innovative Stake-to-Mine model.
🎉 #BitcoinMinetrix $30,000 Minedrop Is Now Live! 🎉— Bitcoinminetrix (@bitcoinminetrix) October 5, 2023
Get ready for your chance to win a share of $30,000 in $BTCMTX!
Follow the steps in the link below for the chance to win one of ten $3,000 $BTCMTX Prizes! 💰
➡️ https://t.co/v1UKskxi4Y pic.twitter.com/nseOBTNO9N
In a move aimed at side-lining energy-guzzling equipment, Bitcoin Minetrix provides an avenue where BTCMTX token holders can stake their tokens to receive mining credits.
These credits unlock the door to efficient Bitcoin cloud mining, making the process sustainable, secure, and, importantly, within everyone’s reach.
And so far the BTCMTX presale has been an undeniable success, with more than $589,000 raised in the first week.