This New Coin Just Quadrupled in 24 Hours and Crypto Experts Say This Low Cap Gem is Next to Explode – Here’s Why
As crypto markets turn bullish, on-chain traders aren’t being left behind, as MoonDAO’s Mooney token (MOONEY) surges +40%.
With the stated aim of sending crypto degens into space, MoonDAO’s mission is to create a self-sustaining, self-governing settlement on the Moon by 2030 to act as a launch point for humanity to explore the cosmos
MOONEY Price Analysis: Is Mooney Going to Skyrocket or Flop?
As price action attempts to push up MOONEY is currently trading at a market price of $0.0009877 (representing a 24-hour change of +17%).
This comes as price action enters its third week of consolidation between lower support at $0.0007862 and upside resistance at $0.0012.
A significant brief retest of lower level support at $0.000165 yesterday bounced back with resounding success, demonstrating a strengthening of technical structure that could prime Mooney to bounce.
Yet, upside price moves remain limited by the significant upside resistance level.
With 11.78k holders and a $2.58m market cap, MOONEY seems stable here, with plenty of opportunity for upside price moves following the well-defended consolidation period.
But price action is also vulnerable here, with 24-volume sat at a lowly $1.9k – suggesting small transactions could drive big price movements.
To the upside, this leaves MOONEY with a breakout target at $0.0014 (a possible +41.56%).
While downside risk could see MOONEY return to $0.00039 (a potential -60.57%).
MoonDAO’s risk: reward ratio then currently stands at 0.69 – a bad entry, characterised by downside vulnerability.
In other news, a new Bitcoin Cloud Mining presale is riding high on the success of Bitcoin’s recent rally.
Missed Bitcoin? Don’t Cry with FOMO – Bitcoin Minetrix Is the ULTIMATE Beta Play
Dive into the innovative world of Bitcoin Minetrix and its pioneering stake-to-mine system – as the skyrocketing presale smashes +$2,282,979 raised.
Offering an enticing 1224% Staking APY, Bitcoin Minetrix provides a platform where users can buy, stake, and then watch as the rewards start accumulating.
The true essence of passive income in the crypto world has never been this accessible.
With the Bitcoin Minetrix approach, gone are the days of heavy initial capital and navigating complex mining contracts.
Key Highlights of the BTCMTX Advantage:
- Distinctive Edge in the Market: In an industry filled with numerous cloud mining platforms, Bitcoin Minetrix carves a niche for itself. As the first-ever tokenized Bitcoin cloud mining initiative, it offers an automated system that’s geared for cloud-based Bitcoin mining, setting a new standard for the industry.
- Safety First with Ethereum Blockchain: Bitcoin Minetrix operates on the tried and trusted Ethereum blockchain. This ensures top-notch security and reliability, allowing users to sidestep the risks associated with external mining pools, and offering a safeguard against potential fraudulent cloud mining services.
- Championing True Decentralization: At its core, Bitcoin Minetrix upholds the ethos of decentralization. In an age where centralization often introduces vulnerabilities, Bitcoin Minetrix breaks the mould, redistributing mining profits from big corporations to individual retail investors through its novel Stake-to-Mine system.
- Tapping into the Bitcoin Halving Opportunity: Perfectly poised to make the most of the upcoming Bitcoin halving, Bitcoin Minetrix provides investors with a golden opportunity. The impending halving might seem daunting for miners due to reduced block rewards, but historically, such events have driven up Bitcoin’s value. Bitcoin Minetrix provides a platform for investors to tap into this potential surge, sans the associated capital risks.
- The BTCMTX Presale Opportunity: The ongoing BTCMTX presale has already garnered significant interest, with over $2,282,979 raised towards its $3M goal. At a competitive price of just $0.0111 per token, early investors have a unique chance to be at the forefront of this stake-to-mine evolution.
In sum, Bitcoin Minetrix is set to redefine the Bitcoin landscape, with its innovative methodologies, stringent security measures, and the vast potential of its stake-to-mine mechanism, it beckons as a lucrative opportunity for early bird investors.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.