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Minu Price Prediction: MINU Pumps 8%, But Experts Say Consider This P2E DOGE Derivative For Parabolic Gains

Insidebitcoin2024/07/12 08:31
By:Insidebitcoin

The Minu price climbed 8% in the last 24 hours to trade at $0.0000003218 as of 00:46 a.m. EST on trading volume that dropped 4% to $1.2 million.

MINU is the first mining dog coin on Binance Smart Chain and it continues to expand its ecosystem with integrations, listings, and updates.

MINU price has been on an uptrend in the last week, surging 41%.

Minu Price To Continue Its Rally Over The Sideways Channel

The Minu price has in the last 4 days been on an upward trend from the lower boundary of the sideways channel, with the bulls pushing the token from the $0.0000002040 support toward the upper boundary of the channel, according to data from GeckoTerminal .

MINU price bulls seem to have won the struggle, pushing the token over from the consolidation phase.

The price of Minu now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish rally to the upside.

The Relative Strength Index (RSI) drops from the overbought region, currently at 48, which shows that sellers currently have an upper hand.

According to MINU’s price analysis, if bearish selling continues, Minu’s price may retrace. The immediate support levels are $0.0000003136 and $0.0000002659, corresponding to the 50-day and 200-day SMAs, respectively.

However, the 50-day SMA crosses above the 200-day SMA, forming a golden cross at $0.0000002598. With the bulls capitalizing on the golden cross and the sideways channel to keep pushing the token, the price of Minu could rise to $0.0000004233.

Meanwhile, as the price of Minu soars, meme coin lovers are also piling into another red-hot meme coin called PlayDoge (PLAY).

Jacob Bury, an influential crypto analyst on YouTube, says this new DOGE derivative ICO could potentially surge 100X after its launch.

PlayDoge Meme Coin Blasts Past $5.6 Million – Best Meme Coin To Buy Now?

PlayDoge has raised over $5.6 million in its explosive ICO. It offers a mobile-based play-to-earn (P2E) game that allows users to care for an 8-bit pixel Doge in the retro-style mobile game.

Players get to feed, play mini-games, and bond with their virtual pet, earning $PLAY tokens in the process.

PlayDoge operates on the BNB Chain, a blockchain created by the world’s largest crypto exchange, Binance , further increasing its appeal.

Apart from earning through P2E, token holders can also earn passively by staking $PLAY for an impressive 88% annual percentage yield (APY).

You can buy $PLAY tokens for $0.00518 each. With a price hike coming in about two days, don’t wait around too long if you want to lock in the best deal.

To join the presale, buy $PLAY from the official website here using BNB, USDT, or a bank card.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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