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The Ponke worth surged 15% within the final 24 hours to commerce at $0.51741 as of seven:15 a.m. EST on buying and selling quantity that skyrocketed 220% to $77 million, in accordance with information from CoinGecko.
This comes after the world’s largest crypto alternate, Binance, introduced that it might checklist PONKEUSDT Perpetual contracts with as much as 75x leverage on Binance Futures on November 4 at 12:30 UTC.
#Binance Futures will launch the USDⓈ-Margined $PONKE Perpetual Contract at
🗓️ Nov 4 2024, 12:30 (UTC)
Learn extra ➡️ https://t.co/kqrmZqnEp6 pic.twitter.com/LQPUlMOBOR
— Binance Futures (@BinanceFutures) November 4, 2024
Ponke Value On A Sustained Bullish Rally
In accordance with the PONKE/USDT chart evaluation on the 4-hour timeframe, the Ponke worth has been in a continued surge since mid-October, after the bulls took benefit of the value inside the $0.27 help.
Within the final two weeks, the value of Ponke has been registering greater highs and better lows, buying and selling inside the rising channel sample.
PONKE worth has, because of the surge, crossed above each the 50-day and 200-day Easy Transferring Averages (SMAs) at $0.464 and $0.388, respectively. This helps the continued upward development, which the bulls purpose to maintain.
In the meantime, the Relative Energy Index (RSI) appears to be rebounding in direction of the 70-overbought area, at the moment at 63, indicating that the asset is experiencing some shopping for stress.
The bullish rally can also be confirmed by the Transferring Common Convergence Divergence (MACD) traces, because the blue MACD line crosses above the orange sign line, which creates a bullish crossover. The inexperienced bars on the histogram are additionally starting to kind, which exhibits that the Ponke worth is on constructive momentum.
If the bulls maintain this momentum, PONKE might soar to the $0.70 resistance degree.
PONKEUSDT Chart Evaluation (Supply: Tradingview)
Conversely, if the bears take management right here, the value of Ponke might drop under the decrease boundary of the rising channel sample, with $0.39 performing because the rapid help degree.
Because the Ponke worth soars, so, too, are the funds being raised by the brand new meme coin Flockerz (FLOCK).
In accordance with 99Bitcoins, a well-liked crypto channel on YouTube with over 706K subscribers, $FLOCK has the potential to soar 100X after its launch.
Flockerz Presale Heads For $2 Million – Greatest Crypto To Purchase Now?
The Flockerz presale has already raised $1.25 million as traders purchase into the concept of a very decentralized meme coin.
The venture introduces the business’s first vote-to-earn (V2E) mechanism, permitting customers to affect the venture’s future by voting on key selections whereas incomes FLOCK tokens for his or her efforts.
It’s resolution time! 🐦🗳️ pic.twitter.com/Yu9sZRWe7R
— Flockerz (@FlockerzToken) October 23, 2024
In Flockerz, the V2E mannequin places energy within the arms of token holders, permitting them to form the venture’s course and decentralize decision-making amongst stakeholders.
Flockerz achieves this by means of Flocktopia, a decentralized autonomous group that establishes a structured governance mannequin and implements an modern reward system. Energetic members who take part in voting on adjustments earn $FLOCK tokens as rewards.
Aside from V2E rewards, customers may earn passively by means of the platform’s staking mechanism, with a sky-high annual yield of 1,340%. Over 134 million $FLOCK tokens have already been staked on the platform.
To hitch the presale, you can buy $FLOCK on the official website here for $0.0059334 per token utilizing BNB, ETH, or USDT. You too can make a purchase order utilizing your financial institution card.
Purchase earlier than a worth hike in lower than 2 days to safe the most effective deal.
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