This New Coin Just Quadrupled in 24 Hours and Crypto Experts Say This Low Cap Gem is Next to Explode – Here_s Why

Source / MOONDAOAs crypto markets turn bullish, on-chain traders aren’t being left behind, as MoonDAO’s Mooney token (MOONEY) surges +40%.

Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including the ever-popular APX, OGGY, MEGA, REFUND, DRS and THING.

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.

DEXtools / MOONEY WETHA 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.

DEXtools / MOONEY WETHTo 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

Source / Bitcoin MinetrixDive into the innovative world of Bitcoin Minetrix and its pioneering stake-to-mine - as the skyrocketing presale smashes +$2,282,979 raised.

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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.