3 hours ago
Donald Pumps could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Donald Pumps (DONPUMPS), a new Solana memecoin that was launched today, is set to explode over 16,000% in price in the coming days. This is because DONPUMPS is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Donald Pumps can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Donald Pumps could become the next viral memecoin. Donald Pumps launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Donald Pumps on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Donald Pumps by entering its contract address – 4AiQS1KegadchxjSm4hmifemyRE7gyk3Hieca9wGXGts – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like DONPUMPS. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Ethereum Price Losses Steady: Is a Rebound Brewing?
Ethereum price started a minor recovery wave above the $3,200 zone. ETH is struggling and might continue to move down if it stays below $3,320. Ethereum started a minor recovery wave from the $3,160 zone. The price is trading below $3,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could struggle to start a fresh increase above the $3,320 resistance level. Ethereum Price Faces Resistance Ethereum price started a short-term recovery wave from the $3,160 level, like Bitcoin . ETH was able to recover above the $3,200 and $3,220 resistance levels. The price cleared the 23.6% Fib retracement level of the downward move from the $3,743 swing high to the $3,160 low. There is also a connecting bullish trend line forming with support at $3,250 on the hourly chart of ETH/USD. However, the bears are active below the $3,320 and $3,350 levels. Ethereum price is now trading below $3,320 and the 100-hourly Simple Moving Average . On the upside, the price seems to be facing hurdles near the $3,300 level. The first major resistance is near the $3,320 level. The main resistance is now forming near $3,450 and the 50% Fib retracement level of the downward move from the $3,743 swing high to the $3,160 low. A clear move above the $3,450 resistance might send the price toward the $3,500 resistance. An upside break above the $3,520 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $3,650 resistance zone or even $3,720 in the near term. More Losses In ETH? If Ethereum fails to clear the $3,320 resistance, it could start another decline. Initial support on the downside is near the $3,250 level and the trend line. The first major support sits near the $3,220. A clear move below the $3,220 support might push the price toward the $3,160 support. Any more losses might send the price toward the $3,050 support level in the near term. The next key support sits at $3,000. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $3,220 Major Resistance Level – $3,320 CryptoIntelligence
Ethereum Price Holds Steady Amid Bullish Projections
Ethereum (ETH) continues to showcase resilience, maintaining a price of $3,241 despite a minor 1.5% dip in the past 24 hours. Analysts project a bullish trajectory, with short-term targets set at $3,400, $3,500, and $3,600, potentially leading to $4,000 by January 2025 if the ascending channel trend holds. MVRV Ratio Signals Accumulation On-chain data highlights … Continue reading "Ethereum Price Holds Steady Amid Bullish Projections" The post Ethereum Price Holds Steady Amid Bullish Projections appeared first on Cryptoknowmics-Crypto News and Media Platform . CryptoIntelligence
