In a stunning come-back move in the Solana meme coin markets, TUCKER token has pumped up 217x in less than 24 hours. Here’s what TUCKER price analysis reveals about what is coming next…
This recent move comes as TUCKER token posted a sensational pump on January 8, in a major move that saw TUCKER price gain 200x.
Umm… what did you degenerates do?
30k to 1.8m $TUCKER https://t.co/cozN2Jqka2 pic.twitter.com/BbPANTUwLa
— Degenomics (@Degenomics2000) January 25, 2024
However, the latest comeback pump appears to be riding on a wave of stronger volume than before, sending price surging to a new all-time high amid a climb from $30k to $1.8m market cap.
TUCKER Price Analysis: Can TUCKER Token Sustain the Comeback Skyrocket?
As price action remains high, Tucker Token is currently trading at a market price of $0.11339623 (representing a 24-hour change of +19,062%).
The massive pump emerged in the chart at 13:00 UTC on January 24, as traders pushed 12-hours of consecutive green candles in a magnificent +135,500% move.
This has been followed by a well-defended 10-hour consolidation above higher support around $0.1119, which suggests TUCKER price could push up further.
However, despite rising to an impressive $1.3m market cap, the move appears to have been fuelled by a relatively modest influx of just $16.4k in volume.
And worse still, despite the dramatic pump, TUCKER price analysis reveals that the meagre liquidity pool has failed to increase substantial, remaining low relative to market cap at $29.26k.
This exposes holders of the Solana memecoin to a potential illiquidity when it comes to taking profit, and worse still there could be a removal of liquidity entirely given its unlocked nature.
Therefore, despite the Solana memecoin rebound, TUCKER token is currently carrying undue risk to investors at these levels, leaving some flocking towards a safer play in Sponge V2.
Sponge V2 Launch ($SPONGEV2): A New Era in Meme Coin Evolution – Poised To Outperform TUCKER Crypto?
Sponge V2, the latest iteration of the renowned Sponge ($SPONGE) meme coin, is making waves in the cryptocurrency market.
Following the phenomenal success of Sponge V1, which peaked at nearly $100 million in market cap and amassed over 13,000 holders, Sponge V2 arrives with promising innovations and opportunities for investors.
How to Acquire Sponge V2
Acquiring Sponge V2 is unique:
Stake Sponge V1: Buy and stake V1 tokens via Sponge.vip or stake your existing V1 tokens.
Earn More V2: The longer and more V1 tokens you stake, the more V2 tokens you earn.
Read more: Best Crypto to Invest In 2024
Staking Mechanics and P2E Integration
Sponge V2 introduces Play-to-Earn (P2E) utility, enhancing its ecosystem.
Stake your V1 tokens to earn V2, and engage in the upcoming P2E game to earn additional $SPONGEV2 tokens.
This P2E game, a new utility in the Sponge ecosystem, will feature both free and paid versions for enhanced gaming and earning experiences.
Unique Aspects of Sponge V2 Over TUCKER Price Pump
Exclusive Access: Earn $SPONGEV2 exclusively through $SPONGE staking.
Bonus Rewards: Buying and staking $SPONGE offers special $SPONGEV2 bonuses.
Passive Earnings: Staked $SPONGE tokens yield passive rewards, starting at a minimum 40% APY.
Permanent Transition: Staking of V1 tokens will result in their permanent locking, with focus shifting to V2 post-launch.
Roadmap and Future Prospects
Sponge V2’s roadmap is ambitious, targeting 10,000 holders, Tier 1 CEX listings, and a $100M market cap.
The launch stages include the Sponge game’s development and the Sponge V2 claim and listing.
Sponge V2 is not just a sequel to its predecessor; it’s a reinvention with a focus on utility and community engagement.
The integration of P2E and exclusive staking mechanisms make it a standout project in the meme coin domain.
Stay updated on Sponge V2’s journey through social channels and witness its growth in the crypto world.
The post TUCKER Token Pumps Up 217x in 24 Hours and This Other Crypto is About to Explode appeared first on Cryptonews.