Mooney stands out. Quadrupled in 24 hours, future to be written?

The crypto market has regained momentum, and new altcoins, such as MoonDAO's Mooney (MOONEY) token in question, have also benefited, with a 40% surge. The crypto MoonDAO was founded in the year 2021 with the goal of sending an ordinary person into space through the power of the internet, crazy dream or reality in the future?

The MOONEY token isn't the only one to have registered a significant increase, other tokens launched on DEX have also exploded in past weeks, such as MEGA, DRS, OGGY, APX, REFUND, and THING, all registering interesting rises.

Let's analyze the token:

The token is looking to continue to the upside and now is trading at the $0.0009877 level, up 17% in 24 hours. This comes as the price trend is in its third week of consolidation, with support at less than $0.0007862 and upward resistance positioned at the $0.0012 level. With 11.78 thousand holders and a market cap of $2.58 million, MOONEY seems stable and pen developed at the bottom, with many opportunities for price increases after the period of consolidation seen in recent weeks. However, the price trend remains susceptible, with trading volume for the past 24 hours stationary at $1.9 thousand, suggesting that even small transactions could greatly influence price movements.

The MOONEY token is targeting the $0.0014 level, with a possible upside of about 42%, but there remains downside risk that could push it to $0.00039, with a possible downside of 60.57%. In short, it's do or die, we say in our neck of the woods.

MoonDAO's risk/reward ratio currently stands at 0.69, to indicated greater downside vulnerability. That is why entering at this time may not be favorable, and so you must be very careful and do your own analysis as well to see whether or not it 's worth betting on it.

Investors are focusing on another token, which is catching attention after Bitcoin's recent surge to $35,000.

Meanwhile...

The Bitcoin Minetrix project is capturing attention with its innovative stake-to-mine system, while the presale of the native token has raised an impressive $2,282,979 raised. The industry is crowded with numerous cloud mining platforms, but Bitcoin Minetrix has managed to stand out. Bitcoin Minetrix also manages to take advantage of Bitcoin's next halving event, scheduled for April 2024. Although the upcoming event may challenge miners, due to the reduction in block rewards, there is usually a price increase in Bitcoin.

I previously told you about my experience in the previous article, and there seems to be no stopping the growth of investors of this token.

Bicci