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EOS tries to vent off overbought saturation - Forecast today - 09-12-2024

Economies.com
2024-12-09 13:16PM UTC

EOS/USD fell in the intraday level on profit-taking while venting off overbought saturation in the RSI as negative signals stream out of it, with the price gathering momentum to climb anew, amid the dominance of the main upward trend in the short term, with positive pressure due to trading above the 50-day SMA.

 

Therefore we expect the price to return higher, provided it settles firmly above $1.1358, thus targeting the resistance of $1.6215.

 

Trend forecast: Likely Bullish

 

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5 Best Meme Coins That Could Generate Over 1000x Profits in 2025

Economies.com
2024-12-09 12:03PM UTC

Meme coins have evolved from being mere internet jokes to becoming a multi-billion-dollar industry, attracting investors worldwide, particularly younger generations. These assets, known for their playful nature and potential for high returns, have emerged as focal points for those seeking rare opportunities for quick profits, with the possibility of investing small amounts to achieve massive gains.

Their viral nature and community-driven growth have led to significant returns for early adopters. A key driver behind the rapid rise of meme coins is their accessibility. Many of these tokens are relatively low-cost in their early stages, allowing even beginner investors to participate without substantial financial commitment.

This article highlights the top new meme coins that experts see as strong investment opportunities for 2025, offering immense growth potential.

 

1. BTFD Coin

 

 

BTFD

 

The BTFD coin has taken the crypto world by storm, raising over $1.1 million within the first 10 days of its presale launch, starting at $0.000004 per coin and now trading at $0.000064.

Once the presale ends, BTFD is set to list at $0.0006, offering early investors a potential return of 900%. The coin’s appeal lies in its innovative Play-to-Earn (P2E) game, allowing users to earn tokens through gameplay, fostering a sense of community and fun.

Additionally, BTFD offers attractive Annual Percentage Yields (APY) for staking, enabling holders to earn steady passive income while supporting the project. This approach has driven sales of over 25 billion coins.

For instance, investing $1,000 at $0.000064 per BTFD coin would yield approximately 15,625,000 coins. If the price reaches $0.0006 at the end of the presale, this investment could grow to $9,375, illustrating the significant potential returns.

 

2. DOGS Coin

 

 

DOGS

 

The DOGS coin has stirred up the crypto market with significant price volatility. Recently, DOGS traded at $0.000900 with a market cap of $446.5 million and a 24-hour trading volume of $432.86 million, reflecting growing investor interest.

This coin was designed to reward Telegram users and was developed by the app's founders. It has a fixed supply of 550 billion, with 73% allocated to long-time Telegram users, fostering a robust community base.

Analysts predict DOGS could reach a $1 billion market cap, driven by its community-focused approach, especially as its integration with platforms like Binance Launchpool enhances its visibility and accessibility.

 

3. Ponke Coin

 

 

Ponke

 

Ponke is a meme coin launched on the Solana network, known for its fast and low-cost transactions. Ponke emerged during a time when meme coins were gaining increased attention in the digital community.

Ponke is designed for those who enjoy humor and fun while trading. Its developers implemented a governance model that allows holders to vote on major project developments, fostering a strong sense of ownership. The coin's highest price was $0.8365, recorded on November 19, 2024.

As the community grows, Ponke’s value could significantly increase through unique utilities and partnerships, making it one of the top new meme coins with the potential for 1000x growth by 2025.

 

4. NEIRO Coin

 

 

neiro

 

With a market cap of $786,045,080 and a daily trading volume of $464,588,634, NEIRO coin made headlines in 2024 due to its incredible 69,000% investment returns.

The coin focuses on online social interaction and its utility across various applications. NEIRO tokens can be traded on exchanges like Bitget, WhiteBIT, and OKX.

Its highest recorded price was $0.003018 on November 12, 2024. It remains one of the most promising coins for 2025.

 

5. Baby Doge Coin

 

 

baby doge

 

Baby Doge Coin has made waves in the crypto market since its launch, capitalizing on the popularity of the renowned Dogecoin. Its captivating branding and appealing mascot have captured widespread attention.

Currently, Baby Doge has a market cap of approximately $674,467,574, with a 24-hour trading volume of $246,303,189. Its highest price was $0.086345, recorded on January 16, 2022.

What excites investors is its active community and charitable initiatives supporting animal welfare organizations, making it one of the top new meme coins with high growth potential for 2025.

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Ethereum price (ETHUSD) forecast update - 09-12-2024

Economies.com
2024-12-09 09:20AM UTC

Ethereum price (ETHUSD) faces negative pressure to break the minor bearish channel’s support line and heads towards potential test to the bullish channel’s support line at 3770.00$, and the price needs to hold above this level to keep the overall positive scenario valid for the upcoming period and guarantee not turning to decline, noting that breaching 4010.00$ will reinforce the positive overview that targets 4090.00$ as a next main station.

 

The expected trading range for today is between 3780.00$ support and 4050.00$ resistance.

 

Trend forecast: Bullish

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Bitcoin price (BTCUSD) forecast update - 09-12-2024

Economies.com
2024-12-09 09:20AM UTC

Bitcoin price (BTCUSD) shows sideways trades since morning, and tested the key support 98330.00$, and as we mentioned this morning, the price needs to break this level to confirm rallying towards 93405.00$ that represents the main waited target.

 

Therefore, we will continue to suggest the bearish trend for today unless breaching 101200.00$ and holding above it.

 

The expected trading range for today is between 94000.00$ support and 101000.00$ resistance.

 

Trend forecast: Bearish

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