Connect with us

Hi, what are you looking for?

Oracle of  Omaha SaysOracle of  Omaha Says

Editor's Pick

‘SHORK’ Token Explodes 15,000% and Now Traders are Watching This New Coin Poised for a Price Surge in 24 Hours

Shark-themed SHORK price has exploded to become today’s strongest Solana meme coin market performer, but could another coin be the next to explode?

This article will provide an analysis of SHORK’s current price trends and look to see whether an innovative multichain token, Dogeverse, represents a more promising investment opportunity at this time.

For those wondering, yes I am running the @shork_coin twitter

All off good vibes, no current position (will change likely)

You are in good hands frens

Lets #shork

— Gannon Breslin (@gannonbreslin) April 12, 2024

The SHORK token appears to have been created by serial founder Gannon Breslin, an associate of the HeniousPumps newsletter.

SHORK Price Analysis: Is Shork Coin On The Verge of a Second Rally Leg?

As price action pushes to the upside once more, SHORK is currently trading at a market price of $0.035 (representing a 24-hour change of +15,030%).

This comes after the token launched at just Midnight UTC in a DEX listing on Raydium. It gained almost instant traction, and its price surged +10,000% in the first three hours.

Resistance at $0.062 sent the price tumbling into a strong consolidation pattern above lower support at $0.0225, setting the stage for a further push to SHORK’s current all-time high at $0.067.

Yet, with the all-time high delivering +50,000% returns to SHORK holders, early-backed moved for a quickfire sell-off around 6 AM UTC – sending the price tumbling back to support.

However, defying expectations, the support level has once again been successfully defended by holders – and SHORK price is once again on the climb – teasing the potential of a second rally leg.

The volatile price action has been fuelled by significant interest from retail investors, represented by an impressive $58m in 24-hour trading volume.

Now standing at a $41m market cap, interest threatens to wane, with the prospect of a major return for late-stage investors diminished to a generous 5x expectation at these levels.

Remarkably, despite more than 8,000 holders, bulls remain in control – with buy pressure representing 51% of transactions over the past hour.

In other news, a multi-chain dog-themed cryptocurrency is also doing rounds after unlocking viral success at presale with its promise to unify DOGE cross-chain.

Enter the Omnichain Dogeverse: The New Kid on the Block

Touted as the “chain traveling Doge,” Dogeverse has multi-chain functionality across major networks like Ethereum, BNB Chain, and Solana, making it a versatile contender in the meme coin arena.

With 15% of its 200 billion supply up for grabs at a starting price of $0.000292 per token, early investors stand to gain significantly.

The project’s structure and potential for high returns, including a staggering +582% APY return for stakers, underline its ambitious roadmap.

Beyond its playful facade, Dogeverse introduces real utility, offering seamless integration across different blockchain environments – this feature not only enhances accessibility but also adds a layer of convenience for investors.

Buy Dogeverse Here

The post ‘SHORK’ Token Explodes 15,000% and Now Traders are Watching This New Coin Poised for a Price Surge in 24 Hours appeared first on Cryptonews.

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    A former Republican legislative candidate who traveled to Washington for former President Donald Trump’s ‘Stop the Steal’ rally was arrested Friday and charged with...


    Even as U.S. inflation broadly cools, frozen vegetable prices are hot. The average shelf price for frozen veggies rose by 18% in the past year...

    Latest News

    Abbe Lowell, Hunter Biden’s attorney, filed an ethics complaint Friday against Georgia Rep. Marjorie Taylor Green after she displayed censured nude photos of the president’s...

    Latest News

    President Biden has overruled the Pentagon and chosen Adm. Lisa Franchetti to lead the Navy, making her the first woman, if she’s confirmed, to...

    Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024