Bitcoin

Will FINE Double Its Current Value?

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Fine token (FINE) is trading with a bullish bias after a 377% rise from its debut price of $0.00000001562 recorded on September 13 to an intra-day high of $0.00000007421 recorded on September 15. At the time of writing, the token is valued at $0.00000006630. As a result of this remarkable move, it is trending on giant social media platform X for recording 100X gains.

FINE is a new meme coin, leveraging the ongoing market lull to solidify its presence. Highlighting that “this is fine” on its social media platform, the project advertises as the go-to place for the entire industry to rally behind. “With all the uncertainty about market conditions, regulations, and political events,” FINE commits to taking investors from the depths of the bear market, with promise even for the skeptics that “EVERYTHING IS FINE.”

Coinbase Effect Playing out For FINE Token

The Fine token has earned its place among the top trending pools on Gecko Terminal while at the same time making it to CoinMarketCap’s top gainers list today.

FINE CoinMarketCap
Source: CoinMarketCap

It boasts the most views on Crypto.com over the last 24 hours, with investors looking to ride on the rally in pursuit of the Coinbase effect.

The token recently secured listing on the MEXC exchange, further solidifying the Coinbase effect.

 

For the layperson, the Coinbase effect is when an asset’s price skyrockets upon listing on a major exchange. Among the drivers for this turnout is growing investor confidence, mainly when the listing happens on centralized exchanges.

The Allure Of FINE As Touted By LordKEK

LordKeK is a popular name when the FINE token is the subject. His recent post about the project’s marketing outperforming that of Pepe Coin (PEPE) inspired optimism among community members.

LordKeK is the lead developer behind the Pepe ecosystem and has been “leveraging his PEPE connections to hasten the global market reach through strategic marketing and centralized exchange listings. The developer also hinted at more listings underway.

LordKEK Binance
Source: Binance Feed

FINE Price Prognosis With Prospects For 2X Value Growth

On a four-hour timeframe, Fine price has been consolidating along an ascending parallel channel. This highly bullish technical formation is expected to rake in more gains for investors as long as it sustains within its confines or stays above its upper boundary.

As indicated, Fine has broken above the upper boundary at around the $0.00000006000 psychological level. Increased buying pressure above this level could increase the value of FINE, sending it further north to record more gains, potentially even doubling its value.

Technical indicators tip the odds in favor of the upside, with the Parabolic SAR tracking Fine price from underneath. For as long as this happens, the asset remains bullish. In addition, the overall trajectory of the Relative Strength Index (RSI) is upward, meaning momentum continues to rise.

Furthermore, the Moving Average Convergence Divergence (MACD) indicator moves north with its signal line. Its histogram bars also record growing volume. Together, these momentum indicators show that bulls have solidified their presence in the market.

FINE price
TradingView: FINE/USD 40-hour chart

The biggest threat to FINE’s upside potential is investors giving in to their profit appetite. This could cajole FINE back into the confines of the ascending parallel channel to limit its gains. In the dire case, the meme coin could fold below the lower boundary of the chart, potentially visiting the $0.00000002000 psychological level. This would constitute a 66% drop from current levels.

Like FINE, another token breaks past every obstacle despite being in the presale stage. BTCBSC is a new project mirroring Bitcoin (BTC) but with better prospects. It is a new low market-cap crypto presale that you should consider adding to your portfolio.

Fine Alternative For FINE Token

BTCBSC takes the stage as the most promising alternative for the FINE token. It is the native asset for the BitcoinBSC ecosystem, a remarkable project here to give those who missed the BTC train of 2011 a second chance. Accordingly, it goes for just $0.99, the same price the flagship crypto retailed for 12 years ago.

The project continues to cruise through its presale with unparalleled success. Never in the history of presales has a project breached the $2 million mark in under two weeks, adding to its success potential.

Join the BTCBSC presale today and witness the blend of Bitcoin’s timeless value and Binance Smart Chain innovation. The project lets you generate passive income with staking, linked to Bitcoin’s original block reward system.

According to the Bitcoin BSC website, almost 1 million BTCBSC tokens have been staked with an Annual Percentage Yield (APY) of 266%. Similarly, the block rewards are 0.25 per BSC block, the same as that of Bitcoin.

Meanwhile, investors must always exercise caution when interacting with projects, especially when they have fundamentals as good as Bitcoin BSC and perform as well as it does in the presale. This explains why bad actors are already trying to exploit it with fake profiles. Stay alert, and always buy BTCBSC here.

Also Read:

Ends Soon – Wall Street Memes

Wall Street Memes
  • Early Access Presale Live Now
  • Established Community of Stocks & Crypto Traders
  • Featured on Cointelegraph, CoinMarketCap, Yahoo Finance
  • Rated Best Crypto to Buy Now In Meme Coin Sector
  • Team Behind OpenSea NFT Collection – Wall St Bulls
  • Tier One Exchange Listings September 27
  • Tweets Replied to by Elon Musk

Wall Street Memes


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