The Tellor price is up 22% in the last 24 hours, trading at $235 as of 5 a.m. EST, as the trading volume for the day saw a 122% increase to $250 million.

Tellor’s market capitalization stands at $594 million. The Tellor price has also surged by 41.9% over the past week, outpacing the overall global cryptocurrency market, which has seen a modest increase of 0.60%. 

Tellor Price: Bulls Target $250

The TRB price reflects a gradual upward trend from a period of consolidation as the bulls find an anchor at $16.2, driving the price up.

Despite the rejection at the $145 resistance point, bulls have shown resilience, rebounding from the $77 support zone and successfully surpassing this resistance level, pushing the price to $252.

The relative strength index (RSI)  is trading at 87, indicating a bullish overview and rebounding from the oversold level of 30. This indicates intense buying pressure on the Tellor price.

The 50-day and 200-day Simple Moving Averages (SMAs) are positioned below the price, further signaling a bullish trend continuation

Tellor Price Prediction

The bulls are sustaining their upward momentum with the goal of reaching a new high, targeting the $250 mark in the first quarter of 2024. 

However, due to the notable volatility, bears might intervene, potentially leading to a downward shift in the price, approaching the support zone at $185.

Meanwhile, as Tellor continues to surge, investors can gaze their eyes on these Meme Kombat, Sponge and Wall Street Memes as analysts say that they might be the best new cryptocurrencies to invest in 2024 for parabolic growth.

Last Chance, Buy MK Now, 13 Hours to Price Hike

Meme Kombat (MK) presale is left with a few hundred thousand to hit the $6.5 million target, having already garnered $5.2. 

With about 6 days in the current stage, Meme Kombat offers investors an opportunity to purchase MK tokens at a reduced rate of $0.268 before the price increases to $0.279 in less than 24 hours. 

$5.1 million raised in the $MK presale is no joke🥊

But we passed it with ease🫡 pic.twitter.com/GHvp2gSWnR

— Meme Kombat (@Meme_Kombat) December 29, 2023

Investors are showing interest, anticipating considerable returns as they anticipate playing in season 1 of Kombat, with 11 memes battling to be the best. Unifying GameFi with meme characters, Meme Kombat allows players to battle on their preferred meme characters, with the potential for substantial rewards if their chosen characters win. 

Meanwhile, massive purchases have been made in the last 24 hours. One amounted to an impressive $84k, while the other was a substantial $20k. You also have the opportunity to stake your acquired MK tokens, which guarantees an impressive 178% annual percentage yield (APY). 

4 hours until the price of $MK goes up to $0.268⏰

In the meantime, take a look at these MAJOR buys that came in over the last day🤩 One was a whopping $84k and the other $20k🎉 pic.twitter.com/tsGsvuPujG

— Meme Kombat (@Meme_Kombat) December 28, 2023

Austin Hilton, an expert crypto analyst and YouTuber, recently featured the Meme Kombat project, explaining how to buy and stake your tokens for lucrative returns.

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To participate in the MK presale, visit the official Meme Kombat website, connect your Web 3 wallet, and exchange your ETH, USDT, or BNB for MK tokens there.

Buy SPONGEV2 For 100X Returns

SPONGEV2, a new ERC-20 token on Ethereum, is coming back with enhanced features utilizing a stake-to-earn strategy that commits to delivering 100X returns on investment.

Investors can buy and stake $SPONGE through the provided widget to receive an equivalent bonus in V2 tokens.

#Sponge is making a comeback, bigger and more absorbent than ever before – this time with added utility!

We’re transitioning from V1 to V2 by launching a new ERC-20 token on #Ethereum via a #Stake-To-Earn method. 🧽🧽🧽

Visit our website to learn more! 🚀#SpongeV2 #Crypto pic.twitter.com/OxPwRspYUZ

— $SPONGE (@spongeoneth) December 24, 2023

Sponge V1 achieved a market capitalization milestone of $100 million, boasting a community of more than 13,000 holders. The project also garnered the support of 30,000 social followers. It secured listings on over 10 centralized exchanges, such as LBank, Toobit, CoinW, BTCEX, Poloniex, MEXC, Gate.io, Bitget, BitKan, and BitMart.

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Additionally, Justin Sun, co-founder of Tron, also invested a whopping $43,000 worth of $SPONGE tokens after tweeting that he would invest in low-cap meme coins that have the potential to explode. His investment in SPONGE shows he has confidence in the project to do 100X again.

I’ve decided to begin actively trading meme coins and promising projects through my public address. Please note, I will personally bear all potential losses from these trades, and any profits made will be donated entirely to charity.

— H.E. Justin Sun 孙宇晨 (@justinsuntron) May 11, 2023

You can view his investment here on DeBank.

Secure Your Share Of The V2 Token Upon Its Launch

You can stake your original $SPONGE tokens in the SPONGEV2 smart contract through the token website to automatically secure your share of the V2 token upon its launch. Staking allows you to accumulate tokens with an impressive 577% annual percentage yield (APY). Upon the staking period’s completion, the SPONGEV2 tokens will be claimed through the official SPONGE website.

If you’re holding original $SPONGE tokens, you must stake them in our V2 smart contract via the website home page. 🙌

You’ll automatically secure your share of the V2 token upon launch. 🚀

GO GO GO 🧽🧽🧽🧽#Sponge #Web3 #Crypto #Alts pic.twitter.com/I6eX3nQVGN

— $SPONGE (@spongeoneth) December 23, 2023

You also have the opportunity to play-to-earn (P2E)  both for entertainment and as a premium for passive income. The paid version allows you to use $SPONGEV2 tokens to obtain additional game credits, enhancing their chances of earning more $SPONGE.

Exciting News! 🧽🚀

There will be a free and paid version of the new Sponge #P2E game.

You can play for fun on the free version, or use $SPONGEV2 tokens to purchase additional game credits and earn more $SPONGE 😎#MemeCoin #Presale #Crypto pic.twitter.com/kJsqBY3wQ3

— $SPONGE (@spongeoneth) December 27, 2023

To buy Sponge V2 tokens, connect your Web3 wallet to the official Sponge.vip website, swap your ETH or USDT for v2 tokens, or use your bank card to buy directly. 

Wall Street Memes Casino Set To Revolutionize WSM in 2024

The price of Wall Street Memes (WSM) has increased by 0.78% in the last 24 hours, reaching $0.025.

This surge is attributed to increased staking activities on the token’s official website. The project launched the Wall Street Meme casino, attracting 18,100 new players within its initial month. 

As an investor, you can be among the WSM casino players who have generated over $12 million in revenue by participating in 5,000 games. Since then, the player base has expanded, surpassing the 100,000 mark, indicating the considerable potential for growth in crypto gambling.

The WSM casino has also implemented a three-day buyback program, yielding a significant value of $1.7 million. 

Starting daily at 3 p.m., the program enables hourly buybacks of around $4,000 (equivalent to 1.84 ETH) each. The rewards from these buybacks will accumulate in the user’s reward account on the official platform. 

The daily buyback process entails the token’s creators repurchasing a predetermined quantity of WSM from the market each day. 

To buy WSM tokens, you can visit the official website here.

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• Source: https://insidebitcoins.com/news/tellor-price-prediction-trb-pumps-22-as-analysts-say-these-new-meme-coins-might-be-the-best-new-cryptocurrency-to-invest-in-2024-for-parabolic-growth-mk-sponge-wsm