Why Is Marlin (POND) Price Surging? Analyst Reveals His Bullish Price Target 

Marlin’s POND has been bullish, with its price up 20% over the past 24 hours. The price is also over 40% up in the past 1 week. It has had a 19% increase in market cap and a close to 400% spike in 24 hour trading volume.

The fundamentals are part of the reason behind the increasing token price. Specifically, Marlin is an open protocol that provides high-performance infrastructure for DeFi and Web 3.0. Metanodes in the network operate the MarlinVM, which enables developers to deploy overlays and edge computing.

Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!🤫

The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices!

Show more +

Bullish Technical Analysis

According to @WorldOfCharts1, Marlin’s price is moving as expected, already delivering 180% profit so far. Meanwhile, @HenryTraders notes that POND has broken a key trendline in the 3D timeframe. After successfully retesting this breakout, Henry expects a 105-330% bull rally from $0.02 to $0.05.

The fundamentals of the Marlin network coupled with bullish technical analysis signals seem to be driving the recent POND price surge. POND is up over 40% in the past week, with a nearly 20% increase in market cap and 400% spike in 24 hour trading volume. With analysts targeting $0.05, there may be more upside ahead if current momentum continues.

You may also be interested in:

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

CaptainAltcoin
Logo