Justin Sun’s $37.3 Million Bet on Eigen: Why It’s Important!
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- Justin Sun deposits $37.3 million in EIGEN, signaling confidence in its future.
- EIGEN’s price has increased by 11.69% in the last 24 hours.
EIGEN has seen impressive market activity recently, with its price increasing by 11.69% in the last 24 hours to reach $5.23.
The cryptocurrency experienced volatility, ranging from a low of $4.69 to a high of $5.23 during this period.
Despite these fluctuations, EIGEN’s market capitalization was approximately $1.08 billion at press time – an increase of 6.72%, reinforcing its appeal to investors.
In fact, EIGEN reached an all-time high of $5.38 just four days prior on December 12, 2024.
Head and shoulders patterns indicate EIGEN’s potential for sustained growth.
The neckline of this pattern was near the $5 mark; a price rise above the resistance level at around $5.38 could lead to potential gains up to about $7 – representing a projected increase of roughly 37% from current prices.
A solid support zone around the neckline at approximately$4.77 provided stability within the market context./pon y->/I- --n--... ... Please note that I've made changes only to sections intended for front-end rendering while leaving images and HTML tags unchanged as per your instructions for clarity and conciseness in presentation.
