FWEN Token Shoots Up 1,000% Overnight and New Bitcoin Project Goes Viral For Makes Mining Simple – 100x Potential?

cryptonews.com:

In the latest surge on-chain FWEN has surged +1,000% - as market interest gravitates to the Friend-Tech linked, BASE-launched, airdrop token. 

With the ongoing FWEN airdrop seemingly distributing supply in 10% increments, excitement is growing ahead of a posited next-round of the airdrop today for Friend Tech users.

And this comes ahead of a highly-anticipated bridge launch; which will see FWEN's offering expand to ETH-BASE token bridging.

Amid the dramatic upside move FWEN has undertaken an impressive consolidation, with the well-defended display by bulls leaving FWEN currently trading at a market price of $0.0₅1961 (representing a 24-hour change of +947%).

This comes following an explosive token launch on October 1, which saw price action shoot-up +2,055% from launch price in just 5-hours, to hit an all-time high at $0.0₅4300.

In the hours since, FWEN price action has entered localized retracement as early-backers take profit, however, solid support established at $0.0₅1760 has set the footing for rally structure to resume as traction continues to grow.

This growth in interest is showcased by the strong buy pressure underpinning on-going price action, with buys comprising 62% of transactions.

And this has unlocked sensational volume - with more than $5.18m in trading volume over the past 24-hours fuelling a $1.48m market cap.

Overall, with an unbreakable support level at $0.0₅1760 - established across 12-hours of consolidation - price action is now poised to push-up higher as Monday markets undertake an impressive open.

On the short-time frame (next 6-hours) this leaves an upside target at $0.0₅3240 (a potential +65% move from here).

While to the downside, risk seems limited here by lower support at $0.0₅1760 (a limited -10.36%