Wormhole’s Wild Ride: Gov’t Data Meets Blockchain Chaos! 🚀

Ah, Wormhole-a name that conjures images of cosmic tunnels and, apparently, astronomical price hikes. 🪐 The token surged a whopping 32% after the U.S. Department of Commerce decided to dabble in blockchain, publishing economic data on-chain via the Pyth Network. Wormhole, ever the diligent courier, is powering this multichain extravaganza. Who knew bureaucrats could be so cutting-edge?

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The relative strength index at 62 remains neutral, leaving room for further gains without hitting overbought conditions. Because who doesn’t love a good neutral zone? 🤔

A breakout toward the psychological $0.12 resistance is feasible if W consolidates above $0.095, with $0.15 as the next target. Alternatively, a retracement toward $0.08 could occur if current levels aren’t maintained-because, in crypto, what goes up must come down. 📉

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2025-08-29 10:35