HomeNFT'sMeme AI Price Forecast: MEMEAI Jumps 26% As Traders Transfer $8 Million...

Meme AI Price Forecast: MEMEAI Jumps 26% As Traders Transfer $8 Million In SOL To New Crypto Meme Coin Slothana

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The Meme AI price soared 26% in the past 24 hours to trade for $0.005467 as of 01:44 a.m. EST time on trading volume that skyrocketed 895%.

It comes following a show of strength in the Bitcoin (BTC) price, which caused some AI crypto coins to rally. The MEMEAI project’s community continues to grow, recording upwards of 5K followers on X.

Meme AI Price Prediction

From a technical standpoint, the odds still favor the downside, with the Meme AI price likely to drop before a recovery. Notably, this recovery is contingent on the lower boundary of the wedge holding as support, lest the Meme AI price could roll over to the range low at $0.000690.

Multiple technical indicators support a further downside, starting with the Relative Strength Index (RSI) that remains subdued below the ‘50’ mean level. Both the Awesome Oscillator (AO) and the Moving Average Convergence Divergence (MACD) are also in negative territory, reinforcing the bearish thesis.

Meme Ai

TradingView: MEMEAI/USDT 1-day chart

Converse Case

On the other hand, if the bulls recover the market, the Meme AI price could push north to shatter resistance due to the descending trendline. For the bearish thesis to be invalidated, however, the Meme AI price must record a candlestick close above $0.020453 on the daily timeframe. This would encourage more entries, with the ensuing buying pressure likely to send the Meme AI price to reclaim its $0.040000 psychological level.

Analysts have observed that despite the show of strength with the Bitcoin price, which inspired a spout of bullishness across the industry, the market remains shaky, which is cause for caution.

The general opinion is that if the Bitcoin price loses $65,000, it could trickle all the way down to provide another buying opportunity around the $58,000 to $55,000 range. The reverberations of this crash could have two implications.

First, it could cause a surge in altcoins because of capital rotation, or cause a crash in the entire asset class amid elevated risk in the market.

This explains why investors are already looking at SLOTH as a buffer against a possible market downturn. Solana meme coins are hot now, and Slothana itself is red hot after raising more than $8 million in less than two weeks.

Promising Alternative To Meme AI

Traders are pouring millions into SLOTH, which powers the Slothana ecosystem. It is trying and retake some of that early potential of the network’s established funny tokens like Slerf, DogWifHat, and Bonk.

Like its peers, Slothana exploded at launch, raising over $600k within a day of its announcement.

Meme coin-watching channels are rife with rumors that Slothana is from the same team that launched Smog (SMOG). Smog rallied more than 30x for many early investors after listing.

Only days after launching a ‘send SOL’ style presale, SLOTH sales have already gone past $8 million, and that figure is swelling by the minute. The project has no timer, stages or hard cap, like all the new ”send SOL” presales.

Head to the official official website to check out the project, where there’s also a handy widget that accepts SOL swaps by connecting your Phantom or other self-custody wallet.

One SOL buys 10,000 $SLOTH, which means each token has an approximate price of $0.017502 at the time of writing, although this will rise as the presale progresses.

Visit and buy Slothana here.

Also Read:

Smog (SMOG) – Meme Coin With Rewards

Smog tokenSmog token
  • Airdrop Season One Live Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards – 42% APY
  • 10% OTC Discount – smogtoken.com

Smog tokenSmog token


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