Meme Ai Price Prediction: Elon Musk-Inspired MEMEAI Soars 33% as Experts Say This Presale Could Be the Next Meme Coin to Explode.
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Meme Ai price has surged 33% in the past 24 hours to trade at $0.0015 as of 10:50 AM ET, with volume plummeting 10%.
This comes as the Elon Musk-inspired token prepares for its next. third list On a centralized exchange (CEX).
Meme AI Price Prediction
Meanwhile, the token trades between 23.6% and 38.2% Fibonacci levels, with odds in favor of an uptrend. This can be seen by the fact that the Relative Strength Index (RSI) is above 50 and the Moving Average Convergence Divergence (MACD) is moving above the signal line (orange band).
Likewise, MACD remains in positive territory, as does the Awesome Oscillator (AO) indicator, while Meme AI price is finding downward support due to its 50-day simple moving average (SMA) at $0.0013.
Increasing buying pressure may push Meme Ai price northward, overcoming the immediate resistance posed by the 38.2% Fibonacci level at $0.0015. A strong move north could clear the 50% Fibonacci level at $0.0017, while a very bullish case could put it neck higher and tag the all-important 61.8% Fibonacci level at $0.0019.
If very ambitious, the Meme Ai price could rise to the point where it returns to the 78.6% Fibonacci support level as it tries to regain the all-time high of $0.0040 from January 24th.
TradingView: MEMEAI/USDT 3-hour chart
converse case
On the other hand, early profit taking may cause Meme Ai price to fall and lose the $23.6% Fibonacci support of $0.0013. A prolonged decline could cause MEMEAI to fall below its 50-day SMA of $0.0013.
Meanwhile, investor attention shifted to Sponge V2. Analysts say it is one of the best meme coins you can invest in right now because of its exponential profit potential.
A promising alternative to Meme AI
Sponge V2 is the new meme coin sensation that comes after its predecessor, Sponge V1, exploded 100x since its launch last year. Sponge V2 aims to do the same, if not more.
🚨Important Information🚨
The V1 snapshot will be taken on February 5th at 11:00 PM UTC. $sponge V1 will stop immediately.
Follow this thread to migrate your decentralized and centralized tokens to V2 before it’s too late! 👇
🧵 1/4 pic.twitter.com/qPSTIX6dNT
— $SPONGE (@spongeoneth) February 2, 2024
Sponge announced the discontinuation of Sponge V1, migrating to the SPONGE V2 Polygon version of the digital asset. Recent malicious attacks on liquidity pools have accelerated this movement.
To prevent future attacks, the network has moved all $SPONGE V1 holders to the Polygon network for better security, efficiency, speed, and affordability.
Important notice! ⏰
Request the exchange to suspend trading $sponge V1 will be released on February 5th at 11:00 PM (UTC).
We withdraw tokens from a centralized exchange to all holders and #sponge website as soon as possible.#memecoin #how pic.twitter.com/1L8bwZcJfu
— $SPONGE (@spongeoneth) February 2, 2024
The Sponge V2 project also includes a staking feature, boasting over 7.396 billion staked tokens to date. Stakers enjoy an annualized return of 218%.
Analysts have ranked Sponge V2 as one of the top five cryptocurrencies to invest in right now. So, if you buy and stake $SPONGE today, you can set up a cryptocurrency portfolio that will give you 100x profits.
Also read:
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