Meme AI Price Prediction: MEMEAI Soars 26% as Traders Send $8 Million SOL to New Crypto Meme Coin Slotthana.

adminApril 5, 2024

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Meme AI price has surged 26% in the last 24 hours, trading at $0.005467 as of 1:44 AM ET on volume surging 895%.

This comes as some AI cryptocurrencies have rebounded due to the strength of Bitcoin (BTC) price. The community of the MEMEAI project continues to grow and has over 5K followers on X.

Meme AI Price Prediction

From a technical perspective, bears are still dominant as the price of Meme AI is likely to fall before recovering. In particular, this recovery depends on the lower boundary of the wedge being held as support to prevent Meme AI price from rolling over to the low range of $0.000690.

Several technical indicators support further declines, starting with the Relative Strength Index (RSI), which remains below its average level of ’50’. The Awesome Oscillator (AO) and Moving Average Convergence Divergence (MACD) are both in negative territory, supporting the downtrend.

meme kid

TradingView: MEMEAI/USDT 1-day chart

converse case

On the other hand, if the bulls recover the market, Meme AI price could be pushed north to break resistance due to the downtrend line. However, for the bearish thesis to be invalidated, Meme AI price would need to close the candlestick above $0.020453 on the daily time frame. This will encourage more entries, and the resulting buying pressure is likely to cause Meme AI price to recover the psychological level of $0.040000.

Analysts have observed that despite the strength of the Bitcoin price, which has fueled bullish sentiment across the industry, the market is still shaky, calling for caution.

Good morning!! The market looks very unstable.
No transactions at this time.
First, I want to see a clear direction.
— Kyle Chasse (@kyle_chasse) April 5, 2024

The general consensus is that if the Bitcoin price falls below $65,000, it may continue to decline to provide another buying opportunity in the $58,000-$55,000 range. The repercussions of this crash could have two implications.

First, capital circulation could cause altcoins to soar, or it could lead to the collapse of entire asset classes amid heightened market risk.

This explains why investors are already seeing SLOTH as a buffer against a possible market downturn. The Solana meme coin is hot right now, and Slothana itself is super hot after raising over $8 million in less than two weeks.

A promising alternative to Meme AI

Traders are pouring millions of dollars into SLOTH, which powers the Slotthana ecosystem. We’re trying to recapture some of the early potential of fun tokens established on the network, like Slerf, DogWifHat, and Bonk.

Like its peers, Slotthana experienced explosive growth upon launch, raising more than $600,000 within a day of its announcement.

⏰ Are you tired of 9-5? Same goes for Slotthana!🦥Our office sloths are ready to ditch the daily grind and embrace the world of cryptocurrency trading. No more herbs, just increase your profits! Send us your SOL to help our sloths grow from 420 couch surfers to $420 million in cryptocurrency! #slodana #memecoin
— Slothana (@SlothanaCoin) March 25, 2024

Rumors abound on Meme Coin watch channels that Slotthana is from the team that launched Smog (SMOG). After listing, Smog rose more than 30-fold for many early investors.

Just a few days after launching ‘send SOL’ style pre-sales, SLOTH sales have already surpassed $8 million, and that figure is growing by the minute. This project, like the new “Send SOL” presale, has no timers, steps, or hard caps.

❤️🦥 Wow! Sloth’s jaw is dropping at the overflow of SOL from our supporters! 😱 There are so many lazy legends out there! Let’s take Slotana to the moon! 🚀 Remember. You can only send from an on-chain wallet. Sloth cannot be airdropped on exchanges!💸🙅‍♂️ #slodana #memecoin #lazylegend
— Slothana (@SlothanaCoin) March 28, 2024

Go to the official official website to check out the project. There is also a handy widget that allows you to connect Phantom or other self-custodial wallets to allow SOL swaps.

One SOL buys 10,000 $SLOTH. That means the price of each token is roughly $0.017502 at the time of this writing, but will likely rise as the pre-sale progresses.

🚀 Exciting news, lazy sloths! The ‘Lazy Sloth Buy Widget’ is now live on the Slotthana site! 🦥 There are no more excuses. Even the laziest person can now easily send SOL. Say ‘no’ to the dirty sloth and ‘yes’ to cryptocurrency Chad Rambo time!💸 #slodana #LazyCryptocurrency #memecoin
— Slothana (@SlothanaCoin) March 27, 2024

Visit Slothana here to purchase.