Is it too late to buy a turbo? TURBO surges 47% as experts say Solana Meme coin Sealana will explode.
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Turbo’s price has surged 47% in the past 24 hours, trading at $0.0066113 as of 4 a.m. EST, with volume surging 14% to $239.4 million.
Turbo has seen a huge increase over the past day, but it’s still minimal compared to the 392% surge over the past seven days. The surge in projects comes shortly after Turbo announced its listing on the Cryptology Exchange. It also attracted attention as it was the first AI-generated meme coin that allowed other artists to express their creativity using AI.
📢 $turbo Currently listed @CryptologyCEX!
Welcome to Turbo Farm @CryptologyCEX 🐸🔥🚀 https://t.co/joZUx3xxDM
— Turbo 🐸 (@TurboToadToken) May 21, 2024
The project began to accelerate rapidly around May 23, with community members reporting a surge in activity. It announced its goal of earning a spot among the top ten meme coins and hinted at the full scope of development expected to take place over the next three weeks.
Along the way, the project also announced the TURBO pair to be available live on KoinBX, one of India’s largest cryptocurrency exchanges.
🚀 $turbo The pair has been launched on KoinBX, one of the largest cryptocurrency exchanges in India!
Registered with FIU and fully compliant with Indian regulations, KoinBX opens up a huge market. $turbo.
Also ranked among the top 100 exchanges on CoinMarketCap! 🌟 #Cryptocurrency #Turbo #CoinBX #Cryptocurrency list… pic.twitter.com/VcTFw78VSg
— Turbo 🐸 (@TurboToadToken) May 25, 2024
turbo price prediction
The price of Turbo has surged over the past five days, rising from $0.001516 on May 22 to its current all-time high of $0.006113 (where the token is at the time of this writing). As can be seen in the chart, the token reached almost $0.0070 before experiencing a slight correction just a few hours ago.
If we look at the Relative Strength Index, we can see a sharp decline here as well, reflecting the fall in prices. This means that the price started to correct after traders started taking profits. As traders quickly began buying TURBO, RSI surged deep into overbought territory, which also caused the value of TURBO to surge.
However, as RSI rose above 80, traders began selling, probably out of FOMO, and prices began to correct somewhat.
The project’s Bollinger Bands remain extremely wide, a sign that traders have not yet lost faith in the project’s potential for further growth. However, many may engage in selling right now, which could soon lead to a larger correction.
In terms of price, TURBO could go as low as $0.0055, and if the correction is severe enough, it could go as low as $0.0045. However, it is likely that traders will buy the dip long before TURBO corrects to lower levels, meaning the pump could continue even after it stops briefly.
For now, it all depends on what traders will do next, so the best thing to do is monitor the markets closely and try to react as things unfold.
A promising alternative to turbos
Turbo is currently the star of the meme coin space, but anyone who has been in the industry for a long time knows that the cryptocurrency industry is constantly changing. If so, it’s only a matter of time before a new project with much greater potential surpasses it. Some experts believe that Sealana, a Solana-based meme coin, has such potential.
Sealana is a very popular seal-based meme coin. Many see this as one of the latest examples of a “true” meme coin. Because this coin does not promise any utility or big returns. Instead, there are just memes to keep your portfolio fun and varied.
It “depicts a conch or a plump seal diving deep into the sea. Sealana, who whales on PC and grows by the day, has become so enamored with Degen Market that she has abandoned the glamor of her youth for a diet of vendor’s chips and canned tuna.” The project partly criticizes the obsession with finding the white whale among meme coins, pointing out how obsessive and unhealthy it can be.
At the same time, it shows that they understand people seeking new opportunities, and that this understanding is what drives many investors here.
Everyone, listen carefully!📢
when #Sealand He said “Make America Great Again,” which meant we should finish building that damn wall! 🧱🇺🇸
Create a land where all Americans prosper $SEALS You can shoot🔫, drink🛻, and leave the trailer park!🏚️🚀
join #TicketingA bag… pic.twitter.com/GldZlorvvB— Sealana (@Sealana_Token) May 17, 2024
Sealana had millions of dollars in pre-sales a few weeks ago and is currently approaching $3 million, raised at $2.92 million at the time of this writing. The token, SEAL, sells for $0.022 and can be purchased with cards, ETH, USDT, BNB or SOL.
Experts are very optimistic about the project, so even if you doubt their predictions that it will do well after launch, it’s definitely worth considering adding to your portfolio because there will be demand.
Visit the SEAL official website.
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