Slerf Price Prediction: SLERF Soars 47% As Traders Rush To Buy This Solana Rival Before Time Runs Out.

adminApril 16, 2024

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The price of Slerf has surged 47% in the past 24 hours, trading at $0.4116 as of 6:47 AM ET, with volume surging 21%.

This comes as the price of Bitcoin (BTC) takes its cue from the market’s recovery following the weekend cryptocurrency crash.

The market remains highly volatile, with Bitcoin price struggling to break the $67,000 mark. Despite this market volatility, coins like SLERF, MEW, TON, and PENDLE are showing the best gains.

🔥Overview of highest potential coins
📈In market volatility #altcoin good night $MEW, $SLERF, $TONand $PENDLE The market bounced back quickly after the decline.
Which zen dip did you purchase?
Trade now: https://t.co/fPWoHaRdFY pic.twitter.com/steYias4Qm
— Gate.io (@gate_io) April 15, 2024

The DEX screener also identified Slerf among the best meme coins by volume metrics.

Top 10 Solana memecoins by trading volume in DEX Screener:
Dog We Fat – $WIF
Slough – $SLERF
Jeo Boden – $boden
Cubs – $pups
Cats in a dog world – $MEW
Book of Memes – $TREES
We are fools – $WAR
Dog We Fat – $WIF
Norman – $Norm
Einstein’s Peace and Love – #Einstein
Coin of Peace -… pic.twitter.com/ZzprCpzfSl
— Solana Post (@SolanaNewsPost) April 14, 2024

Slerf price outlook as cryptocurrency market strengthens

Slerf price is attempting to recover as it faces resistance due to the upper boundary of a descending parallel channel. This level is important as it coincides with the 23.6% Fibonacci retracement level of $0.4459.

If the bulls can push Slerf price above this hurdle, it could calm the current market skepticism and attract more buyers. The ensuing buyer momentum can be expected to push Slerf price to overcome the 38.2% Fibonacci retracement level of $0.5863. However, to confirm the continuation of the uptrend, Slerf price must record a candlestick close above the 50% Fibonacci placeholder of $0.6999.

If we are very bullish, we could see Slerf price overtaking the most important Fibonacci retracement level of $0.8134 by estimating profits. A candlestick above this level on the daily time frame will solidify the uptrend and push Slerf price towards the high of the $1.6000 range.

sleph sleph

TradingView: SLERF/USDT 1-day chart

On the other hand, considering that the relative strength index (RSI) has sunk below the average of 50, the buying trend is still insufficient to drive the upward trend. This position is strengthened by the position of Moving Average Convergence Divergence (MACD), which is stuck in negative territory.

Therefore, unless the broader market shows strength, Slerf price risks a retreat to the bottom of the market range at $0.2189. A drop below this level will result in a lower low and invalidate the bullish argument.

Meanwhile, investors looking for a Slerf successor might consider SLOTH. The pre-sale has been extended by 14 days, giving investors one last chance to buy after raising $10 million in less than two weeks.

A promising alternative to Slerf

SLOTH is a powerful cryptocurrency for the Slotthana ecosystem, a new project on the Solana blockchain with 420-friendly SLOTH aiming to achieve a market capitalization of $420 million.

This is a new “Send SOL” type of presale with no timers, stages or hard caps, highlighting the current era’s preference for projects driven almost entirely by community support and hype.

This is different from the earlier wave of meme coins, which sometimes attempted to differentiate or provide utility through novel features.

You often make purchases by sending SOL to a specific address, but here on the Slotthana website we also have a handy widget that allows you to swap SOL by connecting Phantom or other self-custodial wallets.

After purchasing tokens, they will be airdropped after the pre-sale ends.

🚀 Exciting news for the lazy sloth community! Our airdrop is getting ready to launch. This means the pre-sale will be wrapping up soon. ⏳ With Solana congestion expected to end within a few days, it’s time to join the sacred Slotana army! #SlothanaAirdrop #PresaleEnding
— Slothana (@SlothanaCoin) April 12, 2024

To receive the airdrop, investors must send $SLOTH tokens from a personal wallet and not a centralized exchange like Binance or Coinbase.

As the Project

🚀 Faithful Slotthana, hold on to the branches! 🙂 We’re getting ready to share some major news. The official release date is coming soon! ⏰ A countdown timer will be hitting the site soon, so mark your calendars and get ready to set your alarm. Get the hype for Slotthana…
— Slothana (@SlothanaCoin) April 14, 2024

SLOTH strives to outperform its industry peers.

Experts are optimistic about Slothana. Popular YouTuber Crypto Gains believes Slotthana could potentially generate up to 100x returns, and cryptocurrency analyst Jacob Bury shares the same view.

There is also speculation that Slothana is the brainchild of the team that developed the Smog meme coin, which has over 75x its value and generated huge returns for early investors.

If history repeats itself or rhymes, Slotthana could follow in the footsteps of other Solana-based meme coin success stories like Smog and Dogwifhat (WIF) and Bonk (BONK).

Visit Slothana here to purchase. One SOL buys 10,000 $SLOTH. This means that the approximate price of each token at the time of writing is $0.015394.