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Biaoqing price plummeted by 25% in the past 24 hours and is currently trading at $0.03114. At 01:24 AM EST, the trading volume dropped by 43%.
Despite the sharp drop in BIAO price, the coin gained 416% in the past week.
As the overall positive outlook remains, traders remain optimistic about Biaoqing prices, anticipating an upward breakout.
Biaoqing is promoted as the most famous panda emoji in the world and the true OG of Chinese emojis. Its community promotes it as China's PEPE, ready to conquer the Ethereum blockchain. From this, some speculate that Asian traders may be driving the price upwards.
Let's just say that for now.
If the Chinese were to pick a meme coin to hype, it would be $BIAO. All these other Chinese derivative memes are pretty offensive and doomed to go to zero. Pick an original meme. $BIAO's market cap is reality.
Biaoqing Price Prediction
Biaoqing price erased some of its gains after being rejected from the $0.04499 resistance level following a mid-month rally. The fate of BIAO holders remains undecided, and the tug-of-war between bulls and bears continues.
As the overall positive outlook continues, the upside potential for Biaoqing prices remains. The relative strength index (RSI) is above the 50 average, supporting this view. The moving average convergence divergence (MACD) is above the orange band of the signal line and in the positive zone, further strengthening this view.
Therefore, it would not be surprising if Biaoqing price continues to rise and completely converts the $0.03335 resistance into support. While a steady break above the ascending parallel channel centerline would be ideal, only a firm candle close at $0.04499 would allow Biaoqing price to break free.
On the other hand, BIAO holders should be concerned as the relative strength index (RSI) makes a low. Meanwhile, there is also an upcoming sell signal as the MACD crosses the orange band of the signal line.
Meanwhile, the volume chart shows a decreasing node, suggesting that the sentiment is leaning towards the bearish market. The increased seller momentum leads the Biao price to break through the $0.02575 level, which will trigger more sell orders. In an extreme case, the bullish view will be negated if the BIAO price drops below $0.00976.
Meanwhile, experts say rival meme coin WienerAI (WAI) could break out after its launch, with its presale raising $6 million. Crypto YouTuber Jon Trading named it one of the best AI crypto memes to watch in 2024.
A promising alternative to Biaoqing
WAI is the token of the WienerAI ecosystem. It is a hybrid token that uses its AI capabilities to replicate the success seen by other doggie emoji coins such as DOGE and SHIB. The project offers a unique hybrid experience of animal emojis, advanced AI technology, and some processed meat humor.
WienerAI has a huge following and has raised $5.88 million.
WienerAI has also integrated trading bots into its platform. This feature provides user-friendly AI-enhanced trading, seamless exchange capabilities, and zero commissions.
WienerAI's token economics is designed to promote long-term sustainability and growth. The team has used 20% of tokens for staking rewards, and users can earn up to 193% of annualized returns by staking $WAI.
Each WAI token is currently priced at $0.000719. Interested investors should buy it as soon as possible, as the price will rise in a little over a day.
Buy WienerAI
Use ETH, USDT or bank card.
See also:
How is WienerAI different from Floki Inu? Learn more about the difference between emoji coins
WienerAI brings a new hotdog-dog-AI hybrid experience to the crowded emoji coin space
WienerAI Price Prediction - $WAI Price Potential in 2024 and Beyond
Are Crypto Presales Worth It? The Pros and Cons You Need to Know
PlayDoge (PLAY) - The latest ICO on the BNB chain
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SolidProof Audit - playdoge.io
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