Meme Ai price has increased by 33% in the past 24 hours and is trading at $0.0015 per coin as of 10:50 AM EST. Trading volume has dropped by 10%. This is due to the fact that the token is preparing for its third listing on a centralized exchange (CEX) inspired by Elon Musk.
Meme Ai Price Prediction
Meanwhile, the coin is trading between the Fibonacci levels of 23.6% and 38.2%, with a bullish bias. This can be seen from the relative strength index (RSI) exceeding 50 and the rising moving average convergence divergence (MACD) line (orange area).
Likewise, the MACD remains in the positive territory and like the Amazing Oscillator (AO) indicator, the Meme AI price is enjoying downside support due to the 50-day Simple Moving Average (SMA) at $0.0013.
If buying increases, Meme Ai price has the potential to rise and break above the immediate resistance at the 38.2% Fib level at $0.0015. In the event of a sharp rise, it has the potential to clear the 50% Fib level at $0.0017 or, in a highly bullish scenario, rise further to the all-important 61.8% Fib level at $0.0019.
In a very ambitious scenario, these gains could allow Meme Ai price to rise to flip the 78.6% Fibonacci level as support and recapture the January 24 record high of $0.0040.
The opposite scenario is that early profit booking could cause the Meme Ai price to fall and lose the support of the 23.6% Fibonacci level of $0.0013. If the decline is further, MEME Ai may fall below the 50-day simple moving average of $0.0013.
Meanwhile, investors’ attention has turned to Sponge V2, with analysts saying it is one of the best memecoins out there due to its huge potential.
Sponge V2 is a new memecoin that follows the 100x growth of its predecessor Sponge V1 after it went public last year. Sponge V2 aims to achieve the same or even greater growth.
Sponge announced that it will stop using Sponge V1 and migrate to the SPONGE V2 Polygon version of digital assets. This move was accelerated by the recent malicious attack on its liquidity pool.
To prevent future attacks, the network will migrate every $SPONGE V1 holder to the Polygon Network for better security, efficiency, speed, and affordability.
The Sponge V2 project also has a staking function, with 7.396 billion tokens pledged so far. Stakeholders can enjoy an annualized rate of return of 218%.
Analysts have ranked Sponge V2 as one of the top five cryptocurrencies to invest in right now. Therefore, buying and staking $SPONGE today could potentially earn you 100x returns on your crypto portfolio.
Also read:
How to buy Sponge V2 during presale – Alessandro De Crypto video review
100x meme coin Sponge is preparing to launch V2. Is $SPONGEV2 the best cryptocurrency now?
Can Sponge V2 experience a 100x surge like Sponge V1 when it goes on sale in 2024? Conor Kenny Pre-sale Comment
$SPONGE cryptocurrency price surge sparks speculation of 100x potential for SPONGE V2 memecoin
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