The Panda Exchange price has skyrocketed by 95% in the past 24 hours and is currently trading at $0.0238 as of 04:12 am EST.
The token’s price surged after it was confirmed that PANDA would be listed on the BitMart exchange on April 3.
Release date confirmed!
We will be listed on BitMart exchange this Wednesday!
This will open the door to 2.2 million new users worldwide.
Everyone is paying attention to Panda Swap!
We are still warming up
#RAYDIUMKILLER
https://t.co/hqSzmWbqrE
— Panda Swap (@PandaSwapSol)
April 1, 2024
Amid this development, traders bought PANDA in a typical FOMO frenzy that often leads to crashes.
Pandas are just starting to climb the list of top gainers!
We are also trending up on CoinMarketCap
FOMO is real! We are @RaydiumProtocol killers
Solana Needs Panda Exchange
pic.twitter.com/fqz9dv5JDe
— Panda Swap (@PandaSwapSol)
April 1, 2024
After BitMart’s listing, there are more plans, with the network hinting that more centralized exchanges (CEX) will be listed soon.
@BitMartExchange
Listings Coming Soon + More Large CEX Listings!
$PANDA
We are not going to take things slow, many exchanges have contacted us, and the third - fourth CEX listing is already in preparation!
Let's keep working on it
#PandaArmy
— Panda Swap (@PandaSwapSol)
March 31, 2024
In terms of PANDA’s price outlook, it has started to recover after recording a range high of $0.0400. With lower timeframes showing more activity, the upside potential for PANDA’s price remains.
However, before PANDA becomes attractive to buy, it must pullback, possibly back to the $0.0167 support level. This will be a good buying opportunity for PANDA bulls. In extreme cases, this altcoin could fall further to the market bottom at the $0.0100 psychological level.
Technical indicators point to a short-term correction, starting with the red histogram of the Awesome Oscillator (AO). The relative strength index (RSI) is also moving horizontally and biased to the south, indicating downward momentum. The volume indicator is also decreasing, pointing to a short-term bearish trend.
TradingView: PANDA/USDT 2-hour chart
On the other hand, since the RSI still remains above the 50 threshold and the AO is in the positive zone, an uptrend may also be imminent. If the bulls emerge, this altcoin may continue to climb above the 50% Fibonacci level of $0.0250.
Flipping this barrier into support will encourage more buy orders, setting the stage for the Panda Exchange price to break the $0.0328 resistance level.
In a highly bullish scenario, gains could extend to take the price back towards the psychological level of $0.0400. Such a move would take the price up by nearly $80%.
As Panda Exchange price faces a decision, consider diversifying into SLOTH, a new Solana memecoin public sale that has raised over $5.8 million in just over a week.
As a promising alternative to pandas swap
SLOTH
It is the native cryptocurrency of the Slothana ecosystem. Many believe it will become the next Solana meme coin to go viral after $SLERF and $BOME.
Solana memecoin is the star of the new crypto bull run. $SLOTH is riding the storm of this surge in profits, just like SLERF is with two ecosystems that are launching Solana memecoin in a new way.
⏰ Tired of the 9-to-5? So is Slothana! Our Slothana is ready to break away from the day job and embrace the world of crypto trading. No more weed addiction, just profit! Send SOL to help our Slothana climb from the couch at 420 to a $420 million crypto expert!
#slothana
#memecoin
— Slothana (@SlothanaCoin)
March 25, 2024
During the public sale phase, the project has achieved sales of over US$5.8 million in just over a week.
You can buy 10,000 SLOTH tokens for 1 SOL, which is about $0.01816 per SLOTH (1 SOL = $181.55). The price will increase as the public sale progresses.
Since there are no price stages or timers, the Slothana public sale could end at any time, so if you’re interested, buy now before it’s too late.
Visit here to purchase SLOTH.
Also read:
How to Buy Slothana - SLOTH Public Sale Review
Investor Sends 1.5 Million Solana to New Meme Coin Slothana
Slothana Price Prediction – SLOTH Price Analysis 2024
Slothana Crypto ICO Trending on Twitter, Next Solana Meme Coin After $SLERF and $BOME?
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