“Cat in a Dog World Price Prediction: MEW Plunges 23% as Solana Competitor Emerges, Offering Last Chance to Buy”

Cats in Dogs World price plummeted 23% in the last 24 hours to trade at $0.002963 per share despite it gaining a listing on Bitpanda. Get ready, $MEW is now live via #BitpandaSpotlight! @MewsWorld is a new crypto project on Solana that aims to challenge the dominance of dog-themed memecoins. Learn more: https://t.co/azG1X3r1qIAre you a VIP member of $BEST and subscribed to #MEW during the countdown? Great, you will get… pic.twitter.com/WFFP6EElpt — Bitpanda (@Bitpanda_global) April 12, 2024
Cats in Dogs World Price Prediction: Where will MEW go from here? Analyzing the chart of MEW, we notice a head and shoulders pattern with three vertices (Vertex 1, Vertex 2, and Vertex 3) marked on the chart. The head and shoulders pattern indicates a bearish reversal pattern after an uptrend, which explains the current downtrend in the price of Cats in Dogs World. Looking at other indicators, the relative strength index (RSI) shows about 33.26 and has now moved out of the oversold territory (usually considered below 30). This could indicate that the asset is starting to see some buying pressure. On the other hand, the moving average convergence divergence (MACD) is below the signal line (orange), and both are below the zero line. This is considered a bearish signal. The histogram is also red and below the zero line, further confirming the bearish momentum. However, the MACD line is close to crossing above the signal line and the histogram is also heading towards the green zone, which suggests that the bearishness in the market may be fading. Overall, the head and shoulders pattern clarifies the previous reversal trend from bullish to bearish. However, as suggested by the RSI and MACD, the memecoin could be experiencing a period of price recovery as some buying pressure is building.
Meanwhile, with the cat-in-dog world price correction, the Slothana (SLOTH) presale is emerging as another promising option for memecoin enthusiasts.
Slothana: A Promising Alternative to MEW? The protagonist of this new project is a lazy office sloth who quits his job and dreams of reaching a market cap of $420 million. So far, things have been going well, with funds raised from the presale exceeding $10 million in less than two weeks, prompting the developers to offer a last chance to buy. Slothana is a new "Send SOL" type of presale, where investors send SOL to an address. There are no timers, phases, hard caps, white papers, or other project details. One SOL can purchase 10,000 SLOTH tokens, which will be airdropped to purchasers at the end of the presale. The project has not yet announced when the presale will end and when its token may be listed for the first time. What is known, however, is that Slothana will seek to be listed on both decentralized exchanges and centralized exchanges, which is determined by the community through voting on X.
The problem with this type of presale is that you never know when it will end. Therefore, for memecoin enthusiasts who might be interested in the potential of this slot, SLOTH, now is the best time to buy so as to avoid the presale ending later. Please visit the official website to purchase SLOTH here.
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