Roaring Kitty’s price has plunged 49% in the past 24 hours, trading at $0.01073, with trading volume falling to $15 million.
This KITTY price crash comes after Keith Gill, known on social media as Roaring Kitty, first posted it on X on May 13, 2024. Gill is the figure behind the 2021 GameStop stock incident.
The plunge in KITTY prices comes despite a surge in the cat coin space, with Dogecoin, Shiba Inu, Dogwifhat, and Bonk all seeing strong gains.
The price of Roaring Kitty has skyrocketed, but has also since corrected sharply. The question investors and traders are now asking is where will it go?
According to the project’s charts and technical indicators, KITTY may have hit a bottom at $0.010, with minor current fluctuations above this support level.
However, indicators such as the Bollinger Bands suggest that this may not be the bottom. Currently, the distance between the Bollinger Bands is very close, and there has been a huge reduction in the past two days, which is a sign of a bear market. The closer the upper and lower prices are, the greater the possibility that the price will fall further.
On the other hand, the project’s relative strength index (RSI) suddenly rose to the overbought zone a few hours ago and then fell back to the neutral zone, which shows that traders saw an opportunity to briefly push the coin up and then they started taking profits.
At this point, KITTY has reached a fragile plateau, but it could easily go in any direction. With the RSI in neutral and the Bollinger Bands in bear territory, the overall sentiment remains bearish.
However, if the market remains bullish in the near future, Roaring Kitty still has the potential to turn things around, which is why traders must remain cautious but still keep a close eye on this coin.
As a promising alternative to Roaring Kitty, although not a cat coin, the dog-themed cryptocurrency Dogeverse (DOGEVERSE) may be the best option at the moment.
Dogeverse was one of the most successful presales this year, raising $15 million to date. The project’s developers are now offering investors a last chance to buy in before it goes public.
Once listed, the token will be launched on six different blockchains, allowing investors to claim their tokens on any of these chains: Ethereum, Polygon, Base, Solana, BNB Chain, or Avalanche.
The token, which has established a presence on all of these blockchains, will be the first multi-chain memecoin, enabling great accessibility and ease of inter-chain fund transfers. It will also be a decentralized alternative to stablecoins, the only other cryptocurrency with such multi-chain access.
The DOGEVERSE token is priced at $0.00031 and can be purchased with ETH, USDT, BNB, MATIC, AVAX, BASE, or SOL. Alternatively, for those who wish to use fiat currency, credit and debit cards are also available.
Click here to buy DOGEVERSE tokens before they are released soon.
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