The meme token’s movements have pushed its market cap back to $20 billion, as the wider crypto market enjoys a 2% gain amid ongoing ETF-related growth and bullishnesses.

SHIB has now gained by 26% in a week and by 267% in the last 30 days, with the meme token also up by 240% in a year.

And with the market likely to continue rising at least until the next Bitcoin halving (happening next month), SHIB could easily reach new peaks in the near future.

Shiba Inu Price Prediction as SHIB Reaches $20 Billion Market Cap – $10 SHIB Possible?

SHIB’s chart continues to signal plenty of momentum, momentum which isn’t likely to decline in the very near future.

For example, despite surging beyond 90 a week ago, the coin’s relative strength index (purple) remains above 75, a clear sign that buying pressure remains solid.

SHIB’s 30-day average (yellow) is also very bullish right now, given that it continues to rise rapidly beyond its 200-day (blue), another indicator that it remains within an expansionary phase.

And because the market had neglected and oversold SHIB for so long, it can stand to continue rising for the next few weeks or months, without fearing of becoming too overbought.

Its 24-hour trading volume also remains strong at $2.5 billion, up from $125 million a month ago.

It’s therefore clear that retail and larger investors alike still have plenty of demand for SHIB, which has witnessed several big transfers in recent weeks.

This trader spent only 1.51 $ETH($2,521) to buy 49.8B $SHIB($1.93M currently) in 2021!

After 2.6 years of staking, he withdrew all 40.5B $SHIB($1.58M) and deposited it into #Coinbase 30 mins ago.

If he sells, he will make ~$1.58M, a gain of 628x!https://t.co/oE4sETZwa4 pic.twitter.com/4O7cxM6PRB

— Lookonchain (@lookonchain) March 5, 2024

Of course, some of these involves whales sending SHIB to exchanges, so traders should be prepared for dips along the way, even if the overarching mood remains positive.

Indeed, the market continues to be extraordinarily buoyant, with the possibility of spot-based Ethereum (ETH) ETFs also stoking the fire.

If the latter does come to pass, then a proper alt season could begin, one which would undoubtedly boost SHIB (along with many other alts).

And what’s particularly bullish about SHIB is that it boasts the best fundamentals of any meme token.

This is particularly because of pre-existing infrastructure, such as ShibaSwap, but also particularly because Shiba Inu is still growing as an ecosystem, as witnessed by last year’s Shibarium launch.

BILLIONS OF DOLLARS EXPECTED TO FLOW TO $SHIB

CONSIDERED BY FORBES AS TOP 1O CRYPTO TO INVEST

THIS BULL MARKET
THE 1ST TIME #ShibaInu LISTED ON ROBINHOOD$HOOD EXPECTED 2B INSTRUMENTAL FOR #SHIB GOING PARABOLIC DELETING MORE ZEROS JUST LIKE WHAT HAPPENED TO DOGE ATH $0.70 pic.twitter.com/ZygDPRWlYU

— SHIB Bezos (@BezosCrypto) March 11, 2024

As such, the Shiba Inu price is likely to continue rising over the coming months, potentially reaching $0.000040 by the end of March.

Alternative Meme Tokens for Big Rallies

SHIB’s prospects certainly look good, but it isn’t the only high-potential meme coin in the market right now, with several small-cap meme tokens looking good.

One of these is Smog (SMOG), an Ethereum- and Solana-based token that has risen by 8% in the past 24 hours and by more than 15,000% since listing on the Birdeye and Jupiter DEXes last month.

SMOG has outlasted and outpaced most other new meme coins, and it’s largely down to its unique airdrop system.

With the coin holding a series of drops over the coming weeks, it will distribute a higher number of coins to holders with the biggest pre-existing SMOG holdings.

Doing things this way encourages investors to hold onto more SMOG for longer, something which will take rising quantities of the coin out of circulation.

In turn, this should boost SMOG’s price over time, with the coin’s staking system – awarding a yield of 42% APY – also likely to squeeze supply.

#Dragons, can $SMOG reach $1 after an outstanding 60% surge overnight?

1. Yes!
2. No, but close!
3. Probably by tomorrow!

Vote now and share your prediction! #Solana #ATH #Memecoin #SMOGSOAR

— SMOG (@SMOGToken) March 7, 2024

What’s also bullish about SMOG is that it’s steadily accumulating a strong online community, given that its Twitter account now has over 37,000 followers.

Such followers are likely to help boost the coin once it lists on additional exchanges, with investors already able to buy it now at the official Smog website.

They can also trade it on Jupiter or Birdeye, where it continues to rally and take advantage of the ongoing bull market.

Buy SMOG Here

The post Shiba Inu Price Prediction as SHIB Reaches $20 Billion Market Cap – $10 SHIB Possible? appeared first on Cryptonews.

On Sunday, Shiba Inu takes a minor 1% dip in its price to $0.000035 with Shiba Inu’s substantial $20.67 billion market capitalization that not only underscores its significant market presence but also cements its status within the top ten cryptocurrencies.

Shiba Inu price prediction takes a closer look at the recent $2.27 billion trading influx and assesses the potential impacts on SHIB’s market position.

As the market anticipates possible whale movements, the question remains: are big investors accumulating SHIB in anticipation of its price reaching $1?

Shiba Inu Token Burn Skyrockets, Reflecting Major Community and Developer Efforts

The Shiba Inu community witnessed a significant token burn, marking a 23,000% increase in the burn rate.

Developers initiated this with two large transactions, destroying 9.6 billion SHIB tokens valued at around $332,000, followed by an additional burn of 3.8 million SHIB tokens worth $131,384.

Not stopping there, they also eliminated 28 LEASH tokens and 19,551 BONE tokens, showing a broad commitment to reducing supply across their ecosystem.

Lucie praised the Shibarium developers and users for their crucial role in this process and the network’s growing adoption, even though SHIB’s praice has seen a 23% decrease from its peak on March 5.

Shiba Inu Price Prediction

The technical outlook for Shiba Inu suggests a period of consolidation within a symmetrical triangle pattern, identified on the chart. This pattern is characterized by a narrowing price range, indicative of a balance between supply and demand, and thus, a standoff between bulls and bears.

The pivot point, a crucial level for traders, is currently set at $0.0000336. A decisive movement beyond this pivot could set the tone for the coin’s next major move.

#ShibaInu trading update: Pivot at $0.0000336 with eyes on breaking resistance at $0.0000372, $0.0000405, & $0.0000456. Support holds strong at $0.0000308. Watching for a breakout or breakdown! #SHIB #CryptoTrading #TechnicalAnalysis pic.twitter.com/lHVOR6sMKJ

— Arslan Ali (@forex_arslan) March 10, 2024

Key Resistance and Support Levels:

• Immediate resistance is found at $0.0000372, with subsequent levels at $0.0000405 and $0.0000456.
• Support levels are established at $0.0000308, $0.0000274, and $0.0000251.

Technical Indicators:

• The Relative Strength Index (RSI) stands at 55, indicating neither overbought nor oversold conditions, but rather a market in equilibrium.
• The 50-Day Exponential Moving Average (EMA) is at $0.0000300, providing a baseline for the current bullish sentiment.

The symmetrical triangle pattern, observed at the $0.0000336 to $0.0000372 range, suggests a state of indecision among investors. This pattern typically culminates in a breakout, dictating the subsequent direction of the asset’s price movement.

Scotty AI’s Presale: Revolutionizing Crypto Security

In the dynamic world of digital currencies, Scotty AI emerges as a formidable newcomer, clad in its sleek black coat, ready to rival meme coin legends like Floki and Shiba Inu.

More than a competition for dominance, Scotty embodies a vision of safeguarding and nurturing a unified digital ecosystem for everyone.

The $Scotty token presale has already garnered significant attention, securing $1,633,307.72 towards its $1,647,159 target.

Priced at $0.00655, the sale outlines a strategic token distribution: 30% for public sales and the remainder for staking, development, listings, and promotional activities.

With its initial phase already engaging the community and kickstarting the presale, Scotty AI is poised to redefine digital guardianship. Engage with the ongoing developments and become part of the Scotty community on Telegram and X (formerly Twitter).

Buy SCOTTY Here

The post Shiba Inu Price Prediction as $2.6 Billion Trading Volume Comes In – Are Whales Buying SHIB Before $1? appeared first on Cryptonews.

Dogecoin (DOGE/USD), the cryptocurrency born from an internet meme, has defied expectations to become a top contender in the digital currency world. With a notable climb to $0.1760 as of March 9, marking over 2% rise within just 24 hours, Dogecoin not only showcases significant investor interest but also an impressive resilience that’s propelled it into the top 10 cryptocurrencies globally.

This surge has seen Dogecoin’s market cap hit around $25.23 billion, earning it the 9th spot on CoinMarketCap amidst a trading frenzy of $3.38 billion over the day.

As DOGE continues to navigate the volatile crypto market, this Dogecoin price prediction explores whether the beloved meme coin has the potential to rival giants like Bitcoin in the cryptocurrency hierarchy.

Dogecoin Price Prediction

Analyzing Dogecoin’s price movements on a 4-hour chart reveals key levels that are pivotal for traders and investors alike. The immediate pivot point at $0.1637 acts as a critical juncture, suggesting potential shifts in market dynamics.

Resistance levels are established at $0.1855, $0.2058, and $0.2256, delineating thresholds where selling pressure might intensify. Conversely, support is firmly placed at $0.1303 and $0.1143, which could offer buying opportunities should the price retreat.

#DogecoinAnalysis: On a 4H chart, DOGE shows pivotal levels. Pivot point at $0.1637 suggests key market shifts. Resistance at $0.1855, $0.2058, $0.2256; support at $0.1303, $0.1143. RSI at 60 & 50 EMA at $0.1546 signal bullish momentum. Watch for upward trends! #DOGE

— Arslan Ali (@forex_arslan) March 9, 2024

Technical indicators further illuminate Dogecoin’s current market stance. The Relative Strength Index (RSI) sits at 60, indicating a bullish momentum yet steering clear of the overbought territory.

The 50-Day Exponential Moving Average (EMA) at $0.1546 lends additional support to the buying trend, confirming the upward trajectory observed.

Notably, a recent bullish engulfing candle pattern on the 4-hour timeframe signals a strong buying interest among participants, potentially setting the stage for further upward movements.

In summary, Dogecoin exhibits a bullish trend above the $0.1637 pivot point, with the market dynamics favoring buyers at this juncture.

The convergence of technical indicators, including the RSI and 50 EMA, alongside a positive candlestick pattern, suggests a continued upward momentum. However, investors are cautioned to remain vigilant for any shifts below the pivot level, which could precipitate a sharp selling trend.

Scotty AI’s Presale: Revolutionizing Crypto Security

In the dynamic world of digital currencies, Scotty AI emerges as a formidable newcomer, clad in its sleek black coat, ready to rival meme coin legends like Floki and Shiba Inu. More than a competition for dominance, Scotty embodies a vision of safeguarding and nurturing a unified digital ecosystem for everyone.

The $Scotty token presale has already garnered significant attention, securing $1,633,307.72 towards its $1,647,159 target. Priced at $0.00655, the sale outlines a strategic token distribution: 30% for public sales and the remainder for staking, development, listings, and promotional activities.

With its initial phase already engaging the community and kickstarting the presale, Scotty AI is poised to redefine digital guardianship. Engage with the ongoing developments and become part of the Scotty community on Telegram and X (formerly Twitter).

Buy SCOTTY Here

The post Dogecoin Price Prediction as DOGE Becomes Top 10 Crypto in the World – Can DOGE Overtake Bitcoin? appeared first on Cryptonews.

The meme coin has been one of the top-100’s best performers in recent weeks, with it also sitting on an impressive 480% increase in a fortnight and a 590% rise in a month.

These gains come as Floki benefits from growing attention from whales and more word of mouth among traders, with the token outperforming its biggest rivals.

And given its momentum, it could continue rising up the rankings in terms of market cap, potentially reaching the likes of Shiba Inu and Dogecoin.

FLOKI Price Prediction as FLOKI Rockets Up 212% – Can it Overtake Shiba Inu?

FLOKI has been going from strength to strength in recent weeks, with the coin shooting up at the start of March, declining a little, and then shooting up again in the past couple of days.

Its indicators reflect this momentum, with its relative strength index (purple) rising back above 80 today after dipping sharply towards 70 earlier in the week.

Normally, a reading over 80 would indicate that a coin is firmly in an overbought position and should decline soon, yet it’s clear that FLOKI – like many other coins – is currently in a price discovery phase in the context of a new bull market.

The market had neglected FLOKI for months, implying that it still has plenty of time to continue rising before it risks a steep and prolonged correction.

Also, whales have been betting that FLOKI will make even bigger gains in the near future, with recent data showing some big transfers off of exchanges.

A fresh wallet withdrew 28.19B $FLOKI($4.29M) from #Binance 40 mins ago.https://t.co/aJRdOG7A8T pic.twitter.com/M5I3gzVaCh

— Lookonchain (@lookonchain) March 5, 2024

In terms of fundamentals, there isn’t any particularly compelling reason why the FLOKI price should be rising, although it has been adding new exchange listings in recent weeks.

It’s also trending heavily on various social networks, with the coin the most popular asset on Stocktwits at the moment.

This all points to continued price growth for FLOKI, which is also likely to continue rising as the wider market continues to rise bullishly.

It seems that rising Bitcoin ETF volumes are pushing prices higher in general, boosted further by hopes of Ethereum ETFs and by the imminent arrival of the next Bitcoin halving.

As such, the FLOKI price should reach $0.00020 very soon, before rising to $0.0003o at some point in the spring.

Newer Meme Tokens Bring the Heat

FLOKI certainly looks good right now, yet it isn’t the only promising meme token in the market, with several recently launched coins looking ready to rally big.

For instance, Smog (SMOG) has surged by 32% in the past 24 hours alone, with the new Ethereum- and Solana-based coin having gained by over 15,000% since listing on Birdeye early last month.

That SMOG has far surpassed its initial opening rally is a very bullish sign, underlining how the coin has plenty of staying power and long-term potential.

Its successes are largely down to its bullish airdrop system, which awards a higher number of coins to holders with the biggest pre-existing SMOG holdings.

This setup motivates long-term holding, encouraging investors to hold onto their coins for as long as the airdrops continue.

And even after the drops cease, investors will still be able to stake SMOG, earning a yield of 42% APY.

#Dragons, can $SMOG reach $1 after an outstanding 60% surge overnight?

1. Yes!
2. No, but close!
3. Probably by tomorrow!

Vote now and share your prediction! #Solana #ATH #Memecoin #SMOGSOAR

— SMOG (@SMOGToken) March 7, 2024

One other interesting feature of SMOG is that it runs several ‘quests’ for investors to complete, involving tasks that boost the coin’s community and encourage participation.

As a result, Smog already has a healthy online community, with its Twitter account now having 36,000 followers.

Investors can buy the token on the official Smog website, or by going to the Jupiter or Birdeye DEX aggregators.

It’s also in the process of listing on other exchanges, something which is likely to help it rally even further in the coming weeks.

Buy SMOG Here

The post FLOKI Price Prediction as FLOKI Rockets Up 212% – Can it Overtake Shiba Inu? appeared first on Cryptonews.

BONK is the 60th biggest cryptocurrency with a market cap just north of $2.1 billion. This makes it the fifth biggest meme coin by market capitalization, followed closely by FLOKI with $1.9 billion.

Dogwifhat (WIF) flipped BONK yesterday and has held onto its lead today. WIF’s rally over the last seven days has been much stronger than BONK’s.

WIF rose 125% to $2.20 while BONK only rose 47% to change hands at $0.00003294 as of this writing.

Broadly speaking, cryptocurrencies are still rallying hard after posting a month of gains. Bitcoin rose 58% over the last 30 days to trade at $67,454, while Ethereum rose 68% to trade at $3,948.

Over on BONK’s one-month chart view we can see consistent prices until the final days of February, when a rally kicked off that peaked on March 4 at around $0.00004 before falling back.

BONK’s Relative Strength Index (RSI) is approaching 70, which is the threshold signaling when an asset is overbought.

As BONK Meme Slows, SPONGE Takes Off

BONK’s failure to keep up with Shiba Inu, Floki, Pepe and Dogwifhat this week only highlights the precarious nature of speculating on meme coins, a volatile and speculative sector in an already volatile and speculative industry.

Meme coins have to offer solid fundamentals if they want to survive to be more than just fads. Typically the strongest meme coins have the strongest projects behind them.

However, meme coins often offer little value outside their cultural capital. Dogecoin (DOGE) has a first-mover advantage and originality on its side. Shiba Inu is branching out as a network and offering more utility, and Pepe and Dogwifhat are fresher.

One meme token that combines freshness with utility and offers more than laughs is SPONGE. it’s the native token for an exciting new ecosystem.

GM #SPONGERS!

Did someone say moon?

Trade $SPONGE on @dexscreener https://t.co/mRRzvNqdpm#MemeCoin #Crypto #Altcoins #Bullish #100x pic.twitter.com/iVOCDTYMVz

— $SPONGE (@spongeoneth) March 8, 2024

It’s also currently rallying very hard. According to CoinGecko data, SPONGE is up 153% in the last week and 57 in the last 24 hours % as it trades for $0.003623 at the time of writing.

SPONGE is an ERC-2o standard token created on Ethereum. It recently upgraded (and migrated) to a V2 on Polygon, an Ethereum Layer 2 scaling solution.

The team also introduced a couple of key improvements with the upgrade, including a new staking model that offers a minimum yield of 40% APY.

This yield currently sits at around 531%, varying according to the number of stakes and tokens locked up.

SPONGE also powers an upcoming racing game where players compete against each other to earn SPONGE rewards.

Buy And Stake SPONGE On The Website

The post Bonk Price Prediction as $600 Million Trading Volume Floods In – Are Whales Buying? appeared first on Cryptonews.

The famous meme token is now up by 156% by in the past week and by 280% in the last 30 days, benefitting hugely from the recent bullish turn the market has taken.

It’s likely to continue rising in parallel with the wider market, which is expecting further gains as we approach the next Bitcoin halving.

And given SHIB’s relatively strong fundamentals for a meme token, it could easily outperform its peers in the coming weeks.

Shiba Inu Price Prediction as SHIB Rallies 6% in 24 Hours – $10 SHIB Possible?

It seems that SHIB is ready to resume the rally it had begun last week, following a brief dip earlier this week.

Its relative strength index (purple) has begun rising again today after dropping from 95 to about 80 over the past few days, signaling that momentum remains very strong.

SHIB’s 30-day moving average (yellow) is also on the warpath, given that it’s rising very aggressively at the moment and climbing further beyond the 200-day (blue).

This is a clear sign that the meme token is in the middle of a big growth spurt, one which could continue for several weeks if not months, give or take the odd profit-taking dip.

1,450,254,597,018 #SHIB (54,846,453 USD) transferred from unknown wallet to unknown wallethttps://t.co/FqyRh7QKL9

— Whale Alert (@whale_alert) March 5, 2024

Indeed, recent days have brought an increase in big SHIB transfers, suggesting that whales are returning to the meme coin after months of indifference.

This bodes well for the coin’s near future, with accumulating by whales often signaling likely price increases.

At the same time, SHIB finds itself in the middle of a new bull market, which has followed from rising Bitcoin ETF volumes, not to mention excitement over the next BTC halving and also the possibility of Ethereum ETFs.

Such sources of bullishness are likely to boost prices across the board, yet SHIB could benefit more than most.

On the one hand, this is because it spent so much of 2023 not doing much, so it could over-perform this year.

On the other, SHIB arguably has the strongest fundamentals of any meme coin in the market, especially in view of last year’s launch of Shibarium and the upcoming launch of SHIB: The Metaverse.

The Shiba Inu price could therefore reach $0.000040 in the next couple of weeks, before climbing towards $0.000050 or $0.000060 in subsequent months.

Newer Meme Coins Could Rally Harder

It’s hard to say just how high SHIB could rise this year, but for those traders worried that its biggest gains in 2024 may have already happened, there are alternatives to consider.

There’s currently a wide variety of upstart meme tokens in the market right now, and while many are largely disposable, some boast strong enough fundamentals to support longer-term appreciation.

A great example of this comes from Scotty the AI (SCOTTY), a new Ethereum-based coin that combines viral memes with AI-powered trading tools.

Launched last month, its presale has already risen more than $3.7 million, an impressive total for such a new project.

Presale Update!

ScottyTheAi #1 #memecoin (w/Ai utility) of 2024$SCOTTY has raised $3.7M

Well on our way to closing out presale and heading for that $100M marketcap.

Congratulation to all the early #Scottydogs in presale

Buy Now: https://t.co/zRmy4g8hfW#BITCOIN… pic.twitter.com/qsczivfVqn

— Scotty The Ai (@ScottyThe_Ai) March 8, 2024

The reason why traders are getting excited about Scotty is that its trading platform provides it with real utility.

Its platform offers two main features, Scotty Swap and ScottyChat.

Scotty Swap is a trading protocol for performing atomic token swaps, yet it also uses AI to provide a more user-friendly and streamlined experience.

On top of this, ScottyChat is generative AI-based bot that can answer queries related to price movements and trading signals, for example.

By using ScottyChat in the context of Scotty Swap, users will be able to make more informed trading decisions.

It seems that investors in Scotty’s presale are betting that the platform will attract considerable adoption, which in turn will boost the price of its native utility token.

Investors can buy this token now by visiting the official Scotty the AI website, where it’s selling at $0.0083 per token.

Buy Scotty the AI Here

The post Shiba Inu Price Prediction as SHIB Rallies 6% in 24 Hours – $10 SHIB Possible? appeared first on Cryptonews.

Despite this drop, SHIB remains up by a whopping 130% in a week and by 260% in a month, with the meme token also sitting on a 190% gain in the last 12 months.

This suggests that today’s loss is more of a temporary correction, with the coin’s overall trajectory remaining upwards.

And with the promise of Ethereum ETFs potentially igniting an alt season, SHIB is likely to rally big again soon.

Shiba Inu Price Prediction as SHIB Drops 17% – What’s Going On?

It looks as though SHIB may fall further before it rights itself again, with its indicators beginning to show signs of a loss of momentum.

This is particularly the case with its relative strength index (purple), which has recently fallen from over 90 to 80 today, with the coin likely to continue dropping from an overbought position.

What SHIB’s RSI tells us is that the coin is falling because buyers have been taking profits, following the coin’s very aggressive rises over the past week or so.

Yet its 30-day average (yellow) continues to climb at a steep angle, after a long period of flatlining.

This suggests that, in the medium- and long-term, SHIB has plenty of room to continue rallying, give or take a few brief correction.

Its 24-hour trading volume also continues to look healthy, standing at around $4.5 billion today.

That it had stood at only $140 million a couple of weeks ago provides some indication of how much hotter SHIB is now.

170,316,081,143 #SHIB (5,962,595 USD) transferred from #OKEx to #Cumberlandhttps://t.co/eRi4D8kJQo

— Whale Alert (@whale_alert) March 4, 2024

Much of this volume has come from whales buying into the meme coin once again, while it’s also a product of the general exuberance that currently characterizes the cryptocurrency market.

Given that we’re still waiting for the next Bitcoin halving, as well as the potential acceptance of Ethereum ETFs, even bigger rallies could be forthcoming in the next few weeks.

SHIB’s position looks even better in the context of steady improvements to the Shiba Inu ecosystem, which has witnessed numerous updates and launches in the past year.

This includes the Shibarium layer-two network, which since last summer has made transactions involving SHIB much faster and cheaper.

As such, the Shiba Inu price should reach $0.000040 again in the next few weeks, before hitting $0.000050 towards the end of spring.

New Altcoins with Strong Utility and Potential

For anyone not sure that SHIB will make a big comeback, there are a variety of newer meme coins in the market right now, including several that offer genuine utility.

This happens to be the case with Scotty the AI (SCOTTY), a new Ethereum-based coin that combines viral memes with AI-powered trading tools.

Its presale went live last month, and has now raised over in excess of $3.2 million.

Presale Update!

ScottyTheAi #1 #memecoin (w/Ai utility) of 2024$SCOTTY has raised $3.2M

Well on our way to closing out presale and heading for that $100M marketcap.

Congratulation to all the early #Scottydogs in presale

Buy Now: https://t.co/zRmy4g8hfW#BITCOIN… pic.twitter.com/uRXrsdIlBm

— Scotty The Ai (@ScottyThe_Ai) March 7, 2024

Raised in only a few weeks, this figure is a testament to Scotty’s strong fundamentals and its growing appeal to investors.

This appeal resides largely with its trading platform, which comprises two core products: Scotty Swap and ScottyChat.

Scotty Swap is a trading protocol for atomic token swaps, one which harnesses AI to provide many of the conveniences and tools of centralized exchanges.

As for ScottyChat, it provides traders with a generative AI-based bot that can answer queries related to price movements and the like.

Traders will be able to use it in the context of Scotty Swap, helping them to trade more profitably.

ScottyTheAi # 1 memecoin of 2024

Stage 14 of public presale closing out fast.

Less than $100k left. Until price increases at stage 15

looking like stage 14 will sell out days ahead of time like pervious stages.

BUY $SCOTTY presale at https://t.co/zRmy4g8hfW#memecoin… pic.twitter.com/AJShoreemf

— Scotty The Ai (@ScottyThe_Ai) March 7, 2024

These features should mean that SCOTTY experiences high and growing demand, given that it’s the native utility token for both.

Holders will also be able to stake the token, earning themselves a passive income on top of any price gains.

While it hasn’t listed yet, investors can buy it as part of its presale by going to the official Scotty the AI website.

SCOTTY is currently selling at $0.0078, yet its price could rise much higher once the sale ends and it lists.

Buy Scotty the AI Here

The post Shiba Inu Price Prediction as SHIB Drops 17% – What’s Going On? appeared first on Cryptonews.

At $0.00002918, BONK is now down by 14.5% in the past 24 hours, yet it remains up by an impressive 36% in the last seven days and by 190% in the last 30.

Given that last night’s dive is a correction in the context of a wider bull market, it’s likely that BONK will recover soon enough.

In fact, an oncoming alt season may help it reach new heights, after the coin reached a new all-time high earlier in the week.

Bonk Price Prediction as BONK Tumbles 19% Overnight – Time to Buy the Dip?

Based on an inspection of BONK’s chart, the coin may need to correct a little further before it returns to growth.

Its relative strength index (purple) has dropped from an overbought 90 a few days to just under 70 today, and it looks like it could fall further.

Having said that, BONK’s 30-day average (yellow) has only recently begun rising further beyond its 200-day (blue), indicating that it remains in the middle of a growth spurt.

This view finds support in the coin’s trading volume, which has risen from around $35 million a month ago to $600 million today.

In other words, interest in BONK remains high, and is probably high enough to produce a rebound in the coming days.

Today the price of $BONK has increased by more than 50%!

A SmartMoney accumulated 98B $BONK($1.54M) from #Binance again before the price increased.

He currently holds 319.44B $BONK($7M), with a profit of $2.9M.https://t.co/1oXGa1QlKp pic.twitter.com/TXYw2H07yz

— Lookonchain (@lookonchain) February 29, 2024

As the tweet above shows, whales have been buying BONK again in the past week or so, with the whale mentioned above currently sitting on a trove of some 470 billion BONK.

This would imply that larger, savvier investors still expect the Bonk price to enjoy several more rallies in the near (and perhaps more distant) future.

As such, now would probably be a good time to diversify a little into the meme token, seeing as how it has discounted a little.

And with the wider market likely to return to growth as we approach the next Bitcoin halving, BONK could easily rally again very soon.

It may reached $0.000040 in the next one or two months, before reaching a new all-time high towards the summer, especially if recent Ethereum ETF applications receive approval.

Alternative High-Potential Meme Tokens

While BONK is busy correcting, some traders may opt to buy into newer, smaller cap meme tokens, particularly those with the potential to rally big as they list on exchanges.

For example, Solana- and Ethereum-based meme coin Smog (SMOG) has surged by 56 % in the past 24 hours alone, while it has also gained by over 6,000% since listing on the Jupiter and Birdeye DEX aggregators at the start of February.

SMOG’s price history to date has helped it distinguish itself from the recent wave of flash-in-the-pan Solana-based meme coins, with most of such coins pumping and then very quickly dumping.

One of the main reasons why it has such staying power is its bullish airdrop system, which awards a higher number of coins to holders with the biggest pre-existing SMOG holdings.

Such a system has encouraged long-term holding, and given that it will hold a whole series of airdrops over the next few months, it could enjoy some sustained growth.

Also bullish is the fact that holders can stake SMOG, which currently offers a yield of 42% APY.

The #Dragon is about to make a groundbreaking move!

Here's a hint: #CEX #Crypto #MemeCoinSeason #Solana #Airdrop

— SMOG (@SMOGToken) March 5, 2024

And as a meme token, it’s encouraging to note that Smog already has a strong community, with the coin boasting 35,000 followers on Twitter, for instance.

Investors can buy the token on the official Smog website, or by going to the Jupiter or Birdeye platforms.

As the tweet above indicates, it’s also on the brink of listing on various centralized exchanges, something which could see it rally substantially.

Buy SMOG Here

The post Bonk Price Prediction as BONK Tumbles 19% Overnight – Time to Buy the Dip? appeared first on Cryptonews.

That makes DOGE the only cryptocurrency in the top ten by market capitalization to realize double-digit percentage gains over the past seven days.

Broadly speaking the largest market cap coins have all been rallying strongly since February.

The biggest price-driving narratives recently have been the US SEC’s approval of eleven spot Bitcoin ETFs and the increasing likeliness of Ethereum ETFs around the corner, alongside general hype about an upcoming halving happening to the new supply of Bitcoin in April.

While DOGE is one of the biggest climbers among top 10 cryptocurrencies, among the meme coins it’s a different story. DOGE rallied the lightest over the last seven days; its nearest runners up SHIB and PEPE posted hefty three-digit gains —both rallying over 130%.

Over on DOGE’s trading chart we can see just how sharply the number one meme coin has rallied since the end of February. There has also been a significant pullback toward the end of the first week of March and with a Relative Strength Index of 48 there is plenty of headroom for gains or losses.

Source: TradingView

DOGE is very unlikely to hit $1 in the near term, but if it makes significant strides by the end of May, which is when both the halving and Ethereum ETF narratives will have been priced into all of the leading cryptocurrencies, then we will have a clearer idea if it will hit $1 in 2024.

Move Over Doge Meme Coins: Meet $SPONGE

While it is true that meme coins are making headlines with their blistering rallies, it’s also valid for investors to ask themselves how much mileage these rallies really have.

Crypto is already highly speculative and volatile so meme coins have to offer solid fundamentals if they want to survive the scrutiny intensifying over the industry. Typically the strongest meme coins are the ones that have the strongest projects behind them.

Each token typically symbolizes an investor’s piece of the pie. Whether that pie is an entire blockchain or an application or community built on it it’s all the same: the token has to symbolise integrity.

However, meme coins often offer little value outside their cultural capital. Dogecoin (DOGE) is an exception because it has first-mover advantage and originality on its side, but the swathes of imitations since have very much saturated the space in dog and meme-referencing coins.

One meme token that offers more than laughs is SPONGE. it’s the native token for a promising new ecosystem.

SPONGE is an ERC-2o standard token created on Ethereum. It recently upgraded (and migrated) to a V2 on Polygon, an Ethereum Layer 2 scaling solution.

ONLY UP $SPONGE

Important claim announcement coming soon!

Stay tuned #SpongeV2 #MemeCoin #Crypto #AltSeason #Bullish pic.twitter.com/76CnfokjjS

— $SPONGE (@spongeoneth) March 6, 2024

The team also introduced a couple of key improvements with the upgrade, including a new staking model that offers a minimum yield of 40% APY.

This yield currently sits at around 570%, varying according to the number of stakers and tokens locked up.

SPONGE also powers an upcoming racing game where players compete against each other to earn SPONGE rewards.

Buy And Stake SPONGE On The Website

The post Dogecoin Price Prediction as DOGE Bulls Hold $0.15 Level – $1 Incoming? appeared first on Cryptonews.

LUNC has now rallied by close to 70% in the past seven days, with the alt also recording an 89% gain in a month.

Yet, with the coin up by only 46% in a year, it’s clear that it still has space for further gains in the near future.

It has also taken support from Do Kwon’s recent success in avoiding extradition to the US, something which may bode well for the future of LUNC.

Terra Luna Classic Price as LUNC Rallies 70% in 7 Days – $1 LUNC Possible?

Based on LUNC’s chart, it’s possible that LUNC may now correct a little before rallying again, with some of its indicators suggesting a loss of momentum.

In particular, its relative strength index (purple) has declined from 70 a few days ago to just under 60 today, with the direction being downwards.

On the other hand, LUNC’s 30-day average (yellow) continues to rise steadily and outpace its 200-day (blue), indicating that it remains with a growth phase.

It’s also encouraging that its trading volume has risen to $800 million in recent days, up from only $35 million as recently as last week.

#LUNC • Wonderful cup and handle in progress. The (under)water level is also present . Congratulations if you bought below
And if you don’t DYOR and act as you want.
Now you know. Let’s wait !#LuncCommunity
PS: Never trust anyone. No financial advice. pic.twitter.com/ZJaukWTbAo

— fleurialcom (@fleurialcom) March 6, 2024

While it may dip in the next few days, LUNC is indeed likely to continue gaining in the medium-term, with the increasingly bullish market being the main reason.

Indeed, Bitcoin’s recent gains are steadily helping to instigate an alt season, which usually tends to follow from every historical bull market.

As such, LUNC is likely to be part of any market-wide rally, while it also has some fundamental reasons to be optimistic.

As noted above, a court in Montenegro has overturned an earlier approval of his extradition to the US, something which has improved the market’s overall attitude towards LUNC.

Terra Luna Classic also continues to grow in terms of its recovery as a blockchain network and ecosystem, with a new governance proposal from Genuine Labs set to introduce several technical improvements, some of which relate to Cosmos interoperability.

New proposal 12088 from @genuine__labs this is summary:

-SDK 0.47
-IBC Go 7
-Wasmd 0.45
-Upgrade Comet BFT
-IBC hooks & PFM
-Upgrade handlers
-mainnet & testnet

Time 6 weeks, cost $30k. Lets help deposit and vote for this proposal #LUNC #LUNCcommunity #USTC pic.twitter.com/1kDmfEeYE1

— Nueng Handsome (@nuenghandsome) March 6, 2024

Such upgrades are admittedly quite modest, but they all help to set LUNC on the road to further growth.

As such, the Terra Luna Classic price could reach $0.00030 in the next couple of months.

Alternative High-Return Altcoins

It’s likely that LUNC’s progress may be gradual, however, so some traders may feel more inclined to investigate newer tokens, particularly those with the potential to rally big as they list on new exchanges.

One token that fits this bill is Scotty the AI (SCOTTY), a new Ethereum-based coin that will combine meme-related marketing with a genuinely useful platform.

It launched its presale last month, and has now gone on to raise a little more than $2.7 million.

Presale Update!

ScottyTheAi #1 #memecoin (w/Ai utility) of 2024$SCOTTY has raised $2.7M

Well on our way to closing out presale and heading for that $100M marketcap.

Congratulation to all the early #Scottydogs in presale

Buy Now: https://t.co/zRmy4g8hfW#BITCOIN… pic.twitter.com/xvWHXVMY2v

— Scotty The Ai (@ScottyThe_Ai) March 6, 2024

This is an enviable total for such a young project and sale, yet the reason why Scotty has been able to turn heads is that it boasts an exciting AI-powered trading platform.

This will come with two core features, Scotty Swap and ScottyChat.

Scotty Swap is a trading protocol for atomic token swaps, albeit one that uses AI to provide many of the conveniences and tools of more centralized exchanges.

At the same time, ScottyChat provides traders with generative AI-based bot that produces advice on market movements and cryptocurrency prices.

The idea is to use it within the context of Scotty Swap, helping users to make more informed trades.

ScottyTheAi # 1 memecoin (w/Ai utility’s) of 2024

Stage 12 of public presale has now sold out in only 22 hours.

stage 13 now live and moving fast. BUY before price increases next stage.

BUY $SCOTTY presale at https://t.co/zRmy4g8hfW#memecoin #Bitcoin      #crypto… pic.twitter.com/Ypy3rbvWAL

— Scotty The Ai (@ScottyThe_Ai) March 6, 2024

Given that users will need to hold SCOTTY to use and pay for these two features, the token should experience considerable demand, particularly as its features gain adoption.

And when combined with its contagious use of memes and staking system, it could have a big listing period once it goes live.

Investors can buy it now at a discount at the official Scotty the AI website, where SCOTTY is currently selling at $0.00755.

Buy Scotty the AI Here

The post Terra Luna Classic Price as LUNC Rallies 70% in 7 Days – $1 LUNC Possible? appeared first on Cryptonews.

SHIB’s gains have far outpaced Dogecoin’s over the week. DOGE rose a not-inconsiderable 68.5%, bringing more joy to holders than market leaders Bitcoin (BTC) and Ethereum (ETH), which only rose 12.1% and 13.6% respectively.

Still, it’s Bitcoin and Ethereum that continue to drive the industry narratives that are fuelling the altcoin speculation boom.

Bitcoin came a hair’s breadth away from setting a new all-time high yesterday. Graphs on CoinGecko indicate the world’s favourite cryptocurrency posted an intraday high of $68,912.84 at 15:05 (GMT). Had Bitcoin risen another 0.191445%, it would have set a new ATH.

All things considered, the market leader is only now about 4% from setting a new ATH. Hype over the recently launched spot Bitcoin ETF investment products is helping the rally. As is anticipation for Bitcoin’s upcoming halving, when the new supply gets cut in half. It’s almost a given that Bitcoin will be setting a new all-time high before the halving on April 19.

So if there’s lots of potential upside to Bitcoin, there’s lots of potential upside to Shiba Inu too.

Recent developments in SHIB’s ecosystem are also behind this feverish rally.

On Monday, Shiba Inu’s official X account announced the launch of the Shib Name Service (SNS), giving early access to Shib name tokens.

Like the Ethereum Name Service (ENS), SNS lets network participants swap out unwieldy wallet addresses for names and words, like internet domain names.

Attention #SHIBARMY

The 1.1 version of our SNS is coming tomorrow

In the next 2 hours, we'll halt all transfers of current name tokens and after it we’ll take a snapshot that will be used to airdrop the replaced new *Shib names in collaboration with @D3inc

Stay…

— Shib (@Shibtoken) March 4, 2024

A look over at SHIB’s trading chart, it is evident just how rapidly its latest rally picked up steam after beginning Monday February 26.

Given the suddenness of the rally, it evidently has to lose momentum, although present indications reveal potentially a bit more upside left. Its Relative Strength Index (RSI) is stable and it’s currently trading ahead of its 30-day moving average.

Shiba Inu’s Sea Sponge Competitor

Meme coins are clearly leading the headlines with their blistering rallies. It’s a valid question whether there is investment of substance in the space. Crypto is already highly speculative and volatile so meme coins really have to offer more than just laughs, they have to offer a service or community. .

Buying tokens on a blockchain is similar to buying shares in a company. Each token symbolises a piece of the pie, so the pie has gotta be nutritious.

However, meme coins often offer little value outside their cultural capital, which increases or decreases together with the popularity of the underlying meme.

Shiba Inu (SHIB) has some chance at longevity because it’s an active and growing network. Dogecoin (DOGE) also has first-mover advantage and originality on its side.

But another token that offers more than laughs is SPONGE. In addition to being the hottest new meme coin, it’s also the native token for a promising new ecosystem.

Ride that $SPONGE wave! LFG #MemeCoin #AltGem #Crypto #100x pic.twitter.com/2PkqBon0tF

— $SPONGE (@spongeoneth) March 6, 2024

SPONGE is an ERC-2o standard token created on Ethereum. It recently upgraded (and migrated) to a V2 on Polygon, an Ethereum Layer 2 scaling solution.

The team also introduced a couple of key improvements with the upgrade, including a new staking model that offers a minimum yield of 40% APY.

This yield currently sits at around 592%, varying according to the number of stakers and tokens locked up.

SPONGE also powers an upcoming racing game where players compete against each other to earn SPONGE rewards.

Buy And Stake SPONGE On The Website

The post Shiba Inu Price Prediction as SHIB Rockets 226% in a Week – What’s Going On? appeared first on Cryptonews.

WIF has been on fire pretty much all week, with the Solana-based meme coin posting a 180% increase in seven days, a 500% rise in a fortnight and an 860% surge in a month.

The coin has also exploded by just over 130,000% since December, making it the best-performing top-100 coin over this period.

And with WIF only gaining more momentum in recent days, it could see further gains in the near term.

DogWifHat Price Prediction as WIF Becomes Best-Performing Meme of the Week – Time to Buy?

WIF has also risen by 2% in the past hour, with its chart signalling some good rising momentum after a pronounced dip earlier in the week.

The coin’s relative strength index (purple) had dropped as low as 45 a few days ago, yet it has now risen back above 60, with more room for further gains.

Similarly, WIF’s 30-day average (yellow) has resumed rising vigorously again after a comparable dip, with its ascent suggesting that the coin remains in a pronounced expansionary phase.

The token’s trading volume also supports this view, given that it remains at around the $1 billion level, up from $130 million a week ago and $25 million a month ago.

It therefore seems that whales have begun buying up the coin in bigger quantities, with the catalyst for this growth being yesterday’s news that Binance will list WIF.

Binance launched $WIF perpetual on Jan 18 and listed $WIF today!

binance-insider.sol has bought a total of 37.5M $WIF($67.5M currently) at $0.25, and became the 2nd holder of $WIF.

The unrealized profit is ~$58M! pic.twitter.com/EpKMsV7N25

— Lookonchain (@lookonchain) March 5, 2024

Given Binance’s move, it’s possible that other major exchanges may follow suit and list WIF in the coming days or weeks, pushing the meme token even higher.

It’s also likely to benefit from the general mood of bullishness prevailing in the market at the moment, with rising Bitcoin ETF volumes making traders increasingly optimistic.

Of course, WIF’s status as a pure meme token means that traders need to remain wary of a potential dump, yet it’s likely that the coin won’t see a major drop for a while yet.

At the very least, it’s likely that the wider market will continue rising (with brief dips) until we reach the next Bitcoin halving, which will happen at some point in April.

This will likely bring the DogWifHat price with it, which could reach $2.50 or even $3 by the spring.

New High-Potential Meme Coins for Big Rallies

WIF has exploded in recent weeks, something which arguably raises the possibility of a major correction.

Assuming that it doesn’t have much big rallying left in it in the near term, some traders may be better off looking towards newer high-return meme tokens.

A great example of this is Smog (SMOG), which runs on Solana and Ethereum and also listed last month on the Jupiter and Birdeye DEX aggregators.

It has surged by 54 % in the past 24 hours, with the token also rising by well over 6,000% since it went live.

The chart above underlines how SMOG is a rare of example of a new meme coin that’s in it for the long haul.

It has only built on its early rallying, with traders becoming increasingly attracted by its novel airdrop system.

It will hold airdrops at regular intervals over the next few months, with drops awarding more coins to holders with the biggest pre-existing SMOG holdings.

Clearly, this system will encourage users to keep their SMOG coins for the longer term, boosting its price over time.

SMOG is also open to staking, with stakers able to receive a yield of 42% APY.

This will further boost long-term holding, with the token also holding a number of ‘quests’ that encourage users to help grow its online community.

Such quests seem to be working, seeing as how Smog now boasts 33,000 followers on Twitter, for instance.

This bodes well for its future, with investors able to buy the token at the official Smog website, or by going to the Jupiter or Birdeye platforms.

And once it lists on other exchanges, it could really take off, potentially making it the next WIF.

Buy SMOG Here

The post DogWifHat Price Prediction as WIF Becomes Best-Performing Meme of the Week – Time to Buy? appeared first on Cryptonews.

The third largest meme coin by market capitalization has since pulled back by about 15% and changes hands at $0.0₅7456 as of this writing.

PEPE has had a monumental month. In the last thirty days it ballooned 723.7%.

These gains were spread throughout the whole month, with the last fortnight adding 533.1% and the last seven days accounting for a price appreciation of 248.3%.

The only other meme coin among the largest by market capitalization that rallied harder in the last seven days was Shiba Inu (SHIB). Shib rallied 281.1% to trade at $0.00003991 currently.

Broadly speaking, this month’s rally of the meme coins was carried off the back of a marketwide rally.

Bitcoin rose 56% in the last 30 days, while Ethereum rose 61% over the same period.

That meme coins were pumping harder indicates just how popular crypto is getting again now that investors are willing to take riskier positions and bet on tokens with little-to-no underlying utility except as a theoretical store of value.

A glance at PEPE’s chart over the last three months shows that the explosive price action began at the end of February.

There have since been frequent cup-and-handle patterns skywards, indicating a very bullish cycle of buying followed by periods of market consolidation.

PEPE has a Relative Strength Index (RSI) of 53, which means the market has priced its value in well at this point.

It also suggests there’s room for further rallies so long as Bitcoin and Ethereum can continue sustaining mainstream demand through the upcoming Bitcoin halving and Ethereum ETF industry milestones.

While Everyone FOMOs PEPE’s ATH, Look Into SPONGE!

With mouth-watering rallies all month long, it’s a valid question whether meme coins are worth investing in. Crypto is already highly speculative and it can be quite volatile too.

The short answer is that every investor needs to do their homework.

The promise of buying tokens on the blockchain is similar to the promise of buying shares in a company. Each investor needs to be sure the project they’re backing is good or useful.

However, meme coins often offer little value outside their cultural capital, which increases or decreases together with the popularity of the underlying meme.

Dogecoin (DOGE) is a classic only because it has first-move advantage and originality on its side. As a store of value its vastly outbeaten by Bitcoin and as a commercially important blockchain it’s got nothing on Ethereum. It mainly leans on its brand.

One token that offers more than just laughs is SPONGE. In addition to being the hottest new meme coin, it also underlies an ecosystem with utility.

SPONGE is an ERC-2o standard token created on Ethereum. It recently upgraded (and migrated) to a V2 on Polygon, an Ethereum Layer 2 scaling solution.

The team also introduced a couple of key improvements alongside the upgrade, including a new staking model that offers a minimum yield of 40% APY.

This yield is currently sitting at just around 623%. This figure varies according to the number of stakers and tokens locked up.

SPONGE also powers an upcoming racing game where players compete against each other to earn SPONGE rewards.

Buy And Stake SPONGE On The Website

The post Pepe Price Prediction as PEPE Hits ATH – Time to Buy? appeared first on Cryptonews.

SHIB has now recorded a 300% increase in a week and a 362% rise in a month, with the meme token rising up to 11th place in the market in terms of cap.

Yet with the coin still 53% down from its current record high of $0.00008616, it would also seem that it can afford to rise even further before necessitating a correction.

Shiba Inu Price Prediction as SHIB Becomes 11th Largest Crypto in The World – $1 SHIB Incoming?

SHIB’s chart has basically gone stratospheric, with its current price far exceeding its 30-day average (yellow), which has in turn begun rising aggressively beyond the 200-day average.

It’s arguable that the market has now overbought SHIB already, given that its relative strength index (purple) is actually above 90 at the moment.

However, the chart also shows that the meme token had struggled to gain any kind of momentum for months, so it’s also arguable that a sustained period of strong growth is entirely possible.

Bullish demand for the meme coin is driving its rally at the moment.

1,250,318,249,876 #SHIB (41,329,269 USD) transferred from #Cumberland to unknown wallethttps://t.co/i7SYyYui4K

— Whale Alert (@whale_alert) March 4, 2024

And while the Shiba Inu price may certainly correct in the near term, its medium- and long-term trajectory looks highly bullish.

On the one hand, the market is in a position where it could continue rallying for the next few weeks, led by rising Bitcoin ETF volumes.

This will push up meme coins such as SHIB along with Bitcoin and other alts, with SHIB potentially benefitting more as a result of suffering too much last year.

On the other hand, SHIB arguably has stronger fundamentals than most other meme coins, given the steps its developers have taken to improve its utility.

For instance, last year saw the launch of the Shibarium layer-two network, which is now seeing around 2 million transactions per day and a total of roughly 400 million.

This growth highlights how SHIB is slowly becoming more than a meme coin, with the Shiba Inu price likely to benefit as a result.

It could reach $0.000050 in the next few weeks, before hitting 0.000060 by the summer.

Newer Meme Tokens for Newer Rallies

SHIB may be a little too hot at the moment, so many traders may opt to turn to alternatives while they wait for it to correct.

One of the most promising alternatives to SHIB right now is Scotty the AI (SCOTTY), a new Ethereum-based meme token that boasts plenty of utility.

It’s an AI-powered crypto-currency trading platform that last month launched its presale, which has now raised just over $2.3 million.

Presale Update!

ScottyTheAi #1 #memecoin (w/Ai utility) of 2024$SCOTTY has raised $2.3M

Well on our way to closing out presale and heading for that $100M marketcap.

Congratulation to all the early #Scottydogs in presale

Buy Now: https://t.co/zRmy4g8hfW#BITCOIN… pic.twitter.com/sA3Bh81MGU

— Scotty The Ai (@ScottyThe_Ai) March 5, 2024

This impressive total suggests that Scotty is already winning over investors, who are likely drawn towards the project’s AI-powered platform.

The latter will feature two central products, Scotty Swap and ScottyChat.

As its name suggests, Scotty Swap is a trading protocol on which traders can perform atomic token swaps, with AI providing a variety of tools that streamline the trading experience.

Correspondingly, ScottyChat is a generative AI-based bot that will provide traders with advice on market movements and cryptocurrency prices.

$SCOTTY # 1 #memecoin (w/Ai utility) of 2024

smart investors smashed out Stage 1-9 days ahead of time.

stage 10 is now live and on the move. Price will increase at stage 11

BUY $SCOTTY presale at https://t.co/zRmy4g8hfW#blockchains #memecoins #Binance    #presale… pic.twitter.com/5pn2xIr4Lg

— Scotty The Ai (@ScottyThe_Ai) March 3, 2024

With SCOTTY the native utility token for these two features, the coin is likely to experience significant growing demand.

It will have a max supply of 1,234,567,890, with 30% of this going towards the sale, which is well on its way towards selling out.

Investors can participate by visiting the official Scotty the AI website, where they can buy SCOTTY at $0.0073 per token.

This price will rise in nine days, while the token’s listing in the next few weeks is likely to send it much higher.

Buy Scotty the AI Here

The post Shiba Inu Price Prediction as SHIB Becomes 11th Largest Crypto in The World – $1 SHIB Incoming? appeared first on Cryptonews.

The famous meme coin has now ballooned by 95% in the past week and by 129% in a month, with its topping $9 billion this week and surpassing Solana’s.

After months of neglect, it therefore seems that is finally regaining some serious momentum, helped along by the market’s increasing bullishness.

And with DOGE still a long way off its current all-time high, it certainly has much more space for further gains in the near future.

Dogecoin Price Prediction as DOGE Trading Volume Surpasses Solana – $100 DOGE Possible?

DOGE’s chart looks exceedingly bullish at the moment, which isn’t very surprising, given that it has hit its highest level since December 2021.

Its relative strength index (purple) has surged beyond 80, putting the coin well into a decidedly overbought position.

At the same time, DOGE’s 30-day average (yellow) has been climbing very aggressively over the past week, greatly outpacing its 200-day (blue).

This is a strong sign that the coin has begun a breakout, one which could last a little while yet before it needs to correct.

Most bullish of all is DOGE’s trading volume, which has rocketed from about $300 million a month ago to more than $8 billion today.

This represents an increase of over 2,500%, with data showing that whales have been buying up DOGE in recent days and taking their holdings off exchanges.

67,496,921 #DOGE (11,924,617 USD) transferred from #Robinhood to unknown wallethttps://t.co/RdGw6hN7sL

— Whale Alert (@whale_alert) March 4, 2024

As such, DOGE could continue gaining in the near term, rallying as part of a market that is becoming more bullish as Bitcoin approaches its next halving event (in April).

As for DOGE itself, its status as a meme coin means that it doesn’t really have anything fundamental going for it, so it’s hard to say what is its ‘fair’ or ‘true’ value.

Nonetheless, the market had sold it quite heavily in previous months, meaning that it could rally disproportionately during the current bull phase.

And if X ever brings in cryptocurrency – and DOGE – payments, then the meme coin will rally even harder in the more distant future.

There is an expectation that it will do this eventually, but for now, the Dogecoin price will have to rely on market bullishness and its own momentum.

It could reach $0.3 by the summer, before climbing towards $0.4 in the latter half of 2024.

Other High-Potential Meme Coins

Given that DOGE’s indicators suggest that a correction may be arriving soon, traders may be better off turning to other meme tokens already.

Fortunately, the market has no shortage of new meme coins, with a handful of highly promising tokens looking like they could rally big in the near future.

One of the most bullish new coins is Smog (SMOG), which listed last month on the Jupiter and Birdeye DEX aggregators.

It has gained by 11% in the past 24 hours, and has risen by well over 5,000% since it became tradable.

What’s particularly notable about SMOG’s price history is that, compared to many other new Solana- and Ethereum-based meme coins, it has actually built on its initial growth.

This is very bullish, and it’s all because Smog boasts a unique and interesting airdrop system.

It will hold airdrops at regular intervals over the next few months, providing greater rewards to investors with greater holdings.

What’s exciting about this is that such a system incentivizes long-term holding, which in turn is boosting and will boost SMOG’s price.

Not only that, but holders can also stake the token, with its protocol providing yields of 42% APY.

$SMOG One #Memecoin To Rule Them All

Buy or stake ERC-20 $SMOG tokens through our website for 42.0% APY.

Tokens staked are locked for 90 days, with rewards withdrawable throughout.

All tokens purchased through the site will be automatically staked.

Link in bio! pic.twitter.com/Y98lZcjuk6

— SMOG (@SMOGToken) February 10, 2024

Again, this staking will encourage holders to keep tokens locked up, which in turn will reduce the coin’s circulating supply and boost its price.

And combined with viral meme-based marketing and a growing online community, it seems that such tokenomics will help make SMOG a big success.

Investors can buy it now at the official Smog website, or by going to the Jupiter or Birdeye platforms.

Buy SMOG Here

The post Dogecoin Price Prediction as DOGE Trading Volume Surpasses Solana – $100 DOGE Possible? appeared first on Cryptonews.

BONK has actually slipped a little since reaching its ATH a couple of hours ago, yet at $0.00003229 it remains up by an impressive 177% in a week and by 209% in the past month.

And with the alt also gaining by 5,000% in a year, it’s clear that it currently has plenty of short- and long-term momentum.

It could even continue rising in the next few weeks, with the increasingly bullish market helping to push it to new heights.

Bonk Price Prediction as BONK Hits All Time High – $1 BONK Incoming?

BONK has some massive momentum right now, yet it’s also entirely arguable that it should correct downwards soon, at least according to its indicators.

Most notably, its relative strength index (purple) has almost hit 90 this morning, which is definitely (heavily) overbought territory.

At the same time, its current price has surged beyond its 30-day average (yellow), which in turn is also racing rapidly beyond its 200-day average (blue).

These are both signs of expansion, yet they can’t continue indefinitely, especially when the RSI is at 90.

Still, BONK’s trading volume has shot up to $1 billion today, indicating the kind of interest the meme token hasn’t seen since November and December, when it set its previous all-time high.

It’s clear that it has rallied because various whales began buying up the token again, as revealed by recent transfer data.

Today the price of $BONK has increased by more than 50%!

A SmartMoney accumulated 98B $BONK($1.54M) from #Binance again before the price increased.

He currently holds 319.44B $BONK($7M), with a profit of $2.9M.https://t.co/1oXGa1QlKp pic.twitter.com/TXYw2H07yz

— Lookonchain (@lookonchain) February 29, 2024

Some traders may suspect that, after setting a new ATH today, BONK may correct significantly in the coming days, as buyers take profits.

Yet its current rally has taken place within the context of a rapidly expanding cryptocurrency market, which has taken its cue from Bitcoin and its increasingly popular ETFs.

And it’s likely that the market will continue expanding at least up until the next Bitcoin halving, which will take place at some point next month.

As such, we could see BONK beat its new record high in the coming weeks, potentially reaching $0.000040 very soon and maybe even removing a decimal place by the summer.

Newer Meme Tokens for Newer Rallies

Given that BONK may be about to correct, traders may prefer to turn to newer meme coins already, particularly those looking to list on new trading platforms in the near term.

One of the best examples of such a token Scotty the AI (SCOTTY), an AI-powered crypto-currency trading platform that launched its presale last month.

Presale Update!

ScottyTheAi #1 #memecoin (w/Ai utility) of 2024$SCOTTY has raised $1.8M

Well on our way to closing out presale and heading for that $100M marketcap.

Congratulation to all the early #Scottydogs in presale

Buy Now: https://t.co/zRmy4g8hfW#BITCOIN… pic.twitter.com/aKkAcGlPX0

— Scotty The Ai (@ScottyThe_Ai) March 4, 2024

What’s impressive about Scotty the AI is that its sale has already raised $1.8 million, despite running for only a few weeks.

It’s therefore clear that the market is becoming increasingly interested in Scotty, and the main reason for this is that it’s a rare example of a new alt with strong fundamentals and real utility.

It will launch a trading-focused platform that will feature two AI-powered products, Scotty Swap and ScottyChat.

Scotty Swap is a trading protocol through which traders can perform token swaps with each other, with the use of AI providing a more personalized and efficient trading experience.

Traders can use it in tandem with ScottyChat, which is a chatbot that will provide tailored advice and guidance on the market and prices.

$SCOTTY # 1 #memecoin (w/Ai utility) of 2024

smart investors smashed out Stage 1-9 days ahead of time.

stage 10 is now live and on the move. Price will increase at stage 11

BUY $SCOTTY presale at https://t.co/zRmy4g8hfW#blockchains #memecoins #Binance    #presale… pic.twitter.com/5pn2xIr4Lg

— Scotty The Ai (@ScottyThe_Ai) March 3, 2024

Its native token, SCOTTY, will have a max supply of 1,234,567,890, with 30% of this going towards the presale (the remainder will go towards marketing, staking and trading liquidity).

Its presale could sell out quite soon, given that traders seem very attracted to Scotty’s mix of viral memes and hard utility.

They will also be able to stake the token, providing a further benefit that has attracted buyers already.

New buyers can acquire some by going to the official Scotty the AI website, where it’s available at $0.0068 per token.

Of course, with strong fundamentals and a growing fanbase, this price is likely to seem very cheap once the token lists.

Buy Scotty the AI Here

The post Bonk Price Prediction as BONK Hits All Time High – $1 BONK Incoming? appeared first on Cryptonews.

WIF’s roaring success was shared across the meme coin space this weekend, with projects like PEPE, BONK and SHIB also holding onto three-digit percentage returns over the last seven days.

Market leader Dogecoin (DOGE) blew up a heady 92% over the week and currently trades for $0.1619.

However, there are current indicators that WIF’s rally may be cooling faster than its competitors. In the last 24 hours, WIF only added 4.7% compared to the four other meme coin leaders by market capitalization, which each posted intraday gains of around 20% or more.

In general, the whole crypto market is rallying and has been for most of 2024 so far. Bitcoin is currently up 5.5% overnight and trades for $65,107.84 as it nears its former all-time high of $69k.

Ethereum rose 3% overnight and trades at around $3,500, according to data by CoinGecko.

Looking at WIF’s performance on the chart over the last three months, its evidently in the midst of an aggressive bull phase, as shown by the steep upturn before the end of February alongside the frequent cup-and-handle patterns inside its ascent.

The meme coin is currently trading ahead of its 30-day moving average but it is gradually losing that boost to some recent red candles. With a Relative Strength Index (RSI) in the mid-fifties, market sentiment is not overly passionate right now, so there is likely to be a near-term stabilization over the next few days, although Bitcoin’s rallies may carry it higher still.

Vroom Vroom! Move Over WIF and other memes!

For anyone who has been watching the space long enough, last week’s mouth-watering meme coin rallies are enough to induce a flashback to crypto’s early days, back when a bit of careful investment could net eye-popping returns.

The fact that crypto is, broadly speaking, doing very well has had a major impact on meme coins, which would not be rallying if they were otherwise.

However, the problem with most meme coins is that they offer little value outside their cultural capital, which increases or decreases together with the popularity of the underlying meme.

One token that offers more than just laughs is SPONGE. In addition to being the hottest new meme coin, it also underlies an ecosystem with utility.

Don't let us down #SpongeV2 #Web3 #Crypto #Alts pic.twitter.com/jPGUAzZc99

— $SPONGE (@spongeoneth) March 4, 2024

SPONGE is an ERC-2o standard token created on Ethereum. It recently upgraded (and migrated) to a V2 on Ethereum’s layer 2, Polygon.

The team also introduced a couple of key improvements alongside the upgrade, including a new staking model that offers a minimum yield of 40% APY.

This yield is currently sitting at just around 650%. This figure varies according to the number of stakers and tokens locked up.

SPONGE also powers an upcoming racing game that lets players compete against each other and earn SPONGE rewards.

Get in early.

Buy And Stake SPONGE On The Website

The post DogWifHat Price Prediction as WIF Surpasses $1 Milestone – $10 Next Target? appeared first on Cryptonews.

SOL has now gained by 32% in a week and by 35% in the last 30 days, with the major altcoin also sitting on an impressive 530% appreciation since this time last year.

Aside from market-wide bullishness, Solana has also benefitted from a surge of interest in meme coins running on its platform, which has boosted demand for SOL.

As such, the latter is likely to continue seeing gains in the coming weeks and months, with its all-time high potentially under threat.

Solana Price Prediction as SOL Meme Coins Go Viral – Here’s the Latest

SOL’s chart continues to show plenty of momentum, momentum which is likely to continue in the near term.

Its relative strength index (purple) passed the 70 level at the start of the month and has even risen a little higher today, all without entering an excessively overbought position.

Meanwhile, SOL’s 30-day average (yellow) is rising at a steep angle, putting further distance between itself and the 200-day average (blue), and signalling how Solana remains in an expansionary phase.

And while the coin’s 24-hour trading volume isn’t as high as it was at the end of last week, it remains very healthy, at around $3.5 billion.

79,983 #SOL (10,291,905 USD) transferred from unknown wallet to #Coinbasehttps://t.co/YG3ZhfGr9U

— Whale Alert (@whale_alert) March 2, 2024

As the above tweet shows, some whales have used the current rally as an opportunity to take some profits.

But given just how strong SOL and the wider market is at the moment, it’s clear that the altcoin can support a considerable amount of selling without suffering too much.

Indeed, its support level (green) has risen very consistently over the past few months, implying that any dips in the near term are likely to be minor.

One of the reasons for SOL’s strength is that its blockchain is witnessing a substantial spike in activity, resulting from the market’s increasing demand for Solana-based meme tokens.

The trader who spent only 5.288 $SOL($310) to buy 2.58M $WIF ($4.1M currently) started to sell $WIF for profits at the highest price.

He sold 750K $WIF for 9,363 $SOL($1.21M) at $1.61, with 1.83M $WIF ($2.91M) left.

The total profit is $4.12M(13,307x)!https://t.co/Fc8EWZ673m pic.twitter.com/elFRilLtNd

— Lookonchain (@lookonchain) March 4, 2024

Given that the market is really only just entering alt season (following surging demand for BTC), it’s likely that the current taste for meme coins will only intensify in the next few weeks.

For this reason, the Solana price is likely to continue rising, potentially reaching $150 by the spring.

High-Potential SOL-Based Meme Tokens

SOL may be nearing overbought territory, but the market is still full of promising new tokens that could rally big soon, including various Solana-based coins.

One of the newest and most promising SOL-based meme tokens is Smog (SMOG), which was listed last month on the Jupiter and Birdeye DEX aggregators.

It’s up by nearly 5,000% since listing, as shown in the very bullish price chart below.

This makes it one of the best-performing new coins of its period, with its exciting airdrop system being one of the main reasons for market interest.

In particular, its airdrops – which it will hold at regular intervals over the next few months – will provide greater rewards to investors with greater holdings.

This system is already incentivizing an increase in long-term holding, something that should support its price over the longer term.

It has total max supply of 1.4 billion SMOG, with it allocating 35% of this quantity to its airdrops.

On top of this, holders can also stake the token, with its protocol providing yields of 42% APY.

#Dragons, we've now reached over 400,000 #SMOG https://t.co/d4J9DuOg1A quests completed!

We're wondering how many quests have you completed yourself?

— SMOG (@SMOGToken) February 22, 2024

Smog has also been able to motivate greater participation by running a number of quests, which invite holders to complete tasks that help to grow the Smog community.

Combined with its bullish tokenomics, such quests should help SMOG to enjoy consistent gains throughout the year.

Investors can buy the token via Jupiter or Birdeye, or by going to the official Smog website.

It’s also on track to list on various exchanges in the coming weeks, potentially pushing its price even higher.

Buy SMOG Here

The post Solana Price Prediction as SOL Meme Coins Go Viral – Here’s the Latest appeared first on Cryptonews.

Shiba Inu (SHIB), a meme coin that has captured the attention of the cryptocurrency market, experienced a notable increase of 10.17% over the last 24 hours, bringing its price to $0.000022.

This movement has pushed its market capitalization to $12,968,327,843, ranking it 11th on CoinMarketCap.

With a circulating supply of over 589 trillion SHIB coins, the market’s enthusiasm for this asset remains high, despite the lack of a maximum supply limit.

Shiba Inu Price Prediction

The analysis of Shiba Inu’s 4-hour chart reveals key price levels that are critical for understanding its short-term trajectory.

The pivot point, established at $0.000021, serves as a baseline for the current trading range. Resistance levels are set at $0.000024, $0.000026, and $0.000028, marking potential hurdles for SHIB’s upward movement.

Conversely, support levels at $0.000019, $0.000018, and $0.000017 provide areas where price declines may find a floor.

Technical indicators further illuminate SHIB’s market position. The Relative Strength Index (RSI) at 71 indicates a strong buying interest among investors, albeit nearing overbought territory.

#Shiba analysis shows critical levels for its trajectory. Pivot at $0.000021 sets the stage, with resistance up to $0.000028. RSI at 71 signals high interest, while 50 EMA indicates ongoing bullish momentum. Watch for a potential breakout above $0.0000237 for further gains. pic.twitter.com/VkG8AisiAr

— Arslan Ali (@forex_arslan) March 3, 2024

Meanwhile, the 50-Day Exponential Moving Average (EMA) at $0.000014 underscores a bullish undertone, reflecting the asset’s sustained upward momentum over recent weeks.

Shiba Inu’s price action has encountered resistance at the $0.0000237 level, completing a 23.6% Fibonacci retracement at around $0.0000210.

This suggests that the asset is at a critical juncture; should it breach this resistance, further bullish sentiment could be triggered.

Below this level, the 38.2% Fibonacci retracement may come into play, indicating potential areas of interest for both buyers and sellers.

In conclusion, while Shiba Inu demonstrates a bullish trend above its pivot point, it remains bearish below the $0.0000237 resistance level.

A break above this threshold could catalyze a more pronounced bullish bias, potentially leading to higher price levels.

Conversely, failure to overcome this resistance may result in a consolidation phase or a retracement to lower support levels.

Investors and traders should closely monitor these key technical indicators and price levels to navigate the volatile landscape of Shiba Inu and the broader cryptocurrency market effectively.

Scotty AI’s Presale Event: A New Guardian in the Cryptoverse

In the vast expanse of the cryptocurrency universe, a new contender has emerged—Scotty the AI. Distinguished by his sleek, jet-black fur and advanced artificial intelligence, Scotty enters the arena, challenging the likes of meme coin titans Floki and Shiba Inu.

This isn’t merely a battle for supremacy; it’s a testament to Scotty’s mission to maintain harmony within the digital realms. With an astute mastery of blockchain technology, Scotty not only aims to protect but to foster an inclusive digital world for all.

As the presale of $Scotty surges forward, amassing $1,633,307.72 of its $1,647,159 goal, the cryptoverse watches intently.

Offering $Scotty at $0.00655, the initiative breaks down its token allocation to ensure a balanced ecosystem, dedicating 30% to public sale and 70% to staking, development, exchange listings, and marketing.

With Phase 1 already unfolding through community engagement and presale launch, Scotty AI is on the brink of revolutionizing how we perceive guardianship in the cryptocurrency space.

Stay connected with the latest on Scotty the AI by joining SCOTTY communities on Telegram and X (formerly Twitter).

Buy SCOTTY Here

The post Shiba Inu Price Prediction as SHIB Fans Target $1 Level – Can SHIB Overtake Dogecoin? appeared first on Cryptonews.

Solana (SOL) emerges as a key contender, recently achieving a notable multi-month high of around $137, amid Solana’s valuation prompts a closer examination and subsequent Solana price prediction.

With its price currently at $128 and experiencing a slight correction of nearly 4% in the last 24 hours, Solana’s market dynamics represent a mix of potential growth and short-term volatility.

Despite this, the trading volume of $3.84 billion underscores a robust interest in SOL, maintaining its position as the fifth-largest cryptocurrency by market capitalization, at roughly $57.10 billion.

Solana Price Prediction

Analyzing SOL/USD’s 4-hour chart provides a deeper understanding of Solana’s price dynamics. The pivot point, identified at $135.71, delineates a crucial threshold for SOL’s short-term price movements. Resistance levels are set at $142.03, $148.33, and $154.64, outlining potential ceilings for upward price action.

On the downside, immediate support is found at $127.13, with further cushions at $118.99 and $112.96, which could play pivotal roles in Solana’s price stabilization.

#Solana's pivotal $127 mark stands as a key indicator for its future trajectory. With RSI at 60 and 50-EMA support at $117.15, SOL's path could tilt based on this crucial level. Keep a close watch on these indicators for strategic moves. #SOLUSD #CryptoAnalysis pic.twitter.com/rRtnWiMDWQ

— Arslan Ali (@forex_arslan) March 2, 2024

The Relative Strength Index (RSI), sitting at 60, suggests a relatively balanced momentum without veering into overbought or oversold territory.

Meanwhile, the 50-Day Exponential Moving Average (EMA) at $117.15 provides a bullish undertone, indicating sustained interest and potential support for Solana’s price.

Solana’s current trading range between $135 and $127 suggests a consolidation phase. While the upward channel hints at a bullish bias, a decisive break below the $127 level could shift the momentum, driving SOL towards the $117 mark.

In conclusion, while Solana exhibits a bearish trend below the $135 pivot point, the critical threshold at $127 serves as a make-or-break level for future price directions.

A drop below this level could amplify selling pressures, making it essential for traders and investors to closely monitor these key price levels and indicators.

Summing Up

In conclusion, Solana’s trading pattern indicates a crucial juncture at the $127 level, acting as a decisive point for its future direction. Below this pivot, SOL may face increased selling pressure, highlighting the importance for stakeholders to keep a vigilant eye on these pivotal markers for informed decision-making.

Unveiling $SMOG: Stake Now for Exclusive Rewards and Airdrop Access

$SMOG is at the forefront of token innovation, initiating a groundbreaking airdrop on the Solana network. The token distribution plan includes 50% for strategic marketing efforts, 35% dedicated to airdrop incentives, 10% earmarked for centralized exchange (CEX) debuts, and 5% allocated for decentralized exchange (DEX) liquidity enhancements.

Our roadmap unfolds an enthralling narrative, from the initial stages of website creation and token deployment to ambitious milestones like dominating the social sphere and claiming the title of SOL Monarch.

Each step is thoughtfully designed to boost community involvement and broaden $SMOG’s presence in the crypto universe.

Embark on the journey from our inaugural token release to ascending as the SOL Monarch, with a strong emphasis on community building and territorial expansion.

Engagement Instructions:

• Acquire $SMOG through Birdeye using your Solana wallet.
• Ethereum enthusiasts can secure their purchase via over-the-counter (OTC) transactions, with future staking capabilities on the horizon.
• Register for the airdrop via Zealy and undertake activities to accumulate points.

Dive into the $SMOG saga for unparalleled rewards and a fresh take on cryptocurrency innovation.

Explore SMOG Today

The post Solana Price Prediction Following New Multi-Month High – What’s Next for SOL’s Price Action? appeared first on Cryptonews.