Meme AI Worth Prediction: MEMEAI Plunges 4% As Analysts Say This Potential Pepe Killer Would possibly 100X


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The Meme AI worth dropped 4% within the final 24 hours to commerce at $0.00137 as of 00:46 a.m. EST on buying and selling quantity that rose 1,169% to $3.27 million.

This comes because the Elon Musk-inspired token is gearing up for extra trade listings.

MEME AI

The genesis of the meme coin was sparked by Elon Musk’s tweet: “Whoever instructions the memes, instructions the universe.”

Musk-associated cash together with DOGE, GROK, and SOHOT have beforehand loved huge success and gathered substantial followings.

Meme AI Worth Inside A Descending Triangle

Meme AI Price Chart Analysis Source: Tradingview.com
MEMEAIUSD Chart Evaluation Supply: Tradingview.com

The value of Meme AI is presently following a downtrend, evident from the formation of a descending triangle. Regardless of this, there’s a presence of upper highs in comparison with lows, with the $0.001083 degree serving as an important help zone, offering a buffer in opposition to downward stress.

The MEMEAI worth has twice touched this help zone, forming a double backside sample. This occurred after encountering resistance on the $0.002008 mark, which allowed the bears to exert downward stress on the worth.

Presently, the worth is buying and selling beneath the 50-day Easy Shifting Common (SMA), aligning with the continuing downtrend of MEMEAI’s worth. Moreover, the Relative Energy Index (RSI) sits at 42, indicating a downward development and falling beneath the 50-midline degree.

Average Directional Index and MACD

The Shifting Common Convergence Divergence (MACD) line (blue) buying and selling barely beneath the sign line (orange) additional helps the downward development. Nonetheless, the worth is displaying some indications of a possible worth reversal resulting in a rebound. 

That is additional supported by the crimson bars on the histogram, that are barely elevated on the draw back. The Common Directional Index (ADX) is buying and selling beneath degree 20 at 17, which signifies a weaker development. It is a affirmation that the Meme AI worth is buying and selling in a spread, attempting to interrupt out.

Meme AI Worth Prediction

The Meme AI worth is at present on a downtrend. Nonetheless, short-term evaluation of the worth signifies some bullish prospects, with the opportunity of a breakout, as affirmed by the formation of the double backside sample.

Bulls goal to surpass the higher boundary of the triangle, concentrating on $0.0025, breaching the $0.002008 resistance. In a reverse situation, nonetheless, the bears might exert extra stress, resulting in a retracement to the $0.00098 help zone.

Because the MEMEAI bulls search for one of the best entry factors, analysts say potential PEPE killer Sponge V2, which has moved to the Polygon Community, might skyrocket 100X on launch.

Purchase $SPONGE V2 For Potential 100X

Buyers have been in a frenzy final 12 months as Sponge surged 100x. Should you missed that chance, there’s one other for you in its sequel, Sponge V2, earlier than its launch on main exchanges.

Sponge V1 did 100x on launch, acquired greater than 13,000 buyers, achieved a market capitalization of $100 million, and was listed on over ten main exchanges, together with Toobit, BitMart, and LBank.

However the improvement workforce discontinued Sponge V1 on Feb. fifth, facilitating the seamless switch of its holders to the safer and cost-efficient V2 on the Polygon community.

Stake To Earn Sponge V2 With 201% Rewards

There’s now the choice to buy and stake $SPONGE V2 tokens, with the potential to earn a powerful 201% annual share yield (APY). Furthermore, there’s a chance to generate revenue by play-to-earn (P2E) gaming, a brand new characteristic designed to draw a broader viewers of buyers and gamers alike.

The workforce plans the launch of a brand new recreation, Sponge Racer, which gives each free and paid variations the place you possibly can race and earn token rewards.

In accordance with analyst Jacob Bury on YouTube, Sponge V2 has the potential to realize 100X positive factors at launch, like its predecessor.

To hitch the presale, go to the official Sponge V2 web site and hyperlink your digital pockets to swap your ETH or USDT for V2 tokens. You may as well purchase instantly utilizing your financial institution card.

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