ZACK surges 28% as another Solana Airdrop Meme coin hints at a new exchange listing.

The price of Zack Morris has surged 28% in the past 24 hours, trading at $0.05732 as of 4 AM ET on volume of $11.69 million.

The new meme coin was launched by Edward Constantinescu, better known as Zack Morris on X and co-founder of Atlas Trading. Morris launched a meme coin named after his online handle on the Solana network.

The name Zack Morris comes from a popular character who appeared in several sitcoms, including Good Morning and Miss Bliss. He lived by the sound of bells; And Saved by the Bell: College Years.

The popular character Zack Morris has many fans, many of whom are now working in the cryptocurrency industry. So the explosion of new meme coins was not surprising. Especially during the current meme coin craze that many people have been witnessing. Cryptocurrency soars.

jack morris price prediction

Zack Morris price jumped from $0.005 to $0.045 yesterday, May 21st. After a brief rejection, the price mostly stabilized around $0.042, fluctuating between this support and $0.043 resistance.

However, certain technical indicators suggest that this could soon change and ZACK could experience another surge.

The token’s Bollinger Bands have recently seen a sudden expansion, a bullish signal, which could be a sign that traders are ready to start buying again.

However, the Relative Strength Index (RSI) still shows no signs of increasing buying pressure. Like price, RSI rose sharply yesterday, entering deep into overbought territory and then crashing into oversold territory. In terms of value, RSI increased from a value of 80 to a value of almost 30 as traders took profits.

However, the resulting price decline was not as drastic as the decline in RSI value, but it was enough for opportunity seekers to buy the dip. Since then, the price has seen some fluctuations and the RSI has remained fairly stable, mostly between 40 and 60.

This morning we saw two surges towards overbought territory. This is likely whale activity, but remains in neutral territory at the time of writing.

However, this can change at any time, so the widening of the Bollinger Bands could be a hint about what’s to come.

For the price, this could mean a return to $0.048 and potentially heading towards a new milestone of $0.050. However, this is only speculation at this point and traders should conduct their own research before taking any action.

Zack Morris’ Promising Alternative

With the overall meme coin market booming, there are now a number of promising alternatives. However, one of the analyst favorites is another Solana meme coin called Smog (SMOG).

Smog is a dragon-based meme coin that initially attracted attention because 2024 is the year of the dragon in the Chinese zodiac.

The project then announced the largest airdrop in Solana history, dividing it into multiple seasons. Season 1 has already ended with a $1 million prize giveaway, but Season 2 is still ongoing, and it’s not too late for many people to participate.

All you need to do is collect XP, which you receive through SMOG purchases and trades or completing various community quests.

#DragonsGet ready for your upcoming debut $smog Exchange! 💰

Complete all daily missions and accumulate as many points as possible before the end of Season 1! 📊#SmogSwap Season 2 prioritizes on-chain. #trading! 🔄

Stay tuned for updates! 📣

— Smog (@SMOGToken) March 28, 2024

When the current season ends, users will receive a portion of the airdrop based on how much XP they have collected.

Holders can also stake their tokens for outstanding returns of 42% per annum.

With the project hinting that a new top-tier exchange listing is in the works, now may be a good time to buy before the hype around its development begins.

The project is making it easier for people to obtain SMOG tokens by offering them at a 10% discount on its website.

To purchase tokens using ETH, USDT, or credit and debit cards, visit the SMOG official website.

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SMOG – Meme Coin with Rewards

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• Earn XP to Win $1 Million in Stake
• Cointelegraph Special
• Staking Rewards – 42% APY
• 10% OTC discount – smogtoken.com