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Cat in a Dogs global prices plunged 14% to $0.00369 as of 1:10 a.m. ET.
As selling continued, trading volume increased by 6%. This is happening because the broader market is bleeding and neither dog-themed nor cat-themed tokens are spared.
Cat-themed token, source: CoinGecko
Despite the dump, MEW remains one of the most popular pairs on the Solana DEX exchange over the past 24 hours, along with Dogwifhat (WIF) and others.
🔥 Witness the most popular pairs #Solana There has been a DEX exchange in the last 24 hours! 🚀
🥇 $louis @TongueCatLuis2
🥈 $WIF @dogwifcoin
🥉 $SC @SharkCatSolana$MEW @Muse World$Mitch @Michi_solana$candle @CandleOnSol
$BABYSLERF @babyslerf_io$BOMEOW @Bomeow_solana#Layer 1 $SOL pic.twitter.com/OiR3WD33jq— Solana Hub (@SolanaHub_) April 10, 2024
We pride ourselves on active community participation, Top 10 cat meme coins. On the BitMart exchange.
Meanwhile, global prices for Cat in a Dogs continue to consolidate below the midline of the market range.
Cat In A Dogs World Price Outlook As MEW Trades Below Mid-Range
Cat in a Dogs price is trading with a bearish bias due to weakness seen in the BTC market. It remains below the midline of the market range, limited by the 50% Fibonacci placeholder $0.00551.
This could be a good opportunity for late bulls to buy the correction. However, if the bears get their way, Cat in a Dogs World prices could extend their decline. This could see the cat-themed token test $0.00119, the bottom of its market range, before MEW becomes attractive to buy again.
Several technical indicators support the downtrend, starting with the Relative Strength Index (RSI) below the mid-level 50. The Awesome Oscillator (AO) and Moving Average Convergence Divergence (MACD) are in negative territory, suggesting a bearish advantage. This is clearly visible in the MACD, which is attached below the orange band of the signal line.
TradingView: MEW/USDT 8-hour chart
But on the other hand, if the bulls buy the correction, the Cat in a Dogs World price may recover. Changing the 50% Fibonacci placeholder to support would encourage more buy orders, but the bearish argument would only be invalidated if the candle closed above the $0.00981 range high. This represents an increase of approximately 170% from current levels.
Meanwhile, investors are looking for a new sloth-themed meme coin, giving investors one last chance to buy before launch. It is one of the most popular meme coins on Solana, with experts expecting it to grow tenfold upon launch.
A promising alternative to cats in the dog world
Slotthana joins the list of thriving Solana meme tokens, reflecting the explosive growth of Binance Smart Chain projects during the previous bull period. This points to a potential power shift in the meme coin space, with Solana emerging as a major competitor.
PLERF, Solana-Based Token Trading Volume Surges 2100%, New Meme Shows Higher Potential
— Bradicoin (@Bradicoin10) April 10, 2024
Driven by the promise of high returns, some Solana meme coins soared to a market capitalization of $1 billion in a matter of days. SLOTH, the token that powers the Slotthana ecosystem, is already available for pre-purchase ahead of the official launch and is on the same path.
🚀 Get ready to have a blast with Slotthana! 🙂 We are getting ready to launch and this is your last chance to get yours. $SLOTH 🌕 Don’t miss the event as we prepare for the official release date announcement. Watch this space. #slodana #memecoin
— Slothana (@SlothanaCoin) April 8, 2024
Slotthana’s pre-sales have already amassed over $10 million, and its rapidly expanding community of over 15,700 followers on X further highlights its strong engagement. After reaching the $10 million cap, the developer is offering buyers one last chance to purchase before launch.
$SLOTH is a “send SOL” to a specific Solana address presale, but the Slotthana website also has a handy widget that allows you to swap SOL by connecting a Phantom or other self-custodial wallet.
One SOL buys 10,000 $SLOTH. This means that the approximate price of each token at the time of writing is $0.01729. Since there are no timers or stages, the pre-sale can end at any time, so the best time to buy is now before it’s too late.
🚀 Exciting news, lazy sloths! The ‘Lazy Sloth Buy Widget’ is now live on the Slotthana site! 🦥 There are no more excuses. Even the laziest person can now easily send SOL. Say ‘no’ to the dirty sloth and ‘yes’ to cryptocurrency Chad Rambo time!💸 #slodana #LazyCryptocurrency #memecoin
— Slothana (@SlothanaCoin) March 27, 2024
Visit Slothana here to purchase.
Also read:
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- Airdrop Season 1 Live Starts
- Earn XP to Win $1 Million in Stake
- Cointelegraph Special
- Staking Rewards – 42% APY
- 10% OTC discount – smogtoken.com
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