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Meme Ai price is up 29% in the last 24 hours, trading at $0.008919 as of 1:35 AM ET.
With this surge, MEMEAI price is facing resistance due to the downward trend line of the Fibonacci indicator.
This surge follows the announcement that the MEMEAI chain is scheduled to launch in June. This launch will bring an EVM-compatible layer 2 (L2) solution to the market and is expected to enhance the Meme Ai ecosystem through scalability, security, and smart contract capabilities.
Meet MEMEAI CHAIN: scheduled to launch next month.
This EVM-compatible layer 2 solution provides $MEME It has scalability, security, and smart contract features.
The perfect complement to the best meme cryptocurrency! #Layer 2 #EVM #Nana #Nana #Ethereum pic.twitter.com/gQAnGoVFe5
— Meme AI (@memeaiworld) May 29, 2024
Meme AI Price Prediction
Meme Ai price is facing resistance due to the 23.6% Fibonacci indicator trend line marked at $0.010414. Early profit booking appears to be limiting the altcoin’s upside potential as red candlesticks sprout. The Relative Strength Index (RSI) is also trending lower, a sign that buyer momentum is waning.
However, RSI is still well above the average level of 50, showing that the market is trending upward. The higher the lows in RSI, the more optimistic we are about the Meme Ai price. This is reinforced by the position of Moving Average Convergence Divergence (MACD) in bullish territory.
If the bulls show determination, Meme Ai price may overcome the immediate resistance and flip the $0.010414 blockade into support. However, in case of a sustained upward trend, Meme Ai price can only get out of the bush after closing steadily above the all-important Fibonacci retracement level of 61.8% ($0.022015).
GeckoTerminal: MEMEAI/USD 1-day chart
On the other hand, if bearish trends take over the MEMEAI market, the Meme Ai price may start to fall. A low below the $0.003247 bottom of the market range would invalidate the bullish argument.
Meanwhile, YouTube channel Mike Williams Trades listed the new pre-sale Sealana (SEAL) as one of the top three cryptocurrency ICOs with 100x potential after launch.
A promising alternative to Meme Ai
SEAL is the native cryptocurrency of the Sealana project, a character based on a chubby seal completely submerged in the Solana Sea. Sealana depicts an overweight seal who becomes obsessed with cryptocurrency trading on the Solana network.
The digital character’s only goal in life is to make a profit in the increasingly volatile cryptocurrency market. So he abandons his youthful self and goes on a diet of chips and canned tuna.
New Meme Crypto ‘Sealana’ Attracts Whales As Solana Price Recovers
#SolanaMemecoin pic.twitter.com/zqP73U7Mk3— Tech Story (@TechStoryin) May 5, 2024
The obese American redneck seal is a clever concept that plays on American culture that strikes a chord within the cryptocurrency community.
With over $3 million in pre-sale funding already secured, investors may have one last opportunity to acquire tokens before launch.
Gonna throw a bunker buster at these durka durkas #freedom! 🔥🇺🇸
Please show your support for: #Sealand send it $SOL, and promote the war on terrorism! 🪖ðŸ¦#TeamAmerica #top gun #Ticketing pic.twitter.com/LlcXgMVzrq
— Sealana (@Sealana_Token) May 29, 2024
This ‘Send SOL’ pre-sale has no timer, stage, hard cap, or white paper. This means that the ICO can end at any time and if you are interested, the best time to buy is now.
Buy SEAL tokens for $0.022 each here.
Also read:
PlayDoge (PLAY) – Latest ICO on BNB Chain
- 2D Virtual Doji Pet
- Play to earn Meme Coin Fusion
- Staking and in-game token rewards
- SolidProof Thanks – playdoge.io
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