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Panda Swap price has surged 28% in the past 24 hours, trading at $0.0130 as of 5:24 AM ET.
The surge makes PANDA popular on CoinMarketCap alongside crypto kings Bitcoin, PEPE, BONK, SOL, and WIFSA.
Oh right, Panda is very popular these days. @CoinMarketCap Today is the second @Bitcoin! π
Today is going to be a good day. π₯ @solana I need a panda swap. πΌ #Radium Killer
We are also Top Gainer. @Bitmart Exchange π
next @MEXC_Official π€― pic.twitter.com/Wob6bItMxQ
β Panda Swap (@PandaSwapSol) April 22, 2024
The surge comes ahead of its expected listing on the MEXC exchange, which will see PANDA gain 10 million new users across the 170 countries that make up the exchange’s customer base.
π₯ The panda is up there @Bitcoin π₯
We’re just warming up! Our last all-time high was at a market capitalization of $30 million. π€
This week it will go even higher! @MEXC_Official is comingβ¦ 10 million new users in 170 countries π
When we release a swap, it goes parabolic! πβ¦ pic.twitter.com/bGeOMHemnW
β Panda Swap (@PandaSwapSol) April 22, 2024
The altcoin is also trending on DEXTools, with BitMart Exchange listing it as a top gainer.
π₯ We’re also trending @DEXToolsApp furthermore @CoinMarketCap π₯ @Bitmart Exchange Top Gainer β
Just warming up @MEXC_Official this week! π pic.twitter.com/bePG1QFURa
β Panda Swap (@PandaSwapSol) April 22, 2024
There are also rumors on CoinMarketCap that PandaSwapsol will be activated as a decentralized exchange (DEX). It will also be added to all Solana coin market sections such as Jupiter and Raydium.
Panda swap price forecast according to PANDA trends ahead of multiple listings
Panda swap prices are growing a recovery rally after falling nearly 85% since April 1. A break of the immediate resistance marked by the 61.8% Fibonacci retracement level of $0.0177 will see the panda swap enter the golden zone.
This area between the 61.8% Fibonacci retracement level and the 50% placeholder is an important supply area as it often sells areas where prices react.
A decisive move above the 50% Fibonacci placeholder $0.0220 would confirm the continuation of the uptrend, allowing Panda Swap price to move above the 38.2% Fibonacci retracement level of $0.0262.
The Relative Strength Index (RSI) is also hitting higher highs, indicating upward momentum, and this is reinforced by the Awesome Oscillator (AO) and Moving Average Convergence Divergence (MACD) indicators, which continue to record green histogram bars indicating an upward trend. .
MACD’s position relative to the signal line reinforces this outlook.
TradingView: PANDA/USDT 12-hour chart
On the other hand, Panda Swap price may be rejected if the 61.8% Fibonacci retracement level holds as resistance at $0.0177. With this directional bias, the bullish argument is invalidated if the candle closes below the $0.0040 support for 12 hours.
Meanwhile, investors are rushing to buy SLOTH, the new Solana meme coin with less than six days left to launch.
A promising alternative to panda swap
SLOTH is the ticker of the Slotthana ecosystem, inspired by the calm charm of sloths. Pre-sales were a huge success, generating over $15 million.
With less than six days left until the official launch, potential investors have one last, narrow opportunity to acquire SLOTH tokens.
Analysts predict that the price is likely to rise 100-fold upon launch, similar to the significant gains seen recently in other sloth-themed meme coins such as SLERF.
The appeal of the project and the excitement it generates among cryptocurrency enthusiasts is due to its strong blockchain foundation and history of successful sloth-themed projects.
ππ Prepare for the moonshot by preparing the engine of the Slowship! π¦₯ With launch just around the corner, our lazy crew is gearing up for an epic journey through the cryptocurrency universe. There are only 6 days left so buckle up and hold on to the branches ππβ¦ pic.twitter.com/yHBrE3NP5x
β Slothana (@SlothanaCoin) April 22, 2024
BUY SLOTH BEFORE IT RELEASES
Last week, Solana developers released a mainnet beta update to address network congestion issues. This leaves Solana and all related projects poised for a rebound.
Take advantage of the remaining five days and hours you have left to participate. The easiest way to purchase is through the Slotthana website. The price of each token on this website is approximately $0.01552602 at the time of this writing.
Visit Slothana here to purchase. One SOL buys 10,000 $SLOTH.
Also read:
SMOG – Meme Coin with Rewards
- 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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