Meme Ai Price Prediction: MEMEAI Surges 15%, But Analysts Say This 2.0 Meme Coin Might 100X Again

Join Our Telegram channel to stay up to date on breaking news coverage

The Meme Ai price jumped 15% to trade for $0.0095 as of 03:40 EST time.

With this surge, the MEMEAI token has merited the trending list alongside Pepe coin (PEPE).

Meanwhile, investors are calling for Binance Exchange to list MEMEAI, an action that could help drive up the Meme Ai price.

The token’s popularity comes on the back of its unique mix of meme coin and AI concepts. It has its own AI meme generator, marking the perfect combination of pump-ready markets.

The Meme AI price rallies alongside meme coins, as the sector benefits from capital overflows from the Bitcoin (BTC) market. It continues to consolidate within a rising wedge pattern, a technical formation that precipitates a breakdown.

If the ascending trendline of the channel gives out as a support, the Meme Ai price could crash to the $0.000690 range low. Noteworthy, the altcoin is also facing overhead pressure due to the 50-day Simple Moving Average (SMA) at 0.0105.

Notice the Relative Strength Index (RSI) is barely holding above the 50 threshold, while both the Awesome Oscillator (AO) and the Moving Average Convergence Divergence (MACD) are in negative territory. These increase the odds for a further downside.

TradingView: MEMEAI/USDT 1-day chart

Converse Case

On the other hand, if the bulls leverage the 100-day SMA at $0.0087 as an entry point, the Meme AI price could rise, shattering the 50-day SMA to open the way for more gains. Nevertheless, the bearish supposition can only be invalidated if the Meme AI price breaks and closes above the $0.0258 resistance level.

A flip of this blockade into support would encourage more buy orders, potentially enough to send the Meme AI price to the $0.0400 range high. Such a move would denote a climb of about 350% above current levels.

Nevertheless, as the Meme Ai price works out the next directional bias, analysts say Sponge V2, a 2.0 meme coin could 100X again. The token is among the best penny crypto investments with potential for explosive growth

Promising Alternative To Meme AI

Sponge V2 comes into the scene after exponential gains recorded by its predecessor, Sponge V1, which thrived in 2023. Now investors and analysts alike anticipate even better performance from the new player.

Taking the baton from Sponge V1, Sponge V2 brings forth better features and increased value for token holders. Among them is staking, providing an opportunity to earn passive rewards.

According to one analyst, Alessandro De Crypto, Sponge V2 will be the next big meme coin star. It follows Dogecoin (DOGE), Bonk Inu (BONK), and Pepe the frog, (PEPE).

The token is poised to surpass the achievements of Sponge V1, with forward-looking investors already showing support. They are drawn to the project’s new features and benefits for token holders, with fast-moving traders already capitalizing on the new avenues. These include:

  • Exploring iconic locales
  • Navigating thrilling obstacle courses, and
  • Potentially unlocking lucrative rewards

Sponge V2 introduces a unique token distribution method, stake-to-bridge, where users stake their older tokens for the new version. The staking function has received massive support, with upwards of 9.536 billion tokens already staked. The holders enjoy an impressive annual percentage yield (APY) of over 169% on Ethereum and 386% on Polygon.

New entrants into the Sponge V2 ecosystem can acquire the tokens through the website using ETH, USDT, or a credit card.

Those who do not already hold SPONGE V1 must purchase the V1 version. You can then stake these holdings in the bridging contract. Find details on the Sponge.vip website.

Visit and buy Sponge V2 here.

Also Read:

Smog (SMOG) – Meme Coin With Rewards

Smog token
  • Airdrop Season One Live Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards – 42% APY
  • 10% OTC Discount – smogtoken.com

Smog token


Join Our Telegram channel to stay up to date on breaking news coverage


Credit: Source link

Comments are closed.