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The Book of Meow price has surged by 39% in the last 24 hours to trade at $0.02179 as of 6:25 p.m. EST.
The leap in the BOMEOW price coincides with increasing popularity around cat-themed meme coins, particularly on the Solana blockchain.
Just recently, one trader managed to achieve a staggering 15,000% return by trading Donotfomoew (MOEW), a cat-themed meme coin launched by Bitget Wallet on April 3. This trader turned an initial investment of $13,000 into a cool $2 million.
will $CAT continue to surge? 990% last 7 days & 82% last 24 hours! 🐱🐱🐱#Cat #CatToken #BNB
— Mark Kelly (@TodayTraderMark) March 27, 2024
Book Of Meow Price Bulls Drive The Momentum Within A Rising Channel Pattern
BOMEOWSOL Analysis. Source: Dextools.io
The BOMEOW price indicates a rebound after dropping from the $0.0263 resistance level, and it’s currently trading within a rising channel.
Despite the dip, bullish investors have remained strong, propelling the price up from the $0.008362 support level to break past it and establish a new all-time high at $0.02514.
Moreover, the appearance of a double-bottom pattern of $0.008362 adds to the upward momentum,
Bullish investors have pushed the BOMEOW price up, surpassing both the 21-day and 50-day simple moving averages (SMAs). Yet, for the bulls to push the price to a new all-time high (ATH), they’ll need to ramp up the overall bullish sentiment.
Although the Relative Strength Index (RSI) suggests a slight downturn, it’s showing signs of bouncing back from the midline level of 50 to around 55. If momentum increases, we should see the RSI climb back into the overbought zone, confirming the ongoing rally.
The MACD shows bullish signs, positioned above the neutral level. The blue line has crossed over the orange signal line. Additionally, the histogram is also positive, above the neutral level.
Book of Meow Price Poised For Another Bull Rally
The Book of Meow price indicates a general upward trend. The double-bottom pattern catalyses the bullish momentum, pushing the price higher toward new highs above the All-Time High (ATH).
However, if bears continue the corrective phase, the price could slip below the 21SMA, retracing towards the support level of $0.01865, which coincides with the 50 SMA.
As BOMEOW continues to climb, investors are turning to the hottest new presale on Solana, which goes by the name of Slothana (SLOTH). It’s on fire with early backers already socking $9 million into the ICO.
Buy SLOTH Now: The Best 100X Gains Gem!
Slothana is a new ”send SOL” style presale, with no timer, price stages, or hard cap.
⏰ Tired of the 9-5? So is Slothana!🦥Our office sloth is ready to ditch the daily grind and embrace the world of crypto trading. No more getting high on herb, just high on profits! Send SOL to help our sloth go from 420 couch surfer to $420m crypto chad! #slothana #memecoin
— Slothana (@SlothanaCoin) March 25, 2024
It’s following a trail blazed by tokens like $BOME, $PUMP, and $PUNDU, which created a new way of launching on the network. All investors do is send SOL to a token address, and then the team airdrops tokens to your wallet.
For every SOL sent to the address, you will receive 10,000 $SLOTH tokens at the end of the presale.
But there’s also a handy widget on the Slothana website that accepts SOL swaps by connecting your Phantom or other self-custody wallet.
🚨 Attention Slothana community! Thread ahead 🌿 Due to expected upcoming volatility, we've moved funds into USDT on Polygon. SOL USDT withdrawals are suspended on major exchanges therefore we have had to use Polygon. Address in bio.
— Slothana (@SlothanaCoin) April 4, 2024
ClayBro, a crypto analyst and YouTuber, says that $SLOTH could skyrocket by 100X on launch.
With no timer, price stages or hard cap, the SLOTH presale can end at any time. So, if you are interested, act soon to avoid missing out.
You can buy Slothana (SLOTH) here.
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