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The KittenWifHat price soared 10% in the past 24 hours to trade for $0.005178 as of 03:50 a.m. EST.
Trading volume is up 27%, likely attributed to capital overflows into animal-themed tokens as the Bitcoin (BTC) price flirts with almost 2% in gains to move above $63,500.
Besides KITTENWIF, other animal-themed tokens that are rising include Pepe (PEPE) and Cat in a Dogs World (MEW).
The project advertises itself as a transparent team with a long-term vision.
🏅✨ What makes #Kittenwifhat special? It's the first project on @pinkecosystem to gather all 5 badges, making it a serious project with a transparent team and a long-term vision. 💼💡 pic.twitter.com/DCuqlPsPyM
— Pepe Lima (@pplimaa) April 16, 2024
KittenWifHat Price Outlook
The KittenWifHat price is consolidating within a falling wedge pattern, which is technically interpreted as a bullish reversal pattern. The falling wedge pattern occurs when the asset’s price is moving in an overall bullish trend before the price action corrects lower.
Within this pull back, two converging trend lines are drawn. The consolidation part ends when the price action bursts through the upper trend line, or wedge’s resistance.
Among the key features of the falling wedge pattern is the volume, which decreases as the channel converges. Following the consolidation of the energy within the channel, the buyers are able to shift the balance to their advantage and launch the price action higher. At this point, the volume grows as shown in the chart below.
Investors looking to open long positions for the KittenWifHat price should probably wait for a break above the upper trendline. Such a move would draw more bulls to the scene, sending the KittenWifHat price further north.
A decisive candlestick close above the $0.01200 would signify a higher high, setting up KITTENWIF for a new all-time high.
TradingView: KITTENWIF/USD 1-hour chart
On the other hand, if the bears take over the market, the KittenWifHat price could slip below the support offered by the lower boundary of the governing chart pattern.
For the bullish thesis to be invalidated, however, the KittenWifHat price must break and close below the $0.00400 psychological level.
However, cognizant of the negative correlation between the BTC price and cat-themed tokens, forward-looking investors are rotating their capital into SLOTH, a Solana-based meme coin that is offering investors one last chance to buy before exchange listings.
Promising Alternative To KittenWifHat Coin
Slothana is among the hottest tokens on the Solana network right now. Powered by the token SLOTH, it features a 420-friendly sloth with big ambitions.
Investors pumped over $10 million into the Slothana ICO in less than two weeks, as they aim to capture the same early success seen with other Solana meme tokens like SLERF, WIF, and BONK.
🌿💰 Prepare for the rise of Slothana! With our coffers overflowing, it's time to embark on a Sloth crusade to establish a global empire. Slothana's reign is imminent. ⚔️ Anyone who stands in its way will face the wrath of the holy Slothana army! 🚀🦥 #SlothanaEmpire… pic.twitter.com/TyFjlJTL8q
— Slothana (@SlothanaCoin) April 11, 2024
$SLOTH plans listings on both decentralized (DEX) and centralized (CEX) platforms, as requested by its community in a poll.
🚀Thanks to you lazy sloths for casting your votes in our recent poll! 🌿 Your voices have been heard loud and clear, and now it's time for us to get to work on delivering to our loyal followers. Stay tuned as we hustle (well, sloth-crawl) to make it happen! #Slothana #memecoin
— Slothana (@SlothanaCoin) April 5, 2024
There are now a maximum of less than 12 days left before the SLOTH presale closes and there’s always a risk that demand causes it to close its doors early. So, act now if you are interested.
Also Read:
- How to Buy Slothana – SLOTH Presale Review
- 420-Friendly Solana Meme Coin Slothana Raises $10 Million As ICO Clock Ticks Down
- Could Slothana Potentially Be the Next 100x Solana Presale Gem and Surpass SLERF?
- Top 3 Presale Gems with 100x Potential – 5th Scape, Dogecoin20, and Slothana
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