Join Our Telegram channel to stay up to date on breaking news coverage
The Zack Morris price surged 28% in the last 24 hours to trade at $0.05732 as of 4 a.m. EST on trading volume that reached $11.69 million.
The new meme coin was launched by Edward Constantinescu, better known as Zack Morris on X and the co-founder of Atlas Trading. Morris launched a meme coin on the Solana network, naming it after his online handle.
The name Zack Morris comes from a popular character who appeared in several sitcoms, including Good Morning, Miss Bliss; Saved by the Bell; and Saved by the Bell: The College Years.
As a popular character, Zack Morris has plenty of fans, many of whom are now members of the crypto industry, so it wasn’t a big surprise when the new meme coin blew up, especially during the current meme coin craze that has seen many cryptos skyrocket.
Zack Morris Price Prediction
The Zack Morris price skyrocketed yesterday, May 21, going from $0.005 to $0.045, after seeing a brief rejection, the price mostly stabilized around $0.042, which is where it remained, fluctuating between this support and a resistance at $0.043.
However, according to certain technical indicators, this might change soon, and ZACK could be in for another surge.
The token’s Bollinger bands have recently seen a sudden widening which is a bullish sign, and it could signal that traders are ready to start buying again.
However, its Relative Strength Index (RSI) still doesn’t signal the increasing buying pressure. Like the price, the RSI skyrocketed yesterday, heading deep into the overbought zone, only to crash into the oversold area. In terms of value, RSI went from the value of 80 to the value of almost 30 as traders took profit.
The price dip that followed was not as sharp as the drop in RSI value, however, but it was enough for opportunity seekers to buy the dip. Since then, the price has been seeing minor fluctuations, while the RSI remained fairly stable, going between 40 and 60 for the most part.
Earlier today, it saw two spikes up toward the overbought zone, which was likely whale activity, but at the time of writing, it still remains in the neutral zone.
However, this could change at any time, which is why the widening of Bollinger bands might be a hint of what’s to come.
For the price, this could mean that it would return to $0.048, and potentially even head up for the new milestone at $0.050. However, this is currently only speculation, and traders should do their own research before making any move.
A Promising Alternative to Zack Morris
With the entire meme coin market surging, there are many promising alternatives right now. But one analyst favorite is another Solana meme coin called Smog (SMOG).
Smog is a dragon-based meme coin that initially saw interest due to 2024 being the year of the dragon in the Chinese zodiac.
Then, the project announced the greatest airdrop in Solana’s history, splitting it into multiple seasons. Season 1 has already ended after $1 million in giveaways, but Season 2 is still ongoing, and it is not too late for people to join and participate.
All that is required is to collect XP, which is received from buying and trading SMOG, or through completing various community quests.
#Dragons, prepare yourselves for the imminent debut of $SMOG on an exchange! 💰
Finish all your daily tasks and accumulate as many points as possible before Season 1 concludes! 📊#SmogSwap in Season 2 will prioritize on-chain #Trading! 🔄
Keep an eye out for updates! 📣
— SMOG (@SMOGToken) March 28, 2024
Once the current season ends, users will receive a portion of the airdrop, which will depend on how much XP they managed to collect.
Holders can also stake tokens for a stellar 42% annual return.
With the project hinting that a new top-tier exchange listing is in the works, now might be a great time to buy before the hype around that development kicks in.
The project is even making it easier for people to obtain SMOG tokens by offering them at a 10% discount on its website.
Visit the SMOG official website to buy tokens here using ETH, USDT, or credit and debit cards.
Related Articles:
- Smog Token Makes Airdrop Payments After 11 Million Quests Completed
- $SMOG Amasses 110,000 Holders And 7.5 Million Completed Zealy Quests Ahead Of $1M Airdrop And CEX Listing
- Best Meme Coins To Buy Today
Smog (SMOG) - Meme Coin With Rewards
- 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
Join Our Telegram channel to stay up to date on breaking news coverage
