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The Sad Hamster price has jumped by 50% over the last 24 hours to trade at $0.025674 as of 6:10 p.m. EST, topping the trending charts on CoinGecko.
top 1 trending on coingecko? $HAMMY pic.twitter.com/8SB6jO0mxB
— Higher (@0xXochitl) July 26, 2024
Sad Hamster Price Review: Where is HAMMY Headed?
Looking at an in-depth analysis, we see that the Sad Hamster price has recently spiked, reaching a high of $0.02527 and then retracing slightly. The current price shows a slight upward movement from its recent low of $0.02508.
The Alligator indicator lines are intertwined, suggesting that the market might be consolidating. The recent price movement is above the Alligator’s lips, teeth, and jaw, which might indicate a potential bullish breakout if the price sustains above these levels.
The volume shows a spike correlating with the price surge, indicating strong buying interest during the price increase. However, volume has slightly decreased during the consolidation phase.
On the other hand, the Money Flow Index (MFI) is in the overbought zone (above 80), indicating that the asset might be overbought, and a potential correction could be on the horizon.
The Sad Hamster price is above the Alligator’s lips, teeth, and jaw, suggesting a potential continuation of the upward trend if the price remains above these levels. The upward trending SMA and recent price spike with high volume are also bullish indicators.
The MFI indicates that the asset is in the overbought zone, which might lead to a pullback or correction. The intertwined Alligator lines suggest market indecision and consolidation, requiring confirmation of a breakout or breakdown.
Traders should watch for sustained price movement above the Alligator indicator’s lines and observe the MFI for any signs of a trend reversal. Monitoring the volume for any significant changes could provide additional confirmation of market direction.
15-minute HAMMY/USD Chart | Source: TradingView
While investors wait to see if the Sad Hamster price will keep pumping, the Pepe Unchained (PEPU) presale has soared past $5.7 million in funds raised.
A Good Alternative To Hammy
Pepe Unchained is a big upgrade on PEPE, which hasn’t been able to reach its full potential because the Ethereum network is so congested, slow and expensive.
That’s why PEPU comes complete with its own Layer 2 chain on Ethereum as it becomes ”unchained” from Pepe’s clunky blockchain.
It’s thus tackling the scalability, speed, and efficiency issues that often plague meme coins built on Layer-1 blockchains like Ethereum. As a result, Pepe Unchained enables investors to seize market opportunities with greater efficiency.
It will be possible to make transactions 100 times faster than with Ethereum, and the fees will be a lot less.
It’s easy to see why the 99Bitcoins YouTube channel says PEPU has the potential to 10x after launch.
Holders can stake PEPU tokens for an eye watering annual return of 341%
Unbelievable milestone! $5.5M raised! 🎉
Thanks to your unwavering support, Pepe Unchained is reaching new heights! pic.twitter.com/kKKn0fqy6g
— Pepe Unchained (@pepe_unchained) July 26, 2024
PEPU can be bought with ETH, BNB, USDT, or a bank card for $0.0086996. Those interested to invest should do so before a price hike in less than 2 days.
Purchase PEPU tokens on the official website here.
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