ANDY ETH Price Prediction: ANDY Is The Top Meme Coin Gainer With A 25% Pump As This DOGE Derivative ICO Explodes

The ANDY ETH price is up 25% in the past 24 hours to trade for $0.0002112 as of 02:31 a.m. EST.

With these gains, the ANDY price has climbed 305% in the last 30 days, and it’s the top gainer today among the biggest 100 meme coins by market cap.

ANDY ETH outperformed sector titans today including Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE), which are down 1.6%, 1.99%, and 0.95%, respectively

The meme coin sector’s market capitalization fell almost 2% to $51.8 billion.

Crypto prices dropping, hold my memecoins! 📉

— Juliusturesson (@Juliusturesson1) June 17, 2024

The surge for the ANDY token comes amid the frenzy about Ethereum spot ETFs (exchange-traded funds), a narrative that continues to drive the market. The latest euphoria comes as Bloomberg’s senior ETF analyst Eric Balchunas updated his spot ETH ETF prediction, saying, “We are moving up our over/under date for the launch of spot ether ETF to July 2nd.”

UPDATE: we are moving up our over/under date for the launch of spot Ether ETF to July 2nd, hearing the Staff sent issuers comments on S-1s today, and they're pretty light, nothing major, asking for them back in a week. Decent chance they work to declare them effective the next… https://t.co/XJZ8JLwEFF

— Eric Balchunas (@EricBalchunas) June 14, 2024

The revision comes after the recent light comments from the US Securities and Exchange Commission (SEC) on issuers’ S-1 filings. With this, Balchunas believes there is a decent chance the financial regulator will approve the filings in the last week of June, as it aims to finalize them before the holiday weekend.

This speculation is boding well for low cap Ethereum coins like ANDY, with projects linked to Ether likely to benefit.

ANDY ETH Price Prediction

The ANDY ETH price is trading with a bearish bias despite the 25% gains made on Monday. It is consolidating within a bearish technical formation, the falling wedge channel. As long as the altcoin remains within this bearish governing pattern, it is bound to record more losses for ANDY holders.

Nevertheless, with the Relative Strength Index (RSI) still above the mean level of 50, the ANDY bulls are still in control. The position of the Moving Average Convergence Divergence in positive territory also reinforces the bullish supposition.

If the gains increase and the ANDY ETH price breaks and closes above the upper boundary of the channel, it would encourage more buy orders. Traders looking to long ANDY should probably wait for confirmation, marked by a candlestick close above $0.0002418.

To confirm the continuation of the uptrend, however, the ANDY ETH price must shatter the two equal highs at $0.0003028 and $0.0003115 levels respectively. Overcoming these formidable barricades would set the pace for an extended move north, with the ANDY ETH price likely to reclaim the $0.0003816 range high. Such a move would constitute a 92% climb above current levels.

GeckoTerminal: ANDY/USD 1-day chart

On the flip side, with the RSI recording lower highs and the MACD below its signal line (orange band), the upside potential for the ANDY ETH price could be under risk. A candlestick close below $0.0001783 in the one-day timeframe would confirm the continuation of the downtrend.

Meanwhile, investors are pivoting to PLAY, a new Dogecoin derivative that crypto YouTuber Jacob Bury says could be the next 10X potential meme coin.

Promising Alternative To ANDY ETH

PlayDoge (PLAY) is a mobile-based P2E game out transforms the iconic Doge meme into a Tamagotchi-style virtual pet.

PlayDoge brings the legendary Tamagotchi virtual pet concept into the new digital economy of crypto. Ecosystem participants play through classic 8-bit side-scrolling adventures while embracing ’90s nostalgia to earn crypto.

You enjoy monetary incentives based on how well you can care for your pet, with rewards paid in PLAY tokens.

The project runs on the BNB chain, delivering perks such as lower fees and faster transactions. The BNB chain is also famous for ecosystem support, interoperability, scalability, and community adoption.

PlayDoge exploded onto the scene after raising $200,000 within minutes of the start of its presale back in late May. As it stands, investors have already sent more than $4.6 million to the project in less than three weeks.

PLAY tokens are priced at $0.00509 each. Interested investors should buy now because the price tag will increase in less than 22 hours.

Visit and buy PlayDoge tokens here.

Also Read:

• How to Buy PlayDoge – $PLAY Presale Review
• PlayDoge Price Prediction – PLAY Price Potential in 2024
• Meme Coins Flash Crash As Pepe, Dogwifhat, And Shiba Inu Plunge Amid 8% Sector Slump
• Best Altcoins to Invest In: Unveiling Top Picks for Maximum Returns!