CatGPT Price Prediction: CATGPT Plunges 32% In A Week As Investors Pivot To This New Canine-Themed Meme Coin Competitor For Parabolic Potential

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CatGPT price
CatGPT price

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The CatGPT price has plunged 32% in the past week and almost 1% in 24 hours to trade for $0.002806 as of 04:43 a.m. EST as trading volume slumped 38%.

This comes as token holders cash in on the gains made ahead of the hype related to its listing on the BitMart exchange on April 27.

It also follows hype around the CATGPT airdrop for MOEW holders, allocated to 3000 Bitget wallet users who hold MOEW.

The token was also listed on the LBank exchange. Up to $5,000 in CATGPT tokens were distributed in a deposit competition that ended on May 1. The ongoing dump comes as participants continue to sell their allocations.

CatGPT Price Prediction

The CatGPT price is trading with a bearish bias, suffering the weight of growing overhead pressure. To the upside, the centerline and the upper bands of the Bollinger indicator offer resistance at $0.001594 and $0.002091 levels respectively.

The position of the Relative Strength Index (RSI) below the 50 mean level shows the market is favoring the downside. With the RSI subdued and the Awesome Oscillator (AO) in negative territory, bearish sentiment continues to abound in the CATGPT market.

With this, the altcoin could continue consolidating in a horizontal chop.  In a dire case, CATGPT price could descend to clear the range low of $0.001283, or worse, record a new lower low.

CatGPT price

TradingView: CATGPT/USDT 3-hour chart

On the flip side, a closer look at the RSI shows a slight deviation to the upside. This coupled with the green histograms of the AO that are edging toward positive territory, shows the bulls are putting up a fight.

With the lower band of the Bollinger indicator providing support, the CatGPT price could bounce atop it in a bold attempt at a bullish breakout. To confirm the continuation of the uptrend, however, the CatGPT price must foray into the supply zone between $0.002623 and $0.002987 and close above its midline, the mean threshold, at $0.002806.

To invalidate the bearish thesis, the CatGPT price must extend the climb, break, and close above the $0.004078 on the three-hour timeframe.

Elsewhere, investors are already pivoting to WienerAI (WAI), an AI meme coin hybrid that YouTuber Crypto Boy says has 100X potential after launch.

Promising Alternative To Cat GPT

WAI is the token that powers the WienerAI ecosystem. It’s already raised more than $805k as it cleverly combines two of the hottest niches in the crypto sphere: meme coins and AI tokens.

But you get more laughs on WienerAI than with your bog standard AI coin and more utility with its WAI token than most meme coins would offer.

It’s AI offering is the most advanced and beginner-friendly crypto trading bot ever, with predictive technology, a simple yet comprehensive interface, and loads of functionality, says the development team.

WienerAI’s goal is to help put crypto traders ahead of the game by giving them advantages over other traders.

“Simply ask the bot a question related to your crypto investment needs, and WienerAI will use its predictive technology to scour the markets in search of a winner,” says its website. “Once a winner is found matching your queries, WienerAI delivers unbiased analysis and reasoning.”

WAI token holders can also stake their holdings for lucrative rewards, with an annual return of 1,252% right now. More than 826 million WAI tokens are already staked.

All this is in the spirit of emulating and surpassing the success of other top dog-themed meme coins like Dogecoin or Shiba Inu.

It’s somewhat similar in concept to another recent project, Scotty the AI ($SCOTTY), which raised $10.8 million in just two weeks.

Buy And Stake WAI Tokens

As a WAI holder, you have a chance to stake $WAI for a bumper 1,169% annual percentage yield (APY). The development team has set aside 20% of the 69 billion token supply for staking rewards. So far, over 885.7 million WAI tokens have been staked.

WAI tokens are currently selling for $0.000703. With a price hike coming in less than three days, those interested should buy soon.

Visit and buy WAI tokens here.

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