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The Catwifhat price pumped 36% over the past 24 hours to trade at $0.0000008725 as of 7:00 p.m. UTC.
The pump in the CWIF meme coin’s price can be attributed to recent listings on several crypto platforms that boosted investor interest.
Days like today remind you no one is doing it like the cat that burns 🐈⬛🔥
Thanks @CoinMarketCap, @coingecko, @solanafm, @solscanofficial, and @birdeye_so for being $CWIF's biggest supporters with recent Circulating Supply & Market Cap verifications 🥰 (trending on @birdeye_so) pic.twitter.com/PTPqdPac7F
— catwifhat $CWIF (@catwifhatsolana) May 12, 2024
Catwifhat Price Prediction: Will CWIF Pump Further?
Analysing Catwifhat price charts, we see that the meme coin has been trading in a bullish channel, making higher highs and higher lows, which is indicative of a short-term uptrend. The meme coin has now reached crucial resistance levels where the price is now cosnolidating. Should the Catwifhat price break past the resistance level, we could see a pump to new highs.
The prospects of a pump are supported by the ADX (Average Directional Index), which stands at 31.14, indicating a strong bullish trend. Its northern trajectory further fortifies the bull sentiment as it suggests building buying pressure.
2-hour CWIF/USDT Chart | Source: TradingView
Catwifhat Price Prediction: CWIF’s Bearish Scenario
With the meme coin now trading within the resistance level, should bulls fail to break past the level, we could see a drop baack to previous support levels. This might happen as holders will look to sell for profits.
This gains a little backing from the MFI (Money Flow Index), which holds a value of 55.29, slightly above the mid-point (50). This suggests that buying pressure is moderate and the market is neither overbought nor oversold.
Still, with its trajectory headed south, there could be a pull back in the short term.
As the Catwifhat price pumps, Solana’s newest meme coin, Sealana ($SEAL), has raised almost $500k in just eleven days since its launch. Crypto analyst and YouTuber Jacob Bury says it has the potential to 10x on launch.
Sealana is a character based on the famous Gamer Guy from South Park. He represents the idler in all of us, a digital warrior who munches on chips while staring at a computer screen dreaming of riches.
Solana And Sealana
Solana is quickly becoming the go to blockchain for meme coin projects. With over 1.15 million daily users and almost $4 billion in locked-in value, the SOL meme coin ecosystem is a force to be reckoned with.
The platform’s promise has been shown by a recent wave of popular meme coins, including giants such as DogWifHat ($WIF), Bonk ($BONK), Book of Meme ($BOME), and Popcat ($POPCAT).
#Sealana, making #Memecoins great again! 🇺🇸
Manifesto
1⃣ No Frogs 🐸
2⃣ Less Hats 🧢
3⃣ Many Whales 🐳
4⃣ Zero Rugs 📉
5⃣ More $SEAL 🦭 pic.twitter.com/FEImgpWxWz— Sealana (@Sealana_Token) May 7, 2024
Now SEAL aims to be the next SOL meme coin star. Judging by the steep trajectory of its presale so far, its dream just might come true.
SEAL is a ”send SOL” ICO that doesn’t have a hard cap, timer, stages, or even a white paper.
All you need to do to buy $SEAL tokens is click here. After the presale ends, tokens will be sent to buyers by airdrop.
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