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The Gigachad price skyrocketed 28% in the last 24 hours to trade at $0.05463 as of 2.45 a.m. EST on trading volume that soared 351% to $54.4 million.
The token’s price traded sideways up until around 10 a.m. EST yesterday when its price shot up from $0.04146 to $0.06555. The surge was so sharp that this price change unfolded in just 5 minutes.
The reason behind the sharp move was Coinbase Assets’ announcement that Gigachad (GIGA) and Turbo (TURBO) have been added to the exchange’s listing roadmap.
As the largest US crypto exchange and one of the world’s biggest crypto trading platforms, Coinbase has a massive influence on crypto prices. The announcement that GIGA will be the next token to be listed on Coinbase resulted in a massive breakout.
Assets added to the roadmap today: Gigachad (GIGA) and Turbo (TURBO)https://t.co/rRB9d3hSr2
— Coinbase Assets 🛡️ (@CoinbaseAssets) December 4, 2024
This was still not the token’s all-time high, however, and its price did encounter a resistance at $0.050 which ended up rejecting it, but the price move was still quite impressive and rewarding for the token’s holders.
Gigachad Price Prediction
The GIGA price skyrocketed after it emerged on Coinbase Assets’ radar, and while it saw a mild correction since then, its price is still significantly higher than it used to be. The big question now is where will it go from here.
The project’s Bollinger Bands show a massive widening at the time of the announcement and in the hours that followed. However, after several hours, the bands saw a sharp tightening, which continued in the late hours of Dec. 4.
Then, around three hours ago, the bands started widening again, as the price started rising. Now stuck to the upper band, the GIGA price has pushed it further up, which might be a result of Bitcoin making history by breaching the $100K mark.
However, while the bands are showing signs of bullish behavior, the token’s Relative Strength Index (RSI) value suggests that the token could soon see a correction. The RSI value has climbed to 70, which is the start of the overbought zone, and typically a signal to traders to start selling.
In terms of price action, this happened just as the project approached the value of $0.054, suggesting that this level will likely act as a strong resistance once again. However, with BTC pulling the market up with its latest surge, plus the holiday season being just around the corner, many expect a new Christmas bull run to kick off at any moment, so this level might not be an obstacle for GIGA for much longer.
Promising Alternative To Gigachad
While Gigachad turned out to be quite rewarding to hold prior to the Coinbase announcement, many are convinced that the new meme coin Catslap (SLAP) will score its own Coinbase listing. This comes ahead of the meme coin’s upcoming listing on the centralized exchange MEXC, which is the 10 biggest platform by trading volume, tomorrow Dec. 6 at 1 p.m. UTC.
Catslap is a meme coin that has a simple mini-game on its website where you click, and the cat slaps — usually, it slaps Pepe, but you can also change it to slap Kamala Harris or Chris Rock. The game was quite amusing on its own, generating over 10 million slaps on its own, which caused the project to celebrate the milestone with a 10 million SLAP token burn.
Then, Catslap introduced a new Slap-To-Earn model where slapping let the user earn SLAP tokens, and the figure went from 10 million to 188.4 million in only a few days.
At around 100 million, the project burned another 100 million SLAP tokens, and the move caused its price to skyrocket to $0.010. Since then, it saw a correction to its current values of around $0.0070, but with its upcoming CEX listing, it wouldn’t be surprising if its price blows up again.
Experts such as YouTuber Jacob Crypto Bury have been quite excited about the project. The YouTuber recently told his 45.9K subscribers that he expects SLAP to be the 100X crypto, and the token’s performance so far definitely shows that it has potential.
Visit SLAP’s official website.
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Catslap (SLAP) - New Cat Meme Coin On Ethereum
- Listed on MEXC
- Featured on Cointelegraph
- Trending on CoinGecko, DEXTools
- 10,000+ Holders
- Slap To Earn Utility
- Token Burns
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