Is It Too Late To Buy MOTHER? Mother Iggy Price Skyrockets 30% And This Might Be The Next Crypto To Explode

The Mother Iggy price surged 30% in the last 24 hours to trade at $0.1276 as of 5 a.m. EST on trading volume that jumped 26% to $35.4 million.

Mother Iggy (MOTHER) is a Solana-based project launched by rapper Iggy Azalea earlier this year. Lately, the project has been trending after the announcement that November will bring the launch of an online casino, Motherland.

With the casino’s potential to attract even more users for the token, its volume has been spiking, and its price followed the same trajectory.

Excited to officially announce Motherland, a new online casino 🫶

Motherland is releasing in November and will be powered by $MOTHER 🍑✨

A wide variety of casino games will be included: slots, blackjack, roulette, and poker. Players will enjoy live dealer games, tournaments,… pic.twitter.com/34NB4tsW5p

— $mother (@MOTHERprovides) September 20, 2024

The project’s announcement added that Motherland will be powered by the MOTHER token and that it will offer a wide variety of casino games, including slots, blackjack, roulette, and poker. Players will also be able to access tournaments and sports betting, live dealer games, and more.

In response, its price, which was already seeing a steady increase that started on September 9, surged even more, going up by over 225% compared to its value last month.

Mother Iggy Price Prediction

As mentioned, the MOTHER token has seen a sizable price surge, but since then, its value has encountered an obstacle at $0.13 that seems to be holding it from moving further up. The token first hit this resistance about five hours prior to the time of writing. Since then, the resistance rejected the Mother Iggy price, only for it to return to it and try to breach it again.

However, technical indicators suggest that this is unlikely to happen. The project’s Bollinger bands have sharply narrowed, and even though the price is currently trying to push the upper band, the narrowing is taken as a bearish signal.

In addition, the project’s Relative Strength Index (RSI) value has ventured far into the overbought zone a few hours ago, which caused many of the traders to start selling. The RSI then dropped toward the neutral zone, only to start climbing again. At the time of writing, it sits at 63.73, but the traders seem to be hesitating to push further, which might suggest that another sell-off might be coming as soon as the RSI approaches the value of 70.

For the time being, the price is pushing against the resistance at $0.13, but it is likely that another rejection will come in the following hours, potentially taking the asset to the support at $0.11. However, a strong, market-wide rally or a strong fundamental catalyst could potentially make the traders more bullish, causing the resistance to break, so traders should keep an eye out for such developments.

Promising Alternative To MOTHER

Mother Iggy has hit a strong resistance and that makes the token a risky choice right now. Traders might thus consider as an alternative Pepe Unchained (PEPU), a Pepe-inspired meme coin whose ICO is one of the top-performing presales of the year.

The project recently hit a massive milestone of $15 million raised, and since then has already climbed to $15.3 million.

The reason why PEPU grew so big is the fact that it is the first Pepe-inspired meme coin to have its own blockchain — an L2 chain that allows it to operate much better than the original Pepe, which is bound by Ethereum network’s limitations.

Such limitations include high transaction fees, the lack of scalability, and slow transactions, with long waiting times.

Pepe Unchained — Groundbreaking Layer 2 Blockchain technology.

Welcome to the future of meme coins. 🐸 pic.twitter.com/iC9b6YSynT

— Pepe Unchained (@pepe_unchained) September 6, 2024

Thanks to its own chain, PEPU is faster, cheaper, and able to scale. It can also offer instant bridging between its own chain and the ETH network, a dedicated block explorer, a custom-built DEX, and the PEPU Foundation for developer grants.

All of this, and more, attracted people to the project, which some say could even overtake the original Pepe. Its potential even attracted experts, such as a major crypto YouTuber with over 130k subscribers, ClayBro, who called it the top meme coin to buy now.

The project’s token, PEPU, sells for only $0.00985,letting you by it for less than a cent per token. It is available in exchange for ETH, USDT, or BNB, or you can purchase it with credit or debit cards.

Visit the official PEPU website here.

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