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The Solympics price skyrocketed 350% in the last 24 hours to trade at $0.003470 as of 03:55 a.m. EST on trading volume that surged to $4.89 million.
The new Solympics meme coin on the Solana blockchain aims to establish itself alongside other major blockchain titans.
Solympics Price To Continue Its Surge To A New ATH
The Solympics price soared after its launch yesterday to $0.0019 before going on a correction to find support at $0.000795, according to data from GeckoTerminal. The price of Solympics then rebounded to form a rounding bottom pattern, which the bulls then used to push the token up, recording an all-time high at $0.0042.
SOLYMPICS price bulls are looking to push the price up, capitalizing on the rounding bottom pattern, as the asset continues to trade above the 50-day Simple Moving Average (SMA).
Moreover, the Relative Strength Index (RSI) trades up within the overbought region at 76, which shows continued optimism from investors. The RSI trading within the overbought region also shows that the token is currently overvalued, which may prompt sellers to start booking profits.
If sellers start selling and take control of the price, the price may first consolidate within the $0.0035 range before retracing back to the $0.0020 support zone.
However, if the bulls continue with the upward trajectory, capitalizing on the rounding bottom pattern, they could propel the price up to a new ATH at $0.00456.
Meanwhile, investors are also rushing to buy another Olympics-themed token called The Meme Games (MGME), which has already amassed over $225K in less than a week after its launch.
According to Jacob Bury, a popular crypto analyst on YouTube, $MGME has the potential to surge 10X after its launch.
The Meme Games Presale Garners Over $225K In 6 Days – Best Meme Coin To Buy Now?
The Meme Games project draws inspiration from the 2024 Olympics, blending crypto meme coin enthusiasm with the spirit of athletic competition.
The project is an innovative gamified meme token that combines popular crypto meme coin characters. This unique concept rewards presale buyers with token bonuses for winning events, which adds an exciting competitive element.
CRYPTO BREAKING NEWS
The Meme Games raises over $100K on opening day of presale. The Meme Games presale raises over $100K in its first 24 hours, capturing attention in the booming memecoin sector. #partnercontent check us out @ https://t.co/8dh137buUp pic.twitter.com/YwzyP2glE4— InnovatekMobile (@Neome_com) July 17, 2024
Participants in The Meme Games presale can choose between Dogecoin, Pepe, DogWifHat, Brett, and Turbo and watch as they compete for gold medals.
Token holders also have a chance to earn passive income from the project’s staking mechanism, which offers an annual percentage yield (APY) of 1,137%.
You can buy $MGME tokens now for $0.00905 each. With a price hike coming in less than three days, buy soon to lock in the best deal.
To join the presale, buy $MGME from the official website here using ETH, BNB, USDT, or a bank card. Buy now to win a 25% bonus on your investment.
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