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The KittenWifHat price soared 34% in the last 24 hours to trade at $0.0060 as of 03:25 a.m. EST on trading volume that dropped 18% to $3.9 million.
This comes as the token amasses a huge following, having been listed on Trust Wallet. The listing makes it easier for traders to trade the token, which could help support the rally.
KittenWifHat Price To Continue Surging Over The Falling Wedge
The KittenWifHat price, just after launch, climbed to as high as $0.013 before going down through a retrace to support around $0.005. The bears then tried to win the fight for dominance at this level, with KITTENWIF climbing to $0.0071.
KittenWifHat then dropped to as low as $0.0042, forming a rounded bottom, as the bulls fought again to rally the price, which has been on an uptrend from the lower boundary of the falling wedge pattern, as it crosses above the upper boundary.
KITTENWIF is trading above both the 50-day and 200-day SMA, a confirmation of the bullish potential to the upside.
Additionally, the Relative Strength Index (RSI) is climbing up towards the 70-overbought region, showing that KITTENWIF is under intense buying pressure. If the price crosses above the overbought region, it could indicate continuous investor optimism.
The Average Directional Index (ADX) is also moving up, currently at 40, showing that KITTENWIF is on a very strong bullish trend.
KittenWifHat Price Prediction
The KittenWifHat price analysis indicates that the KITTENWIF bulls are staging a bullish trend reversal over the falling wedge pattern. The RSI and the ADX provide positive investors with some bullish prospects, which could potentially soar the price even higher.
With the price set to soar even higher, the bulls are targeting $0.013, a 120% increase from the current price.
However, RSI soaring past the overbought region could indicate an incoming price correction. In an instance where the bears exert pressure at this level, the price could go through a retrace back to the support around $0.0042.
As the KittenWifHat price soars, other investors are buying Smog as it hints at another centralized exchange (CEX) listing in the near future.
SMOG: The Best Meme Coin To Buy Now
Since its launch, Smog has consistently impressed investors and attracted the attention of crypto lovers, vowing to reward investors with the largest ever airdrop in the Solana ecosystem.
One #Memecoin to rule them all! 🚀
Get ready for the greatest #Airdrop in history, distributed on #Solana. 💰
Join #SMOG on Zealy! 🔥
Link in Bio 🔗 pic.twitter.com/vsn4p5cSF4
— SMOG (@SMOGToken) February 8, 2024
Such massive interest has continued to garner more attention, especially after its MEXC listing on April 4, which gave investors easier access to the token. According to the team, the listing paves the way for another top-tier exchange listing soon.
We're thrilled to announce that the @SMOGToken Kickstarter has concluded and $SMOG will be listed on #MEXC!
🔹Deposit: Opened
🔹SMOG/USDT Trading in the Innovation Zone: 2024-04-04 09:00 (UTC)Details: https://t.co/3ecyvrTv2n pic.twitter.com/kvgoFiYOib
— MEXC (@MEXC_Official) April 4, 2024
The first season of the token’s airdrop ended on April 3, with the team giving away $1 million worth of tokens to holders. Season two of the airdrop is now underway, with the main focus being on on-chain and trading activity.
Smog also offers a staking mechanism that offers an annual percentage yield (APY) of 42%.
Buy or stake your ERC-20 $SMOG #Tokens through our platform. 💰🐉
Staked tokens are securely locked for 90 days, with rewards available for withdrawal at your convenience. 🔒💸
Every token purchased via our service is automatically staked for you. 🔄
— SMOG (@SMOGToken) February 22, 2024
Jacob Bury, a popular crypto YouTuber, believes that Smog has the potential to be the next 1000X token.
The developer has hinted that the listing on MEXC may open the door for another top-tier exchange listing soon that will expose Smog to an even wider investment base.
The best place to buy Smog tokens is on its official website here, where there is a 10% discount while the offer lasts.
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