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The MAGA price surged 18% in the past 24 hours to trade at $13.4 as of 7:30 p.m. EST.
The TRUMP pump came as Reuters reported that Donald Trump called himself ”the crypto president” at a fundraiser in San Francisco on June 6.
“He said he would be the crypto president,” Trevor Traina, a San Francisco-based tech executive and former Trump ambassador to Austria, told Reuters.
Trump also said crypto is important and emphasized that he’s very very supportive of the sector, Republican National Committeewoman Harmeet Dhillon told the news agency.
Dhillon added that Trump, who is running against President Joe Biden in elections on Nov. 5, did not offer specifics on his proposed crypto policies.
MAGA Price Prediction: How Are The TRUMP Technicals?
The chart showcases an in-depth analysis of a falling wedge pattern traditionally considered bullish. This pattern occurs when the price consolidates between converging support and resistance lines before breaking out.
Here, the wedge signifies a potential bearish to bullish reversal. The price has broken out from the upper resistance line of the wedge pattern, indicating a bullish reversal. The green upward arrow suggests an expected continuation of this bullish momentum, aiming for the target of around $17.00, significantly above the current price level.
Looking at other indicators, the Woodies Commodity Channel Index (CCI) shows a bullish signal, well above the zero line, indicating that the price is above the average price used in the calculation. On the other hand, the ADX (Average Directional Index) is around 21.55, suggesting a weak to moderate trend. A value above 20 typically indicates some trend strength but is not yet strongly directional.
2-hour MAGA/USDT Chart | Source: TradingView
As the MAGA price surges, experts say that the meme coin WienerAI might be the best cryptocurrency to buy now. Its presale has just blasted past $5 million in funds raised to become one of the most successful ICOs of the year.
Analyst and YouTuber Jacob Crypto Bury says the project has the potential to surge 100X after it launches.
An Alternative To MAGA
WienerAI (WAI) taps two of the hottest crypto niches: meme coins and AI. WAI dreams of a time when an AI-trained wiener dog will be “the universe’s most powerful cybernetic being.”
🌭Wiener AI is on the move!🌭
Big day for our development team. The AI Trading Bot interface is getting closer to completion. pic.twitter.com/AntAqQVnsr
— WienerAI (@WienerDogAI) May 28, 2024
The project has an AI trading bot that helps users look for hidden gems in the cryptocurrency market.
Holders of WAI tokens can also stake them for an annual yield of 219%. The team has set aside 20% of tokens for staking rewards. Each Ethereum (ETH) block will be worth 3,938 WAI.
How staking your $WAI feels.https://t.co/g0LrikQz90 pic.twitter.com/3VneRo9wTq
— WienerAI (@WienerDogAI) May 9, 2024
At the moment, one WAI token costs $0.000716. People who missed the MAGA price pump and are interested to buy WAI should do so soon because the price will increase in less than two days.
Visit the official website to buy WAI tokens here.
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