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The Meme Ai price pumped 10% in the last 24 hours, reaching $0.0023 as of 6 AM EST on trading volume that skyrocketed 1,900% to $3.28 million.
The token, inspired by an Elon Musk tweet on the impact of memes, has been on a rollercoaster ride since launch less than two weeks ago.
Meme Ai Price Prognosis
MEMEAI price saw some relatively strong volatility in the last 24 hours, but despite this, it appears that the market’s overall bullish sentiment is pulling the token’s price back up.
This is also confirmed by several technical indicators which suggest that MEMEAI could soon break the resistance at $0.0024 and make a new daily high.
One of the indicators suggesting that the price will continue to go up is the token’s Relative Strength Index (RSI) score, which shows the level of 50.87.
This shows that the price is currently in the neutral zone, although the fact is that this value represents a major increase of the RSI level, which sat at 35.24 only a few hours ago.
In other words, the RSI level is on the rise, which brought it to the neutral zone, but that does not mean that it will remain there.
The token has seen a slight widening of the Bollinger bands, which is another encouraging factor that suggests that a new bullish wave is coming.
While Meme Ai’s previous attempt to push past the resistance at $0.0024 was only briefly successful, allowing it a single short-term spike up to $0.002637, the token now has an opportunity to go beyond this and potentially turn the resistance at $0.0024 into a new support that could allow it to climb higher.
Promising Alternative to Meme Ai
While Meme Ai is at the center of market attention right now, opportunity seekers might find Meme Kombat (MK) to be an even better project..
MK seeks to dominate the meme coin landscape with a new platform offering regular meme battles for users to bet on.
It also allows users to stake MK tokens, which will be useful to those who wish to make an earning without risking their tokens, and don’t mind earning over a longer period of time.
MK has garnered strong support from investors, and trackers have recently noted some whales making purchases as high as 3.04 ETH.
A few big buys came into the presale over the last day💥
Let's keep pushing to $8 million🚀 pic.twitter.com/4N6I2M6VCw
— Meme Kombat (@Meme_Kombat) January 21, 2024
The platform was designed to reward all of its users for their loyalty and participation, and all that is required to become a participant is to get some MK tokens.
You can do this right now by joining the token’s still ongoing presale. MK tokens are selling for $0.279 per piece, and so far it’s raised $7.37 million as it closes in on its next big milestone of $8 million. You can obtain MK tokens in exchange for ETH or USDT.
$7.3 million raised and one step closer to our goal🥊
How are you feeling this Monday? pic.twitter.com/rn1LNcqsKv
— Meme Kombat (@Meme_Kombat) January 22, 2024
Visit and buy Mk here.
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