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The Mother Iggy price surged 18% in the last 24 hours to trade at $0.183 as of 03:38 a.m. EST on trading volume that dropped 20% to $48 million.
This comes as Australian rapper Iggy Azalea escalates a clash with Ethereum co-founder Vitalik Buterin.
threadcast ep 11: iggy azalea
01:04 intro to crypto
02:51 how she got here
08:26 0-1 crypto moment
11:35 celebrity rugs
15:00 sahil (lmfaoo)
18:00 her brother
22:40 mother timeline
27:30 understanding attention
29:30 who’s running her account
30:25 helping other… pic.twitter.com/gsjJk0C3KW
— Threadguy 👑 (@notthreadguy) June 8, 2024
Azalea questioned what Buterin does with the gas fees Ethereum users pay to transact on the network. That came after Buterin last week criticized celebrity tokens like Azalea’s newly-launched MOTHER token for their lack of utility and absence of a greater-good purpose.
“I’m not mad at this man’s opinion,” she said. “Whatever. I question what you are doing with gas money. It’s so rich of you to have an opinion on charities and hospitals, whatever, but let’s talk about the gas fees.”
Mother Iggy Price Bulls Aim For A Breakout Over The Ascending Triangle
After hitting its all-time high (ATH) of $0.2306 on June 6, the Mother Iggy price retraced to the support level of around $0.11, data from GeckoTerminal shows.
MOTHER looks poised to soar, with the token price trading above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a confirmation of the bullish potential.
Moreover, the Relative Strength Index (RSI) is trading above the 50-midline level as it hurtles towards the 70-overbought region, a signal that investors need to buy more as there is intense buying pressure.
The Moving Average Convergence Divergence (MACD) also opens up positions for optimistic investors to buy, with the MACD line (blue) crossing above the signal line (orange), forming a bullish crossover. With the green bars starting to form over the neutral line, MOTHER is set to rally through positive momentum.
The Average Directional Index (ADX) trades up, above level 25, currently at 29, showing that MOTHER is currently on a positive momentum.
The Mother Iggy price analysis on the 1-hour chart shows a bullish bias, with the bulls aiming at pushing the token towards a new ATH at $0.35, capitalizing on the ascending triangle pattern.
However, if the bears exert pressure at this level, the price may retrace back to the support level of around $0.12, which coincides with the 200-day SMA.
As the MOTHER price bulls aim for higher ground, investors are also bullish about Sealana, a new Solana meme coin that has already raised over $3 million in its presale. It’s now offering a last chance to buy.
Sealana Presale Raises Over $3 Million – Last Chance To Buy Before Presale Ends
Sealana (SEAL) is based on a chubby seal who was once a sleek and agile character. He’s become messy and obese with an insatiable appetite for junk food as he chases the next big Solana meme coin.
#Sealana has got some big news for y'all today! 🦭🍻 After a long night of drinking, doin' American $SEAL things 🇺🇸 and blacking out! 😵 He woke up with some real mental clarity and made the call that the #Presale's gonna end on June 25th at 6 pm UTC! ⏰
You know what that… pic.twitter.com/va7W8abVjb
— Sealana (@Sealana_Token) June 6, 2024
SEAL started life as a Solana-only coin but has since expanded its reach by going multichain with a BNB Chain version of the token. You can also purchase SEAL on the Ethereum network, widening its appeal across crypto communities.
New Meme Crypto ‘Sealana’ Attracts Whales As Solana Price Recovers.
#SolanaMemecoin pic.twitter.com/zqP73U7Mk3— TechStory (@TechStoryin) May 5, 2024
According to CryptoBoy, a prominent crypto analyst and YouTuber, $SEAL has the potential to surge 100X after launch.
With the presale wrapping up on June 25 at 6 p.m. UTC, interested investors shouldn’t wait too long before buying the token.
To participate in the presale, visit the official website to buy SEAL tokens here. One $SEAL costs $0.022.
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