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The Panda Swap price exploded 115% to trade for $0.008960 as of 05:18 a.m. EST time.
Trading volume for the PANDA token is up a striking 515%, indicating explosive interest in the revolutionary DEX swap platform’s token that runs on Solana. Citing one user, “The network’s responsiveness to user needs and the fact that it focuses on improving the trading experience reinforces my positive opinion of the coin.” This explains why PANDA is among the top trending coins of the day.
Here are the trending #Cryptos of the day!✨
✅Fetch Ai ( $FET ) – @Fetch_ai
✅Dragonball Z Tribute ( $DBZ ) – @DBZ_tribute
✅Pepe ( $PEPE ) – @pepecoineth
✅Panda Swap ( $PANDA ) – @PandaSwapSol
✅Realio Network ( $RIO ) – @realio_network
✅Book of Meme 2.0 ( $BOME ) -… pic.twitter.com/MQANJ4ThKi— TheNewsCrypto (@The_NewsCrypto) March 29, 2024
Another possible driver for the PANDA token is anticipation for a listing on BitMart exchange.
✨Upcoming New Listing✨
🤩 #BitMart is thrilled to announce the upcoming listing of PANDA ($PANDA) @PandaSwapSol!
💎 $PANDA revolutionizes Solana's lightning fast trading landscape with our groundbreaking DEX SWAP. Expect unparalleled solutions and witness the emergence of a… pic.twitter.com/ke3tF7Jd5p
— BitMart (@BitMartExchange) March 22, 2024
The ‘buy the rumor sell the news’ situation is at play, with the Panda Swap price likely to crash once it goes live on exchanges.
Panda Swap Price Prediction Amid Expectation Of BitMart Listing PANDA Token
The Panda Swap price looks poised for a correction on the daily timeframe, but lower timeframes show it is already happening. Based on the Fibonacci retracement indicator, the Panda Swap price could drop almost 20% to find support at the 50% Fibonacci placeholder at $0.007117.
Multiple technical indicators support this outlook, starting with the dropping Relative Strength Index (RSI). This shows buying momentum is falling. The histogram bars of the Moving Average Convergence Divergence (MACD) are also paling, a sign of a weakening bullish trend. Also, the volume indicator is also dropping, accentuating this supposition.
In a dire case where the 50% Fibonacci placeholder fails to hold as support, the Panda Swap price could extend the fall to the bottom of the market range at $0.002895.
TradingView: PANDA/USD 1-hour chart
On the other hand, considering the MACD is still moving above the orange band of its signal line, the upside potential is not all lost and the bears could still recover.
If the bulls are able to haul the Panda Swap price above $0.01134, flipping it into support, the bearish thesis would be invalidated. Meanwhile, experts predict SLOTH is the next Solana meme coin to follow Bonk’s success.
Promising Alternative To Panda Swap
Traders are pouring millions into SLOTH, a new ICO on Solana. It is trying and recapture some of that early potential of the network’s established funny tokens like Slerf, DogWifHat, and Bonk. Like its peers, Slothana exploded at launch, raising over $600k within a day after its announcement. And over $500k within hours of going live.
⏰ Tired of the 9-5? So is Slothana!🦥Our office sloth is ready to ditch the daily grind and embrace the world of crypto trading. No more getting high on herb, just high on profits! Send SOL to help our sloth go from 420 couch surfer to $420m crypto chad! #slothana #memecoin
— Slothana (@SlothanaCoin) March 25, 2024
Meme coin-watching channels are ablaze with buzz that Slothana is from the same team that launched Smog (SMOG), which rallied more than 30x for many early investors after listing. Only days after launching a ‘send SOL’ style presale, SLOTH sales have already gone past $2.3 million, and that figure is swelling by the minute!
SLOTH is the powering token for the Slothana ecosystem. It is the choice meme coin for beginners and armatures alike. Its limited utility and funny memes present it as a project with the best and the worst traits of the crypto market. Nevertheless, the project distinguishes itself with a no-timed presale model, while at the same time clinging to the high gain potential that its peers recorded before it.
🌿🦥 Wow! Sloth's jaw is dropping at the SOL flooding in from our slovenly supporters! 😱 What a bunch of lazy legends! Let's take Slothana to the moon! 🚀 And remember, only send from your onchain wallets – Sloth can't airdrop to exchanges!💸🙅♂️ #Slothana #MemeCoin #LazyLegends
— Slothana (@SlothanaCoin) March 28, 2024
Slothana Price To Benefit From Bitcoin Rally Alongside Solana
With the Bitcoin price showing strength, and with it Solana price, which is up 5% on the week, Slothana could enjoy massive capital inflows. This is likely as investors ride the longstanding Solana meme coin narrative. The same was seen among the more established Solana meme coins such as WIF and BONK. The gains could extend in April, the BTC halving month, which is expected to propel cryptocurrency markets further.
🚀 Solana: SOL To Reach $250 Before Bitcoin Halving?
🔥 Solana's growth in DeFi, NFT, and Web3 markets is undeniable since its launch.
💼 Many projects are being developed on the Solana network, boosting SOL's price.
⏳ With Bitcoin Halving approaching, analysts project SOL…
— Andy P (@AndyPart23) March 28, 2024
Head to the website to check out the project. To purchase $SLOTH, send SOL to this address. There is also a handy widget on the Slothana website accepting SOL swaps by connecting your Phantom or other self-custody wallet. One SOL buys 10,000 $SLOTH, which means each token has an approximate price of $0.018599 at the time of writing, although this will rise as the presale progresses.
🚀 Exciting news, fellow lazy sloths! Our 'Lazy Sloth Buy Widget' is now LIVE on Slothana's site! 🌿🦥 No more excuses – even the laziest among us can now send SOL with ease. Say no to slovenly sloth and yes to crypto chad lambo time!💸 #Slothana #LazyCrypto #MemeCoin
— Slothana (@SlothanaCoin) March 27, 2024
Also Read:
- How to Buy Slothana – SLOTH Review
- Slothana Crypto ICO Trends On Twitter, Next Solana Meme Coin To Go Viral After $SLERF And $BOME?
- Slerf Price Prediction: SLERF Is Top Loser With 13% Slump As Traders Send $1M in Solana To New Meme Coin Slothana
- Slothana Price Prediction – SLOTH Price Analysis 2024
- Investors Send $1.5 Million In Solana To New Meme Coin Slothana
- Meme Coin Traders Jump on New SBF Meme Coins As FTX Founder Gets 25-Year Prison Sentence
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