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The Roaring Kitty price plunged 49% in the last 24 hours to trade at $0.01073 as of 5 a.m. EST on trading volume that dropped to $15 million.
The KITTY price implosion follows a major surge that came after Keith Gill, known on social media as Roaring Kitty, posted on X on May 13 for the first time in three years.
Gill is the person behind the GameStop stock saga in 2021.
Who's sitting like this rn? 😼
CA: EKEWAk7hfnwfR8DBb1cTayPPambqyC7pwNiYkaYQKQHp#RoaringKitty #Roar #GME https://t.co/Sk9mmoNH2E
— Roaring Kitty! (@RoaringKSol) May 13, 2024
The KITTY price plunged despite a strong rally in the meme coin sector, with the likes of Dogecoin, Shiba Inu, Dogwifhat, and Bonk posting strong gains.
KITTY Price Prediction
Roaring Kitty saw its price blow up, but since then, it has also seen a major correction. The question that investors and traders are asking now is – where will it go from here?
According to the project’s charts and technical indicators, KITTY has potentially reached its bottom at $0.010, with minor fluctuations that are currently all above this support level.
However, indicators such as Bollinger bands suggest that this might not be the bottom after all. The bands are currently extremely close after seeing a massive narrowing in the last two days, which is a bearish sign. The closer the upper and lower price are to one another, the greater the chance that the price will see further drops.
On the other hand, the project’s Relative Strength Index (RSI) has seen a surge to the overbought zone just hours earlier, followed by another drop to the neutral zone, which suggests that traders saw a chance to pump up the token briefly, and then they moved in to take profit.
At this point, KITTY has reached fragile stability, but it could easily go either way from here. With the RSI being neutral and Bollinger bands being bearish, the overall sentiment remains bearish.
However, if the market remains bullish in the near future, Roaring Kitty could still turn things around, which is why traders must remain cautious, but still keep an eye on the token.
Promising Alternatives to Roaring Kitty
While not a cat coin, dog-themed crypto Dogeverse (DOGEVERSE) might be the best alternative to Roaring Kitty right now.
Dogeverse has been one of the most successful presales of the year, raising over $15 million so far. Its developer is now offering investors a last chance to buy before it lists soon.
⌛ Tick-tock, folks!
Time's running out faster than your ex after finding out you bought something else than $DOGEVERSE!#Solana #Ethereum #DOGE #BlackRock #Memecoins #Altcoins
— DogeVerse (@The_DogeVerse) May 4, 2024
Once it goes live, the token will roll out on six different chains, allowing investors to claim their tokens on whichever of these chains they prefer: Ethereum, Polygon, Base, Solana, BNB Chain, or Avalanche.
With the token establishing a presence on all of these blockchain, it will be the first multichain meme coin, enabling great accessibility, and ease of transferring money between chains. It will also be a great, decentralized alternative to stablecoins — the only other cryptos with this kind of multi-chain access.
DOGEVERSE tokens are priced at $0.00031, and can be bought with ETH, USDT, BNB, MATIC, AVAX, BASE, or SOL. Alternatively, credit and debit cards will also work for those who want to use fiat currencies.
Purchase DOGEVERSE tokens here before its imminent listing.
Related Article:
- Final Chance To Buy Solana’s Leading Multichain Meme Coin, $DOGEVERSE, In $17 Million ICO
- Top 3 Presale Crypto Gems to Invest in Before May Ends
- How to Buy Dogeverse – $DOGEVERSE Presale Review
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