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The Skibidi Toilet price surged over 47% in the last 24 hours to trade at $0.6022 as of 7:20 a.m. EST as investors buy into the altcoin at a rapid pace.
This spike in the SKBDI price comes after Kim Kardashian posted a video of a diamond necklace that her 11-year-old daughter, North West, gave her for her 44th birthday.
Inscribed on the one side of the necklace are the words “Skibidi Toilet,” which is a reference to a popular graphic web series about toilets with human heads sticking out of the bowl.
West asserted that her mother loves the online series, to which Kardashian replied, “I do?” After North said yes, she turned the necklace over to reveal another inscription with the words “Love, North,” and the gift’s date.
The Skibidi Toilet Price Challenging A Negative Trendline
4-hour chart for SKBDI/USD (Source: GeckoTerminal)
The Skibidi Toilet price is attempting to break above a negative medium-term trendline as well as flip the resistance level at $0.6296 into support. Should bulls succeed in pushing SKBDI above this technical barrier within the next 12 hours, the crypto might have a solid foundation to rise off from. This could lead to the altcoin rising to as high as $0.7721.
On the other hand, the Skibidi Toilet price getting rejected from the $0.6296 resistance level could force the crypto down to back under the aforementioned descending trendline. Traders might subsequently see this as a sell signal, which could lead to SKBDI falling to the immediate support at $0.4799. Continued sell pressure might force the Skibidi Toilet price down to $0.3516.
Technicals Suggest The Skibidi Price Could Keep Rising
Technical indicators on SKBDI’s 4-hour chart suggest the Skibidi Toilet price could keep rising through the course of the next trading day. More specifically, both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators are showing positive signs.
In the last 24 hours, the MACD line crossed above the MACD Signal line. Traders usually see this technical event as an indication that a crypto has entered a positive trend. With the gap between these two technical indicators growing, it seems the altcoin’s bullish momentum is growing stronger as well.
When looking at the current RSI reading above 50, it seems that buyers have control of the Skibidi Toilet price at the moment. The positive slope of the RSI line also suggests that bulls show no signs of letting up just yet.
As technicals flash bullish for SKBDI, investors are flocking to Crypto All-Stars (STARS) for dazzling staking rewards.
An Innovative Platform Giving Meme Coin Lovers The Opportunity To Grow Their Holdings Passively
Crypto All-Stars (STARS) is a new meme coin project with high levels of utility. Unlike the projects that came before it, Crypto All-Stars is not solely built around its own token.
Instead, the project offers a unique staking solution that enables meme coin lovers to earn passive rewards by locking up a variety of tokens.
Popular meme coins DOGE, SHIB, PEPECOIN, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK, and TURBO are already supported on the Crypto All-Stars platform. And the developer has revealed that more options will be added in the coming weeks.
Once investors put their meme coin bags to work, they will receive rewards paid out in STARS. The rewards don’t stop there, however, as investors can then also stake their newly-acquired STARS tokens for additional earnings.
Anyone who locks up STARS now will gain access to a huge 577% annual staking yield.
One individual who is bullish on STARS is popular YouTuber ClayBro, who told his 130K subscribers in a recent video that the meme coin could surge 26X after its launch.
Investors Rush To Purchase STARS At Presale Prices
Crypto All-Stars has already raised over $2.6 million in its presale, signaling strong investor confidence in the project’s future.
Crypto whales have also started to identify the young meme coin as a promising prospect. With the lucrative staking program being offered to presale buyers, it’s easy to see why an investor frenzy has erupted around STARS.
Anyone can buy STARS using the simple buy widget embedded on the project’s website. Selling for $0.0015188, STARS can be bought with either ETH, USDT, BNB, FLOKI, SHIB, PEPE, DOGE or even a bank card.
Once purchased, the STARS tokens can then be put to work via the staking page on the website. If you are interested, it’s best to buy before a price hike in less than 2 days.
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