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Slerf Price Prediction: SLERF Skyrockets 47% As Traders Rush To Buy This Solana Rival Before Time Runs Out

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SLERF price
SLERF price

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The Slerf price exploded 47% in the past 24 hours to trade for $0.4116 as of 06:47 a.m. EST on trading volume that surged 21%.

It comes as markets recover after the weekend crypto crash, taking their cue from the Bitcoin (BTC) price. 

The market remains highly volatile, with the Bitcoin price struggling to breach the $67,000 threshold. Despite this market volatility, coins such as SLERF, MEW, TON, and PENDLE are in the top gainers list.

DEX screener has also identified Slerf among the top meme coins on volume metrics.

Slerf Price Outlook As Cryptocurrency Markets Show Strength

The Slerf price is attempting a recovery, confronting resistance due to the upper boundary of the descending parallel channel. This level is significant as it coincides with the 23.6% Fibonacci retracement level of $0.4459.

If the bulls can haul the Slerf price above this roadblock, it would draw more buyers by quelling the current skepticism in the market. The ensuing buyer momentum could project the Slerf price to overcome the 38.2% Fibonacci retracement level of $0.5863. To confirm the continuation of the uptrend, however, the Slerf price must record a candlestick close above the 50% Fibonacci placeholder at $0.6999.

In a highly bullish case, the gains could see the Slerf price extrapolate the gains to flip the most important Fibonacci retracement level of $0.8134. A candlestick close above this level on the daily timeframe would solidify the uptrend, sending the Slerf price to the $1.6000 range high.


TradingView: SLERF/USDT 1-day chart

On the other hand, considering the Relative Strength Index (RSI) is in subdued below the 50 mean level, buying pressure is still not enough to drive the uptrend. This stance is enhanced by the position of the Moving Average Convergence Divergence (MACD), stuck in negative territory.

As such, unless the broader market shows strength, the Slerf price risks a pullback to the bottom of the market range at $0.2189. A drop below this level would provide a lower low, invalidating the bullish thesis.

Meanwhile, investors looking for Slerf successors might want to consider SLOTH, whose presale has been extended by 14 days to give investors a last chance to buy after it raised a blowout $10 million in less than two weeks.

Promising Alternative To Slerf

SLOTH is the powering cryptocurrency for the Slothana ecosystem, a new project on the Solana blockchain in which the 420-friendly SLOTH aims to go to a market cap of $420 million.

It’s a new ”send SOL” type presale without timer, stages, or a hard cap, highlighting the current era’s preference for projects that are almost entirely driven by community support and hype.

This is unlike the initial wave of meme coins, which occasionally attempted to offer some utility or differentiate themselves through novelty features.

Although purchases are frequently made by sending SOL to a specific address, there is also a handy widget on the Slothana website here that accepts SOL swaps by connecting your Phantom or other self-custody wallet.

After buying the tokens, they will be airdropped after the presale ends.

To be eligible for the airdrop, investors are expected to send $SLOTH tokens from a personal wallet, not a centralized exchange like Binance or Coinbase.

With over 18.7K followers on the project’s X account, anticipation is rising for upcoming exchange listings.

SLOTH Tries To Outperform Sector Peers

Experts are optimistic about Slothana. Renowned YouTuber Crypto Gains believes Slothana could potentially yield up to 100x returns, while crypto analyst Jacob Bury shares the same view.

There is also speculation that Slothana is the brainchild of the same team that developed the Smog meme coin, which pumped over 75X and gave early investors huge returns.

If history repeats, or rhymes, Slothana could follow in the footsteps of Smog and other Solana-based meme coin success stories like Dogwifhat (WIF) and Bonk (BONK).

Visit and buy Slothana here. One SOL buys 10,000 $SLOTH, which means each token has an approximate price of $0.015394 at the time of writing

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