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The Slothana price soared 83% in the past week, despite being down 3% in the last 24 hours to trade at $0.00839 as of 11:42 p.m. EST on trading volume that plunged 21% to $1.8 million.
Slothana Price Aims For A Sustained Rally
The SLOTH/USD chart shows a recent bullish breakout after a prolonged sideways consolidation phase, as the Slothana price found support around the $0.0050 level, according to data from GeckoTerminal.
The sharp upward movement is followed by a retracement into a channel, suggesting the asset is potentially consolidating its gains for the next move.
Meanwhile, the price of Slothana now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a sign that SLOTH is on a sustained bullish trend.
The Relative Strength Index (RSI) is in the mid-range, neither overbought nor oversold. This suggests that the market is in a phase of equilibrium after the strong rally. A break above 60 could signal renewed bullish momentum, while a drop below 40 may indicate bearish pressure.
The current channel often acts as a bullish continuation pattern, meaning the price could potentially break to the upside if volume supports it. In this scenario, the price of Slothana could soar even higher, as the bulls target $0.010.
However, if the bears take charge of the price at this level, SLOTH could plunge back to the $0.0070 level, which coincides with the 50-day SMA.
Meanwhile, as the Slothana price aims for another surge, the Pepe Unchained (PEPU) presale has rocketed past $40.8 million in its blockbuster presale.
YouTube channel 99Bitcoins, with over 706K subscribers, says it has the potential to turn $1k into $10k after launch.
Pepe Unchained Amasses Over $40.8 Million – Last Chance To Buy Before Tier-1 Exchange Listings
Pepe Unchained is surging toward $50 million in funds raised in its presale, the most successful of the year.
Unlike traditional meme projects, Pepe Unchained is designed to break free from the constraints of its outdated Layer 1 infrastructure. True to its name, the project plans to launch on its own proprietary Ethereum Layer 2 blockchain, offering faster transactions, lower costs, and enhanced scalability.
We’ve been approached by several Tier 1 exchanges interested in $PEPU.
While this is an exciting opportunity that will boost visibility and liquidity, it also requires careful planning to ensure the best possible launch.
— Pepe Unchained (@pepe_unchained) September 18, 2024
The team has put a timer on the presale, which now shows that the Pepe Unchained presale would end on Dec. 13, with listings thereafter on tier 1 exchanges.
Who needs some Brain Powder?
Pepe is gearing up for the official launch of his very own blockchain! 🚀 pic.twitter.com/kZC72UmxFy
— Pepe Unchained (@pepe_unchained) June 20, 2024
Moreover, the development team has ambitious goals, with a primary focus on launching its dedicated layer-2 blockchain known as Pepe Chain.
Investors are also salivating over the news that the ecosystem is set to include a pump.fun competitor called Pepe’s Pump Pad on the bigger Ethereum chain as opposed to Solana.
Token holders can also earn passively through the platform’s staking system, which offers an annual percentage yield (APY) of 73%.
With the finish line in sight, funds are pouring into the project at an accelerating pace, with almost $12 million added in the past week alone. At that run rate, the meme coin will have amassed almost $80 million by the time it lists in just over 23 days.
Whales are stepping up, driving significant investment. A single whale investor “0x563057e53EA063564499dE5a9775D30fe267c942” recently made two massive purchases of Pepe Unchained, totaling $230,000.
If you want to join the most successful presale of the year, you can buy $PEPU tokens for $0.01294 each using ETH, USDT, or a bank card.
Visit $PEPU on the official website here.
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