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The Smog price pumped 44% to trade for $0.3456 as of 02:45 a.m. EST time on trading volume that fell 17%.
The meme coin sector is having a strong day with the likes of Pepe (PEPE), Dogwifhat (WIF), and Bonk (BONK) all posting double-digit gains.
Smog continues to outperform its peers, BONK and WIF, with the three meme coins running on the Solana blockchain. The Smog price could still extend north, amid rising buying pressure seen with the ascending Relative Strength Index (RSI).
The Moving Average Convergence Divergence (MACD) is also rising, suggesting a strengthening bullish cycle, which adds credence to the bullish thesis. Increased buying pressure could see the Smog price extend north to fill the market range at $0.3637.
In a highly bullish case, the Smog price could extend a neck higher to nick the $0.4000 psychological level. Such a move would constitute a climb of about 20% above current levels.
TradingView: SMOG/USD 1-day chart
Converse Case
However, judging from the RSI position at 88, SMOG is already massively overbought. With this, the Smog price is at high risk of a correction. A south-bound directional bias could see the Smog price drop, retracing the 78.6% Fibonacci level of $0.2865.
An extended fall could see the Smog price retrace the 61.8% Fibonacci level of 50% at $0.1834. For the prevailing bullish outlook to be invalidated, however, the price must revisit the 23.6% Fibonacci level of $0.0882 and close below it.
Elsewhere investors are looking at one of the most formidable players in the AI sector, Scotty the AI, with some saying the AI meme coin could be a sleeping giant.
Promising Alternative To Smog
Scotty the AI is an AI-integrated project that analysts say has the potential to 10X on launch. The project has positioned itself to transform the community’s perceptions of security and fraud detection within the blockchain industry.
Can Scotty the AI (SCOTTY) Help Crypto-Based AI Technology Break into the Mainstream? Investors Think Sohttps://t.co/wPlPeXEyGI
— Scotty The Ai (@ScottyThe_Ai) February 18, 2024
SCOTTY community members can enjoy powerful AI-powered features including Scotty Swap, a platform facilitating seamless and rapid token exchanges.
Scotty The AI Token Presale Review | Early Access | $SCOTTY (New Project)
Join presale herehttps://t.co/zRmy4g8hfW#Bitcoin #Shiba #Ethereum #memecoin $SHiB $DOGE #Binance https://t.co/SuB1jKeO2K pic.twitter.com/2ldohNShwy
— Scotty The Ai (@ScottyThe_Ai) March 8, 2024
There’s also ScottyChat, a chatbot that gives users market insights. Investors can also stake the token for yields as high as 52%.
Scotty the Ai Token: Early Staking for High Yields | Token Pre-sale Details & Staking Processhttps://t.co/uSbD5vAFEA
— Scotty The Ai (@ScottyThe_Ai) February 18, 2024
By buying into Scotty the AI project, you step into a new era of artificial intelligence, which uniquely merges with deep blockchain knowledge to act as a guardian of crypto secrets. The hallmark of the project is to transform security, fraud detection, and knowledge exploration in the crypto realm.
ScottyTheAi would like to put out to the community that there seems to be a lot of Twitter accounts mimicking and pretending to be apart of $SCOTTY.
🚨 Note that ScottyTheAi has no other X (Twitter) account, support group, Airdrops, or customer service. If you are contacted… pic.twitter.com/j3wfV9oaDS
— Scotty The Ai (@ScottyThe_Ai) February 21, 2024
Scotty The AI: Racing Towards $4 Million
The Scotty presale has already raced to $3.89 million in funds raised as it surges towards its $4.2 million target. YouTube channel Digital Assets Unfiltered says Scotty ”is set for a 10x explosion” after launch.
To participate in the presale, you can buy the tokens from the Scotty the AI official website, and exchange ETH or USDT for $SCOTTY. You can also make purchases using your bank card.
💥Presale Update!💥
ScottyTheAi #1 #memecoin (w/Ai utility) of 2024$SCOTTY has raised $3.7M
Well on our way to closing out presale and heading for that $100M marketcap.
Congratulation to all the early #Scottydogs in presale 👏
Buy Now: https://t.co/zRmy4g8hfW#BITCOIN… pic.twitter.com/qsczivfVqn
— Scotty The Ai (@ScottyThe_Ai) March 8, 2024
Visit and buy Scotty the AI here.
Also Read:
- How To Buy $SCOTTY in 2024 – Scotty the AI Presale Review
- New Crypto AI Presale Raises Over $500,000 – Is $SCOTTY the Best Crypto to Buy Now?
- New ERC-20 Token Combining Meme Coin with AI – Best AI Crypto to Buy in 2024?
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