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The SolPets price skyrocketed 73% to trade for $0.02068 as of 04:27 a.m. EST time as trading volume exploded 325%.
With this surge, PETS is among the trending meme coins alongside Pepe (PEPE) and Ondo (ONDO).
Pepe down, $PETS up.
We love you @pepecoineth but we're just stating the facts.
SOL > ETH, sorry we're just stating some more facts aswell.
The most important thing we want to mention is gm to the family that make this chain great. @phantom @solana @aeyakovenko pic.twitter.com/Q3ZPYLWz4C
— Solpets (@Solpets_Sol) March 27, 2024
The breakout comes after the SolPets price plummeted almost 86% beginning mid-March.
$Pets is breaking out, 12 days of shaking out non-believers, lots of marketing lined up to send Solpets to ATH and above. #Pets #Solpets #PetsArmy #Solana #Bullrun #BTC https://t.co/ZpiIoBf69C pic.twitter.com/GoKKmyAIh4
— Solpets (@Solpets_Sol) March 27, 2024
The surge has sent SolPets token’s market capitalization above $2 million.
SolPets Price Prediction As PETS Eyes Mid-March Peak
The SolPets price is consolidating within an ascending parallel channel on the four-hour (H4) timeframe. There are strong prospects for more gains, seen with the volume indicator that is recording growing bars.
The Relative Strength Index (RSI) is also northbound, a sign of rising momentum, which coupled with the green histograms of the Moving Average Convergence Divergence (MACD) accentuates the bullish thesis. A closer look at the MACD shows that it is well above the orange band of the signal line.
If the bulls can haul the SolPets price above the $0.02297 blockade and manage a candlestick close above it on the H4 timeframe, the gains could extend. The next logical target for PETS price in such a directional bias would be the $0.03184 support, nearly 55% above current levels.
In a highly bullish case, the SolPets price could extend a neck higher to the $0.04000 psychological level, marking a new all-time high.
TradingView: PETS/USD 4-hour chart
Conversely, if PETS token holders start cashing in on the gains made, the SolPets price could drop. While losing support offered by the midline of the channel would be a concern, the bullish thesis would only be invalidated if the SolPets price breaks and closes below the $0.01000 psychological level.
As the SolPets price continues within a bullish governing pattern, why not consider SLOTH, another meme coin built atop the Solana blockchain. Solana meme coin launches continue to dominate the crypto space, presenting savvy investors with good portfolio diversification opportunities.
Promising Alternative To SolPets
SLOTH is the powering token for the Slothana ecosystem, the latest entrant in the highly-active Solana meme coin space.
⏰ Tired of the 9-5? So is Slothana!🦥Our office sloth is ready to ditch the daily grind and embrace the world of crypto trading. No more getting high on herb, just high on profits! Send SOL to help our sloth go from 420 couch surfer to $420m crypto chad! #slothana #memecoin
— Slothana (@SlothanaCoin) March 25, 2024
Slothana is following in the footsteps of meme coins including $SLERF, $BOME, $PUMP and $PUNDU, which blazed a new way of launching meme coins on Solana.
Such launches have no price stages or timer. Instead $SOL is sent to a token address and the purchased coins are then airdropped to the sender’s wallet. You can also use the widget on the homepage, enter how much $SOL you want to use to buy, click the ‘buy now’ button, select your wallet, and complete your purchase.
Buy SLOTH In The Presale
Like its peers, Slothana exploded at launch, and already has raised more than $744k within a day of its announcement.
With the $1 million threshold already in sight, now is the ideal time to buy SLOTH. You get 10,000 SLOTH tokens for a single SOL.
Send SOL to EnSawje2vQSQKtGbPYdXEuYKm2sHgeLKJTqCmrDErKEA
— Slothana (@SlothanaCoin) March 25, 2024
There is 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.
With no hard cap, stages or timer, this really is the survival of the fittest. You never know when the sale will finish, so, if you are interested, buy soon before the tokens are gone and you are shut out.
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