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The Truflation price surged 642% in the last 24 hours to trade at $0.62 as of 04:17 a.m. EST on trading volume that plunged 38% to $62 million.
This comes after the launch of the Truflation Stream Network, followed by the listing of its token on major exchanges. The project aims to bring its community together to access powerful financial data and kickstart a new era of economic information provision.
🚀 Exciting News from Truflation!
📢 We're thrilled to announce the launch of the Truflation Stream Network and the listing of our native $TRUF token on leading exchanges!
🌐Join us as we revolutionize access to financial and economic data on-chain.
🧵Here's what you need… pic.twitter.com/SsiMUarqzj
— Truflation (@truflation) April 9, 2024
The token aims to become a rising star in Real-World Asset Tokenization, and its backed by heavyweights Coinbase and Chainlink.
Truflation Price Set To Surge Over The Ascending Triangle
The Truflation price, after launch, soared to an all-time high (ATH) of $0.82 before going through a price correction to the support level around $0.30. TRUF bulls leverage this support to drive the price higher. They aim to retest the resistance zone around $0.69, thereby forming an ascending triangle pattern.
However, TRUF trades below the 50-day Simple Moving Average (SMA), which coincides with the price moving from the upper boundary of the ascending triangle.
The Relative Strength Index (RSI) is also trading downwards to the oversold levels, currently at 40, following the slight retrace, but within the ascending triangle.
Truflation Price Prediction
The Truflation price analysis shows that TRUF is on bullish momentum as it trades within the ascending triangle pattern. Investors often see triangles as a signal to push prices higher, indicating bullish prospects.
Additionally, the RSI has already crossed the 50-midline level as it heads to the 30-oversold level. This shows that there could be a trend reversal. An oversold asset opens up an opportunity for investors to buy more, with the TRUF bulls aiming to propel the price to target $1.0.
However, if the TRUF price breaches the lower boundary of the ascending triangle pattern, the bears may take control of the price. In such a scenario, the TRUF price bulls may retreat to the support zone around $0.53, acting as a cushion against downward pressure.
Meanwhile, as the TRUF price surges to record new highs, Solana investors are sending their SOL to Slothana, a sloth-themed project that analysts say has the potential to explode on launch.
Buy $SLOTH Now: The Best Opportunity For 100X Gains
Slothana (SLOTH) is a new ‘send SOL’ style presale that has no timer, price stages, or hard cap, following in the footsteps of tokens like $BOME, $PUMP, and $PUNDU.
All investors need to do is send SOL to a token address, and then the team airdrops the tokens to their wallet at the end of the presale.
🎩🌿🦥 I'm going to make them a memecoin they can't refuse🚀 Slothana's making moves to dominate the crypto scene. "Keep your friends close and your memecoins closer" – The Slothfather 💼💰 #Slothana #SlothFather pic.twitter.com/RnPJEan2Bq
— Slothana (@SlothanaCoin) April 10, 2024
But you can also use the widget on the official website, where you specify the amount of $SOL you wish to exchange for $SLOTH. Click the ‘buy now’ button, choose your wallet, and finalize the transaction.
🌿🦥 Wow! Sloth's jaw is dropping at the SOL flooding in from our slovenly supporters! 😱 What a bunch of lazy legends! Let's take Slothana to the moon! 🚀 And remember, only send from your onchain wallets – Sloth can't airdrop to exchanges!💸🙅♂️ #Slothana #MemeCoin #LazyLegends
— Slothana (@SlothanaCoin) March 28, 2024
99Bitcoins, a crypto YouTube channel with over 700K followers, believes that Slothana has the potential to soar 100X after launch.
The downside of no timer or price stages is that the presale can end at any time. And after it blasted through $10 million in less than two weeks, that day may be imminent. For interested investors, that means the best time to buy is now, before it’s too late.
To participate, you can buy or send your $SOL here. For every 1 SOL sent to the address, you will receive 10,000 $SLOTH.
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