{"id":479198,"date":"2024-02-09T11:41:12","date_gmt":"2024-02-09T11:41:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=479198"},"modified":"2024-02-09T11:41:12","modified_gmt":"2024-02-09T11:41:12","slug":"meme-ai-price-prediction-memeai-plunges-4-as-analysts-say-this-potential-pepe-killer-might-100x","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/meme-ai-price-prediction-memeai-plunges-4-as-analysts-say-this-potential-pepe-killer-might-100x","title":{"rendered":"Meme AI Price Prediction: MEMEAI Plunges 4% As Analysts Say This Potential Pepe Killer Might 100X"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Meme AI price dropped 4% in the last 24 hours <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/meme-ai-token\/\"><span style=\"font-weight: 400;\">to trade at $0.00137<\/span><\/a><span style=\"font-weight: 400;\"> as of 00:46 a.m. EST on trading volume that rose 1,169% to $3.27 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This comes as the Elon Musk-inspired token is gearing up for more exchange listings.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-479241\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/Screenshot_113.png\" alt=\"MEME AI\" width=\"602\" height=\"374\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/Screenshot_113.png 602w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/Screenshot_113-300x186.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\"><\/p>\n<p><span style=\"font-weight: 400;\">The genesis of the meme coin was sparked by Elon Musk&rsquo;s tweet: &ldquo;Whoever commands the memes, commands the universe.&rdquo;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Congratz Guys !! Soon we start a new contest.<a href=\"https:\/\/twitter.com\/hashtag\/MEMEAICOIN?src=hash&amp;ref_src=twsrc%5Etfw\">#MEMEAICOIN<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/MEMEAI?src=hash&amp;ref_src=twsrc%5Etfw\">#MEMEAI<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/MEMEAIARMY?src=hash&amp;ref_src=twsrc%5Etfw\">#MEMEAIARMY<\/a> <a href=\"https:\/\/t.co\/Oo0xmR8lpN\">pic.twitter.com\/Oo0xmR8lpN<\/a><\/p>\n<p>&mdash; Meme AI (@Memeaicoin) <a href=\"https:\/\/twitter.com\/Memeaicoin\/status\/1754805782627951029?ref_src=twsrc%5Etfw\">February 6, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Musk-associated coins including DOGE, GROK, and SOHOT have previously enjoyed massive success and gathered substantial followings.<\/p>\n<h2><span style=\"font-weight: 400;\">Meme AI Price Within A Descending Triangle<\/span><\/h2>\n<figure id=\"attachment_479221\" aria-describedby=\"caption-attachment-479221\" style=\"width: 1281px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-479221\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/MEMEAIUSDT_2024-02-09_08-46-42.png\" alt=\"Meme AI Price Chart Analysis Source: Tradingview.com\" width=\"1281\" height=\"555\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/MEMEAIUSDT_2024-02-09_08-46-42.png 1281w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/MEMEAIUSDT_2024-02-09_08-46-42-300x130.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/MEMEAIUSDT_2024-02-09_08-46-42-1024x444.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/MEMEAIUSDT_2024-02-09_08-46-42-768x333.png 768w\" sizes=\"(max-width: 1281px) 100vw, 1281px\"><figcaption id=\"caption-attachment-479221\" class=\"wp-caption-text\">MEMEAIUSD Chart Analysis Source: Tradingview.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The price of Meme AI is presently following a downtrend, evident from the formation of a descending triangle. Despite this, there&rsquo;s a presence of higher highs compared to lows, with the $0.001083 level serving as a crucial support zone, providing a buffer against downward pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The MEMEAI price has twice touched this support zone, forming a double bottom pattern. This occurred after encountering resistance at the $0.002008 mark, which allowed the bears to exert downward pressure on the price.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Presently, the price is trading below the 50-day Simple Moving Average (SMA), aligning with the ongoing downtrend of MEMEAI&rsquo;s price. Furthermore, the Relative Strength Index (RSI) sits at 42, indicating a downward trend and falling below the 50-midline level.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-479222 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/MEMEAIUSDT_2024-02-09_08-48-40.png\" alt=\"Average Directional Index and MACD\" width=\"1281\" height=\"555\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/MEMEAIUSDT_2024-02-09_08-48-40.png 1281w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/MEMEAIUSDT_2024-02-09_08-48-40-300x130.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/MEMEAIUSDT_2024-02-09_08-48-40-1024x444.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/02\/MEMEAIUSDT_2024-02-09_08-48-40-768x333.png 768w\" sizes=\"(max-width: 1281px) 100vw, 1281px\"><\/p>\n<p><span style=\"font-weight: 400;\">The Moving Average Convergence Divergence (MACD) line (blue) trading slightly below the signal line (orange) further supports the downward trend. However, the price is showing some indications of a likely price reversal leading to a rebound.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is further supported by the red bars on the histogram, which are slightly elevated on the downside. The Average Directional Index (ADX) is trading below level 20 at 17, which indicates a weaker trend. This is a confirmation that the Meme AI price is trading in a range, trying to break out.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Meme AI Price Prediction<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Meme AI price is currently on a downtrend. However, short-term analysis of the price indicates some bullish prospects, with the possibility of a breakout, as affirmed by the formation of the double bottom pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bulls aim to surpass the upper boundary of the triangle, targeting $0.0025, breaching the $0.002008 resistance. In a reverse scenario, however, the bears could exert more pressure, leading to a retracement to the $0.00098 support zone.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the MEMEAI bulls look for the best entry points, analysts say potential PEPE killer Sponge V2, which has moved to the Polygon Network, could skyrocket 100X on launch.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Buy $SPONGE V2 For Potential 100X<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Investors were in a frenzy last year as Sponge surged 100x. If you missed that opportunity, there is another for you in its sequel, <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Sponge V2<\/span><\/a><span style=\"font-weight: 400;\">, before its launch on major exchanges.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">You haven't seen anything yet! &#129533;&#129533;<a href=\"https:\/\/twitter.com\/hashtag\/SPONGEV2?src=hash&amp;ref_src=twsrc%5Etfw\">#SPONGEV2<\/a> coming in hot &#128293;<a href=\"https:\/\/twitter.com\/hashtag\/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeCoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BullMarket?src=hash&amp;ref_src=twsrc%5Etfw\">#BullMarket<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\">#Binance<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Coinbase?src=hash&amp;ref_src=twsrc%5Etfw\">#Coinbase<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/100x?src=hash&amp;ref_src=twsrc%5Etfw\">#100x<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Alts?src=hash&amp;ref_src=twsrc%5Etfw\">#Alts<\/a> <a href=\"https:\/\/t.co\/db32pVByQ8\">pic.twitter.com\/db32pVByQ8<\/a><\/p>\n<p>&mdash; $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1755184679836111221?ref_src=twsrc%5Etfw\">February 7, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Sponge V1 did 100x on launch, acquired more than 13,000 investors, achieved a market capitalization of $100 million, and was listed on over ten major exchanges, including Toobit, BitMart, and LBank.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But the development team discontinued Sponge V1 on Feb. 5th, facilitating the seamless transfer of its holders to the more secure and cost-efficient V2 on the Polygon network.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128227; Attention, <a href=\"https:\/\/twitter.com\/hashtag\/SPONGERS?src=hash&amp;ref_src=twsrc%5Etfw\">#SPONGERS<\/a>!<\/p>\n<p>Here is some important information to remember about <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPONGE<\/a> V2!<a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPONGE<\/a> V1 has officially been discontinued, and V2 has been launched on <a href=\"https:\/\/twitter.com\/hashtag\/Polygon?src=hash&amp;ref_src=twsrc%5Etfw\">#Polygon<\/a>! &#128293;<\/p>\n<p>Learn more about the token details below &#128071;<a href=\"https:\/\/t.co\/TCdxgXx40w\">https:\/\/t.co\/TCdxgXx40w<\/a><\/p>\n<p>&#129525;1\/3 <a href=\"https:\/\/t.co\/YZzXOlKmHY\">pic.twitter.com\/YZzXOlKmHY<\/a><\/p>\n<p>&mdash; $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1754826966048657421?ref_src=twsrc%5Etfw\">February 6, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span style=\"font-weight: 400;\">Stake To Earn Sponge V2 With 201% Rewards<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">There&rsquo;s now the option to <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400;\">purchase and stake $SPONGE V2 tokens<\/span><\/a><span style=\"font-weight: 400;\">, with the potential to earn an impressive 201% annual percentage yield (APY). Moreover, there&rsquo;s an opportunity to generate income through play-to-earn (P2E) gaming, a new feature designed to attract a broader audience of investors and players alike.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Exciting news, <a href=\"https:\/\/twitter.com\/hashtag\/SPONGERS?src=hash&amp;ref_src=twsrc%5Etfw\">#SPONGERS<\/a>! &#127775;&#129533;&#129533;<a href=\"https:\/\/twitter.com\/hashtag\/SpongeV2?src=hash&amp;ref_src=twsrc%5Etfw\">#SpongeV2<\/a> is now live! Visit our website to buy and stake <a href=\"https:\/\/twitter.com\/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPONGE<\/a> V2.<\/p>\n<p>Check it out below! &#128071;<a href=\"https:\/\/t.co\/nFOSl1ZCD9\">https:\/\/t.co\/nFOSl1ZCD9<\/a><a href=\"https:\/\/twitter.com\/hashtag\/MemeCoin?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeCoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Web3?src=hash&amp;ref_src=twsrc%5Etfw\">#Web3<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw\">#Altcoins<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/CryptoStaking?src=hash&amp;ref_src=twsrc%5Etfw\">#CryptoStaking<\/a> <a href=\"https:\/\/t.co\/T4DCAKhcxF\">pic.twitter.com\/T4DCAKhcxF<\/a><\/p>\n<p>&mdash; $SPONGE (@spongeoneth) <a href=\"https:\/\/twitter.com\/spongeoneth\/status\/1754810364863422520?ref_src=twsrc%5Etfw\">February 6, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">The team plans the launch of a new game, <\/span><i><span style=\"font-weight: 400;\">Sponge Racer<\/span><\/i><span style=\"font-weight: 400;\">, which offers both free and paid versions where you can race and earn token rewards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to analyst Jacob Bury on YouTube, Sponge V2 has the potential to achieve 100X gains at launch, like its predecessor.<\/span><\/p>\n<p><iframe title=\"SPONGE V2 Meme Coin Launching SOON - Next 100X Crypto?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/1kIF9YmV0CM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">To join the presale, visit <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/sponge\" rel=\"nofollow\"><span style=\"font-weight: 400;\">the official Sponge V2 website<\/span><\/a><span style=\"font-weight: 400;\"> and link your digital wallet to swap your ETH or USDT for V2 tokens. You can also buy directly using your bank card.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Related News<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/insidebitcoins.com\/bitcoin-wallets\"><span style=\"font-weight: 400;\">10 Best Bitcoin Wallets for Beginners &ndash; Store Crypto Safely<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.linkedin.com\/pulse\/what-crypto-presale-quick-guide-getting-ground-floor-new-calsona-mwpve\"><span style=\"font-weight: 400;\">&#128640;&#129297; What is a Crypto Presale? A Quick Guide to Getting in on the Ground Floor of New Cryptocurrencies!<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.linkedin.com\/pulse\/crypto-presales-worth-pros-cons-you-need-know-calsona-5aeye\"><span style=\"font-weight: 400;\">&#128640;&#128176; Are Crypto Presales Worth It? 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