{"id":533321,"date":"2024-06-07T08:33:09","date_gmt":"2024-06-07T08:33:09","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=533321"},"modified":"2024-06-07T08:33:09","modified_gmt":"2024-06-07T08:33:09","slug":"beercoin-price-prediction-beer-soars-16-as-this-new-solana-meme-coin-offers-investors-a-last-chance-to-buy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/beercoin-price-prediction-beer-soars-16-as-this-new-solana-meme-coin-offers-investors-a-last-chance-to-buy","title":{"rendered":"BEERCOIN Price Prediction: BEER Soars 16% As This New Solana Meme Coin Offers Investors A Last Chance To Buy"},"content":{"rendered":"<p>The BEERCOIN price is up 16% in the past 24 hours to trade for $0.0004306 as of 00:42 a.m. EST on trading volume that dipped 55%.<\/p>\n<p>With this surge, the market capitalization of BEER has reached $400 million in just two weeks.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BEER&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BEER<\/a> has reached a $400M market cap in just a couple of weeks &#129327;<\/p>\n<p>On the way to $1B? &#128064; <a href=\"https:\/\/t.co\/2ZKWRTgr8b\">pic.twitter.com\/2ZKWRTgr8b<\/a><\/p>\n<p>&mdash; Gordon (@AltcoinGordon) <a href=\"https:\/\/twitter.com\/AltcoinGordon\/status\/1798769918483288577?ref_src=twsrc%5Etfw\">June 6, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Among the drivers for the rally was the project&rsquo;s <a href=\"https:\/\/x.com\/beercoinmeme\/status\/1798702653473718384\" target=\"_blank\" rel=\"noopener\">token-burning<\/a> mechanism to reduce its circulating supply.<\/p>\n<h2>BEERCOIN Price Prediction<\/h2>\n<p>The BEERCOIN price is trading sideways on the hourly timeframe, trying to defend the 16% gains made in the past 24 hours. It is holding above support due to the 61% Fibonacci retracement level of $0.0004392, which means BEER has escaped the Fibonacci Golden Zone. With this, the gains could extend if the bulls show strength.<\/p>\n<p>Based on the outlook of the technical indicators, bullish momentum continues to abound. To begin with, the Relative Strength Index (RSI) has moved above the mean level of 50, pointing to strong momentum. Likewise, the Moving Average Convergence Divergence (MACD) indicator is holding in positive territory. &nbsp;This adds credence to the bullish thesis.<\/p>\n<p>Increased buying pressure above current levels could see the BEERCOIN price extend a neck higher to the 78.6% Fibonacci retracement level of $0.0004644. In a highly bullish case, BEER market value could extend a neck higher to reclaim the June 6 range high of $0.0004966.<\/p>\n<p>Traders looking to take long positions on BEER should probably wait for the BEERCOIN price to record a decisive candlestick close above the 61.8% Fibonacci retracement level.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/BEER-coi.png\"><img decoding=\"async\" class=\"aligncenter wp-image-533322 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/BEER-coi.png\" alt=\"BEERCOIN\" width=\"1366\" height=\"768\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/BEER-coi.png 1366w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/BEER-coi-300x169.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/BEER-coi-1024x576.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/BEER-coi-768x432.png 768w\" sizes=\"(max-width: 1366px) 100vw, 1366px\"><\/a><\/p>\n<p><a href=\"https:\/\/www.geckoterminal.com\/solana\/pools\/Cne2WysEXzSLWbdABTG3vYkRNyJyMJ1zLhn26QPrBRZg\" target=\"_blank\" rel=\"noopener\">GeckoTerminal: BEER\/USD 1-hour chart<\/a><\/p>\n<h4>Converse Case<\/h4>\n<p>On the other hand, with the MACD still below the signal line (orange band), bearish sentiment is still present in the BEER market. If the RSI drops below the mean level of 50, the BEERCOIN is likely to slip below the 50% Fibonacci placeholder before a possible pullback.<\/p>\n<p>If the bulls fail to act after a possible move below the aforementioned $0.0004215 level, the downswing could extend toward the 38.2% Fibonacci retracement level of $0.0004037.<\/p>\n<p>The dire case would be where the load-shedding exercise sends the BEERCOIN price to record a lower low below the bottom of the market range at $0.0003463. Then, the big-picture bullish outlook for the BEER price would be invalidated.<\/p>\n<p>Meanwhile, new Solana meme coin SEAL is offering investors a last chance to buy before it lists. Crypto YouTuber LecksMoney encourages anyone interested to check out SEAL before it&rsquo;s too late.<\/p>\n<p><iframe title=\"SEALANA: Check out this new presale before its too late &#128165; $SEALANA\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/0NTA7SgmKRg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Promising Alternative To The BEERCOIN<\/h2>\n<p>SEAL is the native cryptocurrency and the powering token for the <a href=\"https:\/\/insidebitcoins.com\/visit\/sealana\" target=\"_blank\" rel=\"noopener nofollow\">Sealana ecosystem<\/a>. It is a new player in the Solana meme coin market that&rsquo;s based on a lighthearted narrative centered on a seal trader.<\/p>\n<p>Presenting a charming, chubby, degen seal that&rsquo;s submerged into the Solana Sea, SEAL&rsquo;s once sleek and agile body has given way to flab because of a sedentary trader&rsquo;s lifestyle and a diet of tuna and chips.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Sealana?src=hash&amp;ref_src=twsrc%5Etfw\">#Sealana<\/a> has got some big news for y'all today! &#129453;&#127867; After a long night of drinking, doin' American <a href=\"https:\/\/twitter.com\/search?q=%24SEAL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SEAL<\/a> things &#127482;&#127480; and blacking out! &#128565; He woke up with some real mental clarity and made the call that the <a href=\"https:\/\/twitter.com\/hashtag\/Presale?src=hash&amp;ref_src=twsrc%5Etfw\">#Presale<\/a>'s gonna end on June 25th at 6 pm UTC! &#9200;<\/p>\n<p>You know what that&hellip; <a href=\"https:\/\/t.co\/va7W8abVjb\">pic.twitter.com\/va7W8abVjb<\/a><\/p>\n<p>&mdash; Sealana (@Sealana_Token) <a href=\"https:\/\/twitter.com\/Sealana_Token\/status\/1798752723065798739?ref_src=twsrc%5Etfw\">June 6, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Originally a purely Solana-based token, SEAL has expanded to become multichain, offering a BNB Chain version of $SEAL and enabling $SEAL purchases on Ethereum (<a href=\"https:\/\/www.coingecko.com\/en\/coins\/ethereum\" target=\"_blank\" rel=\"noopener\">ETH<\/a>).<\/p>\n<p>The multichain presence will also play a role in the planned airdrop for project participants. The tokens will be airdropped directly to presale buyers, regardless of whether they used SOL, ETH, or BNB, thus eliminating the need for manual claiming and the expense of paying gas fees.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">If someone over takes you and flips you off!&#128405;Don&rsquo;t pull your gun on them, just give them an Emotional Support <a href=\"https:\/\/twitter.com\/search?q=%24SEAL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SEAL<\/a> Beer! &#127867;&#129453; Never let anything distract you from your goal of Massive Gains, Lambos, and Freedom! &#127482;&#127480;&#128176;<\/p>\n<p>Cheers to big wins and livin' the <a href=\"https:\/\/twitter.com\/hashtag\/Sealana?src=hash&amp;ref_src=twsrc%5Etfw\">#Sealana<\/a> dream! &#129453;&#128640;&hellip; <a href=\"https:\/\/t.co\/eww6YolDkk\">pic.twitter.com\/eww6YolDkk<\/a><\/p>\n<p>&mdash; Sealana (@Sealana_Token) <a href=\"https:\/\/twitter.com\/Sealana_Token\/status\/1797625344708473245?ref_src=twsrc%5Etfw\">June 3, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The SEAL presale has raised more than $3 million and will close on June 25, at 6 PM UTC.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/sealana\" target=\"_blank\" rel=\"noopener nofollow\">Buy SEAL tokens on the official website here before it closes<\/a>.<\/p>\n<h3>Also Read:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/how-to-buy-sealana\">How to Buy Sealana &ndash; SEAL Presale Review<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/solanas-sealana-seal-is-bringing-back-meme-coin-greatness-raises-300000-in-opening-week\">Solana&rsquo;s SEALANA ($SEAL) Is Bringing Back Meme Coin Greatness, Raises $300,000 In Opening Week<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/top-3-presale-crypto-gems-to-invest-in-before-may-ends-dogeverse-sealana-and-5th-scape\">Top 3 Presale Crypto Gems to Invest in Before May Ends &ndash; Dogeverse, Sealana, and 5th Scape<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/is-sealana-the-next-big-solana-based-meme-coin-todaytrader-presale-review\">Is Sealana the Next Big Solana-Based Meme Coin? &ndash; TodayTrader Presale Review<\/a><\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/pulse\/next-crypto-explode-unveiling-potential-market-shaker-calsona-hmwze\/\">Next Crypto to Explode: Unveiling the Potential Market Shaker of 2024<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">PlayDoge (PLAY) - Newest ICO On BNB Chain<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/05\/playdoge.svg\" alt=\"PlayDoge\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>2D Virtual Doge Pet<\/li>\n                                                                                                    <li>Play To Earn Meme Coin Fusion<\/li>\n                                                                                                    <li>Staking &amp; 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