{"id":563576,"date":"2024-08-12T10:35:49","date_gmt":"2024-08-12T10:35:49","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=563576"},"modified":"2024-08-12T10:35:02","modified_gmt":"2024-08-12T10:35:02","slug":"is-it-too-late-to-buy-ponzio-ponzio-the-cat-price-skyrockets-45-as-experts-say-this-shiba-2-0-might-be-the-best-meme-coin-to-buy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-ponzio-ponzio-the-cat-price-skyrockets-45-as-experts-say-this-shiba-2-0-might-be-the-best-meme-coin-to-buy","title":{"rendered":"Is It Too Late To Buy PONZIO? Ponzio The Cat Price Skyrockets 45% As Experts Say This SHIBA 2.0 Might Be The Best Meme Coin To Buy"},"content":{"rendered":"

Ponzio The Cat price has surged 45% in the last 24 hours to trade at $1,131<\/a> as of 3:30 a.m. EST on an 80% pump in trading volume to $4 million.<\/p>\n

PONZIO has skyrocketed 380% in the past week, boosting its market capitalization to $1.5 million. The token swiftly attracted the attention of investors and traders since its launch in June and quickly established connections with major crypto platforms like CoinMarketCap, DEXTools, and CoinGecko.<\/p>\n

Ponzio The Cat Price Blasts Out Of Consolidation Zone<\/h2>\n

The Ponzio The Cat price has been trading within a consolidation range for a while and has found solid support at $69.52, which has helped the bulls push the price up within a bullish channel. The support level at $521 has also added to the sentiment, pushing the price slightly above the bullish channel at $1150.<\/p>\n

\"Ponzio<\/p>\n

PONZIOUSD Analysis (Source: Dextools.io)<\/p>\n

Despite a recent dip in bearish activity, bullish investors are gearing up to push Ponzio The Cat’s price beyond the $1130 mark. Additionally, the price is currently trading above both the 50 and 200 Simple Moving Averages (SMA), reinforcing its upward momentum and overall bullish market sentiment.<\/p>\n

Ponzio The Cat Price Indicators Signal Bullish Trend Continuation<\/h2>\n

The Moving Average Convergence Divergence (MACD) line is also positioned above the neutral line, with a green histogram indicating increased investor interest. This setup points to a strong bullish trend, with the MACD indicators showing positive momentum. Furthermore, the blue MACD line has crossed above the orange signal line.<\/p>\n

The Relative Strength Index (RSI) has bounced back from the midpoint of 50 to 90 in the overbought level of 70, indicating strong buying pressure for Ponzio The Cat price.<\/p>\n

With this ongoing increase, Ponzio The Cat might continue to rise above its current price of $1,130, potentially reaching a new high in the coming weeks.<\/p>\n

However, sellers might increase pressure if the price falls due to the overbought RSI. In such a case, the $914 support zone will be crucial to watch to determine if the price stabilizes or drops further.<\/p>\n

Promising Alternative To PONZIO<\/h2>\n

While Ponzi The Cat has already made waves with its incredible rise, this meme-inspired project  Shiba Shootout (SHIBASHOOT) is quickly gaining traction and has analysts saying it may be the next breakout meme coin star<\/p>\n

Shiba Shootout is quickly emerging as a standout in the meme coin space, offering a Wild West-themed adventure that goes beyond the typical crypto project.<\/p>\n

Inspired by Shiba Inu, Shiba Shootout combines creativity, strategy, and play-to-earn (P2E) gaming in its fictional town of Shiba Gulch, where players can earn $SHIBASHOOT tokens by winning cowboy duels.<\/p>\n

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Marshall Shiba is the fastest draw in the Wild West, but he loves staking his tokens even more! With a huge APR on the horizon, he's all in for the long haul. 🌵💰 🌵 #CryptoCowboy<\/a> #Staking<\/a> #DeFi<\/a> #P2e<\/a> #Shibashootout<\/a> #Trending<\/a> pic.twitter.com\/YDRriMRaYb<\/a><\/p>\n

— shibashootout (@shibashootout) August 11, 2024<\/a><\/p><\/blockquote>\n