Meme AI Price Prediction: MEMEAI Drops 3% As This Chain-Hopping Dogecoin Derivative ICO Blasts Past $13 Million
Release: 2024/05/02 16:29 Reading: 955
The Meme AI price has dropped 3% in the past 24 hours to trade for $0.004136 as of 02:23 a.m. EST on trading volume that plummeted 90%.
The MEMEAI price is following the sentiment seen across the market, which is bleeding after Bitcoin dipped to the $56,000 range on Wednesday.
That followed news that the FOMC (Federal Open Market Committee) meeting had held interest rates on hold amid uncertainties over when the Fed will be able to lower interest rates.
POWELL SAID FIRM INFLATION LAST QUARTER HAS INTRODUCED NEW UNCERTAINTY OVER WHEN AND WHETHER THE FED WILL BE ABLE TO LOWER RATES LATER THIS YEAR
— *Walter Bloomberg (@DeItaone) April 16, 2024
The MEMEAI token is now trending on Coingape, alongside Ethena (ENA), Bitcoin (BTC), Rezos (REZ), Pepe (PEPE), Ethereum (ETH), and Worldcoin (WLD).
?Explore the dynamic #crypto world with #top #trending #cryptocoins rising high in the market?$ENA $MEMEAI $BTC $GMRX
?️Follow @CoinGapeMedia pic.twitter.com/dgteIGb6Od
— Crypto News (CoinGape) (@CoinGapeMedia) May 2, 2024
Meme AI Price Prediction
The Meme AI price is consolidating within a falling wedge pattern characterized by lower highs and lower lows form as the security trends lower. The falling wedge indicates a decrease in downside momentum and alerts investors and traders to a potential trend reversal.
Even though selling pressure may diminish, demand wins out only when resistance is broken. As with most patterns, traders are advised to wait for a breakout, reinforced by other aspects of technical analysis such as the Relative Strength Index (RSI) to confirm signals.
On the eight-hour chart, the RSI is climbing, which signifies rising momentum. Traders looking to take long positions for MEMEAI should probably wait for a decisive breakout above the upper trendline, accompanied by a move of the RSI above the mean level of 50.
Besides the climbing RSI, the Awesome Oscillator (AO) also shows a green histogram bar, a sign of growing bullish sentiment in the MEMEAI market.
If MEMEAI bulls have their way, the Meme Ai price could break out. Key levels to watch in such a directional bias would be $0.006716, $0.011215, and $0.016118, beyond which the prevailing downtrend would be negated.
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TradingView: MEMEAI/USDT 8-hour chart
On the other hand, if the bears have their way and selling pressure increases, the Meme Ai price could extend the fall. A candlestick close below $0.003831 on the eight-hour timeframe would invalidate any hope for a recovery in the short term.
Even as the Meme AI price coils up for a bullish breakout, DOGEVERSE, a chain-hopping Dogecoin derivative presale, is turning heads as it blasts past $13 million in funds raised in its presale.
Promising Alternative To Meme AI
Dogeverse is a pioneering force in the crypto universe as the first meme coin to launch on the six most used blockchains after Bitcoin. It calls itself “The World’s First Chain Traveling Doge.”
? Welcoming #Blockchain Inclusive Accessibility! ?#DOGEVERSE extends its arms to a broad spectrum of enthusiasts, ranging from #Ethereum devotees to those favoring the swift, economical advantages of #Solana or #Polygon, nurturing a varied and inclusive community. ?✨ pic.twitter.com/Oj5o7h2o3i
— DogeVerse (@The_DogeVerse) April 23, 2024
While most meme coins are limited to just one blockchain network, Dogeverse runs on Ethereum, BNB, Polygon, Solana, Avalanche, and Base chains. There are multi-chain cryptos already, but none are as expansive and interconnected as Dogeverse.
? Have you bought and claimed $DOGEVERSE on the #Solana chain yet?! ??
You can now buy $DOGEVERSE on any of these 6 chains including #Ethereum, #BNB Chain, #Polygon, #Avalanche, #Base, and #Solana.
Find out more: https://t.co/A1puHpzM32#AltSeason #Cryptocurrencies $DOGE pic.twitter.com/0UDMPqDnBR
— DogeVerse (@The_DogeVerse) May 1, 2024
This unique approach offers users enhanced flexibility, allowing seamless token transfers across networks. It also minimizes transaction fees. Moreover, by existing on multiple blockchains, Dogeverse gains exposure to diverse ecosystems. This provides access to a broader user base and unlocks unique functionalities inherent to each blockchain.
Interoperability across major #Blockchains with $DOGEVERSE ?
$DOGEVERSE offers interoperability across #MultiChain like #Ethereum, #BNB, #SOL and more! ✅
This approach reduces barriers and enhances user experience ? ⚡ #BaseChain #AltSeason #Cryptocurrencies $DOGE pic.twitter.com/KNRwYSnUNb
— DogeVerse (@The_DogeVerse) April 30, 2024
The value addition of this concept for users is that they can easily explore various DeFi applications, NFT marketplaces, and other innovations. All these by utilizing their $DOGEVERSE tokens.
On April 26, Dogeverse rolled out its sixth native chain, Solana. The SOL chain boasts up to $3.613 billion in total value locked (TVL), supports up to 1.13 million active users transacting daily and over 2,500 monthly active developers.
The SOL-specific version of the Dogeverse website makes it possible to buy DOGEVERSE tokens using Circle’s USDC, the choice stablecoin on the Solana network.
Cosmo ventures to a new world in the vast #Blockchain Universe! ?
This time landing on planet #Solana and expanding the horizons of the #DOGEVERSE even more! ?
Empowering users with benefits like:
⚡️ Lightning-Fast Transactions? Low Transaction Costs? Scalability and… pic.twitter.com/BH4l5RjhIS
— DogeVerse (@The_DogeVerse) April 30, 2024
Buy DOGEVERSE In The Presale
Dogeverse’s powering token, DOGEVERSE, is now selling for $0.000305, but a price increase is scheduled in slightly more than a day. That means there is no time to lose to secure the lowest price if you are interested.
Visit and buy Dogeverse tokens here.
Also Read:
- How to Buy Dogeverse – $DOGEVERSE Presale Review
- Best Metaverse Crypto Projects: Top Picks for NFT and Virtual World Enthusiasts
- Top 5 Meme Coins to Diversify Your Portfolio for Potential Gains – $DOGEVERSE, $DOGE20, $SHIB, $PEPE, and $FLOKI
- Zach Humphries Honest Insights on Dogeverse – The Newest Multi-Chain Dog Meme Coin
- op 5 Meme Coins to Buy After Bitcoin Halving – $PEPE, $DOGEVERSE, $CUMMIES, $DOGE, $SLOTH
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