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The Simon’s Cat value has skyrocketed 50% within the final 24 hours to trade at $0.00003626 as of three:10 a.m. EST, fueled by a 1,004% pump in buying and selling quantity to $443 million.
The rise in value comes after Simon’s Cat was listed on Binance Futures, making it the primary cat-themed meme coin to debut on the platform.
It’s official: $CAT from @SimonsCatMeme is the primary cat-themed meme to hit Binance Futures. Appears like BNB meme season is again in motion pic.twitter.com/CU9fjVT8gH
— IBCIG (@ibcig) October 21, 2024
Beginning at the moment, Binance merchants can now commerce the 1000CATUSDT pair with as much as 75x leverage. The change highlighted that this providing will allow merchants to make use of the multi-assets mode, permitting them to make use of varied digital belongings, together with Bitcoin (BTC), as collateral for margin.
Simon’s Cat Worth Continues The Uptrend Soars In A Parabolic Curve
Simon’s Cat Worth motion reveals a robust bullish breakout on the 4-hour chart, with the value at present at $0.00003675, reflecting a 6.11% decline on this session. The asset discovered strong assist across the $0.00002200 to $0.00002400 vary, the place it consolidated for an prolonged interval earlier than launching right into a parabolic upward transfer.
This sharp enhance is a results of patrons stepping in after the value crossed each the 50-period SMA at $0.00002726 and the 200-period SMA at $0.00003209. These shifting averages sign a transition right into a bullish development, with the value comfortably buying and selling above each.
CATUSD Evaluation Supply: Dextools.io
The MACD indicator reveals a bullish crossover, with the MACD line (0.00000298) sharply rising above the sign line (0.00000144), indicating rising upward momentum.
Simon’s Cat Worth Might Face Brief-Time period Consolidation
In the meantime, the RSI is at 69.29, nearing the overbought zone (above 70), suggesting that the Simon’s Cat value could face short-term consolidation or a minor correction quickly because it approaches an overbought situation.
Regardless of the sturdy upward momentum, the fast resistance is across the latest excessive of $0.00004000. If the value breaks above this stage, the following key resistance might be round $0.00005000.
Whereas the parabolic value motion suggests aggressive shopping for, merchants needs to be cautious of potential corrections given the nearing overbought situations indicated by the RSI. General, the market reveals sturdy bullish momentum, however a pullback or consolidation may be anticipated within the quick time period.
Pepe Unchained Blasts Previous $21.5 Million: Finest Crypto To Purchase Now?
The bullishness powering Simon’s Cat value is greater than matched by that behind the brand new PEPE by-product Pepe Unchained (PEPU), which has already crashed previous $21.5 million in one of many greatest presales this 12 months.
An analyst from the 99Bitcoins YouTube channel, which has an enormous following of over 706k subscribers, says that PEPU might probably surge by 100X as soon as it formally launches.
PEPU is designed to take the OG meme coin PEPE into the fashionable period and that’s why it comes with its personal Layer 2 blockchain.
That community will increase speeds by as much as 100 instances in comparison with PEPE’s clunky Ethereum community, whereas additionally slashing gasoline charges.
Although it’s sooner and cheaper, it’s absolutely appropriate with Ethereum’s dApps and companies. So, customers get all of the velocity advantages with out shedding entry to Ethereum’s ecosystem.
The plan can also be to open up the Layer 2 blockchain to the remainder of the meme coin house, making a scalable framework that would deliver the enjoyable and lighthearted facet of crypto into a complete new period.
PEPU Developer Grants – A Sport Changer
The PEPU crew has launched a developer grant program referred to as “Frens with Advantages” that goals to incentivize builders to develop Pepe Unchained’s ecosystem.
Pepe retains on BUILDING!
$21M raised. Momentum rising! 🐸🐸🐸 pic.twitter.com/3c8pvDEsvU
— Pepe Unchained (@pepe_unchained) October 20, 2024
PEPU affords an annual staking yield of 105% and already over 1.5 billion PEPE tokens have been staked.
PEPU is at present priced at $0.0115, and it may be bought utilizing ETH, USDT, BNB, and even financial institution playing cards. A value enhance is coming in barely lower than 1 day so purchase quickly if you’re .
Buy PEPU tokens on the official website here.
Associated Article
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Quickly
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