Panda Swap Price Prediction: PANDA Skyrockets 28% As Traders Rush To Buy New SOL Meme Coin Slothana With Just Six Days Left

Blockchain
0

Join Our Telegram channel to stay up to date on breaking news coverage

The Panda Swap price has soared 28% in the past 24 hours to trade for $0.0130 as of 05:24 a.m. EST.

With this surge, PANDA is trending on CoinMarketCap, alongside the king of cryptos Bitcoin, PEPE, BONK, SOL, and WIFSA.

The surge comes ahead of an expected listing on MEXC exchange, which will bring PANDA to 10 million new users across 170 countries that make up the exchangeโ€™s customer base.

The altcoin is also trending on DEXTools, with BitMart Exchange listing it among its top gainers.

There are also rumors of PandaSwapsol going live as a decentralized exchange (DEX) on CoinMarketCap. It will also be added to every Solana coin market section like Jupiter and Raydium.

Panda Swap Price Outlook As PANDA Trends Ahead Of Multiple Listings

The Panda Swap price is nurturing a recovery rally after a fall of nearly 85% beginning April 1. A breach of the immediate resistance marked by the 61.8% Fibonacci retracement level of $0.0177 could see the Panda Swap foray into the Golden Zone.

This area, which stands between the 61.8% Fibonacci retracement level and the 50% placeholder, is a critical supply zone as it often markets the region where price reacts.

A decisive move above the 50% Fibonacci placeholder of $0.0220 would confirm the continuation of the uptrend, sending the Panda Swap price above the 38.2% Fibonacci retracement level of $0.0262.

The Relative Strength Index (RSI) is also producing higher highs, signifying rising momentum, which is reinforced by the Awesome Oscillator (AO) and the Moving Average Convergence Divergence (MACD) indicators that continue to record green histogram bars showing a growing bullish sentiment.

The position of the MACD about its signal line reinforces this outlook.

TradingView: PANDA/USDT 12-hour chart

On the other hand, if the 61.8% Fibonacci retracement level holds as resistance at $0.0177, the Panda Swap price could suffer a rejection. In such a directional bias, a candlestick close below $0.0040 support on the 12-hour timeframe would invalidate the bullish thesis.

Meanwhile, investors are rushing to buy SLOTH, a new Solana meme coin whose launch is less than six days away.

Promising Alternative To Panda Swap

SLOTH is the ticker for the Slothana ecosystem, inspired by the chilled-out charm of sloth. The presale has been a massive success, raking in over $15 million.

With less than six days remaining until the official launch, potential investors have a last, narrow window of opportunity to acquire SLOTH tokens.

Analysts anticipate the potential for a 100x price increase upon launch, similar to the significant gains recently seen with other sloth-themed meme coins like SLERF.

The allure of the project and the excitement it has generated among crypto enthusiasts is attributed to a strong blockchain foundation and a history of successful sloth-themed projects.

Buy SLOTH Before It Launches

In the past week, Solana developers deployed a mainnet beta update intended to address the networkโ€™s congestion problems. This has primed Solana and all its affiliated projects for a bounce back.

SLOTH

To be part of this, take advantage of the remaining five days and a few hours that are left. The easiest way to buy is on the Slothana website, where each token has an approximate price of $0.01552602 at the time of writing.

Visit and buy Slothana here. One SOL buys 10,000 $SLOTH.

Also Read:

Smog (SMOG) – Meme Coin With Rewards

Smog token
  • Airdrop Season One Live Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards – 42% APY
  • 10% OTC Discount – smogtoken.com

Smog token


Join Our Telegram channel to stay up to date on breaking news coverage


Credit: Source link

You might also like More from author
Leave A Reply

Your email address will not be published.