Solana Price Prediction: SOL Loses $100 Support With 7% Plunge, But Investors Are All In On This Meme Coin Presale As It Rockets Towards $8 Million

The Solana value has plunged 7% within the final 24 hours to trade at $95.78 as of 6:27 a.m. EST on buying and selling quantity that rose 5.3% to $3.8 billion

Up to now, Solana has proven resilience and bounced again from dips. For instance, in late 2023, it dipped beneath $8, however by early 2024, it had surpassed $100. Can we see one other bull rally?

Solana Worth On An Uptrend As It Breaks Above The Bullish Pennant

The Solana value remained in a bullish zone above the $80 and $82 assist ranges. Nevertheless, the bears have exerted strain on the value, with the SOL value shedding its $100 assist and deciding on the higher boundary of the pennant.

The bulls have been energetic across the $92 zone, with a base fashioned, permitting the value to soar barely to $95.78.

Solana is at present buying and selling barely above the 50-day easy transferring common (SMA), confirming the bullish sentiment. If this bullish momentum is sustained, it will likely be capable of overcome the 200-day SMA snag.

The Relative Power Index (RSI) rebounded from 36 to 44, indicating intense shopping for strain. A rise in momentum may see the RSI push to the 70-overbought area.

Solana Worth Prediction

The Solana value bulls are anticipating greater targets round key resistance ranges at $126 because the bullish pennant provides to their optimistic outlook.

Nevertheless, in a reverse situation, if the bears exert extra strain, the value might method the $68 threshold if a sustained bearish development continues.

As Solana bulls anticipate a rebound, buyers on the lookout for important returns are turning to Meme Kombat, as analysts say this GameFi challenge is poised to blow up post-launch.

Meme Kombat Presale Raises $7.8 Million, Closing In On Its $8 Million Goal

The Meme Kombat (MK) presale has garnered $7.8 million in early funding, closing in on its $8 million goal. As soon as the goal is reached, the group plans a $25,000 giveaway, which you’ll simply take part in by buying MK tokens at a reduced value of $0.279.

We have now efficiently conquered the $7.8 million mark within the $MK presale⚔️

Congrats everybody! pic.twitter.com/NG0lZmNUZ9

— Meme Kombat (@Meme_Kombat) January 31, 2024

The worth will stay at $0.279 per token till the group has acquired the arduous cap goal of $10 million.

Be part of Meme Kombat, Stake, And Get Rewarded

Meme Kombat is a challenge that brings a playful method, infusing pleasure into the crypto area via the mixing of meme tradition and tokenized battles.

Within the digital battle enviornment, iconic meme figures will conflict in dynamic AI-powered duels.

You possibly can take part in these battles through the use of your MK tokens to wager on these digital clashes, with the chance to be rewarded in case your predictions are proper.

The Meme Kombat group additionally envisions the well timed completion of Meme Kombat NFTs. The NFTs will convey utility to MK Season 2, with a singular fusion of artwork and performance.

Are you hyped for the #MemeKombat NFTs? ⚔️

We’re working to launch them and get them into your palms quickly! pic.twitter.com/aPW8S7ZHTg

— Meme Kombat (@Meme_Kombat) January 31, 2024

You even have the chance to stake your acquired MK tokens and earn a powerful annual proportion yield (APY) of 119%. Over 33 million MK tokens have already been staked, with over 7 million rewards paid out in $MK.

YouTube crypto analyst Jacob Bury that MK has the potential to blow up post-launch.

To affix the presale, go to the official Meme Kombat web site, join your Net 3 pockets, and trade your ETH, USDT, or BNB for MK tokens.

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