Shark Cat

Million

Coin

The Shark Cat price rose 12% in the last 24 hours <a href="https://dexscreener.com/solana/bszedbevwrqvksaf558eppwcm16avepyhm2hgsq9wzyy" rel="noopener noreferrer nofollow">to trade at $0.1914</a> as of 02:45 a.m. EST on trading volume that dropped 40% to $20 million.
This comes as the token gears up for its listing on the <a href="https://cryptocodes.care/b_mexc_66118" rel="noopener noreferrer nofollow">MEXC</a> centralized exchange (CEX) today with SC/USDT starting its trading at 14:00 UTC.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 .<a href="https://twitter.com/SharkCatSolana?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@SharkCatSolana</a>, a memecoin about a cat with a shark hat, is coming to <a href="https://twitter.com/hashtag/MEXCKickstarter?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#MEXCKickstarter</a> 🚀
 🗳Vote with <a href="https://twitter.com/search?q=%24MX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$MX</a> to share massive airdrops 📈 $SHARKCAT/USDT Trading: 2024-05-07&nbsp;14:00 (UTC)
 Details: <a href="https://t.co/Wt64QirMBz" rel="noopener noreferrer nofollow">https://t.co/Wt64QirMBz</a>
 Note: Due to another project with the token name SC being… <a href="https://t.co/IUuY0KGkOC" rel="noopener noreferrer nofollow">pic.twitter.com/IUuY0KGkOC</a>
 — MEXC_EN 🌎 (@MEXC_EN) <a href="https://twitter.com/MEXC_EN/status/1787448387698327781?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 6, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="span-style-font-weight-400-shark-cat-price-set-to-rally-over-the-bullish-pennant-span">Shark Cat Price Set To Rally Over The Bullish Pennant</h2>
<figure id="attachment_517897" aria-describedby="caption-attachment-517897" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-517897" src="https://insidebitcoins.com/wp-content/uploads/2024/05/dexscreener.com_SC_SOL_2024-05-07_10-45-18.png" alt="Shark Cat Chart Analysis Source: Dexscreener.com" width="1280" height="525" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/dexscreener.com_SC_SOL_2024-05-07_10-45-18.png 1280w, https://insidebitcoins.com/wp-content/uploads/2024/05/dexscreener.com_SC_SOL_2024-05-07_10-45-18-300x123.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/dexscreener.com_SC_SOL_2024-05-07_10-45-18-1024x420.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/dexscreener.com_SC_SOL_2024-05-07_10-45-18-768x315.png 768w" sizes="(max-width: 1280px) 100vw, 1280px">
 <figcaption id="caption-attachment-517897" class="wp-caption-text">
 SCUSD Chart Analysis Source: Dexscreener.com
 </figcaption>
</figure>
The Shark Cat price soared to an all-time high (ATH) of $0.39 after its launch. The bulls have not been able to reclaim this resistance, as the SC price retraced in April to the $0.04073 support zone.
SC has been able to touch this resistance level three times, forming a triple bottom pattern. A triple bottom pattern signifies a potential trend reversal and a shift from a bearish sentiment. The three consecutive lows near the same level created a distinct support area at $0.04073.
The triple bottom pattern allowed the price to soar through a markup phase, the resistance around $0.12. SC has been fluctuating within the range between $0.12 and $0.18, forming a bullish pennant pattern.
SC is trading gracefully above both the 50-day and 20-day Simple Moving Averages (SMAs), a confirmation of the bullish rally to the upside.
Moreover, the reading on the Relative Strength Index (RSI) is positive, as it trades at 67, moving up, an indication of intense buying pressure.
The Average Directional Index (ADX) also trades at 40, gracefully above the 25 region, an indication of a very strong bullish trend.
<h2 id="span-style-font-weight-400-shark-cat-price-prediction-span">Shark Cat Price Prediction</h2>
Shark Cat’s bullish trend remains strong, as SC aims to capitalize on the formation of the triple bottom pattern and the bullish pennant to push the price above to target $0.29.
Major indicators, including the RSI and ADX, also show positive price movements, as the bulls aim to push the price even further above.
Moreover, the 50-day crosses above the 200-day SMA, forming a golden cross at $0.97. Optimistic investors will look to capitalize on these indicators to buy more, eventually pushing the price higher.
However, if the bears take control of the price at this level, SC could drop to the next support level around $0.09, coinciding with the 200-day SMA.
As the Shark Cat price soars, investors are also buying Wiener AI, a new AI meme coin hybrid token that aims to use its AI capabilities to emulate the success of titans like DOGE and SHIB.
<h2 id="span-style-font-weight-400-new-ai-meme-coin-wienerai-raises-over-1-2-million-span">New AI Meme Coin WienerAI Raises Over $1.2 Million</h2>
<a href="https://insidebitcoins.com/visit/wienerai" rel="noopener noreferrer nofollow">WienerAI (WAI)</a> has amassed a huge following, with its presale already soaring past $1.2 million in funds raised.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 A HUGE MILESTONE!
 Just WAIT until you see what we have in store.
 🌭🌭🌭🌭🌭🌭🌭🌭🌭🌭🌭🌭🌭🌭🌭 <a href="https://t.co/Yv8qfK053K" rel="noopener noreferrer nofollow">pic.twitter.com/Yv8qfK053K</a>
 — WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1786887115911090176?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 4, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
To improve its utility, WienerAI has recently added the most advanced beginner-friendly trading bot in crypto to its ecosystem. As a trading partner, the bot has user-friendly AI-enhanced trading, seamless swap functionality, and zero fees.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 We Welcome Wiener Hoarders!
 AI-Enhanced Trading. Sausages. A match made in heaven!
 🌭🌭 <a href="https://t.co/2AeDUW2ssF" rel="noopener noreferrer nofollow">pic.twitter.com/2AeDUW2ssF</a>
 — WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1787190555627438452?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 5, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
WienerAI is following in the footsteps of another canine meme coin and AI security token, Scotty the AI (SCOTTY), which amassed more than $10 million in its recent presale.
You can also earn passively through the platform’s staking system, where you can <a href="https://insidebitcoins.com/visit/wienerai" rel="noopener noreferrer nofollow">stake $WAI</a> for an eye-watering 796% annual percentage yield (APY).
According to 99Bitcoins, a popular YouTube channel with more than 700,000 subscribers, WAI has the potential to explode 100X after launch.
<iframe title="THE NEXT 100X AI PRESALE CRYPTO GEM!! New Presale to BUY NOW!!" width="640" height="360" src="https://www.youtube.com/embed/dX2VKBUpXh8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
To participate in the presale, <a href="https://insidebitcoins.com/visit/wienerai" rel="noopener noreferrer nofollow">you can purchase $WAI tokens on the official website here</a> for $0.000704 each.
Act soon if you are interested before a price hike in less than 19 hours. You can use ETH, USDT, or your bank card to make the purchase.
<h2 id="span-style-font-weight-400-related-news-span">Related News</h2>
<ul>
 <li><a href="https://www.linkedin.com/pulse/upcoming-crypto-presales-unlock-early-investment-calsona-plu5e" rel="noopener noreferrer nofollow">Upcoming Crypto Presales: Unlock Early Investment Opportunities! 🚀🌟</a></li>
 <li><a href="https://www.linkedin.com/pulse/presale-crypto-list-top-upcoming-cryptocurrencies-invest-calsona-9m74e" rel="noopener noreferrer nofollow">🚀📈 PRESALE CRYPTO LIST: Top Upcoming Cryptocurrencies to Invest in 2024 🔥💰</a></li>
 <li><a href="https://insidebitcoins.com/cryptocurrency-exchanges/binance-alternatives/" rel="noopener noreferrer nofollow">Binance Alternatives – 10 Better Platforms</a></li>
</ul>

Is It Too Late To Buy SC? Shark Cat Price Soars 12% As This New AI Meme Coin Presale Blasts Past $1.2 Million

Table of Contents

Inside Bitcoins

Other articles published on May 7, 2024

Bitgert Coin Set to Skyrocket: Experts Foresee a +500% Surge This Week

Smart Trader Buys 3.18 Million Fantom (FTM)

Investor’s FOMO Nightmare Comes Alive as Solana (SOL) Trade Loss Highlights Crypto and FUD Risks

Ethereum ETF approval hangs in the balance as SEC deadline looms

Cardano (ADA) Experiences Turbulent 4 Days: Peaks at $0.48 Before a 10% Drop – What’s on the Hori...

Render Token Jumps 34% This Week! RNDR Price To Achieve A New ATH In May?

Join our free newsletter for daily crypto updates!