Degen

Solana

BEER

Coin

The BeerCoin price soared 84% in the past 24 hours to trade for $0.0003960 as of 02:32 a.m. EST on trading volume that skyrocketed nearly 270%.
That took BEER’s <a href="https://twitter.com/beercoinmeme/status/1798248564432515222" target="_blank" rel="noopener noreferrer nofollow">market capitalization</a> to $350 million before it pared gains to land at about $220 million.
The surge is attributed to the hype around the BEER ecosystem’s non-fungible token (NFT) retrodrop. BEER NFTs were <a href="https://magiceden.io/marketplace/beerpass" rel="noopener noreferrer nofollow">officially listed and verified</a> on Magic Eden
<a href="https://insidebitcoins.com/wp-content/uploads/2024/06/BEER-NFT.jpeg" rel="noopener noreferrer nofollow"><img decoding="async" class="alignleft wp-image-531886" src="https://insidebitcoins.com/wp-content/uploads/2024/06/BEER-NFT.jpeg" alt="BeerCoin" width="750" height="332" srcset="https://insidebitcoins.com/wp-content/uploads/2024/06/BEER-NFT.jpeg 1280w, https://insidebitcoins.com/wp-content/uploads/2024/06/BEER-NFT-300x133.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/06/BEER-NFT-1024x454.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/06/BEER-NFT-768x340.jpeg 768w" sizes="(max-width: 750px) 100vw, 750px"></a>
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Another bullish fundamental for the BeerCoin price is the recent <a href="https://twitter.com/beercoinmeme/status/1797961949227176017" target="_blank" rel="noopener noreferrer nofollow">listing</a> on BitPanda trading platform. Amid this hype, the BeerCoin price is up 130% in the past seven days, CoinGecko <a href="https://www.coingecko.com/en/coins/beercoin-2" rel="noopener noreferrer nofollow">data</a> shows.
<h2 id="beercoin-price-prediction">BeerCoin Price Prediction</h2>
The BeerCoin price exploded past the confines of the ascending parallel channel on the back of a buying frenzy. With this breakout, it recorded a new peak of $0.0004008, with prospects for more gains amid ongoing buying pressure.
Evidence of the buying pressure is the higher lows on the Relative Strength Index (RSI), suggesting strong and growing buying pressure. The Moving Average Convergence Divergence (MACD) is also well above the orange band of the signal line, reinforcing the bullish thesis.
Based on the Fibonacci indicator outlook, increased buyer momentum could see the BeerCoin price extend the gains to the next logical target of $0.0005057, earmarked by the 127.2% Fibonacci retracement level.
<a href="https://insidebitcoins.com/wp-content/uploads/2024/06/BEER-2.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-531881 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/06/BEER-2.png" alt="BeerCoin" width="1366" height="768" srcset="https://insidebitcoins.com/wp-content/uploads/2024/06/BEER-2.png 1366w, https://insidebitcoins.com/wp-content/uploads/2024/06/BEER-2-300x169.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/06/BEER-2-1024x576.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/06/BEER-2-768x432.png 768w" sizes="(max-width: 1366px) 100vw, 1366px"></a>
<a href="https://www.geckoterminal.com/solana/pools/Cne2WysEXzSLWbdABTG3vYkRNyJyMJ1zLhn26QPrBRZg" target="_blank" rel="noopener noreferrer nofollow">GeckoTerminal: BEER/USD 4-hour chart</a>
On the other hand, if the bears recover the market and seller momentum takes form, the BeerCoin price could retrace. Notably, BEER is already massively overbought, based on the position of the RSI at 88.
This means it could be due for a pullback anytime soon. However, based on Welles Wilder’s interpretation of the RSI, an asset is only ripe for selling once the RSI crosses below the 70 threshold.
Until then, therefore, traders may consider leaving their orders open, save for those looking to take new positions on BEER. For this lot, caution is advised as a correction may be imminent.
Nevertheless, it is worth mentioning that the BEER token’s bullish outlook will only be invalidated upon a candlestick close below $0.0000153. Such a move would constitute a fall of nearly 96% below current levels.
With the BeerCoin price at a high risk of correction, investors might want to consider new presale Sealana, a Solana meme coin that has surged past $3 million in funds raised.
Crypto analysts and YouTuber Oscar Ramos has provided a detailed explanation of how it works in an insightful review.
<iframe title="SEALANA Crypto PRE-SALE Review - HOW IS THIS WORKING!?" width="640" height="360" src="https://www.youtube.com/embed/vkNDzYR8WEE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
<h2 id="promising-alternative-to-beercoin">Promising Alternative To BeerCoin</h2>
SEAL, which powers the <a href="https://insidebitcoins.com/visit/sealana" target="_blank" rel="noopener noreferrer nofollow">Sealana ecosystem</a>, is one of the promising alternatives to Beercoin. The token is based on a light-hearted narrative that focuses on a degen seal trader.
The character, once sleek and agile, has now adopted a sedentary trader’s lifestyle, and is growing obese on a diet of tuna and chips while dreaming of finding the next 1000x meme coin.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/Sealana?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Sealana</a> ain’t slowing down anytime soon! 🔥With his companions he’s out here finishing what <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@realDonaldTrump</a> started! 🦭💪 Send <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a> to clean out the swamp 🏞️ and make <a href="https://twitter.com/hashtag/Memecoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Memecoins</a> great again. 🚀💰 Once the swamp's clear, it's Lambos 🚗, Massive Gains 📈and Freedom all the way!!!… <a href="https://t.co/vFMEaRZWKW" rel="noopener noreferrer nofollow">pic.twitter.com/vFMEaRZWKW</a>
 — Sealana (@Sealana_Token) <a href="https://twitter.com/Sealana_Token/status/1795152886722101600?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 27, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Crypto analyst and YouTuber Jacob Bury says SEAL has the potential to 10X on launch.
<iframe title="SOLANA MEME COIN SEALANA NEW 10X POTENTIAL CRYPTO?! (Best Crypto to Buy Now?!)" width="640" height="360" src="https://www.youtube.com/embed/TxWg80m2V1E?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>
SEAL is a ‘Send SOL’ presale with no timer, stages, hard cap, or even a white paper. That means the ICO can end at any time and that interested investors should snap it up as soon as possible.
<a href="https://insidebitcoins.com/visit/sealana" target="_blank" rel="noopener noreferrer nofollow">B</a><a href="https://insidebitcoins.com/visit/sealana" target="_blank" rel="noopener noreferrer nofollow">uy SEAL on the official website here</a>. Each token costs $0.022.
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-sealana" rel="noopener noreferrer nofollow">How to Buy Sealana – SEAL Presale Review</a></li>
 <li><a href="https://insidebitcoins.com/news/solanas-sealana-seal-is-bringing-back-meme-coin-greatness-raises-300000-in-opening-week" rel="noopener noreferrer nofollow">Solana’s SEALANA ($SEAL) Is Bringing Back Meme Coin Greatness, Raises $300,000 In Opening Week</a></li>
 <li><a href="https://insidebitcoins.com/news/top-3-presale-crypto-gems-to-invest-in-before-may-ends-dogeverse-sealana-and-5th-scape" rel="noopener noreferrer nofollow">Top 3 Presale Crypto Gems to Invest in Before May Ends – Dogeverse, Sealana, and 5th Scape</a></li>
 <li><a href="https://insidebitcoins.com/news/is-sealana-the-next-big-solana-based-meme-coin-todaytrader-presale-review" rel="noopener noreferrer nofollow">Is Sealana the Next Big Solana-Based Meme Coin? – TodayTrader Presale Review</a></li>
 <li><a href="https://www.linkedin.com/pulse/next-crypto-explode-unveiling-potential-market-shaker-calsona-hmwze/" rel="noopener noreferrer nofollow">Next Crypto to Explode: Unveiling the Potential Market Shaker of 2024</a></li>
</ul>

BeerCoin Price Prediction: BEER Soars 84% As Experts Say Consider This Degen Solana Meme Coin Rival For Explosive Upside

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