Gigacat Price Prediction: Solana Meme Coin GCAT Plunges 48% As Analysts Say Consider This New Crypto For 100X Gains

The Gigacat price dropped 48% in the last 24 hours to trade at $0.0004531 as of 00:47 a.m. EST on trading volume that rose to $944K.

Gigacat Price Gears Up For A Rebound

After an uptrend to the $0.00128 resistance level, the Gigacat price has been on a downtrend, as the GCAT trades within the falling channel pattern, according to data from GeckoTerminal .

The $0.000410 support now acts as a cushion against downward pressure, which the bulls aim to be capitalizing to propel the price over the upper boundary of the channel.

The Relative Strength Index (RSI) is rebounding from the 30-oversold level to currently soar towards the 50-midline level, as the buying pressure increases.

Moreover, the Moving Average Convergence Divergence (MACD) also supports the bullish prospects, as it soars towards the neutral line. The blue MACD line also crosses above the orange signal line, creating a bullish crossover.

GCATUSD Chart Analysis Source: GeckoTerminal.com

With the bulls exerting more pressure, the price of Gigacat is gearing up towards a bullish trend reversal above the falling channel, with the bulls now targeting $0.0010.

However, the Gigacat price now trades below both the 50-day and 200-day Simple Moving Averages (SMAs), whuch may suggest that GCAT is still on a bearish trend. If this scenario continues, the price of Gigacat could plunge further to $0.00020.

As the Gigacat bulls aim to stage a rebound, other investors are also buying a new meme coin, Crypto All-Stars (STARS) , which has already garnered over $855K in its ongoing presale.

According to Jacob Bury, a prominent crypto YouTuber, $STARS has the potential to soar 10X after its launch.

The Crypto All-Stars Presale Amasses Over $855K – Next Meme Coin To Explode?

You want to stake DOGE, SHIB, FLOKI in the easiest way possible? All in one platform? Crypto All-Stars, a new crypto initiative makes this happen. This project has launched a platform that seeks to bring together diverse meme coins.

Through its unique MemeVault protocol, users can stake their preferred meme tokens on this platform and earn rewards in STARS, the platform’s native token.

Meme coins currently on Crypto All-Stars includes Pepe Coin, Dogecoin, Shiba Inu, Floki Inu, Based Brett, MogCoin, Milady, TurboToken, Toshi The Cat, Coq Inu, and BonkCoin. More meme coins will be added.

You can also buy and stake $STARS for an annual percentage yield (APY) of 1,674%.

You can buy $STARS tokens for $0.0014135 each. However, with a price increase coming in about two days, you should act fast to get the meme coin at the best possible price.

Purchase $STARS from its official website here using BNB, USDT, or a bank card.

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