Is It Too Late To Buy UFD? Unicorn Fart Dust Price Soars 534% And This Might Be The Next Crypto To ExplodeWEPE On Track To Outperform Pepe Unchained
The Unicorn Fart Dust price surged over 534% in the last 24 hours to trade at $0.1781 as of 6:20 a.m. EST as investors FOMO buy the new meme coin.
What was initially intended to be a joke crypto to show how out of control the meme coin market is, the new token has entered the market with a bang. The surge seen in the UFD price even surprised the project’s creator, who is known to invest in more traditional assets like gold and silver.
Unicorn Fart Dust Price Challenging Resistance
1-hour chart for UFD/USD (Source: DEX Screener )
The Unicorn Fart Dust price has formed a technical resistance level at $0.1833, which it is currently trying to break above. Clearing this obstacle could give the meme coin the foundation needed to keep climbing in the following 24 hours. UFD might subsequently rise to $0.2023.
However, a rejection from the $0.1833 barrier might mark the end of the crypto’s bullish move. In this alternative scenario, the Unicorn Fart Dust price could stand the risk of correcting to the nearest technical safety net at $0.1632. Losing this support might then lead to UFD falling to the next major level at $0.1422. In an extremely bearish case, UFD could plummet to $0.1072.
Technicals Warn The Unicorn Fart Dust Price Might Correct Soon
Technical indicators on the meme coin’s 1-hour chart warn the Unicorn Fart Dust price is losing its bullish momentum. Buyers appear to be exiting the crypto’s charts, which is evidenced by the neutral slope of the Relative Strength Index (RSI) line. The current reading in overbought territory could also be seen as a sell signal, leading to a wave of bearish pressure on UFD soon.
Meanwhile, the Moving Average Convergence Divergence (MACD) line is positioned above the MACD Signal line. This suggests the Unicorn Fart Dust price is in a short-term bullish trend. However, the leveling off of the MACD Histogram slope warns this positive momentum may be waning. If this trend continues, UFD could enter a new more bearish trend.
With technical indicators pointing to an impending correction for UFD, investors and traders might turn their attention to Wall Street Pepe (WEPE) , which is on track to clinch the title of the best presale of 2024.
WEPE has already raised more than $31.7 million within just the first 2 weeks of its ICO going live. Experts also anticipate great things in the project’s future.
One analyst who is bullish on Wall Street Pepe is popular YouTuber ClayBro, who told his more than 133K subscribers that WEPE could make crypto millionaires.
The Top Meme Coin For Degen Traders
What differentiates WEPE is its mission to empower retail traders. Up until now, the crypto trading scene has been dominated by whales, who move their assets to the detriment of smaller, and oftentimes uniformed, traders.
To bring an end to whales supremacy, Wall Street Pepe is growing a WEPE Army of degen traders and analysts.
Anyone can become a part of this group by purchasing WEPE tokens, which are currently selling for $0.000365 and can be bought with either crypto or bank card via the buy widget embedded on the project’s website.
With WEPE tokens in hand, holders will unlock access to exclusive market insights and future alpha trade calls that will enable them to take on crypto whales and trade like a pro.
Investors can also grow their WEPE token holdings passively through the project’s native staking initiative. Anyone who buys and stakes WEPE now will gain access to a 41% APY.
WEPE On Track To Outperform Pepe Unchained In Presale
Another frog-themed token by the name of Pepe Unchained (PEPU) has been the talk of the town lately after it raised more than $73 million through its blockbuster ICO. However, WEPE has already pulled in more capital from investors than PEPU had at the same stage of its parabolic presale.
Investors that want to acquire WEPE at the best possible rate will want to act fast because the meme coin’s price is set to increase with each new stage of its ICO. The next price adjustment will happen in about 21 hours.
Visit WEPE Token.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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