Real Smurf Cat: A Volatile New Cryptocurrency
If you’ve been following the crypto market, you may have heard of Real Smurf Cat (шайлушай), a new cryptocurrency that has been experiencing significant price volatility in the past few hours. In fact, it has gained more than 50% in the last 24 hours and is among the biggest gainers on DEXTools. This token is also one of the trending pairs on blockchain and DeFi data aggregate platforms.
Price History and Current Recovery
About a week ago, Real Smurf Cat saw a surge in its price, climbing over 700% from September 14th to September 16th. However, it faced resistance at $0.000140, causing it to correct towards $0.000080 by September 17th. Although it managed to bounce back towards $0.00001284 on September 18th, it then experienced a downtrend, reaching a swing low at $0.00001891 on September 21st.
Since then, there have been attempts at recovery that have been continuously rejected, leading to even lower lows. The question now is whether the bulls can sustain the current recovery.
Potential Price Targets
Based on recent price action, Real Smurf Cat has formed a descending parallel channel on the two-hour timeframe. However, on September 28th, the token broke out of this bearish chart pattern as the bulls sought to end the downtrend.
The path ahead appears clear for Real Smurf Cat, with a potential target set around the $0.00006280 range high. If it reaches this level, it would represent an 84% increase from the current price.
Possible Downside Levels
On the flip side, if the price turns down from its current levels, the first line of defense would be at the $0.000030 psychological level. Another level to watch is the upper boundary of the declining channel at $0.00002378.
If Real Smurf Cat breaches this level, it could drop lower and return to trading within the descending parallel channel. Traders should expect the meme coin to continue trading in this channel for a few days as its value decreases.
Alternative: TG Casino
Another popular project gaining attention is TG Casino, a Telegram-powered crypto casino. Its native token, $TGC, is based on the Ethereum blockchain and has a capped supply of 100 million coins. The tokenomics of $TGC are designed with investors’ interests in mind.
The ongoing presale for $TGC has already raised close to $240,000 within a few days, indicating high investor optimism in the project. The token allocation for the team is distributed differently compared to other projects, with 40% allocated to the presale, 20% for staking endeavors, 10% for marketing efforts, and 20% into liquidity pools.
By burning 40% of the tokens, the team aims to create a deflationary atmosphere that enhances the token’s value. Currently priced at $0.125, $TGC can be bought using Ethereum (ETH), Binance Coin (BNB), and Tether (USDT).
Conclusion: A Promising Project
In summary, Real Smurf Cat has shown significant volatility in recent hours but may experience a potential recovery towards its previous high. Alternatively, TG Casino offers an alternative investment opportunity with its promising features and deflationary mechanisms. Both projects have captured the attention of crypto enthusiasts and are worth keeping an eye on in the coming months.
Hot Take: Exciting Cryptocurrencies to Watch
If you’re looking for the next explosive cryptocurrency in 2023, consider exploring Real Smurf Cat and TG Casino. Real Smurf Cat has shown significant price volatility, while TG Casino offers unique features as a Telegram-powered crypto casino. Don’t miss out on these exciting opportunities in the crypto market.
By
By
By
By