Panda Swap Price Prediction: PANDA Skyrockets 115%, Experts Predict Slothana Is Next SOL Meme Coin To Follow Bonk’s Success

The Panda Swap price exploded 115% to trade for $0.008960 as of 05:18 a.m. EST time.

Trading volume for the PANDA token is up a striking 515%, indicating explosive interest in the revolutionary DEX swap platform’s token that runs on Solana. Citing one user, “The network’s responsiveness to user needs and the fact that it focuses on improving the trading experience reinforces my positive opinion of the coin.” This explains why PANDA is among the top trending coins of the day.

Another possible driver for the PANDA token is anticipation for a listing on BitMart exchange.

The ‘buy the rumor sell the news’ situation is at play, with the Panda Swap price likely to crash once it goes live on exchanges.

Panda Swap Price Prediction Amid Expectation Of BitMart Listing PANDA Token

The Panda Swap price looks poised for a correction on the daily timeframe, but lower timeframes show it is already happening. Based on the Fibonacci retracement indicator, the Panda Swap price could drop almost 20% to find support at the 50% Fibonacci placeholder at $0.007117.

Multiple technical indicators support this outlook, starting with the dropping Relative Strength Index (RSI). This shows buying momentum is falling. The histogram bars of the Moving Average Convergence Divergence (MACD) are also paling, a sign of a weakening bullish trend. Also, the volume indicator is also dropping, accentuating this supposition.

In a dire case where the 50% Fibonacci placeholder fails to hold as support, the Panda Swap price could extend the fall to the bottom of the market range at $0.002895.

Panda Swap

TradingView: PANDA/USD 1-hour chart

On the other hand,  considering the MACD is still moving above the orange band of its signal line, the upside potential is not all lost and the bears could still recover.

If the bulls are able to haul the Panda Swap price above $0.01134, flipping it into support, the bearish thesis would be invalidated. Meanwhile, experts predict SLOTH is the next Solana meme coin to follow Bonk’s success.

Promising Alternative To Panda Swap

Traders are pouring millions into SLOTH, a new ICO on Solana. It is trying and recapture some of that early potential of the network’s established funny tokens like Slerf, DogWifHat, and Bonk. Like its peers, Slothana exploded at launch, raising over $600k within a day after its announcement. And over $500k within hours of going live.

Meme coin-watching channels are ablaze with buzz that Slothana is from the same team that launched Smog (SMOG), which rallied more than 30x for many early investors after listing. Only days after launching a ‘send SOL’ style presale, SLOTH sales have already gone past $2.3 million, and that figure is swelling by the minute!

Slothana

SLOTH is the powering token for the Slothana ecosystem. It is the choice meme coin for beginners and armatures alike. Its limited utility and funny memes present it as a project with the best and the worst traits of the crypto market. Nevertheless, the project distinguishes itself with a no-timed presale model, while at the same time clinging to the high gain potential that its peers recorded before it.

Slothana Price To Benefit From Bitcoin Rally Alongside Solana

With the Bitcoin price showing strength, and with it Solana price, which is up 5% on the week, Slothana could enjoy massive capital inflows. This is likely as investors ride the longstanding Solana meme coin narrative. The same was seen among the more established Solana meme coins such as WIF and BONK. The gains could extend in April, the BTC halving month, which is expected to propel cryptocurrency markets further.

Head to the website to check out the project. To purchase $SLOTH, send SOL to this address. There is also a handy widget on the Slothana website accepting SOL swaps by connecting your Phantom or other self-custody wallet. One SOL buys 10,000 $SLOTH, which means each token has an approximate price of $0.018599 at the time of writing, although this will rise as the presale progresses.

Visit and buy Slothana here.

Also Read:

  • Slothana Crypto ICO Trends On Twitter, Next Solana Meme Coin To Go Viral After $SLERF And $BOME?
  • Slerf Price Prediction: SLERF Is Top Loser With 13% Slump As Traders Send $1M in Solana To New Meme Coin Slothana
  • Slothana Price Prediction – SLOTH Price Analysis 2024
  • Investors Send $1.5 Million In Solana To New Meme Coin Slothana
  • Meme Coin Traders Jump on New SBF Meme Coins As FTX Founder Gets 25-Year Prison Sentence

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