Shitcoin Price Surges 80% In A Week As Traders Turn To Meme Coin That Gives Bonuses To Degenerates

Shitcoin’s price jumped 12% in the past 24 hours to trade at $0.01184 as of 5 a.m. EST on trading volume that soared 32% to $5.86 million.

The pump contributed to an 80% surge in the token over the past week, taking the Solana-based SHIT from $0.006608 last Wednesday to its current price.

The token is also currently ranked fifth on CoinMarketCap’s list of trending cryptos, although it was ranked even higher yesterday — something the popular meme coin highlighted in a recent post on X.

Hey @CoinMarketCapthat’s it $SHIT Bitcoin Trend #1?

I guess we’re really shit now. pic.twitter.com/suoB9jwq4j

— Shitcoin (@shitcoin) September 24, 2024

The project’s continued price rise over the past few weeks has come mainly from new listings, as Shitcoin himself pointed out. He stated in a post published on September 3 that it had been listed on BloFin Exchange, marking its third CEX listing in as many weeks.

3rd CEX listing in 3 weeks.

Take this Shit on @BloFin_Official

and don’t get caught with your pants down before the next stop… pic.twitter.com/6hob58aN74

— Shitcoin (@shitcoin) September 23, 2024

Shitcoin Price Prediction

Despite steady growth for weeks, the SHIT token has encountered several major resistances that have been slow to break, often throwing its price back. The latest one that has emerged as a major hurdle for the project was at $0.013 – a barrier that Shitcoin reached only a few hours ago and has failed to overcome.

In fact, its price was rejected towards the support at $0.012. That said, many technical indicators suggest that Shitcoin could soon bounce back and retest the resistance – perhaps even break through it and allow its value to continue rising.

The project’s Bollinger Bands have seen a clear narrowing after its price began a rather sharp and sudden drop a few hours ago. However, shortly after, the bands started widening again, which can be seen as a bullish move. The price, which had once pushed the lower band lower, is now slowly returning to the midpoint between the upper and lower bands, which is also an improvement.

Additionally, the project’s Relative Strength Index (RSI) has also similarly fallen from the overbought to oversold zone, reaching a value of 33.88 at the time of writing.

The RSI crash came as traders began rapidly selling their SHIT tokens, allowing bearish sentiment to overtake the bulls. But with the RSI value now bordering on the neutral and oversold zones, traders taking cues from the RSI’s performance are bound to start buying the token again.

This will increase demand and, with it, the price of the token. In other words, there are many signs that SHIT is about to experience a new surge that should take it back to $0.013 and potentially break resistance, pushing the meme token even higher.

Promising alternative to Shitcoin

Even though the price of Shitcoin is skyrocketing, some would argue that the token has had its moment in the sun and that it may be time to consider a new crypto like Memebet Casino (MEMEBET Token).

Memebet Casino is a new cryptocurrency that is a mix of casino tokens and meme coins, as the name clearly suggests. It is basically the first web and Telegram casino that allows players to play games and place bets using meme coins.

While there are many crypto casinos out there, none of them cater specifically to meme coin investors.

The project has had a great start, raising over $284,000 in two weeks and offering airdrops, bonuses, and other similar perks. The team claims that the project was built by degens specifically for degens.

ClayBro, a crypto YouTuber with over 130,000 subscribers, speculated that the project could see a massive price surge after its launch.

The MEMEBET token is currently selling for just $0.0254 and can be purchased with ETH, USDT, BNB, MATIC, or credit/debit cards.

Visit MEMEBET Token on the official website here.

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