The Koala AI price plunged 19% in the last 24 hours to trade at $0.000005672 as of 4.40 a.m. EST on trading volume that surged 31% to $1.24 million.
While the KOKO price may be spiraling down at the time of writing, it is still performing strongly on a weekly basis after seeing a 92% surge.
While Koala AI likely saw its price drop as a result of the bearish sentiment seen in the crypto market today, things could soon take a positive turn for the project.
Only yesterday, Crypto.com DeFi Wallet announced that KOKO is one of the newly listed cryptos that the wallet now supports, which is a major achievement for the project.
🔥 New Listings in the DeFi Wallet 🔥$KOKO, $GNON, $ROCKY
Listed on SOLANA-SPL
Explore the DeFi Wallet 👉 https://t.co/WYezL4lLPF pic.twitter.com/x87P20L9WC
— Crypto.com DeFi Wallet (@defi_wallet) October 24, 2024
Furthermore, before its price was rejected, the project was pushing against a resistance level at $0.0000080, showing that it can reach quite high under more positive circumstances.
Koala AI Price Prediction
After dropping over the last two days, Koala AI has seemingly found its bottom just above the support at $0.0000055, which allowed it to try a few attempts at recovery in the last several hours. So far, however, the project has been unable to breach a resistance at $0.0000060, but this might not be the case for long, given that the wider market is starting to recover.
Bitcoin itself is trading in the green, and could extend its influence to encourage investors to go after their favorite meme coins, such as Koala AI. The project’s Bollinger bands are currently quite narrow, although that is not surprising after a prolonged correction. The price seems to be sticking to the middle point between the two bands at the time of writing, currently in a rara moment of stability.
However, the project’s Relative Strength Index (RSI) value shows that in the background, there are signs of an upcoming recovery. The RSI spent the last day or so fluctuating between the oversold area and the lower portions of the neutral zone. Now, however, it seems ready to return to the true neutral area and possibly climb further up.
This behavior of the popular metric shows that traders were hesitant to buy the token during the past 24 hours, and that they sought brief opportunities of to make small earnings only to sell as soon as the price started making further corrections.
Now, however, their optimism is slowly returning, and the RSI is mirroring it, with its value heading up, and potentially signaling that the price will do so as well.
Promising Alternative To Koala AI
Those who do not wish to take a risk with Koala AI might consider an alternative investment option like Pepe Unchained (PEPU), probably the biggest and most popular meme coin ICO of the year after raising $22.36 million.
Pepe Unchained emerged as a highly popular new meme coin because it is designed to be a superior version of the original Pepe meme coin.
Based on Ethereum’s network, the original Pepe is slow and has high transaction fees, which makes it a poor option for meme coin users. Pepe Unchained, however, became the first Pepe-inspired meme coin to develop its own blockchain — a Layer-2 chain that allows it to offer near-instant speeds, with low fees and high scalability.
In fact, the project is building an entire ecosystem, complete with its own DEX, block explorer, and even the PEPU Foundation. This led some analysts to speculate that the project could overtake the original Pepe after it goes live, which is quite an assumption given that PEPE is the third-largest meme coin by market cap.
Still, even if it doesn’t beat PEPE, crypto experts such as ClayBro, a YouTuber with over 130k subscribers, believe that it could offer at least 10x potential.
Anyone can buy PEPU while its price remains at a still low $0.01177. You can buy the token using ETH, USDT, BNB, or credit/debit cards.
Just be sure to act quickly as PEPU is scheduled to see its next price increase in less than 11 hours.
Visit PEPU here.
Related Articles:
Fastest-Growing Crypto Presale Pepe Unchained Ends Soon
Cilinix Crypto Pepe Unchained’s Presale Update
Jacob Bury’s 5 Best Crypto Picks for Today’s Market
