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The Land Wolf price skyrocketed 90% in the last 24 hours to trade at $0.018 as of 03:38 a.m. EST on trading volume that soared to $33.6 million.
This comes as the token soars to a market capitalization of more than $200 million. Earlier, it hit an all-time high (ATH) of $0.0208.
Land Wolf Price Set To Soar To A New ATH Above The Bullish Pennant
After its launch, the Land Wolf price went on a consolidation phase, ranging between $0.00187 and $0.00486, according to data from GeckoTerminal. In the last two days, the WOLF price has been on a tear, rising through a markup phase to hit its ATH.
However, after recording a new ATH, the bulls have not been able to reclaim this high, with the price fluctuating within a bullish pennant pattern, and retesting the $0.0178 resistance zone.
WOLF price now trades well above the 50-day Simple Moving Average (SMA), which confirms the general bullish potential to the upside.
Moreover, the Relative Strength Index (RSI) is trading within the overbought region and climbing up, currently trading at level 66, an indication of continued investor optimism.
The Moving Average Convergence Divergence (MACD) is also bullish, with the blue MACD line crossing above the orange signal line, a representation of a bullish crossover. With the green bars extending above the neutral line, the price of Land Wolf would soar to a new ATH.
The Average Directional Index (ADX) also shows that WOLF is on a very strong bullish trend, with the ADX crossing level 50 to currently trade at 59.
Land Wolf Price Prediction
As per the Land Wolf price analysis, the token is set to soar over the bullish pennant to a new ATH, with the bulls targeting $0.0228.
However, with the MACD and RSI showing that the token is highly overbought, the token may show a looming price correction. In such a scenario, the price of WOLF may retrace back to the support around $0.01094, which coincides with the 50-day SMA.
Even as the Land Wolf price soars, investors are pivoting to the new meme coin Pepe Unchained (PEPU), which raised $150k within minutes of launch and has now bagged more than $244k in less than a day.
Pepe Unchained Surges Past $244K In Less Than A Day – Best Meme Coin To Buy Now?
Since its inception, Pepe has delivered mind-blowing returns to early investors and continues to rule the charts, despite the wave of new meme coins.
However, Pepe is not without shortcomings. The token was originally built on the Ethereum blockchain and has long been confined by its layer-1 technology, which is handicapped by network delays and rising gas fees.
Enter Pepe Unchained, a token that is based on PEPE devising a plan to break free from his chains and embrace the future with Pepe Unchained.
Who needs some Brain Powder?
Pepe is gearing up for the official launch of his very own blockchain! 🚀 pic.twitter.com/kZC72UmxFy
— Pepe Unchained (@pepe_unchained) June 20, 2024
The project plans to tackle the scalability, speed, and efficiency issues that often plague meme coins built on Layer-1 blockchains like Ethereum. As a result, Pepe Unchained enables investors to seize market opportunities with greater efficiency.
Token holders can also earn passively through the platform’s staking system, which offers an annual yield of 17,600%.
99Bitcoins, a prominent crypto channel on YouTube, has reviewed the token, and says $PEPU is one of the best cryptos to buy now. It adds that it could potentially soar 100X after its launch.
You can buy $PEPU tokens for $0.008 each. With a price hike coming in less than three days, buy soon to lock in the best deal.
To join the presale, buy $PEPU from the official website here using ETH, USDT, or a bank card.
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