One of the most respected cryptocurrency analysts and traders is bullish on low-cap mecoins inspired by felines in Binance Smart Chain’s ecosystem.
Bluntz, a trader who uses a pseudonym. tells Simon’s Cat has 274,800 fans on social media platforms X. This is a huge breakthrough for Simon’s Cat.CATThe memecoin is near.
“Cat season alive and well, CAT just keeps vertically accumulating then breaking out, constant grind up from launch. I think a face-ripping breakout is near.”
Bluntz’s chart suggests that the CAT mecoin will break out of an ascending channel within the next four hours.
The current price of CAT, $0.00004263 is up 291% since the low point of $0.0000109 on 22nd August. CAT was based off the British web-series and popular book Simon’s Cat. This new memecoin was launched just last month and has a current market capitalization of $292,000,000.
He also gives his opinion on NEAR, the blockchain layer-1.NEAR). Bluntz claims that the NEAR price is starting The hype surrounding artificial intelligence technology (AI) could help to boost its upward trend.
NEAR announced The company is creating tools for users to create their own apps. own AI applications for the protocol
Says Bluntz,
The trend is beginning to reverse after six months of decline.
“I’m certain the AI story will rear its ugly head at some point.”
The trader seems to be suggesting that NEAR may attempt to break through its diagonal resistance.
NEAR has a current trading price of $4.36.
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