Crypto Price Prediction: Sui, Monero, Memeinator (MMTR)
Memeinator is approaching $4 million in token sales.
There is a demand for new meme coins as evidenced by Wen's performance.
Sui and Monero have been on strong growth lately.
Cryptocurrency prices remained in a tight range on Monday as investors awaited the next trigger. The total market cap of all digital coins is $1.63 trillion, with Bitcoin remaining at $42,000. Other coins such as Ethereum, XRP and Solana have also been in the consolidation phase. This article looks at key cryptocurrencies such as Sui, Memeinator (MMTR) and Monero.
Memeinator token prediction
Memeinator is an upcoming cryptocurrency that aims to replicate the success of meme coins like Bonk and Pepe. It aims to do just that by creating a meme coin with a wide community and its own utility. Some of this utility comes with artificial intelligence (AI) features and games. The developers teamed up with Red Apple Tech to build the immersive game.
The developers have also launched a huge competition where a lucky winner will go to space using the Virgin Galactic shuttle. A single trip to space costs at least $250,00 and more than 400,000 people have signed the petition.
There are other signs that the network is on the rise. For example, the information on the website has raised more than 3.9 million dollars from investors. It is approaching its goal of raising $4.02 million, making it one of the most successful token sales in the market. You can buy MMTR token here.
Another sign of his success is the recent jump in his social media followers. There are now more than 108.6k Twitter followers in the network and the number is growing.
Meanwhile, there is a sign that investors are open to new meme coins. For example, Wen, a new Solana token, has become parabolic as demand increases. Its market cap has reached over $126 million.
Monero price prediction
The price of Monero's XMR token has risen significantly over the past few days. It rose from a YTD low of $142.62 to a high of $164. The coin jumped above its 50-day and 100-day moving averages even after many exchanges canceled it due to its privacy features.
Notably, the price of XMR has risen for the last six consecutive days, with the Relative Strength Index (RSI) rising above the neutral point to 60. Therefore, the coin's outlook remains bleak as investors target the year-to-date highs. $180.54, which is about 10% from the current level.
Sui price prediction
Sui Token has bounced back over the past few weeks, making it one of the best performers in the market. Turning to the daily chart, we see that the coin crossed the necessary resistance point at $1.4440, the high on January 14. This price has reversed to a support level.
Sui remained above the 50-day and 100-day exponential moving averages and broke the emerging double-top pattern. Therefore, the view of the coin is brutal, the next point is at $1.80. The stop-loss for this trade is at $1.30.