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Solana (SOL) and Shiba Inu (SHIB) Struggle, While Furrever Token (FURR) Triumphs in Meme Coin Revolution

As selling pressure intensifies on Solana (SOL) and Shiba Inu (SHIB) finds itself trapped in a familiar downward trend, a beacon of success emerges amidst the turbulence: Furrever Token (FURR). While established cryptocurrencies struggle to maintain momentum, FURR boldly leads the charge in the meme coin revolution, showcasing its strength with a triumphant presale campaign.

The Selling Pressure Continues at Full Speed on Solana (SOL)

With a market capitalization of $60.10 billion, Solana (SOL), ranked fifth behind Bitcoin (BTC), started yesterday’s last trading day nicely, reaching up to $144.82. In the evening hours, as selling pressure increased, Solana (SOL) closed the last trading day of the week at $137.99 below the EMA100 support. Starting the first trading day of the new week with a decline, Solana (SOL) is currently trading at $134.52 with a 2.51% decrease.

Solana (SOL) and Shiba Inu (SHIB) Struggle, While Furrever Token (FURR) Triumphs in Meme Coin Revolution

Solana (SOL) started the last day of the week nicely and rose to $144.82. In the evening hours, Solana (SOL) came under selling pressure again and closed at $137.99 below the EMA100 support. When we examine the chart of Solana (SOL) on the first day of the new week, I can say that a pullback to the $116.0 support is possible as long as it stays below the EMA100 support. If the price resumes its uptrend, the first resistance levels for Solana (SOL) to watch closely are the EMA100 at $139.49 and EMA5 at $139.51.

Shiba Inu (SHIB) Under Falling Trend Again

With a market capitalization of $13.73 billion, Shiba Inu (SHIB), ranked eleventh behind the leading cryptocurrency Bitcoin (BTC), broke its downtrend that started in March last week. Although Shiba Inu (SHIB) tried to rise above the downtrend for a few days, it was unsuccessful and is now back below the falling trend. Starting the new week with a decline, Shiba Inu (SHIB) continues to trade at $0.00002335 with a 3.63% decrease.

Solana (SOL) and Shiba Inu (SHIB) Struggle, While Furrever Token (FURR) Triumphs in Meme Coin Revolution

After rising to $0.00004567 in March 2024 and then entering a downtrend, Shiba Inu (SHIB) fell to $0.00001830 before using the EMA100 as support for about a week and then breaking the downtrend last week. After trading around the downtrend for a while, Shiba Inu (SHIB) has re-entered the trend as it failed to initiate an uptrend. When we examine the daily chart, we see that Shiba Inu (SHIB) has descended below the falling trend, and selling pressure is continuing to increase. The first support levels for Shiba Inu (SHIB) as long as it remains below the falling trend are the $0.00002252 horizontal support and the EMA100 at $0.00002166.

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Furrever Token (FURR): Leading the Charge in Meme Coin Revolution with Presale Triumph

Furrever Token (FURR) emerges as a formidable force in the meme coin landscape, positioning itself for dominance through its unique attributes and triumphant presale campaign. Breaking away from convention, FURR injects the crypto sphere with an irresistible charm, centered around adorable cat imagery, setting itself apart with a delightful and engaging user experience.

Driven by a mission to cultivate a whimsical crypto community, FURR integrates playful cat-themed elements like stickers and emojis, captivating users with its light-hearted approach. The tokenomics of FURR add further allure, with a substantial portion of tokens available during the presale phase, fostering organic growth and community involvement.

With over $1 million raised within a span of two months and advancing to stage 8 of its presale journey, FURR demonstrates promising momentum. As it aims to secure $1.9 million in funding and launch on DEX (PancakeSwap), FURR’s potential for exponential expansion becomes increasingly apparent. Moreover, its acceptance of various payment options like USDT (BEP-20) and potential returns of up to 15X contribute to its appeal, attracting investors seeking lucrative opportunities in the meme coin sector.

Prioritizing security and compliance, FURR undergoes smart contract audits and implements team token locks, instilling trust within the community. Active engagement on platforms such as Telegram, boasting nearly 4k organic members, underscores FURR’s dedication to community-driven growth.

With its enchanting allure, robust tokenomics, and triumphant presale, Furrever Token (FURR) stands ready to lead the meme coin revolution, captivating the crypto realm with its irresistible charm and promising trajectory.

Trading at $0.000648, Furrever Token (FURR) presents compelling potential as it charts its course towards meme coin supremacy. With its official website at furrevertoken.com and dedicated support at [email protected], FURR invites investors on an enthralling journey into the world of cat-themed crypto.

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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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