ZACK Surges 28% As This Other Solana Airdrop Meme Coin Hints At A New Exchange Listing

The Zack Morris worth surged 28% within the final 24 hours to commerce at $0.05732 as of 4 a.m. EST on buying and selling quantity that reached $11.69 million.

The brand new meme coin was launched by Edward Constantinescu, higher generally known as Zack Morris on X and the co-founder of Atlas Buying and selling. Morris launched a meme coin on the Solana community, naming it after his on-line deal with.

The title Zack Morris comes from a well-liked character who appeared in a number of sitcoms, together with Good Morning, Miss Bliss; Saved by the Bell; and Saved by the Bell: The Faculty Years.

As a well-liked character, Zack Morris has loads of followers, lots of whom are actually members of the crypto trade, so it wasn’t an enormous shock when the brand new meme coin blew up, particularly throughout the present meme coin craze that has seen many cryptos skyrocket.

Zack Morris Worth Prediction

The Zack Morris worth skyrocketed yesterday, Might 21, going from $0.005 to $0.045, after seeing a short rejection, the worth largely stabilized round $0.042, which is the place it remained, fluctuating between this assist and a resistance at $0.043.

Nevertheless, in line with sure technical indicators, this may change quickly, and ZACK may very well be in for one more surge.

The token’s Bollinger bands have not too long ago seen a sudden widening which is a bullish signal, and it might sign that merchants are prepared to begin shopping for once more.

Nevertheless, its Relative Power Index (RSI) nonetheless doesn’t sign the growing shopping for stress. Like the worth, the RSI skyrocketed yesterday, heading deep into the overbought zone, solely to crash into the oversold space. When it comes to worth, RSI went from the worth of 80 to the worth of virtually 30 as merchants took revenue.

The value dip that adopted was not as sharp because the drop in RSI worth, nevertheless, nevertheless it was sufficient for alternative seekers to purchase the dip. Since then, the worth has been seeing minor fluctuations, whereas the RSI remained pretty steady, going between 40 and 60 for probably the most half.

Earlier immediately, it noticed two spikes up towards the overbought zone, which was seemingly whale exercise, however on the time of writing, it nonetheless stays within the impartial zone.

Nevertheless, this might change at any time, which is why the widening of Bollinger bands is likely to be a touch of what’s to return.

For the worth, this might imply that it might return to $0.048, and doubtlessly even head up for the brand new milestone at $0.050. Nevertheless, that is presently solely hypothesis, and merchants ought to do their very own analysis earlier than making any transfer.

A Promising Different to Zack Morris

With all the meme coin market surging, there are numerous promising alternate options proper now. However one analyst favourite is one other Solana meme coin known as Smog (SMOG).

Smog is a dragon-based meme coin that originally noticed curiosity as a consequence of 2024 being the yr of the dragon within the Chinese language zodiac.

Then, the mission introduced the best airdrop in Solana’s historical past, splitting it into a number of seasons. Season 1 has already ended after $1 million in giveaways, however Season 2 continues to be ongoing, and it’s not too late for folks to hitch and take part.

All that’s required is to gather XP, which is obtained from shopping for and buying and selling SMOG, or via finishing varied group quests.

#Dragons, put together yourselves for the upcoming debut of $SMOG on an trade! 💰

End all of your day by day duties and accumulate as many factors as potential earlier than Season 1 concludes! 📊#SmogSwap in Season 2 will prioritize on-chain #Trading! 🔄

Maintain a watch out for updates! 📣

— SMOG (@SMOGToken) March 28, 2024

As soon as the present season ends, customers will obtain a portion of the airdrop, which can rely on how a lot XP they managed to gather.

Holders also can stake tokens for a stellar 42% annual return.

With the mission hinting {that a} new top-tier trade itemizing is within the works, now is likely to be a good time to purchase earlier than the hype round that growth kicks in.

The mission is even making it simpler for folks to acquire SMOG tokens by providing them at a ten% low cost on its web site.

Go to the SMOG official web site to purchase tokens right here utilizing ETH, USDT, or credit score and debit playing cards.

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