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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 referred to 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 identify Zack Morris comes from a preferred 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 preferred character, Zack Morris has loads of followers, a lot of whom are actually members of the crypto business, so it wasn’t an enormous shock when the brand new meme coin blew up, particularly through the present meme coin craze that has seen many cryptos skyrocket.
Zack Morris Worth Prediction
The Zack Morris worth skyrocketed yesterday, Could 21, going from $0.005 to $0.045, after seeing a quick rejection, the worth largely stabilized round $0.042, which is the place it remained, fluctuating between this help and a resistance at $0.043.
Nevertheless, in response to sure technical indicators, this may change quickly, and ZACK could possibly be in for one more surge.
The token’s Bollinger bands have lately seen a sudden widening which is a bullish signal, and it may sign that merchants are prepared to start out shopping for once more.
Nevertheless, its Relative Energy Index (RSI) nonetheless doesn’t sign the growing shopping for strain. 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 worth dip that adopted was not as sharp because the drop in RSI worth, nevertheless, but it surely was sufficient for alternative seekers to purchase the dip. Since then, the worth has been seeing minor fluctuations, whereas the RSI remained pretty secure, going between 40 and 60 for probably the most half.
Earlier at the moment, it noticed two spikes up towards the overbought zone, which was doubtless 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 may be a touch of what’s to return.
For the worth, this might imply that it could return to $0.048, and doubtlessly even head up for the brand new milestone at $0.050. Nevertheless, that is at present solely hypothesis, and merchants ought to do their very own analysis earlier than making any transfer.
A Promising Various to Zack Morris
With your entire meme coin market surging, there are a lot of promising alternate options proper now. However one analyst favourite is one other Solana meme coin referred to as Smog (SMOG).
Smog is a dragon-based meme coin that originally noticed curiosity resulting from 2024 being the 12 months of the dragon within the Chinese language zodiac.
Then, the venture 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 remains to be ongoing, and it isn’t too late for folks to hitch and take part.
All that’s required is to gather XP, which is acquired from shopping for and buying and selling SMOG, or by finishing varied group quests.
#Dragons, put together yourselves for the upcoming debut of $SMOG on an change! 💰
End all of your every day duties and accumulate as many factors as doable earlier than Season 1 concludes! 📊#SmogSwap in Season 2 will prioritize on-chain #Buying and selling! 🔄
Preserve an eye fixed out for updates! 📣
— SMOG (@SMOGToken) March 28, 2024
As soon as the present season ends, customers will obtain a portion of the airdrop, which is able to rely on how a lot XP they managed to gather.
Holders may stake tokens for a stellar 42% annual return.
With the venture hinting {that a} new top-tier change itemizing is within the works, now may be a good time to purchase earlier than the hype round that growth kicks in.
The venture 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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- Earn XP To Qualify For A Share Of $1 Million
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- 10% OTC Low cost – smogtoken.com
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