Amid increasing volatility in the meme coin market, some popular tokens like Shiba Inu and Gigachad are facing price declines. In contrast, a new project called Troller Cat is attracting investor interest.
Analysis of the Current Situation in the Meme Coin Market
In the last 24 hours, Shiba Inu has fallen by 3.95% to $0.00001302. Gigachad has dropped by 10.57%, reaching $0.01736. This indicates a cooling sentiment among traders, who are shifting their focus to presales with stronger fundamentals.
Prospects of Troller Cat: Rising Amidst Declines
The Troller Cat project is gaining traction in its presale, raising over $425,000. The current price of the token is $0.00010624, with further growth expected. Troller Cat’s liquidity and stability strategies ensure sustainability post-launch.
Current Performance of Shiba Inu and Gigachad
Shiba Inu is experiencing a correction with declining trading volumes. Its current support level is around $0.00001240, with weak resistance at $0.00001420. Meanwhile, Gigachad has lost its support at $0.01800, potentially triggering further sell-offs.
Despite the price declines of Shiba Inu and Gigachad, Troller Cat is showing steady growth, indicating a shift in trader preference towards new projects with strong fundamentals.
