BEERCOIN Price Prediction: BEER Soars 16% As This New Solana Meme Coin Offers Investors A Last Chance To Buy

The
BEERCOIN
price
is
up
16%
in
the
past
24
hours
to
trade
for
$0.0004306
as
of
00:42
a.m.
EST
on
trading
volume
that
dipped
55%.

With
this
surge,
the
market
capitalization
of
BEER
has
reached
$400
million
in
just
two
weeks.

$BEER
has
reached
a
$400M
market
cap
in
just
a
couple
of
weeks
????

On
the
way
to
$1B?
????

pic.twitter.com/2ZKWRTgr8b

—
Gordon
(@AltcoinGordon)

June
6,
2024

Among
the
drivers
for
the
rally
was
the
project’s

token-burning
mechanism
to
reduce
its
circulating
supply.

BEERCOIN
Price
Prediction

The
BEERCOIN
price
is
trading
sideways
on
the
hourly
timeframe,
trying
to
defend
the
16%
gains
made
in
the
past
24
hours.
It
is
holding
above
support
due
to
the
61%
Fibonacci
retracement
level
of
$0.0004392,
which
means
BEER
has
escaped
the
Fibonacci
Golden
Zone.
With
this,
the
gains
could
extend
if
the
bulls
show
strength.

Based
on
the
outlook
of
the
technical
indicators,
bullish
momentum
continues
to
abound.
To
begin
with,
the
Relative
Strength
Index
(RSI)
has
moved
above
the
mean
level
of
50,
pointing
to
strong
momentum.
Likewise,
the
Moving
Average
Convergence
Divergence
(MACD)
indicator
is
holding
in
positive
territory.
 This
adds
credence
to
the
bullish
thesis.

Increased
buying
pressure
above
current
levels
could
see
the
BEERCOIN
price
extend
a
neck
higher
to
the
78.6%
Fibonacci
retracement
level
of
$0.0004644.
In
a
highly
bullish
case,
BEER
market
value
could
extend
a
neck
higher
to
reclaim
the
June
6
range
high
of
$0.0004966.

Traders
looking
to
take
long
positions
on
BEER
should
probably
wait
for
the
BEERCOIN
price
to
record
a
decisive
candlestick
close
above
the
61.8%
Fibonacci
retracement
level.

GeckoTerminal:
BEER/USD
1-hour
chart

Converse
Case

On
the
other
hand,
with
the
MACD
still
below
the
signal
line
(orange
band),
bearish
sentiment
is
still
present
in
the
BEER
market.
If
the
RSI
drops
below
the
mean
level
of
50,
the
BEERCOIN
is
likely
to
slip
below
the
50%
Fibonacci
placeholder
before
a
possible
pullback.

If
the
bulls
fail
to
act
after
a
possible
move
below
the
aforementioned
$0.0004215
level,
the
downswing
could
extend
toward
the
38.2%
Fibonacci
retracement
level
of
$0.0004037.

The
dire
case
would
be
where
the
load-shedding
exercise
sends
the
BEERCOIN
price
to
record
a
lower
low
below
the
bottom
of
the
market
range
at
$0.0003463.
Then,
the
big-picture
bullish
outlook
for
the
BEER
price
would
be
invalidated.

Meanwhile,
new
Solana
meme
coin
SEAL
is
offering
investors
a
last
chance
to
buy
before
it
lists.
Crypto
YouTuber
LecksMoney
encourages
anyone
interested
to
check
out
SEAL
before
it’s
too
late.

Promising
Alternative
To
The
BEERCOIN

SEAL
is
the
native
cryptocurrency
and
the
powering
token
for
the

Sealana
ecosystem.
It
is
a
new
player
in
the
Solana
meme
coin
market
that’s
based
on
a
lighthearted
narrative
centered
on
a
seal
trader.

Presenting
a
charming,
chubby,
degen
seal
that’s
submerged
into
the
Solana
Sea,
SEAL’s
once
sleek
and
agile
body
has
given
way
to
flab
because
of
a
sedentary
trader’s
lifestyle
and
a
diet
of
tuna
and
chips.

#Sealana
has
got
some
big
news
for
y’all
today!
????????
After
a
long
night
of
drinking,
doin’
American

$SEAL
things
????????
and
blacking
out!
????
He
woke
up
with
some
real
mental
clarity
and
made
the
call
that
the

#Presale‘s
gonna
end
on
June
25th
at
6
pm
UTC!
⏰

You
know
what
that…

pic.twitter.com/va7W8abVjb

—
Sealana
(@Sealana_Token)

June
6,
2024

Originally
a
purely
Solana-based
token,
SEAL
has
expanded
to
become
multichain,
offering
a
BNB
Chain
version
of
$SEAL
and
enabling
$SEAL
purchases
on
Ethereum
(ETH).

The
multichain
presence
will
also
play
a
role
in
the
planned
airdrop
for
project
participants.
The
tokens
will
be
airdropped
directly
to
presale
buyers,
regardless
of
whether
they
used
SOL,
ETH,
or
BNB,
thus
eliminating
the
need
for
manual
claiming
and
the
expense
of
paying
gas
fees.

If
someone
over
takes
you
and
flips
you
off!????Don’t
pull
your
gun
on
them,
just
give
them
an
Emotional
Support

$SEAL
Beer!
????????
Never
let
anything
distract
you
from
your
goal
of
Massive
Gains,
Lambos,
and
Freedom!
????????????

Cheers
to
big
wins
and
livin’
the

#Sealana
dream!
????????…

pic.twitter.com/eww6YolDkk

—
Sealana
(@Sealana_Token)

June
3,
2024

The
SEAL
presale
has
raised
more
than
$3
million
and
will
close
on
June
25,
at
6
PM
UTC.

Buy
SEAL
tokens
on
the
official
website
here
before
it
closes.

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