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A new meme coin merging both Pepe and Doge themes known as Andy (ANDY) saw a strong price pump yesterday and became the number one trending ‘hot pair’ on Ethereum, according to DexTools.
The $ANDY price has now corrected slightly today, and is still currently trending in the top five hot pairs.
ANDY’s latest leg up saw it climb from a support level at $0.00008 to a resistance at $0.00014. Despite multiple attempts to breach this resistance level, ANDY still sits just underneath it.
ANDY’s price surge kicked off yesterday after popular crypto exchange BitMart announced that it will list ANDY as its newest meme coin asset soon.
The ANDY market cap sits at just over $100 million, a key target for new meme coins, and its daily volume has climbed beyond $11 million.
Andy Price Prediction
ANDY’s price surge also allowed it to reach a new all-time high at $0.0001419, albeit only briefly. The resistance at $0.00013 ensured that the ANDY price would return below this level, and now, traders are turning to technical indicators to try and determine whether ANDY can overcome this barrier soon.
However, the current market conditions make it difficult to say anything with certainty. Right now, most of the crypto market still trades in the red, and ANDY’s recent price surge meant that the meme coin traded against the market.
In other words, if the market conditions were more favorable, ANDY would have likely soared much higher than it did so far. Right now, its Bollinger bands remain fairly wide, which is a bullish sign, but its Relative Strength Index (RSI) value has reached an overbought zone, after which traders decided to take a profit.
DexTools: ANDY Price Chart
This caused ANDY’s price to correct, and the RSI value dropped to a more neutral level at 54.56. As for what happens next — it depends on the traders. If they rush in to buy the dip, ANDY’s price could see another pump in hours to come. However, if they remain neutral or continue to sell, the token could get in line with the wider market, and start trading in the red over the next few hours.
New Dog Meme Coins The Best Cryptos To Buy Now?
While ANDY emerged as an excellent opportunity recently, two other meme coins could potentially bring even greater gains to opportunity seekers who missed the ANDY price explosion.
Both cryptos in question are heavily Doge-inspired meme coins, although they differ between themselves quite a bit:
Dogecoin20
The first new meme coin to watch is known as Dogecoin20 (DOGE20), which was listed on Uniswap today.
DOGE20 acts as a spiritual successor to the original Dogecoin. However, it introduced some changes that could make it an even better opportunity than DOGE itself.
Firstly its market cap is of course a fraction of that of DOGE – with a live market cap of approximately $10 million – and its supply is capped, unlike the inflationary Dogecoin.
Running on the Ethereum chain, DOGE20 is also aiming to be a greener alternative to DOGE with staking opportunities – its reward rate is currently 45% APY for stakers.
Dogecoin20 has been featured on the likes of Cointelegraph and CryptoSlate, some of the best crypto news publications, as well as here at Cryptonomist.
Follow the socials on the official dogecoin20.io website to be notified of future CEX listings and find the latest DOGE20 price chart on DEXTools at the link below.
Trade Dogecoin20 Dogeverse
Alternatively, Dogeverse (DOGEVERSE) is the world’s first chain-traveling Doge, which is a single feature that puts this project on the map of every meme coin investor out there.
Dogeverse is designed to run on six different chains, including Ethereum, Avalanche, Solana, Base, Polygon, and BNB Chain.
This makes it the first meme coin to go multichain and establish an interconnected universe of doge lovers where community, rewards, and creative fun converge. Furthermore, this will grant it access to some of the busiest and largest communities and their DEXes in the entire crypto industry.
Speaking of rewards, DOGEVERSE will also offer staking, allowing users to earn passive income from just holding the token – currently over 100% APY.
Right now, its presale is closing in on $7 million raised, with DOGEVERSE selling for $0.000297 in exchange for ETH, USDT, BNB, MATIC, and AVAX. Alternatively, it can also be bought via credit or debit cards.
Commenting on the project, a crypto expert from a YouTube channel Cryptonews, which has over 9k subscribers, predicted that DOGEVERSE might blow up at launch, making this the best time to buy.
Visit Dogeverse
*Cryptonomist did not write the article or test the platform.