Simon’s Cat Price Prediction: CAT Plummets 14% As The SHIBASHOOT Presale Rockets Towards $1.7 Million Raised

The Simon’s Cat price dropped 14% in the last 24 hours to trade at $0.00002416 as of 06:00 a.m. EST on trading volume that dropped 6% to $100 million.

Simon’s Cat Price Aims For A Continued Surge

Since its launch, Simon’s Cat has been on an uptrend, trading within the rising channel pattern, according to data from GeckoTerminal. CAT’s price aims for a continued bullish rally, as the token now surpasses the lower boundary of the rising channel.

The Relative Strength Index (RSI) is currently on a rebound from the 50-midline level, as it hurtles towards the overbought region, currently at 56. The soaring RSI is an indication that CAT is under intense buying pressure.

As the RSI rebounds, the buying pressure may intensify, which may in turn exert pressure on the price of Simon’s Cat. In this scenario, CAT could soar above the rising channel as the bulls target $0.0000350.

Simon's Cat price Chart Analysis Source: GeckoTerminal.com
CATUSD Chart Analysis Source: GeckoTerminal.com

However, if the bears take control here, the price of Simon’s Cat could retrace to the support level at $0.000017, acting as a cushion against downward pressure.

Meanwhile, as the Simon’s Cat price soars, investors are diverting to the new dog-themed meme coin, Shiba Shootout (SHIBASHOOT).

Popular YouTube channel 99Bitcoins, with over 706K subscribers, recently highlighted Shiba Shootout, urging Shiba Inu holders to “watch this” as it might be the next big thing.

Shiba Shootout Soars Past $1 Million – Best Alternative To Buy?

Shiba Shootout isn’t cooling its peacemaker barrel anytime soon, as its presale hits the bullseye with $1 million raised and closing in on the $1.7 million mark.

The project stands out in the crowded meme coin market by offering a unique blend of creativity, strategy, and play-to-earn (P2E) gaming. 

Set in the fictional town of Shiba Gulch, players can earn $SHIBASHOOT tokens by participating in cowboy duels, adding an engaging layer of interaction to the crypto space.

In addition to its gaming appeal, Shiba Shootout Features a lucrative staking system with an impressive 897% annual yield, making it an attractive option for investors.

With over $1 million already raised in its presale, the token is currently available for $0.02 each. With a price increase imminent, now is the time to secure your stake in this promising project.

Purchase $SHIBASHOOT on the official website using ETH, BNB, USDT, or a bank card.

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