Cate Coin Price Prediction: What Is Catecoin? Will the Token Go Up?

08/05/2022By: L, Laura

Cate Coin Price Prediction: CateCoin may rebound to $0.000001 and reach $0.0000013 later this year if positive price momentum is retained.

 

Cate coin price has silently spiked more than 250% whilst the rest of the market has been rather up and down, while the rest of the market has been rather up and down. This is another example of how low-cap crypto projects can offer huge returns.

 

CateCoin (CATE) meme coin price is now stable at $0.000000903. Earlier today Cate Coin actually spiked to $0.00000105, but has now pulled back slightly to a lower support level.

 

CateCoin is trading in high volume today, can CateCoin’s surge be sustained?

 

Cate Coin Price Prediction for 2022: Will Cate Token Go Up?

CateCoin (CATE) price has spiked today after a lot of volume and hype generated by social media interaction over the last 24 hours. From a technical analysis point of view, CateCoin (CATE) actually looks quite strong and we are now printing the green candle for the third time in a row on the weekly price chart.

 

CateCoin has recently surpassed two major resistance levels at $0.000000714 and $0.000000779, which have now turned into support levels. CateCoin (CATE) has also temporarily broken through resistance at $0.00000103, but has now pulled back slightly.

 

The support and resistance levels can be seen in the price chart below.

Another bullish factor is the large volume we have seen in CateCoin. It is not entirely sure where the volume is coming from but there is definitely a positive correlation between volume and price.

 

On top of that, CateCoin (CATE) is currently forming a classic bull flag and is on the verge of a possible breakout to the upside. If CateCoin can maintain its positive price momentum, we could see CATE recover back to the $0.000001 price level.

A bearish scenario would be for CateCoin to lose support from the bull flag and start a bearish reversal trend. So far CateCoin has corrected through the 0.236 Fibonacci Retracement level. Since then, we have seen signs of a healthy rally from that support range.

 

If CateCoin gains enough traction, retail and whale additions, we could see a price of $0.0000013 later this year. Of course, this depends on the trajectory of Bitcoin, as this will also primarily affect cottage and meme coins such as Shiba Inu and Dogecoin.

 

Cate Coin Price: Cate Coin Market Cap

Coinmarketcap notes that CateCoin’s market cap is only $29 million. This means that with enough traction and a successful marketing strategy in the next cryptocurrency bull market, we could easily see a 10-20x for this project.

 

What Is CateCoin?

CateCoin is the first cat-themed meme coin that was launched to add utility to the meme coin world. Overall, the CateCoin meme coin ecosystem allows meme creators to make NFTs and make money with their memes in a decentralized manner.

 

As easy as it is, CateCoin is undoubtedly one of the more powerful meme coins on the market today. CateCoin aims to provide holders with many benefits that other meme coins simply don’t have.

 

The entire platform offers community Dapps, games, NFTs and mobile wallets. Another unique selling point of CateCoin is that long-term investors can receive up to 15% of the APY through staking, with transaction fees allocated to holders (2%).

 

Tamadoge (TAMA) – A Presale Meme Coin that Could Rival Cate Coin

A new interesting, immersive and 10x potential dog-themed coin has recently entered the meme space called Tamadoge (TAMA). This is a meme coin that is earned through play and contains elements of the metaverse and NFT to provide additional replay value.

 

Tamadoge is currently in the pre-sale phase and offers great potential for early investors, as the project has not yet launched on decentralized and centralized exchanges.

 

Traders or investors can get Tamadoge (TAMA) on buy.tamadoge.io using Ethereum, USDT or fiat currency. The pre-sale will only last for one month as it will end on September 2, 2022 and is therefore very time sensitive.

 

There are not many meme coins entering the crypto space at the moment, which I think gives Tamadoge (TAMA) a very strong advantage. This gives Tamadoge the opportunity to form a strong community before the next cryptocurrency bull market, and acquiring 100,000+ unique holders through a strong marketing strategy could be a very pragmatic goal.

 

It is speculated that Tamadoge (TAMA) could be one of the next best 10 meme coins in the future.

 

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