bullish

FOMO

Raydium

The Raydium price surged over 23% in the last 24 hours to trade at $5.58 as of 6:27 a.m. EST as traders FOMO buy the altcoin. 
The strong 24-hour performance posted by the RAY price comes after leading crypto exchange Binance announced that it would list the crypto on its futures platform. 
 Following the announcement, Raydium has also emerged as the top performer over the last 24 hours among the biggest cryptos by market cap, beating the 20% gain posted by Bitget Token (BGB) during the same period. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw">#Binance</a> Futures will launch the USDⓈ-Margined <a href="https://twitter.com/search?q=%24RAYSOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RAYSOL</a>, <a href="https://twitter.com/search?q=%24KOMA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$KOMA</a>, $VIRTUAL, and <a href="https://twitter.com/search?q=%24SPX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SPX</a> Perpetual Contracts at 
 🗓️ December 10 2024, 12:00, 12:15, 12:30 and 12:45 respectively. 
 Read more ➡️ <a href="https://t.co/lAGZsn3ytQ">https://t.co/lAGZsn3ytQ</a> <a href="https://t.co/0Ci10oB5OO">pic.twitter.com/0Ci10oB5OO</a> 
 — Binance Futures (@BinanceFutures) <a href="https://twitter.com/BinanceFutures/status/1866442493421854892?ref_src=twsrc%5Etfw">December 10, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h2 id="span-style-font-weight-400-raydium-price-attempting-to-flip-the-5-5581-resistance-span">Raydium Price Attempting To Flip The $5.5581 Resistance</h2> 
<img decoding="async" src="https://s3.tradingview.com/snapshots/v/VvAihKW2.png" alt="RAY Chart Image"> 
4-hour chart for RAY/USD (Source: GeckoTerminal) 
The Raydium price <a href="https://www.tradingview.com/x/VvAihKW2/">breached</a> the resistance level at $5.2510 and was able to briefly do the same with the next mark at $5.5581 before it pulled back again. Should the crypto manage to close a 4-hour candle above $5.5581 within the next 12 hours, it could have the technical foundation needed to keep climbing. Traders might then push RAY up to $5.9164. 
However, a rejection from the $5.5581 mark could invalidate the bullish thesis. In this alternative scenario, the <a href="https://insidebitcoins.com/news/top-crypto-gainers-today-dec-08-jito-superverse-raydium-mantra-dao">Raydium</a> price might retest the $5.2510 mark. Falling below this recently-flipped price level could then lead to RAY dropping to $4.8586 or even as low as $4.4491 if the bearish pressure persists. 
<h2 id="span-style-font-weight-400-technicals-suggest-the-raydium-price-might-keep-climbing-span">Technicals Suggest The Raydium Price Might Keep Climbing</h2> 
From a technical standpoint, indicators on the crypto’s 4-hour chart suggest the Raydium price might keep climbing in the coming 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) point to a continuation of the crypto’s positive trend. 
RSI readings have risen from the neutral 50 benchmark to the high 60s, which could be seen as a sign of bullish strength. With the positive slope of the RSI line, it seems buyers are still growing stronger against sellers as well and might subsequently push the Raydium price up in the short term. 
Meanwhile, the MACD line crossed above the MACD Signal line in the last 24 hours. Traders usually see this technical event as a sign that a <a href="https://insidebitcoins.com/news/most-trending-cryptocurrencies-on-polygon-planetix-wifi-map-vendetta">crypto</a> has entered a positive trend. This technical flag has since been validated by the surge in RAY’s price. With the gap between the MACD and MACD Signal lines growing, it seems RAY’s bullish momentum is intensifying. 
If these bullish technical signs influence traders’ decision making, the crypto might soon overcome the aforementioned $5.5581 barrier and try to rise to $5.9164. 
While RAY looks to overcome a technical resistance, investors are flocking to new meme coin <a href="https://insidebitcoins.com/visit/catslap" rel="nofollow">Catslap (SLAP)</a>, a new viral crypto that the rumor mill says could be following Raydium onto Binance. 
<h2 id="span-style-font-weight-400-new-cat-themed-crypto-could-follow-hamster-kombat-s-growth-trajectory-span">New Cat-Themed Crypto Could Follow Hamster Kombat’s Growth Trajectory</h2> 
Catslap (SLAP) is a new cat-themed crypto token that is off to a strong start in the crypto market. The rapid rise in the crypto’s popularity can be attributed to its viral slapping game. Recently, the project’s team added a play-to-earn element to gameplay, enabling players to earn crypto rewards for simply accumulating slaps. 
This has put Catslap on track to replicate the success of the viral Telegram clicker game Hamster Kombat, which scored major exchange listings and boasts a market cap of more than $224.13 million despite its native HSMTR being over 65% down from its all-time high. 
While Catslap is still in its early days, the project has not struggled to find its footing in the market. Not only is it already up more than 4,817% since launch, SLAP’s market cap has also surged to $40 million. Should the cat-themed crypto undergo the same growth as HMSTR, its price could surge more than another 5X. 
When it comes to exchange listings, Catslap has already made its way onto MEXC, which is one of the top crypto exchanges in terms of daily trading volume. Investors are now speculating that SLAP will be listed on Binance soon, which could become a reality if the project continues its impressive performance. 
Analysts and experts are also bullish on SLAP, and anticipate great things in the project’s future. Among them is YouTuber Jacob Crypto Bury, who told his more than 45.4K subscribers that SLAP could be the next 100X meme coin. 
<iframe title="NEW 100X Potential CATSLAP MEME COIN - $SLAP Next Binance Listing?! (Flip $1k to $100k?!)" width="640" height="360" src="https://www.youtube.com/embed/4m00WfDYPu0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
<h2 id="span-style-font-weight-400-catslap-s-team-set-to-make-another-big-announcement-in-less-than-8-days-span">Catslap’s Team Set To Make Another Big Announcement In Less Than 8 Days</h2> 
Catslap’s team teased a “major announcement” recently, which turned out to be the listing on MEXC. Now, with less than 8 days left until another “big announcement,” investors are rushing to buy SLAP with what could be news of another major exchange listing. 
<img decoding="async" class="alignnone wp-image-606367" src="https://insidebitcoins.com/wp-content/uploads/2024/12/Catslap-tweet-232x300.jpg" alt="Catslap tweet" width="370" height="478" srcset="https://insidebitcoins.com/wp-content/uploads/2024/12/Catslap-tweet-232x300.jpg 232w, https://insidebitcoins.com/wp-content/uploads/2024/12/Catslap-tweet.jpg 475w" sizes="(max-width: 370px) 100vw, 370px"> 
Investors who want to position themselves ahead of this announcement can do so by acquiring the token through the widget on its official website. Currently selling for $0.0054127, SLAP can be purchased using ETH, USDT or bank card. 
<a href="https://insidebitcoins.com/visit/catslap" rel="nofollow">Purchase SLAP here.</a> 
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Raydium Price Prediction: RAY Tops Gainers With 23% Pump On Binance Listing News – Is SLAP Up Next?

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