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Cryptocurrency News Articles

Atsuko Sato (SATO) Skyrocketed 565% Inspired by Doge Meme and Dogecoin

Sep 18, 2024 at 06:05 pm

The Atsuko Sato price skyrocketed 565% in the last 24 hours to trade at $0.01182 as of 03:45 a.m. EST on trading volume that surged 341% to $39.6 million.

Atsuko Sato (SATO) Skyrocketed 565% Inspired by Doge Meme and Dogecoin

The price of Atsuko Sato (SATO) has skyrocketed by 565% in the last 24 hours, surging from $0.002 to trade at $0.01182 as of 03:45 a.m. EST on trading volume that surged 341% to $39.6 million, according to data from GeckoTerminal.

The SATO project aims to honor Atsuko Sato, the owner of Kabosu, the Shiba Inu who inspired the Doge meme and Dogecoin.

“On November 2nd 15 years ago, we welcomed Kabosu to our family,” Sato wrote in a tweet on November 4. “I still remember her on the first day she came home. She was scared, sitting in the corner of the room, motionless and silent. She simply stared at me with those big round eyes.”

Following the price surge of First Neiro (NEIRO) on Ethereum after its Binance listing, will SATO also capture the attention of Doge meme lovers?

Atsuko Sato Price Could Continue Soaring

The price of Atsuko Sato was in a sustained consolidation phase in September, as the token was trading within the $0.0018 range, according to data from GeckoTerminal.

However, the bulls may have gained some control at this level, pushing the price of Atsuko Sato within a parabolic curve, affirming the bullish momentum.

SATO now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), coinciding with the recent dramatic uptrend in the last day.

Moreover, the Relative Strength Index (RSI) is on a positive trajectory, climbing towards the 70-overbought region, currently at 68. This shows that the Atsuko Sato price is under intense buying pressure.

The Moving Average Convergence Divergence (MACD) also supports the bullish rally, as it soars above the neutral zone. The MACD blue line also crosses above the orange neutral line, representing a bullish crossover.

If the positive momentum continues, SATO could soar even higher as the bulls aim to push it back to the $0.015 resistance.

However, if the bears take advantage of the asset’s soaring price, the Atsuko Sato price could plunge back to the $0.0050 support zone.

Meanwhile, investors are shifting to another hot meme token called Pepe Unchained (PEPU), which has already garnered over $13.6 million in its blockbuster presale.

According to the popular YouTube channel 99Bitcoins, with over 706K subscribers, PEPU has the potential to surge 100X after its launch.

“Ethereum, as a Layer 1 blockchain, is slow and costly for meme coin trading,” the channel stated. “It processes an average of just 15 transactions per second, which can hinder frequent trading and significantly reduce profit potential.”

“Enter Pepe Unchained, a Layer-2 Ethereum-based project designed to distinguish itself from other meme coins by addressing common issues like slow transactions and high fees.”

Who needs some Brain Powder?

Pepe is gearing up for the official launch of his very own blockchain! ” data-image-caption=”Pepe Unchained’s Pepe prepares for his blockchain launch. Source: pepe_unchained / Twitter

To overcome these limitations, the project is developing an L2 solution that aggregates multiple transactions and settles them on the Ethereum Mainnet as a single transaction. This approach allows Pepe Unchained to achieve up to 100 times the speed of Ethereum at a fraction of the cost.

As a result, Pepe Unchained enables investors to seize market opportunities with greater efficiency.

Token holders can also earn passively through the platform’s staking system, which offers 186% in annual rewards.

You can buy $PEPU tokens for $0.0098 each right now. With a price hike coming in about one day, buy soon to lock in the best deal.

To join the presale, buy $PEPU from the official website here using ETH, USDT, or a bank card.

The post Atsuko Sato (SATO) Price Skyrockets 565% as Doge Meme Token Surges in Value appeared first on CoinGape.

News source:insidebitcoins.com

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