Sad Hamster (HAMMY) Price Action Stalls as the Meme Coin Market Heats Up with Crypto All-Stars (STARS)

The Sad Hamster price surged over 20% in the last 24 hours to trade at $0.02801 as of 5:00 a.m. EST as investors FOMO buy the meme coin.

The Sad Hamster price went up by over 20% in the last 24 hours to reach $0.02801 by 5:00 AM EST, as investors are quickly buying the meme coin.

The strong 24-hour performance by HAMMY was a continuation of the crypto’s positive weekly trend. As a result, the meme coin is up by over 135% in the last 7 days.

Sad Hamster Price Faces A Technical Roadblock4-hour chart for HAMMY/USD (Source: GeckoTerminal)

The Sad Hamster price is attempting to break through the $0.02925 resistance level. A 4-hour candle closing above this level could open the door for the meme coin to climb to the next technical hurdle at $0.03310 in the following 24 hours.

On the other hand, HAMMY failing to close a 4-hour candle above $0.02925 in the next 12 hours might prevent any bullish move from unfolding in the short term. Traders will likely book their profits in this scenario, which could lead to a retest of the $0.02539 support level. Further selling pressure might then push the Sad Hamster price down to $0.02135.

Technicals Suggest The Sad Hamster Price Could Go Either WayTechnical indicators on HAMMY’s 4-hour chart are currently sending mixed signals, which could lead to a volatile 24 hours for the meme coin.

The Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are currently contradicting each other.

In the last few hours, the MACD line has been rising above the MACD Signal line to indicate that HAMMY is in a bullish cycle. Moreover, the growing gap between these two technical indicators suggests that the meme coin’s bullish momentum is strengthening.

However, the RSI line is currently sloping downwards, which traders usually take as a sign that buyers are exiting a crypto’s chart. In addition to the declining RSI line, the indicator’s latest reading in the mid-60s suggests that HAMMY is overbought. This is often viewed as a classic sell signal, as it indicates that the crypto’s downside potential is greater than its upside potential.

Given that these mixed technicals are emerging as the Sad Hamster price approaches the $0.02925 level, traders and investors might want to prepare for the possibility that HAMMY will be rejected by this major price point.

As bulls and bears battle it out on HAMMY’s chart, investors are flocking to a meme coin rival, Crypto All-Stars (STARS), which boasts off-the-charts staking rewards.

Uniting The Burgeoning Meme Coin Sector With A Novel Staking Solution

Crypto All-Stars (STARS) will unite meme coin fans under one banner, allowing them to stake crypto elites for passive staking rewards.

Major tokens like Dogecoin, Shiba Inu, Pepe, Brett, Floki, Mog Coin, Milady, Turbo, Toshi The Cat, Coq Inu, and Bonk Coin can already be put to work on the groundbreaking platform.

More options will be added in the coming weeks, giving meme coin investors even more opportunities to grow their bags. Any token locked on the Crypto All-Stars platform will generate rewards paid in the project’s native STARS token.

But the rewards don’t end there, as investors can also stake STARS for a massive 689% Annual Percentage Yield (APY). This essentially gives meme coin enthusiasts a unique chance to earn compounded rewards as they wait for their favorite meme coins to continue the stellar performance seen so far this year in the lighthearted crypto sub-sector.

Insiders and analysts are bullish on STARS, with popular YouTuber ClayBro predicting great things for the new meme coin. In a video to his 130K subscribers, the influencer stated that STARS could increase by 50X after launch.

Investors Rushing To Get In On STARS At ICO Prices

Crypto All-Stars has already raised over $2.1 million as investors bet on the project’s future with the promising token. With ClayBro’s bullish prediction and the high staking rewards on offer, it’s no wonder the crypto has created such a buzz at this early stage, even attracting whales that have been accumulating STARS during its ongoing presale.

Anyone looking to acquire the token now and begin earning the high staking rewards can do so by purchasing the token through the simple buy widget on its website.

Selling for $0.0014947, STARS tokens can be bought with ETH, USDT, BNB, FLOKI, SHIB, PEPE, DOGE, or a bank card.

Potential buyers will want to act quickly, as the meme coin’s price is set to increase with each new presale stage, with the next