Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
With OSOL AI index pumping 135%, experts suggest MEMEX’s new meme coin index presale could be next to surge.
Table of Contents
OSOL (OSOL), the AI Index token on the Solana blockchain, has experienced a dramatic price surge, climbing 135% in recent trading sessions.
The token, designed to provide AI-powered insights and investment tools, saw its price soar from $0.02599 to a peak of $0.08461 within 24 hours. At the time of writing, OSOL is trading at $0.04847, still maintaining an impressive 76.20% increase over the day. With a market cap of $48.23 million and 24-hour trading volume of $792,269, the token’s liquidity and demand indicate strong market engagement.
Meanwhile, a new meme coin index platform is also turning heads. Meme Index (MEMEX) has now raised over $2.7m through its presale as it seeks to provide traders with a solution to market volatility.
OSOL showcases volatile price movements
From a technical perspective, the OSOL/USDT trading chart on the hourly timeframe showcases volatile price movements.
After the token hit its peak, it retraced to $0.04720, aligning closely with its 9-period SMA ($0.04779) and EMA ($0.04929).
The Bollinger Bands indicate high volatility, with the price hovering near the lower band at $0.03659, suggesting potential support.
On the 1-minute chart, OSOL displays a rebound from intraday lows, reflecting short-term buying pressure.
Key indicators such as the 9-period SMA ($0.04675) and EMA ($0.04679) suggest a stabilizing trend, though the Bollinger Bands remain wide, signaling ongoing fluctuations.
As OSOL approaches its next phase, its transformative AI Index platform continues to attract investor attention.
However, its network-specific
Go to Source to See Full Article
Author: Guest Post
