$TOMA Token Dipped Nearly 100% Hours After Lunching: What Next?Hours after its much-anticipated launch on exchanges like Bitget, Gate.io, and MEXC, the PSECZ:TOMA coin experienced a dramatic dip of 99.6%, raising questions about its sustainability and the broader health of the Telegram-based Play-to-Earn (P2E) ecosystem. Despite the steep decline, opportunities for recovery and user engagement remain, especially through ongoing events like Bitget's Launchpool.
Understanding the PSECZ:TOMA Token and Ecosystem
About PSECZ:TOMA
PSECZ:TOMA is the native token of Tomarket, an on-chain asset trading platform built within the Telegram ecosystem. It allows users to play games, earn tokens, and trade seamlessly. Backed by investments from Bitget Wallet and Foresight X, Tomarket aims to onboard Web2 users into Web3, boasting over 50 million users globally.
Recent Developments
Despite its ambitions, PSECZ:TOMA faced criticism from the community post-launch due to:
- Token Allocation Concerns: Early adopters reported dissatisfaction with allocations, claiming that gas and membership fees far exceeded token value.
- Total Supply Issues: The token's supply of 1 trillion raised eyebrows, with many seeing it as a potential cause of the price collapse.
Opportunities Amid the Chaos
One silver lining is Bitget’s Launchpool event, which allows users to lock BGB and PSECZ:TOMA to share a reward pool of 40,000,000 PSECZ:TOMA tokens. This initiative provides a chance for users to recover losses and potentially maximize returns.
Market Performance and Technical Analysis
PSECZ:TOMA is down 96.76%, trading at $0.00002201 on Gate.io under the TOMA/USDT pair. The absence of tracking on major aggregators like CoinMarketCap or CoinGecko exacerbates uncertainty around its valuation.
Technical Outlook
- Oversold Conditions: The token's massive drop suggests it is heavily oversold, potentially creating a buy zone for speculative traders.
- Market Sentiment: Holder dissatisfaction has fueled negative sentiment, but the ongoing bloodbath across crypto markets—with Bitcoin down 6% to $94,000—also plays a role.
Fundamental Outlook
The Telegram-based P2E ecosystem, which PSECZ:TOMA represents, has seen declining traction. Recent projects have underperformed, casting doubt on the ecosystem’s viability.
The Bigger Picture: Is the Telegram Ecosystem Fading?
The PSECZ:TOMA debacle is not isolated. Many Telegram-based tokens have struggled post-launch, failing to deliver on promises. The once-thriving ecosystem now faces skepticism, with critics dubbing many projects as "premium dust."
However, history shows that dramatic dips can precede sharp recoveries. If PSECZ:TOMA follows the trajectory of other tokens like HMaster Kombat, it may yet stage a comeback.
What’s Next for PSECZ:TOMA ?
The immediate future hinges on several factors:
1. Community Trust: Addressing allocation concerns and improving communication with holders will be crucial.
2. Utility Development: Enhancing the token’s use cases within the Tomarket ecosystem can help restore faith.
3. Market Conditions: Broader market recovery, particularly Bitcoin stabilization, will also influence PSECZ:TOMA ’s performance.
Conclusion
PSECZ:TOMA ’s launch has been tumultuous, marked by a near-total price collapse and widespread dissatisfaction. Yet, opportunities for recovery remain, especially through ongoing staking events and the potential for market stabilization. Whether PSECZ:TOMA can overcome its rocky start and reignite interest in the Telegram P2E ecosystem remains to be seen.
For now, the crypto world watches closely, with hopes pinned on a potential rebound.
Memecoins
$PATRIOT Coin Soars 286% in Two Days: What Next?The cryptocurrency market has seen a variety of tokens tied to political narratives, but $PATRIOT, a token on the Ethereum blockchain, has recently grabbed headlines. Over the past two days, $PATRIOT surged by an impressive 286%, with market dynamics reflecting both technical and fundamental drivers. Here’s a breakdown of the key factors behind this meteoric rise and what lies ahead for the token.
The Narrative Behind $PATRIOT
$PATRIOT positions itself as more than just a cryptocurrency; it is a tribute to Donald J. Trump, celebrating his legacy of patriotism and his policies centered on economic growth, constitutional preservation, and national security. The token’s mission includes commissioning a bronze statue of Trump, symbolizing a new global movement aligned with traditional American values.
This narrative has resonated strongly with a segment of the crypto community, leveraging Trump’s outspoken support for cryptocurrencies and his “America First” ideology. The token’s launch coincides with increasing political polarization, which may have fueled speculative interest.
Trading Activity and Market Presence
$PATRIOT’s trading activity has been robust, with a 24-hour volume of $6.44 million—a 23.40% increase from the previous day. The token is actively traded on platforms like Uniswap V2 and V3 (Ethereum), as well as Gate.io. The PATRIOT/WETH pair on Uniswap V2 recorded a trading volume of $4.38 million in the last 24 hours, indicating high liquidity and trader interest.
Market Performance
- All-Time High: $PATRIOT recently hit an all-time high of $0.008092, approximately 8 hours ago, before retracing slightly to its current price.
- All-Time Low: The token’s lowest recorded price was $0.0003153 on November 12, 2024, marking a staggering 2,293.24% increase to date.
- Market Cap: $PATRIOT boasts a market cap of $76.8 million, ranking #675 on CoinGecko, with a fully diluted valuation matching its circulating supply of 10 billion tokens.
Comparative Performance
In the past seven days, $PATRIOT’s price has risen by 303.70%, outperforming both the global cryptocurrency market (-2.40%) and Ethereum ecosystem peers (+12.70%). This extraordinary growth suggests that the token’s unique narrative and market positioning have struck a chord with investors.
Technical Analysis
$PATRIOT’s recent price surge has created a highly overbought condition, signaling caution for traders.
1. Relative Strength Index (RSI)
The token’s RSI currently stands at 91, well above the overbought threshold of 70. This indicates that a short-term price correction is highly likely as the market seeks equilibrium.
2. Fibonacci Retracement Levels
Immediate support is located at the 61.8% Fibonacci retracement level. This level serves as a critical buy zone and could act as a springboard for another rally if tested.
3. Key Resistance Levels
Should the rally persist, the next significant pivot point lies at $0.012. Breaking this level could open the door for further upward momentum, though market conditions and sentiment will play a crucial role.
4. Price Movement and Volatility
$PATRIOT is currently up 27% in the last 24 hours, maintaining its bullish trajectory. However, traders should be wary of increased volatility as profit-taking and market corrections set in.
What’s Next for $PATRIOT?
While $PATRIOT’s narrative-driven approach and robust trading activity have contributed to its recent success, the token’s overbought condition suggests that a cooldown phase is imminent. Long-term prospects will depend on the team’s ability to maintain community engagement and deliver on promises such as the Trump statue initiative.
Investors should keep a close eye on the 61.8% Fibonacci retracement level for potential entry points, while monitoring broader market sentiment and $PATRIOT’s ability to sustain its narrative momentum.
Conclusion
$PATRIOT’s remarkable 286% surge highlights the growing influence of political narratives in the cryptocurrency space. While the token’s fundamentals and community backing provide a solid foundation, its technical indicators urge caution. As the market evolves, $PATRIOT will need to balance its symbolic appeal with tangible value to secure its place in the highly competitive crypto landscape.
$ZEREBRO: After a 268% Surge, Is ZEREBRO Poised for a Comeback?In a market dominated by skepticism and fleeting meme coin trends, ZEREBRO has emerged as a unique contender. After surging 268% to a new all-time high (ATH) in late November 2024, the Solana-based meme coin saw a sharp decline, currently trading near its 1-month support level. With renewed interest brewing, $ZEREBRO appears to be consolidating, leaving investors asking: Is this the perfect setup for a bullish reversal?
A Glimpse into the Project
$ZEREBRO stands out from the typical meme coin crowd by combining artificial intelligence, decentralized engagement, and cultural influence.
Here’s what makes it noteworthy:
1. Autonomous AI System: ZEREBRO is powered by an advanced AI that autonomously creates, distributes, and analyzes hyperstitious content—blurring fiction with reality to shape narratives across platforms like X (Twitter), Instagram, Warpcast, and Telegram.
2. Multi-Chain Integration: While the native token operates on Solana, ZEREBRO’s digital artwork is minted on Polygon, and Bitcoin inscriptions connect the project to key crypto subcultures.
3. Growing Market Cap: At its peak, ZEREBRO hit a market cap of $319 million, defying trends where many Solana meme coins suffer from rug pulls and low investor confidence. Currently, the market cap sits at $332 million, signaling investor belief in the project.
4. Massive Trading Activity:
- 24h Trading Volume: $92,106,617 (+93.7% from the previous day).
- Major Exchanges: HTX (ZEREBRO/USDT), Raydium, Bybit, Bing X, and Gate.io.
5. Community and Momentum: With a growing following across decentralized platforms and over 1 billion tokens in circulation, ZEREBRO has solidified its presence among meme coin enthusiasts.
Technical Analysis: Is a Breakout Coming?
After reaching its ATH of $0.6153 on November 23rd, 2024, $ZEREBRO has undergone a correction, currently down 46.57%. Despite this dip, it remains 5,559% above its all-time low recorded just weeks earlier.
Here’s the current outlook:
$ZEREBRO has been trading in a sideways range, reflecting indecision among holders. This period of consolidation typically precedes a significant move—either up or down. The current price is hovering near its **1-month low**, acting as a key support zone. A sustained hold above this level signals investor confidence.
A breakout above $0.60 (the current pivot) could spark bullish momentum, leading $ZEREBRO to retest its recent ATH of $0.815.
Failure to break this level may see further consolidation or a retest of lower support.
The coin remains down 8% in the last 24 hours and has underperformed its peers (-27.8% in 7 days). However, rising trading volume (+93.7%) suggests growing interest and potential for reversal.
What’s Next for $ZEREBRO?
The fundamentals are strong: an innovative AI-driven project, growing multi-chain adoption, and a robust community. On the technical side, the current consolidation phase provides an opportunity for traders to assess risk and potential reward.
If $ZEREBRO can break through $0.60, it could trigger a bullish reversal and revisit its ATH, offering significant upside potential. However, caution is warranted as the coin remains volatile and subject to market sentiment.
Final Thoughts
ZEREBRO has positioned itself as more than just a meme coin—it’s a unique fusion of AI, decentralized content creation, and cultural engagement. While its recent dip raises questions, the project’s ability to sustain high trading volumes and investor interest sets it apart from many of its peers.
For traders and investors, the coming days will be critical: Will $ZEREBRO consolidate further, or is a breakout imminent? Keep an eye on the $0.60 pivot point and the project’s growing fundamentals for clues.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing.
Top Reasons to Buy Simon’s Cat Token Meme CoinWelcome to the purr-fect intersection of memes and crypto: Simon’s Cat Token! As we leap into the end of 2024, digital currencies are evolving faster than ever, and among them stands a true contender that combines humour with investment potential. Imagine a world where your love for adorable feline antics can also lead you toward financial gains—sounds enticing, right?
The daily timeframe is trending up. New daily demand levels are being created and respected. A new imbalance is being created. Watch the video below to learn more about Simon’s Cat Meme Coin projections for 2024 and 2025. Let's see if it drops to the new daily imbalance being created at 0.000044.
Technical Analysis for KAS/USDT + TRADING PLANTechnical Analysis for KAS/USDT
Chart Pattern:
The Head and Shoulders 2X pattern (highlighted in orange) is forming, which suggests a potential reversal. This is a bearish pattern when it completes.
The neckline for the Head and Shoulders pattern aligns around the long support 1 (green line). A decisive breakdown from this support could confirm the bearish trend.
Key Support and Resistance Levels:
Resistance Line (Red): This upward resistance acts as a price ceiling, aligning with the upper boundary of the channel. Current resistance is near $0.25-$0.30.
Long Support 1 and 2 (Green):
First support aligns at approximately $0.12-$0.14 (immediate support).
Second, stronger support lies near $0.09-$0.10 if breakdown occurs.
Intermediate Support (Blue): The long-term trendline below the neckline provides another zone of support.
Trend Outlook:
Short-Term (Bearish to Neutral): Price is consolidating near $0.14. The dotted path shows potential upward movement, but breaking the neckline could lead to a downside push.
Medium-Term (Bullish Potential): If the price holds support and breaks above $0.17-$0.20, Kaspa could return to an upward trajectory within the channel.
Long-Term (Bullish Channel): The broader channel remains intact, and price action could resume its uptrend toward resistance near $0.30.
Indicators Analysis:
Volume: Volume is relatively low, indicating low buying pressure. A breakout requires higher volume.
RSI (Relative Strength Index):
Current RSI: Near 54. This is neutral territory.
Observation: RSI must remain above 50 to support an upward trend.
Money Flow Index (MFI):
The MFI shows a slight upward trend at 32, which suggests weak buying interest.
Stochastic Oscillator:
Stochastic is near 12, indicating a potential oversold condition, which may lead to a short-term bounce.
Trading Plan
Short-Term Strategy (1-2 weeks):
Buy Zone: If Kaspa retests support at $0.12-$0.14, consider accumulating small positions.
Stop-Loss: Place a stop-loss below $0.12 to protect against breakdown.
Target 1: $0.17 (short-term resistance).
Target 2: $0.20 (key breakout level).
Medium-Term Strategy (1-3 months):
Breakout Trade: Enter long positions if price closes above $0.17-$0.20 with strong volume confirmation.
Stop-Loss: Adjust stop-loss to $0.14 after breakout.
Target: $0.25 (resistance near the top of the upward channel).
Long-Term Strategy (3-12 months):
Channel Trend: Continue holding positions if the price respects the long-term support levels and upward channel trendline.
Target: $0.30-$0.35 (upper resistance).
Risk Management:
Position Sizing: Limit exposure to 2-5% of total portfolio on each trade.
Trailing Stop: Use a trailing stop once price hits $0.17-$0.20 to lock in profits.
Kaspa remains in a critical phase with potential for both upward breakout or breakdown. Watch the $0.14 neckline and volume closely. Traders can capitalize on support bounces or confirm long positions above $0.17-$0.20 for better risk/reward setups.
WHY - Long - Re-entry - (2-hour or 4-hour timeframe)We are in a good place to resume and make a reentry of the previous trade (see related publications). This one is somewhat shorter because it is also riskier. We will close it when the 2-hour or 4-hour timeframe gives us an exit pattern tomorrow.
Target: 0.0000001850 (close - 1 day)
$EBULL: A Meme Coin on the Verge of Breaking Out $EBULL Reaches $11 Million Market Cap!
$EBULL, the Ethereum-based memecoin riding the bullish energy of the crypto market, is generating massive buzz as it surges by 40%, reaching an $11 million market cap. This meteoric rise has left investors wondering: Is this the start of something monumental, or the last chance to ride the wave?
The Narrative Behind $EBULL
$EBULL represents more than just a token; it’s a rallying cry for Ethereum enthusiasts and crypto bulls alike. The project’s ethos is rooted in simplicity, fun, and community-driven vibes. Vitalik Buterin, Ethereum’s co-founder, even holds 1.5% of the token supply—a subtle nod that has fueled speculation about its potential.
Key drivers of the $EBULL narrative include:
- Ethereum Ecosystem Ties: As the original blockchain powerhouse, Ethereum’s community is vast, and $EBULL capitalizes on this, positioning itself as a symbol of ETH’s dominance.
- Vitalik’s Connection: Speculation about Vitalik’s endorsement of $EBULL as a potential signal for Ethereum’s bottom has created excitement among traders.
- Bullish Comparisons: Similar projects like $TBULL and $MUMU have achieved market caps of $110M and $120M, respectively, showcasing the potential for $EBULL to follow suit.
Technical Outlook
$EBULL’s daily price chart reveals a symmetrical triangle pattern, a classic setup often leading to explosive breakouts. Currently trading up 31%, the Relative Strength Index (RSI) sits at 60—indicating neither overbought nor oversold conditions, but rather a coin primed for action.
With the vibrant and active community backing $EBULL, recent developments like the Community Takeover (CTO) and subtle support from Vitalik himself suggest that the token could target $0.01 in the near term. Such a move would represent a significant upside, further bolstered by the ongoing social media hype and trading momentum.
The Desperation for Growth
As $EBULL climbs the ranks, the project’s roadmap highlights its commitment to community engagement through events, airdrops, and meme-driven campaigns. However, the pressure is on for the token to sustain its momentum and break into the next echelon of meme coin success stories.
Fundamental Highlights
Market Activity: With a trading volume exceeding MIL:1M in the last 24 hours (up 336.90%), $EBULL is experiencing a surge in market activity.
Tokenomics: A circulating supply of 10 billion tokens and Vitalik’s 1.5% stake lend credibility to the project’s long-term vision.
Potential Catalyst: Speculation about sponsorship of Ethereum Foundation events and possible charitable initiatives aligns with Vitalik’s broader vision for blockchain utility.
The Question on Everyone’s Mind
Will $EBULL reach its billion-dollar market cap potential, or is the current $11M valuation the ceiling? The desperation to capitalize on this momentum is palpable as traders weigh the risks and rewards of jumping into this high-energy project.
Final Thoughts
$EBULL isn’t just a meme coin; it’s a phenomenon capturing the essence of Ethereum’s community spirit. With technical indicators pointing to a breakout and a fundamental narrative fueled by speculation and strong community backing, $EBULL’s journey to $0.01—or beyond—could be just beginning. But for those on the sidelines, the window of opportunity might be closing fast. Are you ready to ride the bull, or will you miss out on this Ethereum-driven revolution?
Bone ShibaSwap ($BONE): Gearing Up for a BreakoutBone ShibaSwap ( TSXV:BONE ) has captured the attention of the crypto community as it gears up for a potential breakout. A vital part of the Shiba Inu ecosystem, TSXV:BONE has emerged as a governance token with unique utility, a growing user base, and a solid infrastructure in the decentralized finance (DeFi) landscape. Here’s an in-depth look into TSXV:BONE , combining technical insights and fundamental analysis.
What Is Bone ShibaSwap (BONE)?
Bone ShibaSwap (BONE) serves as the governance token for the ShibaSwap decentralized exchange (DEX). It allows holders to vote on upcoming proposals, submit new initiatives, and gain access to the ecosystem’s future developments, including NFTs. The token is integral to the Shiba Inu ecosystem, which includes Shiba Inu (SHIB) and Doge Killer (LEASH), and operates on Ethereum.
The ShibaSwap exchange, launched on July 7, 2021, enables users to trade SHIB tokens for other cryptocurrencies. Within this framework, TSXV:BONE acts as a reward and governance tool. SHIB holders can provide liquidity on the platform and stake tokens to earn TSXV:BONE rewards, which are proportional to the staked amount and duration.
Utility and Governance
TSXV:BONE plays a dual role as a utility and governance token. It’s instrumental in enabling the Shiba Army to vote on proposals that shape the ecosystem’s future. With a capped supply of 250 million tokens, TSXV:BONE ensures scarcity while serving as a reward for liquidity providers and stakers.
Market Performance
TSXV:BONE ’s trading volume has seen a 10.90% increase in the last 24 hours, reaching $12,535,369. This uptick indicates heightened market activity and investor interest. It is currently ranked #450 on CoinGecko, with a market capitalization of $170,795,177.
Despite being 95.59% below its all-time high (ATH) of $15.50, recorded on July 7, 2021, TSXV:BONE has shown resilience. Its current price of $0.675 offers a potential entry point for long-term investors. The token’s all-time low of $0.035888, recorded on August 12, 2021, is a stark contrast to its current valuation, representing significant growth.
Ecosystem Integration
BONE’s integration within the Shiba Inu ecosystem as a bridge between SHIB and LEASH enhances its value proposition. The ShibaSwap platform enables users to engage in token swaps, liquidity provision, and staking, further driving the demand for $BONE.
Technical Analysis
As of writing, TSXV:BONE is up 8.24%, reflecting its cooling-off phase following a significant surge in early December. Trading at $0.675, the token is well below its ATH, making it an appealing option for investors looking to capitalize on its recovery potential.
Relative Strength Index (RSI)
The RSI suggests that TSXV:BONE is in a bearish reversal mode, hovering near support levels. This indicates that the token is consolidating after its recent rally, potentially setting the stage for a breakout.
Market Trends
The broader Ethereum ecosystem, of which TSXV:BONE is a part, has outperformed with a 12.70% increase over the past week. However, TSXV:BONE ’s price performance, up 1.20% over the same period, suggests room for growth.
Key Levels
- Support: $0.65
- Resistance: $0.75
A decisive break above the $0.75 resistance level could signal the start of a bullish trend, while a dip below $0.65 might lead to further consolidation.
Opportunities Ahead
1. Increased Adoption: As the Shiba Inu ecosystem expands, TSXV:BONE ’s utility as a governance and reward token is likely to grow.
2. Market Sentiment: The crypto market’s recent bullish sentiment could fuel TSXV:BONE ’s recovery.
3. Community Engagement: The Shiba Army’s active participation in governance could drive TSXV:BONE ’s demand.
Conclusion
Bone ShibaSwap ( TSXV:BONE ) is poised at a crucial juncture. With its robust fundamentals and promising technical setup, the token holds potential for significant upside. Investors should closely monitor market trends and key support/resistance levels to capitalize on TSXV:BONE ’s breakout prospects. As part of the thriving Shiba Inu ecosystem, TSXV:BONE continues to offer a compelling narrative for DeFi enthusiasts and long-term holders.
Can we consider this a retest?In my last post on bitcoin dominance I noted that for the first time in a year and a half we had broken our wedge to the downside. This was hugely bullish for altcoins and indeed, we saw some massive pumps occurring in the space. But I also cautioned that we could reverse and head back up to retest the underside of our wedge. This is a classic technical move. I call it "Kiss Mamma Good-bye" as price always seems to like to come back one more sentimental time to an area of supreme significance before moving on. This retest would then cause alts to drop significantly, liquidating many. And we saw this occur this past week. So, can we consider this our retest? I know we didn't touch the underside of our wedge completely but bulls are in a hurry here. They want one last good pump before Christmas. And if my chart is correct, I think we'll get that.
✌️ Stew
The Rise of Goatseus Maximus: Best Memecoin to Buy 2024n the ever-evolving cryptocurrency landscape, where trends come and go like the seasons, a new contender is emerging from the shadows—and it’s turning heads. Enter Goatseus Maximus: a meme coin that’s not just riding the wave of internet humour but may very well be poised to dominate the crypto market by 2025. With its playful branding and community-driven ethos, Goatseus Maximus captures hearts (and wallets) in ways traditional coins can only dream of.
The potential for wild price swings also attracts thrill-seekers. Speculators see opportunities in volatility, hoping for significant returns as popularity grows. As supply and demand traders, we only want to trade at strong and high-probability imbalances, such as the strong weekly demand level in control now at 0.6.
You can use this bigger timeframe weekly demand level to trade short-term and intraday cryptocurrencies trading strategies.
Solana touched $204 and will now target $375Traders,
In my previous post on Solana I explained the significance of that blue trendline. When Solana was at $260, I observed that while BTC consolidates with sideways price action, Solana could drop to $204 (pink horizontal support). It did that. In fact, we hit that price several times and so far that support has held. I have now taken a long position and will be targeting $375. on SOL. Here's my quick thesis.
First of all, you will notice that inverse head and shoulders pattern. While it hasn't completed yet, nor confirmed, I highly suspect the pattern will play out. There are several reasons why this could be the case.
Number one. The rotation of alts is different this year. In case you haven't observed this yet, it goes something like this: Bitcoin pumps either slightly before or sometimes simultaneously with Solana and Solana based meme coins. Often, Solana based memecoins, especially AI genned mcs, are even ahead of Solana and Bitcoin. I have started to observe this recently while looking at my Solana mc list. Many of the Sol AI genned mcs were up yesterday and today. Now, maybe I got lucky and just picked all the right coins to add to my list, but I don't think so. One of my mcs was up almost 900% today at it's peak. That was DEVIN. I am so stoked 'cuz I hold a huge bag in that one. Anyways, I think this is giving me my first hint that the pump rotation is just about to begin again before Christmas. It often starts with SOL based AI mcs first, then other mcs like the OG cats, dogs, and frogs, etc. Then we hit the dex's like Jupiter, Ray, GUAC, Orca, etc. Then you'll see SOL start (maybe in conjunction with BTC). Next you'll start to see other chain based mcs pump along with AI coins like FET, TNSR, AIOZ, NEAR, etc. Last but not least, you'll see the OG Boomer ALTS pump to finish it up. My suspicion is that we get one more round of something like this before Christmas. I could be wrong but so far, my record speaks for itself here so be prepared for this.
✌️ Stew.
PEPE | ALTCOINS | Next TargetsALTCOINS have seen hard pumps and at this point of the cycle, for as long as BTC trades range between 95k-105k , altcoins can go even higher.
PEPE has recently made a new ATH, but it's likely that there is another push. This is now price discovery, as there are no points of resistance or support. However, through Fibonacci and technical indicators, we can get an idea of were the price of PEPE may be heading next.
Don't miss yesterday's update on ETH, and why the ATH is NOT IN yet:
_______________________
MEXC:PEPEUSDT
FLOKI Soars 8% Amid Debit Card LaunchFLOKI, the utility token of the Floki Ecosystem, is gaining traction in the crypto market, surging 8% in the last 24 hours despite a generally bearish sentiment in the broader market. This rally is fueled by the launch of the highly anticipated Floki Debit Card, a significant utility development for the meme coin sector.
Floki Debit Card: A Game-Changer for Meme Coins
The launch of the Floki Debit Card marks a major milestone, providing users with the ability to spend their crypto assets at millions of merchants worldwide that accept VISA or Mastercard. Key features include:
- 0% Transaction and Exchange Fees: Making it cost-efficient for users.
- Multi-Network Support: Integrates over 8 blockchain networks, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and stablecoins such as USDT and USDC.
- Accessible Options: Offers both a physical card (€32 + shipping) and a virtual card (€10), with a nominal 2% top-up fee.
The card is currently available in 31 European countries, with plans to expand availability for physical cards to other regions soon. Virtual cards are accessible globally, excluding OFAC-sanctioned countries and regions restricted by issuing banks or Mastercard.
This utility-driven innovation sets FLOKI apart in the meme coin ecosystem, addressing a critical gap by enabling real-world crypto spending.
Market Sentiment
The introduction of the debit card has strengthened FLOKI’s fundamental appeal, making it more than just a meme coin. The project’s dedication to real-world use cases, combined with its growing ecosystem of decentralized finance (DeFi) products and NFT gaming metaverse (Valhalla), underscores its long-term potential.
Technical Analysis
At the time of writing, FLOKI is trading at $0.000275, reflecting a 6.78% increase over the last 24 hours. Despite the broader crypto market's bearish narrative, SEED_DONKEYDAN_MARKET_CAP:FLOKI has managed to post gains, signaling strong investor confidence.
Volume and Market Structure
FLOKI’s 24-hour trading volume of $1.26 billion highlights substantial market interest. The price action reflects a bullish reversal, supported by robust buying pressure likely driven by the debit card launch.
Comparative Advantage in the Meme Coin Space
FLOKI’s debit card not only enhances its utility but also positions it uniquely among meme coins. While many meme tokens focus solely on speculative trading, FLOKI’s ecosystem—including NFT gaming, DeFi products, and educational platforms—shows a commitment to long-term value creation.
The FLOKI community, known as the “Floki Vikings,” has consistently ranked high on social engagement platforms like LunarCrush, showcasing strong community backing.
Challenges and Risks
Despite its positive developments, FLOKI is not without risks:
1. Market Volatility: The broader market downturn could limit short-term gains.
2. Sustained Utility Adoption: The debit card’s success will depend on user adoption and the project's ability to scale its offerings.
3. Competition: As meme coins like DOGE and SHIB continue to innovate, FLOKI must maintain its momentum to stay relevant.
Conclusion
FLOKI’s 8% surge highlights the market’s recognition of its innovative debit card launch, a move that strengthens its position as a utility-driven meme coin. Technically, the token shows bullish momentum, with potential for further upside if resistance at $0.000285 is breached. Fundamentally, FLOKI’s commitment to real-world utility, coupled with its strong community, sets it apart in the crowded meme coin space.
As FLOKI continues to push boundaries, it’s poised to challenge the perception of meme coins as mere speculative assets, paving the way for broader adoption and integration into the crypto mainstream.
Will FLOKI’s debit card ignite a long-term rally? The next few weeks will reveal its impact.
Re-Visit MOG , Update from OCT 16thThe last Idea posted about MOG was a dead on hit. Amazing how the tOCT 16th was hit. My arrows were spot on but not with time, nailed price though, now in price discovery, Fibs can give areas to watch all 61.8's and hole numbers , best plan, don't trade, wait for BTC to top out and meme season really hits, Billions & Billions
BITCOIN $BTCUSD | BITCOIN OVER $100,000 ! Dec05'24BITCOIN BITSTAMP:BTCUSD | BITCOIN OVER $100,000 Dec05'24
BITSTAMP:BTCUSD Trends:
BITSTAMP:BTCUSD Weekly: Bullish
BITSTAMP:BTCUSD Daily: Bullish
BITSTAMP:BTCUSD 4H: Bullish
BITSTAMP:BTCUSD 1H: Bearish
BITSTAMP:BTCUSD rallied over $100,000 for the first time ever, and just recently price fell all the way to around $92,250. Unsure where BITSTAMP:BTCUSD is headed next but thought I'd throw my indicators and a few quick drawings on the charts. BITSTAMP:BTCUSD also has an ascending triangle pattern that could be a good opportunity for trade entries.
BITSTAMP:BTCUSD pullback prices:
Is a pullback to $69,000 heating up, here are my potential pullback areas:
91,500
90,500
85,500
77,000
72,000
69,000
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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Hawk Tuah ($HAWK): Is This Meme Coin Ready for a Comeback?The Launch and Dramatic Drop
Just a day after its much-hyped launch, Hailey Welch's meme token, Hawk Tuah ( MYX:HAWK ), experienced a shocking 90% price drop. Known online as the "Hawk Tuah Girl," Welch aimed to capitalize on her viral fame by creating a token that blends internet culture, humor, and community. However, accusations of sniper attacks and initial high fees marred its debut, sparking debates across the crypto community.
Key Launch Events:
- Price Plunge: According to Dexscreener, MYX:HAWK 's value sank dramatically within an hour, leading to widespread FUD (Fear, Uncertainty, and Doubt).
- Accusations and Defense: Welch's team faced allegations of orchestrating sniper attacks. In response, they clarified that no team member or KOL (Key Opinion Leader) received free tokens or sold any holdings.
🧐 Fundamental Insights: Beyond the Hype
1. Community-Centric Vision:
MYX:HAWK isn't just a typical memecoin. Hailey Welch aims to build a cultural movement, integrating her TikTok following, podcast listeners, and merchandise buyers. This strategy targets non-crypto users, potentially driving mainstream adoption. If executed well, this could set MYX:HAWK apart from other meme tokens.
2. Transparency and Trust Issues:
Welch's team addressed concerns about token distribution. They emphasized that the 10% team allocation is locked for one year and vested over three years, aligning their interests with long-term growth. However, the market's trust will hinge on continued transparency and community engagement.
3. Potential for Growth:
Despite the rocky start, MYX:HAWK 's market cap stands at $29 million, indicating room for growth if the community rallies. Comparisons to successful memecoins like Barsik, GIGA, and MOG highlight the power of community-driven momentum. If MYX:HAWK captures a similar spirit, a surge to a $150–500 million market cap isn't out of the question.
Technical Outlook: Signs of Reversal?
Current Performance:
MYX:HAWK is trading around $0.00295, down 26% from its recent all-time high of $0.0038. While this dip is notable, it's relatively modest for a memecoin, suggesting resilience.
Future Prospects: Will MYX:HAWK Soar or Stumble?
The fate of MYX:HAWK hinges on its community. Successful memecoins thrive on collective enthusiasm, and Welch's cultural influence could be a game-changer. However, investors should proceed cautiously. Duplicate tokens on decentralized exchanges (DEXs) pose risks, and the team must maintain transparency to rebuild trust.
Conclusion: A High-Risk, High-Reward Play
Hawk Tuah ( MYX:HAWK ) offers a unique blend of internet culture and crypto, with the potential to capture mainstream attention. While its launch faced significant challenges, the project's vision and community focus could drive future success. Investors should watch closely—if the community holds strong, MYX:HAWK might just "hawk tuah" its way to the moon. 🌕🚀
Stay vigilant, play safe, and remember: in the meme coin market, community is king. 👑
Solana Hits Previous High And Something Else.Traders,
In the same day that BTC has almost tagged 100k, Solana has hit its previous high. But there is something else showing me that Solana will have a tough time moving higher from here. It's that blue trendline. That started all the way back in mid-October of last year. Solana had remained above it until June of this year when the market could confirm that Bitcoin was going to continue its sideways to down price action until U.S. election time. The day after the election, as I expected, Solana broke its channel to the upside. It has now catapulted to its previous high on rumors of ETF filings today. But its run straight into the intersection of our blue trendline with the level of the previous high, making this area of confluence remarkably difficult for the bulls to beat. Will these ETF rumors be a sell the news event? I mean, you have to know that big money and insiders already knew. I expect them to dump on retail like they always do, take some profits, and then re-enter once retail knows they've been had again and start to fold. I can see the price coming back down to $205 or so. But Solana is white hot riding on the back of meme coins lately, so it's also possible that we just ride under the $260 price for a week or two accumulating before making any more big moves up or down. I don't have strong conviction with either option but I do believe the least likely scenario is the third option, a straight breakthrough of our previous high.
✌️ Stew
SHIBA INU — 2024-5CRYPTOCAP:SHIB is a meme token which began as a fun currency and has now captured mainstream attention as a meme coin. What started of as a meme coin has attracted a decent following of developers who have built a decentralized ecosytem around the token, including a dedicated L2 chain Shibarium.