$MEMEFI Gearing For A 2,000% Surge Amidst Growing MomentumThe price of $MEMEFI token is set to breakout with over 2000% gains in sight amidst 100% surge and growing momentum.
Initially lunched on the TON blockchain, then later migrated to the Ethereum and finally SUI ecosystem, $MEMEFI has delivered a stunning 230% gains for the past 3 days and setting the coast for a 2,000% surge amidst growing interests on the SUI blockchain.
Since listing, $MEMEFI has seen a 505% surge before undergoing a massive plunge losing 97% of market value. But with present market conditions, $MEMEFI is looking forward to a bullish breakout amid a falling wedge pattern recorded on the daily price chart.
About MemeFi
MemeFi has emerged as a pioneer in the Telegram mini-app space, evolving from a simple idle tap-to-earn game into a sophisticated ecosystem with interconnected gaming mechanics. With over 55 million users and 10 million on-chain wallets, MemeFi has established itself as a leader in bridging the Telegram ecosystem with blockchain technology.
MemeFi Price Data
The MemeFi price today is $0.002678 USD with a 24-hour trading volume of $129,760,593 USD. MemeFi is up 99.35% in the last 24 hours. The current CoinMarketCap ranking is #702, with a market cap of $26,780,147 USD. It has a circulating supply of 10,000,000,000 MEMEFI coins and a max. supply of 10,000,000,000 MEMEFI coins.
Tonecosystem
Breaking: $DOGS Gearing For A 60% Breakout Amidst Falling Wedge The price of the first dog-theme memecoin on Telegram ecosystem (TON) Dogs ( SEED_ALEXDRAYM_SHORTINTEREST1:DOGS ), is gearing up for a 60% breakout amidst breaking out of a bullish pennant.
Since listing, SEED_ALEXDRAYM_SHORTINTEREST1:DOGS has delivered a 230% gain and has seen a rapid plunge losing about 94% of market value. But present market metrics hints at an impending 64% surge as the memecoin on The Open Network (TON) is brewing with momentum.
With its RSI at 65, SEED_ALEXDRAYM_SHORTINTEREST1:DOGS is well ready to capitalize on the dip to make a comeback. Tokens on the TON ecosystem have been mute lately with the advent of the Telegram clicker games, so many tokens on TON blockchain has been created and have all falling down the drain with the exception of SEED_ALEXDRAYM_SHORTINTEREST1:DOGS , $HMSTR and ECONOMICS:CATI of which all were listed on top tier exchanges like Binance and Bybit.
A break above the $0.000178 resistant point will clear the coast for the 66% breakout. However, should SEED_ALEXDRAYM_SHORTINTEREST1:DOGS fade the move, the $0.000099 support lies in wait.
Since March high, SEED_ALEXDRAYM_SHORTINTEREST1:DOGS has loss about 49% of market value placing the asset on the cusp of a bullish reversal. SEED_ALEXDRAYM_SHORTINTEREST1:DOGS might just be the coin that will change the tide for the TON ecosystem.
DOGS Price Data
The SEED_ALEXDRAYM_SHORTINTEREST1:DOGS price today is $0.000143 USD with a 24-hour trading volume of $38,940,072 USD. SEED_ALEXDRAYM_SHORTINTEREST1:DOGS is up 0.73% in the last 24 hours. The current CoinMarketCap ranking is #402, with a market cap of $73,674,374 USD. It has a circulating supply of 516,750,000,000 DOGS coins and a max. supply of 550,000,000,000 DOGS coins.
TradeCityPro | NOT: Tracing the Decline of a Telegram Titan👋 Welcome to TradeCity Pro!
In this analysis, I will review NOT, one of the Tap-to-Earn projects on Telegram, currently ranked 171 on CoinMarketCap with a market cap of $213 million.
📅 Daily Timeframe
In the daily timeframe, after this coin was listed in May last year, it initially had a strong bullish movement starting from 0.004733, reaching 0.022602, providing significant profits to its early investors.
🎲 However, after this rally, a downtrend started, and in the first bearish leg, the price dropped to 0.010029. In the next leg, the decline continued to 0.005699, where the price consolidated for a long time within a range box between 0.005699 and 0.010029.
✅ With the break of the 0.005699 support, the next bearish leg started. Since there were no further historical supports on the chart, I used the Fibonacci Expansion tool to determine potential support zones. As shown, the key support levels identified were 0.002516 and 0.003382, where the price formed another range box and consolidated for some time.
⚡️ After the break of the 0.002516 low, the price initiated another bearish leg, and the next potential support zones where the price may react are 0.001728 and 0.001071.
🔽 If you already have a short position on this coin, you can wait to see which level the price reacts to before taking profits.
🛒 For those considering buying this coin, I want to make it clear that I personally do not buy this coin in the spot market, and I also do not trade it in futures with my main capital. The reason is that this project lacks strong fundamentals—it was hyped within Telegram, which temporarily attracted liquidity. However, as you can see, this liquidity exited the market, leading to its current decline.
🔼 Nevertheless, if you still want to buy this coin, the first condition is to wait for a trend reversal.For now, the trend reversal confirmation level is the breakout of 0.003382. However, if the price forms higher highs and higher lows and we get Dow Theory confirmation, then a buy entry can be considered.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️