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Are Memecoins Ready for a New Surge? MEME — the Undervalued Lead🚀 Memecoin (MEME) is the native token of the Memeland ecosystem, created by the world-famous meme platform 9GAG! 💥 This is a Web3 studio of the future, combining innovation and memes in one ecosystem! 🌐 📊 When the crypto market starts to recover, memecoins traditionally show incredible strength and often outpace other altcoins in growth. Right now, BTC is in a dip, and memecoins are facing temporary challenges. But as soon as Bitcoin starts to rise, memecoins, including MEME, will be the first to show growth! 📈 🔥 Currently, the MEME token is in a downtrend, with lower highs and lower lows. However, looking at the memecoin sector as a whole, MEME seems undervalued. This might be a great opportunity for those who see the potential in the next memecoin season! 💡 Don't miss your chance to be among the first when the market starts to rise again! 🚀
Long
by CHOWTRADE
#MEME On the Edge of a Major Breakout From the Falling WedgeYello! Are you ready to catch the next big move of the #Memecoin? Let's look at the latest analysis of the #MEME and see what's happening: 💎 AMEX:MEME is currently showing strong signs of a bullish continuation from a critical support zone at $0.0098. We've been keeping a close watch on #Memecoin as it moves within a falling wedge pattern, and now it looks like it's gearing up for a potential breakout above the descending resistance line. The internal resistance at $0.016 is the next target on the radar for #MEME. 💎If #MEMEUSDT holds steady at this level, we could be on the brink of a significant bullish rally, much like we've seen in previous trends. A breakout above the key resistance at $0.016 could pave the way for a run towards the next resistance zones, and possibly beyond. 💎But remember, caution is key. If the momentum weakens at this crucial support, we might see a pullback to the lower support area around $0.0080-$0.0088. 💎Stay alert and closely monitor the AMEX:MEME price action. A daily close below this demand area could invalidate the bullish setup and lead to further declines. Stay focused, patient, and disciplined Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
$MEME / memecoin / memeland macro analysis ⏰It's one of my favourite coin 📌 which i invested only gamble liquid 💰 just 5% of my portfolio 💰 Buy :-: $0.045 below always #buy 🎯 :-> $0.098 is key 🗝️ resistance 📌 Main target => $0.26 🎯 get ur liquid 💰 + 1x profit ( principal trade with +100% ) Expecting top 🔝 $0.8 / $1.55 ( assumption ) Invalid 📌 below red line 📌 backup plan comes 🫴 into play ▶️ Just follow article , give boosting 🚀 share ...... Follow updates 👇 .... 🔜 Soon I will submit more details / information ℹ️ under this ..... ❤️‍🔥
Long
by raj5_7_5
MEME/USDT in a Make or Break Position | Positive Signs 👀🚀💎Paradisers, #MEME is gearing up to tackle the descending resistance and we expect a major bullish towards the resistance level above. 💎Once it breaches this resistance level, we'll look for a retest to confirm the breakout, which is essential for validating the bullish momentum. If #Memecoin stabilizes at $0.0222 and continues its upward trajectory, we'll target the next resistance point outlined in our projections. 💎However, if #MEMEUSDT cannot sustain this support and falls back into the channel, it may signal a weakening bullish trend. In that case, the price might descend to the next critical support at $0.0202. 💎Historically, AMEX:MEME has managed robust recoveries from similar levels. If this pattern continues, we can anticipate a strong bounce. Yet, a definitive close below this support would shift our perspective and suggest a shift toward a bearish trend. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
MEME/USDT It looks promising movement if success break supply!💎 Paradisers, #MEME is indeed displaying promising movements that warrant close attention. 💎 Currently, MEME is encountering a supply area ranging from 0.0313 to 0.0327. In the previous attempt to break above this supply zone, MEME experienced rejection. 💎 If MEME faces rejection again at this supply zone, there's a potential for the price to test the demand area around 0.026. This retracement to the demand area could serve as an opportunity for MEME to gather momentum for another attempt to break out above the supply area. 💎 However, if MEME manages to break above the supply area without a retracement to the demand zone, it could signal significant upward movement, potentially leading to the attainment of our target area. 💎 On the other hand, if MEME fails to bounce off the demand area and even breaks below it, there's a possibility of further downward movement, revisiting the key support area. 💎 Historical data suggests that MEME has bounced when reaching this zone in the past, and a similar scenario might occur if MEME revisits the key support. 💎 Nevertheless, it's essential to closely monitor MEME's price action and its ability to hold above critical support and resistance levels. A breakdown below the support zone, confirmed by a daily candle close below it, would indicate bearish momentum, potentially leading to further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
4
MEME Memecoin MEMELandMEME Memcoins have seen a significant increase in popularity in recent years. These digital assets, often inspired by internet memes or pop culture references, have caught the attention of crypto-enthusiasts and casual investors alike. The memcoin sector has become one of the most lucrative cryptocurrency trends! MEME is a project that has caught the attention of the cryptocurrency community. It is designed with a fixed total supply of 69 billion tokens spread across seven major categories. The project has generated significant interest, as evidenced by its successful pre-sale and investment from Binance Labs, which emphasizes the credibility of the MEME token and the broader Memeland project. The Memeland project aims to develop a vibrant social economy by leveraging the power of a well-known brand like 9GAG. Since June 2022, the project has launched three NFT collections including You The Real MVP, The Captainz and The Potatoz, and plans to launch additional elements such as MAO SWAP (DeFi 2.0), MAO GAME and NFT Marketplace on Ethereum. MEMECOIN's distribution strategy is designed to support the longevity of the project and inject sufficient initial liquidity to maintain engagement and momentum in the initial stages. The project has a strong community engagement strategy, which is critical to the success of any memecoin project. Tokenomics A total of 69 billion MEME tokens are in circulation. 95.8% of the total number of tokens is allocated to a liquidity pool and 4.20% is reserved in the team's multisig wallet. One of the unique features of Memecoin is that it was created intended for fun and with no promise of financial return. The MEME token was distributed as follows: Ecosystem: 30% Airdrop: 25% Contributors: 17% Investors: 12% Community: 11% Consultants: 3,00% Binance Launchpool: 2.00% Team The team behind Memecoin (MEME) includes several key members. Ray Chan, Brian Yu and Marco Fung are part of the founding team, which also includes Chric Chan and Derek Chan. They are known for their work in building and running 9GAG, a popular global cross-platform entertainment media network with a mission to make the world a happier place. 9GAG has a significant global audience of 150 million followers across multiple social platforms including Facebook, Instagram and X. Audit The project's smart contract audit reports are available on the Cyberscope platform. During the audit, a thorough investigation was carried out to ensure that the flow of funds in the system complies with the specifications and constraints set out in the protocol specifications and that the ERC-20 standard is strictly adhered to. The auditors verified that all transitions between system states occurred within reasonable criteria and that all elementary formulas in the system performed as expected. They also identified an important problem in the token implementation in the Matic system that could have significant implications for the overall integration of Matic. This problem was promptly escalated to the Memecoin team for remediation. Ecosystem Memecoin Ecosystem (MEME), developed by Memeland, is an innovative platform that aims to connect creators and communities through the use of non-functioning tokens (NFTs), tokens and various products. The ecosystem includes several NFT collections such as You The Real MVP, The Captainz and Potatoz, which were launched to cater to a wide range of community interests and preferences. 1. You The Real MVP: This collection features unique, limited edition NFTs dedicated to the “most valuable players” in the community. These NFTs serve to recognize and reward community members who have made significant contributions or demonstrated exceptional support for the project. 2- The Captainz: This collection is based on a pirate theme and includes a variety of characters, each with their own unique attributes and backstories. The Captainz NTFs are designed for adventurers and explorers and can be used in a variety of ways in the Memecoin ecosystem, such as participating in exclusive events or gaining access to special features. 3. Potatoz: This collection is inspired by a popular internet meme and features a series of cute and quirky potato characters. Potatoz NFTs are designed for a general audience and can be used to participate in community events or to gain access to exclusive content and features in the Memecoin ecosystem. Overall, the Memecoin Ecosystem (MEME) is designed to foster a strong and vibrant community of creators and fans, as well as provide a platform for collaboration, innovation and growth. By leveraging the power of NFTs, tokens, and various products, Memecoin aims to create a unique and engaging experience for its users and drive adoption and growth in the cryptocurrency and blockchain space. Blockchain Analysis When analyzing the blockchain we should remember that all coins are already unlocked and are “in the hands” of funds. If we pay attention to the transactions in the blockchain, we can see that over the last month, $23.6 million worth of tokens were sent to Memeland's staking! And in total, 77.8% of all coins worth $1.54 billion are in the steaking. Next, it's worth noting, that who is even buying back coins at market value nowadays? Binance has been actively buying back large volumes over the past few months, subsequently providing this liquidity to Wintermute to run the exchanges price management software. Currently, it is incredibly easy to manipulate prices as most coins are staked and funds are provided to market maker Wintermute. Conclusion Interest and discussion around the potential of various meme coins, including MEME, in the current market is high. There is also a sense of optimism around the future of meme coins, with some expecting them to surpass traditional cryptocurrencies and large capitalization coins. This is a project that has the potential to become a platform for meme enthusiasts, a place where creativity flourishes and humor knows no bounds. Thanks to its innovative approach to creating and sharing memes, as well as its growing popularity through user engagement and community building, Memecoin has every chance of further development. The project has announced plans to mass issue 17.25 billion AMEX:MEME tokens, representing 25% of the total supply and valued at $17,250,000. This strategic initiative aims to reward holders of Memeland NFTs covering the MVP, Captainz, and Potatoz NFT collections. This is one of the most significant token giveaways in recent times and is part of Memecoin's strategy to engage more deeply with the community, hence this number of holders. Many drop hunters were flagged as Sybil accounts, bots or multi-ackers. After the airdrop, Binance started buying up the project's coins. Holders of airdrop continue to hold coins, as it was not profitable to withdraw coins due to the price of swap and further withdrawal fees. Hence the large percentage of tokens in the stackbook, which guarantees getting points and tokens. In general, there is a large audience in the community that can support the project and help it succeed. The team has knowledgeable and skillful professionals who are able to redirect the project in the right direction to succeed. At this stage, the project keeps on completing tasks to get points and tokens, which helps to develop the project and improve its performance. The chart looks promising for investment with further exit from accumulation and renewal of historical highs. Best regards EXCAVO
Long
by EXCAVO
4
#MEME Unlocking Potential: The Perfect Entry Point for Profits **Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions. 2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action. 3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis. 4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns. 5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses. 6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions. **Disclaimer for Crypto Trading:** Trading cryptocurrencies carries inherent risks, and it's important to understand the following: Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses. Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky. Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices. This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets. By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
Long
by MoonTradingForecast