Is It Too Late To Buy MUMU? Mumu The Bull Price Soars 45% As The Pepe Unchained ICO Goes Ballistic With $14.7M Raised
Release: 2024/09/23 23:54 Reading: 669
Mumu The Bull Price Soars in Bullish Momentum
The Mumu The Bull (MUMU) price has witnessed a remarkable 45% surge in the past 24 hours, reaching $0.00005849 as of 7 a.m. EST, fueled by a 378% increase in trading volume to $12 million.
Technical Analysis
The MUMU/USD pair on the 4-hour timeframe exhibits a significant bullish momentum. The price has rallied from a support level of 0.00003750, breaking above key resistance levels including the 50- and 200-period moving averages.
The crossing of the 50-period moving average below the 200-period moving average initially indicated a bearish trend. However, the recent upward spike has propelled the price above the 200 MA, suggesting a shift towards optimism.
Potential Downturn
The parabolic curve formed after the breakout from the consolidation zone indicates rapid upward momentum. However, the RSI currently stands at 80.35, signaling overbought conditions. This suggests the possibility of a short-term correction or consolidation before the price continues its upward trajectory.
Pepe Unchained Gains Momentum
While Mumu The Bull faces uncertainty in its potential uptrend, the new Layer 2 meme coin Pepe Unchained (PEPU) has garnered significant momentum in its presale, amassing over $14.7 million.
Pepe Unchained Features
Pepe Unchained differentiates itself from other meme coins through its forward-looking vision, including:
- Planned launch of its own Layer 2 blockchain for ultra-fast transactions and reduced fees.
- "Pepe Frens With Benefits" initiative to encourage developer involvement through grants.
- Staking option with an annual percentage yield (APY) of 142%.
Presale Information
Those interested in purchasing PEPU, currently priced at $0.00983, are advised to act quickly as the presale is scheduled to end soon. To participate, visit the project's official website, connect your wallet, and purchase PEPU using ETH, USDT, BNB, or a bank card.
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