Moo Deng Price Prediction: MOODENG Pumps 39%, But Analysts Say This Might Be The Best Crypto To Buy Now
Release: 2024/09/25 23:45 Reading: 530
Bullish Surge: Moo Deng Token (MOODENG) Rises 39%
In the past 24 hours, the Moo Deng token has surged 39%, reaching $0.08638 as of 7:15 a.m. EST. Trading volume has also spiked 57% to $48.5 million.
Moo Deng, the Internet Sensation
Inspired by the adorable pygmy hippopotamus Moo Deng from a Thailand zoo, the Solana-based meme coin MOODENG was launched on Pump.fun. Within just two weeks, it has gained widespread popularity, reaching a market cap of $70 million.
Bullish Technical Analysis for MOODENG
The MOODENG/USD pair is displaying a bullish trend in the 15-minute timeframe. The price is trading near the upper boundary of an ascending channel, indicating a potential breakout and further gains.
Technical indicators support the bullish sentiment:
- The 50-period SMA provides solid support at $0.0863.
- The 200-period SMA is significantly below the current price, reinforcing long-term bullishness.
- The MACD indicator suggests a potential bullish crossover, indicating buying momentum.
- The RSI is neutral, leaving room for further upside potential.
Key support levels include the 50 SMA and the lower boundary of the ascending channel, while resistance is being tested at the upper boundary.
Crypto All Stars (STARS): A Rising Meme Coin
As Moo Deng traders anticipate further gains, Crypto All Stars (STARS) has garnered attention, surpassing $1.6 million in presale funding. Analysts predict a potential 100X surge at launch.
STARS introduces the innovative 'MemeVault' feature, which allows holders of popular meme coins to stake their assets and earn rewards in $STARS tokens. It supports a diverse range of meme coins across multiple blockchains.
STARS also offers staking for its own token with a high APY of 929%. Note that returns may decrease as the user base expands. $STARS can be purchased using various methods, including $ETH, $BNB, $USDT, or a bank card.
Disclaimer: The information provided above does not constitute financial advice. Conduct your own research and consult with a qualified professional before making any investment decisions.
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