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Solanamemecoin

POPCAT COIN LONG OPPORTUNITY - Solana MemecoinPOPCAT is one of the most popular Solana memecoins, currently listed on Binance and generating a lot of hype. I’m keeping a close watch and trading this one to catch the memecoin trend. Technical Analysis: Price recently hit the daily demand, ran daily liquidity, and failed to close below, indicating a potential move higher. Following the liquidity run, we saw a strong increase in volume, which created a 4-hour demand zone. Price has since rejected off the bearish trendline and is now moving into the 4H demand and maximum discount area, where I’ll be looking for long entries. Lower time frame confirmations will be necessary before initiating the trade. Stop loss: 1.15 TP1: Trendline TP2: Equal Highs - 1.66 TP3: ATH - 1.82
Long
by UA_CAPITAL
2
BONK MEME COIN LONG IDEA - Solana Memecoin TrendBONK is a popular Solana meme coin and is gaining attention amid the ongoing meme coin trend, so it’s worth keeping an eye on. Technical Analysis: BONK recently broke out of a bearish trendline, retested it, and appears to be consolidating here. I believe we could see strong upward momentum soon. The price has also recently broken a larger bearish trendline, created a weekly demand zone, run daily liquidity, and reached a daily demand level, followed by a strong breakout. I'm already in this trade and would consider adding more if the price retests and reacts at the trendline. Please note the tight stop-loss on this trade and adjust your risk accordingly. SL: 0.020847 TP1: 0.0305 TP2: 0.0339 TP3: 0.0357 After reaching TP1, I'll move my stop-loss to breakeven, and I suggest you consider doing the same.
Long
by UA_CAPITAL
1
BONK Price Soars 12% Post-Major ListingThe Solana-based meme coin CRYPTOCAP:BONK is making waves in the cryptocurrency market. After its listing on South Korea’s largest crypto exchange, Upbit, the coin has surged by 12% in a single day, reaching a new all-time high. This recent rally has extended BONK’s weekly gains to over 75%, sparking optimism for its potential to challenge the giants of the meme coin market like PEPE and SHIB. The Catalyst Behind BONK’s Rally The Upbit listing has proven to be a game-changer for CRYPTOCAP:BONK , as the Korean exchange announced the addition of a BONK-Korean Won trading pair. With Korean investors’ affinity for meme coins, this move has significantly boosted trading activity and investor confidence. - Massive Volume Surge: BONK’s daily trading volume has soared by 77%, crossing the $2.7 billion mark. - Whale Activity: Blockchain analytics platform Lookonchain reported notable whale interest. A well-known investor, famous for $4.84 million profits from POPCAT, recently acquired 65.4 billion BONK tokens worth 3.4 million USDC, signaling strong confidence in BONK’s potential. - Market Cap Milestone: BONK’s market cap now exceeds $4.2 billion, ranking it as the fourth-largest meme coin. Analysts predict it could climb to $10 billion, positioning it among the top three meme coins. Technical Analysis BONK has consistently followed a cycle of falling wedges followed by rising wedges. This pattern has occurred three times, each signaling a breakout to new highs. CRYPTOCAP:BONK is currently positioned for a healthy retracement to the $0.000051 support level before potentially climbing further. The Relative Strength Index suggests room for retracement or a continuation of the bullish trend. Furthermore, BONK’s 24-hour trading volume surged by 117.24%, reflecting strong investor interest and liquidity. With BONK currently trading at $0.0000559, analysts see potential for the price to move towards $0.005 in the long term, fueled by its increasing adoption, whale interest, and strong technical foundation. Upbit Listing Amid Regulatory Scrutiny Interestingly, this development comes as Upbit faces regulatory challenges. South Korea’s Financial Intelligence Unit has flagged over 500,000 KYC violations by the exchange. Despite this, the CRYPTOCAP:BONK listing has ignited investor enthusiasm and strengthened the coin’s community. Conclusion BONK has displayed a rare mix of healthy technical patterns, growing fundamentals, and increasing adoption. The combination of whale activity, a major exchange listing, and sustained volume growth suggests BONK is well-positioned to capitalize on the meme coin trend. With a market cap of $4.2 billion and growing, the $10 billion milestone could soon be within reach. Investors are keeping a close watch on BONK’s next moves, as it continues to solidify its position in the meme coin hierarchy. Will BONK challenge PEPE and SHIB? Only time will tell, but the momentum is undeniably strong.
Long
by DEXWireNews
MEW: Solana-Based Meme Coin Soars 14% on Major Exchange ListingsIn the competitive world of meme coins, Cat in a Dog’s World ($MEW) has emerged as a key player after securing a significant listing on the South Korean crypto exchange Upbit. Following in the footsteps of Dogecoin (DOGE) and Shiba Inu (SHIB), MEW's inclusion in the KRW market has catapulted its price by 14%, positioning the coin for continued upward momentum. Upbit’s announcement of the MEW/KRW trading pair comes as a major development, giving the Solana-based token exposure to a broader market. With Upbit being a major player in the Asian crypto space, the listing brings MEW closer to mainstream adoption, sparking bullish sentiment in the market. MEW's Growing Influence The recent listing on Upbit is a significant milestone for $MEW, marking it as the third meme coin to achieve this feat after Dogecoin and Shiba Inu. The decision to peg MEW to the Korean Won (KRW) is crucial as it opens the token to a massive audience of South Korean traders and investors. This development follows the earlier listing of MEW in BTC and USDT markets, further extending its market reach. In addition to Upbit, Kraken also listed $MEW on October 8th, 2024, sparking further price rallies and pushing the token to its recent ATH. These exchange listings are a testament to the growing interest in the Solana-based meme coin, positioning it as a token to watch in the coming months. With $MEW gaining significant trading volume (up 370%) and a remarkable 14% price jump following the Upbit listing, it’s clear that the token is benefiting from increased market visibility and investor confidence. MEW’s total futures open interest (OI) is also up 16%, adding to the optimism surrounding its bullish trajectory. Technical Outlook: MEW Primed for Further Gains From a technical perspective, $MEW shows signs of continued bullish momentum. As of the time of writing, $MEW is up 4.51%, trading at $0.009561 after breaking through a former resistance point. This price action comes on the heels of the Upbit listing, positioning $MEW to revisit previous highs and potentially reach new all-time highs (ATH). The Relative Strength Index (RSI) sits at 62.67, indicating bullish conditions without being overbought. This positioning primes MEW for an upward move towards its pivot point of $0.01, a psychological level that could open the floodgates to further price rallies. Should MEW surpass this point, it could enter a new bullish cycle with increased price discovery. In the event of a retracement, MEW has solid support at $0.008, a former resistance level that could provide a strong foundation for future growth. This combination of bullish indicators and fundamental catalysts makes MEW a token with high potential in the meme coin space. Conclusion: MEW’s Road to the Top MEW's recent listings on Upbit and Kraken have sparked a new wave of optimism, pushing the Solana-based meme coin into the spotlight. With technical indicators supporting a bullish case and increased trading volume confirming investor interest, $MEW is positioned for continued gains. As it approaches its pivotal $0.01 level, all eyes are on $MEW as it looks to break into new highs.
Long
by DEXWireNews
2