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The Moo Deng value has pumped 39% within the final 24 hours to commerce at $0.08638 as of seven:15 a.m. EST on a 57% surge in buying and selling quantity to $48.5 million.
Pygmy hippo Moo Deng has captured hearts world wide from her residence in a Thailand zoo, changing into an web sensation.
Impressed by her, the Solana-based meme coin Moo Deng (MOODENG) was launched on the Pump.enjoyable platform and has soared to a $70 million market cap in simply two weeks.
Moo deng is rarely dry or calm😭 pic.twitter.com/EgUpj64Ad3
— Nature is Wonderful ☘️ (@AMAZlNGNATURE) September 19, 2024
Moo Deng Value Varieties A Bullish Pennant Inside A Bullish Channel
The MOODENG/USD pair within the 15-minute timeframe is in a transparent bullish pattern. The worth is at present at $0.08935, marking a 3.26% enhance within the session. The worth motion is contained inside a well-defined ascending channel, indicating a robust uptrend.
The worth is buying and selling close to the higher boundary of the channel, and the upward arrow suggests the potential for a breakout to the upside, signalling additional positive factors within the close to time period.
MOODENDUSD Evaluation Supply: Dextools.io
The 50-period easy shifting common (SMA) is at present at $0.0863, which helps the worth nicely above this stage. The 200-period SMA, which sits at $0.0641, can also be far under the present value, reinforcing the long-term bullish sentiment. The vast hole between the 50 and 200 SMA additional helps this optimistic sentiment.
The Shifting Common Convergence Divergence (MACD) indicator reveals the MACD line (blue) barely under the sign line (orange) however near a possible bullish crossover. If this crossover occurs, it might affirm a shopping for sign, reinforcing the upward momentum.
Moreover, the Relative Energy Index (RSI) stands at 51.90, which is impartial. This means no overbought or oversold circumstances for the Moo Deng value. This implies the worth has room to maneuver increased earlier than changing into overbought, permitting for extra upside potential.
Key help ranges lie across the 50 SMA at $0.0863 and the decrease boundary of the ascending channel. Resistance is at present being examined on the higher boundary of the bullish channel, and a breakout above this stage would doubtless result in additional positive factors.
Crypto All Stars (STARS) Raises $1.6 Million: Finest Crypto To Purchase Now?
As Moo Deng value merchants anticipate an additional bullish rally above the pennant, a brand new meme coin known as Crypto All Stars (STARS) has seen a surge in presale funding to take it previous $1.6 million.
An analyst from the favored 99 Bitcoins YouTube channel, with over 706k subscribers, says that STARS has the potential to surge 100X when it launches.
Crypto All Stars provides actual utility by means of its ‘MemeVault’ characteristic, which permits holders of fashionable meme cash to stake their belongings and earn rewards in $STARS tokens.
MemeVault makes use of the ERC-1155 commonplace, permitting meme cash from completely different blockchains to be staked without having a number of wallets or platforms. The extra $STARS tokens you maintain, the larger the rewards.
At launch, MemeVault will help 11 fashionable meme cash, together with Pepe Coin, Dogecoin, Shiba Inu, Floki Inu, and others, with plans so as to add extra sooner or later.
What Is Crypto All-Stars?
Crypto All-Stars is ready to revolutionize the meme coin sector with its progressive ‘Meme Vault’ platform. 💥
That is extra than simply one other meme coin – it is a wholly new solution to work together with the meme coin ecosystem!
— web3telepath (@web3telepath) August 15, 2024
Crypto All-Stars additionally provides staking for $STARS itself, with a formidable annual share yield (APY) of 929%. Beware that as extra traders be part of, the returns will lower.
You should buy $STARS with $ETH, $BNB, $USDT, or a financial institution card for $0.0014652 per token. However don’t wait too lengthy to purchase as a result of the worth will enhance in lower than three days.
Purchase $STARS from its official web site right here for a 929% APY.
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