Tutorial (TUT) Price Surges 150% Following Binance Listing and Airdrop Announcement
Tutorial ($TUT) Performance Overview
- $TUT increased by 150%, reaching an intraday high of $0.056 from $0.016.
- The token is currently trading around $0.037.
- Price surge attributed to its listing on Binance and participation in the "Vote to List" campaign.
- Bitget announced its Early Hunter Airdrop, offering a chance to win a 1,000 BGB grand prize for trading TUT.
- Daily trading volume surged by 1,200% to over $287 million.
- Market cap rose to $38.5 million, an increase of 148%. Open interest in TUT futures jumped by 400% to $73.59 million.
Market Sentiment and Technical Analysis
- Despite a previous rally followed by a 50% correction, TUT remains 150% higher since its Bitget listing.
- Technical analysis indicates a potential bullish trend with key support at $0.03 and targets of $0.06 and $0.065.
- Traders are monitoring the $26.6 million market cap as a critical level for further gains.
Meme Coin Market Context
- The meme coin market overall has gained over $8 billion in the last 20 days.
- Current market capitalization for top meme coins stands at $51.73 billion, down 6.2% today.
- The market cap grew from $20 billion in January 2024 to over $120 billion by December 2024.