Meme Coin Rally Drives MOODENG and MEW Prices Up by 30%
The meme coin market has seen notable activity, particularly with two Solana-based assets, MOODENG and MEW, gaining 30% after listing on Robinhood. This follows a trend as meme coins gain traction in a favorable regulatory environment.
Key highlights include:
- MOODENG price surged 30% to $0.32, with a 700% increase over the last 15 days.
- Daily trading volume for MOODENG rose by 138% to $830 million, and futures open interest increased by 45% to over $300 million.
- Crypto analysts suggest potential for further upside if MOODENG surpasses current resistance levels.
- MEW also experienced gains of nearly 20%, reaching a market cap of $368 million.
- MEW's trading volume increased by 437% to $322 million, with futures open interest up by 125% to more than $72 million.
Additionally, Ethereum-based meme coin Mind of Pepe (MIND) is gaining attention amidst an altcoin rally. It offers real-world utility through an AI agent providing market insights. Presale details include:
- Token price: $0.0037515
- Funds raised: $9.58 million
- Payment options: ETH, BNB, USDT
- Ticker: MIND
- Blockchain: Ethereum
The presale ends in 11 days, with speculation around post-presale price increases driving investor interest.