Chain News Daily Official TheBitTimes.com

The MAGA price plunged 9% in the last 24 hours to trade at $1.97 as of 00:40 a.m. EST on trading volume that soared 57% to $5.4 million. This comes after Donald Trump helped officially unveil World Liberty Financial (WLFI), his family’s highly-anticipated cryptocurrency project, on Monday night. MAGA Price Bearish – A Rebound Incoming? According to GeckoTerminal data, the MAGA price has been on a downtrend, dropping from the $3.52 resistance within the falling channel pattern, according to data from GeckoTerminal . However, the price of MAGA may have found some support around $1.84, as the price now hurtles towards the upper boundary of the falling channel. TRUMP now trades below both the 50-day and 200-day Simple Moving Averages (SMAs) coinciding with the price trading within the falling channel. Moreover, the Relative Strength Index (RSI) is trading downwards towards the oversold region, currently at 33, which shows that the asset is under intense selling pressure a...

During the second quarter of the year, the crypto community has witnessed a remarkable surge in the meme coin sector. As the market experiences a shift in investor sentiment, three meme coins have emerged as the frontrunners in this explosive growth: Pepe (PEPE), Ponke (PONKE), and MAGA (TRUMP). With impressive gains and a staggering 136% increase in trading volume over the past week, these meme coins are worth considering for your portfolio. The #memecoin sector has been surging above all others in #crypto in Q2. Assets like $PEPE (+100%), $PONKE (+96%), $MAGA (+80%), $TURBO (+78%), and $BITCOIN (+76%) have been major beneficiaries. This past week, #meme assets are +136% in volume. Link: https://t.co/dMj8Jf4q0P pic.twitter.com/50VPgIjyag — Santiment (@santimentfeed) May 15, 2024 Also read: Ripple: ChatGPT-4o Predicts When XRP Price Will Rebound Pepe (PEPE)  Pepe (PEPE), the meme coin inspired by the popular internet meme, has been leading the c...