News and analysis on encrypted currencies, Blockchain and decentralized financing
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Despite the severe volatility in the broader market, the new Meme currencies gain more traction and witness decent price pumps.
Among the low new Meme currencies that continued to challenge the probability of the market is the test (TST)-according to what was reported, the Mimi currency with a new series of Binance Smart Meme has been linked to ChangPeng Zhao.
Since her first appearance two days ago, TST has witnessed repeated mutations, which caused its association with the former chief executive of Binance and its inclusion in the Stock Exchange Trading Department.
My teaching video was now deleted by CZ, which shows how the distinctive symbol was published using Fourmeme-the first Meme Coin launch platform on the BNB-series added to the trading madness about TST.
While she was cooled after she witnessed nearly 1,100 % gains in the first three days, TST is now witnessing a dramatic increase again, as she jumps approximately 200 % on the daily chart to reach the peak price of $ 0.52.
Also, the maximum market amounts to $ 500 million, and highlights the excitement and speculative benefits surrounding the distinctive symbol.
Can the test to maintain this basic procedure?
Is Test Meme Coin really connected to CZ?
After the launch of the Test Token last week, an educational video clip was published by the BNB team, with a highlight of how Mimi icon was developing on the Fourme platform. TST was used as an example in the video that has been deleted now, which apparently displays it to the broader investment community, especially Chinese KOLS.
CZ made a comment on the video, citing the BNB team members in the BNB series.
Former CEO Pines to request The deleted video – a statement also adds to the speculative commercial frenzy about the distinctive symbol.
The test code was described by Coinmarketcap as a project published by Binance on Fourme. The Mimi currency section is read on the popular price tracking site:
Binance. Say, “Hi” for the latest member of the Binance Smart Chain family, Test Tokeen, which was published by Binance on Fourme !!
This, along with the viral video, raised rumors that Changpeng could be the brain behind the test. However, the co -founder of the co -founder Hesitate There is a connection with the Mimi currency and insisted on the absence of it and the BNB team carries it.
Despite the rejection, the test acquires more land and almost touched the threshold of the maximum market with a value of $ 500 million before reversing to 283 million dollars. This impressive performance has made many merchants, with the likes of Altcoin Gold Saying People are no longer interested in benefit, but the belief that wealth is waiting.
Meanwhile, the Meme currency has already been inserted on Bingx and Binance, which may enhance the demand for the market and liquidity. Moreover, Coinmarketca explains that the feelings of society are still upward.
Does the distinctive symbol test prepare to hack for one dollar?
the 15 -minute scheme TST/USD trading in the upper upper pattern is currently at $ 0.2791. The price was slightly corrected from the last ATH at $ 0.53, which represents a 46 % decrease as the bears tried to exceed the bulls.
With $ 0.3071 as the next important obstacle, the completion can increase the price, which is likely to recover the last ATH at $ 0.53. On the contrary, failure to break this level can lead to a decline towards a level of support of $ 0.2609.
The TST/USD chart shows a slight decrease in momentum, which may lead to more negative side if the bulls fail to increase the purchase pressure.
However, despite the slight decline in price, the noticeable increase in trading volume indicates that market participants are still optimistic about more price gains. The volume of ballistic trading went, as it rose by more than 500 % to $ 1.14 billion, indicating an increase in market activity.
The current price level of $ 0.2791 is approaching the following important resistance levels at $ 0.36, $ 0.41 and $ 0.49. In the event of continued bullish momentum and the price collapses over $ 0.49, the market can target higher levels, and may reach a huge $ 1 sign.
Predicting test Mimi -short -term currency prices
A closer look at TST RSI indicates a tremendous reflection of the 70th region that has been purchased. It is currently at 40.54, which indicates the neutral momentum with the battle of sellers and buyers to control the market.
If the broader market regains its upward strength and bitcoin restoring the level of $ 100,000 again, there may be a renewed interest in the Meme Coin test, which paves the way for more gains in the coming days. However, any weakness can lead to withdrawal, as it works 0.26 dollars as a first market morale test.
Predicting test Mimi-long-term currency prices
It seems impossible to predict carefully how the price of Meme will move in the long run. However, the increasing trading activity and amazing price growth showed that the Binance Smart series is Popular growth gradually Among the investors, the Mimi currency.
As the investor’s appetite for Meme currencies continues to increase on the network – to its launch of Fourme.MEME – the distinctive symbol test can gain more attention, which may push the market ceiling to one billion dollars.
Indeed, the test, according to CZ, created a Twitter account, which means that it is preparing to form the active social media community. How does it intend to achieve this unknown yet. However, if he successfully built a vibrant society and keeps them participants, he will continue in connection.
Besides, his arrival at Binance within days of launch is a great achievement. If things continue like this, it may expand the possibility of reaching potential investors and paying their price to new horizons.
However, the lack of cases of use in the test means that its price procedures will remain volatile and may reflect the work of BNB.
Mimi Index – a new project that enhances diversification of assets in the volatile mim currency area
There is no doubt that the test has witnessed rapid growth in a short period of time. However, since it is often driven by the interest of speculation, it may be exposed to sudden corrections, especially if the noise around it fades.
This is the reason that diversification of assets is crucial in the M and the best way to do so is to invest in a project that provides the first index of Mimi currency at all.
Mimi index The primary goal is to change how investors have long interacted with Meme currencies, allowing them to move in the market in a way that is in line with their tendency. The indicators that created it are divided into four, with each of which includes symbols with different levels of fluctuations.
At the top, there is a Meme Titan index, which contains high -resolution MIM coins. The second is the Moonshot Index, which includes symbols close to hitting a billion dollar threshold.
The MIDCAP index, which is the third in the list, is the place where the real volatility begins because it covers the meme currencies in the range of $ 50 million to $ 250 million. Finally, there is a Meme Frenzy Index, which contains the most dangerous and higher metal currencies.
Unlike the current indicators, the Meme Index says that community members will have full control of how to balance each of these indicators.
https://www.youtube.com/watch?
It praised the multi -use nature of index shows by many publications, including Cointelegraph. YouTube owners such as Alessandro de Crypto stated that the increasing interest in Meme currencies can help Memex in the start of an explosive start when it officially reaches the stock exchanges.
At the time of writing this report, the project raised about $ 3.5 million in pre -diamond. Those wishing to take advantage of the early opportunity can visit the official website to join Mahidi and may participate in their symbols to increase their gains.
Visit the M. Index