MAD Price Skyrockets 20%
The MAD price surged 20% in the past 24 hours, reaching $0.00001995 as of 3:30 a.m. EST. This increase was fueled by a 26% jump in trading volume to $5.9 million.
LBank Platform Listing
The price surge occurred after Lbank Exchange listed the MAD token for trading. Investors can now easily buy and sell MAD on this platform.
MAD: The "Wild Degen Beast"
Known for its vibrant community and relentless pursuit of new opportunities, MAD seeks to identify potential high-growth meme coins. Its relentless pursuit of profits drives the coin's popularity.
Technical Analysis
- Bullish Trend: The MAD price bulls have gained momentum, pushing it upward within a bullish channel.
- Bullish Pennant: The formation of a bullish pennant suggests a potential continuation of the uptrend.
Technical Indicators:
- Rising 50-day simple moving average
- RSI above 30-oversold level and approaching 50
- Climbing MACD line and fading bearish momentum
Price Prediction
The technical analysis indicates a potential rally towards the previous high of $0.00003881. However, a death cross at $0.00001929 could exert bearish pressure, potentially pushing the price back to the $0.00001431 support level.
Alternative Investment: Pepe Unchained
As the MAD price prepares for a potential rally, investors are also considering Pepe Unchained (PEPU). This new meme coin has raised over $8 million in early funding, following the success of its predecessor, PEPE.
- Layer-2 Blockchain: PEPU operates on its own Ethereum Layer-2 blockchain, addressing scalability issues.
- Staking System: Token holders can earn passive income through staking with an APY of 230%.
Disclaimer: The information provided in this article is for informational purposes only. It should not be considered investment advice.