MAD Token Surges Over 36% Amidst Bullish Momentum
The price of MAD has skyrocketed over 36% within the past 24 hours, reaching $0.00002208 at 7:08 a.m. EST due to increased investor interest.
MAD's Technical Analysis
MAD/USD 4-Hour Chart (Source: GeckoTerminal)
MAD is attempting to flip the resistance level of $0.00002125 into support. A potential 4-hour candle close above this barrier in the next 12 hours could provide the foundation for MAD to climb up to $0.00002900 in the short term.
Conversely, a failure to break above $0.00002125 within 12 hours would weaken the bullish outlook. In such a scenario, traders may consider selling their MAD holdings, potentially pushing the price down to the support level of $0.00001314.
Technical Indicators Suggesting Bullishness
Indicators show that MAD is in a bullish trend with positive momentum. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are both displaying bullish signs.
The MACD line has recently crossed above the MACD Signal line, indicating positive momentum with no signs of slowing down. The RSI reading above 50 and its upward slope further suggests an increase in buyer strength.
Pepe Unchained Presale Gains Momentum
While MAD attempts to break resistance, layer-2 meme coin Pepe Unchained (PEPU) is nearing $9 million in its highly successful presale.
Pepe Unchained's Enhancements
Pepe Unchained aims to improve the popular frog-themed meme coin PEPE by launching its own layer-2 blockchain. This will eliminate the congestion and high transaction fees on the Ethereum network, allowing for transaction speeds up to 100 times faster.
PEPU Presale Details and Rewards
Investors are enthusiastically participating in Pepe Unchained's ongoing presale, which has raised over $8.5 million to date. A major incentive is the 230% APY offered to presale purchasers.
To qualify for the rewards, investors need to buy and stake PEPU during the ICO phase. PEPU can be purchased via the website using ETH, USDT, BNB, or a bank card. Following the purchase, tokens must be locked up in the website's staking page.
The current PEPU price is $0.0090539, but it is expected to increase in subsequent ICO stages. The next price adjustment is anticipated within the next 48 hours.
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