2026-01-17 10:25:47

A popular Meme coin has attracted attention after its launch, and its price performance is worth reviewing.

From the start to now, this coin has risen from 0.1125 to a high of 0.2890. Although there was some correction afterward, it is still firmly above the 7-day moving average of 0.2046, indicating that the short-term trend remains upward—this is a good sign.

Trading volume is also impressive. The 24-hour trading volume reached 210 million coins, with a trading value of 47,220,100 USDT. Capital continues to flow in, and buying pressure is strong, not a situation of rising without volume. This shows that the market is genuinely participating.

The most interesting part is the rhythm of the correction. After the price surged to 0.2890, it did not plunge but instead consolidated gently with small dips and rises. Currently, the price is at 0.2304, more than 100% higher than at launch, with an additional +8.12% increase within 24 hours. Overall market sentiment remains very positive. Coupled with the continuous upward turn of the 7-day moving average, which acts as short-term support, the bullish momentum has not been broken.

From a sector perspective, Meme coins inherently carry heat and community consensus. Such coins often sustain trends driven by sentiment. The technical support is clear, the hype is still there, and the short-term rhythm is worth paying attention to.

MEME7,38%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

24 Likes

Reward
24
10
Repost
Share

Comment

0/400

BrokeBeans

· 01-20 10:23

Comments on Bankruptcy DouDou: It's that kind of gentle pullback pattern again, this rhythm really feels a bit familiar. Even after doubling, it keeps pushing upward. I'm just worried about too many bagholders at high levels. A sudden plunge in Bitcoin and everything's ruined; meme coins fear this the most. The community's enthusiasm is indeed real, but no one can say how long it will last. Moving averages support sounds great, but unfortunately I always stand guard at high levels. This kind of volume, whether real or fake, is hard to tell—are there really solid funds or just a lot of follow-the-leader traders?

View OriginalReply0

LucidSleepwalker

· 01-20 09:05

It's still going up even after doubling, this rhythm is pretty interesting. --- Damn, it's the same old story. Wait for the pullback and then cry when the dip hits. --- The trading volume is so strong, it shows that there are really people playing, unlike some coins that just dance with themselves. --- After a 100% increase, it can still hold the moving average. I'll watch it before it breaks down. --- Meme coins are just betting on popularity. Once the hype fades, they're as fragile as paper. Short-term fun, but don't be greedy.

View OriginalReply0

ForkTrooper

· 01-20 04:22

Double the returns, what a clever move. This wave's rhythm has indeed held steady. That's how meme coins are—when the hype comes, everyone follows suit. But this time, the trading volume is genuinely solid. The moving average support still seems to be holding up; short-term, it can continue to stay low. If Bitcoin doesn't drop, there’s still hope for these kinds of coins.

View OriginalReply0

ProofOfNothing

· 01-17 10:55

Whoa, double explosion, this rhythm is amazing --- It's another emotional market, betting on how long the community consensus can last --- As long as the moving averages stabilize, don't get too excited too early --- I only believe the trading volume surpasses ten million; right now, these numbers are too inflated --- Meme coins are inherently gambling; it's fun but you need to know when to run --- A gentle correction? Wake up, this is called a trap to lure more in --- Hearing about over a hundred times increase sounds good, but it's really just a story of bagholders --- Sector popularity is just that—popularity. I just want to know who is buying at the top --- Sure enough, they're back to talking about technical analysis; Meme coins rely on luck and the hype of the operational team

View OriginalReply0

quietly_staking

· 01-17 10:55

It's still going up after doubling, really a bit greedy not to sell now. That's how meme coins are—when the hype kicks in, everyone wants to take a gamble. The moving average support looks good, but don't forget how risky meme coins can be. With such a strong trading volume, be careful not to become the bagholder. The technicals look good, but if the sentiment disperses, everything is over. These coins rise quickly and fall just as fast; I think I'll stay on the sidelines. Once the 7-day moving average breaks, it's time to consider pulling out—don't wait for the last one. Sounds good, but I trust my stop-loss line more. Making quick money with meme coins is possible, but always be ready to run. It feels like it's at a high level; if you want to buy the dip, wait a bit longer.

View OriginalReply0

ForkItAll

· 01-17 10:45

Bro, this move is really something. Anyone who didn't hold onto the 100% gains must be regretting it now. --- Such a large volume accumulation is really uncommon. It's pretty aggressive for small-cap coins to pour so much money in. --- I just want to know if this thing can hit a new high. Currently, it's a bit risky at this level. --- Meme coins are just emotional games. Once the hype dies down, it's over. Let's see how the community hype it up next. --- Standing firm above the moving average is pretty good, but don't be fooled by that small rebound. The moment you cut losses, it can happen very quickly. --- I wouldn't dare to touch this kind of coin, but it's really hard not to feel envious watching others make money haha. --- Trading volume nearly 50 million USDT? Feels a bit hard to understand. Do the funds really trust it that much? --- A gentle correction sounds comfortable, but how long can the mildness of Meme coins last? --- The 7-day moving average support—I've heard this argument too many times. The key is still whether someone will take the bait. --- It's basically a gamble on emotions, betting on when the next bag-holder will appear.

View OriginalReply0

SellTheBounce

· 01-17 10:42

Take profits on the rebound, and this time is no exception. Those who bought in during the 100% surge have already taken enough. --- No matter how beautiful the technicals look, they can't change the fate of meme coins. In the end, it's just a game of hot potato. I just don't want to be the last to hold the bag. --- High trading volume? Then you need to be even more cautious. A surge on high volume is often a prelude to the main force pulling out. --- I've seen the 7-day moving average turn upward too many times. Every time they say it's going to take off, but what happens? --- 0.2890 is unavoidable; there’s always a lower point. Those chasing in now are just helping others to buy the dip later. --- Market sentiment is positive? That's exactly when it's the most dangerous, my friend. --- A rise of over 100% is already a warning sign. Don't be blinded by the hype.

View OriginalReply0

FlashLoanLarry

· 01-17 10:39

ngl the liquidity depth here is actually sus... 47M daily volume on a meme coin screams eventual rug vector if you ask me. that 100%+ move reeks of retail fomo before institutional backrunning kicks in. thesis validation? more like thesis liquidation incoming lol

Reply0

ForkInTheRoad

· 01-17 10:33

It doubled and is still rising, this pace is a bit fierce Really? Such a large trading volume? Feels like something's going to happen Meme coins are just hype trading, whoever ends up holding the bag is doomed I'm bearish, don't follow the trend, brother As long as the 7-day moving average holds, it's okay; if it breaks, it's over This wave of correction is oddly gentle, not right A rise of over a hundred points, can it continue? I'm a bit skeptical Wow, such terrifying volume, is the main force dumping to prepare? Emotional coins are like this, once the hype passes, they go to zero, history always repeats The trading volume is nearly fifty million, the funds are really aggressive As long as the short-term support isn't broken, there's still hope, but don't go all in

View OriginalReply0

BlockchainBard

· 01-17 10:29

Damn, this wave really wasn't wasted, doubled and still stable, got some skills With such strong volume, it feels like the main force is still eating up the chips As long as the moving average support isn't broken, keep playing, just afraid of a sudden big drop to cut leeks Meme coins rely on consensus to survive, as long as the community enthusiasm is enough, everything else is nonsense This kind of correction rhythm seems to be washing out retail investors, it's hard to say how it will go next A 100% increase is enough to be exciting, take profits early if you need to, don't be greedy Emotional coins are like this, they might be hot today and cool off tomorrow, be careful

View OriginalReply0