Meme Coin Market Surge: MEME, BONE, and BAN Price Analysis
Meme Coin Market Rebounds
The meme coin market is experiencing a resurgence, with several tokens recovering from recent lows. This analysis focuses on three notable performers: MEME, BONE, and BAN.
Memecoin (MEME)
- Launch Date: November 2023
- Total Circulating Supply: 43.11 Billion MEME
- Maximum Supply: 69 Billion MEME
- Fully Diluted Valuation (FDV): $135.37 Million
After hitting a new all-time low of $0.00137, MEME rebounded sharply, rising 38% in 24 hours to $0.00196. This rally was fueled by renewed interest in meme coins, reaching an intraday high of 73%. Sustaining this momentum requires breaking the $0.00228 resistance level. Failure to do so could see MEME revert to its ATL.
Bone ShibaSwap (BONE)
- Launch Date: July 2021
- Total Circulating Supply: 249.89 Million BONE
- Maximum Supply: 250 Million BONE
- Fully Diluted Valuation (FDV): $71.67 Million
BONE saw a significant 18.5% increase in the last 24 hours, trading at $0.285. The key resistance level is $0.295; breaking this could propel BONE towards $0.348. Conversely, failure to break $0.295 might lead to a drop back to $0.232.
Banana Token (BAN)
- Launch Date: April 2024
- Total Circulating Supply: 999.96 Million BAN
- Maximum Supply: 1 Billion BAN
- Fully Diluted Valuation (FDV): $40.54 Million
BAN, a small-cap token, experienced a remarkable 25% increase in the last 24 hours, trading at $0.040. This follows its purchase by Justin Sun for $6.2 million. The $0.045 resistance level is crucial for sustained growth; failing to break it could trigger a decline to $0.032.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Market conditions are volatile. Conduct thorough research before making investment decisions.
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