REKT Tops Charts With 24% Rise
The post REKT Tops Charts With 24% Rise appeared on BitcoinEthereumNews.com.
Meme coins have had a slow day despite the broader market showing bullishness. However, small-cap token Rekt managed to post gains, leading the joke tokens. BeInCrypto has analyzed two other meme coins for investors to watch, assessing their potential direction and what trends may follow. Melania Meme (MELANIA) Launch Date – January 2025 Total Circulating Supply – 396.29 Million MELANIA Maximum Supply – 1 Billion MELANIA Fully Diluted Valuation (FDV) – $370.84 Million Contract Address – FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P MELANIA’s price surged 7.4% in the last 24 hours, driven by anticipation surrounding the upcoming TRUMP dinner. As a meme coin tied to US President Donald Trump’s wife, MELANIA, is likely to react to events involving Trump, reflecting investor sentiment and speculation around political developments. The meme coin is forming a bullish RSI divergence, which signals potential upward movement. This suggests MELANIA could break the $0.37 resistance level, continuing its rise and possibly reaching $0.42. The price action indicates growing optimism among investors, who expect further upward momentum based on recent trends. MELANIA Price Analysis. Source: TradingView However, MELANIA faces challenges if the broader market downturn persists. Should the price fail to hold above the $0.34 support, the altcoin could experience a decline, potentially slipping to $0.31. A sustained downturn would invalidate the bullish outlook, prompting profit-taking and further price weakness. Mubarak (MUBARAK) Launch Date – March 2025 Total Circulating Supply – 1 Billion MUBARAK Maximum Supply – 1 Billion MUBARAK Fully Diluted Valuation (FDV) – $58.94 Million Contract Address – 0x5c85d6c6825ab4032337f11ee92a72df936b46f6 MUBARAK price is up by 14% over the last 24 hours, preparing to breach the critical $0.0667 resistance level. The Parabolic SAR indicator positioned below the candlesticks provides a bullish outlook for the meme coin, suggesting that upward momentum could continue as it approaches the key resistance. If MUBARAK manages to breach…
Filed under: News - @ May 21, 2025 6:30 pm