Whales Gobble $LAUNCHCOIN at $0.16—Is This the Run to $1?
Crypto whales just made their move—scooping up $LAUNCHCOIN at $0.16 in a classic ’buy the rumor’ play. Now, the question burns: Is this the setup for a moonshot to $1, or another ’number go up’ illusion for retail bagholders?
Market chatter points to heavy accumulation by deep-pocketed traders, sparking fears (or hopes?) of a volatile pump. Meme coin logic suggests a 6x isn’t impossible—but then again, neither is a 60% rug pull.
Pro tip: Watch the order books. If those whale wallets start dumping, even your ’diamond hands’ might feel like wet paper.
Launch Coin Shows Signs of a Weakening Uptrend
Looking at the hourly chart on MEXC, the price of LAUNCHCOIN started to surge rapidly after the 21-day exponential moving average (EMA) crossed above the 200-day EMA last Saturday and has delivered significant gains since then.
The rally pushed LAUNCHCOIN from around $0.00558 to its current level at $0.1956. The latest price action shows that the token is retesting a key support that could either result in a break of structure or a strong bounce to new heights.
If the price moves below the $0.1750 level, it WOULD confirm what could be the end of this latest uptrend and the beginning of a correction.
The key support to watch down the road is the 200-period EMA in the hourly chart. If the price stays above this marker, the short-term outlook for LAUNCHCOIN will continue to be bullish.
If the Believe app continues to gain traction as an alternative token minting tool to Pump.fun, the demand for LAUNCHCOIN will likely rise and could push the price to those heights. However, if the HYPE fades, the token could also experience a significant correction in the next few days.
Meme coins are a promising segment of the crypto space that has delivered big gains to early buyers.
MIND of Pepe (MIND) has emerged as one of the top meme coin presales of the year and you still have time to invest at its discounted price before the ICO ends.
MIND of Pepe (MIND) Leverages the Power of AI and Viral Memes to Launch a Captivating AI Agent
MIND of PEPE (MIND) is an AI agent designed to interact with high-profile accounts and regular users across social media platforms like X to progressively build an influence.
The agent will engage in conversations about meme coins and the state of the crypto market to capture social trends and emerging opportunities that will be passed on to $MIND holders so they can take advantage of these insights.
As its influence grows, MIND of Pepe can also launch its own meme coins to capture new trends. $MIND holders will get early access to these token offerings to reap the highest returns once they are offered to the general public.
To buy $MIND at its discounted presale price, head to the MIND of Pepe website and connect your wallet (e.g. Best Wallet). You can either swap USDT or ETH for this token or use a bank card to make your investment.
