Meme Coins On Fire 🔥

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Comrades, the crypto market may have stumbled, but the jesters of the financial world – meme coins – continue their triumphant march. Led by the fearless Osaka Protocol (OSAK), these tokens have risen by 4.5% today, their total value exceeding $75.51 billion. It’s a peculiar world we live in, indeed.

As we delve into the realm of these joke tokens, BeInCrypto has analyzed two other meme coins, OSAK and others, for investors to keep an eye on. Will they bring fortune or folly? Only time will tell.

SPX6900 (SPX)

  • Launch Date – March 2024
  • Total Circulating Supply – 930.99 Million SPX
  • Maximum Supply – 1 Billion SPX
  • Fully Diluted Valuation (FDV) – $1.71 Billion
  • Contract Address – 0xe0f63a424a4439cbe457d80e4f4b51ad25b2c56c

SPX price has surged by 21.75% over the last 24 hours, reaching a new all-time high (ATH) of $1.84. As of now, SPX is trading at $1.83, showing signs of further upward movement. It seems the investors are optimistic, but for how long? 🤔

The Ichimoku Cloud, that mystical indicator, signals that bullish momentum is currently prevailing for SPX. Will it continue its ascent, breaching the $2.00 level? Perhaps, but the winds of fortune are known to shift quickly.

However, if SPX experiences significant selling pressure from investors, the altcoin could face a correction. A drop below $1.55 would indicate a shift in momentum, and some of those gains might vanish into thin air. The market is a cruel mistress, after all.

Osaka Protocol (OSAK)

  • Launch Date – July 2023
  • Total Circulating Supply – 761.45 Trillion OSAK
  • Maximum Supply – 1 Quadrillion OSAK
  • Fully Diluted Valuation (FDV) – $144.01 Million
  • Contract Address – 0xa21af1050f7b26e0cff45ee51548254c41ed6b5c

OSAK price surged 50.7%, reaching $0.0000001976, a 6-month high. It’s currently facing resistance at $0.0000002101, but the momentum signals a continued uptrend with sustained investor support. Will it last? Your guess is as good as mine. 🤷‍♂️

The 50-day EMA is showing an upward trajectory and could soon cross above the 200-day EMA, forming a Golden Cross. This technical indicator suggests strong bullish potential for OSAK, pushing it toward $0.0000002340. But, as we all know, the market is full of surprises.

However, should investor sentiment shift, OSAK could experience a decline. A significant sell-off could lead to a drop below $0.0000001646, with the potential to fall further to $0.0000001349. The market is a rollercoaster, and we’re all just along for the ride.

Small Cap Corner – Milady Cult Coin (CULT)

  • Launch Date – December 2024
  • Total Circulating Supply – 43.44 Billion CULT
  • Maximum Supply – 100 Billion CULT
  • Fully Diluted Valuation (FDV) – $103.87 Million
  • Contract Address – 0x0000000000c5dc95539589fbd24be07c6c14eca4

CULT, one of the top-performing meme coins today, rose by 47.6%, reaching $0.0010. This marks a 2-month high, and the token is close to breaking the $0.0011 resistance level. The price surge reflects strong market interest, but will it last? 🤔

The Parabolic SAR indicator, situated below the candlesticks, suggests that the uptrend for CULT is likely to continue. If CULT breaches the $0.0011 resistance, it could quickly rise to $0.0012, marking a 4-month high. But, as we’ve seen before, the market can be a cruel jokester.

However, caution is advised as one address holds over 57% of CULT’s circulating supply. This centralization raises concerns about the token’s vulnerability to large price swings, especially if the holder decides to cash out. A sudden sell-off could lead to a significant price drop, undermining the current bullish outlook. Ah, the joys of investing in meme coins! 🎢

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2025-07-16 15:12