Crypto News

$MEME Memecoin Sees Solid Growth, Market Maker Recharges On Price Rise

In the past week, the memecoin $MEME has been on the upswing, experiencing a 14% gain over the course of seven days. Today, the momentum continues with a further 6% increase in price.

Amidst this positive trend, the market maker address associated with $MEME, identified as 0xF0C…BC871, has taken action to capitalize on the rising price.

This address recently recharged 22 million $MEME tokens to Binance, amounting to approximately $920,000 US dollars.

Despite the transfer, the market maker address still holds a significant amount of $MEME tokens, totaling 273 million tokens, which are currently valued at $11.56 million.

This suggests a continued bullish outlook for $MEME, as evidenced by the market maker’s decision to maintain a sizable position in the token.

$MEME Price Action To Monitor 

As of the latest data, $MEME has risen by an additional 6% in the past 24 hours, reaching a price of $0.04055. This upward movement signals continued investor interest and confidence in the token’s potential for growth.

Overall, the recent performance of $MEME underscores the resilience and popularity of memecoins within the cryptocurrency market.

With ongoing fluctuations in price and renewed attention from traders and investors, $MEME remains a dynamic asset to watch in the evolving landscape of memecoins and decentralized finance.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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