Meme coins bled red as market tremors shook the crypto landscape, but one spun gold. Osaka Protocol (OSAK) defied the downturn, surging an astonishing 19% to become the day’s unlikely meme king.
BeInCrypto has analysed two other meme coins for the investors to watch and where they are heading.
SPX6900 (SPX)
- Launch Date– September 2023
- Total Circulating Supply– 930.99 Million SPX
- Maximum Supply– 1 Billion SPX
- Fully Diluted Valuation (FDV)– $1.08 Billion
- Contract Address– 0xe0f63a424a4439cbe457d80e4f4b51ad25b2c56c
SPX is getting slaughtered. Down a brutal 12% today, this meme coin is flirting with disaster. But here’s the kicker: it’s clinging to life above the $1.14 support. Is this the Alamo or a coiled spring? If that line holds, SPX might just bounce back. But let’s be real, that downward pressure is a monster, and investors are sweating bullets.
Beneath the SPX candlestick chart, the Ichimoku Cloud whispers a tale of rising bullish tides. Could this be the springboard propelling the meme coin toward a sturdy $1.25 foothold? If so, brace for a surge. The forecast hints at a climb to $1.42, a phoenix-from-the-ashes recovery from recent depths.
SPX Price Analysis. Source: TradingView
But beware: if SPX cracks below its $1.14 lifeline, prepare for a plunge towards $0.98. This breach would shatter the bullish dream and unleash a torrent of selling pressure, potentially burying SPX even further.
Peanut The Squirrel (PNUT)
- Launch Date– November 2024
- Total Circulating Supply– 999.85 Million PNUT
- Maximum Supply– 999.85 Million PNUT
- Fully Diluted Valuation (FDV)– $217.1 Million
- Contract Address– 2qEHjDLDLbuBgRYvsxhc5D6uDWAivNFZGan56P1tpump
PNUT wobbled today, mimicking SPX’s dip with a 7% fall. Yet, it clings to life, hovering near the $0.219 support like a vine to a wall. Despite the tumble, PNUT’s grip on this critical level remains surprisingly strong. This turbulent dance suggests a potential spring-back could be in the cards, provided it can weather the storm and maintain its hold on this pivotal support.
PNUT’s bullish fire hasn’t fizzled out yet! The Parabolic SAR is our guiding star, shining below the candlesticks and hinting at a powerful resurgence. Forget the dip – this meme coin is gearing up for a bounce, ready to reclaim $0.260 and beyond!
PNUT Price Analysis. Source: TradingView
“PNUT’s daily chart is walking a tightrope. A continued slide threatens to send it tumbling below its $0.219 lifeline. Should that support snap, brace for a potential plunge to $0.182. This fall wouldn’t just be a dip; it could shatter the bullish dream, leaving PNUT vulnerable and exposed to deeper price corrections.”
Small Cap Corner – Osaka Protocol (OSAK)
- Launch Date– July 2023
- Total Circulating Supply– 761.45 Trillion OSAK
- Maximum Supply– 1 Quadrillion OSAK
- Fully Diluted Valuation (FDV)– $61.84 Million
- Contract Address– 0xa21af1050f7b26e0cff45ee51548254c41ed6b5c
Forget the gloom and doom. OSAK, the meme coin defying gravity, just rocketed 19% in 24 hours! Bucking the bearish trend, it’s today’s top performer, turning heads and shaking up the crypto scene. While others crumble, OSAK’s unwavering spirit rewards its 11,960 holders with a surge of unexpected gains. Is this the meme coin that roars back?
OSAK teeters on a knife’s edge at $0.0000000794, clinging to a fragile lifeline of support at $0.0000000750. But whispers of a comeback are swirling. All eyes are now locked on $0.0000000965 – the key to unlocking a potential resurgence from June’s downturn. Conquer this level, and OSAK could ignite a bull run, drawing in a fresh wave of eager investors.
OSAK Price Analysis. Source: TradingView
But beware: OSAK’s meteoric climb could trigger a profit-taking avalanche. Should investors cash in, watch for a potential slide below the $0.0000000750 safety net. Losing that foothold could send OSAK tumbling towards the $0.0000000600 support level, shattering the current bullish dream. OSAK’s fate hangs in the balance, dictated by the fickle winds of investor sentiment and the overall market climate.
Thanks for reading OSAK Outperforms SPX With 20% Rally | Meme Coins To Watch Today
