News
  • Mustafa Mulla
    author-profile

    Mustafa Mulla right arrow

    Author

    Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

    • author twitter
    • linkedin

  • 1 minute read

Did Binance Hint at MUMU Rally? Cryptic Post Sparks Price Surge

Story Highlights
  • Binance posted a bull emoji, leading to a 29% surge in the price of MUMU, a meme cryptocurrency.

  • This price increase follows speculation that Binance's social media activity can influence token prices.

  • MUMU is a Solana-based meme token with a good reputation (DEXTscore 99) and its price is predicted to keep rising.

Binance, the global crypto giant, recently dropped a tweet that set the crypto world abuzz. The tweet, featuring a bullish emoji, had a ripple effect, particularly among fans of meme coins. Following this mysterious post, the price of MUMU, a new token on the Solana network known for its meme status, skyrocketed by an impressive 29%, hitting $0.000000007805.

A Rollercoaster Ride

MUMU had been cruising along with steady prices for the past three months. But Binance’s tweet changed everything, sending its value soaring and raising eyebrows about Binance’s motives.

This isn’t the first time Binance’s social media moves have influenced crypto prices. Similar patterns emerged earlier this year with tokens like Dogwifhat (WIF), leading savvy investors to keep a close watch on Binance’s online activity for potential market signals.

MUMU in Focus

As the crypto community tried to decode Binance’s tweet, all eyes turned to MUMU. This meme token, based on Solana, gained further credibility with an impressive DEXTscore rating of 99 out of 99 on DEX Tools, indicating its appeal in the market.

Market Snapshot

Currently, MUMU is trading at $0.00000008205, marking a significant 29% surge in the past 24 hours. Trading volume has skyrocketed by 174%, reaching $191,362, with a market cap of $7,795,624.

Looking Ahead

Technical indicators show that sentiment remains bullish, backed by a Fear & Greed Index reading of 74 (Greed). Analysts predict a further 29.87% increase in the price of MUMU, with projections suggesting it could hit $0.00000002033 by the end of March 2024.

As the crypto world braces for what lies ahead, one thing is clear: Binance’s tweet has stirred up excitement, leaving investors hungry for more.

Show More

Related Articles

Back to top button