MOODENG - $1B marketcap?

10月2日

Please note: This is very speculative as moodeng is a brand new memecoin and is very high risk.

Here I have added my dextools chart. None of the tradingview charts for MOODENG are good therefore I choose dextools to chart this particular asset. Simply scroll over the image I have attached to see the chart without the candles overlapping it.

What we can see is a pattern forming on the lower timeframes. Since our run from under $0.01 to over $0.30 we have seen a pullback. This has created a series of lower highs (red circles). Recently, we have seen a breakout of this series of lower highs and also a retest of the old resistance flipped into new support. Price has also been defended by our demand zone between $0.16-$0.18.

My theory is Binance will list MOODENG and will cause the pump to around 11B marketcap. This would send MOODENG from $0.23 to around $1. Of course this is very speculative but finding a "reason" for this memecoin to pump in a big way would be because of a Binance listing. Keep your eyes peeled for that scenario.