Let’s talk about a few strong meme coins that appeared on-chain a while ago
1.$PONS
The leading DEX on the Robinhood chain. It uses revenue burns to drive demand. After being listed on Binance Futures, it also went through a deep shakeout, creating a second opportunity. I expect it to drop into the 2 range before building a position. Yesterday, it fell to around 27 at its lowest, and it has rebounded today. Going forward, you can look for opportunities to gradually build a position on pullbacks. If it drops further, my lowest target is around 20/21. Either way, it’s now in a zone where you can start building a position.
2.$牛来
It has a great name. If the broader market continues to rebound, it could be a good one to trade. It’s also been listed on Binance Spot. The daily chart has formed a double bottom, so you can look for an opportunity to get in early. I’ve also seen people overseas recommending it lately.
3.$MARSCOIN
Mars coin. It taps into the Elon Musk Mars narrative and has also been listed on Binance Spot. It has some correlation with Niu Lai, so you can also look for an opportunity to build a position.
Overall, these three seem to have some degree of correlation.
1.$PONS
The leading DEX on the Robinhood chain. It uses revenue burns to drive demand. After being listed on Binance Futures, it also went through a deep shakeout, creating a second opportunity. I expect it to drop into the 2 range before building a position. Yesterday, it fell to around 27 at its lowest, and it has rebounded today. Going forward, you can look for opportunities to gradually build a position on pullbacks. If it drops further, my lowest target is around 20/21. Either way, it’s now in a zone where you can start building a position.
2.$牛来
It has a great name. If the broader market continues to rebound, it could be a good one to trade. It’s also been listed on Binance Spot. The daily chart has formed a double bottom, so you can look for an opportunity to get in early. I’ve also seen people overseas recommending it lately.
3.$MARSCOIN
Mars coin. It taps into the Elon Musk Mars narrative and has also been listed on Binance Spot. It has some correlation with Niu Lai, so you can also look for an opportunity to build a position.
Overall, these three seem to have some degree of correlation.