$MPLX doubled in 15 minutes. What Meow Bro spotted wasn’t a story—it was Korean money 🐱
📊 Market watch (CoinGecko):
• Current price around $0.107, up 118.8% in 24h; intraday low 0.0485 / high 0.1213
• Market cap around $50.75 million, ranked #430
• 24h trading volume: $15.88 million, volume/market cap around 31%—the previous day’s spot volume was only about $1.17 million (Messari)
🔍 The catalyst is simple: Upbit announced that MPLX will be listed on its KRW market, with trading opening at 18:30 tonight. Buy orders will be restricted for the first 5 minutes, and for about 2 hours, only limit orders can be placed. Odaily reported that OKX market data showed a gain of over 110% in 15 minutes.
👉 Meow Bro’s take:
1️⃣ The news has already been front-run—the price had been hovering around 0.05 before Upbit’s announcement. Listing surges are often “buy the rumor, sell the news,” and the first hour after trading opens is when the price is most likely to get whipped around.
2️⃣ The price has moved far above its 7-day moving average. It’s still 88% below its ATH of 0.897, but don’t use the all-time high as your target.
3️⃣ Key levels: 0.0485 was the starting point before the surge; around 0.107 is the current battleground between bulls and bears. If it can’t hold, a retracement to fill the gap is likely.
⚠️ The broader market is still ranging around BTC at 81,000, and the Fear & Greed Index is at 55. Liquidity in altcoins is limited, and when a small-cap coin pulls back, it can quickly turn into a one-way move.
Do you think MPLX will “top out as soon as it lists” tonight, or make a second push higher? Cast your vote in the comments 👇
#Upbit #山寨币 #链上数据 $MPLX $SOL
Personal opinion only; not investment advice
📊 Market watch (CoinGecko):
• Current price around $0.107, up 118.8% in 24h; intraday low 0.0485 / high 0.1213
• Market cap around $50.75 million, ranked #430
• 24h trading volume: $15.88 million, volume/market cap around 31%—the previous day’s spot volume was only about $1.17 million (Messari)
🔍 The catalyst is simple: Upbit announced that MPLX will be listed on its KRW market, with trading opening at 18:30 tonight. Buy orders will be restricted for the first 5 minutes, and for about 2 hours, only limit orders can be placed. Odaily reported that OKX market data showed a gain of over 110% in 15 minutes.
👉 Meow Bro’s take:
1️⃣ The news has already been front-run—the price had been hovering around 0.05 before Upbit’s announcement. Listing surges are often “buy the rumor, sell the news,” and the first hour after trading opens is when the price is most likely to get whipped around.
2️⃣ The price has moved far above its 7-day moving average. It’s still 88% below its ATH of 0.897, but don’t use the all-time high as your target.
3️⃣ Key levels: 0.0485 was the starting point before the surge; around 0.107 is the current battleground between bulls and bears. If it can’t hold, a retracement to fill the gap is likely.
⚠️ The broader market is still ranging around BTC at 81,000, and the Fear & Greed Index is at 55. Liquidity in altcoins is limited, and when a small-cap coin pulls back, it can quickly turn into a one-way move.
Do you think MPLX will “top out as soon as it lists” tonight, or make a second push higher? Cast your vote in the comments 👇
#Upbit #山寨币 #链上数据 $MPLX $SOL
Personal opinion only; not investment advice