ZEREBRO Founder Scandal Weighs Heavy on Cryptocurrency | Notable Meme Coins to Monitor Today
CHILL WITH ZEREBRO, FARTCOIN, AND LOFI: TODAY'S HOTTEST MEME COINS
Toss a Coin: ZEREBROLaunch Date: November 2024Circulation: 999.95 Million ZEREBROMax Supply: 1 Billion ZEREBRO
Zerebro is taking a nose dive, plummeting over 22% this week due to the whirlwind surrounding its developer, Jeffy Yu. The drama started on May 4 when a token called $LLJEFFY was launched alongside a Mirror article penned by Jeffy himself.
Sad news surfaced days later, with an obituary for Jeffy Yu on Legacy.com. Adding to the intrigue, Jeffy's personal account and Zerebro's official accounts disappeared – until Daniele Sesta publicly claimed Jeffy was still breathing and provided evidence. Jeffy later confirmed he faked his death as a rather drastic escape from online harassment and hate.
To pour fuel on the fire, a walletlinked to Jeffy Yu recently dumped 35.55 million $ZEREBRO, worth around $1.27 million.
Technically, ZEREBRO is teetering on the edge of forming a bearish death cross, with its EMA lines headed for a downward crossover. If this ominous structure takes shape, the token could see support at $0.025 and maybe even $0.0189 if it breaks below that. However, if buyers make a stand and reverse the trend, ZEREBRO may retest the $0.041 resistance and potentially reach $0.054 and $0.066. Keep an eye on this one, as it's one of the juicier meme coins to watch today.
Get Ready to Smell ROSES with FARTCOINLaunch Date: October 2024Circulation: 999.99 Million FARTCOINMax Supply: 1 Billion FARTCOIN
FARTCOIN, a meme coin that's been making waves (and smells) for the last few months, is finally showing signs of a pullback. It's down 11% over the last week and 8% in the last day alone. After hitting a $1.1 billion market cap, FARTCOIN has been going back and forth around the critical $1 billion mark.
If the correction intensifies, FARTCOIN may drop to test support at $0.944, and a fall through that could lead to further drops to $0.797 or even $0.717. On the flip side, strong buying interest could send the token back up to $1.06. If that resistance is broken, FARTCOIN may aim for $1.20 and potentially $1.28, reigniting the bullish narrative.
Chill Vibes with LOFILaunch Date: December 2024Circulation: 1 Billion LOFIMax Supply: 1 Billion LOFI
LOFI is currently the third-largest meme coin in the SUI ecosystem, boasting a market cap of $33 million and a 13% gain in the last 24 hours. It's also seen a remarkable increase of 321% over the past 30 days.
If the uptrend continues, LOFI could push toward resistance at $0.042, with a successful breakout potentially sending it further up to $0.0546. However, if the rally loses steam, the first key support lies at $0.025. A fall below that could trigger a deeper correction toward $0.0228.
Pick Your Flavor: Memes in the SUI Ecoystem
If you're looking for a wild ride, ZEREBRO is the meme coin to watch. With its volatile swings and recent controversies, it offers a highly speculative opportunity. However, its future success depends on recovering from the storm and maintaining community support.
FARTCOIN has been a standout performer for months, often moving in the opposite direction to other meme coins in the SUI ecosystem. Its continued market success depends on sustained interest and a healthy meme coin sector.
LOFI is currently climbing the ranks within the SUI ecosystem, up 321% over the past 30 days. If the uptrend continues, this meme coin could reach improved positions in the market. However, a fall below $0.025 could lead to a deeper correction.
The volatility and speculative nature of meme coins make them high-risk investments. Always do your due diligence and consult a financial advisor before investing in any cryptocurrency.
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- The drama surrounding Jeffy Yu, the developer of Zerebro, has led to a 22% decrease in its value this week, with the obituary of Jeffy Yu appearing on Legacy.com.
- A wallet linked to Jeffy Yu has recently dumped 35.55 million $ZEREBRO tokens, worth approximately $1.27 million.
- Zerebro is approaching a bearish death cross, with indications of a potential downward crossover of its EMA lines, signaling a possible further drop in value to $0.025 or even $0.0189.
- Nevertheless, if buyers manage to reverse the trend, Zerebro could retest the $0.041 resistance and potentially reach $0.054 and $0.066.
- FARTCOIN, another meme coin, is currently experiencing a pullback, with an 11% decrease over the last week and 8% drop in the last day, though it still maintains a $1 billion market cap.
- A fall below the $0.944 support for FARTCOIN could lead to further drops to $0.797 or even $0.717, while strong buying interest may send the token back up to $1.06 and potentially $1.20.
- LOFI, the third-largest meme coin in the SUI ecosystem, has seen a 321% increase over the past 30 days and is currently up 13% in the last 24 hours, boasting a market cap of $33 million.
- The success of LOFI and other meme coins depends on their ability to sustain community support and maintain an uptrend, as their speculative nature and volatility make them high-risk investments. It is recommended to consult a financial advisor before investing in any cryptocurrency.
