Solana-based memecoin $TEA is making waves with its latest roadmap update and imminent Centralized Exchange (CEX) listing.

The announcement has caught the attention of its vibrant community, which boasts over 3 million members.

Currently, $TEA is consolidating within a descending parallel channel. However, technical analysis suggests that if $TEA breaks through its upper boundary at $0.00005814, the token could potentially surge by 30%, targeting a price of $0.00007526. This technical breakout could ignite a fresh wave of buying interest.

$TEA is consolidating within a descending parallel channel, but once it breaks the upper boundary at $0.00005814, #TEA could surge 30% toward $0.00007526!

Interestingly, $TEA's first CEX listing has been approved!

Highlights:

New products: TEA-Staking, LP Farming, TEA-Swap… pic.twitter.com/j1FBdQIO2H

— Ali (@ali_charts) July 26, 2024

$TEA Ecosystem Expansion And Market Capitalisation Stability 

In addition to the price action, $TEA has recently expanded its ecosystem with the launch of staking, liquidity pool (LP) farming, and swap functionalities. These new features are expected to positively impact the token’s value by increasing its utility and attractiveness to investors.

The current market capitalization of $TEA exceeds $100 million, reflecting its strong position in the memecoin space. The upcoming CEX listing is anticipated to further boost its visibility and liquidity, potentially driving additional interest and investment.

$TEA

Staking, LP Farming and Swap has been released. This should affect posively the price.

Current Marketcap is +$100M

Tier-1 CEX listing is also approved. pic.twitter.com/gS3oZc6fkO

— CryptoSoulz (@SoulzBTC) July 27, 2024

As $TEA approaches this significant milestone, traders and investors are closely watching for any price movements that could signal new opportunities. The combination of a technical breakout, new features, and a major exchange listing could position $TEA for substantial gains in the near future.

Overall, $TEA’s roadmap and CEX listing mark exciting developments for the memecoin, setting the stage for potentially impressive performance as it navigates the crypto landscape.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Image Source: solarseven/123RF // Image Effects by Colorcinch

The post Solana Memecoin $TEA Sets New Roadmap And Gears Up For CEX Listing appeared first on The Merkle News.