šØ Longed $ME ā Hereās Why šØ
I see opportunity, and I put my money where my mouth is. Here are 5 key reasons for my bullish stance on $ME:
1ļøā£ Claim Process Slowing
The current claim progress stands at 105.6M $ME. A slower pace suggests stabilization and fewer sell-offs.
2ļøā£ Market Makers in Play
Market makers are the backbone of liquidity. Their presence here ensures tighter spreads and healthier price action.
3ļøā£ Tokenomics and Supply
With 11.2M $ME staked (10% of supply), holders are showing confidence by locking their tokens. Less supply = upward pressure.
4ļøā£ Ecosystem Dominance
MagicEden is a powerhouse in NFTs and Ordinals. Continuous innovation keeps the platform at the top, fueling growth.
5ļøā£ Sentiment Reset
Remember BTC at 17K? Extreme bearish sentiment marked the bottom. Right now, weāre seeing similar fear ā and thatās where opportunity lies.
šÆ Targets:
ā¢ First stop: $4.50 (key resistance).
ā¢ Breakout above? Reassessing for $5.50ā$6.00 based on momentum and ecosystem updates.
Letās debate. Do we hit new lows, or is this the start of the move up?
Drop your thoughts below ā¬ļø
#ME #Crypto