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