Mumu The Bull (MUMU) Price Blasts 61% Higher, May the Meme Coin Season Be Upon Us?

The Mumu The Bull price surged 61% in the last 24 hours to trade at $0.0001148 as of 6:50 a.m. EST on an 88% pump in trading volume to $36 million.

The Mumu The Bull price surged 61% in the last 24 hours to trade at $0.0001148 as of 6:50 a.m. EST on an 88% pump in trading volume to $36 million.

The MUMU price pump made the meme coin the top gainer among major cryptos by market capitalization, according to CoinGecko.

Mumu The Bull Price Blasts Out Of Consolidation Range

The MUMU price has blasted out of a consolidation range and has found solid support at $0.00001311. This support level has encouraged the bulls, driving the price up in a parabolic curve to the $0.0001198 resistance level.

MUMUUSDT Analysis (Source: Tradingview)

Even though there was a recent dip in bearish activity, bullish traders have pushed the price back up and are now driving Mumu the Bull’s price towards the $0.0001198 mark, showing strong bullish momentum. 

The price is above the 50 simple moving averages (SMA), supporting the upward trend and reflecting a positive market sentiment for MUMU.

The MACD line is also positioned above the neutral line, with a green histogram indicating increased investor interest. This setup points to a strong bullish trend, with the MACD indicators showing positive momentum. Moreover, the blue average line also crosses the orange signal line above.

The Relative Strength Index (RSI) has also bounced back from the midpoint of 50 to 79 in the overbought level of 70, indicating strong buying pressure for the MUMU price.

Mumu The Bull Price May Reach New High

Mumu the Bull may keep rising and go above the current price of $0.00003241. This ongoing increase suggests it could reach a new high in the coming weeks, showing strong positive momentum.

However, sellers might increase pressure if the price falls due to the overbought RSI. If that happens, the $0.00002205 level will be important to watch to see if the price stabilizes or drops further.

Shiba Shootout (SHIBASHOOT) Presale Zooms Past $800k

Meanwhile, as more buyers flock to Mumu The Bull token, interest is also growing in a new SHIB derivative called Shiba Shootout (SHIBASHOOT), which just charged past 800k in funds raised in its presale.

New P2E Meme Token Poised for 100x Growth – Best Shiba Inu Alternative? #Memecoin #Altcoins #Crypto

Shiba Shootout, a new Play-to-Earn game, is primed for rapid growth as its… https://t.co/arDqg0sxhj pic.twitter.com/Z23pdsbK8C

— M.O.M. (@MintressOfMemes) July 29, 2024

Shiba Shootout is a project that transports token holders to crypto’s wild west frontier for the ultimate shootout showdown at a place called Shiba Gulch in the project’s P2E game.

With a basic version of the mobile game already available on Google Play and the Apple App Store, Shiba Sharpshooter is about to undergo a huge Web3 update that allows users to earn its utility-packed native token, $SHIBASHOOT.

The token will be launched on Ethereum and BNB Smart Chain and will support ERC-20 and BEP-20 standards.

Is This the Next Meme Coin to Explode? Shiba Shootout Surges Past $500K in Presale – Branded Spotlight Bitcoin News #Presale #ICO #Memecoin

Shiba Shootout… https://t.co/3YDHTQMg6o pic.twitter.com/dvTsCp6CaB

— M.O.M. (@MintressOfMemes) July 24, 2024

With 20% of the total token supply (440 million $SHIBASHOOT) reserved for staking rewards, investors can earn a stratospheric 1,201% annual return. 

Influential YouTuber Jacob Crypto Bury, with over 41k subscribers, speculates that this project could see a 10X surge after its launch,

You can buy the SHIBASHOOT token on the official website for $0.0197. With a price hike coming in less than 5 days, don’t wait too long to secure the lowest possible price.

Buy SHIBASHOOT here using ETH, USDT, BNB, or a bank card.