HARIBO Token Skyrockets 11,000%, Leading a Meme Coin Resurgence as a

Sam Cooling

Last updated:

April 23, 2024 at 15:29 GMT+3

| 2 min read

Solana meme coin markets show no sign of slowing down post-halving amid a wave of 4/20-inspired confectionary meme coins that have exploded over the weekend and HARIBO price is leading the pack.

This article explores how Haribo’s price hammered 11,000% gains and uncovers the next big meme coin set to skyrocket in the macro Summer.

Yet, despite the impressive gains, Solana meme coin analysts on Crypto X have been raising the alarm, warning of a potential soft-rug pull by the developer.

HARIBO Price Analysis: Will Hot #3 Solana Meme Coin Soft Rug Prophecy Come True?.

As price action re-tests upside resistance, HARIBO is currently trading at a market price of $0.05098 (representing a 24-hour change of +35.95%).

This comes after HARIBO launched at 13:00 UTC on April 21, in a move that gained instant traction amid a breakout trend for candy-themed cryptocurrencies.

Frenzied volume saw HARIBO price shoot up +11,000% in just 3 hours of trading, with price rallying to hit an all-time high at $0.1244 around 15:00.

The hours since saw early backers take profit, fuelling a -90% retracement move – further exacerbated by added sell-pressure from the malevolent developer.

Yet, after an impressive display of consolidation above the bottom support level at $0.0068, recent hours have seen upside momentum resume – with HARIBO price so far climbing +515% to retest resistance at $0.07.

A successful break-high here could leave HARIBO with a bullish panhandled technical pattern, suggesting a bullish structure for the day ahead.

Furthermore, with an alluring market cap of just $449k, late-stage investors could still earn as much as 10x returns.

Retail investors are defying slow rug risk to participate, with buy-pressure representing 51% of transactions over the past hour.

Yet, with red flags in developer behavior, smart money traders are shifting their attention to a better play – the DOGEVERSE presale.

Discover DOGEVERSE as Presale Slams Impressive $9m Raised Ahead of Explosive Multi-chain Launch.

While HARIBO price risks a slow-rug, DOGEVERSE is continuing to snowball with viral traction, as the fastest growing meme coin presale surges past $9m raised.

But what’s got retail investors so excited about this new cryptocurrency presale?

The answer is...

https://cryptonews.com/news/haribo-token-skyrockets-11000-leading-a-meme-coin-resurgence-as-a-rival-coin-nabs-9-million.htm

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