Ah, meme coins! The delightful little jesters of the cryptocurrency world, having a day as rough as a cat in a bathtub. While the global stage is set ablaze with the drama of Israel and Iran, our dear Useless coin has decided to throw a party, because why not? 🎉
BeInCrypto has donned its detective hat to analyze USELESS and two other meme coins that investors might want to keep an eye on, even as the market takes a nosedive. Spoiler alert: it’s not pretty.
Pudgy Penguins (PENGU)
- Launch Date – December 2024
- Total Circulating Supply – 62.86 Billion PENGU
- Maximum Supply – 88.88 Billion PENGU
- Fully Diluted Valuation (FDV) – $698.39 Million
- Contract Address – 2zMMhcVQEXDtdE6vsFS7S7D5oUodfJHE8vd1gnBouauv
PENGU is currently experiencing a 10.8% decline, which is like watching your favorite sitcom get canceled. Yet, it clings to the support level of $0.0088 like a toddler to their blankie. This level has been a steadfast guardian against further declines since the month began, making it a must-watch for traders. 📉
The Ichimoku Cloud is waving its magic wand, hinting at a potential bounce from the $0.0088 support level. If PENGU can flip $0.0100 into support, we might just witness a recovery that would make even the most optimistic of traders shed a tear of joy.
But beware! A significant selling spree could send PENGU tumbling below $0.0088, leading to a drop towards $0.0071. If that happens, it’s game over for the bullish outlook, and we’ll all need a stiff drink. 🍹
Fartcoin (FARTCOIN)
- Launch Date – October 2024
- Total Circulating Supply – 999.99 Million FARTCOIN
- Maximum Supply – 1 Billion FARTCOIN
- Fully Diluted Valuation (FDV) – $1.13 Billion
- Contract Address – 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump
FARTCOIN has taken a 9.2% dive in the last 24 hours, now trading at $1.07. It’s inching closer to the critical $1.00 support level, which is like watching a soap opera where you know the character is about to make a terrible decision. 😬
Despite losing the 50-day EMA support, FARTCOIN is still clinging to the 100-day and 200-day EMAs like a lifebuoy in a stormy sea. If it can regain momentum, we might see it rise back to $1.20, flipping that level into new support. Fingers crossed! 🤞
However, if the bearish sentiment strengthens, FARTCOIN could face further declines. A break below $1.00 would likely send it down to $0.91, invalidating any bullish dreams. This would signal a prolonged bearish trend, and we all know what that means: more tears. 😢
Small Cap Corner – Useless (USELESS)
- Launch Date – March 2025
- Total Circulating Supply – 999.94 Million USELESS
- Maximum Supply – 1 Billion USELESS
- Fully Diluted Valuation (FDV) – $88.03 Million
- Contract Address – Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk
Despite its ironically named moniker, Useless (USELESS) has proven to be surprisingly useful for its holders. Defying the bearish market conditions, USELESS surged by 26.6% in 24 hours, now trading at $0.0939. It’s like the underdog story we all root for! 🐶
USELESS recently hit its all-time high (ATH) of $0.0980 for the second time since its launch. If the market conditions remain favorable, it could break the $0.1000 barrier. Who knew being useless could be so profitable? 💰
But hold your horses! If investors decide to cash in their chips and sell off their holdings, USELESS could face a sharp decline. A drop below the $0.0662 support would make it vulnerable to further losses, potentially plummeting to $0.0351. This would invalidate the bullish outlook and leave investors feeling rather… well, useless. 😩
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2025-06-18 18:12