{"id":435384,"date":"2024-10-22T11:30:43","date_gmt":"2024-10-22T06:00:43","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=435384"},"modified":"2024-10-22T09:53:35","modified_gmt":"2024-10-22T04:23:35","slug":"mumu-crypto-rises-84-in-30-days-targets-1b-market-cap","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/mumu-crypto-rises-84-in-30-days-targets-1b-market-cap\/","title":{"rendered":"MUMU crypto rises 84% in 30 days: Targets $1B market cap"},"content":{"rendered":"<ul>\n<li><em>Mumu among the top gainers in the past 24 hours, at press time.<\/em><\/li>\n<li><em>Mumu targets $1 billion market cap.<\/em><\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/predictions\/mumu-the-bull-3-price-prediction\/\" target=\"_blank\" rel=\"noopener\">Mumu the Bull (MUMU)<\/a> has surged by 23% in the last 24 hours and 84% over the past month.<\/p>\n<p>This memecoin, running on the Solana blockchain, has caught the attention of traders, with its performance ranking among the top in the market.<\/p>\n<p>According to <a href=\"https:\/\/coinmarketcap.com\/currencies\/mumu-ing\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>, MUMU&#8217;s 24-hour trading volume rose by 256%, currently sitting at $14 million.<\/p>\n<p>This represents a volume-to-market cap ratio of 9.57%, with FDV of $155.51 million, showing strong liquidity in the market.<\/p>\n<h2><strong>MUMU price action and prediction\u00a0<\/strong><\/h2>\n<p>Price action for MUMU has shown a clear breakout from an ascending wedge pattern, followed by a consolidation phase.<\/p>\n<p>The coin formed a descending triangle, successfully testing this breakout with a double-bottom pattern, indicating a continuation of the uptrend.<\/p>\n<p>With this bullish momentum, it seems set to achieve a $1 billion market cap, especially as the anticipated 2025 memecoin supercycle approaches.<\/p>\n<p>Indicators, such as the MACD, confirm that bullish pressure remains strong, and trading volume is backing further price increases.<\/p>\n<figure id=\"attachment_435401\" aria-describedby=\"caption-attachment-435401\" style=\"width: 1562px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/1000291084.jpg\"><img decoding=\"async\" class=\"wp-image-435401 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/1000291084.jpg\" alt=\"Mumu\" width=\"1562\" height=\"644\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/1000291084.jpg 1562w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/1000291084-300x124.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/1000291084-1024x422.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/1000291084-768x317.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/1000291084-1536x633.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/1000291084-1200x495.jpg 1200w\" sizes=\"(max-width: 1562px) 100vw, 1562px\" \/><\/a><figcaption id=\"caption-attachment-435401\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>MUMU is also starting what appears to be the third wave of an impulsive Elliott wave pattern, with a target at $720 million based on Fibonacci levels.<\/p>\n<p>Market sentiment shows that Mumu is gaining traction, with many traders optimistic about a breakout.<\/p>\n<p>On the technical side, indicators like MA, RSI, and ADX on the 1-day chart are all signaling a continued upward trend for MUMU.<\/p>\n<figure id=\"attachment_435408\" aria-describedby=\"caption-attachment-435408\" style=\"width: 2048px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GridArt_20241021_153936654.jpg\"><img decoding=\"async\" class=\"wp-image-435408 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GridArt_20241021_153936654.jpg\" alt=\"\" width=\"2048\" height=\"1000\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GridArt_20241021_153936654.jpg 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GridArt_20241021_153936654-300x146.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GridArt_20241021_153936654-1024x500.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GridArt_20241021_153936654-768x375.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GridArt_20241021_153936654-1536x750.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GridArt_20241021_153936654-1200x586.jpg 1200w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><\/a><figcaption id=\"caption-attachment-435408\" class=\"wp-caption-text\">Source: Tradingview<\/figcaption><\/figure>\n<p>The Average Directional Index (ADX) confirms strong momentum, and the price continues to sit comfortably above the moving averages.<\/p>\n<p>These factors suggest MUMU could soon retest its previous highs, which were around $286 million, with projections for a rise to between $350 million and $480 million.<\/p>\n<h2><strong>Open interest and long\/shorts ratio<\/strong><\/h2>\n<p>Futures data further supports this bullish outlook. The weighted funding rate stands at 0.0968%, meaning long traders are paying shorts, which indicates strong market confidence.<\/p>\n<p><a href=\"https:\/\/www.coinglass.com\/currencies\/1000MUMU\" target=\"_blank\" rel=\"noopener\">Coinglass<\/a> data shows open interest levels are at their highest, reaching $4.64 million.<\/p>\n<p>The long\/short ratio sits at 6.5, meaning there are significantly more long traders than short traders, reinforcing the positive sentiment.<\/p>\n<figure id=\"attachment_435405\" aria-describedby=\"caption-attachment-435405\" style=\"width: 1446px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot_2024-10-21-12-48-17-31_40deb401b9ffe8e1df2f1cc5ba480b12.jpg\"><img decoding=\"async\" class=\"wp-image-435405 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot_2024-10-21-12-48-17-31_40deb401b9ffe8e1df2f1cc5ba480b12.jpg\" alt=\"Mumu\" width=\"1446\" height=\"589\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot_2024-10-21-12-48-17-31_40deb401b9ffe8e1df2f1cc5ba480b12.jpg 1446w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot_2024-10-21-12-48-17-31_40deb401b9ffe8e1df2f1cc5ba480b12-300x122.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot_2024-10-21-12-48-17-31_40deb401b9ffe8e1df2f1cc5ba480b12-1024x417.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot_2024-10-21-12-48-17-31_40deb401b9ffe8e1df2f1cc5ba480b12-768x313.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Screenshot_2024-10-21-12-48-17-31_40deb401b9ffe8e1df2f1cc5ba480b12-1200x489.jpg 1200w\" sizes=\"(max-width: 1446px) 100vw, 1446px\" \/><\/a><figcaption id=\"caption-attachment-435405\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<p>This ratio reflects the actions of top traders, and with a majority favoring long positions, the outlook for MUMU remains bullish.<\/p>\n<p>Mumu the Bull is on a strong upward trajectory, with technical indicators and market sentiment both supporting higher prices.<\/p>\n<p>Traders are optimistic that MUMU will continue climbing as liquidity and interest in the token grow, making it one to watch in the upcoming memecoin supercycle.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumu the Bull surges with bullish momentum, strong liquidity, and optimistic outlook.<\/p>\n","protected":false},"author":98,"featured_media":435255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,5824,66,3,4,20],"tags":[6427],"class_list":["post-435384","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-memecoins","category-new-news","category-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - 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