MOODENG Price News: Surges 16% in a Single Day, Potentially Breaking $0.06

MOODENG-1,88%

On February 14th, amid the overall downturn in the crypto market, MOODENG unexpectedly surged, becoming one of the few meme coins to rise against the trend. Data shows that the token increased by approximately 16% over the past 24 hours, while mainstream assets remained in a consolidation phase. Notably, despite shrinking market-wide trading volume, MOODENG’s trading activity significantly intensified, creating a rare divergence between price and volume.

From a capital structure perspective, this rally was mainly driven by derivatives trading. In the derivatives market, MOODENG became one of the top gainers of the day, with liquidation data indicating that both long and short forced liquidations rapidly expanded, and leveraged buying became the core force behind the price increase. Some on-chain data also shows that MOODENG’s trading volume in decentralized liquidity pools within the Solana ecosystem surged significantly, with daily trading volume surpassing $4.6 million. Transaction counts and active addresses increased in tandem, indicating a clear short-term bullish sentiment.

The market enthusiasm is also reflected in the rankings on community and tracking platforms. MOODENG briefly ranked among the top Solana meme coins in terms of attention, alongside popular projects like PENGU, with high discussion volumes, suggesting that speculative capital is rapidly accumulating.

Technically, MOODENG remains in a strong momentum zone, but there is clear resistance at the $0.0558 level. If a short-term pullback to around $0.047 finds support, a retest of the $0.058 area could be possible; once volume breaks through, $0.06 will become the new key target. Conversely, if leveraged funds continue to withdraw, the price may fall back to lower levels.

It is worth noting that funding rates have shown signs of weakening, indicating some traders are beginning to lock in profits. Leveraged-driven markets tend to be volatile and fast-moving, and the future trend will depend on whether more spot buying support emerges. In a high-volatility environment, MOODENG still has potential, but risks should not be overlooked.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

ETH Price Analysis: Accumulation, Staking Boom, and Minimum Proposal Breakdown

Accumulation: Large wallets are buying ETH near $2,000, supporting key technical levels. Staking Boom: Validator queue surges to 3.4 million ETH, signaling strong long-term confidence. Minimum Proposal: Upgrade aims for faster finality and higher censorship resistance on

CryptoNewsLand5m ago

Miners are no longer mining Bitcoin; they are selling electricity to AI.

Written by: Cathy, Plain Language Blockchain Mining one Bitcoin costs $87,000. When sold, the market only pays you $67,000. For each Bitcoin mined, you net a loss of $20,000. It’s not just losing on fees or electricity fluctuations; it’s a solid loss—losing $20,000 for every Bitcoin produced. This is the reality in March 2026. Data from Glassnode and MacroMicro both point to the same conclusion: Bitcoin mining, at current prices, is a losing business. But miners aren’t just sitting around waiting to die. They’ve made a choice that the entire market didn’t expect—they’re stopping mining and selling electricity to AI. Specifically, it’s not “stopping mining,” but rather emptying the Bitcoin treasury and pouring all funds into AI data centers, relegating mining to a side gig. Since Bitcoin dropped from 126,000 in October 2025

PANews32m ago

Aptos unlocks $10.88 million worth of APT, but 69% of the supply is currently staked – which side will have the advantage?

After approving the proposal to limit the maximum supply of Aptos (APT) five days ago, this altcoin is now preparing for a new token unlock – a factor that could add volatility to the market. Although APT has experienced a slight increase of about 1% in the past 24 hours, the long-term outlook appears less positive as volume

TapChiBitcoin42m ago

Trump says Iran war is almost over, BTC needs to hold $70,000. What do technicals say?

U.S. President Trump stated on March 10th that the Iran war is "almost over," leading to a cooling of geopolitical risk sentiment and driving cryptocurrencies like BTC to reverse and break above $70,000. Market expectations for the end date of the war have significantly increased, and risk assets are generally rising. Reflecting on the airstrike on February 28th, the market had wiped out $12.8 billion, and most indicators remain neutral with a key resistance at $74,000. Noticing that oil prices have fallen below $100, which may further support risk assets. Today's U.S. CPI data will influence market sentiment.

動區BlockTempo1h ago

Bitcoin faces short-term pressure approaching $70,000 ahead of US CPI data release

On March 11, Bitcoin price dropped over 2% due to market cautiousness. Economists expect US CPI data to be slightly higher than last month, although this data does not reflect the impact of rising oil prices, and Bitcoin's short-term response may remain stable. Tensions in the Middle East could lead to increased safe-haven demand. The market should pay attention to changes in key support and resistance levels to prepare for potential volatility.

GateNews1h ago

Arthur Hayes warns: Bitcoin may dip below $60,000 in the short term, but still has the potential to reach $500,000 in the long term

Cryptocurrency industry executive Arthur Hayes warns that Bitcoin may experience a short-term pullback to $60,000, but remains optimistic about its long-term potential, expecting the price to reach $500,000 to $750,000 by the end of 2026. He emphasizes that geopolitical tensions and high interest rates will influence BTC's movement, and investors should be cautious in responding to short-term fluctuations.

GateNews1h ago
Comment
0/400
No comments