Meme Coin Trends Are Godlike: Trader Accurately Predicts Myro’s Rally

Published 05/03/2024, 12:18
Updated 05/03/2024, 12:45
Meme Coin Trends Are Godlike: Trader Accurately Predicts Myro’s Rally

Coin Edition -

  • Myro broke out to the upside hours after Bluntz, a famous crypto trader on X, called the move.
  • Bluntz predicted an immediate price reversal from the dip, highlighting that meme coin trends are godlike.
  • Myro’s price reversed, resulting in a 63.92% profit within the first hour.

Myro, a dog-themed meme coin on the Solana blockchain, broke out to the upside hours after Bluntz, a famous cryptocurrency trader on X, called it. Bluntz’s post spotted a 25% ‘ABC’ dip on the Myro hourly chart, and the trader alerted his followers of an impending rally.

In his post, Bluntz called for an immediate price reversal from the dip, highlighting that meme coin trends are godlike. According to him, focusing on anything else feels like “an opportunity cost.”

Notably, Myro’s price spiked a few hours after Bluntz’s post. Data from the Myro hourly chart on TradingView shows the price reversed at the same level he called, resulting in a 63.92% profit within the first hour. The rally continued, with Myro climbing to $0.3121 before embarking on a consolidation, trading for $0.2659 at the time of writing.

MYRO/USDT Hourly Chart on TradingView

In a crucial development, the recent price spike plunged Myro above the previous all-time high of $0.2599 achieved last January. It has also generated increased conversation about the novel meme coin among crypto community members, who expressed bullish sentiments about the surging crypto.

CoinmarketCap data showed that Myro’s market capitalization grew by 51% in the last 24 hours to reach $252.7 million at the time of writing. It also reflected a 24-hour volume increase of 104.8%, as the volume rose to $231.7 million.

Myro is a Solana-based meme coin launched in November 2023. It is dog-themed and named after Solana founder Raj Gokal’s dog.

The post Meme Coin Trends Are Godlike: Trader Accurately Predicts Myro’s Rally appeared first on Coin Edition.

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