$MODENG has risen by 30% once more

Event:

A rather interesting memecoin, which we wrote about quite recently, has grown again by 30% in the last 24 hours, and its capitalization has grown to $314 million. The token has been growing steadily since May 8 now. Its present growth has already amounted to half of the previous one and continues to grow quickly. Many believe that this will be a comeback.

Consideration of the pump:

Having re-viewed and re-examined all of the token resources, our analysts did not see any foreshadowing of a pump from the team, thus we conclude that it's all regarding the community, which is actively sharing this meme on literally all platforms.

$MODENG's trick:

Based on the latest trends, it's safe to say that the secret to success is not only in the community, but also in the relevance of their meme, because it's literally everywhere: in Telegram, on Twitter (X), on TikTok, on Instagram, etc. The market hasn't experienced such a huge hype around memecoins since the launch of the token of the President of the United States of America - Donald Trump.

Additional facts:

Now we can confidently assume that there is every chance for the comeback of the old capitalization, since half has already passed. But it is necessary to note the volatility of memecoins and the possibility of the situation being the other way around. The token will definitely not begin to sharply collapse, but a dump can slowly happen, and a panic sale can ensue.

Conclusion:

$MODENG is a highly prospective memecoin, which can very shortly have a good future. Its relevance grows along with the shilling and finds new investors in the form of ordinary people. We keep tracking the events around $MODENG.

This post is not financial advice!