Ah, dear reader, gather ’round as we delve into the whimsical world of MOONPIG, a memecoin that has burst forth from the depths of the Solana blockchain, like a piglet in a spacesuit, ready to conquer the cosmos! Backed by the illustrious Hyperliquid whale, James Wynn, who seems to have more money than sense (a staggering $1.1 billion in BTC perpetuals, mind you), this little piggy has galloped past a market cap of $120 million and has just secured its first listing on the grand stage of Poloniex. π
But what is this MOONPIG, you ask? A delightful creation, indeed! It is a memecoin that has captured the hearts of nearly 10,000 holders, all thanks to the enchanting launchpad known as Pump.fun. One can only imagine the joy of these holders, clutching their digital piggies as if they were golden tickets to a chocolate factory! π«
Today, our dear MOONPIG soared to dizzying heights, only to plummet back down like Icarus after a little too much sun. It briefly flirted with the $120 million mark, but alas, it has since retreated to below $100 million. Such is the fickle nature of the crypto market, where fortunes are made and lost faster than you can say “HODL!”
β moonpig (@moonpigmeme) May 20, 2025
Since its all-time low of $0.004102 on May 6, MOONPIG has skyrocketed to an astonishing $0.1212, a gain of approximately 2,855% in less than three weeks! But hold your horses, dear friends, for it has now settled at $0.1001, still basking in a 10% gain over the past 24 hours, buoyed by its newfound fame on Poloniex. ππ°
As we stand at this crossroads, the price of MOONPIG appears to be pulling back from its lofty heights, with the RSI at a rather alarming 73, signaling that perhaps our little piggy has indulged a bit too much at the trough. A correction may be on the horizon, or perhaps a moment of reflection is in order. The MACD, however, remains in bullish territory, but the declining histogram bars whisper of waning momentum. Oh, the drama! π
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2025-05-23 17:24