Smart Money Wallets, in a move that would make Sir Isaac Newton scratch his head, have been accumulating JoeToken (JOE), AI Rig Complex (ARC), and Mochi (MOCHI) as if the market crash was just a minor hiccup. JOE saw a whopping $44,000 in buys over the past week, while ARC attracted more than $32,000, even as its price took a nosedive of over 67%.
Meanwhile, MOCHI has had a rollercoaster ride with a 45% correction in the last seven days, but Smart Money still threw in $9,000 worth in the last 24 hours. The fate of these tokens—whether they’ll soar to the moon or crash back to Earth—hangs in the balance of key support and resistance levels. Buckle up!
JoeToken (JOE)
JoeToken (JOE), the token that’s trying to be the Swiss Army knife of the Trader Joe ecosystem on the Avalanche network, has caught the eye of Smart Money wallets.
In a market that’s more volatile than a teenager’s mood swings, these wallets have snapped up nearly $44,000 worth of JOE in the last seven days. With a market cap that’s floating around $70 million, it seems some investors are betting on JOE’s potential, or maybe they just like the name.
If the stars align and an uptrend emerges, JOE could shoot for the $0.189 resistance level, and if it’s feeling particularly adventurous, it might even reach $0.215 and $0.243.
But if the downtrend decides to stick around, JOE might be testing the waters at $0.169, and if it breaks below that, it could be a long way down to $0.16. Hold onto your hats!
AI Rig Complex (ARC)
ARC is busy building the Rig framework, which sounds like something out of a sci-fi movie, but it’s actually an open-source tool for creating AI agents.
Despite a price drop that would make a skydiver queasy—over 67% in the past seven days and an additional 12% in the last 24 hours—Smart Money wallets have piled up more than $32,000 worth of ARC. Apparently, some investors see a rebound on the horizon, or they’re just really good at seeing silver linings.
If the downtrend continues its sad song, ARC could be singing the blues at $0.072 support level. But if Smart Money knows something we don’t, and the trend reverses, ARC could be dancing up to the $0.0956 resistance level.
A breakout above that could lead to a party at $0.13 and even $0.167, which would be a 110% upside. Let’s hope it’s not just a pipe dream!
Mochi (MOCHI)
Mochi, the meme coin on the Base chain that’s as mysterious as the ingredients in actual mochi, has piqued the interest of Smart Money wallets, which bought nearly $9,000 worth in the past 24 hours.
Even with this interest, its price is sliding down faster than a kid on a slip’n’slide, down 16% in the last day and nearly 45% over the past week. With a market cap now at $10.75 million, traders are watching MOCHI like a hawk, wondering if it’ll regain its footing or keep sliding.
If MOCHI manages to pull off a comeback and meme coins make a resurgence, it could be testing the resistance at $0.0000159, and if it’s really feeling spicy, it might even push toward $0.0000195 and $0.0000247.
But the $0.000011 support level is like a tightrope—if MOCHI falls below, it could drop to $0.000010 for the first time since mid-January. Keep your snacks ready for this rollercoaster!
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2025-03-11 00:53