Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
HARIBO Token Skyrockets 11,000%, Leading a Meme Coin Resurgence as a Rival Coin Nabs $9 Million
Sam Cooling
Last updated:
April 23, 2024 08:29 EDT | 2 min read
This article explores how Haribo’s price hammered 11,000% gains and uncovers the next big meme coin set to skyrocket in the macro Summer.
Yet, despite the impressive gains, Solana meme coin analysts on Crypto X have been raising the alarm, warning of a potential soft-rug pull by the developer.
HARIBO Price Analysis: Will Hot #3 Solana Meme Coin Soft Rug Prophecy Come True?
As price action re-tests upside resistance, HARIBO is currently trading at a market price of $0.05098 (representing a 24-hour change of +35.95%).
This comes after HARIBO launched at 13:00 UTC on April 21, in a move that gained instant traction amid a breakout trend for candy-themed cryptocurrencies.
Frenzied volume saw HARIBO price shoot up +11,000% in just 3 hours of trading, with price rallying to hit an all-time high at $0.1244 around 15:00.
The hours since saw early backers take profit, fuelling a -90% retracement move – further exacerbated by added sell-pressure from the malevolent developer.
Yet, after an impressive display of consolidation above the bottom support level at $0.0068, recent hours have seen upside momentum resume – with HARIBO price so far climbing +515% to retest resistance at $0.07.
A successful break-high here could leave HARIBO with a bullish panhandled technical pattern, suggesting a bullish structure for the day ahead.
Furthermore, with an alluring market cap of just $449k, late-stage investors could still earn as much as 10x returns.
Retail investors are defying slow rug risk to participate, with buy-pressure representing 51% of transactions over the past hour.
Yet, with red flags in developer behavior, smart money traders are shifting their attention to a better play – the DOGEVERSE presale.
Discover DOGEVERSE as Presale Slams Impressive $9m Raised Ahead of Explosive Multi-chain Launch
While HARIBO price risks a slow-rug, DOGEVERSE is continuing to snowball with viral traction, as the fastest growing meme coin presale surges past $9m raised.
But what’s got retail investors so excited about this new cryptocurrency presale?
The answer is simple: the unification of DOGE across all major blockchains.
You heard that right – whilst the original Dogecoin has inspired a huge family of spin-off tokens – no DOGE-linked meme coin has ever delivered multi-chain trading.
DOGEVERSE is here to fill that huge void in the year of Omnichain cryptocurrency.
DOGEVERSE will operate on Ethereum, Polygon, BNB Chain, Solana, Avalanche, and Base, a multichain feature that supporters will drive prices in 2024.
Moreover, holders cite DOGEVERSE’s capped supply of 200 million combined with staking as attractive attributes.
These features will likely create a supply squeeze, progressively lifting prices over time.
Buy DOGEVERSE Here
Follow Us on Google News Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.