Paradox Metaverse Founder Linked to £250K Illegal Weight-Loss Drug Seizure
- Illegal Drug Seizure: UK authorities seized £250,000 worth of illegal weight-loss drugs, including the so-called 'Godzilla' injections, during a raid in Northampton, highlighting a stringent crackdown on illicit drug operations in the region.
- Financial Links Investigation: Investigators found connections between Fasial Tariq and multiple companies operating from the raided facility, further revealing potential misconduct related to his cryptocurrency ventures.
- Ponzi Scheme Allegations: Crypto investigator Coffeezilla labeled Paradox Metaverse a 'Ponzi scheme', indicating that the project attracted investors through unsustainable yield promises, which underscores the risks and opacity within the crypto industry.
- Market Impact: Although no charges have been filed against Tariq, this incident could severely damage the reputation of Paradox Metaverse, potentially undermining future investor confidence and market performance.
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Technical Analysis for PUMP
Technical Sentiment Analysis for Pump.fun (PUMP) As of , Pump.fun (PUMP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, PUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Pump.fun (PUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000451 | 0.00106 | 0.00166 | 0.00227 | 0.00287 | 0.00348 | 0.00409 |
| Fibonacci | 0.00106 | 0.00152 | 0.0018 | 0.00227 | 0.00273 | 0.00302 | 0.00348 |
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