Rumors Swirl Around Pump.fun Token Launch After Gate Exchange Leak
Token Sale Details: A now-deleted page indicated that Pump.fun planned to sell 150 billion PUMP tokens at $0.004 each starting July 12, potentially valuing the offering at $600 million, but neither Pump.fun nor Gate has confirmed this sale.
Market Competition and Anticipation: Despite previous downplaying of a native token by co-founder Alon Cohen, excitement remains high for a potential PUMP token launch, especially as Pump.fun faces competition from LetsBonk in the meme coin market.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN) As of , TokenFi (TOKEN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TOKEN 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, TOKEN 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 $-.
TokenFi (TOKEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000689 | 0.00175 | 0.00257 | 0.00363 | 0.00445 | 0.00551 | 0.00634 |
| Fibonacci | 0.00175 | 0.00247 | 0.00291 | 0.00363 | 0.00435 | 0.00479 | 0.00551 |
About TOKEN
About the author
