Singer Jason Derulo’s New Memecoin Sparks Rugpull Fears in Fans
Jason Derulo's Controversial Crypto History: Jason Derulo faces criticism for allegedly promoting dubious crypto projects, with on-chain detective ZachXBT accusing him of using new tokens to mislead fans, similar to his past involvement in over 15 scam-related cryptocurrencies that resulted in rug pulls.
Community Skepticism Towards New Memecoin: Following the revelation of Derulo's latest memecoin launch, Twitter users expressed doubt about its legitimacy, recalling his previous failures and unfulfilled promises regarding long-term commitment to the crypto space.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for MEME
Technical Sentiment Analysis for Memecoin (MEME) As of , Memecoin (MEME) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MEME 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, MEME 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 $-.
Memecoin (MEME) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000361 | 0.000481 | 0.00062 | 0.00074 | 0.000879 | 0.000999 | 0.00114 |
| Fibonacci | 0.000481 | 0.00058 | 0.000641 | 0.00074 | 0.000839 | 0.0009 | 0.000999 |
About MEME
About the author







