Pum.Fun launched its native token pump early today, but no surprise, the sale ended in 12 minutes. During this period, around $500 million worth of pumps were featured by retail investors at a valuation of $4 billion.
However, according to Beincrypto’s analysis, the predictions did not go well for Pump.Fun Ecosystem Tokens.
Goatseus Maximus
Goat prices skyrocketed 23% this week, emerging as one of the better performance pumps. However, forecasts surrounding the launch of pump tokens have resulted in a 9% drop in the last 24 hours.
Nevertheless, the goats remain an altcoin to watch, as they show considerable volatility and market interest.
Currently trading at $0.120, goats exceed the key support level of $0.117. The MACD shows that bullish momentum is strengthened and could raise prices.
However, if an investor decides to sell its holdings to secure profits, the goat could face downward pressure. A drop through $0.117 support could cause Altcoin to slip to $0.102, disabling bullish papers.
Peanut squirrel (pnut)
PNUT prices have risen 19.2% over the past week to $0.264. However, like other pump.fun tokens, it has experienced an 8% drop in the last 24 hours. Nevertheless, PNUT still shows signs of positive momentum.
Parabolic SARs are currently showing an upward trend in PNUT. If Altcoin can maintain above the main support level of $0.260, it could potentially gather towards $0.300. Continuing positive momentum in the broader market can further raise the price of PNUT.
If the PNUT cannot maintain support at $0.260, you may face downward pressure. Below this level it could push the price up to $0.219, erase recent profits and negate bullish outlook.
Pitia (Pitia)
Pythia emerged as the only coin to rise in the last 24 hours, trading at $0.048 after an increase of 42%. Altcoin is currently facing $0.052 resistance. This momentum could indicate further price growth as Pythia continues to attract investors’ attention to the Pump.fun Ecosystem.
One cloud under the candlestick shows Pitya’s bullish trend. This indicates the possibility of further price increases, particularly with the upcoming launch of pump tokens.
If the market situation remains favorable, Pythia could break the $0.052 resistance level and target $0.060 in the coming days.
However, Pythia could face a price drop if profits arise. If you fall below the $0.039 support, it could lead to further downward movement, potentially reaching $0.033. If this happens, it negates the current bullish outlook.
Post 3 pumps to watch during the launch of the pump token. Ecosystem Coin first appeared in Beincrypto.
