💣💣💣
Meme Increase 56% due to strong 💪 inflows
• The MEME token increased by 58.61% to $0.00405, becoming the best-performing asset in the Binance spot market
• Trading volumes skyrocketed to 22.88B MEME ($58.23M), with a market capitalization reaching $228.94M
• The price doubled from the level of $0.00196 on August 18, driven by strong buying pressure
• Massive capital inflows peaked at 945M units of MEME on August 23
• Extremely bullish positioning reflected in a long/short ratio of 24.01
• Technical indicators aligned: converging exponential moving averages and bullish momentum on MACD (53.8% accuracy)
• Key breakout above $0.00365 after bouncing from support at $0.002016
