Mumu The Bull Meme Coin Up Over 120% In A Week, Will 'Smash' Shiba Inu Highs, Touts Trader
Portfolio Pulse from Khyathi Dalal
Mumu The Bull (CRYPTO: MUMU), a meme coin on Solana (CRYPTO: SOL), has surged over 120% in a week due to exchange listings and rising volume. Crypto traders are optimistic about its future, predicting it could surpass Shiba Inu's (CRYPTO: SHIB) all-time high. MUMU is currently valued at $232.6 million and will soon be listed on BingX for spot trading.
July 29, 2024 | 7:14 pm
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NEGATIVE IMPACT
Shiba Inu (CRYPTO: SHIB) is mentioned as a benchmark for Mumu The Bull's potential growth. Traders predict MUMU could surpass SHIB's all-time high of $46 billion.
The news suggests that Mumu The Bull could outperform Shiba Inu, which may lead to a negative sentiment for SHIB as investors might shift their focus to MUMU.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Solana (CRYPTO: SOL) is the blockchain platform on which Mumu The Bull operates. The success of MUMU could positively impact SOL due to increased usage and visibility.
As Mumu The Bull gains popularity, it could lead to increased usage and visibility for Solana, potentially driving up SOL's value.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50