‘Christ’ Token’s Miraculous 770x Leap Sparks Buzz, Eyes on Next Big Coin to Pump
The meme coin markets on Solana continue to surge, with the latest token, Christ is King, experiencing an astonishing increase of over 770,000% in 24 hours.
This article will provide an analysis of CHRIST’s current price trends, and look to see whether the latest incarnation of Dogecoin, represents a more promising investment opportunity.
$CHRIST
He will return & every knee will bow. He loves you<3#ChristIsKing pic.twitter.com/VR0a2NRIjm
— cryptofink (@cryptoyouthfink) March 28, 2024
CHRIST’s major breakout on Solana meme coin markets comes amid a continued appetite for the latest moon-sh0t, with Christ is King rising dramatically due to sudden viral success on X.
With price action astride lower support, Christ is King is currently trading at a market price of $0.000109 (representing a 24-hour change of -46.84%).
This comes after CHRIST launched at just 19:00 (UTC) on March 26, in a DEX listing that gained almost immediate traction – as the fresh Solana meme coin hammered up +864% in the first few hours.
A strong support level was established above $0.000105, setting the stage for further gains as price exploded due to a sudden influx of more than $500k in trading volume.
Prices rocketed up amid the flurry of interest, and this supercharged price action to fire up a further +1,428% – hitting an all-time high at $0.0011 around 7 AM (UTC) on March 28.
Yet, with early investors sitting atop impressive 770x gains, the retracement was inevitable, and a subsequent sell-off move saw CHRIST tumble -80% to lower support at $0.000105.
In a lengthy, hard-fought consolidation pattern, CHRIST token is struggling to make headway, with buy pressure dwindling to just 36% of transactions over the past hour.
However, with a lowly market cap of
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