$PUSS : The Monthly candle Close!
Hello, everyone. How are you doing? I want to welcome you again to my blog in the PussFi 🐈 community.
Hello everyone, today, let us discuss and analyze the progress and retracement of $PUSS Token Analysis, only those who don't know much about crypto or memecoin specifically will expect to buy and immediately expect to be in profit which is not how this works, as we still have a long way to go from here.
From our previous analysis, we can see a little bit of retracement from PUSS over the past thirty days now, and I guess this is the right time to make the next analysis of what's next for $PUSS from this range, we have another potential key zone at $0.003 here, the $PUSS monthly candle has closed in this price range which means something crucial will happen from this zone, my bias is BUY.
As I previously analyzed, we have been seeing PUSS in this range for a while because there was indeed a large buy volume around the box, as seen in the picture above. We can see that the price respects the box, has dropped below it, and is moving to the next key zone, which it has also tapped. This means it is indeed a potential support key level in the range, and the future of PUSS depends on what happens next from here, which I see as a perfect Entry Mode.
Therefore, for whatever reason, Technical Market Analysis always wins, and this is likely a bullish sign in $PUSS as we are still looking to cancel one zero from this current price, which we are 68% away from. This is no longer far from the truth, as I also said a week ago. So, let's discuss some interesting new developments in the token and also its new and upcominglisting.
- Introduction
Let me reintroduce what $PUSS is to you guys.
$PUSS is the first-ever meme coin of the Amar Bangla Blog (ABB) Community on the Steemit platform, It has come to change the way we view meme coins and give its holders a dynamic, interesting experience, especially on the platform.
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$PUSS is a meme token that also has a unique blend of entertainment and it also has utility on the platform further as well, $PUSS is a token that stands out in the revolutionary cryptocurrency space, especially when we are relating its evolution with the Steemit social platform.
What is $PUSS?
$PUSS is not like your normal meme coin; it was created on the Tron blockchain (TRC-20) and within the Steemit platform, it represents the core of the ABB community as a whole, and It connects a dedicated community of bloggers, and cryptocurrency lovers that respect efficiency, fun, security, and trust in the digital space.
Now, once again, over the period of 4 days, let's look at the indifference in the price of $PUSS between 4 days ago and now, although this time we've had a huge retracement, but regardless we shall still discuss both the positive and negative impact of the $PUSS token, so we have to keep the knowledge open regardless the market direction.
As we can see, the $PUSS price has retraced farther from the retraced box, despite touching the box bottom multiple times which I estimated is the big buy box, and we are patiently waiting for more buyers to get in, but I can tell you for a fact that $PUSS is not stopping here anytime soon.
The price has retraced and will likely move back to the $0.0035 zone and will likely continue soaring up in a matter of days let's just wait and see, this is just a little bit of retracement to grab the bottom liquidity which has to happen before we keep the market climbing, and I don't know why many people haven't still taken their chances yet.
So with this being said, any weakness in $PUSS from right here is a BUY, I don't know if you guys were paying attention enough, but I can vividly remember patronizing people on my page to get into $PUSS before it was too late, and now we are sitting large at $3.1 million market cap, and we still have more to get into from here, therefore NO PANIC and in just about time we shall still hit the big 10 million market cap, and the PUSS token will cancel one zero afterward.
The goal of $PUSS is to celebrate community-driven initiatives and show that meme coins are more than simply hype, Because of its open tokenomics and committed community, $PUSS has the potential to become a major player in the meme coin market, building on its ever-growing reputation.
What More is Unique and New about $PUSS?
More CEX's Listing - As of October 10, 10:00 AM UTC, $PUSS got listed on the MEXC exchange, which is one of the biggest centralized exchanges for memes and altcoins, and also there is more CEX like Ascendix and the fact that puss has made it to this point in a short period has shown great development in the token, and there will be more liquidity outbreak from here, which means users can easily trade their USDT for puss on the centralized exchange which doesn't require much KYC verification.
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More importantly, there have been certain listing discussions with platforms like HTX, Kucoin, and others, and fortunately, PUSS just got listed on BitMart today as well, which shows a great improve in the development of the token so far.
There are PUSS contests ongoing - Another interesting development I came across about now was that there are currently ongoing contests on PUSS in the World X pillar community, you can easily search down the community and make your opinion about PUSS to get in on the 550 USD grand price, which the result has been announced and happy to partake in.
PUSS is Currently listed on Coinmarketcap - As we all know, getting a token on coinmarketcap has always been a priority to prove eligibility of such a token, and after a month of PUSS creation, it finally get listed on coinmarketcap where it could have a long wider range and this as well will bring more investment and new money into $PUSSS.
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1. $PUSS is a Community-First Approach Token: - Means that $PUSS is a coin that comes from the ABB community on Steemit, showing the success of group effort, and adding to the fact that it is not just an individual token that was built for pump and dump.
2. It is a meme coin with utility: The $PUSS token was initially built just for fun according to the founders and creators, but I bet you all can agree with me that it is also useful because the initiative is based on Tron's TRC-20 standard, which equally means that transactions will be quick, safe, and more economical because Tron has one of the cheapest gas fees amongst the top blockchains.
It also has Strong Market Presence: What this means is that this particular coin we are talking about is far and beyond as It is currently listed on Sunswap, and without saying much, we all can see that $PUSS has shown remarkable development thus far.
The current price of $PUSS stands at 0.019 TRX; the token's price has decreased by -2.8%. With liquidity of $320k and a 24-hour trading volume of 16,574.43 TRX, the market cap has crossed below the $4M breakthrough and is currently at $3.1M in total market capitalization. I believe getting to $10M is still just a matter of time, not losing confidence especially here.
Tokenomics
Market Cap: $3.1 million
Contract Address: TX5eXdf8458bZ77fk8xdvUgiQmC3L93iv7
Total Supply: 1,000,000,000 $PUSS tokens
Circulating Supply: 1,000,000,000 $PUSS tokens
I believe that as more people join the $PUSS movement on the blockchain, these numbers show the movement's confidence and more numbers are coming in daily.
Snapshot of it's Performance
As of October 31st, 2024, $PUSS has seen over 28,867 transfers and has a circulating market cap of $4,260,599. This indicates that $PUSS has dropped a little bit downward, Yesterday, the token's 24-hour trading volume increased by +15.09% to $12.72k. The liquidity remains calm at $364.87k, showing that it has strong support from its backers, and none is losing confidence in it despite the retrace movement.
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As of November 7th, 2024, $PUSS has now seen over 34,029 transfers, with 3,748Holders(+60) from the previous time, and has a circulating market cap of $3,120,452, This implies that $PUSS has decreased a little bit in this short range all in the hope that we are getting ready for the big leg up which is just around the corner as the token is looking forward to canceling one zero from its current price, and we are patiently waiting to cancel the big box below.
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Yesterday, the token's 24-hour trading volume decreased by +32.8% to $48.79k, and the pool liquidity is still at $390K. This shows that there is still strong support from its backers as everyone is gearing up for the next $PUSS movement.
Join the Movement
What we all need to understand is that sometimes meme coins are more than hype in the current crypto space; they stand for the community and culture.
$PUSS is a meme token that is currently well positioned to build itself as a major token in the cryptocurrency area, thanks to its strong market performance and its community as well, and we can only move a higher volume in several volumes and participation.
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$PUSS serves as a chance to become a part of a growing movement, regardless of your level of experience as a trader or your familiarity with meme coins.
Come with us, you can easily trade it on Sunswap,poloniex, or MEXC and join the $PUSS community right now. Together, let us enjoy the unlimited potential of meme coins!
Links and Resources
https://x.com/_bhardmorse/status/1854565793616339451?t=kgC560kfBfphRWkyEIR6hQ&s=19
Upvoted! Thank you for supporting witness @jswit.
Thank you so much for this complete analysis for us and I am so sure it it just a matter of time before the price goes up. Well it is just a matter of time and this is the right time to buy more puss coin
Note:- ✅
KINDLY JOIN THE BURN PUSS PROJECT AND EARN MORE REWARDS
Regards,
@jueco