$GRIMACE: for those who skipped DOGE, SHIB, PEPE and other memes
Hi everyone! Starting Reposting my first TV idea (and probably the last one because this trade has lifechange potential). The first edition of it was removed because I put a link in it. The idea has become clearer tho. Please, welcome our dear BRO $Grimace 💜
🧐 CEO of the project is Odyssey, CIS crypto influencer and good guy, and the creation story comes from the tweets by Elon Musk and mcDonalds on Twitter. We all know Musk as a fan of pumping something, but at that moment there were no Grimacecoin. But there is now 😏
📈 Let`s look at the chart. From the beginning of August, we have wide consolidation phase in which support level of $23 was succesfully tested multiple times. Now support level is $25.8 where the biggest volume profile is (after long accumulation below $5).
📈 Now a pattern is being formed to continue the trend. In my opinion, the technical picture is beautiful: new accumulation is forming before breaking previous ATH. The rising trend is strong and crisp. And look at this growing volume – the sign of rising interest and an upcoming move. Also think this way: If any crypto like ETH, XRP or fkn FLOKI would have such a chart, how easy would it be to go long? 😏
*btw, Grimace is +1.5% while all crypto market is red. Something to consider?
🎯 Where are my targets? Because we are trading for not so long and near all-time highs, targets can only be set using the Fibonacci extension grid. According to it, the nearest targets from the current $25 are 40/54 (+45%/+97%). The next Fibo targets are 75/105/120, and CEO Odyssey sets his minimum target at $1 billion capitalization, which equals $1,000 per coin. But for now Im modest, and such goals did not fit on the screen 😏
🤔 I would also like to note that such meme-coins do not go after bitcoin (the bitcoin has a risk of a slight correction following the American indices). By the way, about similar meme-coins: at the peak, the capitalization of
PEPEUSDT
, meme-coins with signs of a scam (the contract parameters included the possibility of arbitrary blocking of wallets objectionable to the developer) reached $1.5 billion, and the growth was hundreds of thousands of percent (not to mention
DOGEUSDT
or
SHIBUSDT
, capped at $70 billion and $35 billion respectively). The capitalization of Grimace, coins with clean contract parameters, a lamp community and even a history of creation thanks to Musk and mcDonalds - so far $ 25 million. If this is not an underestimation, then what is an underestimation?
See you at $1000 for 1 Grimace 💜
🧐 CEO of the project is Odyssey, CIS crypto influencer and good guy, and the creation story comes from the tweets by Elon Musk and mcDonalds on Twitter. We all know Musk as a fan of pumping something, but at that moment there were no Grimacecoin. But there is now 😏
📈 Let`s look at the chart. From the beginning of August, we have wide consolidation phase in which support level of $23 was succesfully tested multiple times. Now support level is $25.8 where the biggest volume profile is (after long accumulation below $5).
📈 Now a pattern is being formed to continue the trend. In my opinion, the technical picture is beautiful: new accumulation is forming before breaking previous ATH. The rising trend is strong and crisp. And look at this growing volume – the sign of rising interest and an upcoming move. Also think this way: If any crypto like ETH, XRP or fkn FLOKI would have such a chart, how easy would it be to go long? 😏
*btw, Grimace is +1.5% while all crypto market is red. Something to consider?
🎯 Where are my targets? Because we are trading for not so long and near all-time highs, targets can only be set using the Fibonacci extension grid. According to it, the nearest targets from the current $25 are 40/54 (+45%/+97%). The next Fibo targets are 75/105/120, and CEO Odyssey sets his minimum target at $1 billion capitalization, which equals $1,000 per coin. But for now Im modest, and such goals did not fit on the screen 😏
🤔 I would also like to note that such meme-coins do not go after bitcoin (the bitcoin has a risk of a slight correction following the American indices). By the way, about similar meme-coins: at the peak, the capitalization of
PEPEUSDT
, meme-coins with signs of a scam (the contract parameters included the possibility of arbitrary blocking of wallets objectionable to the developer) reached $1.5 billion, and the growth was hundreds of thousands of percent (not to mention
DOGEUSDT
or
SHIBUSDT
, capped at $70 billion and $35 billion respectively). The capitalization of Grimace, coins with clean contract parameters, a lamp community and even a history of creation thanks to Musk and mcDonalds - so far $ 25 million. If this is not an underestimation, then what is an underestimation? See you at $1000 for 1 Grimace 💜
