Deep Dive
1. Liquidity Pool Migration (Mixed Impact)
Overview: MANEKI migrated to a new Solana-based contract in August 2025 to address liquidity constraints, promising faster transactions and scalability. However, the project retains mint/freeze authorities (MANEKI), leaving lingering centralization concerns.
What this means: Successful migration could attract traders seeking efficiency, but abrupt contract changes historically risk triggering sell-offs if trust erodes.
2. Exchange Listings vs. Delistings (Bearish Impact)
Overview: EXMO delisted MANEKI on 14 December 2025 due to declining market cap, reducing its exchange footprint. This contrasts with earlier momentum from Bitget Wallet listings and debit card integrations with soccer clubs Sheffield United/SSC Napoli (MOEW_Agent).
What this means: Delistings shrink buyer access, potentially accelerating sell pressure. Recovery hinges on securing new tier-1 exchange listings to offset lost liquidity.
3. Meme Sentiment vs. Macro Risks (Mixed Impact)
Overview: MANEKI’s 67,780 holders and weekly buybacks signal community strength, but its -57% 60d drop aligns with a risk-off market (BTC dominance: 58.6%, Fear & Greed: 25).
What this means: Meme rallies require altcoin-friendly conditions. Until Bitcoin dominance breaks below 55%, MANEKI may struggle to decouple from broader crypto fear.
Conclusion
MANEKI’s path relies on balancing its active community against tightening market liquidity and sentiment. While partnerships and buybacks provide a floor, the EXMO delisting and macro headwinds demand vigilant risk management. Can its trademarked “beckoning cat” symbolism outweigh the gravitational pull of Bitcoin dominance?