Latest MULTIVERSE MONKEY (MMON) Price Analysis

Deep Dive

1. Post-Burn Profit-Taking (Bearish Impact)

Overview: MMON announced a 4.5B token burn on 12 August (BitcoinWorld), reducing total supply by 45%. While burns typically boost prices by creating scarcity, MMON’s 24h drop suggests traders sold into the initial hype.

What this means: Burns often trigger short-term rallies as investors anticipate scarcity-driven gains. However, MMON’s 24h volume ($1.05M) fell 5.63%, indicating fading momentum. Without sustained demand, post-burn selloffs can reverse gains.

What to watch: Verify on-chain burn execution via Etherscan to confirm supply reduction.

2. Low Liquidity Amplifies Volatility (Mixed Impact)

Overview: MMON’s turnover ratio (0.0189) reflects low liquidity, typical of small-cap tokens. Thin order books exacerbate price moves, allowing modest sell orders to trigger outsized declines.

What this means: The 24h drop coincided with a 5.63% drop in trading volume, suggesting limited buy-side support. Low liquidity increases slippage risk, deterring large investors and perpetuating volatility.

3. Neutral Technicals (Bearish Bias)

Overview: MMON’s RSI-14 (41.6) sits near neutral, failing to signal oversold conditions that often precede rebounds. The price ($0.0186) hovers just above its 7-day SMA ($0.0183), a weak support level.

What this means: Neutral RSI leaves room for further declines if selling persists. A break below the 7-day SMA could trigger stop-loss orders, accelerating downward momentum.

Conclusion

MMON’s drop reflects profit-taking after its token burn rally, compounded by low liquidity and neutral technicals. While the burn strengthens long-term tokenomics, short-term demand remains fragile. Key watch: Can MMON hold its 7-day SMA ($0.0183)? A breakdown could signal deeper correction, while a rebound above $0.019 might stabilize sentiment.

TLDR MULTIVERSE MONKEY (MMON) rose 7.30% over the last 24h, rebounding from a 14.13% weekly drop. The surge contrasts with a 7.96% decline in the broader crypto market, signaling coin-specific catalysts. Here are the main factors:

1. Token Burn Announcement – A planned 4.5B MMON burn (60% of initial supply) fuels scarcity expectations.
2. Gaming Partnership – GammaStack collaboration aims to expand MMON’s GameFi utility.
3. Technical Rebound – RSI neutrality (50.97) and pivot point support ($0.0313) suggest short-term bullish momentum.

Deep Dive

1. Token Burn (Bullish Impact)

Overview: On 12 August 2025, MMON announced a burn of 4.5 billion tokens, reducing its total supply from 10B to 4B. This follows a prior 1.5B burn, with transaction hashes provided for transparency (BitcoinWorld).

What this means: Burns reduce sell pressure and signal commitment to tokenomics health. If demand holds, scarcity could lift prices. However, MMON’s 30-day rally (+33.6%) raises questions about whether this news is already priced in.

What to look out for: Verification of burn transactions and sustained trading volume above $1.5M (current 24h: $1.5M).

2. GammaStack Partnership (Mixed Impact)

Overview: MMON revealed a partnership with GammaStack on 13 August to build a casual gaming platform using Ethereum for in-game MMON transactions. The platform targets mainstream adoption but lacks a launch date (BitcoinWorld).

What this means: GameFi integrations could boost MMON’s utility and demand. However, delayed launches or underwhelming user adoption might reverse gains. The 24h volume (-2.46%) shows cautious optimism rather than frenzy.

3. Technical Rebound (Neutral/Bullish)

Overview: MMON’s price ($0.033) sits above its pivot point ($0.0313), a key support level. The RSI (50.97) suggests neutral momentum, while the 7-day SMA ($0.0357) acts as resistance.

What this means: Breaking above $0.0357 could signal further upside, but failure might retest $0.0313. The 24h rebound aligns with typical “buy the dip” behavior after a 14% weekly drop.

Conclusion

MMON’s rally reflects bullish sentiment around supply cuts and ecosystem growth, though technicals and market-wide caution temper optimism. Key watch: Can MMON hold above $0.0313, and will GammaStack’s platform details emerge this week?