📉 $MEMEFI Pullback After Hype Surge


MemeFi plunged 21.5% in the past 24h but still sits 118% higher weekly after last week’s hype-driven rally. The drop follows:


1⃣ Binance Delisting Fallout – Futures closure ahead of August 11 triggered profit-taking and unwinding of leveraged bets.

2⃣ Overheated Technicals – RSI near 94 flagged correction risk, with support now at $0.0028.

3⃣ Weak Fundamentals – Low user activity and delayed updates undermine long-term confidence.


Bottom line: Without futures liquidity and organic demand, #MEMEFI faces a tough test holding support once Binance delists contracts.


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August 08, 2025 at 3:25 AM
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