{"id":9231,"date":"2024-01-04T15:45:26","date_gmt":"2024-01-04T15:45:26","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=9231"},"modified":"2024-01-04T15:46:23","modified_gmt":"2024-01-04T15:46:23","slug":"major-exchange-invests-in-memecoin-meme-price-moves","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/major-exchange-invests-in-memecoin-meme-price-moves\/","title":{"rendered":"Major Exchange Invests in Memecoin! $MEME Price Moves!"},"content":{"rendered":"<p data-sourcepos=\"3:1-3:213\">Memecoin Price Moves! Binance Labs, the investment arm of Binance Exchange, has announced that it has invested in Memeland&#8217;s native token Memecoin (MEME). The MEME price has moved up. Here are the details and important levels for $MEME!<\/p>\n<blockquote>\n<p data-sourcepos=\"3:1-3:213\">You might like: <a href=\"https:\/\/coinengineer.net\/blog\/what-is-meme-token\/\" target=\"_blank\" rel=\"noopener\"><span style=\"text-decoration: underline;\"><em><strong>What is MEME Token? Binance Launchpool Project!<\/strong><\/em><\/span><\/a><\/p>\n<\/blockquote>\n<p data-sourcepos=\"5:1-5:286\">Binance announced that it has invested in Memecoin, the October month Launchpool project of the exchange. After this announcement from Binance, the $MEME price increased by about 30% to reach $0.03142. Then it experienced a retracement of about 20% and is currently trading at $0.02600.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/major-exchange-invests-in-memecoin-meme-price-moves\/#What_is_Memeland\" title=\"What is Memeland?\">What is Memeland?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/major-exchange-invests-in-memecoin-meme-price-moves\/#Movement_in_the_Memecoin_Price\" title=\"Movement in the Memecoin Price!\">Movement in the Memecoin Price!<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 data-sourcepos=\"7:1-7:17\"><span class=\"ez-toc-section\" id=\"What_is_Memeland\"><\/span><span style=\"font-size: 85%;\">What is Memeland?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-sourcepos=\"9:1-9:242\">Memeland is known as the Web3 venture of the popular meme platform 9GAG, which has a monthly user base of 200 million. Memeland, which has an experienced team behind it, aims to offer ownership to communities by creating community-based products.<\/p>\n<p data-sourcepos=\"11:1-11:214\">The main focus of Memeland is to connect content creators and communities through MEME token and NFTs by leveraging meme culture and to invest in them by building SocialFi and creative ecosystems for this purpose.<\/p>\n<h3 data-sourcepos=\"13:1-13:28\"><span class=\"ez-toc-section\" id=\"Movement_in_the_Memecoin_Price\"><\/span><span style=\"font-size: 90%;\">Movement in the Memecoin Price!<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-sourcepos=\"15:1-15:160\">After the news, $MEME rose to $0.03142 with an increase of about 30% in price, then experienced a retracement of about 20%. It is currently trading at $0.02600.<\/p>\n<p data-sourcepos=\"15:1-15:160\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-9233 aligncenter\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Memecoin.png\" alt=\"Memecoin\" width=\"768\" height=\"314\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Memecoin.png 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/01\/Memecoin-300x123.png 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/p>\n<p data-sourcepos=\"17:1-17:315\">After the Bitcoin decline on January 3, 2024, $MEME fell to the support level of $0.01752, then managed to get back into the current range structure with a quick reaction. It is possible to say that the price will want to go up as long as it does not lose the lower support level of $0.02360 of the range structure.<\/p>\n<p data-sourcepos=\"19:1-19:286\">Seeing closings below the range structure can push the price back to $0.021 and then to $0.018 levels. As long as the range structure does not disappear, the price may want to target the equilibrium zone of the range area, which is $0.032, and then the upper resistance level of $0.041.<\/p>\n<hr \/>\n<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-ligdc-79elbk h-full\">\n<div class=\"react-scroll-to-bottom--css-ligdc-1n7m0yu\">\n<div class=\"flex flex-col pb-9 text-sm\">\n<div class=\"w-full text-token-text-primary\" data-testid=\"conversation-turn-41\">\n<div class=\"px-4 py-2 justify-center text-base md:gap-6 m-auto\">\n<div class=\"flex flex-1 text-base mx-auto gap-3 md:px-5 lg:px-1 xl:px-5 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem] group final-completion\">\n<div class=\"relative flex w-full flex-col lg:w-[calc(100%-115px)] agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"63e02ba9-cc0b-49a4-a61a-59a91946b3b2\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<div>\n<div class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">\n<div class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">\n<p class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram<\/strong>,\u00a0<\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube,<\/strong><\/a>\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a> channels for the latest news and updates.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Memecoin Price Moves! Binance Labs, the investment arm of Binance Exchange, has announced that it has invested in Memeland&#8217;s native token Memecoin (MEME). The MEME price has moved up. Here are the details and important levels for $MEME! You might like: What is MEME Token? Binance Launchpool Project! Binance announced that it has invested in<\/p>\n","protected":false},"author":1,"featured_media":9232,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,2],"tags":[22,1543,61,2213,1332],"class_list":["post-9231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exchange-news","category-news","tag-binance","tag-binance-labs","tag-bitcoin","tag-meme","tag-memecoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Major Exchange Invests in Memecoin! $MEME Price Moves! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Binance Labs, the investment arm of Binance Exchange, has announced that it has invested in Memeland&#039;s native token Memecoin (MEME)\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/major-exchange-invests-in-memecoin-meme-price-moves\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Major Exchange Invests in Memecoin! 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