Billy’ price, after hitting the support level for the second time this month, bounces +20% in 24 hours. Could it be due to Binance’s X post?
Like many projects on Solana, Billy is another meme coin born from the Pump.fun platform. Shortly after Billy’s launch, the original dev sold all his tokens for just $1,116. At ATH that would be worth nearly $6 million.
As expected, Billy became a CTO and the community quickly took over the project and its social media accounts. In just a month since launch, Billy hit an ATH of $230 million, making it one of the top Solana meme coin.
Billy Is Far From Its Old ATH: Is It Time For A Reversal?
For weeks, Billy’s price continued to drop. More than a month after the old ATH, Billy dropped to an ATL (All Time Low) of $24 million, a 90% drop from the top.
From the chart, it would appear that Billy has finally found bottom and support around the $0.026 level. The first resistance for Billy instead seems to be the $0.044 level.
Binance Africa Mentions Billy On X – Just A Coincidence Or a Clue?
Gm gm.
Touch grass with #Binance dog pic.twitter.com/b3epi74EBl
— Binance Africa (@BinanceAfrica) August 28, 2024
Maybe this post is just a bold move by some Binance intern, or maybe not. The fact is that since the post, Billy’s price has continued to rise despite Bitcoin’s fall below $60 thousand.
The last time the Binance account interacted with Billy On X, the price went from $7 million to $230 million. Could history repeat itself and go even further?
The Olympics Continues With The Meme Games
The Meme Games (MGMES) keep the Olympic spirit alive. While the Paralympics are being held in Paris, the Meme Games are being celebrated here in the crypto world!
The “athletes” in this case are the top five major meme coins: Dogecoin, Pepe, Dogwifhat, Brett, and Turbo. Each represents a country in the Olympics.
All you have to do to participate in the games is:
- Purchase $MGMES tokens to enter your competitor.
- Select the meme athlete you want to compete with.
If your athlete wins its Meme Games event, you will earn a 25% bonus on token purchases. Each meme athlete has a 20% chance of winning, and those who don’t win can participate in multiple races to improve their odds.
The Meme Games presale ends on September 8, 2023, coinciding with the closing ceremony of the Paralympics. $MGMES will launch on DEX on 10th September 2024. The price in this phase is 1 $MGMES = $0.00935 before the next increase.
Investors can also buy and stake their tokens to contribute to The Meme Games staking pool and earn a 481% APY.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
