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The Base is for everyone price soared 77% in the last 24 hours to trade at $0.01455 as of 3:25 a.m. EST, with trading volume skyrocketing 75% to $40.43 million.
This comes as crypto exchange Coinbase distanced its blockchain network Base from the Base is for everyone meme coin it shared after the token’s price rose rapidly and then underwent a steep drop.
Coined it: https://t.co/iXmYbZ45xN
— Base (@base) April 16, 2025
“This is not an official Base token, and Base did not sell this token. Base posted on Zora, which automatically tokenizes content,” a Coinbase spokeswoman said.
After BASE was created, it reached a peak market capitalization of $17.1 million and then dropped nearly 90%. However, the token has since made a slight recovery.
Bullish Momentum Stalls As BASE Dips Below Key Support Levels
The BASE price on the 5-minute chart reveals an intriguing narrative of aggressive bullish momentum followed by a short-term pullback.
The Base is for everyone price chart began with a notable parabolic rise, surging from near-zero levels up to a peak at approximately $0.02287, before undergoing a correction phase, as GeckoTerminal data shows.
BASE price action has respected the 0.382 ($0.01414) and 0.5 ($0.01145) retracement levels during its retracement, suggesting strong support in these areas.
The 50 Simple Moving Average (SMA), currently at $0.01514, is sloping upward, reflecting the bullish trend. However, the price of BASE has dipped just below this moving average, signaling that short-term momentum may be reversing or entering a consolidation phase.
Meanwhile, the Relative Strength Index (RSI), currently at 46.67, sits just below the neutral 50 mark. This places the price of Base is for everyone out of both overbought and oversold territory, indicating a lack of strong buying or selling momentum. The RSI’s downward movement from earlier peaks suggests that the bullish momentum has cooled and could open the door for further downside if buyers don’t step in soon.
Base is for everyone Price Prediction
Given the technical analysis, the short-term price prediction leans toward continued consolidation with a slight bearish bias.
If the Base is for everyone price fails to reclaim and hold above the 50 SMA ($0.01514) and the 0.382 Fib level ($0.01414), a test of deeper support at the 0.5 ($0.01145) or even the 0.618 ($0.00875) retracement level becomes increasingly likely.
Conversely, a strong bounce above these levels and a break of the previous high could reinstate bullish momentum.
Meanwhile, investors are piling into a new Bitcoin-themed meme coin called BTC Bull Token (BTCBULL), which will give token holders free Bitcoin.
99Bitcoins, a prominent YouTube channel with over 725k subscribers, says BTCBULL has the potential to soar 10X after launch.
BTC Bull Token Presale Garners Over $4.73 Million, Offers Bitcoin Airdrops
BTC Bull Token is the latest crypto sensation. The new altcoin combines the viral energy of meme coins with the growing optimism around BTC’s future trajectory.
This token is the only meme coin with a rewards system tied to Bitcoin’s price milestones. It unlocks actual Bitcoin for holders when BTC reaches new highs.
The airdrops are initiated at the $150,000 milestone and go live with each new $50,000 increment in the BTC price thereafter.
The idea has resonated with investors, who have pumped over $4.73 million into the project’s ongoing presale.
🚨 $BTCBULL is Live in Upcoming Tokens! 🚨@BTCBULL_TOKEN is a Bitcoin rewards-based meme token that delivers milestone-based airdrops as Bitcoin hits new price levels.
With built-in incentives for buying, holding, and trading, $BTCBULL gives holders a new way to stack BTC.… pic.twitter.com/BMzBHcLltU
— Best Wallet (@BestWalletHQ) February 10, 2025
A huge BTCBULL token airdrop will also await the strongest holders when BTC hits $250,000 for the first time, weighted by the Community Sale purchase amount.
Beyond the Bitcoin rewards, the project will also execute token burns that kick in when BTC reaches $125,000.
BTCBULL token holders have an opportunity to earn passively through the project’s staking platform as well, which offers a massive 87% annual percentage yield (APY).
Investors interested in participating in the presale can visit the official BTC Bull Token website to buy BTCBULL tokens for $0.002465 each using BNB, ETH, USDT, or a bank card.
Buy before a price hike in about 1 day to lock in the best presale rate.
Visit the BTC Bull Token website.
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