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HarryPotterObamaPacman8Inu, a meme coin encompassing multiple cultural elements, has increased by 50% in the last 24 hours. Can it become the next big meme coin?
HarryPotterObamaPacman8Inu Hits Daily Highs After Multipe Green Candles
HarryPotterObamaPacman8Inu, a token inspired by HarryPotterObamaPacman10nu, launched on August 12th and started to climb the price charts steadily. CoinMarketCap’s all-time chart shows that the token has experienced a 169% uptick since it entered the market, with a significant portion of its growth being due to the interest it generated in the last couple of days.
In the last 24 hours, the token has gone up by 50%. At 1:39 am EST, the token was valued at $0.82 and has witnessed a 59% increase in its daily trading volume.
What is HarryPotterObamaPacman8Inu?
CoinMarketcap explains that HarryPotterObamaPacman8Inu is a meme coin project that has “whimsically” stepped inside the Ethereum blockchain. Fusing iconic characters in a way similar to the other token of the same name – HarryPotterObamaPacman10Inu, this project is said to be interactive, and its intrigue comes from innovative utility and rewards.
“Beyond the enchanting narrative,” HarryPotterObamaPacman8Inu says, “the project will use innovative utilities.”
The overly colorful and animated official website also features a link to Autism testing, where apparently, only answering 40 questions will give you an answer to where on the autism spectrum you lie.
Over utilities include staking, allowing users who hold tokens to access limited edition NFTs and other inclusive features. However, none of them has been revealed yet. There is also talk about multiple online events and creating a dynamic ecosystem.
The official platform also features an HTML5 version of Pacman, giving it a blockchain gaming look – although there is no hint that it supports a P2E ecosystem.
Overall, HarryPotterObamaPacman8Inu seems like a standard meme coin affair. Still, its focus on multiple characters and altruistic motives, which involve donating to autism-related NGOs, may be why this token has started to get so much traction as of late.
HarryPotterObamaPacman8Inu Price Analysis
The platform has a very “loud” design with bright colors and random fonts that don’t clarify what it wants to say. Also, its whitepaper is an empty link with nothing written on it.
Based on this information, we can see that this token is only attempting to capitalize on the currently trending assets. The recent upswing is likely because of its similarity to the HarryPotterObamaPacman10Inu token, which means the token was in the oversold zone when it was forming multiple green candles, which comes as good news at a time when Bitcoin is struggling to push past its $27k resistance.
From a technical perspective, as we looked at its candle chart on DEXtools (the only place hosting it), hourly trends showed that this token was moving quickly and quickly.
During its 41-hour climb, this project went up by 371%. However, red candles have formed since then – pushing this token down, showing that the initial bullish wave is over. Furthermore, its current RSI is in the middle, and the MACD is negative, indicating a lukewarm sentiment.
Wall Street Memes – HarryPotterObamaPacman8Inu Alternative
Wall Street Memes is a meme coin that has made waves during the current presale after raising more than $25 million since introducing its ICO in June 2023.
This project focuses on all types of finance-related memes, which has helped it amass over 1 million followers on social media, including over 260k followers on X (formerly known as Twitter).
Experts say this project has the makings of the best crypto of this year. The presale is also ending soon, making it the right time to visit wallstmemes.com and invest in it as an early mover.
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