$HABIBI & $HARAM Token Price Explodes on DEXTools - Meme Coins Defy USA Govt Regulation, Is $WSM Next?
As Saudi Arabia presses ahead with its production cut for crude oil, in a growing showdown with slowing Western economies, meme coin markets have been envigored by the emergence of a new Saudi narrative - boosting the likes of $HABIBI and $HARAM token.
As the Saudi narrative revitalises meme coin markets, a clear winner of the spike in interest emerges in $HABIBI token, which has exploded +440% in the past 24 hours.
A well-defended -47% retracement from the initial pump shook out weak hands, before catching strong support and consolidating in the early hours of this morning.
With a local support zone established price action fired-up again this morning swinging to the upside in a stunning +88% display.
This leaves $HABIBI token price trading at $0.000008007 in an ongoing battle with topside resistance.
Buy pressure remains strong, with 191 buys to 141 sells in the past hour, indicating price could push up and pump further.
Upside targeting is in pure price exploration here, it wouldn't be surprising to see $HABIBI push up to a +1,500% PnL.
Downside risk is minimised, with a strong support level at $0.000004360.
This leaves $HABIBI in impressive bullish poise, as attractive technical structure could see this token skyrocket - inshallah.
Another strong performer that has been revitalised with traction from the Saudi narrative is $HARAM, a coin first launched back on May 14.
In a surprise display, $HARAM pumped +102% - breathing life into meme coin which saw explosive growth earlier in May.
Inevitably, the flood of buy volume was met with a wall of sell pressure from long-term holders relieved after bleed-out price action.
This has driven a serious retracement, with price currently trading at $0.00000000009622, leaving some to
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