MAD Price Jumps 9%, Experts Forecast Parabolic Growth Ahead[embed]https://www.youtube.com/watch?v=JhA2h2SdBuo[/embed]

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</div></div></div><p><span style="font-weight: 400;">The MAD price jumped 32% over the week and increased by 9% in the past 24 hours </span><a href="https://www.geckoterminal.com/solana/pools/DUScoEC6LFHv3F9L6at2tG7BV8LnG3epoNvWpyBDzcKp"><span style="font-weight: 400;">currently trading at $0.00001316</span></a><span style="font-weight: 400;"> as of 02:17 a.m. EST, despite trading volume dropping by 24% to $2 billion.</span></p>
<h2>MAD Price Shows Bearish Trend – A Potential Reversal?</h2>
<p><span style="font-weight: 400;">The price action for MAD indicates a mild downtrend in the long run, yet in the short term, the asset seems to be stabilizing with potential consolidation following a brief increase. The chart suggests a descending wedge pattern, which can frequently indicate a bullish reversal, based on data from </span><a href="https://www.geckoterminal.com/solana/pools/DUScoEC6LFHv3F9L6at2tG7BV8LnG3epoNvWpyBDzcKp"><span style="font-weight: 400;">GeckoTerminal</span></a><span style="font-weight: 400;">.</span></p>
<p><span style="font-weight: 400;">Currently, MAD trades below the 50-day Simple Moving Average (SMA), pointing to a short-term downtrend. However, it remains above the 200-day SMA, indicating potential for upward movement.</span></p>
<p><span style="font-weight: 400;">The current Relative Strength Index (RSI) sits at 47.84, categorizing it in the neutral zone (between 30 and 70). This suggests the asset is neither overbought nor oversold. The RSI is reflecting a slight upward trend, hinting at weakening bearish momentum, although it does not signal a strong buying opportunity yet.</span></p>
<p><span style="font-weight: 400;">If bearish trends persist, utilizing the falling channel formation, MAD's price could decline further, with support anticipated at $0.000010.</span></p>
<figure id="attachment_583008" aria-describedby="caption-attachment-583008" style="width: 1274px" class="wp-caption alignnone"><picture decoding="async" class="size-full wp-image-583008">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Raydium-_GeckoTerminal.com_MAD_2024-10-03_09-17-18.png.webp 1274w, https://insidebitcoins.com/wp-content/uploads/2024/10/Raydium-_GeckoTerminal.com_MAD_2024-10-03_09-17-18-300x129.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Raydium-_GeckoTerminal.com_MAD_2024-10-03_09-17-18-1024x440.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Raydium-_GeckoTerminal.com_MAD_2024-10-03_09-17-18-768x330.png.webp 768w" sizes="(max-width: 1274px) 100vw, 1274px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/Raydium-_GeckoTerminal.com_MAD_2024-10-03_09-17-18.png" alt="MAD Price Chart Analysis Source: GeckoTerminal.com" width="1274" height="548" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Raydium-_GeckoTerminal.com_MAD_2024-10-03_09-17-18.png 1274w, https://insidebitcoins.com/wp-content/uploads/2024/10/Raydium-_GeckoTerminal.com_MAD_2024-10-03_09-17-18-300x129.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Raydium-_GeckoTerminal.com_MAD_2024-10-03_09-17-18-1024x440.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Raydium-_GeckoTerminal.com_MAD_2024-10-03_09-17-18-768x330.png 768w" sizes="(max-width: 1274px) 100vw, 1274px"/>
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<figcaption id="caption-attachment-583008" class="wp-caption-text">MADUSD Chart Analysis Source: GeckoTerminal.com</figcaption></figure>
<p><span style="font-weight: 400;">On the other hand, a bullish trend could emerge if the price breaks above the descending wedge formation and the 50-period MA, particularly with increased volume. In that case, MAD could surge up to the $0.000018 resistance level.</span></p>
<p><span style="font-weight: 400;">Another rapidly increasing project is the new meme coin</span> <span style="font-weight: 400;">Crypto All-Stars (STARS)</span><span style="font-weight: 400;">, which has already surpassed the $1.9 million milestone in its impressive presale.</span></p>
<p><span style="font-weight: 400;">This has led crypto YouTuber Jacob Bury, who has over 42K subscribers, to believe that $STARS could potentially rise by 10X upon its launch.</span></p>
<noscript></noscript>
<h2>Crypto All-Stars Approaches $2 Million – Is It The Best Meme Coin Investment Right Now?</h2>
<p><span style="font-weight: 400;">Crypto All-Stars</span><span style="font-weight: 400;"> has raised over $1.9 million during approximately two months of its ICO, a remarkable achievement in the current subdued market environment.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="11.951612903226">
<p lang="en" dir="ltr">Why Is Everyone Thrilled?</p>
<p>In its initial presale, Crypto All-Stars garnered over $350k! </p>
<p>This early accomplishment indicates that investors recognize substantial potential here. </p>
<p>Could this be the next <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a>? </p>
<p>— web3telepath (@web3telepath) <a href="https://twitter.com/web3telepath/status/1824051738833260654?ref_src=twsrc%5Etfw">August 15, 2024</a></p></blockquote>

<p><span style="font-weight: 400;">Crypto All-Stars offers a groundbreaking feature by allowing popular meme coins such as Dogecoin ($DOGE) and Pepe ($PEPE) to be staked collectively, enabling their holders to earn a unified reward, $STARS, via the MemeVault protocol.</span></p>
<p><span style="font-weight: 400;">Other meme coins eligible for staking on Crypto All-Stars include Shiba Inu, Floki, Brett, Mog Coin, Milady Meme Coin, Turbo, Toshi, Coq Inu, and Bonk, with more to be incorporated in the upcoming months.</span></p>
<p><span style="font-weight: 400;">Additionally, you can earn passively through</span> <span style="font-weight: 400;">the native staking mechanism</span><span style="font-weight: 400;"> which offers an impressive 766% annual percentage yield (APY).</span></p>
<p><span style="font-weight: 400;">You can currently acquire the token at $0.0014769. With a price increase expected soon, act quickly to secure the best price.</span></p>
<p><span style="font-weight: 400;">Purchase $STARS on its official website using BNB, USDT, or a bank card</span><span style="font-weight: 400;">.</span></p>
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