$PUSS Token Analysis : PUSS Reaction to the BULL Market

badmus-official (74)in PussFi 🐈 • 2 days ago

Hello, everyone! How are you doing? Welcome back to my blog, and thank you for joining me in the PussFi community. Today, let's dive into a detailed analysis of the $PUSS Token Analysis and discuss its progress and retracement, especially its reaction to this bull market presence.

$PUSS Token Analysis

Expecting instant profits from investments is usually unrealistic and this is for those unfamiliar with crypto or memecoins. Our journey is far from over, and market dynamics require patience and understanding.

Over the past 30 days, $PUSS has seen some retracement, and it's time for our next strategic analysis. The key zone to watch is around $0.003. The monthly candle for $PUSS has closed near this range, indicating a significant potential move from this point. My bias remains BUY.

From the previous analysis, $PUSS has been moving within a well-defined range, influenced by significant buy volumes, as shown in the image above. The price has respected this zone, dipped below it, and tapped the next key support level. This indicates a strong area for potential support, marking it as a strategic entry for buying opportunities.

In technical analysis, bullish signs are beginning to be seen for $PUSS. We are just 68% away from canceling one zero from the current price, a goal that is now more achievable than ever.

Introduction to $PUSS

$PUSS is the first-ever meme coin from the Amar Bangla Blog (ABB) Community on the Steemit platform. This token aims to revolutionize our perception of meme coins, delivering a dynamic and entertaining experience for its holders.

$PUSS combines entertainment with utility, making it a standout in the cryptocurrency world, especially in the context of the Steemit social platform.

What is $PUSS?

Unlike typical meme coins, $PUSS is built on the Tron blockchain (TRC-20). It embodies the spirit of the ABB community on Steemit, bringing together bloggers and crypto enthusiasts who value efficiency, fun, security, and trust.

Let's take a look at how the $PUSS price has fluctuated over the past few days.

$PUSS Price 4 Days Ago

$PUSS Price Now

As shown, the price has retraced, tapping into the buy zone multiple times. We are awaiting further buy pressure, but the potential for an upward move remains strong. The $PUSS price could easily rebound to the $0.0035 level, therefore resuming its upward trend. The retracement we've seen is likely just a liquidity grab, gearing up for massive uptrends, In summary, any price weakness from here is a BUY.

What's Unique and New About $PUSS?

1 . CEX Listings
On October 10 at 10:00 AM UTC, $PUSS was listed on the MEXC exchange, one of the major platforms for memes and altcoins. Other listings include Ascendex, and more are in the pipeline. This growth is indicative of growing liquidity and easier trading opportunities for users, with minimal KYC requirements.

2 . Listing on Major Platforms
Discussions are ongoing with exchanges like HTX, KuCoin, and others. Additionally, $PUSS is now listed on BitMart, showcasing the project's steady development and expanding reach.

3 . PUSS Contests
Interesting contests have shown in the World X pillar community, with a grand prize of $550 USD, and also there is a daily burn contest ongoing in the PussFi community.

4 . CoinMarketCap Listing
Being listed on CoinMarketCap adds credibility and visibility, attracting more investors. This listing was a key milestone achieved shortly after the token's creation.

$PUSS is a Community-First Approach Token: - Means that $PUSS is a coin that comes from the ABB community on Steemit, showing the success of group effort, and adding to the fact that it is not just an individual token that was built for pump and dump.

It is a meme coin with utility: The $PUSS token was initially built just for fun according to the founders and creators, but I bet you all can agree with me that it is also useful because the initiative is based on Tron's TRC-20 standard, which equally means that transactions will be quick, safe, and more economical because Tron has one of the cheapest gas fees amongst the top blockchains.

It also has Strong Market Presence: What this means is that this particular coin we are talking about is far and beyond as It is currently listed on Sunswap, and without saying much, we all can see that $PUSS has shown remarkable development thus far.

The current price of $PUSS stands at 0.01728 TRX; the token's price has increased by 4.8%. With liquidity of $340k and a 24-hour trading volume of 16,574.43 TRX, the market cap has crossed below the $4M breakthrough and is currently at $3.0M in total market capitalization. I believe getting to $10M is still just a matter of time, not losing confidence especially here.

$PUSS Tokenomics and Market Insights

Market Cap: $3.0 million

Contract Address: TX5eXdf8458bZ77fk8xdvUgiQmC3L93iv7

Total Supply: 1,000,000,000 $PUSS tokens

Circulating Supply: 1,000,000,000 $PUSS tokens

The $PUSS movement is gaining momentum on the blockchain, with a daily increasing number of users, and the project's confidence is growing daily.

Snapshot of it's 7 days Performance

4 Days Ago Performance

As of November 7, $PUSS had over 34,029 transfers and a market cap of $3.1M. The 24-hour trading volume was up by 15.09%, with solid liquidity at $364.87k, demonstrating strong community backing despite a minor price drop.

Current Performance

By November 12, $PUSS had 36,161 transfers and 3,886 holders (an increase of 90). The market cap has adjusted to $3.0M, but with the retracement, we're positioning for a big leg up. The 24-hour volume decreased slightly, yet liquidity remains strong at $350K.

Join the $PUSS Movement

Meme coins today represent more than hype; they represent community and culture. $PUSS has shown its position as a significant token, thanks to strong market performance and community support. The future looks promising as we anticipate greater participation and growth.

Whether you're an experienced trader or new to meme coins, $PUSS is an opportunity to be part of a transformative movement. You can trade $PUSS on platforms like Sunswap, Poloniex, or MEXC. Join the community, and let's explore the potential of meme coins together!

Links and Resources