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crypto.news 2025-05-23 09:26:59

Memecoins on the move today: MOODENG, BUILDOn, and MOG rally in double digits

Memecoins on the move today: MOODENG, BUILDOn, and MOG rally in double digits

Memecoins MOODENG, BUILDon and MOG are making waves again, all posting double-digit gains in the past 24 hours and showing bullish momentum. Moo Deng ( MOODENG ) is up 25% in the past 24 hours, currently trading at $0.30, with the trading volume surging by over 130%. The price is now testing local resistance near $0.31, with an eye on the next key resistance at $0.34 — the intraday high from the recent rally. That previous rally began from around $0.03 on May 8 and peaked at $0.34 on May 14, marking a 750% gain in less than a week. After reaching that peak, MOODENG experienced a sharp pullback to $0.17 and then rebounded to $0.30, forming a lower high relative to the $0.34 peak. Now, MOODENG price is once again approaching the $0.34 resistance, suggesting the potential formation of a higher high and a bullish continuation pattern if it breaks through. Momentum is bullish, with the RSI at 66 and MACD line over the signal line and the histogram continuing to print green. That said, signs of waning momentum are starting to emerge: the RSI is sloping downward, and the MACD histogram bars are shrinking. While a push towards the $0.40 and $0.50 is possible — levels that previously acted as breakdown zones in early December — the recent sell pressure and decelerating momentum make the next move less likely to match the explosive 700% rally that MOODENG staged earlier this month. Source: TradingView You might also like: Little Puff crypto hits $13M market cap after 300% surge — what’s behind it? BUILDon ( B ) surged by 20% in the past 24 hours, currently trading at $0.25. Following World Liberty Financial’s purchase of 636,000 B tokens, the memecoin recently staged an 800% rally from the opening price of $0.03 on May 21 to $0.34 the next day, marking over 800% gain in just one day. The coin has since been consolidating, with the local support established at around $0.20. Momentum is still bullish on the 4-hour chart, with the RSI at 57 and the MACD line well above the signal line. However, RSI has flattened and the MACD histogram bars are steadily decreasing. Despite the cooling short-term momentum, B appears well-positioned for further upside, as the project behind the B token is now actively involved in the development of World Liberty Financial’s stablecoin USD1 , having announced that it would support USD1 as a core trading pair. Source: TradingView You might also like: B rises 530% after World Liberty Financial purchased 636k BUILDon tokens Mog Coin ( MOG ) is up 10% in the past 24 hours, currently trading at $0.0000036. The $60 million market cap memecoin recently delivered an impressive rally, climbing from $0.000000658 to $0.000001284 — a 97% gain in just 5 days. After a brief pullback to the $0.00000095 level, MOG bounced again, breaking above the previous resistance at $0.00000128. Now, the price appears to be gearing up for its next move — either a continuation toward a new swing high or a short-term pullback. Technical indicators suggest the latter may be more likely, as the RSI is currently at 72, signaling overbought conditions and a potential cooling-off period ahead. Source: TradingView You might also like: FARTCOIN, POPCAT, MOG up double-digits after Trump tariff pause

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