On February 14th, amid the overall downturn in the crypto market, MOODENG unexpectedly surged, becoming one of the few meme coins to rise against the trend. Data shows that the token increased by approximately 16% over the past 24 hours, while mainstream assets remained in a consolidation phase. Notably, despite shrinking market-wide trading volume, MOODENG’s trading activity significantly intensified, creating a rare divergence between price and volume.
From a capital structure perspective, this rally was mainly driven by derivatives trading. In the derivatives market, MOODENG became one of the top gainers of the day, with liquidation data indicating that both long and short forced liquidations rapidly expanded, and leveraged buying became the core force behind the price increase. Some on-chain data also shows that MOODENG’s trading volume in decentralized liquidity pools within the Solana ecosystem surged significantly, with daily trading volume surpassing $4.6 million. Transaction counts and active addresses increased in tandem, indicating a clear short-term bullish sentiment.
The market enthusiasm is also reflected in the rankings on community and tracking platforms. MOODENG briefly ranked among the top Solana meme coins in terms of attention, alongside popular projects like PENGU, with high discussion volumes, suggesting that speculative capital is rapidly accumulating.
Technically, MOODENG remains in a strong momentum zone, but there is clear resistance at the $0.0558 level. If a short-term pullback to around $0.047 finds support, a retest of the $0.058 area could be possible; once volume breaks through, $0.06 will become the new key target. Conversely, if leveraged funds continue to withdraw, the price may fall back to lower levels.
It is worth noting that funding rates have shown signs of weakening, indicating some traders are beginning to lock in profits. Leveraged-driven markets tend to be volatile and fast-moving, and the future trend will depend on whether more spot buying support emerges. In a high-volatility environment, MOODENG still has potential, but risks should not be overlooked.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
PIPPIN drops 37% as $43 million is withdrawn from the market – What's going on?
In the past 24 hours, the price of PIPPIN has dropped sharply by 37%, matching a decrease of $43 million in open contracts (OI), indicating a wave of large position closures happening in the market.
This significant decline often reflects traders exiting leveraged positions as prices fall. This suggests that a strong wave of liquidation is underway in the market.
TapChiBitcoin33m ago
Arthur Hayes: BTC has not yet decoupled from American SaaS technology companies and may only be a short-term rebound
Odaily Planet Daily reports that Arthur Hayes posted on the X platform stating that BTC (white) has not yet decoupled from the US SaaS technology company (green). This may just be a short-term rebound, and it has not yet moved out of the danger zone. Patience is required.
GateNews43m ago
Pi Network price hits two-week high, protocol upgrade drives 8.5% increase
Pi Network's native token PI rose about 8.5% on March 4th, reaching a nearly two-week high, following the successful upgrade to protocol v19.9. The upgrade aims to strengthen network capabilities and will introduce v20.2 before Pi Day 2026. Despite the short-term increase, the Pi Foundation transferred 60.99 million tokens, which could trigger supply pressure. Technically, PI faces a key resistance level at $0.173.
MarketWhisper1h ago
Gate Institute: Under wartime conditions, BTC's trend remains stable with a slight upward bias, and volatility stays high
According to observations from the Gate Research Institute, the current implied volatility for Bitcoin (BTC) and Ethereum (ETH) are 55% and 74%, respectively, reflecting the options market's high expectations for short-term price fluctuations. Recent negative Delta skew for BTC and ETH indicates increased demand for short-term puts. The Gamma distribution is concentrated around March 13, which could lead to amplified volatility. In terms of large options trades, significant buying activity has been observed for both BTC and ETH.
GateNews1h ago
Bitcoin surges past $74,000! Korean stocks plunge 20% over two days, retail investors returning to crypto becoming a rebound driver?
Bitcoin recently broke through $74,000 and attracted $680 million in ETF inflows within two days, as a sharp decline in Korean stocks prompted retail investors to move funds into the crypto market. Although the market remains optimistic, some experts warn of potential bull trap scenarios and advise caution. Overall, opinions on Bitcoin's upward trend remain divided.
CryptoCity1h ago
Ethereum (ETH) recovers with record OI: What is the market expecting?
Ethereum (ETH) broke above the $2,100 mark during Thursday's trading session, riding the wave of recovery spreading across the cryptocurrency market.
The rally of the largest altcoin in the market is accompanied by a surge in open interest (OI), which now stands at 13.43 million ETH — the highest since January 31.
TapChiBitcoin1h ago
