Things are heating up in the meme coin space again.
Koma Inu (KOMA) is leading the way, jumping 40% in a single day to grab traders’ attention.
But KOMA isn’t the only coin posting gains.
The new meme-themed project Wall Street Pepe (WEPE) has raised $35 million in presale – and some experts believe it could explode after hitting the open market.
How Koma Inu Rallied Over 3,500% in Just Two Months
Koma Inu launched on the BNB Chain in early October, right as meme coins were taking off.
The coin came in hot, calling itself the “son of SHIB and protector of BNB.”
And after a few weeks of treading water, KOMA began rallying.
It’s now up over 3,500% in the past two months and recently hit an all-time high of $0.195 – giving it a market cap above $140 million.
Not bad for a dog coin with no use case.
But what really sent Koma Inu into overdrive was getting listed on Binance Futures on December 10.
Once Binance listed KOMA, other exchanges like BitGet and ByBit quickly followed suit.
Plus, Koma Inu’s team snagged a partnership with DWF Labs, which gave the coin even more of a boost.
KOMA is at the top of the meme coin gainers list this week.
It shows that a mix of timing, strong marketing, and exchange listings can still create a breakout star.
Where Might KOMA be Headed Now? A Look at the Charts
Is now a good time to get into KOMA?
The coin’s technicals suggest it might be.
KOMA bounced off of key support at $0.093 yesterday – a level that has held firm on three occasions.
In addition, the coin broke out of a descending wedge pattern, which suggests that the consolidation period is officially over.
For a hype-driven meme coin, that’s huge.
Adding to the excitement, popular crypto trader @valeriehub_ pointed out that KOMA’s team just burned 5% of the supply – worth around $6.5 million.
Combine that
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Author: Felix Mollen