Recently, DONKEY, a MEME coin on the BSC chain, has attracted quite a bit of attention. Let's take a look at the current market situation.



The current price is around $0.0017, down 3-4% in the past 24 hours, appearing somewhat weak. But don't rush to conclusions; such tokens are inherently volatile—currently with a volatility close to 28%, short-term adjustments are normal.

More notably, trading activity is quite active. The 24-hour trading volume has reached $4 million, which is relatively high among MEME coins, indicating strong market participation. The market cap remains stable at around $1.7 million, with a circulating supply of 1 billion tokens and no additional issuance pressure.

From a macro perspective, several factors are driving the performance of MEME coins: Bitcoin dominance has risen back to 59%, indicating market recovery, and trending topics on social media are also boosting trading of these entertainment assets. Recent developments in Venezuela have stimulated increased demand for stablecoins and MEME coins. Meanwhile, actions in the African market are expanding the crypto ecosystem—Ghana has completed legalization, injecting vitality into emerging markets. The listing effects on exchanges continue to unfold, with more users from Asia and the Middle East participating.

Technically, in the short term, a correction to around $0.0015 support level is possible. If this level holds, there is room for a rebound. Driven by various catalysts, a 15-20% rebound within a week is expected, approaching $0.002. If the community continues to expand and more exchanges support the token, the long-term goal is to reach the $0.01 level.

Of course, MEME coins are highly volatile and risky. This analysis is for reference only; thorough research and risk management are the most important.
MEME-1,03%
BTC0,34%
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MEVictimvip
· 2h ago
This wave is just another trick to trap new investors. Let's wait and see if 0.0015 breaks or not. Why is it always the same narrative about Africa and Ghana? Feels like they keep making up these macro positive stories every time. A trading volume of 4 million sounds impressive, but in reality, it's just so-so. Where's the real liquidity? $0.01? Dream on, buddy. MEME coins are just for fun, don't take them seriously. The key is whether there are people in the community. Without popularity, even more positive news is useless.
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OffchainWinnervip
· 22h ago
It's MEME coin again. Can this wave really take off? I think 0.0015 won't hold. Wait, a trading volume of 4 million? I thought no one was into it. Honestly, these stories from emerging markets sound impressive, but how long they can be pumped depends on the community. 0.01 is just a dream haha, let's see if it can reach 0.002 first. Feels like another round of the "cutting leeks" scheme. Anyway, I'm not touching MEME anymore. I believe Bitcoin's 59% rebound this wave, but betting on the future with DONKEY? Maybe forget it.
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OnlyOnMainnetvip
· 01-09 00:32
0.0017 still wants to be hyped, it should have dropped long ago --- 4 million in trading volume sounds good, but how long can this heat last? --- Is a rise in Bitcoin dominance necessarily good? I have my doubts --- The meme coin’s storytelling ability is truly top-notch, no one else has this idea like Ghana, Africa --- I believe in a short-term correction down to 0.0015, but a rebound to 0.002 is uncertain --- Another 15-20% expectation, why are these arguments always the same every time? --- Targeting 0.01? Let’s see if it survives this week first --- Circulating supply of 1 billion coins with no issuance pressure? Feels like that statement is a bit loose --- The exchange effect has been hyped for so long, but I have no idea how it actually is --- This wave of market participation is indeed not low, but who exactly are these people?
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GhostAddressHuntervip
· 01-08 15:06
Oh no, it's this kind of coin again... 4 million in trading volume sounds pretty good --- 0.0015 if I can't hold it, I'll run, don't talk about long-term goals --- Bitcoin's 59% dominance, can you believe it? Feels like the market is still in a tug-of-war --- Meme coins are just for fun, don't take them seriously as investments... --- 28% volatility, really only suitable for heart patients --- Ghana legalizing it can push the coin price? That logic is a bit far-fetched --- A 15-20% rebound in a week? I don't believe it, usually the opposite happens --- A market cap of 1.7 million sounds safer, at least it's not a complete trash coin --- A market cap of 1.7 million with no dilution pressure, that's pretty good --- A market cap of 1.7 million with 1 billion circulating coins, this ratio is quite reasonable --- I'll consider jumping in when it drops to 0.0012 --- Community expansion is nonsense, the key is whether there are real applications --- 0.01? Dream on. I think it needs to hold above 0.002 first
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POAPlectionistvip
· 01-08 15:01
Donkey has dropped again, this wave is really a bit bearish... Wait, a trading volume of 4 million is not bad, at least some people are still playing. 0.01 USD? Bro, you really dare to think that haha. Can this crappy coin hold at 0.0015? I'm a bit skeptical. Meme coins are just gambling, I don't believe in any technical analysis. The Africa market joke has been used several times, and every time it's said the same way. I just want to ask, has anyone really made money?
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BearMarketMonkvip
· 01-08 14:59
Is it now or wait at this price of 0.0017? Honestly, I'm not quite sure. To be honest, with a trading volume of 4 million, the data looks decent, but meme coins are like this—today they surge, tomorrow they fall. Bitcoin has returned to 59K; that's a good sign, right? But I'm still watching... The African market movements are quite interesting. Ghana has legalized it; I wonder if that will really boost anything. The target of 0.01 is a bit far off. Let's see if we can hold at 0.0015 first. DONKEY is still too risky; I'll wait for a confirmed signal before taking action. A 28% volatility... how do you even play that? Gotta have a crazy mindset.
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StakeOrRegretvip
· 01-08 14:59
A trading volume of 4 million is pretty good, but I wonder if it will just be another wave of cutting leeks.
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GetRichLeekvip
· 01-08 14:45
0.0015 support level is a buy signal, I bet my kidney it can rise to 0.002 this week If Bitcoin doesn't crash, this wave DONKEY really has a chance, already ambushed, brothers FOMO in and wait for the rebound Price weak? Just a shakeout, on-chain data is right there, 4 million trading volume indicates the whales are accumulating Forget it, again going to lose blood, why do I always buy high... This time is different, I swear Ghana's legalization is really a catalyst for the entire industry, Africa market is about to rise, everyone $0.01? Just kidding, at this pace, conservatively estimated to reach $0.05, but I will definitely chase high greedily at $0.003 and get trapped 28% volatility, what are you afraid of? This is the real opportunity to make big money, if you're timid, don't play MEME coins
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