‘Christ’ Token’s Miraculous 770x Leap Sparks Buzz, Eyes on Next Big Coin to Pump

cryptonews.com:

The meme coin markets on Solana continue to surge, with the latest token, Christ is King, experiencing an astonishing increase of over 770,000% in 24 hours.

This article will provide an analysis of CHRIST’s current price trends, and look to see whether the latest incarnation of Dogecoin, represents a more promising investment opportunity.

$CHRIST

He will return & every knee will bow. He loves you<3#ChristIsKing pic.twitter.com/VR0a2NRIjm

— cryptofink (@cryptoyouthfink) March 28, 2024

CHRIST’s major breakout on Solana meme coin markets comes amid a continued appetite for the latest moon-sh0t, with Christ is King rising dramatically due to sudden viral success on X.

With price action astride lower support, Christ is King is currently trading at a market price of $0.000109 (representing a 24-hour change of -46.84%).

This comes after CHRIST launched at just 19:00 (UTC) on March 26, in a DEX listing that gained almost immediate traction – as the fresh Solana meme coin hammered up +864% in the first few hours.

A strong support level was established above $0.000105, setting the stage for further gains as price exploded due to a sudden influx of more than $500k in trading volume.

Prices rocketed up amid the flurry of interest, and this supercharged price action to fire up a further +1,428% – hitting an all-time high at $0.0011 around 7 AM (UTC) on March 28.

Yet, with early investors sitting atop impressive 770x gains, the retracement was inevitable, and a subsequent sell-off move saw CHRIST tumble -80% to lower support at $0.000105.

In a lengthy, hard-fought consolidation pattern, CHRIST token is struggling to make headway, with buy pressure dwindling to just 36% of transactions over the past hour.

However, with a lowly market cap of