‘UFC’ Token Goes Viral After Shooting Up 27,000% as New Doge-Themed Coin Attracts $4.3 Million
In the latest Solana meme coin pump, the new meme coin – Ultimeme Fighting Championship (UFC token) – has exploded +27,000%.
This article will provide an analysis of UFC’s current price trends and look to see whether an innovative multi-chain meme coin, Dogeverse, represents a more promising investment opportunity at this time.
Start with $UFC on solana
Ultimeme Fighting Championship awaits you.
CA – 2SS2EUeUNCs2KmtkyHK58fpiFK2US7LrvUtAVEF2yiwG pic.twitter.com/OnOih0rFcQ
— 04444.eth (@04444E) April 15, 2024
Ultimeme Fighting Championship was launched as part of a GameFi project that offers an interactive gaming experience connected with the $UFC token.
As price action consolidates following the aggressive move, Ultimeme Fighting Championship is currently trading at a market price of $0.0015 (representing a 24-hour change of +35,745%).
This comes after UFC launched at just 19:30 UTC on April 14, in an impressive launch that reeled in instant traction (no mean feat against a wider market drawdown!).
The dramatic DEX listing saw UFC climb an almost unimaginable +8,000,000% in just 1.5 hours—yet, in typical fashion, this was a too-good-to-be-true move.
Retracement set in almost as quickly as the pump, and over the subsequent hours, UFC price would sink by a troubling -82% amid a wholesale sell-off by early backers.
A well-defended support zone between $0.0005 and $0.0008 has now set the stage for a potential second run.
Indeed, with under 1,000 holders and a market cap under $500k, the UFC token could represent a strong entry at current levels, with as much as 10x gains still available to entrants at this stage.
Markets are clearly taking notice, with buy pressure now standing at 52% of transactions over the past 6-hours.
But while UFC
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