CandleFocus MICHI monthly gains surpass 66% as whale activity intensifies
2024-10-30
Author: Content Editor
Whales, or large buyers, have started investing in the meme coin MICHI as its monthly gains exceed 66%. The Solana-based token's price broke out from a tight trading range and reached an intraday high of $0.38. Several large transactions were recorded, including a newly funded whale address investing $1.4 million into MICHI. The number of MICHI holders has also surged, with over 36,561 investors holding the meme coin. The token is also edging closer to being listed on prominent exchanges such as Binance and KuCoin. These developments have helped push MICHI's price up over 67% in the last 30 days. Technical indicators also suggest a bullish trend, and a "cup and handle" pattern has formed on MICHI's chart, potentially indicating a strong price rally if confirmed.
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