Affected by the delisting of perpetual contracts on major platforms, ME faces short-term liquidity pressure, with its price fluctuating in the $0.103–0.107 range and prevailing market sentiment turning cautious. In the medium term, the resurgence of MEME tokens has triggered a short-lived increase in ME's trading volume and price; however, after the initial buzz faded, it retraced to around $0.11, indicating that sustained price rises depend on stronger community consensus and practical use cases. Technically, bulls and bears are balanced, with $0.103–0.113 serving as the key range. A breakout above or below this band is likely to dictate further price direction. It's recommended to closely monitor trading volume and community updates—participate after a decisive breakout and prioritize range-bound strategies to mitigate short-term volatility risks.

In mid-April, a major platform unexpectedly delisted ME's perpetual contracts, leading to evident volatility in market sentiment. Although the price did not experience a steep intraday drop, trading volume shrank, reflecting a wait-and-see attitude as some capital stayed away from high-leverage risks. In the short term, the delisting heightened concerns over liquidity and curbed further bullish momentum. Market sentiment turned cautious, with price oscillating in the $0.103–0.107 range.

Coinbase has suspended trading of 25 perpetual futures contracts and automatically settled related open positions at the final settlement price. The delisted contracts include TRB, RARE, NEIRO, A, ME, XTZ, KMNO, RAY, STX, ENS, GMT, SNX, 1000FLOKI, 0G, ORDI, NIL, BIO, UMA, BEAM, INIT, SOMI, EGLD, CLANKER, SOPH, and BIGTIME.

Coinbase delists multiple perpetual contracts

Recently, the MEME market has shown signs of a new wave of recovery, drawing attention to projects focusing on fair distribution and community consensus. As a well-known MEME asset, ME enjoyed a rapid price spike in this environment—with trading volume surging on April 24 and the price briefly exceeding $0.125, demonstrating the strong influence of thematic hype. However, the price subsequently retreated to around $0.11, indicating that the market is digesting the short-term buzz and needs more tangible use cases or community engagement to sustain its upward momentum.

The MEME market is showing signs of recovery, but the dynamics differ from previous cycles. VC tokens have lost value and appeal, while ETH-based MEMEs, exemplified by ASTEROID, represent a new paradigm with fair distribution, strong narrative, and community support, boosted by Musk's influence and real-world events like SPACEX's IPO. Success lies in authentic cultural and emotional connections rather than manipulative schemes, signaling a long-term opportunity for genuine MEME projects.

The MEME market is warming up again. Where are the new opportunities?

On the daily chart, ME has been trading within the $0.105–0.113 range for several weeks. Moving averages are bullish but remain parallel, suggesting a balance between buyers and sellers. A solid hold above $0.105 and a breakout over $0.113 could trigger a renewed rally; conversely, falling below $0.103 calls for caution over further pullbacks. On the macro side, major central banks are maintaining stable interest rates, keeping their effect on risk asset sentiment limited. However, geopolitical and policy uncertainties persist, so the market may continue consolidating in the short term, awaiting direction from new catalysts or a surge in trading volume.

Danske Bank analyst Asger Wilhelm Dalsjo highlights that with the Middle East conflict entering its ninth week, central banks will assess its current and future economic impacts. This week, the Bank of Japan, Bank of Canada, Federal Reserve, Bank of England, and European Central Bank will hold policy meetings. While all are expected to keep interest rates unchanged, their evaluations of the conflict's economic effects will be closely watched, making monetary policy decisions the main market driver.

Analyst: Interest rate decision will be the main market driver, focus on the impact of Middle East conflict.

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Literally Me-hinta: Tämän päivän live ME-hinta | ME-markkina-arvo &amp; kaavioanalyysi | Bybit-eu

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