Deep Dive
1. Contract Migration (Bullish Impact)
Overview: On 15 August 2025, developers announced plans to migrate MANEKI to a new liquidity pool and contract aimed at improving trading efficiency. While the migration occurred a month ago, recent price action suggests traders are pricing in long-term benefits like reduced slippage and enhanced scalability.
What this means: Liquidity pool upgrades typically reduce price volatility and attract larger traders. With MANEKI’s 24h volume down -38.2% to $3.45M, the market appears to interpret this as a bullish efficiency play rather than a liquidity drain.
What to look out for: Confirmation of completed migration milestones and measurable changes in liquidity depth.
Overview: MANEKI’s 67,780 holders and partnerships with Sheffield United/SSC Napoli (MOEW_Agent) create baseline support. Weekly token buybacks (exact figures undisclosed) help counteract selling pressure.
What this means: Meme coins thrive on network effects – the 99% locked liquidity and decentralized top holders (0.62% concentration) reduce rug-pull fears. However, RSI-7 at 73.08 signals overbought conditions that could trigger profit-taking.
3. Technical Strength (Bullish Short-Term)
Overview: Price ($0.00154) trades above 7-day SMA ($0.00141) and 30-day SMA ($0.00134). MACD histogram turned positive (+0.000016) on 13 September, confirming upward momentum.
What this means: Traders often interpret golden crosses (short-term MA above long-term MA) as entry signals. However, the 200-day EMA at $0.00208 remains a critical resistance level – 35% above current prices.
Conclusion
MANEKI’s rise combines speculative tech upgrades with meme-driven retail momentum, though its 73.08 RSI-7 suggests overheating. The token’s ability to hold above $0.00151 (current pivot point) will test whether this is a sustained breakout or a liquidity-driven pump.
Key watch: Can MANEKI maintain volume above $3M/day post-migration to validate its new liquidity structure?