Deep Dive
1. 2025 Strategic Expansion (Bullish Impact)
Overview: Mey plans to open offices in Dubai, Malaysia, and Thailand in 2025 to tokenize regional real estate assets (Phase 3 roadmap). Partnerships with local regulators and institutions aim to bridge traditional real estate with crypto.
What this means: Successful expansion could position MEY as a leader in RWA tokenization, a sector projected to grow to $10T by 2030 (CoinMarketCap). However, delays or regulatory friction in these markets (e.g., Thailand’s strict crypto laws) could stall momentum.
2. Extreme Overbought Signals (Bearish Impact)
Overview: MEY’s 7-day RSI hit 98.6 (Sept 2025), far above the 70 “overbought” threshold. Historically, such extremes precede corrections – Bitcoin’s 2021 ATH saw RSI 93 before a 54% drop.
What this means: Short-term traders may take profits, risking a pullback toward $0.051 (78.6% Fibonacci retracement). The 30-day SMA ($0.038) could act as support if sentiment sours.
3. Thin Liquidity Amplifies Volatility (Mixed Impact)
Overview: MEY’s turnover ratio (volume/market cap) is 0.03, lower than Ethereum (0.08) or Solana (0.12), per CoinMarketCap data. Just $1M in sell orders could erase 8-10% of its value.
What this means: Low liquidity magnifies both upside (e.g., +110% weekly gain) and downside risks. A single whale’s move or exchange listing news could trigger 20-30% swings.
Conclusion
MEY’s 2025 expansion offers long-term promise in RWA, but its 426% 90-day rally and shaky liquidity profile invite a near-term reality check. Traders should watch the $0.1187 Fibonacci level – a break below could confirm profit-taking, while holding $0.12 might signal accumulation. Can MEY’s fundamentals grow fast enough to justify its technical extremes?