Deep Dive
1. Post-Listing Volatility (Bearish Impact)
Overview: MIU surged 75% year-to-date but faced sell-offs after listings on BitMart and Biconomy in July 2025. These events initially boosted visibility but lacked follow-through utility updates, leading to profit-taking.
What this means: Meme tokens often spike on exchange listings but struggle to retain gains without sustained catalysts. MIU’s 24h volume of $1.02M reflects thinning interest post-listing, amplifying downward pressure as traders rotate to newer assets.
What to look out for: Announcements about staking rewards or token burns to counter supply inflation.
2. Technical Resistance (Bearish Impact)
Overview: MIU trades at $0.0000000228, below its 30-day SMA ($0.0000000257) and 200-day SMA ($0.0000000495). The RSI-14 at 40.82 suggests oversold conditions but no reversal confirmation.
What this means: Persistent trading below key averages signals weak buyer conviction. A MACD histogram uptick (+0.000000000566) hints at short-term momentum, but the signal line remains negative, favoring bears.
Key threshold: A sustained break above $0.0000000257 (30-day SMA) could ease selling pressure.
3. Supply Overhang (Bearish Impact)
Overview: MIU’s self-reported circulating supply of 900T tokens creates dilution risks. With a turnover ratio of 0.0498, liquidity is insufficient to absorb sell orders smoothly.
What this means: High supply dilutes price appreciation potential, especially without burns or deflationary mechanisms. The token’s 60-day decline of 45.55% aligns with holders exiting due to inflationary concerns.
Conclusion
MIU’s decline reflects fading listing momentum, technical resistance, and structural supply challenges. While oversold conditions might invite short-term rebounds, sustained recovery likely requires utility upgrades or supply reforms.
Key watch: Can MIU stabilize above its 7-day SMA ($0.0000000228) to prevent another leg down?