Latest My Lovely Planet (MLC) Price Analysis

Deep Dive

1. Deflationary Tokenomics (Bullish Impact)

Overview: MLC’s team announced a plan to reduce its total supply from 230M to 100M tokens via buybacks and burns, with 34% already eliminated since early 2025. A 2% burn rate applies to all future repurchases using in-game revenue.

What this means: Scarcity mechanics directly counter inflation risks, creating upward pressure as circulating supply tightens. With 78.6M tokens remaining (34% burned), reduced sell-side liquidity could amplify price swings on demand spikes.

What to look out for: Monthly burn updates and in-game revenue metrics to gauge buyback sustainability.

2. Exchange-Driven Liquidity (Bullish Impact)

Overview: The #BingX Listing Carnival (July 21–28, 2025) offered 80,000 USDT in rewards for MLC deposits and trades, correlating with a 214.59% yearly price gain.

What this means: Exchange incentives temporarily boost trading volume and visibility—MLC’s 24h turnover (7.48%) suggests moderate liquidity, but prize-driven participation likely provided short-term buying support.

What to look out for: Follow-up exchange listings (e.g., Binance speculation) or similar campaigns.

3. Technical Strength (Mixed Impact)

Overview: MLC trades at $0.47, above its 30-day SMA ($0.36) and 200-day EMA ($0.33). The RSI-14 (63.4) and MACD histogram (+0.0046) signal bullish momentum but no overbought conditions yet.

What this means: The price faces immediate resistance at the 23.6% Fibonacci retracement ($0.495). A sustained break above this level could target $0.67 (127.2% extension), while failure risks a pullback to $0.44 (pivot point).

Conclusion

MLC’s 24h gain reflects a blend of strategic tokenomics, exchange-driven activity, and technical tailwinds. While the project’s deflationary model and Google-backed credibility (NewsBTC) support long-term upside, short-term traders should monitor the $0.495 resistance.

Key watch: Can MLC sustain volume above $2.7M/day to validate its breakout?

Deep Dive

1. Post-Listing Profit-Taking (Bearish Impact)

Overview: MLC’s BingX listing on 21 July 2025 triggered a 20.65% volume spike ($3.49M), but the subsequent 24h drop aligns with classic “sell the news” behavior after the 30,000 USDT prize pool campaign (CoinMarketCap Community).

What this means: Exchange-driven rallies often attract speculative traders who exit once incentive programs peak. The 13.67% 1h pump preceding the drop supports this pattern.

What to look out for: Sustained volume above $3M could stabilize prices, but further exchange incentives are needed to offset profit-taking.

2. Overbought Technicals (Mixed Impact)

Overview: MLC’s RSI14 hit 75.93 (above the 70 overbought threshold), while its price ($0.443) fell below the 7-day SMA ($0.483).

What this means: High RSI readings historically precede corrections in low-cap tokens like MLC (market cap: $34.9M). However, the 30-day SMA ($0.351) remains a support level, suggesting mid-term bullish structure isn’t broken.

Key threshold: A close above $0.48 (7-day SMA) could reignite momentum.

3. Circulating Supply Risks (Bearish Impact)

Overview: Only 78.8M MLC (34% of total supply) circulates, with 229M tokens eventually entering the market. While 34% were burned in 2025 (My Lovely Planet), investors may price in future dilution.

What this means: Low float amplifies volatility—small sell-offs disproportionately impact price. Until buybacks reduce supply (target: 100M tokens), dilution fears could persist.

Conclusion

MLC’s dip reflects profit-taking and technical cooling after a parabolic 30-day run, compounded by supply concerns. However, Google’s #WeArePlay recognition and AI-driven gameplay updates (23 July 2025) provide fundamental support. Key watch: Can MLC hold $0.35 (30-day SMA) to sustain its longer-term uptrend?