Question 1

Why is MLC’s price up today? (24/09/2025)

Accepted Answer

## TLDR  
My Lovely Planet (MLC) rose 2.27% over the last 24h, outpacing the broader crypto market’s -0.76% dip. The move aligns with its 101% 30-day surge, driven by three key factors:

1. **Deflationary tokenomics** – Active supply reduction via buybacks/burns tightens scarcity.  
2. **Exchange-driven momentum** – BingX’s trading incentives fueled short-term speculation.  
3. **Technical breakout** – Price cleared critical resistance levels, attracting traders.

## Deep Dive  
### 1. Deflationary Mechanics (Bullish Impact)  
**Overview:** MLC’s team [announced](https://x.com/MyLovelyPlanet1/status/1948003603026760163) a plan to reduce total supply from 230M to 100M using 2% of in-game revenue for buybacks/burns, following a 34% supply burn in early 2025.

**What this means:**  
- Reduced supply (current circulating: 78.8M) against rising demand creates scarcity premiums.  
- Burns align with 2025’s tokenomics best practices ([NewsBTC](https://www.newsbtc.com/news/company/top-indicators-to-evaluate-tokenomics-in-2025-a-practical-guide-for-crypto-investors/)), attracting protocol-aware investors.

**What to look out for:** Burn execution rate – delays could trigger profit-taking.

### 2. Exchange Catalysts (Mixed Impact)  
**Overview:** BingX’s July 21-25 [Listing Carnival](https://coinmarketcap.com/community/post/365573406) offered 80,000 USDT in rewards for MLC traders, coinciding with a 29% 24h volume spike ($3.5M).

**What this means:**  
- Incentives likely drove speculative trading, but sustainability depends on organic demand post-event.  
- Community chatter about potential Binance listings adds hopium, though unconfirmed.

### 3. Technical Breakout (Bullish Near-Term)  
**Overview:** MLC broke above its 30-day SMA ($0.358) and 200-day EMA ($0.326), with RSI-14 at 63.4 (neutral-bullish).

**What this means:**  
- MACD histogram turned positive (+0.0046), signaling upward momentum.  
- Next resistance at $0.494 (23.6% Fibonacci level), a break above could target $0.577.

## Conclusion  
MLC’s 24h gain reflects a blend of strategic scarcity engineering, exchange-driven liquidity, and technical momentum. While the burn mechanism offers structural support, traders should monitor whether volume sustains post-BingX incentives. **Key watch:** Can MLC hold above $0.444 (38.2% Fibonacci) to confirm bullish continuation?

Question 2

Why is MLC’s price down today? (23/09/2025)

Accepted Answer

## TLDR  
My Lovely Planet (MLC) fell 0.9% over the last 24h, underperforming its 21% weekly and 99% monthly gains. This dip aligns with a 2.3% crypto market decline but reflects localized factors. Here are the main factors:

1. **Profit-taking after rally** – RSI14 at 76 signals overbought conditions, inviting short-term traders to cash in gains.  
2. **Vesting unlock risks** – 34% of supply burned, but 5% initial vesting unlocks at TGE (June 2024) could pressure prices if early investors sell.  
3. **Market-wide caution** – Crypto fear/greed index at 40 (neutral) and altcoin season index dipping 10% weekly reduced speculative appetite.

## Deep Dive  
### 1. Technical Overextension (Bearish Short-Term Impact)  
**Overview:** MLC’s 14-day Relative Strength Index (RSI) sits at 75.93 ([CoinMarketCap](https://coinmarketcap.com)), above the 70 threshold that typically signals overbought conditions. This follows a 113% 90-day rally.

**What this means:** High RSI often precedes corrections as traders secure profits. The price briefly tested the Fibonacci 23.6% retracement level ($0.4947) on September 22 but failed to hold, triggering sell orders.

**What to watch:** A sustained break below $0.48 (7-day SMA) could signal deeper retracement toward $0.444 (38.2% Fib level).

### 2. Vesting Schedule Concerns (Mixed Impact)  
**Overview:** MLC’s [tokenomics](https://whitepaper.mylovelyplanet.org/about-us/mlc-utility-token) include a 3-month cliff post-TGE (June 2024) followed by linear unlocks. While 34% of supply is burned, circulating supply remains at 78M (34% of total).

**What this means:** Early investors who received 5% tokens at listing may be selling portions as the cliff period ends, creating sell pressure. However, the project’s buyback mechanism (2% of repurchased tokens burned) could counterbalance this long-term.

### 3. Macro Market Drag (Neutral Impact)  
**Overview:** The total crypto market fell 2.3% in 24h, with Bitcoin dominance rising to 57.7%. The CMC Altcoin Season Index dropped 10% weekly, signaling capital rotation toward safer assets.

**What this means:** MLC’s -0.9% decline outpaced the market (-2.3%), suggesting relative resilience. However, reduced altcoin liquidity (spot volume down 5.7% monthly) amplifies volatility for low-cap tokens like MLC ($38M market cap).

## Conclusion  
MLC’s dip appears driven by technical cooling after parabolic gains and sector-wide risk aversion, mitigated by strong tokenomics (burn mechanisms, staking utility). **Key watch:** Can the 7-day SMA ($0.483) hold as support amid potential vesting-related selling?

Latest My Lovely Planet (MLC) Price Analysis

Why is MLC’s price up today? (24/09/2025)

TLDR

Deep Dive

1. Deflationary Mechanics (Bullish Impact)

2. Exchange Catalysts (Mixed Impact)

3. Technical Breakout (Bullish Near-Term)

Conclusion

Why is MLC’s price down today? (23/09/2025)

TLDR

Deep Dive

1. Technical Overextension (Bearish Short-Term Impact)

2. Vesting Schedule Concerns (Mixed Impact)

3. Macro Market Drag (Neutral Impact)

Conclusion

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