Fake Eric Trump-themed token is ‘rug in the making,’ says Bubblemaps
Launch of Fake Memecoin: A fake Eric Trump-themed memecoin, ERICTRUMP, launched on Solana's Pump.fun, surged over 6,200% in 24 hours, raising concerns among analysts about a potential rug pull due to suspicious token distribution.
Previous Scam Tokens: The creator of the ERICTRUMP token has previously launched three other failed tokens, indicating a pattern of fraudulent activity, which has heightened vigilance in the crypto community regarding similar scams.
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Technical Analysis for BMT
Technical Sentiment Analysis for Bubblemaps (BMT) As of , Bubblemaps (BMT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BMT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BMT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bubblemaps (BMT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00831 | 0.0114 | 0.0144 | 0.0175 | 0.0205 | 0.0236 | 0.0266 |
| Fibonacci | 0.0114 | 0.0137 | 0.0152 | 0.0175 | 0.0198 | 0.0213 | 0.0236 |
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