MEXC Launches Race to Zero Season 2 with Gold Prizes

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 day ago

Should l Buy SIGN?

Expanded Event Scale: MEXC's Race to Zero Season 2 features a prize pool of up to 2,000 grams of gold, aimed at attracting more participants and solidifying its leadership in the zero-fee trading market.
Surge in User Participation: The first season drew over 130,000 registered users, generating $62.8 billion in futures trading volume and $574 million in spot trading volume, showcasing the platform's strong appeal and market activity.
Early Bird Registration Rewards: During the early-bird registration period from May 12 to 13, users can receive additional race passes, encouraging greater participation and enhancing the overall competitiveness of the event.
Innovative Reward Mechanism: Participants earn race passes by completing tasks, with the top participant eligible for up to 1,000 grams of gold, and every 600 points earned unlocking a lucky draw chance, further incentivizing user engagement and trading activity.

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Technical Analysis for SIGN

Technical Sentiment Analysis for Sign (SIGN). As of , Sign (SIGN) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 2 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SIGN 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 crypto.

Support, Resistance & Moving Averages. From a structural perspective, SIGN 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 $-.

Sign (SIGN) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0133	0.0142	0.0152	0.0161	0.017	0.018	0.0189
Fibonacci	0.0142	0.0149	0.0154	0.0161	0.0168	0.0173	0.018

About SIGN

Sign is building global infrastructure for credential verification and token distribution with two products: 1) Sign Protocol: An omni-chain attestation protocol that powers digital public infrastructure for governments and functions as a foundational layer for decentralized apps. 2) TokenTable: A smart contract-based platform for token distribution, including airdrops, vesting, and unlocks.Founded in 2021, Sign has raised over $30 million from YZi Labs, Sequoia Capital (US, India, China)and other top investors. Sign aims to bring trust to trustless networks and drive for the mass adoption of blockchain technology through revolutionizing information verification and token distribution, utilizing blockchain as a super-sovereign database, and building a decentralized and sustainable community.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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