Deep Dive
1. Contract Migration (Bullish Impact)
Overview: On 15 August 2025, MANEKI’s team announced a migration to a new Solana-based liquidity pool designed to reduce slippage and enable faster transactions.
What this means: Migrations often signal long-term confidence, as they aim to resolve prior technical limitations. The 71.26% surge in 24h trading volume to $3.87M suggests traders are positioning for improved liquidity conditions.
What to look out for: Smooth migration execution – any delays or bugs could trigger profit-taking.
2. Partnership Momentum (Bullish Impact)
Overview: MANEKI secured partnerships with Sheffield United and SSC Napoli football clubs on 14 August 2025, alongside launching physical debit cards tied to its ecosystem.
What this means: Sports collaborations expand brand visibility to mainstream audiences, while debit cards add real-world utility – both rare for meme coins. The project’s 67,780 holders and 99% locked liquidity (source) suggest these moves are deepening community trust.
3. Technical Strength (Mixed Impact)
Overview: MANEKI’s price ($0.00136) crossed above its 7-day SMA ($0.0013246) and 30-day SMA ($0.0013146), a bullish signal. However, the MACD histogram remains negative (-0.000008745), indicating lingering bearish momentum.
What this means: Short-term traders may see the SMA crossover as a buy signal, but the weak MACD convergence suggests caution. The RSI at 50.15 (14-day) leaves room for upward movement before overbought conditions.
Conclusion
MANEKI’s 24h rally reflects a mix of strategic upgrades, partnerships, and technical momentum – rare fundamentals for a meme coin. However, its -67.32% annual return and high volatility (4.70% daily swing vs. 1.46% total market) emphasize speculative risks.
Key watch: Can trading volume sustain above $3M post-migration to confirm bullish conviction?