Latest MetaCene (MAK) Price Analysis

Deep Dive

1. Profit-Taking After Rally (Bearish Impact)

Overview: MAK spiked 46.65% in July 2025 after Drin Holdings invested $100M in parent company Pangu Software (Coincu). However, the token has retraced 32.37% in 30 days as traders secure gains.

What this means: High-APR staking programs (e.g., 100% APR Phase 2 pool) initially attracted buyers, but unlocked rewards are now being sold. The 24h volume fell 40.85% to $4.2M, signaling reduced demand to absorb these sales.

What to look out for: Sustained trading volume above $5M/day could stabilize prices.

2. Technical Breakdown (Mixed Impact)

Overview: MAK trades below all key moving averages (7-day SMA: $0.00684; 30-day SMA: $0.00864). The 7-day RSI at 30.4 suggests oversold conditions, but the MACD histogram (-0.00016483) shows bearish momentum persists.

What this means: While oversold RSI hints at a potential bounce, the lack of MACD crossover (bullish signal) and Fibonacci retracement resistance at $0.01042 (78.6%) suggest downward pressure may continue.

3. Staking Unlocks & Liquidity Shifts (Bearish Impact)

Overview: MAK rewards from the Season Server (concluded July 8) are being unlocked weekly, with 300,000 MAK allocated to Phase 2 staking (July 28 tweet).

What this means: Linear unlocks increase circulating supply (521M MAK) without proportional buy pressure. The 1.2 turnover ratio (volume/market cap) indicates moderate liquidity, amplifying price swings from selling.

Conclusion

MAK’s decline reflects profit-taking after a volatile rally, technical exhaustion, and staking-related sell pressure. While oversold conditions could invite dip-buying, sustained recovery likely requires renewed institutional momentum (e.g., AI gaming partnerships) or broader altcoin strength.

Key watch: Can MAK hold the $0.00663 Fibonacci swing low, or will breaking it trigger another leg down?

Deep Dive

1. Staking Incentives (Bullish Impact)

Overview: MetaCene launched Phase 2 of its MAK staking pool on July 28, offering a 100% APR reward pool of 300,000 MAK (@MetaCeneGame). Concurrently, users began claiming Phase 1 rewards, incentivizing holding over selling.

What this means: High-yield staking reduces immediate sell pressure by locking tokens, while reward distributions often coincide with strategic accumulation. The 5338% spike in 24h volume suggests traders positioned ahead of the August 26 Phase 2 conclusion.

What to look out for: Whether staking participation sustains post-reward distribution, as unlocked MAK could reverse gains.

2. Strategic Funding Round (Bullish Impact)

Overview: Drin Holdings invested $100M in MetaCene’s parent company on August 7, targeting AI gaming and RWA tokenization (CoinMarketCap). Galaxy Digital’s involvement signaled institutional confidence.

What this means: Fresh capital and partnerships validate MetaCene’s roadmap, attracting speculative bets on its AI-driven metaverse vision. The 46.65% price surge in the 30 days post-annunciation reflects delayed market absorption of the news.

What to look out for: Progress on RWA integration and AI model adoption, which could drive utility-driven demand.

3. Technical Rebound (Mixed Impact)

Overview: MAK’s 7-day RSI hit 20.55 (oversold) on August 24, preceding the rally. The price ($0.00703) now sits above the 7-day SMA ($0.00695), signaling short-term momentum.

What this means: While the MACD histogram (-0.000265) remains bearish, the oversold bounce suggests traders capitalized on discounted entry points. However, resistance looms at the 30-day SMA ($0.00884), 25% above current levels.

What to look out for: A sustained break above $0.0075 (July 18 swing low) to confirm trend reversal.

Conclusion

MAK’s rebound stems from staking-driven supply crunch, delayed reaction to institutional backing, and technical mean reversion. While bullish in the near term, the token faces overhead resistance and post-staking sell risks.

Key watch: Can MAK hold above $0.0075 amid broader market neutrality (Fear & Greed Index: 40)?