Deep Dive
1. Post-Binance Alpha Listing Dynamics (Bearish Near-Term)
Overview:
MM surged 248% around its 3 August 2025 Binance Alpha listing and gamified airdrop, but has since retraced 6.7% monthly. The initial 2,126% volume spike (OKX) highlighted speculative interest, yet fading airdrop incentives and high circulating supply (7.8B/30B) now pressure prices.
What this means:
Post-listing sell-offs are common as airdrop recipients take profits. With MM’s RSI at neutral 43-50 and price below 30-day SMA ($0.00448), technicals suggest consolidation risks until new catalysts emerge.
2. Undisclosed Tokenomics Risks (Bearish Mid-Term)
Overview:
Project docs lack clarity on vesting schedules, team allocations, or inflation mechanisms. Historical precedents like Babylon’s post-airdrop 40% drop (Coincu) show how opaque tokenomics amplify selloffs.
What this means:
26B unreleased tokens (87% of total supply) could flood markets unexpectedly. Until MOMOFUN clarifies lockup periods or burning mechanisms, investors may price in heavy dilution risks.
3. AI × Meme Narrative Execution (Bullish Long-Term)
Overview:
As an AI-powered meme-DeFi hybrid on BNB Chain, MM’s success depends on Eliza framework adoption for automated trading. Competitors like Akash surged 900% post-AI product launches, showing narrative potency.
What this means:
Real-world utility (e.g., AI-driven DEX aggregation) could differentiate MM from pure memes. Monitoring developer activity and protocol revenue via platforms like Token Terminal will gauge product-market fit.
Conclusion
MM’s short-term trajectory faces sell pressure from airdrop churn and vague tokenomics, but its AI-DeFi use case offers rerating potential if delivery matches hype. Will Q4 2025 platform upgrades convert speculative traders into long-term users?