Doing better than the market
The total crypto market is +0.9% in 24 hours. MEMESTOCK is +13%, 12% better than the market, so part of the move is specific to memestock.
Why is the crypto market moving? →
why / memestock
Why is memestock up today?
memestock (MEMESTOCK) is up 13% in the last 24 hours, trading at $0.00109. That is 12% better than the whole crypto market (+0.9%), so part of the move is specific to memestock. It is now at its highest price this week.
MEMESTOCK 24h+12.68%
Whole market 24h+0.87%
Bitcoin 24h+1.05%
Link to BTC (30d)0.02
Volume vs normal—
signals
What is moving memestock
Strongest signals first.
Highest price this week
MEMESTOCK pushed above its 7-day range (high $0.00104).
Moving on its own, not with Bitcoin
Over the last 30 days, MEMESTOCK's daily moves had a 0.02 correlation with Bitcoin (1 means identical direction). That is low: MEMESTOCK has mostly moved on its own lately, while Bitcoin is +1.0% today.
Bitcoin price →Market mood: Fear (34)
The Crypto Fear & Greed Index reads 34 out of 100, up from 30 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of MEMESTOCK positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring memestock
faq
Questions
Why is memestock up today?
memestock (MEMESTOCK) is up 13% in the last 24 hours, trading at $0.00109. That is 12% better than the whole crypto market (+0.9%), so part of the move is specific to memestock. It is now at its highest price this week.
Will memestock go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: MEMESTOCK is +9.51% over 7 days and −1.39% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, MEMESTOCK's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.