In today’s article, you’ll have a chance to learn what Zoomer Coin is. As we progress, we’ll look closer at the official website and socials for the ZOOMER crypto project to determine what it’s all about. We’ll also look at the $ZOOMER token price action and perform some basic technical analysis (TA).
The information about the Zoomer Coin project obtained in this article will help you decide if this new crypto asset deserves your attention. If so, you’ll want to use the resources we’ll share with you throughout the upcoming sections. The most important aspect before getting your moon bag of the ZOOMER token is analyzing the token’s real-time, on-chain performance.
However, even if you conclude that this crypto coin is not your cup of tea, this article holds immense value. After all, we’ll show you how to use Moralis Money to explore any altcoin with potential similar to $ZOOMER.
What is Zoomer Coin?
Zoomer Coin (ZOOMER or $ZOOMER) is one of the latest memetic crypto projects. Just by looking at the above two images, you can see that the ZOOMER crypto coin is a hardcore meme coin.
This newly-minted altcoin lives on the Ethereum blockchain and follows the ERC-20 token standard. Furthermore, it went live on June 30, 2023, via an on-chain transaction executed by the “richzoomer.eth” address.
As you may know, the word “zoomer” informally refers to a member of “Gen Z.” Generally, this generation includes folks born in the late 1990s and the early 21st century. However, according to one of the tweets by @ZoomerCoin, the creators of this coin have a slightly different definition of a zoomer:
As pointed out previously, the project’s official website, as well as its Twitter account, are all about memes, heavy slang, and faded haircuts. Plus, it’s worth pointing out that the project’s Twitter account has been highly active. Moreover, that high engagement could have something to do with the token’s impressive initial price rally.
ZOOMER Crypto Closeup
The ZOOMER crypto coin has a total supply of 69 billion. The Uniswap liquidity has been burned, and the creator of the token’s smart contract renounced its ownership. As such, the project ticks most of the boxes people tend to appreciate in meme coin projects. That said, the token’s smart contract includes a “blacklisted” function and “trading cooldown” – a period before a trader can make another transaction.
Looking at Zoomer Coin’s bubble chart, we can see that the distribution of the token seems quite even. Still, the largest holder is in possession of 3.97% of its total supply:
As a typical memecoin, ZOOMER has no use case. However, as a cryptocurrency, it can be freely traded on Uniswap and stored in any Ethereum-compatible wallet.
Zoomer Coin Price Action
Initially, the ZOOMER token had quite an impressive price rally. Of course, not many traders were able to catch this initial explosive run. However, traders in the know – Moralis Money Pro users – were able to detect this coin’s increasing on-chain moment the second it went live. Those with the courage to get their bags of Zoomer Coin are now sitting on massive profits.
Let’s look at $ZOOMER’s price action more closely in the following price chart:
The above image indicates ZOOMER’s hourly price chart. The latter shows the initial run, followed by a large pullback, followed by a rather steady climb with multiple retracements along the way.
The token started changing hands on June 30, 2023, at the initial price of $0.00000003. It took $ZOOMER only one hour to reach as high as $0.00000915, which is a 300x-plus increase in value. However, following that high, the token pulled back more than 70% and found new support at $0.00000228. This pullback was also a great opportunity for Moralis Money Pro users to enter their ZOOMER crypto trades.
From the aforementioned support, the token rallied all the way up to $0.00005574 for another 20x-plus increase. This is also the point where the token ran out of steam, so a proper cooldown came next. In the upcoming 24 hours, the ZOOMER crypto’s value declined by more than 90%. The crypto found new support in the $0.000004-ish region.
Next, the token gained some momentum again and managed to pump more than 700%. Essentially, from the $0.000004-ish region, $ZOOMER climbed all the way to its current all-time high (ATH) at $0.00007777 in just two days. That was a total 16x increase in value.
$ZOOMER Basic TA
At the time of writing, ZOOMER is in the middle of another 50%-plus correction. The price is currently bouncing on top of the previous resistance at $0.000036-ish. In fact, the bounce from the aforementioned resistance that turned into support was quite powerful. So, the price managed to climb back above another support at the $0.000044-ish level.
Looking at the above image, you can see that $ZOOMER broke down through the uptrend support (blue line). However, the rather important support at $0.000036-ish has managed to hold so far. And the downward wick on the last closed candle is a rather bullish sign. As such, the current levels may continue to hold.
Plus, it wouldn’t be unlikely to see the ZOOMER crypto’s price move sideways for a while, potentially retesting the aforementioned important support at least once more. Use the above image to explore the most significant support (green lines) and resistance (red lines) levels.
So far, you’ve looked at Zoomer Coin’s fundamentals and TA, which can both be useful to some extent. However, if you wish to understand if you should buy $ZOOMER at any moment with confidence, you ought to look at the token’s real-time, on-chain data!
Should I Buy Zoomer Coin?
Let’s first point out that on-chain activity always precedes price action! Accordingly, you can front-run price action by considering real-time, on-chain data. Essentially, a proper tool that provides these kinds of insights enables you to time your trades/investments a lot more effectively.
On-chain data is nothing new – it has always been available to everyone with internet access since the birth of the first blockchain. However, this data comes in a raw format, requiring special skills and time to convert it into meaningful, understandable information.
Over the last two crypto cycles, several on-chain tools have tried to take on-chain data and make it more accessible to users. Many tools succeeded; however, they all forgot about the importance of simplicity. Thus, until 2023, there was no user-friendly on-chain analysis tool available.
Fortunately, at the beginning of 2023, a team of experienced altcoin trades and industry-leading Web3 devs launched the ultimate on-chain tool: Moralis Money. The latter combines the power of on-chain insights and simplicity. Hence, it gives professional and casual traders the edge they need!
One of Moralis Money’s functions comes in the form of token pages. These pages offer an easy-to-use way to explore altcoins’ on-chain metrics. Plus, it includes other useful resources and tools, so it is essentially a one-stop shop for researching the alt in question.
With that in mind, make sure to use the Zoomer Coin ($ZOOMER) token page to determine whether or not you should buy this meme coin. To access this page, use Moralis Money’s search option by pasting the ZOOMER address in the search field. Or, simply use the interactive widget below.
Beyond the ZOOMER Crypto
Whether you decide to buy some ZOOMER or not, it’s worth reminding you that there are countless other altcoin opportunities in the crypto space; you just need to spot them!
Fortunately, Moralis Money’s primary feature is all about finding the best altcoin opportunities early!
By using real-time, on-chain metrics, you get to search for alts with promising potential by simply applying a few filters. However, before we show you how to do that, let’s make sure you all know how big of an opportunity altcoins really are.
Are you aware of the fact that the average altcoin tends to increase in value by 50-70x during a bull market? However, there are many tokens that go on 100x, 1000x, and even larger rallies! Plus, they can do so even in a bear market! After all, you’ve seen $ZOOMER’s chart earlier that clearly indicates its 2000x-plus increase in value, and we’re still in a bear market!
Still, it’s worth looking at some additional examples to help you stretch your “what-is-possible” perception. So, here are coins like MATIC, EGLD, and some others that we spotted before they took off in the last bull run:
Getting a bag of altcoins early and holding it throughout the bull market is a valid and highly profitable strategy. However, with real-time, on-chain data, you can also catch multiple swings along the way. Of course, if your trading skills support that approach.
Plus, you don’t have to wait for the bull market to make large profits. Just look at the 2023 memecoin season that gave birth to many 10x-plus opportunities during the final stages of the bear market. Some of the latest tokens that pumped significantly include SHIDO, BITMEME, PEPE2, Lybra Finance, Kitty Inu, and many others.
Though PEPE’s 100,000x run in just 21 days remains the winner for now:
Start Spotting the Best Altcoin Opportunities with Moralis Money Today!
Now that you know that altcoins offer one of the best opportunities for financial gains, make sure to learn how to spot similar coins like ZOOMER before it’s too late!
The following tips will help you start using Moralis Money’s core features: Token Explorer, Token Shield, and Token Alerts:
- Use the power of the Token Explorer feature to generate your first dynamic list of altcoins with potential in seconds! Just select one of Moralis Money’s preset filters that await you in the tools menu bar:
- To make the most of Token Explorer, you should start running unique queries as soon as possible. And, as you can see in the animation below, this is a very straightforward task. You just need to select the Token Explorer metrics, values, and timeframes:
- Take your time and try working with all Token Explorer metrics; however, the following ones tend to return great results:
- Coin Age
- Market Cap
- Buyers, Experienced Buyers, Experienced Net Buyers
- Security Score
- Save your winning queries and run them on autopilot:
- Whether you find altcoin opportunities manually or on autopilot, make sure to use Moralis Money token pages to DYOR on individual altcoins before entering your positions:
- Search for altcoin opportunities cross-chain (Ethereum, BNB Chain, Polygon, Arbitrum, Fantom, Optimism, PulseChain, etc.)!
No matter how awesome the above tips are, unless you put them to use, they aren’t worth much. So, make sure to visit the Moralis Money homepage and start generating your dynamic lists of altcoin opportunities. You can also get going via the interactive widget below.
Should You Buy Zoomer Coin? On-Chain Price Signals for the ZOOMER Crypto – Summary
We covered quite a distance in today’s article. First, we explained the gist of Zoomer Coin, looked at the ZOOMER crypto’s socials, and the $ZOOMER price chart. As such, you now know that ZOOMER is one of the latest meme coins that experienced quite a massive growth straight from the gate. Plus, you learned how to view ZOOMER’s real-time, on-chain data to determine if it’s a good buy at any time.
In fact, you learned that thanks to Moralis Money, you can explore on-chain insights for many different types of altcoins. However, the real gem of today’s article came in the form of our tips that will help you start finding the best altcoin opportunities with minimum fuss.
As such, start applying those tips today and get ready to make the most of the upcoming bull market!
