Ethereum returned to focus after BitMine added another 18,271 ETH worth about $64.6 million to its holdings, helping the token trade back above $3,600. Some market participants interpreted the purchase as a sign of continued interest from large holders, although broader sentiment can change quickly. As Ethereum strengthens, traders are also paying attention to smaller, early-stage crypto projects and token sales.
That interest has included discussion around early-stage token sales and newly launched tokens. While Solana and Ethereum remain among the larger, more established networks, some traders also monitor newer projects such as MoonBull ($MOBU), which is conducting a token sale and advertising a staking program.
MoonBull ($MOBU): Token sale and staking claims
MoonBull ($MOBU) is a community-focused token built on Ethereum, according to the project’s public materials. The project advertises a staking feature with a stated 95% annual percentage yield (APY). Such figures are typically subject to change and depend on program rules, token supply dynamics, and market conditions.
The project also states that staking can reduce circulating supply by encouraging holders to lock tokens. Whether that affects price, liquidity, or volatility is uncertain and can vary widely across tokens.
MoonBull’s token sale has been promoted with figures such as its current stage price and amounts raised, though these details should be verified independently via official disclosures and on-chain data where possible. As with any early-stage token, participants face risks including limited liquidity, smart-contract vulnerabilities, and rapid price swings.
Solana Stages a Comeback – Traders Watch Potential “Death Cross” Signal
Solana has shown signs of recovery after weeks of selling. The token has rebounded from its lows, climbing back toward the $169 area after dipping below $160 earlier this month. Traders are watching closely for a possible “death cross” on the daily chart, which occurs when the 50-day moving average drops below the 200-day moving average. Solana has been trading below the $180–$185 resistance zone; some technical analysts view a move above that range as a potential shift in short-term momentum. The RSI has improved from recent lows, and trading volume has increased, though indicators can change quickly.
This rebound follows a drop from Solana’s mid-October highs, when it briefly lost support near $200. A push above $185 could bring $200 back into focus for traders, while a move back below $160 would be watched for additional downside risk. Solana remains closely followed among large-cap assets due to its speed, scalability, and developer activity.
Ethereum (ETH) Price Reclaims $3,600 as BitMine Buys Another 18,271 ETH
Ethereum moved back above $3,600 after BitMine purchased another 18,271 ETH worth about $64.6 million. The transaction was reported by Whale Insider and was said to have moved from Kraken to a BitMine-linked wallet. The activity coincided with a rise in short-term trading volume, which some participants associated with renewed institutional attention, though volume can be influenced by many factors.
BitMine’s chairman, Tom Lee, described Ethereum’s recent dip as a “discounted gift,” a view that reflects personal opinion rather than a forecast. As of November 10, Ethereum hit an intraday high of $3,656 after trading near the $3,000 level earlier in the month. Ethereum continues to play a central role in decentralized finance and smart-contract activity, but price outcomes remain uncertain.
Final Thoughts
Recent moves in Solana and Ethereum have drawn attention back to the broader crypto market, while discussions around early-stage token sales have continued in parallel. MoonBull ($MOBU) is one of the newer projects being mentioned in that context, largely due to its advertised staking program and ongoing token sale.
Early-stage tokens can carry significant risks, including limited track records, changing tokenomics, and uncertainty around liquidity and exchange listings. Anyone evaluating such projects may want to review primary sources and technical documentation and consider the risk of total loss.
Project links (for reference):
Website: Visit the Official MOBU Website
Telegram (project channel): t.me/MoonBullCoin
X (project account): Follow MOBU ON X (Formerly Twitter)
Frequently Asked Questions about early-stage token sales
Which meme coin to buy?
This outlet does not provide recommendations on which tokens to buy. Meme coins and other early-stage tokens can be highly volatile and may have limited public information. Consider reviewing project documentation, contract details, liquidity conditions, and independent reporting before making decisions.
How to find early-stage token sales?
People typically discover early-stage token sales through project websites, social channels, and third-party trackers. If reviewing a token sale, it can help to look for clear disclosures on token supply, allocation, vesting, smart-contract addresses, and any third-party security reviews, while keeping in mind that disclosures can be incomplete or misleading.
Do meme coins have a future?
Some meme coins persist due to community interest and liquidity, but many also fade quickly. Outcomes depend on factors such as ongoing development, exchange access, market conditions, and community engagement.
What is the best token sale to invest in 2025?
There is no objective “best” token sale, and performance cannot be predicted reliably. If considering any token sale, assess the project’s disclosures, technical risks, distribution structure, and potential conflicts of interest in promotional material.
How to pick a good meme coin?
Common due-diligence steps include reviewing token distribution, smart-contract permissions, liquidity arrangements, and whether key claims are verifiable. No checklist eliminates risk, and meme coins can remain speculative even when information is available.
Glossary of Key Terms
- Token sale: A sale of tokens prior to, or alongside, a public market launch.
- Staking: Earning rewards by locking tokens under a protocol or program’s rules.
- Liquidity Locked: A mechanism intended to restrict access to liquidity for a set period; details vary by project.
- Token Burn: Permanent removal of tokens from circulation; effects on price are uncertain.
- Referral Bonus: A marketing incentive that may reward referrals; terms and risks should be reviewed carefully.
Article Summary
Ethereum moved back above $3,600 following a reported purchase by BitMine, while Solana traders continue to watch key resistance levels and moving-average signals. Separately, MoonBull ($MOBU) has attracted attention as an early-stage token sale that advertises a staking program, though readers should verify project claims and consider the elevated risks typical of new tokens.
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.
