- Wiki Cat price has skyrocketed 133% in the past month despite legal headwinds.
- BitMart has issued a Cease and Desist order against WKC founder Sir Mapy, citing defamation and harassment following accusations of listing fraud.
- Despite the controversy, WKC shows bullish technicals with a golden cross, rising SMAs, and a strong ADX, hinting at possible further gains of up to 55%.
Wiki Cat price has risen 133% in a month and 1.6% in the last 24 hours to trade at $0.0000000297 as of 11:10 p.m. EST on a 24% surge in daily trading volume to $183,083.
This price jump occurs as the BitMart Exchange issues a Cease and Desist order on the Wiki Cat project and its founder, Sir Mapy, following a dispute that arose between the two entities on July 24, after Sir Mapy accused BitMart of listing fraud.
Following Sir Mapy’s inflammatory Medium post exposing his interactions with the Exchange dating back to 2023, the Wiki Cat community engaged in an online rampage, mass reporting the BitMart X account as being fraudulent.
The legal letter cites “Defamation, Breach of Confidentiality, and Coordinated Harassment Campaign” as reasons for the Cease and Desist notice. Despite the notice, BitMart indicated they are open to talks if Wiki Cat (WKC) meets the original listing terms.
Wiki Cat Price Shows Strength, Eyes 55% Additional Gains
The chart shows WKC/USDT on a 3-day timeframe, and the price is hovering at $0.000000297871, up +0.00000001445 (+5.08%). Not exactly mooning yet, but the 50-day Simple Moving Average (SMA) at $0.0000001691 and the 200-day SMA at $0.00000011106 are trending upward, signaling some bullish momentum.
On the 1-day chart, the 50-day SMA crossed above the 200-day in September 2024, a classic “golden cross” move that traders love. This could mean the WKC price is currently in a mega bullish trend.
Zooming into the pink-highlighted zone, we see a recent spike with a high of $0.00000039017. The Relative Strength Index (RSI) sits at 61.75, flirting with overbought territory (above 70), so watch for a potential pullback.
The Moving Average Convergence Divergence (MACD) shows a recent bullish crossover with the signal line, hinting at more upside. However, the MACD is currently threatening to cross below the signal line (orange), which could spark bearish momentum.
The Average Directional Index (ADX) at 41.26 suggests strong trend strength, but the recent dip might indicate fading momentum, so investors should keep their eyes peeled.
Can Wiki Cat Price Soar On A Cease and Desist Order?
A cease-and-desist order could spook the market, potentially tanking the Wiki Cat price if the rumors spread further. Historically, such regulatory flexes cause short-term FUD (fear, uncertainty, doubt), but if WKC’s community rallies behind the meme coin, it might shrug this off.
WKC price may go on a near-term dip to $0.00000012180 if panic sells kick in. But if the bulls hold, we could see a climb to $0.00000039017 (recent high) within the next month, especially with that golden cross backing the play.
In the long term, if WKC price dodges the BitMart axe and builds hype, $0.000000055 (a psychological barrier) isn’t off the table by the end of Q3 2025. The chart’s upward trend since late 2024 supports this, but volatility’s the name of the game here.
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