Will PALU Become a Viral BNB Meme Coin?

Di-update
October 8, 2025

Jakarta, Pintu News – PALU, a BNB-based meme coin, has set a new record high after gaining the support of Changpeng Zhao (CZ), founder of Binance. With strong momentum and large community support, PALU shows significant potential for further growth.

PALU Price Spike: Impact of CZ Support

PALU, which is a community-driven mascot token, recently gained attention after CZ shared artwork featuring a CZ-themed PALU mascot. This triggered a surge in trading activity and pushed the token’s price to a new peak of $0.0956.

Analysts on X (formerly Twitter) have been actively sharing posts about PALU’s rapid rise, with some stating that accumulation by whales was one of the main drivers. Within hours of the announcement, PALU not only reached a high market value but also attracted the attention of major investors.

A whale was reported to have purchased $100,000 worth of PALU just minutes before CZ made the tweet that went viral. This led to speculation about possible insider involvement, although there is no clear evidence of this yet.

Read also: Apple xStock (AAPLX) Price Today (8/10) Ahead of Apple 17 Series Launch in Indonesia

Technical Indicators and Outlook PALU

hammer ema
Source: BeInCrypto

From a technical perspective, PALU is showing strong bullish signals. The token is trading above the 20-day Exponential Moving Average (EMA), which signals continued demand and positive price momentum. In addition, PALU’s Moving Average Convergence Divergence (MACD) indicator configuration also confirms an increasingly strong bullish bias.

hammer macd
Source: BeInCrypto

Although there is potential for a short-term retracement after the rapid price surge, if PALU can maintain its current trend, it is likely to break the immediate resistance at $0.0751 and return to its peak. However, the risk of profit-taking by investors remains, which could cause PALU’s price to drop to $0.0591.

Read also: Price of 1 Pi Network (PI) in Indonesia Today (8/10/25)

Community Reaction and the Future of PALU

The crypto community has given mixed reactions to this recent event. Some community members are skeptical about the timing of the whale’s purchase and CZ’s tweet, while others are more focused on PALU’s potential as a symbol of humor and art within the Binance ecosystem. PALU has been adopted by traders who view it as a fun symbol of the BNB Chain ecosystem.

With strong support from the community and increased visibility, PALU has the potential to continue growing. PALU’s success also signals significant growth potential for other meme coins in the BNB ecosystem, possibly taking over Solana’s (SOL) position as the top blockchain for such assets.

Conclusion

With strong support from the community and increased visibility, PALU has the potential to continue growing. PALU’s success also signals significant growth potential for other meme coins in the BNB ecosystem, possibly taking over Solana’s (SOL) position as the top blockchain for such assets.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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