The memecoin No Meme Token (NOMEME), which was inspired by a tweet from Elon Musk, is currently approaching a long-term support level. Despite experiencing significant sell pressure and being around 90% down from last week's highs, some observers still believe that the meme coin could pump. Early investors are hoping that NOMEME can follow in the footsteps of other memecoins like $SPONGE, which secured listings on major centralized cryptocurrency exchanges. If NOMEME were to secure a major exchange listing, it would introduce the cryptocurrency to a brand new audience of potential buyers and could potentially pump its price to retest its all-time highs close to $0.0010.
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