Current Market Landscape & Recent Developments
Right now, CHEEMS is trading at an incredibly small price of around $0.0000005075, which is about five ten-millionths of a dollar. Over the past 24 hours, it’s actually managed to climb a bit—roughly +0.83%, which isn’t much but at least shows some life.
The market cap sits near $255 million, and since almost all the tokens are already out there (about 203.7 trillion in circulation out of a max of 219.8 trillion), the fully diluted value is pretty much the same.
A few interesting things have happened recently that are worth mentioning:
– Back in early January 2026, CoinMarketCap had a weird glitch that made CHEEMS look like it was worth around $194 billion. Obviously that wasn’t real, and they fixed it quickly, but it definitely made some people nervous about trusting the data out there.
– In mid-2025, the team set up something called the Cheems Foundation. It’s supposed to handle intellectual property, charity work, and community decisions, which makes the project look a bit more serious than just another memecoin.
– They’ve also been teaming up with other projects—like NFT collaborations with BitmapPunks—and working on moving to the BNB Chain to take advantage of lower fees and hopefully get more developers interested.
Technical Indicators & Price Pattern Analysis
When you look at the daily chart, things honestly don’t look great. The RSI (Relative Strength Index) is sitting around 53–54, which means the token isn’t wildly overbought or oversold—it’s kind of stuck in the middle. But the CCI (Commodity Channel Index) is showing a reading near −100, which usually means the momentum is weak or heading downward.
Most of the important moving averages—like the 20-day, 50-day, and 100-day—are all sitting above the current price. That’s a bearish sign because it shows the price is struggling to push back up and reclaim those levels.
Support seems to be hanging around $0.00000090 to $0.00000110, and if that breaks, there’s another weaker support zone near $0.00000070. On the flip side, resistance is up around $0.00000130 or a bit higher depending on which timeframe you’re looking at.
The Average True Range (ATR) shows that volatility is pretty high, meaning the price jumps around a lot during the day, but overall the trend isn’t really going anywhere—it’s more sideways or slightly down.
Momentum & Market Sentiment Signals
When you dig into oscillators like Williams %R, Stochastic, and MACD, the picture gets even more mixed. Some short-term indicators are hinting that a small bounce might be coming, but the MACD on longer timeframes is either flat or slightly bearish, so it’s hard to get excited.
The ADX (Average Directional Index) is showing “medium trend strength,” which basically means there’s some movement but no strong conviction in either direction. It’s like the market can’t decide what it wants to do.
Trading volume is also on the lower side compared to similar memecoins, which means there isn’t a ton of buying pressure to push the price higher.
Price Projection & Potential Scenarios
Short Term (1-4 weeks): Since the price is below key moving averages and oscillators are showing oversold conditions without a clear reversal yet, we might see a modest bounce toward $0.00000120–0.00000130 if buyers show up. But if support around $0.00000070–0.00000090 doesn’t hold, things could get worse and push toward even lower levels—especially if there’s no good news to prop it up.
Mid Term (1-3 months): If the market catches a break and gains some strength, we could see the price test major resistance around $0.00000125–0.00000150. Breaking above that would need consistent volume, good news (like new partnerships, token burns, or ecosystem upgrades), or just a stronger overall crypto market. If momentum stays negative, though, we could easily see a slide back toward $0.00000050–0.00000040.
Long Term (6-12 months): CHEEMS has a long way to go if it wants to reach its previous all-time high of around $0.00000216. Getting there would require real utility, major ecosystem improvements, or a big narrative shift—like getting into gaming, NFTs, or staking in a meaningful way. Without that, it’ll probably just bounce around below $0.00000150, with occasional spikes whenever memecoins get hot again.
Risk Factors & Triggers to Watch
• Lack of development: The project hasn’t shown much in terms of code updates since the contract was renounced. That makes the tokenomics stable, sure, but it also means they can’t really adapt or innovate easily.
• Data reliability issues: That earlier glitch where the market cap got inflated to $194 billion really shook investor confidence. People are more skeptical now about trusting the numbers.
• Overall crypto market health: Memecoins tend to ride the waves of Bitcoin and the broader altcoin market. If macro risks like regulation, interest rate hikes, or economic stress hit, CHEEMS will probably get dragged down with everything else.
• Volume and supply dynamics: With a massive supply of 200-220 trillion tokens, even ongoing burns haven’t been enough to create a supply shock. And since daily trading volume is lower than similar tokens, it’s tough to see where the upside pressure would come from.
