Housecoin’s explosive rally may be losing steam, as momentum indicators point to a cooling trend following its parabolic 600% surge. Launched in early April on the Solana (SOL) blockchain, Housecoin (HOUSE) is a memecoin satirically positioned as a hedge against the collapsing real estate market, using the tagline “Flipping the Housing Market, One $HOUSE at a Time.” The memecoin has grabbed the spotlight after it had surged over 660% in just 2 days, climbing from $0.010 on March 25 to an intraday high of $0.076 on April 26, marking its ATH.

Housecoin's explosive rally may be losing steam, as momentum indicators on the 4-hour chart point to a cooling trend following its parabolic 600% surge