How Is the Price Trend of the COOKIE Coin?

2025-05-09, 09:12

As of May 8, 2025, according to the market data of Gate Exchange, COOK is currently priced at $0.176, with a 24-hour increase of 5.43%, a nearly 30-day increase of 124.91%, and a nearly half-year increase of 712.42%. The current market capitalization of COOK is $91 million, ranking 366th in the entire market. The highest price in history for COOK was set on January 10 this year at $0.846, currently down nearly 80% from the historical high.

COOKIE market analysis

Current market overview

  • Spot price: 0.1755 USDT
  • 24h price movement: 4.90%
  • 24-hour highest price: 0.1812 USDT
  • 24-hour lowest price: 0.1603 USDT
  • Support level: 0.1597 USDT
  • Resistance level: 0.1792 USDT
  • Capital inflow: 6112712 USDT
  • Capital outflow: 4975283 USDT
  • Net Inflow: 1137429 USDT
  • Long/Short Ratio: 2.1:1 (Bullish)

Technical Analysis

  • Bullish signal: MACD shows a golden cross, indicating a possible upward trend in the short term.
  • Bearish signal: RSI indicator shows overbought, BOLL indicator touches upper rail, there may be a pullback.

Trading Strategy Recommendations

Strategy 1: Short-term Long Strategy

  • Direction: Long
  • Entry Price: 0.1760 USDT (close to current price)
  • Stop-loss price: 0.1590 USDT (below the support level)
  • Target price: 0.1800 USDT (approaching resistance level)

Reason: The current market sentiment is bullish, with strong capital inflows, and the MACD golden cross signal indicates the potential for an uptrend in the short term. Choose to enter near the current price, set reasonable stop-loss and target prices to control risks and lock in profits.

Strategy two: Short-term bearish strategy

  • Direction: Bearish
  • Entry price: 0.1790 USDT (approaching resistance level)
  • Stop-loss price: 0.1820 USDT (above the resistance level)
  • Target price: 0.1650 USDT (below support level)

Reason: The RSI indicator shows overbought conditions, and the BOLL indicator has touched the upper band, indicating a possible pullback. Consider entering a short position near the resistance level, set a stop loss to prevent unexpected rallies, and target a price below the support level to aim for profits.

What is Cookie DAO?

Cookie DAO is an infrastructure project related to the AI Agent track and data aggregation, dedicated to providing crucial data support for AI Agents and driving their market share. The core function of the project is to help AI Agents compare and compete in terms of mindshare, market share, etc., by aggregating different data sources. The role of this data layer is to provide valuable inputs that enable AI Agents to operate effectively, especially in generating income and assets in areas such as gaming and the metaverse.

The COOKIE token of Cookie DAO serves as the core of the platform, supporting data aggregation and access through staking and participation in liquidity pools. The token utilizes a deflationary mechanism, with 50% of the tokens being burned and the remaining portion entering the DAO fund, thereby increasing the scarcity of the token and enhancing the long-term value of the project. Cookie DAO also utilizes API interfaces to aid developers and other AI Agents in accessing data. With the further development of AI Agents and the growth in market demand, Cookie DAO is expected to become an important infrastructure similar to Chainlink.

COOK Future Outlook

The COOKIE token will continue to fluctuate in the future, implying opportunities. Although the current price has dropped by nearly 80% from its historical high, the 7-fold increase in half a year highlights its value in the field of AI Agent data infrastructure. The MACD golden cross and net capital inflows indicate short-term bullish strength. Combined with 50% deflationary burning and DAO fund support, scarcity and long-term value are expected to continue to rise. With the explosion of demand for high-quality data in applications such as the metaverse and games, the expansion of the Cookie DAO API ecosystem will drive demand growth. If it can hold key resistance levels and achieve price stabilization, it is expected to consolidate market confidence and drive a rebound.


Author: Icing, Gate.io Researcher
*This article represents only the views of the researcher and does not constitute any investment suggestions. Investment involves risks and users need to make careful decisions.
*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
Share
gate logo
Gate.io
Trade Now
Join Gate.io to Win Rewards