Top Asian Investors Dump Toncoin (TON) and Pi Network (PI) to Acquire This Hidden 5000x Altcoin Priced at Only $0.003333 Cryptopolitan Media | usagoldmines.com
Leading Asian investors are dumping known tokens like Toncoin (TON) and Pi Network (PI) and are now focusing on this unpopular altcoin priced at around $0.003333. This unexpected development has caught the attention of many in the market, raising questions about the potential of this token and why it is predicted to make a big jump.
Demand for $XYZ Surges As Its Capitalization Approaches the $15M Milestone
The XYZVerse ($XYZ) project brings together the world of sports and crypto and has drawn interest from investors across both sectors. Unlike most meme coins, XYZVerse positions itself as a leader with its clear roadmap and an engaged community. The project was recently awarded the Best NEW Meme Project, showing its appeal to the world.
Price Dynamics and Listing Plans
During its presale, $XYZ recorded a commendable growth. Since the launch of the token, it has grown from $0.0001 to $0.003333, with the next stage of presale predicted to push the price to $0.005. The final presale will target the $0.02 price mark which will be boosted by listings on centralized and decentralized exchanges.
At a projected listing price of $0.10 on exchanges, it means that early investors can earn rewards of up to 1,000x their investments. However, this will rely on the project securing the needed market capitalization.
So far, the project has raised more than $10 million, with the presale targeting a milestone of around $15 million. The increased progress has shown that there is strong demand and interest from both retail and institutional investors.
Champions Get Rewarded
In the XYZVerse community, the participants are in charge of its activities. Active contributors are not just participants, as the project provides rewards in the form of airdropped XYZ tokens for their hard work. It is a game where the most dedicated and passionate players earn big rewards.
The Road to Victory
With its solid tokenomics and other activities including, periodic token burns, CEX and DEX listings, and a solid tokenomics, $XYZ is ready for a championship run. With every play, the token has the needed space to strengthen its price while impressing a community of investors who believed in the project as the start of something good.
In the last six months, Pi Network (PI) has shed about 96.3% of its price. In the last month, the price dropped by 99%, with the price posting another 18% drop in the past week. The token is currently trading between $1.21 and $1.70, showing signals of a bearish run.
Despite the price drop, the token has shown signs that its price is about to stabilize. The token’s Relative Strength Index is around 44, showing that it is moving closer to the oversold territory. The token also has a MACD level of -0.01906 which indicates being overwhelmed by the bears. However, its 10-day simple moving average of $1.115 and its 100-day average of $1.34 shows that it is presently around its short-term averages.
PI needs to overcome its current resistance level at $2 before it can make an upward movement. If that were to happen, the token would post a 17% gain from its current price. If the token sustains the momentum, it could face another resistance at $2.50, which would be a 47% increase. On the downside, its nearest support is around $1.01, with a fall below the price pushing the token toward the second resistance at $0.5. Traders are following these trends to predict the next move of the token.
Toncoin (TON)
Toncoin (TON) has registered a commendable price rise over the last few days. In the past week, the price of the token climbed 37%, reaching between $2.56 and $3.93. Despite the price rise, the token has dropped 4% in the last month and 36% in the past six months. The trend suggests that the token could continue to drop in the long term despite investors seeing short-term gains.
According to its technical indicators, the token is showing mixed signals. Its RSI is presently around 61, moving close to the overbought region but still with enough space for growth. The token’s 10-day moving average is $3.58 while its 100-day moving average is around $3.42. The shorter average being over the longer one shows that the bull could be in play soon. The MACD level is presently at 0.0216, which shows that there could be an upward move. The Stochastic is at 44.91, which means that the token is not in the overbought and oversold region.
A future price move might see the token test the resistance level at $4.42, which is 12% above its current price. If the token holds onto its upward moves, it could reach the next resistance level at $5.70, giving investors some gains. However, if the price falls, the next support is around $1.86, a 29% drop below its current price. These levels are important in its price moves and investors would be watching out to determine how to move.
Conclusion
While Pi and TON remain some of the best options in the market, investors have now discovered XYZVerse (XYZ), a new mem coin that integrates sports and the meme culture and is set for growth.
You can find more information about XYZVerse (XYZ) here:
This articles is written by : Nermeen Nabil Khear Abdelmalak
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