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Several cryptocurrencies face price fluctuations and bearish markets in the short and long term. However, a few new crypto projects are gaining dramatically in the meme coin space.
The adoption and increased utility of several meme coin tokens are factors driving this growth.
Today, May 20, AGIX, KAVA, AiDoge, Launchpad, yPredict, DLANCE, INJ, ECOTERRA, and SPONGE show tremendous prices and potential price growth soon.
SingularityNET (AGIX)
SingularityNET (AGIX) is up by 7.63% at the time of writing and is trading at $0.2997 today, May 20, 2023.
Although it has faced several ups and downs since joining the crypto market, AGIX has maintained its price while keeping a bullish trend on the historical data.
As a blockchain-powered platform with numerous utilities and solutions, the number of active users on the platform is increasing dramatically, contributing to the price gains of the AGIX token.
AGIX Price Analysis with Technical Indicators
AGIX is trading below its 50-Day Simple Moving Average (SMA), a short-term bearish market representation. However, its price today is higher compared to what it recorded yesterday.
Also, the Relative Strength Index (RSI) is at 51.18, a neutral market position between the oversold zone (below 30) and the overbought zone (above 70).
The Moving Average Convergence/Divergence (MACD) is above the signal line, representing the current bullish market of AGIX. Also, the bold green bars on the histogram suggest the possibility of AGIX gaining more in the coming days.
AGIX is still above its 200-Day SMA. As such, it’s likely to experience a long-term bullish market amid several price fluctuations.
Kava (KAVA)
Kava, a layer-1 blockchain, and its native token, $KAVA, have increased today to $1.024, a 3.79% price increase at the time of writing.
Although the tokens faced a bearish market earlier, $KAVA could potentially gain more prices following the prevalent bullish sentiment of its market.
KAVA Price Analysis with Technical Indicators
KAVA trades above its 50-Day and 200-Day Simple Moving Average (SMA). However, there could be a short-term bearish market as its 200-Day SMA still is above the 50-Day SMA.
If KAVA’s price increases more in the next few weeks, a golden cross could occur on the chart, sending the asset on a bullish run.
KAVA’s Relative Strength Index (RSI) is at 65.69, a neutral market position. However, the RSI line indicates its possibility of entering the overbought region (above 70).
Also, the Moving Average Convergence/Divergence (MACD) is above the signal line. Thus, KAVA’s price growth potential is high.
AiDoge (AI)
$AI’s performance in its ongoing presale sales is surprising. So far, $AI tokens presale is already boasting over $10 million of funds raised.
$AI is the native community-focused token powering the greatest meme-creation platform, AiDoge. The token enables AiDoge users to vote on their favorite memes, buy credits to create memes, and even stake the tokens to earn free credits daily.
AiDoge tokens have reached stage 16 of the presale and are selling out in no time. Currently, 1 $AI is worth $0.000032, but in the next few days, the price will increase to $0.0000324 as it enters the next presale stage.
Meanwhile, the presale has 4 more stages where the tokens price will continue to increase. However, any leftover token after the presale stage will be burned.
Interested investors should now grab as many $AI tokens with their BNB, USDT, ETH, balance, or credit card by visiting AiDoge’s presale site.
Launchpad XYZ (LPX)
Launchpad (XYP) has raised over $528K in its token’s presale. The revolutionary home of everything Web3 provides a reliable solution to all Web3-associated issues, which include navigation difficulties, inaccessibility of new apps and products, and many others.
Launchpad XYZ will make it easy for all new and existing Web3 users to access everything they need to earn in the crypto space, all in one place.
As such, they can simply navigate to crypto games, trading tools, NFT marketplaces, and many others without leaving the platform.
Notably, the platform’s native token, LPX, powers every transaction and activity on the platform, and it’s also utilized for play-to-earn crypto games, community reward programs, NFT rewards, etc.
LPX tokens are still available in presale stage 5, selling for $0.0445. Interested investors should grab this presale price to scoop the tokens before they token reach $0.07 and explore several exchanges.
Following the potential impact of Launchpad in the Web3 space, the project could be a high-investment option to consider.
yPredict (YPRED)
yPredict has reached $1.3 million in its ongoing token presale. Many investors are scooping the tokens quickly to qualify for the paper gains when the tokens list on several exchanges.
yPredict tokens are now in the 5th stage of the presale, with a few days left before the next stage comes. Then, the price will increase to $0.09 by 40%.
The revolutionary crypto project, yPredict, aims at providing a more accurate prediction model for investors and traders to reduce the high rate of losses they face during trading.
With the combination of Artificial Intelligence (AI) and cryptocurrency, yPredict will change how trading is predicted using its state-of-the-art AI-driven features, which include pattern recognition, chart trading, and automated analysis of indicators, transactions, sentiment, etc.
While the tokens are still in the early presale stage, interested investors should maximize their presale price.
At the end of the YPRED presale, it will list at $0.12 on several exchanges. The tokens have only 4 more presale stages left before the tokens list.
DeeLance (DLANCE)
DeeLance token, DLANCE presale has now reached $962,601 since it began, attracting investors with its revolutionary plans and solutions for the freelancing and recruitment sector.
DeeLance aims at revolutionizing how freelancers and employers connect, socialize, and work across the decentralized freelancing platform.
Unlike other freelancing platforms, DeeLance only deducts 2% from its users’ earnings while allowing them to withdraw instantly.
Also, users can own office spaces and put them for lease to earn more on the platform. They can also pay for billboard business adverts in DeeLance’s Metaverse.
Furthermore, all transactions are driven by the platform’s native token, DLANCE, an ERC-20 token that allows users to access numerous services and features on DeeLance.
DLANCE token presale is halfway to the end of presale stage 5 while selling at $0.033. In the next stage, the price will increase to $0.038.
By the end of the presale, DLANCE will list at $0.057 and may potentially spike once it hits various exchanges.
Injective (INJ)
Injective (INJ) is in its bullish market, enjoying a 4.65% price increase at the time of writing. Thus, INJ is trading for $7.2774 compared to its past price.
Injective (INJ) is the crypto powering the Injective Protocol finance blockchain. Due to its interoperability, cutting-edge advancements, and other sophisticating developments, Injective could become the next big layer-1 blockchain in the nearest future.
INJ Price Analysis with Technical Indicators
INJ is trading above its 50-Day and 200-Day Simple Moving Average (SMA), a short and long-term bullish market.
Also, its Relative Strength Index (RSI) is at 55.23, a neutral market position, yet is likely to enter the overbought region (above 70).
INJ’s Moving Average Convergence/Divergence (MACD) is above the signal line, confirming the current bullish trend of the asset.
The bold green bar on the histogram hints at INJ gaining more value in the next few days.
Ecoterra (ECOTERRA)
Ecoterra’s (ECOTERRA) presale has reached a milestone of $4 million so far. It’s a revolutionary green crypto project focusing on making the world an eco-friendly space for all living things.
As such, it uses a Recycle2Earn (R2E) concept to encourage individuals and businesses to participate in environmentally friendly activities while rewarding them with crypto.
The Ecoterra mobile app helps streamline the process for users, enabling them to scan recyclable items and their utility bills.
It also gives them access to purchase recycled products from the Carbon Offset Marketplace on the app to receive crypto rewards in the form of ECOTERRA.
The ECOTERRA tokens are now in stage 7 of the presale, selling off rapidly at $0.00850. By stage 8, in the next few days, the price will spike to $0.00925.
After the presale, ECOTERRA will hit several exchanges at $0.01. Interested investors should grab the tokens now before price spikes.
Spongebob (SPONGE)
Spongebob originated from the popular cartoon Television show Spongebob. The token is now trading at $0.0004531 with a 3.31% price increase at the time of writing.
While there are no clear use cases for the token, its performance since it joined the crypto space is tremendous. Today, May 20, SPONGE is bullish.
SPONGE Price Analysis with Technical Indicators
SPONGE is trading below its 50-Day and 200-Day Simple Moving Average (SMA), indicating a short and long-term bearish market.
Furthermore, the Relative Strength Index (RSI) is 32.39 when writing, indicating a neutral market position, but it could drop further to the oversold region (below 30).
Also, SPONGE’s Moving Average Convergence/Divergence (MACD) is below the signal line. The faded red bar on the histogram represents the slight rising price of the asset.
If SPONGE upholds the gradual price gain, it could trade above its SMAs. For now, the price gain looks unsteady.
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