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Investors in Safereum are optimistic about potential profits, especially after sellers encountered resistance at the support level of $0.00007992.
At the time of writing, the token’s value has declined by 28% over the last 24 hours, currently trading at $0.00000829 as of 10:56 a.m. EST.
Additionally, its daily trading volume has dropped by 19%, settling at $6 million in the past day. This leads to speculation: can Safereum realistically see a 300% increase in value?
The $0.00001326 resistance level has led SAFEREUM to experience a bearish sentiment, erasing all the buyers’ profits.
However, the $0.000007992 support level has proven resilient, offering a foundation for the bulls to apply pressure and drive the price towards the resistance level at $0.00001015. At this point, buyers faced rejection, allowing the bears to exploit the situation and push the price back to the previous support level of $0.000007992.
Furthermore, the 50 and 200 moving averages are trading above the price, indicating support for bearish momentum.
The bulls have regrouped at the support level, assuming price control. If the bullish sentiment remains strong, the bulls must overcome the moving average hurdles with the support they have to surpass the resistance barrier.
The relative strength index also shows a rebound above the oversold region of 30, indicating intense buying pressure as it trends upwards at 34.
The price prediction for SAFEREUM suggests a bullish trend bias as the price strives to recover from the bearish outlook, recouping the losses incurred by the buyers. Key resistance levels stand at $0.000007992 and $0.00001156, respectively.
However, should a candlestick open below this support level, the bears could drive the price down to the $0.00006988 support zone.
Meanwhile, investors might consider exploring TGC, a new project in its presale stage. Expert analysts suggest that this coin holds the promise of delivering up to a 100X return for early adopters.
TG.Casino (TGC) Approaches $1 Million Mark
The robust presale and tokenomics of TG.Casino (TGC) are generating excitement within the crypto community.
The TGC presale initiative currently stands just $245,000 short of its ambitious $1 million goal, with a commendable $755,256 already secured. Such impressive figures are drawing investors in droves to their website, a clear testament to the community’s burgeoning faith in the project.
— TG Casino (@TGCasino_) October 10, 2023
The project is introducing a significant innovation by integrating the convenience of Telegram automation into its offerings, transforming Web3 GambleFi with its play-to-earn features and budget-friendly presale projects, and positioning itself as a disruptive force in the Web3 GambleFi sector.
Get TGC, Stake, and Earn High APY
The team behind TG.Casino aims to raise $5 million in the presale, a target that seems poised to be surpassed. Regarding tokenomics, 40% of the project’s tokens are set aside for the presale, with another 20% reserved for staking initiatives.
Additionally, 10% is allocated for marketing campaigns, and 20% is dedicated to liquidity pools. This clear and balanced token distribution strategy has sparked considerable excitement among cryptocurrency enthusiasts.
Investors possessing TGC tokens can currently benefit from an annual percentage yield (APY) of up to 648%. However, the APY will decrease as the presale progresses, highlighting the importance of early participation. Approximately 5.5 million tokens, representing 83% of the 1.2 million total, have already been staked.
TGC has also established a buyback system divided into two categories: 40% of the acquired tokens will be burned, while the remaining 60% will be utilized to reward investors.
Cilinix Crypto, a YouTuber with over 33k subscribers, has bought into the presale and explains how to purchase and stake in the presale phase. He also views the project as a game changer for Web3.
He also thinks that the presale price will increase even after the launch, mainly because 50% of the staked tokens will be locked, potentially aiding the rise of the price. Additionally, TG.Casino is a registered casino, as stated in the terms and conditions on the website.
You can participate in the presale by buying $TGC tokens on the official TG.Casino website.
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