Join Our Telegram channel to stay up to date on breaking news coverage
Haycoin cryptocurrency has gained recognition as the first-ever “meme coin” launched on the Uniswap platform in 2018. Its original deployment was attributed to Uniswap founder Hayden Adams. On October 12, it became tradeable, marking a significant milestone in its journey within the decentralized finance (DeFi) space.
Haycoin’s price gains massively
$HAY Has been Trending On @DEXToolsApp all week
We have also been trending on twitter a few times the past few days$HAY is the strongest narrative ever.
The first ever token, and deployed by @haydenzadams in 2018, just made tradeable by the community for the first time! pic.twitter.com/rSNTBhikHA— Haycoin (@HayCoinERC) October 16, 2023
Haycoin’s price has been increasing in the past few days of its trading session, experiencing a recent surge of over 19% in price and reaching $724,493.44 in total market capitalization. This impressive growth has caught the attention of many cryptocurrency enthusiasts and investors.
Looking at the analysis of the 4-hour timeframe, Haycoin has formed a bullish flag pattern, a continuation pattern. Further bullish continuation towards the $725,000 resistance could be seen if the price breaks above this pattern. Conversely, a break below the $654,000 support could lead to a potential bearish reversal.
Haycoin boasts a market cap of $2.65M, which is relatively small compared to other cryptocurrencies. Its low value per coin makes it an attractive option for new investors looking to enter the crypto market with only 3.49k holders. However, it has established a strong community with an active and engaged following on social media platforms like Twitter and Telegram.
Haycoin price analysis on the hourly chart shows a minor pullback after a recent spike, which could be an opportunity for investors to buy the dip. The RSI indicator also shows the coin is currently pointed downwards, indicating a potential downward retracement before continuing its bullish momentum.
Looking at the Fib retracement levels, the key support levels to monitor for potential buying opportunities are $580,000, $548,000, and $510,000. On the other hand, key resistance levels to watch out for are $680,000 and $740,000. The bearish retracement seen on the hourly timeframe could trigger a pullback toward these support levels before continuing its upward trend.
$652,413 is the key supply level to watch out for, as it could serve as a strong resistance level that might prevent Haycoin from pushing further upwards. However, if the price breaks above this resistance level, we could see a quick bullish move towards $725,000.
Meanwhile, the crypto world is excited for another upcoming debut – TG Casino.TG Casino is a new decentralized casino platform powered by blockchain technology, promising to revolutionize the online gambling industry.
Is TG.Casino the Next Big Thing in Crypto Gambling?
Online casinos have always been at the forefront of adopting new technologies to provide better experiences for their users. One such promising platform is TG.Casino, which is bringing a unique blend of crypto gambling to the popular messaging app Telegram.
New $TGC Titan competition live!
$5k USDT prize pool with daily prizes
See Community TG for full details, info in bio. pic.twitter.com/FspLovm1fJ
— TG Casino (@TGCasino_) October 13, 2023
Recently, TG.Casino made headlines with its token presale event. The presale has crossed the $500,000 milestone and is fast approaching its soft cap of $1 million. This pre-sale event allows early backers to purchase the platform’s native token, TGC, at a fixed price of $0.125. This is an exciting development as it shows the growing interest and trust in the TG.Casino ecosystem [\[source\]](https://kalkinemedia.com/us/business-news/latest/tgcasino-token-presale-passes-500k-milestone-with-upcoming-telegram-powered-platform).
Telegram-Powered Casino
TG.Casino leverages the power of Telegram bots to offer an enhanced customer experience. Through Telegram, players can enjoy anonymous and instant crypto gambling without going through tedious sign-up procedures or KYC verifications. The platform is fully licensed by the government of Curacao, adhering to anti-money laundering and responsible gambling policies.
Once live, TG.Casino will host various games, including slots and classic games like Poker, Blackjack, and Roulette. The platform will also feature a sportsbook with competitive odds from leading providers, enhancing the variety of gambling options available to its users.
The TGC token is not just a cryptocurrency for the platform; it’s an integral part of the TG.Casino ecosystem. Token holders can earn staking rewards and share the casino’s profits through a token buyback mechanism. The buyback mechanism is designed to use a portion of daily profits to purchase TGC tokens from the market and distribute them to stakers, providing a win-win for the community and the platform alike.
TG.Casino is an exciting venture marring traditional online gambling with the latest blockchain technology, opening up new avenues for players and investors in the crypto-gambling space.https://youtu.be/2_qjQmqU2Cc
Buy TGC using one TG with Ethereum (ETH) or Tether (USDT) stablecoin.Casino token going for just $0.125. There will never be another opportunity to get in on the action for a better price than during our presale.
Related News
- Cardano Price Prediction: ADA Bearish Amid Hopes Of A Push North As TG Casino Presale Surges Past $1 Million
- Shiba Inu (SHIB) Price Prediction: Amid a Meme Coin Frenzy, Will SHIB See a 200% Increase While Another Presale Coin Emerges as a Competitor? [TG Casino]
- Pepe Coin Price Prediction: Is PEPE Set to Double Its Value With TG Casino’s Growing Popularity?
Join Our Telegram channel to stay up to date on breaking news coverage
