Search Inside Bitcoins

Croc Drops 65% on DexTools Trading Platform. Buy The Dip, Or Wave Goodbye?

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Join Our Telegram channel to stay up to date on breaking news coverage

The Croc token just took a big hit on Dextools, falling by 65%. This sudden drop has left investors wondering whether to buy more of the token at its new low price, or to cut their losses and move on.

The token emerged on Dextools, dropping by 65% in the last 24hrs. CROC, which was launched on the market two days ago, appeared on Dextools surging by 3036% to $0.000000001960.

croc price on extols

However, this surge was cut short by a surprising attack on price by the sellers, driving the price down to its support level at $0.000000001411. Investors now wonder whether to buy the dip or abandon the token altogether.

CROC Price Could Break the Upper Bearish Trendline

CROCUSD Price Chart. Source: Dextools.io 12/7/2023
CROCUSD Price Chart. Source: Dextools.io

According to the chart above, CROC price shows a sharp surge upon its launch, reaching its all-time high of $0.000000005364. However, the token faced resistance that drove the price down to almost hit its initial support level. 

With much struggle, the bulls have tried to pressure sellers but are forced to give up, allowing bears to push the prices further. This last move along the upper trendline has allowed the bulls to enter the market strongly as the price has formed a double-bottom pattern.

This pattern signifies that a further price surge is about to take place.

Besides, the CROC has formed a triple top which in trading signifies a change in trend to a bullish trend. With all these outcomes on the price chart, it might be the right time for investors to join and invest in CROC, considering that it’s relatively new and might gain more traction soon.

Conversely, if the price breaks below the current support level, we might see a further drop in price in the short term before the price spikes again.

With the uncertainty of whether to buy the dip or wave goodbye on the Croc token, investors might be interested in joining the Ecoterra platform and buying in their soon-closing presale, giving them great returns on investment.

Ecoterra (ECOTERRA)

Crypto investors still have the opportunity to acquire $ECOTERRA tokens at a discounted rate through the project’s presale. However, time is running out as the presale will end in under 12 hours. Once the presale concludes, the tokens will only be available for purchase on some popular exchanges including LBank, BitMart, or Uniswap, potentially at an elevated price.

On Friday, July 14, $ECOTERRA will be listed on LBank and BitMart. This will allow presale investors to claim their pre-purchased $ECOTERRA tokens, which will also become available for trading on Uniswap, the largest decentralized exchange. With the community buzzing with anticipation of the listing this might push the listing price even higher to a possible 10X.

Ecoterra has received recognition as an award-winning green web3 project, and its presale has garnered significant attention, being touted by analysts as one of the hottest presales of 2023.

The project aims to create a revolutionary platform incentivizing users to adopt environmentally friendly behaviors.

Within Ecoterra’s ecosystem, users will find a groundbreaking Recycle-to-Earn (R2E) platform, which is already open for sign-ups, a carbon offset and recycled materials marketplace, and a sustainability education platform.

Analysts have high expectations for $ECOTERRA, predicting significant upside potential once it is listed on exchanges. The success of the presale, which has raised over $6.16 million, combined with the project’s strong value proposition, contributes to this optimistic outlook.

Potential of $ECOTERRA: A Promising Green Cryptocurrency

$ECOTERRA is a cryptocurrency designed to power the ecoterra platform, offering a range of built-in utilities. While it serves as the platform’s main medium of exchange, holding $ECOTERRA tokens provides additional benefits such as VIP access to real-world events, educational programs, and more.

The development team behind Ecoterra plans to introduce a staking protocol, allowing token holders to generate passive income from their holdings. This feature incentivizes investors to hold onto their $ECOTERRA tokens, adding value to their investment.

With a capped supply of 2 billion tokens, half of which (1 billion) were made available to presale investors, $ECOTERRA aims to strike a balance between scarcity and accessibility. Additionally, a portion of the token allocation is dedicated to ecosystem liquidity, listings and marketing, and corporate adoption, ensuring the growth and sustainability of the project.

Potential Returns on Investment and Growth Trajectory of $ECOTERRA

With the current presale price set at $0.01, the fully diluted market cap for $ECOTERRA stands at $20 million, considering the maximum token supply of 2 billion. Investors should note that participating in the presale of $ECOTERRA tokens before its conclusion comes with an additional advantage – a 10% bonus.

This bonus is applied to the tokens secured during the presale period.

Considering this bonus, the price investors will pay for their presale $ECOTERRA tokens is approximately $0.0091, instead of the initial price of $0.01. This lower effective price further enhances the potential for returns on investment.

Additionally, if the cryptocurrency achieves 10x gains, its market cap will reach $200 million. However, it’s important to note that this is just the beginning.

If Ecoterra establishes itself as one of the leading green projects within the web3 ecosystem, we could witness a remarkable growth trajectory, potentially reaching a multi-billion dollar market cap.

Investors can acquire the Ecoterra tokens by buying directly from the token website using a bank card or swapping their ETH and USDT coins for ECOTERRA.

Related News

Join Our Telegram channel to stay up to date on breaking news coverage

Read next

Please enter Coingecko Free Api Key to get this plugin works