Crypto Analysis: Stellar Performance Expected for Cryptocurrency FUMO – Price Predicted to Double in 2023

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fumo coin
fumo coin

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$FUMO experienced an impressive start to its life cycle, as CoinMarketCap reports a market cap exceeding $13.3 million. 

Experts are expressing optimism regarding the growth potential of Alien Milady Fumo. The $FUMO token value is believed to double by the end of 2023, making it an attractive investment opportunity for traders and investors seeking significant returns.

Upon its launch on its website at 6 p.m. EST on June 22, 2023, the $FUMO token experienced exceptional demand. In just under three hours, the value of the token skyrocketed to over $60,000, surpassing both the prices of the Unisocks token and Bitcoin. This surge has captured the attention of investors and traders alike.

What is Alien Milady Fumo ($FUMO)

Alien Milady Fumo ($FUMO) is a brand-new meme token launched by the Remilia Corporation, a digital art collective renowned for its innovative NFT projects centered around the Milady brand.

FUMO utilizes blockchain technology to establish a network among all users, enabling them to engage in distributed data storage and processing. This technology ensures the security and decentralization of transactions, thereby enhancing the efficiency of Alien Milady Fumo.

Furthermore, FUMO empowers users with the ability to create and execute contracts without the need for a middleman through smart contracts. This approach guarantees secure, fast, and cost-effective transactions. Additionally, FUMO implements a rewards system that motivates users to actively participate in the platform. 

By facilitating secure transactions without intermediaries, FUMO effectively reduces user costs.

Currently, $FUMO can only be traded on Uniswap and LBank. However, given its price surge of over 7,000% in the past four days, many expect $FUMO to be listed on other major exchanges soon.

Alien Milady Fumo has a restricted total supply, comprising only 300 coins. This limited availability actively contributes to its overall appeal, making it a highly sought-after asset by investors and enthusiasts. However, FUMO token holders have the opportunity to burn their tokens and obtain their very own collectible in the form of MegaSize Alien Milady Fumo.

fumo price according to Coingecko. 6/28/23

As of the current writing, Alien Milady Fumo (FUMO) is being traded at $40,965, with a trading volume of $3,105,726.28 over the past 24 hours. During this timeframe, the price of FUMO has experienced a 9.6% increase. Moreover, over the span of a week, Alien Milady Fumo has observed an overall price increase.

FOMO Price Prediction, FOMO/USD Chart Analysis

FOMO/USD Chart Analysis. Source: Dextools.io 6/28/2023

Since its launch, the FUMO token has been bullish, hitting a high of $69,897. However, the price declined, forming a higher low level at $25,920, giving traders another opportunity to enter the market afresh.

Additionally, the $FUMO price is trading above the 9 and 21 moving averages, which indicates that the price is in an uptrend toward its former resistance levels at $69,897. Furthermore, the relative strength index of the 14 period is neutral, trading slightly below the price at 49. 

Considering the limited supply of only 300 coins, traders have the potential to drive the price up along the bullish trendline. Should the price rebound from the lower bullish trendline, it could soar to reach $69,500.

At the moment FUMO is very volatile. So investors who want some thing which gurantees them high returns should check out yPredit.

FUMO Alternative – yPredict (YPRED)

yPredict stands out with its comprehensive suite of tools, which sets it apart in the crypto industry. This emerging platform ingeniously combines the strengths of Artificial Intelligence (AI) and blockchain technology, offering developers and traders a multifaceted value proposition.

One of its standout features is a diverse collection of 25 chart pattern recognition capabilities, all fueled by its advanced AI model. This empowers users with AI-driven technical analysis, providing valuable insights. Additionally, users can benefit from AI-powered sentiment analysis and an array of other cutting-edge functionalities that enhance their trading experience.

The yPredict presale is in full swing and has already achieved a remarkable milestone by securing $2.6 million in funding. With a swift pace, it is making impressive progress towards its next target of $2.9 million. The enthusiasm from investors is palpable as yPredict continues to gain traction. If it continues at its present rate, it will reach this milestone within a few days. 

YPRED

yPredict is currently in the sixth stage of its presale. At the moment, 1 YPRED token is currently selling at a discounted price of $0.09. This price will, however, increase to $0.01 in the next few days once this presale stage hits its target making this the best time to for investors to buy the tokens.

Subsequently, after the presales concludes, YPRED’s official listing price will be set at $0.12, providing a highly rewarding opportunity for early investors who enter now. Investors can buy YPRED tokens by exchanging them for ETH, BNB, USDT, MATIC, or CARD on the yPredict website.

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