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TIA Token emerged as a prominent player in the cryptocurrency market, securing the 2nd position on DEXTools‘ highly coveted HotPair List. With this impressive feat and the formation of a double bottom pattern on its chart, TIA Token is generating significant buzz. Traders support this, and investors anticipate the potential for remarkable gains of up to 1000% in the near future.
TIA Token’s Core Functions
TIA is a community-first DeFi token with reflection, rebalancing, and burn functions. Each transaction incurs a 10% fee, distributing 5% to token holders, converting 2.5% to LCX Tokens for reserves, and burning 2.5% of TIA Tokens. This deflationary model enhances community participation and value potential.
Tiamonds: Asset-Backed NFTs within the TIA Ecosystem
One notable aspect of the TIA project is the introduction of Tiamonds. The asset-backed non-fungible tokens (NFTs) represent ownership rights to real-world diamonds. These NFTs serve as a tangible and secure way to tokenize valuable assets. They expose investors to the diamond market and its potential returns.
💎🚀 Tokenized diamonds are revolutionizing the investment landscape, offering a secure and accessible way to diversify your portfolio.
Don't miss out on this sparkling opportunity!
Thread 🧵 pic.twitter.com/70lxYGYCgo
— Tiamonds (@Tiamonds) June 28, 2023
The Role of TIA Tokens in Tiamonds and “Own to Earn” Rewards
TIA Tokens play a significant role within the Tiamonds ecosystem. As a holder of Tiamonds, one receives TIA Tokens as rewards over time through the “Own to Earn” model. This incentivizes Tiamond ownership and aligns token holders’ interests with the overall project’s success.
⏱️Special Tiamonds NFT #180 Auction Sale Ends TOMORROW!
🪙Get your hands on the Special Reward of 500’000 $TIA.
Bid Now👉https://t.co/FnVG0AphcF pic.twitter.com/99IuueupHB
— Tiamonds (@Tiamonds) June 19, 2023
The TIA Token serves as the native currency of the TIA ecosystem, enabling community governance and participation. Its deflationary nature and reflection and rebalancing mechanisms aim to create a sustainable and vibrant token economy.
TIA Price Analysis
Several key observations manifest based on the analysis of the three-day chart above for the TIA/WETH pair. Firstly, evidence of a potential double-bottom pattern forming is typically regarded as a bullish signal. This pattern suggests that the price of TIA coin may be on the verge of a significant upward movement.
The formation of the double bottom pattern traces back to December 21, 2022, when the first bottom appeared. After a period of six months, the coin has returned to a similar price level, indicating a potential second bottom. This formation resembles a W-shaped pattern, further reinforcing the validity of the double bottom pattern.
If the cryptocurrency continues to adhere to this pattern, it implies a likely change in price direction toward the upside. Traders and investors should closely monitor the price action for confirmation of this potential trend reversal.
It is important to note that a strong catalyst for a potential price surge could be a short-covering rally. If a significant number of short positions are closed out, it could trigger increased buying pressure, propelling the TIA/ETH pair into a new uptrend. This rally, combined with the bullish double-bottom pattern, has the potential to generate substantial gains of approximately 1000%.
In the past 24 hours, TIA has gained about 278% in value. The total market capitalization of the coin is $2.8M, with total liquidity of $1.03K. During this session’s early trading hours, the coin ranked #2 on daily gainers at DEXTools with a 381% rise in value.
TIA Alternative
Ecoterra is gaining strong support from its community as it surpasses milestones in its presale funding. With over $5.62 million raised so far, the project is poised to tackle environmental challenges on a global scale.
We've achieved a remarkable $100K increase in just 1️⃣ DAY 💰
We have now reached a total of 🎉 $5,500,000 RAISED 🎉
Join the #Presale now before stage 8 ends ⬇️https://t.co/1fYkPOsPYG pic.twitter.com/hmN3Y13V5T
— ecoterra (@ecoterraio) June 27, 2023
The native token, $ECOTERRA, will soon be listed on major exchanges, accompanied by the launch of the Recycle2Earn app later this year. This innovative app allows users to earn $ECOTERRA tokens as rewards by scanning recyclable materials.
Ecoterra’s Recycle2Earn model incentivizes participation in recycling activities, leveraging blockchain technology and the native currency to drive sustainable practices. The platform also offers additional rewards, such as carbon credits with NFTs, to further encourage recycling as a lifestyle choice.
Currently priced at $0.00925, $ECOTERRA is expected to reach its listing price of $0.1 soon. Joining Ecoterra now presents an opportunity to benefit from the potential value growth upon listing.
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