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The Dasha price skyrocketed 42% in the last 24 hours to trade at $0.1474 as of 3.45 a.m. EST on trading volume that skyrocketed 102% to $121.63 million.
Dasha is a native cryptocurrency for a project called vvaifu.fun — a launchpad for on-chain autonomous AI agents. The platform is a simple hub that allows creators to quickly create and launch AI agents. In short, it is the democratization of the next iteration of AI.
We're just getting this AI Agent thing started.
The one stop shop for everything AI x Crypto is on, https://t.co/MmzeKZ5knU 🫸🫷
The @pumpdotfun for AI Agents? With all the features of the number 1 AI consumer app, @character_ai ?
Yeah moon that 📈 pic.twitter.com/Atq0ZWGTUS
— vvaifu.fun (@vvaifudotfun) November 14, 2024
The project emerged to expand on the possibilities of artificial intelligence, as it views the current main use case — static chatbots — to be only the beginning of what AI is capable of. Its goal is to create agents capable of making their own decisions, while learning and iterating as time moves on.
The project became a major hit very quickly, and it captured the attention of AI fans throughout the crypto industry, allowing the Dasha price to skyrocket.
In little over 24 hours, the altcoin’s price went from $0.03661 to $0.2113 — its ATH. However, a resistance at $0.20 was never truly broken, and so it rejected the price back to $0.10, only for it to recover to $0.147, which is where it sits right now.
Dasha Price Prediction
The Dasha price has been rather active in the last 24 hours, skyrocketing to an ATH, only for it to then correct and get cut in half. Since then, the token started recovering, but its new surge was quite rapid, which often suggests that it might be cut short once it reaches a certain level.
The crypto’s Bollinger Bands are one of the technical indicators that suggest great bullish sentiment surrounding the new AI project. DEXTools data shows that the bands have seen massive widening, even though the price drop that followed the ATH caused VVAIFU to separate from the upper band and sink to the lower one.
Since then, the price started recovering toward the middle area between the two bands, but it remains to be seen if its price boost will be enough to push it back to the upper band, which is still far off.
On the other hand is the project’s Relative Strength Index (RSI) value, which spiraled down to the oversold zone in the hours following the ATH. However, soon after coming close to the value of 30, the RSI started surging again, suggesting that opportunity seekers jumped on the chance to buy Dasha at a lower price.
This suggests great optimism regarding the token, or it might simply mean that day traders noticed its potential for growth, and are doubling down on an opportunity to make quick profit. Either way, the RSI started heading back up and has now reached the neutral zone at 50.
At this point, the token could either continue its price surge if the bulls continue to pump it, or it might start another correction if traders take the neutral zone as a signal to start selling. This is something that might happen if traders decide that there is not enough support for the token to keep pushing its RSI to the overbought zone, and its price to the next resistance.
Furthermore, the resistance at $0.15 is likely to be a big barrier for the VVAIFU price to overcome, so that might have an impact on the price performance in the next few hours as well.
Promising Alternative To Dasha
While VVAIFU has great potential for growth, it is still in its early days, and it is currently trying to stabilize. As such, many investors are starting to look into other promising opportunities, such as FreeDum Fighters (DUM).
This is a project that emerged amid the US presidential election, providing a satirical view of the event that took place in early November. It introduced two mechanized combatants — MAGATRON, modeled after Donald Trump, and KAMACOP, modeled after Kamala Harris.
It also created two separate staking pools, one for each combatant. It then invited investors to buy its token, DUM, and use it to vote for one of the two by staking their tokens in the corresponding pool, and earning rewards. Since then, the election has ended, but FreeDum Fighters’ ICO remains ongoing.
However, the project took a turn and displayed its long-term potential by showing that it is about more than just the election. In fact, its goal is to present its community with similar political conflicts and allow them to vote and debate on various matters. The election was only the first of its conflicts, and more political figures will soon enter the fray.
The platform will stick to its two staking pools system, with new figures joining the “parties” that belong to each pool. What’s more, one figure that has already joined is Dark MAGA, represented by Elon Musk, and another upcoming figure that will join MAGATRON’s side is Doge, the personification of the new Department of Government Efficiency in the Trump administration.
In other words, the team at FreeDum Fighters has proven that it has big plans for its projects. Tts ICO has already raised over $594K as well, and is now closing in on the $600K mark. Its token, DUM, sells for only $0.000085 apiece, and it has already sold over 10.2 billion units.
The project has caught the attention of major crypto experts, such as ClayBro — a YouTube content creator who has over 131K subscribers. In one of his videos, ClayBro speculated that FreeDum Fighters has 25X potential. He also said that DUM is one of the greatest PolitiFi tokens to hit the market in the final stretch of 2024.
If you decide to join the project’s ICO yourself, you can buy DUM with ETH, USDT, BNB, USDC, BASE, or SOL, and start playing both sides of the conflict to secure gains for yourself.
Visit DUM’s official website here.
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