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The YAWN price pumped 6% in the last 24 hours to trade at $0.001116 as of 7.15 a.m. EST on trading volume that surged to $5.2 million.
YAWN is a newly-launched meme coin and says it is ”the sleepiest member of the group.” While it was too late to join the Boys’ Club, and regrets it very deeply, YAWN decided to launch his own venture.
The token’s price skyrocketed post-launch, but like other newly launched meme coins it remains volatile. YAWN is currently seeing sharp price movements, which means that traders should be cautious with their short-term trades.
YAWN Price Prediction
Being a newly launched meme coin, YAWN has little in terms of price history to explore, as it has only been live for one day. During this time, however, its price has made a few major leaps, starting at $0.001062 and skyrocketing to the resistance at $0.0020, before correcting to $0.0008523, and once again starting a recovery.
Right now, the YAWN token is 6% higher than its launch price, which means that there is still demand for the token, despite its recent correction.
The waves of volatility are typical for a crypto that has just gone live, with some of the early investors selling their supply to take profit, while others who believe in the project’s mission seeking to buy the dip.
In time, YAWN will stabilize, and continue to grow as its supporters and long-term investors move in to add it to their portfolios. That means that this is a good time to buy, as the token’s price is still low.
Its Bollinger bands are widening at a fast rate, while its Relative Strength Index (RSI) is rising from the oversold zone to the neutral area, currently with the value of 45.08.
If the bulls continue to push, its price could potentially climb back to the resistance at $0.0020, and maybe even go higher than that this time.
There is certainly more than enough room for growth before the RSI climbs back to the overbought zone, which many treat as a signal for selling, so buying now definitely holds plenty of potential for those looking to profit from the token’s price performance.
Promising Alternative to YAWN
While YAWN’s long-term future looks promising and short-term future looks volatile, investors might want to consider a different crypto to invest in as they wait for clearer directional signals.
Some analysts say one of the best options right now is Mega Dice (DICE) — a popular new casino token created by the Mega Dice platform. Its ICO has raised over $1.67 million, which is an impressive figure for a niche token like Mega Dice.
Mega Dice has been around since last year, offering traders to play over 4,000 games while betting their crypto assets. More than 10,000 active customers wager more than $50 million every month.
With the crypto industry’s fast and cheap payments and increased privacy, crypto casinos have been booming. Mega Dice is now adding its own native token, which is where DICE comes in.
Haven’t bought $DICE yet? Follow the link below to buy in a few easy steps – not convinced, view our reasons below ⤵️
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Current Price: 1 $DICE = $0.100254 🚀
Here’s why $DICE is set to become the leading GameFi token, outpacing all… pic.twitter.com/Y3KZDxmkHH
— Mega Dice Casino (@megadice) July 31, 2024
Buying the token will provide the holder with numerous benefits, including daily rewards, staking rewards, access to limited edition NFTs, and even an early bird bonus for those who join the ICO.
Mega Dice is also holding a major $2.25 million airdrop, which was split into three Seasons, each of which was set to distribute $750,000.
While the first two Seasons have ended, you can still join the third one by wagering a minimum of $5,000 during a 21-day period. Crypto YouTuber TodayTrader explained how everything works in detail in one of his videos, which you can check out for extra details.
DICE tokens are currently priced at $0.100254. The token is scheduled to see a price increase in less than 4 days, so interested investors should buy before then for the best deal.
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