RGT Skyrockets 100% in 24 Hours, Whales Eyeing Promising Crypto Coin – Discover Why 

The Rari Governance Token (RGT) enables holders to participate in governing the Rari Capital protocol. It allows token holders to decide the platform’s future developments and changes. 

RGT holders can propose and vote on governance proposals, including changes to the platform’s parameters, fee structures, and new integrations.

Additionally, RGT holders may receive other benefits within the Rari Capital ecosystem, such as staking rewards or access to exclusive features. 

As a cryptocurrency, the token’s value may be influenced by factors such as the demand for Rari Capital’s services, the platform’s growth, and the effectiveness of its governance system.

It’s advisable to assess the token’s past price action as it plays a vital role in determining the movements in the future.

RGT’s Short-Term Past and Present Price Action

As of June 5, 2023, Rari Governance Token (RGT) was trading at $0.407202 but dropped to $0.393338 on June 7, a level which it maintained for a long period in the market from June 8 to July 2.

However, on July 2, RGT reached a new-month high of $0.902861 and further increased to the $1 level, recording $1.43 on July 4.

Notably, RGT has increased to the $2 level, trading at $2.97 today, July 5, 2023. With its price a few pips away from $3, the coin could taste a new price level before the end of the day.

Nevertheless, the technical analysis of Rari Governance Token on the leading crypto analytics platform, Tradingview, could hit the coin’s next move in the short and long term.

RGT Shows Strong Bullish Future Despite Downward-Facing RSI

The position of the Moving Average Convergence/Divergence (MACD) indicator above the signal line and the bold green histogram bar suggests that RGT could gain new prices in the short term, potentially reaching the $2.3 level before the trade ends.

Additionally, the 50-Day and 200-Day Simple Moving Averages (SMA) are below the coin’s trading price, a short and long-term bullish sentiment.

Furthermore, the Relative Strength Index (RSI) is in the overbought zone of the market (above 70), representing a strong bullish momentum for RGT in the long run.

However, it’s pointing downward, which means sellers are surpassing buyers. If this continues, the RSI could move to the neutral market position or even drop further to the oversold region (below 30).

While RGT surges in the short term, whales are eyeing the new promising crypto, Chimpzee (CHMPZ), and here’s why.

Chimpzee (CHMPZ) – A Revolutionary Eco-Friendly Project

Chimpzee (CHMPZ) is a cryptocurrency that aims to empower individuals to positively impact the environment while saving animals and receiving rewards in crypto. 

This unique project seeks to merge the intelligence and adaptability of humans with the strength and agility of chimpanzees to create a digital asset that stands out in the crypto space.

At its core, Chimpzee (CHMPZ) is built on a decentralized blockchain network, similar to many other digital currencies. However, what sets CHMPZ apart is its underlying philosophy and vision. 

Why Consider Chimpzee?

The project aims to promote environmental conservation, animal welfare, and the protection of natural habitats. By leveraging the power of blockchain technology and cryptocurrency, Chimpzee intends to raise awareness and funds for various initiatives focused on these causes.

The CHMPZ token serves as the native currency within the Chimpzee ecosystem. It can be used for various purposes, such as making transactions, participating in governance decisions, and supporting charitable projects.

The project allocates a portion of the token supply to an ecosystem fund dedicated to financing initiatives related to environmental conservation and animal welfare. This ensures the Chimpzee community actively contributes to causes aligned with the project’s vision.

Additionally, Chimpzee implements innovative features to encourage community engagement and participation. Token holders can stake their CHMPZ to earn passive income through a proof-of-stake (PoS) consensus mechanism. 

This incentivizes long-term holding and reinforces the community’s commitment to the project’s goals. Moreover, Chimpzee incorporates decentralized governance, allowing token holders to propose and vote on key decisions related to the ecosystem’s development and allocation of funds.

$CHMPZ Presale Success So Far

The $CHMPZ token presale has raised $715,697 out of its $864,500 benchmark. On the other hand, it has sold over 1.2 billion CHMPZ so far.

According to the presale widget, 1 USDT is equivalent to 1493 CHMPZ, and the price is $0.00067. In the next few days, the price is set to increase by $0.0007 CHMPZ, and at the end of the presale, the token will list for $0.00185.

Interested investors can purchase as many tokens as they can afford before the price increases. Simply navigate to the presale widget on Chimpzee’s official website and connect your wallet.

For mobile phone users, it’s advisable to use the Trustwallet and Metamask browsers for quick and safe transactions.