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TATE 2.0, DOBBY, and SAITAMA 2.0 are among altcoins that surged as the crypto market celebrated Ripple Labs Inc.’s landmark legal win against the Securities and Exchange Commission yesterday.
The trend has piqued the interest of crypto enthusiasts, who wonder whether these these coins are top contenders or scams.
TATE 2.0 Price Movement
TATE 2.0 is one of the notable altcoins built on the Ethereum blockchain. Ethereum, renowned for its smart contract functionality and decentralized applications, is the foundation for TATE 2.0’s underlying technology.
TATE 2.0’s price rocketed more than 30,000%, in the past 24 hours, taking the coin to a new high of $0.00001777, according to Gecko terminal. Unfortunately, such a surge has been overshadowed by DEXTools labeling it a “scam” that buyers won’t be able to sell after buying it.
TATE 2.0 started trading on Uniswap V2 at a price of $0.0000001. The coin has maintained a balanced market movement since July 02, trading between $0.0000002 and $0.000000189.
However, on July 13, the bulls took control of the market and pushed the price of TATE 2.0 to its current bullish state. According to Gecko Terminal, the coin has witnessed a 24-hour trading volume of $88.27K, indicating active participation in the market.
With a market capitalization of $1.23 million and a fully diluted valuation (FDV) matching the market cap, it showcases the coin’s current valuation and potential. These figures suggest a modest yet growing presence in the cryptocurrency landscape.
The TATE 2.0/WETH chart above shows that the asset is experiencing a bullish run. Currently the asset is trading above the middle band of the Bollinger Bands Indicator, suggesting bullish momentum.
A break above this indicator’s upper band may indicate a long-term, powerful bullish run. The Relative Strength Index (RSI) value of TATE2.0 sits above the overbought zone (100), suggesting high pressure from the bulls.
It is important to note that the price of TATE 2.0/WETH may likely retrace as weak hands may want to sell off for profit. If the bulls maintain their respective positions, the price may rise further, reaching another milestone.
DOBBY Coin Stats
DOBBY is another notable meme coin gaining attention in the cryptocurrency realm. As a meme coin, it aims to provide a light-hearted and entertaining experience within the crypto market.
In the past 24 hours trading period, Dobby House-Elf Coin ($DOBBY) has performed remarkably, surging massively over 300% to $0.0001045. According to Dextools, DOBBY boasts a liquidity pool of $424.60K, signifying a healthy level of trading activity.
With a market capitalization of $660K and a 24-hour trading volume of $865K, DOBBY demonstrates a growing presence in the market. These figures indicate a considerable interest and potential for DOBBY as it continues establishing itself in the ever-evolving crypto landscape.
The price of WETH/DOBBY experienced a peak of $0.0001296 within the past 24 hours, observed at 05:43 AM EST. On the other hand, the lowest point recorded during the same period was $0.00002296, captured at 10:30 AM EST.
According to the 15-minute DOBBY/WETH trading chart, the asset exhibits bullish momentum in short-term price movement. Based on the chart, the asset has formed two solid green candles, which will likely fill up the fair value gap (FVG) between the first red candle from the top.
The Bollinger Bands Indicator confirms the bullish momentum as the price trades above the indicator’s middle band. This indicates that the market will witness a more bullish run as the bulls are strong, holding their respective positions.
Also, the asset’s Relative Strength Index (RSI) value is 61.52 (Neutral), suggesting a balanced market. If the bullish momentum increases and the RSI smashes above 70, it automatically indicates a trend.
SAITAMA 2.0
SAITAMA 2.0 is another surging meme coin. According to Dextools, it’s up more than 300%, taking its price to an all-time high of $0.0000000016 on July 13 at approximately 11:00 EST.
The value of SAITAMA 2.0 has dropped by 81.25% to its current value of $0.00000000030 as of 09:00 EST. According to Quick Intel on-chain analytics, the asset has 703 holders, with the first seven addresses holding a significant amount of the coin.
A wallet address known as a Liquidity Provider (LP) holds over 50% of the total coins in circulation. As depicted on the chart above, the price dropped drastically below the lower band of the Bollinger Bands Indicator but shows signs of recovery.
This indicates that the asset is in a zone with a high potential for trend reversal, resulting in a price increase. The Moving Average Convergence Divergence (MACD) trades above the signal line, suggesting an increase in bullish momentum.
This confirms the bullish sentiment present in the asset and signals a potential buy opportunity for traders and investors alike. Amidst the bullish crypto market, traders are increasingly exploring alternative opportunities, such as Thug Life, in search of potential gains.
Thug Life, Potential Meme Coin Set to Hit the Crypto Market
Thug Life is a meme-coin-inspired project that aims to leverage the current trendiness and fascination surrounding meme-based cryptocurrencies.
Thug Life incorporates well-known meme images, such as a Shiba Inu, Pepe the Frog, and a fist pump baby, to foster community among investors.
The project encourages investors to remain resilient and steadfast during market fluctuations, promoting a “thug up” mentality.
Thug Life aims to appeal to those who may have missed out on previous meme tokens or experienced losses, fostering a light-hearted atmosphere that embraces humor in the face of setbacks.
Thu Life Presale Performance
Thug Life possesses the potential to capture the attention of investors and emerge as the next explosive meme coin. The project has already amassed a Twitter following of over 4,000 and established a Telegram community with over 1,750 subscribers.
The Thug Life presale, initiated on June 28, has raised over $1 million. Given that the presale comprises a single stage, it is expected to sell out quickly.
During the presale phase, investors can purchase $THUG tokens at $0.0007, the same price at which $THUG will be listed on exchanges upon launch.
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