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Several crypto assets face price fluctuations and bearish markets in the short and long term. However, a few new crypto projects are gaining dramatically in the meme coin space. Also, the adoption and increased utility of several meme coin tokens drive this growth.
Today, May 20, RNDR, TRX, AiDoge, Launchpad, yPredict, DLANCE, NEO, ECOTERRA, and ICP show prices potential and price growths in the near future.
Render Crypto Token (RNDR)
Render Token, RNDR has risen beyond the $2.0 level it had recorded on April 19. Today, RNDR is trading at $2.4396, a 1.53% price increase at the time of writing.
Despite the price drops it faced in the past month, Render Token could be bullish in the crypto market long-term.
As a distributed GPU rendering Ethereum-built network, Render Token aims at connecting artists and studios searching for GPU computing power for rent.
As such, it’s bridging the gap between artists/studios and GPU mining partners with its ERC-20 native token (RNDR), increasing its relevance in the crypto world.
RNDR Price Analysis with Technical Indicators
Render Token (RNDR) is on a bullish trend, as indicated by several indicators on the chart.
RNDR is trading above its 50-Day and 200-Day Simple Moving Average (SMA), a short and long-term bullish representation. The asset is prone to record more green days in the long run.
The Relative Strength Index (RSI) indicates a neutral market position. However, its value of 63.52 shows the possibility of RNDR entering the overbought zone (above 70) in the coming days.
Also, the Moving Average Convergence/Divergence (MACD) is above the signal line with a positive value, representing the current bullish trend of the asset.
Following the bold green bar on the histogram, RNDR is prone to record more price gains in the following days despite several fluctuations.
TRON Crypto Token (TRX)
Tron (TRX) has entered its bullish market, boasting a 7.87% price gain at the time of writing.
As such, TRX is trading at $0.07794 today, May 22. Also, Tron’s trading volume in the last 24 hours records $447,064,268.
Tron is a decentralized operating system (OS) based on blockchain. Its multiple solutions for content creators are part of the driving forces of the system.
Tron, TRX’s performance so far could hint at its price growth potential in the nearest future.
TRX Price Analysis with Technical Indicators
Tron’s performance on the chart over the past few days and today is remarkable, upholding a bullish market amid fluctuations.
TRX is trading above its 50-Day and 200-Day Simple Moving Average (SMA), representing a short-term and long-term bullish.
According to the chart, TRX has made three consecutive green candlesticks and is prone to record more in the coming days.
Furthermore, the asset’s Relative Strength Index (RSI) is at 78.95, representing a bullish market as it’s now in the overbought region (above 70).
Also, the Moving Average Convergence/Divergence (MACD) is above the signal line, which also represents a bullish for Tron (TRX).
With most indicators signaling bullish, Tron could be the next high-potential option for investors.
But entering the overbought region might imply a trend reversal to the downside.
AiDoge (AI)
The success of AiDoge, AI, in its ongoing presale, is remarkable. $AI presale has increased by $1.3 million. Thus, it records over $11.3 million in funds raised so far.
The revolutionary meme-making platform, AiDoge, is powered by this utility-infused token, $AI. Users of the AiDoge platform can use the token to vote for their preferred memes, purchase credits to make memes, or even stake their tokens to gain free credits every day.
As such, $AI is the primary currency exchange for all transactions and other activities on AiDoge.
Meanwhile, the AiDoge tokens are selling out rapidly for $0.000032 (stage 16). The price will rise to $0.0000324 in the next few days as it enters presale stage 17.
While there are 4 more presale stages left, the $AI token will list at $0.0000336 after the presales. Also, any leftover token will be burned afterward.
Early investors can purchase the $AI tokens while in their discount prices. BNB, USDT (ERC-20 and BEP-20), ETH, or even credit card can be used to purchase the tokens on AiDoge’s presale site.
Launchpad XYZ (LPX)
Launchpad XYZ has raised an additional $37K in two days, recording over $564K in funds raised in its token’s presale.
As a revolutionary Web3 hub, Launchpad XYZ aims to provide reliable solutions to new and existing users in the Web 3.0 space.
Moreover, the project aims to tackle issues like navigation difficulties, product inaccessibility, and many others on Web3.
Launchpad’s all-in-one dashboard will revolutionize the experience of Web3 users, bringing crypto play-to-earn games, NFT marketplaces, trading tools, etc., to their fingertips.
Furthermore, the platform’s primary currency, $LPX, facilitates all transactions and activities on Launchpad XYZ.
Also, it is used for community incentives, NFT rewards, play-to-earn (P2E) crypto games, and other rewards.
The presale of Launchpad XYZ tokens is still available in stage 5, selling for $0.0445. The tokens’ listing price is $0.0565.
Once $LPX lists on several exchanges, it could explode quickly, leaving early investors with roughly 300x paper gains.
Launchpad XYZ could be the next big project in the coming years as the project gives a detailed roadmap of its plans in the Web3 space.
yPredict (YPRED)
yPredict has reached a $1.4 million new milestone in its ongoing token presale, a $100K additional funds raised in the short term.
As an All-in-one AI ecosystem for Analysts, Quants, Traders, and Developers, yPredict and its native token, $YPRED, are taking the crypto space by storm.
It’s offering AI-driven features for its users to ensure improved accuracy in their prediction models thanks to the combination of Artificial Intelligence (AI) and cryptocurrency.
Users can now predict and trade more accurately with the help of yPredict’s state-of-the-art AI-driven features, including automated chart trading, automated analysis, pattern recognition, new crypto presales, etc.
The $YPRED tokens are selling out swiftly, with a few days left before the price increases (40% increase) in the next presale stage.
After the presale, $YPRED will list at $0.12 on several exchanges and may spike as more trades occur in its market.
DeeLance (DLANCE)
DeeLance, (DLANCE) has gained an additional $20K in its ongoing presale, thus recording $988K in funds raised so far in the short term.
On the other hand, DeeLance’s developmental plans and revolutionizing solutions to their freelancing and online recruitment industry are attracting investors, driving the tremendous performance of the project’s token presale.
DeeLance is a revolutionary freelancing and recruitment ecosystem where freelancers and employers can work together smartly. As a blockchain-powered project, DeeLance is more secure, transparent in payments, and fast compared to other freelance platforms.
In addition, it provides users with a metaverse where they can purchase and lease office spaces to increase their earnings on the platform. Also, it provides them with several business growth opportunities like billboard business adverts, etc. With its native token, $DLANCE, users can receive and withdraw payments swiftly and even access several services and features on the platform.
The $DLANCE presale is halfway to the end of stage 5, selling at $0.033. The price will increase to $0.038 in the next stage, and after the last stage, $DLANCE will list on several exchanges at $0.057.
Neo Crypto Token (NEO)
Neo (NEO) is bullish, gaining up to 5.25% at the time of writing. Today, May 22, 2023, Neo is trading at $9.77 compared to its price of yesterday.
Due to the project EcoBoost Initiate, which helps users build dApps and smart contracts on the blockchain, Neo is attracting more users, causing it to regain its stand in the market gradually.
NEO Price Analysis with Technical Indicators
Although NEO is trading below its 50-Day Simple Moving Average (SMA), it’s making a green candlestick on the chart, indicating its current bullish market.
Meanwhile, its Relative Strength Index (RSI) is at 47.99, indicating a neutral market position and its possibility of going overbought (above 70) in the long run. As such, NEO could take a bullish run if that happens.
NEO’s Moving Average Convergence/Divergence (MACD) is above the signal line, confirming the current bullish trend of the asset. NEO is still above its 200-Day SMA, a long-term bullish signal, which means NEO’s price growth potential is high.
Ecoterra (ECOTERRA)
ECOTERRA presale fundraising campaign has increased to $4.1 million in two days. Ecoterra is a green crypto project focused on restoring an environmentally friendly space for all life forms.
With its Recycle2Earn (R2E) concept, it gives crypto rewards to individuals and businesses for taking actions that reduce the impact of carbon emissions and other kinds of pollution in the environment at large.
With Ecoterra’s mobile app, users can easily locate the nearest reverse vending machines (RVMs), scan the recyclable items and earn crypto in the form of ECOTERRA.
Also, when users purchase recycled products from the Carbon Offset Marketplace via the app, they receive $ECOTERRA as well.
$ECOTERRA is in stage 7 of its presale and is selling off quickly at $0.00850. The price will increase to $0.00925 in a few days, and after the presale, it will list at $0.01.
Interested investors can take part in this revolutionary project now.
Internet Computer (ICP)
Internet Computer (ICP) is trading at $5.1127 with a 1.03% price increase at the time of writing.
Following its utility-infused blockchain design and solutions, ICP is likely to attract more users, thus, increasing various activities on the blockchain. Moreover, its price performance so far is outstanding.
Crypto ICP Price Analysis with Technical Indicators
ICP is trading below its 50-Day Simple Moving Average (SMA), a short-term bearish signal. As a result, ICP may face several price fluctuations in the coming days.
Meanwhile, its Relative Strength Index (RSI) at 42.24 shows a neutral market position, with the RSI pattern indicating possible movements toward the overbought zone (above 70).
The Moving Average Convergence/Divergence (MACD) is below the signal line. However, the faded red bar on the histograms confirms ICP’s bullish trend today amid persistent fluctuations.
Also, ICP is still trading above its 200-Day SMA, which means the asset has more green days ahead after the short-term price dips.
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