Within the newest On-Chain moon-shot a Avenue Fighter 6 themed token referred to as Dee Jay (DEE) has exploded an eye-watering +800% in a single day.
The dramatic upside transfer has seen DEE token fly up into the trending cash on main DEX monitoring web sites.
DEE Value Evaluation: How Excessive Can Dee Jay Token Surge?
As worth continues to grind increased, Dee Jay token is at present buying and selling at a market price of $0.00007896 (representing a 24-hour change of +665%).
Ongoing worth motion is characterised by a -30% localised retracement transfer from the all-time excessive at $0.0001104.
This comes as 265 bag-holders mount a well-defended consolidation between $0.00008 and $0.0000875 in a show of power pushed by spectacular 55% buy-pressure over the past 6-hours.
The dramatic +800% rally was triggered at 15:00 (UCT) on October 10, as worth shot up +567% in simply 5-hours – pushed by a large inflow of greater than $1.12m in buying and selling quantity.
The 1000+ transaction surge has maintained sturdy buy-pressure all through the rally, with a significant assist zone established beneath present ranges at $0.0000525.
Now, with DEE sat at a $431k market cap, it appears there may be nonetheless capability for upside in Dee Jay – it’s not unusual for DEX moon-shots to hammer as much as 1000+ holders and $2m market caps – suggesting upside might be as a lot as 4x from right here.
Nonetheless, on the short-time body, DEE token is focusing on a return to the all-time excessive at $0.0001104 (a attainable +47.40% over the following few hours).
Whereas draw back threat right here might see DEE token tumble again to decrease assist at $0.0000525 (a possible -29.91% over the following few hours).
This leaves Dee Jay token with a threat: reward ratio of 1.58 – a superb entry with upside potential.
In different information, whereas meme coin merchants proceed to stability dangers, Bitcoin fans are flocking to a break-out Bitcoin cloud mining presale that has simply smashed +$1m raised.
Bitcoin Minetrix (BTCMTX): Bitcoin Cloud Mining Presale Smashes +$1M Raised
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Key Highlights of the BTCMTX Benefit:
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Disclaimer: Crypto is a high-risk asset class. This text is supplied for informational functions and doesn’t represent funding recommendation. You could possibly lose your whole capital.