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.
Current weeks have seen an enormous development in explosive DEX-launched tokens, with numerous pump-and-dump moon-shots, together with BDOGE, APX, FTX, Blinky, DRS and SNOR.
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.