A major fact that cannot be dissociated with the cryptocurrency market is its volatility. That is, changes can happen in the blink of an eye. Recent analyses have shown that while DigiHorse is making significant strides forward, both Floki and SUI are experiencing vastly different trajectories in their journey through this volatile landscape.
What you'll learn 👉
SUI Outgrows Bearish Market Sentiments, Surges Over 38%
The altcoins are gathering more momentum with the recent surge in Ethereum’s price. However, SUI outperformed many by making a ballistic move of 38%. This is an impressive rebound from the spiral decline of the token in the past weeks due to prevailing market conditions. In fact, it hit a low of $0.53 which is about a 75% decline from its ATH high of $2.17 achieved earlier this year.
This bull run has created a triple white soldier pattern and breaks beyond the overhead resistance trendline. Hence, it is currently trading as high as $0.8353 with expert prediction that if there exists more push from the broader market recovery, it may jump to $2 mark. Nevertheless, this price is bound to face multiple overhead resistance before it attains such height.
FLOKI Continues To Count Losses: What Is Happening?
Amid the recovery of several altcoins, Floki has continued to struggle and spiral further downward totaling the loss to 30.5%. According to analysts, the $0.00014 resistance level overhead appears to rebuff the bulls and the nearest significant high at $0.0002 is 67% greater than the meme coin’s market price. This means that the bulls have more battles to contend with before a possible reversal. More so, the relative strength index (RSI) has fallen below average with high selling volume.
DigiHorse Keeps Galloping Ahead
Given the uncertainties that plague most meme and traditional coins, investors have turned around towards new and innovative emerging projects one of which is DigiHorse. DigiHorse focuses on merging the passion for horse racing with blockchain technology, allowing users to breed, race, and trade virtual horses.
This unique combination of entertainment and investment is another attraction to gamers and investors alike, thereby generating increased interest and investments. Another attractive feature of DigiHorse is integration of community engagement such that players can interact with one another.
Currently, the presale has received over $17,000 out of $149,000 worth of tokens. It is being sold at $0.0033 and expected to increase by 2150% upon listing. Also, analysts believe the price will jump over to $1 within 24 months given its robust tokenomics and revenue-sharing model.
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