Among the many quite a few coin launches this week, two on Solana and one on Base have captured notable consideration.
PRAWN leads with a $25 million market cap and 92,000 each day transactions. CHAOS sustains a $16 million valuation regardless of latest volatility. In the meantime, TETSUO has gained momentum with 12,000 holders and $5.8 million in each day quantity. All three cash show promising progress potential based mostly on technical indicators.
Pepe The King Prawn (PRAWN)
PRAWN, a just lately launched Solana-based meme coin, has rapidly gained traction within the cryptocurrency market, attaining a $25 million market capitalization in lower than 48 hours.
The coin has demonstrated exceptional group engagement, attracting over 10,000 holders and producing roughly 92,000 each day transactions.
PRAWN present RSI (Relative Energy Index) studying of 40 signifies that it’s neither overbought nor oversold. This might go away room for potential upward motion.
This impartial RSI place means that PRAWN may keep its momentum and doubtlessly double its market capitalization to $50 million.
CHAOS
CHAOS, a brand new meme coin on Base, has rapidly established a major presence since its launch 4 days in the past. It has collected over 10,000 holders and maintained a gradual circulation of greater than 6,700 each day transactions.
Regardless of its present market capitalization of $16 million, the coin has skilled a latest 13.5% decline within the final 24 hours.
CHAOS RSI studying of 56, positioned within the center vary, mixed with the latest worth correction, means that CHAOS could also be discovering its equilibrium after preliminary buying and selling volatility.
This technical setup, together with its confirmed means to succeed in a $30 million market cap simply two days in the past, signifies potential for a restoration. The latest pullback may very well be offering an entry alternative for merchants who missed the preliminary surge.
Tetsuo Coin (TETSUO)
TETSUO, one of many many cash launched on Solana, has demonstrated traction in its first 5 days. It attracted over 12,000 holders and sustaining an equally spectacular each day transaction depend.
The coin’s present market capitalization of $12 million, coupled with a robust each day buying and selling quantity of $5.8 million, signifies important market engagement and liquidity.
With an RSI (Relative Energy Index) studying of 39.6, suggesting the coin is approaching oversold territory, TETSUO may very well be positioned for an upward motion.
Given its established buying and selling quantity and holder base, a revival in shopping for stress may push the token towards the $15 million market cap resistance stage. If that occurs, TETSUO has the potential for additional enlargement to $20 million if momentum builds.
Disclaimer
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