AMC Price Soars 6% And This Might Be The Next Crypto

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The AMC worth surged 96% up to now week and 6% within the final 24 hours to commerce at $0.000000151 as of 10 a.m. EST on buying and selling quantity that dropped 7% to $1.6 million.

The surge took the token to an all-time excessive, pushed it appears by the presidential debate between Donald Trump and President Joe Biden.

Whereas the controversy was a serious occasion for the American political scene, it additionally had penalties outdoors of politics, reminiscent of on this planet of digital finance.

Market Evaluation: $Trump $MAGA $AMC(All in #PolitiFi memecoins / $Eth)

Truth: America’s Meme Coin trending excessive whereas Trump and MAGA dumped after the presidential debate

Purpose: AMC represents the USA 🇺🇸- it’ll exist past elections & its bipartisan @eth_amc / on dextools &… pic.twitter.com/zjuEMOWL9o

— Shiba Capital (@ShibaCapital) June 28, 2024

AMC stands for America’s Meme Coin and its official web site says the nation has been ”rugged by our delegates for too lengthy,” and that it’s ”time we make the USA Nice once more.”

AMC Value Prediction

The AMC worth skyrocketed previous to the presidential debate yesterday, however it additionally noticed a pointy worth correction within the aftermath, as many who purchased earlier than the occasion determined to take revenue and promote after it reached its new ATH.

The query that everybody is asking now — together with those that stored their AMC, and those that are involved in shopping for it, whether or not once more or for the primary time — is what’s going to occur subsequent?

The reply isn’t as easy, sadly, because the undertaking’s technical indicators typically recommend conflicting information. For instance, AMC’s Bollinger bands began seeing a pointy widening up to now few hours, which is a bullish sign. What’s extra, the value is correct up there with the higher band, which suggests sturdy bullish conduct.

In the meantime, the undertaking’s Relative Power Index (RSI) worth exhibits a determine of 68.62, which means that the merchants are, certainly, shopping for the token once more. Nonetheless, with the RSI approaching the overbought space, this implies that one other correction would possibly come quickly.

In any case, RSI is a really generally used indicator that exhibits merchants when the shopping for strain is at its strongest, which generally signifies that the value is, as nicely. At that time, many begin promoting to take revenue, which shortly leads the value in the wrong way.

For many who find yourself holding for too lengthy, this can be a missed alternative, however the identical is true for many who promote to early and miss out on the value reaching its peak. Proper now, the RSI exhibits that AMC nonetheless has some extra room for progress earlier than merchants react, however given the excessive volatility of the asset, it’s clear that dealing with it proper now comes at fairly a excessive danger.

Promising Alternate options to AMC

Whereas AMC noticed a serious surge because of the election debate and can probably skyrocket once more as soon as the elections themselves strategy, those that want to check out a much less intense undertaking may contemplate a GameFi various referred to as Mega Cube (DICE).

Mega Cube is a gaming token of a web-based on line casino going by the identical identify, and its presale has already raised over $1.5 million.

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Present Value: 1 $DICE = $0.0825 🚀

Right here’s why $DICE is about to develop into the main GameFi token, outpacing all… pic.twitter.com/wI2jy30ntr

— Mega Cube On line casino (@megadice) June 28, 2024

The native DICE token will probably be on the coronary heart of the Mega Cube platform, deeply built-in with all of its gaming options. Greater than that, holding it’ll additionally grant customers entry to sure advantages. Among the many most notable ones are every day bonuses, which can depend upon the on line casino’s every day efficiency.

Apart from that, holders will even have entry to early chicken bonuses, restricted version NFTs, and extra.

Mega Cube additionally attracted buyers with a large $2.25 million airdrop, cut up into three seasons of $750,000 every. To qualify, one should solely wager $5,000 inside three weeks on the undertaking’s platform.

At present, DICE Airdrop Season 2 is formally ending, however very quickly Mega Cube will begin the third and ultimate season, representing the final likelihood to take part within the occasion.

YouTuber Jon Buying and selling says DICE has the potential to be the following 100x crypto.

DICE sells for under $0.0825, and it may be purchased with SOL, ETH, or BNB. Purchase quickly in case you are as a result of a worth hike is coming in lower than three days.

Go to the official DICE web site right here.