3 Newly Launched Cryptos to Watch In December 2024
UBC, which launched four days ago and has gained more than 18,000 holders, saw its market value fall 45% to $34 million on the last day. Likewise, $1, which launched five days ago, has also experienced a massive 65% drop, with its market capitalization falling to $8.7 million despite attracting nearly 60,000 holders.
JAK, themed as an animated video currency, attracted more than 24,000 holders in three days, but suffered an 80% correction and its market value dropped to $3.4 million. Currently, all three coins have neutral RSI levels, suggesting there is scope for a potential recovery if buying sentiment returns.
Universal Basic Computing (UBC)
Universal Basic Computing (UBC) launched just four days ago and has quickly attracted attention. With over 37,000 daily transactions and over 18,000 holders, it is one of the most successful newly launched products coin This week, especially during Solana ecosystem.
However, its market capitalization has fallen 45% in the past 24 hours, from $48 million to $34 million, reflecting the intense selling pressure following the initial surge.
UBC relative strength index It is currently at 45, indicating neutral momentum. This suggests that while the coin is not overbought or oversold, it may be consolidating after the recent correction.
If UBC regains bullish momentum, it could retest its $50 million market cap, which would mean the price could rise 47% from current levels.
Just buy $1 worth of coins ($1)
1 dollar coin issued in Solana Five days ago, it quickly attracted attention, attracting nearly 60,000 holders and recording 81,000 transactions in the past 24 hours.
Despite this activity, the token faced significant selling pressure, with its market capitalization plummeting by 65% on the last day, from nearly $15 million to $8.7 million.
The RSI is 43 and $1 is currently in neutral territory, neither overbought nor oversold. This suggests that the coin may be stabilizing after a sharp correction.
If buying pressure returns, the $1 market cap could revisit the $10 million market cap and potentially retest the previous high of $15 million, indicating a strong recovery for the $1. recent losses.
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JAK Token Gains Attention By Capitalizing On The Popularity Of Animated Video Themes Meme Coin. It attracted more than 24,000 holders in three days.
Despite its rapid rise, JAK has experienced a sharp correction, with its market value falling from US$6.2 million to US$3.4 million, a drop of more than 80%.
Trading activity in JAK remains strong, with daily trading volume exceeding 90,000 transactions, reflecting continued market interest. Its RSI is currently at 53, indicating neutral momentum.
This level suggests that although selling pressure has eased after the sharp decline, coin Neither overbought nor oversold. This would leave room for a potential recovery if buying sentiment increases.
Post 3 Newly Launched Cryptocurrencies to Watch in December 2024 first appeared in bein encryption.