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The Koma Inu worth skyrocketed 198% within the final 24 hours to commerce at $0.1712 as of three.35 a.m. EST on buying and selling quantity that soared 2,451% to $147.71 million.
Koma Inu is the self-proclaimed son of Shib and protector of BNB — a dog-based meme coin constructed round neighborhood, and pushed by charity and decentralization.
Its worth skyrocketed practically 200% after a brand new announcement by Binance Futures on X, which mentioned that the platform will launch a number of new perpetual contracts, together with one for KOMA.
#Binance Futures will launch the USDⓈ-Margined $RAYSOL, $KOMA, $VIRTUAL, and $SPX Perpetual Contracts at
🗓️ December 10 2024, 12:00, 12:15, 12:30 and 12:45 respectively.
Learn extra ➡️ https://t.co/lAGZsn3ytQ pic.twitter.com/0Ci10oB5OO
— Binance Futures (@BinanceFutures) December 10, 2024
Following the announcement, the venture noticed a lot of new CEX listings, together with BitGet, ByBit, Ourbit, Biconomy, Bitrue, and XT Alternate. Alongside the way in which, it additionally introduced a brand new partnership with DWF Labs, which is able to additional the venture’s mission of bringing creativity and neighborhood to new heights in Web3 house.
We’re very comfortable to announce our partnership with @DWFLabs! 🎉
As one of many recipients of the DWF Meme Fund, we’re proud to collaborate with DWF Labs to additional our mission of bringing creativity and neighborhood to new heights within the Web3 house.
Collectively, we’re dedicated to… pic.twitter.com/mM0cWZmOVt
— Koma (@komabnb) December 10, 2024
Koma Inu Worth Prediction
As talked about, the KOMA worth skyrocketed practically 200% in 24 hours following the itemizing on Binance Futures, in addition to all different listings that adopted. The sequence of listings made the venture way more accessible and obtainable to merchants and traders.
Nonetheless, the state of the market ultimately caught as much as it because the preliminary hype handed. The token noticed a light correction from $0.2 to round $1.14, from the place it continued to steadily enhance. Nonetheless, whereas technical indicators counsel that there’s nonetheless room for development, additionally they mirror dealer hesitance.
The venture’s Bollinger bands, for instance, have seen a pointy tightening within the final 10 hours, suggesting uncertainty amongst market contributors. The worth remains to be fluctuating between the higher band and the center zone between the 2 bands, which is an optimistic sign. The fluctuations are fairly small, provided that the bands have grown a lot nearer collectively in comparison with the state of affairs from 24 hours in the past.
Then, there’s the venture’s Relative Power Index (RSI) worth, which initially stabilized within the impartial zone at 50 after the massive surge yesterday. Nonetheless, the fluctuations began to develop once more, and the RSI even reached the overbought zone as soon as since then.
What adopted was a sell-off that pushed the RSI again to the impartial zone, however then it began fluctuating between the values of fifty and 60. On the time of writing, the RSI has dropped to 50 once more, suggesting that day merchants have been performing a sequence of small purchases and gross sales, possible in search of to revenue from minor worth modifications.
Aside from that, the token’s worth is at the moment comparatively steady, and it seems to be following Bitcoin’s lead right now.
Promising Various To Koma Inu
One other extremely promising venture that not too long ago noticed a vital itemizing was Catslap (SLAP), a brand new meme coin with a slapping sport that blew up instantly after its introduction.
Catslap attracted the neighborhood with the free sport on its web site, but it surely made them keep and even double down on the sport by introducing a Slap-To-Earn mannequin, which helps you to earn SLAP tokens for every slap that you just carry out. Altogether there’s a prize pool of $100k.
Being one of many latest and hottest clicking video games, the venture has recorded 588 million slaps up to now, exhibiting simply how a lot the neighborhood loves its method.
Not solely that, but it surely had a countdown to a significant announcement, which turned out to be its first CEX itemizing on MEXC.
YouTuber TodayTrader, who has over 13.2k subscribers, reported on the transfer not too long ago, warning his neighborhood to not miss out on this venture and the chance that it presents.
Now, there’s solely 8 days to the subsequent massive announcement, and lots of imagine that it is perhaps an inventory on Binance or Coinbase this time.
Because the hypothesis continues to develop, so does the venture’s variety of holders and contributors in its sport.
Go to SLAP right here.
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- Token Burns
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