As DEE Token Catapults Up 800%, This Silent Crypto Has Snagged $1 Million – Primed for Take-off?
In the latest On-Chain moon-shot a Street Fighter 6 themed token called Dee Jay (DEE) has exploded an eye-watering +800% overnight.
The dramatic upside move has seen DEE token fly up into the trending coins on leading DEX tracking websites.
DEE Price Analysis: How High Can Dee Jay Token Surge?
As price continues to grind higher, Dee Jay token is currently trading at a market price of $0.00007896 (representing a 24-hour change of +665%).
Ongoing price action is characterised by a -30% localised retracement move from the all-time high at $0.0001104.
This comes as 265 bag-holders mount a well-defended consolidation between $0.00008 and $0.0000875 in a display of strength driven by impressive 55% buy-pressure over the last 6-hours.
The dramatic +800% rally was triggered at 15:00 (UCT) on October 10, as price shot up +567% in just 5-hours – driven by a massive influx of more than $1.12m in trading volume.
The 1000+ transaction surge has maintained strong buy-pressure throughout the rally, with a major support zone established below current levels at $0.0000525.
Now, with DEE sat at a $431k market cap, it seems there is still capacity for upside in Dee Jay – it is not uncommon for DEX moon-shots to hammer up to 1000+ holders and $2m market caps – suggesting upside could be as much as 4x from here.
However, on the short-time frame, DEE token is targeting a return to the all-time high at $0.0001104 (a possible +47.40% over the next few hours).
While downside risk here could see DEE token tumble back to lower support at $0.0000525 (a potential -29.91% over the next few hours).
This leaves Dee Jay token with a risk: reward ratio of 1.58 – a good entry with upside potential.
In other news, while meme coin traders continue to balance risks, Bitcoin enthusiasts are flocking to a break-out Bitcoin cloud mining presale that has just smashed +$1m raised.
Bitcoin Minetrix (BTCMTX): Bitcoin Cloud Mining Presale Smashes +$1M Raised
Dive into the innovative world of Bitcoin Minetrix and its pioneering stake-to-mine system – as the skyrocketing presale smashes +$1,000,000 raised.
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Key Highlights of the BTCMTX Advantage:
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.