Latest breakout airdrop token Pyth Network has seen PYTH price erupt +53% since trading launched on November 21, and now traders believe this could be the next token to explode – here’s why.
Airdrops have made something of 2023, breaking away from the volatile launches of crypto winter tokens like Arbitrum, recent launches such as Celestia (TIA) have undertaken impressive runs.
Pyth Network is clearly no exception, even out performing top airdrop gainer TIA, as trading opened this week – in a bullish sign of positive market sentiment behind PYTH token post-airdrop.
PYTH Price Analysis: As Pyth Network Erupts +53% – Will PYTH repeat TIA Success Story?
As PYTH price pushes up towards new heights, Pyth Network is currently trading at a market price of $0.44 (representing a 24-hour change of +6.18%).
This comes as price establishes a strong double-bottomed support above the $0.425 price level – which is emerging as a localized foothold as PYTH price takes aim at a new all-time high.
Retracement dominated the chart last night, after a new all-time high at was hit at $0.48, triggering a -14.3% retracement move.
Yet, price remains firmly ascendant with an upwards trading channel teasing the next leg as price rests atop the 20DMA for lower footing at $0.43.
With new-found gains well-defended by Pyth holders, the RSI remains with only minor bearish divergence at 61, suggesting there could be capacity for price to push up higher.
Yet, this meets with conflict from the MACD, which showcases declining rally momentum at -0.002227, as the airdrop hype dies down.
Overall, PYTH price looks healthy here, with a strong steady rally that is yet to overheat the RSI suggesting markets view current price levels positively.
This leaves PYTH price with an ongoing upside target at $0.5 (representing a potential +11.62%).
While downside risk could see PYTH price fall back down to $0.42 (a potential -6.24%).
Therefore PYTH price has a short-time frame risk: reward ratio of 1.86, a good entry – characterised by decent upside potential, and certainly not too late to buy.
But while PYTH pushes up, an emerging GambleFi presale is poised to repeat the skyrocket success of Rollbit – don’t miss out.
PYTH Price Move Alternative? This GambleFi Crypto Presale Just Accelerated Past $2.87M Raised
As Telegram trading bots and GambleFi dominate September’s narratives, the TG.Casino ($TGC) presale is gaining significant attention – racing to $2,877,790 raised in just a few weeks, here’s why it should be on your radar.
TG.Casino isn’t just another quick Telegram bot pump-and-dump it’s an intricately crafted ecosystem that marries the thrill of the crypto casino world with the decentralized edge of blockchain.
By being a fully licensed casino that integrates seamlessly into Telegram, which boasts over 700 million users, the reach and potential are undeniable.
The ease of use, amplified by a no-KYC protocol, makes it an alluring proposition for both novices and crypto veterans with easy onboarding ensuring a seamless road to new user growth.
With a range of offerings, from thousands of live Telegram casino games, slot machines, and table games to an expansive sportsbook, ensures an immersive experience.
And for those keen on kick-starting their journey, the 150% matched deposit bonus on the first deposit plus 500 free spins is the cherry on top.
From a security standpoint, users can rest easy – all data and funds are encrypted, ensuring robust protection against potential threats.
While the $TGC token not only facilitates instant transactions but also serves as the beating heart of this dynamic ecosystem.
Biggest GambleFi Presale TG Casino Presale: TG.Casino APY Outperforms PYTH Price Pump
The presale is where things get even more intriguing as the offered staking APY is nothing short of spectacular, standing proudly at 294%.
Given that over a million tokens have been staked within a day of the presale launch, the momentum is palpable.
And a well-conceived buyback mechanism ensures price stability and regular rewards, a win-win for the community.
The $TGC token’s utility is another aspect to spotlight – beyond its primary function in the casino world, its adaptability – be it swapped for gaming credits or other cryptos – adds layers to its potential growth.
Its role in transactions, from deposits to withdrawals, signifies its pivotal role in the TG.Casino framework.
How to Buy TG Casino Early?
Step 1 – Go over to their official website
The first thing you want to get correctly is going over to their official website.
Step 2 – Create a Crypto Wallet
You need to set up a crypto wallet, and it’s important to chose a wallet that supports ERC-20 tokens as this is TGC Standards.
Step 3 – Purchase ETH or USDT
Next is to purchase some Ethereum (ETH) or Tether (USDT), as these are the tokens used to exchange into TGC.
Step 4 – Connect Wallet to Presale Dashboard
Go to TG.Casino’s website and click on the ‘Connect Wallet’ button. A pop-up box will appear, in which investors can choose their wallet provider and link their wallet to the presale dashboard.
Step 5 – Buy TG.Casino Token
Investors will see an order box on-screen where they can either select ETH or USDT (or buy on BSC) to use for the exchange. Investors also need to decide the amount of $TGC coin you want to buy; the minimum investment is 1,000 $TGC. After making sure that everything is accurate, confirm the trade.
Step 6 – Claim TG.Casino Token
Once TG.Casino’s presale has ended, there will be a Token Generation Event (TGE), where investors can claim their purchased tokens by clicking the ‘Claim’ button on TG.Casino’s homepage. That’s all for how to buy TG.Casino.
TG Casino’s Unrivalled Tokenomics Could Trigger Biggest GambleFi Moonshot
To wrap it up, TG.Casino ($TGC) presale is not just an opportunity; it’s a front-row ticket to the future of Telegram GambleFi.
With tokenomics supply – fairly distributed across the presale, liquidity pools, staking rewards, and player rewards – and the additional bolster of TG Casino’s jaw-dropping 294% APY – this project is positioned to become a huge name in the GambleFi vertical.
Its blend of a comprehensive ecosystem, enticing financial benefits, and user-centric approach make it a tantalizing prospect. But as always, arm yourself with research, and here’s to successful ventures ahead!
Dive into the TG.Casino Presale Now.
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.
The post Is It Too Late to Buy Pyth Network? PYTH Price Erupts 53% After Airdrop and This Might be The Next Crypto to Explode appeared first on Cryptonews.
