Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
3 New Cryptos Launched This Week to Keep an Eye On

3 New Cryptos Launched This Week to Keep an Eye On

BeInCryptoBeInCrypto2024/11/02 15:55
By:Tiago Amaral

Coins LUCE, GRASS, and ZEREBRO are trending on Solana, showing strong demand, transaction growth, and potential for gains.

Coins within the Solana ecosystem are seeing notable growth, with newcomers like LUCE, GRASS, and ZEREBRO drawing attention.

LUCE and ZEREBRO show potential as rising stars, while GRASS has solidified its position with a substantial user base and strong market presence.

Official Mascot of the Holy Year (LUCE)

Launched only four days ago, LUCE has quickly become a strong contender among the meme coins in the Solana ecosystem. Initially introduced on Pumpfun, it soon graduated to Raydium, where it has been attracting over 30,000 transactions daily.

LUCE’s market cap has already surged past $40 million, and with continued attention, it could soon hit the $50 million mark as a natural next step. It currently has more than 22,000 holders.

Read more: How to Buy Solana Meme Coins: A Step-By-Step Guide

3 New Cryptos Launched This Week to Keep an Eye On image 0LUCE Price Chart and Market Data. Source: Dexscreener

Additionally, its Relative Strength Indicator (RSI) currently sits at 33, signaling that the coin is nearing oversold territory. This low RSI suggests that LUCE may be positioned for a rebound, as an oversold level often precedes a price recovery in actively traded assets.

Grass (GRASS)

GRASS recently completed a highly anticipated token airdrop and quickly surpassed a $290 million market cap. The platform aims to reward users for their “unused internet” by applying artificial intelligence, drawing significant attention and a fast-growing user base.

With over 253,000 holders, GRASS has already established a substantial presence. On October 31, its price broke the $1 mark, signaling strong demand.

Read more: How To Invest in Artificial Intelligence (AI) Cryptocurrencies?

3 New Cryptos Launched This Week to Keep an Eye On image 1GRASS Price Chart and Market Data. Source: Dexscreener

Currently, GRASS’s RSI is 62.28, which, while high, remains below the overbought threshold. This RSI level suggests that GRASS may still have room for further growth before a potential correction.

Despite a nearly 12% rise in the last 24 hours, the token’s momentum could continue upward before reaching an overbought condition, appealing to traders looking to capitalize on its growth potential.

zerebro (ZEREBRO)

ZEREBRO, a new meme coin on Solana, launched just four days ago and has already reached a market cap of $16.5 million. With over 3,000 holders, the token has experienced rapid growth, surging by about 100% in the last 24 hours.

Its popularity is evident, drawing over 24,000 transactions daily as interest in the coin builds.

Read more: 11 Top Solana Meme Coins to Watch in November 2024

3 New Cryptos Launched This Week to Keep an Eye On image 2ZEREBRO Price Chart and Market Data. Source: Dexscreener

ZEREBRO’s RSI is currently at 59.64, which is below the 70 threshold that would indicate an overbought condition. This RSI level suggests that ZEREBRO may have more room to grow before facing a potential correction.

Given this momentum, ZEREBRO could continue its upward trajectory and test resistance levels around $0.018 or higher.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Trump and Wall Street: How long will the love affair last?

Share link:In this post: Wall Street loved Trump’s win at first—stocks jumped, Bitcoin soared, and borrowing costs hit rock bottom, but some sectors started cracking fast. Tax cuts and deregulation made financial and energy stocks shoot up, but tariffs and plans to deport workers freaked out economists and markets. Tariffs mean higher prices for Americans, and even Walmart’s warning it’ll have to raise prices if Trump pushes through with his trade war.

Cryptopolitan2024/11/24 03:44

OpenAI could face a bigger problem than Elon Musk’s lawsuit against it

Share link:In this post: OpenAI’s much bigger threat comes from government regulation since it has more power than Elon Musk. If the government chooses to investigate the shift of OpenAI from a non-profit to a Public Benefit Corporation, there will be severe repercussions. The AI company’s dual model has sparked controversies

Cryptopolitan2024/11/24 03:44

Spot Bitcoin ETFs see record $2.42B inflows as Chinese ETFs suffer historic $2B outflows

Share link:In this post: Spot Bitcoin Exchange Traded Funds saw almost $2.5 billion in investments in a single week. However, the Chinese ETFs have seen a series of outflows, amounting to $2 billion worth of withdrawals. The Bitcoin rally helped elevate the spot ETF market, especially with Bitcoin close to reaching $100000.

Cryptopolitan2024/11/24 03:44

The clash of Bitcoin and benchmark stock indexes

Share link:In this post: The S&P 500 is up 25% this year, with financial and cyclical stocks leading, boosted by optimism around a Trump administration and steady economic growth. Bitcoin has surged 40% this month, nearing $100,000, driven by aggressive trading, retail investor enthusiasm, and headlines hinting at government support. MicroStrategy’s stock hit a $100 billion market cap, tripling its Bitcoin holdings’ value, but its wild 32% drop from intraday highs shows cracks in the frenzy.

Cryptopolitan2024/11/24 03:44