The Moca Coin price is up 48% in the last 24 hours to trade for $0.08661 as of 06:05 a.m. EST.
It comes after a 98% climb before the MOCA price topped out at $0.09223 the same day. The surge and ongoing correction come amid the buy-the-rumor-sell-the-news situation after Animoca Brands launched its meme coin, Moca Coin, which now boasts a market capitalization above $142 million, CoinGecko data shows .
The Animoca Brands ecosystem has made headlines with multiple developments this week. Among them, the gaming titan joined Core DAO as a validator, paving the way for web3 decentralized applications (DApps) integration.
This collaboration will help Animoca brands enhance security and governance within Core’s Bitcoin-powered blockchain. In turn, it will pave the way for the integration of Animoca Brands’ web3 dApps.
Additionally, Animoca Brands Japan has committed to begin selling “The Sandbox -Elvis Presley-” and “The Sandbox -The Wild Ones-” beginning July 19.
Its TOWER ecosystem has also integrated with Transak for fiat payments. This partnership aims to simplify the process of acquiring TOWER tokens (TOWER) by allowing users to purchase them directly with fiat currency.
Moca Coin Price Prediction
The Moca Coin price exploded at launch, topping out at $0.09223 before the bears pulled the trigger. Amid an ongoing sell-off, the Fibonacci indicator suggests the price could drop to the $0.08314 threshold first before a leg down to $0.07600. These levels are earmarked by the 78.6% and 61.8% Fibonacci retracement levels respectively.
In a dire case, the downtrend could extrapolate for the Moca Coin price to break below the 50% Fibonacci placeholder of $0.07099. A close below this threshold could trigger panic selling, potentially sending the altcoin to the foot of the market range at $0.04975. This would effectively mean a whitewash of all the ground covered.
Notably, the position of the Relative Strength Index (RSI) at 84 suggests MOCA is already massively overbought. Traders looking for exit signals should consider waiting for a break below the 70 threshold on the RSI.
According to Welles Wilder, who developed multiple technical indicators, an asset is considered ripe for selling when the RSI crosses below 70 after an overbought status.
GeckoTerminal: MOCA/USD 5-minute chart
Conversely, if MOCA bulls use the correction as a breather to rejuvenate, the re-entry could see the Moca Coin price reclaim its peak at $0.09223. Clearing this roadblock would set the tone for a new all-time high.
Meanwhile, investors looking to diversify their portfolios might consider Mega Dice (DICE), a casino token that some analysts say is the best crypto to buy now,
Among fans are popular YouTuber Michael Wrubel, who says the project ticks all the boxes for what he looks for in a good presale.
Promising Alternative To MOCA
DICE is the ticker for the Mega Dice , an established casino business with a user base exceeding 50,000, 10,000 active players and monthly wagers totaling over $50 million.
The project is the first GameFi project on the Solana blockchain and it aims to challenge the casino sector titan Rollbit Coin. It also looks to emulate earlier presales like TG.Casino, which exploded 4x on launch.
Mega Dice offers investors and players a variety of rewards. These include daily rewards to holders that are based on the casino’s performance, and a 10% commission on all referral purchases.
You can also earn passive income through the platform’s staking option , with 10% of $DICE’s total 420 million tokens allocated as staking rewards.
Limited edition NFTs that grant players special privileges and additional rewards will also be sent to randomly selected users on the platform. Anyone who buys into DICE during its current ICO phase will stand the chance to receive early bird bonuses as well.
The project’s presale has raised more than $1.6 million, with investors buying DICE at the current price of $0.09093. If you are interested in what Mega Dice offers, buy before a price increase in a little more than 2 days.
Visit and buy Mega Dice here .
Also Read:
- Michael Wrubel’s Insights on Mega Dice Crypto Presale – Why He is Bullish on the GameFi Token?
- Mega Dice Presale Has Already Attracted Half a Million – Top GameFi Crypto on Solana?
- Solana’s Hottest New GambleFi Presale Mega Dice Has Already Blasted Past $500,000 In First Week
- What is a Crypto Presale? A Quick Guide to Getting in on the Ground Floor of New Cryptocurrencies!
