AMC price has increased by 96% in the past week and 6% in the past 24 hours, and is currently trading at $0.000000151 per share. As of 10 am EST, the trading volume was down 7% to $1.6 million.
The pump, which brought the coin to its all-time high, appeared to be triggered by the presidential debate between President Donald Trump and President Joe Biden.
While the debate was a major event in American politics, it also had ramifications outside of politics, such as in digital finance.
Market Analysis:
$ Trump
$MAGA
$AMC
(All #PolitiFi
memecoins/
$Eth)
Fact: US Meme Coin surges after presidential debate, while Trump and MAGA slide
Why: AMC represents America — it will survive the election and is bipartisan
@eth_amc
/ on dextools &…
pic.twitter.com/zjuEMOWL9o
— Shiba Capital (@ShibaCapital)
June 28, 2024
AMC stands for American Meme Coin, and its official website states that the country has been "betrayed by our representatives for long enough" and that "it's time to Make America Great Again."
AMC Price Prediction
AMC prices surged ahead of yesterday's presidential debate, but also saw a sharp price correction after the event as many people who bought before the event decided to take profits and sell after reaching new all-time highs.
The question everyone is asking now, including those who still hold AMC and those who are interested in buying again or for the first time, is what happens next?
Unfortunately, the answer is not as simple as the project's technical indicators often show. For example, AMC's Bollinger Bands have begun to expand sharply in the past few hours, which is a bullish sign. What's more, the price is quite close to the upper band, which indicates strong bullish behavior.
Meanwhile, the project’s relative strength index (RSI) is showing 68.62, which shows that traders are indeed buying the coin again. However, with the RSI approaching the overbought region, this suggests that another pullback could come soon.
After all, the RSI is a very commonly used indicator that shows traders when buying pressure is greatest, which usually also means that prices are highest. At that point, many people start selling to take profits, which can quickly cause prices to move in the opposite direction.
It was a missed opportunity for those who held on too long, but it was also true for those who sold too early and missed the peak in price. Right now, the RSI shows that AMC has some room to grow before traders react, but considering the high volatility of this asset, handling it currently carries a fairly high risk.
A promising alternative to AMC
While AMC has seen a surge due to the election debates and may surge again once the election itself approaches, those looking to try a less drastic project could consider a GameFi alternative called Mega Dice (DICE).
Mega Dice, a gaming token for an online casino called Mega Dice, has raised more than $1.5 million in its presale.
Haven't purchased $DICE yet? Click the link below and you can buy it in just a few simple steps - if you're still unsure, check out our reasons below ⤵️
Buy $DICE here:
https://t.co/E5WFsXQhfQ
Current Price: 1
$DICE
= 0.0825 USD
Here’s why $DICE is poised to become the leading GameFi token, surpassing all other…
pic.twitter.com/wI2jy30ntr
— Mega Dice Casino (@megadice)
June 28, 2024
The native DICE token will be at the heart of the Mega Dice platform, deeply integrated with all of its gaming features. In addition, holding it will also provide users with a number of benefits. The most notable of these is the daily rewards, which will depend on the casino’s daily performance.
In addition, holders will also receive benefits such as early bird rewards and limited edition NFTs.
Mega Dice also attracted investors by offering a massive airdrop totaling $2.25 million, divided into $750,000 per quarter. To qualify, all one had to do was stake $5,000 within three weeks on the project’s platform.
Today, DICE Airdrop Season 2 officially ends, but soon
Mega Dice
The third and final quarter will begin, which will be the last chance to participate in the event.
YouTuber Jon Trading said DICE has the potential to become the next 100x cryptocurrency.
DICE is priced at just $0.0825 and can be purchased with SOL, ETH, or BNB. If you are interested, buy it soon because the price will increase in less than three days.
Click here to visit the official DICE website.
Related articles:
Mega Dice Price Prediction – DICE Price Potential in 2024
GameFi phenomenon Mega Dice tops $1.3 million in public sale
How to Buy Mega Dice Tokens - $DICE Presale Review
Mega Dice - The Newest GambleFi Token
Rating
Established crypto betting brand
Cointelegraph Recommends - The First Licensed Telegram Casino
Presale in progress - megadicetoken.com
Visit Presale
Join our Telegram channel to get the latest news coverage at any time.
English 
Chinese (China) 
Chinese (Hong Kong) 