The price of the MODE token has surged by 4,705% to $0.04789 in the past 24 hours, with a surge in trading volume of 14,678% to $38.98 million. The project's price surge is due to many developments surrounding the new MODE token. The token has recently had several new listings on platforms such as CoinMarketCap, CoinGecko, Gate.io, MEXC, and Bitget.
MODE also recently conducted its first airdrop and announced the start of Season 2. MODE explained that Season 2 started on May 5 of this year and will last until September 6. The project has provided 500 million MODE tokens (out of a total supply of 5%) to users, including up to 1 million OP token incentives. The project's tokens run on its native MODE network, and MODE is currently working hard to grow its ecosystem, collaborate with other projects, and attract as many developers as possible to join.
MODE aims to become one of the largest networks and participants in fields such as DeFi, and the long-term goal is to build a new growth system through the MODE ecosystem.
MODE Token Price Prediction:
The price of the MODE token saw a massive surge after its launch, but then fell after a significant correction. The price of the token was driven by airdrops, multiple listings, massive exposure, and the project's plans to expand the ecosystem. However, once the price surge reached its apex, the token went into free fall. Even now, with the price falling significantly as shown in the chart below, its value is still significantly higher than it was at the time of listing and remains a worthwhile investment for early buyers.
It is difficult to say what will happen next, but there are some signs that a recovery may be coming, such as the value of the relative strength index (RSI), which has reached oversold territory in the past few hours. Typically, once the RSI drops below 35, it is considered oversold, which may prompt many to buy in anticipation of another rally.
However, it is equally possible that the price continues to fall or stabilize. The project’s Bollinger Bands suggest that the bearish sentiment may continue for a while, as the bands are narrowing significantly compared to previous performance.
Currently, MODE has been online for a very short time and has not yet stabilized and has not yet gotten rid of the extreme volatility that often occurs after listing. During this period, prices may change and traders need to monitor and react in a timely manner. There is not enough historical data to make accurate long-term predictions, and prices can still change dramatically.
Promising alternatives to MODE:
MODE is one of the top performers today, but some think it might be too late to get into the coin after such a big run-up. Possible alternatives to consider include the presale of Mega Dice (DICE), which is expected to see a strong run-up after its launch.
DICE is a cryptocurrency created by Mega Dice, a major cryptocurrency casino that was founded last year. The casino allows users to place bets using digital currencies for greater privacy, faster payments, and lower costs. Now, it is moving to the next stage by launching its own token.
With over 50,000 registered users and over 10,000 monthly active users, and $50 million in bets per month, Mega Dice is one of the largest casinos, with enough people to drive demand for its DICE tokens.
It also offers incentives to its token holders, such as participation in airdrops worth $2.25 million divided into 3 quarters, as well as daily rewards given to token holders based on the casino’s performance and bonus investments for participating in the pre-sale early.
Currently, DICE is selling for $0.069 and the presale has raised over $820,000. The price is likely to rise when the presale raises $1 million. You can buy it on the project's platform using SOL, ETH, or BNB.
Visit Mega Dice official website: https://megadicetoken.com/
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