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Missing out on 3 new Crypto coins launched this week may regret it!

December 20, 2024
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Unicorn Fart Dust (UFD), Based Turbo (TURBO) and Magaverse (MVRS) are three emerging coins that are attracting attention in the cryptocurrency market. UFD, with over 35K holders and 162K trades per day, is down 30% in the past 24 hours, opening up a buying opportunity as RSI reaches 63.

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In contrast, TURBO quickly attracted 166K owners and daily trading volume reached $2 million, but high bot activity caused caution despite its strong start. MVRS, tied to the political narrative of Donald Trump’s presidency, has a daily trading volume of $11 million and an RSI at 67, suggesting the possibility of a correction that could create a buying opportunity.

Unicorn Fart Dust (UFD)

UFD was launched on Pump.fun three days ago before moving to Raydium. It quickly attracted attention, with over 35K owners and 162K transactions per day. These numbers highlight the community’s active interest and participation in the coin’s ecosystem.

UFD price chart and market data.
UFD price chart and market data. Source: Dexscreener

Despite a daily trading volume of $177 million, UFD has dropped nearly 30% in the past 24 hours, likely due to profit-taking following the rapid price increase. This correction brings volatility but may also attract new buyers looking for an entry point.

With RSI reaching 63, UFD is approaching the overbought zone but still below key levels. The recent decline could be a good opportunity to enter a position, as selling pressure could stabilize and set the stage for a recovery.

Based Turbo (TURBO)

Based Turbo (TURBO) launched on Base about five days ago and quickly attracted over 166K owners. This rapid growth reflects strong initial interest in Token on-chain Base.

TURBO price chart and market data.
TURBO price chart and market data. Source: Dexscreener

Its daily trading volume is approaching 2 million USD, supported by over 110K transactions. However, a large number of transactions have been confirmed to be bot activity, raising concerns about the sustainability of its growth.

With RSI reaching 61, TURBO is also close to overbought but still below key levels. While Token activity may signal short-term opportunities, users should be cautious due to high bot activity, which can lead to sudden price fluctuations or manipulation.

Magaverse (MVRS)

MVRS was launched on Solana over five days ago and already has over 7K owners. Its daily trading volume is approaching 11 million USD, and there are over 75K transactions per day. Although these indicators show positive activity, the number of holders is still modest for coins on Solana.

MVRS price chart and market data.
MVRS price chart and market data. Source: Dexscreener

MVRS could exploit the upcoming political momentum as Donald Trump takes office as President of the United States. Like other political coins, MVRS has the potential to gain traction during important events.

With RSI reaching 67, MVRS is approaching overbought levels and has increased 30% in the past 24 hours. If there is a correction, this could be a favorable entry point for those looking to benefit from the political story and growing interest in the markets.

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