MANA, PEPU, and ARC are attracting significant attention as newly launched tokens with strong activity. MANA, now on Raydium, has over 13,000 holders and 44,000 daily transactions, despite its market cap dropping to $21.6 million from a $44 million peak.
PEPU, a meme coin in the Ethereum ecosystem, boasts 60,000 holders and $52 million in daily volume, with its RSI at 30 suggesting potential for a rebound after a sharp correction. ARC, with 11,600 holders and $42 million in daily volume, has an RSI near overbought levels but continues to show upward potential with a $93 million market cap.
Meme Anarchic Numismatic Asset (MANA)
MANA was initially launched on Pump.fun and later graduated to Raydium, the largest decentralized exchange (DEX) on Solana. Since its launch nearly four days ago, MANA has gained significant traction among newly launched coins, amassing over 13,000 holders.
Despite its early success, its market cap, which peaked at nearly $44 million, has now dropped to $21.6 million following a correction over the past two days. The token continues to see strong activity, with over 44,000 transactions per day, highlighting sustained interest.
Currently, MANA’s RSI stands at 51, indicating neutral momentum and suggesting that the token is not overbought. With its price down 8% in the last 24 hours, this could present a potential entry point for investors expecting a rebound.
If MANA capitalizes on its strong transaction activity and sustained holder base, it could attempt to recover its previous $44 million market cap in the near term, making this dip an opportunity for accumulation.
Pepe Unchained (PEPU)
Despite being down more than 50% in the last 24 hours, PEPU has quickly established itself as a potential rising star among meme coins in the Ethereum ecosystem. Launched just three and a half days ago, it has already attracted over 60,000 holders and sees a daily trading volume of $52 million.
Its market cap is currently $248 million, a sharp drop from its peak of nearly $500 million just a day ago, reflecting intense initial volatility.
PEPU’s RSI is currently at 30, signaling that the token is in oversold territory. This metric, combined with its rapid adoption and substantial trading volume, suggests that a rebound could be on the horizon.
With such a large holder base and consistent trading activity, PEPU demonstrates strong community interest and could rise as one of the leading new coins in the next few days. These factors could make the current dip a potential opportunity for those anticipating a quick turnaround.
AI Rig Complex (ARC)
ARC, launched on Pumpfun three days ago and now graduated into Raydium, has quickly gained traction with more than 40,000 daily transactions and over 11,600 holders.
Its market cap is $93 million, and its daily trading volume of $42 million highlights strong market interest in ARC.
With an RSI of 69.75, the coin is approaching the overbought zone but remains just below it. Historically, its RSI has crossed above 70 before a correction, yet its momentum continued for a time before retracing.
Given its high transaction activity and substantial trading volume relative to its market cap, ARC may still have room to rise. The strong market engagement suggests the coin’s current trajectory could push it further upward before any significant pullback.
The post 3 New Cryptos Launched This Week to Keep an Eye On appeared first on BeInCrypto.
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Tiago Amaral
https://beincrypto.com/new-cryptos-second-week-december/
2024-12-13 20:30:00
