DEAPcoin Price Analysis and Potential Downturn: Is Chimpzee a Better Crypto Investment?

DEAPcoin Gains 5%

The price of DEAPcoin has increased by 5% in the last 24 hours, reaching around $0.0012. However, there is low interest in this token, and it may be at risk of a potential plunge. This raises the question of whether Chimpzee could be a better crypto investment considering this potential downturn.

Key Points:

DEAPcoin’s price has increased by 5% according to CoinMarketcap.
DEAPcoin’s value is still lower than its intra-day peaks, where it climbed the hourly chart by 14.5% in 11 hours.
At press time, DEAPcoin is valued at $0.0012 with a minor increase in market capitalization of 5% and a decline in trading volume by 33%.
DEAPcoin is a P2E ecosystem that aims to solve real-world problems through gamification and token incentives. It powers an NFT DeFi platform and addresses issues related to IPs and copyright.
The recent increase in DEAPcoin’s price can be attributed to the signing of an MOU with Greenway Grid Global and TEPCO Power Grid, as well as an illustration contest for Land NFT illustrations.

DEAPcoin’s Price Analysis

DEAPcoin’s performance has been bearish since its launch, with a 40% plunge since June 13, 2023. Its MACD is negative, and the token is currently consolidating. Limited exposure and engagement on social media contribute to the bearish sentiment surrounding DEAPcoin.

Chimpzee Could be a Safer Alternative

Considering DEAPcoin’s lack of popularity and bearish action, Chimpzee offers a safer alternative. Chimpzee is a green cryptocurrency project that introduces an ecosystem for protecting the environment and earning crypto. With unique earning mechanics, including a shop, NFT marketplace, and game, Chimpzee has the potential to grow. Its presale has already raised over $1.01 million.

Hot Take:

While DEAPcoin has seen a small increase in price, its overall performance and limited exposure make it a risky investment. Chimpzee, on the other hand, offers a promising P2E ecosystem that combines environmental protection and earning potential. With its presale gaining momentum, Chimpzee could be a better choice for crypto investors.