NFAI Price Update: 8% Gain – Sell or Hold?

NFAI Price Update: 8% Gain – Sell or Hold?

Not Financial Advice (NFAI) Price Surge

Not Financial Advice (NFAI) is a decentralized hedge fund experiment that uses neural net technology for leverage trading decisions. While the rest of the crypto market experienced a bearish trend, NFAI saw a significant surge in price.

  • NFAI has seen a 42% price increase in the past week.
  • In the previous 24 hours alone, its price went up by nearly 15%.
  • The token’s value started to increase around August 27 and broke resistance levels at $0.11, $0.12, and $0.13.
  • On August 30, the token reached $0.15.

Correction and Price Recovery

After a sharp rise, NFAI experienced a correction and dropped to under $0.14. However, it quickly bounced back and started trading in the green in September.

  • On September 1, the token returned to the resistance at $0.15 and broke it, reaching $0.16.
  • The current price sits at $0.1557 after a minor correction.
  • NFAI’s market cap is currently $11.4 million.
  • The daily volume surged by 6% since the start of the price surge, reaching $1.3 million.

Sonik Meme Coin Presale

Sonik, a new meme cryptocurrency inspired by Sonic The Hedgehog, has raised over $918k during its presale.

  • The presale will last for four more days.
  • The token plans to focus on staking and has dedicated 40% of its total supply to staking rewards.
  • Half of the supply is currently on sale, and the remaining 10% will be used for liquidity once the token hits exchanges.

Hot Take

NFAI’s price surge reflects its unique position as a decentralized hedge fund experiment using neural net technology. Meanwhile, Sonik’s success in raising funds during its presale demonstrates the popularity of meme coins with unique features like staking rewards.

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NFAI Price Update: 8% Gain – Sell or Hold?