YAMA Price Projection: YAMA Surges by 110% as DeFi Integration Advances

YAMA Price Projection: YAMA Surges by 110% as DeFi Integration Advances

The YAMA Token: A Surging Investment Opportunity

The price of the YAMA token has experienced a dramatic surge since its launch on September 4. As of September 6 at 5:42 am EST, it is valued at $0.012, representing a remarkable increase of over 110%. In just 24 hours, its value skyrocketed 550 times, sparking a frenzy of accumulation between investors.

According to data from CoinMarketCap, the volume of trading of YAMA has increased by 176% in the previous day, indicating a growing demand for the token. The question arises: how high can its price go?

Price Gains Driven by Multiple Exchange Listings

MEXC exchange recently announced a Kickstarter listing event, where users can support their favorite projects by voting using MX tokens. YAMA token is now listed on Kickstarter, offering voters the opportunity to gain  whole lot of airdrops.

Projected Value of the Global Cryptocurrency Exchange Platform Market to Reach $110.12 Billion by 2028

Along with this, BitGet exchange has made YAMA available on Bitget Swap, expanding its exposure to millions of users. These exchange listings reflect the increasing interest in YAMA between the cryptocurrency community and have likely contributed to its price surge.

YAMA Sets New All-Time High

On September 6, YAMA reached a new record-breaking peak value of $0.013, with a market cap of $12.8 Million. According to the developers, the next target is a market cap of 20 Million, which they believe can be achieved after the centralized exchange listing.

Understanding the Purpose Behind Treasury’s Minting of $1 Billion USDT: Tether CTO Provides Insights

YAMA Retreating from Overbought Zone

After reaching its record-breaking peak, YAMA experienced a short-term fall to $0.011. Nonetheless, buyers still dominate the market and are pushing for further price gains. Technical indicators suggest a probable rebound and continued buyer activity.

Bears at $0.013 Force Price Decline

Resistance at $0.013 has caused a decline in YAMA’s price, briefly testing the $0.009 level of support. A fall below this level may confirm a bearish trend. To regain its previous price level, YAMA needs to overcome the $0.011 resistance level.

BTCBSC: An Alternative for YAMA Investors

For investors who missed out on YAMA’s initial surge, the ongoing BTCBSC presale presents another opportunity. BTCBSC is an eco-friendly BEP-20 token built on the BNB smart chain. Staking BTCBSC allows holders to earn passive income instead of engaging in energy-intensive mining.

Balancer Protocol Experiences Second Compromise Within a Month

Staking and Roadmap Make BTCBSC a Promising Project

BTCBSC supports a stake-to-earn model, with bonus distributed over 120 years. This long-term commitment and the attractive APY of 38,647% have already attracted whole lot of staking activity. Staking BTCBSC can help prevent token dumping and attract more users to the ecosystem.

Hot Take:

The YAMA token has captured the attention of investors with its impressive price surge since its launch. With multiple exchange listings and a growing community, YAMA’s value is expected continuation growing. Nonetheless, cautious analysis of market trends and resistance levels is necessary to make notified investment decisions.

What Sets Symbol Coin Apart from Other Cryptocurrencies?
Author – Contributor at | Website

Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.

Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

Follow us

Latest Crypto News

Share via
Share via
Send this to a friend