In recent news, Uniswap (UNI), Optimism (OP), and Pomerdoge (POMD) have emerged as the most accumulated tokens by traders. Interestingly, traders only accumulate tokens with bullish price potential. Let us look at the price analysis of these tokens.
Uniswap (UNI) Buyers To Retest $7.00 Zone
In 2021, Uniswap (UNI) price reached an all-time high of $44.97. However, it has since dropped by nearly 75% after plunging below a crucial support at $15. Currently, Uniswap price is displaying momentum and gradually lifting the gains from the past sessions.
Over the past months, Uniswap has experienced a corrective phase. It has declined by more than 50% from the high of $7.500 to the low of $3.500. Fortunately, Uniswap bulls have shown great interest, accumulating the token price from the demand zone.
This led to a notable reversal as Uniswap reclaimed the $6 region. Buyers are gaining traction and are willing to retest $7.00 in the upcoming sessions. At press time, Uniswap is trading at $6.19 with an intraday gain of 2.29%, showing bullishness on the charts.
Optimism (OP) Gains 7% As Traders Accumulate Tokens
After a slight improvement in the broader cryptocurrency market, Optimism (OP) has shown positive gains today, August 3rd. The price of Optimism currently stands at $1.67. Notably, this marks a 1.76% price increase in the last 24 hours and 7.63% over the past week.
Optimism has maintained a fairly bullish momentum from July 13th to August 23rd, boasting an impressive 30-day price increase of over 25.2%. However, uncertainty regarding its future price action remains high, and speculations suggest that the recent base exploit might influence Optimism’s market outlook in the coming days.
Currently, Optimism’s Relative Strength Index is rising. It is at 66.71 which indicates that the Optimism market is in a neutral position.
Pomerdoge (POMD) Sees Massive Accumulation Ahead of Rally
An upcoming project that will merge the play-to-earn (P2E) sector with the captivating meme coin space, Pomerdoge (POMD), has been the center of attraction. This exciting P2E game will not only provide thrilling gameplay but also introduces players to unique avatars called Pomerdoges.
In addition, players will have a chance to earn while immersed in the gaming experience. Currently, traders and whales alike are accumulating the token before it launches.
The Pomerdoge ecosystem will host NFTs and provide a social infrastructure for gamers to interact and participate in competitions.
Pomerdoge will offer prizes of up to $100,000 through various contests and giveaways. Unsurprisingly, Pomerdoge has generated heightened excitement around this new P2E game due to its unique offerings. The POMD utility token powers the Pomerdoge ecosystem.
Top crypto analysts predict that POMD stands as a top contender for substantial gains in this year’s bull market. Currently trading at an attractive $0.007, experts forecast the token to rise by more than 4,000% before the year’s end.
Find out more about the Pomerdoge (POMD) Presale Today:
Telegram Community: https://t.me/pomerdoge