Can Curve Dao (CRV) reach $ 1.5 after the increase of 286 % before this token?

Can Curve Dao (CRV) reach $ 1.5 after the increase of 286 % before this token?

Can Curve Dao (CRV) reach $ 1.5 after the increase of 286 % before this token?
  • Curve Dao (CRV) achieved a 22-month high after an increase of 286 %, driven by the introduction of the saving crvusd stablecoins.
  • CRV is currently in the overbought area and could be exposed to short-term consolidation before it strives for $ 1.5.
  • idegen combines meme culture and AI technology with a dynamic price model and thus creates volatility and potential for capital profits.

In December, the cryptocurrency market experiences a remarkable price increase, especially Curve Dao (CRV). The token started in December with a weekly increase of 52 % and thus attracted attention both experienced investors and newcomers.

After the strong CRV performance, many are now wondering whether he can continue his upward trend and reach $ 1.5 as a further token. Idegen is created with a unique extension for community engagement and dynamic pricing.

Curve dao (CRV) reached a 22-month high

The Curve Dao (CRV)-token reached a 22-month high of $ 1.33 on December 7, which is primarily due to the introduction of saving CRVUSD stable coins.

The Savings CRVUSD StableCoin not only enables users to earn rewards, but also position CRV as potential competitors for other StableCoin platforms. The decision to introduce SCRVUSD-a yield-impaired stable coin-has increased the interest of investors and drove the open interest of CRV to an all-time high of $ 262 million.

Despite a recent correction of 7 %, the market capitalization of CRV remains robust with $ 1.6 billion, which indicates a strong underlying support.

Since the daily trade volume has increased to $ 635 million, CRV seems to have been prepared for further growth. However, the Relative Strength Index (RSI) of the financial value points out that it is currently overbought, which indicates a possible short -term drop in price before it can continue his upward dynamics.

The next significant resistance for CRV is $ 1.08, with support at $ 0.8672. If it succeeds in keeping the closing price of $ 1.08, it could strive for the next resistance at $ 1.22, so that $ 1.5 is in sight if the dynamic stops.

IDEGEN proves to be a promising alternative

While Curve Dao (CRV) continues to attract attention with its established defi protocols, a new player, Idegen, quietly and quietly ensures a stir in advance.

idegen was created in November 2024 and combined Meme culture with the latest AI technology to create a unique digital asset that is developed based on it based Community commitment to x . This dynamic approach enables the AI ​​behind ideals to learn from every interaction and adapt, which creates a project that is continuously designed by its users.

The ongoing Idegen-Vorhare Has already collected over $ 3.4 million and sold more than 655 million tokens. The pre-sale includes an innovative dynamic price model that adapts the price of the native Idegen token ($ IDGN) every five minutes based on the purchase activity and thus creates a volatile yet exciting environment for early investors.

If a single purchase takes place within five minutes, the price will remain the same in the next five -minute session. In the case of consecutive purchases, however, the price increases by 5 %, while if the price is not purchased, the price drops by 5 %.

The Idegen advance ends on January 1, 2025 with a planned list price, which is 10 % above the final advance booking price, which offers a unique opportunity for capital gains.

In particular, the Tokenomics approach and the dynamic price model of Idegen make it an interesting counterpart to CRV on the market.

Which token could achieve $ 1.5?

While CRV benefits from an established user base, a robust market capitalization and a strong defi ecosystem, it faces short-term level of resistance and an overbought RSI that may require a short consolidation before it can strive for $ 1.5 On the other hand, the dynamic nature and the innovative model of Idegen, which are borne by the community, indicate that the company could possibly use its early dynamics and its community engagement. The unique price strategy and the upcoming listing of the token could act as a catalyst for a price increase and make it possible to possibly exceed CRV at short notice and to achieve $ 1.5 in the past.

The long -term profitability of Idegen, however, depends on the maintenance of the user interest and the success of its innovative tokenomics.

Source: Coinlist.me