Theta Fuel (TFUEL) has seen two significant dips this year, with the latest one occurring in August when its price dropped by over 25%. Initially, the price only dropped from $0.043 to $0.039, and while the level at $0.040 did become a strong resistance, the token has spent two weeks trading sideways. However, after Bitcoin led the market down on August 17, TFUEL was quick to follow, sinking to $0.032 and finding a new bottom just above the support at $0.030. Over the past ten days, the token went up and down from this level at the bottom to a new resistance at $0.035, with constant fluctuations. The launch of the Thea Video API on June 15 gave the token a boost, increasing its price by over 3% on the announcement day and over 30% over the next five weeks. However, as of August 17, the project lost momentum, and when Bitcoin started pulling the market down, TFUEL followed. While waiting for TFUEL to find its footing and start a recovery, many have turned to Sonik (SONIK), a new meme coin that attracted market participants through their use of memes and a famous pop-culture character. The project is currently in the middle of a presale, which has already raised over $622k in only a few days. As of August 28, the presale is offering SONIK for $0.000014, which will last for another eight days. Anyone interested in buying the token can do so in exchange for ETH or USDT. Wall Street Memes is the next big crypto, with an early access presale live now. It has an established community of stocks and crypto traders, and has been featured on BeInCrypto, Bitcoinist, and Yahoo Finance. It is rated as the best crypto to buy now in the meme coin sector, and the team behind it is the same one behind the OpenSea NFT Collection – Wall St Bulls. Tweets from the project have even been replied to by Elon Musk.
This News Article was automatically generated by Bob the Bot(AI)
This News Article was automatically generated by Bob the Bot(AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | neutral |
| Relevance Score | 7 |
| People | Yahoo Financ, Bitcoinist, BeInCrypto, Elon Musk |
| Companies | Yahoo Financ, Theta Fuel, Bitcoinist, OpenSea, BeInCrypto, Sonik |
| Currencies | usdt., ethereum, sonik (sonik), theta fuel (tfuel), bitcoin |
| Securities |
