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Cryptocurrency News Articles

AVA AI (AVA) Skyrockets 2,621% in Two Days, But Can It Keep the Momentum Going?

Jan 14, 2025 at 09:21 pm

The AVA AI price skyrocketed 2,621% in the last 24 hours to trade at $15.59 as of 3.45 a.m. EST on trading volume that dropped 69% to $10.23 million.

AVA AI (AVA) Skyrockets 2,621% in Two Days, But Can It Keep the Momentum Going?

The AVA AI price skyrocketed 2,621% in the last 24 hours to trade at $15.59 as of 3.45 a.m. EST on trading volume that dropped 69% to $10.23 million.

Despite being only a few days old, the token’s price surged, allowing its market cap to hit $15 billion. Its price also hit a new all-time high recently, when it climbed to $16.14. This was then followed by a small correction to the token’s current price, but it is already recovering once more, rushing to re-test the resistance at $16.

AVA AI emerged as a new project in the middle of the constantly-growing world of meme coins, seeking to bring “a heartwarming and delightful presence,” embodying “cuteness, innocence, and a sense of joyful community.” In other words, it is a community-oriented project that promotes inclusivity and offers a safe space in the crypto industry.

The project’s message and goals have clearly resonated with the community, attracting buyers and their capital to the point where this very new project reached a market cap of over $15 billion within days, becoming one of the most successful cryptos of the year.

AVA has been seeing growth for several days now, but it might be approaching its limit now. The project’s Bollinger Bands have seen a sharp narrowing as the crypto reached the resistance at $16, suggesting growing uncertainty. The price is still pushing the upper band up for the time being, but it is also seeing fluctuations that regularly take it to the middle line between the upper and lower band.

Should the project manage to turn the resistance at $16 into a support, it could see additional growth, however, especially now that the rest of the crypto market seems to be recovering from recent drops.

The project’s Relative Strength Index (RSI) certainly suggests that there could be some more room for growth. While the token’s price did reach the overbought zone earlier, even entering it slightly to reach the value of 75, it has since dropped to the neutral zone.

Still sitting above 50, and fluctuating between 55 and 65 for the most part in the last several hours, the metric has more room for growth before traders take it as a signal to sell.

If AVA does reach its limit soon, then this would be the best time to switch to a different high-potential token, such as Flockerz (FLOCK).

Flockerz is a new meme coin that is currently still in presale, but will soon go live. The project was designed as a community-oriented cryptocurrency with an innovative Vote-To-Earn model, which is meant to incentivize the project’s token holders to participate in its community governance.

As a decentralized cryptocurrency, Flockerz needs its community to make decisions. In order to fully harness the power of the community, all such matters are put to vote. If you have an idea, you can make a proposal, and a community votes on it. After that, the project does whatever the majority voted for, either implementing or discarding the proposal.

All the big boys are voting yes in The Flock tonight!

You in? 👀🐦https://t.co/HKN509Un5J pic.twitter.com/6AJqlpXKtc

— Flockerz (@FlockerzToken) January 11, 2025

The problem is that over time, many get tired of voting and lose interest, which tends to leave projects in the hands of a small group of community members, which could lead to centralization. To combat this, Flockerz rewards its community members with FLOCK tokens every time they vote on one of these proposals, giving them a reason to keep coming back and participating.

Not only that, but the project also offers high staking rewards. As such, any of the tokens holders get from voting can be staked to earn even more. To get started, investors need to make an initial investment.

The best time to buy is right now, while the project is still in its presale stage. This ensures that you can get it at the lowest possible price, as several experts believe that it is likely FLOCK will see a huge price surge after going live.

Since its ICO will end in only 8 days, that leaves investors with only slightly over a week to get involved before the anticipated price surge. So far, the project has raised over $9.9 million and will likely hit the $10 million milestone soon.

Crypto YouTuber ClayBro, who has over 135K subscribers, recently speculated that FLOCK could see 7x gains after its launch.

Buy FLOCK here before its presale comes to an end.

Disclaimer:info@kdj.com

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