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Cryptocurrency News Articles

$PRIME Faces Token Unlock Event On August 31st

Aug 29, 2024 at 04:47 pm

The cryptocurrency market has witnessed a remarkable surge in $PRIME, with a staggering 40% increase over the past seven days, reaching a high of $9.45 on August 25.

$PRIME Faces Token Unlock Event On August 31st

Despite a 40% price increase in the past seven days, smart traders are still buying $PRIME in anticipation of a “mega pump.”

The cryptocurrency is facing a token unlock of 750,000 tokens on August 31st, valued at around $5.4 million. Technical analysis indicates that $PRIME is encountering strong resistance at present.

After surging by over 40% in the last seven days, $PRIME is now trading at $9.45, with smart traders continuing to show buying pressure, evident in a 22% increase in their balances over the past 24 hours.

The token encountered a high of $9.45 on August 25, with prices fluctuating within a narrow range since then. Despite the significant price increase, smart traders continue to exhibit buying pressure.

$PRIME is now facing a token unlock of 750,000 tokens on August 31st, valued at around $5.4 million. According to crypto data, this unlock is equivalent to 1.68% of $PRIME's circulating supply.

Technical analysis indicates that $PRIME has entered a robust resistance zone, prompting caution among investors.

The token is also set for a substantial unlock of 750,000 tokens on August 31st, valued at approximately $5.4 million. This unlock is significant as it might impact the token’s price movements.

Some traders are predicting a “mega pump” as Echelon Prime breaks out of resistance. But considering the token's technicals and the upcoming unlock, it's best to trade with caution and watch out for market volatility.

Some are shilling $PRIME in anticipation of a massive price movement, speculating about an impending “mega pump” as the token breaks out of resistance.

However, it's essential to note the token's technical aspects and the upcoming unlock, which could influence its price movements.

This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Original source:nulltx

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