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As REFUND Token Shoots Up 1,000%, This Overlooked Bitcoin Project Has Locked In $1.5 Million – Next 100x Coin?
Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless pump-and-dump moon-shots, including DEE, APX, MEGA, Blinky, DRS and SNOR.
Bolstered by the promise of Ethereum staking rewards, REFUND appears to have surged amid growing interest in so-called ‘reflection tokens’ - which seek to reward holders with a share of transaction fees.
REFUND Price Analysis: Will Refund Token Skyrocket Endure?
As price action undertakes retracement and consolidation, REFUND is currently trading at a market price of $0.063207 (representing a 24-hour change of +198.84%).
However, an emerging support level at $0.062808 has now provided a consolidation zone for 6-hours - suggesting price action has found a foothold that could trigger a major bounce.
At 22:00pm on October 15, 25-hours after trading began, REFUND hit a localised all-time high at $0.066120 - which now forms the upper target for price action.
The sensational run was fuelled by more than $2m in 24-hour trading volume, in a frenzy of more than 7.9k in transactions driven by almost 930 holders.
With the REFUND market cap now stood at $1.15m, upside prospects look good here following a successful consolidation, with many similar reflection tokens surging to $3m market caps in recent weeks.
This suggests REFUND could still undertake a 2-3x move from an entry here, if price is able to breakout of the localised descendant trading channel.
But while on-chain traders size up a late entry, in other news, an emerging Bitcoin cloud mining presale is stealing the limelight.
Bitcoin Minetrix (BTCMTX): Presale Enters Stage 2 Funding as +$1.5M Raised
Offering an enticing 1224% Staking APY, Bitcoin Minetrix provides a platform where users can buy, stake, and then watch as the rewards start accumulating
The true essence of passive income in the crypto world has never been this accessible
With the Bitcoin Minetrix approach, gone are the days of heavy initial capital and navigating complex mining contracts.
Key Highlights of the BTCMTX Advantage:
In sum, Bitcoin Minetrix is set to redefine the Bitcoin landscape, with its innovative methodologies, stringent security measures, and the vast potential of its stake-to-mine mechanism, it beckons as a lucrative opportunity for early bird investors
Secure your position in this transformative journey by joining the BTCMTX presale today.
Buy BTCMTX Here
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.