As DEX traded tokens continue to mount massive pumps, and XCEPT token ($XCEPT), has become the latest to erupt with a jaw-dropping +8,700% pump on Uniswap.
Recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garnering significant attention, including the ever-popular APX, SAMBO Bot, Baby Meme, TIME, ROCKY and IO.
there's nothing I would buy right now $XCEPT for $XCEPT
higher. pic.twitter.com/n6yXatPhTa
— Wabi Wabi
(@WabiWabiCrypto) November 29, 2023
XCEPT token positions itself as a pioneering suite of BOT and MEV tools that present the opportunity to revolutionize the market experience for retail traders by democratizing the latest trading technology.
Building on the recent trend in trading bots, this skyrocketing new project has been backed by a one year liquidity lock – adding confidence to bullish posturing.
We just locked LP for a year on @UNCX_token.https://t.co/9LEOds9dAC pic.twitter.com/s1Io7ONg8c
— XCeption (@XCeption_bots) November 29, 2023
XCEPT Price Analysis: Can New Trading Bot Project Maintain Skyrocketing Performance After +8,500% Rally?
As XCEPT forms a support zone following the sensational pump, XCEPT is currently trading at a market price of $0.001763 (representing a 24-hour change of +8,298%).
Launched at just 14:00 on November 29, XCEPT token saw a magnificent open, with a small amount of social media marketing fuelling a whopping +7,900% move out the gate – amid a significant inflow of $750k in trading volume.
This saw price hammer up to establish an initial support zone around $0.002125, and with well-defended form over two-hours, the stage was set for a further +33% pump, which pushed price up to an all-time high at $0.003 at 17:00.
However, with price over-extended after delivering a huge +8,500% rally in the first 4-hours of trading, XCEPT entered a retracement move that would ultimately see the token bleed-out -42% over the subsequent of -42%.
Yet, strong support at $0.0017 appears to have established a floor, which has given rise to an emerging double-bottomed support move – within a bullish pendant pattern.
With the stage set for another upside move, all eyes are on the 55% buy pressure in transactions over the past 6-hours for signs of a capital influx.
Indeed, with a lowly market cap of just $1.75m, XCEPT could still see substantial upside moves, with similar bot projects flying to $5m market caps – this suggests as much as a 4x return from current levels.
But while traders, weigh up a late-entry into the XCEPT pump, a safer alternative is emerging in the BTC ETF presale, which just hit $2M as traders flock to the ETF beta play.
This XCEPT Coin Alternative Token Could Skyrocket Amid Bitcoin ETF Bullrun – Don’t Miss Out
A new Bitcoin alternative presale launched this week, offering eagle-eyed traders the opportunity to make it big on unfolding Bitcoin ETF rumors without having to eat the $37,000 cost of becoming a whole-coiner.
Bitcoin ETF Token ($BTCETF) is currently listed at a market price of $0.006, with an alluring $2,044,113 raised in the opening weeks of the presale.
Designed and built with skyrocket potential in mind, this promising token aims to bank big on market excitement surrounding the ongoing applications for Bitcoin spot ETFs.
Aiming for a hard cap of $5m in presale funding, the early stage of this emerging project’s presale offers investors a unique opportunity to get in during this early entry point, which could set the stage for life-changing gains.
Ride the ETF Rally with Ease: Bitcoin ETF Token is a Critical Component in Every BTC Trader’s Toolbox
Indeed, Bitcoin ETF isn’t simply a useless meme coin, beyond taking aim at the biggest narrative in crypto – BTCETF has a major utility: Bitcoin ETF news alerts.
The token’s dApp offers traders a live feed of the latest Bitcoin spot ETF information and news, with sophisticated technology tracking applications real-time at the SEC, and high-speed bots monitoring social media for the latest breaking ETF news.
But a simple feed of Bitcoin Spot ETF news only highlights a fraction of Bitcoin ETF token’s potential, with easy-access to real-time update alerts offering sharp traders the opportunity to make market-beating returns stress-free; being amongst the first to hear about privileged Bitcoin Spot ETF news.
This could enable traders to position themselves appropriately in seismic Bitcoin market movements, making Bitcoin ETF token a critical component in every BTC trader’s tool-box this Winter.
Surging Interest in Bitcoin Alternatives Leaves $BTCETF Poised to Outperform $FROGE Token
Project tokenomics are bolstered by ambitious plans for the incorporation of staking rewards that incentivize long-term holding, alongside a burn mechanism, which will enhance $BTCETF as a ‘digital gold’ alternative, by creating a deflationary mechanism in price.
Set for stage 3 of the Bitcoin ETF project roadmap, an initial burn mechanism will be introduced amid a well-marketed DEX launch, imposing an initial 5% burn tax on transactions – this will be reduced by -1% each time a Bitcoin ETF news milestone is reached.
However, plans are afoot for a larger burn mechanism in stage 4, in a move that will see 25% of token supply burned overtime, this will be conducted in 5% burn intervals – with each supply-side reduction taking place as a Bitcoin ETF news milestone is met.
The milestones for the burn mechanism are as follows:
- Milestone 1 – $BTCETF Trading Volume hits $100m – burn tax on transactions reduced from 5% to 4%, and 5% of total supply is burned.
- Milestone 2 – First Bitcoin ETF is approved by SEC – burn tax on transactions is reduced from 4% to 3%, and a further 5% of total supply is burned.
- Milestone 3- First Bitcoin ETF launch date – burn tax on transactions is reduced from 3% to 2%, and a further 5% of total supply is burned.
- Milestone 4 – Bitcoin ETF assets under management (AUM) hits $1bn – burn tax on transactions is reduced from 2% to 1%, and a further 5% of total supply is burned.
- Milestone 5 – Bitcoin price hits $100k – burn tax on transactions is reduced from 1% to 0%, and a further 5% of total supply is burned.
This will create a gradual decrease in total supply, eventually leaving around 70% of BTCETF in circulation, with the supply-side reduction inducing upside price growth.
And that is without considering the potential for token value accrual driven by demand from traders for access to the ETF news dApp and the ever-present demand for Bitcoin alternatives.
Indeed, 2023 has seen explosive growth in Bitcoin-related tokens – with markets showing a real appetite for BRC-20 ordinal tokens, Bitcoin Cloud Mining, and Bitcoin derivatives.
So don’t miss your chance to get in early ahead of the next major Bitcoin rally leg – connect with the project on X (Twitter) and Telegram for more details.
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.
The post As XCEPT Token Spikes Up 8,700% on Uniswap, This Other Crypto Has Bagged $2 Million appeared first on Cryptonews.
#IndustryTalk #DEX #DEXtoken #DEXTools #Uniswap #XCEPT #XCEPTcrypto #XCEPTprice #XCEPTtoken [Source: CryptoNews]