As RAIN Token Propels Upward 900%, This Under-the-Radar Crypto Has Garnered $1.6 Million – Prepped for Explosion??
As on-chain markets continue to thrive, Precipitate.AI (RAIN) token emerges as the latest break-out following a stunning +900% rally - but could Bitcoin Minetrix offer superior returns?
Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including DEE, APX, MEGA, REFUND, DRS and SNOR.
Built on the promise of AI-powered Web3 Infrastructure, Precipitate AI offers an exciting proposal with RainDrop VPSs, Validators-as-a-Service, AI APIs.
The skyrocket move comes as RAIN mounts a recovery from a tumultuous drop, RAIN is currently trading at a market price of $0.0006666 (representing a 24-hour change of -9.36%).
Precipitate.AI undertook a tumultuous -91% drop at 5am on October 16 - sending price tumbling from $0.0009744 down to low support at $0.0000844.
However, significant buy-pressure - representing 60% of transactions over the past 6-hours has seen a drop eaten up in less than 4-hours as RAIN price action undertook a dramatic +900% recovery.
Price is now trading at a slight loss on October 15, with a tough layer of resistance emerging at $0.0008.
Impressively, this huge move appears to have been triggered by just $5.85k in volume - highlighting the early stage of this potentially impactful project.
Now standing at a $662k market cap - and powered by an army of more than 575 holders - RAIN technical structure looks strong here, as price stabilizes - potentially poising RAIN for further upside returns.
Yet, with price action vulnerable to such big moves catalyzed by such small volumes, smart money is shifting its attention to a breakout Bitcoin Cloud mining presale with the potential to boost decentralization on the Bitcoin network hashrate.
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