IMPT Price Prediction as Token Launches on New Crypto Exchange – Here’s Where IMPT is Headed Next
IMPT, the native token that will power the soon-to-be-released, revolutionary blockchain-based carbon credit trading/carbon offset platform IMPT.io, was last trading around 4% lower on Wednesday, despite being listed on a new cryptocurrency exchange, a development which typically boosts demand and prices.
IMPT/USD was last changing hands on Uniswap at around $0.017 per token, up over 10% from Tuesday’s sub-$0.01550 lows but down nearly 25% from recent highs in the $0.0225 area.
IMPT’s underperformance despite the broader slow feel to cryptocurrency market trade amid year-end low volumes is likely to do with the fact that the cryptocurrency broke below a short-term upwards trend channel, triggering a bout of technical selling.
IMPT.io’s token launched on the cryptocurrency exchange BitMart on Wednesday the 28th of December, exposing the token to a fresh cryptocurrency trader/user base. Users can trade IMPT on BitMart here.
IMPT will next be listed on the Gate.io exchange on the 1st of January alongside a $100,000 IMPT token airdrop that is likely to generate significant hype.
The token’s first exchange token offering happened a few weeks ago on the LBANK cryptocurrency exchange. Users can trade the token on LBANK here.
In the short term, IMPT appears to be at a crossroads given that it recently formed a pennant structure, which could result in either a bullish or bearish breakout. A bullish breakout could see the cryptocurrency quickly surge to test recent highs in the $0.02250 area, while a bearish breakout could open the door to a possible rapid drop back towards $0.012.
But with positive updates on the IMPT’s development progress expected soon, and the token to be listed on more exchanges in the coming days, potentially
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