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NMR Crypto Leaps +30% As Market Volumes Shift Back to Quality Altcoins

NMR Crypto Leaps +30% As Market Volumes Shift Back to Quality Altcoins

99bitcoins99bitcoins2024/08/20 11:27
By:Dalmas NgetichSam Cooling

NMR Crypto Leaps +30% As Market Volumes Shift Back to Quality Altcoins image 0

NMR crypto is breaking out, and the NMR price is adding 30% in a skyrocket gain over 48 hours. Now, investors are also tracking Pepe Unchained and PEPU.

Momentum is building in the crypto market. At press time, top altcoins are attempting to shake off selling pressure. Bitcoin is also trending above $60,000.

Amid this, there is a sharp resurgence of interest in one of the first altcoins, Numeraire.

NMR Crypto Price is Flying – Adds +30% In 48-Hours

CoinMarketCap data shows that NMR, the native token of the AI platform, is one of the top performers.

At press time, it is up 30% in the past day, looking at the performance in the daily chart.

Of note, NMR has broken out sharply from the descending wedge, with the leg up at the back of expanding volume, the highest since March.

NMR Crypto Leaps +30% As Market Volumes Shift Back to Quality Altcoins image 1

( Source )

As NMR turns the corner following this breakout, traders expect the token to extend the uptrend, adding another 130-150% in the medium term.

Looking at the daily chart, NMR found support at around $11.

Now that prices are increasing, the immediate resistance will be $30. If buyers are pressing on, the possibility of NMR retesting March highs of around $55 cannot be discounted.

Interest is high considering what Numeraire brings to the table.

NMR Crypto Leaps +30% As Market Volumes Shift Back to Quality Altcoins image 2

( NMRUSDT )

The platform allows users to trade stocks via Ethereum while leveraging AI .

It has been gaining traction due to its predictive models built by experienced data scientists and analysts.

Reason Behind The Pump: Numeraire Releases v5 Atlas

In July, they released v5 Atlas to further enhance their capabilities. Notably, the release expanded and improved the dataset, making their models more accurate.

As NMR prices recover, investors are also tracking Pepe Unchained, another top-tier altcoin looking to reshape the meme coin minting and trading scene.

Pepe Unchained: Over $9.5 Million Raised

The attention the platform is garnering is evident from the ongoing Pepe Unchained presale , which has raised over $9.5 million.

Each PEPU is available for just $0.009163.

NMR Crypto Leaps +30% As Market Volumes Shift Back to Quality Altcoins image 3

Once it launches, Pepe Unchained will launch a special Ethereum layer-2 solution for minting and trading meme coins.

The solution will be critical now that layer-2s are gaining traction and millions of investors are on the sidelines waiting for meme coins to pick up momentum.

Through Pepe Unchained, meme coin traders can transact faster without paying high gas fees.

PEPU A Utility: Stake An Earn A 207% APY

At the same time, there will be a dedicated explorer for monitoring transactions while ensuring seamless compatibility with the mainnet.

PEPU serves as a utility for the broader Pepe Unchained platform.

NMR Crypto Leaps +30% As Market Volumes Shift Back to Quality Altcoins image 4

Holders can stake, receiving a high staking yield of over 207%.

Supporters are bullish that PEPU would rally and outperform NMR by several multiples once it launches on top DEXes.

BUY PEPU HERE

EXPLORE:  19 New Cryptocurrencies to Invest in 2024

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.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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