Tokens Still Show the Ability to Bounce
Altcoins are not offering vertical climbs anymore, where any asset could do a 10X in days. However, well-established tokens still stage strong recoveries, for traders that have a strategy of buying the dip. The strategy helped boost Cardano (ADA) and Shiba Inu (SHIB), despite their disparate communities. Clandeno (CLD) offers even stronger bounce potential, as it starts out with a new presale-stage ICO. The Clandeno (CLD) token offers utility as the native asset of an e-commerce platform, avoiding the pure hype of meme tokens.
Cardano (ADA) Breaks Above $0.40
Cardano (ADA) is still gaining attention for its presence among top blue-chip tokens. Yet the asset is now only used for short-term rallies. Cardano (ADA) is up by 18.31% weekly, bouncing from a dip to $0.33 after a market-wide crash. Cardano (ADA) extended its gains to $0.42, boosted by Binance exchange trading.
Cardano (ADA) is the asset of one of the least used blockchains. Despite the promises, Cardano (ADA) only carries a handful of apps with little real utility. Despite this, Cardano (ADA) was a high-profile project and its token enjoys highly liquid listings. Cardano (ADA) is also prone to long-term sideways trading and only relatively small rallies, causing investors to seek projects with a bigger upside and clear utility.
Shiba Inu (SHIB) Bounces on Renewed Meme Hype
Shiba Inu (SHIB) is one of the earlier meme tokens, which turned out very different from the millions of newly minted assets that followed. Shiba Inu (SHIB) has already left most of its dramatic price moves in the past, and now trades in a tighter range.
Shiba Inu (SHIB) recovered to $0.00001645, after dipping to the $0.000013 range. Shiba Inu (SHIB) is known as a holding meme token, encouraging its community to avoid selling. Shiba Inu (SHIB) aims to add more rewards in the form of LEASH and BONE tokens, to encourage its community to stake or lock up the assets.
Clandeno (CLD) Benefits from New Launch Hype
Clandeno (CLD) arrives just in time to feed the hunger for actively appreciating tokens. Clandeno (CLD) aims to reach as many early buyers as possible, distributing the larger part of its token supply. The Clandeno (CLD) presale ICO will open to the public with 365M tokens for potential sale. The total supply of Clandeno (CLD) is capped at 525M.
Clandeno (CLD) mixes short-term growth potential with long-term utility. The Clandeno (CLD) platform will aim to provide a transparent, safe platform for e-commerce while incorporating token-based rewards and profit-sharing. Early presale ICO buyers will also receive perks for more Clandeno (CLD) flash sales, for as long as they hold their initial tokens.
To find out more about the Clandeno presale, visit their website here.
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