UMA Crypto Price Prediction - IMPT Token Stronger Alternative?
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
UMA crypto has exploded beyond 29.5% over the last 24 hours but is still very much looking bearish on the macro trend.
Despite this pump feeling rather euphoric UMA crypto is still down by 95.85% from its all time high of $45 set in February 2021.
Can UMA continue to pump and what alternatives are on the market today?
When prospecting the crypto markets there are thousands of options to consider. You can explore many niches of crypto from DeFi, to play-to-earn and financial services but it is difficult to snipe the next 10x opportunity.
UMA crypto in my opinion has already achieved the euphoria and thrill stage of a market cycle and is now in a bearish sideways consolidation phase.
Many traders are turning their heads to presales such as IMPT Token this bear market as they have so much more upside potential and create a buzz during the most boring periods of a crypto winter.
The above chart reflects that UMA is now back to the previous bear market prices prior to 2021.
This could reflect that UMA is in a good place for dollar cost average or accumulating more to hold until the next crypto bull run.
Although, we can see that returns are diminishing as per market cycle and realistically the next area of major resistance for UMA crypto is between $5-10 which doesn't offer much upside potential from current trading prices of $1.86.
Another factor to consider is that you could be waiting quite some time before you can realize gains as a bull market may not kick back in until 2024-2025.
Presales offer an exciting hedge against the boring sideways trading that we see of Ethereum and
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