Three new tokens in the crypto currency market this week: Venice Token (VVV Coin), Jelly-My-Jelly (Jellyjelly) and Pumpkin Fun (PKIN). Analyst Tiago Amaral attracts the attention of investors with their strong names and unique usage areas.
Venice Token (VVV Coin) is the first place on the list
Venice Token (VVV) was developed by Erik Voorhees, the founder of Shapeshift, known in the field of decentralized finance (defi). The VVV is used as the local token of Venice AI, a privacy -oriented artificial intelligence assistant. Firstly distributed to early users as Airdrop, token is traded through the base network. The VVV, which attracted great attention when it is released, has reached more than 43,000 investors in a short time and currently has a market value of approximately $ 167 million. However, after the first rise in the price, there was a significant decline. According to the analyst, the token is at the level of relative power index (RSI) 35.6, which shows that it approaches the over -selling zone. If buyers come into play, they can turn the price direction up, but if the sales pressure persists, it may decline.
Jellyjelly and Pkin also attract attention
Jellyjelly has been released as the local token of Jelly-Jelly, a new social media platform. Developed by IQram Magdon-Ismail, one of the founding partners of Venmo, the project allows users to create content in an innovative “speech” format. Jellyjelly, who was first released on Pumpfun, was later moved to Raydium.
Token reached more than 47,000 investors in just two days and approached a market value of $ 74 million. Although the daily transaction volume is around $ 753,000, the number of transactions remains relatively low. Developed by Venmo’s founding partner, this project has the potential to attract more users and investors in the long term. Moreover, the fact that the token is linked to a particular product can bring more sustainable attention than speculative projects.
Finally, PKIN is the local tokene of Pumpkin Fun, a new Launchpad running on the Solana network. Located as a competitor to Pumpfun, this platform attracts attention by providing ultra -fast token launch, live broadcast integration, reward mechanisms and stake services. Pumpkin Fun quickly gained popularity and attracted great attention by reaching more than 53,000 daily transaction volumes. With more than 17,500 investors, Pkın’s market value is currently 26.7 million dollars. According to the analyst, the RSI indicator is 65, ie approaching the excessive purchase zone. If the platform manages to attract breast coin projects, PKIN’s price may be increased. These three new token has attracted the attention of investors by making a strong start in the crypto market.
