VISTA up over 60% following launch of pump.fun alternative Etherfun
Release: 2024/10/31 18:04 Reading: 609
VISTA Rallies Amid Token Deployer Launch
VISTA soared 74% over the past day following the launch of Etherfun, a token deployer from decentralized exchange Ethervista.
VISTA surged from $8.41 on October 28 to an intraday high of $38.54 on October 31, a gain of more than 350%. This price jump boosted VISTA's market capitalization to $31.8 million from $8.9 million.
The altcoin's rally coincided with a spike in trading volume, which surpassed $22.6 million, an increase of 63%.
Vista's surge began on October 28, fueled by Etherfun's launch, an Ethereum-based token deployer. Etherfun aims to emulate popular platforms like Pump.fun and Sun Pump, garnering interest within the meme coin community.
According to Ethervista's documentation, Etherfun expands on Pump.fun's concept, enhancing its features and integrating Ethervista's innovations to create a platform optimized for meme coin trading and launch on Ethereum's network.
Distinctively, liquidity from tokens launched on Etherfun is permanently locked on Ethervista, with a portion of fees used to buy and burn VISTA tokens.
Within a day of its launch, 100 tokens were deployed on the platform.
The excitement surrounding Etherfun propelled Ethervista's decentralized exchange past SushiSwap in 24-hour trading volume, contributing to today's rally.
VISTA had been consolidating since late September, but the Etherfun launch fueled a breakout, often considered a bullish signal.
However, technical indicators suggest caution. VISTA is trading above the upper Bollinger Band, indicating overbought conditions that generally lead to a price correction in the short term.
Meanwhile, the Relative Strength Index (RSI) has also entered overbought territory, further supporting the possibility of a reversal in the coming days.
Despite these bearish indicators, social sentiment remains bullish, with many traders expecting VISTA to reach a new all-time high. The strong community support and underlying fundamentals could sustain the token's momentum, potentially driving prices higher in the short term.
Recent news
More>- Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis 11-24
- Dogecoin Price Prediction for Today, November 23 – DOGE Technical Analysis 11-24
- Dogecoin (DOGE) Surges 19% as Hash Rate Hits Record High 11-24
- Solana Hits New ATH, As Pepe Surges 30% Amid Bull Market, Crypto Traders Eye New Meme Coin Going Viral After Video Release 11-24
- Dogecoin (DOGE) Bullish Streak is Awakening Shiba Inu (SHIB) Bulls: What’s Next? 11-24
- Top Meme Coins for December 2024: 5 Picks to Buy Before They Take Off! 11-23
- XRP Price Prediction: XRP Pumps 67% In A Week As Gary Gensler Plans SEC Exit, While Whales Swoop On Pepe Unchained Presale 11-23
- What’s Next for Crypto After Bitcoin Take $100k Price Level? Catzilla Coin Among 3 Altcoins Poised for Big Moves 11-23
- Dogecoin (DOGE) Bulls Predict a Second Wave to Break $2, But One 'DOGE Killer' Could Steal the Spotlight with a 34x Run 11-23
Selected Topics
More>>-
- pepecoin Price Analysis
- This topic provides articles related to PepeCoin price, covering key PepeCoin insights and analysis
-
- pepe:meme star
- This topic provides articles related to the most promising meme, PEPECOIN, a project with the potential to become a mainstream digital currency. It has the advantages of decentralization, reliability, ease of use, fast speed, low cost and scalability, and is expected to be more widely used in the future
-
- pepecoin price prediction
- We’ve gathered facts about pepecoin’s success story and provided a pepecoin price prediction
Selected Articles
More>>- 1 Avalanche and Aptos rival raises over $600k in 2 weeks
- 2 Crypto Prices Today: Market Continues Rally With BTC, Pepe Coin, SEI Rising
- 3 Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
- 4 MTAUR Ready to Crush DOGE and PEPE: 100x Price Growth Incoming?
- 5 Memecoins Surge in 2024, Popcat Leads with 7,621% YTD Gain, Outshining Top Crypto Tokens
- 6 PEPE Meme Coin Smashes ATH – See How Much an $83 Investment in Pepe Coin Last Year is Worth Now
- 7 Top 4 Altcoins At 70% Discounts – Last Chance!
- 8 Dogecoin Creator Proposes DOGE to NBA Legend Scottie Pippen
- 9 Top Analyst Who Predicted Dogecoin (DOGE) Last 170x Rally Forecasts New Parabolic Rise, Here’s His Price Target
- 10 New Solana Memecoin Trump Loves Elon to Rally 15,000% Before Exchange Listing, SHIB and Bonk Crash
ABOUT US
We are building the most influential，trusted information platform for aglobal community engaged in thd transformation of the financial system andthe emerging crypto economy.PEPE is an integrated platform for media,events,data & indices for the next generation fo investing and the future of money.
Get in touch with the PEPE team at admin@pepecoinbuy.com