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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? 

UMA Crypto Vs. IMPT Token

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. 

UMA/USD – Weekly Time Frame.

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 Bitcoin today. 

Infact, recently we saw coins like Tamadoge and Battle Infinity explode beyond 1,950% returns on investment – insane performance during a crypto winter. 

IMPT Token could follow in their footsteps and also produce massive gains once it launches on the 14th December for trading on exchanges such as Uniswap, Lbank and Changelly Pro. 

IMPT Token Has 10x Potential? 

The ecosystem of IMPT Token solves real world problems such as global warming and participating in this particular presale allows you to align your moral framework with your investment choices. 

Currently the IMPT presale has raised an incredible $14,464,387 during a crypto bear market which reflects significant investor appetite.

IMPT Token will likely launch with a market capital between $15-20m which means a 5-10x could potentially happen.

Source: IMPT.io

UMA crypto has a market capital of $127,484,562 which makes a 10x harder to achieve.

IMPT Tokens presale will end on the 11th of December and users will be able to claim their tokens from the website on the 12th of December.

On the 14th December IMPT Token will then be live for trading on the uniswap DEX, Lbank and Changelly Pro CEX.

UMA Crypto Video Analysis

So there it is, a comparison between a mid-cap and low-market cap cryptocurrency. I think I will stick to presales for the time being! 

 



Read More: UMA Crypto Price Prediction – IMPT Token Stronger Alternative?

Disclaimer:The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. NewsOfBitcoin.com does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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