YGG trading is hot, with a turnover rate of 704.15% and a 14.31% increase.

CN
2 years ago

The latest price of YGG is $0.2604, with a 24-hour increase of 14.31%. Its trading volume is approximately $472 million, with a volume increase of 175.12%, and a turnover rate as high as 704.15%.

YGG Trading is Hot, Turnover Rate 704.15%, Increase 14.31%_aicoin_Figure 1

Data Source AICoin: YGG/USDT-Binance

Historical Highs and Lows

In historical data, YGG reached a historical high of $11.17 (November 21, 2021) and a low of $0.13 (June 10, 2023). Currently, YGG ranks 241st in market value and 7th in AICoin's popularity ranking.

The current price is relatively low compared to the historical high and low points. Combined with the high turnover rate, it can be speculated that institutions may be accumulating chips, and chips are shifting from dispersed retail holders to institutional large holders, indicating the possibility of a future uptrend for YGG.

AICoin Custom Indicators Suggest Short-Term Upside Potential for YGG

According to AICoin's custom indicators, YGG may have short-term upside potential but is bearish in the long term.

15-minute RSI value is 52.72-61.06, not overbought; Bollinger Bands are not overbought;

4-hour MACD histogram is significantly increasing, indicating a short-term uptrend, but the long-term DIF and DEA are still below the zero axis, indicating a bearish trend;

4-hour TD sequence has reached 8, which may indicate the end of the subsequent uptrend or a pullback. Investors should pay attention to market dynamics and manage risks.

Project Introduction

  1. Overview: YGG, short for Yield Guild Games, is a decentralized autonomous organization (DAO) focused on investing in virtual worlds and non-fungible tokens (NFTs) used in blockchain-based games.

  2. Platforms: YGG has been listed on multiple mainstream trading platforms, including Binance, Bitget, OKX, and Huobi. Users can authorize through AICoin to facilitate trading on these platforms.

  3. Sector: YGG belongs to the GameFi and a16z sectors.

  4. Unlocking: YGG will unlock 12.2 million tokens, accounting for 1.22% of the total issuance, on August 27th.

Register for surprises, trading fees can be reduced by up to 20%

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