#AGLD potential alt coin ?
Fundamental Analysis: Adventure Gold (AGLD) serves as the native ERC-20 token for the Loot NFT project, aiming to create a decentralized gaming ecosystem. Developed by Will Papper, it has a total supply of 70.17 million tokens. Its utility includes potential use as in-game currency and governance voting, which could drive demand. The project's simplicity and community endorsement add to its fundamental value.
Technical Analysis: AGLD has shown significant volatility, recently experiencing a 34.40% rise in the last 24 hours. It's trading above key support levels with a bullish RSI and a cup-and-handle pattern suggesting further potential growth. Moving averages indicate a trend reversal, and volume picks up, pointing to increasing.