Three cryptocurrencies that have recently been launched have managed to attract attention quickly but have suffered major market value losses. Universal Basic Compute (UBC) lost 45 percent, $1 token lost 65 percent, and JAK lost 80 percent. However, the RSI levels of these altcoins are showing signs of recovery. Here are the details:

1. Ranked Cryptocurrency: Universal Basic Compute (UBC)

UBC has managed to reach over 18,000 investors in just four days after its launch. This token, which has attracted attention in the Solana ecosystem, had a strong start with 37,000 daily transactions. However, in the last 24 hours, its market value has dropped by 45 percent, from $48 million to $34 million. UBC’s RSI level is currently around 45 and is not in overbought or oversold territory. This indicates that the token is starting to consolidate after the drop. If buyer interest increases, UBC’s market value could rise to $50 million, which would mean an increase of approximately 47 percent.

2. Ranking Cryptocurrency: $1 Token

The $1 token was launched on the Solana network five days ago and quickly attracted 60,000 investors. It also saw 81,000 transactions in the last 24 hours. However, despite this rapid rise, the $1 token has seen a 65 percent drop in market value, falling from $15 million to $8.7 million. The RSI level is currently at 43, indicating that the token is not in overbought or oversold territory. This is a sign that the token is starting to stabilize after the decline. If buyer interest increases, the $1 token could increase its market value to $10 million, then $15 million, before returning to its previous levels.

3. Ranked Cryptocurrency: JAK Token

The JAK token quickly gained popularity with its animation video-themed meme coin concept. JAK reached 24,000 investors in three days, and made more than 90,000 daily transactions. However, JAK’s market value has decreased by 80 percent, from $6.2 million to $3.4 million. The RSI level is currently at 53, meaning the token is not in overbought or oversold territory. This indicates that selling pressure has decreased and if buyer interest increases, the JAK token has the potential to recover.

These three altcoins present high volatility and risky investment opportunities. However, the RSI levels are in neutral territory, indicating that all three tokens have the potential to recover if buyer interest returns. Investors can make their decisions by considering the potential and risks of these altcoins.