UBC, launched four days ago, gained over 18,000 holders but saw its market cap fall 45% in the last day to settle at $34 million. Similarly, $1, launched five days ago, experienced a steeper drop of 65%, with its market cap falling to $8.7 million despite attracting nearly 60,000 holders.
JAK, an animated video coin, attracted over 24,000 holders in less than three days but has since suffered an 80% correction, dropping its market cap to $3.4 million.
All three tokens currently have neutral RSI levels, suggesting room for potential recovery if buying sentiment returns.
Universal Basic Compute (UBC)
Universal Basic Compute (UBC), launched just four days ago, has quickly gained attention in the market. With over 37,000 daily transactions and over 18,000 holders, it is one of the most successful newly launched cryptocurrencies this week, especially in the Solana ecosystem.
However, its market value fell 45% in 24 hours, from $48 million to $34 million, reflecting significant selling pressure after its initial surge.
UBC Price Chart and Market Data. Fonte: Dexscreener
UBC’s RSI currently stands at 45, signaling neutral momentum. This indicates that while the token is neither overbought nor oversold, it may be consolidating after the recent correction.
If the asset regains its upward momentum, it could retest its $50 million market cap, representing a potential 47% price increase from current levels.
US$ 1 (US$ 1)
The $1 coin, launched on the Solana blockchain five days ago, quickly gained attention, attracting nearly 60,000 holders and recording 81,000 transactions in 24 hours.
Despite this activity, the cryptocurrency faced significant selling pressure, with its market value dropping drastically by 65% in the last day, from nearly $15 million to $8.7 million.
$1 Price Chart and Market Data. Fonte: Dexscreener
With an RSI of 43, $1 is currently in a neutral zone, neither overbought nor oversold. This suggests that the token may be stabilizing after the sharp correction.
If buying pressure returns, $1 could reclaim the $10 million market cap and potentially retest its previous high of $15 million, signaling a strong recovery from recent losses.
How (HOW)
The JAK token gained traction by capitalizing on the popularity of animated video-themed memecoins. The project attracted over 24,000 holders in less than three days.
Despite its rapid rise, JAK saw a sharp correction, with its market cap falling more than 80% from $6.2 million to $3.4 million.
JAK Price Chart and Market Data. Fonte: Dexscreener
JAK is still seeing strong activity, with over 90K daily transactions reflecting continued market interest. Its RSI currently stands at 53, signaling neutral momentum.
This level suggests that although selling pressure has eased following the sharp drop, the coin is neither overbought nor oversold. This leaves room for a potential recovery if buying sentiment picks up.
The article 3 new cryptocurrencies that could surprise in December was first seen on BeInCrypto Brasil.