Ethereum

2024

Chromia

Alice

<p>The post <a href="https://coinpedia.org/news/my-neighbor-alice-alice-price-rallies-to-20-months-high-but-insiders-are-busy-dumping/">My Neighbor Alice (ALICE) Soars 83% in 3 Weeks, But Are Insiders Cashing Out?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The altcoin market is seeing a resurgence, and My Neighbor Alice (ALICE) is leading the charge. Over the past three weeks, ALICE’s price has skyrocketed more than 83%, reaching new multi-month highs. This bullish momentum continued on Monday, with the price surging over 50% against the US dollar. As of Tuesday morning (Asian session), ALICE is hovering around a cool $2.30.</p> 
<p>Here’s the full outlook. </p> 
<h2 class="wp-block-heading" id="h-trading-frenzy-gets-real"><strong>Trading Frenzy Gets Real</strong></h2> 
<p>What’s behind this impressive rally? It seems a surge in trader demand is fueling the ALICE fire. At the time of writing, the daily average trading volume for ALICE is more than double its market capitalization. That’s a whopping $514 million in daily volume compared to a market cap of around $213 million. </p> 
<p>This intense trading activity suggests a strong appetite for ALICE among investors.</p> 
<h2 class="wp-block-heading" id="h-is-the-rally-sustainable">Is the Rally Sustainable? </h2> 
<p>While the price action screams “bullish,” on-chain data paints a slightly different picture. According to market intelligence firm Lookonchain, several My Neighbor Alice vesting wallets recently deposited over 2 million ALICE tokens (worth over $5.4 million) on Binance. This on-chain activity suggests some insiders might be taking profits.</p> 
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   <p lang="en" dir="ltr">The <a href="https://twitter.com/search?q=%24ALICE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ALICE</a> price increased by more than 70% today.<br><br>After the price increased, the My Neighbor Alice Vesting wallets deposited 2.09M <a href="https://twitter.com/search?q=%24ALICE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ALICE</a>($5.44M) to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw">#Binance</a>.<a href="https://t.co/0Lreo6muaD">https://t.co/0Lreo6muaD</a> <a href="https://t.co/d3ExBaeQxw">pic.twitter.com/d3ExBaeQxw</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1797660297312035025?ref_src=twsrc%5Etfw">June 3, 2024</a>
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<p>The accelerated market dump from the ALICE insiders does not necessarily imply a bearish outlook but traders should closely monitor the underlying price action.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-breaking-resistance-the-road-to-3-35">Breaking Resistance: The Road to $3.35?</h2> 
<p>Following Monday’s impressive rally, ALICE is currently hovering around a key resistance/support level of $2.30. The altcoin’s daily Relative Strength Index (RSI) is also at a healthy 70, indicating strong buying pressure. If buyers can push ALICE past this resistance level, the next stop could be $3.35, which aligns with the 1.618 weekly Fibonacci Extension.</p> 
<h2 class="wp-block-heading" id="h-building-for-the-future">Building for the Future </h2> 
<p>The My Neighbor Alice team is actively working on attracting new users through non-fungible tokens (NFTs).</p> 
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   <p lang="en" dir="ltr">We're incredibly proud of the amazing work the teams at <a href="https://twitter.com/MyNeighborAlice?ref_src=twsrc%5Etfw">@MyNeighborAlice</a> and <a href="https://twitter.com/MinesOfDalarnia?ref_src=twsrc%5Etfw">@MinesOfDalarnia</a> are doing!<br><br>Both teams have been building hard, and we can't wait to see what else the <a href="https://twitter.com/search?q=%24ALICE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ALICE</a> and <a href="https://twitter.com/search?q=%24DAR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DAR</a> teams have coming</p>— Chromia | Power to the Public (@Chromia) <a href="https://twitter.com/Chromia/status/1797704808352100816?ref_src=twsrc%5Etfw">June 3, 2024</a>
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<p><a href="https://dappradar.com/dapp/my-neighbor-alice">Dappradar data</a> shows the game currently boasts around 1,140 unique active wallets. This ongoing development bodes well for the future of the ALICE ecosystem.</p> 
<p>Also Check Out : <a href="https://coinpedia.org/news/billionaire-investor-predict-bitcoin-price-to-reach-500k-by-2025-heres-why/">Billionaire Investor Predict Bitcoin Price To Reach $500K by 2025, Here’s Why</a></p> 
<p><strong>Bullish on ALICE or spooked by the insider dump? Let’s hear your take on the future of My Neighbor Alice!</strong></p>

My Neighbor Alice (ALICE) Soars 83% in 3 Weeks, But Are Insiders Cashing Out?

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