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New Tokens See Mixed Results in Q3 2024: NEIRO, CBBTC, DOGS, HMSTR, and SUNDOG
Market Musing-g

New Tokens See Mixed Results in Q3 2024: NEIRO, CBBTC, DOGS, HMSTR, and SUNDOG

Coin Edition
By Coin Edition
3 months ago
2 mins read
New Tokens See Mixed Results in Q3 2024: NEIRO, CBBTC, DOGS, HMSTR, and SUNDOG
  • Neiro faces strong resistance at $0.073, with $0.060 serving as critical support.
  • Coinbase Wrapped BTC struggles to break $62K, with $60.5K as key support.
  • DOGS sees increased volume and volatility, with $0.000775 as main resistance.

The third quarter of 2024 brought mixed results for several new tokens. Neiro (NEIRO), Coinbase Wrapped BTC (CBBTC), DOGS (DOGS), Hamster Kombat (HMSTR), and SunDog (SUNDOG) made notable movements in the market, with prices swaying sharply in either direction. But, despite the declines, these tokens have made returns with their initial surges.

Neiro ($NEIRO): Steady Decline After Peak

Neiro, with a market cap of $410M, has experienced a noticeable downtrend. After reaching a peak of $0.07372, the price has dropped by 15.54% over the past day, settling at $0.06247. The price saw a sharp decline, eventually stabilizing above the $0.062 mark. 
Source: Coinmarketcap

The $0.073 level now acts as strong resistance, marking the peak before the downturn. $0.070 is another resistance level, while $0.065 provides a temporary recovery point.

On the downside, $0.060 is a key support level, as the price has bounced from this zone. …

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