Orca Crypto is outperforming Bitcoin at the moment. Here’s how!

• The Orca crypto (ORCA) is primarily an Automated Market Maker (AMM) based decentralized exchange (DEX) that is built on top of the Solana blockchain.
• Even today, the Orca crypto was rallying by a minor 2.13% over the past 24 hours, according to CoinMarketCap.
• ORCA crypto’s RSI is still showcasing high demand, with the crypto being in an overbought zone of 67.46.

The Orca crypto (ORCA) is primarily an Automated Market Maker (AMM) based decentralized exchange (DEX) and is built on top of the Solana blockchain. Launched in 2021, the Orca crypto is largely self-funded with a Solana Foundation grant. Initially traded in SOL, BTC, ETH, USDC, USDT, and RAY, it has added more tokens to its profile over time.

As an intuitive DEX, it offers a seamless experience for novice and experienced traders. The token has witnessed significant interest over the past month or so, registering gains of over 130% over the past 30 days, according to CoinGecko.

Even today, the Orca crypto was rallying by a minor 2.13% over the past 24 hours, according to CoinMarketCap.

What’s the reason for Ocrca’s crypto rally?

Orca crypto has been steadily building momentum over the past few weeks. In fact, over the past two weeks, it had registered gains of over 58.9% — most by crypto within the 2500-mark. Today’s rally is due to the Orca Uprising’s official announcement of their presale on 20 December at 13:00 UTC.

The Orca Uprising is unique to the cryptosphere as it aims to transform the dry world of finance into a jovial, meme-filled escapade. Its upcoming presale in December for the ORCUP tokens marks a significant milestone for crypto enthusiasts. The initiative is expected to democratize finance, redefining it as a sphere of empowerment for everyday investors. This disruption is possible through the potent combination of memes, unity, and decentralization.

The project’s goal isn’t wealth accumulation but revolutionizing finance. Therefore, the Orca Uprising presale is an exciting opportunity for crypto enthusiasts to contribute to a more equitable financial future. If one were to look at the charts, ORCA crypto’s RSI still showcases high demand, with the crypto being in an overbought zone of 67.46. There is enough buying interest in the market at the moment.

The Orca crypto gains this is much higher than Bitcoin. In fact, as opposed to Orca’s monthly gain of 130%, Bitcoin, over the past 30 days, has just managed to register gains of 12%, according to CoinGecko.

Image credit: Trading View

The MACD chart also indicates that the trend is moving upwards, and the token’s price is expected to go up from here. The EMA 20/50/100/200-day indicators are rare, projecting a robust growth in the token’s price. As per the EMA indicators, the token is expected to go up to 2.66 in the coming days due to this bullish trend.  

Is Orca crypto a good investment?

Going by the results of the past few days, the Orca crypto seems to be a good investment at the moment. According to the technical indicators, the current sentiment is Bullish, while the Fear & Greed Index shows 68 (Greed). Orca recorded 16/30 (53%) green days with 25.09% price volatility over the last 30 days.

Currently, Orca crypto is trading at $3.31 with a 24-hour trading volume of $14,50,005. The 2333-ranked token held a market cap of $146.08 million with a maximum supply of 10,00,00,000 ORCA coins.

While the token’s technical indicators point towards a bull run, investors must watch out for price correction. Things in crypto markets are often volatile, and crypto prices can change at any time. Therefore, before making any investment decisions, investors must study the market.

Disclaimer

The information discussed by CoinCryptoverse does not offer any financial advice. This is for educational, entertainment, and informational purposes only. Trading in cryptocurrencies involves high risks, including losing some or all of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are highly volatile and may be affected by external factors such as financial, regulatory, or political events.