As of August 19, 2024, Alien Worlds (TLM) is displaying a strong optimistic trend with a daily daily increase of 35.78% trading at $0.01374. Along with this rise in market capitalization, which today is over $60.6 million, up 35.81% over yesterday. Ranked among the top 21 cryptocurrencies by trading volume, the 24-hour trading volume also shows a startling increase of 965.96%, surpassing $218 million.
Comprising 44.14% of the 10 billion coin total production, TLM is already in circulation with 4.41 billion coins. This implies that a significant volume of TLM is still easily available for mining or distribution going forward.
Recent gains in TLM’s price and trading volume suggest a renewed interest in the token most likely arising from developments in the Alien Worlds ecosystem or more general metaverse and gaming industry trends. Given TLM’s essentially stagnant nature for some time, this upward surge could point to the start of a fresh rising trend. Investors should still exercise caution however as such fast increases might induce further volatility.
Given this backdrop, the next resistance level to be noted comes about around $0.01405. Ignoring this level might result in a correction; breaking beyond this level could have other advantages. Traders should monitor technical signs and market attitude as TLM moves toward this crucial pricing point.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.