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.

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The post Alien Worlds (TLM) Coin Analysis: August 19, 2024 appeared first on Coin Engineer.