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Tomarket Price Prediction: What To Expect from $TOMA Listing

Lokesh Gupta Lokesh Gupta Calendar 20-12-2024

Tomarket Price Prediction: What Will Be The $TOMA Listing Price?

TOMA Current Pre-Market Performance

TOMA token has shown promising pre-market activity, with a price of $0.00011 USDT, reflecting a 4.8% gain. Its 24-hour trading volume stands at 773.97K USDT, with a total trading volume of 2.72M USDT during its ongoing pre-market phase. These figures indicate strong interest and liquidity ahead of the token's listing on a major exchange.

Tomarket Listing Day Momentum

When a token transitions from pre-market to a major exchange, heightened interest typically drives significant price fluctuations. With the current bullish momentum, TOMA could see a surge in price on its first trading day. Based on historical trends of similar tokens and the current trading sentiment:

1. Tomarket Short-Term Prediction (First Few Hours Post-Listing):  

   The price is expected to trade between $0.00012 USDT and $0.00015 USDT, representing a 10-38% increase from the pre-market price.

2. Tomarket Day-End Prediction:  

   If trading volume sustains above 3M USDT during its first day, the price could stabilize between $0.00014 USDT and $0.00017 USDT.

Factors Driving TOMA Price Movement

- Strong Liquidity: A total trading volume of 2.72M USDT during pre-market signals robust demand, which may result in a price spike post-listing.  

- Exchange Listing Hype: The token's visibility on a major exchange will attract retail and institutional investors, further fueling demand.  

- Market Sentiment: Positive pre-market performance (+4.8%) indicates growing investor confidence.

Potential Risks

While the price surge is anticipated, factors like profit-booking by early investors and broader market volatility could momentarily suppress price growth.

Conclusion: Is TOMA a Buy?

TOMA token's initial listing price could exceed $0.00015 USDT within hours of trading, given its current trajectory. Long-term growth will depend on sustained interest and further developments in the project. As a research analyst, we recommend monitoring trading volumes and sentiment closely to make informed decisions.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

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