{"id":22820,"date":"2023-08-09T19:24:32","date_gmt":"2023-08-09T19:24:32","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/taraxa-tara-price-up-800-this-past-week-whats-next\/"},"modified":"2023-08-09T19:24:32","modified_gmt":"2023-08-09T19:24:32","slug":"taraxa-tara-price-up-800-this-past-week-whats-next","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/taraxa-tara-price-up-800-this-past-week-whats-next\/","title":{"rendered":"Taraxa (TARA) price up 800% this past week: What&#8217;s next?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690742217523-ed1ffd0a-1b04-47f3-8ac6-d5b382b5b317-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690742217523-ed1ffd0a-1b04-47f3-8ac6-d5b382b5b317-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690742217523-ed1ffd0a-1b04-47f3-8ac6-d5b382b5b317-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/07\/1690742217523-ed1ffd0a-1b04-47f3-8ac6-d5b382b5b317-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Taraxa (TARA) has pumped more than 35% in the past 24 hours.<\/li>\n<li dir=\"ltr\">TARA, native to the BlockDAG-powered smart contracts platform, has outperformed by over 800% in the past one week.<\/li>\n<\/ul>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/taraxa\/\"><u>Taraxa (TARA)<\/u><\/a> is one of the trending cryptocurrencies today, with its price hitting intraday highs of $0.014 on Wednesday.\u00a0<\/p>\n<p dir=\"ltr\">The outperformance seen on the day dwarfed most <a href=\"https:\/\/coinjournal.net\/news\/tag\/altcoins\/\">altcoins<\/a> in the top 500 by market cap list, with the intraday pump including over 35% in the past 24 hours.<\/p>\n<h2 dir=\"ltr\">What\u2019s next for TARA price after monstrous gains?<\/h2>\n<p dir=\"ltr\">Taraxa, an EVM-compatible smart contract platform that launched via an ICO in March 2021, traded to the all-time high of $0.07 that month. However, with the crypto winter, the blockDAG-based platform\u2019s native token plummeted to near $0. It remained constrained around $0.001 until August 1 when it suddenly exploded.<\/p>\n<p dir=\"ltr\">TARA\u2019s upside over the past week comes as the community responded to the potential of AI integration with an efficient BlockDAG-powered layer-1 blockchain. Usage and adoption across social analytics, dApps development and multi-layered IP licensing look to be aiding the positive outlook for the token.<\/p>\n<p dir=\"ltr\">A <a href=\"https:\/\/twitter.com\/taraxa_project\/status\/1688882781227454464\" rel=\"noopener noreferrer\" target=\"_blank\"><u>recent AMA<\/u><\/a> by the team also looks to have shone some spotlight on the token.<\/p>\n<p dir=\"ltr\">According to data from CoinMarketCap, Taraxa\u2019s daily trading volume rose nearly 200% to over $12.46 million as bulls tested the price level last seen in December 2021. The gains have TARA trading more than 800% up in the past week, with performance over the past 30 days accumulating to 1,021% at the time of writing.<\/p>\n<div class=\"fr-img-space-wrap\"><span class=\"fr-img-caption fr-fic fr-dib fr-draggable\" style=\"width: 600px\"><span class=\"fr-img-wrap\"><\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/07\/09\/1691605173811-24fcb2a1-7a33-4bda-b952-216a5b4b1e2c.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"260\"\/><span class=\"fr-inner\">TARA price chart. Source: <a href=\"https:\/\/www.tradingview.com\/x\/fhK4dYYZ\/\" rel=\"noopener noreferrer\" target=\"_blank\">TradingView<\/a><\/span><\/p>\n<p><\/span><\/span><\/p>\n<p class=\"fr-img-space-wrap2\">From a technical perspective, TARA is firmly in overbought territory as suggested by the overextended RSI on the weekly chart. This suggests immediate term profit-taking weakness is likely. The weekly MACD however shows there\u2019s still room for further strengthening, which could allow for a move to $0.02.<\/p>\n<\/div>\n<p dir=\"ltr\">The downside nonetheless presents the past of least resistance and a retreat to support at the $0.006 mark could open up a bearish flip to $0.002.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/taraxa-tara-price-is-up-800-this-past-week-why-is-tara-pumping\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Taraxa (TARA) has pumped more than 35% in the past 24 hours. TARA, native to the BlockDAG-powered smart contracts platform, has outperformed by over 800% in the past one week. Taraxa (TARA) is one of the trending cryptocurrencies today, with its price hitting [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":22821,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22820"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=22820"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/22821"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=22820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=22820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=22820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}