ReldoTheScribe Prediction

About ReldoTheScribe (Reldo)

ReldoTheScribe (Reldo) is an uncategorized utility token on the Base chain with a current price of approximately $0.0000004 and a market cap of $40,081, reflecting a micro-cap status with very low liquidity of $36,497. The token exhibits high supply concentration, with top 10 holders controlling 86% of supply, and recent trading dominated by sells, indicating weak market interest. Despite a massive 98% holder growth over 30 days, the lack of project description, social links, and declining short-term metrics suggest it's in an early, speculative phase with uncertain viability.

Current price: $2.88e-6

Market cap: $288.38K

Liquidity: $100.83K

Holders: 981

ReldoTheScribe Price Prediction

The token shows minimal price movement with a slight 2.08% increase over 24 hours, but heavy sell pressure at 96.5% and declining holder count indicate downward momentum. Recent trading data reveals only 2 buys versus 14 sells in 24 hours, suggesting potential for further price erosion if selling continues. With no buys in the last 4 hours, short-term stability is fragile.

Over the next 30-90 days, the token could stabilize if holder growth rebounds from the recent 98% 30-day increase, but lack of project details and social presence limits upside. Persistent sell pressure and high concentration risk may cap gains unless new catalysts emerge. Overall, expect sideways trading unless external market conditions improve.