Islamic Coin Prediction

About Islamic Coin (ISLM)

Islamic Coin (ISLM) is an uncategorized utility token on Ethereum with a current price of $0.0264 and a market cap of approximately $1.14M, showing signs of distress through declining holder numbers and heavy sell pressure. The token lacks a project description and social presence, making its value proposition unclear, while extreme supply concentration in top holders poses significant risks. Currently, it trades on Uniswap v3 with low liquidity of $59,583, reflecting limited market interest and potential for high volatility.

Current price: $0.032939

Market cap: $1.16M

Liquidity: $19.41K

Holders: 596

Islamic Coin Price Prediction

The token has experienced a 1.45% price decline over the past 24 hours with overwhelming sell pressure at 96.5% of trading volume, indicating continued downward momentum. Transaction data shows only 1 buy versus 9 sells in 24 hours, coupled with a net loss of 11 holders, suggesting weakening demand. Short-term price action may test lower supports as liquidity remains thin at $59,583, potentially exacerbating volatility.

Over the next 30-90 days, the token faces headwinds from a 74% decline in holders over the past month and extreme supply concentration in the top 10 holders at 99%, which could lead to further dumps. Without positive catalysts like project updates or increased adoption, the price may continue to erode. However, any broader market recovery in utility tokens could provide temporary relief.