Category Archives: Altcoin
Altcoins to Watch For Capitalizing On The Altcoin Season – InvestorPlace
Crypto winter is not on the horizon, so investors are preparing for a new round of market growth with these altcoins to watch. The altcoin season traditionally begins with a sharp rise in the price of Bitcoin (BTC-USD), followed by Ethereum (ETH-USD) and then large-cap cryptocurrencies such as Solana (SOL-USD) and Avalanche (AVAX-USD). In March, the memecoin market saw a boom, with traders buying up memecoins like Dogecoin (DOGE-USD), Shiba Inu (SHIB-USD), Bonk Inu (BONK-USD), Wifi Coin (WIF-USD) and Pepe Coin (PEPE-USD). The average return of these coins was a staggering 1,3%, which was a real boon for those who invested in them late last year.
While the market is still growing, it can be a good time to choose altcoins to watch with small capitalization and potentially high returns. According to analyst Rekt Fencer, such investments may bring 2x-10x profits, especially in the early stages of the altcoin season.
Source: Shutterstock
The crypto world has heard of meme coins inspired by funny animals, but Myro (MYRO-USD) has more than just creative potential. The dog of Solana (SOL-USD) co-founder Raj Gokal has become the prototype of a digital asset that serves the purpose of simplifying the creation and monetization of content. Myros decentralized platform is not on par with coins that stay alive only through popularity on social media. The project develops its value through transparency in token development and high community involvement.
Myro is based on the Solana blockchain, it offers fast transactions and extremely favorable fees. The project has a stable foundation and keeps expanding the next steps. The plan now includes a staking program and a social media platform for MYRO holders. After the listing on the first-tier exchanges, the coins recognition went up. Along with it, the profit of MYRO holders rose, which automatically moved the token to the top altcoins to watch.
In the first half of March, the token broke through the $0.4 level several times and set an all-time high price of $0.4465. The 6039% increase in the token price in less than 5 months made investors excited. Such results outperform the dynamics of the crypto market many times over and offer a valuable alternative to the standard investment in only the tokens with the largest market capitalization. Optimism is in the air as developers are gradually migrating from the Ethereum (ETH-USD) ecosystem to Solana. Thus, they can save on commissions, and Myro is ready to receive attention and investment from new ecosystem participants.
Source: MEE KO DONG / Shutterstock
Telegrams creators are successful not only in the social media sphere but also in the blockchain space. They developed a decentralized platform called Telegram Open Network (TON) that can process a large volume of transactions. Hundreds of millions of Telegram users have close interaction with the project thanks to Toncoin (TON-USD). It simplifies commercial interaction with the platform and scales it up.
4 years ago, the U.S. Securities and Exchange Commission (SEC) and Toncoin had a tense discussion and even a lawsuit that led to a change in the companys plans. However, Telegram did not give up and used the time since 2020 to rebrand and restructure. This opened the way for the project to its latest achievements and put TON on the list of altcoins to watch. Thanks to the teams efforts, the coin entered the top 10 cryptocurrencies by market cap.
The popularity of the social network benefited the young cryptocurrency and led to a fivefold increase since the middle of last year. At that time, the token was valued below $1.2 and had a market capitalization of less than $5 billion. This is a significant amount, but it did not reflect the real prospects of the project. The implementation of the TON Space wallet accelerated growth, as it allowed storing and managing crypto finances in conjunction with the messenger.
TONs customer base came from 2 sources: crypto enthusiasts and Telegram users. Among other things, this factor also led to an increase in the volume of daily transactions. Over the past month, this figure exceeded $400 million, despite the market volatility. Telegrams advertising model has already integrated the token, which means its application area has expanded significantly. The high utility of the solutions sent TON soaring to new heights and an incredible price of $5.84.
Source: shutterstock.com/Lemonsoup14
Decentralized finance (DeFi) benefits greatly from the current bull market, as it reached $131 billion in market cap and covered 5.1% of the total crypto space. However, Fantoms (FTM-USD) growth rate exceeds this dynamics. In a matter of months, the token with a market cap of $2,5 billion has become one of the 50 largest digital assets in the DeFi category and is at the top of the list of altcoins to watch. The project specializes in building infrastructure for decentralized applications (dApps) and smart contracts. Its flexibility and modular structure can prove effective in areas ranging from supply chain management to gaming.
Thanks to the Lachesis consensus mechanism, Fantom processes up to 300,000 transactions per second and is not inferior to competitors in terms of protection against third-party attacks. The project leverages this advantage to attract new community members, and FTM acts as a way to reward validators, developers, and active users. Transaction fees and other revenues replenish the platforms treasury, and the accumulated resources go to new initiatives.
Among the significant results of such initiatives is the integration with Sonic. By making this improvement, the project has strengthened its base in terms of uninterrupted operation and avoidance of network overload, which has become a benchmark for many platforms in the industry.
Progressive partnerships and compatibility with the Ethereum ecosystem are fueling investor bullishness for 2024. The fulfillment of the roadmap and the improvement of the technology stack helps to build confidence in Fantom. This is reflected in the token price, which reached a local high of $1.21 at the end of last month. However, this is not the limit of FTMs growth, as in 2022, it tested the $3.48 level.
On the date of publication, Julia Magas did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.
Julia Magas is a writer who covers the latest trends in finance and technology. Her work is published in a number of financial media outlets such as Nasdaq, Cointelegraph, Investing, SeekingAlpha, FXEmpire, and Beincrypto. She primarily covers cryptocurrency and blockchain technology with a focus on market performance, innovations and trends.
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Altcoins to Watch For Capitalizing On The Altcoin Season - InvestorPlace
Altcoins to Watch For Capitalizing On The Altcoin Season – InvestorPlace
Crypto winter is not on the horizon, so investors are preparing for a new round of market growth with these altcoins to watch. The altcoin season traditionally begins with a sharp rise in the price of Bitcoin (BTC-USD), followed by Ethereum (ETH-USD) and then large-cap cryptocurrencies such as Solana (SOL-USD) and Avalanche (AVAX-USD). In March, the memecoin market saw a boom, with traders buying up memecoins like Dogecoin (DOGE-USD), Shiba Inu (SHIB-USD), Bonk Inu (BONK-USD), Wifi Coin (WIF-USD) and Pepe Coin (PEPE-USD). The average return of these coins was a staggering 1,3%, which was a real boon for those who invested in them late last year.
While the market is still growing, it can be a good time to choose altcoins to watch with small capitalization and potentially high returns. According to analyst Rekt Fencer, such investments may bring 2x-10x profits, especially in the early stages of the altcoin season.
Source: Shutterstock
The crypto world has heard of meme coins inspired by funny animals, but Myro (MYRO-USD) has more than just creative potential. The dog of Solana (SOL-USD) co-founder Raj Gokal has become the prototype of a digital asset that serves the purpose of simplifying the creation and monetization of content. Myros decentralized platform is not on par with coins that stay alive only through popularity on social media. The project develops its value through transparency in token development and high community involvement.
Myro is based on the Solana blockchain, it offers fast transactions and extremely favorable fees. The project has a stable foundation and keeps expanding the next steps. The plan now includes a staking program and a social media platform for MYRO holders. After the listing on the first-tier exchanges, the coins recognition went up. Along with it, the profit of MYRO holders rose, which automatically moved the token to the top altcoins to watch.
In the first half of March, the token broke through the $0.4 level several times and set an all-time high price of $0.4465. The 6039% increase in the token price in less than 5 months made investors excited. Such results outperform the dynamics of the crypto market many times over and offer a valuable alternative to the standard investment in only the tokens with the largest market capitalization. Optimism is in the air as developers are gradually migrating from the Ethereum (ETH-USD) ecosystem to Solana. Thus, they can save on commissions, and Myro is ready to receive attention and investment from new ecosystem participants.
Source: MEE KO DONG / Shutterstock
Telegrams creators are successful not only in the social media sphere but also in the blockchain space. They developed a decentralized platform called Telegram Open Network (TON) that can process a large volume of transactions. Hundreds of millions of Telegram users have close interaction with the project thanks to Toncoin (TON-USD). It simplifies commercial interaction with the platform and scales it up.
4 years ago, the U.S. Securities and Exchange Commission (SEC) and Toncoin had a tense discussion and even a lawsuit that led to a change in the companys plans. However, Telegram did not give up and used the time since 2020 to rebrand and restructure. This opened the way for the project to its latest achievements and put TON on the list of altcoins to watch. Thanks to the teams efforts, the coin entered the top 10 cryptocurrencies by market cap.
The popularity of the social network benefited the young cryptocurrency and led to a fivefold increase since the middle of last year. At that time, the token was valued below $1.2 and had a market capitalization of less than $5 billion. This is a significant amount, but it did not reflect the real prospects of the project. The implementation of the TON Space wallet accelerated growth, as it allowed storing and managing crypto finances in conjunction with the messenger.
TONs customer base came from 2 sources: crypto enthusiasts and Telegram users. Among other things, this factor also led to an increase in the volume of daily transactions. Over the past month, this figure exceeded $400 million, despite the market volatility. Telegrams advertising model has already integrated the token, which means its application area has expanded significantly. The high utility of the solutions sent TON soaring to new heights and an incredible price of $5.84.
Source: shutterstock.com/Lemonsoup14
Decentralized finance (DeFi) benefits greatly from the current bull market, as it reached $131 billion in market cap and covered 5.1% of the total crypto space. However, Fantoms (FTM-USD) growth rate exceeds this dynamics. In a matter of months, the token with a market cap of $2,5 billion has become one of the 50 largest digital assets in the DeFi category and is at the top of the list of altcoins to watch. The project specializes in building infrastructure for decentralized applications (dApps) and smart contracts. Its flexibility and modular structure can prove effective in areas ranging from supply chain management to gaming.
Thanks to the Lachesis consensus mechanism, Fantom processes up to 300,000 transactions per second and is not inferior to competitors in terms of protection against third-party attacks. The project leverages this advantage to attract new community members, and FTM acts as a way to reward validators, developers, and active users. Transaction fees and other revenues replenish the platforms treasury, and the accumulated resources go to new initiatives.
Among the significant results of such initiatives is the integration with Sonic. By making this improvement, the project has strengthened its base in terms of uninterrupted operation and avoidance of network overload, which has become a benchmark for many platforms in the industry.
Progressive partnerships and compatibility with the Ethereum ecosystem are fueling investor bullishness for 2024. The fulfillment of the roadmap and the improvement of the technology stack helps to build confidence in Fantom. This is reflected in the token price, which reached a local high of $1.21 at the end of last month. However, this is not the limit of FTMs growth, as in 2022, it tested the $3.48 level.
On the date of publication, Julia Magas did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.
Julia Magas is a writer who covers the latest trends in finance and technology. Her work is published in a number of financial media outlets such as Nasdaq, Cointelegraph, Investing, SeekingAlpha, FXEmpire, and Beincrypto. She primarily covers cryptocurrency and blockchain technology with a focus on market performance, innovations and trends.
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Altcoins to Watch For Capitalizing On The Altcoin Season - InvestorPlace
Crypto bloodbath: Altcoins crushed as Bitcoin tanks pre-halving – Kitco NEWS
(Kitco News) Pre-halving volatility continued to dominate the crypto market on Tuesday as prices reversed course following Mondays spike, with Bitcoin (BTC) plunging below $69,000 while altcoins got hammered.
Stocks trended lower for most of the trading day as investors sat on the sidelines ahead of tomorrows Consumer Price Index (CPI) report, which will help shed light on the likely path of U.S. interest rates. Currently, the market sees a 57% chance of a rate cut in June, while the odds of a cut in July stand at 74%.
A rally into the close managed to lift the S&P and Nasdaq out of negative territory for a gain of 0.14% and 0.32%, respectively, while the Dow finished flat.
Data provided by TradingView shows that Bitcoin has been in a downtrend since it peaked at $72,800 on Monday, falling 6.82% to hit a low of $68,200 on Tuesday afternoon before dip buyers managed to push it back above $69,000.
BTC/USD Chart by TradingView
At the time of writing, BTC trades at $69,030, a decline of 3.75% on the 24-hour chart.
Volatility expected
The recent macro environment is like a pendulum, constantly oscillating between hope for the Goldilocks scenario of a perfect soft landing and fears of inflation picking up again and forcing more hawkish monetary policy, said market analyst Bloodgood in his latestupdate. Right now sentiment seems to be swinging a bit in the bearish direction with stocks having an unusual dump on Thursday, although much of it was retraced by the weekly close.
In any case, all eyes are on tomorrows CPI release, and the consensus forecast is at 3.5%, he said. Given that the market is terrified of the possibility that the Fed may have acted too soon with dovish signaling although theres still no clarity on when the rate cuts will finally come any surprises in terms of hotter-than-expected inflation would have an outsized impact on the market.
Needless to say, caution is advised especially if youve got any leveraged positions open, Bloodgood warned.
While Bitcoin successfully closed the weekly candle above a key level last week, Bloodgood said he is seeing a lot of indecision lately as neither side is managing to follow through after a break in either direction.
However, we are still slowly drifting upwards and printing higher lows, which gives me confidence that bulls are still in control here, he said. The big test will come at the current All-Time-High which is slightly above $73,700.
Apart from BTC reclaiming the $70k level, not much has changed, Bloodgood noted. Times are uncertain as we are about to have a BTC halving right after making a fresh ATH which isnt how cycles typically look so were definitely in uncharted territory.
Briefly touching on gold, he highlighted that Gold is simply not stopping. New week, new all-time high. There is not much you can do right now but watch it fly, he said.
Overall, Bloodgood noted that this bull market cycle in the crypto market is different from all its predecessors thus far, so traders would be wise to trade the chart in front of them and not rely on fractal patterns or previous cycles to determine what will come next.
Apart from a Bitcoin ATH before the halving, another thing that makes this cycle unusual is that memecoins are capturing so much attention and so persistently when BTC is barely above the previous ATH, he said. While some see this as a top signal, I think its got more to do with the normie-friendly nature of memecoins.
Instead of having to understand complex technical details of a project and worrying about when and how VCs will dump their bags, many new entrants to the market find it much easier to speculate on something based on how funny and catchy it is, he added. Of course, this is still largely just gambling, as there are countless rugs for every memecoin that pulls 100x, not to mention that even the ones that pump most often end up teaching the few people that got in early some hard lessons about liquidity and sustainability.
That being said, there are still technically impressive projects that are doing great, and I do believe that capital will start to rotate more and more to these tokens later in the cycle, he concluded.
According to MN Trading founder Michal van de Poppe, in the near term, Bitcoin is likely to trade sideways and consolidate until sometime after the halving.
Altcoins follow Bitcoin lower
The altcoin market was hard-hit by Bitcoins pullback, with only 10 tokens in the top 200 registering a gain of more than 2%, while the vast majority recorded losses.
Daily cryptocurrency market performance. Source: Coin360
Theta Fuel (TFUEL) led the gainers with an increase of 24.5%, followed by Saga (SAGA), which gained 10.4%, while MX Token (MX) climbed 9.4%. Meme coin dogwifhat (WIF) was the biggest loser, falling 14.9%, while Arkham (ARKM) lost 13.9%, and Wormhole (W) declined 13.5%.
The overall cryptocurrency market cap now stands at $2.6 trillion, and Bitcoins dominance rate is 52.3%.
Disclaimer:The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
Read more here:
Crypto bloodbath: Altcoins crushed as Bitcoin tanks pre-halving - Kitco NEWS
Crypto bloodbath: Altcoins crushed as Bitcoin tanks pre-halving – Kitco NEWS
(Kitco News) Pre-halving volatility continued to dominate the crypto market on Tuesday as prices reversed course following Mondays spike, with Bitcoin (BTC) plunging below $69,000 while altcoins got hammered.
Stocks trended lower for most of the trading day as investors sat on the sidelines ahead of tomorrows Consumer Price Index (CPI) report, which will help shed light on the likely path of U.S. interest rates. Currently, the market sees a 57% chance of a rate cut in June, while the odds of a cut in July stand at 74%.
A rally into the close managed to lift the S&P and Nasdaq out of negative territory for a gain of 0.14% and 0.32%, respectively, while the Dow finished flat.
Data provided by TradingView shows that Bitcoin has been in a downtrend since it peaked at $72,800 on Monday, falling 6.82% to hit a low of $68,200 on Tuesday afternoon before dip buyers managed to push it back above $69,000.
BTC/USD Chart by TradingView
At the time of writing, BTC trades at $69,030, a decline of 3.75% on the 24-hour chart.
Volatility expected
The recent macro environment is like a pendulum, constantly oscillating between hope for the Goldilocks scenario of a perfect soft landing and fears of inflation picking up again and forcing more hawkish monetary policy, said market analyst Bloodgood in his latestupdate. Right now sentiment seems to be swinging a bit in the bearish direction with stocks having an unusual dump on Thursday, although much of it was retraced by the weekly close.
In any case, all eyes are on tomorrows CPI release, and the consensus forecast is at 3.5%, he said. Given that the market is terrified of the possibility that the Fed may have acted too soon with dovish signaling although theres still no clarity on when the rate cuts will finally come any surprises in terms of hotter-than-expected inflation would have an outsized impact on the market.
Needless to say, caution is advised especially if youve got any leveraged positions open, Bloodgood warned.
While Bitcoin successfully closed the weekly candle above a key level last week, Bloodgood said he is seeing a lot of indecision lately as neither side is managing to follow through after a break in either direction.
However, we are still slowly drifting upwards and printing higher lows, which gives me confidence that bulls are still in control here, he said. The big test will come at the current All-Time-High which is slightly above $73,700.
Apart from BTC reclaiming the $70k level, not much has changed, Bloodgood noted. Times are uncertain as we are about to have a BTC halving right after making a fresh ATH which isnt how cycles typically look so were definitely in uncharted territory.
Briefly touching on gold, he highlighted that Gold is simply not stopping. New week, new all-time high. There is not much you can do right now but watch it fly, he said.
Overall, Bloodgood noted that this bull market cycle in the crypto market is different from all its predecessors thus far, so traders would be wise to trade the chart in front of them and not rely on fractal patterns or previous cycles to determine what will come next.
Apart from a Bitcoin ATH before the halving, another thing that makes this cycle unusual is that memecoins are capturing so much attention and so persistently when BTC is barely above the previous ATH, he said. While some see this as a top signal, I think its got more to do with the normie-friendly nature of memecoins.
Instead of having to understand complex technical details of a project and worrying about when and how VCs will dump their bags, many new entrants to the market find it much easier to speculate on something based on how funny and catchy it is, he added. Of course, this is still largely just gambling, as there are countless rugs for every memecoin that pulls 100x, not to mention that even the ones that pump most often end up teaching the few people that got in early some hard lessons about liquidity and sustainability.
That being said, there are still technically impressive projects that are doing great, and I do believe that capital will start to rotate more and more to these tokens later in the cycle, he concluded.
According to MN Trading founder Michal van de Poppe, in the near term, Bitcoin is likely to trade sideways and consolidate until sometime after the halving.
Altcoins follow Bitcoin lower
The altcoin market was hard-hit by Bitcoins pullback, with only 10 tokens in the top 200 registering a gain of more than 2%, while the vast majority recorded losses.
Daily cryptocurrency market performance. Source: Coin360
Theta Fuel (TFUEL) led the gainers with an increase of 24.5%, followed by Saga (SAGA), which gained 10.4%, while MX Token (MX) climbed 9.4%. Meme coin dogwifhat (WIF) was the biggest loser, falling 14.9%, while Arkham (ARKM) lost 13.9%, and Wormhole (W) declined 13.5%.
The overall cryptocurrency market cap now stands at $2.6 trillion, and Bitcoins dominance rate is 52.3%.
Disclaimer:The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
See the original post:
Crypto bloodbath: Altcoins crushed as Bitcoin tanks pre-halving - Kitco NEWS
This Popular Altcoin Skyrockets by 70% Following Support From Coinbase: Details – CryptoPotato
Our website is a comprehensive guide to digital currency investing & trading.Here are a few suggestions to get started, and get the most from us:
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This Popular Altcoin Skyrockets by 70% Following Support From Coinbase: Details - CryptoPotato
Valuable Advice: Crypto Expert’s Recommended Altcoin for Today’s Portfolio – Analytics Insight
What would you do if someone told you that your investments could go up by nearly 400 times in a few months? That is exactly what the experts are suggesting about Bitgerts BRISE coin. Bitgerts BRISE coin has become the talk of the town currently with its unforeseen growth in the market.
This token has given huge returns to its investors and is still on its way to making further growth. Analysts suggest that this growth is rooted deeply in the market expansion of the Bitgert chain and the increasing utility of the BRISE coin. Investing in Bitgerts BRISE is considered the best investment opportunity.
Lets analyze this opportunity and understand how Bitgerts BRISE coin is rising in this market.
Launched in 2021, Bitgert opposes the major altcoins and ecosystems like Solana and Cardano. The Bitgert chain is a layer 1 solution for blockchain users to enhance their functionality in the decentralized finance world.
Bitgert functions with the use of a combination of PoS and PoA consensus mechanisms. This mechanism has allowed Bitgert to offer higher security with better efficiency in adding blocks and executing transactions. Bitgert tackles the challenges of low speed and high transaction costs. It offers a speed of nearly 100k TPS with a near-zero gas fee cost for each transaction. These benefits have attracted multiple projects to the Bitgert chain, thus rapidly expanding it.
Bitgert now has more than 600k members in the community and over 25M transactions have been executed on the chain. Projects like Miidas NFT marketplace, Startup Studio, Omniaverse, etc. that increase the utility of BRISE coin, are already on the Bitgert chain. Bitgert now eyes on expanding further, thus fueling the rapid growth of the BRISE coin as well.
Bitgerts BRISE coin has outperformed every single coin in the market since its launch. It was introduced in 2024 via an upgrade to the Bitgert chain. Since the launch, Bitgerts BRISE coin has already added close to a 40,000% rise in its price. Even during the market correction last month, Bitgerts BRISE coin managed to rise by close to 70%.
Currently, the trading volume of Bitgerts BRISE coin is increasing by 10-20% on average, each day. This has helped Bitgerts BRISE coin to become a mid-cap token, with a huge upside potential. The deflationary mechanism of this BRC-20 token also promotes the price as the utilization of Bitgerts BRISE coin increases.
The market KPIs of Bitgerts BRISE coin also indicate positively about the token. Its RSI score is well above 55, which indicates that the token has a strong buy signal. The moving averages of the token also suggest that there is a buying pressure in the market, relating to the token.
The experts have been closely monitoring the performance of Bitgerts BRISE coin. It is predicted that the token may close this year at $0.0001 which is nearly a 400 times jump from the current price. Looking at the positive path that Bitgerts BRISE coin is on right now, it is safe to say that this goal seems achievable for the token. It all concludes with one thing, i.e. investing in Bitgerts BRISE coin can give you exponential returns soon.
To know more about Bitgert, Visit https://bitgert.com Buy Bitgert coin from the below exchanges now!
Buy on Kucoin BRISE/USDT
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Valuable Advice: Crypto Expert's Recommended Altcoin for Today's Portfolio - Analytics Insight
Big Bet Alert: This Altcoin Is My Top Pick for the Next Bull Run – Analytics Insight
2024 has been a decent year for the cryptocurrency market so far. The surge in the prices of cryptocurrencies across the board has led to a notable uptick in investor confidence and market liquidity, prompting investors to pledge additional capital.
With bullish momentum, positive sentiment and extreme greed among investors, the crypto market is exhibiting nearly all the hallmarks of an impending bull run. Amid the bullish hype, NFT Finance (NFTFN) has emerged as a promising altcoin offering immense growth prospects, making it my top pick for the next bull run.
NFTFN, a pioneer in the web3 fintech sector, aims to tackle the problems that currently plague the non-fungible token (NFT) market, including lack of risk management tools and liquidity, as well as the expensive entry barriers. Leading the charge is NFTFNs flagship product SuperNova (SNV), a revolutionary decentralized exchange (DEX) that offers exposure to highly coveted blue chip NFT collections like BAYC, MAYC, Doodles, CloneX, and Azuki.
Using SNVs innovative NFT floor price index, traders can take long or short positions based on the floor price of premium NFT collections, using leverage of up to 10. In line with NFTFNs efforts to foster a dynamic and inclusive trading ecosystem, SNV allows users to trade with as little as $10.
>> Be Among the FIRST! Get the Exclusive Perks From NFTFN Presale <<
After recently concluding a highly successful initial presale round that raised $250k, NFTFN has rolled out the second stage of its presale. Everyone from retail traders to crypto whales is eagerly lining up to buy the token for just $0.03 (supply limited to 1 billion). In a very short span of time, NFTFN has raised more than $400,000 via presales.
NFTFN is backed by crypto leaders like Polygon and top venture capitals, including Alpha Wave Global and Sigurd Ventures. The project has also inked strategic partnership deals with industry titans like Binance Smart Chain, OpenSea, and Google Cloud, bringing significant credibility. NFTFNs growth prospects are further enhanced by its well-planned tokenomics model, which prioritized long-term stability.
The market capitalization of the NFT sector stood at $10 billion till last year. That figure is projected to reach a whopping $230 billion by the end of the decade. Given its NFT-centric nature, NFTFN is well-positioned to capitalize on this explosive growth and witness a dramatic surge in its value.
Discover the Most Exclusive Presale Opportunity of 2024 Now: NFTFN Token Official Website | Visit NFTFN Token Presale Join Official Telegram Group | Follow Official X Account
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Big Bet Alert: This Altcoin Is My Top Pick for the Next Bull Run - Analytics Insight
This Trader’s Betting Big on an Altcoin for the Upcoming Crypto Surge – Analytics Insight
The crypto market is booming, and investors and traders are aligning themselves with assets that can harness the most significant returns. One notable trader is betting massively on the NFTFN token to profit massively during this bull run. Their wallet activity shows them moving funds into this presale token to witness long-term growth as it expectedly becomes a top gainer as the year unfolds.
Currently offered at $0.030 in phase 2 of its presale, the NFTFN token has become the choice of this trader whose wallet history shows whale-like activity in some of the top tokens in the market, including ETH, SOL, and BNB. A massive chunk of their holdings has now been diverted to this new altcoin. They are not alone in knowing the tremendous return-generating capability of NFTFN as several analysts inform on its possible 100X growth in the coming months.
>> Be Among the FIRST! Get the Exclusive Perks From NFTFN Presale <<
The collective belief in the tokens eventual price surges arises from the platform it is native to, the NFTFN platform a novel trading dApp at the cusp of revolutionizing the NFT market. Its novelty comes from allowing anyone with just $10 to ride the price momentum of some of the most popular top-dollar blue-chip NFTs. With that, NFTFN breeds new possibilities in the NFT segment.
Buying and trading blue-chip NFTs was a highly lucrative affair reserved only for those with significant capital. The high valuations of these assets kept most NFT enthusiasts from ever interacting with them, constricting them to only interact with less-known collections. That brought several drawbacks for the average NFT enthusiast, including many such collections turning out to be scams or tanking in value due to the lack of resilience against negative market conditions. Either way, these NFT lovers lose the value they put into the NFT market.
With NFTFNs advancement, they can now rely on the robust price activity of top NFTs, which are neither scams nor weak enough to not hold against negative market movements. Thus, NFT enthusiasts can rejoice in knowing they, too, can profit from their favorite NFT collections. NFTFN evens the playing ground for those who do not hold large capital.
This revolutionary offering will push NFTFN to the top of the NFT segment as users flock to adopt its transformative use case. Those arriving at its doorstep will stay for more than the use case. NFTFN also provides a user-centric trading experience, setting it apart from trading applications across industries. For instance, its DEX ensures all trades are executed in a decentralized manner, removing centralized corruption from bleeding into the trading processes. Simultaneously, its open orderbook advances transparency to users, letting them verify if their trades occur at fair prices.
The benefits do not end there. NFTFN eliminates all hidden fees, including slippage charges effected by several trading platforms. Users do not have to spend unnecessarily on NFTFN. In fact, it lets users make the biggest returns while they save, offering them 10X leverage potential to go big on trades and earn the largest profits.
It also considers those who want to trade more than just NFTs by providing tradeable indices of various asset types, including Bitcoin Ordinals, RWAs, and ERC-20 tokens. Users can diversify their trading positions by indulging in any of these asset types and making the most of their price movements.
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Injective Protocols Ionic upgrade enhances not only its own ecosystem but also significantly impacts the Ethereum network and altcoins like AAVE and Borroe Finance.
Injective Protocol has launched Ionic upgrade, which has not only impacted it but other altcoins, especially the entire Ethereum network. This launch has brought about a new innovation in the web3 ecosystem. The market is not turning in the favor of Injective only, but as well as some other leading altcoins like AAVE and Borroe Finance (ROE), a new AI altcoin.
Borroe Finance is pioneering a new approach to web3 financing through its use of AI-powered blockchain invoice discounting NFT marketplace. By enabling web3 businesses to issue NFTs representing future revenue streams, Borroe Finance provides upfront cash for businesses while offering investors opportunities for investment.
Following the unveiling of its features, Borroe Finance has seen a significant influx of adopters and investors. The projects adaptation of CrossFi and a liquidity pool into its dApps has positioned it as a major force within the web3 and DeFi landscapes, attracting attention from investors.
Currently, Borroe Finances native governance token, ROE, is valued at $0.02 per token in the fifth stage of its presale. Borroe Finance is poised to emerge as a key player in the DeFi sector, offering investors significant growth potential in the coming months.
Injective Protocol released Injective Bridge Ionic upgrade, a platform aimed at building a decentralized finance system. This version offers customers improved functionality and an improved user experience, marking a significant progress in interoperability within the crypto field.
The Ionic upgrade introduces several key features:
The Ionic upgrade has reached an important turning point in the development of web3 infrastructure, which gives customers more accessibility, efficiency, and flexibility while managing their assets across several blockchain networks. Through the utilization of Wormhole 2.0 and the Inter-Blockchain Communication (IBC) protocol, Injective has established itself as a central hub for the financial ecosystem, enabling smooth asset transfers and interoperability between various blockchain platforms.
Aave, a decentralized finance (DeFi) protocol, has been making strategic moves to enhance its ecosystem and drive the adoption of its native governance token, AAVE.
Aave Labs has proposed a governance solution to implement the GHO stablecoin across multiple blockchains. This initiative aims to address accessibility barriers and increase the value of GHO in the defi space by leveraging Chainlinks Cross-Chain Interoperability Protocol (CCIP) to facilitate conversations between different blockchain networks.
There has been a lot of positive news in the crypto market lately, and Injective has been a partaker of great happenings in the space. With the Ionic upgrade, the journey ahead looks promising for INJ. The market has also been favorable to AAVE and Borroe Finance, making them examples of good crypto to buy.
Learn more about Borroe Finance at its website, Telegram or Twitter.
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INJ elevates ETH as spotlight turns to Aave and new AI altcoin - crypto.news