Altcoins

RWA vs. DePin: Key Differences & Top Altcoins – Could This Be The Best Crypto Story of 2024?

Published

6 months ago

27 July, 2024

The world of cryptocurrencies is full of new trends and possibilities. Two notable concepts, RWA and DePin, are emerging as potential game changers. This article delves into the fundamental differences between these innovations and sheds light on the top altcoins tied to each. Find out which cryptocurrencies are poised to surge in what could be the hottest crypto narrative of 2024.

CYBRO Presale Surpasses $1.3 Million: A Unique Investment Opportunity for Neobanks

CYBRO Catches the Attention of Crypto Whales as Its Exclusive Token Presale Rapidly Surpasses $1.3 million. This cutting-edge technology NeoBank offers investors unparalleled opportunities to maximize their gains in all market conditions.

Experts predict potential ROI of 1200%with CYBRO tokens available at a pre-sale price of just $0.03 each. This rare and technologically advanced project has already attracted prominent crypto influencers and whales, demonstrating strong trust and interest.

CYBRO token holders will enjoy lucrative yield staking rewards, Exclusive airdropscash back on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

With only 21% of the total tokens available for this presale and around 64 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that is truly one in a million.

>>>Join CYBRO and aim for future returns of up to 1200%<<

Ondo (ONDO) Shows Signs of Potential Rebound, Bulls and Bears Face Off

Ondo price is currently trading between $1.01 and $1.15, indicating a cautious market mood. Despite recent declines – with a one-week decline of around 6.5% and a monthly decline of close to 20% – Ondo has shown significant growth over the past six months, up over 270%. The RSI of 65.51 suggests it is bordering on overbought territory, while a high stochastic level near 96 indicates possible price corrections. Support is found at $0.94, with stronger resistance at $1.21. If the bulls regain control, Ondo could push as high as $1.35, targeting a 17% increase from current levels. The market tug-of-war is keeping traders on their toes.

MANTRA (OM): Bears dominate while Bulls lose speed

MANTRA (OM) is currently trading between $1.16 and $1.52. The bears seem to have the upper hand recently. The price has dropped by about 7% in the past week, despite a strong growth of over 61% in the past month and an impressive 1,090% increase in six months. If the coin breaks the resistance level of $1.64, it could surge to nearly $2, a possible increase of around 30%. However, if it falls below the support level of $0.93, it could drop by around 50%, heading towards $0.58. For now, the battle between the bulls and the bears continues with the bears in slight control.

Render (RNDR) Bulls Take Position Amid Market Uncertainty

Render (RNDR) is trading in a fluctuating range, neither firmly bullish nor bearish. The coin is hovering around a mid-range price, showing slight upward and downward movements. The bulls appear weak as RNDR struggles to break its closest resistance level, just a few dollars above the current price. The bears are also not very strong, with the coin finding strong support a few dollars below. If the buyers gain strength, RNDR could rise by a notable percentage, potentially exceeding a quarter of its current value. Market sentiment remains cautious, but the growth outlook is optimistic if the bullish momentum strengthens.

JasmyCoin Receives Mixed Signals Amid Turbulent Price Movements

The current price of JasmyCoin is hovering between $0.0269 and $0.0328, which shows a fierce fight between the bulls and the bears. Recently, its price has climbed less than 1% over the past week but has fallen by almost 9% over the past month. Despite this, JasmyCoin has surged by over 435% over the past six months, suggesting strong long-term potential. The immediate resistance level lies at $0.0353, followed by $0.0413, which suggests possible gains of up to 25% if the bulls regain strength. On the downside, the supports at $0.0234 and $0.0175 could limit losses. With indicators like the RSI near 62 and the Stochastic above 90, the JasmyCoin market remains an exciting market to watch.

Conclusion

Altcoins like ONDO, OM, RNDR, and JASMY have some potential, but it is limited in the short term. The real game changer in 2024 is CYBRO. This advanced DeFi platform leverages AI to deliver high-yield aggregation on the Blast blockchain. CYBRO offers features like lucrative staking rewards, exclusive airdrops, and cashback on purchases. It ensures a simple user experience with seamless deposits and withdrawals. With a focus on transparency, compliance, and quality, CYBRO is garnering a lot of interest from crypto whales and influencers.

Site: https://cybro.io
Twitter: https://twitter.com/Cybro_io
Discord: https://discord.gg/xFMGDQPhrB
Telegram: https://t.me/cybro_io

This is a sponsored post. The opinions expressed are solely those of the sponsor and readers should do their own due diligence before taking any action based on the information presented in this article.

Fuente

Altcoins

Long-Term Impact of Ethereum ETF on Cryptocurrency Market

Published

6 months ago

29 July, 2024

CoinFlix Staff

Long-Term Impact of Ethereum ETF on Cryptocurrency Market

Popular crypto analyst Michael van de Poppe has highlighted his altcoin portfolio approach in light of the new Ethereum ETF. In a recent Youtube videoThe analyst explained the measures he would take for this major market event.

The Ethereum ETF was listed on the stock exchange and it took time to get approval and so far there has been no significant change in price. The analyst pointed out that the long-term effect could be quite significant, comparing it to the situation of the Bitcoin ETF where the initial decline was followed by large inflows.

According to Van de Poppe, the Ethereum ETF’s trading volume on the first day of trading was about 25% of the volume Bitcoin ETF He noted that the first day of trading was marked by low inflation, and said there was a net inflow of $150 million to $160 million, which reduced the available supply.

Altcoins are poised for growth

The analyst said that as Ethereum adoption increases in the future, the supply of Ethereum will decrease, which is a deflationary model. Ethereum is up about 15% since the ETF approval, the broader market reaction has yet to happen as several sell-offs have taken place, including the Grayscale Trust.

Van de Poppe also mentioned other important market events, including the end of Mount Gox The process of repaying creditors initially caused tensions in the markets, but had little effect subsequently. It also highlighted the role of macroeconomic factors, which can lead to Fed rate cuts, which can affect markets.

In this regard, looking at van de Poppe’s strategy, he is still keen to trade within the altcoins of the Ethereum ecosystem. He stated that there is a possibility of short-term price fluctuations that may discourage many people, but the long-term still looks good due to the improvement and adaptation that has been made to Ethereum and its environment.

According to the analyst, substantial inflows could propel Ethereum towards new historic highs with estimates ranging from $5,000 to $7,000. Despite the current market fluctuations, he is confident that macroeconomic changes and greater liquidity will be favorable for altcoins.

He explained that his broad approach to altcoins, especially those associated with Ethereum, will be beneficial because the market will react differently to these events. The basis for his optimism comes from the fact that he believes that Ethereum and all associated projects are still extremely undervalued and have the potential to skyrocket as sentiment changes.

Looking ahead and market adjustments regarding the Ethereum ETF and other macroeconomic factors, the analyst remains bullish on altcoins. He suggested investors stay informed and believe that in the ever-changing world of crypto, they will eventually be rewarded.

Fuente

Altcoins

Altcoins Are Severely Undervalued, Awaiting Ethereum Move | Flash News Detail

Published

6 months ago

28 July, 2024

CoinFlix Staff

IntoTheBlock Releases Report on Institutional DeFi Trilemma

Disclaimer

Disclaimer: Blockchain.news provides content for informational purposes only. Under no circumstances shall blockchain.news be liable for any direct, indirect, incidental or consequential damages arising out of the use of, or inability to use, the information provided. This includes, but is not limited to, any loss or damage resulting from decisions made based on the content. Readers should conduct their own research and consult professionals before making any financial decisions.

Fuente

Altcoins

Altcoins Correct Amid ETH Decline, Grayscale Outflows | Flash News Detail

Published

6 months ago

28 July, 2024

CoinFlix Staff

Disclaimer

Fuente

Altcoins

Epic Altcoin Rally Expected for August and September

Published

6 months ago

28 July, 2024

CoinFlix Staff

Crypto analyst predicts massive altcoin rally similar to Q1 2024, urging patience and accumulation.
Bitcoin’s potential as a reserve asset and its technical patterns suggest that it will drive the rise of the cryptocurrency market.

Captain Faibik, a renowned crypto analyst, has created excitement in the cryptocurrency sector with his latest prediction. He indicated that we are on the cusp of a massive altcoin rally, similar to the one we saw in Q1 2024.

We are on the verge of a massive Altcoin rally, similar to Q1 2024📈

Keep accumulating and hold with patience. (Patience will be rewarded)

The majority of #Altcoins have already hit rock bottom and are about to escape.

In my opinion, August-September is going to be epic for Altcoins.🚀🚀#Crypto pic.twitter.com/cMdHagiaYc

— Captain Faibik (@CryptoFaibik) July 24, 2024

Accumulating and Holding Altcoins: The Path to Potential Profits

He stressed the need to accumulate altcoins and hold them patiently, as it will eventually pay off. According to him, the majority of altcoins have already bottomed out and are about to break it. He believes August and September will be epic months for altcoins.

In a chart posted by Captain Faibik, the overall crypto market cap, excluding Bitcoin and Ether, known as TOTAL3, is approaching the upper boundary of a descending channel pattern.

This context suggests a potential breakout and a significant rally towards the $1 trillion mark. Technically, the decline since mid-March is interpreted as a corrective trend for the value of TOTAL3, signaling a preparation to enter a rally structure.

Bitcoin’s influence and legislative developments suggest good prospects for the future

Furthermore, based on sentiment and technical patterns, Bitcoin, the world’s leading cryptocurrency, appears poised to lead the charge in the cryptocurrency market. Bitcoin’s performance often sets the tone for the market as a whole, and a strong move in BTC could trigger a significant rally in altcoins.

Previously, as we have already said reportedSenator Cynthia Lummis said she plans to introduce a bill at the upcoming Bitcoin conference that would require the Federal Reserve to hold Bitcoin as a reserve asset.

If this law passes, the US will treat BTC as a long-term investment rather than selling huge amounts infrequently, which could disrupt the market.

In addition, asset management firm VanEck has proposed a bold scenario in which Bitcoin Price Could Reach $2.9 Million Per BTC By 2050based on its fundamental outlook. Matthew Sigel, head of digital assets at VanEck, and senior investment analyst Patrick Bush noted that their estimate is based on Bitcoin’s adoption as a global medium of exchange and reserve asset.

As Bitcoin price increases, altcoins are expected to gain popularity, indicating the start of a bullish rally shortly after the BTC halving event.

Meanwhile, at the time of writing, the price of BTC was hovering around $67,007.99up 4.67% over the past 24 hours following a short-term correction.