Altcoins

The ONLY Altcoins you need to BECOME A MILLIONAIRE during this Bull Run!

Published

8 months ago

21 May, 2024

The ONLY Altcoins you need to BECOME A MILLIONAIRE during this Bull Run!

As the 2024 bull run approaches, identifying key altcoins can make a difference in an investor’s portfolio. This surge has the potential to push certain cryptocurrencies into the stratosphere, creating vast wealth opportunities. The article focuses on certain altcoins that have shown remarkable potential to skyrocket during this period. It provides keen insight into who could potentially turn investors into millionaires in this exciting phase of the market.

BlastUP Presale: A Beacon of Predictability in the Volatile Crypto Space

Presale tokens are immune to sudden market fluctuations with their price set at a certain level. Predictability is one of the main advantages of pre-sale projects such as Blast.

BlastUP is the first launchpad on Blast, the only layer 2 solution with native yield for ETH and stablecoins. Just a few weeks after its pre-sale, this platform has collected more than 6 million dollars which says a lot about wide recognition among informed investors.

The pre-sale of BlastUP Tokens is underway, offering a decent chance to invest in a promising asset at a low price.

>> Don’t miss this opportunity! Buy BlastUP tokens at the best price! <

Those who buy BlastUP tokens at this stage win exclusive access to an Airdrop distribute part of the free tokens. Also, they can get additional rewards through staking.

BlastUP is committed to fostering a strong community with the Blast ecosystem where everyone benefits from mutual growth. With ambitious plans to combine AI and Web3 toolsBlastUP aims to create a truly enriching and safe environment for smooth launches of DApps.

BlastUP is booming, powering crypto startups with a community atmosphere first and innovation at its heart. It is quickly becoming the essential hub of the Blast ecosystem, with major projects until 2026.

>> Act quickly! BlastUP token supply is limited – Secure your spot NOW! <

Polygon Price Movement: A Concise Overview

Polygon (MATIC) posted slight gains over the week with an increase of 2.83% and a similar trend over the month, up 2.53%. However, the token is down 5.09% over the past six months, indicating long-term losses. Currently trading between $0.64 and $0.72, MATIC shows upside potential towards the nearest resistance at $0.76, but also risks falling back to support at $0.60 if the tide turns . With its near-average RSI and Stochastics and a MACD level near zero, MATIC’s price movements suggest a more steady corrective trend rather than a strong current impulsive phase.

Ondo Crypto Prices Jump, Predictions Are Promising

In the latest trend, the price of Ondo has seen a remarkable rise. Currently, it is moving between $0.73 and $1.05. Over one week, ONDO climbed 18.22%, and in one month, 24.22%. An astonishing rise has been seen over the past six months, with the price soaring by 2,991.93%. The price is now near the $0.92 average. With a modest Relative Strength Index at 51.20 and a Stochastic suggesting greater room for growth at 65.31, ONDO’s current moves are more impulsive. The forecast is optimistic, predicting a push towards the nearest resistance at $1.20, possibly targeting the second resistance at $1.52 if momentum persists.

Jito Crypto climbs steadily: analysis and outlook

Jito coin (JTO) currently costs between $3.73 and $4.97. Last week it was up about 12%, and last month it was up about 23%. Over the past six months, JTO’s value has skyrocketed, showing an increase of over 2,883%. It is hovering near resistance at $5.58; if it breaks through, it could target higher resistance at $6.82. The support to watch is at $3.09. The trends suggest that the coin is making constant upward movements; the RSI at 55.73 suggests more growth without being overbought. The MACD’s slight decline suggests caution, but the overall trend looks more like an uptrend than a pullback.

Hashflow (HFT) Price Prediction: Steady Rise or Slide?

Hashflow is trading between $0.27 and $0.31. If it falls below $0.25, it could drop to $0.22. It moved slightly in a week, lost a little in a month, but gained over six months. The piece sees regular movements, not rapid ones. Prices could reach $0.33 with enough pressure, but be careful, they may decline if they drop below $0.25.

Conclusion

Although coins such as MATIC, ONDO, JTO, and HFT may appreciate in value, they offer lower short-term growth than BlastUP. BlastUP stands out for its innovative concept and integration into the Blast ecosystem, making it a top choice for investors looking for significant gains during the current market rally.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

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

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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.