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HomeNewsBitcoin Shatters Records: These Altcoins Poised for Next Mega Pump

Bitcoin Shatters Records: These Altcoins Poised for Next Mega Pump

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Bitcoin continues to break through with its market value, reaching a staggering $71,000. This event followed closely on the heels of the UK’s Financial Conduct Authority’s decision to pave the way for crypto ETNs. As this digital asset gains momentum, speculation grows around which altcoins are primed for the next major surge, unfolding another intriguing chapter in the cryptomarket.

BlastUP Presale Exceeds $1 Million: Anticipating the Next Big Thing in Crypto

BlastUP, the premier launchpad on Blast, has recently made a splash in the crypto world with its head-spinning outset, raising ¬†over $1 million in a few weeks. This project is creating a buzz and attracting the growing number of early investors who have already recognized BlastUP’s high potential.

BlastUP is poised to reach roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board.

Currently, BlastUP is running its fourth presale stage, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.05, you get a hefty discount of $0.05, as the listing price is set at $0.1.

>> Be Among the FIRST! Get the Exclusive Perks From BlastUP Presale <<

Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.

Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast off in the crypto space.

The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace.

>> Join BlastUP Presale NOW to Unlock Early Benefits <<

Jupiter’s Price Rise Indicates Investment Potential

Jupiter’s price appears to be on a bullish trajectory, given the recent $123 million staking deed channeled towards the upcoming Solana token launch. With a current price floating around $0.80, proximate to its second resistance level of $0.81, it presents prodigious investment potential. The MACD recommendation to buy, paired up with the 10-day Simple Moving Average action, accentuates the optimistic view in the short term.

However, observing from a long-term standpoint, the nearest support level sits at $0.42, beneath half of the current price. It reminds us of potential risks as the gradient towards a severe drop is prevalent. Regardless of the tenacity of the current market ambiance, there’s no surety the anticipated Solana token launch will yield entirely positive influences. Existing volatility within the crypto market necessitates investors to thread with prudence.

Cardano Navigates Market Despite Exclusion from Grayscale Fund

Cardano’s exclusion from the new Grayscale fund has stirred some discussion. While it sparked disappointment among the ADA holders, the current market indicators suggest a balanced perspective. The ADA managed to cross the nearest resistance level of $0.75 and is trading at $0.76. If this upward trend continues, it’s believed that the coin may touch $0.85 in the near term. Meanwhile, the moving average signals advocating ‘Buy’ reflect a possible optimistic turn.

On the other hand, it’s equally significant to note the market risks. Despite the present surge, ADA’s nearest support level at $0.52 and the second one at $0.38 shouldn’t be overlooked. Any negative market shift, perhaps triggered by this exclusion news, could possibly urge ADA to drop towards these support levels. Hence, a watchful approach backed by continuous market tracking is advised for the investors.

Solana’s High Trading Volume Indicates Potential for Growth

Solana is on a roll, with high trading volumes giving it a definite boost. Its current price stands at $153.6, not far from the nearest resistance level at $142.72. Given the increased demand, there’s potential for the price to hit the second resistance level at $160. By looking at the simple moving average for 10 and 100 days, both recommending buying, it seems Solana has room for growth.

That said, let’s not ignore the potential risks. Despite the strong performance, we must prepare for fluctuation. Factors such as market volatility could push prices down to the nearest support level of $100.87, or even the second support level at $76.03. With indicators like the RSI and Stochastic RSI Fast, signaling a neutral action, we must tread carefully, keeping an eye on Solana’s next moves.

Nomura’s Laser Digital Partnership to Boost Pyth Network’s Growth

Nomura’s Laser Digital joining Pyth Network is noteworthy. This collaboration could spark Pyth Network’s growth, potentially pushing the price beyond the nearest resistance level of $0.92 and towards the second resistance level at $1.18. With the current price lingering at $0.84, the short-term prospects seem favorable, especially given MACD’s buy recommendation and a 10-days simple moving average at $0.71.

Although the partnership with Nomura’s Laser Digital bodes well for Pyth Network, caution is essential. The RSI recommends a sell, suggesting potential price depreciation in the offing. This could cause the price to slide down towards the nearest support level at $0.38 or further to the second support level sitting at $0.12. Keep an eye on the long-term trends and make your move only when the picture is clear.

Conclusion

While all eyes are closely monitoring the movements of Jupiter, Cardano, Solana, and Pyth Network, it is BlastUP that’s potentially making the most notable strides. The project, as part of the expansive “Blast” ecosystem, combines an innovative concept with impressive execution, creating an exciting venture for potential investors. While its fellow coins each wield their unique merits, it is undeniably BlastUP that maintains a firm edge for future growth and advancement within the crypto sphere.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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

Telegram: https://t.me/blastup_io

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Ralf
Ralf
Ralf Klein is a computer engineer specializing in database technology, and as such, he was immediately fascinated by the possibilities of blockchain when he first heard about it, especially since this distributed, tamper-proof technology can be the foundation for much more than just cryptocurrencies. At ETHNews, he translates the articles of his English-speaking colleagues for the German readers. Business Email: info@ethnews.com Phone: +49 160 92211628
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