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Best Crypto Tokens Ready to Drive DApp Projects in the Future!

Published

2 months ago

16 May, 2024

Best Crypto Tokens Ready to Drive DApp Projects in the Future!

Crypto tokens are having a significant impact in shaping DApp platforms as the 2024 bull run continues. Some tokens are standing out, ready to take the lead in powering a future where decentralized apps become an integral part of technological innovations. This article provides detailed information on the tokens at the forefront of this movement, offering a glimpse into their contributions and potential to advance the DApp space. With market momentum, these tokens are the ones to watch for their role in the evolving arena of blockchain applications.

Over $6 million raised: BlastUP pre-sale continues, offering a potential ROI of up to 1000%

BlastUP has received a lot of attention lately due to its high potential to become a major force in the cryptocurrency industry. This pioneering stepping stone on Blast has already attracted attention over 15,000 active users.

The ongoing BlastUP presale is a huge success, more than that $6 million raised so far. BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket by 1000% by the end of this year.

>> Buy BlastUP tokens now for maximum returns! <

BlastUP helps crypto startups grow faster and earn more. As BlastUP progresses, it continues to commit to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

BlastUP’s roadmap extends to 2026, promising the introduction of AI-powered tools and… Community marketfurther enriching the capabilities of the ecosystem.

The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, bet prizesand exclusive loyalty benefits.

>> Join BlastUP now or this rocket will take off without you! <

Avalanche (AVAX) Price momentum slows but holds gains

Avalanche price is seeing less upward momentum with a slight decline over the past week, falling by 2.61%. In the last month there was a more marked decline, equal to 7.69%. However, looking back six months, the coin is up 58.42%. The coin is currently trading between $30.68 and $37.75. With a high Relative Strength Index (RSI) of 71.52, AVAX suggests an overbought level, which often leads to corrective moves. The price could react to the nearest resistance at $42.35 or it could drop to find support at $28.22. The trend over the past few weeks suggests a mix of both impulsive and corrective moves, indicating potential for future volatility.

Jupiter (JUP) Cryptocurrency Price Soars, What’s Next?

The price of Jupiter coins has soared, with an explosive increase of 3716% in the last six months. Currently, it is trading between $0.98 and $1.16. In the short term, the currency saw a rise of 4.41% in a week and 3.93% in a month. The relative strength index is elevated at 75.48, which usually means it was purchased very recently. The trading momentum is strong, as demonstrated by the stochastic value of 95.74. With the current price above the 10-day and 100-day averages, Jupiter price appears to be in an impulsive move headed towards the next resistance at $1.26. If this level is surpassed, the next target could be $1.44. Support levels are at $0.90 and $0.72, which could be where prices drop if a corrective move begins.

Ethena price movement and future prospects

The price of Ethena is between $0.75 and $0.97. In the past week, its value has fallen by around 19.60% and in the past month, it has fallen by 38.84%. However, looking at the last six months, it has grown by 152.02%. The closest price it could face challenges is $1.11, and it finds support, or a lower limit below which it may not fall easily, at $0.67. The price appears to be in a mix of upward and downward movements, as the price is above both the 10-day and 100-day average, but with recent short-term declines. Given the RSI of 60.40, the coin is neither overbought nor oversold, suggesting some degree of stability. The Stochastic at 89.18 signals that the price may be reaching a point where it could reverse its recent upward trend. With the MACD just above zero, there is no strong momentum in either direction at the moment. Looking ahead, if the coin sustains above the $0.67 mark, it may attempt to break the $1.11 resistance, but if it falls below $0.67, the next one could come into play. support at $0.45.

Conclusion

In the current bull run, several crypto tokens are making headlines with their involvement in decentralized application projects. Their near-term potential may not be as high as some predict. However, among these tokens, BlastUP rises to the top with its impressive concept and integration within the Blast ecosystem. This gives it a significant advantage for future growth and influence in the industry, indicating that BlastUP holds the highest potential to drive future DApp developments.

Place: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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

Telegram: https://t.me/blastup_io

Fuente

News

Meme Tokens Surpass Bitcoin in Turkish Trading Activity This Year

Published

2 hours ago

27 July, 2024

TokenTalk Staff

Meme Tokens Surpass Bitcoin in Turkish Trading Activity This Year

The Turkish cryptocurrency market has seen significant growth in recent years. Currently, more than half of the population invests in cryptocurrencies, according to surveys and polls.

This is evident from the fact that the Turkish Lira (TRY) is the fourth most used fiat currency in cryptocurrencies. Several macroeconomic factors are fueling this crypto adoption in the country. Therefore, stablecoins and meme coins have emerged as the favorites of Turkish investors, even surpassing Bitcoin.

Stablecoins and meme coins dominate Turkish trade

According to the latest relationship According to Kaiko, Turkey’s inflationary conditions have significantly increased stablecoin usage in recent years. In 2024, the research firm found that USDT-TRY dominates as the largest trading pair by volume on Binance, reaching over $22 billion, more than five times larger than the next largest pair, PEPE-USDT, which has $4 billion.

Notably, meme tokens have surpassed Bitcoin in terms of trading volume this year, indicating that Turkish traders are also turning to more speculative cryptocurrencies to hedge against currency fluctuations and make profits.

The increased usage of stablecoins is further reflected in the main Bitcoin trading pairs on BTCTurk, which are BTC-USDT and BTC-TRY.

One of the main reasons driving the adoption of cryptocurrencies is Turkey’s fight against double-digit inflation and the currency devaluation for years, with an average inflation rate above 40% over the past five years. In response, the central bank adopted an unorthodox monetary policy, cutting rates until June 2023. However, this worsened the devaluation of the Turkish lira, which lost more than 300% of its value from the end of 2020 to the end of 2023.

Turkey’s decision to normalize its monetary policy after the 2023 elections failed to restore confidence in the TRY, whose value continued to decline in 2024, albeit less rapidly.

Binance Sees Strong Expansion in Türkiye

Amid economic challenges, Binance has strengthened its position as one of the two largest trading platforms for Turkish traders, thanks to deep liquidity and low fees. As part of a large-scale zero-fee campaign, it offered zero fees for BTC-TRY trading between July 2022 and March 2023.

Offering a wide range of TRY-denominated trading pairs and aggressively adding new pairs in recent years have helped Binance maintain its leadership in the country despite the 2022 cryptocurrency bear market. Binance introduced 61 new TRY trading pairs in 2024 alone, bringing the total number to over 200.

Other exchanges, such as Gate.io, KuCoin, and OKX, have jumped into the Turkish crypto ecosystem, but their overall market share remains less than 1%.

Fuente

News

Top 5 PolitiFi Tokens to Buy Now for MAX Profits

Published

4 hours ago

27 July, 2024

TokenTalk Staff

Coinpedia - Fintech & Cryptocurreny News Media

With the US presidential election fast approaching, the cryptocurrency world is buzzing with new trends. In addition to the well-known cartoon-themed meme coins, a new category is making waves: PolitiFi tokens. Did you see that coming?

These politically themed crypto tokens are gaining attention, especially those centered around former President Donald Trump. Today, we explore the 5 trending Trump-themed PolitiFi tokens.

Stock up to benefit later!

1. Trump (Magazine)

Launched about a year ago, the Trump-themed MAGA token has caused quite a stir in the cryptocurrency ecosystem. Inspired by Donald Trump’s slogan “Make America Great Again,” the MAGA token has produced an astonishing 35 million percent return since its inception. Currently trading at $5.65, it has fallen 8.80 percent in the past 24 hours.

Despite this, the token’s trading volume increased by 23.23%, bringing its market cap to $248 million and securing the 220th spot on CoinMarketCap.

Source: Dexscreener

2. MAGA (MAGA)

Another token with the same ticker, MAGA, is also trending in the PolitiFi category. With 390 billion tokens in circulation, this MAGA token has seen a 11.08% price drop over the past 24 hours, but an 81.39% increase in trading volume. Currently trading at $0.0001337, it is ranked 21st on Dexscreener’s trending list and 522nd on CoinMarketCap. Despite being only two months old, it has provided early adopters with a remarkable profit of 313,373.62% at its all-time high of $0.0007354.

Source: Dexscreener

3. Super Trump Coin (STRUMP)

Super Trump Coin, a meme token depicting Donald Trump as Superman, has a circulating supply of 1.8 billion tokens. Over the past 24 hours, its trading volume has increased by 39.88%. Currently trading at $0.01112, it has dropped by 6.07% over the past 24 hours, but holds a CoinMarketCap rating of 776. From its all-time high of $0.03085, it has dropped by 64.06%. Despite this, its impressive short-term returns have made it a favorite among Trump crypto enthusiasts.

Source: Dexscreener

4. MAGA Vice President (MVP)

Launched just four months ago, MAGA VP has yet to break into the top 1000 cryptocurrencies on CoinMarketCap, currently ranked 1231st. With a value of $0.128, its trading volume has increased by 21.79% over the past 24 hours, with a market cap of $5.3 million. While it is up 110% at its current price, it is down 83.24% from its all-time high of $0.7706.

Source: Dexscreener

5. Little Trump

One of the most unique Trump-themed tokens is Baby Trump, which depicts Donald Trump as a baby president. With a circulating supply of 406 million tokens, it has a market cap of $3.5 million at a trading price of $0.008616. Although its price has dropped 9.45% in the last 24 hours, its trading volume has increased by 4.29%. At its peak, Baby Trump’s market cap was $11 million.

Notably, Baby Trump is the only token among the five analyzed to be based on the BNB Smart Chain, while the others are based on the Ethereum network.

Source: Dexscreener

It’s an exciting time for cryptocurrencies

The current political climate in the United States is spawning a new wave of meme tokens themed around various political figures. Among them, Trump-themed PolitiFi tokens are experiencing the most significant surge in popularity. Support for Donald Trump in the crypto community seems to be a driving force behind the success of these tokens.

Do you think Trump-themed PolitiFi tokens are here to stay or just a passing trend? Share your thoughts.

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News

Brett Token Price Soars 12%; Analyst Expects Further 30% Upside

Published

5 hours ago

27 July, 2024

TokenTalk Staff

Eight altcoins rally 10+% as volatility swings market

Brett, the largest meme coin in Blockchain Base, rose more than 12% on Friday, as sentiment in the cryptocurrency and stock sectors improved.

Brett (BRETT) the token rose to $0.133, up 31% from its low this month. Some traders believe the meme coin has more upside potential in the future.

Analyst is bullish on Brett

In an X-post, Michael van de Poppe, a trader with over 721,000 followers, said he is optimistic that the token will rise to $0.1712, up 30% from Friday’s trading level.

I’ve been a day trader for a long time and memes are a great way to gain that perspective.

Lots of volume.
And there’s a lot of volatility.

When it comes to $BRETTI would look for long positions in this area between $0.125-0.1325 and $0.170 as a clear identification of a potential bull run. photo.twitter.com/hWmSjCZGJa

— Michaël van de Poppe (@CryptoMichNL) July 26, 2024

If he is right, Brett’s market cap will surpass Floki’s (FLOKI), which has a market capitalization of $1.7 billion.

Brett’s bounce came at the start of the Bitcoin 2024 conference today. In a statement at the event, Robert Kennedy, an independent presidential candidate, noted that he is a big supporter of Bitcoin (BTC).

The main protagonist of the event will be Donald Trump, leading in most polls, included in Polymarket. Trump is expected to reiterate his support for cryptocurrencies. Analysts are divided on whether he will announce a Bitcoin reserve at this event.

Blockchain Base is doing well

Brett token also recovered as Base blockchain ecosystems continued to perform well. Launched in 2023 by Coinbase, Base has accumulated over $1.6 billion in DeFi assets, making it the sixth largest chain in the industry. It has surpassed popular networks like Cardano (ADA), Avalanche (AVAILABLE) and Polygon (MATIC).

At the same time, Brett and other altcoins jumped as the U.S. stock market rebounded, signaling that investors have embraced risk-on sentiment. The Dow Jones Industrial Average rose more than 600 points, while the S&P 500 and Nasdaq 100 jumped more than 80 basis points.

Brett Price

Brett Price Chart | Source: Trading View

Technically, Brett formed a morning star pattern, which is a popular reversal sign. In the past, the coin has risen by double digits when it has formed this pattern. For example, it formed on July 12 and then rose by 40%.

On the other hand, this bounce could be a dead cat bounce, where an asset briefly rises and then resumes its downtrend.

Fuente

News

Top 5 PolitiFi Tokens to Buy Now for MAX Profits

Published

6 hours ago

27 July, 2024

TokenTalk Staff

These politically themed crypto tokens are gaining attention, especially those centered around former President Donald Trump. Today, we explore the 5 trending Trump-themed PolitiFi tokens.

Stock up to benefit later!