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Best DeFi Tokens to Maximize Your Profits During the Next Bull Rally!

TokenTalk Staff

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The cryptocurrency sector has shown a strong bullish reversal in its valuation after recording a significant decline due to the cross-border market correction over the past week. Furthermore, the market leader, Bitcoin price, regained the $63,000 mark after falling to a low of around $66,000.

On the other hand, decentralized finance (DeFi) tokens have seen a strong bullish reversal this week and indicate a positive outlook for the coming period. In this article, we have covered the 5 best DeFi tokens to accumulate ahead of the next bull rally.

LevaFi (LEVERAGE):

Formally known as RAMP DEFI, LiverFi is a decentralized leveraged trading platform. After showing weak price action during the previous year, this altcoin started the year positively, indicating an increase in bullish sentiment for the LEVERFI token.

LEVER Price analysisLEVER Price analysisTradingView: LEVER/USDT

Furthermore, it has gained 16.27% over the past seven days and 21.15% over the past 30 days, highlighting positive price action. Furthermore, it has a year-to-date (YTD) return of +135.19%, suggesting a bullish outlook for the altcoin during this year.

The technical indicator, MACD, shows a rising green histogram, indicating increased buying-selling pressure in the cryptocurrency sector. Furthermore, the averages show a significant increase in the 1D time frame, suggesting that the price will continue to gain value in the time to come.

If the market pushes the price above its important resistance level at $0.00425, the bulls will regain momentum and prepare to test its upper high of $0.00550. However, if a bearish reversal occurs, LEVERFI price will lose momentum and fall to test its lower support level of $0.00212.

MANTRA (OM):

Mantra price has shown a jump of over 20% in the last day, indicating an increase in buying pressure within the crypto space. Furthermore, the altcoin successfully took the top spot in the DeFi category, registering an increase of 1,225% since the beginning of the year.

OM price analysisOM price analysisTradingView: OM/USDT

The MACD shows a significant decline on the chart with its averages showing bullish convergence in the 1D time frame, highlighting a positive outlook for this altcoin in the near future.

If the bulls regain momentum, the OM price will prepare to retest its upper high of $1.05 this month. Furthermore, if the bulls keep the price at that level, it will continue to rise and test a new high this year. Negatively, a growing disinterest from investors could lead the price to touch the low of $0.625.

Theta Fuel (TFUEL):

Launched on March 15, 2019, Theta Fuel (TFUEL) is a Layer-1 blockchain and decentralized infrastructure for AI, video, and entertainment. It is a dual network composed of Theta Blockchain and Theta Edge Network.

TFUEL Price AnalysisTFUEL Price AnalysisTradingView: TFUEL/USDT

The TFUEL token has shown a steady increase in its valuation adding 25.01% in 30 days and 119.36% year-to-date, further highlighting a strong bullish influence for the altcoin in the crypto space.

On the other hand, the Relative Strength Index (RSI) shows a neutral trend on the chart, indicating weak buying and selling pressure for the altcoin in the market. However, the Cross 50-day EMA supports the price chart, highlighting mixed sentiment in the cryptocurrency sector.

If the bulls get the better of the bears, TFUEL price will race to test its $0.131 upper resistance level. Holding the price at that level will set the stage for testing its upper high of $0.175 in the coming months. Conversely, bearish price action could push the price towards the $0.070 low.

Nervous Network (CKB):

After showing a neutral trend for the first month, the price of CKB attracted the market’s attention, so much so that the altcoin recorded a high of $0.0379, with an increase of 1,163% in the following two months. However, the bulls lost momentum and the price has been showing bearish price action ever since.

CKB Price AnalysisCKB Price AnalysisTradingView: CKB/USDT

The Moving Average Convergence Divergence (MACD) shows a steady decline in the histogram, highlighting an increase in bullish sentiment in the cryptocurrency sector. On the other hand, the 50-day EMA acts as a resistance on the price chart, suggesting uncertainty in future price action.

If the market pushes the price above the $0.020 resistance level, the bulls will regain momentum and test the upper high of $0.325. Conversely, a bearish price sentiment could lead the price to hit a low of $0.01 in the coming period.

TokenFi (TOKEN)

With the aim of simplifying the process of tokenizing cryptocurrencies and assets, TokenFi made its official mainnet debut on March 28. This altcoin has seen significant fluctuations in its valuation since the beginning of the year, highlighting a steady increase in investor interest in this project.

TOKEN price analysisTOKEN price analysisTradingView: TOKEN/USDT

TOKEN price started the year with a value of $0.0325 and recorded a high of $0.246 in March, a 656.92% jump in valuation, following which the bulls lost momentum. However, the token has regained power, indicating positive prospects for the coming months.

The technical indicator, MACD, shows a steady decline in the red histogram, indicating an increase in buying pressure within the crypto space. Furthermore, the averages show a high possibility of bullish convergence, suggesting a positive outlook for the altcoin in the near future.

If the market pushes TokenFi price above the $0.129 resistance level, the bulls will regain momentum and prepare to test its upper high of $0.202 in the coming weeks. However, a bearish pullback could cause the altcoin to drop towards its crucial $0.055 support level.

Conclusion:

Decentralized tokens (DeFi) have shown a significant increase in buying and selling pressure within the cryptocurrency sector, indicating an increase in investor interest in it.

Furthermore, with the upcoming bull cycle, the DeFi category is expected to register a new all-time high (ATH), as this category plays an important role in the crypto space.

Note: This article is written for research purposes only and is not financial advice. The tokens were selected based on historical market sentiments and not for promotion. Make sure you do your research before investing in any digital asset.

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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Worldcoin Token Rises 12% After Ecuador Expands, Kenya Investigation Closes

TokenTalk Staff

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Worldcoin token surges 12% after Ecuador expansion and Kenya probe closure

Worldcoin’s WLD token jumped more than 12% to over $3 last day after the project scored significant wins in several jurisdictions.

Worldcoin is a personality-proof crypto project that he took on examination and controversy around the world since its launch thanks to the collection of facial data. These challenges have had a significant impact on the WLD token, which is down more than 70% from March’s all-time high of $11.

However, this week the project recorded crucial milestones for its operations, prompting a recovery in the asset’s value.

Kenya abandons Worldcoin probe

Worldcoin told CryptoSlate that Kenya has ceased its investigation into the project.

In an emailed statement, a Worldcoin spokesperson confirmed that Kenya’s Director of Criminal Investigations (DCI) has closed its investigation into the project’s alleged data collection violations. Thomas Scott, chief legal officer at Tools for Humanity, said:

“We are grateful for the DCI’s impartial investigation and the Director of Public Prosecutions’ determination to close the matter. This welcome result, however, does not represent the end but the beginning. We will continue to work with the Government of Kenya and others and hope to resume ID registration across the country soon.”

This news would be a welcome development for a recent project he agreed to stop its Spanish operations until the end of the year or until the Bavarian Data Protection Authority (BayLDA) makes a final decision regarding the investigation into the company’s data processing practices.

Expansion of Ecuador

Worldcoin on June 19th announced the imminent availability of its global identity verification spheres in six locations in the two Ecuadorian cities of Guayaquil and Quito.

The spheres will begin operating on June 26 in Guayaquil and June 27 in Quito. Starting June 24, Ecuadorians can locate the sphere sites via the Worldcoin website and app.

This expansion is in line with growing global support for humanity-proofing initiatives. According to Worldcoin, a staggering 92% of a recent online survey conducted in Ecuador showed that they support technology-based solutions to differentiate humans from robots online.

The same trend has been observed in other countries, such as Peru and Colombia, where respondents fear that robots could “lead to even greater levels of fraud and disinformation.”

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Sealana Token Is Claimed to Be the Next Meme Coin to Explode as Pre-Sale Ends in Just 5 Days – Branded Spotlight Bitcoin News

TokenTalk Staff

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Sealana Token Is Claimed to Be the Next Meme Coin to Explode as Pre-Sale Ends in Just 5 Days – Branded Spotlight Bitcoin News

https://news.google.com/./articles/CBMid2h0dHBzOi8vbmV3cy5iaXRjb2luLmNvbS9zZWFsYW5hLXRva2VuLWlzLWJlaW5nLWJhY2tlZC1hcy10aGUtbmV4dC1tZW1lLWNvaW4tdG8tZXhwbG9kZ S1hcy1wcmVzYWxlLWVuZHMtaW4tanVzdC01LWRheXMv0gEA?hl=en-US&gl=US&ceid=US%3Aen

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Mexican Cartels Using BTC, ETH, USDT, and Other Tokens to Buy Fentanyl Precursors: US Treasury

TokenTalk Staff

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Mexican Cartels Using BTC, ETH, USDT, and Other Tokens to Buy Fentanyl Precursors: US Treasury

The US Treasury Department’s Financial Crimes Branch has reported the growing use of several crypto assets to support Mexican drug trafficking

The US Treasury Department’s Financial Crimes Branch has reported the growing use of several crypto assets to support Mexican drug trafficking

The US Treasury Department’s Financial Crimes Branch has reported the growing use of several crypto assets to support Mexican drug trafficking

AccessTimeIconJune 20, 2024, 5:08 pm

Updated June 20, 2024, 10:04 pm

US authorities have warned of Mexican cartels using cryptocurrencies to buy precursors to make fentanyl. (Jesse Hamilton/CoinDesk)

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Bitcoin, Ethereum and Furrever tokens with cutting-edge 10% referral bonus.

TokenTalk Staff

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Bitcoin, Ethereum and Furrever tokens with cutting-edge 10% referral bonus.

New York City, NY, June 20, 2024 (GLOBE NEWSWIRE) —

Looking to the future of cryptocurrencies, Bitcoin remains strong as the market leader, while Ethereum continues to fascinate meme coin enthusiasts. Now, Furrever token is ready to join the fray. This article looks at what Furrever Token brings to the table alongside these giants.

Bitcoin price continues to fall as whale activity deepens

Bitcoin price fell below $65,000 on Wednesday, after expanded whale exercises that will be offered orders. Meanwhile, hedge funds have experienced a slowdown in the introduction of Bitcoin, which could be fueled by a steady surge in Bitcoin ETFs.

Ethereum ETFs may not cause the price of ETH to rise as many predict

The price of Ethereum (ETH) has risen more than 4% in the past 24 hours after the Securities & Exchange Commission (SEC) abandoned its examinations of Ethereum 2.0 amid the desire for spot ETH ETFs. In any case, subsequent ETH energy ETFs may not lead to the expected price increase.

The Furrever token stands out for its innovative 10% referral program.

The Furrever Token presale has so far raised over $1.3 million, with the project currently at level 9 and aiming for a total of $1.9 million.

Furrever Token offers delightful customer engagement focused on feline-themed symbolism and community-driven engagement. The untapped referral framework allows customers to earn 10% in $FURR tokens for every store created via their individual referral connection, making for a fabulous passive income opportunity. This framework does not incentivize users, but also cultivates the natural development of the community.

Backed by a comprehensive review by Securi Lab, Furrever Token ensures a secure and reliable stage for its customers. The project guide incorporates the progressive integration of feline-themed material and the energy of future shocks, situating it as an interesting and enjoyable speculation within the crypto space.

Don’t miss the opportunity to include Furrever Token in your venture portfolio and get ready to rule the meme coin industry. Visit www.furrevertoken.com to secure your tokens and be part of this crypto space.

Join the Furrever token presale now:

Official website of the Furrever token

Visit the Furrever token presale

Join the official Telegram group

Follow the official X account

Media contact:
Roberto Smith
https://furrevertoken.com/
support@furrevertoken.com

Disclaimer: The information provided in this press release does not constitute a solicitation for investment, nor is it intended as investment advice, financial advice or business advice. We strongly recommend that you practice due diligence, including consulting with a professional financial advisor, before investing in or trading cryptocurrencies and securities.

CONTACT: Robert Smith

support at furrevertoken.com




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