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Solana Set For “A Major 53% Price Move,” Analyst Reveals Why
An analyst has explained how Solana could be setting up for a major 53% move based on a Symmetrical Triangle pattern forming in its price chart.
Solana Has Been Travelling Inside A Symmetrical Triangle Recently
In a new post on X, analyst Ali Martinez discussed a pattern that has recently taken shape in Solana’s daily price chart. The technical analysis (TA) pattern in question is a “Symmetrical Triangle,” which, as its name implies, looks like a triangle.
The triangular shape comprises two converging trendlines, with the upper line joining successive lower highs and the lower one connecting higher lows. A key feature of this pattern is that these lines approach each other at roughly the same slope (hence the “symmetrical” in the title).
Related Reading
Like other TA patterns, when the asset price consolidates in the region bounded by these trendlines, resistance will probably be at the upper level and support at the lower one.
A break out of either of these lines can suggest a continuation of the trend in that direction. Naturally, a break above the triangle could be a bullish signal, while a decline under the pattern could lead to a bearish outcome.
Similar to the Symmetrical Triangle, there are other triangle patterns in TA. A couple of popular ones include the Ascending and Descending Triangles. These patterns differ from the Symmetrical Triangle in that one of their trendlines is parallel to the time axis.
Now, here is the chart shared by the analyst that shows the Symmetrical Triangle that the 1-day price of Solana has been trading inside over the last few months:
Looks like the price of the coin has been approaching the lower line in recent days | Source: @ali_charts on X
As the above graph shows, Solana has been closing in at the tip of this Symmetrical Triangle pattern recently. As consolidation becomes tighter, a break out of the pattern naturally becomes more probable.
As mentioned earlier, which of the two lines the breakout happens from sets the direction the potential price move would go. “Keep an eye on the $143 support and $178 resistance levels to gauge the direction of the SOL trend,” notes Ali.
Related Reading
From the chart, it’s apparent that Solana is currently floating near the bottom line, so a retest could be coming up soon. If bullish momentum has to return for the coin, this retest must be successful.
Moves resulting from a breakout of a Symmetrical Triangle may be the same length as the triangle’s height. In the case of this Solana Symmetrical Triangle, the height represents a price swing of 53%, so Ali believes that a breakout would also set the coin up for a move of a similar scale.
SOL Price
Solana hasn’t had the best times during the last few weeks, as its price is now down to $149. It remains to be seen whether a potential upcoming retest of the Symmetrical Triangle support would change the coin’s fate.
The price of the coin appears to have been going down over the last few days | Source: SOLUSD on TradingView
Featured image from Shutterstock.com, charts from TradingView.com
Source: NewsBTC.com
The post Solana Set For “A Major 53% Price Move,” Analyst Reveals Why appeared first on Crypto Breaking News.
Solana Has Been Travelling Inside A Symmetrical Triangle Recently
In a new post on X, analyst Ali Martinez discussed a pattern that has recently taken shape in Solana’s daily price chart. The technical analysis (TA) pattern in question is a “Symmetrical Triangle,” which, as its name implies, looks like a triangle.
The triangular shape comprises two converging trendlines, with the upper line joining successive lower highs and the lower one connecting higher lows. A key feature of this pattern is that these lines approach each other at roughly the same slope (hence the “symmetrical” in the title).
Related Reading
Like other TA patterns, when the asset price consolidates in the region bounded by these trendlines, resistance will probably be at the upper level and support at the lower one.
A break out of either of these lines can suggest a continuation of the trend in that direction. Naturally, a break above the triangle could be a bullish signal, while a decline under the pattern could lead to a bearish outcome.
Similar to the Symmetrical Triangle, there are other triangle patterns in TA. A couple of popular ones include the Ascending and Descending Triangles. These patterns differ from the Symmetrical Triangle in that one of their trendlines is parallel to the time axis.
Now, here is the chart shared by the analyst that shows the Symmetrical Triangle that the 1-day price of Solana has been trading inside over the last few months:
Looks like the price of the coin has been approaching the lower line in recent days | Source: @ali_charts on X
As the above graph shows, Solana has been closing in at the tip of this Symmetrical Triangle pattern recently. As consolidation becomes tighter, a break out of the pattern naturally becomes more probable.
As mentioned earlier, which of the two lines the breakout happens from sets the direction the potential price move would go. “Keep an eye on the $143 support and $178 resistance levels to gauge the direction of the SOL trend,” notes Ali.
Related Reading
From the chart, it’s apparent that Solana is currently floating near the bottom line, so a retest could be coming up soon. If bullish momentum has to return for the coin, this retest must be successful.
Moves resulting from a breakout of a Symmetrical Triangle may be the same length as the triangle’s height. In the case of this Solana Symmetrical Triangle, the height represents a price swing of 53%, so Ali believes that a breakout would also set the coin up for a move of a similar scale.
SOL Price
Solana hasn’t had the best times during the last few weeks, as its price is now down to $149. It remains to be seen whether a potential upcoming retest of the Symmetrical Triangle support would change the coin’s fate.
The price of the coin appears to have been going down over the last few days | Source: SOLUSD on TradingView
Featured image from Shutterstock.com, charts from TradingView.com
Source: NewsBTC.com
The post Solana Set For “A Major 53% Price Move,” Analyst Reveals Why appeared first on Crypto Breaking News.
Solana Price Prediction: SOL Plummets 12% In A Week As Investors Flock To This New Solana Meme Co...
The Solana price has dipped by 12% in the past seven days despite a 2% rise in the past 24 hours to trade at $152.35 as of 01:02 a.m. EST.
This is in line with broader market trend as altcoins take their cues from the Bitcoin price. The pioneer cryptocurrency is up a fraction with bullish tailwinds coming from the US Consumer Price Index (CPI) data on Wednesday.
The CPI came in at 3.3%, which was lower than the expected 3.4% year-on-year, and therefore bullish for the Bitcoin price. In the immediate aftermath, small caps and BTC instantly moved higher. The BTC price has since dropped but altcoins continue to defend the gains made.
🚨 US CPI is 3.3%, lower than expected. 🚀 pic.twitter.com/FyLpyymf6v
— Thomas | heyapollo.com (@thomas_fahrer) June 12, 2024
Solana Price Prediction
The Solana price is attempting a recovery, barely holding above the support provided by the 61.8% Fibonacci retracement level of $153.18. However, technical indicators show that the market favors the downside and the SOL price could extend the fall.
Looking at the Relative Strength Index (RSI), this momentum indicator has progressively recorded lower highs since June 5. Its position below the mean threshold of 50 accentuates the bearish outlook, solidified by the Moving Average Convergence Divergence (MACD), which is not only in negative territory but also below the signal line.
A decisive candlestick close below the 61.8% Fibonacci retracement level of $153.18 on the one-day timeframe would invigorate seller momentum. Increased selling pressure, enough to plunge the Solana price below the 78.6% Fibonacci retracement level of $138.12 would solidify the downtrend.
In a dire case, the load-shedding exercise could extend the slump to the bottom of the market range at $118.93. Such a move would constitute a fall of nearly 20% below current levels.
GeckoTerminal: SOL/USD 1-day chart
On the flip side, if the critical level of $153.18, earmarked by the 61.8% Fibonacci retracement level, holds as support, the Solana price could pivot around it for recovery. If this happens, SOL would only become attractive for buying above the 38.2% Fibonacci retracement level of $174.35.
Meanwhile, renowned YouTuber Crypto Mischief, with 28K subscribers, sees the new Solana meme coin Sealana (SEAL) as the potential next Dogwifhat (WIF), the fourth-ranked meme coin with a market cap of $2.5 billion.
Promising Alternative To Solana
SEAL, which powers the Sealana ecosystem, is a new player among Solana-based meme coins, distinguishing itself by a lighthearted narrative centered on a seal trader.
Sealana is a charming, chubby seal character who has dived deep into the ”Solana Sea.” He was once sleek and agile but has since adopted a sedentary trader’s lifestyle, and has grown fat on a diet of canned tuna and chips.
The novel concept has fueled a stellar launch that’s surpassed $4 million in funds raised.
Seems like @thenotoriousMMA didn’t like #Sealana asking why he was drinking whiskey at the #Roadhouse rather than fighting in the octagon…🥊 If only he knew before raising his fists that Sealana was a 300lbs ex army $SEAL…🪖🦭
It's not going to be a fair fight but no one will… pic.twitter.com/L1TqztPiAX
— Sealana (@Sealana_Token) June 10, 2024
Jacob Bury, a crypto analyst on YouTube, says that SEAL has the potential to surge 10X after launch.
With SEAL set to list on June 25, time is running out to buy its tokens, which will be airdropped to investors after the presale ends.
Buy Sealana here on the official website for $0.022 per token.
Also Read:
How to Buy Sealana – SEAL Presale Review
Solana’s SEALANA ($SEAL) Is Bringing Back Meme Coin Greatness, Raises $300,000 In Opening Week
Top 3 Presale Crypto Gems to Invest in Before May Ends – Dogeverse, Sealana, and 5th Scape
Is Sealana the Next Big Solana-Based Meme Coin? – TodayTrader Presale Review
Next Crypto to Explode: Unveiling the Potential Market Shaker of 2024
This is in line with broader market trend as altcoins take their cues from the Bitcoin price. The pioneer cryptocurrency is up a fraction with bullish tailwinds coming from the US Consumer Price Index (CPI) data on Wednesday.
The CPI came in at 3.3%, which was lower than the expected 3.4% year-on-year, and therefore bullish for the Bitcoin price. In the immediate aftermath, small caps and BTC instantly moved higher. The BTC price has since dropped but altcoins continue to defend the gains made.
🚨 US CPI is 3.3%, lower than expected. 🚀 pic.twitter.com/FyLpyymf6v
— Thomas | heyapollo.com (@thomas_fahrer) June 12, 2024
Solana Price Prediction
The Solana price is attempting a recovery, barely holding above the support provided by the 61.8% Fibonacci retracement level of $153.18. However, technical indicators show that the market favors the downside and the SOL price could extend the fall.
Looking at the Relative Strength Index (RSI), this momentum indicator has progressively recorded lower highs since June 5. Its position below the mean threshold of 50 accentuates the bearish outlook, solidified by the Moving Average Convergence Divergence (MACD), which is not only in negative territory but also below the signal line.
A decisive candlestick close below the 61.8% Fibonacci retracement level of $153.18 on the one-day timeframe would invigorate seller momentum. Increased selling pressure, enough to plunge the Solana price below the 78.6% Fibonacci retracement level of $138.12 would solidify the downtrend.
In a dire case, the load-shedding exercise could extend the slump to the bottom of the market range at $118.93. Such a move would constitute a fall of nearly 20% below current levels.
GeckoTerminal: SOL/USD 1-day chart
On the flip side, if the critical level of $153.18, earmarked by the 61.8% Fibonacci retracement level, holds as support, the Solana price could pivot around it for recovery. If this happens, SOL would only become attractive for buying above the 38.2% Fibonacci retracement level of $174.35.
Meanwhile, renowned YouTuber Crypto Mischief, with 28K subscribers, sees the new Solana meme coin Sealana (SEAL) as the potential next Dogwifhat (WIF), the fourth-ranked meme coin with a market cap of $2.5 billion.
Promising Alternative To Solana
SEAL, which powers the Sealana ecosystem, is a new player among Solana-based meme coins, distinguishing itself by a lighthearted narrative centered on a seal trader.
Sealana is a charming, chubby seal character who has dived deep into the ”Solana Sea.” He was once sleek and agile but has since adopted a sedentary trader’s lifestyle, and has grown fat on a diet of canned tuna and chips.
The novel concept has fueled a stellar launch that’s surpassed $4 million in funds raised.
Seems like @thenotoriousMMA didn’t like #Sealana asking why he was drinking whiskey at the #Roadhouse rather than fighting in the octagon…🥊 If only he knew before raising his fists that Sealana was a 300lbs ex army $SEAL…🪖🦭
It's not going to be a fair fight but no one will… pic.twitter.com/L1TqztPiAX
— Sealana (@Sealana_Token) June 10, 2024
Jacob Bury, a crypto analyst on YouTube, says that SEAL has the potential to surge 10X after launch.
With SEAL set to list on June 25, time is running out to buy its tokens, which will be airdropped to investors after the presale ends.
Buy Sealana here on the official website for $0.022 per token.
Also Read:
How to Buy Sealana – SEAL Presale Review
Solana’s SEALANA ($SEAL) Is Bringing Back Meme Coin Greatness, Raises $300,000 In Opening Week
Top 3 Presale Crypto Gems to Invest in Before May Ends – Dogeverse, Sealana, and 5th Scape
Is Sealana the Next Big Solana-Based Meme Coin? – TodayTrader Presale Review
Next Crypto to Explode: Unveiling the Potential Market Shaker of 2024
Solana Faces Bearish Pressure Despite Bullish On-Chain Metrics: What’s Next for SOL’s Price?
The post Solana Faces Bearish Pressure Despite Bullish On-Chain Metrics: What’s Next for SOL’s Price? appeared first on Coinpedia Fintech News
In recent weeks, Solana (SOL) has gained considerable attention as its price faces extreme volatility due to the recent CPI news. This follows Bitcoin’s recent challenge in maintaining a clear trend above the psychological threshold of $70K. Amid a bearish pressure, Solana has experienced shifts in key on-chain metrics, suggesting the potential for a significant rebound in the coming hours.
SOL’s New Addresses Surged By 7%
Currently, the market sees a struggle between buyers and sellers trying to set a clear price trend for Solana (SOL). Currently, sellers are in control as the SOL price declines steeply below the $150 mark. This has triggered a massive surge in long-liquidation among buyers.
According to recent data from Coinglass, Solana has seen total liquidations reaching nearly $8.3 million. Buyers have experienced about $7.5 million in liquidations, while sellers have faced around $821K.
IntoTheBlock data indicates that Solana observed a noteworthy surge in new addresses within the last three days. The numbers depict a significant uptick, rising from 993,000 to a fresh peak of 1.06 million, recording around 7% gain.
The massive surge in interest in the Solana network has led to an increase in trading volume, further strengthening the momentum. According to DappRadar data, there has been a 62% surge in transaction volume on the Solana chain within the past 24 hours, with over 8.84 million transactions executed during this timeframe.
Interestingly, Solana is doing exceptionally well in terms of processing transactions compared to other blockchain networks. In the past week, Solana has processed more transactions than any other blockchain, totaling over 59.55 million.
The growing popularity of SOL can be attributed, in part, to the meme coin ecosystem flourishing on the network. Traders are flocking to Solana to capitalize on meme coins, which have been the most profitable crypto assets in this recent period of market growth.
What’s Next For SOL Price?
Solana dipped below the 50-day SMA ($160), strengthening the ongoing bearish momentum. Bears are currently dominating the price chart as the SOL price triggers intense bearish momentum below the $150 mark. As of writing, SOL price trades at $148, declining over 5.4% in the last 24 hours.
SOL price is currently heading toward testing buyers’ patience at the $140 level. Bulls are expected to push the price above that support line. A successful rebound would indicate the end of the recent corrective phase. The SOL/USDT pair could target $176 initially, with potential further gains towards the overhead resistance at $192.
However, a bearish scenario would unfold if the price fails to climb above the 20-day EMA ($169) or defend the $140 support line. This could pave the way for a decline towards $120.
As the RSI trend line is falling steeply toward the oversold region of 39, sellers are gaining increased confidence to defend any immediate surges on the price chart.
In recent weeks, Solana (SOL) has gained considerable attention as its price faces extreme volatility due to the recent CPI news. This follows Bitcoin’s recent challenge in maintaining a clear trend above the psychological threshold of $70K. Amid a bearish pressure, Solana has experienced shifts in key on-chain metrics, suggesting the potential for a significant rebound in the coming hours.
SOL’s New Addresses Surged By 7%
Currently, the market sees a struggle between buyers and sellers trying to set a clear price trend for Solana (SOL). Currently, sellers are in control as the SOL price declines steeply below the $150 mark. This has triggered a massive surge in long-liquidation among buyers.
According to recent data from Coinglass, Solana has seen total liquidations reaching nearly $8.3 million. Buyers have experienced about $7.5 million in liquidations, while sellers have faced around $821K.
IntoTheBlock data indicates that Solana observed a noteworthy surge in new addresses within the last three days. The numbers depict a significant uptick, rising from 993,000 to a fresh peak of 1.06 million, recording around 7% gain.
The massive surge in interest in the Solana network has led to an increase in trading volume, further strengthening the momentum. According to DappRadar data, there has been a 62% surge in transaction volume on the Solana chain within the past 24 hours, with over 8.84 million transactions executed during this timeframe.
Interestingly, Solana is doing exceptionally well in terms of processing transactions compared to other blockchain networks. In the past week, Solana has processed more transactions than any other blockchain, totaling over 59.55 million.
The growing popularity of SOL can be attributed, in part, to the meme coin ecosystem flourishing on the network. Traders are flocking to Solana to capitalize on meme coins, which have been the most profitable crypto assets in this recent period of market growth.
What’s Next For SOL Price?
Solana dipped below the 50-day SMA ($160), strengthening the ongoing bearish momentum. Bears are currently dominating the price chart as the SOL price triggers intense bearish momentum below the $150 mark. As of writing, SOL price trades at $148, declining over 5.4% in the last 24 hours.
SOL price is currently heading toward testing buyers’ patience at the $140 level. Bulls are expected to push the price above that support line. A successful rebound would indicate the end of the recent corrective phase. The SOL/USDT pair could target $176 initially, with potential further gains towards the overhead resistance at $192.
However, a bearish scenario would unfold if the price fails to climb above the 20-day EMA ($169) or defend the $140 support line. This could pave the way for a decline towards $120.
As the RSI trend line is falling steeply toward the oversold region of 39, sellers are gaining increased confidence to defend any immediate surges on the price chart.
🚀 $SOL Surges to New Heights!** 🚀
This is what $SOL is planning to do
If you are a professional, use this information to your advantage
#Solana has made a remarkable leap, trading at $152.10 today! With a 2.25% increase in the last 24 hours, SOL continues to attract attention. Initially priced at just $0.04, $SOL has surged over 380,000%, marking an extraordinary return on investment. This latest rally positions Solana as a major contender in the crypto market, with impressive speed and scalability that rivals Ethere .
This is what $SOL is planning to do
If you are a professional, use this information to your advantage
#Solana has made a remarkable leap, trading at $152.10 today! With a 2.25% increase in the last 24 hours, SOL continues to attract attention. Initially priced at just $0.04, $SOL has surged over 380,000%, marking an extraordinary return on investment. This latest rally positions Solana as a major contender in the crypto market, with impressive speed and scalability that rivals Ethere .
Solana (SOL) Price Prediction for June 13
Some coins are bouncing back, however, others keep trading in the red zone, according to CoinMarketCap.
Top coins by CoinMarketCapSOL/USD
The rate of Solana (SOL) has dropped by 1.30% over the last 24 hours.
Image by TradingView
The price of SOL keeps looking bearish on the hourly chart. If the decline continues, there is a good chance of seeing a support breakout, followed by a dump to the $148-$149 zone.
Image by TradingView
Bulls have failed to keep yesterday's rise. If the daily candle closes near $145, one can expect a test of the $140 area. Such a scenario is relevant until the end of the week.
Image by TradingView
From the midterm point of view, there are no reversal signals yet. Currently, traders should pay attention to the $140 zone.
card
If the weekly bar closes below it, the correction may lead to the test of the $120-$130 area until the end of the month.
SOL is trading at $149.30 at press time.
Top coins by CoinMarketCapSOL/USD
The rate of Solana (SOL) has dropped by 1.30% over the last 24 hours.
Image by TradingView
The price of SOL keeps looking bearish on the hourly chart. If the decline continues, there is a good chance of seeing a support breakout, followed by a dump to the $148-$149 zone.
Image by TradingView
Bulls have failed to keep yesterday's rise. If the daily candle closes near $145, one can expect a test of the $140 area. Such a scenario is relevant until the end of the week.
Image by TradingView
From the midterm point of view, there are no reversal signals yet. Currently, traders should pay attention to the $140 zone.
card
If the weekly bar closes below it, the correction may lead to the test of the $120-$130 area until the end of the month.
SOL is trading at $149.30 at press time.
Top Crypto Performers Q2 2024: Insights on BlockDAG’s Phenomenal Growth, Solana’s Market Recovery...
With Toncoin (TON) hitting previously unheard-of prices and Solana (SOL) exhibiting signs of revival, the cryptocurrency market is undergoing extraordinary dynamics. Solana is experiencing a positive trend driven by bullish market patterns, while Toncoin is leveraging strategic alliances to climb higher.
Among these, BlockDAG distinguishes itself with its innovative low-code/no-code platform and an aggressive growth strategy. A recent highlight was a presentation from the lunar surface, coupled with a highly successful presale event, solidifying BlockDAG’s position as a key innovator in blockchain technology aimed at making decentralised applications more accessible.
Is a Major Uptick Looming for Solana?
Solana’s recent trading activity indicates a potential for significant price growth, marked by a substantial uptick in its market price. This is partly due to its diminishing correlation with Bitcoin (BTC), which typically signals upcoming positive price movements for SOL. In the last two weeks, there has been a $700 million increase in Solana’s Open Interest, suggesting a rise in investor confidence despite previous market downturns.
From a technical standpoint, Solana is currently forming an ascending triangle pattern, which could lead to a 25% increase in price upon surpassing major resistance levels. Solana’s Relative Strength Index (RSI) remains in the bullish zone, underpinning a favourable market outlook.
Nevertheless, Solana faces critical resistance between $157 and $160. Failure to break through this barrier could trigger a price reversal. Thus, maintaining momentum and breaking through these resistances is crucial for Solana’s sustained upward movement.
Driving Forces Behind Toncoin’s Price Surge
Toncoin has recently achieved a new peak price of $7.08, driven by pivotal partnerships and increasing interest in the market. The surge is partially credited to strategic collaborations with entities like DWF Labs and Fireblocks, aimed at bolstering the infrastructure of its ecosystem. Additionally, an announcement from Telegram about channelling ad revenues through Toncoin and upcoming IPO plans has greatly encouraged investor sentiment.
Technical indicators show Toncoin within an ascending channel, signalling the potential for continued price appreciation. The RSI staying within the positive range supports the likelihood of further gains, potentially reaching the $10 mark if it breaks past the $7.50 resistance. Conversely, a significant drop below support levels could see prices retreating to around $4.28.
BlockDAG Keynote 2: Lunar Presentation and Lucrative Presale
BlockDAG, an innovative layer-1 blockchain initiative, has made headlines with its ambitious goals and significant breakthroughs. Notably, its latest presentation delivered from the moon has contributed to a staggering 1120% increase in its BDAG token price, with the presale garnering $49.5 million, marking it as a breakthrough candidate for 2024.
At the core of BlockDAG’s appeal is its user-friendly low-code/no-code environment, which enables even non-technical users to create various types of tokens and NFTs easily. This approach democratises blockchain development and accelerates the launch timeline for new projects, thereby cultivating a thriving decentralised application landscape.
The recent event also showcased the upcoming X1 Mobile Mining App, highlighted 45 new developmental milestones, and outlined a robust global marketing strategy. BlockDAG’s infrastructure is further enhanced by an advanced DAG-based PoW consensus mechanism, which promotes high transaction throughput and quick confirmations, boosting network security and scalability.
A Transformative Period for Cryptocurrencies
The technological developments of Solana and the business alliances of Toncoin are significant as the cryptocurrency market changes. However, BlockDAG’s revolutionary approach to blockchain technology through its user-friendly platform, strategic developments, and significant presale achievements truly sets it apart.
The lunar keynote and the successful presale underscore its potential to democratise blockchain development and invigorate the decentralised application space. As the market progresses, BlockDAG’s unique positioning and accomplishments could make it a major contender, attracting both large investors and industry attention.
Join BlockDAG Presale Now:
Website | Presale | Telegram | Discord |
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post Top Crypto Performers Q2 2024: Insights on BlockDAG’s Phenomenal Growth, Solana’s Market Recovery, & Toncoin’s Rally appeared first on CaptainAltcoin.
Among these, BlockDAG distinguishes itself with its innovative low-code/no-code platform and an aggressive growth strategy. A recent highlight was a presentation from the lunar surface, coupled with a highly successful presale event, solidifying BlockDAG’s position as a key innovator in blockchain technology aimed at making decentralised applications more accessible.
Is a Major Uptick Looming for Solana?
Solana’s recent trading activity indicates a potential for significant price growth, marked by a substantial uptick in its market price. This is partly due to its diminishing correlation with Bitcoin (BTC), which typically signals upcoming positive price movements for SOL. In the last two weeks, there has been a $700 million increase in Solana’s Open Interest, suggesting a rise in investor confidence despite previous market downturns.
From a technical standpoint, Solana is currently forming an ascending triangle pattern, which could lead to a 25% increase in price upon surpassing major resistance levels. Solana’s Relative Strength Index (RSI) remains in the bullish zone, underpinning a favourable market outlook.
Nevertheless, Solana faces critical resistance between $157 and $160. Failure to break through this barrier could trigger a price reversal. Thus, maintaining momentum and breaking through these resistances is crucial for Solana’s sustained upward movement.
Driving Forces Behind Toncoin’s Price Surge
Toncoin has recently achieved a new peak price of $7.08, driven by pivotal partnerships and increasing interest in the market. The surge is partially credited to strategic collaborations with entities like DWF Labs and Fireblocks, aimed at bolstering the infrastructure of its ecosystem. Additionally, an announcement from Telegram about channelling ad revenues through Toncoin and upcoming IPO plans has greatly encouraged investor sentiment.
Technical indicators show Toncoin within an ascending channel, signalling the potential for continued price appreciation. The RSI staying within the positive range supports the likelihood of further gains, potentially reaching the $10 mark if it breaks past the $7.50 resistance. Conversely, a significant drop below support levels could see prices retreating to around $4.28.
BlockDAG Keynote 2: Lunar Presentation and Lucrative Presale
BlockDAG, an innovative layer-1 blockchain initiative, has made headlines with its ambitious goals and significant breakthroughs. Notably, its latest presentation delivered from the moon has contributed to a staggering 1120% increase in its BDAG token price, with the presale garnering $49.5 million, marking it as a breakthrough candidate for 2024.
At the core of BlockDAG’s appeal is its user-friendly low-code/no-code environment, which enables even non-technical users to create various types of tokens and NFTs easily. This approach democratises blockchain development and accelerates the launch timeline for new projects, thereby cultivating a thriving decentralised application landscape.
The recent event also showcased the upcoming X1 Mobile Mining App, highlighted 45 new developmental milestones, and outlined a robust global marketing strategy. BlockDAG’s infrastructure is further enhanced by an advanced DAG-based PoW consensus mechanism, which promotes high transaction throughput and quick confirmations, boosting network security and scalability.
A Transformative Period for Cryptocurrencies
The technological developments of Solana and the business alliances of Toncoin are significant as the cryptocurrency market changes. However, BlockDAG’s revolutionary approach to blockchain technology through its user-friendly platform, strategic developments, and significant presale achievements truly sets it apart.
The lunar keynote and the successful presale underscore its potential to democratise blockchain development and invigorate the decentralised application space. As the market progresses, BlockDAG’s unique positioning and accomplishments could make it a major contender, attracting both large investors and industry attention.
Join BlockDAG Presale Now:
Website | Presale | Telegram | Discord |
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post Top Crypto Performers Q2 2024: Insights on BlockDAG’s Phenomenal Growth, Solana’s Market Recovery, & Toncoin’s Rally appeared first on CaptainAltcoin.
Solana On-Chain Indicators Suggests A Return Of Bullish Sentiment, Is It Time To Buy SOL?
Certain on-chain indicators paint a bullish picture for Solana (SOL), suggesting this may be an excellent time to purchase the crypto token. This aligns with Solana’s price movement on the chart, with technical analysts predicting that an upward trend might be on the horizon.
Solana Enjoying Greater Adoption
Data from the market Intelligence platform IntoTheBlock shows that the number of daily addresses on the Solana network has been growing at an impressive rate. On June 11, over 1 million new addresses transacted on the Solana network. This development is significant as SOL could enjoy future price surges as more new users continue to trade on the network.
Related Reading
The massive growth enjoyed by the Solana network has also translated to greater trading volume on the network, which is also bullish for the crypto token. Data from DappRadar shows that there has been a 62% increase in transaction volume on the Solana chain in the last 24 hours, with over 8.83 million transactions processed during this period.
Interstingly, Solana stands tall in this metric, as no other chain has processed this many transactions during this period. Solana has also processed more transactions than every other chain in the last seven days, with over 59.55 million transactions processed within this timeframe.
The growing interest in SOL has been partly thanks to the meme coin ecosystem on the network. Solana has become the go-to platform for traders looking to make massive profits from meme coins, which have so far been the best-performing crypto assets in this bull run.
Solana’s reputation as the home for meme coins has even attracted celebrities like Australian rapper Iggy Azalea, Caitlyn Jenner, and Andrew Tate to the network. Bearing this in mind, it only seems like a matter of time before Solana’s price reacts positively to its network growth and ever-increasing network activity.
Time To Buy SOL?
Crypto analyst Altcoin Sherpa suggested that now might be a good time to buy Solana ahead of the meteoric price rally, which it could enjoy soon enough. The analyst said he expects “bigger things” for SOL later this year. For now, he expects Solana to keep chopping between $185 and $120 and just continue to witness a “prolonged period of consolidation.”
Related Reading
Source: X
This period of consolidation is usually a good time for investors to accumulate the crypto token, considering that coins typically enjoy a parabolic uptrend after consolidating for a while. Meanwhile, Altcoin Sherpa claimed that this period of consolidation is healthy for Solana, given the huge run it has already had, rising to a yearly high of $209 on March 18. As to how Solana can rise, Altcoin Sherpa previously predicted that the crypto token will rise above $500 this year.
SOL drops with market | Source: SOLUSDT on Tradingview.com
Source: NewsBTC.com
The post Solana On-Chain Indicators Suggests A Return Of Bullish Sentiment, Is It Time To Buy SOL? appeared first on Crypto Breaking News.
Solana Enjoying Greater Adoption
Data from the market Intelligence platform IntoTheBlock shows that the number of daily addresses on the Solana network has been growing at an impressive rate. On June 11, over 1 million new addresses transacted on the Solana network. This development is significant as SOL could enjoy future price surges as more new users continue to trade on the network.
Related Reading
The massive growth enjoyed by the Solana network has also translated to greater trading volume on the network, which is also bullish for the crypto token. Data from DappRadar shows that there has been a 62% increase in transaction volume on the Solana chain in the last 24 hours, with over 8.83 million transactions processed during this period.
Interstingly, Solana stands tall in this metric, as no other chain has processed this many transactions during this period. Solana has also processed more transactions than every other chain in the last seven days, with over 59.55 million transactions processed within this timeframe.
The growing interest in SOL has been partly thanks to the meme coin ecosystem on the network. Solana has become the go-to platform for traders looking to make massive profits from meme coins, which have so far been the best-performing crypto assets in this bull run.
Solana’s reputation as the home for meme coins has even attracted celebrities like Australian rapper Iggy Azalea, Caitlyn Jenner, and Andrew Tate to the network. Bearing this in mind, it only seems like a matter of time before Solana’s price reacts positively to its network growth and ever-increasing network activity.
Time To Buy SOL?
Crypto analyst Altcoin Sherpa suggested that now might be a good time to buy Solana ahead of the meteoric price rally, which it could enjoy soon enough. The analyst said he expects “bigger things” for SOL later this year. For now, he expects Solana to keep chopping between $185 and $120 and just continue to witness a “prolonged period of consolidation.”
Related Reading
Source: X
This period of consolidation is usually a good time for investors to accumulate the crypto token, considering that coins typically enjoy a parabolic uptrend after consolidating for a while. Meanwhile, Altcoin Sherpa claimed that this period of consolidation is healthy for Solana, given the huge run it has already had, rising to a yearly high of $209 on March 18. As to how Solana can rise, Altcoin Sherpa previously predicted that the crypto token will rise above $500 this year.
SOL drops with market | Source: SOLUSDT on Tradingview.com
Source: NewsBTC.com
The post Solana On-Chain Indicators Suggests A Return Of Bullish Sentiment, Is It Time To Buy SOL? appeared first on Crypto Breaking News.
Jupiter Founder Discusses Ethereum's Core Issues and Solana's Potential Challenges
According to BlockBeats, Jupiter's founder, Meow, expressed concerns over Ethereum's core issues in a social media post on June 13. He pointed out that the main problem Ethereum currently faces is the significant capital and incentives leaning towards creating L2/3/4 solutions, with almost no incentives for creating large-scale utility and value on any given core network.
This means that despite everyone's strong expression of the opposite desire, the division of the Ethereum community and capital will continue unabated in the foreseeable future. If the competition for block space exceeds today's level, whether Solana will face the same problem will be an interesting observation point.
The infrastructure construction for SVM application chains and L2 solutions is following the exact same trajectory as the early Ethereum L2 solutions. The core difference is that there is still more Alpha to be built directly on Solana itself compared to launching a new chain. Maintaining this dynamic will be the most important factor in determining the development of the situation.
This means that despite everyone's strong expression of the opposite desire, the division of the Ethereum community and capital will continue unabated in the foreseeable future. If the competition for block space exceeds today's level, whether Solana will face the same problem will be an interesting observation point.
The infrastructure construction for SVM application chains and L2 solutions is following the exact same trajectory as the early Ethereum L2 solutions. The core difference is that there is still more Alpha to be built directly on Solana itself compared to launching a new chain. Maintaining this dynamic will be the most important factor in determining the development of the situation.
💥 Solana (SOL) Price Struggles to Break $155 Resistance Amid Volatility
Solana’s (SOL) price recorded a minimal increase in the past 24 hours with a spike in daily trading volume.Traders’ attention over SOL rose as the Solana-based celebrity memecoin frenzy revived in recent days.
Bitcoin and Ethereum have shown brief upsurges in price, fueled by the US CPI data release. Other altcoins have begun to show recovery after the past week’s price dip. Solana (SOL), has shown a daily increase in its price after its recent weekly dip.
Notably, the token’s market price increased by 0.35% in the past 24 hours. At the time of writing, SOL is trading at $152.10 with an increase of 11.01% in daily trading volume according to CMC data. Additionally, the token has shown increased market price volatility in the past week.
However, Solana’s market price is exhibiting struggles to break resistance at the $155 level over the past month. In the past week, the crypto asset’s price experienced a dip as the weekly decline stands at 11.82%. On Wednesday, it witnessed a brief bearish trend reaching a weekly low of $145.82. The bearish trend was taken over by a price recovery in the latter half of Wednesday.
Furthermore, Solana whales have shown modest movements in the past few days. On June 12, two significant whale movements were observed. It involved transactions of a total of 2 million SOL approximately between two pairs of different unknown wallets.
🔸 Is Solana Heading Toward a Price Recovery?
Zooming out over the month, Solana’s market price has increased by 2.86%, according to TradingView data. In the duration of the past 30 days, the token has broken resistance levels at $145 and $150 reaching its current trading price. During the middle of May, SOL’s market price stood around the range of $141.
The token’s moving average (21MA) stands at $164.15. With its current trading price ranking below the MA, the chart indicates SOL’s price to be bearish.
$SOL #SOL #Solana
Solana’s (SOL) price recorded a minimal increase in the past 24 hours with a spike in daily trading volume.Traders’ attention over SOL rose as the Solana-based celebrity memecoin frenzy revived in recent days.
Bitcoin and Ethereum have shown brief upsurges in price, fueled by the US CPI data release. Other altcoins have begun to show recovery after the past week’s price dip. Solana (SOL), has shown a daily increase in its price after its recent weekly dip.
Notably, the token’s market price increased by 0.35% in the past 24 hours. At the time of writing, SOL is trading at $152.10 with an increase of 11.01% in daily trading volume according to CMC data. Additionally, the token has shown increased market price volatility in the past week.
However, Solana’s market price is exhibiting struggles to break resistance at the $155 level over the past month. In the past week, the crypto asset’s price experienced a dip as the weekly decline stands at 11.82%. On Wednesday, it witnessed a brief bearish trend reaching a weekly low of $145.82. The bearish trend was taken over by a price recovery in the latter half of Wednesday.
Furthermore, Solana whales have shown modest movements in the past few days. On June 12, two significant whale movements were observed. It involved transactions of a total of 2 million SOL approximately between two pairs of different unknown wallets.
🔸 Is Solana Heading Toward a Price Recovery?
Zooming out over the month, Solana’s market price has increased by 2.86%, according to TradingView data. In the duration of the past 30 days, the token has broken resistance levels at $145 and $150 reaching its current trading price. During the middle of May, SOL’s market price stood around the range of $141.
The token’s moving average (21MA) stands at $164.15. With its current trading price ranking below the MA, the chart indicates SOL’s price to be bearish.
$SOL #SOL #Solana
SOLANA ($SOL ) IS READY TO EXPLODE! 🚀
A massive symmetrical triangle has formed, indicating a potential breakout!
We've retested the $145 entry point and are now trading at $153. Our sights are set on a new all-time high of $160!
Don't miss out on this opportunity! Stay tuned for updates and get ready to moon!
#Solana #Crypto #Breakout
A massive symmetrical triangle has formed, indicating a potential breakout!
We've retested the $145 entry point and are now trading at $153. Our sights are set on a new all-time high of $160!
Don't miss out on this opportunity! Stay tuned for updates and get ready to moon!
#Solana #Crypto #Breakout
Solana's Community Coin GME Chooses DWF Labs As Market Maker
According to Foresight News, Solana's community coin GME has announced its decision to select DWF Labs as its market maker. This strategic move is expected to enhance the coin's market presence and stability. Further details about the partnership or its potential impact on the market have not been disclosed yet.
Shiba Inu’s Explosive Burn Rate, Solana’s $200 Target, and Furrever Token’s 15X Potential
The post Shiba Inu’s Explosive Burn Rate, Solana’s $200 Target, and Furrever Token’s 15X Potential appeared first on Coinpedia Fintech News
Don’t miss out on the latest crypto buzz! Shiba Inu’s explosive burn rate has led to a dramatic price spike, Solana is eyeing a bullish $200 target with strong on-chain metrics, and Furrever Token promises an astonishing 15X potential return. This article delves into how these exciting developments can impact your investment strategy and why Furrever Token, with its unique referral system and adorable appeal, stands out as a must-watch in the crypto world.
Analyzing Solana’s (SOL) Price Movement and Potential Breakout
On June 12th, Solana (SOL) underwent a substantial increase of 7%, reaching a trading value of $160. This rise mirrored the broader market recovery, influenced by positive responses to U.S. CPI data. The cryptocurrency market often reacts positively to a more relaxed monetary policy, as seen in the 3.3% annual rate of the unadjusted Consumer Price Index (CPI) in May.
During a span of three months marked by lateral trading, Solana’s price displayed a sequence of descending peaks and ascending troughs, resulting in the formation of a symmetrical triangle pattern on the daily chart. This configuration signals a momentary cessation in the upward trend, offering buyers a chance to amass strength for a prospective upturn.
While SOL’s price remained stable, on-chain metrics reported a significant uptick in Solana network activity, with new addresses increasing by approximately 33.8% from May 2nd to over 1.03 million currently. This surge signifies growing interest and adoption, potentially laying a stronger foundation for future price movements.
As SOL rebounded from the triangle’s support, historical patterns suggest a potential 12% increase, lifting the asset to $178 and targeting the overhead trendline. However, as long as the two trendlines remain intact, sideways trading is expected to persist.
Nevertheless, with robust network activity and a bullish market trend, Solana holds promise for breaking overhead resistance. If buyers successfully turn the overhead resistance into support, price predictions could surge to $210, followed by $310.
Shiba Inu (SHIB) Surges Amid Optimistic CPI Data and Burn Price Spike
Shiba Inu (SHIB/USD) experienced a significant surge, propelled by optimistic CPI data and a remarkable increase in its burn price. In the past 24 hours, the burn price skyrocketed by 16,856%, highlighted by a single transaction burning 225.6 million coins, with an additional 2.4 million coins burned in separate transactions.
The token also witnessed substantial whale activity, notably with approximately 600 billion SHIB, valued at $13.7 billion, transferred from Robinhood to an unknown wallet. This move boosted the wallet’s holdings to 3.4 trillion SHIB, worth $78.2 million, making it the exchange’s second-largest holding. Furthermore, Coinbase transferred 9 trillion SHIB, including 5.55 trillion SHIB valued at $126.6 million.
Drawing parallels to the bull run from September to April 2021, crypto trader Coach K Crypto predicts an imminent “FULL BULL” phase. IntoTheBlock data supports this sentiment, noting a 171% surge in large transaction volume and a 72.5% increase in daily active addresses, with transactions over $100,000 multiplying from 153 to 436 within a day.
On-chain analytics revealed that ten wallets deposited 4.29 trillion SHIB, worth $97.3 million, to Coinbase, acquired during two distinct periods in history, September 2021 and March 2024, with an average entry price of $0.00001309. If these wallets decide to sell all SHIB at current prices, the profit would exceed $41.2 million.
Shiba Inu’s marketing lead Lucie highlighted a Forbes article praising SHIB as “beyond cute” and emphasizing its utility beyond mere novelty. The article recognizes SHIB’s role in shaping the pace of technological development for other digital currencies.
Furrever Token’s Unique Appeal and Potential
Amid the excitement surrounding Solana and Shiba Inu, Furrever Token emerges as a distinctive and compelling investment opportunity. Designed to bring a whimsical and heartwarming touch to the crypto space, Furrever Token (FURR) offers investors the potential for up to 15X returns. This BNB-20 blockchain-based token incorporates adorable cat-themed stickers and visuals, engaging users with a fun and friendly community vibe.
Furrever Token’s presale has already raised over $1.3 million and is currently in Stage 9, with the final stage aiming to raise a total of $1.9 million. The token will launch on PancakeSwap, accepting USDT, BNB, ETH, and MATIC as payment options. With the current price at just $0.000732, now is the perfect time to invest before prices surge in Stage 10.
What sets Furrever Token apart is its innovative referral system, which allows users to earn 10% in $FURR tokens for every deposit made through their personal referral links. This unique feature not only fosters community growth but also incentivizes early adoption, making it a fantastic opportunity for both new and experienced investors.
Security and compliance are paramount, with audits conducted by Securi Lab ensuring a safe and reliable investment environment. The team, though not doxxed, is committed to transparency and longevity, locking their tokens for one year to reassure the community.
With its strong organic community, active engagement on Telegram, and innovative features, Furrever Token is positioned to capture the hearts and investments of crypto enthusiasts. Don’t miss out on this chance to be part of a delightful and potentially lucrative journey! Visit furrevertoken.com to learn more and join the presale before it ends. Spread the word using your referral code and earn more $FURR tokens as the community grows. Act now before the opportunity slips away!
Join Furrever Token Presale Now:
Furrever Token Official Website
Visit Furrever Token Presale
Join Official Telegram Group
Follow Official X Account
Don’t miss out on the latest crypto buzz! Shiba Inu’s explosive burn rate has led to a dramatic price spike, Solana is eyeing a bullish $200 target with strong on-chain metrics, and Furrever Token promises an astonishing 15X potential return. This article delves into how these exciting developments can impact your investment strategy and why Furrever Token, with its unique referral system and adorable appeal, stands out as a must-watch in the crypto world.
Analyzing Solana’s (SOL) Price Movement and Potential Breakout
On June 12th, Solana (SOL) underwent a substantial increase of 7%, reaching a trading value of $160. This rise mirrored the broader market recovery, influenced by positive responses to U.S. CPI data. The cryptocurrency market often reacts positively to a more relaxed monetary policy, as seen in the 3.3% annual rate of the unadjusted Consumer Price Index (CPI) in May.
During a span of three months marked by lateral trading, Solana’s price displayed a sequence of descending peaks and ascending troughs, resulting in the formation of a symmetrical triangle pattern on the daily chart. This configuration signals a momentary cessation in the upward trend, offering buyers a chance to amass strength for a prospective upturn.
While SOL’s price remained stable, on-chain metrics reported a significant uptick in Solana network activity, with new addresses increasing by approximately 33.8% from May 2nd to over 1.03 million currently. This surge signifies growing interest and adoption, potentially laying a stronger foundation for future price movements.
As SOL rebounded from the triangle’s support, historical patterns suggest a potential 12% increase, lifting the asset to $178 and targeting the overhead trendline. However, as long as the two trendlines remain intact, sideways trading is expected to persist.
Nevertheless, with robust network activity and a bullish market trend, Solana holds promise for breaking overhead resistance. If buyers successfully turn the overhead resistance into support, price predictions could surge to $210, followed by $310.
Shiba Inu (SHIB) Surges Amid Optimistic CPI Data and Burn Price Spike
Shiba Inu (SHIB/USD) experienced a significant surge, propelled by optimistic CPI data and a remarkable increase in its burn price. In the past 24 hours, the burn price skyrocketed by 16,856%, highlighted by a single transaction burning 225.6 million coins, with an additional 2.4 million coins burned in separate transactions.
The token also witnessed substantial whale activity, notably with approximately 600 billion SHIB, valued at $13.7 billion, transferred from Robinhood to an unknown wallet. This move boosted the wallet’s holdings to 3.4 trillion SHIB, worth $78.2 million, making it the exchange’s second-largest holding. Furthermore, Coinbase transferred 9 trillion SHIB, including 5.55 trillion SHIB valued at $126.6 million.
Drawing parallels to the bull run from September to April 2021, crypto trader Coach K Crypto predicts an imminent “FULL BULL” phase. IntoTheBlock data supports this sentiment, noting a 171% surge in large transaction volume and a 72.5% increase in daily active addresses, with transactions over $100,000 multiplying from 153 to 436 within a day.
On-chain analytics revealed that ten wallets deposited 4.29 trillion SHIB, worth $97.3 million, to Coinbase, acquired during two distinct periods in history, September 2021 and March 2024, with an average entry price of $0.00001309. If these wallets decide to sell all SHIB at current prices, the profit would exceed $41.2 million.
Shiba Inu’s marketing lead Lucie highlighted a Forbes article praising SHIB as “beyond cute” and emphasizing its utility beyond mere novelty. The article recognizes SHIB’s role in shaping the pace of technological development for other digital currencies.
Furrever Token’s Unique Appeal and Potential
Amid the excitement surrounding Solana and Shiba Inu, Furrever Token emerges as a distinctive and compelling investment opportunity. Designed to bring a whimsical and heartwarming touch to the crypto space, Furrever Token (FURR) offers investors the potential for up to 15X returns. This BNB-20 blockchain-based token incorporates adorable cat-themed stickers and visuals, engaging users with a fun and friendly community vibe.
Furrever Token’s presale has already raised over $1.3 million and is currently in Stage 9, with the final stage aiming to raise a total of $1.9 million. The token will launch on PancakeSwap, accepting USDT, BNB, ETH, and MATIC as payment options. With the current price at just $0.000732, now is the perfect time to invest before prices surge in Stage 10.
What sets Furrever Token apart is its innovative referral system, which allows users to earn 10% in $FURR tokens for every deposit made through their personal referral links. This unique feature not only fosters community growth but also incentivizes early adoption, making it a fantastic opportunity for both new and experienced investors.
Security and compliance are paramount, with audits conducted by Securi Lab ensuring a safe and reliable investment environment. The team, though not doxxed, is committed to transparency and longevity, locking their tokens for one year to reassure the community.
With its strong organic community, active engagement on Telegram, and innovative features, Furrever Token is positioned to capture the hearts and investments of crypto enthusiasts. Don’t miss out on this chance to be part of a delightful and potentially lucrative journey! Visit furrevertoken.com to learn more and join the presale before it ends. Spread the word using your referral code and earn more $FURR tokens as the community grows. Act now before the opportunity slips away!
Join Furrever Token Presale Now:
Furrever Token Official Website
Visit Furrever Token Presale
Join Official Telegram Group
Follow Official X Account
Solana Breaks Down Below the Crucial Support: Is It All Over for the SOL Price Rally?
The post Solana Breaks Down Below the Crucial Support: Is It All Over for the SOL Price Rally? appeared first on Coinpedia Fintech News
The FOMC minutes and fresh CPI data are about to create ripples across the markets, and Solana’s price appears to be deprived of the impact. The price was hovering under bearish impact for a certain period, and their influence is believed to have escalated if the SOL price fails to regain a certain price zone.
The latest drop in the BTC price, close to $66,000, circulated bearish waves across the entire market, including Solana. The price marked the lows at $145 for the first time in the past 25 days, signalling the growing selling pressure over the token. Meanwhile, the optimistic start to the day offered the possibility of a rebound, but the technicals point to a continuation of a bearish trend, which may cause acute harm to the token.
The SOL price roared and kept inflating since the price triggered a minor bull run during the last quarter of 2023. However, the rejection from the yearly highs above $200 seems to have initiated a fresh descending trend. The price has been forming constant lower lows and highs, signifying the growing strength of the bears, which may eventually lead the rally towards crucial support. Below are the observations from the daily chart of the SOL price rally,
The SOL price has broken below the support of an expanding wedge. Although the price has displayed a similar action before, this time the recovery is not quick. Hence, it may not be a fake breakdown, as it happened before.
Ever since the price soared above the trend reversal zone between $155 and $159, they have been offering a strong base during every bearish encounter. However, the recent pullback caused the price to break the zone after holding for a few days
The price has dropped below the average bands of the Gaussian Channel and failed to recover. Previously, when this happened, the price dropped to lower support and despite a rebound, the channel turned bearish.
Lastly, the MACD is displaying growing selling pressure over the token as the levels are slowly heading to negative levels.
Collectively, the Solana (SOL) price rally currently appears to be stuck in a bearish trend and hence is expected to form new monthly lows below $140. If the bulls fail to defend the support, then an extended pullback could compel the price to test one of the important supports at $133, which may trigger FUD among the market participants. However, a rebound from any levels above $142 to above $155 may invalidate the bearish scenario, reviving the possibility of a bullish trend.
The FOMC minutes and fresh CPI data are about to create ripples across the markets, and Solana’s price appears to be deprived of the impact. The price was hovering under bearish impact for a certain period, and their influence is believed to have escalated if the SOL price fails to regain a certain price zone.
The latest drop in the BTC price, close to $66,000, circulated bearish waves across the entire market, including Solana. The price marked the lows at $145 for the first time in the past 25 days, signalling the growing selling pressure over the token. Meanwhile, the optimistic start to the day offered the possibility of a rebound, but the technicals point to a continuation of a bearish trend, which may cause acute harm to the token.
The SOL price roared and kept inflating since the price triggered a minor bull run during the last quarter of 2023. However, the rejection from the yearly highs above $200 seems to have initiated a fresh descending trend. The price has been forming constant lower lows and highs, signifying the growing strength of the bears, which may eventually lead the rally towards crucial support. Below are the observations from the daily chart of the SOL price rally,
The SOL price has broken below the support of an expanding wedge. Although the price has displayed a similar action before, this time the recovery is not quick. Hence, it may not be a fake breakdown, as it happened before.
Ever since the price soared above the trend reversal zone between $155 and $159, they have been offering a strong base during every bearish encounter. However, the recent pullback caused the price to break the zone after holding for a few days
The price has dropped below the average bands of the Gaussian Channel and failed to recover. Previously, when this happened, the price dropped to lower support and despite a rebound, the channel turned bearish.
Lastly, the MACD is displaying growing selling pressure over the token as the levels are slowly heading to negative levels.
Collectively, the Solana (SOL) price rally currently appears to be stuck in a bearish trend and hence is expected to form new monthly lows below $140. If the bulls fail to defend the support, then an extended pullback could compel the price to test one of the important supports at $133, which may trigger FUD among the market participants. However, a rebound from any levels above $142 to above $155 may invalidate the bearish scenario, reviving the possibility of a bullish trend.
Solana Unveils Bond: Blockchain Loyalty Platform for Brands
Solana Labs Launches Bond: A New Way to Earn Loyalty with Blockchain in the Background
Solana Labs, the company behind the popular Solana blockchain, is making a move to bring more traditional businesses and their customers into the world of Web3. Their new platform, Bond, aims to revolutionize customer loyalty programs by leveraging blockchain technology seamlessly, without requiring users to be crypto experts.
Launched on June 12th, Bond promises to address key issues plaguing existing loyalty programs. One of the biggest problems is the disconnect that occurs when a product is resold or gifted. Bond utilizes blockchain technology to create “digital twins” and limited-edition digital products that correspond to real-world items. This allows brands to maintain a connection with the product throughout its lifecycle, even after it changes hands.
Here’s the beauty – customers won’t even need to know they’re interacting with blockchain technology. Solana Labs emphasizes a “seamless user experience,” making Bond accessible to everyone. Additionally, brands don’t require any prior blockchain experience; a single application programming interface (API) handles the technical aspects.
So, what are the benefits for customers? Bond offers collectible digital items alongside physical purchases, potentially increasing engagement and overall value. More importantly, these digital twins allow customers to verify product authenticity, adding a layer of trust to their shopping experience.
For brands, Bond presents a unique opportunity to attract a new generation of customers. The platform opens doors to the “vibrant community” of the Solana blockchain, a demographic rich in millennial and Gen Z purchasing power.
Solana itself boasts a growing list of use cases, including popular memecoins like Dogwifhat (WIF), Bonk (BONK), Popcat (POPCAT), and Myro (MYRO). The network has also garnered institutional interest with the launch of PayPal USD (PYUSD) stablecoin, facilitating smaller, more cost-effective purchases. Looking ahead, Solana plans to further capitalize on Decentralized Physical Infrastructure Networks (DePINs) with the full-scale launch of its Firedancer upgrade in 2025.
While blockchain-based loyalty programs aren’t entirely new (companies like Open Loyalty offer similar solutions), Bond stands out by seamlessly integrating blockchain technology into the background, creating a user-friendly experience for both brands and customers. This innovative approach could pave the way for wider adoption of blockchain technology across various industries.
Solana Labs, the company behind the popular Solana blockchain, is making a move to bring more traditional businesses and their customers into the world of Web3. Their new platform, Bond, aims to revolutionize customer loyalty programs by leveraging blockchain technology seamlessly, without requiring users to be crypto experts.
Launched on June 12th, Bond promises to address key issues plaguing existing loyalty programs. One of the biggest problems is the disconnect that occurs when a product is resold or gifted. Bond utilizes blockchain technology to create “digital twins” and limited-edition digital products that correspond to real-world items. This allows brands to maintain a connection with the product throughout its lifecycle, even after it changes hands.
Here’s the beauty – customers won’t even need to know they’re interacting with blockchain technology. Solana Labs emphasizes a “seamless user experience,” making Bond accessible to everyone. Additionally, brands don’t require any prior blockchain experience; a single application programming interface (API) handles the technical aspects.
So, what are the benefits for customers? Bond offers collectible digital items alongside physical purchases, potentially increasing engagement and overall value. More importantly, these digital twins allow customers to verify product authenticity, adding a layer of trust to their shopping experience.
For brands, Bond presents a unique opportunity to attract a new generation of customers. The platform opens doors to the “vibrant community” of the Solana blockchain, a demographic rich in millennial and Gen Z purchasing power.
Solana itself boasts a growing list of use cases, including popular memecoins like Dogwifhat (WIF), Bonk (BONK), Popcat (POPCAT), and Myro (MYRO). The network has also garnered institutional interest with the launch of PayPal USD (PYUSD) stablecoin, facilitating smaller, more cost-effective purchases. Looking ahead, Solana plans to further capitalize on Decentralized Physical Infrastructure Networks (DePINs) with the full-scale launch of its Firedancer upgrade in 2025.
While blockchain-based loyalty programs aren’t entirely new (companies like Open Loyalty offer similar solutions), Bond stands out by seamlessly integrating blockchain technology into the background, creating a user-friendly experience for both brands and customers. This innovative approach could pave the way for wider adoption of blockchain technology across various industries.
Solana Price Breaks Its Crucial Support! SOL Price to Retest $125?
The post Solana Price Breaks Its Crucial Support! SOL Price To Retest $125? appeared first on Coinpedia Fintech News
Despite increased price volatility in the cryptocurrency market, the SOL coin price continues to trade under a bearish influence. Moreover, the altcoin repeatedly fails to break out of the resistance zone, indicating a weak price action for the altcoin.
Since the cross-market correction during mid-April, the Solana price has been constantly trading in a consolidated range between $126.75 and $180.75, highlighting a strong liquidation point for the altcoin in the crypto space.
SOL Coin Price Fails To Break Out Of Its Resistance Zone:
The SOL coin price failed to retest its important resistance level of $180.75, resulting in the SOL crypto recording a correction of 1.72% within the past day and 12.87% over the past week, highlighting increased bearish sentiment in the crypto space.
TradingView: SOL/USDT
The technical indicator SMA acts as a resistance to the price chart in the 1D time frame, suggesting an increase in the negative influence for the altcoin in the crypto space.
The Relative Strength Index (RSI) displays a bullish curve above the oversold range, indicating an increase in the price action for the Solana price in the crypto market. Conversely, the average is on the verge of dropping below the mid-point, suggesting a mixed sentiment for the altcoin.
Will Solana Price Bounce Back This Month?
If the market favors the bulls, the SOL crypto will regain momentum and test its resistance level of $155.25 by the upcoming weekend. Furthermore, if the bulls successfully surpass their resistance zone, the altcoin will head towards its upper high of $200 this month.
However, if the bulls fail to regain momentum, the SOL coin price will continue trading under a bearish influence and prepare to test its crucial support level of $126.75 in the coming time.
Despite increased price volatility in the cryptocurrency market, the SOL coin price continues to trade under a bearish influence. Moreover, the altcoin repeatedly fails to break out of the resistance zone, indicating a weak price action for the altcoin.
Since the cross-market correction during mid-April, the Solana price has been constantly trading in a consolidated range between $126.75 and $180.75, highlighting a strong liquidation point for the altcoin in the crypto space.
SOL Coin Price Fails To Break Out Of Its Resistance Zone:
The SOL coin price failed to retest its important resistance level of $180.75, resulting in the SOL crypto recording a correction of 1.72% within the past day and 12.87% over the past week, highlighting increased bearish sentiment in the crypto space.
TradingView: SOL/USDT
The technical indicator SMA acts as a resistance to the price chart in the 1D time frame, suggesting an increase in the negative influence for the altcoin in the crypto space.
The Relative Strength Index (RSI) displays a bullish curve above the oversold range, indicating an increase in the price action for the Solana price in the crypto market. Conversely, the average is on the verge of dropping below the mid-point, suggesting a mixed sentiment for the altcoin.
Will Solana Price Bounce Back This Month?
If the market favors the bulls, the SOL crypto will regain momentum and test its resistance level of $155.25 by the upcoming weekend. Furthermore, if the bulls successfully surpass their resistance zone, the altcoin will head towards its upper high of $200 this month.
However, if the bulls fail to regain momentum, the SOL coin price will continue trading under a bearish influence and prepare to test its crucial support level of $126.75 in the coming time.
Positioning For the Impending Bullish Wave: Solana (SOL), Pepe (PEPE) and Rebel Satoshi Arcade (R...
TLDR
Solana, one of the best altcoins, is tipped to hit $500 before the year’s end.
Pepe gears up for even more peaks.
Rebel Satoshi Arcade is a new altcoin at the intersection of the hottest crypto trends, boasting 75x upside potential.
The first half of the year is quickly approaching its end, with the second half promising even more gains. A brief recap of events that have shaped crypto’s outlook so far this year are the Bitcoin halving, the success of BTC ETFs and the recent green light for ETH ETFs. With a massive bullish wave anticipated as macro events align well with crypto, the altcoins to hold for better positioning are undoubtedly Solana (SOL), Pepe (PEPE) and Rebel Satoshi Arcade (RECQ).
These altcoins stand out for their unique contributions and novelty, not to mention their significant growth prospects. As prices prepare to explode, these are the best cryptos to buy now.
Rebel Satoshi Arcade (RECQ): Sailing Towards 75x Gains
Rebel Satoshi Arcade (RECQ) is a new altcoin at the intersection of crypto’s biggest trends: memes, NFTs and GameFi. Further, as a new and low-cap gem, its potential is through the roof—it is a no-brainer that it kicks off this list.
With no bull market history, it is set to skyrocket after its launch, given its impending adoption. The ecosystem will include thrilling arcade games—a gamer’s paradise—a merchandise store and an NFT marketplace. With adoption imminent, analysts have chipped in, hailing it as the best new crypto to invest in.
The presale is in stage two, with a token grossly underpriced at $0.0044. Besides enjoying a low entry point, early investors are also set for massive gains. According to analysts, it will experience a face-melting 75x upswing after its market debut and listing on Tier 1 exchanges.
Solana (SOL): Anticipated Jump Past $500
Solana (SOL), one of the top altcoins, is a must-have altcoin this year. Basking in the spotlight, it hit $200 in the first quarter—a breath away from its all-time high (ATH) of $260. With even more room for growth in the second half of the year, it is undeniably one of the best coins to invest in.
Meanwhile, the ecosystem has been growing at a rapid pace, further painting a bullish picture. Recently, PayPal USD expanded to Solana, highlighting its significance in the Layer 1 ecosystem. Its speed, high throughput and low transaction costs make it a new favorite not only among developers but also among projects.
Additionally, following the approval of spot Ethereum ETFs, all eyes seem to be on Solana. The potential launch of SOL ETFs will usher in an even stronger bullish wave, placing it on the list of the best altcoins to invest in. In light of this, top analysts predict a rally past $500 before the curtain closes on the year, which doesn’t seem ambitious, but rather modest.
Pepe (PEPE): Aiming For Further Peaks
Pepe (PEPE) is the red-hot frog-themed altcoin on the Ethereum blockchain. Among the ETH memecoins, it trails behind only Shiba Inu (SHIB), highlighting its leading status. With its jaw-dropping performance in May still fresh in the minds of many, more should be expected in the coming months.
Despite the buzz around new meme narratives like celebrity memecoins and president memecoins, the latest Pepe ATH stole the show. Meanwhile, several peaks are anticipated before the year’s end, making it one of the altcoins to watch for huge gains.
Further contributing to its appeal and driving demand is its low entry point. It is among the cheapest of the top memes, allowing investors to position for huge gains without necessarily breaking the bank.
Conclusion
The three altcoins to hold for substantial gains as the bull market shifts gears are Solana, Pepe and Rebel Satoshi Arcade. With their outlooks looking more promising with each passing day, these are altcoins not to miss out on.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.
The post Positioning For the Impending Bullish Wave: Solana (SOL), Pepe (PEPE) and Rebel Satoshi Arcade (RECQ) appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.
Solana, one of the best altcoins, is tipped to hit $500 before the year’s end.
Pepe gears up for even more peaks.
Rebel Satoshi Arcade is a new altcoin at the intersection of the hottest crypto trends, boasting 75x upside potential.
The first half of the year is quickly approaching its end, with the second half promising even more gains. A brief recap of events that have shaped crypto’s outlook so far this year are the Bitcoin halving, the success of BTC ETFs and the recent green light for ETH ETFs. With a massive bullish wave anticipated as macro events align well with crypto, the altcoins to hold for better positioning are undoubtedly Solana (SOL), Pepe (PEPE) and Rebel Satoshi Arcade (RECQ).
These altcoins stand out for their unique contributions and novelty, not to mention their significant growth prospects. As prices prepare to explode, these are the best cryptos to buy now.
Rebel Satoshi Arcade (RECQ): Sailing Towards 75x Gains
Rebel Satoshi Arcade (RECQ) is a new altcoin at the intersection of crypto’s biggest trends: memes, NFTs and GameFi. Further, as a new and low-cap gem, its potential is through the roof—it is a no-brainer that it kicks off this list.
With no bull market history, it is set to skyrocket after its launch, given its impending adoption. The ecosystem will include thrilling arcade games—a gamer’s paradise—a merchandise store and an NFT marketplace. With adoption imminent, analysts have chipped in, hailing it as the best new crypto to invest in.
The presale is in stage two, with a token grossly underpriced at $0.0044. Besides enjoying a low entry point, early investors are also set for massive gains. According to analysts, it will experience a face-melting 75x upswing after its market debut and listing on Tier 1 exchanges.
Solana (SOL): Anticipated Jump Past $500
Solana (SOL), one of the top altcoins, is a must-have altcoin this year. Basking in the spotlight, it hit $200 in the first quarter—a breath away from its all-time high (ATH) of $260. With even more room for growth in the second half of the year, it is undeniably one of the best coins to invest in.
Meanwhile, the ecosystem has been growing at a rapid pace, further painting a bullish picture. Recently, PayPal USD expanded to Solana, highlighting its significance in the Layer 1 ecosystem. Its speed, high throughput and low transaction costs make it a new favorite not only among developers but also among projects.
Additionally, following the approval of spot Ethereum ETFs, all eyes seem to be on Solana. The potential launch of SOL ETFs will usher in an even stronger bullish wave, placing it on the list of the best altcoins to invest in. In light of this, top analysts predict a rally past $500 before the curtain closes on the year, which doesn’t seem ambitious, but rather modest.
Pepe (PEPE): Aiming For Further Peaks
Pepe (PEPE) is the red-hot frog-themed altcoin on the Ethereum blockchain. Among the ETH memecoins, it trails behind only Shiba Inu (SHIB), highlighting its leading status. With its jaw-dropping performance in May still fresh in the minds of many, more should be expected in the coming months.
Despite the buzz around new meme narratives like celebrity memecoins and president memecoins, the latest Pepe ATH stole the show. Meanwhile, several peaks are anticipated before the year’s end, making it one of the altcoins to watch for huge gains.
Further contributing to its appeal and driving demand is its low entry point. It is among the cheapest of the top memes, allowing investors to position for huge gains without necessarily breaking the bank.
Conclusion
The three altcoins to hold for substantial gains as the bull market shifts gears are Solana, Pepe and Rebel Satoshi Arcade. With their outlooks looking more promising with each passing day, these are altcoins not to miss out on.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.
The post Positioning For the Impending Bullish Wave: Solana (SOL), Pepe (PEPE) and Rebel Satoshi Arcade (RECQ) appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.
BlockDAG’s Global Takeover: 30,000x ROI Craze Eclipses Solana and NEAR’s Growth
As Solana (SOL) surges past the $170 mark, bolstered by strong trading volumes and positive market sentiment, its market cap soars to $79 billion, hinting at a possible climb to $200. Simultaneously, NEAR Protocol has seen its wallet count double to 75 million, with daily transactions skyrocketing to 6 million, driven by key integrations and active dApp engagement.
Amid these developments, BlockDAG (BDAG) stands out, with its eighteenth batch priced at $0.0122 per coin, generating over $49.2 million in presale revenue. Experts foresee a potential 30,000x ROI, setting BlockDAG up for a top-10 spot in the crypto rankings.
Solana’s Bullish Price Forecast
Solana recently surged past $170, now trading at $172.53, marking a 4.32% increase in just one day. Its market cap has climbed to $79 billion, placing it fifth on CoinMarketCap. The trading volume has jumped by 31.50% to $2.6 billion, reflecting strong investor interest. Technical indicators remain cautiously optimistic, with the MACD suggesting a bullish crossover. If Solana breaks the $180 barrier, it could reach $200 and beyond.
NEAR Protocol’s Explosive Growth
NEAR Protocol has seen a remarkable surge in activity, with daily transactions hitting 6 million and the number of wallets doubling to 75 million. This growth is driven by integrations like OKX’s Web3 wallet, enabling smooth NEAR token transfers across 95 blockchains. Over the past year, NEAR’s token has skyrocketed by 350%, reflecting strong network expansion.
Key drivers of this traffic include Kai-Ching and Sweat Economy. Kai-Ching ranks second for unique active wallets among all blockchain Dapps, while Sweat Economy, a “walk-to-earn” app, has also witnessed a substantial rise in active wallets, boosting NEAR’s vibrant ecosystem.
BlockDAG’s Triumph in Global Marketing and Innovation
BlockDAG’s promotional journey began with an impressive keynote event at Tokyo’s Shibuya Crossing, followed by a celebratory launch at the Sphere in Las Vegas to unveil its DAGpaper. The campaign continued to gain traction with a prominent display at Piccadilly Circus in London, coinciding with its CoinMarketCap listing and the announcement of a $100 million liquidity initiative.
Recently, BlockDAG captivated the global audience with its second keynote, set dramatically against a lunar backdrop. The success of this keynote has boosted presale figures to $49.2 million, reflecting growing investor confidence. These strategic marketing efforts underscore BlockDAG’s ambition to dominate the global cryptocurrency market, earning accolades from Forbes and Bloomberg.
Beyond these promotional triumphs, BlockDAG’s mining technology, especially the powerful X100 miner, is attracting significant attention. The X100 miner, a leader in the crypto mining industry, delivers an impressive 2 TH/s hash rate with 1800W power consumption, capable of generating up to 2,000 BDAG daily, making it perfect for large-scale operations.
Engineered for versatility, the X100 combines exceptional power with low noise levels, thanks to its advanced ASIC technology, which boosts computational efficiency and energy savings. This fusion of innovative technology and strategic marketing solidifies BlockDAG’s position as a formidable force in the cryptocurrency market.
Final Call
As Solana targets the $200 milestone and NEAR Protocol experiences a surge in transactions, BlockDAG distinguishes itself with exceptional presale success and cutting-edge mining technology. With over $49.2 million raised from the sale of 11.3 billion coins and more than 7,500 miners, BlockDAG is on the brink of joining the top 10 cryptocurrencies. The buzz around BlockDAG is undeniable, fueled by its groundbreaking technology and strategic global marketing efforts. Analysts are forecasting a 30,000x ROI, positioning BlockDAG as a remarkable force in the dynamic crypto habitat.
Currently priced at $0.0122 in batch 18, this is the perfect moment to seize the opportunity and invest in this promising crypto.
Join BlockDAG Presale Now:
Website | Presale | Telegram | Discord |
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post BlockDAG’s Global Takeover: 30,000x ROI Craze Eclipses Solana and NEAR’s Growth appeared first on CaptainAltcoin.
Amid these developments, BlockDAG (BDAG) stands out, with its eighteenth batch priced at $0.0122 per coin, generating over $49.2 million in presale revenue. Experts foresee a potential 30,000x ROI, setting BlockDAG up for a top-10 spot in the crypto rankings.
Solana’s Bullish Price Forecast
Solana recently surged past $170, now trading at $172.53, marking a 4.32% increase in just one day. Its market cap has climbed to $79 billion, placing it fifth on CoinMarketCap. The trading volume has jumped by 31.50% to $2.6 billion, reflecting strong investor interest. Technical indicators remain cautiously optimistic, with the MACD suggesting a bullish crossover. If Solana breaks the $180 barrier, it could reach $200 and beyond.
NEAR Protocol’s Explosive Growth
NEAR Protocol has seen a remarkable surge in activity, with daily transactions hitting 6 million and the number of wallets doubling to 75 million. This growth is driven by integrations like OKX’s Web3 wallet, enabling smooth NEAR token transfers across 95 blockchains. Over the past year, NEAR’s token has skyrocketed by 350%, reflecting strong network expansion.
Key drivers of this traffic include Kai-Ching and Sweat Economy. Kai-Ching ranks second for unique active wallets among all blockchain Dapps, while Sweat Economy, a “walk-to-earn” app, has also witnessed a substantial rise in active wallets, boosting NEAR’s vibrant ecosystem.
BlockDAG’s Triumph in Global Marketing and Innovation
BlockDAG’s promotional journey began with an impressive keynote event at Tokyo’s Shibuya Crossing, followed by a celebratory launch at the Sphere in Las Vegas to unveil its DAGpaper. The campaign continued to gain traction with a prominent display at Piccadilly Circus in London, coinciding with its CoinMarketCap listing and the announcement of a $100 million liquidity initiative.
Recently, BlockDAG captivated the global audience with its second keynote, set dramatically against a lunar backdrop. The success of this keynote has boosted presale figures to $49.2 million, reflecting growing investor confidence. These strategic marketing efforts underscore BlockDAG’s ambition to dominate the global cryptocurrency market, earning accolades from Forbes and Bloomberg.
Beyond these promotional triumphs, BlockDAG’s mining technology, especially the powerful X100 miner, is attracting significant attention. The X100 miner, a leader in the crypto mining industry, delivers an impressive 2 TH/s hash rate with 1800W power consumption, capable of generating up to 2,000 BDAG daily, making it perfect for large-scale operations.
Engineered for versatility, the X100 combines exceptional power with low noise levels, thanks to its advanced ASIC technology, which boosts computational efficiency and energy savings. This fusion of innovative technology and strategic marketing solidifies BlockDAG’s position as a formidable force in the cryptocurrency market.
Final Call
As Solana targets the $200 milestone and NEAR Protocol experiences a surge in transactions, BlockDAG distinguishes itself with exceptional presale success and cutting-edge mining technology. With over $49.2 million raised from the sale of 11.3 billion coins and more than 7,500 miners, BlockDAG is on the brink of joining the top 10 cryptocurrencies. The buzz around BlockDAG is undeniable, fueled by its groundbreaking technology and strategic global marketing efforts. Analysts are forecasting a 30,000x ROI, positioning BlockDAG as a remarkable force in the dynamic crypto habitat.
Currently priced at $0.0122 in batch 18, this is the perfect moment to seize the opportunity and invest in this promising crypto.
Join BlockDAG Presale Now:
Website | Presale | Telegram | Discord |
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post BlockDAG’s Global Takeover: 30,000x ROI Craze Eclipses Solana and NEAR’s Growth appeared first on CaptainAltcoin.
