AVAX rises following Onyx collaboration, InQubeta (QUBE) and Fetch.AI (FET) among top AI cryptos on investor Radar
In the vibrant and ever-evolving world of cryptocurrencies, every now and then, a story unfolds that captures the collective imagination of the crypto community. Recently, such a narrative has taken shape with Avalanche (AVAX), a top altcoin that witnessed a staggering price surge following a landmark collaboration with Onyx, JPMorgan, and Apollo Global. Amidst this wave of enthusiasm, two top crypto coins in the AI category, InQubeta (QUBE) and Fetch.AI (FET) are also stepping into the limelight, signalling a shift towards AI-driven innovations in the crypto space.
InQubeta (QUBE): Carving a Niche in AI Crypto Space
In the arena of AI-focused cryptocurrencies, QUBE is emerging as a standout player, captivating investors with its unique proposition. It’s not just another top crypto to invest in; it powers a crowdfunding platform representing a fusion of AI and blockchain, offering an investment opportunity that’s as innovative as it is promising.
At the heart of InQubeta’s appeal is its QUBE token, which has turned the concept of investing in AI startups on its head. By enabling fractional investments through trending NFTs, InQubeta is making it possible for a wider audience to invest in the AI revolution. These NFTs are more than just digital assets; they symbolize real stakes in AI startups, democratizing access to what has traditionally been an exclusive investment arena.
What makes QUBE particularly compelling is its deflationary design, coupled with a tax system that incentivizes long-term holding and community participation. The token’s dual role as a governance tool also means that investors aren’t just passive participants; they have a say in the platform’s direction.
Having raised over $5.2 million in the ongoing presale, InQubeta is peaking at the right time and investors are taking note. Their innovative approach has not only put them on the map but also made QUBE one of the best new cryptos to invest in.
Avalanche’s Price Surge: A Collaboration Success Story
Shifting focus to Avalanche, the recent price jump following its collaboration with Onyx, JPMorgan, and Apollo Global is more than just a boost in numbers; it’s a significant stride in blockchain technology’s integration into traditional financial sectors. This collaboration, under Project Guardian, aims to connect Onyx to a permissioned Avalanche Evergreen Subnet, thereby facilitating transactions for WisdomTree Prime.
This move is not just a win for Avalanche but a groundbreaking development for the entire industry. The successful blockchain test by Onyx and Apollo Global, which underscores the potential of blockchain for automated portfolio management, aligns with Ava Labs’ vision of digitizing global assets through Avalanche’s platform.
Fetch.AI (FET): A Rising Star in AI Crypto
In the same vein, Fetch.AI is also gaining momentum in the AI crypto space. This platform is at the forefront of developing a network for autonomous smart services powered by AI. Fetch.AI’s model is transformative, enabling a system where AI can be leveraged to automate and revolutionize processes across various industries.
Central to this ecosystem is the FET token, which serves multiple purposes. It’s not just a medium of exchange but also a governance token, allowing users to participate in the decision-making processes of the platform.
Conclusion
As the narratives of Avalanche’s collaboration-driven surge, InQubeta’s innovative approach to AI investments, and Fetch.AI’s contribution to AI-driven blockchain solutions unfold, they paint a vivid picture of the current crypto landscape. These developments are indicative of a market that’s not only diverse and dynamic but also increasingly focused on integrating cutting-edge technologies like AI with blockchain. As we watch these stories evolve, it’s clear that platforms like InQubeta and Fetch.AI, alongside established players like Avalanche, are shaping the future of the best cryptocurrencies in exciting ways.
AVAX Price Jumps 10% As Bulls Move On From Binance Case!
The altcoins are shaking off the bad vibes after taking a hit due to Binance pleading guilty against the recent criminal charges. Quickly regaining the lost momentum, the AVAX price trend resurfaces above the lost level of $20 with a strong bullish candle.
Following the golden crossover and the sustenance above $20, the AVAX price prediction teases a strong uptrend for the rest of 2023.
Source – Tradingview
Losing 17.5% of its market cap, Avalanche lost its market demand from $22.85 to $19 in just 48 hours, a correction of 16.79. Moreover, the spike in trading volume did support the quick pullback.
However, following the bearish Marubozu candle testing $19, the buyers overturn the trend as the market shakes off the bad news of Binance. Returning back to a strong uptrend, the buyers reclaim $20 with an overnight jump of 9.32%.
Currently, the AVAX price trades at $20.96 with an intraday growth of 0.50% and finds the crowd support evident through trading volume. However, the possibility of a downtrend sustains in case of any other setback for the biggest crypto exchange.
Further, there is increased volatility in the market that makes certain investors doubt the recovery phase.
Technical indicators:
RSI: The daily RSI line bounces back to the overbought boundary but maintains a bearish divergence. Therefore, the price may lead to a short consolidation phase before any major upside move.
Will AVAX Price Sustain Above $20 This Time?
The slow but steady improvement in the market sentiments over the past 24 hours results in a bullish comeback for altcoins. The AVAX price trend hops on the bullish train and reclaims $20 but struggles to lead the uptrend beyond $21.15. Nevertheless, a bullish break can pump the market value back to $25.
In case of a new supply wave, another break under $20 can plunge the Avalanche market value to $18.
Will AVAX Price Cross $25 Amidst High Volatility Waves?
Sustaining the strong comeback momentum, Avalanche sustains above the $20 mark over the weekend. With an overnight jump of 3.94%, the AVAX price heads to the overhead milestone of $25, teasing a new breakout rally.
Standing strong amongst the weekly gainers, the AVAX price prediction teases a continuation of the uptrend for the rest of 2023.
Source – Tradingview
With buyers overcoming one resistance level after another, the AVAX price bull run seems unstoppable. Moreover, as the volatility increases, the uptrend continues to find bullish support in trading volume.
The long-range candles above $20 reflect an ongoing brawl between bulls and bears. However, the overall result seems positive as per the closing price of each candle and the lower price rejections from $20.
Currently, the AVAX price trades at $22.42 with a 1.99% pullback following the overnight jump of 3.94%. Keeping a sideways trend between $20-$24, the long range candles prepare a consolidation range.
Further, the increased volatility reflects a huge momentum trapped within the range, marking the importance of the upcoming breakout.
Technical indicators:
RSI: The daily RSI line sustains a sideways trend close to the overbought boundary to reflect the underlying bullish sentiment. Therefore, the momentum indicator supports the upside breakout possibility.
Will AVAX Price Rise To $20?
As the overall market sustains positive momentum and gradual growth in sentiments, the altcoins are ready to soar higher. The AVAX price trend is ready to hop onto any slightest of recovery signals and give a bullish break. Following the $25 break, the altcoin can peak at $29.25.
On the flip side, a reversal under the $20 mark can plunge the Avalanche token prices back to $18.
Avalanche (AVAX) Price Soars 200% in 30 Days! Is the Super Cycle Over or a Calm Before the Storm?
Avalanche has been the best-looking chart among the layer-1’s, which turned out to be among the best performers in recent times. The AVAX price soared with absolute perfection, jumping from the October low of around $8.77 to the November high of $24.69. This 200% jump in prices was catalyzed by many reasons, and a couple of huge announcements built bullish momentum around the top 12th crypto.
What led to the AVAX Price Rally?
The AVAX ecosystem was packed with some exciting announcements in the past week. Starting with the Avalanche House, which revealed the future plans for Avalanche 2.0. This is expected to increase the speed, integration, and interoperability of the Avalanche Network. Besides, the network made a strategic shift and became the RWA and FX Chain, providing the necessary infrastructure to onboard the trillions.
Avalanche made some notable partnerships, which include JPM, Citi, Wisdom Tree, T.Rowe Price, KKR, etc. These reasons led to a significant increase in all core metrics like the number of contracts deployed, C-Chain transactions, DEX volume, and most importantly, AVAX price. This is expected to further attract retail and institutional exposure too.
Besides, the projects that are under development are likely to benefit from a resurgence of liquidity along with a fine rise in positive market sentiment. They include Joe (JOE), Steakhut Finance (STEAK), Beniqi (QI), Husky Avax (HUSKY), Shrapnel (SHRAP), Beam (BEAM), and Dokyo.
Will This Raise the AVAX Price to $50 in 2023?
The AVAX price recently broke from a multi-year falling wedge and rose over 100% to mark new yearly highs close to $25. After a fine rise, the bulls appear to have drained to some extent, due to which a minor pullback could be on the cards.
The weekly RSI tested the overbought region and is preparing to validate a notable pullback. This could cause the AVAX price to test the lower support zone between $20.4 and $21.5 and compel the price to consolidate here for a while. However, after a brief consolidation, the Avalanche (AVAX) price is believed to trigger a rebound and rise towards the pivotal resistance at $40.76 in the first few weeks of 2024.
Avalanche (AVAX) Targets $22; XRP, InQubeta Show Signs of Continued Uptrend
In this new week, tokens are anticipated to build on the positive trends from the previous ones. Notable developments to expect are Avalanche (AVAX) reaching $22 and Ripple’s (XRP) uptrend persisting. In addition to this, InQubeta (QUBE), an up-and-coming cryptocurrency, has been gaining momentum and appears poised for a continued uptick.
This article will cover these cryptocurrencies positioned as altcoins to watch: Avalanche, XRP, and InQubeta. Let’s dive in.
InQubeta (QUBE): Growing Momentum After Raising $4.7 Million
InQubeta (QUBE) is fast becoming a popular name in the crypto scene. It has raised a whopping $4.7 million in its ongoing presale, leading to shouts of it being the best ICO (initial coin offering) of 2023. It is deserving of this hype, apparently evident in its blend of AI and blockchain technology. This intersection has been tipped to lead the next bull run, positioning InQubeta as the best new crypto to invest in.
The problem this project aims to solve involves fundraising in the AI industry, which has been one of the most critical issues. It will be the first crowdfunding platform in the world to allow AI startups to source capital through cryptocurrency, specifically QUBE, its utility token. That isn’t all. Through a fractional investment model and NFTs, it will also make the AI market accessible to everyone. This will lower barriers to entry, particularly income barriers, and allow investment regardless of income.
This project is in stage 5 of its presale and costs only $0.0161 per token. Experts forecast a continued uptrend and a 3,000% increase in value after its launch. You can become an early adopter of this project and earn significant returns by accumulating the token now. To participate in the presale, click on the link below.
Avalanche (AVAX): Sights on $22
Avalanche (AVAX) is a layer-1 blockchain platform designed for decentralized applications and custom blockchain networks. A remarkable thing about Avalanche is that it was created to be the Ethereum killer, although it hasn’t achieved that yet. It is still one of the best coins to invest in, nonetheless, and a preferred location for projects and developers.
How is it performing now in the cryptocurrency market? With a high market value and ranking among the top 20, it is a top altcoin. Its price has also increased significantly, mostly as a result of the crucial role it serves. Moreover, its next target appears to be $22, which makes Avalanche a promising investment.
Ripple (XRP): Continued Uptrend?
Ripple (XRP) is one of the most popular altcoins on the crypto market. It solves a critical issue, which is cross-border transactions. It should come as no surprise that demand for it is rising in the broader financial scene as well as in the cryptocurrency space.
The price of XRP has been rising significantly lately. This upswing and demand for XRP, in our opinion, can be related to growing investor confidence. It is among the best cryptos to buy now because analysts predict that its momentum will continue.
Conclusion
With the crypto market on an upswing, Avalanche (AVAX) has its sights set on $22, and XRP is set to continue its upswing. Also, InQubeta is showing signs of a persisting uptrend, following growing investor interest and the raise of over $4.7 million. You can participate in the InQubeta presale by following the link below.
Up Against Incoming Supply, AVAX Eyes $15!
With a solid bullish reversal rally in Avalanche, the sellers fail to hold dominance over crucial levels, leading to breakout rallies. The AVAX coin prices take off from the $8.60 launchpad to give a phenomenal return of 40% to reach the $12 mark.
As the ongoing recovery rally brings Avalanche Year-to-Date back into the positive realm with 12.60%, the AVAX price prediction hints at crossing the $15 mark soon.
Forming a double bottom pattern in the daily chart, the AVAX price action displays a successful reversal with a bullish breakout. Crossing over the $10.86 neckline, the reversal rally helps Avalanche reclaim the psychological mark of $10.
The rising Avalanche market value is trading at $12.07, close to the dynamic resistance of the 200-day EMA and the $12.34 resistance level. Moreover, the intraday fall of 1.47% showcases higher price rejection, reflecting a strong incoming supply pressure.
Nevertheless, the AVAX price is up by 40% in the last three weeks and gives a double bottom breakout. Therefore, a potential retest of $10.86 is possible before continuing a bullish trend above the 200-day EMA.
Technical indicators:
EMA: The rising trend in the AVAX price has a positive influence on the 50-day EMA and teases a golden crossover. Moreover, a potential 200–day EMA breakout will signal a buying spot for sideline traders.
MACD indicator: The MACD and signal lines display linear growth with optimum bullish spread.
Will AVAX Price Rise To $15?
With Bitcoin crossing above the $35K mark, the altcoins are gaining momentum and teasing an upcoming altcoin season. Further, the bullish breakout in AVAX with a double bottom reversal signals a potential upcycle to the $15 mark. However, the buyers must reclaim the 200-day EMA to prolong the bull run.
On the flip side, a reversal from the 200-day EMA can lead to a price drop to $10.86.
AVAX And BTCS Currently leading Pack In World Of Investments
The digital currency space is already gaining immense traction following increased innovation from newcomers in the ecosphere. The development of the niche is attributed to the inauguration of various projects such as Avalanche and Bitcoin Spark. BTCS is the newest digital platform that is considered the future of the virtual currency industry. The new blockchain technology has gained momentum due to its newly integrated validation mechanism, proof-of-process.
What is Bitcoin Spark?
Bitcoin Spark is a newly integrated decentralized Web3 project that seeks to advance the crypto industry with its proof-of-process consensus mechanism. The validation process allows network participants to earn passive income through mining and staking activities. The native token for the platform is BTCS, which also acts as a governance token for the ecosystem, allowing holders to vote for or against administration policies, thus promoting further decentralization. The network is lightweight compared to other blockchain platforms, such as Bitcoin. This network feature enables low-powered devices to mine BTCS in the network, unlike in most mining ecosystems that waste energy and have massive cost-related entry barriers.
What is AVAX?
AVAX is the native token of Avalanche, a decentralized and open-source platform that utilizes proof-of-stake to validate the network by approving transactions. AVAX is utilized as a gas token for the platform. Participants who hold AVAX are rewarded in the token for partaking in the development of the network. Avalanche is considered among the projects with the most potential to explode with the bull market. However, the project is already established, and its returns cannot compare to the potential yields generated by Bitcoin Spark.
BTCS Price Prediction
Bitcoin Spark is a new entrant in the distributed ledger, which aims to provide multiple ways of creating passive income. The project utilizes a decentralized approach to enhance users’ efficiency, transparency, and scalability. BTCS will be the gas token for the platform for two years after the mainnet release, after which the network will turn gasless to allow more Web3 adoption and efficiency. This feature already puts Bitcoin Spark a step forward compared to old-generation blockchains like Ethereum, which overcharge transactions.
The maximum supply of BTCS is 21 million, similar to that of Bitcoin’s total supply. BTCS has been distributed to launch supply and mining rewards. Blockchain participants who want to join the project can purchase the token cheaply at $3.25 during the ongoing phase eight initial coin offering.
The project has a roadmap that gives information on the ongoing presale. Bitcoin Spark also has an official application that is used in mining operations. The network utilizes proof-of-work and proof-of-stake validation mechanisms, which rent out processing power to organizations and community members who need it for undertaking tasks such as video coding and solving intrinsic computational equations.
Data is stored inside the mining device’s Random Access Memory (RAM). However, the processing power is stored in devices in use. Bitcoin Spark’s team has developed an easy-to-use mining application that can support Mac OS, Windows, Android, and Linux. The mechanism will enable the participants to install the system on any device.
The application is also utilized as a wallet for Bitcoin Spark. The wallet will also support networks like XRP, Ethereum, and Solana. Bitcoin Spark will not be compatible with EVM wallets such as Metamask immediately upon launch. Users who want to use wallets such as Metamask must utilize wrapped BTCS on Ethereum that may later be converted to mainnet BTCS through the platform’s proprietary bridging system.
Learn more about Bitcoin Spark on:
Website: https://bitcoinspark.org/
AVAX Price Analysis: Can AVAX Top $15 With This New Breakout?
With Bitcoin dominance reaching the 30-month high, the overall market finds a fresh breeze of a bull run. Similar to other major altcoins, the AVAX price skyrockets with the recovery season, blooming double-digit returns for the market.
Bouncing back from the $8 mark, the Avalanche token buyers regain trend control to rise above the 50-day EMA. With such a fightback, the AVAX price prediction hints at potentially reaching the $15 mark before 2023 ends.
During the ongoing 26% jump, the increased demands at $8 and Bitcoin rising to $35K were major catalysts driving the bull run. Leading to a bullish pattern in hindsight, the AVAX price action forms a double bottom with a neckline at $11.
Currently, the AVAX price trades at $10.99 with an intraday growth of 4.56%, leading to a bullish engulfing candle and teasing a breakout rally. The seven bullish candles in the last eight trading sessions reflect a strong bullish trend momentum.
The overhead resistance at $11 has been a critical supply inflow spot for the last few months, keeping the bullish growth under check. Therefore, a successful candle closing above this crucial level will signal a bullish entry spot in AVAX price.
Technical indicators:
EMA: The bullish breakout of the 50-day EMA increases the possibility of a golden crossover if the uptrend sustains momentum.
RSI indicator: The RSI indicator displays a rounding reversal to renter the overbought boundary.
Will AVAX Price Rise Above $12?
Considering the overall market recovery continues to gain momentum, the blue-chip altcoins will continue to perform exceptionally well. Similarly, the AVAX price will rise higher, and the double bottom breakout will catalyse the bull run and reach $15 faster than anticipated. However, the $12.5 mark may be a pitstop in the rally.
On the flip side, a reversal from $11 or a failure to sustain the momentum can lead to a price drop to $10.
AVAX Price Analysis: Will The Avalanche Price Regain Momentum Or Continue To Bleed?
The crypto market has been trading negatively as the market continues to trade under the influence of the bears. Top cryptocurrencies have displayed a sideways pattern for the first time in over a week, indicating a possibility for the crypto industry to rebound soon.
The month of October had started on a bullish note as the AVAX price had gained more than 10% in value within the first week of the month, following which the market experienced a trend reversal in its charts, resulting in the coin losing its value.
After the Death Cross, the Avalanche coin leveled all its gains for the price jump and further lost 5% in the second week of the month.
The Avalanche price is currently trading very close to its resistance trendline as the bulls are making an attempt to break out of the trend, which could result in a massive price action for the coin in the coming days.
The RSI has been trading below the mid-point for almost a week, indicating a weak buying and selling power in the market. Moreover, the chart displays a constant decline, suggesting the price will continue losing value in the coming time.
Will AVAX Price Regain Value?
If the bulls break the descending channel towards the resistance trendline, then the price will gain momentum and prepare itself to test the resistance level of $9.60 soon.
Further, if the market continues to gain momentum, the price will continue to gain value and make a run to test its upper resistance level of $9.96 in the coming days.
On the flip side, if the bears continue to dominate the market, the price will break its support level at $9.11, resulting in the coin continuing to lose momentum and trade under a bearish influence. Moreover, if the bulls fail to hold the price, the AVAX price will soon test its crucial support level of $8.75.
Secure Future With These Profitable Altcoins: AVAX, LINK, & BTCS
As the traditional investment arena shifts, securing one’s financial future through digital assets is an enticing prospect. As many investors turn their attention to alternative coins or altcoins, several options are available, but prudence reigns supreme. You can secure financial stability by exploring promising options and showcasing strong growth potential and technological innovation. Among these assets, AVAX, LINK, and BTCS provide credible opportunities crucial for shaping your financial future.
Avalanche (AVAX) presents its network as a prominent player with its innovative blockchain platform, offering faster transactions and a more sustainable consensus mechanism. On the other hand, Chainlink (LINK) stands out for its decentralized Oracle network, a crucial component bridging smart contracts with real-world data. Additionally, Bitcoin Spark (BTCS)
What is Bitcoin Spark?
Bitcoin Spark is a blockchain project emerging as a BTC fork, endeavouring to address prevalent challenges by leveraging innovative technologies and approaches. It leverages unique functions and consensus mechanisms to potentially revolutionize the mining landscape and make blockchain platforms accessible to an expansive user base. Bitcoin is credible, but the barriers to entry are insurmountable, considering its highly priced asset and the mining process dominated by those wielding enormous financial muscle. A standout feature of BTCS is its new blockchain technology, Proof-of-Process (PoP).
The Bitcoin Spark application serves as a direct entry point for users to participate in mining and other investment processes within the BTCS ecosystem. Unlike traditional mining, which demands enormous devices and financial muscle, BTCS allows users to mine using available smart devices, provided they can access high-speed internet services.
Bitcoin Spark encourages validators and operates efficiently, allowing low-power devices to participate. It promotes network security without imposing excessive energy demands as the project emphasizes revenue diversification and sustainability. It also incorporates CPU rental and advertising services in the platform to maximize revenue rewards and team upkeep. BTCS has a multi-layered approach, enhancing security, scalability, and functionality. The four layers, execution, consensus, mining, and rewards, contribute to the overall efficiency and effectiveness of the network.
The BTCS project has gained attention with its ongoing Initial Coin Offering (ICO) phase seven. With a BTCS price of $3.00 and a 7% bonus, the project guarantees an ROI of 357% during its launch at $10 on November 30. BTCS ensures a stable, sustainable, and profitable environment for investors through third-party smart contract audits and KYC certification.
What is Chainlink?
Chainlink is a decentralized oracle network and cryptocurrency connecting and linking smart contracts on the blockchain with real-world data comprising external APIs and payment systems. Smart contracts lack access to data outside of their blockchain environment, and Chainlink comes as a bridge, providing secure and tamper-proof data feeds. These data sources include financial market prices, weather conditions, sports, etc. The Chainlink network strives to ensure the accuracy and reliability of the data it provides to smart contracts. LINK cryptocurrency is essential in purchasing data services within the network and powers the network’s functionality and potential applications across various industries.
What Is AVAX?
AVAX, or Avalanche, is a blockchain platform striving to provide a decentralized, highly scalable environment for launching decentralized applications (dApps) and enterprise blockchain solutions. It addresses issues related to scalability, security, and decentralization that have plagued earlier blockchain networks. Avalanche employs a unique consensus, allowing rapid transaction confirmations and high throughput. It’s a leaderless, highly efficient consensus protocol that achieves security and decentralization without compromising speed.
AVAX is the native cryptocurrency of the Avalanche platform, serving various purposes within the network, including gas fees, staking, governance decisions, and powers the creation of new assets and applications.
With its focus on scalability, interoperability, and sustainability, AVAX aims to provide a robust foundation for various decentralized applications, financial platforms, and enterprise use cases, making it an intriguing digital asset.
While the cryptocurrency market is inherently speculative and comes with associated risks, thorough research, due diligence, and a comprehensive understanding of the cryptocurrency arena are paramount before making any investment decisions.
Learn More on BTCS and ICO:
Website: https://bitcoinspark.org/
AVAX Price Prediction: Is Avalanche Price On The Verge To Fall? Time To Sell AVAX Coins?
The market has continued to constantly rise as the crypto industry has now experienced 5 out of 7 green days, indicating a high possibility of the month ending on a bullish note. Further, the AVAX price has performed well among altcoins, as the coin has been one of the top gainers for three straight days.
The AVAX price has been trading in an expanding channel for over two weeks, indicating a bullpower in the market. The AVAX coin was seen trading in a consolidated range for a brief period of time. The price has recently experienced a Golden Crossover, after which the coin gained massive bullish momentum.
Further, this resulted in the Avalanche price breaking out of multiple resistance levels and an upper limit of $10.99. The AVAX coin was trading close to the resistance level and tested to break the level but failed, and the price experienced a dip, indicating a high possibility of a trend reversal soon.
The RSI averages have been constantly trading above the mid-point for an extended period of time and have failed multiple attempts to break down the point. Further, the coin recently breached the overbought range, indicating a possibility of a dip soon.
Will AVAX Regain Its Value?
If the Bulls manage to hold the power and push the price above $11.50, then the price will continue to gain bullish momentum and continue to rise in the coming time. Further, if the price holds the level, then Avalanche will prepare itself to test the upper resistance of $12.00.
On the other hand, if the bears regain power and manage to hold the price below $10.99, then the price will start trading under a bearish influence, resulting in the price further plunge in the coming days. If the market fails to regain momentum, then the price will continue to dip and test its lower support of $10.48 soon.
Further, if a trend reversal occurs, then the price is bound to fall and test it support level of $9.96 in the coming time.
Market Bulls Flock to Everlodge (ELDG), Cosmos, Avalanche (AVAX) Lose Their Shine
The presale launch of Everlodge has filled the market with a sense of optimism. Crypto enthusiasts believe that this new project can cause the next market bull run. Investors are also rallying behind this project from its early stage.
Meanwhile, Cosmos (ATOM) and Avalanche (AVAX) have failed to post any promising market performance. In this article, we will analyze the growth prospects of these three cryptocurrencies.
Join the Everlodge presale and win a luxury holiday to the Maldives
Cosmos (ATOM) Releases Its 2024 Roadmap
As 2023 is about to end, Cosmos (ATOM) has buckled up for the coming year. Recently, Cosmos (ATOM) released its roadmap for 2024, with a special focus on seamless interoperability.
Cosmos (ATOM) has highlighted four key areas in its 2024 roadmap. They are developer experience, modularity, user adoption, and go-to-market strategy.
Meanwhile, Cosmos (ATOM) has revealed that it facilitated 52 million transfers worth $29 billion in the past year. However, ATOM has not responded positively to the roadmap released by Cosmos. On the monthly price chart, Cosmos (ATOM) is down by 6%. Thus, a Cosmos (ATOM) token currently costs $7.07.
Avalanche (AVAX) Launches A New Ticketing Platform In South Korea
For the last many weeks, Avalanche (AVAX) has been moving in the red zone. Subsequently, the market value of Avalanche (AVAX) has dipped by 12% in the past thirty days. Therefore, Avalanche (AVAX) is now available to trade at $8.88.
However, Avalanche (AVAX) is actively involved in increasing its user base, and network activity. Recently, Avalanche (AVAX) has partnered with SK Planet to launch a ticketing platform. With this, Avalanche (AVAX) aims to enhance the experience of users who search for tickets on the internet.
Avalanche (AVAX) will also try to address issues that are hurting the ticketing industry in South Korea, like counterfeit tickets.
Everlodge (ELDG) Makes Market Bullish With 3000% Presale Rise
The hotel industry has witnessed a boom in recent years. As per a research report, the sector’s market size can reach $1.21 trillion by 2023. So, people around the world are looking for ways to invest. However, it is difficult and costly to own holiday properties, for individuals.
Everlodge is one of the first Web3 projects to capitalize on this trend. It will utilize NFT technology to build a platform for hospitality real estate. It creates NFTs for holiday real estate properties.
The platform will fractionalize these NFTs after the minting process. This will allow retail and smaller-scale investors to acquire luxury properties at a relatively low cost of $100. Additionally, individuals can use their NFTs as collateral to get a loan.
Moreover, the NFTs are backed by actual properties. So, they will keep growing in value. Everlodge uses ELDG token, which is based on Ethereum, as its native crypto. The token holders get several perks, like deals, giveaways, and rewards from staking.
Currently, the platform is in its third phase of presale. The token is trading at $0.018. According to the developers, the total supply of ELDG will be capped at 800 million. However, only 480 million tokens are unlocked during the presale phase.
As per market analysts, the token’s value is expected to increase by 280% during the presale, and 3000% by the time it is launched on Uniswap.
Find out more about the Everlodge (ELDG) Presale
Website: https://www.everlodge.io/
Telegram: https://t.me/everlodge
Avalanche Price Analysis: How Low Can AVAX Prices Go?
Following the remarkable recovery in early 2023, the AVAX price action enters a crushing correction phase. Experiencing extensive selling pressure at $21, the AVAX prices fail to find support at any crucial level for long.
Bouncing back from $11 in June lit lamps of hope for Avalanche, leading to a 32% gain to reach $15. However, with higher price rejection, the AVAX prices reverse into a more severe correction.
Breaking one support level after another, the AVAX price even breaks the $12.15 support after a consolidation range. Trapped with the market-wide correction, the FUD skyrockets in the AVAX chart, dropping to $9.90 before closing at $10.58.
Following multiple bearish candles with the spike in trading volume, the AVAX coin price finally retests the $10.78 mark. Moreover, the downfall vaporizes the YTD growth of Avalanche and drops it to a 1.15% loss.
The falling AVAX prices stretch the bottom support of the Bollinger band, with the stochastic RSI preparing a positive crossover. Moreover, the RSI line drops lowest in 2023, reflecting the sharp increase in underlying bearish sentiments.
Will AVAX Prices Sustain Above $10?
With the intense selling and crumbling market conditions, the AVAX price declines further if it drops below $10. However, the lower price rejection reflects smart money ready to buy the dip. Therefore, it seems challenging for the AVAX price to fall below $10.
In a prolonged selling phase, the breakdown rally can reach $9.60. On the sunny side, closing above $11.19 may trigger a recovery phase.
Solana (SOL), Avalanche (AVAX), and DigiToads (TOADS) Shaping Crypto Gaming in 2023
As the world of cryptocurrency continues to evolve, crypto gaming is one of the most exciting and dynamic areas of innovation. In 2023, crypto gaming has reached new heights, attracting an ever-expanding community of gamers, investors, and developers.
Two prominent blockchain platforms, Solana (SOL) and Avalanche (AVAX), have emerged as frontrunners in this domain, offering fast, scalable, and decentralized ecosystems for gaming applications. However, among the new wave of gaming tokens, DigiToads (TOADS) stands out as a unique memecoin that brings a refreshing approach to crypto gaming and champions environmental causes with its successful presale, raising over $6.7 million so far.
DigiToads (TOADS)
DigiToads (TOADS) has swiftly caught the attention of the crypto-gaming community for its innovative vision and distinctive narrative. Emphasizing the prowess of toads and challenging the dominance of frogs in the meme token world, DigiToads has created a captivating story that resonates with gamers and investors alike. This unique approach has helped create a strong, engaged community passionate about the project’s goals.
In the realm of crypto gaming, DigiToads introduces an immersive virtual world called the “DigiToad game ecosystem.” Players can participate in battles, breeding, and training their unique DigiToads, represented by Non-Fungible Tokens (NFTs). Each DigiToad possesses unique characteristics, strengths, and weaknesses, making the gaming experience diverse and exciting.
To further incentivize gamers and investors, DigiToads introduces its innovative TOAD Economics. The project has a fixed max supply, but a token burn mechanism creates a deflationary factor, resulting in a constantly decreasing circulating supply. This scarcity effect potentially drives up the value of TOADS tokens over time, appealing to investors seeking long-term growth opportunities.
In addition, a dedicated NFT staking pool rewards TOAD holders with 2% of TOADS tokens from each transaction. These rewards are paid to staked TOAD NFTs, fostering loyalty among community members and enhancing the sense of belonging.
DigiToads’ commitment to the environment and social responsibility is another remarkable aspect of the project. By pledging 2.5% of all profits to charities supporting the replantation of trees and the protection of Amazonian species, DigiToads showcases a unique blend of gaming, community, and environmental advocacy.
Solana (SOL)
Solana (SOL) has emerged as a leading blockchain platform for crypto gaming, offering impressive speed and scalability. It’s high throughput and low transaction fees make it an ideal choice for gaming applications, where real-time interactions and responsiveness are crucial. With Solana’s sub-second block times, gamers can enjoy seamless experiences without lag or delays, enhancing the overall gaming experience.
Moreover, Solana’s robust ecosystem of decentralized applications (dApps) and smart contracts provide a fertile ground for game developers to create innovative and interactive games. Its high throughput also ensures the platform can handle many users simultaneously, paving the way for mass adoption of crypto gaming applications.
Avalanche (AVAX)
Avalanche (AVAX) is another prominent blockchain platform that has garnered attention for its high performance and scalability. AVAX’s unique consensus mechanism, Avalanche consensus, allows for quick and efficient transaction processing, making it suitable for high-demand gaming applications.
One of the key advantages of Avalanche is its ability to support multiple virtual machines (VMs), including Ethereum Virtual Machine (EVM) compatibility. This feature enables seamless integration with the Ethereum ecosystem, allowing developers to leverage their knowledge and tools to build gaming dApps on Avalanche.
Additionally, Avalanche’s sub-second finality ensures that gaming actions are confirmed almost instantly, reducing waiting times and providing players a smooth and enjoyable gaming experience.
Conclusion
As we enter the vibrant world of crypto gaming in 2023, Solana (SOL), Avalanche (AVAX), and DigiToads (TOADS) are at the forefront of shaping this exciting landscape. While Solana and Avalanche provide the robust, scalable, and high-performance infrastructure required for crypto gaming, DigiToads brings a unique and engaging narrative to the space, championing the cause of toads and the environment.
With a successful presale that has raised over $6.7 million so far, DigiToads has demonstrated its potential to become a significant player in the crypto gaming space. At a current token price of $0.05 and over 373 million tokens sold, the presale has nearly sold out its allocated supply, making it an appealing opportunity for investors seeking to join the DigiToads community.
AVAX Price Analysis: Closer To $12, Is AVAX Planning A Bounceback This Month?
With an extensive selling phase in action, the AVAX price is 19.24% below the previous swing high of $15.59 within 25 days. The downward trend results in a strong resistance trendline keeping the bullish growth in check, leading to lower high formations.
Moreover, the AVAX price is now below the 61.80% Fibonacci level and a long-coming support trendline.
With buyers failing to hold the AVAX prices above $12.87, the 4.83% drop tests the bullish dominance at the 78.60% Fibonacci level at $12.13. The buyers manage to revert the drop with a bounce back to challenge the overhead resistance trendline.
Currently, the AVAX price is up by 1.55% in the last 24 hours and continues to challenge the resistance trendline.
Coming to technical indicators, the Stochastic RSI shows an uptick as the lines approach the oversold territory, indicating a potential reversal. However, the MACD lines show a bearish crossover due to the rise in the selling spree.
If the ongoing recovery continues and breaks the resistance trendline, the buyers can lead the uptrend to new heights. The unleashed trapped momentum can fuel the AVAX prices to $14.
In case of a prolonged selling phase, the break out of the breakdown of the 78.60% Fibonacci level at $12.13 can lead to an extended 8% fall to the $11.19 level.
Another Avalanche System Hack – Here Are The Implications For AVAX vs SPCT and FTM
A recent cyberattack on the Avalanche (AVAX) system has sent shockwaves through the cryptocurrency world. This breach has significant implications not only for Avalanche but also for its crypto rivals, as investors are concerned about the safety of their assets.
In this article, we delve into the repercussions of the hack on these digital assets and their respective communities. Will this event affect the Avalanche (AVAX), VC Spectra (SPCT), and Fantom (FTM) prices, and how?
Avalanche (AVAX) System Breach Unveiled: Impact on the Native Token
On February 17, 2023, two decentralized finance (DeFi) protocols on Avalanche (AVAX) blockchain were attacked by malefactors. This comes after another hack in 2021 where Avalanche’s DeFi platform, Vee Finance, suffered a $35 million hacking attack. Specifically, 8,804.7 ETH and 213.93 BTC were stolen.
The attack led the DeFi platform to suspend all services offered to users. Consequently, the platform reported that it could locate and contact the hacker.
Ultimately, a system hack on Avalanche has negative effects on the native token AVAX. For instance, During the last 24 hours, the price fluctuated between $12.90 and $13.33, closing at $13.21, marking a marginal decrease of 0.2%.
Moreover, the incident could result in a decline in confidence among Avalanche investors, thus causing short-term price volatility.
VC Spectra (SPCT): Trading Platform to Look Out For
VC Spectra (SPCT) is committed to supporting promising technology startups in the blockchain and technology space as a decentralized hedge fund. It offers unmatched security for the likes of those concerned with AVAX’s recent events.
Moreover, VC Spectra is highly appealing to potential investors who seek early-stage investment opportunities. VC Spectra rewards its investors with quarterly dividends and buybacks based on how their investments perform. Besides, VC Spectra investors get access to pre-ICOs and voting rights.
VC Spectra’s native token is built on the Bitcoin blockchain and adheres to the BRC-20 standard. Its token facilitates asset management, exchange, and decentralized trading while embracing a deflationary model with a burning mechanism that gradually reduces token circulation. This increases the value of VC Spectra.
Currently, VC Spectra (SPCT) is at its first stage of public presale and trading at $0.008. As the second presale stage approaches, it s likely to rise to $0.011, which is a whopping 37.5% surge.
Experts forecast that VC Spectra’s price will likely rise by 900% and reach its target price, $0.08, once it goes live on significant exchanges.
Fantom (FTM): Likely to Pay the Price
Although not directly targeted by the Avalanche system hack, Fantom (FTM), may experience indirect repercussions. The negative sentiment surrounding the Avalanche ecosystem following the breach of Avalanche could temporarily undermine investor confidence in the broader crypto community, including Fantom investors.
Currently, Multichain is also facing disruptions caused by hacking affecting Fantom. Based on their interconnectedness, this will have a downside impact on Fantom.
According to CoinGecko data, the token is valued at $0.272559, with a 24-hour trading volume of $83.17 M. Fantom is currently undergoing a bearish momentum of 16.57% from its seven-day all-time high of $0.3237. At the same time, this represents a 4.46% increase from Fantom’s seven-day all-time low of $0.2585.
While all might not be lost for Fantom (FTM), investors advise it might not be the best option on the market. Experts recommend you hedge yourself from crypto uncertainties by investing in VC Spectra instead.
Learn more about the VC Spectra presale here:
Altcoin Rally on Horizon – Maps Buy Levels For BNB, MATIC, SOL, LINK & AVAX Price
A prominent cryptocurrency analyst who goes by the handle Milkybull Crypto has turned to Twitter to discuss the potential for an upcoming altcoin rally in the event of a breakout.
https://twitter.com/MikybullCrypto/status/1663821237938708484
According to the analyst, if the ETHBTC ALTS indicators break out, there could be a possible altcoin rally. He also laid out his analysis of a few altcoins and requested that the community comment on which altcoins he should analyze.
The crypto analyst points out the possibility of an altcoin rally
Milkybull tweeted out his analysis of AVAX, BNB, LINK, NKN, SOL, RNDR, and MATIC. Speaking about AVAX, the analyst stated that AVAX is trying to find support at the highlighted level and is likely to be on an upward rally. BNB analysis reveals that there is an ascending triangle pattern forming on the daily, which could potentially see a breakout to $400.
According to the analyst, the current trading range for LINK is between $5.5 and $9.5. However, it’s worth noting that LINK is currently trading below the midrange. Milkybull has mentioned that NKN is showing bullish signs after experiencing a rebound within the demand zone at $0.17. On the other hand, MATIC is currently undergoing a pullback after reaching the supply level. The analyst suggests that this pullback presents a favorable opportunity to start buying.
The cryptocurrency market has gone plummeting, with the global market cap down by 2.46% in the last 24 hours. The global crypto market stands at $1.14 trillion. Bitcoin and Ethereum have lost 2.94% and 2.30%, respectively, in the last 24 hours, according to CoinMarketCap data. BTC is trading in the $27,000 range after breaching $28,000 for a short time in the last 24 hours.
ETH is not trading differently, as it dropped from the 24-hour high of $1,914 to a low of $1,860 before sliding up to the current price. Other altcoins don’t seem different, as most of them, including PEPE, are down by over 10% in the last 24 hours.
InQubeta (QUBE) Presale Gains Traction as Solana (SOL) and Avalanche (AVAX) Struggle in Recent Market Correction
In recent news, Solana (SOL) and Avalanche (AVAX) have both seen somewhat of a market correction in terms of investor interest… so, if you’re looking for an exciting new presale with a bright future, InQubeta is definitely one to consider.
What Makes InQubeta (QUBE) Stand Out?
InQubeta’s $QUBE tokens offer a unique investment opportunity due to their in-house deflationary mechanism. As a deflationary ERC20 token, $QUBE has a 2% tax on buy and sell transactions, contributing to a burn wallet that gradually reduces the token supply. This deflationary model has the potential to drive up the value of $QUBE over time, making it an attractive investment choice for those who believe in the growth and potential of AI start-ups.
This deflationary nature of $QUBE tokens sets them apart from traditional cryptocurrencies. As more tokens are burned, the circulating supply decreases, creating scarcity and potentially driving up the value of each token. This mechanism rewards long-term token holders and creates an environment that encourages investors to hold onto their $QUBE tokens, contributing to the overall stability and value of the ecosystem.
Additionally, $QUBE tokens offer an additional opportunity for investors to earn rewards through staking. By staking their tokens on the InQubeta platform, investors contribute to network security and performance while also earning rewards from the dedicated reward pool. This dual benefit of potential price appreciation and staking rewards makes $QUBE tokens an enticing choice for investors seeking both short-term and long-term gains.
This strong focus on being deflationary ensures that the value of $QUBE tokens aligns with the growth and success of the AI start-ups in its ecosystem. As the demand for AI technology continues to rise and more investors and start-ups participate in the platform, the scarcity and value of $QUBE tokens are expected to increase. Investing in $QUBE tokens allows individuals to become part of a thriving community supporting the future of AI technology.
What’s Wrong With SOL + AVAX?
Solana and Avalanche, two promising blockchain platforms, have faced their fair share of struggles in the market.
One key reason for the struggles of Solana and Avalanche lies in issues with reaching scalability goals. Both platforms aim to provide high transaction throughput and low fees, but they have faced difficulties in handling the growing demand. Solana experienced network outages and congestion during peak periods, leading to a decline in user experience and confidence. Avalanche, on the other hand, faced similar problems when its network became congested during one particular high-demand season, causing delays and increased fees.
Another factor impacting Solana and Avalanche is the lack of widespread adoption and developer support. Although both platforms have attracted attention and partnerships, they are still in the early stages of building their ecosystems. Ethereum, with its extensive developer community and established dApps, remains the preferred choice for many developers and users.
It is important to note that the struggles faced by Solana and Avalanche are not necessarily indicative of their long-term potential. Both platforms continue to make improvements to address scalability issues and attract more users and developers. However, overcoming the challenges posed by competition (like InQubeta) and achieving widespread adoption will be critical for their success in the highly competitive blockchain market.
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Chainlink (LINK) and Avalanche (AVAX) Lag Behind as Uwerx (WERX) Token Presale Gains Momentum
While the cryptocurrency market has seen a rise in interest in the presale of Uwerx (WERX), other established cryptos, such as Chainlink (LINK) and Avalanche (AVAX), have seen a relative slowdown. Continue reading to learn about some of the elements driving Uwerx’s popularity and how AVAX and LINK may be impacted in the rapidly evolving crypto industry.
Chainlink (LINK) Collaborates with Celo to Increase Sustainability but Faces Scalability and Hefty Costs
The Celo Blockchain project has formed a strategic relationship with Chainlink (LINK), the dominant decentralized oracle services provider, to promote the ecosystem’s long-term viability and rapid expansion. Although this project is fantastic, Chainlink’s (LINK) scalability issues and expensive costs have reduced investors’ interest.
However, the program might need the capacity to tackle all the challenges plaguing the blockchain sector. These problems have been alleviated to some degree by the Chainlink (LINK) SCALE program, which enables protocols to pay for running nodes on Chainlink (LINK) using fees created by utilizing the protocol.
The current asking price for Chainlink is $7.97. Compared to its all-time high value of $52.88, the price of Chainlink has decreased by 84.49%, which is a huge concern for its investors.
Avalanche Struggles to Catch Up with Ethereum
Avalanche is a competing smart contracting platform to Ethereum that offers transaction confirmation in milliseconds. However, given Avalanche’s advantageous scalability and relatively cheap transaction costs, it still needs to catch up to the original smart contracting platform, Ethereum, which has more users and is more actively developed.
Despite Circle’s (the company behind the stablecoin USDC) implementation of the Cross-Chain Transfer Protocol (CCTP), AVAX has stayed within its trading range and has been unable to make up for recent setbacks. This change in conditions has prompted speculation about the state of Avalanche generally since active addresses and users are inaccessible.
Price Prediction: Uwerx (WERX) Presale Gains Momentum as Alpha Launch Approaches
Despite other tokens lagging in price movement, Uwerx presale has enjoyed a tremendous uptick. A recent survey noted that 54% of HR professionals continue to use prop talent marketplaces, up from just 33% in 2021. Uwerx is positioned to offer clients a better talent pool with subsidized fees. This decentralized freelance platform on the Polygon (MATIC) network will charge just 1% compared to Upwork’s 10%.
It’s fascinating to see that while selling at $0.0225 in its Presale 4, WERX tokens have surpassed previous predictions—more than 68 million of these tokens have been sold. The overwhelming demand caused the team to increase the total token allocation to 77,500,000 instead of the previously planned 60,000,000 tokens sold in the fourth phase. News about the Alpha Version to be released on May 19th is a major catalyst behind the surge.
With more than 5,000 coin holders, the protocol has also been audited by SolidProof and InterFi Network. Plans are also in place to freeze founders’ tokens for 25 years after the presale ends. We anticipate a meteoric rise in this coin’s value to $1.89 by Q1 2024. With a 20% discount for early investors, there is never a better time to buy than now.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
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Chainlink (LINK) & Avalanche (AVAX) Flash Bullish Signals While PEPE May Continue Plunging Down
The crypto space has been trading more or less flat for a week as the bigger tokens have faced slashed volume and volatility. In the meantime, some of the altcoins are also displaying strength and the possibility of a bullish breakout soon. One of the popular analysts, Michael van de Poppe, charts some of these altcoins and marks the next possible target.
Chainlink (LINK)
Chainlink has been trading within pre-determined resistance and support levels, and after the recent rejection from the average levels, the price is heading toward the lower support. The bulls have been activated since the beginning of the month as the levels have maintained a stagnant trend. It could be a bullish sign, indicating the possibility of a bullish breakout.
The analyst marks two important support zones that may hold the price tight in the event of an extended bearish trend. However, the price may still undergo a bullish rebound, and in such a case, a breakout beyond $6.8 is paramount.
“Not showing much at this point, slight intra-day bounce, but needs continuation through breaking $6.85.
If that takes place, we can start seeing a rally towards range highs again.
Until then, focused on $6 and $5.5 for potential support areas,”
Avalanche (AVAX)
The Avalanche price is approaching the crucial support levels below $14, which is also the neckline of the double-top pattern. However, the price has triggered a rebound but has not yet been confirmed. The price has just risen above the loss-making area and is expected to procure significant profits in the coming days.
After withstanding massive bearish pressure, the price is now attempting a bullish rebound, similar to its previous attempt. The price surged gigantically high previously, and hence, a similar action is believed to replicate this time. If the same trend materializes, then the AVAX price may reclaim the lost levels beyond $17 initially and head to $20 later.
“This one is turning into a bullish divergence on higher timeframe support.
Nothing is confirmed as everything is tied to BTC, but reclaiming $14.80 would trigger strong confirmation on the bullish divergence for Avalanche,”
PEPE (PEPE)
The PEPE price maintained a huge upswing soon after its inception and marked its highest point by surging more than 1000% in just a few days. However, the trend has flipped now and has been shifted in favor of bears. Therefore, the PEPE price is believed to maintain a fine descending trend that may compel the price to test the lower support.
The PEPP price recently underwent a rejection as the bulls appeared to remain passive. Moreover, the volume has also faded, which may fuel the bearish influence of crypto.
“This chart continues the downtrend, which means that every block of resistance is basically as area to short, just like the 160000 area.
I’d prefer to see that reclaimed if you want to long, otherwise short until 147000 and 115000 or even 85000,”
Avalanche’s (AVAX) Rally Pales in Comparison to Yachtify’s (YCHT) Impending Surge
The blue-chip token today and other popular alt-coins and meme coins all started as presale projects. The significance of this is that early adopters or investors in any of these projects made it. Yachtify, another presale project with disruptive fundamentals, is about to launch, and investors are excited about the opportunity.
Yachtify (YCHT): Unprecedented Yacht-Investment Innovation to Enter Mainstream
A new sheriff is in town, and it is none other than Yachtify, the rave and buzz of the moment. Built on blockchain technology and leveraging the unique NFT tech, Yachtify is an investment platform where crypto enthusiasts can invest in an asset out of their dreams or imagination; yachts.
In an unprecedented move, Yachtify is crossing uncharted waters by bringing maritime investment in yachts—an industry dominated by the wealthy— to the public. Through the investment platform, investors will be able to own fractions of real-world, insured yachts represented as non-fungible tokens.
With as little as $100, investors can own bits of a yacht and earn from its charter. In addition, as a token holder, an investor is eligible to earn a revenue share of platform-generated fees, thereby providing multiple income streams. Furthermore, as a private existing yacht owner, they can list a minimum of 25% of their yachts for fractional sale.
Yachtify’s ongoing presale costs only $0.10, topped off by a 30% bonus for early investors. Further, the team’s completed KYC and three years token lock, a SolidProof smart contract audit, and the token’s lifetime liquidity lock make investments secure.
With Yachtify, investors can buy, sell, and rent all kinds of boats or yachts on the blockchain and make profits, which is where it draws its unique fundamentals.
Check out the link below to become an early investor and be a part of Yachtify’s growth:
Join the presale: https://buy.yachtify.market
Website: https://yachtify.market
Telegram: https://t.me/yachtify
Twitter: https://twitter.com/yachtify_market
Avalanche’s (AVAX) Price Rally Won’t Be as Significant Compared to Yachtify’s Presale
Avalanche (AVAX) recently integrated Chainlink’s (LINK) functions to bridge Web3 and Web2 to simplify the process of connecting Web3. The integration intends to allow developers to migrate Web2 APIs into its platform. This move has seen Avalanche (AVAX) take a significant step towards the global adoption of Web3 technology.
With this integration, Chainlink (LINK) developers will be able to access and seamlessly utilize external data sources, enabling them to build state-of-the-art dApps on the Avalanche (AVAX) network. Furthermore, developers will be able to fully harness the power of blockchain technology through integration.
This initiative, which represents a significant milestone in the Avalanche (AVAX) ecosystem, will unlock new and exciting use cases for smart contracts on the Avalanche (AVAX) chain.
The integration of Chainlink (LINK) and Avalanche (AVAX) caused a surge in the price of the latter but has returned to a downtrend. At the time of publication, Avalanche (AVAX) is trading at $15.7, with a 5.6% decline in the past 24 hours and a 6.7% drop in the last 7 days.
Although an Avalanche (AVAX) rally is imminent, its potential growth isn’t as significant as that of Yachtify, which analysts have termed the next blue-chip token because of its unique fundamentals.
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Fantom (FTM), Avalanche (AVAX), And Collateral Network (COLT) Are Experts’ Top Cryptocurrency Picks For 2023
As the cryptocurrency landscape continues evolving, investors are constantly looking for the next big thing. With 2023 upon us, experts have identified three cryptocurrencies that are generating significant interest: Fantom (FTM), Avalanche (AVAX) and Collateral Network (COLT), the latter being a recent project that is set to explode by over 3500% in the coming weeks due to its immense popularity and real-world use cases. Let’s find out more.
Fantom (FTM)
According to Coinpedia, Fantom (FTM) price could claim a potential high of $0.62 by the end of 2023 and reach a maximum of $4.45 by the end of 2030. In addition, Crypto Reporter PR has listed Fantom (FTM) as one of their top picks for scalable and fast transactions in 2023.
Fantom (FTM) is based on a novel consensus method known as ‘Lachesis,’ one of its many enticing features. The technique does not need miners because many validators add fresh blocks to the chain and are compensated with Fantom (FTM) coins.
Suppose the environment is favourable to the Fantom (FTM) vision. In that case, the community’s stance and programs like incentive schemes will all be advantageous and could quicken the protocol’s acceptance, which might attract more new investors. As a result, the Fantom (FTM) price could spike to its $0.62 annual closing goal.
On the other hand, if things don’t go as expected and the digital asset is exposed to unfavourable press and FUD, the Fantom (FTM) currency’s price would stabilise at its possible low of $0.35. However, considering all factors, a promising average price for digital currency might be $0.48.
Avalanche (AVAX)
According to crypto experts, Avalanche (AVAX) is expected to have an average rate of $15.94 in March 2023 with a potential ROI of 6.8%. The minimum and maximum prices can be expected at $14.42 and $16.39, respectively.
Avalanche (AVAX) has opened 2023 with a bang, rising nearly 55% in the first two weeks. According to market experts Crypto Vault, Avalanche (AVAX) can reach $104.70 by 2031, and it could reach as high as $48.28 by the end of 2025.
The most recent data shows the Avalanche (AVAX) trading volume has grown over the last four months. The current pricing is heavily influenced by the market’s size and overall supply.
Famous cryptocurrency investing company Valkyrie announced on May 4th 2022, that it intended to introduce an Avalanche Trust for corporate wagers on the chain’s native AVAX token. Additionally, this will increase the exposure of Valkyrie shareholders to the Avalanche (AVAX) blockchain platform. As new opportunities become available, future Avalanche (AVAX) ecosystem projects will likely benefit from this cooperation with Valkyrie.
Collateral Network (COLT)
Collateral Network (COLT) is a decentralised crowdlending platform that enables anybody to borrow crypto against real world physical assets. Collateral Network has a strong foundation and good long-term growth prospects, which have led to a 35x predicted price increase.
This is executed by minting NFTs that accurately depict the physical form of the asset that a borrower on the platform is using as collateral to obtain a loan. These NFTs are fractionalized into smaller units allowing multiple lenders to fund loans in smaller amounts and still receive a predetermined interest rate from the borrower. After the loan has been paid back, the NFT is burned and the asset is returned to the original borrower.
For both borrowers and lenders, introducing off-chain items on-chain is an innovative approach. Borrowers can obtain funds from anybody without geographical restrictions. In 24 hours, money can be sent covertly without impacting their credit score.
Because Collateral Network (COLT) enables various people to fund the loans, borrowers utilising the crowdlending system now have the chance to enjoy institutional-level liquidity. Lenders effectively can become their own bank and participate in the lucrative lending industry while earning passive income.
COLT tokens can be purchased at a discounted rate of just $0.014 during the second round of the ongoing presale, offering an alluring opportunity for early investors. The Collateral Network (COLT) presale is expected to increase by 3500%.
If you wish to purchase the $COLT token for only $0.014, follow the links below and take advantage of this unique opportunity to earn an extra 40% purchase bonus on your investment!
Read more about the COLT presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
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Avalanche (AVAX) Price Prediction And Uwerx (WERX) Presale
Crypto has left the macro bottoms well behind, and most tokens have doubled in value since their respective bottoms. Most market participants believe the bear market has finished, and with all leverage flushed out of the space, the time for new projects to begin exciting price discoveries begins. One such project is Uwerx, aiming incredibly high, and analysts weighed in with a more conservative price prediction for Avalanche (AVAX).
Avalanche (AVAX) Price Prediction
Avalanche (AVAX) launched in 2020, and Avalanche (AVAX) quickly became a popular chain amongst DeFi enthusiasts. In truth, Avalanche (AVAX) was well ahead of its competition when it launched, and its continued existence points to its enduring value proposition. Avalanche (AVAX) features three distinct blockchains, but the most interesting part of the Avalanche (AVAX) is the ability for users to create subnets. Avalanche (AVAX) allows essentially limitless scalability through the creation of unique subnets where builders can create highly specialized chains.
Avalanche (AVAX) trades at $10.11, and many analysts expect that Avalanche (AVAX) could well reach $60 by the end of Q3 2023 without facing any severe retracements. Avalanche (AVAX), however, does face increased competition from alternative Layer One blockchains, and, more pressingly, the considerable popularity of layer two scaling solutions.
The Uwerx (WERX) Presale
Uwerx has opened up its presale and offers open access to the WERX token that exposes investors to the creation and development of a decentralized freelancing marketplace. Freelancing contributions to GDP, the number of freelancers, and the revenue made by freelance marketplaces have all been in an upwards tear.
According to Forbes, Upwork’s Future Workforce Report found that 69% of hiring managers anticipated hiring more freelance workers in the next six months. This takes place in the same macroeconomic environment when traditional companies have been making huge layoffs. Freelance represents a fundamental change in how people choose to work and will be a continuing growth area this decade.
Uwerx will create an alternative to the modern incumbents, reducing platform fees by 75%, protecting intellectual property rights, removing instances of fraud, and ensuring timely payments to all workers instead of long-drawn-out escrow services. The protocol has already been audited by SolidProof, InterFi Network, and the team has announced a twenty-five year liquidity lock when the presale finishes. All excellent signs for the long-term growth of the protocol.
Why Buy Uwerx (WERX) Today?
Uwerx is a disruptor looking to permanently change the modus operandi of freelancing marketplaces and usher the industry into the modern age. Analysts have pointed to the market fit of Uwerx compared to its conservative competition, its technological edge, and the tangible possibility for this nascent microcap to become an established player in the freelance economy.
These factors led analysts to predict that the WERX token could rally 4,100% within the first three months after launch.
Participating in the presale gives investors a stake in the future of freelancing marketplaces; follow the links below to join the journey before the scheduled price increase and bonus reduction later on today.
Find Out More Here:
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
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Cardano (ADA) and Avalanche (AVAX) Flat Prices, Sparklo (SPRK) Presale Continues to Boom
Sparklo is close to writing a new presale success, as many investors are more than willing to pump this project with millions. This is highly attributed to Sparklo’s growth projection of 4,000%.
Therefore, for investors looking to make a vast yet reliable investment, make sure you book the Sparklo presale tokens now, that they are being sold at an excellent price of just $0.015 before it’s late. Sparklo is expected to thrive more than some established coins, including Cardano (ADA) and Avalanche (AVAX), as these cryptos fail to gather the right momentum as Saprklo.
Is ADA TVL On the Rise?
Well, recent information from DeFi Llama indicates that Cardano (ADA) TVL network seems to have increased by 26% within the past 30 days. This is a significant increase in Cardano’s (ADA) network. According to the analysts, there are lots of reasons behind this rise, including the network’s latest collaborations and the Cardano (ADA) thriving developer community.
TapTools also asserted similar sentiments in a new tweet. The tweet’s sentiments highlighted that Cardano (ADA) TVL would witness exponential growth within the coming months. This projection comes as a respite to all Cardano (ADA) communities falling a huge loss that affected more than 70% of Cardano (ADA) holders. As ADA continues to witness an increase of up to 22% in price, the question remains whether the coin will continue to experience such an increase in the future or will it, at one point, resume its dipping nature.
Avalanche (AVAX) Price Analysis
Avalanche (AVAX) price predictions seem to bearish after its significant drop on 19th April. It continued to dip even further to $19.12 within the past 24 hours. Avalanche (AVAX) is also expected to experience a quicker retracement before it can attempt to rebound, meaning the near-term bulls will have to wait for the rebound before entering the crypto market.
This means that Avalanche (AVAX) hopes highly depend on the uprising of a new catalyst that can indicate a significant change in the market sentiment. If Avalanche (AVAX) current trends withhold, it could even drop further to the support levels of $18.79. Nevertheless, there exists a possibility of a slow bullish momentum if investors enter the Avalanche (AVAX) market—something that might push AVAX slightly above the resistance level of under$21.
Why Sparklo (SPRK) Is the Future
As world investments evolve, fractional ownerships are taking shape and becoming a game changer. It offers investors a great opportunity of gaining access to various alternative assets. Sparklo, an innovative crypto project, will reshape precious metal investments by providing a unique platform for different fractional metals investing, including gold, platinum and silver.
With a presale token price of just $0.015 and the price will be increasing by the end of the week to $0.017, Sparklo seems to pave a stable future for special metal investing—something that will provide investors with a secure yet accessible platform across the globe.
The best part about SRPK is that it will have a liquidity lock of 100 years, making it safe and reliable for investors. The future is here, and you should grab the chance as early as possible by investing in SPRK.
Website: https://sparklo.finance
Buy Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
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Top Protocols To Watch Ethereum (ETH), Avalanche (AVAX), and Uwerx (WERX)
The crypto space continues to heat up as inflation cools. Jerome Powell is coming closer to reversing his economic policy, and when quantitative easing starts again, investors will have missed huge gains from the reversal. Seasoned traders and investors know that finding protocols with certified use cases and solid fundamentals early will always yield the most significant profits. Ethereum (ETH), Avalanche (AVAX), and Uwerx are three projects every investor should have in their portfolio.
Ethereum (ETH)
Ethereum (ETH) is a respected blue-chip asset. Ethereum (ETH) launched in 2015 and has been a pivotal player in the space since. Ethereum (ETH) got a tokenomics upgrade in 2022 with the transition to proof of stake, and now Ethereum (ETH) has entered a new deflationary era. Ethereum (ETH) developers continue to work around the clock to push Ethereum (ETH) withdrawals in the Shanghai hard fork upgrade expected at the end of Q1 2023. Ethereum (ETH) holders gain exposure to the returns of DeFi, and Ethereum (ETH) is an asset every crypto owner should hold. However, due to its massive market cap, the potential to make life-changing returns has already been and gone, and investors should look to lesser-known projects such as Uwerx to secure more explosive gains.
Avalanche (AVAX)
Avalanche (AVAX) is an alternative layer one blockchain that delivers rapid transaction finality and low gas fees. Avalanche (AVAX) has three core blockchains, and Avalanche (AVAX) subnets allow the creation of an infinite number of customizable blockchains. Avalanche (AVAX) recently made headlines due to its partnership with Amazon Web Services, which will make it easier and more accessible to run an Avalanche (AXAV) node. Avalanche (AVAX) has always committed to decentralization, and Avalanche (AVAX) will absorb a significant portion of the swell of capital looking to enter DeFi, leading analysts to predict a solid rally for Avalanche (AVAX) in 2023.
Uwerx (WERX)
Uwerx will create and deploy a decentralized marketplace for freelancers. The freelance industry contributes more than $1 trillion to the United States economy each year, and has been the fastest-growing sector of the jobs market. However, despite making record profits, there has been a total lack of innovation from traditional freelance marketplaces such as Upwork. Uwerx brings blockchain technology to the freelancing industry and replaces centralized intermediaries with smart contracts.
InterFi Network has already approved the project’s audit, and the team has proved their sincerity and dedication by enforcing a 25-year liquidity lock after the presale ends.
By leveraging smart contracts, Uwerx provides a more secure and trusted service and reduces typical platform fees by 75%. Uwerx allows freelancers and employers to connect and removes the need for a rent-seeking middleman to provide escrow services. Uwerx will streamline the industry and lead a new standard. Many analysts expect millions of workers globally to use the platform, which could lead the WERX token to rally as much as 8,000% throughout 2023.
Investors Need To Watch Uwerx (WERX) In 2023
Investors who find projects with solid fundamentals early walk away with insane profits when the protocols break into the mainstream. Ethereum (ETH) and Avalanche (AVAX) have already gained widespread adoption. Thus, their upside potential cannot compare to Uwerx- a token that might become a blue chip before the end of 2023! Earn a 25% purchase bonus as well as a chance to win $5,000 by following up below.
Find Out More Here:
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network
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As Avalanche (AVAX) and Cosmos (ATOM) Falter, Sparklo (SPRK) Offers a Beacon of Hope
In a fluctuating crypto market where prominent players like Avalanche (AVAX) and Cosmos (ATOM) struggle to maintain their footing, Sparklo (SPRK) emerges as a shining beacon of hope for investors.
Bolstered by a distinctive investment strategy and an unyielding dedication to user satisfaction, Sparklo’s cutting-edge platform offers a breath of fresh air for investors yearning for both stability and growth prospects. As this trailblazer reshapes the crypto arena, now is the moment to delve into the factors that set it apart and the promising horizons it may unveil for investors in the days ahead.
Avalanche (AVAX) impeded by non-efficiency
A recent bug, incited by an unprecedented surge in transaction volume, has left the Avalanche (AVAX) blockchain struggling to maintain efficiency. Though funds remained secure, the episode has sparked apprehension regarding the blockchain’s future capabilities, particularly as 2023 unfolds. Consequently, investors and users are gravitating toward innovative alternatives like Sparklo.
Avalanche (AVAX) was previously lauded for its high transaction throughput and dubbed as an “Ethereum killer,” Avalanche (AVAX) recent stumble has tempered expectations surrounding the platform’s scalability. Despite Avalanche (AVAX) auspicious debut and influential supporters, this setback underscores the inherent risks associated with blockchain technology and the critical need for continuous development and maintenance.
Cosmos Falters
Cosmos (ATOM), once a shining star in the blockchain cosmos, has encountered a series of challenges that have resulted in a noticeable decline in performance. Cosmos (ATOM), a once-promising decentralized platform, now struggles to maintain investor confidence and market relevance, as newer, more innovative alternatives, such as Sparklo, vie for the spotlight.
As the landscape of digital assets and blockchain technology evolves, Cosmos (ATOM) must confront the stark reality of its faltering position. This Cosmos (ATOM) period of uncertainty emphasizes the importance of continuous innovation and adaptability in the ever-changing world of cryptocurrencies. Will the mood of Cosmos (ATOM) investors ever improve? only time will tell.
Presale Crypto Looks Good Value to do a 100x in 2023
Amidst the ever-changing landscape of cryptocurrencies, Sparklo emerges as a beacon of opportunity, capturing the curiosity of investors and crypto enthusiasts alike. Its innovative investment approach and robust platform set the stage for this presale crypto to potentially achieve a 100x return by 2023.
Sparklo distinguishes itself from the competition with its unique value proposition, providing investors access to the lucrative world of digital assets. A comprehensive auditing process ensures the integrity of the platform, further bolstering investor confidence. Additionally, the presale price of $0.015 offers an enticing entry point for those seeking substantial returns in the coming years.
As the crypto market forges ahead, Sparklo stands poised to make a significant impact. Its state-of-the-art platform, diverse investment options, and dedicated team are the perfect ingredients for a powerful and profitable future.
Find out more about the presale:
Buy Presale: https://invest.sparklo.finance
Website: https://sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
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Uwerx (WERX) Expected To Be A Great Alternative For Cosmos (ATOM) And Avalanche (AVAX) Holders
Are Cosmos Hub (ATOM) and Avalanche (AVAX) no longer profitable for you? We want to introduce Uwerx – a new presale project expected to become a top 10 coin in 2023! In this article, we will look at the future outlook of these coins and how they compare to each other.
Uwerx (WERX) Aims To Change The Freelance Sector
The freelance industry has been booming since the 2020 global pandemic. Unfortunately, the freelancing sector is riddled with fraud, high costs, and record tampering. But, Uwerx will solve all these problems by building its freelance platform on a blockchain!
Blockchain technology will eliminate a third-party escrow service cheapening fees; smart contracts will eliminate scams, and blockchain data storage will eliminate record-tampering. Uwerx will be the first platform to do this, giving it a competitive edge over prominent platforms like Freelancer.com and Upwork.
Uwerx is in phase 1 of its presale with a coin price of just $0.0065. This is an excellent entry point into a project that may reach $2.80 by mid-2023.
Cosmos Hub (ATOM) Shows A Slight Surge
Independent blockchain compatibility is made possible by Cosmos Hub (ATOM). The Cosmos Hub (ATOM) coin is employed for transaction payments and governance on the Cosmos network.
In recent developments, Gemini announced that they would add support for the Cosmos Hubs Hub (ATOM) network. This, in turn, caused a rally in the Cosmos Hub (ATOM) price charts as the token rose by 20% in the past week alone. Currently, Cosmos Hub (ATOM) is trading at $12.37, the question is, can Cosmos Hub (ATOM) maintain this rally? Many analysts predict the rally will be a tiny jump compared to the Uwerx presale, even if it does.
Avalanche (AVAX) On A Upward Trajectory
Ava Labs developed the decentralized blockchain called Avalanche (AVAX) to outperform the Ethereum network. Like every other coin, the Avalanche (AVAX) token is used for security and payments on the network.
Avalanche (AVAX) is currently worth $20.58, this bullish trend can be attributed to a recent Amazon Web Services partnership with Avalanche (AVAX). With this partnership, the Avalanche (AVAX) infrastructure and environment for decentralized applications will be supported by AWS.
Due to a lack of use cases, many investors are looking for new projects such as Uwerx, that may show more significant potential, follow the links below to participate and earn a 25% bonus and the ongoing competition to win $5000 in WERX tokens:
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/
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DigiToads (TOADS) Trends Above Cardano (ADA) and Avalanche (AVAX) Following $1M+ Of Investment Despite Market Turmoil
Despite the waving condition in the crypto market, new projects are constantly emerging and vying for attention in an increasingly crowded market. To cut through the noise, investors should keep an eye on new cryptos with exceptional functionalities, as they will likely become one of the best cryptocurrencies to invest in. One of the latest cryptos currently gaining massive attention is DigiToads (TOADS).
As a DeFi token, DigiToads (TOADS) combines NFT staking, P2E gaming, and other unique features to keep users ever excited. This article will consider how DigiToads trends above Cardano and Avalanche to raise over $1m just in presale.
DigiToads (TOADS) Remains Unstoppable In Presale Growth
As the demand for young, successful altcoins increases among investors, there is a need to consider DigiToads (TOADS). While DigiToads is still new in crypto, analysis reveals it as a potential coin with great benefits.
DigiToads (TOADS) is a DeFi token built on the Ethereum (ETH) blockchain. The DigiToads platform is designed to help users navigate the crypto space while earning extra income from different features. Cryptocurrency enthusiasts who derive pleasure from gaming can do so while earning good money from TOADS P2E gaming.
Here, players must purchase their digital companions using the TOADS token. However, players can also win or trade their companions as an alternative option. Players who make it to the top 25% of the leaderboard each season are selected to receive TOADS rewards. DigiToads (TOADS) is rated as one of the best altcoins with higher user benefits.
DigiToads (TOADS) token holders can also gain residual income by participating in the on-chain trading competition. The platform seeks to reward monthly competition winners with 1 of the 12 platinum TOADS Treasury. This grants the winner access to many benefits, including 10% of the profits made by the Treasury.
While DigiToads (TOADS) cryptocurrency holders can stake their NFT collections, participate in community governance, and gain access to the TOADS metaverse, each holder also receives countless rewards. 10% of the monthly funds raised will be distributed to its users as airdrops. This might be an excellent opportunity for newbies to scale through their crypto journey, as the altcoin has already recorded over $1 million in presale growth.
Can Cardano (ADA) Still Receive Attention After The Emergence of DigiToads (TOADS)?
According to the market cap, Cardano (ADA) is one of the top cryptocurrencies. It was created as an open-source project to enhance the implementation of positive global change. It works based on the proof-of-stake algorithm, which is less energy-demanding. Cardano can be accessed on different platforms, including CoinMarketCap and KuCoin.
Cardano (ADA) has been recognized among top investors. However, since ADA is yet to cross the $1 mark, investors are likely to consider DigiToads (TOADS).
Avalanche (AVAX): The Layer One Blockchain With Real-world Solution
Avalanche (AVAX) is a known crypto project that strives to replace Ethereum (ETH). Avalanche is similar to Ethereum, and it serves as a layer one blockchain to support the building of decentralized applications (DApps).
Avalanche (AVAX) has three individual blockchains: the X-Chain, the C-Chain, and the P-Chain, which are designed to function separately to enhance the productivity of the Avalanche network. The AVAX cryptocurrency can be bought and exchanged on different decentralized platforms.
After the massive growth recorded, there is no doubt that DigiToads is becoming more popular than Cardano and Avalanche. As more purchases are registered daily, TOADS is listed as one of the best cryptocurrencies to invest in. This might be the opportunity to get everything right in your crypto endeavours.
For More Information on DigiToads visit the website, join the presale or join the community for regular updates.
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Hedera (HBAR) and Avalanche (AVAX) Face Smart Contract Competition. Uwerx (WERX) Can Soar Without Challengers
In the cryptocurrency market, many investors crowd into spaces where tough competition exists. Take smart contracts for example, where Ethereum is the dominant player. Rival projects seek to take its throne with Avalanche (AVAX) and Hedera (HBAR) being two of the challengers. Uwerx is a better opportunity because it is set to rise unchallenged in a rapidly growing market. Read on to find out why analysts see a return of 8,500%.
Avalanche (AVAX) Makes a Strong Start to 2023
Avalanche (AVAX) started the new year strongly with news that it had been selected by e-commerce giant Amazon to lead its smart contract capabilities. That is a big seal of approval and could lead to follow-up deals. Amazon’s web services were looking for a default blockchain platform and shunned the likes of Ethereum (ETH) to select Avalanche (AVAX). The smart contracts will be used to run financial transactions and ownership transfers with real-time market data. Ava Labs, which develops Avalanche, said that developers on the chain would also benefit from AWS assets and features.
“AWS is so valuable as it streamlines developers being able to go from zero to in-production with dedicated infrastructure,” said Ava Labs President John Wu. Avalanche also announced in early 2023 that it had completed its 1 billionth transaction on the blockchain and the project will look to build on these positives. These updates have led key cryptocurrency figures to believe that Avalanche (AVAX) could rise to between the $21 and $23 level by mid 2024.
Hedera (HBAR) has the Support of Big Names
Hedera (HBAR) was hard hit in the 2021 bear market with a price drop from $0.50 to $0.044. The Hedera(HBAR) project is aiming to be a disruptor in smart contracts but there is already competition in that space. These types of projects need to see big traction in developer and user numbers and that can be a slow process when you are up against the likes of Ethereum. Hedera (HBAR) stands on a platform of smart contracts that are “smarter” with speeds of 10x available. Analysts believe that Hedera (HBAR) could see heights of $0.06 – $0.07 in the next bull run.
Hedera (HBAR) is tackling this with a platform that can diversify into other areas. Non-fungible tokens are one area and a project insider recently talked of the news that tech giant LG is rolling out its new television technology which will integrate the HBAR NFT marketplace. The TVs would also allow users to display their NFT collection. That could eventually boost HBAR due to the large market reach that LG has in the home appliance world.
Uwerx (WERX) Can Disrupt Freelance Platforms
Uwerx has the potential to bring big rewards for investors in 2023 and climb the ranks of the top crypto projects. Uwerx is building a platform that will disrupt the booming market for the gig economy. Uwerx will shake up the sector with a decentralized platform which can upset the current Web2 players. The current market leaders have faced criticism in the past for fee gouging and slow payments. Uwerx is the solution with a platform that can benefit both employers and workers.
Uwerx is a secure investment as it recently passed an audit with InterFi Network and Solidproof audits and there is added security from a 25-year lock-up period for developer funds raised in the presale. The gig economy is moving ahead quickly due to events like the pandemic which has fundamentally changed working habits. Uwerx can tap into that growth and deliver benefits to grab market share.
We feel that Uwerx has all the hallmarks of a project with huge potential and will likely become a dominating force in the freelancing industry with its fundamental advantages over traditional freelancing platforms. Investors can get WERX in the current token presale by following the links below – some analysts see the coin rising to $1.30 – $1.80 by 2024.
Presale: invest.uwerx.network
Telegram: https://t.me/uwerx_network
Twitter: https://twitter.com/uwerx_network
Website: https://www.uwerx.network/
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Altcoins That May Explode By the End of Q2 2023; LINK, AVAX, LRC
As the altcoins are gaining some traction, the possibility of a significant upswing may be on its way out. In such cases, the prices of altcoins are believed to leap forward regardless of the volatility of the price of Bitcoin.
Chainlink (LINK)
Chainlink price continues to remain stuck within the narrow regions that it began in early March 2023. The price is believed to advance within the consolidation phase as both buyers and sellers are slowly pushed toward each other. Moreover, the lower highs and lows are converging which signals a breakout to occur very soon.
The LINK price is very close to the apex of the symmetrical consolidation, which is usually considered decisive. Meanwhile, the ADX, which signifies the strength of the rally, is slowly rising, indicating the price may undergo a bullish breakout very soon. Therefore, a notable upswing can be expected that may trigger a rally beyond $8.20 initially but also flashes the chances of dropping to $7.
Avalanche (AVAX)
The Avalanche price is also consolidating within an ascending triangle but has managed to breach the horizontal blockade at $17.78. The price has retraced lower due to the short-term bearish outlook and is currently trading along the interim resistance levels. If the bulls successfully maintain their strength, then the price may breach through the ascending triangle set up to hit $20, which may further attract retracement.
Although the bullish outlook appears to be well in place, investors are required to pay close attention to the support levels at $17. A breakdown below these levels may invalidate the ascending triangle setup and also the bullish thesis for the Avalanche price.
Loopring (LRC)
A similar formation is witnessed with the LRC price in the short-term as the price has been forming equal highs and lows. An extended consolidation may indicate the LRC price is getting squeezed and may be advancing towards a decisive close. A close beyond $0.37 may confirm a breakout.
In case the bulls fail to withstand the selling pressure, the LRC price may invalidate the bullish thesis. Moreover, if the price marks a low below $0.34, the market structure may make a huge shift in favor of the bears. In such a case, the LRC price may tumble down to a new low of $0.32.