The altcoin market is buzzing with excitement as the Aptos token’s price surges exponentially and sparks bullish expectations among its investors. In recent weeks, the APT price has touched multiple highs and aims to extend its bullish momentum further as it shows no sign of slowing down. The astronomical pump in the Aptos price chart has confused investors about whether it is the right time to cash out in profit or hold in the long term for potential gain.
Is Aptos The New Hype?
The Aptos network, which is an upgradeable layer-1 blockchain, has been continuously breaking its all-time in the price graph. In the last 30 days, the token has gained over 400% in value and continues to draw investors’ attention to bring enough liquidity and buying pressure in the price chart.
Aptos has become a sensation in the crypto market as it recently rolled out an announcement of making its smart contracts code open source. Through this development, the Aptos network will head toward achieving more decentralization and will encrypt customizable contracts, creating more reasons for the APT price to hold its upward rally.
Aptos is positioning itself as a leader in the layer-1 blockchain sector and giving ruthless competition to Ethereum and Solana. The Aptos market is responding positively to the recent developments, which has brought a significant upward rally and assured analysts of a beginning of an uptrend.
What Lies Ahead For Aptos Price?
As the Aptos price takes the market by storm, a FUD sentiment arises among investors if the run-up may come to an end. Moreover, technical indicators and on-chain metrics suggest that the APT price has reached its historical local top, and a bottom price range may be on the horizon with a quick sell-off.
According to CoinMarketCap, the Aptos token currently trades at $18.71, uptaking over 17% in the last 24 hours. A well-known crypto trader, PS Trade, predicts that the Aptos token is waiting for a downward correction after a cooldown in its recent surge.
The analyst predicted that Aptos might witness a selling region after peaking at a price range of $23-$29, from which the APT token may aim for a bearish reversal to the bottom level of $8-$10.
However, investors need to stay cautious despite an overall bullish trend in the market, as turmoil in the BTC price chart may create a 180-flip situation for the APT token price.
The crypto market started the new year with a surge that not many saw coming. Bitcoin and Ether reached and breached some pretty impressive critical support levels. Excitement has washed over the crypto community as traders and investors rush to make the most out of the bullish action.
We Are in the Disbelief Phase
Some rejoice at the prolonged bear market finally coming to an end, however, many seem to be wary of the spike and seem to liken it to a bull trap. Several market experts have warned that the bear market is not yet over, making it clear that we’re now in what is known as the “Disbelief phase”.
At the time of writing this article, BTC is hovering around $22,650, having been up by nearly 10% in the previous seven days. At some point, the king coin even breached the $23k mark a few times and seems to have currently found support at $22,600.
As for Ether, it started out with a massive spike like Bitcoin’s. However, at the time of writing, it is currently in the red. Notably, the world’s largest altcoin has managed to maintain its spot at the $1,500 resistance level and is only down by 1.6% in the past week.
Despite the overall decent gains from the entire market, with the global crypto market cap going over $1 trillion for the first time in what feels like quite a long time, market experts like Toni Ghinea seem to think the rises are nothing but a bull trap.
Ghinea is still predicting a $600 Ether and BTC will fall back to $11k. According to the analyst, the bears will “wake up from hibernation” in March. On the other hand, popular analyst Michael van de Poppe believes that Ether will see an even more massive breakout towards the middle of the year.
He has said that:
“Some slow grind upwards and then one more sweep in the coming days and the correction should be over and we’ll continue the party.”
According to van de Poppe, Bitcoin could rally up to $35,000 and altcoins will spike up too. He did say, however, that the end of the year might be a bit hard, but he believes the market will quickly bounce back from it.
Bitcoin price has gained approximately 1.52 percent in the past 24 hours to trade around $23,115.25 during the early Asian market on Tuesday. The recent rally has pushed Bitcoin price out of a falling trend that lasted over a year.
However, Glassnode analysts are warning the market has not signaled clear price action for traders to buy in at current levels. Moreover, Glassnode highlighted that Bitcoin miners and holders may be motivated to take some profits after the 2022 bear market.
“The recent price recovery from the December lows to over $23.2k has significantly improved investor profitability across the board,” Glassnode noted.
According to the on-chain analytic firm, the 2022 bear market has portrayed similar attributes to the 2018/2019 one. As such, the firm has noted that Bitcoin price will completely be out of the woods at around $28.3k.
From the holders’ profitability scale, Glassnode noted that the recent rally from $16.9k to $23.1k has increased the supply of traders’ profits from 55 percent to 67 percent. Reportedly, long-term holders are above their break-even price of about $22.6k
“After 6.5 months, the market price has finally recovered above the long-term holders’ cost basis at $22.6k. This denotes that the average LTH is only just above their break-even basis,” the firm noted.
Interestingly, short-term holders and Bitcoin miners are selling part of the bag to take some profits. With a notable recovery in Bitcoin miners’ balance sheet, Glassnode noted that the resulting behavior shift has switched from the accumulation of over 8.5k BTC/month to the distribution of negative 1.6k BTC/month. Reportedly, Bitcoin miners spent approximately -5.6k BTC since January 8 and have experienced a net balance decline YTD.
Top Analyst Predict Bullish Continuations for XRP, APT & FTM- Is This the Beginning of Altseason or a Bull Trap?
The crypto markets traded sideways throughout the past weekend as the price of the major tokens appears to have been fluctuating within a range. The BTC price is also unable to breach the crucial resistance at $23,000, which was expected to be cleared quickly after clearing the pivotal zones at around $22,800.
However, some of the altcoins are displaying immense potential to rise beyond the resistance and maintain a notable upswing in the coming days. A popular analyst, Micheal van de Poppe, believes these tokens may maintain bullish momentum and clear the barrier soon.
Here’s his outlook on the key altcoins you need to keep a watch on for now.
Ripple has been showing significant strength which led to a 30% upswing in the past couple of weeks and uplifted the price beyond the crucial levels of $0.42. After the fresh upswing, the XRP price is believed to experience a minor pullback below $0.4 regions which may further trigger a strong recovery.
“That worked out for XRP
Now, I’d like to see $0.395 and hold as support
It not, then I’d be looking at $0.35 next,”
The Fantom price surpassed the main target by close to $0.25 and surged heavily to reach $0.4. Currently, the asset is facing some bearish action, which is preventing the price from rising above the highs.
However, the bulls are resilient and have been able to hold the price close to $0.4 which elevates the possibility of a bullish breakout in the next few hours.
“ This one should provide continuation in the coming week, but preferably I’d be cautious here too.
Aggro entry zone is around $0.34, which is a must-hold. Did give a bounce already.
Conservative long approach around $0.305,”
Aptos price, after a massive start in November, maintained a descending trend and within a very narrow range. The trading volume also remained extremely low due to which the price maintained involatile. However, the trend flipped heavily since the start of 2023. The bullish volume exploded and the momentum remained elevated.
“ This one has been accelerating quiet fast and I’m getting comments whether it can reach $360 this year.
Time to be conservative on this asset.
Aggro entry approach-$11.25
Defensive entry approach- $8.25 – $9.
Going to be incredibly interesting market,”
Bitcoin price after surging above $18,000 to mark highs at $18,385 is facing some bearish action, due to which the price has dropped slightly. However, the price of the majority of the altcoins has been inflated to a large extent. The ETH price swelled beyond $1400 while DOGE made it above $0.08. Meanwhile, Polkadot surged beyond $5 & XRP marked the day’s highs around $0.3816.
However, while the speculation of a short-term bounce also hovers the rally, some of the altcoins like APE. DyDx, GMT, and SAND manifest the possibility of a bull run in the coming month.
A well-known analyst, Mac, tells his 348K followers that some of the tokens with 100% inflation are closer to undergoing a breakout in the coming days.
The analyst mentions 4 tokens, among which Apecoin is predicted to surge and ignite a notable upswing in the next few days. While the other tokens like DyDx, STEPN(GMT), and the Sandbox (SAND) prices are believed to soar high in the month of February.
However, many speculations have making rounds within the crypto space in recent times. Some believe the current upswing may continue for another couple of months, while other analysts speculate the bullish trap being laid as the markets may be ‘hammered’ very soon.
Besides, US CPI rates are set to hit the markets any moment from now which is believed to have a major impact on the Bitcoin price as well as the entire crypto space. If the CPI rates come out similar to the predicted at 6.5%, then the markets may enjoy another leg towards the north.
On July 19, 2023, Litecoin (LTC), a cryptocurrency inspired by Bitcoin, will undergo its third halving. At a block height of 2,520,000, Litecoin miners will begin receiving a block reward of 6.25 LTC, down from the current reward of 12.5 LTC. This event is highly anticipated by market analysts, as they predict that Litecoin’s price actions may mirror those of Bitcoin during its halving events.
According to the crypto trader and analyst Rekt Capital, Litecoin’s price action has demonstrated a consistent trend in the lead-up to and aftermath of halving events. Additionally, the reduction in the supply of Litecoin during this event has caused increased speculation among crypto traders.
“Litecoin tends to rally quite strongly prior to its Halving,” notes Rekt Capital. “Prior to Halving 1, LTC bottomed 122 days and rallied +820 per cent. Prior to Halving 2, LTC bottomed 243 days and rallied +550 per cent.”
Signs of a rally in anticipation of the halving can already be seen, with LTC’s price up approximately 20% in the past 14 days, currently trading around $82.08. As of Wednesday, Litecoin has a reported market capitalization of approximately $5,915,676,673 and a trading volume of approximately $678,675,992 in the past 24 hours.
As with Bitcoin, Rekt Capital has illustrated that Litecoin tends to rally more post-halving than days before. Nonetheless, Litecoin’s price is heavily affected by the cryptocurrency’s macro aspect. Moreover, Litecoin’s major bull market coincided with Bitcoin’s rally in 2017/2018. Additionally, the second halving did not have much volatility in price action despite coinciding with Bitcoin’s 2020 halving.
Litecoin (LTC) Price Analysis
The Litecoin market is supported by a strong global community of 7,184,198 holders, as reported by tokenview. With a circulating supply of approximately 72,029,445 and a maximum supply of 84 million, the coin is well-positioned for potential gains in the future. Furthermore, the Litecoin (LTC) price has been stabilizing from a weekly perspective, leading analysts to believe that the outlook is bullish.
Litecoin’s popularity has been partially driven by the fact that the well-known meme coin, Dogecoin, is based on similar technology that was forked years ago. However, like other altcoins, the Litecoin market faces regulatory uncertainty, as the ongoing legal battle between Ripple and the SEC has raised concerns that many cryptocurrencies may be classified as securities.
It was on this day 14 years ago that Bitcoin was created. The anonymous software developer(s) – identified only by the alias Satoshi Nakamoto – mined the first block of the Bitcoin network on January 3, 2009. This block is referred to as the Genesis block.
There is no doubt that Bitcoin has come a long way since that day. However, despite the grim outlook of the market as 2023 begins, Erik Voorhees, the founder, and CEO of cryptocurrency exchange ShapeShift believes that Bitcoin will hit $40,000 by summer. Voorhees shared this prediction in a recent interview on January 2nd.
Voorhees pointed out that if his forecast were to come true, it would be a 2.5X increase from its current price of $16,748, which he said is a very good return on investment. The cryptocurrency industry expert was unable to provide a specific date for the next bull run, but he said it will occur anytime between the next three years and six months.
The cryptocurrency company founder speculated that the macro environment, interest rates, and the gradual tightening of monetary circumstances will play significant roles in determining how the crypto market will develop during the course of this year.
He also admitted that the reputation that cryptocurrency has among people who are not involved in the industry is completely baseless, but he predicted that such pundits will be caught off guard when the next surge occurs. The crypto pioneer said that regardless of whether or not the market is bullish or bearish, the current era is one of revolution.
Tim Draper’s Prediction For Bitcoin
Tim Draper, a Bitcoin bull, has made one of the more bullish forecasts for 2022, predicting that Bitcoin will be worth $250,000 by the end of that year. Despite the closure of the FTX exchange, Draper is certain that the value of Bitcoin will reach this quarter-million mark.
According to an email from Draper, he believes that the dam is about to burst since women control 80% of retail buying, yet only have 1 in 7 Bitcoin wallets at the moment. In order for Bitcoin to reach this value, it would need to increase in value by 1,400%. Draper also mentioned that a bottom may have been reached in the market, despite the low prices and falling trading volume.
At the time of writing, BTC is worth $16,759, an increase of 0.22% in the past 24 hours. It remains to be seen which of these forecasts will be accurate as the year continues to progress.
This year has been difficult for cryptocurrency investors. Many are wondering if the situation will improve in the coming year. After the Terra Luna and FTX disasters, what are industry participants and new blockchain companies excited about for 2023?
In addition to a loss of trust in crypto, prices have declined due to rising inflation and interest rates.
What’s in line for Bitcoin in 2023? Here’s what experts say.
Crypto analyst and trader Jason Pizzino recently warned that it is not certain that Bitcoin will reach a new record high like it did in previous bull cycles.
In a video to his 279,000 YouTube subscribers, Pizzino stated that for Bitcoin to reach a new all-time high during the next bullish phase, it must reach a critical Fibonacci retracement level and surpass certain thresholds. Pizzino also mentioned that it is currently impossible to predict a new all-time high for Bitcoin.
According to his guidelines, a Bitcoin all-time high would be impossible until the price rises above $34,500, which would represent a 50% increase.
Can Bitcoin reach a new high in the next bull market?
Jason Says It Might Not Be Possible- here’s why.
Breaking the barrier: In order to substantiate his assertion, he stated that this is the Fibonacci level that corresponds to the 50% between the all-time high and the all-time low; and the all-time low for Bitcoin is essentially $0 at this point. Therefore, a deficit of $34,500 must be made up.
Return of Macro players: In addition, Bitcoin needs to break above its monthly swing tops in order to demonstrate that buyers are beginning to return to the market. For the macro players, that is going to be a significant point of confirmation.
If and when that happens, he predicts that there is a good chance that Bitcoin will reach a new record high.
The Worst-Case Scenarios
According to Pizzino, the first worst-case scenario for Bitcoin is if its price reaches $45,000 during the next cycle. It would be even worse if the flagship cryptocurrency bottoms out at around $15,000.
In this case, the second worst-case scenario would be a potential 200% climb from that low, which could bring the price to about $45,000, in line with some of the recent tops.
Bitcoin Golden Cross 2023: Micheal van de Poppe Predict BTC Price To Surge 100% – Here’s The Timeline
Bitcoin price is constantly trying to jump beyond the crucial renaissance very close to $17,000 but facing major turbulence in slicing through $16,900.
Meanwhile, the altcoins are also facing much heat as the bearish cartel has strengthened its roots at the moment. Besides the speculations of the bear market reaching the climax are hovering within the crypto space.
A popular analyst, Micheal van de Poppe, believes that the bitcoin bear market is about the end as the Bitcoin price is about to ignite a ‘Golden Cross’.
In a recent video update, the analyst says that the event is about to begin in June which may be extended towards December where-in the BTC price may elevate to reach $37,000 levels.
“The actual move happens prior to the actual cross taking place so in essentially we are at the low or we close towards it and the Golden Cross which is taking place here is most likely going to take place during June towards December,”
Further, the analyst believes that the BTC price may replicate 2018-19 as the markets have slid heavily at the moment. Hence the markets may approach the levels where-in they may face some relief.
However, he goes on to say that in the weekly time frame, the BTC price is required to hold the crucial levels at around $12,326 to maintain some strength within the rally. Conversely, if the BTC price breaks above $18,000 then it may rise beyond $20,000.
To do so, the BTC price is required to flip above the crucial $17,500 in the lower time frame and $18,600 in the higher time frame. This may ignite the further upswing towards the next set of targets beyond $21,000.
“Once we flip $18.6K and even a lower time frame $17.5K those are the first arguments for continuation towards the upper boundaries and then we are looking at a potential case or first running towards $21.21K $23.5K and a $29K and possibly even $38K which is already a two and half X from here,”
Crypto experts analyze the performances of crypto coins daily. Recent reports suggest a meager future for Tron (TRX) and Dash (DASH) in 2023. In contrast, Snowfall Protocol (SNW) has rapidly accrued many global enthusiasts. Experts predict it to be a lucrative investment option for next year.
After hitting its all-time high in 2018, Tron (TRX) showed no significant rise in its price. It failed to sustain a steady incline throughout the period between 2018 to 2022. Tron (TRX) investors have been experiencing frequent price drops for the last few months. It has led them to seek alternatives to Tron (TRX) and protect their portfolio from risk.
Tron (TRX) announced a partnership with another blockchain project, Huobi (HT) Heco blockchain. Since then, investors have seen a break in the market growth of Tron (TRX). The market has been moving slowly, leading to new lows in the price of Tron (TRX).
Recent Tron (TRX) price prediction suggests that it will further drop, by $0.001469 from the current price of $0.056, in the next 7 days. Moreover, a sudden collapse of FTX has raised concerns among Tron (TRX) investors. The reduction in the number of Tron (TRX) holders over the years is understandable.
Dash (DASH) Does Not Seem Promising For Next Year
In 2021, Dash (DASH) reached its peak value of $1493.59. But, it failed to make any further growth. Dash (DASH) is currently trending at $49.05, which is 63.77% below its all-time high and 1.17% down from the previous day’s price.
Investors witnessed critical price drops over the period leading them to lose trust in the Dash (DASH) project.
Dash (DASH) has shown extreme volatility over the years; its price has been reported to fluctuate by 10% within 24 hours. This has resulted in investors being concerned about Dash’s (DASH) future in the crypto market.
Wallet Investor predictions suggest no significant growth in the price of Dash (DASH) in 2023, and the market will experience a bearish pattern over the next few years. By 2025, the price is expected to reach $440, which is not satisfying for Dash (DASH) investors.
Snowfall Protocol (SNW) Price Goes Up
Snowfall Protocol (SNW) is a new crypto project that is leading the crypto growth charts. Snowfall Protocol (SNW) quickly gained popularity among investors due to its advanced dApp prototype and solutions to enable cross-chain swaps. Snowfall Protocol (SNW) is selling at more than 300% price surge, compared to its launch price.
Snowfall Protocol (SNW) had two successful presale campaigns. The 2nd presale phase was out-sold a day earlier. Its 3rd presale phase is live on its official website. To date, Snowfall Protocol (SNW) has sold more than 150 million tokens.
The official Snowfall Protocol (SNW) launch will take place in January 2023. Experts predict a bullish pattern for Snowfall Protocol (SNW) for most of the next year.
Technical indicators show a rise in the price of Snowfall Protocol (SNW) by 1000% towards the end of presale. Thus, investing in Snowfall Protocol (SNW) could have a noticeable advantage over Dash (DASH) and Tron (TRX).
Get in while you can and invest in Snowfall Protocol (SNW) today!!!
|Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.|
Since Bitcoin (BIT) was released in 2009, more and more cryptocurrencies have launched into the blockchain industry trying to be number one or level the playing field. Unfortunately, none have been successful as of yet. Cryptocurrencies like Fantom (FTM) and Terra Classic (LUNC) have fallen behind. However, Plona (PLON), now in its phase one presale, might be able to dethrone Bitcoin (BIT).
Fantom (FTM) investors might worry after a 4.23% drop.
Fantom (FTM) was founded in 2018 by Fantom Foundation. Fantom (FTM), designed to be a scalable and high-performance cryptocurrency, is a secure smart contract platform. A leaderless proof-of-stake (PoS) system called Lachesis determines Fantom’s (FTM) transactions. Lachesis enables users on the platform to run existing smart contracts and create new contracts on the Ethereum (ETH) blockchain.
According to Fantom Foundation, they believe decentralised applications (dApps) are the future of financial management. Furthermore, Fantom (FTM) allows dApps to obtain their full capabilities by quickly running smart contracts at optimised and low costs. After dropping by 4.23%, Fantom (FTM) now sits at 72nd place on the CoinMarketCap list. Worth $0.2066, Fantom (FTM) might start worrying its investors if it falls anymore.
Terra Classic’s (LUNC) performance needs to improve.
Previously known as Terra Luna, Terra Classic (LUNC) was created in January 2018 as a blockchain protocol and payment platform to facilitate the adoption of cryptocurrencies by creating digitally native assets. The co-founders, Daniel Shin and Do Kwon believed adopting the promotion of cryptocurrency and blockchain infrastructure is crucial to the stability of Terra Classic (LUNC).
Additionally, Daniel and Do Kwon designed Terra Classic (LUNC) to be used for algorithmic stablecoins that are price-stable against the major fiat currencies around the world. After a week of closely watching Terra Classic (LUNC), the cryptocurrency’s market value fell by 11%. Now worth $0.0002388 per token and ranked 33rd on the CoinMarketCap, maybe considering other cryptos in the market might be another beneficial option.
Plona (PLON) can reach the top 10 in the CoinMarketCap.
Plona (PLON) is a recently launched cryptocurrency blockchain that allows users to own fractions of various exclusive and exotic cars from across the globe, like Ferrari, Lamborghini, and Bugatti, for as little as $29. Plona (PLON) will also provide Plona (PLON) token holders with exclusive networking events hosted by exotic car dealers.
The team behind Plona (PLON), a group of blockchain experts and exotic car enthusiasts, are proving their commitment to the platform by locking up liquidity for five years and donating 2% of Plona (PLON) tokens to a charity of the community’s choice. Crypto analysts have predicted a 3,000% gain for Plona’s (PLON) investors by the end of January 2023. They have also predicted Plona (PLON) has the potential to reach the top 10 in the CoinMarketCap ranking.
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Bitcoin has been notoriously trading below the crucial $20,000 level for a while now. However, it has managed to gain momentum and surpass this mark recently and has been clinging above it for about a week. Along with the King currency, other altcoins like Ethereum, XRP, Solana, and Cardano have experienced positive price swings as well.
At the time of writing, Bitcoin is valued at $20,620 after a surge of 0.60% over the last 24hrs.
A renowned crypto analyst and trader, Tone Vays, has now flipped his earlier stance towards Bitcoin, wherein he had predicted an incoming crash. The analyst informs his 123,000 Youtube subscribers that after Bitcoin and other major cryptocurrencies gained bullish momentum, he is optimistic for an upcoming run toward the north soon.
Bitcoin Price At $30k?
The analyst adds that as Bitcoin is currently trading within a descending triangle, the bears have lost their edge and are not nearly as strong as they were during the 2018 crypto crash. He takes the momentum reversal indicator (MRI) into consideration and claims that the King currency is strongly giving out bullish signs.
The Momentum reversal indicator (MRI) is one which is used by professional traders and indicates the end of a trend based on price action.
Next, the strategist says that the reason for his bullish prediction is that the flagship currency has closed the trade above its crucial price level of $20,000.
Tone Vays further says that he was waiting for Bitcoin to form its price trade above $20,000 to firmly believe that the currency has, indeed, taken a turn for the better. However, he clarifies that the asset needs to break through a couple more important resistance levels for the trend to be confirmed.
As per the chart displayed by the analyst, he seems to be predicting that Bitcoin shall soon hit a target of $30,000.
Was this writing helpful?
Decentralised finance (DeFi) is at the forefront of innovation in the crypto marketplace. Every cryptocurrency in the blockchain industry has been promoting this technology as best as they can. Leading cryptocurrencies like Kava (KAVA) and Convex Finance (CVX) offer unique features that bring DeFi technology to life. However, the recently launched Plona (PLON) token is one to look out for as its phase one presale is gaining the interest of many investors in the blockchain industry.
How will Kava (KAVA) recover from a 5.33% decline?
Kava (KAVA) is a software in the decentralised finance (DeF) ecosystem that enables its users to lend and borrow multiple cryptocurrencies. Given that Kava (KAVA) is a DeFi software, users can lend and borrow numerous cryptocurrencies exclusive of banks or any financial third parties.
Additionally, Kava (KAVA) is built on the Ethereum (ETH) blockchain and rewards people who mint USDX. Kava (KAVA) prices dropped by 5.33% over the past week, and the platform has been struggling to regain its shape since then. With over 200 million Kava (KAVA) tokens in circulation, one coin is currently worth $1.4.
Convex Finance (CVX) drops 5% overnight.
Convex Finance (CVX) is a decentralised finance (DeFi) protocol cryptocurrency built on top of Curve Finance. The platform was designed to give CRV token holders and Curve liquidity suppliers additional interest and higher returns from their investments in Covex Finance (CVX).
After providing its users with a seamless optimisation method for supplying liquidity, Convex Finance (CVX) platform has generated over $24.5m in protocol fees. The last seven days saw Covex Finance (CVX) token drop by 5.25%. The price for one Covex Finance (CVX) is $5.3 for one token, which is more expensive than the price of Plona (PLON) and Kava (KAVA).
Plona (PLON) is projected to raise $2 in the first month of its presale.
Everyone in the blockchain industry is talking about Plona (PLON), an Ethereum-based cryptocurrency in the decentralised finance (DeFi) ecosystem bringing exotic cars to the crypto market. How are they doing this? The developers of Plona (PLON), a group of blockchain and premium car enthusiasts, have patterned with luxury automobile dealers to get access to exclusive networking and events.
For only $29, investors in Plona (PLON) token can own a fraction of their favourite luxury car. Furthermore, Plona (PLON) token holders will benefit from a 2.5 transaction fee on all network transactions. The platform has gained a great deal of support after pledging 2% of its token sales to a charity chosen by its community. With all the talks about Plona (PLON) online, crypto analysts have predicted the platform to raise $2 million during its stage one presale.
Follow Plona (PLON) and join its presale with the links below:
Disclaimer: This is a press release post. Coinpedia does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company.
Was this writing helpful?
Crypto Analysts Predict That Flasko (FLSK) Will Be A Better Investment Than Cardano (ADA) And Dogecoin (DOGE)
The good thing about cryptocurrencies is that they have the potential to transform the lives of people. However, investors should not blindly invest their money in any cryptocurrency. It is important to invest in cryptocurrencies that offer growth potential, like Flasko.
While Flasko is gaining attention and investment, Cardano (ADA) and Dogecoin (DOGE) are struggling to make significant returns.
Cardano (ADA) Will Not Rise In 2023
Cardano (ADA) cryptocurrency came out to the market as an Ethereum killer. It was one of the most stable and promising cryptocurrency projects. Regardless of how good Cardano (ADA) is, it does not gain a lot of positive attention because of the bear market.
The bear market caused Cardano (ADA) to lose its value by around 85%. According to expert crypto analysts, this value will not increase in the future. Hence, investing in Cardano (ADA) is something that anyone should think twice about.
Hype Is Gone For Dogecoin (DOGE)
Dogecoin (DOGE) is the most popular meme coin available as of now. It was trending as one of the most promising cryptocurrency investments when meme coins were a thing back in the day. However, Dogecoin (DOGE) is currently not doing good at all. People are no longer interested in investing their money in meme coins. Instead, they prefer to go ahead with more solid cryptocurrency projects like Flasko.
Flasko (FLSK) Appears To Be A Promising Investment
When it comes to cryptocurrency investments, Flasko appears to be one of the most promising investments to consider as of now. With Flasko, any cryptocurrency investor can purchase fractionalized NFTs backed with premium and luxury vines, whiskeys, and champagnes.
The presale of Flasko is ongoing, and the token price is $0.065. This is expected to grow by 4,000% in early 2023.
Flasko passed the Solid Proof audit, and it has locked its liquidity for 33 years, making Flasko a secure long-term investment.
We recommend checking out Flasko now.
Was this writing helpful?
Cryptocurrency Experts Predict Flasko (FLSK) Will Surpass Ethereum Classic (ETC) and Litecoin (LTC) In 2023
The cryptocurrency industry’s ecology is ever-changing. Innovation in the crypto industry keeps investors motivated to support cryptocurrencies. Over the past six months, two cryptocurrency initiatives, Ethereum Classic (ETC) and Litecoin (LTC), have generated millions of dollars in income while providing top-notch services to their users.
However, Flasko is a fascinating token created to grab people’s attention and persuade them to take advantage of the benefits of the cryptocurrency market. Let’s find out why Flasko may be the finest cryptocurrency investment in 2023.
Ethereum Classic (ETC) Investors Are Now Participating In The Flasko (FLSK) Presale
Given that Ethereum is seen as the more authentic of the two networks, especially in light of Ethereum Classic’s security issues, the future of Ethereum Classic is less promising than Ethereum.
Due to system hacks, investors have lost faith in ETC over time. Until ETC can update its software and code to guard against hacks in the future, Ethereum Classic may face difficulties.
This manifested itself in the fall of its price. It is currently trading at $27.59, a fall of 84% from its all-time high of $176.16.
Litecoin (LTC) Raises Concerns After A Stagnant “Winter”
This cryptocurrency modeled on the Bitcoin (BTC) system is called Litecoin (LTC). Litecoin (LTC), the earliest altcoin, was introduced in 2011. Nonetheless, the Litecoin (LTC) blockchain network continues to employ the proof-of-work method, demanding a significant amount of space for mining.
One of the problems of Litecoin (LTC) is that it impacts the environment comparable to that of Bitcoin. Another negative that lessens the demand for Litecoin is the time it takes to conduct transactions.
At the time of this writing, Litecoin (LTC) has a price of $53.52. That is still a far cry from the LTC all-time high of $412.96.
Flasko (FLSK) Creates A Hype As Long-Term Investors Are Drawn To It
The Flasko platform is available to cryptocurrency investors interested in investing in the $13.4 trillion expanding alternative investment industry for costly and distinctive alcoholic beverages. Users may purchase pricey spirits, top-shelf wines, and vintage champagne NFTs, all of which have historically performed well as investments.
Whilst Flasko will utilize its launchpad to collaborate with well-known and emerging beverage firms, it will offer its stakers and investors perks like first-access to newly launched products and price discounts from their partners.
Now is a perfect moment to invest in Flasko because the presale just started, and the price has been rising ever since, from 0.015 to $0.04.
Looking at the new Flasko platform is unquestionably beneficial because making an early investment might provide a significant return. According to experts, the pricing is an excellent starting point for the Flasko effort, and by 2023 it may be between $1.90 and $2.10.
To learn more about participating in the presale of this exciting project, click the link below.
Website URL: https://www.flasko.io/
Was this writing helpful?
Flasko (FLSK) is up 300%, and analysts predict a 2,000% rise by March 2023 over Solana (SOL) and Dogecoin (DOGE)
Success in cryptocurrency requires finding a specialty and developing crypto around it. Users will be more likely to choose your crypto over others if you become the first to offer something. That is precisely what Solana (SOL) and Dogecoin (DOGE) share.
Dogecoin (DOGE) was the initial meme coin, and Solana (SOL) was the first cryptocurrency to address scalability concerns. It achieved this by combining Proof-of-Stake (PoS) and Proof-of-History (PoH) consensus to reach one of the market’s quickest transaction rates. So, what does Flasko add to the table, and can it generate the same amount of excitement as Solana and Dogecoin? Let us investigate!
Solana (SOL) has been showing an upward trend
Solana (SOL) is most recognized for its incredible speed and low rates. The cryptocurrency behemoth has emerged as an appealing alternative to slow Proof-of-Work (PoW) systems such as Ethereum (ETH) and Bitcoin (BTC). Solana (SOL) can execute 50,000 transactions per second at peak capacity, with transactions costing less than $0.01!
So, what makes Solana (SOL) so appealing? Solana (SOL) has a significant return potential in addition to its speed. Solana (SOL) is now on an upward trend, having increased by 16.08% in seven days at the time of writing.
Dogecoin (DOGE) investors are happy with the crypto’s success
The first cryptocurrency to target the meme audience was Dogecoin (DOGE), which was successful! Dogecoin (DOGE) inventors Billy Markus and Jackson Palmer never imagined Dogecoin (DOGE) would reach such heights. However, its distinct aesthetic attracted the meme culture and even drew the attention of Elon Musk.
According to CoinMarketCap, Dogecoin (DOGE) is the eleventh top coin by market capitalization at the time of writing. Dogecoin (DOGE) has attained this level of success due to its distinct way of operation. The community helps one another by teaching people about cryptocurrencies and supporting DO Dogecoin (DOGE) in times of need.
Flasko (FLSK) early investors will enjoy a great return in the future
The debut of the Flasko cryptocurrency platform at the beginning of the month increased the range of alternative investment possibilities available to its customers. Flasko aims to link cryptocurrency traders with the world of alternative investment by allowing users to invest in pricey champagne, fine wines, and premium whiskey with anyone able to invest from as little as $10.
Traders are more hopeful about the project’s future due to the Flasko tokens’ smart contract passing its audit with Solid Proof. Flasko announced a 33-year lock on liquidity, and after the first two years, Flasko intends to develop into a premier cryptocurrency platform.
The early investors will profit from the current Flasko presale. We believe it is wise to invest in the token at its current price of $0.04 because analysts expect it will reach a high of $2.90 by the start of 2023. Click on the links below to invest early in the protocol or learn more about it.
Was this writing helpful?
While the Federal Reserve disclosed another possible interest rate hike, one of the well-known analytic firms has come up with its study on Bitcoin (BTC).
Firm, Glassnode in its latest newsletter Jan Happel and Yann Allemann, its co-founders are of the opinion that Bitcoin’s price trend below $20,000 is all due to immense pressure faced by another interest rate hike of 75bps.
The founders claim that the developments surrounding the crypto space are being dominated by the Federal reserve’s strict financial measures. They also feel that this has led Bitcoin’s decreasing price trend towards a bearish cycle.
On the other hand, as the crypto space faces massive bear movements, Happel and Alleman claim that there is an increase in Bitcoin’s volume and this action amidst the bear market will increase the risk of more bear action
Bitcoin Price Below $25k
The founders further claim that the futures-to-spot volume ratio which is already below zero has been pulled down even more due to June’s interest rate hike of 50bps. They also say that with rising interest rate hikes, investors and traders are losing confidence and speculating about the future of the crypto space.
Before they conclude their analysis, the duo claim that as per J.Powell, Fed chair, Bitcoin will trade between $17,000 and $25,000 area due to the latest 75bps interest rate hike and further hikes. The founders also assert that despite the spot market’s positive approach towards traded volume, the options and futures markets are pointing towards more selling pressure.
At the time of reporting, Bitcoin is selling at $18,823 with a fall of 1.46% over the last 24hrs.
Was this writing helpful?
Investors are always on the lookout for the next cryptocurrency bull market. In 2021, the metaverse project Decentraland (MANA) and the cryptocurrency Monero (XMR) were very popular, with Decentraland (MANA) reaching record highs around $5 and Monero (XMR) surpassing its own all-time high near $500.
Since the start of 2022, Decentraland (MANA) doesn’t seem to be moving substantially up in the charts, and experts are not expecting it to skyrocket anytime soon. It is often the case that the largest gains are made when investing early into a token, and we believe this will be the case with Flasko (FLSK).
Decentraland (MANA) reducing Day By Day
After rebounding from a seven-month low in May, bulls discovered promising new beginnings. Despite the bear rallies, Decentraland (MANA) recorded a series of higher peaks that set up a symmetrical breakthrough. As a result, as selling pressure increased, Decentraland (MANA) entered a down channel and returned to the $0.78 support level.
Overall, the future for Decentraland (MANA) doesn’t seem too bright and investing in this currency as a new investor in the field would be a fool’s move. If you have investments in Decentraland (MANA), then it could be wise to look to projects which have more promise and room to move.
Flasko (FLSK): Could be a great opportunity to capture significant profits
Analysts predict that Flasko, the shining star of the presale market right now, will increase in value by 4,000% by the end of 2022 and possibly overtake Decentraland (MANA) in 2023 due to the high demand from investors to buy Flasko tokens and the potential that the platform has.
Flasko will be the first cryptocurrency protocol to allow users to invest in high-value whiskey, wine, and champagne bottles, with every token/NFT representing a real world investment. It has already passed its audit with Solid Proof and key cryptocurrency figures have been quick to pay attention to the innovativity of Flasko.
The project has been one of the most talked about crypto projects recently, and it is widely expected to be the finest investment of 2022. Despite the recent market downturn, many are certain that Flasko will be one of the best investment opportunities of 2022. At $0.025, we believe it is an excellent price point and there is a high chance that it drives much higher in coming weeks.
Was this writing helpful?
Top analysts predict a 9,000% gain for presale star Flasko (FLSK) likely to overtake Fantom (FTM) and Monero (XMR) in 2023
After recent drops, the cryptocurrency market is already gaining ground, with most currencies seeing significant price increases. It’s difficult to anticipate any money will sustain an ongoing rising trend over the long term, given the enormous price swings that occur so frequently. Nevertheless, there will be a lot of worthwhile initiatives in 2022, one we found is called Flasko (FLSK) which has been predicted to be the amongst the top crypto investments this year.
Fantom (FTM) investors move over to the Flasko presale
Fantom (FTM) is a platform for acyclic graph-based decentralized smart contracts. DAG networks, sophisticated structural tools are used to record cryptocurrency transactions in a vertices-and-edges format rather than a blockchain manner. Making transactions easier to manage and optimize raises the overall efficiency of the Fantom (FTM) network. Fantom (FTM) is a network that provides smart contract solutions and empowers users to build NFTs and decentralized applications. In general, Fantom (FTM) offers businesses high-speed transaction services and specializes in cutting the time it takes to conduct a blockchain transaction to less than 2 seconds. As a trustworthy option to Ethereum and Bitcoin, whose transactional times range from 10 seconds to an hour, Fantom (FTM) is pitching itself as a viable option. Fantom (FTM) investors this weekend rushed to buy into the new Flasko (FLSK) presale
Monero (XMR) the privacy king. Investors look elsewhere
Monero (XMR), a decentralized cryptocurrency, is praised for its privacy and substitutability. Another benefit it has over other cryptocurrencies is the ability to conduct quick and safe transactions. In addition, Monero (XMR) does not have a block size restriction, unlike other currencies. Monero (XMR) has a faster transaction throughput rate than other cryptocurrencies like Bitcoin and does not have this restriction.
After breaking below the protracted demand zone and flipping the supply zone at $135 in a larger time frame, the price of the Monero (XMR) coin is currently in a significant slump. As it continually tests the barrier at $135 by producing higher highs and higher lows, Monero (XMR) seems to be on the mend but will be unlikely to produce any worthwhile gains this year. Monero (XMR) has started to develop lower low and lower thigh shapes in a shorter amount of time. Monero (XMR) investors are weighing up their options.
Flasko (FLSK) predicted to be the best investment this year
The recently announced cryptocurrency project Flasko (FLSK) promises to create a market for trading in expensive and rare NFTs of wine, champagne, and whiskey. Users can invest $25,000, $50,000, or $100,000 to join the prestigious premium whiskey, wine, and champagne clubs offered by Flasko (FLSK). There is no minimum investment for those looking to buy into the presale.
Since investors are already rushing to purchase Flasko (FLSK) tokens in the first stage of the Flasko (FLSK) presale, top analysts believe that the presale star Flasko (FLSK) will increase by 8,000% and likely surpass Fantom (FTM) and Monero (XMR) in 2023.
It is clear why leading analysts believe Flasko (FLSK) would be the best investment for 2022, given the project’s potential with stage one launched less than 24 hours ago, in the first 60 seconds of launch over 20 million tokens were sold. The team will be locking liquidity for 33 years, locking team tokens for two years and the smart contract has fully passed its audit. All of these points lead to a safe investment and we believe Flasko (FLSK) will be one of the best investments of the year. Use the links below if you’d like to find out more or join the presale.