Missed Meme Coins Hyped Train? These Cryptos Are Next To Explode
The post Missed Meme Coins Hyped Train? These Cryptos Are Next To Explode appeared first on Coinpedia Fintech News
Bitcoin’s recent surge past $71,000 follows the UK Financial Conduct Authority’s nod to crypto ETNs. This bullish trend in the crypto market offers fresh opportunities for investors seeking the next big hit. Amid this development, overlooked meme coins are gaining traction, standing as explosive opportunities for speculative investments in the digital asset space.
BlastUP Presale Exceeds $1 Million: Anticipating the Next Big Thing in Crypto
BlastUP, the premier launchpad on Blast, has recently made a splash in the crypto world with its head-spinning outset, raising over $1 million in a few weeks. This project is creating a buzz and attracting a growing number of early investors who have already recognized BlastUP’s high potential.
BlastUP is poised to reach roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board.
Currently, BlastUP is running its fourth presale stage, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.05, you get a hefty discount of $0.05, as the listing price is set at $0.1.
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Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.
Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast off in the crypto space.
The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace.
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Jupiter’s $123M Investment May Cause Price Hike
Jupiter’s recent $123 million investment could drive a momentum swing. With the MACD indicating a buy action and the current price at $0.75, surpassing the 10-day simple moving average of $0.67, a short-term increase looking to break the nearest resistance level at $0.81 might be on the horizon. It should also be noted that the RSI currently stays neutral.
On the flip side, the huge investment could raise concerns about the scalability of Jupiter’s network down the line. Investors might be cautious. If the nearest support level at $0.42 is breached, the next likely stage could be the second level at $0.30 as a long-term outlook. Regardless of higher risks, Jupiter may capitalize on opportunities afforded by the large funding to continue its growth trajectory.
Nomura’s Collab with Pyth Network Can Amplify Interest in PYTH
Nomura joining the Pyth Network brings to the table an interesting development. This could lead to an amplified interest and investment in PYTH, potentially pushing the price past its nearest resistance level of $0.92 and possibly approach the second resistance at $1.18. As of now, the RSI and Moving Average over 10-days suggest neutral to buy, adding some confidence to this positive scenario.
However, any new venture has its risks. The integration could take longer than expected, or unexpected issues might arise. It could lead to a momentary loss in confidence pushing the PYTH price down towards its nearest support at $0.38. The lowest it could further slump, could be the second support level at $0.12. Despite these risks, PYTH’s MACD still recommends a buy stance.
Cardano’s Exclusion from Grayscale’s New Fund: Analysis & Impact
The exclusion of Cardano from Grayscale’s new fund could initially cause some market hesitation, presenting a mild short-term risk. At its current price of $0.78, Cardano is just above the nearest resistance level at $0.75 and could trend towards the second resistance level of $0.85. However, the Simple Moving Average indicators suggest a buy action, signifying potential upward momentum in the market.
Interestingly, the absence of ADA in the new Grayscale fund might later enhance its appeal for investors seeking unique opportunities not covered by the fund. The current support levels at $0.52 and $0.38 reflect minor threats of a possible decrease in the long term. But, considering that ADA has maintained an average price above these levels recently, the likelihood remains for Cardano to retain its solid stance in the long haul.
Polygon’s MATIC Shows Signs of Stabilization Amidst Growth Potential
Polygon’s recent performance shows signs of stabilization with the current price hovering around $1.22. With a DEX milestone achieved, MATIC has potential for more adoption and growth. This development combined with a nearest resistance level at $1.13 and a MACD ‘Buy’ indicator point to an optimistic scenario. Support levels at $0.82 and $0.63 suggest significant room for upward movement.
However, the second resistance level at $1.27 brings in a level of caution. Prolonged periods of neutral RSI and Stochastic RSI Fast indicators may imply the market is not in a rush to push MATIC much higher yet. Despite the long-term potential, in the short term, the market seems to anticipate a careful maneuver around these price ranges.
Conclusion
While Jupiter, Pyth, Cardano, and Polygon signify interesting avenues with varying degrees of potential, it’s the emerging BlastUP that commands attention. The concept of empowering Web3 tools with AI-first innovation and the ecosystem it operates within makes it a promising prospect. With its brilliant outset, the overlooked BlastUp presents a compelling case and its position in the Blast ecosystem only adds to its growing appeal, demonstrating its immense potential within the expansive crypto universe.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
