Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.
As the market heats up, the possible approval of an ETH exchange-traded fund (ETF) has sent positive ripples through the crypto space. As this new development unfolds, several cryptocurrencies are poised to potentially take off. This article examines three alternative coins that appear to be strong contenders to harness the energy of this market momentum and could potentially outperform their competitors in this race for profits.
Over $6 Million Raised: BlastUP Presale Continues, Offering Up to 1000% Potential ROI
BlastUP has been gaining a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This groundbreaking launch pad on Blast has already attracted over 15,000 active users.
BlastUP’s ongoing pre-sale is a great success; to date, more than $6 million has been raised. The BlastUP token is considered by crypto experts as a hidden crypto gem that could skyrocket 1000% by the end of this year.
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BlastUP helps crypto startups grow faster and earn more. As BlastUP moves forward, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining popularity for the benefit of all participants in this ecosystem.
BlastUP’s roadmap extends to 2026 and promises the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.
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NEAR Protocol (NEAR) shows bullish trend; Can it continue?
NEAR Protocol is currently trading between $6.71 and $8.68. Over the past week, the price has increased by 11% and over the past month by 21.11%. An impressive increase of 331.78% has been observed over the past six months, indicating a strong bullish trend. The nearest resistance level to watch is $9.59, and support is at $5.65. The recent price action shows a more impulsive move toward higher prices.
Gnosis (GNO) Price Analysis: Navigating the Volatile Landscape
Gnosis (GNO) is currently trading between $267.97 and $318.25. Last week it rose 19.22%, but last month there was a drop of 9.88%. Over six months, holders laughed with a gain of 64.67%. At this point, the price seems to be taking a breather, with the Relative Strength Index (RSI) standing at 32.58, indicating that it is neither overbought nor oversold. It appears that Gnosis is making a collective move as its price movements are below both the 10-day average of $330.95 and the 100-day average of $319.05, which could be a signal that the market is considering and deciding about the next big step. Keep an eye on the upcoming resistance at $341.76, which could pose a challenge for prices to rise.
Arbitrum (ARB) price movement and prediction
Arbitrum (ARB) has had some ups and downs. In just one week, the price shot up by about 20%, which is very good. But if you look at the last month, the price is actually down about 6%. The price has risen by almost 10% in the past six months, so that’s not too bad. Right now you can buy or sell ARB for about 91 cents to $1.06. It’s trying to get past $1.14, but also making sure it doesn’t drop below 84 cents. The price seems to be falling more at the moment as the major price trackers like the Relative Strength Index show that it is neither too hot nor too cold. The currency’s price movements appear to be easing slightly after the last jump.
Toncoin (TON) price falls in the short term despite a six-month increase
Toncoin’s price has risen significantly over the past six months, rising 157%, indicating strong longer-term momentum. However, recently the price suffered setbacks, falling 9.15% in one week. Currently, Toncoin is trading within a range of $5.83-$7.07, below its 10-day moving average of $6.28. The coin is experiencing downward movement, which is suggested by technical indicators such as the RSI at 36.79 and the Stochastic at 29.74, both of which indicate that the coin may be in an oversold area. Despite the short-term volatility, the long-term outlook, based on the six-month change, remains positive.
Conclusion
In conclusion, while NEAR, GNO, ARB and TON look promising for a bull run, they offer less potential in the short term. The project we should focus on is BlastUP, which will outperform others in the near future. This is due to a strong concept and the association with the Blast ecosystem. Investors looking for growth opportunities may find BlastUP particularly attractive given current market conditions.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.
Source: https://cryptobenelux.com/2024/05/23/3-altcoins-die-de-bull-race-kunnen-winnen-gestart-door-de-goedkeuring-van-de-eth-etf/
