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The Top 3 Undervalued Cryptos to Buy in Spring 2024 Investors seeking big gains might choose these three undervalued cryptos. Solana (SOL-USD): Faster transactions and lower costs than layer 1 blockchains mean big growth for this coin. RichQUACK: Rich Quack lets holders invest, build, hold, and win. For crypto investors wishing to play cloud computing growth, Filecoin (FIL-USD) is a top choice. Solana Solana (SOL-USD), a top Ethereum competitor, has similar functionality. The network's speed and cost advantage have led many developers to choose Solana, especially for lower-priced transactions. This has helped Solana improve its market share in important crypto areas including NFT and decentralized financial applications. RichQUACK Rich Quack, another hyper-deflationary Binance Smart Chain (BSC) meme coin, promises “frictionless yield generation” to investors. Holders don't need to stake or wait for fees. The smart contract awards fees and promptly credits the holder's balance. Rich Quack offers investors, builders, holders, and winners a chance to gain money. Rich Quack aims to do that by developing a community of hardworking, goal-oriented people. A safe and secure investing and fundraising website with a jackpot raffle for holding and lotteries that pays out every hour, day, week, and month is the project's goal. Filecoin Filecoin (FIL-USD) is another currency crypto investors should examine for decentralized data storage. It provides safe data storage without centralization. Users can rent or buy storage with FIL tokens. Filecoin's 2017 launch has witnessed significant price swings. Its high was $200 in 2021 and low was $5 in 2023. If investors believe this bull market run is sustainable, there's plenty of upside. #altcoins #sol #FIL #RichQUACK🐤

The Top 3 Undervalued Cryptos to Buy in Spring 2024

Investors seeking big gains might choose these three undervalued cryptos.

Solana (SOL-USD): Faster transactions and lower costs than layer 1 blockchains mean big growth for this coin.

RichQUACK: Rich Quack lets holders invest, build, hold, and win.

For crypto investors wishing to play cloud computing growth, Filecoin (FIL-USD) is a top choice.

Solana

Solana (SOL-USD), a top Ethereum competitor, has similar functionality. The network's speed and cost advantage have led many developers to choose Solana, especially for lower-priced transactions.

This has helped Solana improve its market share in important crypto areas including NFT and decentralized financial applications.

RichQUACK

Rich Quack, another hyper-deflationary Binance Smart Chain (BSC) meme coin, promises “frictionless yield generation” to investors. Holders don't need to stake or wait for fees. The smart contract awards fees and promptly credits the holder's balance.

Rich Quack offers investors, builders, holders, and winners a chance to gain money.

Rich Quack aims to do that by developing a community of hardworking, goal-oriented people. A safe and secure investing and fundraising website with a jackpot raffle for holding and lotteries that pays out every hour, day, week, and month is the project's goal.

Filecoin

Filecoin (FIL-USD) is another currency crypto investors should examine for decentralized data storage. It provides safe data storage without centralization. Users can rent or buy storage with FIL tokens.

Filecoin's 2017 launch has witnessed significant price swings. Its high was $200 in 2021 and low was $5 in 2023. If investors believe this bull market run is sustainable, there's plenty of upside.

#altcoins #sol #FIL #RichQUACK🐤

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As SOL Soars 7.8 Percent on $2.8 Billion in Volume, What Will the Price of Solana Do? Is the $1,000 Markdown Plagued by Whales? As the broader cryptocurrency market has gained 2.5% in the last 24 hours, the price of Solana has soared by 8% today, hitting $153.37. The alternative currency has also had a 10% increase in value over the last week, but it has lost the same amount of ground over the last month, coinciding with a market downturn. With a 24-hour trading volume of $2.8 billion today, SOL seems to have reached a short-term turning point. As the market tries to shrug off pessimism, this level might be a precursor to another significant move in the coming days. As SOL Soars 7.8 Percent on $2.8 Billion in Volume, What Will the Price of Solana Do? Is the $1,000 Markdown Plagued by Whales? The SOL chart is looking good right now, with all of the indications pointing to a possible growth phase in the near future. But a huge amount of Solana—approximately $1.5 billion—went from one unknown wallet to another only yesterday. The Solana price can fall in the next few days since the defunct FTX exchange is selling off its assets to pay off its creditors. Due to the significant amount of the exchange's supply being locked up, the actual and estimated time of market arrival for FTX's Solana is unknown. Although FTX may release its supply in such a regular manner that it has minimal impact, traders should be aware that SOL might see some volatility in the medium-term. With a total value of $4.15 billion locked up, the coin's network accounts for Solana's promising long-term potential. Its popularity as a platform for new meme tokens also shows no signs of abating, which bodes well for the future of the Solana price. Consequently, the latter might hit $200 in the next months before challenging its all-time high later in the year. #Memecoins #solana #sol $SOL #altcoins
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Whales Accumulate More $DOGE Predict Dogecoin Price Dogecoin rose 3.5% to $0.1515 in 24 hours while the crypto market rose 2.5% today. Although the market's largest meme currency dropped 20% in a month, DOGE is up 14% in a week. However, a huge dealer took $19 million in DOGE off Robinhood in one transfer, suggesting whales have been stockpiling the meme currency. Due to a busy weekend, the market may gain more in the following days. Dogecoin Price Prediction as Whales Earn More DOGE: What's Next? DOGE's chart suggests the currency is starting an uptrend that may continue a few days until it runs out of steam. Specifically, its 30-day average (orange) is barely crossing its 200-day average (blue), making a golden cross that may signify a breakthrough. DOGE's relative strength index (purple) is between 50 and 70, a day after falling below 30. The meme coin may be in for a short-term boom, since transfer and ownership data suggests whales are re-accumulating it. We had a couple major Dogecoin purchase this week, and whales now own more of DOGE's supply. Addresses holding 100 million to 1 billion DOGE currently own 21% of the token's circulating supply, up from 20.75% a week earlier. Though minor in percentage terms, whales have taken advantage of low pricing to acquire DOGE cheaply. Therefore, they stand to benefit as Dogecoin prices climb in the following days and weeks. It may gain further along with the larger market, which seems set to rebound after selling. As X may integrate digital payments on its network, including DOGE payments, Dogecoin has long-term potential. DOGE might hit $0.5 by year's end if this happens. #altcoins #Memecoins #DOGE #elonMusk
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XRP tests crucial support at $0.50 as Ripple urges blockchain recovery alliance founding members of DeRec Alliance are Ripple and XRPL Labs. The DeRec Alliance unites Web3 enterprises to securely recover digital assets across wallets. After testing $0.50 on Thursday, XRP traded at $0.5174 on Friday. Ripple stated it has entered an association to help digital asset recovery with Hedera and the Algorand Foundation, wiping off gains from earlier in the week. XRP trades about $0.5174 early Friday. On Thursday, Ripple, Algorand Foundation, and Hedera announced that they had formed the DeRec partnership to safeguard digital asset recovery. Ripple and XRPL Labs are founding members and serve on the Technical Oversight Committee for two years. The business will advise on the alliance's governance structure and fundamental rules to simplify digital asset, account, password, and data recovery as in Web2 ecosystems. XRP has declined 2.7% this week, although it has stayed above psychological support at $0.50. With Ripple in a sideways trend for weeks, momentum indicators help predict the next move. Two key momentum indicators disagree on XRP. The Relative Strength Index (RSI) falls to 40 in all three main charts (weekly, daily, and 4-hour), indicating decreasing bullish momentum. XRP price momentum is good when the Moving Average Convergence Divergence (MACD) indicator displays green histogram bars above the neutral line. Ripple may fall 8% and sweep liquidity at the weekly support level at $0.4665 observed on April 19 if selling pressure continues. Since mid-April, weekly support around $0.4665 and resistance at $0.5630 have been important. A daily candlestick close above $0.53, the 50% Fibonacci retracement level of the slide from April 9's $0.6431 high to April 13's $0.4188 low, might disprove the bearish XRP would then encounter weekly resistance around $0.5630, established on April 6. #altcoins #CryptoWatchMay2024 $XRP #xrp #Ripple
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Jack Dorsey predicts Bitcoin will reach $1M by 2030 Tech executive Jack Dorsey predicts Bitcoin will reach $1 million by 2030. “I don’t know,” Dorsey told Pirates Wires’ Mike Solana on Bitcoin’s potential worth. More than a million. I believe it exceeds that number.” Dorsey said his interest in Bitcoin goes beyond its price. “The most amazing thing about Bitcoin, apart from the founding story, is anyone who works on it, gets paid in it, or buys it for themselves — everyone who puts any effort in to make it better — makes the entire ecosystem better, which makes the price go up,” he said in a Thursday interview. Most of all, it's an intriguing environment and movement. It taught me much.” Dorsey isn't alone in expecting Bitcoin to soar. Ark Invest CEO Cathie Wood expects Bitcoin to reach $1m by 2030. In 2030, Fidelity Investments director of global macro Jurrien Timmer predicts Bitcoin will be worth $1m to $10m. Dorsey Drops Bluesky for Repeating Twitter ‘Mistakes’ This week, former Twitter CEO Jack Dorsey resigned from Bluesky's board. The 2019 platform intends to be a decentralized social media alternative. “Everything we wanted around decentralization, everything we wanted in terms of an open source protocol, suddenly became a company with VCs and a board,” he told Pirates Wire. “That's not what I wanted, that's not what I intended to enable.” He left Bluesky because it was “literally repeating all the mistakes [Twitter] made as a company.” Dorsey admitted his main interest is Nostr, another decentralized Twitter competitor. He intended to help Nostr become an open-source standard. Jack Dorsey's Block Buys Bitcoin Monthly Strategically Blockchain payments company Block is doubling in on Bitcoin under Dorsey. The company stated last week that it will spend 10% of its Bitcoin product earnings on monthly Bitcoin purchases. Block invested $220m in Bitcoin in 2020, one of the first public businesses to do so. The company's Bitcoin holdings rose 160% to $573m in Q1 2024. #CryptoWatchMay2024 #BTC #buythedip $BTC
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Rebirth of memecoins? POPCAT And MEW Lead 20% Increase During this bull run, cat-themed tokens like Cat in a Dog's World (MEW) have rose to the top 10 memecoins. Other feline-inspired tokens like Popcat (POPCAT) and Wen (WEN) had a great week as collaborations boosted their prices by 20% overnight. Was Bitcoin Behind Memecoin's Rise? In recent years, Dogecoin (DOGE) and Shiba Inu (SHIB) have dominated the memecoins market. Bonk (BONK) and dogwifhat (WIF) have been hot topics and top performers throughout this bull cycle. Bonk has up 4291% since January 2023, while WIF has risen 1512% since December 2023. PEPE and Book of Meme have also performed well. Top crypto experts like Alex Krüger and Altcoin Sherpa say Bitcoin (BTC) and memecoins have dominated this cycle. However, their performance is usually significantly correlated with BTC's. Cat-Themed Memecoins Lead With Popcat Although canine-inspired tokens dominate the memecoin market, feline-inspired ones are gaining favor. The cats' tokens rose nearly 20% in 24 hours, whereas the dogs' only up 3.7%. Crypto market gains have been led by cat-themed memecoins in recent days. Popcat, for instance, has risen over the recent retrace and into the top 10 memecoins. Popcat, which seems to be gaining a dedicated following, has shown double-digit gains this week. The coin briefly flipped BOME with its $570.3 million market valuation, according to SolanaFloor. Memecoin researcher Murad predicts Popcat will rise to $5-10 as “the Crowned Top Cat.” The trader specified multiple objectives, including a long-term $20 scenario, as the coin surpassed its ATH of $0.618 on Thursday. MEW became the eighth biggest memecoin by market capitalization a month ago, joining the dogs. Monthly and weekly price drops of 51.8% and 28.4% have plagued the lonely kitty since then. #BinanceLaunchpool #CryptoWatchMay2024 #Memecoins #popcat $WIF
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