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After all, it's your own money at stake here, So always #dyor before making your investments. Ride these crypto waves like a pro! Improve portfolio positions everyday.
After all, it's your own money at stake here, So always #dyor before making your investments. Ride these crypto waves like a pro! Improve portfolio positions everyday.
Pixels (PXL) tokenomics and in-depth Analysis(Source: bombolo.in) Pixels, a popular online game that uses cryptocurrency on the Ronin network. They will be introducing their own token. They're kicking things off with a promotion on Binance Launchpool, where players can earn rewards in tokens just for participating. PIXEL is like the money you use in a special online game called Pixels. In this game, you can do lots of fun things like farming, exploring, and creating stuff.The PIXEL token is the special money used in this game. You can use PIXEL tokens to buy things like cool items or special passes that give you extra benefits in the game.You can also use PIXEL tokens to join groups called Guilds, where you can hang out with other players and do things together.In the future, PIXEL tokens might also be used for making decisions about how the game is run and managing a shared fund for the game community.Also Read: Ronin (RON) Coin Analysis, Price, Market-cap and Future PredictionsBinance Unveils PIXEL Staking Rewards:Binance will introduce the PIXEL token through its Launchpool promotion. This means Binance users can earn PIXEL tokens by staking either Binance's BNB or the FDUSD stablecoin in special pools. During the promotion, a total of 350 million PIXEL tokens will be available, which is about 7% of all PIXEL tokens.The Launchpool promotion starts on February 9 and runs for 10 days. After that, on February 19, Binance will officially list the PIXEL token on its exchange. That's when people can start trading the PIXEL token.It is not certain if Pixels will give PIXEL tokens to players who won in the game's play-to-airdrop events. Around 28,000 wallets might qualify for the PIXEL airdrop from in-game reward programs. Decrypt's GG asked a Ronin representative about when the airdrop will happen, but they have not gotten a response yet.Also Read: Is Chainlink ($LINK) coin good for a long term investment? Chainlink ($LINK) price predictions 2024, 2025, 2026, 2027, 2028, 2029, 2030.Tokenomics:Think of tokenomics like a seesaw between supply and demand. On one side, you have the supply of the token, which is like how many tokens are available. On the other side, you have demand, which is how much people want those tokens.When the supply is low and the demand is high, the token's value goes up. But if the supply increases too much or demand drops, the value can go down.To control this, whoever's in charge of the token can adjust the supply. They might make more tokens (increasing supply) or take some out of circulation (reducing supply).This balance between how many tokens are out there and how much people want them helps determine the token's value.Also Read: Is Ronin (RON) Coin good for a long term investment? Ronin (RON) Coin Price analysis and Future Prediction 2024, 2025, 2026, 2027, 2028, 2029 and 2030

Pixels (PXL) tokenomics and in-depth Analysis

(Source: bombolo.in) Pixels, a popular online game that uses cryptocurrency on the Ronin network. They will be introducing their own token. They're kicking things off with a promotion on Binance Launchpool, where players can earn rewards in tokens just for participating. PIXEL is like the money you use in a special online game called Pixels. In this game, you can do lots of fun things like farming, exploring, and creating stuff.The PIXEL token is the special money used in this game. You can use PIXEL tokens to buy things like cool items or special passes that give you extra benefits in the game.You can also use PIXEL tokens to join groups called Guilds, where you can hang out with other players and do things together.In the future, PIXEL tokens might also be used for making decisions about how the game is run and managing a shared fund for the game community.Also Read: Ronin (RON) Coin Analysis, Price, Market-cap and Future PredictionsBinance Unveils PIXEL Staking Rewards:Binance will introduce the PIXEL token through its Launchpool promotion. This means Binance users can earn PIXEL tokens by staking either Binance's BNB or the FDUSD stablecoin in special pools. During the promotion, a total of 350 million PIXEL tokens will be available, which is about 7% of all PIXEL tokens.The Launchpool promotion starts on February 9 and runs for 10 days. After that, on February 19, Binance will officially list the PIXEL token on its exchange. That's when people can start trading the PIXEL token.It is not certain if Pixels will give PIXEL tokens to players who won in the game's play-to-airdrop events. Around 28,000 wallets might qualify for the PIXEL airdrop from in-game reward programs. Decrypt's GG asked a Ronin representative about when the airdrop will happen, but they have not gotten a response yet.Also Read: Is Chainlink ($LINK) coin good for a long term investment? Chainlink ($LINK) price predictions 2024, 2025, 2026, 2027, 2028, 2029, 2030.Tokenomics:Think of tokenomics like a seesaw between supply and demand. On one side, you have the supply of the token, which is like how many tokens are available. On the other side, you have demand, which is how much people want those tokens.When the supply is low and the demand is high, the token's value goes up. But if the supply increases too much or demand drops, the value can go down.To control this, whoever's in charge of the token can adjust the supply. They might make more tokens (increasing supply) or take some out of circulation (reducing supply).This balance between how many tokens are out there and how much people want them helps determine the token's value.Also Read: Is Ronin (RON) Coin good for a long term investment? Ronin (RON) Coin Price analysis and Future Prediction 2024, 2025, 2026, 2027, 2028, 2029 and 2030
ICE: Phone-mining, monthly Rewards distribution, Listings, Price, Blockchain and more(Source: bombolo.in) The ICE project is a budding crypto project that was first introduced on April 4th, 2023 and is currently in the early-bird phase. The project was launched on the BNB Smart Network (BEP-20) chain on 17th January 2024. Early-bird users (Snowman) can instantly start mining ICE daily at just the click of a fingertip ($0 investment). The mint tokens are then distributed monthly to miner's BEP-20 wallet address. However, ICE is currently in the invite-only mode. Meaning, you can only enter the Network with an invitation to start mining ⛏️ ICE.✉️ Official Invitations (working in January 2024)The project has seen a record user base growth of 2M+ active users daily in just 10 months since introduced. The First Phase-1 rewards distribution was successfully completed on 17th January 2024 and this distribution is set to continue until the project migrates to its own blockchain which is planned for later this year (tentatively Oct 2024). ICE developers claim this project is about to change how people mine cryptocurrency.Current Listings: OKX Exchange, Gate-ioListing/Trading date: 10AM Jan19 (UTC)Phase-1 Rewards: 17 Jan 2024Developers claim: What makes ICE different is how we earn it, called "mining". We can mine ICE coins hourly using our android/ios smartphone. As part of the Phase-1 distributions, ICE Holders(miners) will be able to recieve ICE weekly/monthly over Binance Smart Chain network (BEP-20) (earlier it was decided to be over ETH network). ICE developers claim on transparency allowing regular people to have a say in its governance. Check-in daily and start mining at a click of your fingertips. Unlike other cryptocurrencies, ICE doesn't require a lot of energy or expensive computer equipment. You can mine it without using up a bunch of power or draining your device's battery. This makes it easy for anyone to get into crypto without spending a lot of money on equipment or dealing with high energy costs.Invite your friends and family to join the community with you! When you form a small community, you can work together to 'mine' for rewards and help each other succeed. The more people mining at the same time, the more trust points the network earns. Trust points are like fuel for making the network stronger. Also, the code that runs ICE is available for everyone to see on GitHub. This means users can check and make sure that the project is genuine, and they can see how it's being developed.Why Choose ICE?The ICE project is designed to be open, fair, and easy for everyone to use. Most cryptocurrencies out there are controlled by a few big players, but the developers at ICE wanted to create something powered by regular people. They believe in being clear about how things work and giving users control over their paths.The ICE project is all about working together and making it accessible to everyone – whether you're someone who mines, develops, or just wants to be part of something amazing. They want to give people the chance to be part of a big change in the world of cryptocurrency.Their team has put in a lot of hard work to make the ICE project successful. Their big idea is to make financial freedom and independence possible for everyone, no matter how much money they have or where they come from.They believe in giving power to everyone, not just a few, so everyone has the opportunity to be part of this new way of doing things and get rewards for being active in their own small groups.ICE Roadmap:ICE is a relatively new project launched on April 4th, 2023. On 2nd December 2023, The developers have recently released the ICE white-paper to the public. Do visit the Official ICE website to view/download the ICE white paper.

ICE: Phone-mining, monthly Rewards distribution, Listings, Price, Blockchain and more

(Source: bombolo.in) The ICE project is a budding crypto project that was first introduced on April 4th, 2023 and is currently in the early-bird phase. The project was launched on the BNB Smart Network (BEP-20) chain on 17th January 2024. Early-bird users (Snowman) can instantly start mining ICE daily at just the click of a fingertip ($0 investment). The mint tokens are then distributed monthly to miner's BEP-20 wallet address. However, ICE is currently in the invite-only mode. Meaning, you can only enter the Network with an invitation to start mining ⛏️ ICE.✉️ Official Invitations (working in January 2024)The project has seen a record user base growth of 2M+ active users daily in just 10 months since introduced. The First Phase-1 rewards distribution was successfully completed on 17th January 2024 and this distribution is set to continue until the project migrates to its own blockchain which is planned for later this year (tentatively Oct 2024). ICE developers claim this project is about to change how people mine cryptocurrency.Current Listings: OKX Exchange, Gate-ioListing/Trading date: 10AM Jan19 (UTC)Phase-1 Rewards: 17 Jan 2024Developers claim: What makes ICE different is how we earn it, called "mining". We can mine ICE coins hourly using our android/ios smartphone. As part of the Phase-1 distributions, ICE Holders(miners) will be able to recieve ICE weekly/monthly over Binance Smart Chain network (BEP-20) (earlier it was decided to be over ETH network). ICE developers claim on transparency allowing regular people to have a say in its governance. Check-in daily and start mining at a click of your fingertips. Unlike other cryptocurrencies, ICE doesn't require a lot of energy or expensive computer equipment. You can mine it without using up a bunch of power or draining your device's battery. This makes it easy for anyone to get into crypto without spending a lot of money on equipment or dealing with high energy costs.Invite your friends and family to join the community with you! When you form a small community, you can work together to 'mine' for rewards and help each other succeed. The more people mining at the same time, the more trust points the network earns. Trust points are like fuel for making the network stronger. Also, the code that runs ICE is available for everyone to see on GitHub. This means users can check and make sure that the project is genuine, and they can see how it's being developed.Why Choose ICE?The ICE project is designed to be open, fair, and easy for everyone to use. Most cryptocurrencies out there are controlled by a few big players, but the developers at ICE wanted to create something powered by regular people. They believe in being clear about how things work and giving users control over their paths.The ICE project is all about working together and making it accessible to everyone – whether you're someone who mines, develops, or just wants to be part of something amazing. They want to give people the chance to be part of a big change in the world of cryptocurrency.Their team has put in a lot of hard work to make the ICE project successful. Their big idea is to make financial freedom and independence possible for everyone, no matter how much money they have or where they come from.They believe in giving power to everyone, not just a few, so everyone has the opportunity to be part of this new way of doing things and get rewards for being active in their own small groups.ICE Roadmap:ICE is a relatively new project launched on April 4th, 2023. On 2nd December 2023, The developers have recently released the ICE white-paper to the public. Do visit the Official ICE website to view/download the ICE white paper.
Chainlink's Impressive Surge: Can It Sustain the Momentum and reach $20?Bombolo | Coin News and ArticlesWith a rising focus on the Real World Asset sector contributing to the upward momentum in LINK Coin's price, the big question here is: How much longer will this significant double-digit increase in price continue?As of now, the price of Chainlink is $18.01 USD, and in the last 24 hours, people have traded Chainlink coins for a total value of $1,523,644,681 USD. Chainlink has gone up by 14.69% in this time. It's total market value is $10,230,723,234 USD. There are 568,099,970 Chainlink coins available for trading, and the maximum number that will ever exist is 1,000,000,000 LINK coins.In the past 24 hours, people have traded Chainlink (LINK) coins for a total value of $1,812,558,435. This is a 108.50% increase compared to the trading activity from the day before, indicating a recent boost in market activity.Also Read: Is Chainlink ($LINK) coin good for a long term investment? Chainlink ($LINK) price predictions 2024, 2025, 2026, 2027, 2028, 2029, 2030.Is a $20 Target Achievable for LINK Price?The MACD (Moving Average Convergence Divergence) is like a graph that helps us see if people are buying or selling a certain thing (like a stock or cryptocurrency). When the bars on the graph are going up and are green, it means more people are buying, and this is a sign that the price might keep going up in the future. Also, when we look at the averages (another type of number that shows the average price), if they are going up quickly, it's another sign that the price will probably keep going up soon.If the price of Chainlink stays higher than $17.977, the buyers (bulls) will feel more confident and try to push the price up to $18.746. If they can keep the price around that level, it might give Chainlink a chance to try going even higher, aiming for $20 by the end of this month.On the flip side, if the trend changes and the LINK price starts going down, it might lose speed and drop to around $16.477 this week. And if the sellers (bears) keep controlling the market, the price could fall even more, possibly testing a lower support level of $15.411 in the next few days.Also Read: Manta Token Analysis, Price, Market-cap and Future Predictions

Chainlink's Impressive Surge: Can It Sustain the Momentum and reach $20?

Bombolo | Coin News and ArticlesWith a rising focus on the Real World Asset sector contributing to the upward momentum in LINK Coin's price, the big question here is: How much longer will this significant double-digit increase in price continue?As of now, the price of Chainlink is $18.01 USD, and in the last 24 hours, people have traded Chainlink coins for a total value of $1,523,644,681 USD. Chainlink has gone up by 14.69% in this time. It's total market value is $10,230,723,234 USD. There are 568,099,970 Chainlink coins available for trading, and the maximum number that will ever exist is 1,000,000,000 LINK coins.In the past 24 hours, people have traded Chainlink (LINK) coins for a total value of $1,812,558,435. This is a 108.50% increase compared to the trading activity from the day before, indicating a recent boost in market activity.Also Read: Is Chainlink ($LINK ) coin good for a long term investment? Chainlink ($LINK ) price predictions 2024, 2025, 2026, 2027, 2028, 2029, 2030.Is a $20 Target Achievable for LINK Price?The MACD (Moving Average Convergence Divergence) is like a graph that helps us see if people are buying or selling a certain thing (like a stock or cryptocurrency). When the bars on the graph are going up and are green, it means more people are buying, and this is a sign that the price might keep going up in the future. Also, when we look at the averages (another type of number that shows the average price), if they are going up quickly, it's another sign that the price will probably keep going up soon.If the price of Chainlink stays higher than $17.977, the buyers (bulls) will feel more confident and try to push the price up to $18.746. If they can keep the price around that level, it might give Chainlink a chance to try going even higher, aiming for $20 by the end of this month.On the flip side, if the trend changes and the LINK price starts going down, it might lose speed and drop to around $16.477 this week. And if the sellers (bears) keep controlling the market, the price could fall even more, possibly testing a lower support level of $15.411 in the next few days.Also Read: Manta Token Analysis, Price, Market-cap and Future Predictions
ICE becomes the "Fastest Growing Crypto Community" with record 2M+ miners in just 10 months(Source: bombolo.in) ICE Network is a trending new project launched on the BNB Smart Chain (BEP-20) on 17th January 2024. It was first introduced to the world on 4th April 2023 as a project where users can mine tokens using any mobile device. Since then, ICE network has seen a growing user-base with currently 2.2M daily miners worldwide in just a span of 10 months. However, to be part of the ICE Network (snowman) and start mining, you need an invitation. Join ICE Network Today!✉️ Official Invitations (working in January 2024):Once you're in and completed your KYC, you can start earning mining ICE hourly and also form your own communities.Recently, after the first Phase-1 ICE rewards distribution on 17 January 2024, early miners were reported to have experienced significant wealth growth by selling their accumulated ICE tokens. Two days after the rewards distribution, ICE made debut entry into the crypto market on OKX and gate-io exchanges. With a launching day price between 0.01 to 0.02 the ICE miners are happy with their tokens accumulated by mining ICE in the ICE app. ICE was launched into BNB Chain on 17 January 2024 and rewards distribution of accumulated tokens will continue until the project migrates to its own blockchain which is scheduled for later this year (tentatively October 2024).Also Read: [New Project] ICE Network: Phone-Mining, Staking, Blockchain launch and more.Requirements for receiving monthly ICE distribution rewards :Minimum Balance: You need to have at least 1,000 ICE tokens in your account.KYC Verification: You must complete two steps of verification known as KYC Step #1 and KYC Step #2.BNB Smart Chain Address: Make sure you have set a BNB Smart Chain (BSC) address in your account. This is the address where your ICE token will be sent.Active Mining Session: You should be actively participating in a mining session to be eligible for the coin distribution.Distributable Tokens: The distribution of ICE token will be for those that haven't been pre-staked and for those acquired through referrals who also meet the specified criteria.Monthly Distribution: ICE tokens will be distributed on a monthly basis using the BNB Smart Chain until the mainnet launch.It's highly recommended that you connect your BNB Smart Chain address from the OKX Exchange to your personal accounts. This helps make transactions smooth and prevents you from incurring extra fees for gas (transaction processing fees).About OKX: OKX is a well-known cryptocurrency exchange known for being very secure, easy to use, and offering a wide variety of cryptocurrency pairs for trading.Partnering with OKX is good for Ice coin because it gives Ice coin more visibility and makes it easier for people to buy and sell. This collaboration adds to the popularity and availability of Ice coin in the market.Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.

ICE becomes the "Fastest Growing Crypto Community" with record 2M+ miners in just 10 months

(Source: bombolo.in) ICE Network is a trending new project launched on the BNB Smart Chain (BEP-20) on 17th January 2024. It was first introduced to the world on 4th April 2023 as a project where users can mine tokens using any mobile device. Since then, ICE network has seen a growing user-base with currently 2.2M daily miners worldwide in just a span of 10 months. However, to be part of the ICE Network (snowman) and start mining, you need an invitation. Join ICE Network Today!✉️ Official Invitations (working in January 2024):Once you're in and completed your KYC, you can start earning mining ICE hourly and also form your own communities.Recently, after the first Phase-1 ICE rewards distribution on 17 January 2024, early miners were reported to have experienced significant wealth growth by selling their accumulated ICE tokens. Two days after the rewards distribution, ICE made debut entry into the crypto market on OKX and gate-io exchanges. With a launching day price between 0.01 to 0.02 the ICE miners are happy with their tokens accumulated by mining ICE in the ICE app. ICE was launched into BNB Chain on 17 January 2024 and rewards distribution of accumulated tokens will continue until the project migrates to its own blockchain which is scheduled for later this year (tentatively October 2024).Also Read: [New Project] ICE Network: Phone-Mining, Staking, Blockchain launch and more.Requirements for receiving monthly ICE distribution rewards :Minimum Balance: You need to have at least 1,000 ICE tokens in your account.KYC Verification: You must complete two steps of verification known as KYC Step #1 and KYC Step #2.BNB Smart Chain Address: Make sure you have set a BNB Smart Chain (BSC) address in your account. This is the address where your ICE token will be sent.Active Mining Session: You should be actively participating in a mining session to be eligible for the coin distribution.Distributable Tokens: The distribution of ICE token will be for those that haven't been pre-staked and for those acquired through referrals who also meet the specified criteria.Monthly Distribution: ICE tokens will be distributed on a monthly basis using the BNB Smart Chain until the mainnet launch.It's highly recommended that you connect your BNB Smart Chain address from the OKX Exchange to your personal accounts. This helps make transactions smooth and prevents you from incurring extra fees for gas (transaction processing fees).About OKX: OKX is a well-known cryptocurrency exchange known for being very secure, easy to use, and offering a wide variety of cryptocurrency pairs for trading.Partnering with OKX is good for Ice coin because it gives Ice coin more visibility and makes it easier for people to buy and sell. This collaboration adds to the popularity and availability of Ice coin in the market.Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.
AltLayer (ALT) coin Analysis | Tokenomics & Price Prediction(Source: bombolo.in) AltLayer is a type of technology that operates as an open and decentralized protocol. It focuses on something called "rollups," which are a specific technology used in blockchain systems. AltLayer introduces a unique concept called "Restaked Rollups." This involves taking existing rollups from various technologies (like OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and making them more secure, decentralized, and interoperable. AltLayer improves these rollups by adding features like enhanced security, decentralized operation, and the ability to work seamlessly with other systems (interoperability). It also uses a mechanism called "restaking" to achieve faster and more certain completion of transactions (crypto-economic fast finality). This means transactions get confirmed quickly and securely.In simple terms, AltLayer is like a tool that makes a certain kind of technology (rollups) more advanced and reliable by adding extra features and security measures.You can buy and sell ALT tokens on certain crypto exchanges. The most well-known place to trade ALT tokens is Binance. Besides Binance, you can also trade ALT tokens on other exchanges like BingX and Gate.io, which are also popular choices for ALT trading.Also Read: [[New Project] ICE Network Phone-Mining, Airdrop, Staking, Blockchain launch and more.](https://www.binance.com/en/feed/post/2866913195706?ref=37357550&utm_campaign=app_share_link)Price:The current value of Altlayer (ALT) on 26 January,2024 is $0.321630 in US dollars. Over the past 24 hours, there has been a total trading activity of Altlayer amounting to $721,895,649 USD. It's price has increased by 15.08% in the last 24 hours. Altlayer is ranked 137th among all cryptocurrencies according to many trading platform.The highest value that people have paid for AltLayer (ALT) was $0.3442. This highest price was reached on January 25, 2024, which is approximately 16 hours ago from the provided information. Right now, the current price of AltLayer is 6.75% lower than its highest price. This means that the value has decreased a bit from the highest point recorded on January 25, 2024.The lowest value that people have paid for AltLayer (ALT) was $0.2769. This lowest price was reached on January 25, 2024, which is approximately 21 hours ago from the provided information. Right now, the current price of AltLayer is 15.93% higher than its lowest price. This means that the value has increased by about 15.93% from the lowest point recorded on January 25, 2024.Also Read: Jito (JTO) coin Analysis, Price, Market-cap and Future PredictionsMarket-cap:The total value of all Altlayer coins in circulation is $353,792,857 USD. Currently, there are 1,100,000,000 ALT coins actively being traded. The maximum number of Altlayer coins that can ever exist is 10,000,000,000 ALT coins. The FDV of AltLayer (ALT) is $3,203,822,480. This number represents the potential maximum value of the AltLayer market if all 10 billion ALT tokens were available and in circulation right now.Future Predictions:In the year 2024, the prices of AltLayer throughout the year will be:Minimum Price: The lowest value it reached in 2024 was $0.344142.Average Price: On average, the price throughout the year was $0.354785.Maximum Price: The highest value it reached in 2024 was $0.408003.So, these numbers show the range of prices for AltLayer in the year 2024 – from the lowest to the highest, with an average value in between.Also Read: Manta Token Analysis, Price, Market-cap and Future PredictionsDisclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.

AltLayer (ALT) coin Analysis | Tokenomics & Price Prediction

(Source: bombolo.in) AltLayer is a type of technology that operates as an open and decentralized protocol. It focuses on something called "rollups," which are a specific technology used in blockchain systems. AltLayer introduces a unique concept called "Restaked Rollups." This involves taking existing rollups from various technologies (like OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and making them more secure, decentralized, and interoperable. AltLayer improves these rollups by adding features like enhanced security, decentralized operation, and the ability to work seamlessly with other systems (interoperability). It also uses a mechanism called "restaking" to achieve faster and more certain completion of transactions (crypto-economic fast finality). This means transactions get confirmed quickly and securely.In simple terms, AltLayer is like a tool that makes a certain kind of technology (rollups) more advanced and reliable by adding extra features and security measures.You can buy and sell ALT tokens on certain crypto exchanges. The most well-known place to trade ALT tokens is Binance. Besides Binance, you can also trade ALT tokens on other exchanges like BingX and Gate.io, which are also popular choices for ALT trading.Also Read: [New Project] ICE Network Phone-Mining, Airdrop, Staking, Blockchain launch and more.Price:The current value of Altlayer (ALT) on 26 January,2024 is $0.321630 in US dollars. Over the past 24 hours, there has been a total trading activity of Altlayer amounting to $721,895,649 USD. It's price has increased by 15.08% in the last 24 hours. Altlayer is ranked 137th among all cryptocurrencies according to many trading platform.The highest value that people have paid for AltLayer (ALT) was $0.3442. This highest price was reached on January 25, 2024, which is approximately 16 hours ago from the provided information. Right now, the current price of AltLayer is 6.75% lower than its highest price. This means that the value has decreased a bit from the highest point recorded on January 25, 2024.The lowest value that people have paid for AltLayer (ALT) was $0.2769. This lowest price was reached on January 25, 2024, which is approximately 21 hours ago from the provided information. Right now, the current price of AltLayer is 15.93% higher than its lowest price. This means that the value has increased by about 15.93% from the lowest point recorded on January 25, 2024.Also Read: Jito (JTO) coin Analysis, Price, Market-cap and Future PredictionsMarket-cap:The total value of all Altlayer coins in circulation is $353,792,857 USD. Currently, there are 1,100,000,000 ALT coins actively being traded. The maximum number of Altlayer coins that can ever exist is 10,000,000,000 ALT coins. The FDV of AltLayer (ALT) is $3,203,822,480. This number represents the potential maximum value of the AltLayer market if all 10 billion ALT tokens were available and in circulation right now.Future Predictions:In the year 2024, the prices of AltLayer throughout the year will be:Minimum Price: The lowest value it reached in 2024 was $0.344142.Average Price: On average, the price throughout the year was $0.354785.Maximum Price: The highest value it reached in 2024 was $0.408003.So, these numbers show the range of prices for AltLayer in the year 2024 – from the lowest to the highest, with an average value in between.Also Read: Manta Token Analysis, Price, Market-cap and Future PredictionsDisclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.
WEN token Analysis, Price, Market Cap and Future Prediction.(Source: bombolo.in) $WEN is a memcoin but it's not just any memecoin, though – it also acts as the governance token for WEN DAO. WEN DAO is a decentralized platform created by WenMint, a significant player in the world of NFTs (Non-Fungible Tokens) on the Ethereum blockchain. The name "Wen" is a nod to a popular meme in the Web 3 space, which is all about the decentralized and more interactive internet.WenMint has been busy over the last two years, launching more than 200 NFT projects. They've built a large community of over 50,000 people who own these special NFTs.Now, $WEN isn't just about being a memecoin or a token for transactions. It's also designed to play a role in governing or making decisions for WEN DAO. This means that people who hold $WEN tokens may have a say in the decisions and activities of the decentralized organization.Also Read: ICE Network: Phone-Mining, Rewards Distribution, Staking, Listings, Blockchain and more.Price:The trading volume of Wen ($WEN) in the last 24 hours is $33,779,401. This means that during the past day, people have bought and sold $WEN tokens, and the total value of these transactions is $33,779,401.The percentage increase, which is 1,629,607.70%, indicates how much more trading activity there has been compared to the day before. It's a huge increase and suggests that there has been a significant spike in the buying and selling of $WEN tokens recently.In simpler terms, the big percentage increase shows that a lot more people have been actively trading $WEN in the last 24 hours, indicating a sudden surge in market activity.The highest price ever paid for Wen ($WEN) was $0.0001378, and this happened today that is January 27, 2024. Right now, the current price of $WEN is 3.82% lower than this highest recorded price.On the other hand, the lowest price ever paid for $WEN was $0.0000156, and this occurred on January 26, 2024. Currently, the current price is 749.58% higher than this lowest recorded price.Also Read: Manta Token Analysis, Price, Market-cap and Future PredictionsMarket-cap:The market capitalization (market cap) of Wen ($WEN) is like the total value of all the tokens of Wen that are currently available for trading in the market. It's calculated by multiplying the price of each $WEN token by the total number of tokens that people can buy and sell.In this case, the market cap of Wen is $133,448,806, and it's ranked as the 303rd cryptocurrency on CoinGecko, which is a platform that tracks information about various cryptocurrencies.The total supply of $WEN tokens that are available for trading is 1 trillion. So, to find the market cap, you multiply the price of one $WEN token by the total number of tokens (1 trillion). This gives you the overall value of all the $WEN tokens in the market.The fully diluted valuation (FDV) of Wen ($WEN) is like an estimate of the highest possible value the cryptocurrency could reach in the future. It assumes that all 1 trillion $WEN tokens (the maximum number that can ever be available) are in circulation right now.So, if every single $WEN token were already being traded, the fully diluted valuation would be $133,448,806.The actual value of $WEN will depend on how many tokens are currently in circulation and being traded. The fully diluted valuation gives us an idea of the maximum potential value, but it might take a long time before all the tokens are actually in circulation, depending on how the creators of $WEN release new tokens over the years.Also Read: Sleepless AI (AI) Analysis | Tokenomics and Future PredictionFuture Predictions:Based on a detailed analysis of past price data for Wen, the predictions for 2024 suggest the following:The minimum expected price for Wen in 2024 is $0.000187. This means that, according to the analysis, the price is not expected to drop below this level.The maximum predicted price for Wen in 2024 is $0.000228. This is the highest price that is anticipated based on the analysis.On average, the trading price of Wen in 2024 is expected to be around $0.000194. This is the middle point between the minimum and maximum predicted prices.In simpler terms, the analysis suggests that in 2024, Wen's price may fluctuate between $0.000187 and $0.000228, with an average trading price around $0.000194.Also Read: Altlayer (ALT) Analysis, Price, Market-cap and Future PredictionsDisclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.

WEN token Analysis, Price, Market Cap and Future Prediction.

(Source: bombolo.in) $WEN is a memcoin but it's not just any memecoin, though – it also acts as the governance token for WEN DAO. WEN DAO is a decentralized platform created by WenMint, a significant player in the world of NFTs (Non-Fungible Tokens) on the Ethereum blockchain. The name "Wen" is a nod to a popular meme in the Web 3 space, which is all about the decentralized and more interactive internet.WenMint has been busy over the last two years, launching more than 200 NFT projects. They've built a large community of over 50,000 people who own these special NFTs.Now, $WEN isn't just about being a memecoin or a token for transactions. It's also designed to play a role in governing or making decisions for WEN DAO. This means that people who hold $WEN tokens may have a say in the decisions and activities of the decentralized organization.Also Read: ICE Network: Phone-Mining, Rewards Distribution, Staking, Listings, Blockchain and more.Price:The trading volume of Wen ($WEN) in the last 24 hours is $33,779,401. This means that during the past day, people have bought and sold $WEN tokens, and the total value of these transactions is $33,779,401.The percentage increase, which is 1,629,607.70%, indicates how much more trading activity there has been compared to the day before. It's a huge increase and suggests that there has been a significant spike in the buying and selling of $WEN tokens recently.In simpler terms, the big percentage increase shows that a lot more people have been actively trading $WEN in the last 24 hours, indicating a sudden surge in market activity.The highest price ever paid for Wen ($WEN) was $0.0001378, and this happened today that is January 27, 2024. Right now, the current price of $WEN is 3.82% lower than this highest recorded price.On the other hand, the lowest price ever paid for $WEN was $0.0000156, and this occurred on January 26, 2024. Currently, the current price is 749.58% higher than this lowest recorded price.Also Read: Manta Token Analysis, Price, Market-cap and Future PredictionsMarket-cap:The market capitalization (market cap) of Wen ($WEN) is like the total value of all the tokens of Wen that are currently available for trading in the market. It's calculated by multiplying the price of each $WEN token by the total number of tokens that people can buy and sell.In this case, the market cap of Wen is $133,448,806, and it's ranked as the 303rd cryptocurrency on CoinGecko, which is a platform that tracks information about various cryptocurrencies.The total supply of $WEN tokens that are available for trading is 1 trillion. So, to find the market cap, you multiply the price of one $WEN token by the total number of tokens (1 trillion). This gives you the overall value of all the $WEN tokens in the market.The fully diluted valuation (FDV) of Wen ($WEN) is like an estimate of the highest possible value the cryptocurrency could reach in the future. It assumes that all 1 trillion $WEN tokens (the maximum number that can ever be available) are in circulation right now.So, if every single $WEN token were already being traded, the fully diluted valuation would be $133,448,806.The actual value of $WEN will depend on how many tokens are currently in circulation and being traded. The fully diluted valuation gives us an idea of the maximum potential value, but it might take a long time before all the tokens are actually in circulation, depending on how the creators of $WEN release new tokens over the years.Also Read: Sleepless AI (AI) Analysis | Tokenomics and Future PredictionFuture Predictions:Based on a detailed analysis of past price data for Wen, the predictions for 2024 suggest the following:The minimum expected price for Wen in 2024 is $0.000187. This means that, according to the analysis, the price is not expected to drop below this level.The maximum predicted price for Wen in 2024 is $0.000228. This is the highest price that is anticipated based on the analysis.On average, the trading price of Wen in 2024 is expected to be around $0.000194. This is the middle point between the minimum and maximum predicted prices.In simpler terms, the analysis suggests that in 2024, Wen's price may fluctuate between $0.000187 and $0.000228, with an average trading price around $0.000194.Also Read: Altlayer (ALT) Analysis, Price, Market-cap and Future PredictionsDisclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.
Solana: Analyzing Recent Trends, Predictions, and Long-Term Investment Potential(Source: bombolo.in) Solana (SOL) had a great year in 2023, with its value increasing by almost 1000% at one point, reaching a high of $121.45 on December 26, 2023. Recently, its price has gone down by more than 12% in the past week and over 22% in the last 30 days. Despite this short-term decline, if you look at the bigger picture, Solana is still doing well, with a 1.9% increase in the daily charts and an impressive 278% increase over the past year. In simpler terms, while there have been recent drops, Solana has shown significant growth over the longer term.According to our crypto analyst, they predict that the price of Solana (SOL) might go down to $70 before going back up to $100. Currently, this would mean a decrease of about 20% from the current price. So, they expect SOL to experience a temporary drop to $70 before showing any positive movement and recovering to the $100 level. In simpler terms, they think the price will dip a bit before potentially going up again.The project has received a lot of requests to buy its mobile phone called Saga. In fact, more than 40,000 people have ordered it. This increase in demand for the mobile phone could also help the value of the project's asset (possibly a cryptocurrency or token) to go up. In simpler terms, the popularity and high demand for the Saga mobile phone may positively impact the price of the project's digital asset.Also Read: Manta Token Analysis, Price, Market-cap and Future PredictionsSolana price prediction for next week:According to our predictions, the expected price of Solana (SOL) for the upcoming week is estimated to be between $89.35 at the lowest and $94.77 at the highest. Our chart suggests that if things go well and the price follows our upper prediction, there could be a 6.06% increase, and Solana might reach $94.77 by February 5, 2024. In simpler terms, we anticipate the price to go up, with the potential to reach $94.77 if it reaches the higher end of our predicted range.Also Read: Sleepless AI (AI) Analysis | Tokenomics and Future PredictionIs Solana Coin good for a long term investment?In the last month, Solana had 11 out of 30 days (or 37%) where its price increased, showing positive growth. Based on our historical data, investing in Solana has been profitable. Over the past year, the price of Solana went up by 251.30%, and if we look at a longer time frame of three years, its performance is an impressive 2,196.24%.According to various technical indicators used to predict future trends, the outlook for Solana in 2024 is neutral, meaning it's neither strongly positive nor negative. In 2024, this neutrality suggest that Solana might be a good investment opportunity. In simpler terms, while the technical indicators are neutral, it's wise to look at both how the price has behaved in the past and the overall activity and development of Solana's blockchain before making any investment decisions.Also Read: Is SEI coin good for a long term investment? SEI Price analysis and Future Prediction till 2030.Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.

Solana: Analyzing Recent Trends, Predictions, and Long-Term Investment Potential

(Source: bombolo.in) Solana (SOL) had a great year in 2023, with its value increasing by almost 1000% at one point, reaching a high of $121.45 on December 26, 2023. Recently, its price has gone down by more than 12% in the past week and over 22% in the last 30 days. Despite this short-term decline, if you look at the bigger picture, Solana is still doing well, with a 1.9% increase in the daily charts and an impressive 278% increase over the past year. In simpler terms, while there have been recent drops, Solana has shown significant growth over the longer term.According to our crypto analyst, they predict that the price of Solana (SOL) might go down to $70 before going back up to $100. Currently, this would mean a decrease of about 20% from the current price. So, they expect SOL to experience a temporary drop to $70 before showing any positive movement and recovering to the $100 level. In simpler terms, they think the price will dip a bit before potentially going up again.The project has received a lot of requests to buy its mobile phone called Saga. In fact, more than 40,000 people have ordered it. This increase in demand for the mobile phone could also help the value of the project's asset (possibly a cryptocurrency or token) to go up. In simpler terms, the popularity and high demand for the Saga mobile phone may positively impact the price of the project's digital asset.Also Read: Manta Token Analysis, Price, Market-cap and Future PredictionsSolana price prediction for next week:According to our predictions, the expected price of Solana (SOL) for the upcoming week is estimated to be between $89.35 at the lowest and $94.77 at the highest. Our chart suggests that if things go well and the price follows our upper prediction, there could be a 6.06% increase, and Solana might reach $94.77 by February 5, 2024. In simpler terms, we anticipate the price to go up, with the potential to reach $94.77 if it reaches the higher end of our predicted range.Also Read: Sleepless AI (AI) Analysis | Tokenomics and Future PredictionIs Solana Coin good for a long term investment?In the last month, Solana had 11 out of 30 days (or 37%) where its price increased, showing positive growth. Based on our historical data, investing in Solana has been profitable. Over the past year, the price of Solana went up by 251.30%, and if we look at a longer time frame of three years, its performance is an impressive 2,196.24%.According to various technical indicators used to predict future trends, the outlook for Solana in 2024 is neutral, meaning it's neither strongly positive nor negative. In 2024, this neutrality suggest that Solana might be a good investment opportunity. In simpler terms, while the technical indicators are neutral, it's wise to look at both how the price has behaved in the past and the overall activity and development of Solana's blockchain before making any investment decisions.Also Read: Is SEI coin good for a long term investment? SEI Price analysis and Future Prediction till 2030.Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.
MANTA token Analysis | Gateway to dApps and Predicted Price movements untill 2030(Source: bombolo.in) Manta Network is like a digital environment where users can create and use decentralized applications (dApps) based on Solidity. Think of Manta Network as a flexible and modular space. Users can easily piece together different components to create and customize their own decentralized applications.Manta Network is designed to make transactions happen quickly. This means that when you use a dApp on Manta, actions like transferring tokens or interacting with smart contracts can occur faster compared to some other blockchain networks (referred to as Layer 1 or L1).Gas fees are fees you pay to use a blockchain network. Manta aims to keep these costs lower than what you might find on other Layer 1 blockchains or even Layer 2 solutions (L2).Also Read: [ICE Phase 1 Rewards distribution successful. Launch day price at 0.01 (1cent) per token.](https://www.binance.com/en/feed/post/2948536011785?)Price analysis:Today, on 24th January 2023, Manta Network is priced around $2.56 USD. In the last 24 hours, there has been a total trading volume of $559,141,506 USD. It has experienced an 8.09% increase in its price in the last 24 hours. This means that the value of Manta Network has gone up by this percentage during this time frame.The total market value of all Manta Network coins in circulation is $579,768,449 USD. This is calculated by multiplying the current price by the circulating supply of MANTA coins. There are currently 251,000,000 MANTA coins in circulation out of a maximum supply of 1,000,000,000 MANTA coins. The circulating supply indicates the number of coins available in the market.Future Prediction:Prediction 2024:The minimum expected price for Manta Network in 2024 is $1.99.The maximum expected price is $3.69.The average predicted trading price is around $2.83.Also Read: Manta Token Analysis, Price, Market-cap and Future PredictionsPrediction 2025:The lowest expected price for Manta Network in 2025 is approximately $3.22.The highest anticipated price could be around $5.66.On average, the predicted trading price is estimated to be about $4.311 in 2025.Prediction 2026:The lowest expected price for Manta Network in 2026 is approximately $4.77.The highest anticipated price could be around $8.09.On average, experts predict the trading price to be about $6.39 in 2026.Also Read: Is SEI coin good for a long term investment? SEI Price analysis and Future Prediction 2024, 2025, 2026, 2027, 2028, 2029, 2030..Prediction 2027:The experts predict that in 2027, the lowest price for Manta Network could be around $10.34.The highest expected price might reach $9.23.On average, they anticipate the trading price to be approximately $9.99 in 2027.Prediction 2028:In 2028, experts predict that the lowest expected price for Manta Network could be around $10.51.The highest anticipated price is estimated to be approximately $17.23.On average, they expect MANTA to be traded at about $13.62 in 2028.Prediction 2029:Crypto experts predict that, on average, the price of Manta Network in 2029 will be around $19.78.The lowest expected price is approximately $13.34.The highest anticipated price could reach around $24.52 during the year.Prediction 2030:In 2030, experts predict that Manta Network's price may fluctuate between a minimum of approximately $19.53 and a maximum of about $34.56.On average, they anticipate MANTA to be traded at around $27.045 throughout the year.Also Read: Jito (JTO) coin Analysis, Price, Market-cap and Future PredictionsDisclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.

MANTA token Analysis | Gateway to dApps and Predicted Price movements untill 2030

(Source: bombolo.in) Manta Network is like a digital environment where users can create and use decentralized applications (dApps) based on Solidity. Think of Manta Network as a flexible and modular space. Users can easily piece together different components to create and customize their own decentralized applications.Manta Network is designed to make transactions happen quickly. This means that when you use a dApp on Manta, actions like transferring tokens or interacting with smart contracts can occur faster compared to some other blockchain networks (referred to as Layer 1 or L1).Gas fees are fees you pay to use a blockchain network. Manta aims to keep these costs lower than what you might find on other Layer 1 blockchains or even Layer 2 solutions (L2).Also Read: ICE Phase 1 Rewards distribution successful. Launch day price at 0.01 (1cent) per token.Price analysis:Today, on 24th January 2023, Manta Network is priced around $2.56 USD. In the last 24 hours, there has been a total trading volume of $559,141,506 USD. It has experienced an 8.09% increase in its price in the last 24 hours. This means that the value of Manta Network has gone up by this percentage during this time frame.The total market value of all Manta Network coins in circulation is $579,768,449 USD. This is calculated by multiplying the current price by the circulating supply of MANTA coins. There are currently 251,000,000 MANTA coins in circulation out of a maximum supply of 1,000,000,000 MANTA coins. The circulating supply indicates the number of coins available in the market.Future Prediction:Prediction 2024:The minimum expected price for Manta Network in 2024 is $1.99.The maximum expected price is $3.69.The average predicted trading price is around $2.83.Also Read: Manta Token Analysis, Price, Market-cap and Future PredictionsPrediction 2025:The lowest expected price for Manta Network in 2025 is approximately $3.22.The highest anticipated price could be around $5.66.On average, the predicted trading price is estimated to be about $4.311 in 2025.Prediction 2026:The lowest expected price for Manta Network in 2026 is approximately $4.77.The highest anticipated price could be around $8.09.On average, experts predict the trading price to be about $6.39 in 2026.Also Read: Is SEI coin good for a long term investment? SEI Price analysis and Future Prediction 2024, 2025, 2026, 2027, 2028, 2029, 2030..Prediction 2027:The experts predict that in 2027, the lowest price for Manta Network could be around $10.34.The highest expected price might reach $9.23.On average, they anticipate the trading price to be approximately $9.99 in 2027.Prediction 2028:In 2028, experts predict that the lowest expected price for Manta Network could be around $10.51.The highest anticipated price is estimated to be approximately $17.23.On average, they expect MANTA to be traded at about $13.62 in 2028.Prediction 2029:Crypto experts predict that, on average, the price of Manta Network in 2029 will be around $19.78.The lowest expected price is approximately $13.34.The highest anticipated price could reach around $24.52 during the year.Prediction 2030:In 2030, experts predict that Manta Network's price may fluctuate between a minimum of approximately $19.53 and a maximum of about $34.56.On average, they anticipate MANTA to be traded at around $27.045 throughout the year.Also Read: Jito (JTO) coin Analysis, Price, Market-cap and Future PredictionsDisclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.
Analyzing the meteoric Rise in SEI token and exploring market catalyst through in-depth Insights! (Source: bombolo.in) #TrendingTopic Sei is making big news in the cryptocurrency market because its price has been rapidly increasing since it was first introduced.Sei (SEI) is designed specifically for trading platforms, and it has something called a Layer-1 native order-matching engine. This tech is said to be even better than what's used in other popular blockchains like Solana and Aptos, making Sei stand out.Additionally, Sei (SEI) uses something called the Twin Turbo consensus mechanism, which makes its network really fast. It can complete activities in just 300 milliseconds, ensuring quick and efficient operations on the Sei (SEI) network.If Sei (SEI) keeps going the way it's been going, its price in 2024 might go up by a decent amount. The estimate is that it could be anywhere from about $0.39 at the lowest to around $2.36 at the highest for the whole year. However, it's important to know that these predictions are based on how unpredictable the cryptocurrency market can be. So, while there's a chance for growth, it's also a bit uncertain.In the near future, Sei (SEI) is getting ready for a big improvement called Sei v2. This upgrade includes a more efficient version of something called the Ethereum Virtual Machine (EVM). The goal is to make Sei work better and be more attractive for developers. This innovation should make Sei faster and more appealing for people who create software on it.However, even with these exciting changes, there are important challenges ahead. Keeping up the progress, making sure everything stays secure, and ensuring that these new features work smoothly are crucial tasks that need careful attention.Also Read: [New Project] ICE Network: Phone-Mining, Staking, Blockchain launch and more.(Source: bombolo.in) Why is the SEI Token Skyrocketing?In January 2024, the value of SEI token has gone up by a huge 8,900% compared to when it was first introduced in August 2023. Back in August, it started at a price of $0.0645, and by January 3, 2024, it reached its highest point at $0.718.Additionally, the total value of all SEI tokens in circulation, known as Total Value Locked (TVL), has also increased by a significant 3,500%. This means the combined worth of all SEI tokens is now $5.6 million, a substantial increase from the data available in August.Sei Price:The current price of Sei coin on is 17th January,2024 is $0.785575 in US dollars. Over the last 24 hours, there has been a total trading volume of Sei equal to $452,151,650. This represents the total value of Sei traded in that time. Sei's value has decreased by 2.57% in the last 24 hours. Among all cryptocurrencies, Sei is currently ranked at number 44 based on its market capitalization. The total market value of all existing Sei coins is $1,905,020,473. This is calculated by multiplying the current price by the circulating supply. There are currently 2,425,000,000 Sei coins circulating in the market. The maximum number of Sei coins that can ever exist is not available or specified.In summary, Sei's market ranking is 44th, and the total value of all Sei coins in the market is over $1.9 billion. The number of Sei coins currently being traded is 2,425,000,000.Also Read: Is SEI coin good for a long term investment? SEI Price analysis and Future Prediction 2024, 2025, 2026, 2027, 2028, 2029, 2030.(Source: bombolo.in) Analyzing SEI's Recent Surge and Market Dynamics:Over the last month, the stock of SEI (presumably a company) has been doing really well. Out of the 30 days, 17 days showed an increase in its stock price, making up 57% of the total time observed. This frequent rise in stock price suggests that there is strong and ongoing interest and demand for SEI in the stock market.When a stock is trading close to its highest-ever value, it usually means that a lot of investors are optimistic about it, expecting the price to go up even more. In the case of SEI (presumably a cryptocurrency), staying near its all-time high suggests that people continue to be interested in buying it, and they're confident it will do well in the future.SEI has a high liquidity, likely because it has a substantial market capitalization (total value of all its coins). This makes it attractive for both traders and investors because they can easily trade or invest in SEI without worrying too much about market disruptions.The good signs for SEI's future include its positive price movement, being close to its highest-ever value, and having a lot of available coins to trade (high liquidity).Now, here's an interesting detail: only less than 23% of all SEI coins that exist are currently being actively bought and sold. This means a big chunk of SEI coins is being held by people, possibly for a long time or for specific plans. This situation can affect how easy it is to trade SEI and how much its price might change.Because a significant amount of SEI isn't actively traded, if there are new developments in the market or more people want to buy SEI, it could have a bigger impact on the coin's price. This is because there are fewer coins available for trading, so any changes in demand or supply can have a more noticeable effect on SEI's value.Also Read: Is Fusionist (ACE) coin good for a long term investment? ACE analysis and price predictions 2024.(Source: bombolo.in) Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.

Analyzing the meteoric Rise in SEI token and exploring market catalyst through in-depth Insights!

(Source: bombolo.in) #TrendingTopic Sei is making big news in the cryptocurrency market because its price has been rapidly increasing since it was first introduced.Sei (SEI) is designed specifically for trading platforms, and it has something called a Layer-1 native order-matching engine. This tech is said to be even better than what's used in other popular blockchains like Solana and Aptos, making Sei stand out.Additionally, Sei (SEI) uses something called the Twin Turbo consensus mechanism, which makes its network really fast. It can complete activities in just 300 milliseconds, ensuring quick and efficient operations on the Sei (SEI) network.If Sei (SEI) keeps going the way it's been going, its price in 2024 might go up by a decent amount. The estimate is that it could be anywhere from about $0.39 at the lowest to around $2.36 at the highest for the whole year. However, it's important to know that these predictions are based on how unpredictable the cryptocurrency market can be. So, while there's a chance for growth, it's also a bit uncertain.In the near future, Sei (SEI) is getting ready for a big improvement called Sei v2. This upgrade includes a more efficient version of something called the Ethereum Virtual Machine (EVM). The goal is to make Sei work better and be more attractive for developers. This innovation should make Sei faster and more appealing for people who create software on it.However, even with these exciting changes, there are important challenges ahead. Keeping up the progress, making sure everything stays secure, and ensuring that these new features work smoothly are crucial tasks that need careful attention.Also Read: [New Project] ICE Network: Phone-Mining, Staking, Blockchain launch and more.(Source: bombolo.in) Why is the SEI Token Skyrocketing?In January 2024, the value of SEI token has gone up by a huge 8,900% compared to when it was first introduced in August 2023. Back in August, it started at a price of $0.0645, and by January 3, 2024, it reached its highest point at $0.718.Additionally, the total value of all SEI tokens in circulation, known as Total Value Locked (TVL), has also increased by a significant 3,500%. This means the combined worth of all SEI tokens is now $5.6 million, a substantial increase from the data available in August.Sei Price:The current price of Sei coin on is 17th January,2024 is $0.785575 in US dollars. Over the last 24 hours, there has been a total trading volume of Sei equal to $452,151,650. This represents the total value of Sei traded in that time. Sei's value has decreased by 2.57% in the last 24 hours. Among all cryptocurrencies, Sei is currently ranked at number 44 based on its market capitalization. The total market value of all existing Sei coins is $1,905,020,473. This is calculated by multiplying the current price by the circulating supply. There are currently 2,425,000,000 Sei coins circulating in the market. The maximum number of Sei coins that can ever exist is not available or specified.In summary, Sei's market ranking is 44th, and the total value of all Sei coins in the market is over $1.9 billion. The number of Sei coins currently being traded is 2,425,000,000.Also Read: Is SEI coin good for a long term investment? SEI Price analysis and Future Prediction 2024, 2025, 2026, 2027, 2028, 2029, 2030.(Source: bombolo.in) Analyzing SEI's Recent Surge and Market Dynamics:Over the last month, the stock of SEI (presumably a company) has been doing really well. Out of the 30 days, 17 days showed an increase in its stock price, making up 57% of the total time observed. This frequent rise in stock price suggests that there is strong and ongoing interest and demand for SEI in the stock market.When a stock is trading close to its highest-ever value, it usually means that a lot of investors are optimistic about it, expecting the price to go up even more. In the case of SEI (presumably a cryptocurrency), staying near its all-time high suggests that people continue to be interested in buying it, and they're confident it will do well in the future.SEI has a high liquidity, likely because it has a substantial market capitalization (total value of all its coins). This makes it attractive for both traders and investors because they can easily trade or invest in SEI without worrying too much about market disruptions.The good signs for SEI's future include its positive price movement, being close to its highest-ever value, and having a lot of available coins to trade (high liquidity).Now, here's an interesting detail: only less than 23% of all SEI coins that exist are currently being actively bought and sold. This means a big chunk of SEI coins is being held by people, possibly for a long time or for specific plans. This situation can affect how easy it is to trade SEI and how much its price might change.Because a significant amount of SEI isn't actively traded, if there are new developments in the market or more people want to buy SEI, it could have a bigger impact on the coin's price. This is because there are fewer coins available for trading, so any changes in demand or supply can have a more noticeable effect on SEI's value.Also Read: Is Fusionist (ACE) coin good for a long term investment? ACE analysis and price predictions 2024.(Source: bombolo.in) Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.
SEC approves several spot Bitcoin ETFs on 11 January 2024. The Impact of Approved Bitcoin ETFs in US(Source: bombolo.in) Recently, something important happened in the world of cryptocurrency. In the United States, there are now special funds called Bitcoin exchange-traded funds (ETFs) that people can buy and sell on the stock market. These funds saw a big increase in trading activity, with a total of $4.6 billion worth of shares bought and sold. This happened right after the U.S. government gave its approval for these funds to exist and be traded. The approval of Bitcoin funds is a big deal for the cryptocurrency industry.The approval has been given for eleven different Bitcoin exchange-traded funds (ETFs). These are special funds that let people easily buy and sell Bitcoin through the stock market. Some well-known ones include BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, and ARK 21Shares Bitcoin ETF. Now that these ETFs are available for trading since January 11, there's strong competition among companies wanting a piece of the market. It's like a race among them to attract investors and become popular in the world of Bitcoin investments.BitMEX Research data shows that there has been a total positive influx of $400 million for seven different Bitcoin exchange-traded funds (ETFs). For example, FBTC had a net influx of $227 million, IBIT saw a net increase of $112 million, EZBC had a net gain of $50.1 million, and HODL experienced a net inflow of $10.6 million. Interestingly, companies like Grayscale, BlackRock, and Fidelity are dominating the market based on the amount of trading happening, according to data from the London Stock Exchange Group. It means these companies are handling a large share of Bitcoin ETF transactions.Also Read: [[New Project] ICE: Phone-mining, Phase-1 Rewards distribution, Blockchain launch and more.](https://www.binance.com/en/feed/post/2701044214458?ref=37357550&utm_campaign=app_share_link)Initial Trading Phase:Even though a lot of people traded these new ETFs a lot in the beginning, experts are warning us not to think of it as something that will only last a short time. Todd Rosenbluth, a strategist at VettaFi, said, "A lot of trading is happening with these new ETFs, but we need to look at it as a marathon, not just a sprint." This means we shouldn't make quick judgments based on just one day of trading.The recent increase in trading, reaching $4.6 billion, for Bitcoin ETFs listed in the United States is a very important event for the cryptocurrency world. he fact that these funds got approval and are now being traded is like a test to see if more people will start considering digital assets, like Bitcoin, as a normal and popular way to invest.Also Read: [Sleepless AI (AI) Analysis | Tokenomics and Future Prediction](https://www.binance.com/en/feed/post/2020940680770?ref=37357550&utm_campaign=app_share_link)Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.

SEC approves several spot Bitcoin ETFs on 11 January 2024. The Impact of Approved Bitcoin ETFs in US

(Source: bombolo.in) Recently, something important happened in the world of cryptocurrency. In the United States, there are now special funds called Bitcoin exchange-traded funds (ETFs) that people can buy and sell on the stock market. These funds saw a big increase in trading activity, with a total of $4.6 billion worth of shares bought and sold. This happened right after the U.S. government gave its approval for these funds to exist and be traded. The approval of Bitcoin funds is a big deal for the cryptocurrency industry.The approval has been given for eleven different Bitcoin exchange-traded funds (ETFs). These are special funds that let people easily buy and sell Bitcoin through the stock market. Some well-known ones include BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, and ARK 21Shares Bitcoin ETF. Now that these ETFs are available for trading since January 11, there's strong competition among companies wanting a piece of the market. It's like a race among them to attract investors and become popular in the world of Bitcoin investments.BitMEX Research data shows that there has been a total positive influx of $400 million for seven different Bitcoin exchange-traded funds (ETFs). For example, FBTC had a net influx of $227 million, IBIT saw a net increase of $112 million, EZBC had a net gain of $50.1 million, and HODL experienced a net inflow of $10.6 million. Interestingly, companies like Grayscale, BlackRock, and Fidelity are dominating the market based on the amount of trading happening, according to data from the London Stock Exchange Group. It means these companies are handling a large share of Bitcoin ETF transactions.Also Read: [New Project] ICE: Phone-mining, Phase-1 Rewards distribution, Blockchain launch and more.Initial Trading Phase:Even though a lot of people traded these new ETFs a lot in the beginning, experts are warning us not to think of it as something that will only last a short time. Todd Rosenbluth, a strategist at VettaFi, said, "A lot of trading is happening with these new ETFs, but we need to look at it as a marathon, not just a sprint." This means we shouldn't make quick judgments based on just one day of trading.The recent increase in trading, reaching $4.6 billion, for Bitcoin ETFs listed in the United States is a very important event for the cryptocurrency world. he fact that these funds got approval and are now being traded is like a test to see if more people will start considering digital assets, like Bitcoin, as a normal and popular way to invest.Also Read: Sleepless AI (AI) Analysis | Tokenomics and Future PredictionDisclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.
LIVE
--
Bullish
"This is the correction in the market we were talking about yesterday. Alt-coins are heading to support levels however $BTC is still strong. The analytical signal here is bounce. In event of a bounce, $BTC will leap towards $50k nd similar trend will follow in the alt coins though might not be as strong as Bitcoin. However if the decline continues, the next support levels for $BTC will be $38k" ~Bombolo market analyst.
"This is the correction in the market we were talking about yesterday. Alt-coins are heading to support levels however $BTC is still strong. The analytical signal here is bounce.
In event of a bounce, $BTC will leap towards $50k nd similar trend will follow in the alt coins though might not be as strong as Bitcoin.
However if the decline continues, the next support levels for $BTC will be $38k"
~Bombolo market analyst.
Liquidation of asset is the biggest threat to #CryptoTrading . From network congestion to whaletraps, there are many factors that can make you lose all you earned within a minute if you are not tactful. Always use adequate stop loss. Never challenge the market. 👉 Remember: You may have 100 or 1000 right signals to make big cash but 1 wrong signal is all it takes to lose all the capital if you don't use "Stop loss". Always #DYOR🟢. *Don't Tip me if I am wrong!
Liquidation of asset is the biggest threat to #CryptoTrading . From network congestion to whaletraps, there are many factors that can make you lose all you earned within a minute if you are not tactful.
Always use adequate stop loss. Never challenge the market.

👉 Remember: You may have 100 or 1000 right signals to make big cash but 1 wrong signal is all it takes to lose all the capital if you don't use "Stop loss". Always #DYOR🟢.

*Don't Tip me if I am wrong!
Is SEI coin good for a long term investment? SEI Price analysis and Future Prediction.(Source: bombolo.in) SEI is like the money used in the Sei blockchain system. The purpose of Sei is to help software developers create decentralized exchanges that work well and are safe. People use SEI tokens to do different things on the network, like paying for the energy it takes to run the system (gas fees), having a say in how the system is managed (governance), and making the network more secure by 'staking' their tokens.Also Read: NFPrompt (NFP) Coin Analytics, Price, Marketcap and Future Predictions. (Source: bombolo.in) Price analysis:Today, 1 Jan 2024, the price of Sei (SEI) is $0.59891027. In the last 24 hours, people have traded a total of $706,047,471.91 worth of Sei. The price has gone up by 32.60% recently and 74.60% in the previous week. The market capitalization of Sei (SEI) is $1,329,118,262. This means it's ranked as the 63rd most valuable cryptocurrency on CoinGecko today. In this case, there are 2.3 billion Sei tokens that people can buy and sell on the market right now.Future Prediction:The price of Sei (SEI) keeps going up and down. Right now, it's at a level where many buyers are interested, around $0.4145. Some people think that by 2024 begining, Sei (SEI) could reach a high price of $0.7. However, there's a lot of uncertainty, especially considering how low the price has been before. Whether the token can bounce back and take advantage of opportunities in the market will be really important. Investors should know that cryptocurrency prices can change a lot, and it's a risky investment.Based on our predictions, we think the price of SEI will be somewhere between $0.635601 and $0.742791 in 2024. If things go well, the price might go up by about ~28% and reach the higher value of $0.742791 in 2024.Prediction 2025:The Sei (SEI) cryptocurrency is expected to fluctuate in price between $0.738 and $0.881825 next year, according to our prediction. There's a forecasted increase of 28.28%, and if the price reaches the higher end of the prediction, it could go up to $1 towards the end of 2025.Prediction 2026:The Sei (SEI) cryptocurrency is predicted to have a price range in 2026, fluctuating between $0.877446 at the lowest and $1.256722 at the highest. According to our price prediction, there's a forecasted increase of 106.81%. If the price goes towards the upper end of the prediction, it could reach $1.756722 by 2026.Prediction 2027:The prediction for the Sei (SEI) cryptocurrency suggests that it might reach a value of $2.101 or even higher in 2028.Prediction 2028:By 2028, Sei Coins could go beyond $2.479 or even higher. However, This prediction is strongly influenced by the increasing acceptance and use of Sei as a recognized and legitimate form of currency.Prediction 2029:Sei could potentially reach a value of ~$5 by 2029. However, the accuracy of this prediction is strongly influenced by the global acceptance of the SEI coin. If SEI fails to function as they intend to, we predict SEI prices to be somewhere ~$1 dollar in 2029.Prediction 2030:If SEI succeeds to attract global attention, SEI prices might reach upto $8.199 or possibly even higher. This expectation relies on the idea that, by that time, Sei will be widely accepted and used as a legitimate and recognized form of currency.Sei(SEI) is currently priced at $0.60091027, recent trading volume is $706M, with a 32.60% daily and 74.60% weekly increase. SEI has a 2.3Bn circulating supply and a 10Bn total supply. Meaning, the circulating supply of SEI will increase in time to a max of 10Bn tokens which will also impact it's price action.Also Read: [New Project] ICE Network: Phone-Mining, Staking, Blockchain launch and more. (Source: bombolo.in) Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be constructed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.

Is SEI coin good for a long term investment? SEI Price analysis and Future Prediction.

(Source: bombolo.in) SEI is like the money used in the Sei blockchain system. The purpose of Sei is to help software developers create decentralized exchanges that work well and are safe. People use SEI tokens to do different things on the network, like paying for the energy it takes to run the system (gas fees), having a say in how the system is managed (governance), and making the network more secure by 'staking' their tokens.Also Read: NFPrompt (NFP) Coin Analytics, Price, Marketcap and Future Predictions. (Source: bombolo.in) Price analysis:Today, 1 Jan 2024, the price of Sei (SEI) is $0.59891027. In the last 24 hours, people have traded a total of $706,047,471.91 worth of Sei. The price has gone up by 32.60% recently and 74.60% in the previous week. The market capitalization of Sei (SEI) is $1,329,118,262. This means it's ranked as the 63rd most valuable cryptocurrency on CoinGecko today. In this case, there are 2.3 billion Sei tokens that people can buy and sell on the market right now.Future Prediction:The price of Sei (SEI) keeps going up and down. Right now, it's at a level where many buyers are interested, around $0.4145. Some people think that by 2024 begining, Sei (SEI) could reach a high price of $0.7. However, there's a lot of uncertainty, especially considering how low the price has been before. Whether the token can bounce back and take advantage of opportunities in the market will be really important. Investors should know that cryptocurrency prices can change a lot, and it's a risky investment.Based on our predictions, we think the price of SEI will be somewhere between $0.635601 and $0.742791 in 2024. If things go well, the price might go up by about ~28% and reach the higher value of $0.742791 in 2024.Prediction 2025:The Sei (SEI) cryptocurrency is expected to fluctuate in price between $0.738 and $0.881825 next year, according to our prediction. There's a forecasted increase of 28.28%, and if the price reaches the higher end of the prediction, it could go up to $1 towards the end of 2025.Prediction 2026:The Sei (SEI) cryptocurrency is predicted to have a price range in 2026, fluctuating between $0.877446 at the lowest and $1.256722 at the highest. According to our price prediction, there's a forecasted increase of 106.81%. If the price goes towards the upper end of the prediction, it could reach $1.756722 by 2026.Prediction 2027:The prediction for the Sei (SEI) cryptocurrency suggests that it might reach a value of $2.101 or even higher in 2028.Prediction 2028:By 2028, Sei Coins could go beyond $2.479 or even higher. However, This prediction is strongly influenced by the increasing acceptance and use of Sei as a recognized and legitimate form of currency.Prediction 2029:Sei could potentially reach a value of ~$5 by 2029. However, the accuracy of this prediction is strongly influenced by the global acceptance of the SEI coin. If SEI fails to function as they intend to, we predict SEI prices to be somewhere ~$1 dollar in 2029.Prediction 2030:If SEI succeeds to attract global attention, SEI prices might reach upto $8.199 or possibly even higher. This expectation relies on the idea that, by that time, Sei will be widely accepted and used as a legitimate and recognized form of currency.Sei(SEI) is currently priced at $0.60091027, recent trading volume is $706M, with a 32.60% daily and 74.60% weekly increase. SEI has a 2.3Bn circulating supply and a 10Bn total supply. Meaning, the circulating supply of SEI will increase in time to a max of 10Bn tokens which will also impact it's price action.Also Read: [New Project] ICE Network: Phone-Mining, Staking, Blockchain launch and more. (Source: bombolo.in) Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be constructed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.
BlackRock plans to invest $10M in Bitcoin in January 2024, the company had earlier invested $100,000(Source: bombolo.in) BlackRock, which is the biggest company in the world that manages investments, wants to create something called a Bitcoin Exchange-Traded Fund, or ETF. An ETF is like a type of investment fund that's traded on the stock exchange, and in this case, it would be focused on Bitcoin.To get this Bitcoin ETF started, BlackRock is telling the U.S. Securities and Exchange Commission (SEC) about its plans. In simple terms, it's like asking for permission and telling the regulators what they want to do.BlackRock plans to put $10 million into its Bitcoin ETF on January 3. This is a significant increase from the $100,000 they invested in October.The Securities and Exchange Commission (SEC), which oversees financial markets, wants the applicants to name specific participants in their upcoming paperwork (S-1 updates). They're given 10 days to do this.Also Read: The Ultimate Guide to BlackRock's Bitcoin ETF: Working Mechanism, Benefits, and Drawbacks. (Source: bombolo.in) Let's break it down:Seed Capital Investor: This is someone who is putting in the initial money to start the Bitcoin ETF. In this case, it's a company related to the trust's sponsor (the one setting up the ETF).Seed Shares Purchase: On October 27, the seed capital investor bought what are called "seed shares" for $100,000. These are like the first pieces of the ETF. However, this purchase is subject to certain conditions, meaning there are some requirements or rules they have to follow.Redemption of Seed Shares: The document also talks about the possibility of exchanging or redeeming these seed shares for cash. It means that if they decide they don't want these initial shares anymore, they can get their money back.Purchase of Seed Creation Baskets: On January 3, 2024, the seed capital investor plans to invest more substantially. They will buy something called "seed creation baskets" worth $10 million.In simpler terms, the company putting in the initial money bought some shares in October, might decide to sell them later, and plans to invest a much bigger amount in January to make more shares for the ETF.Eric Balchunas, thinks the SEC is looking for certain things. First, they want to see an agreement with authorized participants (the entities that help create and redeem shares in the ETF). Second, they prefer a "cash creation model," meaning new shares are made with actual cash rather than other assets. Balchunas believes that having both of these factors in the application increases the chances of approval.BlackRock had more meetings with the SEC compared to other companies applying for a Bitcoin ETF. During December, BlackRock also made three changes or updates (amendments) to the paperwork it initially submitted for the Bitcoin ETF.In simpler terms, BlackRock has been having a lot of discussions with the government agency in charge of financial rules about its Bitcoin investment plans. They've had more talks and made more updates to their paperwork compared to other companies in the past month.BlackRock, the world's largest investment manager, is seeking SEC approval for a Bitcoin Exchange-Traded Fund (ETF). With plans to invest $10 million in January, the company had earlier invested $100,000. The SEC wants specific details, including participant names, in filings. Analyst Eric Balchunas suggests an authorized participant agreement and a "cash creation model" boost approval chances. BlackRock's numerous SEC meetings and three December amendments indicate active engagement in navigating regulatory processes for its Bitcoin ETF.Also Read: Is Fusionist (ACE) coin good for a long term investment? ACE analysis and price predictions 2024. (Source: bombolo.in) Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.

BlackRock plans to invest $10M in Bitcoin in January 2024, the company had earlier invested $100,000

(Source: bombolo.in) BlackRock, which is the biggest company in the world that manages investments, wants to create something called a Bitcoin Exchange-Traded Fund, or ETF. An ETF is like a type of investment fund that's traded on the stock exchange, and in this case, it would be focused on Bitcoin.To get this Bitcoin ETF started, BlackRock is telling the U.S. Securities and Exchange Commission (SEC) about its plans. In simple terms, it's like asking for permission and telling the regulators what they want to do.BlackRock plans to put $10 million into its Bitcoin ETF on January 3. This is a significant increase from the $100,000 they invested in October.The Securities and Exchange Commission (SEC), which oversees financial markets, wants the applicants to name specific participants in their upcoming paperwork (S-1 updates). They're given 10 days to do this.Also Read: The Ultimate Guide to BlackRock's Bitcoin ETF: Working Mechanism, Benefits, and Drawbacks. (Source: bombolo.in) Let's break it down:Seed Capital Investor: This is someone who is putting in the initial money to start the Bitcoin ETF. In this case, it's a company related to the trust's sponsor (the one setting up the ETF).Seed Shares Purchase: On October 27, the seed capital investor bought what are called "seed shares" for $100,000. These are like the first pieces of the ETF. However, this purchase is subject to certain conditions, meaning there are some requirements or rules they have to follow.Redemption of Seed Shares: The document also talks about the possibility of exchanging or redeeming these seed shares for cash. It means that if they decide they don't want these initial shares anymore, they can get their money back.Purchase of Seed Creation Baskets: On January 3, 2024, the seed capital investor plans to invest more substantially. They will buy something called "seed creation baskets" worth $10 million.In simpler terms, the company putting in the initial money bought some shares in October, might decide to sell them later, and plans to invest a much bigger amount in January to make more shares for the ETF.Eric Balchunas, thinks the SEC is looking for certain things. First, they want to see an agreement with authorized participants (the entities that help create and redeem shares in the ETF). Second, they prefer a "cash creation model," meaning new shares are made with actual cash rather than other assets. Balchunas believes that having both of these factors in the application increases the chances of approval.BlackRock had more meetings with the SEC compared to other companies applying for a Bitcoin ETF. During December, BlackRock also made three changes or updates (amendments) to the paperwork it initially submitted for the Bitcoin ETF.In simpler terms, BlackRock has been having a lot of discussions with the government agency in charge of financial rules about its Bitcoin investment plans. They've had more talks and made more updates to their paperwork compared to other companies in the past month.BlackRock, the world's largest investment manager, is seeking SEC approval for a Bitcoin Exchange-Traded Fund (ETF). With plans to invest $10 million in January, the company had earlier invested $100,000. The SEC wants specific details, including participant names, in filings. Analyst Eric Balchunas suggests an authorized participant agreement and a "cash creation model" boost approval chances. BlackRock's numerous SEC meetings and three December amendments indicate active engagement in navigating regulatory processes for its Bitcoin ETF.Also Read: Is Fusionist (ACE) coin good for a long term investment? ACE analysis and price predictions 2024. (Source: bombolo.in) Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research and we do not guarantee the timeliness of the information presented to you. Readers should conduct their own research before making any investment decisions. The author and the article shall not be held responsible for any financial losses or decisions made based on the content of this article.
"Illegal Operation", India's FIU pings IT Ministry to block Urls of Binance and other exchanges.(Source: bombolo.in) The Financial Intelligence Unit (FIU) in India has sent official notices to several well-known cryptocurrency exchanges. These notices, known as "show cause notices," are essentially asking these exchanges to explain why they should not be considered in violation of Indian laws.The reason behind these notices is the allegation that these cryptocurrency exchanges are operating illegally in India by using entities based outside the country (offshore entities). The exchanges that have received these notices include Binance, Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex.The FIU, a unit focused on finding and preventing suspicious financial transactions, found that the cryptocurrency exchanges in question didn't register as per the rules of the Prevention of Money Laundering Act (PMLA) Act from 2002. In March 2023, rules were made clear that virtual digital asset service providers must follow the Anti Money Laundering/Counter Financing of Terrorism (AML-CFT) framework. Despite these guidelines, the FIU claims that these exchanges did not fulfill their duty to report financial activities to the Indian government, similar to what traditional banks are required to do. In simpler terms, these cryptocurrency exchanges are accused of not following the rules to report financial transactions and activities as they should.Also Read: NFPrompt (NFP) Coin Analytics, Price, Marketcap and Future Predictions. (Source: bombolo.in) Exploring the 31 Registered Entities :The government has sent official notices, called "show cause notices," to Binance and other cryptocurrency exchanges. These notices are issued under a specific law called the Prevention of Money Laundering Act from 2002.In addition to the notices, the Financial Intelligence Unit (FIU) has asked the Ministry of Electronics and Information Technology (MEITY) to block the websites of these exchanges. The FIU is emphasizing that following Indian laws is not only about having a physical presence in the country; even companies operating from abroad must comply. The specific issue raised is that these companies allegedly haven't fulfilled their reporting obligations as required by Indian law.Out of the 31 cryptocurrency companies, it's reported that they have followed the rules outlined in the Anti Money Laundering/Counter Financing of Terrorism (AML-CFT) framework. However, the Financial Intelligence Unit (FIU) notes that there are "several offshore entities," operating from outside India, that haven't registered and fulfilled reporting requirements, even though they serve a significant number of Indian users.The rules that these cryptocurrency exchanges need to follow go beyond just signing up or registering. In simpler terms, it's not just about registering; these exchanges are expected to actively report, maintain detailed records, and adhere to the rules of the PMLA to ensure transparency and compliance with financial regulations.Also Read: Is Fusionist (ACE) coin good for a long term investment? ACE analysis and price predictions 2024. (Source: bombolo.in)

"Illegal Operation", India's FIU pings IT Ministry to block Urls of Binance and other exchanges.

(Source: bombolo.in) The Financial Intelligence Unit (FIU) in India has sent official notices to several well-known cryptocurrency exchanges. These notices, known as "show cause notices," are essentially asking these exchanges to explain why they should not be considered in violation of Indian laws.The reason behind these notices is the allegation that these cryptocurrency exchanges are operating illegally in India by using entities based outside the country (offshore entities). The exchanges that have received these notices include Binance, Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex.The FIU, a unit focused on finding and preventing suspicious financial transactions, found that the cryptocurrency exchanges in question didn't register as per the rules of the Prevention of Money Laundering Act (PMLA) Act from 2002. In March 2023, rules were made clear that virtual digital asset service providers must follow the Anti Money Laundering/Counter Financing of Terrorism (AML-CFT) framework. Despite these guidelines, the FIU claims that these exchanges did not fulfill their duty to report financial activities to the Indian government, similar to what traditional banks are required to do. In simpler terms, these cryptocurrency exchanges are accused of not following the rules to report financial transactions and activities as they should.Also Read: NFPrompt (NFP) Coin Analytics, Price, Marketcap and Future Predictions. (Source: bombolo.in) Exploring the 31 Registered Entities :The government has sent official notices, called "show cause notices," to Binance and other cryptocurrency exchanges. These notices are issued under a specific law called the Prevention of Money Laundering Act from 2002.In addition to the notices, the Financial Intelligence Unit (FIU) has asked the Ministry of Electronics and Information Technology (MEITY) to block the websites of these exchanges. The FIU is emphasizing that following Indian laws is not only about having a physical presence in the country; even companies operating from abroad must comply. The specific issue raised is that these companies allegedly haven't fulfilled their reporting obligations as required by Indian law.Out of the 31 cryptocurrency companies, it's reported that they have followed the rules outlined in the Anti Money Laundering/Counter Financing of Terrorism (AML-CFT) framework. However, the Financial Intelligence Unit (FIU) notes that there are "several offshore entities," operating from outside India, that haven't registered and fulfilled reporting requirements, even though they serve a significant number of Indian users.The rules that these cryptocurrency exchanges need to follow go beyond just signing up or registering. In simpler terms, it's not just about registering; these exchanges are expected to actively report, maintain detailed records, and adhere to the rules of the PMLA to ensure transparency and compliance with financial regulations.Also Read: Is Fusionist (ACE) coin good for a long term investment? ACE analysis and price predictions 2024. (Source: bombolo.in)
Sleepless AI (AI) Analysis | Tokenomics and Future Prediction(Source: bombolo.in) Sleepless AI is a decentralised companion game platform that's doing something really cool and different. They claim their main games- HIM and HER, are a big deal as they're changing how we experience games.As per reports, in these games we're not just playing with characters on the screen; we are interacting with a virtual character. The special part is that the AI in the game makes the characters act like real people. They talk to us in a smart way, their personalities change based on how we play, and we get to have interesting conversations with them.When people are alone and looking for support, friendship, or love, they often face challenges in real-life relationships. Sleepless AI wants to help with that. They are working on creating a special kind of computer program called an AI virtual companion. This virtual friend is smart and understands the details about the person using it.Also Read: Is Fusionist (ACE) coin good for a long term investment? ACE analysis and price predictions 2024. (Source: bombolo.in) Tokenomics:The project has collected $3.7 million from three private sales of its tokens. In these sales, they sold 7.6% of all the AI tokens that will ever exist. Currently, the project is valued at $200 million.The current price of 1 unit of AI is $0.0012. In the last 24 hours, the price has changed a lot – it went up or down by 99.38%. This means the value of AI has experienced significant fluctuations recently. Right now, there are 1 billion AI tokens in existence. Out of these, 130 million tokens, which is 13% of the total, are currently available for people to buy and sell. This availability happened when the tokens were first listed for trading. So, not all the tokens are circulating; only a portion of them is actively moving in the market. This means only a small portion of all the tokens is actively available for buying and selling.Also Read: NFPrompt (NFP) Coin Analytics, Price, Marketcap and Future Predictions. (Source: bombolo.in) Future Prediction:Right now, we do not have information about the current price of Sleepless AI, so we cannot make predictions about how its price will change. However, as the project grows and becomes more popular, the price of Sleepless AI could go up. This is because more people might be interested in it, and that increased interest can lead to a higher value for Sleepless AI.Sleepless AI, introduces HIM and HER, games that redefine the gaming experience by allowing players to interact with virtual companions that evolve like real people. Addressing the challenges of real-life relationships, Sleepless AI aims to provide support through AI virtual companions. The project has raised $3.7 million in private token sales, selling 7.6% of AI tokens, and is currently valued at $200 million. With a current token price of $0.0012, the market has seen significant fluctuations. As the project gains traction, the price could potentially increase.Also Read: [New Project] ICE Network: Phone-Mining, Staking, Blockchain launch and more. (Source: bombolo.in)Disclaimer:The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research, and we do not guarantee the timeliness of the information presented. Readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions. The author and the blog shall not be held responsible for any financial losses or decisions made based on the content of this blog.

Sleepless AI (AI) Analysis | Tokenomics and Future Prediction

(Source: bombolo.in) Sleepless AI is a decentralised companion game platform that's doing something really cool and different. They claim their main games- HIM and HER, are a big deal as they're changing how we experience games.As per reports, in these games we're not just playing with characters on the screen; we are interacting with a virtual character. The special part is that the AI in the game makes the characters act like real people. They talk to us in a smart way, their personalities change based on how we play, and we get to have interesting conversations with them.When people are alone and looking for support, friendship, or love, they often face challenges in real-life relationships. Sleepless AI wants to help with that. They are working on creating a special kind of computer program called an AI virtual companion. This virtual friend is smart and understands the details about the person using it.Also Read: Is Fusionist (ACE) coin good for a long term investment? ACE analysis and price predictions 2024. (Source: bombolo.in) Tokenomics:The project has collected $3.7 million from three private sales of its tokens. In these sales, they sold 7.6% of all the AI tokens that will ever exist. Currently, the project is valued at $200 million.The current price of 1 unit of AI is $0.0012. In the last 24 hours, the price has changed a lot – it went up or down by 99.38%. This means the value of AI has experienced significant fluctuations recently. Right now, there are 1 billion AI tokens in existence. Out of these, 130 million tokens, which is 13% of the total, are currently available for people to buy and sell. This availability happened when the tokens were first listed for trading. So, not all the tokens are circulating; only a portion of them is actively moving in the market. This means only a small portion of all the tokens is actively available for buying and selling.Also Read: NFPrompt (NFP) Coin Analytics, Price, Marketcap and Future Predictions. (Source: bombolo.in) Future Prediction:Right now, we do not have information about the current price of Sleepless AI, so we cannot make predictions about how its price will change. However, as the project grows and becomes more popular, the price of Sleepless AI could go up. This is because more people might be interested in it, and that increased interest can lead to a higher value for Sleepless AI.Sleepless AI, introduces HIM and HER, games that redefine the gaming experience by allowing players to interact with virtual companions that evolve like real people. Addressing the challenges of real-life relationships, Sleepless AI aims to provide support through AI virtual companions. The project has raised $3.7 million in private token sales, selling 7.6% of AI tokens, and is currently valued at $200 million. With a current token price of $0.0012, the market has seen significant fluctuations. As the project gains traction, the price could potentially increase.Also Read: [New Project] ICE Network: Phone-Mining, Staking, Blockchain launch and more. (Source: bombolo.in)Disclaimer:The information provided in this article is for educational and informational purposes only. It is not intended to be, and should not be construed as, financial advice. The content is based on analysis and research, and we do not guarantee the timeliness of the information presented. Readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions. The author and the blog shall not be held responsible for any financial losses or decisions made based on the content of this blog.
Is Chainlink ($LINK) coin good for long term investment? $LINK price analysis and predictions.(Source: bombolo.in) Chainlink is a technology that connects blockchains with real-world data, and its native cryptocurrency, Link, is used as a sort of payment for making this connection happen.The current cost of one Chainlink coin is around $17. This value has changed by 16.14% in the last 24 hours, meaning the price has gone up. The total value of all Chainlink coins combined is $9,604,320,284.33. In the course of this year, Chainlink's price has changed by 211.22%. This indicates that its value has significantly increased compared to the beginning of the year. Chainlink is categorized as "Computing" according to CoinDesk's Digital Asset Classification Standard (DACS). This means it's seen as a technology related to computing within the realm of digital assets.Also Read: Is NFPrompt (NFP) Coin good for long term investment? NFP Analysis and Price Predictions. (Source: bombolo.in)Is Chainlink ($LINK) coin good for a long term investment?Chainlink might become more important in the world of cryptocurrencies because it could be used for new things and the overall crypto market might get bigger. Chainlink is a leader in something called decentralized oracle networks. Many experts believe that Chainlink is a good investment for the long run. So, it's seen as a trustworthy choice for people who want to invest in the crypto world over a long period.In the last 24 hours, the price of Chainlink has gone up by 17.23%. Over the past 30 days, it has increased by 23.55%. The decision to invest in Chainlink should align with your own trading or investment goals. In simpler terms, whether you invest in Chainlink depends on how much risk you're comfortable with, and you should consider recent price changes to see if it aligns with what you want to achieve with your investments.Also Read: Is Fusionist (ACE) coin good for a long term investment? ACE analysis and price predictions 2024. (Source: bombolo.in)Chainlink ($LINK) Price predictions 2024 :Price Range for 2024: Based on our analysis, we predict that the price of Chainlink (LINK) in the year 2024 could fluctuate between $16.51 and $24.77. This range represents the possible high and low values for LINK during that time.Average Price Prediction: The average, or the middle point, of this predicted range is estimated to be around $20.64. So, on average, we expect the price of Chainlink to be approximately $20.64 in the year 2024.In simpler terms, our analysis suggests that the price of Chainlink in 2024 could be anywhere between $16.51 and $24.77, with an average expected value of around $20.64. Keep in mind that these are predictions and actual market conditions can vary.Chainlink ($LINK) Price predictions 2025 :In 2025, according to cryptocurrency experts:Minimum Price: The lowest expected price for Chainlink (LINK) is around $35.83.Maximum Price: The highest expected price for Chainlink is approximately $39.85.Average Price: On average, experts anticipate that Chainlink will be trading at about $36.78.Also Read: MATIC's Journey To $1 Amidst Bullish Hopes and Bitcoin ETF Anticipation. (Source: bombolo.in)Chainlink ($LINK) Price predictions 2026 :According to cryptocurrency experts analyzing Chainlink:Minimum Price in 2026: They predict that the lowest price for Chainlink (LINK) could be around $50.56.Maximum Price in 2026: The highest expected price for Chainlink is estimated to reach approximately $61.52.Average Price in 2026: On average, they anticipate that Chainlink will be trading at about $52.40.Chainlink ($LINK) Price predictions 2027 :According to cryptocurrency experts analyzing Chainlink:Minimum Price in 2027: They predict the lowest expected price for Chainlink (LINK) to be around $75.01.Maximum Price in 2027: The highest anticipated price for Chainlink is approximately $87.81.Average Price in 2027: On average, they expect Chainlink to be traded at about $77.63.Also Read: Is Terra Luna Classic (LUNC) a good investment in 2023? Price predictions for 2024, 2025, 2026, 2027, 2028, 2029, 2030. (Source: bombolo.in)Chainlink ($LINK) Price predictions 2028 :According to cryptocurrency experts analyzing Chainlink:Average Price in 2028: They anticipate that, on average, the price of Chainlink (LINK) will be around $111.70.Minimum Price in 2028: They predict the lowest expected price for Chainlink could be about $107.82.Maximum Price in 2028: The highest possible price for Chainlink is estimated to reach approximately $128.94.Chainlink ($LINK) Price predictions 2029 :According to cryptocurrency experts analyzing Chainlink:Price Range in 2029: They estimate that Chainlink (LINK) will be traded between approximately $157.84 and $186.78.Average Price in 2029: On average, they expect the cost of Chainlink to be around $162.31 throughout the year.Chainlink ($LINK) Price predictions 2030 :According to cryptocurrency experts analyzing Chainlink:Maximum Price in 2030: They suggest that the highest price for Chainlink (LINK) could be around $270.11.Minimum Price in 2030: The lowest expected price might be approximately $225.44.Average Price in 2030: On average, they anticipate Chainlink to be traded at about $233.55.Summarizing the blog, the recent price data reveals a 17.23% increase in 24 hours and a 211.22% change in 2023. Classified under "Computing," Chainlink's role in decentralized oracle networks makes it promising for long-term investment, supported by experts. Predictions for 2024 suggest a fluctuation between $16.51 and $24.77, with an average of $20.64. This analysis indicates potential opportunities but emphasizes the speculative nature of crypto investments.Also Read: Is BONK coin good for a long term investment? BONK analysis and price predictions 2024. (Source: bombolo.in)

Is Chainlink ($LINK) coin good for long term investment? $LINK price analysis and predictions.

(Source: bombolo.in) Chainlink is a technology that connects blockchains with real-world data, and its native cryptocurrency, Link, is used as a sort of payment for making this connection happen.The current cost of one Chainlink coin is around $17. This value has changed by 16.14% in the last 24 hours, meaning the price has gone up. The total value of all Chainlink coins combined is $9,604,320,284.33. In the course of this year, Chainlink's price has changed by 211.22%. This indicates that its value has significantly increased compared to the beginning of the year. Chainlink is categorized as "Computing" according to CoinDesk's Digital Asset Classification Standard (DACS). This means it's seen as a technology related to computing within the realm of digital assets.Also Read: Is NFPrompt (NFP) Coin good for long term investment? NFP Analysis and Price Predictions. (Source: bombolo.in)Is Chainlink ($LINK ) coin good for a long term investment?Chainlink might become more important in the world of cryptocurrencies because it could be used for new things and the overall crypto market might get bigger. Chainlink is a leader in something called decentralized oracle networks. Many experts believe that Chainlink is a good investment for the long run. So, it's seen as a trustworthy choice for people who want to invest in the crypto world over a long period.In the last 24 hours, the price of Chainlink has gone up by 17.23%. Over the past 30 days, it has increased by 23.55%. The decision to invest in Chainlink should align with your own trading or investment goals. In simpler terms, whether you invest in Chainlink depends on how much risk you're comfortable with, and you should consider recent price changes to see if it aligns with what you want to achieve with your investments.Also Read: Is Fusionist (ACE) coin good for a long term investment? ACE analysis and price predictions 2024. (Source: bombolo.in)Chainlink ($LINK ) Price predictions 2024 :Price Range for 2024: Based on our analysis, we predict that the price of Chainlink (LINK) in the year 2024 could fluctuate between $16.51 and $24.77. This range represents the possible high and low values for LINK during that time.Average Price Prediction: The average, or the middle point, of this predicted range is estimated to be around $20.64. So, on average, we expect the price of Chainlink to be approximately $20.64 in the year 2024.In simpler terms, our analysis suggests that the price of Chainlink in 2024 could be anywhere between $16.51 and $24.77, with an average expected value of around $20.64. Keep in mind that these are predictions and actual market conditions can vary.Chainlink ($LINK ) Price predictions 2025 :In 2025, according to cryptocurrency experts:Minimum Price: The lowest expected price for Chainlink (LINK) is around $35.83.Maximum Price: The highest expected price for Chainlink is approximately $39.85.Average Price: On average, experts anticipate that Chainlink will be trading at about $36.78.Also Read: MATIC's Journey To $1 Amidst Bullish Hopes and Bitcoin ETF Anticipation. (Source: bombolo.in)Chainlink ($LINK ) Price predictions 2026 :According to cryptocurrency experts analyzing Chainlink:Minimum Price in 2026: They predict that the lowest price for Chainlink (LINK) could be around $50.56.Maximum Price in 2026: The highest expected price for Chainlink is estimated to reach approximately $61.52.Average Price in 2026: On average, they anticipate that Chainlink will be trading at about $52.40.Chainlink ($LINK ) Price predictions 2027 :According to cryptocurrency experts analyzing Chainlink:Minimum Price in 2027: They predict the lowest expected price for Chainlink (LINK) to be around $75.01.Maximum Price in 2027: The highest anticipated price for Chainlink is approximately $87.81.Average Price in 2027: On average, they expect Chainlink to be traded at about $77.63.Also Read: Is Terra Luna Classic (LUNC) a good investment in 2023? Price predictions for 2024, 2025, 2026, 2027, 2028, 2029, 2030. (Source: bombolo.in)Chainlink ($LINK ) Price predictions 2028 :According to cryptocurrency experts analyzing Chainlink:Average Price in 2028: They anticipate that, on average, the price of Chainlink (LINK) will be around $111.70.Minimum Price in 2028: They predict the lowest expected price for Chainlink could be about $107.82.Maximum Price in 2028: The highest possible price for Chainlink is estimated to reach approximately $128.94.Chainlink ($LINK ) Price predictions 2029 :According to cryptocurrency experts analyzing Chainlink:Price Range in 2029: They estimate that Chainlink (LINK) will be traded between approximately $157.84 and $186.78.Average Price in 2029: On average, they expect the cost of Chainlink to be around $162.31 throughout the year.Chainlink ($LINK ) Price predictions 2030 :According to cryptocurrency experts analyzing Chainlink:Maximum Price in 2030: They suggest that the highest price for Chainlink (LINK) could be around $270.11.Minimum Price in 2030: The lowest expected price might be approximately $225.44.Average Price in 2030: On average, they anticipate Chainlink to be traded at about $233.55.Summarizing the blog, the recent price data reveals a 17.23% increase in 24 hours and a 211.22% change in 2023. Classified under "Computing," Chainlink's role in decentralized oracle networks makes it promising for long-term investment, supported by experts. Predictions for 2024 suggest a fluctuation between $16.51 and $24.77, with an average of $20.64. This analysis indicates potential opportunities but emphasizes the speculative nature of crypto investments.Also Read: Is BONK coin good for a long term investment? BONK analysis and price predictions 2024. (Source: bombolo.in)
MATIC's Journey To $1 Amidst Bullish Hopes and Bitcoin ETF Anticipation(Source: bombolo.in) The price movement of Polygon (MATIC) reaching close to the $1 mark in November and December can be attributed to various factors influencing the cryptocurrency markets.Polygon (MATIC) hadn't gone above $1 since May. In November, MATIC came close, reaching around $0.98. MATIC dropped to $0.76 on December 19, however there's a successful effort by buyers (bulls) to keep the price above $1 as on December 28.The positive feeling in the overall market and among Polygon supporters might prevent the price from dropping below $0.80. With this optimism, there's a chance that MATIC could rise further to around $1.64 by the end of the year.There's anticipation that the approval of a Bitcoin ETF (exchange-traded fund) by the US Securities and Exchange Commission (SEC) could boost the entire market. Experts think this approval might happen by January 10, 2024.MATIC's price has been close to $1 recently, and there's hope it might reach or exceed $2 again soon. Supporters are optimistic, believing the price won't fall below $0.80. People are looking forward to a Bitcoin ETF approval, thinking it could bring more gains to the market, including MATIC, possibly by January 10, 2024.Also Read: Is Fusionist (ACE) coin good for a long term investment? ACE analysis and price predictions 2024 (Source: bombolo.in)MATIC Price Holding Strong:The price of Polygon (MATIC) is staying above $1, which is an important psychological level for buyers. Buyers might aim to push the price past $1, a level that often has psychological significance in trading.Even though the overall cryptocurrency market might be a bit slow during the Christmas holiday week, there's still a chance that MATIC could experience a significant increase in its price, which is commonly referred to as a "breakout."MATIC's price is currently above $1.05, and buyers are hoping to see it go beyond $1.5.Polygon (MATIC) approached the $1 mark, igniting optimism among supporters. Despite a brief dip to $0.76 in December, efforts by buyers aim to sustain it above $0.85. Positive market sentiment and anticipation of a Bitcoin ETF approval by January 10, 2024, fuel hopes of MATIC reclaiming $1. The holiday lull notwithstanding, there's excitement for a potential price breakout.Also Read: Is RATS coin good for a long term investment? RATS analysis and price predictions 2024. (Source: bombolo.in)

MATIC's Journey To $1 Amidst Bullish Hopes and Bitcoin ETF Anticipation

(Source: bombolo.in) The price movement of Polygon (MATIC) reaching close to the $1 mark in November and December can be attributed to various factors influencing the cryptocurrency markets.Polygon (MATIC) hadn't gone above $1 since May. In November, MATIC came close, reaching around $0.98. MATIC dropped to $0.76 on December 19, however there's a successful effort by buyers (bulls) to keep the price above $1 as on December 28.The positive feeling in the overall market and among Polygon supporters might prevent the price from dropping below $0.80. With this optimism, there's a chance that MATIC could rise further to around $1.64 by the end of the year.There's anticipation that the approval of a Bitcoin ETF (exchange-traded fund) by the US Securities and Exchange Commission (SEC) could boost the entire market. Experts think this approval might happen by January 10, 2024.MATIC's price has been close to $1 recently, and there's hope it might reach or exceed $2 again soon. Supporters are optimistic, believing the price won't fall below $0.80. People are looking forward to a Bitcoin ETF approval, thinking it could bring more gains to the market, including MATIC, possibly by January 10, 2024.Also Read: Is Fusionist (ACE) coin good for a long term investment? ACE analysis and price predictions 2024 (Source: bombolo.in)MATIC Price Holding Strong:The price of Polygon (MATIC) is staying above $1, which is an important psychological level for buyers. Buyers might aim to push the price past $1, a level that often has psychological significance in trading.Even though the overall cryptocurrency market might be a bit slow during the Christmas holiday week, there's still a chance that MATIC could experience a significant increase in its price, which is commonly referred to as a "breakout."MATIC's price is currently above $1.05, and buyers are hoping to see it go beyond $1.5.Polygon (MATIC) approached the $1 mark, igniting optimism among supporters. Despite a brief dip to $0.76 in December, efforts by buyers aim to sustain it above $0.85. Positive market sentiment and anticipation of a Bitcoin ETF approval by January 10, 2024, fuel hopes of MATIC reclaiming $1. The holiday lull notwithstanding, there's excitement for a potential price breakout.Also Read: Is RATS coin good for a long term investment? RATS analysis and price predictions 2024. (Source: bombolo.in)

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