CryptosHeadlines.com - The Leading Crypto Research Network

Bitcoin and altcoins had a positive start in 2023, but their performance suffered in 2022, leading many investors to experience losses. However, DeFi (Decentralized Finance) tokens have taken a different trajectory, as highlighted by IntoTheBlock.

Ad. Participate in Trigoz Airdrop & Get $50 worth of OZ Tokens Free Join Now

According to a post on their Twitter account, IntoTheBlock pointed out that DeFi tokens stand out in terms of investor profit and loss situations compared to other altcoins. Despite market fluctuations, a significant portion of DeFi token holders have managed to maintain their positions, with Maker (MKR) being a notable standout among DeFi tokens.

While many altcoins faced substantial losses, causing over 90% of their holders to experience declines, major DeFi tokens have displayed resilience. When analyzing the profit and loss profiles of DeFi investors over the past year, it’s evident that many are in a similar situation as the previous year. However, specific DeFi tokens have shown a more positive profit/loss profile compared to most other altcoins, albeit with significant volatility affecting profitability.

Among DeFi tokens, Maker (MKR) garners attention for its performance, as it stands out by having fewer investors experiencing losses compared to a year ago. Additionally, Maker has remained a consistently profitable asset for its investors throughout most of the year.

Looking at IntoTheBlock’s data, Compound had the highest percentage of investors facing losses, followed by Ox, Uniswap, and AAVE. On the other hand, Maker occupied the lowest position, with the fewest number of investors suffering losses.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#NFT #Web3 #Blockchain #altcoins #altcoinseason

Top 7 Cryptos with huge potential, including a new Meme Coins Leap to $100,000 in hours.

As the crypto space evolves, new projects are always coming up showing huge potential such as Thug Life ($THUG) which amassed $100,000 in hours after launch.

*DISCLAIMER: Before any form of investment, Do Your Own Research #dyor .

As the #crypto market thrives, finding the next rising star can prove to be a challenging task.

Many industry experts expect a massive surge in Bitcoin's value, known as a bull run, after the next Bitcoin halving event. This halving is projected to happen around April 2024. Nevertheless, these analysts also believe there will be an altcoin season before the aforementioned event.

Here, you will find several cryptos with relatively low market capitalization that seem to have considerable growth potential. Coins such as Wall Street Memes ($WSM), Thug Life ($THUG), Chimpzee ($CHMPZ), yPredict ($YPRED), Launchpad ($LPX), DeeLance ($DLANCE), and Ecoterra ($ECOTERRA) have got global investor attention.

If an #altcoinseason is imminent, these hidden gems could record an explosive growth.

Wall Street Memes ($WSM)

Wall Street Memes ($WSM) has made a huge impact on the crypto space, emerging as the unrivaled sensation among all meme coins. With a self-proclaimed title of the "King Of Memes," they strive to facilitate financial freedom via meme coin investments. A massive community of more than 1 million devoted supporters stands united, contributing to the impressive success of this movement.

The presale ignited an extraordinary frenzy, accumulating millions of dollars within a month of its launch. The excitement and anticipation surrounding Wall Street Memes has exploded to unprecedented heights, with the expected sell-out of their $WSM tokens.

Thug Life ($THUG)

Thug Life ($THUG) made a grand entrance koi into the crypto market by unleashing its presale on June 28th, managing to raise an impressive $100,000 in just a few hours.

In the world of cryptocurrencies, meme tokens have emerged as the best performers of 2023. Interestingly, assets like Pepe have exceeded the performance of Bitcoin, despite Bitcoin's remarkable recovery of 100% from its record lows in 2022. The meme token industry continues to prove its ability to deliver impressive returns in the current crypto space.

Thug Life, built on the ERC-20 standard with a cumulative supply of 4.2 billion tokens, strives to establish itself as the premier "baller's meme coin," incorporating an active community underpinned by humor, camaraderie, and a hustler's mindset.

Furthermore, the $THUG presale set a modest hard cap of $2.058 million. That leaves lots of space for massive growth and the possibility for huge profits once the tokens get listed on exchanges with a closed liquidity pool.

Chimpzee ($CHMPZ)

Chimpzee stands out as an inventive crypto project that is dedicated to making a positive environmental effect via the preservation of animals.

At the center of the project is the native token, $CHMPZ, which supports many applications within the Chimpzee ecosystem. Every transaction involving $CHMPZ gives some of the proceeds to charitable organizations that majorly support animal welfare. This distinct strategy guarantees that the project aligns with its primary mission to make a perceptible difference in animals’ lives.

Chimpzee's ecosystem embraces a diverse range of opportunities for community members to earn $CHMPZ tokens, including an NFT marketplace, a dedicated branded store, and an engaging play-to-earn (P2E) game.

yPredict ($YPRED)

yPredict represents a novel crypto analytics ecosystem well-designed with the primary aim of equipping traders with the crucial insights needed for success in the market.

yPredict ($YPRED), developed on the Polygon network, offers many different tools meant to enable traders to make more informed buy and sell decisions. These tools consist of AI-powered trading signals and automatic chart pattern recognition, letting traders gain valuable insights and boost their decision-making process in the dynamic crypto trading world.

Moreover, yPredict offers a customized marketplace where AI experts can provide tailor-made predictive models for others to subscribe to using $YPRED.

The project’s presale has already generated over $2.8 million in funding so far – with at least 20,000 people already registered on the project’s waiting list.

Launchpad ($LPX)

Launchpad XYZ is an Ethereum-based platform that aims to simplify the world of Web3 techs by providing an assortment of valuable tools. The tools include an NFT DEX, an educational library, a crypto presale marketplace, market insights, and a fractionalized assets marketplace.

Users can stake $LPX, Launchpad XYZ’s native token, to access various premium perks – such as trading fee discounts and early access to NFT whitelists.

Launchpad XYZ’s presale is currently ongoing, and the project has already surpassed the $1 million funding milestone with investors acquiring $LPX tokens for a great bargain price.

Intending to drive widespread adoption, their mission revolves around offering a convenient one-stop solution that prioritizes simplicity and enhances the overall user experience.

DeeLance ($DLANCE)

DeeLance is a revolutionary blockchain-based platform that aims to advance the gig economy.

Powered by the Ethereum blockchain, DeeLance is fully decentralized, which means that clients and freelancers can interact with each other directly, making the process affordable.

This platform also utilizes a smart contract escrow and lets freelancers market their work as NFTs, taking an entirely new approach to content ownership. DeeLance’s presale has already attracted more than $1.5 million in funding.

Ecoterra ($ECOTERRA)

Ecoterra is another altcoin that may be set to explode in the coming days, primarily because of its focus on sustainability and positive environmental impacts.

The platform strives to incentivize users to recycle by introducing a Recycle2Earn mobile app. This app rewards users with $ECOTERRA tokens when they recycle used items.

Ecoterra’s ecosystem will also have a recycled materials marketplace, a carbon offset marketplace, and a public Impact Profile that helps track the positive impact of all the users. All these impressive features have enabled the project to raise more than $5.6 million in its presale phase.

*DISCLAIMER: Before any form of investment, Do Your Own Research .

#Binance #crypto2023

Post By: CryptosHeadlines.com
With the recent surge in Bitcoin prices, numerous altcoins have also experienced substantial growth. However, it’s important to note that the crypto market can be highly volatile, and three specific altcoins deserve close scrutiny. These emerging bearish patterns may potentially erode the gains these altcoins have seen.

Engaging in transactions within the volatile bull and bear markets can often result in regrettable outcomes. So, which altcoins might face November regrets?
Review of the three altcoins
1. eCash (XEC): An important development is set to take place on November 15th for eCash (XEC). The network upgrade, which will boost the miner fund block reward from 8% to 32%, also includes a 10% stake reward. Currently, XEC is trading above the $0.00003 horizontal range. If the price continues its upward trajectory, it could aim for a reasonable target of $0.000042. However, it’s crucial to be cautious, as breaching the horizontal support area could result in a significant 28% loss. With the rising crypto inflation, the risk of a negative scenario occurring remains elevated.2. Hedera (HBAR): On November 14th, Hedera is set to host an event focused on decentralized business solutions in collaboration with Object Computing. HBAR’s price is currently hovering around the $0.057 resistance level, and a breakout to the upside could potentially yield a 30% increase. However, it’s worth noting that if the event falls short of expectations, a dip to the $0.047 support area is anticipated.3. The Graph (GRT): As the 46th largest cryptocurrency by market capitalization, GRT Coin had a promising growth opportunity a few months ago. While it may not exhibit bearish tendencies this month, it could be among the altcoins poised for increased volatility. Currently, GRT Coin is trading at $0.136.
There have been rumors circulating about a significant announcement scheduled for November 7th. Additionally, the team is planning to host an event focused on web3 data innovations on November 13th. Normally, GRT Coin should have benefited from the ongoing excitement surrounding RWA, but it hasn’t capitalized on the opportunity as expected.
GRT’s price broke out of a declining resistance trend line on October 25th and is currently approaching the $0.135 resistance area. If we witness an upward breakout, there’s potential for a rally to $0.17. On the flip side, a 30% decline to $0.1 wouldn’t be surprising in an alternative scenario.
At the time of writing, BTC was trading at $34,940, and in the event of a possible pullback, it’s anticipated to test resistance levels at $33,900 and $31,800 before rebounding. However, if it fails to do so, it could dip below $30,000 for a more substantial retracement.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#CryptoMarket #Bitcoin #cryptonews #altcoins #altcoinseason

August is set to host a series of token unlocking events in the altcoin market, causing excitement and concern among investors. These events, with a total value exceeding $320 million, are eagerly anticipated by the crypto community. However, experts warn that these events might delay the return of the altcoin season. This article will examine the unlocking events of altcoin projects Sandbox, Worldcoin, Avalanche, Optimism, and Injective, and their potential price effects.

Unlocking the Sandbox (SAND) Token: How Will It Affect the Price?

On August 14, the Sandbox project will unlock tokens worth $133.14 million, representing 16.16% of the circulating supply to be distributed among project participants. Analysts are studying how this event might impact the price of the SAND token.

Worldcoin (WLD) Project: Unlocking Focuses on Distribution and Community Governance

Worldcoin aims to unlock tokens worth $7.26 million daily, focusing on distribution and community governance. The significant holding of tokens by market makers might contribute to the current price being below its all-time high.

Avalanche (AVAX) and Strategic Partners: Potential Price Effects Based on Historical Data

Considering that unlocking AVAX tokens has led to price drops in the past, the potential impact of unlocking tokens allocated to the team and strategic partners is being examined.

Expected Unlocking and Distribution Plans for Optimism (OP) and Injective (INJ) Tokens

Optimism and Injective projects are preparing to unlock tokens, which represent 3.37% and 3.41% of their circulating supplies, respectively. These events, involving investors, core contributors, and developers, are closely monitored for their possible price effects.

Expert Warnings: Will It Affect the Altcoin Season?

Experts caution that unlocking events might further delay the return of the altcoin season, potentially increasing selling pressure and causing price fluctuations. The potential effects on investors and market participants are being evaluated.

Expected Market Volatility and Investor Reactions in the Crypto Market

Unlocking altcoin tokens might lead to market fluctuations. Investors' reactions and market dynamics are eagerly awaited.

Precautions Against Price Changes: Recommendations for Investors

The potential risks of unlocking altcoin tokens for investors are discussed, and portfolio management strategies are explored.

Future Uncertainties: Is Predictability Possible in Crypto Markets?

The nature of crypto markets makes future price movements unpredictable. Therefore, preparation for uncertainties is crucial for investors and market participants.

In Summary

The unlocking events of altcoin tokens in August have generated significant excitement in the crypto market. However, the potential price changes and market impact remain uncertain. Investors need to be cautious, consider expert warnings, and be prepared for market fluctuations. Considering the volatility of crypto markets, all investment decisions should be carefully thought out in advance.

#Unlock #altcoinseason #sandbox #Worldcoin #AVALANCHE $AVAX $SAND $WLD

As we step into July, some altcoins exhibit bullish potential. Let us dive in this article into 5 Altcoins to watch out for this July.

Starting July, several #altcoins will have news, following the sent in the air of the #altcoinseason . A Radix (XRD) upgrade will go live while SysCoin (SYS) will release its public mainnet. Osmosis (OSMO) will hold an open forum, while Internet Computer (ICP) will hold its Global R&D meeting. Finally,  an important #Ethereum conference will be held on July 5-9

Radix (XRD) Upgrade Goes Live

The Radix Babylon upgrade will go live on July 31. Despite its one-month delay, the upgrade is expected to improve user and developer experience greatly. The RCnet testnet will release a few weeks before the upgrade.

RADIX

Possibly in anticipation of this upgrade, the XRD price has been on a tear since June 15, increasing by 43% as a result. The increase caused a breakout from a descending resistance line.

However, the price failed to reach the 0.382 Fib retracement resistance level at $0.094. Rather, it was rejected before getting there and fell sharply to its pre-breakout support at $0.056.

If it breaks down, a drop to $0.035 could transpire. However, if XRD bounces, it can increase to the $0.093 resistance again.

ICP Holds Global Meeting

ICP will hold its global R&D meeting on June 28. In it, it will discuss various feature updates, SNS-testing and will also hold a demo for those present.

Internet Computer - ICP

While the ICP price fell to a new yearly low on June 10, it bounced back sharply afterward, creating a long lower wick in the process. The wick is considered a sign of buying pressure since sellers could not push the price down.

Rather, buyers took over and caused the price to validate the $3.50 horizontal area as support.

If the increase continues, the ICP price can reach a long-term resistance line at $5.20. However, if a short-term bearish reversal transpires, a drop to the closest support at $3.50 will be on the cards.

Syscoin (SYS) Releases Public Mainnet

Syscoin will release its public mainnet Rollux on June 28. Rollux is an EVM rollup that inherits the security of Bitcoin’s mining network, combining it with the data availability of Syscoin. It will function as a layer 2 for Syscoin that helps in scalability.

Syscoin - SYS

The SYS price has increased sharply since June 10. It has currently reached a descending resistance line in place for 138 days. While the price was rejected on its first breakout attempt, it could make another one soon.

If SYS breaks out, it could reach the $0.19 resistance area. However, a drop to $0.11 could occur if the price gets rejected again.

Osmosis (OSMO) Forum Held in July

Osmocon 2023 will be held on July 21 in France. Osmocon is a forum for interchain exploration. A positive event could not come at a better time for OSMO, which fell to a new all-time low price of $0.44 on June 10.

Since the price began a short-term reversal the same day, it is possible that the anticipation for the forum could cause it to reach a long-term descending resistance line at $0.60.

However, a drop to $0.32 could occur if the price loses its footing. This would be yet another all-time low price.

Ethereum (ETH) Conference in Barcelona

Ethereum is the biggest altcoin based on its market capitalization. The #ETH Barcelona conference will be held between 5 and 7 July. Then, the hackathon will be held on July 7-9. The conference is considered the largest in Europe and will explore how blockchain technology can build a sustainable world full of human potential.

Ethereum Conference in Barcelona, Spain.

The Ethereum price has enjoyed a bullish week since bouncing on June 15 and broke out from a descending resistance line on June 21. This is a sign that the previous correction is complete, and a new upward movement has begun.

Since the correction ended at the long-term $1,650 support area and lasted for more than two months, it is possible that it corrected the entire increase since the beginning of the year. 

If so, the ETH price will break out from the $2,000 resistance area and move to $2,500. 

However, if the ETH price is subject to a short-term slump, it can return to the descending resistance line and validate it as support. The line is currently at $1,750 (green icon).

#crypto2023

$ETH $OSMO $SYS