An AI-powered cryptocurrency token is generating excitement with bold predictions of exceptional returns. While prominent coins like AVAX and Chainlink have captured attention, this innovative digital asset is anticipated to deliver a staggering 8,500% gain. The crypto community is abuzz, and investors are keen to explore the potential of this emerging player that could redefine market expectations. Could this be the next big breakthrough in the crypto world?

CYBRO Presale Achieves $4 Million Milestone: A Unique Multichain DeFi Solution

CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $4 million. This multichain cutting-edge platform offers investors unparalleled opportunities to maximize their earnings across various blockchains in any market condition.Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.04 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. In an exciting development, CYBRO has also launched a referral program, offering 12% from direct referees' token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are sent weekly in USDT, and referees earn double CYBRO Points on their first deposit using the referral code.

In addition to tokens, CYBRO introduces exclusive Points, providing even greater benefits for investors. These Points grant automatic entry into the CYBRO Airdrop, where the number of tokens you receive is proportional to the Points you hold. Up to 1 million Points are distributed weekly, earned by investing in CYBRO’s DeFi Vaults.

Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

With only 21% of the total tokens available for this presale and approximately 100 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that's truly one in a million.

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Avalanche (AVAX) Soars Over 80% in a Month, Eyes Next Resistance at $52

Avalanche (AVAX) has seen impressive growth recently. In the past week, its price jumped by 30.61%, and over the past month, it surged by 81.85%. The current trading range is between $34.54 and $47.42. AVAX is trading above its 100-day simple moving average of $40.13, indicating a positive trend. The Relative Strength Index (RSI) is at 65.72, suggesting strong momentum. The nearest resistance level is $52.76. If the price breaks above this point, it could target the next resistance at $65.66, representing a potential increase of around 38% from current levels. On the downside, the nearest support is at $26.99.

Chainlink Soars 68% in a Month, Eyes $21 Resistance Level

Chainlink's price has surged recently, jumping 35.54% in the past week and 68.19% over the past month. The current price ranges from $14.98 to $19.62, sitting above its 10-day and 100-day simple moving averages of $18.22 and $16.54. This suggests a strong upward trend. The RSI is at 66.47, indicating the asset is nearing overbought levels. The nearest resistance is at $21.33; breaking this could see the price rise to $25.96, a potential gain of about 32%. On the downside, the nearest support is at $12.06 if the price pulls back.

Conclusion

Although AVAX and Chainlink have made significant strides, their short-term potential appears limited compared to emerging projects. CYBRO, a technologically advanced DeFi platform, offers investors unmatched opportunities to maximize earnings through AI-powered yield aggregation on the Blast blockchain. With lucrative staking rewards, exclusive airdrops, and cashback on purchases, CYBRO provides a superior user experience with seamless deposits and withdrawals. Its commitment to transparency, compliance, and quality sets it apart, attracting strong interest from crypto whales and influencers. As the bull run of 2024 unfolds, CYBRO's innovative approach positions it as a promising project poised for substantial growth in the crypto market.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

Disclaimer and Risk Warning

This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.

The post Forget AVAX and Chainlink: This AI-Powered Token Is Predicted to Deliver 8,500% Gains! appeared first on Crypto News Land.

The post Avalanche Holds Above $40, AVAX Price To Hit $60 With A 50% Reversal? appeared first on Coinpedia Fintech News

Story Highlights

The Avalanche price retests the $45 mark, eyes to hit $50.

The EMA 50/200-day record a Golden Cross in the daily time frame, highlighting a higher target.

The AVAX price has soared over 70% during this month.

The AVAX token has maintained its bullish price action despite increased price volatility. This indicates investors’ resigned interest in this cryptocurrency project. Moreover, the altcoin is on the path of retesting its target price of $50 this week.

Will the Avalanche price hold on to its gains and continue rising? Or will it experience a strong bearish pullback in the upcoming time? You are minutes away from uncovering the short-term prospects of the Avalanche (AVAX) crypto token.

AVAX Price Retests $50 Mark!

With an intraday surge of 0.96% in 24 hours and a trading volume of $2.213 billion, the Avalanche price had reclaimed the $45 mark. Moreover, it has added 27.71% over the last seven days and 72.38% during the last 30 days.

TradingView: AVAX/USDT

The Relative Strength Index (RSI) successfully retests its overbought range in the daily time frame. Further, with its average trendline recording a similar price action, this altcoin may continue gaining momentum this week.

The EMA 50/200-day has recorded a Golden Cross in the Avalanche price chart. This suggests that this altcoin may continue gaining value during the upcoming time.

Will AVAX Price Hit $50?

If the market maintains the bullish momentum, the Avalanche price will prepare to test its resistance level of $48.25. Moreover, if the positive influence is sustained, this altcoin could head toward its upper resistance level of $57.20.

On the flip side, if the bears regain power, the AVAX token will retest its support level of $40. Furthermore, if the bearish sentiment intensifies, it could plunge toward its lower support level of $31.50.

Wondering about the long-term price prospects of this altcoin? Read CoinPedia’s Avalanche Price Prediction and subscribe to us to stay updated on the latest cryptocurrency news!

FAQs

What is the price of 1 Avalanche?

The AVAX price is valued at $41.99 with a 24-hour trading volume of $2.213 billion.

How much will AVAX be worth?

The Avalanche price may reach a high of $160 in 2025.

What will Avalanche be worth in 2030?

Suppose the bullish momentum sustains, the AVAX price may cross the $500 with a potential high of $528.

As Bitcoin dips below the $95,000 price level, altcoins are expected to print gains.

AVAX and DOT are up 62.74% and 105.55% in the past month.

XDC turned bullish in the past day, skyrocketing 11% in 24 hours.

Bitcoin’s (BTC) recent dip below $95,000 has triggered a decline in the altcoin market, creating a potential buying opportunity. Several Layer 1 altcoins, in particular, are showing strong bullish signals.

These Layer 1 tokens include Avalanche (AVAX), Polkadot (DOT), Fantom (FTM), Internet Computer (ICP), Algorand (ALGO), Quant (QNT), XDC Network (XDC), Aptos (APT), and Sei (SEI). With Bitcoin (BTC) trading at $94,311.81, down 1.8% from its all-time high of $99,655.50, altcoins are expected to dominate soon once BTC breaks $100,000.

Read also: XRP Eyes Top 5 as Stellar Records a 463% Price Surge

As per CoinMarketCap data, AVAX trades at $41.48, down 71% from its all-time high of $41.56. Despite this, the digital asset gained 18.46% in the past week, 62.74% in the past month, and 97.59% since November 2023. In contrast, DOT and FTM trade respectively at $8.27 and $0.9517, down 7.29% and 0.38% yesterday. But FTM jumped 46.91% in the past 30 days, wh…

The post Layer-1 Altcoins Defy Bitcoin Dip: AVAX, DOT, FTM Surge appeared first on Coin Edition.

According to Odaily, Grayscale has announced on the X platform that it is now offering private token subscriptions to qualified investors for 17 different tokens. These tokens include AAVE, AVAX, BAT, BCH, TAO, LINK, FIL, LTC, LPT, MKR, NEAR, SOL, STX, XLM, SUI, XRP, and ZEC. Grayscale has disclosed that it will periodically reopen private subscriptions to qualified investors based on the net asset value (NAV) of these assets.

This move by Grayscale is part of its ongoing strategy to provide investment opportunities in the cryptocurrency market to accredited investors. By offering a diverse range of tokens, Grayscale aims to cater to the varying interests and investment strategies of its clientele. The periodic reopening of subscriptions allows investors to engage with these assets as market conditions evolve, potentially offering them a chance to capitalize on market trends.

Grayscale's decision to include a wide array of tokens reflects the growing interest and diversification within the cryptocurrency sector. Each token represents different blockchain projects and technologies, providing investors with exposure to various aspects of the digital asset landscape. This approach not only broadens the investment options available but also aligns with the increasing demand for diversified crypto portfolios among institutional investors.

As the cryptocurrency market continues to mature, Grayscale's offerings are likely to attract significant attention from investors seeking to expand their digital asset holdings. The company's commitment to reopening subscriptions based on NAV ensures that investors have access to these opportunities in a structured and timely manner, reinforcing Grayscale's position as a leading player in the crypto investment space.

The Avalanche blockchain has just welcomed its largest software update ever hosted, with a dedicated launch on the Fuji testnet.

Avalanche9000 explores the ground for some key changes to be made soon in mainnet, such as the reduction of fees and the launch costs of a subnet.

In the meantime, to celebrate the event, 40 million dollars have been allocated in retroactive prizes for the developers of the Avalanche ecosystem.

Let’s see all the details below.

Avalanche9000: launched the update in testnet

Avalanche, the eighth largest chain in the blockchain space in terms of TVL, is undergoing a significant modification of its software.

The update, known as Avalanche9000, was officially released yesterday on the Fuji testnet, pending the launch on the mainnet.

In an effort to refine certain mechanisms of the decentralized ecosystem, some changes proposed by the community will be made, summarized in the Etna Upgrade.

In particular, the so-called “Avalanche Community Proposals” ACP-77 and ACP-125 will have a significant impact on the management of Avalanche subnets.

The startup and commission costs on the C-Chain will be significantly lowered, making the cryptographic environment more appealing for users and investors.

Among the key changes of the upgrade, there is certainly the rebranding of these support infrastructures, which will now be ambiguously defined as “layer 1s” (despite technically being layer-2).

https://twitter.com/mattxpalmieri/status/1861093240663089592

According to the Avalanche Foundation, this update does not introduce changes in the way the main network functions. The scaling is applied horizontally, without burdening the dependencies of custom blockchains.

In the meantime, the decentralized autonomous organization is trying to encourage developers to build on its network through a rewards campaign.

Very interesting also how Avalanche is trying to improve its own interoperability with the subnets, unlocking a potential still unexplored.

It is estimated that over 500 “layer 1s” are in development on testnet and mainnet, with solutions ranging from games, payment solutions, and institutional research.

Generally speaking, Avalanche 9000 will be available on the mainnet by the end of the year.

The 2 main changes of the new upgrade 

Avalanche9000, also known as the Etna update, is composed of 7 community proposals, but the major change comes from only 2 of them.

Going in order, the ACP-77 introduces a new type of validator with which users can launch their own subnets. The new validators will be significantly cheaper to use, in order to lower the entry barrier for new players.

If until today it took as many as 2,000 AVAX tokens (about 80,000 dollars) for the entry stake, with Avalanche9000 it will be enough to pay a small recurring fee.

https://twitter.com/avax/status/1861107591423627575

Furthermore, the ACP-77 also modifies the way in which the validator sets of the subnets are managed. 

Now, the responsibility shifts from the main Avalanche chain to the individual L1s themselves, using a bull smart contract ValidatorManager.

This means that from now on these entities have become permissionless, meaning they can be started by anyone.

In this regard, Luigi D’Onorio Demeo, Chief Operation Officer of Ava Labs (a company that deals with Avalanche) stated that:

“Before this update, it was not possible for a dYdX or Monad to use Avalanche to launch their own L1. And this is because all the chains were permissioned, and this was the only available feature. So after this update, we can have a chain with thousands of validators that was not possible before.”

The other major change of Avalanche9000 comes from ACP-125, which proposes to lower the base fees on the C-Chain.

The update allows for a reduction of approximately 99% in the activation costs of smart contracts, going from 25 naVAX (about $0.00000098) to 1 naVAX ($0.00000004).

For those who do not know, a naVAX is equivalent to one billionth of an AVAX.

By doing so, Avalanche places itself on the same competitive level as other networks like Arbitrum and Polygon, which offer minimal costs to their ecosystems.

Avalanche ready to distribute 40 million dollars to the community with the Retro9000 program

The Avalanche9000 update also unlocks a new grant program, called Retro9000, for the bull community of the bear cryptographic project.

A total of 40 million dollars have been allocated to distribute to the developers of layer 1s subnets with a retroactive type reward, meaning it rewards past actions.

Of the sum, 2 million are designated for business development executives, influencer investors, and the like who have contributed to the growth of Avalanche.

It is evident that the Avalanche Foundation is betting on the future of its ecosystem by incentivizing both old and new developers to deploy subnets.

The rewards will be available after these infrastructures are launched on the mainnet and are available to users.

To participate in the program, it is necessary to register on this platform, then connect your wallet, obtain the referral code, and execute the claim.

https://twitter.com/avax/status/1861107587086708784

In an interview, D’Onorio Demio explained how Avalanche9000 and the Retro9000 campaign were created specifically to see an increased flow of users.

These are his words:

“We would like to see people experimenting with different types of infrastructures such as entering into contracts. We would like to see people experimenting by building their own L1. If you are more in the bull market of building a chain, this is a great way to start.”

Avalanche (AVAX) has become one of the most closely watched cryptocurrencies in recent years, especially as it continues to gain…

For the full story, head over to TheCurrencyAnalytics.com.

A technical analysis from analyst Crypto Winkle suggests Avalanche (AVAX) shows strong bullish indicators on its USDT trading pair. The analysis, shared via X, outlines specific price targets while highlighting key technical metrics that support the token’s upward trajectory.

AVAX Demonstrates a Bullish Trend

Crypto Winkle’s analysis suggests that AVAX is experiencing a sustained upward trend, characterized by higher highs and higher lows. This indicates strong buyer interest. 

The tweet also hints at a possible breakout from a prior resistance zone, which has propelled the price into a bullish trajectory.

We've spotted a opportunity in $AVAX/USDT that you won't want to miss.The chart shows a powerful bullish trend.Technical Indicators for @avax:MACD: 3.54 EMA: 39.11 Based on the technical analysis, I'm eyeing potential targets of $42 and $51 if the bullish momentum… pic.twitter.com/mDGgAgAk2g

— Crypto Winkle (@CryptoWinkle) November 26, 2024

At press time, AVAX was trading around $38.84, slightly below the 39.11 EMA level. This places the crypto at a critical point where sustained buying pressure could push prices higher. The key resistance zones identified are $42 and $51, likely representing previous highs or Fibonacci extension levels.

Technical Indicators Support Price Growth

The technical indicators provided by the tweet reinforce the bullish outlook. The MACD reading of 3.54 signals strong momentum, with potential for continued upward movement if the MACD histogram expands. 

Additionally, the price trading near the 39.11 EMA suggests the trend is intact, as this moving average often acts as dynamic support during uptrends. Chart patterns and trendlines may further confirm the positive sentiment. 

Patterns such as an ascending triangle or a bull flag could indicate a continuation of the upward move. Upward-sloping trendlines connecting recent lows also serve as critical support zones, helping traders identify favorable entry points.

Read also: Is It Too Late to Buy Cardano? ADA Price Prediction for 2025

Resistance Levels and Potential Risks

The identified targets of $42 and $51 mark important resistance levels. If AVAX successfully breaks above $42, it could pave the way for a move toward the next target at $51. However, a rejection at $42 could lead to a retracement, potentially testing support near the EMA or prior consolidation zones.

Traders should also monitor volume, which plays a key role in confirming breakouts. Declining volume during a pullback may signal consolidation, while increasing volume near resistance could indicate further bullish momentum.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.

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The post Avalanche Signals Bullish Momentum: Key Indicators Suggest AVAX Price Rally Ahead appeared first on CaptainAltcoin.

According to CoinDesk, the CoinDesk 20 Index experienced a notable decline, closing at 3150.49, which marks a decrease of 5.3% or 175.81 points since 4 pm ET on Monday. This downturn reflects a challenging period for the index, as none of the 20 assets within it are currently trading higher.

Among the assets, Bitcoin (BTC) and Avalanche (AVAX) emerged as the least affected, with BTC down by 2.5% and AVAX by 2.7%. Despite their relative resilience, these assets still contributed to the overall downward trend of the index.

Conversely, Stellar (XLM) and Polkadot (POL) were identified as the most significant laggards, with XLM experiencing a sharp decline of 14.6% and POL dropping by 10.4%. These substantial losses highlight the volatility and challenges faced by certain assets within the index.

The CoinDesk 20 is a comprehensive index that is traded across multiple platforms and regions worldwide, providing a broad perspective on the cryptocurrency market's performance. The recent downturn underscores the dynamic nature of the market and the varying performance of individual assets within the index.

As we approach the end of 2024 Q4, the crypto market is poised for dramatic shifts. With the bull run heating, TRX is eying $20 and AVAX targeting $50. 

Meanwhile, a new altcoin Monsta Mash ($MASH) is gaining traction in the crypto space with its almost sold out 2nd Phase presale. Buoyed by cutting-edge GameFi technology and a fast blockchain, this new contender is set to stay in the crypto headlines.

Monsta Mash ($MASH) Frenzy: Is $MASH Positioned to Gain Dominance This AltSeason Momentum Under Trump?

Could $MASH be the game changer we’ve been waiting for? Crypto whales are already considering $MASH as one of the best cryptos to invest in today. With a target of more than 1000% growth, the project is rapidly establishing an active community. Crypto enthusiasts say the coin is an answer to various blockchain challenges following its amazing innovative features. Notably, the coin presale is moving very fast reporting a massive influx of crypto whales making large investments.

Making money has never been easier. Mosta Mash staking platform, MASH-Yields, offers the highest APY from 8.5% to 19% annually. Heavyweights always have an eye for amazing opportunities, investors are following suit. Staking today allows you to earn with the bulls. 

>>>>>Don’t Watch from the Sidelines. Buy your $MASH Tokens Now and Join the Most Robust ecosystem.<<<<

Additionally, with the Cryptids -  Monsta Mash, You get access to an amazing gaming environment and experience. The hybrid Play-to-earn and Tap-to-earn games opportunities allow players to enjoy a variety of gaming experiences, and be rewarded with $MASH tokens.  You can trade your $MASH for other currencies or stake them for even more rewards.

Holding $MASH tokens also gives you voting rights to be a part of the decision-making on updates and game expansion. Also, you can use $MASH to purchase gaming items to create a perfect squad to conquer more battles, earning even more rewards.

Can Tron Rally Beyond $1 Before 2025?

Tron (TRX) is currently priced at $0.2052, having experienced a 24.78% growth in the last 30 days. The network reached a multi-year high of $0.22 and saw its daily revenue peak at $2.16 million on November 22. Tron’s Total Value Locked (TVL) reached $7.845 billion in November. It dominates the stablecoin market, processing 92% of all USDT transactions, with a weekly USDT volume of $150 billion in November. 

Despite hosting $60 billion in USDT, the market cap of TRX is only $17 billion. Analysts predict TRX could surpass its all-time high of $0.3004, last seen in 2017. Tether’s market cap has also grown by 50%, reaching $132 billion in 2024, reflecting the strong role of stablecoins in the market.

AVAX Is Gearing Up For a New All-Time High

Avalanche (AVAX) is currently trading at $40.24, showing a 4.70% decline in the last 24 hours. However, the price has surged 51.37% over the past month and is up 92.12% from a year ago, when it was priced at $20.94. The prediction for AVAX by Nov 29, 2024, is $54.91, representing a 31.32% increase. Key support levels are at $39.89, $38.36, and $35.88, while resistance levels are at $43.91, $46.39, and $47.92. The Relative Strength Index (RSI) stands at 70.53, suggesting the asset is overbought. Avalanche has gained 48.95% in the last three months, with a volatility of 16.46% over the past month.

Conclusion

Amidst all this heat, crypto whales are always on the lookout for altcoins with a strong dominance. Tron and AVAX made most analysts’ top picks for investments before 2025. However, $MASH gives the holder a ticket to a possible 1000% in 2025.

Add $MASH tokens to your portfolio now to leverage the early investor advantage.

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Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Avalanche, the eighth-largest blockchain by total value locked (TVL), is moving ahead with a major technical makeover.

The Avalanche9000 upgrade went live in a test network environment (testnet) Monday, bringing the changes one step closer to the main network (mainnet), the Avalanche Foundation said.

Avalanche9000 will be the largest upgrade that Avalanche has seen. It is designed to cut the costs of sending transactions, operating validators and building apps on the network, whose native token {{AVAX}} is the 11th-largest cryptocurrency, with a $16 billion market cap.

The foundation is trying to attract developers to Avalanche and encourage users to create customized blockchains using its technology, known as subnets. Somewhat confusingly, subnets are now officially referred to in the Avalanche community as "L1s," even though they are roughly analogous to the layer-2, or L2, networks that augment Ethereum and other blockchains. (Avalanche's "primary network," the equivalent of a layer-1 in other ecosystems, is considered a subnet.)

The team is hoping to bring Avalanche9000 to mainnet by yearend. Also known as the Etna Upgrade, Avalanche9000 consists of seven proposals, but the two most significant changes are ACP-77 and ACP-125.

Roll your own

The ACP-77 proposal would allow for a new type of validator with which users can launch their own subnets. The new validators will be significantly cheaper to operate, lowering the barrier to entry. The validators will also be permissionless, meaning anyone, from the operator of a decentralized exchange to the developers of another blockchain, can spin one up.

“Before this upgrade, it wasn't possible for a dYdX or Monad to use Avalanche to launch their own L1. And that was because all the chains were permissioned, and that was the only functionality that was available,” said Luigi D’Onorio Demeo, the chief operation officer of Ava Labs, the main developer firm behind Avalanche, in an interview with CoinDesk. “So after this upgrade, we can have a chain with thousands of validators that wasn't possible before.”

The ACP-125 proposal would lower the base fee, or minimum cost of running computations, on the primary Avalanche network’s C-chain, the main chain that runs smart contracts, from 25 nAVAX (about $0.00000098) to 1 nAVAX ($0.00000004.) One nAVAX equals one-billionth of one AVAX. (Avalanche also has a P-chain where users can stake AVAX and operate validators and an X-chain which is used for sending and receiving funds.)

“This basically puts C-chain fees equivalent to Arbitrum and Polygon,” D’Onorio Demio said, referring to two of the leading L2s on the Ethereum chain.

Referral grants

In addition to Avalanche9000 going live on testnet, the blockchain’s grants program, Retro9000, opened up Monday for developers to register and start building subnets in the testing environment. The foundation will reward them retroactively when they launch those subnets on mainnet.

“We'd love to see people experiment with different types of infrastructure like staking contracts. We'd love to see people experiment by building their own L1s,” D’Onorio Demio told CoinDesk. “If you're more in the market for building a chain, this is a great way to start.”

Retro9000 has $40 million in rewards to distribute, with $2 million designated for business development executives, influencer-investors ("key opinion leaders") and the like who refer others to build on Avalanche.

“For the referral component: the idea there is if you're a KOL or a BD person, and you know people that are potentially viable to build this kind of stuff, they can list you as a referral. And you will be eligible to also receive parts of the $2 million as well in retroactive grants,” D’Onorio Demio said.

Read more: Avalanche Unveils $40M Grant Program Ahead of 'Avalanche9000' Upgrade