The crypto space is a buzz with significant activities, with major altcoins like SUI and XLM on notable rallies. SUI has been experiencing a heavy surge backed by its DeFi expansion and gaming utility. On the other hand, XLM has impressively hiked in the past week following its growing adoption for cross-border payments and enhancing the Stellar ecosystem utility.
Amid this bullish momentum, a new contender, Monsta Mash ($MASH), is capturing investors’ interest with its innovative GameFi technology and a staggeringly successful presale. $MASH has gracefully positioned itself as a potential standout in the varying and expanding crypto world. Let’s dive in and discover why there is so much hype built up around Monsta Mash.
New Altcoin Contender Monsta Mash ($MASH) Takes the Crypto Whales by Storm
$MASH is rapidly dominating crypto presale conversations after managing a 19% sellout in just a few days of the second phase presale. The success is fueled by Mash’s impressive features. It offers broad utility for holders helping to pave its way to significant growth. Holding $MASH tokens gives you voting rights to be a part of the decision-making on updates and expansion within the play to earn game, Cryptids – Monsta Mash.
Additionally, holders can use $MASH for purchases to improve gaming. Acquiring items to create a perfect squad to conquer Royal battles helping to earn more rewards. Earned rewards can be used to trade your $MASH for other currencies or stake them for even more rewards.
Buy $MASH tokens now – Phase 2 of the presale is now live
Analysts’ investigations reveal that Whales are mostly interested in the staking platform, MashYields, offering a competitive APY from 8.5% to 19%. The platform makes earning simple for both gaming and investors alike. Monsta Mash has seen higher participation from whales looking to invest in smaller coins with massive growth potential. Priced at $0.0018, Predictions show that $MASH will soar to $2, and early holders are set up for massive profits.
XLM Price Closes in on its Previous ATH
XLM has experienced a massive surge in demand, with futures open interest reaching an all-time high of $420 million in the past 24 hours, surpassing its previous peak of $180 million in April 2021. Derivatives trading volumes also hit a record $10.17 billion on November 24.
The price of XLM soared 53.52% on Saturday, marking an 189% weekly gain, and reached a peak of $0.63, its highest price in 2024. This rally has seen XLM rise over 600% in November alone. Despite pulling back slightly to $0.54, it is only 47% away from its previous all-time high. Analysts are bullish on the cryptocurrency’s future, especially with Stellar Lumens being recognized by the Federal Reserve for its FedNow system, potentially increasing organic demand and boosting XLM’s value.
Sui to launch Bitcoin staking
Sui is expanding its decentralized finance (DeFi) ecosystem by entering the Bitcoin staking market through partnerships with Babylon Labs and Lombard Protocol. The initiative aims to tap into Bitcoin’s $1.8 trillion market capitalization, offering BTC holders the opportunity to stake their coins and receive Lombard’s liquid staking token, LBTC, minted on Sui. Starting in December, this collaboration will enhance Sui’s DeFi activities, focusing on lending, borrowing, and trading.
Sui’s current total value locked (TVL) stands at $1.7 billion, and its native SUI token has surged more than 380% over the past year, reaching an all-time high of $3.92 on November 17. Additionally, the Cubist platform will support over $1 billion in non-custodial Babylon staking and BTC collateral on Lombard. This expansion is expected to drive further growth in DeFi adoption on the Sui network.
Final Thoughts
The crypto market has maintained a bullish trend in the past week. XLM is possibly looking for a breakout for great returns, predictions say it will possibly end the year high. Meanwhile, SUI’s market value is set to soar higher with the new collaboration. It is all set to an excellent end to the 2024 Q4.
Yet, the brightest spotlight is really on $MASH. Notably, the Monsta Mash presale has rapidly garnered significant attention. $MASH is currently available at $0.0018 and at the second phase of the presale. New buyers are excited about giveaways that come with being a new holder.
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