The post Cryptocurrencies That Whales Are Accumulating Right Now appeared first on Coinpedia Fintech News

A significant shift in the market shows major investors are making strategic moves. Observing their actions can hint at potential future trends. Savvy participants are paying close attention to these developments as the market rallies in 2024. Insights into these trends could offer valuable clues.

Countdown to Closure: BlastUP Token Presale Ends in Few Days

The BlastUP token presale has been a significant success, rapidly attracting over $7 million and engaging more than 17,000 investors within just a few months. With approximately 70% of the $BLP tokens allocated for the presale already purchased, investors are eagerly capitalizing on the opportunity presented by this innovative launchpad platform.

As the BlastUP presale draws to a close, $BLP tokens are available at a 35% discount until May 31st, after which they will be listed at a starting price of $0.1. Recognized by cryptocurrency experts as an under-the-radar opportunity, the BlastUP token is projected to potentially increase by up to 1000% by year-end.

Secure your BlastUP Tokens now for maximum potential returns!

BlastUP accelerates the growth of crypto startups, enabling them to thrive and expand their financial potential. As the platform progresses, it is dedicated to establishing a global hub for the Blast community, continually attracting attention and providing advantages for all ecosystem participants.

Looking ahead, BlastUP’s strategic roadmap reaches into 2026, featuring plans to introduce AI-driven tools and a Community Marketplace, both aimed at further enhancing the functionality and value of the ecosystem.

The BlastUP token, pivotal to the platform, grants holders access to tiered initial DEX offerings (IDOs), staking rewards, and exclusive loyalty perks. 

Polygon (MATIC) Price Analysis and Forecast

Polygon (MATIC) is currently trading between $0.67 and $0.76. The nearest support level is $0.63 and resistance is $0.80. Over the past week, the price fell by 1.80%. In the last month, it rose by 0.85%. Over six months, MATIC has dropped by 11.25%. The Simple Moving Average over 10 and 100 days are $0.70 and $0.73 respectively. The RSI is at 48.42, while the MACD is neutral. The price is in a corrective move.

Starknet (STRK) Price on the Rise: Analysis and Short-Term Outlook

Starknet (STRK) is currently trading between $1.09 and $1.36. The coin shows moderate growth with a 1-week price change of 0.972% and a 1-month increase of 1.33%. Over the past 6 months, STRK has surged by 507.30%. The RSI is at 52.13, indicating neutral momentum, while the Stochastic at 81.21 suggests it is approaching overbought conditions. STRK trades near its 10-day and 100-day moving averages, showing an impulsive move upward.

Polkadot (DOT) Price Overview and Prediction

Polkadot (DOT) is currently priced between $7.02 and $7.93. It faces resistance at $8.30 and support at $6.48. Over the last week, the price dropped by 4.83%, but it has increased by 7.90% in the past month and 29.80% over six months. The coin is in a corrective phase with mixed signals from technical indicators. The 10-day Simple Moving Average is $7.07, and the 100-day SMA is $7.37. The RSI stands at 45.77, indicating neutral momentum. The sentiment is cautiously optimistic as long as it stays above $6.48.

Hashflow (HFT) Crypto Price Overview and Prediction

Hashflow (HFT) is currently trading within the $0.28-$0.32 range. The coin has seen a 1-week price change of -1.57%, but a 1-month increase of 6.24%. Over 6 months, it has decreased by 8.75%. The Relative Strength Index (RSI) stands at 56.32, suggesting mild buying pressure. With the Stochastic at 95.04, the market could be overbought. The current trend for HFT appears corrective with prices hovering around both the 10-day and 100-day simple moving averages of $0.30.

Conclusion

MATIC, STRK, DOT, and HFT show less potential in the short term. BlastUP stands out with the highest potential. The project’s strength lies in its unique concept and its integration into the Blast ecosystem.