There isn't much to say today, as I've been discussing a point for the past couple of days: in the short term, Bitcoin is expected to fluctuate, with occasional downward spikes. There should be no upward breakout in the short term, and SOL is similarly positioned.
ETH will also continue to adjust the ETH/BTC exchange rate during this golden period, with today's rate rising to 0.0383, close to 0.04, which should be achievable in December, as ETH's momentum shows no signs of stopping.
Today's BTC Fear and Greed Index has reached 81, indicating a primarily anxious market. In this situation, it is advisable to dismantle leverage and hold onto physical assets while waiting for Bitcoin to build up momentum.
Let's take a look at these three cryptocurrencies that could potentially increase in value by more than ten times in the future!
1.CKB
Nervos Network has launched Fiber Network, the next generation lightning network designed to support four key RGB++ assets. These assets include the $CKB native token (a regulatory compliant stablecoin), $ccBTC (developed in partnership with MesonFi and Cactus Custody), and the flagship RGB++ asset $Seal. This release aims to expand the Bitcoin ecosystem by incorporating broader asset support through the RGB++ protocol.
Fibre Network focuses on Bitcoin transactions and introduces broader functionalities. It supports multiple asset types and addresses the limitations of the existing ecosystem. This increased flexibility is expected to enhance the adoption rate of Bitcoin-based financial technologies. RGB++ assets will also enable decentralized liquidity lending and other advanced financial applications.
After the mainnet launch, Nervos plans to focus on building a strong liquidity network for the four supported assets. This is crucial for ensuring that these assets are available in the Bitcoin-based financial system. By prioritizing liquidity, Fiber Networks can become the foundation for innovation in Bitcoin's native financial system.
Over the past year, Nervos Network has performed well in the market. Its $CKB token price has increased by 420%, outperforming 86% of the top 100 cryptocurrencies like Bitcoin and Ethereum. Its trading price is above the 200-day simple moving average, with bullish market sentiment.
2.WLD
Worldcoin (WLD) saw a significant price increase of 15% yesterday, becoming the second largest gainer of the day. This price momentum coincided with the announcement of the World ID passport credential at the San Francisco 'New World' event. This new feature allows users to securely link NFC-enabled passports to their World ID, enhancing convenience and security.
Moreover, the World ID Passport Credential ensures that sensitive personal data is stored only on users' devices. Its privacy-centric design leverages the anonymous features of the World ID protocol. The pilot project is operational in Chile, Colombia, Malaysia, and South Korea, demonstrating its commitment to improving user access and security.
This news has had a significant impact on the market. Once the news broke, the price of Worldcoin quickly surged from $2.50 to $2.90, with trading activity also increasing. The price spike reflects growing investor interest and speculative trading following the feature's launch.
Today, the price of WLD tokens is $3.3, having increased by 11.60% in the past 24 hours. This rebound has reversed the previous downward trend, reigniting traders' interest. The market capitalization of Worldcoin rose by 12.30% to $2.44 billion, ranking it 56th on CoinMarketCap. Meanwhile, its trading volume surged by 111.25% to $1.71 billion.
This surge reflects increased investor confidence, fueled by the innovative 'World Identity Passport Credential' and the platform's further growth potential.
3.AIOZ
AIOZ Network is a decentralized platform for Web3 AI, storage, and streaming that is generating buzz. By leveraging a global network of decentralized infrastructure providers (DePIN), AIOZ allows users to earn rewards by sharing computing resources. These resources enable efficient media storage, transcoding, streaming, and decentralized AI processing, making AIOZ a forward-looking solution for a more secure and decentralized future.
In the past 24 hours, AIOZ's price has soared over 34%, maintaining strong upward momentum, having tripled in value over the past six months. This bullish trend reflects the market's growing interest in the platform's potential.
The daily chart shows a parallel channel pattern, with prices hovering near the upper limit. The key resistance level of $0.91 has recently been breached, and at the time of writing, the price has risen to $1.70. If this upward trend continues, AIOZ may rise another 10%, targeting the next resistance level. However, a drop below $0.87 could result in a 15% decline, indicating a cautious balance between bulls and bears.
Additionally, AIOZ Network continues to push the boundaries of decentralized innovation through integration with the AiPets mini-program in the Telegram ecosystem. This collaboration utilizes AIOZ W3S to enhance in-game assets such as NFT collectibles, music, and videos. Supported by over 190,000 AIOZ DePINs, this integration ensures secure, scalable, and efficient storage for AiPets' growing user base.
