Today, Bitcoin closed above 10w again, which means that the 10w integer mark has been effectively stabilized, which has built a good foundation for the continued upward attack. Ethereum is facing the suppression of the 4000 integer mark and cannot break through in the short term. It fluctuates around the 3840-3990 range. It may continue to fluctuate in the next few days, seeking an opportunity to break through the integer mark.
Well, Wall Street is closed for two days today at the weekend. In the past few weekends, liquidity has decreased and the market has been mainly downward and volatile. Will there be a period of consolidation in these two days, giving altcoins a chance to make up for the losses, or will Bitcoin take off directly in these two days this week and develop a different market trend?
No matter which way it goes, the trend will be bullish. Buy small when the price drops slightly, buy big when the price drops sharply, and buy massively when the price plummets. There should be a demand for catch-up growth in the next two days.
5 Most Worthy Cryptocurrencies to Watch May Explode 100 Times of Profit!!
Shiba Inu (SHIB)
Shiba Inu (SHIB) started out as a spoof of Dogecoin but has since found its own way in the world of cryptocurrency. Launched in August 2020 by the mysterious Ryoshi, SHIB runs on the Ethereum blockchain. This gives it access to Ethereum's extensive ecosystem of decentralized applications. SHIB started out with a staggering 1,000 trillion tokens, half of which were sent to Ethereum co-founder Vitalik Buterin. He donated a large sum to the Indian Covid Crypto Relief Fund and destroyed 40% of the total stock, which brought SHIB a lot of attention.
SHIB’s integration with Ethereum sets it apart from other memecoins. It powers decentralized exchange ShibaSwap and has plans to build an NFT platform and a community-driven governance model. These developments suggest SHIB’s potential extends beyond its meme status. In a market where practicality and technology are gaining increasing attention, SHIB’s ambitions could make it stand out from other cryptocurrencies. As the trend shifts toward projects with real-world applications, SHIB’s evolution within the Ethereum ecosystem could attract those who seek beyond the hype in the world of cryptocurrency.
Dovihart (WIF)
Dogwifhat (WIF) is the latest memecoin to gain attention on the Solana blockchain. Inspired by the viral Dogwifhat meme, this dog-inspired cryptocurrency is full of community and humor. Memecoins are often derived from internet jokes or pop culture hits, and WIF is no exception. It has generated buzz among crypto enthusiasts who enjoy the lighter side of digital currencies.
What sets WIF apart is that it is based on the Solana network, which is known for its fast transactions and user-friendly experience. This gives Dogwifhat an advantage over other memecoins that may struggle with slow or expensive transactions. In a market where new coins are emerging every day, WIF combines a well-loved meme with solid technology. Compared to other dog-related tokens, it offers a fresh change that will resonate with many people. With its growing popularity, Dogwifhat is a stand-out coin in the current cryptocurrency space.
Arbitrum (ARB): Layer 2
Arbitrum has solidified its position as a major player in the Layer-2 scaling solution game. It is built on Ethereum, promising faster transactions and lower gas fees. In a world where users are tired of slow and expensive networks, Arbitrum feels like a breath of fresh air. Its native token, ARB, has been growing steadily, and with upgrades like the recent Stylus update, it is ready for bigger things. The upgrade brought compatibility with Rust and C++, opening the door for developers who have traditionally shied away from Solidity.
ARB price predictions have analysts buzzing. While it’s currently trading below $2, some predict it could hit $10 next year, making it an enticing option for those looking to the future. Imagine grabbing ARB now, holding it for a year, and watching it grow fivefold — like planting a money tree in your backyard.
Turbo (TURBO)
TURBO has seen impressive gains recently, up 49.73% in the last week and 43.85% in the past month. The current price range is between $0.0080170 and $0.01318, close to the nearest resistance at $0.01517. The 10-day simple moving average is $0.01290, which is above the 100-day moving average at $0.01160, indicating bullish momentum. The RSI is 55.31, suggesting more room for growth before reaching overbought levels. If TURBO breaks above the $0.01517 resistance, it could target the second resistance at $0.02033, which would imply a potential gain of more than 50%. The strong performance in six months, with a gain of 176.18%, suggests continued upward momentum.
Is BONK ready to take off?
Bonk (BONK) is up nearly 50% in the past month and over 60% in six months. Despite a slight drop of around 5% this week, the coin’s price trend remains upward. Trading between $0.00003989 and $0.00005026, BONK is approaching the $0.00005466 resistance level. A breakout here could push it towards $0.00006502, offering huge upside potential. The RSI is at 60.86, indicating bullish momentum but not overbought. With strong technical indicators and growth potential, BONK is expected to rise further as the altcoin season approaches.
