Bitcoin has stabilized at $100,000 and will continue to challenge $108,000 next. I believe it will reach there soon. With only 13 days until Trump's inauguration, there will definitely be a continuous rise during this period. Ethereum will also soon break through the resistance level of $4,100, challenging the historical high of $4,800 by the end of January or February, and the Ethereum Prague upgrade will take place in March. That will be the real altcoin season; for now, the key is to hold onto your chips and avoid frequently changing positions while waiting for the main surge.
Buy the dip in three altcoins with the potential for 100x future value increases!
1.FET
FET has solidified its outstanding performance in the field of crypto AI, gaining significant attention after a price surge of 19.69% in the past week. Additionally, the token continues to show potential for further growth, with its daily chart forming a bullish price action pattern. According to CoinMarketCap data, FET's price has increased by 7.40% in the past 24 hours, reaching $1.58, while its trading volume has skyrocketed by an astonishing 92.42%, reaching $378.32 million.
Since early August 2024, FET has been consolidating in the $0.89 range. However, bullish momentum pushed it up to $1.33 within a week, followed by resistance and a slight pullback. Interestingly, this pullback formed a dome pattern, which is a technical indicator suggesting further potential for upward movement.
In August, an investor, after losing 45.9% on SHIB, exchanged 25.562 billion Shiba Inu (SHIB) tokens (worth $3.5 million) for 3.114 million FET, demonstrating confidence in FET. This bold decision highlights the growing confidence in FET's potential. If the current upward trend continues, FET may break through the resistance level of $1.46 and potentially reach the range of $1.72 to $1.85 in the short term.
On today's 4-hour chart, the trading price of FET is above the 200 simple moving average (SMA), further confirming its bullish trend. Additionally, the token faces direct resistance at $1.48 (50 SMA), and sustained buying pressure may help it break through this level. Furthermore, the relative strength index (RSI) is trending upwards to 53, indicating stable demand and ongoing interest from traders.
2.BIO
The BIO Protocol, as a revolutionary financial layer in the decentralized science (DeSci) field, is making waves. BIO aims to accelerate the commercialization of breakthrough scientific research and serves as a platform where anyone can fund, develop, and manage tokenized scientific intellectual property (IP) from universities, companies, and researchers worldwide.
According to its official website, the project aims to drive biotechnology innovation through decentralized funding and coordination, earning the title of 'gateway drug' in DeSci.
The price of the BIO token is $0.7365, having increased by 7.22% in the past 24 hours. Its market capitalization has also risen by 7.22% to $954.84 million, while trading volume surged by 23.40%, reaching $562.36 million. Impressively, BIO's trading price is 501,337.99% above its 200-day simple moving average (SMA) of $0.000146, highlighting its significant growth since launch.
Despite these impressive figures, the current price prediction sentiment for BIO remains bearish. However, the fear and greed index shows a score of 76 (greed), reflecting increased trading activity and growing market optimism about a potential upward trend.
To further drive this momentum, Binance recently launched the BIO Protocol on Launchpool, its 63rd project. Launchpool is a platform aimed at supporting innovative projects in emerging fields like DeSci. The mining period for BIO started on December 24. This mining period continues until January 2, 2025, and Binance users can stake tokens and earn rewards by participating in this groundbreaking program.
3.OSMO
Osmosis (OSMO) has seen a significant price increase of 24.61% in the past 24 hours, currently trading at $0.6046, attracting attention. This short-term rise reflects an increase in market optimism and is supported by bullish sentiment and an extreme greed rating (76) on the fear and greed index.
Looking ahead, January seems promising for OSMO. Predictions indicate that the token's trading price could range from $1.841221 to $2.62, a substantial increase of 333.34% from today's price. Based on the estimated average price of $2.29, if the token reaches these forecast levels, investors could see returns of up to 278.76%.
Even more exciting is that Osmosis has launched the ProtoRev Burn project, a bold initiative aimed at increasing the value of its native token $OSMO. ProtoRev was developed in collaboration with Skip Protocol, focusing on reducing the circulating supply of $OSMO tokens.
So far, the project has achieved significant results, destroying over 2.2 million $OSMO tokens. This achievement marks an important milestone for Osmosis, contributing to the token's economic stability and long-term value.
