These 11 Tokens Could Move Strongly Soon !!
This week promises to be an exciting one in the cryptocurrency market, with several key events and trends likely to shape price movements.
RWA (Real-World Asset) Narrative Continues to Dominate
1. ONDO: The top performer in the RWA space, $ONDO has been on a tear. However, the trade might be getting crowded, so keep an eye out for a potential pullback. A return to the $1 mark could signal a long opportunity.
2. DUSK: Often overlooked, DUSK boasts a longer trading history and 10x the longevity compared to $ONDO, with a market capitalization just a tenth the size.
3. CHZ: This token linked to the sports industry has been on a pump recently, and with the Euros football competition coming up, the trend is likely to continue.
4. UNI: The upcoming vote on enabling the Uniswap fee-sharing mechanism could be a positive development for US-based projects, as it aligns with the recent shift in US crypto policy.
5. LINK: Chainlink’s discussion with Swift on tokenization on May 30th, coupled with rumors of a major announcement, positions LINK as a “safe” trade within the ongoing RWA narrative.
6. STG: Their V2 release on May 28th is shrouded in mystery, but whispers of a LayerZero token launch soon (potentially in June) add intrigue.
7. ETC: The Ethereum Classic halving on May 31st could lead to a short-term price increase, followed by a potential pullback once the event is over.
8. FLOKI: Their announcement tomorrow remains a mystery. If it aligns with the RWA narrative (given their connection to $TOKEN)
9. BLUR: With Ethereum’s price doing well, NFT holders are likely wealthier, potentially driving NFT prices up.
10. FTM: This token has seen a healthy 20% pullback from its $1 peak.
11. PEPECOIN: This influencer-backed token, where influencers receive tokens at a discount for marketing purposes, is worth keeping an eye on.
Remember, this is not financial advice. Always do your own research before making any investment decisions. @KhannAmirr
