Market hot spots:
1. The public chain ETH rose, the ETHBTC exchange rate strengthened, and Cancun was upgraded in mid-March.
2. L2's STRK opened high and ended low, with a total market value of 20 billion US dollars, surpassing ARB and OP to become the largest L2 in market value. The market is speculating on new products but not old ones. The chain is very congested and the user experience is average.
3. AI's FETS, AGIX, KIZUNA, and HUMANODE have surged. KIZUNA is a meme generated by AI on Tao. ShiB's Ryoshi concept has surged 160 times in half a year, with a total market value of 5,000 WU. HUMANODE is similar to WLD.
4. The game xai has reached a new high. xai is a public game chain on the arb chain, and the pull-up and selling of nodes is similar to gala.
Cryptocurrency recommendations:
WLD
Positive developments on the part of OpenAI are positively reflected in the price of the token, since the founder of WLD Coin is the CEO here. At the same time, the number of active users of the Worldcoin network has increased significantly. The largest artificial intelligence project OpenAI continues to hold large events, despite legal issues, which may have a positive impact on the price of WLD Coin.
WLD coin price rose to $8, reaching ATH levels and is now down $6.4. The fall in Bitcoin price has the potential to cause faster losses in altcoins. This could result in a price drop to $5.8 and $4.82.
DONE
The excitement in the field of artificial intelligence has had a positive impact on the price of FET Coin, just like WLD Coin. While the price was about to break through $1 and was about to test the peak on September 6, 2021, Bitcoin started to sell off due to volatility. Now it finds buyers at $0.981.
If the $0.82-0.8 area is lost, FET price could see new lows between $0.71 and $0.51. Here, BTC will largely dictate price performance, and if we take advantage of tomorrow's drop and see a revival in ETF inflows, it could quickly reach previous levels. This would of course take BTC price back towards $52,500.
Today’s daily close is critical and protecting $48,800 will be important for a quick continuation of the medium-term uptrend.
WITH
Anticipation for Arweave is growing ahead of the launch of “aoTheComputer” on February 27. This development aims to introduce a hyper-parallel computer in Arweave. Among other things, it brings PoS computations, allows multiple processes to be executed in parallel, provides temporary storage. All of this is available on Arweave’s testnet, which is already live.
With the positive atmosphere around Arweave, investors are adding the token to their portfolios, as evidenced by a Greed score of 72. Moreover, AR is trading close to its cycle high of 15.47 and is above its 200-day moving average. Arweave’s current price range seems to be attracting the interest of many traders. Therefore, by 2024, AR is expected to reach $20, especially with strong cooperation with financial institutions.
Apart from this, the potential for AR to surpass the current price trend and hit new highs is evident. Therefore, it shows great potential with a minimum price of $20 expected in 2024.
IN
Filecoin’s partnership with Solana marks a positive step for two giants in the cryptocurrency space. This partnership aims to revolutionize data storage and access by providing decentralized solutions. In addition, it addresses concerns about security, privacy, and control of centralized storage systems.
FIL has gained 16.99% in the last trading session, touching $7.64. The rise can be attributed to its successful integration with the thriving Solana ecosystem. In this regard, this surge indicates positive investor sentiment. Hence, it provides a window for investors considering investing in Filecoin. This is evidenced by its current trading position 53.41% above its 200-day moving average of $4.95.
Additionally, Filecoin has shown consistent positive performance. In the past 30 days, FIL has shown green candles on 18 days. This positive trend indicates days when the daily closing price exceeds the daily opening price. This trend accounts for 60% of the observation period, further strengthening investors' confidence in Filecoin's growth potential.
