A crypto investor has stirred attention by betting on potential top performers in the current market cycle. Notably, Dogecoin (DOGE), once a favorite in meme coin circles, is absent from their choices, triggering heated discussions among crypto enthusiasts. Speculations arise about the future of Dogecoin (DOGE) and the appeal of other options favored by this influential investor, such as Fantom (FTM) and Near Protocol (NEAR).
Dogecoin (DOGE) Plunges from $0.15 to $0.12, Raising Stability Concerns
Dogecoin (DOGE) has maintained a prominent presence in the cryptocurrency realm for almost a decade. Its transformation from a currency born out of humor to one of the top 10 cryptocurrencies based on market value has been truly impressive. Nevertheless, recent market indicators hint at a potential weakening of DOGE’s established position.
Dogecoin (DOGE) has seen a notable drop in value over the last month, with its price decreasing by around 28%. This decline has led to Dogecoin (DOGE) slipping from its previous 8th position on CoinMarketCap to 9th place as Toncoin surpasses it. The current market capitalization of Dogecoin now sits at $17 billion, a considerable distance from its previous peak.
The DOGE price witnessed significant volatility, plunging from an average of $0.15 to the current rate of $0.1221, marking its poorest performance in the past three months. This stability prompts doubts about DOGE’s potential resurgence or its potential decline into insignificance against more innovative projects gaining prominence in the market.
Near Protocol Targets $10.01, Fantom (FTM) Aims for $0.753
While Dogecoin (DOGE) grapples with maintaining its position, the focus of the crypto whale shifts towards alternative digital currencies. Near Protocol (NEAR) and Fantom (FTM) have recently emerged as strong contenders in the market.
Near Protocol (NEAR) recent trading pattern has shown stability within the price range of $4.89 to $5.67, resiliently weathering the storm of market fluctuations. In the last week alone, Near Protocol (NEAR) recorded a modest 2.55% increase, reflecting a prevailing bullish attitude toward the project.
Looking forward, analysts are cautiously hopeful for the Near Protocol (NEAR) future, with some forecasting a potential surge of more than 20% in the short term, challenging higher resistance thresholds.
In 2024, crypto experts predict Near Protocol (NEAR) trading price to average at approximately $9.88, with a potential low of $10.14 and a high of $10.01. If these projections come to fruition, it could result in a notable 87.5% return on investment from current levels.
Fantom (FTM) continues to draw interest despite recent price decreases. Presently valued at $0.542909, Fantom (FTM) experienced a 7.37% decline in the past 24 hours. Looking forward to 2024, experts forecast an average trading price of $0.753 for Fantom (FTM), estimating a range from $0.586 to $0.669. While these projections show more modest gains compared to Near Protocol (NEAR), they still hint at a potential 14.4% return on investment from current levels.
Algotech Set to Revolutionize Crypto Trading with AI Features
Algotech (ALGT) has surged in popularity among investors for its cutting-edge features and promising roadmap, currently raising $9.7 million during its presale phase at a price of $0.08. The presale is approaching its closure.
Algotech’s appeal lies in its dedication to algorithmic trading within crypto. The initiative seeks to transform the landscape of trading and investing by harnessing cutting-edge technologies and automation. This strategic approach has the potential to democratize the field for individual investors, granting them access to intricate trading tactics that were traditionally exclusive to institutional entities.
Algotech’s merge of cutting-edge technology, strategic foresight, and community dedication has positioned it as a prominent choice among investors, garnering attention from influential players like the mentioned crypto mogul. The project’s capacity to revolutionize traditional trading norms and cater to a wide user base has sparked considerable excitement within the crypto sphere.
Learn more:
Visit Algotech Presale
Join The Algotech Community
A crypto investor has stirred attention by betting on potential top performers in the current market cycle. Notably, Dogecoin (DOGE), once a favorite in meme coin circles, is absent from their choices, triggering heated discussions among crypto enthusiasts. Speculations arise about the future of Dogecoin (DOGE) and the appeal of other options favored by this influential investor, such as Fantom (FTM) and Near Protocol (NEAR).
Dogecoin (DOGE) Plunges from $0.15 to $0.12, Raising Stability Concerns
Dogecoin (DOGE) has maintained a prominent presence in the cryptocurrency realm for almost a decade. Its transformation from a currency born out of humor to one of the top 10 cryptocurrencies based on market value has been truly impressive. Nevertheless, recent market indicators hint at a potential weakening of DOGE’s established position.
Dogecoin (DOGE) has seen a notable drop in value over the last month, with its price decreasing by around 28%. This decline has led to Dogecoin (DOGE) slipping from its previous 8th position on CoinMarketCap to 9th place as Toncoin surpasses it. The current market capitalization of Dogecoin now sits at $17 billion, a considerable distance from its previous peak.
The DOGE price witnessed significant volatility, plunging from an average of $0.15 to the current rate of $0.1221, marking its poorest performance in the past three months. This stability prompts doubts about DOGE’s potential resurgence or its potential decline into insignificance against more innovative projects gaining prominence in the market.
Near Protocol Targets $10.01, Fantom (FTM) Aims for $0.753
While Dogecoin (DOGE) grapples with maintaining its position, the focus of the crypto whale shifts towards alternative digital currencies. Near Protocol (NEAR) and Fantom (FTM) have recently emerged as strong contenders in the market.
Near Protocol (NEAR) recent trading pattern has shown remarkable stability within the price range of $4.89 to $5.67, resiliently weathering the storm of market fluctuations. In the last week alone, Near Protocol (NEAR) recorded a modest 2.55% increase, reflecting a prevailing bullish attitude toward the project.
Looking forward, analysts are cautiously hopeful for the Near Protocol (NEAR) future, with some forecasting a potential surge of more than 20% in the short term, challenging higher resistance thresholds.
In 2024, cryptocurrency experts predict Near Protocol (NEAR) trading price to average at approximately $9.88, with a potential low of $10.14 and a high of $10.01. If these projections come to fruition, it could result in a notable 87.5% return on investment from current levels.
Fantom (FTM) continues to draw interest despite recent price decreases. Presently valued at $0.542909, Fantom (FTM) experienced a 7.37% decline in the past 24 hours. Looking forward to 2024, experts forecast an average trading price of $0.753 for Fantom (FTM), estimating a range from $0.586 to $0.669. While these projections show more modest gains compared to Near Protocol (NEAR), they still hint at a potential 14.4% return on investment from current levels.
Algotech Set to Revolutionize Crypto Trading with AI Features
Algotech (ALGT) has surged in popularity among investors for its cutting-edge features and promising roadmap, currently raising an impressive $9.7 million during its presale phase at a price of $0.08. The presale is approaching its closure.
Algotech’s appeal lies in its dedication to algorithmic trading within the cryptocurrency realm. The initiative seeks to transform the landscape of trading and investing by harnessing cutting-edge technologies and automation. This strategic approach has the potential to democratize the field for individual investors, granting them access to intricate trading tactics that were traditionally exclusive to institutional entities.
Algotech’s blend of cutting-edge technology, strategic foresight, and community dedication has positioned it as a prominent choice among investors, garnering attention from influential players like the mentioned crypto mogul. The project’s capacity to revolutionize traditional trading norms and cater to a wide user base has sparked considerable excitement within the crypto sphere.
Learn more:
Visit Algotech Presale
Join The Algotech Community
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The inforation provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post Crypto Whale Bets On Top Gainers For This Cycle: DOGE Did Not Make The Cut appeared first on CaptainAltcoin.