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📊 Today’s Top Crypto Performers: Not XRP or ADA, These Three Coins Are Quietly Surging
The cryptocurrency market has been booming since Trump’s victory in the US elections. Bitcoin has reached $99k and is now approaching $100k. While many of the top 100 coins have seen some gains, only a few have been rallying strongly. While coins like XRP and ADA are up, Gala has been showing impressive performance.
The Sandbox (#SAND ) is up by more than 15 percent in the last 24 hours and is trading close to the $1 levels. Up by more than 45 percent in the last seven days, SAND hit a range high of $1.06 before hitting a reverse and is now retesting the $0.88 levels. SAND’s ATH sits at $8.44, which was achieved three years ago.
Gala (#GALA ) has also been quietly surging and is trading close to the $0.60 levels at the time of writing. Up by more than 11 percent in the last 24 hours, Gala has surged by 55 percent this week alone. The altcoin hit a high of $0.66 in the last 24 hours and is also nearing it’s ATH which sits just above the $0.83 level.
The Curve DAO (#Curve ) token is also rising and has shifted to the green zone. Curve Finance has seen a huge surge in both market cap and trading volume, now sitting at $1.3 billion with $1.66 billion in trading volume. The rally is driven by news of BlackRock partnering with Curve and Elixir to bring traditional financial assets into DeFi.
The price of Curve hit a major resistance level at $1.25, which is a key point to watch. If it breaks above this level, the next target could be $1.50. However, there might be some pullback before that happens. Overall, Curve is showing strong bullish momentum, and investors should keep an eye on these key price levels.
The cryptocurrency market has been booming since Trump’s victory in the US elections. Bitcoin has reached $99k and is now approaching $100k. While many of the top 100 coins have seen some gains, only a few have been rallying strongly. While coins like XRP and ADA are up, Gala has been showing impressive performance.
The Sandbox (#SAND ) is up by more than 15 percent in the last 24 hours and is trading close to the $1 levels. Up by more than 45 percent in the last seven days, SAND hit a range high of $1.06 before hitting a reverse and is now retesting the $0.88 levels. SAND’s ATH sits at $8.44, which was achieved three years ago.
Gala (#GALA ) has also been quietly surging and is trading close to the $0.60 levels at the time of writing. Up by more than 11 percent in the last 24 hours, Gala has surged by 55 percent this week alone. The altcoin hit a high of $0.66 in the last 24 hours and is also nearing it’s ATH which sits just above the $0.83 level.
The Curve DAO (#Curve ) token is also rising and has shifted to the green zone. Curve Finance has seen a huge surge in both market cap and trading volume, now sitting at $1.3 billion with $1.66 billion in trading volume. The rally is driven by news of BlackRock partnering with Curve and Elixir to bring traditional financial assets into DeFi.
The price of Curve hit a major resistance level at $1.25, which is a key point to watch. If it breaks above this level, the next target could be $1.50. However, there might be some pullback before that happens. Overall, Curve is showing strong bullish momentum, and investors should keep an eye on these key price levels.
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🧵 Thread: Technical analysis of #Curve $CRV 📊
1/ Curve (CRV) has shown a significant rally, reaching a recent high of $1.21 before entering a consolidation phase. We analyze its next key levels in the short and medium term. 👇
2/ Key supports and resistances:
- Main support: $1.00, psychological level and key moving average.
- Immediate resistance: $1.21, the recent high that defines the barrier to break to continue the bullish momentum. 📈
3/ Technical indicators:
The RSI (69) indicates that CRV is close to overbought, which could lead to a correction.
The Bollinger Bands show high volatility and a possible consolidation before a stronger move. ⚠️
4/ Bullish scenario:
If it breaks $1.21, the targets would be:
$1.30-$1.32: Next technical level.
$1.40: Extension in case of strong momentum.
In the medium term, CRV could target $1.50-$1.60 or even $2.00 if market conditions are favorable. 🚀
5/ Bearish scenario:
A loss of the support at $1.00 could take the price to:
$0.88-$0.90: Key support zone.
$0.75-$0.80: Base of the recent rally in case of a deeper correction. 🔻
CRV is at a key moment after a strong rally. Support at $1.00 and resistance at $1.21 will be decisive levels for its next move. 📉📈
What do you think about the future of CRV? 💭
#CryptoTrading #DEFİ #Curve #BecomeCreator
1/ Curve (CRV) has shown a significant rally, reaching a recent high of $1.21 before entering a consolidation phase. We analyze its next key levels in the short and medium term. 👇
2/ Key supports and resistances:
- Main support: $1.00, psychological level and key moving average.
- Immediate resistance: $1.21, the recent high that defines the barrier to break to continue the bullish momentum. 📈
3/ Technical indicators:
The RSI (69) indicates that CRV is close to overbought, which could lead to a correction.
The Bollinger Bands show high volatility and a possible consolidation before a stronger move. ⚠️
4/ Bullish scenario:
If it breaks $1.21, the targets would be:
$1.30-$1.32: Next technical level.
$1.40: Extension in case of strong momentum.
In the medium term, CRV could target $1.50-$1.60 or even $2.00 if market conditions are favorable. 🚀
5/ Bearish scenario:
A loss of the support at $1.00 could take the price to:
$0.88-$0.90: Key support zone.
$0.75-$0.80: Base of the recent rally in case of a deeper correction. 🔻
CRV is at a key moment after a strong rally. Support at $1.00 and resistance at $1.21 will be decisive levels for its next move. 📉📈
What do you think about the future of CRV? 💭
#CryptoTrading #DEFİ #Curve #BecomeCreator
🚨💥$CRV /USDT 🚀 Curve's Bullish Breakout! 📈💥🚨
Overview:
Curve ($CRV ) is currently on a bullish streak, surging by a massive +18.64% in the past 24 hours. 🔥 The chart is painting a picture of strong bullish momentum, with the price action forming higher highs and higher lows.
Trade Scenarios
* Bullish Scenario: If the price breaks above the $0.6666 resistance level, it could trigger a further rally towards the $0.7362 level. 🚀
* Entry: $0.6666 🟢
* Stop Loss: $0.5861 🔴
* Take Profit: $0.7362 🎯
* Bearish Scenario: A dip below the $0.5861 support level could indicate a potential reversal. 📉 However, the overall trend remains bullish.
Market Outlook
Given the strong bullish momentum and the positive price action, $CRV is likely to continue its upward trend in the short term. 📈 Traders should keep an eye on the MACD indicator for potential divergences that could signal a reversal.
#CRV #USDT #Curve #Cryptocurrency
Overview:
Curve ($CRV ) is currently on a bullish streak, surging by a massive +18.64% in the past 24 hours. 🔥 The chart is painting a picture of strong bullish momentum, with the price action forming higher highs and higher lows.
Trade Scenarios
* Bullish Scenario: If the price breaks above the $0.6666 resistance level, it could trigger a further rally towards the $0.7362 level. 🚀
* Entry: $0.6666 🟢
* Stop Loss: $0.5861 🔴
* Take Profit: $0.7362 🎯
* Bearish Scenario: A dip below the $0.5861 support level could indicate a potential reversal. 📉 However, the overall trend remains bullish.
Market Outlook
Given the strong bullish momentum and the positive price action, $CRV is likely to continue its upward trend in the short term. 📈 Traders should keep an eye on the MACD indicator for potential divergences that could signal a reversal.
#CRV #USDT #Curve #Cryptocurrency
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In a cryptocurrency market where calm is the norm, one token has emerged as a ray of hope: CRV, the hidden treasure of Curve.Fi DAO. In just seven days, this asset has seen a meteoric rise of 18.47%, defying expectations and leaving everyone amazed.
From its modest beginning at $0.43 per token, #CRV has risen majestically to reach $0.52, like a phoenix rising from the ashes. Curve, the heart of this story, is a decentralized stablecoin sanctuary that has captured the hearts of investors with its automated market maker.
Since its birth in January 2020, #Curve has become an icon of decentralized finance, forging its path in the second half of 2020 with dazzling growth. Today, it is positioned as the leader of the pack, ranking 71st in the CoinMarketCap ranking and boasting a market capitalization of $454,487,079 in real time.
In contrast, Immutable's IMX token has experienced a different chapter, with a decrease of 12.72% in seven days. Starting from 0.65 dollars per unit, it has landed at a value of 0.58 dollars. Immutable, for its part, is a layer 2 gem for non-fungible tokens on Ethereum, an answer to the challenges facing the Ethereum mainnet.
The story becomes even more intriguing with the introduction of Immutable's STARK zk-rollups technology, which promises massive scalability and zero gas fees for NFT lovers. This is allowing projects like Gods Unchained, led by Chris Clay, to create a metasystem unimaginable until now.
Immutable is set to forge a world of possibilities for users and developers alike, and its current ranking of 49th on CoinMarketCap, with a market capitalization of $674,089,252, supports its ambition to lead the NFT revolution.
DYOR and like for more!
$CRV
From its modest beginning at $0.43 per token, #CRV has risen majestically to reach $0.52, like a phoenix rising from the ashes. Curve, the heart of this story, is a decentralized stablecoin sanctuary that has captured the hearts of investors with its automated market maker.
Since its birth in January 2020, #Curve has become an icon of decentralized finance, forging its path in the second half of 2020 with dazzling growth. Today, it is positioned as the leader of the pack, ranking 71st in the CoinMarketCap ranking and boasting a market capitalization of $454,487,079 in real time.
In contrast, Immutable's IMX token has experienced a different chapter, with a decrease of 12.72% in seven days. Starting from 0.65 dollars per unit, it has landed at a value of 0.58 dollars. Immutable, for its part, is a layer 2 gem for non-fungible tokens on Ethereum, an answer to the challenges facing the Ethereum mainnet.
The story becomes even more intriguing with the introduction of Immutable's STARK zk-rollups technology, which promises massive scalability and zero gas fees for NFT lovers. This is allowing projects like Gods Unchained, led by Chris Clay, to create a metasystem unimaginable until now.
Immutable is set to forge a world of possibilities for users and developers alike, and its current ranking of 49th on CoinMarketCap, with a market capitalization of $674,089,252, supports its ambition to lead the NFT revolution.
DYOR and like for more!
$CRV
1. **#Binance Labs Investment in Curve DAO Token:** Binance Labs, the venture capital and incubation arm of Binance, has committed a $5 million investment in Curve DAO Token (CRV), the native token of Curve's Ethereum-based ecosystem. This investment is aimed at expanding the DeFi ecosystem and fostering strategic partnerships.
2. **Curve's Importance in DeFi:** #Curve is a prominent decentralized exchange (DEX) and stableswap protocol, boasting significant figures such as $2.4 billion in total value locked ( #TVL ) and $215 million in daily volume. CRV, the utility #token of Curve, serves roles in stablecoin and ERC-20 token exchange, staking, boosting, and governance voting.
3. **Collaboration and #BNB Chain Integration:** Yi He, Binance Co-Founder and Head of Binance Labs, highlighted support for Curve and the DeFi sector, emphasizing collaboration. A strategic partnership will explore the deployment of Curve on BNB Chain, contributing to the growth of DeFi on Binance's platform. This move aligns with BNB Chain's DeFi focus and Curve's attributes of liquidity, low slippage, and cost-effective transactions.
$BNB $CRV $BTC
2. **Curve's Importance in DeFi:** #Curve is a prominent decentralized exchange (DEX) and stableswap protocol, boasting significant figures such as $2.4 billion in total value locked ( #TVL ) and $215 million in daily volume. CRV, the utility #token of Curve, serves roles in stablecoin and ERC-20 token exchange, staking, boosting, and governance voting.
3. **Collaboration and #BNB Chain Integration:** Yi He, Binance Co-Founder and Head of Binance Labs, highlighted support for Curve and the DeFi sector, emphasizing collaboration. A strategic partnership will explore the deployment of Curve on BNB Chain, contributing to the growth of DeFi on Binance's platform. This move aligns with BNB Chain's DeFi focus and Curve's attributes of liquidity, low slippage, and cost-effective transactions.
$BNB $CRV $BTC
Curve's Native Stablecoin CrvUSD Reaches Record High of 135 Million
According to Foresight News, Curve's native stablecoin, crvUSD, has reached a record high with a total issuance of 135 million. The collateral value based on wstETH is $91.75 million, while the collateral value based on WBTC is $92.69 million. Additionally, the collateral value based on sfrxETH is approximately $16.53 million, and the collateral value based on ETH is $20.81 million.
Whale Alert Monitors Transfer of 10.2 Million FRAX Tokens
According to Foresight News, Whale Alert has detected a transfer of approximately 10.2 million FRAX tokens (worth around $9.99 million) from Curve to Frax.
Whale Alert is a monitoring tool that tracks large cryptocurrency transactions and provides real-time updates on significant transfers. In this case, the substantial amount of FRAX tokens was moved from the Curve platform to the Frax project.
FRAX is a stablecoin that aims to maintain a stable value by being partially collateralized and partially algorithmic. The transfer of such a significant amount of tokens could potentially impact the market and is noteworthy for investors and traders in the cryptocurrency space.
Whale Alert is a monitoring tool that tracks large cryptocurrency transactions and provides real-time updates on significant transfers. In this case, the substantial amount of FRAX tokens was moved from the Curve platform to the Frax project.
FRAX is a stablecoin that aims to maintain a stable value by being partially collateralized and partially algorithmic. The transfer of such a significant amount of tokens could potentially impact the market and is noteworthy for investors and traders in the cryptocurrency space.
$CRV is bullish, approaching support.
Price remains in a downtrend, however, there are improvements. It had a bullish breakout from Falling Wedge pattern and reached our target of $0.36 for a +40% gain.
It also made a Higher High, which is a positive sign of potential bullish trend reversal. Now we look for the right entry opportunity. We wait for price to pull back near $0.22 support for another swing trade entry with +50% upside potential back to $0.36.
Full #Curve analysis find on #altFINS
Price remains in a downtrend, however, there are improvements. It had a bullish breakout from Falling Wedge pattern and reached our target of $0.36 for a +40% gain.
It also made a Higher High, which is a positive sign of potential bullish trend reversal. Now we look for the right entry opportunity. We wait for price to pull back near $0.22 support for another swing trade entry with +50% upside potential back to $0.36.
Full #Curve analysis find on #altFINS
🚀 Big News in DeFi! 🚀
ABC Labs is diving deep with a $2.2 million investment in the Curve ecosystem! This strategic move includes acquiring 6.46 million sdCRV and locking 923,000 SDT in a four-year voting escrow, securing top governance power within Curve DAO.
As part of their $20 million commitment, the focus now shifts to supercharging RToken liquidity, especially on Arbitrum. With $25 million already in the RToken pool, this investment aims to elevate liquidity and governance across both Ethereum and Layer 2 networks.
Get ready for some exciting developments ahead! 🌐💸
#Curve #DeFi #CryptoNews
ABC Labs is diving deep with a $2.2 million investment in the Curve ecosystem! This strategic move includes acquiring 6.46 million sdCRV and locking 923,000 SDT in a four-year voting escrow, securing top governance power within Curve DAO.
As part of their $20 million commitment, the focus now shifts to supercharging RToken liquidity, especially on Arbitrum. With $25 million already in the RToken pool, this investment aims to elevate liquidity and governance across both Ethereum and Layer 2 networks.
Get ready for some exciting developments ahead! 🌐💸
#Curve #DeFi #CryptoNews
TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME
#Uniswap - $9.0B
#PancakeSwap - $1.3B
#Dodo - $1.1B
#Curve - $1.0B
Trader Joe - $688.2M
MetaTdex - $393.3M
SushiSwap - $368.2M
Balancer - $329.4M
ZyberSwap - $326.3M
#Uniswap - $9.0B
#PancakeSwap - $1.3B
#Dodo - $1.1B
#Curve - $1.0B
Trader Joe - $688.2M
MetaTdex - $393.3M
SushiSwap - $368.2M
Balancer - $329.4M
ZyberSwap - $326.3M
Top 3 Decentralized Exchanges You Should Know in 2024
As decentralized finance (DeFi) continues to grow, decentralized exchanges (DEXs) are becoming an essential part of the crypto ecosystem. Unlike centralized exchanges (CEXs), where a third party manages user funds, DEXs allow peer-to-peer trading without relying on intermediaries. This gives users more control, privacy, and often lower fees. With so many DEXs emerging, it’s important to know which platforms stand out. Here are the top 3 decentralized exchanges you should be watching in 2024.
Uniswap: The Pioneer of DEXs
Uniswap remains one of the most well-known and widely used DEXs in the world. Built on Ethereum, it operates as an automated market maker (AMM), which means it allows users to trade tokens directly from liquidity pools, bypassing traditional order books. Uniswap has played a huge role in enabling easy access to tokens on Ethereum and has become a cornerstone of the DeFi ecosystem.
One of Uniswap's strengths is its simple interface and ability to list almost any Ethereum-based token. As the platform continues to evolve, it's expanding into cross-chain functionality, allowing more tokens from other networks to be traded. This opens up new possibilities, especially as more blockchains look for interoperability with Ethereum.
Looking ahead to 2024, Uniswap’s ongoing upgrades, including Uniswap v4, are set to improve transaction efficiency and reduce gas fees, making it more accessible for both new and experienced users. With its established reputation and continued development, Uniswap is expected to remain a top choice for decentralized trading in the future.
Curve Finance: A DeFi Giant for Stablecoins
Curve Finance specializes in stablecoin trading and is built for users looking for low slippage and high liquidity. What makes Curve unique is its focus on assets that are pegged to the same value (e.g., stablecoins like USDT, USDC, or DAI). By doing this, Curve ensures that users can swap large amounts of stablecoins with minimal price impact.
Curve’s popularity has exploded thanks to its liquidity pools, which offer competitive yields for liquidity providers. Users can stake their tokens in these pools and earn rewards while enabling efficient stablecoin swaps. Additionally, Curve's governance token, CRV, plays an essential role in the protocol, allowing users to vote on decisions that affect the platform's future development.
Looking forward to 2024, Curve is expected to strengthen its position as the go-to DEX for stablecoin trading, especially as the demand for stablecoins continues to rise. As more institutions and retail investors enter the DeFi space, Curve’s deep liquidity and low slippage will keep it at the forefront of stablecoin trading.
PancakeSwap: Leading the Way on BNB Chain
PancakeSwap is the leading DEX on BNB Chain (formerly Binance Smart Chain), offering fast transactions with low fees compared to Ethereum-based platforms. Like Uniswap, PancakeSwap operates as an AMM, but it distinguishes itself by focusing on the BNB Chain ecosystem, which has grown significantly in recent years.
PancakeSwap offers a variety of features beyond simple token swaps, including yield farming, staking, and even NFT marketplaces. The platform's native token, CAKE, is used for governance, staking, and liquidity mining, making it a versatile token within the ecosystem.
PancakeSwap’s integration with Binance and its focus on expanding its suite of services give it a strong competitive edge. In 2024, PancakeSwap is expected to continue its dominance on BNB Chain, offering users low-cost trading, high rewards, and new features that appeal to the growing BNB Chain ecosystem. Its ability to innovate and integrate with new technologies will likely fuel its growth in the coming year.
Final Thoughts
As the DeFi space continues to evolve, decentralized exchanges will play an increasingly important role in how we trade and manage digital assets. Each of these DEXs—Uniswap, Curve Finance, and PancakeSwap—offers unique advantages and features that cater to different segments of the market. Whether you’re looking for broad token availability, stablecoin efficiency, or fast, low-fee trading on BNB Chain, these platforms should be on your radar in 2024.
Have you tried any of these DEXs? What’s your experience, and do you have any tips for maximizing gains while using them? Share your thoughts and strategies in the comments below!
Don’t forget to follow me for more updates on DeFi projects and crypto trading tips.
#Uniswap #Curve #PancakeSwap #DEX #crypto
Uniswap: The Pioneer of DEXs
Uniswap remains one of the most well-known and widely used DEXs in the world. Built on Ethereum, it operates as an automated market maker (AMM), which means it allows users to trade tokens directly from liquidity pools, bypassing traditional order books. Uniswap has played a huge role in enabling easy access to tokens on Ethereum and has become a cornerstone of the DeFi ecosystem.
One of Uniswap's strengths is its simple interface and ability to list almost any Ethereum-based token. As the platform continues to evolve, it's expanding into cross-chain functionality, allowing more tokens from other networks to be traded. This opens up new possibilities, especially as more blockchains look for interoperability with Ethereum.
Looking ahead to 2024, Uniswap’s ongoing upgrades, including Uniswap v4, are set to improve transaction efficiency and reduce gas fees, making it more accessible for both new and experienced users. With its established reputation and continued development, Uniswap is expected to remain a top choice for decentralized trading in the future.
Curve Finance: A DeFi Giant for Stablecoins
Curve Finance specializes in stablecoin trading and is built for users looking for low slippage and high liquidity. What makes Curve unique is its focus on assets that are pegged to the same value (e.g., stablecoins like USDT, USDC, or DAI). By doing this, Curve ensures that users can swap large amounts of stablecoins with minimal price impact.
Curve’s popularity has exploded thanks to its liquidity pools, which offer competitive yields for liquidity providers. Users can stake their tokens in these pools and earn rewards while enabling efficient stablecoin swaps. Additionally, Curve's governance token, CRV, plays an essential role in the protocol, allowing users to vote on decisions that affect the platform's future development.
Looking forward to 2024, Curve is expected to strengthen its position as the go-to DEX for stablecoin trading, especially as the demand for stablecoins continues to rise. As more institutions and retail investors enter the DeFi space, Curve’s deep liquidity and low slippage will keep it at the forefront of stablecoin trading.
PancakeSwap: Leading the Way on BNB Chain
PancakeSwap is the leading DEX on BNB Chain (formerly Binance Smart Chain), offering fast transactions with low fees compared to Ethereum-based platforms. Like Uniswap, PancakeSwap operates as an AMM, but it distinguishes itself by focusing on the BNB Chain ecosystem, which has grown significantly in recent years.
PancakeSwap offers a variety of features beyond simple token swaps, including yield farming, staking, and even NFT marketplaces. The platform's native token, CAKE, is used for governance, staking, and liquidity mining, making it a versatile token within the ecosystem.
PancakeSwap’s integration with Binance and its focus on expanding its suite of services give it a strong competitive edge. In 2024, PancakeSwap is expected to continue its dominance on BNB Chain, offering users low-cost trading, high rewards, and new features that appeal to the growing BNB Chain ecosystem. Its ability to innovate and integrate with new technologies will likely fuel its growth in the coming year.
Final Thoughts
As the DeFi space continues to evolve, decentralized exchanges will play an increasingly important role in how we trade and manage digital assets. Each of these DEXs—Uniswap, Curve Finance, and PancakeSwap—offers unique advantages and features that cater to different segments of the market. Whether you’re looking for broad token availability, stablecoin efficiency, or fast, low-fee trading on BNB Chain, these platforms should be on your radar in 2024.
Have you tried any of these DEXs? What’s your experience, and do you have any tips for maximizing gains while using them? Share your thoughts and strategies in the comments below!
Don’t forget to follow me for more updates on DeFi projects and crypto trading tips.
#Uniswap #Curve #PancakeSwap #DEX #crypto
TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME
#Uniswap #Pancakeswap #Orca #Thorchain #Raydium #Curve #TraderJoe #DODO #Maverick
#Uniswap #Pancakeswap #Orca #Thorchain #Raydium #Curve #TraderJoe #DODO #Maverick