Crypto market nears record high as experts make 2024 predictions.

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Bitcoin is once again on the ascendency, rising more than 20 per cent over the last week to take it close to its all-time high.

Reaching above $63,000 on Thursday, the world’s leading cryptocurrency is now less than $6,000 away from the record price it hit in November 2021.

Other leading cryptocurrencies, including Ethereum (ETH), Cardano (ADA), Solana (SOL) and Dogecoin (DOGE) have also experienced huge gains in recent days, pushing the overall crypto market cap above $2.3 trillion.

Some market analysts predict that a new record high for the world’s leading cryptocurrency is imminent, while others warn that a significant correction may follow the latest price surge.

$BTC $ETH $BNB

Litecoin (LTC)
Issue Date and Issue Date Price
$4,31(10/08/2011)
Price now $70.30(02/25/2024)
All time high $412.96 (05/10/2021)
All time low $1.11 (01/15/2015)
Circulation Supply-74.24M LTC
Max Supply-84M LTC
Introduction
General Data and Information
The Litecoin software was released on the 7th October 2011 by Charlie Lee, with the network going live roughly a week later on the 13th of October 2011As a fork of Bitcoin Core, Litecoin featured several improvements upon the original Bitcoin protocol including reduced blocktimes (decreased to 2.5 minutes instead of 10 minutes), increased total supply and a different proof of work algorithm(scrypt vs SHA-256)The adoption of a faster blocktime meant that transactions were quicker to settle and be written into the blockchain, whilst the adoption of the memory intensive scrypt algorithm was intended to defeat the ASIC dominance of mining (due to the added financial costs of producing specialized mining machines with the required extra memory).However, due to the popularity of Litecoin, ASICs have been already developed and deployed that are able to mine the scrypt algorithm.Often considered to be the silver to Bitcoin’s gold status, improvements and upgrades are often rolled out to the Litecoin network before they reach the Bitcoin network (such as the SegWit and Lightning Network upgrades).This practice has also led to some people derisively calling Litecoin the test-network for Bitcoin.(Milestones)
7th October 2011Open Source software for Litecoin released. 13th October 2011Litecoin network goes live. May 2017 Segregated Witness (SegWit) implemented. First Lightning Network transaction completed on the Litecoin network.UtilityLitecoin serves a similar use-case function as Bitcoin, attempting to be a digital store of value and medium of exchange but with the advantage of faster block times(which makes transactions faster to settle).In addition(due to lower network usage), it has lower transaction fees than the better known flagship crypto-currency. #Write2Earn #TrendingTopic #TrendingToEarn #tredNtell #cryptoboy8888

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Polkadot (DOT)
Issue Date and Issue Date Price
$2.89 (05/26/2020)
Price now $7.61 (02/24/2024)
All time high-$55 (04/11/2021)
All time low-$2.69(08/20/2020)
Circulation Supply -1.28 B dot
Total Supply -1.41 B dot
Rank no -13 (The rating may change in the future)
Introduction

Polkadot is a sharded network for cross-chain communication and interoperability, connecting multiple blockchains into one unified network.

specialty

Polkadot is a blockchain platform that aims to enable different blockchains to interoperate and share information. It uses a unique multi-chain architecture to achieve scalability, security, and innovation in the blockchain space.

Polkadot's specialty lies in its ability to facilitate interoperability between different blockchains, known as parachains, within its network. It also features a unique governance model and a sophisticated consensus mechanism called Nominated Proof-of-Stake (NPoS), which enhances security and scalability. Additionally, Polkadot's design allows for easy upgrades and improvements, fostering a dynamic ecosystem of interconnected blockchains

Polkadot is actually a high-performance blockchain technology that aims to enable a completely decentralized web where users are in control of their own data. It's designed to provide scalability, interoperability, and security for decentralized applications and services. It's a really exciting project that's gaining a lot of attention in the blockchain space!#Write2Earn #TrendingToEarn #TrendeNell #tredNtell #cryptoboy8888

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Cardano Price Analysis: ADA’s Bullish Surge Continues Amid Crypto Rally

*Cardano has been on an impressive upward trajectory over the past few months, showcasing a robust bullish trend in the cryptocurrency market. Since February, the value of ADA has seen a noteworthy increase, emphasizing the cryptocurrency’s strong growth path. Currently, Cardano’s price is observed at $0.7343, experiencing a modest decline of just over 0.16% within 24 hours.  

Despite a strong start in March, Cardano’s momentum has seen a slight deceleration in recent days. There is a looming threat of a correction that might erase a significant portion of its recent gains. Throughout the past week, ADA’s price fluctuation between $0.65 and $0.78 illustrates an ascending pattern, culminating in a surge of more than 10%.  

The broader cryptocurrency market is witnessing a notable rally, with Bitcoin (BTC) trading above $66,000 in anticipation of the upcoming Bitcoin halving event. Similarly, Ethereum has broken past the $3,900 mark. These movements have provided additional momentum to other digital currencies, including Cardano.  

Cardano maintains its status among the top ten cryptocurrencies, with a market capitalization of $26 billion. However, ADA’s trading volume has seen a decrease of more than 10% in the last 24 hours, totaling $808 million. The circulating supply of ADA coins stands at 35,490,376,377, with a maximum supply cap of 45,000,000,000 ADA coins.  

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ENTRY = 39.093
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TP = 39.344

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Fil breakout of it's daily time frame downward trendline,and then in touched back down to retaste it(so it seem like)if it does not continue below $7.55,this may be the start of reversel to the upside.so my previous prediction would be invalid #FILUSDT #Write2Eam #TrendingTopic #TrendingTopic #tredNtell

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164.67%

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😎LONG : 459.73 - 441.62

💻Leverage : 5x - 10x

🚀 465.24
🚀 478.54
🚀 492.41
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⛔ STOP LOSS: 433.13

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Polygon (Matic)
Issue Date and Issue Date Price
$0.0026 (04/25/2019)
Price now$0.97 (02/26/2024)
All Time High $2.92 (12/27/2021)
All Time Low $0.0030 (05/10/2019)
Circulation Supply-9.62B MATIC
Max Supply-10B MATIC
Rank no.14 (The rating may change in the future)

Introduction

Polygon is a layer-2 scaling platform that enables fast and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contracts.

Some of its key features include:

Scalability: fast, low-cost and secure transactions on Polygon sidechains with finality achieved on mainchain and Ethereum as the first compatible Layer 1 basechain

High throughput: achieved up to 7,000 TPS on a single sidechain on internal testnet; Multiple chains to be added for horizontal scaling

User experience: smooth UX and developer abstraction from mainchain to Polygon chain; native mobile apps and SDK with WalletConnect support

Security: Polygon chain operators are themselves stakers in the PoS system

Public sidechains: Matic sidechains are public in nature (vs. individual dApp chains), permissionless and capable of supporting multiple protocols

specialty

Polygon, formerly known as Matic Network, is a protocol and framework for building and connecting Ethereum-compatible blockchain networks. Its specialty lies in providing scaling solutions for Ethereum, addressing issues such as high fees and slow transaction times. Polygon achieves this through a combination of sidechains, Plasma chains, and other scaling solutions, allowing for faster and cheaper transactions while maintaining compatibility with the Ethereum network. Additionally, Polygon offers a variety of tools, including its SDK (Software Development Kit) and APIs (Application Programming Interfaces), to make it easier for developers to create and deploy decentralized applications (dApps) on its network. Overall, Polygon specializes in improving the scalability and usability of Ethereum-based blockchain applications.#Write2Earn #TrendingTopic #TrendingToEarn #tredNtell #cryptoboy8888

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entry - 5530
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Most financial experts recommend limiting crypto exposure to less than 5% of your total portfolio. Crypto is considered a high-risk asset class. Limiting allocation helps manage overall volatility and risk. Those new to crypto investing may start with 1% to 2% as an introduction.
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Coin pair  -   RNDR Signal type  -  LONG 
leverage  -   10×
Entry  -  7.4131
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Stop loss  -  7.0429

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