Judging from the current market situation, the overall market has entered a short-term sideways state, and the overall market will be in the range of 64000-66500. Ethereum's performance is not very good compared to the overall market, and it will be in the range of 2580-2720 in the short term. The trend of Sol is still okay, and it will be in the range of 150-163 in the short term.
Last night the market broke through 65,000 and went straight to 66,000. This is consistent with what I said before that after breaking through 65,000, many short positions will be liquidated, and there is a chance that it will go to 66,000.
Next, we will focus on whether the market can stabilize around 65,000. Personally, I think it can stabilize around 65,000. After all, the overall market trend is still strong and the upward trend has not changed.
The bull market is about to take off and these 4 altcoins will explode 10-100 times, they are worth ambush!
1.ZRO
LayerZero is an innovative interoperability protocol that connects over 50 blockchains. The network enables developers to build seamless full-chain applications, tokens, and experiences. The protocol operates through immutable on-chain endpoints, a configurable security stack, and a set of permissionless executors. The framework enables censorship-free message transmission between different blockchain networks, providing a more connected and decentralized ecosystem.
At press time, LayerZero is trading at $4,704 with a market cap of $5.01 million. Its trading volume has reached $10,100 in the past 24 hours, with an increase of 18.18% in trading volume. The current circulating supply is 1.03 million ZRO coins, which accounts for 100% of its total supply. In addition, the platform has processed 121.74K transactions and the volatility index is 0.3713. Although market liquidity remains at a modest level of $27,000, the project is showing signs of resilience.
Regarding the price prediction, LayerZero is expected to see steady growth soon. By September 30, 2024, the ZRO price could climb to $5.79, a gain of 20.59%. The next week’s forecast suggests that the token could trade in the range of $5.79 to $7.01, with the upper price target indicating a 21.13% gain by October 7, 2024.
In summary, although the protocol is still developing, LayerZero shows strong growth potential. Its bullish market outlook is supported by increasingly active and positive technical indicators. However, market volatility may still affect its trajectory.
2. EVEN
Celo is a carbon-negative, permissionless blockchain that emphasizes sustainability and inclusion in the financial system. It has developed a diverse ecosystem with global partners who are leveraging the network to create Web3 dApps designed to provide broader access to financial services. This focus on accessibility makes it an attractive platform for developers seeking to build applications that promote financial inclusion.
Celo’s adoption has increased significantly this year, especially among major stablecoin operators. Increased usage is reflected in its market performance. Celo’s price has increased by 3.24% in the past 24 hours to reach $0.6493. Transaction volume also rose significantly, up 80% to $209 million.
The recent price surge came after comments from Ethereum co-founder Vitalik Buterin, who praised Celo’s performance. Buterin acknowledged that Celo has surpassed Tron in the number of daily active addresses of stablecoins in a post on Platform X on September 25, 2024. He based his comments on data from Artemis.xyz, which showed that Celo was ahead of Tron in stablecoin usage in September 2024.
Meanwhile, the CELO token is currently trading above its 50-day and 200-day simple moving averages. This trend is generally considered a bullish sign, indicating positive momentum. Celo is positioned as a blockchain focused on sustainability and financial inclusion, with increasing adoption and positive market trends.
3.APE
ApeCoin has recently attracted attention mainly due to its plans to launch ApeChain, a second-layer network designed to facilitate the development of decentralized applications (dApps). The platform aims to simplify the creation and distribution of digital content, tools, and services. Its goal is to provide developers with a more accessible platform to build decentralized applications while improving the user experience and onboarding process.
In addition, ApeCoin also features Reboot Protocol and Native Yield, which the project claims will make dApp development simpler and potentially more profitable. These tools are expected to optimize the way developers create applications by integrating yield-generating mechanisms directly into the platform, reducing complexity and increasing potential earnings.
From a market perspective, ApeCoin is currently trading at $0.8446, having gained 1.67% in the past 24 hours. ApeCoin has shown a bullish trend over the past week, reaching as high as $0.89, its highest level since August. Additionally, ApeCoin has been trending up 15 out of the past 30 days, showing a positive momentum of 50%.
ApeChain's upcoming launch and strategic partnerships with leading companies are expected to enhance the platform's usability, further boosting its adoption. The APE token's focus on web3, its broad application potential, and its integration of innovative tools make it one of the most worthy cryptocurrencies to invest in today.
4.1INCH
1inch Network has launched a major upgrade designed to enhance the user experience when exchanging crypto assets. The new feature allows users to swap cryptocurrencies across multiple blockchain networks without losing control of their tokens and maintaining full self-custody throughout the process. By integrating on-chain and off-chain liquidity, the network aims to provide users with more convenient and secure exchanges.
Additionally, the system has built-in protection against maximum extractable value (MEV) attacks, which is a concern about miners exploiting transaction ordering for profit. The upgraded version, called Fusion+, utilizes atomic swap technology. Its technology ensures that cross-chain transactions can be carried out securely without the need for intermediaries, thus solving the risks traditionally associated with cross-chain bridges.
Fusion+ aims to provide users with a seamless experience by maintaining a trustless environment and improving exchange efficiency. As of the latest data, the 1inch token price was $0.299, up 1.23% in intraday trading.
Over the past year, the price has increased by 11%, and the token has experienced 16 positive trading days in the past 30 days, indicating a 53% probability of upside. 1inch Network continues to enhance its platform by focusing on security, user autonomy, and cross-chain functionality, positioning itself as a reliable option for decentralized token exchange.
