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Will Toncoin (TON) rise? One of the most successful altcoins of 2024, Toncoin (TON), created a major trend with a parabolic price rally. The trend ended with the arrest of Telegram CEO Pavel Durov in France. CryptoQuant analyst JA Maartun hinted that the price volatility in TON will end and the price will start a parabolic rise again. The analyst stated that the trading activity in Toncoin has decreased and the indicators point to the low-risk area. TON, which rose from $ 2 to $ 8, fell to $ 5.27 with the end of the bull run. The analysis included the following statements; “More cautious investors may start to like TON, accompanied by the intense whale activity in the last few months. If the trend plays out as predicted, TON may see a major increase in price. This scenario could see the altcoin return to its all-time highs.” The Toncoin blockchain, where decentralized applications (dApps) have increased, has recently come to the fore. Crypto projects such as $DOGS , CATS and $HMSTR have increased network activity on Toncoin. Toncoin, which hosts the Touch-to-Earn (T2E) craze, is expected to attract more users in the coming days. Experts predict that the network activity on the blockchain will keep TON strong. UToday, which expects an increase in the TON price, noted the following in its analysis: “In general, Toncoin has the potential for further price increases and appreciation. The $TON price may soon reach its all-time high.” TON, which has touched a significant resistance point, may continue its rise if it exceeds the $ 5.3 level. When the price chart is evaluated, it can be expected that the price will reach $ 5.45 in a short time if the $ 5.3 resistance is exceeded. One of the biggest resistance points in front of TON may be $ 5.55. #CryptoDeNostradame #ParrotBambooCrypto

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Polygon (POL) gave hope with its bull flag! Polygon (POL) excited its investors with its technical structure despite the downward trend in recent days. As of the writing of the news, $POL is trading at $ 0.3682 with a market value of over $ 2.8 billion. Due to the price decline that has been going on for a while, most investors have been at a loss. Only 10,300 POL addresses are in profit, which makes up a little more than 1 percent of total investors. However, the bullish formation formed on the $POL chart has started to give hope for an increase. While POL's supply on exchanges has decreased, its supply outside of exchanges has increased. According to the data in question, buying pressure has increased. POL, which changed hands at $ 0.360 as of the writing of the news, is counting the days to the breakout. A sharp pricing can be expected depending on the direction of the breakout of the triangle structure. Considering that Bitcoin has exceeded $ 65,000, the breakout in the popular altcoin can be expected to be upward. In such a scenario, the $0.50 region can be targeted first. The increase in Bitcoin dominance, ETH's failure to exceed $2500, or negative news from the Polygon ecosystem will naturally pull the price down. In such a scenario, a reaction can first be expected from the lower band of the triangle ($0.30). Afterwards, the $0.25 and $0.20 levels can be followed as support. In addition to these, it will be useful to monitor onchain data. An increasing number of profitable addresses may indicate that the parity is in a bullish trend. An increase in the number of losing addresses will mean that the price has not been able to break the selling pressure. #CryptoDeNostradame #ParrotBambooCrypto

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Ethena (ENA) bullish: First BlackRock, now Solana Ethena (ENA), which joined BlackRock's BUIDL fund in previous weeks, has now set its sights on Solana (SOL). Ethena (ENA), which was launched on the Ethereum blockchain, continues its rise with remarkable moves. Decentralized finance (DeFi) project Ethena has taken critical steps for its stablecoin product USDe. Ethena had previously announced that it would create a stablecoin backed by BlackRock's real-world assets (RWA) fund BUIDL. The stablecoin in question will also form the collateral for USDe. Ethena preferred Solana to support USDe after the BlackRock fund. According to the statements, SOL will be purchased to provide collateral for USDe. The Ethena team proposed the idea of supporting USDe with SOL. Following these developments, ENA has increased by nearly 20 percent in the last 24 hours. Ethena Labs, the team behind ENA, has proposed purchasing Solana (SOL) as collateral for USDe. The proposal is expected to be accepted by the community. If the proposal is approved, Ethena's collateral will be BTC, ETH and SOL. The collateral that will form the treasury of the synthetic stablecoin USDe will provide risk management. The Ethena Risk Committee, which works independently of Ethena Labs, will evaluate the proposal. The proposal will gradually integrate $SOL as a collateral asset for USDe. The company's initial goal is to hold a SOL position of $100 to $200 million. The proposal also includes the use of liquid staking tokens such as BNSOL and bbSOL. The steps Ethena has taken to strengthen USDe have been reflected in the project's native token, ENA. The ENA price has increased by nearly 50 percent since October 11. ENA, one of the five altcoins that rose the most today, formed a cup-handle formation on the four-hour price chart. While the handle phase of the formation is complete, analysts have stated that the increases will continue. $ENA is expected to increase to $0.5. #CryptoDeNostradame #ParrotBambooCrypto

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Elon Musk rocketed: SPACEX increased by nearly 6000 percent! Elon Musk's space technology company SpaceX has increased by 5824 percent in a token. After SpaceX's recent Starship test launch, many cryptocurrencies named SPACEX have seen a sharp increase. A token named SPACEX on PancakeSwap attracted attention by increasing by 5824 percent in just 24 hours. The token's market value is currently at $80,800 and is trading at $0.012192. The prices of cryptocurrencies named SpaceX and StarShip have increased since the launch of the company's latest mega rocket, Starship, on October 14. Starship completed its test flight on October 13. According to CoinMarketCap data, the price of the PancakeSwap-listed token has increased by 5824 percent in the last 24 hours of trading. Another token on Solana, which shares the same name, has performed 216 percent in the last 24 hours, as reported by CoinMarketCap. The token has since fallen significantly, losing 80 percent in value in a short period of time. In terms of market value, it has fallen to $16,000. The tokens that have fallen since the news has worn off have disappointed some memecoin hunters. According to CoinGecko, the price of an NFT game token that shares the same name as the company’s recently launched megarocket StarShip has increased by 0.9 percent since the launch. StarShip has a market value of $404,251 and is currently priced at $0.0215. #CryptoDeNostradame #ParrotBambooCrypto

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Bitcoin soared, these altcoins got excited: Bullish signals! Macroeconomic developments from China pushed the Bitcoin price to $65,000, while many altcoins saw striking increases. The cryptocurrency market had a sensational start to the week. Bitcoin (BTC), which was activated by China's announcement of economic incentives over the weekend, increased by nearly 3 percent. While the rise in $BTC paved the way for altcoins, the names at the top of the day drew attention. SAGA, a decentralized and proof-of-stake (pos) blockchain that uses the Tendermint consensus, managed to settle at the top of the day. The project, which mainly serves in the gaming field, increased by 24.6 percent in the last 24 hours. Ethena (ENA), which is on the Ethereum blockchain, started to rise after announcing that it would support its stablecoin product USDe with Solana. ENA, which is also supported by BlackRock, increased by 21 percent in the last 24 hours. Brett (BRETT), launched on Coinbase's layer-2 blockchain Base, became the third highest-rising altcoin of the day. BRETT, a memecoin similar to Pepe, rose 17 percent in the last 24 hours. Worldcoin ($WLD ), which focuses on artificial intelligence and was created by ChatGPT founder Sam Altman, rose nearly 15 percent in the last 24 hours. WLD, which managed to gain a large audience, made its mark on the list of the highest-rising altcoins of the day. BOOK OF MEME (BOME), a memecoin launched on the Solana blockchain, became the fifth highest-rising altcoin of the day. BOME, which came to life with a fundraising pre-sale via social media, made a name for itself by rising 14 percent in the last 24 hours. BOME recorded a trading volume of $884 million in the last 24 hours and reached a market value of $629 billion. #CryptoDeNostradame #ParrotBambooCrypto

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