Solana bulls strive to maintain upward momentum amidst platform upgrades and technical challenges.

The current trade set-up appears bullish, but the Gaussian channel’s bearish influence and the need to surpass the $144 resistance level pose significant obstacles.

To reach the $150 target, Solana must conquer the $144 resistance level.

As the cryptocurrency market presents a majority of coins at heavily discounted prices, bulls are exerting a major effort to flip market sentiments in their favor.

Having bought the dip, Solana bulls now appear to be focusing on sustaining the upward momentum, coinciding with the platform’s recent launch of ‘zero-knowledge (ZK) compression’ featuring advanced capabilities.

This development is expected to attract more projects to the Solana chain, potentially influencing the SOL price in a positive manner.

Weekend Solana Dip Raises Concerns, but Reversal Revives Bullish Hopes

The SOL price’s drop below the crucial $133 range during the weekend has raised concerns about a potential bearish close for the month.

However, the recent reversal has reignited hopes for bullish possibilities, although the probability of a bull trap remains a significant factor to consider.

While the technical indicators are on the verge of turning bullish, achieving the $150 mark may prove to be a challenging task for Solana.

The current trade set-up appears to be fairly bullish, as the recent rebound has successfully flipped both market sentiments and technical indicators. The Relative Strength Index (RSI) has turned bullish, and the Moving Average Convergence Divergence (MACD) is close to triggering a bullish crossover.

However, some indicators raise concerns about the future of the token once it reaches the $140 level. The Gaussian channel has turned bearish during the latest pullback, and the SOL price must surpass the lower band at $144 to rise above the bearish influence.

The Nailwal Fellowship invites aspiring web3 builders to apply for its prestigious 2024 Cohort, with applications due by July 22nd.

The Nailwal Fellowship, founded by Sandeep Nailwal, Co-Founder of Polygon, is now accepting applications for its 2024 cohort. The program is designed to encourage talented builders to take the leap of faith into the web3 space by offering a strong network and financial security. 

The Nailwal Fellowship offers a unique opportunity for selected fellows to receive:

Financial Support: Each fellow receives a $50,000 grant to commit to building in web3 for six months.

Mentorship: Access to a network of industry leaders and experts from the Symbolic Capital team and the Beacon Accelerator mentor community.

Resources: Comprehensive support to navigate the challenges of building in the web3 space, including technical guidance and strategic advice.

The program’s success is evident from the accomplishments of its inaugural cohort, who have set high standards for future participants.

Sandeep Nailwal expressed his excitement about the new cohort, stating, “I’m so proud of what our first fellows achieved. Within just a few months, they’ve founded companies, joined leading accelerators like CSX, Alliance, and Beacon, and raised from top investors like 1kx, a16z, and more. Given the success of the inaugural Cohort, I can’t wait to support more talented founders with Cohort 2.”

Apply Now

Applications for the 2024 cohort are open until July 22nd. Individuals from all backgrounds with a passion for blockchain technology and a vision for the future of web3 are encouraged to apply. This is an unparalleled opportunity to join a community of like-minded innovators and benefit from the extensive support and resources provided by the Nailwal Fellowship.

Interested individuals can apply here: https://www.nailwalfellowship.org/apply 

For more information on the Nailwal Fellowship and its mission to empower the next generation of web3 builders, please visit https://www.nailwalfellowship.org/.

For media inquiries, please contact:

Nailwal Fellowship Core Team

fellowship@symbolic.capital

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

An IT specialist in Minnesota got interested in Cardano’s scientific blockchain approach and invested in ADA. As Cardano’s value soared, his investment prospered, allowing him to buy a lakefront property and start a blockchain education program in local schools.

Now, BlockDAG (BDAG), which raised $53.5 million in its presale, is being seen as the next major opportunity for early investors, potentially offering a 30,000x ROI. Could this be your path to financial success and community impact?

From IT Specialist to Cardano Innovator

In 2019, a dedicated Minnesota IT specialist, captivated by Cardano’s scientific blockchain approach, invested in ADA. Despite initial doubts, his faith in Cardano’s potential for a more secure and scalable blockchain motivated his investment. His dedication to understanding the technology and market trends paid off as Cardano’s value increased.

By 2022, his investment thrived, enabling him to purchase a scenic lakefront property in Minneapolis. Empowered by his financial success, he started a blockchain education program in local schools, becoming a respected figure in Minnesota’s tech community. His journey highlights the transformative power of strategic investments in emerging technologies.

Cardano, created by Charles Hoskinson in 2017, aimed to enhance existing blockchain platforms with its scientific method and peer-reviewed research. Its unique proof-of-stake consensus mechanism and focus on scalability and security attracted many investors. As Cardano’s network grew, so did its value, validating early faith in its potential.

Today, BlockDAG, with $53.5 million raised in its presale, is seen as the next big opportunity for early investors, promising a potential 30,000x ROI. BlockDAG offers a chance for financial freedom and joining the next wave of crypto success.

Unlock Success with BlockDAG: Your Chance to Become a Millionaire!

BlockDAG recently launched Keynote 2, igniting excitement within the crypto community and boosting price predictions. Hopes have soared to $20 by 2027, showing BlockDAG’s strengthened position in the market. Presale success is evident, with prices rising by 1120% since the initial batch. Currently, the presale is in Batch 18, with each coin at $0.0122. Over 11.8 billion coins have sold, with the presale surpassing $53.5 million in revenue, showing growing investor trust in BlockDAG’s innovative path.

BlockDAG also introduced a Low Code/No Code platform to simplify software creation. This platform allows users to create, manage, and deploy applications by dragging and dropping components instead of writing code. Building decentralized applications on BlockDAG using this method streamlines development within this complex ecosystem.

Developers benefit from faster prototyping and reduced development time, while non-developers can participate in DApp creation. This simplicity opens the platform to more users, fostering innovation and inclusivity. For those looking to replicate the success seen with early Cardano investments, BlockDAG presents an enticing opportunity. The IT specialist’s success with Cardano shows that strategic investments in innovative cryptocurrencies can lead to significant financial gains and community impact.

Hassle-Free Investment with BlockDAG

Just as the IT specialist in Minnesota struck gold with an early Cardano investment, transforming his life and starting a local blockchain education program, BlockDAG offers the next chance for keen investors to join the crypto elite. With $53.5 million raised in its presale and a potential 30,000x ROI, BlockDAG is the next big thing. The launch of Keynote 2 has fueled excitement, pushing price predictions to $20 by 2027. Prices have surged over 1120% from the initial batch, with Batch 18 coins now at $0.0122 each. Keen investors are seizing this golden opportunity provided by BlockDAG.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Bullish ZRO price prediction for 2024 is $2.784 to $3.240.

LayerZero (ZRO) price might reach $5 soon.

Bearish ZRO price prediction for 2024 is $2.200.

In this LayerZero (ZRO) price prediction 2024, 2025-2030,  we will analyze the price patterns of ZRO by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.

TABLE OF CONTENTS INTRODUCTION

LayerZero (ZRO) Current Market Status

What is LayerZero (ZRO)?

LayerZero (ZRO) 24H Technicals

LAYERZERO (ZRO) PRICE PREDICTION 2024

LayerZero (ZRO) Support and Resistance Levels

LayerZero (ZRO) Price Prediction 2024 — RVOL, MA, and RSI

LayerZero (ZRO) Price Prediction 2024 — ADX, RVI

Comparison ofZRO with BTC, ETH

LAYERZERO (ZRO) PRICE PREDICTION 2025, 2026-2030 CONCLUSION FAQ

LayerZero (ZRO) Current Market Status

Current Price $2.85 24 – Hour Price Change 4.38% Up 24 – Hour Trading Volume $202,544,109 Market Cap $712,588,094 Circulating Supply 250,000,000 ZRO All – Time High $4.80 (On June 20, 2024)   All – Time Low $2.58 (On June 24, 2024)  

ZRO Current Market Status (Source: CoinMarketCap) What is LayerZero (ZRO) TICKER ZRO BLOCKCHAIN LayerZero CATEGORY Blockchain Interoperability Protocol. LAUNCHED ON June 20, 2024 UTILITIES Governance, security, gas fees & rewards

LayerZero (ZRO) is an innovative blockchain interoperability protocol designed to enable seamless communication between different blockchain networks. It utilizes a unique approach by combining on-chain and off-chain components to provide a trustless, decentralized messaging layer. This allows for cross-chain token transfers, data sharing, and decentralized applications (dApps) to operate across multiple blockchains efficiently. LayerZero aims to overcome the limitations of existing interoperability solutions by offering enhanced security, scalability, and flexibility. Its architecture includes a User Application (UA), Oracle, and Relayer, ensuring that messages are reliably transmitted between chains without relying on a single point of trust.

LayerZero (ZRO) Price Prediction 2024

LayerZero (ZRO) ranks 96th on CoinMarketCap in terms of its market capitalization. The overview of the LayerZero price prediction for 2024 is explained below with a daily time frame.

ZRO/USDT Descending Channel Pattern (Source: TradingView)

In the above chart, LayerZero (ZRO) laid out a descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a security’s price with parallel trendlines to show a downward trend.

Within a descending channel, a trader could make a selling bet when the security price reaches its resistance trendline. An ascending channel is the opposite of a descending channel. Both ascending and descending channels are primary channels followed by technical analysts.

At the time of analysis, the price of LayerZero (ZRO) was recorded at $2.85. If the pattern trend continues, then the price of ZRO might reach the resistance levels of 3.386, and $4.197. If the trend reverses, then the price of ZRO may fall to the support of $2.604.

LayerZero (ZRO) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of LayerZero (ZRO) in 2024.

ZRO/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as the resistance and support levels of LayerZero (ZRO) for 2024.

Resistance Level 1 $2.784 Resistance Level 2 $3.240 Support Level 1 $2.547 Support Level 2 $2.200

ZRO Resistance & Support Levels

LayerZero (ZRO) Price Prediction 2024 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of LayerZero (ZRO) are shown in the chart below.

ZRO/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current LayerZero (ZRO) market in 2024.

INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $2.938Price = $2.704(50MA > Price) Bearish/Downtrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 40.682<30 = Oversold50-70 = Neutral>70 = Overbought Nearly Oversold Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak Volume

LayerZero (ZRO) Price Prediction 2024 — ADX, RVI

In the below chart, we analyze the strength and volatility of LayerZero (ZRO) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

ZRO/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of LayerZero (ZRO).

INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 42.140 Strong Trend Relative Volatility Index (RVI) Volatility over a specific period 44.40<50 = Low>50 = High Low Volatility

Comparison of ZRO with BTC, ETH

Let us now compare the price movements of LayerZero (ZRO) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs ZRO Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of ZRO is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of ZRO also increases or decreases respectively.

LayerZero (ZRO) Price Prediction 2025, 2026 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of LayerZero (ZRO) between 2025, 2026, 2027, 2028, 2029, and 2030.

Year  Bullish Price  Bearish Price LayerZero (ZRO) Price Prediction 2025 $6 $3 LayerZero (ZRO) Price Prediction 2026 $7 $2.8 LayerZero (ZRO) Price Prediction 2027 $8 $2.6 LayerZero (ZRO) Price Prediction 2028 $9 $2.4 LayerZero (ZRO) Price Prediction 2029 $10 $2.2 LayerZero (ZRO) Price Prediction 2030 $11 $2

Conclusion

If LayerZero (ZRO) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish LayerZero (ZRO) price prediction for 2024 is $3.240. Comparatively, the bearish LayerZero (ZRO) price prediction for 2024 is $2.200. 

If there is a positive elevation in the market momentum and investors’ sentiment, then LayerZero (ZRO) might hit $5. Furthermore, with future upgrades and advancements in the LayerZero ecosystem, ZRO might surpass its current all-time high (ATH) of $4.80 and mark its new ATH. 

FAQ

1. What is LayerZero (ZRO)?

LayerZero (ZRO) is an innovative blockchain interoperability protocol designed to enable seamless communication between different blockchain networks.

2. Where can you buy LayerZero (ZRO)?

LayerZero (ZRO) has been listed on many crypto exchanges which include  Binance, Bybit, OKX, Huobi (HTX), KuCoin, and Kraken.

3. Will LayerZero (ZRO) record a new ATH soon?

With the ongoing developments and upgrades within the LayerZero platform, LayerZero (ZRO) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of LayerZero (ZRO)?

LayerZero (ZRO) hit its current all-time high (ATH) of $4.80 on June 20, 2024.

5. What is the lowest price of LayerZero (ZRO)?

According to CoinMarketCap, ZRO hit its all-time low (ATL) of $2.58 on June 24, 2024.

6. Will LayerZero (ZRO) hit $5?

If LayerZero (ZRO) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $5 soon.

7. What will be the LayerZero (ZRO) price by 2025?

LayerZero (ZRO) price might reach $6 by 2025.

8. What will be the LayerZero (ZRO) price by 2026?

LayerZero (ZRO) price might reach $7 by 2026.

9. What will be the LayerZero (ZRO) price by 2027?

LayerZero (ZRO) price might reach $8 by 2027.

10. What will be the LayerZero (ZRO) price by 2028?

LayerZero (ZRO) price might reach $9 by 2028.

Top Crypto Predictions

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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

A full array of BTC and Lightning Network services is introduced by Strike’s debut into the UK.

Mallers also highlighted Strike’s goal of being a worldwide Bitcoin-centric financial institution.

Strike, the Bitcoin payment app led by Jack Mallers, has taken a giant stride forward with its introduction in the United Kingdom. Aiming to increase Bitcoin’s accessibility and popularity in one of the world’s biggest economies, this expansion is a smart step.

The launch of Strike in the United Kingdom has opened the door for consumers to conduct frictionless Bitcoin transactions, continuing a worldwide trend toward mainstream acceptance of the cryptocurrency.

Boosting Accessibility and Adoption

Moreover, a full array of Bitcoin and Lightning Network services is introduced by Strike’s debut into the UK market. Also, the app’s features that make buying, selling, sending, and withdrawing Bitcoin easy were highlighted in a recent blog post by CEO and founder Jack Mallers, who announced the development.

Notably, customers in the United Kingdom may now utilize their bank accounts to make limitless, immediate, and free Bitcoin deposits. Mallers also highlighted Strike’s goal of being a worldwide Bitcoin-centric financial institution.

He thinks Bitcoin might solve major economic problems including financial inequality and global debt. According to Mallers, “Bitcoin is hope for a brighter future.” This highlights the importance of the app in bringing Bitcoin to a wider audience.

Additionally, Strike’s features are designed to meet the demands of both individuals and businesses. Giving users more control over their cryptocurrency investments, the app can transform deposits into Bitcoin and let them set up automated repeating purchases. The app also makes it easy to send money to any Bitcoin or Lightning wallet. As well as withdraw funds to bank accounts in the UK.

Highlighted Crypto News Today:

Terraform Labs Linked LFG Announces Moving Assets Post SEC Settlement

ZK’s fully diluted value was $3.5B, which is around 40% lower than its valuation at launch.

On the day of the ZK token launch, there were more than 1.8 million transactions recorded.

With a market valuation of over $1 billion, zkSync’s much-anticipated token debuted on June 17. Despite a brief surge in the first launch hours, ZK’s market value progressively declined in the days that followed, most likely as a result of persistent sell pressure from airdrop participants and generally unfavourable market circumstances.

At the time of writing, ZK’s fully diluted value was $3.5 billion, which is around 40% lower than its valuation at launch; the market capitalization is at $613 million as per data from CMC.

Enthusiasm Fading 

New unique addresses on the zkSync Era chain averaged around 7,000 per day in the week preceding up to the ZK debut, which was a rather tranquil time. This amount, however, exploded on June 17, the day of the ZK token launch, when the quantity of new unique addresses more than doubled to 18,000.

The original rollout didn’t cause the enthusiasm to fade. This number increased by more than 76% the next day, reaching 31,800 new unique addresses; the following day, on June 19, it increased by another 12%, reaching 35,800 new addresses for the day.

On the day of the ZK token launch, there were more than 1.8 million transactions recorded as users rushed to claim their airdrops, which caused the 7-day moving average for transactions on zkSync Era to reach a three-month high.

This surge in activity was, however, fleeting for the network. The next day, the number of transactions on the chain fell by 37%, and the following day, it fell by 32% more. 

Highlighted Crypto News Today:

Terraform Labs Linked LFG Announces Moving Assets Post SEC Settlement

Terraform Labs’ non-profit organization LFG announces methods to secure its crypto holdings. 

The firm recently made a settlement of $4.7 billion in its case against the SEC.

The Luna Foundation Guard (LFG) announced the movement of its crypto holdings to a direct custody solution, citing “safety” measures. LFG is the non-profit organization of Terraform Labs, the firm that recently made a settlement in a legal battle with the SEC. 

Terraform Labs and its founder Do Kwon were charged by the SEC on allegations of fraud. The firm, at the beginning of June, settled for $4.47 billion to bring the charges to an end. However, the recent settlement has put a dent in Terraform Labs’s market sentiment as it becomes an additional negative publicity for the organization.

Moreover, in January 2024, Terraform Labs had asked for bankruptcy protection. Connectedly, the recent movement has instigated speculations among investors as they fear the loss of funds. Notably, the company is also expected to wind down businesses as it pays the fines imposed by the SEC. 

As a part of it, the blockchain protocol firm has announced the selling of multiple projects in the past month including Pulsar Finance, Station Wallet, and Enterprise Protocol. Pulsar Finance is a portfolio manager while Station Wallet is the company’s cross-chain wallet. The Enterprise Protocol is Terraform Labs community’s DAO. 

Terraform Labs Non-Profit LFG’s Crypto Holdings

In an X post, LFG outlined its crypto holdings under different addresses. The non-profit organization holds 313 BTC, worth nearly $19.10 million at current prices, in a Bitcoin address identified as ‘bc1q9’. Additionally, the platform also holds other cryptocurrencies. 

Notably, it holds 1.19 million AVAX, 32.97 UST, 39.50K BNB, and 222.71 million LUNA. LFG, in the past month has exhibited several large transfers from the firm to unknown wallets. Additionally two of its tokens, LUNC and USTC were removed from circulating supply towards the end of May. 

Amidst the SEC settlement, Terra ecosystem’s tokens LUNA, LUNC and USTC  witnessed  price drops. According to CMC data, Terra (LUNA), at the time of writing, traded at $0.4256 with a 30% price decline over the month. While Terra Classic (LUNC) traded at $0.00008078 with a 28.85% monthly decline. On the other hand, TerraClassicUSD (USTC) traded at $0.01773 having experienced a monthly decline of 22.46%. 

Highlighted Crypto News Today: 

DWF Labs Deposits 24 Million JASMY Tokens to Binance

Ethereum’s trading volume has surged by 6.79%.

The RSI was noted at 40 which indicates nearing oversold territory.

Ethereum’s (ETH) price action over the past week saw a dip to $3,259, raising fears of a decline below $3,000. However, ETH managed to find support and is currently trading at $3,375, having risen by 1.93% within the past 24 hours. Despite this recent uptick, ETH is down 10.30% over the past month. On May 27, the price was close to $4,000, at $3,957, according to CoinMarketCap.

Over the last week, a whale withdrew 6,127 $ETH worth $21.7M from Binance. He made a profit of $20 million from trading the token in the past two years. But he has deposited $ETH to Binance several times in panic after the price dropped.

In addition to price fluctuations, the Ethereum network has faced security issues. Tim Beiko, a core developer, confirmed that the company’s official email was hacked. That resulted in multiple unauthorized messages sent to subscribers. Beiko warned users to avoid clicking any suspicious links.

The latest update from Beiko indicates that the foundation has regained control of the email list and has securely locked all external access. They sent a new email to alert recipients about the security breach involving a message titled “Now Available: Ethereum Foundation Staking Platform.” This email was unauthorized, and the foundation urged users to delete it immediately and refrain from clicking any links it contained.

Will ETH Break Resistance Levels?

The daily relative strength index (RSI) stands at 40.01, indicating a support or neutral zone. Ethereum currently faces immediate support at the $3,110 level. A breach below this support could lead the price to test the next major support at $2,899, with a further dip potentially taking it down to $2,650.

Conversely, if Ethereum can break above the $3,300 mark, it could aim for key resistance at $3,585, with the next potential resistance at $3,809. The highest range of resistance could be between $3,900 and $4,000.

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The last transaction documented in the wallet occurred on January 13, 2022.

Cuban made almost $38,533 from the sale of 14 NFTs in the last two days.

After almost two years of inactivity, billionaire Mark Cuban’s cryptocurrency wallet was found selling non-fungible tokens (NFTs).

Cuban’s “markcuban.eth” Ethereum Name Service (ENS) wallet started selling NFTs on June 23. From Pudgy Penguins and Wrapped MoonCats to DeepBlack NFTs and EulerBeats Genesis, the works covered a wide spectrum.

The last transaction documented in the wallet occurred on January 13, 2022, when the Roc Aero Pitch Deck NFT was sold by the wealthy investor for $33.73.

Dumping Valuable NFTs

Cuban made almost $38,533 from the sale of 14 NFTs in the last two days. Pudgy Penguin #6239, the investor’s highest-valued NFT, was sold for $30,578 at a price of 9.06 Wrapped Ether (WETH). The remaining NFTs were priced between $22 and $1,800.

Along with the sales, Cuban intends to sell two valuable NFTs from the wallet. For 15 Ether, or more than $50,000, the billionaire listed his Hashtag NFT #MFFL. Also, for 5 ETH (about $16,000), Cuban offered a BibleNFT piece titled Deuteronomy 25:4. The wallet will have sold more than $100,000 worth of NFTs in the last two days if the two NFTs are purchased.

The 65-year-old investor recently was involved in a security problem, which coincides with his NFT dump. Cuban reported a bogus call to his Gmail account on June 23, prompting him to believe it had been hijacked.

In an X post, the investor claimed that someone posing as “Noah” had faked Google’s recovery techniques and stated that Cuban had an intruder. Finally, on June 25, after publicly praising the Google team on X, Cuban informed his followers that he had restored the account.

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DWF Labs Deposits 24 Million JASMY Tokens to Binance

Alex Lab suspects North Korean hackers linked to a $4 million exploit on their Bitcoin DeFi protocol.

Hackers exploited Alex Lab’s BNB Smart Chain bridge, stealing funds and laundering STX tokens through exchanges.

Bitcoin layer-2 developer Alex Lab, which was affected by a $4 million hack in May, has revealed suspicions that the notorious North Korean hacking group Lazarus may be behind the exploit. Today, Alex Lab identified three wallet addresses used by the attackers to siphon funds from their decentralized finance (DeFi) protocol on May 16.

The breach specifically targeted Alex Lab’s bridge on the BNB Smart Chain, resulting in the theft of $4.3 million. An additional $13.7 million worth of Stacks (STX) tokens were also stolen and subsequently laundered through various centralized exchanges. By June 20, Alex Lab reported that the hackers had conducted over 11,800 transactions involving staking tokens of STX.

Alex Lab, collaborating with independent blockchain investigator ZachXBT, traced the stolen assets to three specific wallets. The initial breach directly linked one key wallet, identified as 0x418e…0c4e. The team clarified that the hackers accessed private keys but confirmed that the Alex Protocol’s smart contracts remained secure.

Despite the findings, Alex Lab is offering a 10% bounty for the return of 90% of the stolen funds. Also, they promised to cease legal action, but the attackers have not responded to Alex Lab’s proposal.

Highlighted Crypto News Today: 

ZachXBT Alleges Celebrities Memecoin Promotions as Scam

Today, ENSO, the first intent engine in the world driving chain abstraction and an intent-centric future, announced the successful completion of a funding round valued at over $4.2 million. The funds will go towards the ongoing product development, with the goal of launching their L1 cosmos-based blockchain this year.

Ideo Ventures, Hypersphere, and 60+ angels from: Safe, Socket, Titan, Essential, Sygnum, TheGraph, Alchemix, Biconomy, Yearn, Squid, Liquity, Pendle, Everclear, Flashbots, Dune, and many more participated in the round.

In the last year, approximately $11 billion in on-chain settlements have been made possible by ENSO tooling, supporting over 35 active projects. With this financing, ENSO can further support the growth of its infrastructure capabilities and blockchain and DeFi application uptake.

Connor Howe of ENSO stated:

“We’re thrilled to have the support of Ideo Ventures, Hypersphere, and an exceptional group of angels as we embark on our next phase of growth. This funding validates our vision to transform blockchain interactions and underscores the confidence in our technology from both institutional backers and the angels involved.”

ENSO is the connectivity layer of crypto, connecting all ecosystems into a single network, letting users and application developers specify their intended results as intents, and enabling the creation of truly composable applications without the need for labor-intensive manual integrations.

News for Solana (SOL) holders doesn’t seem too bright. The coin is seeing a sharp decline as it struggles to maintain its price levels. Solana (SOL) has been under increased selling pressure after failing to hold an important support level at $133. The token is now trading in a falling wedge pattern, indicating a potential further decline. Market dynamics suggest that the price could drop below the critical support level of $100, possibly testing the next support at $94.19. This bearish trend has been fueled by a lack of bullish activity, with trading volumes significantly lower than average.

In contrast, there is a new coin that might be showing better results. It is currently in its presale phase and now would be an interesting time to compare and contrast it with the currently struggling Solana (SOL).

Solana (SOL): Facing Potential Crash and Investigation Rumors

Of course, it makes sense to start with the better-known option. Solana (SOL) has been experiencing a turbulent period, shedding $7 billion in market cap over the past week, which has raised concerns among traders and analysts alike. The cryptocurrency has faced increased selling pressure, failing to hold crucial support levels and dropping approximately 10% to hover around $130. This decline comes as the broader crypto market experiences a downturn, with major coins like Bitcoin and Ethereum also seeing significant losses. 

The overall market sentiment has shifted towards uncertainty, as reflected by the crypto fear and greed index stabilizing at a neutral level of 51.

Adding to Solana (SOL) woes are rumors of a potential investigation, which have exacerbated fears of further price declines. These rumors have led to heightened volatility and have put Solana (SOL) price under intense pressure. The market’s reaction to these rumors has been swift, with many investors opting to sell off their holdings, contributing to the downward spiral. Analysts suggest that if the bearish trend continues, Solana (SOL) could fall below the critical $100 mark, potentially testing support at $94.19. This significant drop could further erode investor confidence and lead to a deeper market correction.

Technical indicators also paint a grim picture for Solana (SOL). The falling wedge pattern in which Solana (SOL) is trading indicates a potential for continued decline. The on-balance volume has been plunging for over 40 days, and the trading volume during weekends has been drained by more than 60% from its average levels. This points to a lack of bullish activity and suggests that buyers are displaying acute weakness. The MACD and RSI indicators are both showing bearish signals, further supporting the possibility of a continued downtrend.

Market sentiment towards Solana (SOL) has been negatively impacted by these developments. The broader economic conditions, including the Federal Reserve’s monetary policies and the general downturn in the crypto market, have also played a role in this decline. The anticipation of a rate cut in September could provide some relief, but for now, the outlook remains bleak.

Minotaurus: Seize the Opportunity in the Booming Casual Gaming Market

Now, how about a coin that seems to have Solana (SOL) outgunned, at least for the time being? 

Discover Minotaurus, your gateway to the booming casual gaming market, estimated by Statista to be worth $14.78 billion. During the presale, $MTAUR tokens are available at a whopping 80% OFF, priced at just $0.00004 each, with a planned listing price of $0.00020 per coin.

Why Minotaurus?

Here are the key reasons to join Minotaurians:

Early Advantage: Benefit from a low entry point with potential savings of up to 5 times off the listing price during the first presale stage

Holder Benefits: Enjoy perks like referral and vesting incentives.

Strong Utility: Swap $MTAUR for in-game currency and access avatar customization options, mini-games, speed boosts, special zones, and bonuses for inviting friends.

Strong Tokenomics: Designed for stability, with well-thought-out cliff and vesting mechanisms.

Trusted Security: Audited by SolidProof and Coinsult, ensuring top-tier reliability and confidence for participants.

Secure Early-Bird Benefits Before They Vanish

Don’t miss your chance to support a promising blockchain gaming project and benefit from its upside potential. Take advantage of the early bird pricing for $MTAUR tokens — now can be the best time to join Minotaurus. 

>> Grab $MTAUR Tokens at 80% Off Before It’s Too Late! <<

Join the Minotaurus community today and use code KZW304 for an additional 5% booster bonus. This special code is valid for 48 hours from the publication date, so act quickly.

Conclusion

The cryptocurrency market has faced significant volatility, impacting major coins like Solana (SOL). It has seen a substantial decline, struggling to maintain crucial support levels amidst increased selling pressure and rumors of a potential investigation. 

This has led to heightened market volatility and eroded investor confidence. In contrast, Minotaurus (MTAUR) presents a potential opportunity for market participants seeking stability and success potential in the current bear market. 

Learn more about Minotaurus:

Website: http://minotaurus.io/

Announcements: https://t.me/minotaurus_official

Chat: https://t.me/minotaurus_chat

Twitter: https://twitter.com/minotaurus_io

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

Withdrawals from spot Bitcoin ETFs have topped $1 billion in the last 10 days.

No Bitcoin exchange-traded fund (ETF) saw any form of inflow on Monday, June 24.

Major withdrawals have been seen in the US spot Bitcoin ETFs for seven consecutive days, coinciding with the Bitcoin (BTC) price’s continued decline. No Bitcoin exchange-traded fund (ETF) saw any form of inflow on Monday, June 24, contributing to a total outflow of $174.5 million across all ETFs. Withdrawals from spot Bitcoin ETFs have topped $1 billion in the last 10 days.

Bitcoin exchange-traded funds (ETFs) have seen $545 million wiped out so far, and this week is only the beginning. Grayscale Bitcoin ETF GBTC had the most withdrawals on Monday, totaling $90.4 million, according to data from Farside Investors. With this, the total amount of money that has left GBTC since its start is approaching $18.5 billion.

Struggle Continues

Outflows of $35 million hit Fidelity’s FBTC, the second worst on Monday. With an AUM below $10 billion, FBTC has been experiencing steady withdrawals since the middle of June.

There have been withdrawals from a number of other Bitcoin ETFs since their launch, however BlackRock’s IBIT remains completely unchanged. Having said that, there have been several recent cases when no inflows were recorded.

The present sell-off, however, demonstrates that the initial enthusiasm for the spot Bitcoin ETFs’ debut seems to be dwindling. Additionally, due to the unpredictability of the global market, institutional interest in Bitcoin has been declining. Withdrawals of $630 million were recorded last week from Bitcoin investment products.

It is well-known that the introduction of spot Bitcoin ETFs in early 2024 caused Bitcoin to begin the year with strong gains. However, the recent outflow is a cause of concern as investors confidence in the asset is dwindling.

Highlighted Crypto News Today:

DWF Labs Deposits 24 Million JASMY Tokens to Binance

Donald Trump is in talks to speak at the Bitcoin 2024 convention in Nashville at the end of July.

Trump and Biden are making cryptocurrency a key part of their 2024 election strategies.

Cryptocurrency and its regulation have emerged as a pivotal topic in the U.S. presidential campaigns, sparking heated debates and diverse reactions within the crypto community. The conversation around cryptocurrency and Bitcoin (BTC) has intensified since the election campaign began in late May, drawing significant attention from both supporters and critics.

Former President Donald Trump, who previously criticized cryptocurrencies, has recently strongly supported Bitcoin and called himself  “Crypto President.” Further, he has been in discussions to speak at the Bitcoin 2024 convention in Nashville at the end of July. This event, organized by Bitcoin Magazine, is expected to be the largest Bitcoin gathering of the year. 

Alongside Trump, other political figures, such as presidential candidate Robert F. Kennedy Jr., former candidate Vivek Ramaswamy, and Republican Senators Bill Hagerty and Marsha Blackburn, are also slated to speak.

Trump’s upcoming appearance at the Bitcoin 2024 convention highlights his new pro-crypto stance. Also, recently, he emphasized the need for the US to dominate Bitcoin mining and vowed to end what he calls Joe Biden’s “war on crypto” during the leading Bitcoin miners meeting.

Biden Administration Reengages with Crypto Policy

In parallel, the Joe Biden administration is also engaging with cryptocurrency policy. The White House has rehired Carole House, a cybersecurity advisor who was crucial in advising on the president’s 2022 crypto-focused executive order. 

Additionally, President Biden is considering accepting cryptocurrency donations via Coinbase Commerce, a move that has generated considerable discussion within the crypto community. 

This marks a significant shift from his earlier stance, which was unfavorable toward digital currencies. Further, this growing political involvement of the crypto sector suggests its potential impact on future regulatory frameworks and economic policies.

Bitcoin faces selling pressure amid current bearish sentiment.

The market reacts cautiously to Mt. Gox’s creditor repayment announcement.

Bitcoin bears once again made investors sit on their toes, but this time, they made them more anxious by dropping below $59K. In the past day, Bitcoin fell by 3%, hitting an eight-week low of $58,601.70 after reaching a 24-hour high of $62,900.

The bears have been making big noises since last week. It has dropped 7%, leading to the most bearish state, with BTC hitting a Fear Index 30. This drop is accompanied by selling pressure, with the daily RSI at 29.

Meanwhile, Mt. Gox announced it will start repaying creditors in BTC and BCH in early July 2024. It currently holds 141,686 BTC ($8.63B) across three wallets. The market reacted negatively to this news.

A Potential Bullish Rebound?

While hopes for a Bitcoin bull comeback are dwindling, some technical chart indicators tell a slightly different story.

Prominent analyst Ali noted that the Bitcoin MVRV Ratio has dipped below -8.40% on four occasions since February 2023. Each time, it triggered BTC price jumps of 63%, 100%, 92%, and 28%. Currently, with BTC priced under $60,000 and the MVRV Ratio at -8.96%, he marked this might be an ideal time to buy the dip– predicting a bullish future.

Moreover, the TD Sequential presents a buy signal on the Bitcoin daily chart, predicting a rebound of one to four daily candlesticks for BTC.

Also, another Crypto analyst Axel Adler highlighted the short-term holders’ (STH) spent output profit ratio (SOPR) metric. The 90-day moving average (90DMA) was just above 1 at press time. Compared to the 2016 cycle, Bitcoin could continue its correction until this metric falls below. Observing a trend reversal in favor of the bulls’ rally would become more likely.

So, for Bitcoin bulls, sustaining momentum is crucial. The next significant milestone lies at the $66,477 mark, with $68,468 also in sight if the upward trend continues. Conversely, if the bears worsen the scenario, the price may drop to $56,569.

The crypto market records a significant PEPE whale movement surpassing 1 trillion tokens in the last 24 hours. 

PEPE has shown an increase of 75% in daily trading volume.

Pepe (PEPE), one of the most trending frog-themed memecoins recently, has shown a bullish run in the past 24 hours. Following this, the memecoin witnessed a huge whale movement in the early hours of Tuesday. The whale account identified as ‘0x837’ moved 700 billion PEPE, worth approximately $7.85 million, to the crypto exchange Binance. 

Reportedly, the whale purchased PEPE from Binance towards the end of May and currently holds 1.4 trillion tokens worth $16.60 million. The whale holds multiple Ethereum-based tokens that sum up to approximately $32 million. According to Arkham Intelligence data, the account’s Pepe holdings ranked the highest in their portfolio. 

Notably, the memecoin also witnessed another significant whale movement in the past week. On June 18, a significant 1.15 trillion PEPE was moved from wallet address ‘0x344’ to Binance according to WhaleAlert’s reports. The recent whale movements of Pepe coin have raised speculations of a bullish rally. 

PEPE Price Overview

Pepe, at the time of writing, is trading at $0.00001167 with a 24-hour increase of 12.94%. The token after hitting its ATH of $0.00001198 in late May has shown a subsequent bearish turn.  Following this, the token exhibited signs of price recovery after this bearish performance in the past month. Over the past week, it has shown an upward movement in price, recording a weekly performance of 10.25% according to CMC data. 

PEPE/USDT Daily Price Chart (Source: TradingView )

Moreover, Pepe’s short-term 9-day MA stands below the current trading price indicating the memecoin’s bullish trend. Furthermore, with a daily RSI of 47.74, the token is slowly inching toward a buy zone in the market according to TradingView data. Additionally, the memecoin has exhibited a 77.09% increase in trading volume in the past 24 hours. 

According to market analysts, the memecoin is expected to experience upward price movements in the coming months. Inferring from TradingView charts, the memecoin is expected to face resistance at $0.00001226 in case of a continual bullish trend. 

However, if bears take over, the token might slide down to find support at $0.00001079. TheNewsCrypto analysts have predicted a bullish price of $0.00004965 for Pepe in 2024. With recent whale movements, the token has raised hopes for a second bullish rally in the market. 

Highlighted Crypto News Today: 

Bitcoin Takes Center Stage in the 2024 US Presidential Race

ZachXBT accused Ronaldinho, Amber Rose, and G Herbo of promoting memecoins, labeling them as potential scams.

These celebrities promote new crypto projects to their millions of followers.

Amidst the growing influence of celebrities in the cryptocurrency market, concerns over regulatory oversight and financial transparency have intensified. Renowned crypto expert ZachXBT has publicly criticized prominent figures like football legend Ronaldinho, American model Amber Rose, and rapper G Herbo for their involvement in promoting memecoins, which he categorizes as potential “scams.”

The scrutiny began on June 24 when ZachXBT commented on a video of Jason Derulo promoting his new coin, JASON, accusing him of promoting various crypto scams over the years. 

Derulo is the latest celebrity to launch a meme coin on Solana. On Sunday, Derulo posted the address for JASON, a meme coin launched via Pump.fun. Later, he accused promoter Sahil Arora of scamming him. Some hours later, he denounced Arora on X, stating that this situation would motivate him to send this coin to the moon. Arora, as with previous coins, claims that the drama was all part of the plan. 

Derulo is still actively promoting JASON and has announced a reward for the best JASON memes.

ZachXBT Continues Celeb Memecoin Promotion Warnings

Similarly, ZachXBT pointed out opposition to Brazilian former footballer Ronaldinho’s X post related to crypto ventures, which was later deleted. The crypto expert alleges Ronaldinho’s involvement in projects accused of engaging in pump-and-dump schemes.

The football star, known for endorsing various memecoins, including Baby Doge Coin and Kishu Inu, has recently aligned with GameFi platforms like Lingo Protocol and Base Networks, manipulating his massive social media following to promote these ventures.

Further, ZachXBT has raised alarms about Amber Rose and G Herbo, highlighting past promotions of crypto projects that have since faced accusations of fraud or misrepresentation. Amber Rose, in particular, faced criticism for her recent question to 3.15 million followers about memecoins on the Solana blockchain. That prompted ZachXBT to highlight past deleted posts where she allegedly endorsed now-discredited projects like Dragon and Wild Ape Gang NFTs.

ZachXBT continued his accusation next to G Herbo. He alleging that he created a memecoin named HERBO, which purportedly turned out to be a scam, and deleted the post. Further, ZachXBT’s comment on Herbo’s post led to blocking him on social media.

The list is not yet over. ZachXBT has been commenting on tweets from at least five celebrities who are promoting upcoming projects that he alleges could turn out to be scams, given these influencers’ history of promoting previous projects that ended up being scams.

The controversy emphasizes broader concerns within the crypto community regarding celebrity involvement and the potential for market manipulation. With millions of followers at stake, the influence wielded by figures like Ronaldinho, Amber Rose, and G Herbo in the crypto space may draw attention to regulatory loopholes and investor protection.

Highlighted Crypto News Today: 

Is Bitcoin Set for a Bullish Rebound After 8-Week Low?

Roam, a leader in the DePIN (Decentralized Physical Infrastructure Network) sector, has announced its integration onto Solana Mobile’s Saga phone, marking a significant milestone in its mission to build a global WiFi roaming network. Roam is the first project to offer secure WiFi connections to all users by integrating decentralized identifiers (DIDs) and verifiable credentials (VCs) into OpenRoaming. This innovative approach enhances global WiFi accessibility and security by eliminating the need for SSIDs, passwords, and login credentials.

A Growing Ecosystem

Roam’s ecosystem is built around Roam Points and $ROAM, incentivizing users to contribute to network development by adding WiFi, checking in, and referring friends. The network has grown rapidly, amassing over 3.5 million WiFi spots and serving over 350,000 app users across 140+ countries.

New Milestones

Recently, the Roam app achieved a significant milestone, surpassing 100,000 daily check-ins and adding 300,000 network nodes by the community. This achievement not only showcases the app’s practical use but also reflects the enthusiasm of its users and their belief in the project’s future.

Roam on Solana Mobile’s Saga Phone

Sharing a vision centered on security, ease of use, and seamless Web3 integration, Roam launched their app on the Solana Saga phone’s dApp store. The Saga phone, known for its premium hardware and clean Android experience, offers a comprehensive dApp store for the Roam app. The first model of the Solana Mobile has sold out, and the upcoming edition has already received 140,000 pre-orders from crypto investors and traders. By being available on the dApp store, the Roam app will provide faster load times and superior connectivity, enhancing the user experience and bridging the gap between Web3 and everyday technology.

Looking Forward

With the launch of the app on Solana Mobile’s Saga phone, Roam aims to further its mission of revolutionizing how people connect. This development is a significant step towards creating a more decentralized, accessible, and free WiFi roaming network for all app users.

About Roam

Roam transforms internet access with a decentralized network and OpenRoaming, connecting you seamlessly to over 3.5 million OpenRoaming WiFi access points. It simplifies connectivity, enhances security, and rewards every connection via its proprietary DID solution. Roam permits the capture and utilization of rich user data (who, what, where) while promising the anonymity of decentralized IDs to permit data incentivization without compromising user identity.

http://weroam.xyz/join_us.html

Contact

Team Lead,

Nigel Nie.Nigel@wewroam.xyz

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.

SHIB Whales make $8 Million amid current bearish market momentum.

Whale movements of meme coins might bring fluctuations in the market.

The crypto market displays mixed signals with significant movements in the largest cryptocurrency by market cap, Bitcoin. BTC went down $59k in the past 24 hours with a 3% decline. Traditionally, declines in BTC influence fluctuations across altcoins and meme coins, yet some of them are bucking the trend and surging.

Over the last day, there was a 1.10% decrease in the global crypto market, plummeting to $2.26 trillion. Meanwhile, meme coin whale accumulation stands out amidst the broader decline. The ongoing whale activities have triggered substantial token movements, signaling potential volatility with opportunities for gains or losses.

Notably, meme coins such as PEPE, FLOKI, WIF, SHIB, and BONK have shown notable performance in the past 24 hours. PEPE surged by 11.43% to $0.00001166, FLOKI is trading at $0.0001722, marking a 12.53% increase and SHIB is up by 2% to $0.0000172. Meanwhile, WIF and BONK have surged by 22.38% and 17.45% respectively, according to CMC. 

SHIB, PEPE, and WIF have particularly attracted attention due to large-scale transactions in recent whale activities, underscoring growing interest in meme coins. 

A significant example includes a PEPE whale depositing 700 billion PEPE tokens worth $7.8 million into Binance just five hours ago, holding a total of 800 billion PEPE valued at $9.23 million, despite incurring a total loss of $3.5 million.

In another instance, an early buyer of WIF acquired 3.58 million coins at $21,000 in December 2023. Four hours ago, this buyer purchased an additional 938,000 WIF worth $1.6 million, now holding 3.97 million coins valued at around $7.3 million.

SHIB Whale’s Million Profit-Taking

Regarding SHIB, recent on-chain data reveals a significant transaction where a whale deposited 1.08 trillion SHIB tokens valued at approximately $18.12 million into Binance over the past 14 hours. The accumulation period spans from November to December 2023, with an estimated profit of around $8 million, highlighting substantial profit-taking and increased market volatility.

Last week, 2.20 trillion SHIB worth $39 million were transferred from Robinhood to an unknown wallet, while nine wallets spent $35.2 million purchasing 1.356 trillion SHIB at $0.00002596 in the first week of June.

Highlighted News of the Day

Pepe (PEPE) Whale Causes Waves as the Memecoin Shows Bullish Signs

Donald Trump, who recently referred to himself as the “crypto president,” publicizing his support for cryptocurrencies, is running to be the president of the United States of America in the US Presidential Elections set to be held on Tuesday, November 5, 2024. Hence, major crypto analysts have highlighted altcoins such as ETFSwap (ETFS), Jeo Boden (BODEN), and MAGA as the 3 best-play altcoins to invest in if Donald Trump wins the US Presidential Elections.  

Donald Trump Would Adopt The ETFSwap (ETFS) Ecosystem

Major crypto analysts now expect ETFSwap (ETFS) to lead altcoins set to flourish if Donald Trump wins the US presidential elections as it is an ecosystem that widens the financial horizons for exchange-traded funds (ETFs), thereby advancing the global trading sector and the American real-world assets (RWAs) trading boundaries. 

ETFSwap (ETFS) has built a decentralized and permissionless ecosystem that introduces high-liquid real-world asset classes like coal, oil, gas, agricultural produce, and many more to the blockchain as tokenized assets. With ETFSwap (ETFS), investors get access to accurate market-made information from leading market makers like Grayscale and BlackRock to place strategic trades. More so, ETFSwap (ETFS) makes ETF trading easy and rewarding as assets can be swapped in full DeFi mode across multiple markets at low cost. There are also perpetual futures and options in long and short options, which offer traders up to 50X leverage. 

Little wonder major crypto whales and stakeholders are anticipating the launch of the Beta platform in less than 30 days— even more so, the potential launch of an ETF in 2025. ETFSwap (ETFS) is already showing massive potential in its presale stage, as it has sold close to 300 million tokens. With the price still going for $0.01831, major crypto analysts say now is the time to join the presale to be poised for the bullish run if Donald Trump wins the US presidential elections. 

MAGA Set To Pump High If Donald Trump Wins The US Presidential Elections 

With Donald Trump’s campaign announcement earlier in May 2024 that it was accepting crypto donations and his June 11 Truth Social Post, which stated that he “wanted all the remaining Bitcoin to be made in the USA, major crypto analysts have tipped the Trump-themed meme coin, MAGA, as one of the altcoins to reach new price highs if Donald Trump wins the US Presidential Elections. 

More so, Donald Trump’s recent comments suggesting that restricting Bitcoin mining to just the U.S. will increase America’s dominance on energy has solidified his stance for cryptocurrencies like MAGA, and the positive psychology could as well push MAGA to new heights. Little wonder MAGA recently experienced an 8% rise in the past 24 hours, and even more bullish retraces are expected for the MAGA altcoin as we near the election date. 

Jeo Boden (BODEN) Can Now Retrace From Its Lows

Jeo Boden (BODEN) has been tipped by major crypto analysts to finally retrace from its lingering lows if Donald Trump wins the US Presidential Elections. Even though Jeo Boden (BODEN) is a Joe Biden-themed meme coin, the prevailing Jeo Boden euphoria, which has seen Donald Trump declare his public support for cryptocurrencies, is tipped to push the Jeo Boden token beyond its bearish levels. 

More so, the incoming manifesto tussle between Donald Trump and the incumbent President, Joe Biden, is expected to rally the Jeo Boden token to hit a new all-time high even if Trump wins the US Presidential elections and beyond— Joe Boden could be among altcoins to see massive greens. 

Why Are These Altcoins The 3 Best Plays? 

Among promising altcoins, ETFSwap (ETFS) offers a crypto-advancement ecosystem that would sell out Donald Trump’s newfound love for cryptocurrency, while Jeo Boden and MAGA, on the other hand, are set to benefit from the positive psychology of the incoming US Presidential elections. 

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.