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Vladislav Hryniv
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👀 According to Cryptopolitan: Top Altcoins to Buy in 2024 $INJ is a well-established player in the crypto DeFi space. It has cemented its place in the crypto market as a decentralized exchange (DEX), mainly focusing on margin trading and derivatives. Simply put, Injective empowers its users to leverage their holdings to potentially amplify their returns while also offering access to derivative products like perpetual contracts.  The Injective (INJ) blockchain has been one of the fastest-growing projects in 2024. With a historical price growth of over 1000% in the past 12 months, the blockchain introduced a series of infrastructural upgrades, including the recent Volan Mainnet upgrade to improve the Total Throughput (TPS). Additionally, the layer-1 chain has seen the launch of projects like Mito Finance and memecoins like Ninja, which has fueled growth.  As the DeFi market experiences explosive growth, INJ comes off as a strong project for continued success in 2024, especially with its already established presence and innovative offerings.  $DOGE remains a dominating force in the crypto market. Its popularity surpasses its meme coin status, boasting a passionate and dedicated community that continues to drive its value upward. While the future utility of DOGE beyond its current form remain to be explored, its undeniable influence within the crypto world makes it an altcoin that can not be ignored. Key factors behind Dogecoin’s recent surge has been the prospect of the DOGE token being used as a payment mode on social media platform X. Additionally, the project started to witness significant growth after Elon Musk’s X platform received money transmitter licenses in key US states including Oregon, Illinois, and New Mexico. The DOGE community is optimistic that the token will serve as the cornerstone of the new digital era. #InjectiveđŸ”„ #Dogecoin‏⁩

👀 According to Cryptopolitan: Top Altcoins to Buy in 2024

$INJ is a well-established player in the crypto DeFi space. It has cemented its place in the crypto market as a decentralized exchange (DEX), mainly focusing on margin trading and derivatives. Simply put, Injective empowers its users to leverage their holdings to potentially amplify their returns while also offering access to derivative products like perpetual contracts. 

The Injective (INJ) blockchain has been one of the fastest-growing projects in 2024. With a historical price growth of over 1000% in the past 12 months, the blockchain introduced a series of infrastructural upgrades, including the recent Volan Mainnet upgrade to improve the Total Throughput (TPS). Additionally, the layer-1 chain has seen the launch of projects like Mito Finance and memecoins like Ninja, which has fueled growth. 

As the DeFi market experiences explosive growth, INJ comes off as a strong project for continued success in 2024, especially with its already established presence and innovative offerings. 

$DOGE remains a dominating force in the crypto market. Its popularity surpasses its meme coin status, boasting a passionate and dedicated community that continues to drive its value upward. While the future utility of DOGE beyond its current form remain to be explored, its undeniable influence within the crypto world makes it an altcoin that can not be ignored.

Key factors behind Dogecoin’s recent surge has been the prospect of the DOGE token being used as a payment mode on social media platform X. Additionally, the project started to witness significant growth after Elon Musk’s X platform received money transmitter licenses in key US states including Oregon, Illinois, and New Mexico. The DOGE community is optimistic that the token will serve as the cornerstone of the new digital era.

#InjectiveđŸ”„ #Dogecoin‏⁩

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đŸ’„ According to NewsBTC: $LINK Price Turns Red In the past few days, Chainlink saw a steady decline from well above the $13.80 level. LINK price declined below the $13.50 support level to enter a short-term bearish zone, like Bitcoin and Ethereum. The price tested the $13.10 support zone. A low was formed at $13.07 and the price recently attempted a recovery wave. There was a move above the $13.50 level. It even jumped above the 23.6% Fib retracement level of the downward move from the $14.30 swing high to the $13.07 low. However, the bears were active below the $13.80 resistance and the 50% Fib retracement level of the downward move from the $14.30 swing high to the $13.07 low. LINK price is still trading below the $13.80 level and the 100 simple moving average (4 hours). Immediate resistance is near the $13.50 level. There is also a key bearish trend line forming with resistance near $13.50 on the 4-hour chart of the LINK/USD pair. The next major resistance is near the $13.80 zone. A clear break above $13.80 may possibly start a steady increase toward the $14.00 level. The next major resistance is near the $14.35 level, above which the price could test $15.50. If Chainlink’s price fails to climb above the $13.50 resistance level, there could be a fresh decline. Initial support on the downside is near the $13.10 level. The next major support is near the $12.80 level, below which the price might test the $12.20 level. Any more losses could lead LINK toward the $11.50 level in the near term.
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đŸ”„ According to GNCrypto Analytics: Weekly Analysis $SOL Solana's trading activity is caught between a support zone of $116–$130 and a resistance zone of $162–$172.  Solana's future price movement is largely dependent on Bitcoin’s trajectory. In a favorable market scenario, SOL could accelerate its growth towards the local high of $210.  If the market correction deepens, Solana might test the support level at $105 and potentially near the psychological buying threshold of $100. $MATIC The price of MATIC is currently confined to a narrow range, supported at $0.62–$0.67 and capped by a resistance zone at $0.74–$0.78. Polygon is clearly on a downward trend, regularly reaching new local lows.  If conditions do not improve significantly, the coin could revisit its local low of $0.58, recorded on April 13, and continue its bearish movement.  The likelihood of a bullish trend seems remote unless MATIC can breach the range of $0.83–$0.88, which would indicate a resurgence in buying pressure. $XLM Stellar has seen a 40% correction since March 11, 2024, and is currently hovering near a buyer's zone of $0.101–$0.107. The most likely scenario appears to be a continuation of the downward trend. If this scenario unfolds, XLM could soon hit a new local low below the $0.09 mark and continue to decline.  A bullish reversal could only begin with significant buying activity and increased trading volumes, potentially testing the resistance zone of $0.118–$0.124 and targeting the $0.129 seller level. However, this scenario currently appears highly improbable.
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đŸ’” According to AMBCrypto: $BTC Makes Push Above $62,000 Analysis of the crypto market capitalization trend on CoinMarketCap revealed that it stood at around $2.3 trillion at press time. Recent data indicated a reduction in market cap over the past few weeks, with a decrease of over 2% in the last 24 hours. Declines in the prices of various crypto assets primarily drive the decrease.  Also, following a period in 2022 where the market capitalization fell below the $2 trillion mark, it re-entered this range around March and has since remained there, albeit with fluctuations.  Further examination of the data highlights that out of the total $2.3 trillion market capitalization, Bitcoin accounts for over $1.2 trillion. Also, despite market fluctuations, the price of Bitcoin has managed to hover around $60,000. This ensured that its market capitalization remained above the $1 trillion mark for an extended period, allowing Bitcoin dominance to remain above 50%. AMBCrypto’s analysis of the Bitcoin daily timeframe price trend indicated that it has surged above the $62,000 price zone. It was trading at around $62,500 at the time of writing, with an increase of over 1%. This marked the first return to this price range in the last three days.  Should this momentum persist, BTC may test its short-term resistance level at around $64,000. However, it’s worth noting that it remained in a bear trend according to its Relative Strength Index (RSI) at press time.
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