Avalanche CEO confirms talks with the new US administration, fueling market optimism.

AVAX surges 119% after breaking out of a descending channel, hitting $49.15.

The AVAX token targets $70 this December, a 47% surge from its current price of $47.96.

Emin Gün Sirer, CEO of Avalanche ($AVAX), confirmed the platform is discussing initiatives with the new US government. In response to a question on X about whether $AVAX is involved in these talks, Sirer stated:

“Yes, of course we are. You will not see us parade our political connections in social media. You’ll just suddenly see results, in total Avalanche fashion. Plan accordingly.”

Yes, of course we are. You will not see us parade our political connections in social media. You'll just suddenly see results, in total Avalanche fashion. Plan accordingly. https://t.co/98tp1SR2QY

— egs9000 (@el33th4xor) December 2, 2024

While details of the discussions remain under wraps, Sirer’s response indicates a proactive effort by Avalanche to align with governmental initiatives. Following this news, the AVAX token has climbed into the top 10 daily gainers, posting a 9.16% increase to reach a price of $47.96.

…

The post Avalanche’s AVAX Hits Top 10 Daily Gainers: $70 in Sight by December appeared first on Coin Edition.

INJ, AVAX, HBAR, MATIC, and DOT show strong momentum and potential gains this week.

Ecosystem growth and adoption are driving price increases for these standout altcoins.  

Technical trends and rising demand indicate promising short-term performance for these tokens.  

Cryptocurrency investors closely watch market trends. This week, five altcoins show strong potential for
significant price movements. These tokens INJ, AVAX, HBAR, MATIC, and DOT are gaining attention for their market performance and strategic developments. Here’s a closer look at each coin and why they might surprise investors this week.

1. Injective (INJ)

Injective (INJ) is a decentralized layer-1 blockchain platform. It is tailored for DeFi, supporting derivatives and cross-chain trading. Known for its speed and low fees, it is a leader in blockchain scalability.

INJ’s price at press time hovers around $30 with technical indicators signaling a push toward $33. Its market cap approaches $3 billion, reflecting strong interest from traders. Technical analysis shows an upward trend, with higher lows in recent sessions. This suggests growing buying pressure.

The platform’s focus on scalability and interoperability strengthens its position in the DeFi space. Its steady market performance indicates it might break resistance levels this week.

2. Avalanche (AVAX)

Avalanche (AVAX) is a layer-1 blockchain network. It enables smart contracts and decentralized applications (dApps). Its unique consensus mechanism ensures high speed and low fees. AVAX is popular among developers and enterprises.

At press time trading at $47, AVAX might breach $50 soon. A push past $50 could drive it to $60 or $70. Its market cap exceeds $19 billion, and daily trading volume has surged by over 85%.

The platform’s growing ecosystem and partnerships fuel optimism. Developers are launching more projects on its platform. This adoption boosts confidence among traders and long-term holders.

3. Hedera (HBAR)

Hedera (HBAR) is a public distributed ledger using hashgraph technology. It offers fast transactions, low fees, and strong security. Hedera’s network supports enterprise applications and tokenized assets.

HBAR’s price jumped over 45% in the last 24 hours. It now targets $0.27 as its next resistance. Its trading volume surged over 300%, reaching $3.63 billion. This suggests increasing interest from institutional and retail investors.

Hedera’s partnerships with enterprises like Google and IBM strengthen its use case. Its energy efficiency attracts projects seeking sustainable blockchain solutions. These factors contribute to its ongoing momentum.

4. Polygon (MATIC)

Polygon (MATIC) is a layer-2 scaling solution for Ethereum. It improves transaction speed and reduces costs on the Ethereum network. Polygon supports a growing ecosystem of decentralized applications.

MATIC at press time trades around $0.60, showing steady gains. Analysts predict it might reach $1.20 soon. Its market cap has grown to $1.36 billion, with a notable spike in trading activity.

Polygon’s technology upgrades, including zk-rollups, drive its growth. More developers are building on Polygon due to its scalability. These advancements make MATIC a promising asset for the week.

5. Polkadot (DOT)

Polkadot (DOT) is a blockchain platform enabling cross-chain transfers of assets and data. It uses parachains to ensure scalability and interoperability. DOT plays a key role in the Polkadot ecosystem.

At press time trading at $9, DOT shows potential to reach $11. Its market cap exceeds $13 billion, reflecting strong investor confidence. Trading volume has also increased, signaling growing interest.

Polkadot’s parachain auctions continue to drive ecosystem growth. New projects launching on its network expand its use cases. These developments create a positive outlook for DOT in the short term.

Key Takeaways

This week presents exciting opportunities for these altcoins. INJ, AVAX, HBAR, MATIC, and DOT demonstrate strong market momentum. Their unique features and ecosystem growth add to their appeal. Investors should monitor their performance closely. These coins might deliver significant returns in the coming days.

The post Top 5 Altcoins Set to Surge This Week: INJ, AVAX, HBAR, MATIC, DOT appeared first on CryptoTale.

Avalanche (AVAX) stands as one of the most promising blockchain platforms with significant potential for growth. After reaching an all-time…

For the full story, head over to TheCurrencyAnalytics.com.

Large holders of AVAX and LINK tokens are shifting focus to smaller cryptocurrencies with big potential. These investors are gathering little-known coins that could see immense growth in the first quarter of 2025. Signals suggest a possible 100-fold increase is on the horizon. What are these promising assets attracting attention from crypto giants?

CYBRO Presale Achieves $5.5 Million Milestone: A Unique Multichain DeFi Solution

CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $5.5 million. This multichain cutting-edge platform offers investors unparalleled opportunities to maximize their earnings across various blockchains in any market condition.

The presale is already in its 8th stage out of 10, and with only two stages remaining, time is running out for those looking to buy CYBRO tokens at the best possible price. 

Currently available at just $0.045 per token, this is a last-chance opportunity to get in early before the Token Generation Event (TGE), where prices are expected to skyrocket. Experts are predicting a potential ROI of 1200%, making CYBRO a standout investment in the DeFi space.

In addition to tokens, CYBRO introduces exclusive Points, providing even greater benefits for investors. These Points grant automatic entry into the CYBRO Airdrop, where the number of tokens you receive is proportional to the Points you hold. Up to 1 million Points are distributed weekly, earned by investing in CYBRO’s DeFi Vaults.

Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

With only 21% of the total tokens available for this presale and approximately 100 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.

>>>Join CYBRO and aim for future returns up to 1200%<<<

Avalanche (AVAX): A Layer-1 Blockchain Offering Speed and Customization

Avalanche (AVAX) is a Layer-1 blockchain platform that provides eco-friendly operations, low transaction fees, and high-speed processing with a capacity of 4,500 transactions per second. It enables users to launch customizable Subnets for tailored blockchain deployments. Avalanche employs a hybrid consensus mechanism that combines classical and Nakamoto consensus principles, achieving transaction finality in less than two seconds. The platform consists of three interoperable chains—the X-Chain, C-Chain, and P-Chain—that manage various functions like transactions and smart contract executions. AVAX, the native token of Avalanche, plays a crucial role in the ecosystem by covering transaction fees, securing the network through staking, and facilitating the operation of multiple Subnets, supporting payments, staking, and the creation of custom tokens and blockchains.

Chainlink Connecting Smart Contracts to Real-World Data

Chainlink is a decentralized oracle network that connects smart contracts to external data sources, APIs, and systems. This allows smart contracts to interact with real-world data, enhancing their utility. Chainlink uses a reputation system to ensure data accuracy. It operates through a three-step process where oracles retrieve data, aggregate it to ensure accuracy, and securely deliver it to smart contracts. The network uses both on-chain and off-chain components for efficient data processing. The LINK token is central to this ecosystem. It rewards node operators for providing data, supports staking for network security, and serves as payment for data services, ensuring reliability and decentralization of the system.

Conclusion

In conclusion, while established coins like AVAX and LINK may offer steady growth, their short-term potential appears limited. In contrast, CYBRO emerges as a cutting-edge DeFi platform on the Blast blockchain, providing investors with exceptional opportunities to enhance their earnings. Its AI-powered yield aggregation, along with features such as attractive staking rewards, exclusive airdrops, and cashback on purchases, delivers a superior user experience with smooth deposits and withdrawals. With a strong focus on transparency, compliance, and quality, CYBRO distinguishes itself as a promising project that has attracted significant attention from crypto whales and influencers.

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DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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The post Bitcoin Looks Weak After Failed Attempt to Clinch $100K— A Deeper Pullback to $90,000 Could be Fast Approaching appeared first on Coinpedia Fintech News

The crypto bulls are back! To be more specific, the veterans are back as the primitive tokens like XRP, AVAX, LTC, ALGO, HBAR, etc. and many more with experience of the 2021 bull run and gaining more attention. It happened soon after the Bitcoin price entered relaxing mode after an attempt to breach the much-awaited target of $100K. The most important reason behind the sluggish behaviour is the drop in volume from the highs above $150 billion to the current levels below $50 billion. This shift in the volume to other altcoins could have weakened the rally, which again faced a failed attempt to reach $100K and dropped below $95,000. 

What’s next? What’s the Bitcoin (BTC) price prediction for December 2024?

As the Bitcoin price struggles, the fear and greed index just dropped below 80, suggesting the trader’s sentiments have just shifted from extreme greed to greed. However, the downfall does not appear to have reached its destiny yet, as more longs await to liquidate soon. 

The liquidation heatmap from Coinglass suggests the price faced a long liquidation barrier between $98,065 and $98,257 where nearly $500 million in longs were liquidated. Although the shorts placed at $96,336 offered a small rebound, it was not enough to keep up the rally, which fell weak at $97,000. As a result, the price is juggling in and out of $95,300, which has over $130 million in accumulated liquidity. So what’s next?

Considering the heatmap, the next possible level to look at is $95,657, which could break the bearish narrative; else, $94,500, which may weaken the bulls even more. However, considering the current trade set, a rebound appears to be fast approaching. 

The short-term price action suggests the token broke out of the rising parallel channel intending to reach the $100 milestone. Unfortunately, it attracted an 8.38% pullback, which further activated the bulls. Presently, the BTC price is testing the lower support of the channel, but this may certainly not be treated as the start of a bearish cycle.

Previously, when the bulls failed to hold $92,500, a drop close to $90,000. initiated a strong rebound. Hence, if the price fails to hold the support, a small bearish pullback to $94,500 could attract huge liquidity, reviving a rise to levels above $98,000. The stochastic RSI, which has dropped to the oversold range, is preparing for a rebound. With this, the bullish momentum could be re-instigated, reviving a rise back to $98,000, which has become more rigid, and a breakout with massive buying pressure could lead the rally to $100K. 

Until then, the Bitcoin (BTC) price could continue to juggle below the milestone while defending the support first at $95,500 and later at $91,500. 

Avalanche (AVAX) handles 6,500 TPS, making it a DeFi favorite for scalable DApps and decentralized performance.

Uniswap’s automated liquidity and UNI governance token ensure its dominance in the decentralized exchange ecosystem.

PEPE’s no-tax policy and memecoin hype have fueled its $1.6B market cap and sparked a volatile ‘memecoin season.’

Top altcoins making waves: Avalanche (AVAX) powers DeFi with speed, Uniswap (UNI) leads in token swaps, expands smart contracts, PEPE rides the memecoin boom, and Litecoin remains a reliable choice for fast, low-cost transactions.

Avalanche(AVAX): Powering DeFi with Unparalleled Speed and Scalability

Current price: $44.84

Market cap: $18.35B

Avalanche(AVAX) is built with three distinct blockchains, the X-Chain, C-Chain, and P-Chain, but the protocol can process 6,500 transactions per second and remains decentralized. AVAX tokens are an integral part of the Ava protocol, used for securing the network, paying transaction fees, and, as a rule of thumb, as a unit of account. The coin enjoys popularity within the DeFi ecosystem, primarily because Avalanche is designed to process numerous DApps.

Uniswap(UNI): Revolutionizing Token Swaps with Decentralized Governance

Current price: $13.04

Market cap: $7.82B

Uniswap is a decentralized exchange for DeFi tokens where token swapping is done automatically, and no middleman is involved. UNI is the governance token, as it allows holders to make decisions on what happens to the protocol through various votes. This token maintains Uniswap as one of the prominent decentralized exchanges, and the automated liquidity support has solved the problems of earlier decentralized platforms.

Pepe(PEPE): The Rise of Memecoins and the ‘No-Tax’ Revolution

Current price: $0.00002242

Market cap: $9.43B

PEPE – a deflationary memecoin from the world of memes based on the Pepe the Frog character has recently become very popular in the crypto market. After listing on Ethereum, the token hit its market cap of $1.6 billion and attracted the attention of crypto users. The surge has led to what some have described as the ‘memecoin season’, which could be described as a season that sees many newly launched meme-based tokens experience massive volatility. Moreover, PEPE's no-tax policy and community-driven ethos have further bolstered its appeal.

Litecoin(LTC): The Legacy Crypto Still Making Waves

Current price: $106.66

Market cap: $8.03B

Litecoin is one of the earliest cryptocurrencies that resembles Bitcoin in most aspects but provides the opportunity to make transactions faster and with less commission, suitable for micropayments. However, Litecoin remains among the twenty largest digital currencies by market capitalization as newer cryptocurrencies are introduced into the market.

Hedera(HBAR) Offers a Scalable Alternative to Traditional Blockchains

Current price:$0.1229Market cap: $4.69B

Hedera Hashgraph an efficient platform for decentralized applications, aiming to surpass traditional blockchain limitations. It employs a unique hashgraph consensus algorithm, enabling faster and more stable transactions. The platform leverages its native token, HBAR, for network operations, including smart contracts and file storage. Staking HBAR also enhances network security.

Algorand(ALGO) Enhance Python Integration

Current price: $0.4947

Market cap:$4.10B

Algorand(ALGO) AlgoKit 2.0 is an improvement from its predecessor, adding modern features such as native deep Python to its ecosystem. The plan is to get millions of developers from all fields, including AI/ML, as blockchain development will be eased. With AlgoKit 2.0, it takes a developer roughly ten minutes to start working on the Algorand blockchain, easing developing, testing, and deploying activities. In addition, Algorand is moving from a relay structure to a peer-to-peer (P2P) gossip network, similar to the operation of Bitcoin, thus improving its robustness and independence.

The post 5 Top Crypto Picks This Week: DeFi Giants, Memecoins, and Litecoin appeared first on Crypto News Land.

Polkadot (DOT) and Avalanche (AVAX) lead in scalability and interoperability, enabling seamless NFT creation and transactions.

Solana (SOL) and Binance Coin (BNB) revolutionize NFT markets with high-speed processing and low transaction costs.

Ripple (XRP) focuses on sustainability and efficiency, offering innovative solutions for NFT management and cross-border transactions.

Over time, as the technological applications of the blockchain herd, some have especially stood out for their strong indications of probable future changes. For those that have accrued exceptional competence as well as the capacity to influence the decentralized system, the outstanding tokens are Polkadot (DOT), Avalanche( AVAX), Binance Coin (BNB), Solana (SOL), Ripple (XRP). 

Polkadot (DOT): Building Superior Interconnectivity

Polkadot is widely used for blockchain interoperability because of the approach used in the creation of the platform. The network enables multiple and separate blockchains to securely share information and synchronize their operations. It has now crossed over into NFTs, providing a dynamic system that makes it achievable to scale without compromising on performance.

Avalanche (AVAX): A Phenomenal Network for DeFi and NFTs

The platform has turned out to be one of the leading blockchains recognized by high speed and great scalability – Avalanche. Hailed for its revolutionary consensus procedure, the defining network can be recommended for creators and users searching for cost-efficient NFT operations. Thus, Avalanche’s stress on decentralization in addition to its sustainability makes it at the same time involved in operations that relate to matters of challenge.

Binance Coin (BNB): Powering Profitable Ecosystems

Binance Smart Chain is integrated with Ethereum decentralized applications or dApps; hence Binance Coin supports several applications such as NFT. By offering fast processing the platform allows users to easily mint, buy, and sell digital products or manage digital tokens. 

Solana (SOL): A Premier Platform for Innovation

NFT marketplaces have praised Solana due to its revolutionary model in terms of speed and low stake charges, which are much lower than Ethereum's. Due to its superior throughput, developers use it to design timeless interactive online experiences. Support for increasing the population’s approach to NFT also shows that Solana has a mission of popularizing blockchain technology.

Ripple (XRP): Revolutionizing Asset Management

Ripple has also ventured into the NFT world, still with a view of targeting the problem of cross-border payments while embracing sustainability. Effective organizational management of various digital assets is possible through the platform and therefore is a remarkable platform for businesses and individuals.

The post 5 Cryptocurrencies Poised for the Future: Insights on NFTs and Security Innovations appeared first on Crypto News Land.

According to Odaily, Emin Gün Sirer, the founder and CEO of Ava Labs, recently addressed questions from community members on X, revealing that Avalanche is in discussions with the incoming United States administration. Sirer emphasized that the company prefers to keep its political engagements discreet, stating that the results of these discussions will become apparent without prior public announcements. This approach aligns with Avalanche's strategic style, focusing on delivering outcomes rather than publicizing political connections.

Are you wondering which cryptos are dominating investor conversations right now? The crypto market is buzzing with potential, but finding the right investment can feel like finding a needle in a haystack. The key is to look for projects solving real-world problems with innovative technology.

Enter Qubetics ($TICS), a Web3 aggregator revolutionising the blockchain landscape. Alongside it, five other cryptos are grabbing headlines. Let’s explore why these are being called the best crypto to buy by experts.

Qubetics ($TICS) 

Qubetics is transforming how people think about asset ownership. Its platform enables businesses and individuals to tokenise physical and digital assets, creating blockchain-based tokens that can be traded globally. This opens up new opportunities for liquidity and investment.

Imagine a small business owner tokenising their office space to attract international investors. A fine artist could tokenise their work, selling shares to collectors around the globe. Even property developers can use this technology to fractionalise ownership of high-value real estate, simplifying access for smaller investors.

Qubetics isn’t just another cryptocurrency; it’s a financial tool for the modern era. With over 251 million $TICS tokens sold and $3.9 million raised in the presale, its growth potential is immense. An $800 investment at $0.025 per token could yield over $464,000 if $TICS hits $15 post-mainnet launch. It’s clear why analysts call it the best crypto to buy right now.

Avalanche (AVAX) 

Avalanche is winning over developers with its highly scalable blockchain infrastructure. Its unique subnet architecture allows customised blockchains to operate seamlessly, making it ideal for decentralised finance and gaming applications. Avalanche is attracting attention with its partnerships in the gaming sector and integrations with major DeFi platforms. Its ability to support high transaction throughput while keeping fees low makes it a standout project.

Avalanche’s scalability and growing ecosystem make it one of the best crypto to buy for both developers and investors. Its focus on solving blockchain congestion issues ensures its relevance in an increasingly competitive market.

Polkadot (DOT) 

Polkadot is a pioneer in blockchain interoperability. Its multi-chain architecture allows different blockchains to connect and share data, paving the way for a truly decentralised web. This makes it a favourite for projects requiring seamless cross-chain functionality. Polkadot’s recent updates have improved its cross-chain messaging system, enabling smoother data transfer between networks. Its parachain auctions continue to attract innovative projects, further enhancing its ecosystem.

Polkadot’s ability to unify blockchain networks makes it an essential piece of the Web3 puzzle. Its robust infrastructure positions it as one of the best crypto to buy for long-term gains.

Cosmos (ATOM) 

Cosmos is leading the charge in blockchain interoperability with its Inter-Blockchain Communication (IBC) protocol. This technology enables seamless data and asset transfers across multiple blockchains, making Cosmos a key player in the decentralised space. Cosmos has been expanding its ecosystem, onboarding new projects that leverage its IBC protocol. Its focus on scalability and interoperability is drawing attention from developers and investors alike.

Cosmos’ mission to create the “internet of blockchains” makes it a unique project. Its role in simplifying cross-chain communication ensures it’s one of the best crypto to buy for anyone eyeing the future of blockchain technology.

Chainlink (LINK) 

Chainlink is revolutionising how smart contracts interact with real-world information. Its decentralised oracle network provides reliable data feeds for DeFi, gaming, and other blockchain applications, making it an indispensable part of the Web3 ecosystem. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is expanding its use cases across multiple blockchains. Its staking programme is also gaining traction, allowing LINK holders to earn rewards while supporting the network.

Chainlink’s ability to integrate real-world data into blockchain applications makes it essential. Its expanding ecosystem cements its position as one of the best crypto to buy for investors seeking innovative projects.

Final Thoughts

These 5 cryptocurrencies are not just making headlines; they’re shaping the future of blockchain technology. Qubetics stands out for its asset tokenisation marketplace, while Avalanche, Polkadot, Cosmos, and Chainlink  are leading the way with innovative solutions.

If you’re looking for the best crypto to buy, now is the time to act. With the $TICS presale heating up, the opportunity to invest early won’t last forever. Don’t miss your chance to be part of the next wave of blockchain success stories.

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DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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According to CoinMarketCap data, the global crypto market cap is $3.42T, a 1.03% increase over the last day.Bitcoin (BTC) has traded between $95,694 and $97,179 over the past 24 hours. As of 09:30 AM (UTC) today, it is trading at $96,888, up by 0.23%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include CVX, ZRO, and THETA, up by 37%, 28%, and 23%, respectively.Top stories of the day:Japan's Financial Services Agency Revisits Stablecoin Rules, Restricts Issuance to Trust BanksXRP Market Cap Surges to $110.5 Billion, Climbs Global Asset RankingsGlobal Bitcoin ETFs Reach Record Holdings of 1.26 Million BTC Worth $123 BillionReport: 9 New Bitcoin Spot ETFs Acquire 826,792 BTC Since Launch in the U.SGrayscale’s Crypto Portfolio Surges 85%, Fueled by Triple-Digit Altcoin GrowthMichael Saylor: 60 Public Companies Can Issue Equity to Acquire BitcoinMarket movers:ETH: $3694.89 (+0.29%)SOL: $237.11 (-2.66%)XRP: $1.9243 (+1.96%)BNB: $655.08 (-1.76%)DOGE: $0.42654 (-0.38%)ADA: $1.0698 (-3.78%)AVAX: $44.14 (-3.35%)TRX: $0.2077 (+1.27%)SHIB: $0.00002956 (+10.75%)TON: $6.767 (+2.34%)

The crypto market is riding a wave of growth, driven by significant progress and upward trends across key blockchain platforms. With Solana’s DEX trading volume hitting an astounding $100 billion in a month and Avalanche displaying a favorable price trajectory, the scene is ripe for prime crypto ventures.

Amidst this market boom, BlockDAG (BDAG) emerges as a standout player. It has vaulted past the $152.5 million mark in its presale, with industry watchers foreseeing a surge to $30 by 2030. The excitement builds with BlockDAG’s Black Friday event, offering a whopping 150% additional coins with the code BLACKFRIDAY150—arguably the season’s best deal in crypto.

Solana’s Trading Volume Achieves Historic Highs

Solana’s decentralized exchange (DEX) has witnessed a monumental $100 billion trading volume within a month, a testament to its robust platform. Famed for its minimal fees and swift transactions, Solana continues to attract traders looking for effective trading solutions.

This surge underscores the increasing allure of Solana’s DeFi ecosystem, with entities like Orca and Raydium enhancing liquidity and fostering wider adoption. Predictions suggest Solana could reach between $350 and $500 by the end of 2024, affirming its leadership in the crypto domain.

Avalanche Price Forecast: Bright Future Ahead?

Recent evaluations of Avalanche reveal a promising upward trend, with a 28.3% increase in the last week alone, and a further 6.28% rise over the past month. With its price currently at $43.5, Avalanche draws attention with its distinctive algorithm and quick processing capabilities.

By the close of 2025, Avalanche is projected to soar to $418, supported by its technological advances and broader market trends. This forecast underscores the platform’s potential and its capacity to leverage growing adoption and innovation in the crypto sphere.

BlockDAG’s Swift Expansion Enhances $30 Projections, Seize a 150% Bonus Opportunity!

The cryptocurrency market is riding a wave of optimism, highlighted by Solana’s trading volume exceeding $100 billion in a single month and Avalanche’s positive price trends predicting notable increases. BlockDAG is emerging as a formidable force in this thriving environment with substantial growth potential.

BlockDAG’s presale recently hit an impressive milestone, surpassing $152.5 million. With Batch 26 pricing BDAG coins at $0.0234 and having sold over 16.6 billion coins, the trajectory of BlockDAG’s growth is unprecedented. Analysts see BDAG potentially hitting $30 by 2030, fueled by this rapid expansion. Now, consider the impact for purchasers using the ongoing Black Friday bonus code, offering an extra 150% for the next two days—a prime chance to build lasting wealth.

The strategic roadmap for this project includes pivotal upgrades like the completion of its Mainnet development, which is currently in the audit phase and drawing keen interest from blockchain developers keen to tap into this advanced architecture.

Furthermore, the X1 Miner app continuously integrates new miners into BlockDAG’s ecosystem. This app allows users to mine up to 20 BDAG coins daily on their smartphones without heavy battery or data use. With over 200,000 active users, the app’s popularity underscores BlockDAG’s expansive and engaged community.

These developments make BlockDAG a highly attractive option for large-scale buyers. Analysts project a $30 valuation for BDAG coins by 2030. As developers and miners gravitate towards the network, BlockDAG solidifies its position as a leading presale in the cryptocurrency market.

Leading the Crypto Charge: BlockDAG at the Forefront

BlockDAG’s presale is setting new standards with extraordinary incentives like the 150% Black Friday bonus, having already amassed over $152.5 million. This surge positions BlockDAG on a path that could lead to a monumental breakthrough. With a potential target price of $30 by 2030, fueled by its robust core and increasing developer interest, BlockDAG’s prospects look bright.

While Solana breaks records with its trading volume and Avalanche experiences significant price growth, BlockDAG captures unparalleled market interest. Positioned as the top presale crypto of 2024, BlockDAG’s batches are quickly snapped up, supported eagerly by blockchain developers, and boosted by the widespread adoption of the X1 Miner app.

Presale: https://purchase.blockdag.network

Website: https://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 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.

AVAX rallies 167% after August lows but faces key resistance at $48. Can Avalanche rally to $100?

$AVAX
AVAX/USDT Analysis💴💶💷💵🎯
Current Price: $45.17, with a +2.40% increase in the last 24 hours.
24h High: $46.26
24h Low: $43.65
24h Volume:💲
AVAX Volume: 2.97 million AVAX
USDT Volume: $133.03 million
Moving Averages (MA):🤑
MA(7): $45.17
MA(25): $44.75
MA(99): $43.38
Support and Resistance Levels:💰
Support Level: $43.65 (24h low)
Resistance Level: $46.26 (24h high)
Market Depth and Volume:💥
Volume: The substantial 24-hour volume of 2.97 million AVAX traded indicates solid liquidity and trader interest.
Analysis:💸
AVAX/USDT is showing moderate gains, climbing by 2.40%. It is currently trading near the 7-day moving average of $45.17, signaling potential consolidation around this level. The 99-day moving average at $43.38 suggests strong long-term support. A test of the $46.26 resistance could indicate a breakout if bullish momentum persists.
Trading Strategy:🚀
1. Entry Point: Consider entering near $44.00–$44.50 for an opportunity at a pullback.
2. Target: A breakout above $46.26 could push the price to the next resistance level at $48.00.
3. Stop-Loss: Place a stop-loss below $43.65 to mitigate downside risks.
Conclusion:🛑
AVAX/USDT is gaining momentum with positive market sentiment, supported by steady volume. Watch for a potential breakout above $46.26 to confirm further gains, while monitoring support around $43.65 for a pullback opportunity.
#AVAX #ThanksgivingBTCMoves #AIAndGameFiBoom #trading #write2earn!

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Avalanche is up 3.16% today against the US Dollar

AVAX/BTC increased by 3.22% today

Avalanche is currently trading 24.10% below our prediction on Dec 05, 2024

Avalanche gained 81.36% in the last month and is up 105.65% since 1 year ago

Avalanche price $ 45.71 Avalanche prediction $ 60.23 (32.57%) Sentiment Bullish Fear & Greed index 84 (Extreme Greed) Key support levels $ 43.40, $ 41.85, $ 41.02 Key resistance levels $ 45.77, $ 46.60, $ 48.15

AVAX price is expected to rise by 32.57% in the next 5 days according to our Avalanche price prediction

Avalanche price today is trading at $ 45.71 after gaining 3.16% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 4.47% in the same time period. AVAX performed well against BTC today and recorded a 3.22% gain against the world’s largest cryptocurrency.

According to our Avalanche price prediction, AVAX is expected to reach a price of $ 60.23 by Dec 05, 2024. This would represent a 32.57% price increase for AVAX in the next 5 days.

AVAX Price Prediction Chart

Buy/Sell Avalanche

What has been going on with Avalanche in the last 30 days

Avalanche has been displaying a positive trend recently, as the coin gained 81.36% in the last 30-days. The medium-term trend for Avalanche has been bullish, with AVAX increasing by 104.44% in the last 3 months. The long-term picture for Avalanche has been positive, as AVAX is currently displaying a 105.65% 1-year price change. On this day last year, AVAX was trading at $ 22.23.

Avalanche reached its all-time high price on Nov 21, 2021, when the price of AVAX peaked at $ 146.18. The current AVAX cycle high is $ 65.26, while the cycle low is at $ 8.69. AVAX has been displaying high volatility recently – the 1-month volatility of the coin is at 19.78. Avalanche recorded 16 green days in the last 30 days.

Avalanche technical analysis for today - Nov 30, 2024

The sentiment in the Avalanche markets is currently Bullish, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $ 43.40, $ 41.85 and $ 41.02, while $ 45.77, $ 46.60 and $ 48.15 are the key resistance levels.

Bullish sentiment for Avalanche

29 indicators are currently signaling a bullish prediction for Avalanche, while 4 indicators are showing a bearish forecast. With 88% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Avalanche.

Crypto market is currently experiencing Extreme Greed

Currently, the Fear & Greed index is at 84 (Extreme Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Avalanche moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Avalanche is positioned in the market right now.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 37.93 (BUY) $ 35.43 (BUY) - - MA5 $ 40.21 (BUY) $ 33.01 (BUY) - - MA10 $ 39.47 (BUY) $ 30.60 (BUY) - - MA21 $ 36.80 (BUY) $ 28.86 (BUY) $ 7.21 (BUY) $ 28.92 (BUY) MA50 $ 30.73 (BUY) $ 27.22 (BUY) $ 21.55 (BUY) $ 28.83 (BUY) MA100 $ 28.08 (BUY) $ 27.13 (BUY) -$ 9.84 (BUY) $ 24.17 (BUY) MA200 $ 30.10 (BUY) $ 28.53 (BUY) $ 6.32 (BUY) $ 4.16 (BUY)

Period Value Action RSI (14) 74.91 SELL Stoch RSI (14) 86.97 SELL Stochastic Fast (14) 82.67 SELL Commodity Channel Index (20) 66.67 NEUTRAL Average Directional Index (14) 41.51 BUY Awesome Oscillator (5, 34) 10.49 NEUTRAL Momentum (10) 10.68 NEUTRAL MACD (12, 26) 0.60 NEUTRAL Williams Percent Range (14) -17.33 SELL Ultimate Oscillator (7, 14, 28) 56.95 NEUTRAL VWMA (10) 41.63 BUY Hull Moving Average (9) 44.16 BUY Ichimoku Cloud B/L (9, 26, 52, 26) 35.09 NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Avalanche is at 74.91, suggesting that AVAX is currently overbought.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Avalanche over the last 50 days. Currently, Avalanche is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the AVAX closing price for the last 200 days. AVAX is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Avalanche prediction

After considering the above factors, we can conclude that the current forecast for Avalanche price prediction is Bullish. AVAX would have to increase by 32.57% to hit our $ 60.23 target within the next five days. Moving forward, it will be important to monitor the AVAX market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Avalanche price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.