Orange recommends the recent rise in wealth coins:
ROSE
Oasis Network is a top-level blockchain that focuses on scalability and privacy through confidential computing. Its outstanding feature is the layered architecture, which separates consensus from computing, thereby helping to achieve scalability and confidentiality. The network's native token ROSE is used to pay gas fees, pledge, delegation and governance.
The token fell 0.95% in the past 24 hours and rose 21.3% in the past week.
ROSE is currently showing signs of a potential breakout. According to a cryptocurrency analyst, its weekly chart shows an attempt to break through a large descending wedge pattern. The first target of this breakthrough is between $0.133 and $0.155. If successful, this could attract new investors and draw a lot of attention to ROSE.
HNT
DePIN project Helium (HNT), a network that utilizes a decentralized global network of wireless hotspot providers and doubles as a miner, has remained strong despite the market's difficulties, and has been basically flat in the past 24 hours.
According to CoinMarketCap, the year-to-date gain is: 425%.
HNT’s market cap was recently around $1.249 billion. This is still a cheap valuation for those who believe in the project’s long-term vision.
Bulls hope that HNT can soon break through its 20DMA and return to its yearly highs of around $11.
SHIB
Last but not least is Shiba Inu (SHIB), the meme coin that has taken the crypto world by storm. While SHIB has seen huge gains in the past, its future looks even brighter with the development of the project’s own layer 2 blockchain, Shibarium. The upcoming launch of ShibaSwap and ShibaNet will expand SHIB’s influence into the DeFi and NFT sectors, further solidifying its status as more than just a meme.
With the support of one of the most passionate communities in the crypto space, SHIB is poised for another explosive growth. Predicting a 10x return on the token by the time the bull run arrives in early 2025, the token remains a high-risk, high-reward investment for those who believe in the power of community-driven growth.
Down 0.71% in the past 24 hours and up 9.8% in the past week.
