The token market is booming as the price of Ethereum tops $4,000 and approaches a market cap of $500 million. Against the backdrop of an overall market rally, specific coins are expected to see huge gains, especially with today’s Dencun upgrade on the horizon. This upgrade is expected to bring huge growth to the aggregation solution project’s token by introducing Blobs to increase transaction outputs and reduce fees.
1. The potential of Layer-2 tokens
Layer-2 tokens have shown strong breakout potential, especially the ARB token. Demand has increased significantly along with the Dencun hype as the price is ready to break out again. Additionally, ARB price action is showing signs of a round bottom breakout run, signaling a strong uptrend.
2. Optimism drives the second-tier bull market
Amid the Dencun hype, the Optimism token has also gained momentum. Although the price increase has been relatively conservative, OP token has shown strong upward momentum with the recent break above the $4 mark. The daily chart shows a wedge formation, while the recent intraday gains mark a successful retest rally.
3. Polygon’s bull market is coming
The MATIC token has also shown strong upward momentum, with buyers driving the price significantly higher as the weekly chart turns bullish. The price of Layer-2 tokens has increased significantly, indicating a breakthrough in the supply line. Based on Fibonacci levels, MATIC price is ready to challenge higher levels, showing a strong growth trend.
The potential of the token market is unlimited
在 Dencun 升级即将到来的背景下，Layer-2 代币市场展现出了强劲的增长势头。特定代币的突破预示着更高的收益，而乐观情绪和市场上涨的趋势也将推动着代币市场的进一步发展。
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