As Bitcoin (BTC) continues to cause huge concern in the market due to its current bearish downtrend, what about the altcoins? Is there hope on the horizon, or are we about to see a wipeout across the board? For those holding altcoin positions the current malaise in the crypto market must be extremely concerning, and very difficult to bear. Should one sell and then wait for the bottom, or are we on the brink of a recovery? Total3 could be heading to $800 billion Source: TradingView The Total3 chart tracks the combined market capitalisation of all cryptocurrencies, excluding $BTC and $ETH. One can see that the price has just fallen through the 0.382 Fibonacci level, and could be heading all the way down to the 0.618 Fibonacci, which would generally line up with the top of the bull flag which saw its peak at the end of March 2024. Bitcoin Dominance stops at 58% or climbs past 62%? Source: TradingView The Bitcoin Dominance chart (BTC.D) is a real conundrum. What initially looked like a confirmed dip below the ascending channel turned into a rally back inside the channel. That said, a trendline may be forming which could reject dominance from the 58% level. If it fails to do so, and dominance can break up through this trendline, plus horizontal resistance, a rise to the top of the channel could take dominance past 62%. Having the courage of one`s convictions With all this bearishness happening across crypto, it must be very difficult for the average investor to stop themselves from just selling up and getting out of the crypto market, perhaps once and for all. That said, markets are not for the weak-minded and those who do not have the courage of their convictions. It has always been the case that investors of this ilk have been crushed under the market bulldozer without pity. The current bull market is so far not acting like the previous ones. The days when this or that altcoin would make absolutely ridiculous gains based on nothing but thin air are probably well and truly over. However, there are certain altcoins that could excel in the coming huge changes to the financial sector, and probably in various other sectors. There is no alternative to doing one’s own research on the fundamentals of these altcoins, and even then, one must have the courage of one’s convictions to hold these altcoins through the worst of times. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Fire Token Launches Presale for Tokenized Bitcoin Mining Operation in Canada
Fire Token has announced the launch of its presale for a tokenized Bitcoin mining operation, Bitzo
Next Big Thing in Crypto? Staking Takes Center Stage—9 Promising Crypto Presale to Buy Before They Skyrocket
Bitcoin and other important cryptocurrencies were impacted by the recent 5.7% decline in Ether. Concerns over President Trump’s trade policy and rising U.S. bond yields have contributed to this fall, which has made cryptocurrency less appealing while strengthening the US dollar. Converting funds to cryptocurrencies is still a major obstacle for investors. With its innovative DeFi technology, which makes trading more than 2,000 currencies easy, DexBoss is addressing this problem. Investors are keeping an eye on the top 9 promising crypto presale, which provide amazing early investment chances before they take off, as staking is growing in popularity as a passive income source. Top 9 Promising Crypto Presale DexBoss (DEBO) Aureal One (DLUME) yPredict (YPRED) Memereum (MEME) LuckHunter (LHUNT) EarthMeta (EMT) Artemis (ARTM) Crypto All Stars (STARS) Flockerz (FLOCK) Early investors have an exciting opportunity to participate in new cryptocurrency projects before they start with the top 9 promising crypto presale to buy before they skyrocket. You can purchase tokens during these presales for less money, and if the project succeeds, you could profit handsomely. Each presale stands out in the congested crypto industry because of its own special characteristics, which range from cutting-edge technology to strong community support. Participating in these presales gives you the opportunity to get in early and even increase your investment as the project becomes more well-known. 1. DexBoss (DEBO) A decentralised finance (DeFi) platform called DexBoss was created to make trading simple for all users, regardless of experience level. In the presale market, its DEBO token is rapidly becoming increasingly well-known. Click here to know more about DexBoss Strong Growth Potential Quick Price Increase: The listing price is $0.0505, whereas the DEBO presale price is $0.011. The market predicts it might increase by 400% during the next bull run. Easy Investment: DEBO tokens are easy to purchase using credit cards, Ethereum (ETH), Binance Coin (BNB), or Matic (MATIC). DexBoss is rapidly becoming known as a solid investment option with remarkable room for expansion, making itself as the promising crypto presale. Key Features Buyback and Burn System: How the buyback and burn deflationary process works is admirable. DexBoss can buy back and burn mechanisms when the DEBO values decline. The action creates a brief scarcity. The value of the token will increase again in a few days. Keeping the network’s token value high is important. This is accomplished via the mechanism. The value of the asset increases with the token value. Simple Trading: The goal of DexBoss is to make trading easy, quick, and safe. It provides both novice and seasoned traders with simple-to-use tools. Liquidity Solution: Liquidity is one of the main problems in cryptocurrency. With cross-compatible technology, DexBoss resolves this issue and instantly helps customers trade more than 2000 currencies. 2. Aureal One (DLUME) Aureal One’s presale price is currently $0.0011, which was $0.0009 at the time of the launch. According to the market, Aureal One prices will soar by 200% if they continue at their current rate. It’s growing in popularity for the following reasons: Innovative Projects: Clash of Tiles and Darklume, two of Aureal One’s flagship projects, provide investors and players with captivating blockchain-based gaming experiences. Low Fees, Quick Transactions: By utilizing Zero Knowledge Rollups to facilitate quick transactions with incredibly low fees, Aureal One makes it easy for users to access the blockchain and metaverse. Scalability and growth: Aureal One’s capacity to handle thousands of transactions per second makes it a strong contender for long-term success and growth. 3. yPredict (YPRED) Axelar co-founder Georgios Vlachos recently discussed his ideas on the AI revolution and predicted that it would create millions of new tokens. With its AI-based tools for cryptocurrency traders, yPredict is a natural fit for this ambition. AI-Powered Trading Tools yPredict gives traders access to AI-powered tools that improve their ability to forecast market patterns. These technologies include automated systems and machine learning models that help traders make decisions. Creative Subscription Services The subscription service offered by yPredict is among its most distinctive characteristics. Individuals can make their AI models available to other traders for a charge. As a result, a platform is created where traders and users can interact and gain knowledge from one another. Future Tech-Based Cryptocurrency One of the promising crypto presale is yPredict, which is in line with the most recent market developments. It is a viable option for the future of decentralised innovation because of its emphasis on AI and machine learning. 4. Memereum (MEME) MEME is a brand-new cryptocurrency initiative that prioritises ease of use and security. It offers “MemeSwap,” a special insurance-backed decentralized exchange (DEX). More than 8,000 people expressed interest in the Memereum presale, which saw over 32.3 million tokens sold. Memereum is expected to rise greatly from its initial price to $0.45 when it debuts on major exchanges. By automatically staking their tokens, early investors can earn a high annual percentage yield (APY) of more than 180%. Additionally, Memereum regularly hosts airdrop contests to maintain community involvement. 5. LuckHunter (LHUNT) A new cryptocurrency project called LuckHunter combines virtual reality and blockchain technology to create an engaging online casino. It provides 3D games such as poker, blackjack, and cryptocurrency slots. Games, incentives, and platform decision-making all employ the LHUNT token. Early customers can buy $LHUNT for just $0.001 USDT during the presale. The best crypto presale could result in large profits after launch since there are 8 billion tokens in total availability, of which 50% are available during presale. 6. EarthMeta (EMT) A cryptocurrency project called EarthMeta builds a digital representation of Earth with actual towns and landmarks. It provides quick transactions with low fees and is based on the Polygon blockchain. Users can earn 1% on transactions by owning and trading virtual cities as NFTs. By selling EMT tokens, the presale hopes to raise $2.8 million. Early purchasers will receive significant staking rewards and bonuses of up to 30%. In order to improve the immersive experience and enable users to explore their virtual territory, EarthMeta also intends to integrate AR and VR. 7. Artemis (ARTM) The new presale coin Artemis aims to use blockchain technology to facilitate online purchasing. With higher security and cheaper fees, it functions similarly to a decentralized Amazon or eBay. Using cryptocurrencies, users can purchase and sell goods without needing middlemen. The token price has increased by 160%, and the ARTMS presale has raised close to $700,000. With superior solutions for international transactions and the debut of its e-commerce platform, Artemis, which operates on well-known blockchains like Ethereum, Solana, and BNB, is a serious candidate for the promising crypto presale. 8. Crypto All Stars (STARS) One of the promising crypto presale of 2024 is Crypto All-Stars (STARS), which is generating excitement in the meme coin market. The presale, which has garnered more than $3 million, rewards early investors with a price that rises with each stage. Its most notable feature is its MemeVault staking system, which offers an uncommonly high return in the meme coin industry of up to 517% APY. 8. Flockerz (FLOCK) One of the best crypto presales is Flockerz (FLOCK), which raised more than $1.25 million in a single month. Flockerz, based on Ethereum, offers a “vote-to-earn” (V2E) mechanism that lets owners of FLOCK cast votes on important choices and receive incentives. At a cheap price of $0.0055, early customers can acquire FLOCK, which offers huge staking rewards of more than 1,300% APY. Flockerz stands out in the market for meme coins because of its community-driven strategy. Conclusion The impact of macroeconomic factors, like robust U.S. economic data and a higher dollar, is highlighted by the recent decrease in cryptocurrency assets, especially Ether. Accepting Bitcoin’s volatility is essential to comprehending market dynamics as it deals with these challenges. With its distinctive mix of user-friendliness, strong growth potential, and essential features like deflationary buyback and burn mechanisms, clear trading tools, and liquidity solutions, DexBoss stands out as one of the upcoming great things in cryptocurrency among these changes. DexBoss leads the pack in the promising crypto presale, along with Aureal One, yPredict, providing investors with chances to take part in a dynamic market. Don’t miss the opportunity to get involved in these early crypto investments and see them take off! The post Next Big Thing in Crypto? Staking Takes Center Stage—9 Promising Crypto Presale to Buy Before They Skyrocket appeared first on TheCoinrise.com . Bitzo