Connect with us

Altcoins to buy

4 Ethereum Coins Turning $100 to $1000 As December Ends

Published

6 days ago

on


As December comes to a close, the crypto market is in a cool-off phase. Bitcoin (BTC) has dipped to trade at $94,000, and Ethereum (ETH) has fallen to the $3,300 range. Additionally, top altcoins exhibit bearish momentum, losing between 1% and 5% in the past 24 hours. Amid this cautious market, four Ethereum coins—Phala Network (PHA), Minotaurus (MTAUR), Virtuals Protocol (VIRTUAL), and DeXe (DEXE)—are showing remarkable potential to deliver significant returns.

4 Ethereum Coins Turning $100 to $1000 As December Comes to a Close

Here are Ethereum-based tokens standing out in the bear market, earning investors substantial returns, as December ends, ushering in a new year.

1. Virtuals Protocol (VIRTUAL): Ethereum Coin Ring the AI Hype

Virtuals Protocol (VIRTUAL) has emerged as one of the top crypto gainers today, achieving a new all-time high of $3.58, before retracting to its current price of $3.44 after surging 15% in 24 hours. The Ethereum token has surged by 257.23% over the last month, propelled by the rapidly expanding AI and metaverse sectors.

Virtuals Protocol (VIRTUAL) price chart
Virtuals Protocol (VIRTUAL) price chart

Expecting a compound annual growth rate (CAGR) of 45% in the AI agents industry, VIRTUAL’s incorporation of AI and Big Data is revolutionary.

Key drivers of VIRTUAL’s success include:

  • Binance listing: The coin’s price spiked after its listing on Binance, attracting significant whale interest.
  • Metaverse integration: VIRTUAL leverages AI to create immersive digital experiences and generative AI applications.
  • Technical outlook: The coin recently invalidated a bearish double-top pattern, breaking above $3.31 resistance. Analysts expect its bullish momentum to continue, with a potential target of $5 by 2025.

Investors keen on cutting-edge AI and metaverse projects should consider VIRTUAL as a transformative opportunity.

2. Minotaurus (MTAUR): A Rising Star in Web3 Gaming

Minotaurus (MTAUR) is gaining traction in the blockchain-powered gaming sector, as December comes to a closure. MTAUR tokens are attractively priced at 0.00006001 USDT in its current presale—a 70% reduction from the anticipated listing price of 0.00020 USDT, following an even lower initial price of 0.000040 USDT, demonstrating growth of over 200%.

Minotaurus Tokenomics
Minotaurus Tokenomics

Designed for the Minotaurus game, MTAUR facilitates access to advanced features, offering referral-based incentives and vesting-linked benefits.

Key highlights:

  • Audited smart contracts: Verified by SolidProof and Coinsult, ensuring a secure and transparent ecosystem.
  • Gaming industry growth: As Web3 gaming expands, MTAUR’s unique incentives make it a promising contender.

With its strategic focus on gamification and community engagement, MTAUR is poised for long-term success, as an early-stage cryptocurrency.

3. Phala Network (PHA): AI Meets Blockchain

Phala Network (PHA) is revolutionizing Web3 AI by integrating artificial intelligence with blockchain technology. It has rallied 245.08% over the past month to trade today at $0.5385, with significant momentum following its listing in Bitget’s Innovation Zone. Bitget’s promotional zero-fee trading offer and its reputation as a leading Web3 exchange have further fueled PHA’s rise.

Phala Network (PHA) price chart
Phala Network (PHA) price chart

Key innovations include:

  • AI-agent contract: A groundbreaking feature enabling tamper-proof AI agents to interact with on-chain smart contracts.
  • Developer tools: Advanced frameworks for creating decentralized, AI-driven applications.

Phala Network’s emphasis on enhancing Web3 AI functionalities establishes it as a frontrunner in the industry, presenting an attractive opportunity for technology-oriented investors.

4. DeXe (DEXE): The Ethereum Coin is the Backbone of DAO Innovation

DeXe (DEXE) is driving innovation in decentralized autonomous organizations (DAOs). Its protocol fosters sustainable DAO growth by emphasizing meritocracy, incentive alignment, and expert participation. Governed by the DeXe DAO, the $DEXE token serves as its governance tool. Priced at $12.96, the token saw increased market activity with its 24-hour trading volume skyrocketing by 84.45% to $740.53 million.

DeXe (DEXE) price chart

Key features:

  • Meritocratic governance: A unique infrastructure designed for effective and scalable DAO operations.
  • Increased participation: Active incentives encourage meaningful member contributions.

With a year-to-date gain of 236.11%, DEXE is an attractive Ethereum token for investors interested in decentralized governance systems.

Final Thoughts

Despite the broader market’s bearish momentum, VIRTUAL, MTAUR, PHA, and DEXE offer exceptional potential for investors aiming to turn $100 into $1000. Their innovative approaches to AI, gaming, Web3, and DAOs set them apart as standout performers. With these Ethereum coins gaining traction, the holiday season might still bring festive returns for crypto enthusiasts.

Frequently Asked Questions (FAQs)

Phala Network (PHA), Minotaurus (MTAUR), Virtuals Protocol (VIRTUAL), and DeXe (DEXE) are top picks with high growth potential.

VIRTUAL excels in AI and Big Data integration, boasting a 257.23% price surge in a month and significant whale interest.

MTAUR powers Web3 gaming innovations with referral-based bonuses, smart contract security, and community-driven features.

PHA’s listing on Bitget and its integration of AI with blockchain technology have fueled a 245.08% monthly price increase.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

24/7 Cryptocurrency News

Why Is GMT Price Skyrocketing 40% While the Crypto Market is Falling?

Published

1 week ago

on

December 28, 2024

By


In a series of surprising events, the GMT price began skyrocketing, especially today, as it’s up 40%. It’s surprising, as the token has been under a major downtrend and consolidation for years. Interestingly, the token is up when the crypto market is falling, gaining every investor’s attention. So, let’s discuss why the FSL ecosystem’s native token is pumping out of the blue.

GMT Price Booming With Increased Trading Volume & OI

STEPN GMT’s price began rising around a month ago, but it fell short and declined again with the crypto market’s downtrend. After that, it hit the month’s bottom at $0.129 before starting a recovery three days ago. This happened because investors’ trading activity increased its demand. This becomes clearer when the 24-hour trading volume hits $1.92B after a 228.37% surge. Additionally, the Coinglass reports reveal a 63% increase in Open Interest.

As a result, the GMT token’s price has surged 40% over the last 24 hours. More importantly, it’s up by 60% over the week, pushing its market capitalization to $621.89M. Interestingly, there is no significant reason behind this increased investor interest, but there was a spike in short liquidations in December. Although this suggests that traders are betting against the current surge, they got liquidated with the GMT price rally.

GMT Token LiquidationGMT Token Liquidation

Eventually, the shorts began rebuying the assets and accelerating the STEPN token price. However, in contrast, the crypto exchange has witnessed an increased inflow of the GMT token. If this inflow or dumping continues, it could eventually affect the GMT price. Additionally, a possible Bitcoin price crash to $60k could influence the entire crypto market’s performance, including GMT.

Will GMT’s Price Rally Sustain?

After a 60% rally over the week, the GMT chart is forming an inverse head and shoulders pattern, which is a sign of a potential bullish reversal. Additionally, the RSI is bullish, adding to the previous outlook, but it’s near the overbuying zone, which could change things in the long term.

However, the Awesome Oscillator is flipping bullish as it attempts to flip above the zero mean level. With that, a breakout above $0.248 could push the STEPN GMT token to $0.4155. However, the price could drop to $0.161 before this breakout, but any move down to $0.161 could disturb the bullish momentum. Careful consideration and strategic trades need to be placed between these zones.

GMT Price PredictionGMT Price Prediction

What Investor’s Should Do?

The FSL ecosystem’s token hit its prime around three and half years ago when it achieved the ATH of $4.11. However, with years of struggle, the target has moved 95% away from that, putting the long holder in a major loss. However, the current situation has opened the opportunity for immediate gains, as the GMT price is constantly moving upwards. As a result, the investors are also getting ready for sale with the inflows rising on the crypto exchanges. Clear strategic planning and careful trades are needed to earn profits, as the STEPN GMT token’s chart forms an inverse head and shoulders pattern. This could push the price to $0.4155 and higher if things went well.

✓ Share:

Pooja Khardia

With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.

As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

Altcoins to buy

5 DeFi Coins to Accumulate Today as Trump Goes Bullish on Decentralized Finance: 

Published

2 weeks ago

on

December 21, 2024

By


U.S. President Donald Trump’s apparent enthusiasm for blockchain technology and decentralized finance (DeFi) has sparked debates on whether DeFi initiatives can once again change the world financial scene. Smart investors are searching for top-performing DeFi cryptocurrencies that could offer exponential returns as blockchain systems continue to evolve and demand for decentralized solutions rises. Below are five DeFi coins—Rexas Finance (RXS), Polkadot (DOT), Cardano (ADA), Mantle (MNT), and Tron (TRX)—that should be in every investor’s portfolio.

5 DEFI Coins to Buy Following Trump’s Bullish Stance on Crypto

1. Rexas Finance (RXS): Transforming Real-World Asset Tokenization

Rising as one of the most innovative participants in the DeFi scene, Rexas Finance (RXS) is bringing mainstream real-world asset (RWA) tokenization. Users  can tokenize real estate, gold, and commodities, as well as intangible items. Rexas Finance democratizes asset investing by allowing fractional ownership of these assets, opening a wider audience.

Rexas Finance TokenomicsRexas Finance Tokenomics

Other key features making it stand out in the DeFi sector are:

  • Enhanced security and investor confidence: With Certik-audited smart contracts, Rexas Finance ensures a secure platform for its users. These audits provide a high level of trust and protection, which has already drawn significant attention from investors.
  • Exciting presale opportunities: Currently in its tenth presale phase, RXS is priced at $0.15. The RWA token  has already raised an impressive $28.6 million and is gearing up for listings on three tier-1 exchanges at $0.20, offering early investors the potential for substantial returns.
  • Cutting-edge tools for DeFi innovation: The platform includes innovative features like Rexas GenAI, an AI-powered NFT generation tool, and the QuickMint Bot, which allows for no-code token creation. These tools set Rexas Finance apart as a leader in DeFi innovation.
  • Strong community engagement: To foster participation, Rexas Finance offers a $1 million prize pool, where 20 lucky winners will each receive $50,000 worth of RXS tokens. This initiative helps build a strong and engaged community around the platform.

With its advanced technology, strategic vision, and focus on inclusivity, Rexas Finance is positioned to outperform many traditional cryptocurrencies. Investors looking for early-stage cryptocurrencies  promising high returns could consider RXS.

2. Polkadot (DOT): DeFi Coin Innovating Cross-Chain Interoperability

Another DeFi coin worth addding to your portfolio is Polkadot (DOT). According to its whitepaper, Polkadot solves one of the main obstacles in the crypto industry by enabling flawless communication between linked blockchain systems with its cross-chain messaging system (XCMP). Its ability to scale and manage large transaction volumes has drawn numerous developers and dApps, increasing investor confidence.

Polkadot price chartPolkadot price chart
Polkadot price chart

In the past month, DOT’s price skyrocketed by 29.51%, hitting $7.42 and attaining a market capitalization of $12.81 billion. By emphasizing decentralized architecture, it guarantees lasting importance in DeFi, positioning DOT as a wise long-term investment.

3. Cardano (ADA)—The Blockchain of the Scientist

Cardano is a DeFi leader that merges academic precision with contemporary technologies, gaining recognition as “The Scientist’s Blockchain.” ADA now has a market cap of $33.42 billion and a current price of $0.952, recording an increase of about 20.92% over the past month.

Cardano price chartCardano price chart

Its two-layered architecture integrates the Cardano Settlement Layer for transactions to enhance performance and the Cardano Computing Layer to capture smart contracts. As a pioneering effort for research-based innovation, the platform is always going to be most favored by developers and investors.

Cardano’s focus on sustainability and scalability makes it a long-term winner as DeFi adoption accelerates. Its premier DeFi platform is strengthened even more by its expanding ecosystem of decentralized apps and smart contract features.

4. Mantle (MNT): Scalable Ethereum Layer-2 Solution

Mantle (MNT) is a rapidly emerging DEFI coin built on Ethereum, employing Optimistic Rollup technology to lower transaction costs and enhance scalability, crucial for Ethereum’s efficiency. Currently priced at $1.21, MNT has risen by 52.46% this month and enjoys an 85% positive market sentiment, with a market cap of $4.06 billion.

Its focus on robust technology and user-friendly design makes it a preferred choice for developers of decentralized applications (dApps), positioning it well in the growing DeFi landscape.

5. Tron (TRX): DeFi Coin Promoting Low-Cost Transactions

With its scalability, cheap transaction fees, and strong support for decentralized applications, Tron (TRX) is making waves in the DeFi industry. With a market capitalization of $21.56 billion and trading at $0.2501, TRX has risen 25.12% over the previous 30 days, showing great development potential.

TRON price chartTRON price chart

The platform distinguishes itself with its Real-World Asset (RWA) tokenizing technology, which lets blockchain-based, safe representations of physical objects come to pass. This is quite similar to the rising trend of combining conventional financial assets with DeFi solutions.

Strongly competitive in the DeFi market, Tron’s effective ecosystem and a growing number of use cases reflect this. Its emphasis on accessibility and creativity guarantees its ongoing expansion as DeFi acceptance speeds up.

Final Thoughts

Leaders in decentralized finance, such as Rexas Finance (RXS), Polkadot (DOT), Cardano (ADA), Mantle (MNT), and Tron (TRX), are revolutionizing traditional financial systems. These DeFi coins offer vast investment opportunities through innovative scalability and asset tokenization. With Donald Trump’s positive views on blockchain technologies, the DeFi market is poised for substantial growth. Investing in these coins now may yield significant profits, marking the future of blockchain innovation.

Frequently Asked Questions (FAQs)

Rexas Finance is revolutionizing asset tokenization, allowing users to tokenize real-world assets like real estate and gold. With secure smart contracts and promising presale opportunities, it’s a top pick for DeFi investors.

Polkadot enhances blockchain interoperability with its cross-chain messaging protocol (XCMP), making it a key player in decentralized applications. Its scalability and strong market performance make it a smart investment.

Cardano stands out for its research-driven approach, sustainable scalability, and robust ecosystem. With a growing platform for decentralized apps and smart contracts, ADA is well-positioned for long-term DeFi success.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading
Advertisement [ethereumads]

Trending

    wpChatIcon