Altcoin
Successful Beta Service launch of SOMESING, ‘My Hand-Carry Studio Karaoke App’
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2 months agoon
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adminSep 6, 2024 14:14 UTC
| Updated:
Sep 6, 2024 at 14:14 UTC
By Clark
An opportunity is here for small (retail) crypto investors to become millionaires through small blocks of investment in altcoins, as crypto investment experts highlight ETFSwap (ETFS), Ondo finance (ONDO), Near Protocol (NEAR), and Polygon as the four DeFi altcoins to make its early investors millionaires. Major buy alerts have since gone off for these DeFi altcoins as many small investors are starting to take advantage.
ETFSwap (ETFS) Is The Small Investor’s Best Bet
ETFSwap (ETFS) is the focus of DeFi analysts as they highlight its native ETFS altcoin as the small investor’s best bet to becoming a millionaire in 2024. The ETFS altcoin powers a decentralized infrastructure of institutional ETFs in cryptocurrency to introduce a transformative era in Web3 offerings. ETFSwap (ETFS) leverages blockchain technology to integrate the traditional finance market into the crypto market through tokenized ETFs. The ETFSwap (ETFS) ecosystem makes it very easy for small investors to make millions through small blocks of investment in high-liquid real-world assets on-chain.
Using the trade-to-earn ETFS altcoin, investors get to leverage the 100X multiplier on underlying assets and financial derivatives, as they also minimize volatility by investing in fixed-income ETFs on the trading platform. ETFSwap (ETFS) makes trading seamless and profitable as traders get to swap altcoins seamlessly and securely via multiple markets and at very low costs. The ETFSwap (ETFS) trading platform then compounds investor profit with an 87% APR for holding and using the ETFS altcoin to transact and interact within its ecosystem.
The ETFSwap (ETFS) trading platform is built to make small investors millionaires, and many are already joining its ongoing presale. With over $4 million raised already, its $0.01831 price is the perfect entry for small investors to position for millions in ROI before the window closes. Hurry now and buy a stake in the presale before the predicted 27,402% surge to $5 happens upon launch on major exchanges.
Polygon (MATIC) Is Still Undervalued
Crypto investment experts say Polygon (MATIC) is still very undervalued at the $0.4 price range, hence the Polygon (MATIC) altcoin is a smart buy for small investors who want to become millionaires in 2024. With Polygon (MATIC) recently making the headlines with its new community grant worth $1 billion in 10 years, major DeFi stakeholders have tipped its ecosystem to gain increased adoption and strategic partnerships.
The Polygon (MATIC) ecosystem is advancing the implementation of zK-rollups and other scaling solutions to boost its transaction speed and increase cost efficiency. Hence small investors should be looking at an investment in Polygon (MATIC) in 2024.
Near Protocol (NEAR) Set To Be Profitable
Near Protocol (NEAR) is another altcoin for small investors in 2024. With major DeFi analysts pointing out that Near Protocol is still massively undervalued at its current $3 price range, the Near Protocol Layer-1 decentralized algorithms for smart contracts are set to rally its NEAR altcoin as high as $10 in 2024.
Near Protocol is working on finance algorithms to allow Web3 developers to build payment and smart contract systems for efficient bulk transactions with DeFi altcoins. Little wonder crypto investment experts send out buy alerts to leverage the cheap price of Near Protocol before the incoming ecosystem boom.
Ondo Finance Is Building A Next-Gen Decentralized Infrastructure
Ondo Finance (ONDO) completes the list of the four altcoins for small investors in 2024. Ondo Finance (ONDO) has been tipped to make its early adopters millions through its institutional-grade finance and services. Ondo Finance (ONDO) is leveraging the recent adoption of real-world assets (RWAs) in the crypto space to provide an investment platform for traditional investment on-chain.
With its decentralized infrastructure, Ondo Finance (ONDO) aims to carry along all of its ecosystem users in decision-making and infrastructure upgrades through its DAO. Little wonder Ondo Finance (ONDO) is poised for long-term ecosystem sustainability and DeFi importance.
Conclusion
ETFSwap (ETFS), Ondo finance (ONDO), Near Protocol (NEAR), and Polygon (MATIC) are advancing DeFi profitability through their next-gen ecosystems, with their altcoins at cheap prices. Small investors can particularly leverage the $0.01831 price of ETFSwap (ETFS) to become millionaires in 2024 upon launch on major exchanges.
For more information about the ETFS Presale:
Clark
Head of the technology.
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PONKE Price Skyrockets 19% On Binance Support, What’s Next?
Published
3 days agoon
November 4, 2024By
adminThe Solana meme coin Ponke (PONKE) saw its price soar by 19% following Binance’s announcement of a USDⓈ-Margined PONKEUSDT Perpetual Contract. Set to launch on November 4, 2024, this contract offers users up to 75x leverage, signaling increased opportunities for traders and heightened optimism among PONKE supporters.
PONKE Price Rockets Amid Major Binance Support
According to Binance’s official announcement, the PONKEUSDT perpetual contract will go live on November 4 at 12:30 UTC, providing traders with 75x leverage and 24/7 trading. Key features include a tick size of 0.00001 and a capped funding rate of ±2.00%, with funding fees settled every four hours. Binance’s Multi-Assets Mode further allows users to utilize BTC as collateral, offering flexibility in margin trading. However, the exchange may adjust contract specifications, such as funding fees, leverage, and tick size, based on evolving market conditions, ensuring the asset aligns with market risk levels.
#Binance Futures will launch the USDⓈ-Margined $PONKE Perpetual Contract at
🗓️ Nov 4 2024, 12:30 (UTC)
Read more ➡️ https://t.co/kqrmZqnEp6 pic.twitter.com/LQPUlMOBOR
— Binance Futures (@BinanceFutures) November 4, 2024
PONKE, built on Solana, benefits from the blockchain’s high-speed and low-cost transactions, catering to online traders and gaming enthusiasts. The coin’s community-driven design, distinct tokenomics, and accessibility through major exchanges contribute to its market appeal. Its #ponkyarmy community is particularly active, with governance roles and a dedicated social media presence that drive further engagement and growth.
Will The Rally Sustain?
Following the Binance listing news, PONKE’s price surged by 19%, currently trading at $0.49, with a 24-hour low of $0.43 and a high of $0.56. Its trading volume climbed to $77 million in the last 24 hours, indicating heightened interest. PONKE, with a market cap of $274 million, continues to capture the attention of meme coin enthusiasts. Besides, recent Coinglass data also highlights increased open interest for PONKE, signaling optimism for further gains.
Launched in late 2023 with a total supply of 555 million tokens, PONKE has already achieved an all-time high of $0.70 four months ago. Its deflationary burn mechanism and community-driven features have positioned PONKE uniquely within the Solana ecosystem, drawing both meme coin fans and investors seeking growth in Solana-based assets.
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.
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Crypto Market Awaits FOMC; How Will US Fed Rate Cut Impact Bitcoin & Altcoins?
Published
4 days agoon
November 3, 2024By
adminThe crypto market eagerly awaits the upcoming FOMC interest-rate decision by the US Federal Reserve this week. It is one of the highly anticipated events this week, which is expected to shape the sentiments in the digital assets space, potentially setting the path for Bitcoin and other altcoins. Although the market is anticipating a dovish stance by the central bank, any other move could trigger a selling pressure in the market.
Crypto Market Enters Crucial Week With FOMC In Focus
The crypto market enters a crucial week with a flurry of events scheduled that could shape the future of digital assets. Among these, the market participants are eagerly waiting for the upcoming FOMC for cues over the central bank’s stance on their monetary stimulus plans.
Notably, concerns mounted over the past few days over a potential pause in the US Fed’s rate cut plans, especially with the economic data weighing on traders’ sentiment. However, the latest US Job report appears to have shrugged off concerns, while cementing bets towards a 25 bps Fed rate cut next week.
The latest Job data showed weaker job creation in the US in October, with the unemployment rate remaining unchanged from September. This has fueled hopes of two more rate cuts this year, one being in next week and the other in December. According to the CME FedWatch Tool, there is about a 99% chance of a 0.25% point cut in November.
This has also sparked investors’ hopes towards a potential rally for Bitcoin price and other top altcoins. Usually, the lower interest rates raise the risk-bet appetite of investors, potentially benefiting digital assets, stocks, gold, and other risker assets.
Will Bitcoin And Altcoins Rally?
The crypto market participants are anticipating the upcoming FOMC to trigger a rally in Bitcoin and altcoin prices. Besides, the US Presidential Election, scheduled for November 5, will also play a key role in shaping the future of the broader financial markets, let alone the digital assets space.
Notably, the market is anticipating a potential upward momentum for crypto, irrespective of Donald Trump or Kamala Harris’s victory. Although the market anticipates Donald Trump’s win to provide more boost to the crypto market, a recent Bitcoin price analysis suggests that Kamala Harris’s victory could also propel a market rally.
On the other hand, historically, Bitcoin tends to showcase a positive performance in the fourth quarter of the year. Having said that, the market anticipates a similar performance in 2024, while many expect the other altcoins to follow suit.
However, many in the crypto community also warned over potential volatility in the market due to the upcoming US election. Considering that, the investors should exercise due diligence while putting their bets into the assets.
Rupam Roy
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.
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.
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Altcoin Rally Won’t Happen Until 2025 As Bitcoin Eyes 60% Market Dominance
Published
3 weeks agoon
October 17, 2024By
adminWhile the Bitcoin (BTC) price has been eyeing a move above $70,000 recently, top altcoins like Ethereum (ETH), BNB, and Solana (SOL) have picked up much pace in this resurgence. Market analysts believe that it’s too early to call for an altcoin rally and might not happen in the fourth quarter of this year.
Don’t Expect An Altcoin Rally in Q4 2024, Here’s Why
Popular crypto analyst Benjamin Cowen stated that the current drop in the ALT/BTC pairs is mainly due to the drop in the net liquidity along with the strengthening of the U.S. Dollar Index (DXY). He believes that this trend will continue until 2025 while pushing the Bitcoin market dominance even higher this quarter.
Cowen predicts that BTC dominance will peak around 60% between September and December 2024, and might as well overshoot this milestone. He expects the dominance uptrend to end by early January 2025.
The reason #ALT / #BTC pairs are stuck in traffic on struggle street is because net liquidity is dropping (because #DXY is rallying).
I would not expect this trend to change until 2025, and is why #BTC dominance should keep going higher to reach the 60% milestone. pic.twitter.com/pVbykDtI0R
— Benjamin Cowen (@intocryptoverse) October 16, 2024
However, with the potential for interest rate cuts and the reintroduction of quantitative easing (QE), Cowen suggests that 2025 will bring about different market conditions that could shift the dynamics for altcoins. Here’s the list of some best altcoins to bet on before the rally begins.
Bitcoin Eyes 60% Market Dominance
As the odds of a Donald Trump victory in the upcoming US Presidential elections improve, analysts are hopeful that he might end the crypto regulatory headlock as seen during the Biden administration.
On the other hand, the demand for spot Bitcoin ETFs has skyrocketed this week clocking nearly $1.4 billion in inflows within the first three days of the week. The BlackRock Bitcoin ETF IBIT has been leading the pack taking its total inflows above $22.5 billion since inception in January. Vetle Lunde, the Head of Research at K33 Research writes:
“After super strong ETF flows lately, new milestones have been reached! Yesterday, U.S. spot ETFs surpassed 950,000 BTC under management, marking a new all-time high. These relentless flows have pushed global BTC ETP beyond 1.2m BTC for the first time”.
Another reason why Bitcoin dominates over altcoins is that the BTC whale transactions have reached their highest in over 10 weeks with 11,697 transfers exceeding $100,000 on Tuesday, earlier this week.
Furthermore, on-chain data provider Santiment reports that social media discussions have shifted heavily toward Bitcoin over altcoins, with the leading cryptocurrency accounting for more than a quarter of all crypto-related conversations. This comes as Bitcoin’s price surpassed $68,000 for the first time since July, drawing heightened attention from traders.
Bhushan Akolkar
Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.
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.
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