Despite a 10% drop in Bitcoin’s value following the introduction of spot ETFs in the US, the overall sentiment in the cryptocurrency market remains positive. This optimism is reflected in the bullish funding rates of the CD20 perpetual futures index, managed by the Bullish exchange. The CD20, which represents more than 90% of the total market value, comprises a diverse range of cryptocurrencies, with Bitcoin and Ethereum (ETH) making up just over half of its total composition.
Amid the upbeat market vibes, Hashflow (HFT), Jito (JTO), Arbitrum (ARB), and Mantle (MNT) are gaining attention as leading prospects, with predictions indicating they could see gains of up to 2,000%.
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The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters. Through DAO governance, backers will be able to influence and benefit from a multi-billion-dollar industry.
Moreover, the token’s utility is impressive. It’s not another meme coin whose success relies heavily on trends and hype. ScapesMania (MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem.
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ScapesMania, a player in the $376 billion gaming industry, leverages the market’s growth potential. Post-exchange debut, holders can anticipate greater liquidity and easier trading.
The community’s excitement about the project is evident so far, with $4,500,000+ raised to date from crowd/retail contributions alone. Notably, the fundraising amount is growing by $50,000+ daily and the follower count has reached 60K+ and showcases a weekly growth of 12%.
The growing interest from crypto whales with checks of $20,000+ might expedite ScapesMania’s transition from niche to mainstream.
ScapesMania’s smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the award-winning team behind ScapesMania secured a prestigious grant from a prominent player in the blockchain industry.
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Hashflow (HFT): Revolutionizing DeFi with Cross-Chain Trading and DEX Aggregation
Hashflow (HFT) has launched its 2.0 version, introducing significant advancements to its platform. Hashflow 2.0 now stands out as the first DEX to pioneer cross-chain trades between Ethereum and Solana, expanding its reach in the crypto space. Hashflow (HFT) unique Request-for-Quote (RFQ) technology enables lower-cost trading with fast execution. Since its launch in April 2021, Hashflow (HFT) has settled trades worth over $17.6 billion and has amassed more than 80,000 users.
Hashflow (HFT) is currently trading in the range of $0.301 to $0.440. The 10-Day Moving Average is $0.352, and the 100-Day Moving Average is $0.318. The support levels are at $0.091 and $0.231, while the resistance levels are at $0.509 and $0.648.
However, Hashflow (HFT) may keep growing if it widens its products and users. Hashflow (HFT) emphasis on slashing trading costs and speeding up transactions is likely to draw in a growing number of traders. But Hashflow (HFT) needs to keep shaking things up if it wants to stay ahead in the highly competitive market of DeFi. Nevertheless, it’s not just about the platform itself – its future hinges on how widely DeFi is embraced and whether that market can hold steady.
Jito (JTO): Fueling Solana’s DeFi Ecosystem with a Major Airdrop
Jito (JTO), a Solana-based DeFi platform, has launched a significant airdrop, distributing $225 million worth of Jito (JTO) tokens to Solana users. The airdrop has generated excitement in the Solana DeFi community, with over 54 million of the 90 million Jito (JTO) tokens already claimed. Eligible users include JitoSOL holders, Solana validators running Jito MEV clients, and users of Jito (JTO) MEV services. The airdrop’s designed to give retail traders a leg up and bolster the whole Solana DeFi scene.
Jito (JTO) is trading between $1.70 and $3.06. The 10-Day Moving Average is $2.27, and the 100-Day Moving Average is $1.99. The support level is at $0.87, with resistance levels at $3.60 and $4.97.
Jito (JTO) focus on MEV services, combined with the buzz from its recent airdrop, positions it well to capture Solana enthusiasts in the bustling DeFi space. By dishing out airdrops and honing in on MEV services, Jito (JTO) could well snag more users and ramp up the action across its platform. But to truly stand out in the DeFi hustle, Jito (JTO) must keep innovating and really nail down its unique spot. Jito (JTO) success hinges on its knack for rolling out fresh features and building a dedicated crowd.
Arbitrum (ARB): Dominating Ethereum Rollups with Strong Fundamentals
Arbitrum (ARB), a leading scaling solution for Ethereum (ETH), holds nearly half of the total market share in Ethereum (ETH) rollups. With $11.47 billion in locked value, Arbitrum (ARB) fundamentals are robust, characterized by impressive growth in daily transactions and monthly revenue. Of course, there are worries about the flood of new tokens hitting the market soon, but let’s not overlook Arbitrum (ARB) bright spots like its fresh staking feature, tempting short-term rewards, and shiny new EIP-4844 upgrade they’ve rolled out.
Arbitrum (ARB) is trading between $1.59 and $2.43, with a 10-Day Moving Average of $1.92 and a 100-Day Moving Average of $1.99. The support levels are at $0.33 and $1.16, while the resistance levels are at $2.83 and $3.66.
Arbitrum (ARB) is well-positioned in the optimistic rollup sector, with strong market share and fundamentals. Arbitrum (ARB) growth could get a real boost from its new staking options, incentives, and tech upgrades on the horizon. Yet, we must keep an eye on the scheduled release of more tokens into the market, as it might shake things up with unexpected price swings. Arbitrum’s (ARB) success will depend on how it navigates these challenges and continues to innovate in the scaling solution space.
Mantle (MNT): Surging to New Heights in the Crypto Market
Mantle (MNT) has seen a rapid price increase since October 2023, reaching a new all-time high. Mantle (MNT) price surge can be chalked up to a boom in daily trades and the growing optimism from market experts.
Mantle (MNT) price is oscillating between $0.569 and $0.840. The 10-Day Moving Average for MNT is $0.696, with the 100-Day Moving Average at $0.682. Mantle (MNT) has support levels at $0.166 and $0.438, and resistance levels at $0.981 and $1.252.
Based on the charts, it looks like Mantle (MNT) price might keep climbing and could even hit record levels soon. However, falling below certain price levels could invalidate this bullish outlook. Mantle (MNT) future growth will depend on its ability to maintain momentum and attract more users to its platform.
Conclusion
The cryptocurrency market, despite Bitcoin’s recent decline, is showing signs of resilience and optimism. This positive sentiment is reflected in the bullish expectations seen in the CD20 perpetual futures index. Amidst this backdrop, certain cryptocurrencies stand out for their potential for substantial gains. Hashflow (HFT), Jito (JTO), Arbitrum (ARB), Mantle (MNT) are emerging as top contenders, each with unique features and technological advancements. These tokens aren’t just turning heads, they’re expected to skyrocket by as much as 2,000%, showcasing their potential for massive growth in the ever-shifting world of cryptocurrency.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
