Bitcoin’s value could soar to $250,000 after its third halving event takes place. This event has already sparked interest across the crypto space. As Bitcoin aims high, there are revolutionary altcoins rising with the potential for huge gains. Some even believe they could deliver returns of 400%. So, let’s explore these promising cryptocurrencies.
TRUE Token: Harness the Power of Crypto in iGaming for Unmatched Gains
The TRUE token (TFT) is the new GameFi project, emerging to offer even greater growth and gains than a once sensational Notcoin. TFT is currently awarded through an exclusive NFT Token Offering (NTO), allowing early adopters to significantly increase their investment. The distributed NFTs contain a portion of TRUE tokens, ranging from 100 to 500,000 TFT, at massive discounts. Whereas, the NTO ensures that your allocation is 100% guaranteed, secure, and manageable. Excitingly, as an NTO participant, you access a wide range of perks from the TRUE team. NFT holders gain privileged TRUE membership and entry into a prize draw for $330,000 in extra tokens, 10 ETH, status cards, merch, and tokenized partner gifts.
TRUE, with six years in game and blockchain development and significant backing – over $3.45M raised, led by SoftSwiss – is recognized for its potential in iGaming. With more than 4M active players and 16,000 third-party games interested in its blockchain service, TRUE has remained profitable even in tough markets, setting a strong base for TFT post-token generation event. As TRUE’s value will benefit from the activity within the upcoming TRUE World iGaming metaverse, set to attract millions of users on board in no time, now is the perfect moment to grab your TFT allocation before it skyrockets!
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Solana Growth Potential With Current Market Trend
Solana’s current price at $177 shows its potential for growth even despite it’s currently below the 10-day Simple Moving Average (SMA) of $189.44. If market conditions are favorable, the path towards the nearest resistance at $238.47 looks promising. However, reaching the second resistance at $274.30 might require sustained market enthusiasm and wider crypto adoption.
On the downside, should Solana’s price retreat, the nearest support at $138.38 provides a cushion. But a slide down to the second support at $74.12 could suggest caution among investors, potentially reflecting wider market concerns. It’s essential to consider that the 100-day SMA at $123.09 shows strong past support, possibly guiding future performance.
Polygon Price Analysis: $1.23 Break Could Lead Up
If Polygon’s price breaks past the nearest resistance at $1.23, it could head towards the second resistance level of $1.45. This movement would require to break above the 10-day SMA of $1. Long-term, the proximity to the 100-day SMA of $0.94 can provide a strong foundation for growth.
However, indicators like MACD suggest a sell, hinting that the price could drop. If MATIC falls below $0.89, it might test the nearest support level of $0.85. Breaking this could lead to reaching down to the second support at $0.69. Despite short-term risks, the market shows neutrality through RSI and Stochastic RSI, indicating a possible stabilization before any further moves.
Avalanche’s Potential and Price Movements
Avalanche has room to grow with the current price of almost $47. If buyers push it past the nearest resistance at $67.85, we could see a climb towards $81.59. However, there’s a need to be mindful as short-term dips could test support at $37.89. The 10-day SMA at $54.34 suggests a sideways movement, though a breakout is possible with the right momentum.
In the longer run, Avalanche seems to hold potential with the 100-day SMA at $41.62 indicating a decent grounding above $37.89 and the lower support at $21.67. Sustainability of current levels could lead to stable growth, yet market shifts could challenge this outlook. Strategic investors might look for signals around the SMAs to inform their moves, keeping an eye on how trends develop around these key prices.
Conclusion
Bitcoin’s third halving event has sparked excitement, hinting at a potential value spike to $250,000. In this upbeat market, revolutionary altcoins like TRUE token (TFT), Solana, Polygon, and Avalanche stand out with the promise of 400% returns. TFT, through an exclusive NFT offering, offers significant growth in the iGaming sector. Solana’s and Polygon’s prices show growth potential with their current trends, suggesting an upward movement if they overcome key resistance levels. Avalanche also shows promise for growth, aiming to surpass its resistance for higher gains. Each cryptocurrency presents a unique opportunity for investors seeking substantial returns in a vibrant crypto market.
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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.
