In the rapidly shifting realm of cryptocurrencies, key players, or whales, play a crucial role in setting trends. With the bull run of 2024 in full swing, attention turns to a select few alternative coins that are experiencing sudden increases in attention and investment from these influential figures. This article identifies the coins that are gaining momentum due to these significant, yet discreet, market moves.
BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live!
BlastUP is a pioneering launchpad on Blast, the cutting-edge Layer 2 solution that has rapidly reached $1 billion total value locked in just 35 days. BlastUP’s success is also evident, as it has swiftly raised $4 million in just a few weeks, capturing the attention of savvy early investors.
BlastUP champions the motto “Grow faster, earn more.” The primary goal of this launchpad is to reduce entry barriers for blockchain startups, ensuring they are equipped for success right from the beginning.
The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.
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BlastUP token holders can enjoy exclusive benefits like access to an Airdrop, special rewards in IDOs, and the opportunity to earn interest through staking.
As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community, supporting early-stage startups. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.
BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.
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Ethereum’s Price Moves and Path Ahead
Ethereum‘s current price is fluctuating between $3486 and $3742, showing a downward trend over the last week with a 4.77% drop. Over the past month, it fell by 8.15%, yet it’s up by 102.40% over six months. The prices are not making strong moves in either direction right now, suggesting a more stable or corrective phase rather than a sharp impulsive trend.
Looking ahead for Ethereum, there’s a mix of signals. With the RSI near the middle range and the price above the 100-day average, there’s strength that could push ETH toward the nearest resistance at $3837.71. But caution is also warranted as current trends aren’t strongly positive, and there’s potential to test support levels at $3326.87 or even $3071.45 if downward pressure continues.
Solana’s Current Trends and Potential Upside
Solana has been fluctuating between $187.3 and $210.62 recently. Looking at the price change over the last week, SOL dipped by 1.77%, suggesting a slight downward movement. However, on a monthly view, it jumped by 37.25%, and an impressive 681% over the past six months. Despite a recent pullback, the long-term trend looks strong. The current price action seems more corrective than impulsive, moving sideways rather than in a clear direction.
Considering SOL’s current performance and technical levels, the potential for growth exists, with the next resistance level at $218.61. If Solana breaks above this, it could aim for the second resistance at $241.93. However, the RSI and Stochastic hint at a cautious stance, indicating that momentum isn’t overpowering right now. If Solana were to drop, it might find support at $171.97, with a further safety net at $148.65.
Conclusion
Altcoins such as UNI, ONDO and JUP are attracting attention. They may rise soon, but they’re not the top pick for short-term growth. The standout is BlastUP, which is part of the Blast ecosystem and has a strong concept. It is expected to show strong growth soon. If you’re looking to invest, BlastUP is the one to watch.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
