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Stellar (XLM) and Filecoin (FIL) Holders Are Betting Big on This New Viral Altcoin

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Stellar (XLM) and Filecoin (FIL) Holders Are Betting Big on This New Viral Altcoin

Solana (SOL) recently expanded when Tinydancer announced that its Simplified Payment Verification (SPV) client has gone live on the testnet, which could lead to huge appeal. Furthermore, Filecoin (FIL) is also bullish, as Glitter Protocol launched on its network and has been put in the spotlight as a decentralized content indexing protocol that operates at the keyword level for data stored on the network. However, holders of these two cryptocurrencies are now betting big on value Rollblock viral altcoin and today we will look at why this is so.

Solana Crypto up 774% – Price will reach $176.18

The Solana (SOL) ecosystem is expanding and its value is moving in a bullish direction, as evidenced by year-to-date (YTD) growth of 774%. Furthermore, Tinydancer, a lightweight blockchain clientannounced the Simplified Payment Verification (SPV) client, recently launched on the Testnet, and this could indicate the future expansion of the use of Solana cryptography.

Furthermore, Solana price is bullish on weekly and monthly charts and showing strong RSI and MACD data. According to Solana’s price prediction, it could end the fourth quarter of 2024 at $176.18, making it one of the best altcoins to invest in.

Filecoin Price in Uptrend – Expected to Reach $8.42 by Q4 2024

Filecoin (FIL) has also expanded in terms of functionality, as the recent spotlight on its ecosystem has highlighted the Glitter Protocol, which is a decentralized content indexing protocol. However, what sets it apart is the fact that it operates at the keyword level for all data stored on Filecoin and IPFS. This supports developers in building applications by facilitating the management, maintenance and use of their data in a Web3-based infrastructure, helping them navigate the Web3 space efficiently.

This may also lead to an increase in the usage of Filecoin crypto as demand increases. Based on Filecoin’s price chart, the cryptocurrency is up 23% year to date (YTD) and now needs to clear the $7 price barrier to achieve further gains. If so, according to the Filecoin price prediction, it could end Q4 2024 at $8.42, making it one of the top altcoins to watch.

Rollblock increases by 20%: holders are betting big on this new viral altcoin

Roll Lock (RBLK) is a new project that recently launched its fully licensed online casino and is making waves with its innovative revenue sharing model. The online gambling industry is poised for explosive growth and is expected to reach $744 billion by 2028, so even if Rollblock manages to capture a small percentage of this market share, it could make big gains. So far, the casino leverages blockchain technology to improve transparency, security and efficiency for players.

Additionally, Rollblock prioritizes user privacy by offering complete anonymity, as no registration Know-Your-Customer (KYC) check is required. The ongoing presale has been a great success, with investors already seeing a 20% ROI as the project surpassed fundraising milestones of $275,000, positioning it as one of the best altcoins to invest in. Projections also suggest that it has the potential to reach 1 million before May 2024, highlighting the strong global demand for this altcoin.

What truly sets Rollblock apart, however, is its unique revenue sharing model. This is a system that allocates up to 30% of weekly earnings to the repurchase of RBLK tokens from the market. Here, half of them are strategically burned, permanently reducing the total supply. The remaining half is distributed as staking rewards, incentivizing long-term token holders. This creates a cycle that can potentially result in an increase in the value of RBLK crypto rewards. A single RBLK token is now trading at $0.012 and the project is in phase 2 of the blockchain ICO. When it lists on Tier 1 exchanges in the third quarter of 2024, analysts expect a 100x price increase.

Because the owners are betting big on this new viral altcoin

While both Stellar and Filecoin are showing major signs of growth, holders are betting big on Rollblock. It has emerged as a strong contender for one of the most promising altcoin investment opportunities available today thanks to its unique revenue sharing model and vast ecosystem within the online gambling market, making it one of the most essential to keep an eye on.

Discover the exciting Rollblock (RBLK) presale opportunities today!

Website: https://prevendita.rollblock.io/

Social: https://linktr.ee/rollblockcasino

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We are the editorial team of Altcoin Updates, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on Altcoin Updates, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Top 3 Ethereum-Based Altcoins 3 Times

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Top 3 Ethereum-Based Altcoins 3 Times

Despite the increasing selling pressure in the cryptocurrency market, mid-cap and small-cap altcoins have seen an increase in buying sentiment. This indicates a shift in interest among users towards these cryptocurrency tokens.

Are you thinking of investing in ETH-based altcoins for the next AltSeason?

Scroll down because in this article we have covered the top three Ethereum-based altcoins that have the potential to see a huge uptrend in their respective portfolios in the near future.

Safe Price Analysis (SAFE):

Despite the growing bearish sentiment in the cryptocurrency market, SAFE price has seen bullish price action for the third consecutive day, highlighting the increased price action for the altcoin in the market. Furthermore, it is currently trading at a discount of 76.3% from its ATH of $4.01.

TradingView: SAFE/USDT

The technical indicator, MACD, shows a steady decline in the red histogram, highlighting an increase in bullish sentiment in the cryptocurrency market. In addition, the averages show a potential bullish convergence, suggesting a high possibility of a positive reversal.

If the bulls continue to gain momentum, SAFE coin price will prepare to test its resistance level of $1,450. On the contrary, a bearish action could send this altcoin crashing towards a new all-time low (ATL).

Aethir (ATH) Price Analysis:

Aethir price has seen a bullish price action adding over 10% to its portfolio with a trading volume of $40.126 million despite a bearish cloud over the cryptocurrency space. Notably, with a market cap of $292.916 million, this altcoin has secured the 216th position in the global cryptocurrency list.

TradingView: ATH/USDT

The MACD indicator has been showing a steady rise in the green histogram. However, its RSI has been showing a strong bearish curve in the 1D time frame. This suggests mixed sentiment for the ATH price in the cryptocurrency market.

If the market holds Aethir price above its important support level of $0.07050, the bulls will gain momentum and prepare to test its upper resistance level of $0.08415. On the contrary, if the bears overpower the bulls, this altcoin will prepare to test its low of $0.06435.

Neiro Ethereum (NIERO) Price Analysis:

Built on the Ethereum chain, Neiro Ethereum is a project that has a total supply of only 1 billion tokens. Positively, it has no buy/sell fees or team tokens for governance or community approach. It operates on its own and promotes itself as the next big opportunity in the cryptocurrency world.

With a trading price of $0.1852 and a total supply of 1 billion tokens, it has successfully secured the 234th position in the global cryptocurrency ranking, with a market capitalization of $185.446 million.

Notably, it is up 53.86% over the past day with a trading volume of $36.64 million, a decline of 7.68%. Furthermore, it is up about 1,200% since its inception, highlighting a strong bullish outlook for the altcoin in the near future.

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Top 6 Altcoins Set for Explosive Rally Before 2025

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The cryptocurrency market is on the verge of significant change as we approach 2025. The Altcoin Daily Analyst Austin predicts that any changes in monetary policy could trigger a strong rally in altcoins, especially with a possible turn in the Federal Reserve’s benchmark interest rate expected in September.

This pivot could drive explosive growth in the cryptocurrency market, benefiting Ethereum, Solana, and several promising new altcoins. Here are some altcoins ranging from under $1 to $2 that can give you the highest returns in the current market crash.

We are excited, are you? Let’s dive in!

Top 6 Cryptocurrencies to Watch

Aethir: The Decentralized GPU Marketplace

Aethir is positioning itself as a leader in decentralized cloud infrastructure for gaming and AI. With over $36 million in annual recurring revenue, Aethir is addressing the growing demand for GPU computing driven by major tech companies like Google and Microsoft. Its decentralized infrastructure leverages underutilized GPUs, making it a key player in the burgeoning tech industry. The current price is $0.07176.

Ondo: The Best Bet in the RWA Sector

Next up is Ondo, whose real-world asset protocols are changing the tokenization of financial assets. With an annual dividend of 5.3% USDY, ONDO is the governance token for the Ondo DAO and Flux Finance. This token has seen strong demand, demonstrated by consistent investor buy-ins. Recently, ONDO’s price has dropped 35% in two months, forming a triangle pattern that suggests a breakout. Rising OTC holdings and reduced selling pressure suggest a bullish outlook. The current price is $0.9251.

Lukso: Blockchain for Creators and Social Media

Lukso’s social and cultural blockchain unites creators, brands, and users. An Ethereum doppelganger, Lukso adds Universal Profiles and gas-free transactions to blockchain usage. Its creative strategy and strong leadership make it a blockchain mass adoption project to watch. Current price is $1.71.

AIT Protocol: Decentralized AI Data Annotation

The AIT Protocol addresses the need for decentralized work in AI data annotation. Uniquely, the AIT Protocol connects human trainers with AI model owners to improve AI models through a decentralized marketplace. However, its adoption in Asia and strategic investments suggest that it could disrupt AI. The current price is $0.1169.

Foxy (Line): Meme coin with level 2 potential

Foxy, a meme coin for Linea Layer 2 Ethereum scaling, has an endorsement from ConsenSys. Foxy stands out in Ethereum Layer 2 due to Linea’s MetaMask integration and fast transactions. Additionally, Linea adoption and reduced transaction costs are influencing its growth. The current price is $0.01116.

Off the Grid: Emerging Altcoin for Gaming

Lastly, on the list is Off The Grid, developed by Godzilla. This highly anticipated AAA game promises to make waves in the crypto gaming industry. Although it hasn’t launched yet, positive feedback from industry experts supports its potential success.

Infrastructure projects like Immutable and specific games like Xers and Star Heroes are also worth considering for those interested in crypto gaming.

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Top Analyst Admits He Ignored XRP For Years, But Now Finds XRP Chart Very Interesting

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Top Analyst Admits He Ignored XRP For Years, But Now Finds XRP Chart Very Interesting

Scott Melker, host of The Wolf of All Streets podcast, said he hadn’t paid attention to XRP charts for a while, but now finds them intriguing.

Melker revealed this in a recent send after analyzing XRP’s pattern on the weekly timeframe. He shared a chart that suggests XRP is on track to break out of a significant resistance channel.

While acknowledging that a rejection is likely, Melker noted that a subsequent breakout is on the horizon. Furthermore, the analyst emphasized that regardless of an individual’s perception of XRP and its performance, this upcoming price action is worth keeping an eye on.

Notably, Melker’s latest analysis on XRP comes as the asset has outperformed the broader bear market, which staged a solitary comeback while others fell. XRP surged more than 10% on Wednesday, briefly emerging as the day’s best-performing cryptocurrency among the top 100.

This development has triggered renewed interest in XRPeven among market observers like Melker and Ali Martinez, who rarely comment on XRP’s price action.

XRP Resistance Levels to Watch

In his latest commentary, Melker identified immediate resistance levels that XRP must overcome on its climb to higher prices. These levels include $0.75 and $0.93, which XRP must overcome to reach $1, with additional barriers at $1.3 and $1.9.

Scott Melker's XRP ChartScott Melker’s XRP Chart

Interestingly, for the immediate barrier of $0.75, Melker is not the only analyst to emphasize its importance before aiming higher. Analyst “Crypto Adict” also commented on this level yesterday, urging caution versus ambitious goals like $100 when there are more immediate challenges.

The impact of this resistance level was evident in March when XRP rose to $0.744 in one day but he was unable to continue his ascent.

In his analysis, Ali Martinez echoed Melker’s sentiment by highlighting the $0.93 price level as a significant hurdle. Martinez stressed out that once XRP breaks above this level, it will effectively end its nearly seven-year downtrend, opening the door to higher highs.

At press time, XRP is back just above $0.60 after hitting $0.6556 yesterday, reflecting an 8% decline in the past 24 hours. Notably, XRP’s uptrend has been interrupted by Bitcoin’s volatility, as the leading asset fell back to the $63K range yesterday.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the personal views of the author and do not reflect the views of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Dogecoin (DOGE), ETFSwap (ETFS), and Shiba Inu (SHIB) are poised to lead the altcoin rally in a big way

AltcoinUpdates Staff

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Dogecoin (DOGE), ETFSwap (ETFS), and Shiba Inu (SHIB) are poised to lead the altcoin rally in a big way

Dogecoin (DOGE): Altcoin Rises From Meme Origins to Market Rally’s Top Spotlight

Dogecoin (DOGE), initially launched in 2013 as a “joke currency” based on a popular Shiba Inu meme, is now positioned to lead a major altcoin rally. Despite its humorous origins, Dogecoin is gaining popularity among investors due to its platform utilities, including transaction speed and payment methods. Currently, Dogecoin (DOGE) is trade at around $9,139, a recovery followed by a weekly low of $0.11.

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