2024

Jupiter

Impact

Polygon

<img src="https://cdn.thebittimes.com/images/2024/03/12/1710242733.webp" width="800" height="457" alt="">
Bitcoin has soared to a new record, crossing the $71,000 mark. This event was prompted by the UK's Financial Conduct Authority (FCA) greenlighting crypto exchange-traded notes (ETNs). Amidst this fluctuating world of cryptocurrency, new contenders are taking the stage, predicted to bring groundbreaking changes in 2024. Bringing this into context, the article will provide insight into these potential game-changers, overshadowing even popular choice Solana.
<h2 dir="ltr" id="span-blastup-presale-exceeds-1-million-anticipating-the-next-big-thing-in-crypto-span">BlastUP Presale Exceeds $1 Million: Anticipating the Next Big Thing in Crypto</h2>
BlastUP, the premier launchpad on Blast, has recently made a splash in the crypto world with its head-spinning outset, raising &nbsp;over $1 million in a few weeks. This project is creating a buzz and attracting the growing number of early investors who have already recognized BlastUP's high potential.
BlastUP is poised to reach roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board.
Currently, BlastUP is running its fourth presale stage, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.05, you get a hefty discount of $0.05, as the listing price is set at $0.1.
<a href="https://blastup.io/?utm_source=TBIT&amp;utm_medium=article&amp;utm_campaign=PP70C5" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt; Be Among the FIRST! Get the Exclusive Perks From BlastUP Presale &lt;&lt;</a>
Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.
Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast off in the crypto space.
The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace.
<a href="https://blastup.io/?utm_source=TBIT&amp;utm_medium=article&amp;utm_campaign=PP70C5" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt; Join BlastUP Presale NOW to Unlock Early Benefits &lt;&lt;</a>
<h2 dir="ltr" id="span-nomura-s-partnership-with-pyth-network-potential-bullish-impact-and-risk-assessment-span-b-b">Nomura's Partnership with Pyth Network: Potential Bullish Impact and Risk Assessment</h2>
With Nomura's Laser Digital becoming a data provider for Pyth Network, there's a possibility for significant impact on the platform's market performance. Leveraging the current price of $0.85, this collaboration can trigger PYTH's climb to its nearest resistance level at $0.92, even potentially pushing towards the second resistance level at $1.18. The consistent uptick reiterates the buy recommendations from MACD and 10-day Simple Moving Average indicators. This development augurs a bullish outlook for Pyth in the short run.
On the other hand, it's crucial to ensure a pragmatic perspective on this scenario. Regardless of the positive news and price data, there's always a potential risk for a market downturn. Given PYTH's nearest and second support levels at $0.38 and $0.12 respectively, a fall in the market could potentially put the token at risk of selling pressure. Thus, a cautious stance is necessary. This approach ensures a balanced perspective on PYTH’s potential depreciation in the long run.
<h2 dir="ltr" id="span-jupiter-has-potential-for-price-surge-span-b-b">Jupiter Has Potential for Price Surge&nbsp;&nbsp;</h2>
Jupiter's current dynamics offer a promising readiness for a potential price surge. With a current price of $0.75, it stands comfortably above key support levels. Bolstered by substantial stake investments, Jupiter's value stands a chance to break past the nearest resistance at $0.68 and test its strength at $0.81 in the short-term, offering buyers a bullish opportunity.
On the other hand, it cannot be ruled out entirely that this surge might witness a counteractive pull. The gap between current price and the nearest support level is broader, compared to its distance from resistance levels. In a more cautious view, if the impact of the stake investment fades, the price may fall towards the closest support level at $0.42, potentially even dipping down to the second support trendline at $0.30 in the long term.
<h2 dir="ltr" id="span-neutral-short-term-outlook-for-polygon-long-term-points-to-growth-span-b-b">Neutral Short-Term Outlook for Polygon, Long-Term Points to Growth</h2>
Short-term, Polygon's current price is hovering close to the nearest resistance level at $1.13, an increase could see it surpass the second resistance level of $1.27. The recommendation from RSI and Stochastic RSI is neutral, suggesting a possible stability. However, the 10-day Moving Average indicates a potential upward trend.
It's important to also consider the longer-term prospects for Polygon, taking into account the 100-day Moving Average. Here, the suggested action is buy, indicating growth potential. The second support level stands at $0.63 which shows the coin's ability to cushion a possible downtrend. But, with Polygon struggling on the Dex milestone, balancing optimism with caution is essential.
<h2 dir="ltr" id="span-conclusion-span-b-b">Conclusion</h2>
In light of the dynamic crypto landscape, the rising contenders prove promising for 2024. While Pyth Network, Jupiter, and Polygon are making waves, BlastUP exhibits unequaled potential. Thanks to its groundbreaking concept and integration into the robust Blast ecosystem, the project stands out among its peers. Although other cryptos show growth potential, none quite match the prospective force that BlastUP is poised to become. Investors continue to keep a watchful eye on these cryptos, with BlastUP leading the race.
Site: <a href="https://blastup.io/?utm_source=TBIT&amp;utm_medium=article&amp;utm_campaign=PP70C5" target="_blank" rel="noopener noreferrer nofollow">https://blastup.io/</a>
Twitter: <a href="https://twitter.com/Blastup_io" target="_blank" rel="noopener noreferrer nofollow">https://twitter.com/Blastup_io</a>
Discord: <a href="https://discord.gg/5Kc3nDhqVW" target="_blank" rel="noopener noreferrer nofollow">https://discord.gg/5Kc3nDhqVW</a>
Telegram: <a href="https://t.me/blastup_io" target="_blank" rel="noopener noreferrer nofollow">https://t.me/blastup_io</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/forget-solana-4-cryptos-predicted-to-revolutionize-2024-tbt82325.html">https://thebittimes.com/forget-solana-4-cryptos-predicted-to-revolutionize-2024-tbt82325.html</a>

Forget Solana: 4 Cryptos Predicted to Revolutionize 2024

Table of Contents

TheBitTimes

Other articles published on Mar 12, 2024

Surge in Cryptocurrency Trading Volume Among Turkish Investors

Deribit Introduces XRP and Polygon to Crypto Options Trading Sphere

Dogecoin (DOGE) Community Warned of Airdrop Scams: Details

Federal Reserve cuts interest rate amid inflation concerns

Founder: Bitcoin Bull Run Just Getting Started, Here’s Why

KuCoin Token Price Forecast: Can KCS Reclaim Highs?

Join our free newsletter for daily crypto updates!