Anticipation is building as the crypto market approaches the Bitcoin halving event, which is known to have a significant impact on prices. Investors are looking for the next big winners, and the focus is on four alternative cryptocurrencies that are poised to deliver potentially impressive returns. Tailored for those looking to capitalise on the coming shift, this analysis provides an insight into coins that could thrive in the bull run of 2024.
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’s Strong Rally Amid Volatility and Balanced Forecast
Solana has seen significant price swings recently, with a 1-week decrease of nearly 11.82% contrasting with a 23.16% increase over the past month and an impressive 707.55% rise in the last 6 months. SOL is currently trading between $163.53 and $200.02. The price has been moving in a mixed pattern with both upward and downward momentum, indicating a balance between impulsive moves and corrective phases.
Looking ahead for SOL, the coin faces immediate resistance at $220.5, with a stronger barrier at $256. If buying interest picks up, SOL might test and possibly break through these levels. On the flip side, if sellers dominate the market, the coin could drop towards support levels of $147.52 or even $111.03. Given the current MACD level of -0.533, the market sentiment hints at uncertainty, while the RSI at 52.04 suggests SOL isn’t overbought or oversold, hinting at room for movement in either direction.
Avalanche Price Forecast: Balancing Optimism and Caution
Avalanche, or AVAX, sees current prices between $44.15 and $54.34. In the past week, the price dropped by 9.34%, while the increase over the last month is 14.88%. Over six months, AVAX soared by 414.87%. The price shows mixed behavior, with recent dips suggesting a corrective phase, yet the overall trend has been significantly upward, indicating previous impulsive strength.
Looking ahead, AVAX might climb towards the nearest resistance at $59.34 and even the second resistance at $69.53 if the bullish trend returns. Optimism is supported by the massive six-month gain. However, caution is advised as the market can be unpredictable. AVAX could also test support levels at $38.96 or $28.77, especially if current market conditions cause more corrections.
Polkadot’s Current Movement and Price Prediction
Polkadot (DOT) has seen significant growth in the past six months, rising 128.61%. However, more recently, the coin has faced setbacks, with a 9.74% drop over one week and an 18.29% reduction over the past month. Currently, the price fluctuates between $7.94 and $9.61. The indicators suggest that DOT’s price movement is more on the corrective side after its previous gains.
Looking ahead, if DOT maintains positive momentum that drove the six-month spike, it may test the nearest resistance at $10.52 or even aim for the second resistance at $12.19. Still, should the current corrective pattern persist, DOT could fall towards the nearest support level of $7.18, or potentially down to $5.51.
Conclusion
In conclusion, while SOL, AVAX, and DOT may offer less short-term growth potential, the standout is the TRUE token (TFT). With its unique NFT Token Offering that brings considerable investment benefits, TFT is on track for significant expansion in the iGaming metaverse. Its robust foundation, years of development, and a dedicated user community set it apart as a promising option for investors looking to capitalize on the pre-halving surge.
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