A recent drop in Bitcoin prices has triggered massive crypto liquidations worth over $660 million. This event has spotlighted the unpredictable nature of the market and the potential for high-risk, high-reward investments. In this context, our analysis reveals the top crypto potential to boom, offering investors insights on where to place their bets next in the ever-evolving crypto market.
Step App (FITFI): Fitness and Finance Fusion
Imagine a world where your daily run or walk not only boosts your health but also your virtual wallet. With Step App, your regular jog can net you anywhere from 5$ to 50$ per session! As a trailblazer in the FitFi realm, Step masterfully blends physical fitness with financial savvy, catering to health enthusiasts and crypto fans alike. Regardless of your experience with Web3, managing your earnings is effortless. And for those looking to boost their earnings, subscriptions are there to amplify your rewards and personalize your in-app experience.
Transform Your Steps into Tangible Rewards with Step App
In Step, the magic lies in the FITFI and KCAL tokens, which hold the potential to appreciate over time due to the app’s vibrant, contest-filled community and constant innovation. Whether it’s upgrading your workout gear with KCAL or unlocking exclusive features with FITFI, these tokens are ready to enhance your fitness journey. In 2024, Step is gearing up to unveil even more exciting features and airdrops, ensuring that both the community and the value of its tokens keep thriving.
Cardano: Short-Term gain vs Long-Term Loss due to Grayscale Exclusion
Cardano’s exclusion from the new Grayscale fund can open a decent opportunity for the coin holders in the short run. At its current price of $0.7, with a nearest resistance level at $0.75 and second at $0.85, a push toward these figures might be expected. Paired with a neutral RSI and Stochastic recommendation, ADA could be a good bet bolstered by the Simple Moving Average 100-days buy indicator with a ceiling at $0.59.
Conversely, in the longer term, Cardano’s exclusion may affect its value. As it is presently hovering at $0.7 and has support levels at $0.52 and $0.38, falls may be considerably cushioned. Nevertheless, advised actions from MACD and Simple Moving Average 10-days lean towards a sell, which suggests a potential downward movement. The key with Cardano, as always, is steady monitoring with a blend of optimism and caution.
ShibaSwap’s Bone Token: Market Uncertainty and Potential for Surge
The ShibaSwap’s Bone token has recently been rallying support for its listing on Binance. Considering the current price of $0.88, an optimistic viewpoint could indicate a potential surge towards the second resistance level at $0.88. However, with MACD action advising a sell, short-term fluctuations might settle near the nearest resistance level at $0.78.
The Simple Moving Average over 100 days suggesting a buy presents a long-term hopeful scenario. Yet, Bone might face risks, especially if it fails to maintain above the nearest support level at $0.56. If the price falls further, it might meet the second support at $0.44. The RSI and Stochastic RSI actions remaining neutral depict overall market uncertainty.
Potential Bull Stretch Promises Substantial Returns for Bonk Investors
The recent promise of a bull stretch for Bonk could see it push past the nearest resistance at $0.0000286, even reaching up to the second resistance level at $0.0000351. Given its current price just above $0.0000296, such movement would offer a substantial return for investors. Conversely, short-term indicators such as MACD and the 10-days simple moving average suggest selling, hinting at possible near-term volatility.
On the other hand, the Simple Moving Average over 100 days suggests a buy, indicating potential for long-term growth. It’s noteworthy that the current price is well above the nearest support level of $0.0000125, underpinning Bonk’s strong baseline. Investors should maintain a cautious optimism given the undeniable long-term potential, despite the imminent risks in the short-term.
Conclusion
In the complex world of cryptocurrencies, FITFI stands out with its high potential and innovative concept. While Cardano, ShibaSwap’s Bone token, and Bonk present some potential, FITFI integration into the Step ecosystem and its mission seems most promising. Sustained by a committed team of enthusiasts and a comprehensive roadmap, FITFI could be the ideal investment choice for those betting on the next big thing in the crypto market.