Join Our Telegram channel to stay up to date on breaking news coverage
As the week comes to a close, AAVE is one of the coins topping the charts with its significant growth of over 4% within the past 7 days. The token’s 24-hour rally is also bullish, with about 7% growth to reach an exchange price of $66.19 per token.
The AAVE price surge has equally seen its market cap increase to over $960 million, and the coin now ranks among the top 50 highest-liquidity cryptocurrencies, according to data from CoinMarketCap.
However, while AAVE is experiencing green days and attracting investors, Bitcoin Minetrix offers long-term investment opportunities through its presale. Let’s find out why both coins may be worthwhile investments.
AAVE Price Predictions Remain Optimistic: Returns Significant Gains
According to the current market data from Dextools, AAVE is currently trading at $66.19 per token – up about 7% within the past 24 hours. As shown in the image below, the coin has experienced more green days than red, indicating that more bullish traders are influencing the token’s market value.
The extensive green candlesticks that keep rising indicate that AAVE is heading toward new highs at the end of the current trading week. However, the recent red candlesticks above show that AAVE is holding for support at around $66.
Though the price surge has increased the token’s 24-hour trading volume by 152% to reach over $129 million, the market remains highly volatile. In other words, short-term investors can capitalize on the price swings to make decent profits.
Market experts believe the rise in the price of AAVE is due to a reignited interest in decentralized finance (DeFi) among traders. More traders are opting for governance tokens like AAVE that grant them access to DeFi borrowing and lending protocols.
$AAVE and $UNI sending 🚀
But they told you governance tokens are worthless. pic.twitter.com/r7Fu0aBqMC— dnkta.eth 🦇🔊 (@dnkta) October 20, 2023
There have also been optimistic AAVE price predictions suggesting that the AAVE can reach over $95 in 2024. The token’s 24-hour technicals agree that investors are largely bullish. The market summary shows a “Strong Buy” sentiment at 16, and the moving averages (MA) indicate a “Strong Buy” pressure at 14.
Other indicators, including the exponential moving average and simple moving average, also indicate a “Buy” action among traders. Should the strong demand for AAVE continue to overshadow the supply, it’s just a matter of time before the token hits double-figure 24-hour growth.
Bitcoin Minetrix is Set to Explode with its Stake-to-Mine Feature
While the Aave protocol is attracting investors and doing strong numbers in the market, Bitcoin Minetrix is a new crypto project attracting investors looking for more risk-averse investment opportunities.
The Bitcoin mining project offers investors an ecosystem to stake their tokens and get rewards they can burn into BTC. In other words, beginner and experienced investors can easily mine BTC on Bitcoin Minetrix because the mining platform requires no technical experience.
At the same time, the platform provides an affordable Bitcoin mining model because it doesn’t require expensive mining hardware or maintenance costs. Interestingly, the platform’s staking program is offering up to 1,193% annual percentage yield (APY) to investors who join the staking pool.
However, we expect that this will reduce as more investors join the Bitcoin Minetrix ecosystem. So, early investors are most likely the ones to enjoy the maximum APY before the project fully launches and expands.
With its multiple earning potentials through staking and mining, passive crypto investors looking for the next crypto to explode can consider the Bitcoin Minetrix ($BTCMTX) token.
Bitcoin Minetrix’s Presale Aims For $2 Million Within a Month
The ongoing Bitcoin Minetrix presale is one of the indicators of the project’s successful future. The presale has raised over $1.8 million in less than a month, making it one of the most promising cryptos in 2023.
#BitcoinMinetrix has passed the $1,800,000 mark!🚀 pic.twitter.com/mBNdn4syU7
— Bitcoinminetrix (@bitcoinminetrix) October 20, 2023
Investors interested in the massive staking rewards that Bitcoin Minetrix promises can join the cloud mining ecosystem through its presale. All you have to do is buy some $BTCMTX tokens here and stake in the platform’s mining pool.
You can easily buy Bitcoin Minetrix whether you fancy crypto or fiat payment methods, as the platform accepts ETH, USDT, and credit card payments.
#BitcoinMinetrix Stage 2 is ending in 3 days! 🔥 pic.twitter.com/fMXZ91av2r
— Bitcoinminetrix (@bitcoinminetrix) October 20, 2023
The token is currently selling at a discounted rate of $0.0111 per token, and there are just about 3 days left until the next presale stage and token price increase.
Related
- Aave Price Prediction for Today, October 19 – AAVE Technical Analysis
- Orbs Skyrockets With Double-Digit Gains! But the Real Gem Might Be Bitcoin Minetrix’s Presale
- Bitcoin Breaks Another Barrier! But Bitcoin Minetrix’s Presale is the Talk of the Town
Join Our Telegram channel to stay up to date on breaking news coverage
