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On Saturday, cryptocurrency markets were in the negative while bitcoin fought to regain and hold the $23,000 barrier. There were a few coins under such market conditions that not only did well but also were able to produce reliable two-digit returns in only one day.
Today, we’ll examine these cryptocurrencies in more detail and highlight a handful of our favourites with the potential to become very popular soon.
Mina Protocol (MINA)
Over the past week, MINA cryptocurrency has demonstrated incredibly bullish momentum, with a pump above 30%. Traders foresee a good price continuing to move upward with the bulls fully in charge. Although it appears that $0.94 was a significant obstacle earlier today, traders are still aiming for a $1 level of price. Which other cryptocurrencies have greater promise than MINA, and will MINA keep pumping?
Even though Bitcoin has seen extreme volatility over the past four weeks, the bulls have seen a significant comeback in the first week of 2023. Altcoins are being hauled up along with the rise in Bitcoin’s price as it continues to surge beyond $22,500 due to its favourable price connection. MINA Protocol is presently trading at $0.821 after reaching a record high of about $0.94 earlier today.
With five straight green weekly candles, MINA’s price has increased by almost 110 per cent in the previous five trading weeks. From the viewpoint of technical analysis, MINA is emerging from a tilted double-bottom pattern. In actuality, this is a bullish trend pattern, and in this specific instance, the price has increased as expected.
When MINA fails structurally as well as the price breaks through this specific level of support, we may see negative price continuation to the trendline support at the head of the descending channel, which is $0.65. In a bear market, when resistances are frequently technical objectives and are subject to intense selling pressure, it is typically suggested not to pursue green candles (interactions of FOMO). Trading instead focuses on selecting oversold situations on the relative performance index and exploiting severe terror events.
Hedera (HBAR)
In response to the SEC’s most recent campaign against crypto staking, the cryptocurrency market has sided with the bears. Most of the top cryptocurrencies experienced price declines over the past 24 hours. Hedera [HBAR] was one of the select few who managed to dodge this sell pressure brought on by FUD.
The SEC’s anti-staking attitudes have resulted in a 4.02% decline in the market capitalization of all cryptocurrencies over the past 24 hours, reinforcing the adverse effect. While everything was going on, HBAR achieved a 7.2% gain. Therefore, HBAR might surpass the resistance level at press time, especially if the market as a whole rebounded.
Hedera has made several announcements this week, most notably the opening of a new $1 million metaverse fund via the AfroFuture DAO. The fund would add new projects to the Hedera network, which was largely aimed at the African market. As of the time of posting, it had already started its first project, which would supposedly enable well-known musicians to utilize HBAR NFTs.
These pronouncements caused Hedera to continue its considerable development effort, which peaked on February 8th. Hedera’s NFT innovations were largely responsible for the company’s expansion. As a result, it is not unexpected that the total NFT transaction volume indicator showed a considerable rise YTD.
Meta Masters Guild (MEMAG)
Since developers and businesses are mostly focused on building desktop games, MEMAG is poised to have a significant impact on the cryptocurrency mobile gaming industry, which is largely untapped.
Meta Masters Guild expands on the play-to-earn principle by developing entertaining, lucrative, and exciting games for players who have few options for blockchain-based mobile gaming. MMG, which offers an excellent selection of web3-metaverse games supported on both iOS and Android, aims to be the market leader as it grows.
For the platform, three games are currently in development: Meta Masters World, Meta Kart Racers, and Raid NFTs. The second game will offer an incredible metaverse where players may do whatever they want, in contrast to the first game’s standard racing experience. In contrast, Raid NFT is intended to be a fantasy adventure game.
While offering a variety of different services, including an NFT marketplace, Meta Masters Guild distinguishes itself from the competition by having a clear USP. Some of the most accomplished game developers, like Gamearound and RWatlz, have joined the project. The roadmap for MMG indicates that as it builds upon its solid base, it will eventually rank among the top initiatives in its industry.
Fight Out (FGHT)
If you’ve ever struggled to find the drive to exercise, consider a platform that pays you for leading a healthy life. Fight Out differs from previous “move to earn” initiatives in that it focuses on providing full-body exercises using smart technology, assisting users in developing a robust exercise regimen.
To accurately analyze your physical condition, Fight Out collects data about your movement, exertion, sleep, and diet. In-depth tutorials will also be available on the site to help you get started and develop better exercise practices. Top-tier professional boxers and mixed martial artists will also be featured in Fight Out.
Additionally, the site will be heavily focused on a network where users may track one another’s progress and receive incentives for completing tasks. Users would need to spend for in-app activities like hiring personal trainers, buying the equipment as well as supplements, or merely buying clothing. The app will operate on a subscription basis.
Every other player will be given a “soulbound” avatar that will represent all of their accomplishments. Players will benefit from this as they continue their workout regimens with more motivation.
The native currency of the platform, FGHT, is now up for sale during the presale of Fight Out for 0.02072 USDT as of this writing. After the presale is over and FGHT has been listed on CEXs since about April 5th, the price will grow until the presale is over and the tokens are listed for 0.0333 USDT. Before it’s too late, participate in Fight Out.
C+Charge (CCHG)
C+Charge is a brand-new, ground-breaking method that will transform the EV environment by integrating carbon credits into the system. The carbon credit marketplace has grown very dramatically as the globe moves towards greater climate awareness and carbon emission reduction.
The initiative intends to alleviate several issues experienced by EV drivers in exchange for the CCHG token, which can be purchased for 0.0145 USDT by investors. It is now in phase two of its presale, which will last for five additional days before moving on to stage 2 and raising the cost of CCHG tokens.
Invest in C+Charge to support a project that values the environment. The earlier you invest in the project, the more money you may gain when the tokens list on CEX platforms is on March 31.
RobotEra (TARO)
Recently, the GameFi sector has experienced growth, and RobotEra is ready to enhance it even more. RobotEra introduces a planet devastated by an army of machines, that are now stuck in a completely desolate area. The game also has an exciting metaverse.
The objective now is for these robots to revive the plan by creating brand-new infrastructure that might sustain an economy. Each participant in the game will represent a robot with an individual identity symbolized by an NFT.
Players will receive rewards for participating in the game and finishing objectives, as well as for a variety of additional activities that the metaverse might produce. One way for players to excel in the metaverse market is to charge other players to enter a stadium they have created. However, the benefits aren’t exclusive to the game.
The prizes, which are given in TARO, may be cashed out by users. The platform’s native token, TARO, is in charge of all gaming transactions. At the moment, consumers may buy these tokens through the official web page, where they can do so for 0.020 USDT. Investors would be well served to act quickly because this price will inevitably rise in the following phase of the presale.
Conclusion
In this post, we looked at several recent projects that are now in presale as well as the top big gains for the day. Do your research before you make any investment choices if you’re interested in these tokens.
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