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The crypto market dodged another bullet on Monday as the United States Commodities Futures Trading Commission (CFTC) sued the largest exchange Binance and its CEO Changpeng Zhao for violating federal laws and not registering in the country.
Bitcoin price corrected to $26,606 as investors reacted to the news. The market is mainly in the red with BTC and ETH losing 3.5% and 2.8%, respectively to trade at $26,972 and $1,718 at the time of writing.
However, not every asset is in a dilapidated state, suggesting investors are paying attention to some of the biggest crypto gainers on Tuesday, March 28. For example, XRP is up by 6.8% and trading at $0.4887 while GMX has added 5% to its market value in 24 hours.
XRP price Could Take Down Stubborn $0.5 Resistance
XRP price is astonishingly sticking out with an engulfing candle on the four-hour chart. Apart from the sharp pullback experienced toward the end of last week from highs at $0.4947 to $0.4118, the cross-border money transfer token has sustained a bullish outlook since mid-March.
From the chart below, XRP price is trading above its weekly open of $0.4483, the ascending but accelerated trendline, and the previous stubborn resistance at around $0.4830, highlighted in the upper yellow band.
The token also sits above all the applied major moving averages, starting with the 200-day Exponential Moving Average (EMA) (the line in purple), the 100-day EMA (the line in blue), and the 50-day EMA (the line in red), which is a bullish signal.
Bulls are facing the biggest test in March; to break the seller congestion at $0.50 which will likely pave the way for an upswing to $1.00. To do so, they must start by upholding support at $0.4830 to avoid any chances of a pullback.
A break and hold above $0.50 is crucial for the continuation of the uptrend and bulls must capitalize on the momentum created as Ripple gears up for the final court ruling on the lawsuit against the US Securities and Exchange Commission (SEC).
In a tweet, crypto lawyer, John Deaton predicted that XRP price could skyrocket following the court’s decision. A win for Ripple would mean a win for XRP as it would no longer be a security. If the SEC wins, Ripple is expected to appeal the decision, thus maintaining the status quo.
The Judge is expected to rule on the case in the next few weeks, with this week not ruled out as the six-month mark since the case was pending is yet to elapse.
GMX Price Blasts Past Monthly Open Eyeing $85
Investors are also paying attention to GMX, the 77th largest crypto, boasting $618 million in market capitalization. It is trading 5% up on the day at $71 with its $75 million in trading volume rushing in during the 24-hour period.
Based on the four-hour timeframe chart, GMX price has pushed above both its monthly open and the weekly POC (point of control). Now, bulls are required to bring down resistance at the 200-day EMA (the line in purple) at $72.55 to keep the uptrend intact.
Traders may want to closely watch GMX’s reaction to the previous month’s VAL at $73.00 and the previous month’s POC at $74.00. A break and hold above these two key levels would open the door to gains eyeing the previous month’s VAH at $78 as the ultimate short-term target of $85.00 comes into the picture.
Before you buy XRP and GMX, you may want to check out some of the best altcoins to buy for 2023. Inside Bitcoins has put together a list of up-and-coming blockchain projects, making up the list of the best crypto presales to consider buying for 2023.
Love Hate Inu (LHINU)
Love Hate Inu is first on the list and stands out from the rest for its revolutionary approach taken to address the issues in the poll and survey industry. This is a blockchain-based voting ecosystem used to empower individuals to freely give their views on a wide range of topics, including entertainment, general elections, celebrities, international and social events.
Listen folks, I'm telling you, you got to join the ultimate voting token #LoveHateInu, it's fantastic, believe me!🙌📈💰
Discuss hot topics and earn rewards!🌟👀
Don't miss out on the #Presale and get your $LHINU now!🚀
🔗https://t.co/Pu2Bo8WOUy#CryptoCommunity #AltCoins
— Love Hate Inu (@LoveHateInu) March 27, 2023
Built on the Ethereum blockchain, Love Hate Inu fosters a transparent and secure voting process. Users can give their views on the topics without fear of judgment and prejudice because the system protects their identities as they cast their votes.
Love Hate Inu is a platform that seeks to revolutionize the survey industry by offering a space where people and companies can create surveys and boost engagement through a reward system.
Users who participate in the voting process earn LHINU tokens provided by the creators of the polls.
The Love Hate Inu team has put in place a requirement for all users who wish to participate in the polls to stake LHINU tokens, for at least 30 days, to do away with spam accounts and other electoral malpractices.
The ecosystem’s flagship model is referred to as vote-to-earn and with it, the team hopes to transform the $3.2 billion survey sector while tapping the power of blockchain technology.
Love Hate Inu uniquely blends the hype in the meme coin sector of the crypto economy with robust elements of an open yet secure voting process. Armed with these aspects, LHINU could take on larger meme coins like DOGE and SHIB.
Love Hate Inu has a total supply of 100 billion LHINU tokens. The team has resolved to offer 90% of the total circulating supply in the presale stages as a way of preventing the risk of a rugpull.
Investors can grab LHINU tokens in an ongoing presale at $0.000095. It is worth mentioning that only 5 days remain before the next stage comes and the price rises to $0.000105. As interest in Love Hate Inu explodes, more than $1.79 million has been raised in the fast-selling presale.
Fight Out (FGHT)
Fight Out is another up-and-coming play-to-earn (P2E) project that has raised $5.92 million from investors with less than 3 days remaining before the presale closes.
This new ecosystem stands out for its revolutionary approach to fitness gamification and a uniquely integrated virtual world. Fitness experts around the world have commended the Fight Out team for removing the barriers to entry in Web3 to allow easy onboarding of Web2 users.
What are some advantages of #FightOut?
👉 Earn exciting rewards
👉 Level up your avatar through IRL training
👉 Fight Out provides a decentralised and secure platform for players to enjoy games and earn rewards.You better hurry, join the presale now! ⬇️https://t.co/9pikKGRjSd pic.twitter.com/VKVavkso2K
— Fight Out (@FightOut_) March 27, 2023
Although the presale is closing on March 31, investors can still buy FGHT tokens at a discounted price, otherwise, they will have to wait for the exchange listing, starting April 5.
Fight Out has within a short time made a name for itself for combining play-to-earn crypto games and fitness needs to help users earn while leading healthy lifestyles.
Over the last few years, the fitness industry has as transitioned from purely physical gyms with weights and machines to personalized boutiques and online apps.
However, the barriers to entry have remained with fitness boutiques and personal trainers being out of reach for most people. Meanwhile, Fight Out is building an app, but this app will provide users with customized training programs they can use in their local gyms and fitness centers.
Fight Out integrates strong train-to-earn models to bring fitness to the Web3 realm using inexpensive NFT avatars, the metaverse, and cryptocurrency rewards.
The startup utilizes robust software based on blockchain technology to incorporate a wide range of exercises and efficiency-enhancing techniques within the metaverse.
Fight Out also offers users monetary benefits for engaging in physical fitness tasks, challenges, and workouts.
Investors who wish to buy Fight Out at a discounted rate in the presale should do so quickly before, or on March 31, 2023.
C+Charge (CCHG)
C+Charge may be a new crypto ecosystem, but it is already making headlines in the electric vehicle (EV) charging industry, signing strategic partnerships like the most recent with Pixia.ai—a self-scanning NFT minting platform.
Why is this partnership important?
C+Charge is on a quest to make EV carbon credits accessible and beneficial to the platform’s users. Pixia’s NFT and gamifying software propels C+Charge closer to achieving its full potential because it would make it possible to mint NFTs using carbon credits, which can later be sold in an open marketplace.
The collaboration with Pixia adds credibility to the C+Charge EV charging platform and builds upon existing partnerships with Flowcarbon and The Recharge. All these partnerships lay the groundwork for C+Charge’s plan to reward carbon credits to users on its EV charging app.
📢 Partnership announcement 📢@C_Charge_Token 🤝 @PixiaAi
🤖PixiaAi is our strategic partner that allows EV drivers to create #NFTs of their vehicles and immerse them into the #metaverse
Join our #presale today🦾https://t.co/ixe18bPqzI pic.twitter.com/KIDVKMBRKh
— C+Charge (@C_Charge_Token) March 27, 2023
Investors have continued to pique interest in C+Charge, motivated by the team’s drive to deliver its promises before the official listing on exchanges after the ongoing presale.
C+Charge’s CCHG token powers the ecosystem. Users who pay with CCHG at select EV charging stations around the world will be awarded carbon credits in addition to solving the problem of having to navigate numerous payments and charging measurement systems.
The partnership with The Recharge brought into the system the element of staking CCHG, allowing users to earn passively. Staking will take place on The Recharge’s revolutionary cross-chain platform.
That’s not all, CCHG holders will be enabled to stake their tokens utilizing carbon credit swaps, which form part of the Kyoto protocol. With The Recharge, C+Charge plans to tap into South Korea’s innovative EV charging infrastructure network.
C+Charge has introduced a beta version of its web app for the public to test. To encourage participation, they are offering a special prize to the first 200 individuals who provide their wallet address, and a chance to win $300 in CCHG tokens.
The team opted for a presale to release CCHG tokens into the market. Over $3.44 million has been raised in a matter of weeks.
Although the presale is in the final stage and closing in less than 2 days, investors can still buy the discounted tokens at $0.0235 before the project launches on BitMart exchange on March 31, 2023.
Metropoly (METRO)
The team behind Metropoly is introducing an innovative way of driving investment into the real estate industry, tapping the decentralized power of blockchain technology.
Users on this platform will for the first time be able to invest in real estate properties around the world within a record 20 seconds, drastically cutting the time from the traditional 60 days needed to complete the purchase of any property.
Metropoly is building the first innovative NFT marketplace to bolster investment in income-generating properties, while at the same time, eliminating the need for intermediaries like banks which often introduce hidden fees.
Users on Metropoly get access to carefully selected properties around the world, which they can buy for as little as $100. Investing in real estate via the NFT marketplace is not limited by geographical location or financial ability, because with as little as $100, investors can start receiving monthly rental income while their NFT values grow.
Ready for the future of real estate? The Metropoly Marketplace Beta is live and ready for action! 🤩
Check it out now and share your feedback to help shape the future. 🔥
👉 https://t.co/HPcCrqE6GL#metropoly #realestate #Web3 #crypto pic.twitter.com/kYv9uidgLF
— METROPOLY (@metropoly_io) March 27, 2023
NFT owners can benefit from their ownership by selling their NFTs whenever they want and enjoying the increase in value.
Investors are buying METRO tokens in an ongoing presale that has bagged $1.03 million. At stage 10 of the presale, 1 METRO is selling for $0.0714, and users are requested to hurry because this is the last chance before the token lists on exchanges for the first time.
RobotEra (TARO)
Similarly, RobotEar is a new crypto project, but unlike many other up-and-coming projects, it is breathing a new life into the metaverse, with exciting additions like game development, play-to-earn, and a robust economy.
Investors and developers alike are excited about this new frontier of metaverse gaming. RobotEra has within a few months of existence grown exponentially in all aspects of the gaming industry.
In the RobotEra ecosystem, it is not just about playing games, users have been provided with an expansive metaverse to explore, interact with one another, buy and sell assets including land and property.
Explore the vibrant Central City of #RobotEra!🏙️🤖
Experience an unmatched gaming adventure that will captivate you.🎮🤖
Join the fun on the $TARO planet and embark on a cosmic journey!🚀🌌https://t.co/kBJJdpfpg4#Play2Earn #Presale #NFTCollection pic.twitter.com/S34OyJJjaQ
— RobotEra (@robotera_io) March 27, 2023
Unlike other play-to-earn platforms, RobotEra allows gamers and developers to intermingle, which results in unmatched gaming features and rewards.
Investors interacting with RobotEra for the first time can easily identify with it as a Sandbox-style crypto project, where they can buy NFTs based on lands, in-game structures, and items in addition to the opportunity to buy properties and build the metaverse to connect to different communities.
This revolutionary metaverse project uniquely combines NFTs and P2E models to give users the best experiences and the opportunity to make an income.
TARO, the token powering the ecosystem, is currently available in a fast-selling presale that has so far raised $1.05 million in a matter of weeks.
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