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Analysts pick 5 altcoins to consider as Solana, Avalanche post losses

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The crypto market has endured a sharp selloff this week as investors begin to take profits after a bull run. Top layer-1 blockchain projects Solana (SOL) and Avalanche (AVAX) were among the biggest losers, dropping over 9% in the past 24 hours alone. However, not all cryptocurrencies are falling off the cliff. This article will look at five altcoins that investors can consider before the uptrend continues. 1. Bitcoin ETF Token Bitcoin ETF Token is a project on Ethereum that allows investors to speculate on the potential impact of a spot Bitcoin ETF launch in the U.S. The project’s tokenomics aligns with key ETF approval milestones; when these milestones are achieved, a portion of the total supply will be burned. You might also like: Bitcoin breaks above $40k, Bitcoin ETF Token raises nearly $2.5m Up to 25% of the...

Cardano may rally; FTX Token and Borroe Finance register gains

The crypto market has been recovering. Experts are bullish on Cardano (ADA) because of its research-oriented approach and expanding decentralized finance (defi) ecosystem. FTX Token (FTT) has also registered gains despite challenges facing Binance.  On the other hand, Borroe Finance (ROE) is introducing an AI-powered fundraising marketplace to enhance defi while highlighting practicality and transparent leadership. Cardano’s bullish potential In a recent YouTube video, Crypto Jebb outlined why ADA could rally .  At press time, the coin is changing hands at $0.38, down by over 80% from its all-time high of $3.09 but up by over 30% in the past month. You might also like: Cardano “coiling up” says analyst, warning of pending volatility Cardano supports dapps, and its total value locked (TVL) is up from $50 million to $250 million in the past year. Projects like Indigo, Minswap, and Optim Finance are gaining traction in this ecosystem.  FTX token surges...

BNB and Uniswap fall, investors considering Pomerdoge

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The crypto market is volatile and bearish, with Binance Coin (BNB) and Uniswap (UNI) posting deep losses. Amid this crash, Pomerdoge (POMD) is being explored, attracting investor attention. BNB trades above $200 support Binance, the largest centralized crypto exchange, remains unfazed by increasing regulatory pressure.  Bifinity, the crypto-to-fiat processing unit of Binance, records show, is Lithuania’s second largest corporate taxpayer, with over $45 million paid, excluding VAT, in 2022. You might also like: Binance US loses head of legal and chief risk officer BNB Chain Labs also recently launched a new layer-2 network, opBNB.  Despite supportive fundamental factors, BNB is under pressure, recently falling to as low as $208.  While $200 is a critical support level, analysts are optimistic, expecting prices to recover in the months ahead.  Uniswap activity triggers more ETH burning Uniswap, a decentralized exchange (DEX) on Uniswap, recentl...

Tradecurve overtakes Filecoin as VET prices rise after VeChain inclusion in the Hong Kong Virtual Asset Consortium

While the sentiment in crypto is positive, investors are looking for potential projects. These enthusiasts believe the current market decline is temporary and anticipate a robust recovery. One factor contributing to this optimism is the performance of TCRV, the native token of Tradecurve, during its presale phase. Due to this success, other cryptocurrencies such as vechain (VET) and filecoin (FIL) have seen a decline in their investor base as investors redirect their attention to this new token. >>Buy TCRV tokens now<< VeChain included in the Hong Kong Virtual Asset Consortium The news about VET’s inclusion in the Hong Kong Virtual Asset Consortium is why the VeChain community has been ecstatic. Hong Kong is becoming a hub for blockchain technology and has recently released a cryptocurrency index that includes VET. You might also like: Trust Wallet Token and Tradecurve coins surge over 20% in 7 days, SHIB is green This means that people can now purchase VET...