Kategorie: Altcoin News

Welups Blockchain (WELUPS) bills itself as an alternative blockchain designed to inspire innovation within its ecosystem. The project is also linked to the Omanee ecosystem and was founded a few months ago in Dubai. Although it is still relatively unknown, some analysts are predicting a big rally in the coming years. Here are some highlights:

Right now, Welups Blockchain (WELUPS) is trading at around $0.001008 with a market cap of $45 million.

Some analysts think that the coin can hit $1 by the end of 2024, a nearly 1000x growth rate.

But as with many relatively new projects, there are still many risks towards that goal down the line.

Data Source: Coinmarketcap

Welups Blockchain (WELUPS) – The road to $1

There are several factors that make analysts optimistic about Welups Blockchain (WELUPS). First, the token has not yet been listed in some of the major exchanges in the world. In the past, we have actually seen coins get a decent bump in the price with such listings. 

Besides, the Welups Blockchain is in fact working on a wide range of key upgrades designed to attract developers towards its ecosystem. Also, after the recent crypto market sell-off, Welups Blockchain (WELUPS) appears to have bottomed. It can only go up from here, especially when you consider that there is improved sentiment in the market.

Is Welups Blockchain (WELUPS) worth your money?

The people who have made huge amounts of money in crypto are those who bought early. Many crypto projects will come in the future, and many will go. But if you can just get in early enough and wait for the project to explore, then you will earn the rewards. 

Welups Blockchain (WELUPS) offers that unique opportunity for early bird investors. With a market cap of just $45 million, this coin has all the potential to expand so much further than it is today.

The post Welups Blockchain (WELUPS) can hit $1 by 2024 – But there are still many risks ahead appeared first on Coin Journal.

The crypto market is showing signs of recovery. It seems like we have finally bottomed and the trend is now reversing upwards. Bitcoin in fact reclaimed $40k while ETH and other altcoins also saw major gains. But meta coins are surging even further. Here is why:

• There have been major developments in the metaverse space with major tech giants announcing new plans to invest.

• Meta coins were hit hard during the crypto slump and as such, it only makes sense that they are reversing faster.

• Meta coins also saw massive gains last year and therefore, investor appetite towards them still remains huge.

Well, if you are indeed looking for small micro-cap meta coins to invest in in 2022, here are the top 3.

Seedify.Fund (SFUND)

Seedify.Fund (SFUND) is a launchpad and incubator designed to provide support for the development and launch of blockchain gaming.

Data Source: Tradingview 

In a nutshell, the platform wants to create a diverse blockchain gaming ecosystem where developers have access to the tools they need to create exciting new games. With a market cap of around $166 million, it has so much potential for growth. At press time, Seedify. Fund (SFUND) was trading for around $6.77.

Ultra (UOS)

Ultra (UOS) is also another relatively new blockchain gaming ecosystem that hopes to provide the launchpad for future games. The project is hoping to become the go-to for decentralised gaming and is so far attracting a lot of interest. At the time of writing, its native token UON was trading at $1.15. The project also has a market cap of $326 million so it can go further.

Verasity (VRA)

Verasity (VRA) is a blockchain infrastructure that provides tools for video publishers. It is geared towards Esports but is versatile enough to encourage innovation in video-sharing technology. Its native token is VRA, and it has a market cap of around $105 million. The coin was also selling at $0.02422 at press time.

The post Top 3 micro-cap meta coins to buy or watch in the coming months appeared first on Coin Journal.

JUNO (JUNO) network, a smart contract platform linked to the Cosmos ecosystem is now among the top 100 cryptocurrencies by market cap. The token has also hit and surged to an all-time high as it continues this incredible uptrend. Here are so notable highlights.

• With a market cap of around $1 billion, JUNO (JUNO) is now ranked among the top 100 coins

• At press time, the coin was trading at $26.36, up by nearly 22% in the last 24 hours.

• JUNO (JUNO) has also managed to hit new all-time highs and is expected to maintain this growth in the coming days.Data Source: Coinmarketcap

JUNO (JUNO) – Price action and analysis

As a layer 1 smart contract network, JUNO (JUNO) is built to solve the inefficiencies and high costs of traditional blockchains. The network is built using the Cosmos SDK but offers scalable cross-chain capabilities. 

At the time of writing, JUNO (JUNO) had surged by about 22% in a single day. It also follows other Cosmos-related tokens that have been basking on the green this week. For instance, Osmosis (OSMO), a Cosmos-based DEX for IBC token swaps, has also seen massive gains. 

The JUNO (JUNO) surge is expected to continue in the coming days, and as sentiment in the broader market improves, the price could go even further above its new ATH.

Is JUNO (JUNO) a decent investment?

Layer 1 scalable solutions are really hot right now, and it’s not hard to see why. People want faster, more efficient blockchains and these solutions help with that. The fact that JUNO (JUNO) is built on Cosmos gives it an edge. 

Cosmos (ATOM) is one of the most exciting projects in blockchains today. So, for investors searching for real long-term value, there is no doubt that JUNO (JUNO) is a very decent acquisition.

The post JUNO (JUNO) enters top 100 crypto rank and hits all-time highs in a recent bullish surge appeared first on Coin Journal.

After suffering major selling pressure at the start of 2022, Telos (TLOS) has rallied massively. The token has now hit an all-time high and while this is good news, there are several reasons that suggest more growth is coming. We will look at them in a bit but here are some highlights first.

• Telos (TLOS) has surged by nearly 230% from the lowest price recorded this year.

• At press time, the token was selling for $1.19, up nearly 17% in 24-hour intraday trading.

• This growth has largely been triggered by new partnerships and developments at Telos (TLOS).

Data Source: Tradingview 

Telos (TLOS) – Why the bullish run will continue

In most cases, when crypto-assets hit all-time highs, they are followed by some pullback. But Telos (TLOS) appears to be running wild and looking at the underlying fundamentals, the long-term outlook is also very positive. 

The reason for this is based on how the Telos (TLOS) ecosystem has been expanding and bringing in new partners. The integration of DappRadar was a big thing but we are also seeing the ecosystem bringing in new strategic DeFi and NFT partners. Also, the integration with Anchor Wallet could be decisive as well in the future. 

Why you should buy Telos (TLOS) now?

The partnerships that Telos (TLOS) is building are designed to expand its ecosystem and create visibility in the crypto market. These are all going to be crucial in the long-term growth of this token. 

But more importantly, Telos (TLOS) has a market cap of around $320 million. This means that the coin has immense growth potential, and as long as they continue doing what they have done so far, it’s conceivable that the market cap could easily jump by a minimum of 10 times in the coming years.

The post Telos (TLOS) hits all-time highs – Here is why more growth is still to come appeared first on Coin Journal.

Render Token (RNDR) has been a star performer in crypto over the last week or so. In fact, the coin has been outperforming the market, surging above most coins that appear to be recovering slowly from the January slump. But the coin saw immense selling pressure today, tanking by nearly 15%. Here are some highlights:

• At press time, Render Token (RNDR) was trading at $3.27, down by 15% in the last 24 hours.

• Despite the intraday plunge, RNDR is still 32% up over the last 7 days, indicating just how strong the recent uptrend has been.

• The coin has in fact surged by over 70% compared to the lows of $1.8 recorded barely a week ago.

Data Source: Tradingview

Render Token (RNDR) – Can the uptrend hold?

Many analysts have a positive outlook on Render Token (RNDR). Based on the price action over the last week, there is no doubt the coin is on a bullish uptrend. The 15% 24-hour plunge could be a much-expected pullback. It does not change the overall outlook and as such, we expect Render Token (RNDR) to continue outperforming the market in the coming days. 

The key will be to watch if there is additional bear pressure in the coming days. Although it is unlikely, if the price retreats towards the $2.89 support zone, we may start to see RNDR lose momentum.

Should you buy Render Token (RNDR)

Render Token (RNDR) is billed as a distributed GPU rendering network designed to offer GPU computing power. The project is built on Ethereum and started operating in 2017. 

There are of course other blockchain projects that aim to offer decentralised computing resources. But Render Token (RNDR) targets the design industry and as such, it can realistically build a strong niche in this area. It is simply a decent asset to hold in the long run.

The post Render Token (RNDR) plunges by 15% in 24 hours despite outperforming the entire crypto market this week appeared first on Coin Journal.