These 5 Cryptocurrencies Could Hit Prices This Weekend – Where Can I Buy Them
participate telegram A channel to stay up to date on breaking news
The cryptocurrency market has enjoyed a rally over the past 24 hours after a mixed week. Its total cap rose 6% in the past day to $1.77 trillion. This is him up 5.3% in a week and down 4.7% in a month. With an Ethereum merge slated for sometime early next week, the market could see a lot of positive action in the next few days. Here’s a compiled list: These 5 cryptocurrencies could see a surge in price this weekend.
These 5 cryptocurrencies could see price increases this weekend
1. Battle Infinity (IBAT)
IBAT is up 1% in 24 hours to $0.00401539. However, it is down 12% in one week.
The IBAT chart shows that after bottoming out, it is just starting to rise. This could very well be the case as the overall market appears to be about to recover as a result of the merger.
IBAT is one of the most promising new altcoins on the market. Since the pre-sale sold out in early August, the listing has been quickly accumulating, and on August 17th he became tradeable for the first time via PancakeSwap. LBANK Exchange has recently been listed as well as DEX Coin98. More listings are coming soon, all of which will provide liquidity to witness further gains.
If #Coin98Exchange is a brilliant galaxy💫, with 5 new stars that recently shone ✨✨
Welcome $SNFTS $TINU $IBAT $alpha $ rack
trade easily? ➡️Trade at https://t.co/G4R41zTuvU💰💰 pic.twitter.com/u4Z4c7NsJ4
— Coin98 Exchange (@coin98_exchange) September 4, 2022
Based on Binance Smart Chain, Battle Infinity is a metaverse of sports-themed games. Various of his NFT-based games are coming, including the IBAT Premier League, which are still in development. The latter allows players to build their own fantasy sports team made up of his NFTs of real athletes. This team will compete against each other and the winner will receive a crypto-based reward.
Over time, Battle Infinity will grow to incorporate other crypto- and NFT-based games. In addition to this, it will also include a competitive staking feature, his own DEX, and an NFT marketplace. All this sounds very ambitious. That’s why IBAT is included in his list of 5 cryptocurrencies whose price could rise this weekend.
2. Ethereum (ETH)
ETH climbed 5% in the last 24 hours to reach $1,705. This is the highest level in the past two weeks, showing a 7% rise in seven days, but has been essentially flat for a month.
The ETH indicator is very well positioned. The Relative Strength Index (purple) has just crossed 50 and is trending upward. Similarly, the 30-day moving average (red) is set to rise towards the 200-day average (blue), indicating a breakout.
The merge is scheduled for next week, so this breakout could come soon. Now that we have successfully completed the last update (Bellatrix) before moving to PoS, all that remains is to perform the merge. According to co-founder Vitalik Buterin, this will take place between Tuesday, September 13th and Thursday, September 15th.
The merger is still expected to take place around September 13-15. What’s happening today is a Bellatrix hard fork that *prepares* the chain for integration. Still important – update your client!
—vitalik.eth (@VitalikButerin) September 6, 2022
A successful merge will improve ETH in the short term, but it will also deflate the coin in the long term. Staking reduces the amount of ETH in circulation, but the reward for staking is less than the reward for mining. That’s why it’s one of five cryptocurrencies whose price could skyrocket this weekend.
3. Lucky Block (LBLOCK)
LBLOCK is down 31% over the last 24 hours, falling to $0.00055653. It also decreased by 57% in one week, but increased by 32% in two weeks.
LBLOCK’s momentum has fallen off a cliff in the last 24 hours. The RSI has broken below 20 and is still around 30. Similarly, the 30-day average suggests he is below 200 days and nearing the bottom. This means it’s oversold, and now might be a good time to buy cheap.
What seems to be happening with LBLOCK is that its market has become more volatile after opening up to more liquidity. may increase. For example, LBLOCK was recently published on Gate.io and has also been listed on Uniswap, MEXC Global and LBANK Exchange in the last few weeks. Such listings can only be very positive in the long run by making them more accessible to more buyers.
📈 https://t.co/a1d9vDe5GZ Performance of 5 projects at startup#NEER: 185.71%#shopping: 150%#SPEX: 100%#LBLOCK: 84.27%#CHO: 32.3%
🪩 Learn more #Start-up:
🔸https://t.co/jhTznYxgOi
🔸https://t.co/8Mta4NldKY#gateo #gateiostartup #cryptocurrency pic.twitter.com/TEwHSCoGP4— Gate.io Startup (@Gateio_Startup) September 9, 2022
Currently running on Ethereum, Lucky Block is a cryptocurrency gaming platform that allows users to participate in prize draws with a guaranteed minimum of $50,000. These draws launched at the end of May, but Lucky Block recently expanded its ecosystem to include various NFT-related contests.
gum! Grab one of the Platinum Rollers Club to start your day #NFTs 🌤️
lifetime entry to #NFTs raffles, weekly tournaments, etc. #PRC NFT holder! 🚀
Get it now at https://t.co/DppL2Cq1q6 🤞#NFT competition #NFTs #NFT Collection pic.twitter.com/nmvgVNvFOA
— Lucky Block (@luckyblockcoin) August 18, 2022
One of the most attractive features of Lucky Block is that LBLOCK owners can receive rewards for their votes. Charities that receive 10% of each prizeA feature like this would be an interesting proposition and that’s why it’s included on this list.
4. Lido DAO (LDO)
LDO is up 4% in one day to $1.99. That’s a 5% drop in a week and a 12% drop in a month.
The LDO metric fell close to 30 before jumping to 60 in a seesaw week. The 30-day average forms a golden cross with the 200-day average, and this uptrend is likely to continue.
Interestingly, LDO is one of the top 100 best performing coins in the last 90 days. This is because the move of Ethereum to his PoS has increased demand for Lido’s services, making Lido happen to be one of the largest multi-chain staking platforms in cryptocurrency. In fact, it is the largest staking platform for Ethereum staking, so you can benefit greatly from Merge.
1/ @Lido Finance represents the largest Liquid Staking Derivatives (LSD) provider of any protocol. @Ethereum4.1MM or higher stake $ETH.
But Lido is so much more…
Let’s explore how Lido aims to expand and extend its dominance. @OptimismFND When @ Arbitrum🧵 pic.twitter.com/0t9PbwbVkH
— Messari (@MessariCrypto) August 22, 2022
Additionally, Lido is launching staked Ethereum (stETH), a derivative crypto issued when you stake ETH on Ethereum’s new beacon chain, on Layer 2 chains such as Argent. This ability to deploy stETH on Layer 2 networks will be very useful for traders who want to use altcoins for DeFi purposes. Lido has become the second largest DeFi protocol on the market by total value locked ($7.5 billion).
Lido launches stETH on Layer 2 🏝️
Ethereum is scaling and so is Lido.
Lido stakers will soon be able to use stETH assets in Layer 2 DeFi.
For more information, please visit https://t.co/QCsQry4V41.
— Lido (@LidoFinance) July 18, 2022
LDOs can be traded on Binance and MEXC Global.
5. Ethereum Classic (ETC)
ETC was $38.52, up 4.5% in a day and 16% in a week. It is also up 5% over the last 30 days.
The ETC indicator shows strong momentum and may increase over the weekend. The RSI is up to 60 and the 30-day average is above his 200-day average with room to spare.
ETC is rising due to a merger that indirectly benefits Ethereum Classic. This means that there will be no need for Ethereum miners and many will likely migrate to Ethereum Classic. This will improve the security and strength of Ethereum Classic’s network, which in the past has been criticized for being susceptible to 51% attacks. Currently, the increase in miners has increased market confidence and caused a surge in demand.
In fact, hashrate data suggests that miners have already started migrating to Ethereum Classic. According to BitInfoCharts, that rate has more than doubled since mid-July. ETC is one of five cryptocurrencies to see a price spike this weekend as it is likely to continue to rise after the merger. You can trade almost anywhere.
Your capital is at risk.
read more:
participate telegram A channel to stay up to date on breaking news
These 5 Cryptocurrencies Could Hit Prices This Weekend – Where Can I Buy Them
Source link These 5 Cryptocurrencies Could Hit Prices This Weekend – Where Can I Buy Them