In their newsworthy study, the co-founders of Glassnode think that the crypto market will grow by 350%, which is a huge increase. Several key signs point to this positive outlook. These signals show that crypto is becoming more popular and trusted as an actual trading category for companies. However, the research also shows that the market system now has a stronger base, which could lead to bigger spending. People are generally feeling better about the market because of the crypto’s current track record.
There are cases of big investments that support the positive view, such as a well-known “Ethereum whale” who bought a lot of ETH. This is a strong sign of faith in the future market. Today’s article will explore several coins that seem ready to experience growth in view of all the positivity.
Ride The Wave of Innovation with ScapesMania
The introduction of a new crypto project is usually met with very cautious optimism. But when its numerous past sales and token generation event (TGE) are a huge success, it all seems like the first step on a path full of growth potential. ScapesMania, the groundbreaking casual gaming project, has a lot to show for its unstoppable hype.
$MANIA has stepped into PancakeSwap, a decentralized exchange on the Binance Smart Chain network known for its extensive user base and liquidity. The debut trading day proved to be impressive. The token price demonstrated resilience, indicating robust tokenomics and promising prospects for the project. Unlike short-term ICOs, ScapesMania has proven itself to be a serious venture within a thriving market.
Just let the numbers speak for themselves:
- Holder count: 18.41K
- 24-hour trading volume: $2.25M
- Over 2,535 buys and 1,651 sells
ScapesMania also topped DEXTools’ Hot Pairs list right away after its debut.
This project started out with a presale event that garnered an incredible $6.125 million. The fact that it attracted over 60,000 followers across different social media networks and a vast number of holders is even more remarkable. This strong support and funding demonstrate how appealing and promising the project is to a wide audience. A real breakthrough might be just around the corner, so it would be a waste not to grab $MANIA tokens before they skyrocket.
The launch of liquidity pairings including MANIA/WBNB and MANIA/USDT marked the beginning of active trading. The demand from the community led to USDT becoming the main source of liquidity.
Why get involved with ScapesMania now that it’s listed? First, $MANIA tokenomics are balanced, with a cliff and vesting system helping maintain stability. Second, through DAO governance, community members can vote on ecosystem development decisions. Finally, ScapesMania continuously expands token utility, offering more benefits to $MANIA holders.
With a strong plan for promoting the project after listing, its success might keep up the record-breaking pace after its debut. The team’s dedication to long-term development and prominence in the cryptocurrency industry is shown by their impressive marketing efforts — 75K+ average monthly traffic is no joke.
Additional upsides that may be among the biggest deciding factors are:
- The project’s smart contract has been approved by BlockSafu. Holders may rest certain that the project’s infrastructure is reliable and up to par thanks to this endorsement.
- Enthusiastic support from numerous notable crypto influencers. It lends legitimacy and affirms ScapesMania’s status as one of the promising new projects.
- Experienced team. Innovating and executing a project successfully requires a team of seasoned specialists. This project is in a strong position to overcome any obstacles and take advantage of opportunities.
- Bright future. The project has come a long way, but it still has a long way to go. There are tentative plans to list on a centralized exchange (CEX), which will provide access to more markets and more liquidity.
Everything about ScapesMania was carefully designed to facilitate major growth potential. From successful, well-publicized sales to its advantageous alliances, seasoned staff, and strategic positioning in the casual gaming niche – it looks poised for big things.
Choosing ScapesMania right now, post-TGE, offers early access, exclusive benefits, diversification, lower competition within a dynamic niche, and, more importantly, a potentially perfectly-timed entry point. The coin’s stable post-listing price and strong initial support, coupled with an influx of newcomers, indicate long-term confidence, so it might be the time to make your decision.
Tron (TRX): Poised for Recovery with Strong Support
The first candidate, Tron (TRX), is maintaining a bullish structure, supported by a 405-day ascending support trend line that has been validated multiple times. The cryptocurrency’s ability to stay above this critical support line despite a 25% correction since its yearly peak suggests a resilient underlying strength in its market position.
Currently, Tron (TRX) finds itself at a confluence of support levels, bolstered by a horizontal support area and the 0.382 Fibonacci retracement level. This setup provides a strong foundation that could potentially cushion further declines and foster a rebound.
With the RSI indicating a bullish divergence from oversold territory, there is a significant chance that Tron (TRX) could witness another impressive rally similar to the one it experienced after a similar signal in 2022. The overall wave count on the weekly charts suggests an impending upward movement, possibly driving the price towards new highs. Conversely, a breakdown below the $0.107 support level could trigger a steeper decline to the lower bounds of its support channel at $0.095.
Gala (GALA): Rising Momentum Amid Market Fluctuations
Rounding out our text, there’s Gala (GALA). It has shown a notable uptick in its market presence with a recent price increase pushing its value to $0.04476, signaling a robust upward trend. The token’s market capitalization has ascended to $1.34 billion, reflecting a 6% growth. This surge indicates strong investor confidence and an active market, with trading volumes reaching a substantial $252 billion in a single day.
Despite a 22% depreciation over the last week and a 16% drop over the past month, Gala (GALA) maintains its vigor in the market. The fluctuations and periodic corrections suggest the market’s dynamic and adjusting nature. The cryptocurrency’s technical setup remains bullish, with resistance points hinting at potential growth towards and beyond the $0.05 mark.
Gala (GALA) continues to play a pivotal role in the Gala Games ecosystem, fueling transactions for NFT purchases and node license acquisitions. A crucial breakout above the $0.047 resistance could significantly propel the token’s price, potentially aiming for a milestone of $1. However, any downturn could pull the price back to the $0.04 support level, underscoring the market’s volatility.
Conclusion
Glassnode’s co-founders expect an amazing 350% growth in the crypto market, which might change everything. This positive view is supported by the fact that more institutions are becoming interested in cryptocurrency and more people are accepting it as a real way to trade. Important players like Gala (GALA) and Tron are a big part of what’s causing this shift in fortunes. Gala (GALA) is focused on games that use blockchain technology and Tron (TRX) is working to improve how content is distributed. As the market waits for this growth, attention also turns to how these coins can evolve strategically.
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