As Altcoins explode on the back of Bitcoin’s impressive push to $25,000, Crypto News cuts through the narratives to find the altcoins with the best potential returns on the market today.
This week has been characterized by a changing direction for the markets in the industry.
The latest on the back of FUD from the SEC – which has declared regulatory war against crypto firms – is bringing a stop betting Multiple platforms and one opening Check into Paxos (the team behind BUSD).
An emerging Chinese crypto legend has captured hearts, and pumped up Chinese coins New And Filecoin (FIL),
This comes as Hong Kong gives the green light to crypto trading for retail investors – and a An investment pot of $50m (HK Dollar) has been announced To help develop Crypto Hub.
Announcements by the People’s Bank of China to start quantitative easing further fueled the rallies.
This was confirmed on Friday when China released $92 billion worth of liquidity into global markets.
Many have suggested that the massive liquidity injection could be the start of the next crypto bull run.
So, hot on the back of bullish Chinese news – with markets locked and loaded, and the whale is now in storage – This can be a good time for shopping.
The Crypto News team is busy analyzing the best projects in the space. Top Gamefy Presales Fight Out to Real World Assets with Metropolis, a Major DEX Experiencing a Polygon Boom in Tokenized Carbon Credits for Electric Vehicles – This Buying Guide is Not One to Miss.
Fight Out (FGHT)
Move-2-Earn started last year with projects like STEPN to monetize activities as simple as walking. But as the unsustainable economics of STEPN became clear, interest waned.
to fight There are plans to change this and generate interest in the Move-2-Earn space. To address this challenge, Fight Out is rocking the world of potential by providing a complete monitoring system that can record any workout, from your time in the weight room to your hours under the dojo.
With over $4.4 million raised in the pre-sale launched in late Q4 2022. Fight Out hopes to remove barriers to entry that come in the form of expensive starter NFTs associated with platforms such as Web3 Knowledge and STEPN.
The main vision is to open up the web 3 industry so that everyone can benefit while living a healthy lifestyle.
The Fight Out app serves as a fitness-hub platform that enables the user to track, plan, and fine-tune their routine, sleep, and diet within the confines of a monetized in-app economy.
This will see users who join this new ecosystem gain access to live coaching, training classes, PVP State Battles and a chain of physical gyms spread across the globe.
Fight Out team recently announced the launch of an exciting referral promo link program. This gives users the ability to get 5% commission for signing up their friends!
All users need to do is visit the Fight Out homepage, connect a valid crypto wallet, and then click on the 5% referral link button.
At this point, a unique referral link will be generated for you to earn commission! Share the link with friends and family or post it on your social media.
This means that every time someone buys $FGHT tokens – you receive 5% of the purchase amount!
What’s more – this pre-sale superstar is offering $250k! enter here.
Fight Out rewards all types of exercise – and in fact pays with the native $FGHT token that powers the entire market of physical and digital rewards. With presale token prices increasing every 12 hours – don’t miss the future of M2E!
1 inch (1 inch)
This leading DEX project has seen a surge in attention on the back of a bullish week for internal project activity.
Yesterday 1 Inch hit an impressive 1.4m active users of its Polygon series.
This was followed by a new partnership, in which 1 inch polygon-based Blocktopia will collaborate with Metaverse.
1 Inch is currently deeply focused on the development of the ecosystem. Earlier this month, 1 Inch revealed 10m token allocation For its representative incentive program.
All this work is clearly paying off, with 1-inch increases projected to increase 81% through 2023.
Now is currently trading at $0.65 (23h change of -4.8%).
On Monday, the market saw a huge jump with a gain of 1 inch +18.10%.
This sudden move hit bullish resistance which left a 1-inch slippage in -7% local retracement action.
Although the price seems to be consolidating with major strength near $0.65.
Another increase would likely push it 1 inch to historical resistance at $0.745 (a +14.5% move).
Nevertheless the downside risk is notable – a downside break could drop the price to the local support area around $0.55 (move of -15.5%).
With RSI 14 indicating bearish divergence at 60, and MACD providing only reassurance at 0.0001 – things seem to be on the fence.
1 Inch’s current risk:reward ratio structure is 0.93 – not a particularly attractive entry.
It might be better to wait for a better entry after a longer consolidation period. If the RSI can cool further, and the MACD remains bullish, it could signal the next leg of the rally.
Metropoli (Metro)
Metropolitan is a promising real estate crypto project aiming to become the leading platform for the tokenization of real estate.
The platform is building a fully decentralized real estate marketplace based on blockchain, which aims to democratize access to real estate projects by enabling even fractional shares in real estate investments.
The platform uses NFT technology to provide proof of ownership and allows investors to claim a share of the passive income stream.
Metropoli aims to lower the barriers to entry into real estate investing, thereby helping even the smallest retail investor to invest in real estate.
The platform reduces the average purchase time for real estate from 60 days to 20 seconds and helps remove the capital barrier to entry with a small investment requirement of $100 instead of a 15% deposit.
Metropolis has already raised $500k in funding through its pre-sale, and its token economics favor an egalitarian initial token distribution.
,Metro The token serves as the primary means of settlement on the Metropoli platform, which is used to pay for the buying and selling of real estate in the marketplace and for passive income streams from the properties owned.
The platform is set to launch its first assets in the coming month, with plans for a CEX listing, GameFi connectivity, and lending functionality proposed in the future.
Singularity Net (AGIX)
The poster boy of AI crypto fiction, AGIX exploded this February amidst the hype of ChatGPT and Google BART.
Market euphoria inspired an eye-watering 250% rally.
However, since the narrative has calmed down – so has the price action. A deep local retracement move (-41%) has been observed in the last two weeks.
But the sun is still shining for this old-school gem. Just this week the Singularity Net Twitter hit 100k followers – demonstrating continued growing traction.
Since the retracement, AGIX has spent a fortnight in a tight chain pattern as markets take stock of huge gains.
A two-week consolidation battle at $0.40 has seen AGIX bulls battling the 20-day EMA for local support.
is currently trading at $0.39 (24h change of -6.97%).
AGIX price action seems intent on continued consolidation.
Traders are waiting to see if the market will bounce back when the slow rising 200 day MA finally converges with the price action.
The expectation is that this will provide reassurance to the consolidation level with supporting legs that could catalyze an uptrend.
With the RSI cooling down significantly over the past fortnight, it now shows a bullish reading of 41. This is an oversold signal.
The MACD, on the contrary, is sitting at -0.00116. This minor bearish divergence reflects a sustained lower high seen within the consolidation movement. And the convergence between the lower trend line and the rising 200 day MA could signal a need to test support.
Overall, AGIX is still targeting a tough resistance at $0.65 (+65% move from here).
While downside risk is minimal, with the impending convergence of the 200-day MA forming a safety net below current price action. This gives a downside risk to $0.325 (-17%).
The risk:reward ratio is impressive at 3.88 – a very good entry as the consolidation is set to breakout soon.
C+ charge (CCHg)
c+ charge ($CCHG) is a new cryptocurrency that is shaking up the carbon credit industry.
The innovative start-up aims to leverage the industry’s projected growth of $2.4 trillion by 2027. And you don’t need to look far to see its relevance.
Up and down the streets, we’re seeing EV charging stations popping up for fleets of gleaming Teslas. And C+Charge is offering everyday people an opportunity to claim a piece of the pie.
The company offers a peer-2-peer (P2P) payment system for electric vehicle (EV) charging using blockchain technology.
With this system, EV drivers can earn carbon credits and benefit from the growth of the industry.
Currently, only large EV manufacturers such as Tesla are taking advantage of carbon credits. Why concentrate these profits in the hands of a few?
C+Charge aims to level the playing field and put these rewards in the hands of EV owners.
The pre-sale of CCHG tokens is already underway, giving early investors a chance to get in on the ground floor of this eco-friendly project. There’s also a $50k giveaway for early bird investors.
Join the C+Charge revolution today and be a part of a project that is making a difference for the environment.
Don’t miss this chance to support a promising project that has the potential for huge returns.
Disclaimer: The Industry Talks section features insights by crypto industry players and is not part of the editorial content of 0x0news.com.
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