The crypto market is unique, continuously evolving and full of opportunities, especially when a bull run takes hold. For those new to the investment scene, selecting the right cryptocurrencies can be a crucial step towards a successful portfolio. This article highlights key strategies to identify promising cryptocurrencies, offering insights that align with the current surge in the market. It aims to guide beginners to make informed choices amidst the dynamic shifts of this exciting financial sector.
BlastUP Goes Viral, Raising $4 Million in a Few Weeks
BlastUP, the premier launchpad on Blast, has recently made waves in the crypto world with its stunning debut, raising $4 million in just a few weeks. Many smart investors are rushing to buy BlastUP tokens before their value skyrockets.
Holders of BlastUP tokens may benefit from a number of privileges including participation in an Airdrop , exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.
BlastUP stands out from the crowd in the crypto world. Backed by Blast, the sixth largest blockchain by TVL, it offers genuine utility as a launchpad for DApp ventures. With its motto Grow faster, earn more, BlastUP is dedicated to propelling the success of blockchain startups. Those who join BlastUP now become part of a project poised to become the next big thing in this bull run.
Buy BlastUP tokens before they skyrocket
Polygon (MATIC) Price Overview and Expectations
Polygon’s price is between $0.84 and $0.99 right now. In the last week, MATIC dropped by 2.43%. Over the past month, the price fell by 25.23%. But looking back six months tells a better story, with the price up by 70.46%. The moves are not strongly impulsive or corrective, but the indicators like RSI and Stochastic are mid-range, hinting at balance between buyers and sellers.
MATIC is in a tricky spot. The nearest support at $0.78 might hold if prices dip, but if things turn sour, it could fall to $0.63. On the bright side, if buyers step up, we could see it touch $1.07 and maybe even $1.22. It’s a mix of good and bad signals, with the average prices ($0.88 to $0.90) showing stability.
Toncoin’s (TON) Impressive Surge: Will It Keep Up the Pace?
Toncoin’s price has been on the rise with a huge 268.33% jump over the past six months. Its value has surged by 73.77% in the last month and 38.47% in the previous week. By the moment of writing, TON has approached the $7 mark, showcasing an impressive gain. The price movements now suggest it is going through a less aggressive phase, gently adjusting after recent sharp increases.
Looking ahead, Toncoin shows potential for growth, nearing its first resistance level at $7.25. If it crosses this boundary, the next target is $7.88. However, downside risks remain, as TON could drop to support levels at $6.38 or even $5.54 should the market turn. With its moderate Relative Strength Index (RSI) of 44.10, TON’s future price appears balanced with room for both upward movement and possible retreats.
Conclusion
In choosing cryptos for a portfolio, beginners might consider MATIC, TON, and XRP. However, these options may not offer significant short-term growth. Rather, the main attention should be on BlastUP, which stands out due to its innovative concept and its integration within the Blast ecosystem. BlastUP shows a promise of high potential amidst the ongoing bull run, making it a noteworthy option for those looking to secure their investments in the market.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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