In 2024, the crypto market is witnessing significant growth, with Bitcoin and Ethereum leading the way as preferred alternatives to traditional investments. Institutional dominance in crypto is growing and, while BTC and ETH are riding the wave of fresh money inflows, other digital assets are expected to benefit in a more implicit way.
Amidst this growth, three altcoins, Jito (JTO), ApeCoin (APE) and Blur (BLUR), are garnering attention for their potential to deliver substantial returns as they're set to possibly rake in strong profits next year, reshaping the crypto game.
Ride The Wave Of Innovation With ScapesMania
As the ScapesMania presale nears its completion in February, the team is working hard to secure a quick listing on tier-1 exchange platforms. There is a good probability that the token's value will increase exponentially after the listing.
The team behind ScapesMania, with years of expertise, has crafted a robust post-listing marketing strategy. Buyback, burn, staking, and all the perks for holders keep attracting new adopters. Through DAO governance, backers will be able to influence and benefit from a multi-billion-dollar industry.
Moreover, the token's utility is impressive. It's not another meme coin whose success relies heavily on trends and hype. ScapesMania (MANIA) is a well-balanced, meticulously designed project that acts as a gaming ecosystem.
As the presale is wrapping up, you need to act fast and grab your discounted tokens now! The countdown is on – don't let this chance pass you by.
Presale is Live Now – Join Now for a Chance to Benefit with MANIA
ScapesMania, a player in the $376 billion gaming industry, leverages the market's growth potential. Post-exchange debut, holders can anticipate greater liquidity and easier trading.
The community's excitement about the project is evident so far, with $4,400,000+ raised to date from crowd/retail contributions alone. Notably, the fundraising amount is growing by $50,000+ daily and the follower count has reached 60K+ and showcases a weekly growth of 12%.
The growing interest from crypto whales with checks of $20,000+ might expedite ScapesMania's transition from niche to mainstream.
ScapesMania's smart contract has received approval from prominent security-ranking firms, ensuring peace of mind for holders. Additionally, the award-winning team behind ScapesMania secured a prestigious grant from a prominent player in the blockchain industry.
Furthermore, ScapesMania is notable for putting its community front and center. Driving customer engagement and making sure that everyone benefits through great tokenomics and generous rewards is where ScapesManias stands out.
Make sure you don't pass up the opportunity to get the early bird discount as the presale nears its end. Be quick if you want to get your hands on those lucrative tokens before they're all gone.
Presale Ending Soon — Secure a Discount Now!
Jito (JTO): Aiming to Become the Lido DAO of Solana
Jito (JTO) has recently shown a remarkable recovery, reaching the $2.8 mark, its highest since late December. This is largely attributed to the growth of the Solana ecosystem as Jito (JTO) aims to replicate the success of Lido DAO within the Solana space. With Jito's (JTO) valuation now exceeding $305 million, it's clear that investors are taking serious notice.
Jito (JTO) is currently trading in a range from $1.7 to $3.06. The 10-day Moving Average is at $2.27, while the 100-day Moving Average stands at $1.99. Jito (JTO) has established a support level at $0.87 and faces resistance at $3.6 and $4.97.
Jito's (JTO) future performance relies heavily on the continued growth of Solana and its ecosystem. The Jito (JTO) token price seems poised to climb, eyeing a move towards the $3 mark as its next major target. However, a drop below the support level of $2.4 could negate this bullish outlook. As Jito (JTO) forges a path in liquid staking, its competition with BlazeStake could be a decisive factor in its future prospects.
ApeCoin (APE): Riding the Wave of Game Edition Launch
ApeCoin (APE), associated with Yuga Labs' Bored Ape Yacht Club, has experienced an 11% surge in value following the announcement of a new game edition, Dookey Dash – a testament to the growing interest in the token's utility within the Bored Ape Yacht Club ecosystem.
Apecoin (APE) is oscillating in a range between $1.24 and $1.52. The token's 10-day Moving Average is at $1.43, with the 100-day Moving Average close at $1.44. ApeCoin (APE) has support levels at $0.83 and $1.11 and encounters resistance at $1.66 and $1.93.
The future of ApeCoin (APE) appears promising considering the Dookey Dash launch and the token’s association with popular NFT collections like Bored Apes and Mutant Apes. However, ApeCoin's (APE) success depends on the continued growth and popularity of the Bored Ape Yacht Club. As ApeCoin (APE) introduces new features and secures new partnerships, its value could increase, but any setbacks in the ecosystem might pose challenges.
Blur (BLUR): Sustaining Rally Amidst Token Unlocks
Blur (BLUR), an Ethereum-based NFT marketplace, has maintained its price rally despite unlocking nearly 50 million tokens. Noteworthy, Blur’s (BLUR) monthly token releases have historically led to notable price gains.
Blur (BLUR) is now hovering between $0.405 and $0.671. The 10-day Moving Average is at $0.66, while the 100-Day Moving Average is marked at $0.551. The token has a support level at $0.262 and eyes resistance at $0.794 and $1.059.
Blur’s (BLUR) prospects are optimistic as the marketplace keeps unlocking tokens without adversely affecting the token’s price. The future trajectory of Blur (BLUR) will depend on the NFT market's health and the platform's ability to attract both users and new listings. However, the release of more tokens into the market could trigger selling pressure, potentially impacting the Blur's (BLUR) price stability.
Conclusion
While Bitcoin and Ethereum lead the crypto domain's growth post-Bitcoin ETF approval, smaller cryptocurrencies are also benefiting from the overall market expansion. Among these, Jito (JTO), ApeCoin (APE) and Blur (BLUR) stand out for their potential to deliver significant returns. Jito (JTO) is leveraging the expansion of the Solana (SOL) ecosystem, ApeCoin (APE) is capitalizing on its connection with the Bored Ape Yacht Club, and Blur (BLUR) is maintaining its value in the face of token unlocks. These coins are making waves in the crypto scene by riding the Solana (SOL) wave, banking on elite club hype, and holding steady amidst market fluctuations – factors that can make them promising options for investors seeking substantial gains in 2024.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
