world’s largest cryptocurrency As Bitcoin, Ether have declined over the past few days, investor sentiment has weakened. Amidst the volatility and popularity, crypto experts see the following tokens that can be seen for this year.
“The bullish scenario is that it is an accumulation phase and the market is just going sideways and just waiting for a spark to start a fresh ride. On the other hand, in a bearish scenario, many analysts believe That the market is losing support and may start a fresh signal,” said Satwik Vishwanath CEO, Unocoin.
solana
Called the “Ethereum killer”, this scalable proof-of-stake-cum-proof-of-history blockchain made its mark in the space in just 2 years. The solid foundation on which Solana built its way to the top has enabled 65,000 transactions per second “The goal is to make Solana the fastest cryptocurrency ever, as well as finalizing transactions in 13 seconds,” said Ayush Sharma, co-founder of Techpay.
According to Melbin Thomas, co-founder of Sahicoin, its fast processing times and low fees make Solana a lovely infrastructure. More than 400 projects are being constructed on Solana. Solana is in Golden Ration Zone (61.8%) as per Fib Retracement. The coin is in a strong support zone and may see a range of $115 to 130 before moving higher again.”
“Solana is turning several lower levels and has failed to break the resistance. Currently in the daily candle chart, if the bulls can push and break the 20-day EMA at $149.82, there is a high probability that it will continue to break above the 40-day EMA at $149.82. The MA will reach $163. The RSI is showing a good sign for buyers below 40. If the bears push down to the support at $133, a counterattack from the bulls could turn out to be a bad picture for SOLUSD. It is,” suggested Vishwanath of Unocoin.
cardano
“Capable of processing 257 transactions per second, with transaction end times of approximately 5-10 minutes, the price of Cardano is evolving due to the rapid growth expected within the coming days,” said TechPay’s Sharma. Many people are buying $ADA.”
According to Viswanath, “The most interesting crypto to watch right now is undoubtedly Cardano. News surrounding the launch of Sunday Swap: A decentralized trading protocol on the Cardano blockchain is going out, this is likely to be an uptrend for ADAUSD.” ,
theta
“Theta is a Web 3 video sharing protocol. It is currently disrupting the YouTube-dominated video streaming space in Web 2. Theta is building a creator-driven economy where creators are rewarded with Theta Tokens for their contributions to the platform. is rewarded with,” said Melbin Thomas, Co-Founder, Sahicoin.
phantom
Phantom is a smart contract platform that intends to solve the scalability issues of existing public distributed ledger technologies. It is a layer 1 infrastructure just like Ethereum.
“Phantom’s mission is to make it easy to transact across multiple blockchains, and to create an ecosystem that allows for real-time transactions and data sharing at low cost. Phantom has one of the strongest communities in the crypto ecosystem. One of them,” highlighted Thomas of Sahicoin.
The views expressed here are for informational purposes only and should not be construed as financial advice.
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