The following encrypted currency of the explosion, February 1 – Conflux, Ethereum Classic, Gas, Apecoin
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The encrypted currency market tests the changes and developments that make up investment options every day. Since last month, she was in a budget race, even with many symbols that have seen price fluctuations.
The encryption market monitors a worthy increase in the trading signals, which prompted investors to search religiously for the next distinctive symbol. However, discovery The encoded currency following the explosion Amid this abundance requires a comprehensive understanding of the market dynamics. Today’s article determines coins with some capabilities and informs investors and traders for each symbol.
The encoded currency following the explosion
Today’s review highlights the promising cryptocurrencies that investors must monitor. Among this is a new project called Wall Street Baby. Wall Street Baby is a new contrast to the beloved Bibi coin that aims to enable traders through exclusive market visions and advice. The distinctive symbol took the scene of encryption through the storm, collecting more than 50 million dollars in a period before it in less than two months.
1.
Conflux (CFX) showed a steady upward trend, with a rise in about 6 % over the past week. This growth follows a wider market that has started in late January, which caught the attention of investors to benefit from momentum. However, the question remains – is this the right moment for investment?
Since the beginning of the year, CFX has been combined below the resistance level of $ 0.1811, and often tests this main price point. The hourly graph indicates that the two righteous merchants are looking for a potential recovery while the distinctive symbol hovered around immediate support. If CFX can keep more than $ 0.16, this may be a trade stage of about $ 0.18293.
As CFX approaches the resistance, some investors may get profits, leading to a possible decline. A more promising purchase chance can arise if the distinctive symbol succeeds in exceeding $ 0.1921, which may indicate a shift in the direction or additional gains. However, if the bullish momentum fades, CFX may decrease to less than the level of its support of $ 0.1175, which may start in a declining direction of about $ 0.0964.
Bug Bounty alert 🚨
Hey, the Conflux community! Do you want to make our site better and earn bonuses? We need to see you! 💡
🔍 We are looking for:
🔹 Ux or hiccups
🔹 Inaccurate information
🔹 Any other valuable reactionsThe deadline: February 15, 2025
📜 Dive into … pic.twitter.com/lkjandbc2z
– Conflux (Conflux_network) January 31, 2025
Market indicators indicate mixed signals. The RSI is 53.41, indicating neutral conditions. Meanwhile, the simple moving averages remain for 50 days and 100 days less than the current price, noting that a short and medium -term bullish capabilities. On the contrary, the 200 -day moving average remains the price, and it may act with long -term resistance.
2. Ethereum Classic (etc.)
Ethereum Classic (ETC) arose in 2016 after a division of ETHEREUM after a major electronic attack. While Ethereum chose the opposite of the effect of the attack, Ethereum Classic supported the principle of “law is law”, preserving the original Blockchain. This decentralized commitment made it stand out in the encryption space.
Recently, Ethereum Classic has seen price fluctuations. During the past day, etc. increased by 0.83 %, up to its current value to $ 26.28. Analysts suggest that the price may exceed $ 30.00 if market trends remain favorable.
Unlike Ethereum, which moved to the proof of adulthood in 2022, Ethereum Classic is still working on the work proof model. This is the main difference of investors who prefer a traditional Blockchain structure. The maximum Cryptocurrency market is currently $ 3.95 billion, which reflects steady growth. Security improvements also strengthened its network, as it treats previous weaknesses.
Besides being a value store, Ethereum Classic plays a role in decentralized applications (DAPS). It allows direct transactions without intermediaries, making transactions faster and safer. Developers also use Blockchain for financial applications and supply chain, adding to its long -term benefit.
While Ethereum Classic is still less prominent than ETHEREUM, he kept a foothold in the market. It can be among the best cryptocurrencies to be seen in the coming months if the bullish momentum continues.
3. Wall Street Baby (Wepe)
Wall Street Baby ($ Wepe) Newspaper headlines are issued with their explosive printers, exceeding $ 65.6 million, with excitement growth among investors. With a daily donation rate of about $ 1.2 million, the distinctive symbol attracts great attention, and only accelerates its momentum. According to the official countdown, only 16 days remain before the sale. However, the informed expect that a sale will occur in a much closer – within the next ten days.
$ 65 million collected. I faded. We laugh. 🐸⚔ pic.twitter.com/yplwbrqvd5
Wall Street Pep (WePetoken) January 31, 2025
Investors rush to secure $ Wepe before they reach the main stock exchanges. The project aims to challenge the impact of hedge funds, market recipients, and traders from the inside by building a strong commercial group driven by society. With emphasis on teamwork, Wall Street Baby follows the slogan “Strong frogs together”, where they collect experts and investors to create an ecosystem moved by profits.
At $ 0.0003665 during the pre -preparedness period, this may not be at the cost again. Of a total of 200 billion symbolic supplies, 80 % was allocated by government representation, and the demand is very high so that the symbols are purchased almost every second.
With such a tremendous effort to collect donations, Wall Street Pep is likely to attract the attention of the main stock exchanges, making early investment more attractive. As the pre -enjoyment period approaches, potential buyers move quickly to avoid losing what could be one of the most launching operations in the Meme coin space.
Join Wepe Presale
4. Gas (gas)
Gas (gas) is an essential part of the Neo Blockchain, as it enhances the transactions and smart contracts on the network. He rewards new holders and members of the council to participate in the ecosystem, ensuring smooth operation and governance.
The recent developments have strengthened the role of gas and increased its value. The decrease in gas fees by 80 % last year was a turning point, making transactions and implementing the smart nodes at reasonable prices. This change has made the Neo network easier, encouraging the broader adoption and increasing the total gas tool.
Another important teacher was to move from Neo Legacy Mainnet to N3 Mainnet. This shift officially ended the generation of gas on the old network and enhancing the new development, which represents a major step in its long -term development.
With its current price of $ 4.84, gas has gained 1.90 % over the past 24 hours. With 18 green days in the past month – a positive price movement of 60 % of time – GAS shows strong liquidity and ups in the upscale market. The Fear & Greed index is also located in 68 (Greed), indicating increasing optimism between investors and increased transactions activity.
5. Abaykin (monkey)
APECOIN (APE) is TERC-20 Tokeen designed to pay the governance and benefit within the APE ecosystem. By holding a monkey, users obtain voting rights at Apecoin Dao. This decentralized governance system determines how to allocate the funds of the ecosystems. This model encourages community participation and enhances a more central web3 environment.
Apecoin is trading at $ 0.9947, with a daily trading volume of $ 77.14 million and market prices amounted to 748.67 million dollars. This places the APE market share by 0.02 % of the encrypted currency market. The introduction of Apechain enhances the distinguished symbol benefit, allowing a smooth transfer between Apechain and ETHEREUM (ETH) and Arbi (ARB). Moreover, the APE contract on Apechain has an additional benefit-automatic return, which increases the long-term symbol appeal.
APECOIN recently destroyed the declining trend line that has restricted price movement since June. This penetration indicates a potential ascending momentum, where analysts speculate that APE can remain higher than the $ 1 sign and move about $ 2 if the upward trend continues. However, caution remains because some long -term holders sell their monkey. Bitcoin’s general market performance can affect its future business.
The new lights season in Apechain works on all eyes on you (and me Magageden).
In this season, we send the trainee abroad with more than $ 250,000 to raise NFTS on Apechain from the highest societies in Spotlight.
Here is the deal, for the first time ever, there will be … pic.twitter.com/vJevlcvs2p
– Apecoin (Apecoin) January 31, 2025
The 24 -day relativity index stands in Apecoin at 52.11, indicating a neutral position. This indicates that the distinctive symbol may continue to trade sideways until a stronger market signal appears.
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