3 Altcoins For Potential 100X Gains This Week

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The crypto market is currently experiencing a phase of relative calmness, particularly in the altcoin sector. Bitcoin, the market leader, has seen a slight increase over the past 24 hours but remains unable to decisively reclaim the $43,000 level. This stagnation in Bitcoin’s value has led to a decrease in its market dominance, which has dropped to 49.8% on CoinMarketCap, a notable decline from over 53% just a week ago. The total crypto market cap, however, has recovered from a $10 billion loss and now stands at approximately $1.690 trillion.

Altcoins, typically known for their volatility, have also shown uncharacteristic steadiness. Major altcoins have seen minor gains, so traders looking for ROIs in the ballpark of x10-x100 need to look elsewhere. We tracked down the most impressive emerging assets to give you a chance to potentially gain some if everything goes right.

ScapesMania: A Newcomer to the Crypto Scene

ScapesMania emerged as a one-of-a-kind gaming ecosystem that caters to two distinct audiences. It offers casual gamers an immersive experience while empowering crypto enthusiasts to enjoy the rewards of the project’s performance and actively shape its future.

For many crypto enthusiasts, ScapesMania has already become one of the top new projects for 2024 and beyond. The community’s excitement is evident as the project has successfully raised over $4,445,000 to date solely from crowd/retail contributions, and this figure is growing by $43,000-$85,000 daily.

Presale Opportunities

If you’re looking for more predictable growth, take a closer look at ScapesMania’s proposition. The presale offers buyers a chance to reap the early bird advantage by acquiring tokens at a whopping 25% discount. Once the presale finishes, the listing price is set at $0.1 per coin, hinting at the possibility of lucrative returns for early adopters.

Note that the discount won’t last forever – the clock is ticking and all interested in leveraging this offer need to act fast. Also, while it’s still somewhat breaking news, you have enough time to follow the crypto whales – they recently made their move to acquire plenty of ScapesMania.

Growth Potential

A closer examination of ScapesMania’s tokenomics and other features provides insight into why it could be one of the best altcoins to hold now. The ecosystem operates within the flourishing $376 billion gaming industry which is only projected to grow, reaching $521.60 billion by 2027.

Furthermore, ScapesMania holders can benefit from a variety of incentives, including buyback, burn, and staking opportunities. Early buyers also have the chance to receive up to +107% in bonuses.

The innovative core idea, impressive presale figures, $100,000 giveaway, undying social media hype, and other positive aspects suggest that ScapesMania could continue its winning journey. The listing date is almost here, so there’s a very limited time frame for you to secure your position. It is an exclusive opportunity to be a part of the launch of ScapesMania and to potentially benefit from it.

Secure higher gains by grabbing a sizable bonus of 10% on ScapesMania! Use code QXI325 at checkout in a special textbox for an even better deal on a cryptocurrency that could make you the envy of the entire crypto community. Act fast – the offer is valid for a limited time only.

Cosmos (ATOM): Navigating Inflation and Market Dynamics

Cosmos (ATOM) is currently experiencing a significant shift in its economic model, with the community voting on a proposal to set the minimum inflation rate at 0%. This follows a previous decision to cap the maximum inflation at 10%. The proposal, known as Proposal 868, aims to reduce the minimum inflation from 7% to 0%. This change is expected to benefit Cosmos (ATOM) stakers and holders by addressing the issue of increased token supply and its impact on the asset’s value.

The proposal to adjust the inflation rate comes at a time when the Cosmos (ATOM) price is facing market fluctuations. The price of Cosmos (ATOM) has seen an increase of 5% over the past month. This price movement reflects the broader market conditions and investor sentiment towards the proposed changes in the network’s economic model.

The decision to push for a minimum inflation rate of 0% could have a positive impact on the price of Cosmos (ATOM) in the long term. By reducing the rate of new token creation, the proposal could lead to a perceived scarcity of Cosmos (ATOM), potentially increasing its value. However, the success of this strategy depends on the broader market’s reception and the effectiveness of the Cosmos network in maintaining security and encouraging staking. The outcome of the community vote and the subsequent implementation of the proposal will be crucial in determining the future price trajectory of Cosmos (ATOM).

Near Protocol (NEAR): Consolidation and Breakout Potential

Near Protocol (NEAR) is currently exhibiting a bullish flag setup, indicating a potential rally in its price. The Near Protocol (NEAR) price has shown resilience in the face of market volatility and short-term fluctuations in Bitcoin’s price. This consolidation phase suggests a strong foundation for a possible breakout.

Near Protocol (NEAR) price has been consolidating between $3.33 and $3.50, setting the stage for a potential breakout. The formation of a bullish continuation pattern, known as the bull flag, hints at an ambitious target of $6.50, representing a 123% increase from the current levels.

The bullish outlook for Near Protocol (NEAR) is contingent on the price breaking above the upper level of the flag pattern at approximately $3.75 and ideally flipping the $3.90 hurdle. However, investors should be cautious as the rally could face resistance around the $5.87 weekly resistance level. A close below $2.75 would invalidate the bullish thesis and could lead to a decline towards the $2.57 to $2.70 support area. The future price movement of Near Protocol (NEAR) will depend on market conditions and investor sentiment, with both upside potential and downside risks to consider.

Conclusion

The current state of the crypto market, characterized by a general calmness and minor fluctuations, sets an intriguing stage for several altcoins. For example, ScapesMania, still in its presale phase, is drawing attention with its gaming-related concept and significant social media buzz, offering an early bird advantage for savvy backers.

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