After the opening of the US stock market yesterday, the Nasdaq and S&P 500 indices experienced a slight decline, but Bitcoin continued to perform strongly, once again approaching around $107,000 today, just a step away from its historical high. In the past week, there has been little significant macro data in the market; market sentiment has mainly been driven by a few events:
Will Trump make some big moves? Will China-US trade ease? Are there signs of a ceasefire in the Russia-Ukraine conflict?
These factors could continue to push up Bitcoin prices. It's noteworthy that recently, the US has increased its support for the crypto market, with Arizona, New Hampshire, and Texas passing the Bitcoin Reserve Bill, along with the preliminary passage of the Stablecoin Bill yesterday.
The passage of the bill will clarify the rules, potentially leading to a surge in stablecoin issuance, attracting more funds into the crypto market, and increasing liquidity, which is beneficial for the crypto space in the long term. This also indicates that the US is accelerating the normalization and scaling of the crypto industry, with policies leading the way and legislation providing protection, necessary for the growth and strength of the industry; these bills are clear signals. Additionally, it's worth noting that several officials from the Federal Reserve have stated that there will be no interest rate adjustments in the short term, and it is highly likely that there will be no rate cuts in June and July. They are still observing the impact of tariffs on inflation, whether it is a one-time shock or a long-term one.
Bottom fishing for 3 altcoins with future potential for 10x growth!
1.FLOKI
Floki Inu (FLOKI) has been attracting traders' attention as it hovers near a key support level. After reaching a high of around $0.000074, it briefly dipped but then rebounded strongly. As of now, its price has risen to $0.00009718. This is a solid trend, with the token increasing by over 7% in the past day and a substantial 72% over the past month.
If the price remains above the key level of $0.000057, this momentum may continue. Many investors are closely watching whether FLOKI will continue to rise or face selling pressure.
One of the most important developments that may further promote FLOKI is its upcoming exchange-traded product (ETP), which will debut on the Swiss stock exchange in 2025. This move could help FLOKI shed its status as a meme coin and attract more serious investors, similar to the rise of Dogecoin.
The project is also venturing into robotics. FLOKI has partnered with Rice Robotics to launch a Floki-branded AI robot that can complete real-world tasks and rewards users with tokens named RICE. This creative fusion of cryptocurrency and robotics injects new vitality into FLOKI's ecosystem.
2.WLD
Worldcoin (WLD) shows strong growth momentum in both technical aspects and public attention. Its price chart displays signs of robust growth, with the MACD indicator entering the bullish zone, suggesting that more traders are starting to buy in, potentially driving up prices.
A significant update is the plan to integrate Visa card functionality into World Wallet, making it easier for users to spend cryptocurrency. Additionally, top investors in Worldcoin (also known as 'whales') are increasing their holdings of Worldcoin ahead of a major event in San Francisco, where the project will release new updates and a brand image.
In the past, such accumulation has led to significant price increases, and many believe this pattern may repeat. Meanwhile, Worldcoin is boldly entering the US market. Previously, due to restrictions from biometric data privacy regulations, Worldcoin paused its entry into the US market but is now focusing more on it.
The system distributes tokens by scanning irises. Although there are legal hurdles in some states, this expansion demonstrates Worldcoin's serious intentions. With a brand overhaul, the launch of new technological features, and a broader user base, Worldcoin is expected to become the next explosive cryptocurrency.
3.POL
POL (formerly MATIC) has attracted attention again. Its price has risen by over 23% in the past 24 hours, indicating renewed interest in the project. Although prices have fallen in recent weeks, its performance remains strong compared to earlier prices.
The network behind POL, Polygon, has now become one of the top blockchains for USDC transactions, highlighting its growing importance in the stablecoin payment space. Trading volume remains robust, and market cap ratios prove that investors are still active.
In addition to payments, POL is becoming an important player in the NFT space. On March 20, the daily trading volume of NFTs on the Polygon network reached $2.8 million, a 140% increase from the previous day. The platform is also entering the tokenized real estate sector.
DigitShares recently launched a real estate investment platform called REX on Polygon, allowing people to invest in properties in Miami using blockchain technology. Thanks to fast transactions, low fees, and strong real-world applications, POL's reputation continues to rise and may soon become the next blockbuster cryptocurrency.
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