The crypto market continues to heat up, and this week, all eyes are on three tokens that could make serious moves: Flare (FLR), Aptos (APT), and Pi Network (PI). With major token unlocks and technical setups in play, hereโs why these projects deserve your attention. ๐
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๐ถ Flare (FLR): Poised for a Breakout?
Flare is quickly becoming one of the most watched layer-1 networks. Why? Because it's not just about hypeโit's showing real ecosystem growth ๐.
๐ $35M token unlock scheduled for June 9
๐ธ TVL surged from $51M to $188M in 2024
๐ช Stablecoin usage exploded from $5M to $150M
Chart-wise, FLR is forming a bullish falling wedge pattern, currently trading around $0.018. If it breaks out, we could see it fly back toward $0.022 or higher. ๐
๐จ Watch level: Break above $0.0185 could confirm the bull case.
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๐ท Aptos (APT): At a Crossroads ๐ค๏ธ
The sleek, scalable layer-1 from former Meta engineers is unlocking $53M worth of tokens this weekโabout 1.8% of its circulating supply. Will that flood the market? Maybe... but opportunity lies in the setup.
โ๏ธ Currently bouncing between $4.70โ$4.80
๐ Price below 50-day EMA; RSI and MACD still bearish
๐ Descending channel suggests pressureโbut reversals are common
A break above resistance could push APT toward $6, but failure here might drag it toward $3.50. ๐ค
๐จ Watch levels: $5.20 breakout = bullish. Drop below $4.50 = bearish.
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๐ฎ Pi Network (PI): High Risk, High Drama ๐ญ
Pi Network remains controversial. Despite a large community, it's been under fire due to poor wallet migration, token transparency issues, and missing balances. Still, speculators are watching it closely.
๐ฅ 68M PI tokens unlocking this week
โ ๏ธ Ongoing KYC and wallet sync issues
๐ Currently around $0.63, holding above key $0.61 support
A drop below support could trigger a selloff to $0.57, while a bounce might test $0.71 again.
๐จ Watch level: $0.61 is the last line of defense.
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๐ Summary
๐ช Coin ๐ Key Watch Point ๐ Bull Case ๐งจ Bear Risk
FLR June 9 unlock + wedge ๐ Breakout to $0.022 Post-unlock dump
APT Token unlock pressure โ ๏ธ Rebound to $6 Breakdown to $3.5
PI Wallet issues + unlocks ๐ Jump to $0.71 Crash to $0.57
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๐ง Final Thoughts
This week could be make-or-break for all three. While Flare shows the most fundamental strength, Aptos has a decent technical bounce setup, and Pi remains a high-volatility gamble.
As always, DYOR (Do Your Own Research) ๐ and never invest more than you can afford to lose.
๐ Follow for more weekly crypto picks and insights! ๐น๐ฌ #CryptoNews #AltcoinsToWatch #FlareNetwork #AptosLabs #PiNetwork $APT