Top Cryptocurrencies to Watch This Week: Flare, Aptos, Pi Network
The crypto market is buzzing with activity, and three tokens are making waves: Flare (FLR), Aptos (APT), and Pi Network (PI). Here’s why they deserve your attention:
🔹 Flare (FLR): A fast-growing layer-1 network with a market cap exceeding $1 billion. This week, Flare is unlocking $35M worth of tokens, fueling speculation about its price movement. With its TVL surging from $51M to $188M since January, FLR could be primed for a bullish breakout.
🔹 Aptos (APT): A leading layer-1 blockchain unlocking $53M worth of tokens (1.8% of its float). Despite recent price dips, Aptos’ stablecoin market cap has hit a record $1.32B, signaling strong ecosystem growth. Will APT bounce back to the $6 resistance level?
🔹 Pi Network (PI): The Pi Network token is unlocking 68M tokens, increasing circulation. Technical indicators suggest a bullish breakout could be on the horizon.
📈 Market Trends: Bitcoin and altcoins are reacting to upcoming U.S. inflation data, which could influence the Federal Reserve’s next move. A lower-than-expected inflation figure might push the Fed toward interest rate cuts, impacting crypto prices.