The post Crypto Market Selloff, But These 3 Cryptos Continue to Stay in Green appeared first on Coinpedia Fintech News
The cryptocurrency market is currently in a downturn, with Bitcoin’s price dropping below $40,000 for the first time since early December, largely due to the approval of spot Bitcoin ETFs leading to a major selloff. Analysts predict further losses before any rebound, noting that the decrease in profits for short-term holders often signals more selloffs. Macro headwinds are expected to affect the market until at least March, with BitMEX founder Arthur Hayes forecasting a low point for Bitcoin after March 12, followed by a potential rebound before the Federal Reserve’s rate-setting meeting on March 20.
Amidst this market selloff, certain cryptos have remained resilient, staying in the green despite the broader market challenges. For your benefit, we compiled a list of cryptocurrencies that are likely to post positive returns even amidst such a difficult time. These are the coins to watch out for and hold.
ScapesMania: A Newcomer to the Crypto Scene
ScapesMania reaches new heights in the crypto universe, so make the most of the early bird discount before it’s too late. The project is on track to finish its impressive funding campaign in February, which will allow it to begin listing on popular exchange platforms right away. Post-listing, the token has all the potential to shoot to the moon.
What are the catalysts fueling the anticipated growth? First, it’s a robust post-listing marketing strategy from a seasoned team with extensive expertise. Next, holding ScapesMania tokens isn’t just a passive activity; holders can enjoy a suite of benefits including token buyback, burn, and staking.
Furthermore, the token’s utility lasts beyond passing fads. Unlike meme coins reliant on short-lived hype, ScapesMania is built with enduring value and practical application in mind.
As the presale is drawing to a close, you need to act fast and grab your discounted tokens now! The countdown has begun – don’t let this chance pass you by.
Presale Opportunities
ScapesMania could be an appealing opportunity for early adopters. This groundbreaking project has raised $4,800,000+ solely from the crowd/retail sector. ScapesMania is gaining traction on popular crypto media platforms and receiving endorsements from recognized crypto influencers.
Post-listing, today’s backers could be looking at potentially sizable gains, meaning that ScapesMania could outperform all major asset classes and beyond. S&P 500, gold, bonds, and even the cryptocurrency market as a whole are not expected to reach such returns in 2024.
Furthermore, joining ScapesMania now unlocks a treasure trove of bonuses, totalling up to +102%, along with exclusive opportunities like token buyback & burn and staking. As ScapesMania continues to evolve, there is a potential for the project’s returns to even surpass expectations.
Key Highlights of ScapesMania
ScapesMania is not a regular crypto asset; it’s a vibrant gaming ecosystem that caters to the interests of both casual players and crypto-savvy audiences. As a gamer, there’s no need to deal with the complexities of crypto to enjoy captivating gameplay. On the flip side, token holders can reap the rewards of the ecosystem’s performance and shape its future without playing. The above-mentioned upsides have already attracted crypto whales with deposits of $20,000+ to opt for ScapesMania, and it could be compelling enough for you too.
Time Waits for No One: Act Now!
By chipping in now, you’re positioning yourself for immediate possible gains as the project enters the next phase – listing. Understand: this pricing will never be available again. In the same way a combined bonus boost won’t be available again as the referral, vesting, and promo code prizes expire post-listing.
Secure higher gains by grabbing a sizable bonus of 10% on ScapesMania! Use code CRB867 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.
Pyth Network (PYTH): Decentralizing Governance and Surging in Value
Pyth Network (PYTH) recently decentralized its governance by distributing tokens to 90,000 wallets, prompting a 15% surge in token value. Functioning as a decentralized oracle, Pyth sources financial data from 90 publishers, disseminating it across 40 blockchains. The expansion to its own chain, Pythnet, marked a significant move towards autonomy. The PYTH token experienced a 49.82% increase in trading volume ($133,054,051) and a 16.10% growth in market cap, reaching $0.398. Currently the fourth-largest in the oracle sector, Pyth Network boasts a Total Value Secured (TVS) of $2.046 billion. Challenges include maintaining momentum and expanding its user base in a competitive market, defining its future trajectory.
Manta Network (MANTA): A New Entrant Stirring Market Interest
Manta Network (MANTA) gained attention with its September 2023 token launch and mainnet debut, showcasing features like fast transactions, low fees, and a modular dApp architecture. The mainnet, Manta Pacific, functions as an EVM-equivalent ZK-application platform, ensuring scalability and security. Integration with Celestia DA and Polygon zkEVM enhances its capabilities.
Despite volatile price fluctuations (currently $2.43, ranging from $2.05 to $2.77), factors like BNB listing and a token airdrop contributed to MANTA’s market performance. The capped 1 billion token supply began at $2.3212. Manta Network’s resilience during challenges, integration with BNB launchpool, and a rising Total Value Locked (TVL) exceeding $440 million highlight its potential. Future success depends on sustained growth and expanding its user base.
Conclusion
Amid a widespread crypto market selloff, with Bitcoin’s price plummeting below $40,000 due to factors like the approval of spot Bitcoin ETFs and macroeconomic headwinds, certain cryptocurrencies have notably defied the trend. ScapesMania, still in its presale stage, has generated significant interest with its gaming-related concept and attractive presale offers. Crypto whales are already showing their interest, so why shouldn’t you ?