The post Meme Tokens Rise Today, But These L2 Crypto Will Rise Tomorrow appeared first on Coinpedia Fintech News
Bitcoin has set a new record high, sparking a “sell the news” moment among investors. However, the world of crypto is not just about Bitcoin; there are other tokens and digital currencies that are showcasing growth. Particularly notable are meme tokens and Layer 2 (L2) cryptos, which, though nascent, are on the brink of making headlines. Tomorrow seems to be their day, suggesting a potential shift in the crypto market focus.
BlastUP Emerges as a Game Changer in the DApp Launch Landscape
BlastUP is a unique launchpad platform based on Blast, a legendary Layer 2 blockchain that dominated the headlines with its dizzying start, securing over $1 billion TVL in just one month. The impact of BlastUP may be huge, as its innovative solutions for launching DApps with a complete suite of Web3 and AI tools are going to be a hit for startups.
The presale of BlastUP tokens is underway, and investing in them at this point could be like buying Ethereum for a few bucks back in 2017. With each new presale stage, BlastUP tokens will increase in value. The price at the current stage is set at $0.05, while the price at the listing is going to be $0.1. Now is the perfect time to buy BlastUP tokens at the best price with a 50% discount.
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Holders of BlastUP tokens get access to many perks from priority token sale to exclusive loyalty rewards in IDOs. Holders can also earn interest by staking BlastUP tokens and benefit from the seed staking feature, which provides free tokens from supported projects.
BlastUP is not just another crypto project, it has a strong foundation to win the loyalty of a broad audience. By providing a comprehensive suite of tools, this launchpad aims to lower the barriers to entry for blockchain startups, ensuring they have everything to succeed from the outset.
BlastUP’s detailed roadmap runs up to 2026 with plans to introduce an AI IDO screener, AI Startup Team Tools, and the Community Marketplace. BlastUP is gearing up to become the next big thing in the crypto space, so you’d better hurry up and jump on the bandwagon before it is too late.
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Woofi’s $8M Attack Stirs Caution; ARB Lends Bullish Short-term Buying Opportunities
In the light of the recent $8M attack on Woofi’s Arbitrum lending market, vulnerabilities may be unearthed, stirring caution among investors. Yet, considering its current price at $2.06, ARB maintains a potentially bullish position above its 10-day and 100-day Simple Moving Average of $1.98 and $1.68 respectively, signaling buying opportunities in the short-term.
Long term however, the blow to Woofi may indirectly impact ARB. Despite this, established support levels at $1.70 and $1.45 offer a cushion, thus fostering investor confidence. The MACD also suggests a “buy”. If ARB can leap over the nearest resistance level at $2.18 to the second at $2.42, optimistic prospects may outweigh impending apprehensions.
Optimism Trends Above Nearest Resistance Level, Positive MACD Signals Profitable Accumulation
Optimism presents an interesting case, reaching above the nearest resistance level at $4.32, settling at $4.56. The movement marks an enlarged positive MACD, signalling a profitable time for accumulation. The neutral stance of the RSI and Stochastic RSI demand a careful watch, as they might shift the trend. Looking into the long-term, the robust support levels at $2.95 and $2.20 along with the steadily upward moving 100-day SMA at $3.17 promising a secure safety net.
Curveballs aside, Optimism presently trends in interesting waters, standing above the 10-day SMA of $3.97, indicating an optimistic short-term trend. However, with the nearing second resistance level at $4.95, the stability of the upward momentum might be tested, leaving room for possible adjustments. There may be price vacillations following this, but the potential run towards the high resistance level can outline generous gains if handled prudently.
Conclusion
Although layer 2 tokens and meme coins do have potential to grow, BlastUP emerges as an optimal contender that’s tough to overlook. Within the thriving Blast ecosystem, its unique launchpad concept, coupled with promising roadmap and attractive presale offers, sets the stage for potentially exceptional returns. Worthy of consideration are the cryptos ARB and Optimism, however, they slightly fall short of BlastUP’s projected potential. Changes in the crypto market are constant, but BlastUP’s potential remains a noteworthy constant in this equation.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
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Telegram: https://t.me/blastup_io