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    Home - News - Whale Movements: These 6 Altcoins Are Gaining Major Attention
    News

    Whale Movements: These 6 Altcoins Are Gaining Major Attention

    Sandeep JadhavBy Sandeep JadhavJuly 12, 2024Updated:July 12, 20245 Mins Read
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    Whale Movements These 6 Altcoins Are Gaining Major Attention
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    The crypto market remains calm, sitting in anticipation of the next big bull run. Many experts believe this period of stillness is merely the calm before the storm. Altcoins, still hovering at low prices, are poised to explode at any moment. In the midst of this quietness, certain altcoins have caught the eye of significant investors, known as whales. Their movements signal potential opportunities for substantial gains. This article uncovers the six altcoins that are currently drawing major attention and seem ready for growth. Dive in to discover which coins could offer the next big break in the crypto world.

    BlastUP Provides Final Opportunity to Get $BLASTUP Ahead of Its TGE

    In just over 3 months since its launch, BlastUP has already confirmed its pivotal role in the Blast ecosystem, serving as a groundbreaking launchpad for crypto startups. It has raised a phenomenal $8 million in its presale and formed a thriving community of nearly 20,000 $BLASTUP holders. In keeping with its goal of accelerating growth, BlastUP has already launched 4 successful Initial DEX Offerings (IDOs), helping new projects build a strong foundation for a stellar start. 

    Currently, BlastUP is preparing for the token generation event scheduled for July 2024. BlastUP tokens (BLASTUP), which were sold for pennies during the presale, will be priced at $0.1 at the listing.  

    Last Chance to buy BLASTUP Token at the Best Price!

    The only way to get the BLASTUP token at the presale price now is to purchase Blastbox V2. It is a loot box that contains a certain amount of $BLASTUP and Booster Points, special tokens used to reward the most active community members. 

    Those who buy Blastbox V2 get a treasure chest that gives them access to a number of privileges. Owners of Blastbox V2 can:

    • Access the launchpad IDOs and get exclusive rewards
    • Participate in airdrops and get free tokens and NFTs
    • Receive higher interest for staking $BLASTUP

    Importantly, the supply of Blastbox V2 is limited to 9999. The scarce availability can quickly drive up demand, so it is wise to hurry up and buy these rare loot boxes while you can.

    Buy Blastbox V2 While You Can

    DYDX Set for a Bullish Breakout Despite Recent Slump

    DYDX is showing signs of a potential rise even after its recent drop. The price is now between $1.03 and $1.44, with a solid support level at $0.82. Though the RSI at 40.32 suggests it’s a bit undervalued, the coin’s one-week price change is up by over 10 percent. If bulls manage to push the price past the $1.63 resistance, DYDX could easily target the next resistance at $2.03, a potential increase of over 40 percent. The indicators suggest a rally could be on the horizon, potentially leading to significant growth.

    Ondo (ONDO) Poised for Growth Despite Recent Downturn

    Ondo (ONDO) has shown resilience in a tough market, maintaining a price between $0.78 and $1.12. Despite a recent drop, with a one-week price change of -10.68% and a one-month price change of -27.03%, the coin’s six-month gain of nearly 3000% is impressive. With bulls and bears currently battling, the nearest resistance is at $1.35, while support sits at $0.66. The RSI shows the coin is oversold, indicating potential for a rise. If ONDO breaks through the $1.35 resistance, it could surge towards $1.69, representing a potential 80% increase from its current lower range. The market awaits a bull run, and ONDO could be a significant part of it.

    Solana Poised for a Breakout Amid Positive Altcoin Patterns

    Solana (SOL) is currently trading between $117.05 and $150.58, showing signs of potential growth. Although recent movements might suggest weakness, its 6-month price change of over 40% indicates strong underlying support. Bulls need to push past the resistance level of $169.47 to regain momentum. Rallies up to $203.00 could follow, representing a surge of nearly 70% from current lower prices. With the Relative Strength Index (RSI) at 35.60 and a positive weekly change of 5.50%, Solana seems ready for a breakout. This could be the beginning of another exciting altcoin season.

    Avalanche (AVAX) Eyes Bullish Rebound Amid Market Volatility

    Avalanche (AVAX) is currently trading between $21.77 and $29.91, showing signs of potential growth despite recent market dips. Bulls seem to be gathering strength with the coin’s current price nearing its 10-day simple moving average of $25.32, and the crucial resistance level at $34.07 within reach. RSI is at 40.09, which indicates the coin is not overbought. If bullish momentum continues, AVAX could hit its second resistance level at $42.21, offering a significant potential rise of approximately 50%. With the market showing familiar patterns from 2021, AVAX might be poised for a strong recovery.

    Uniswap (UNI) Gearing Up for Bullish Momentum Amid Market Volatility

    Despite recent market dumps, Uniswap (UNI) shows signs of potential growth. It’s currently priced between $6.46 and $9.16, with key resistance at $10.69. The nearest support stands at $5.28. Its 6-month price has grown by over 17%, hinting at underlying strength. Although the past month saw a decline of over 13%, the coin’s weekly increase of nearly 2% indicates possible upward movement. If positive trends continue, UNI could rise to the next resistance at $13.39, representing a potential increase of over 50% from the lower end of the current price range. Market indicators like the RSI and MACD suggest the bulls may be gearing up for another run.

    Conclusion

    DYDX, ONDO, SOL, and AVAX are catching some buzz but seem to offer less immediate gains. BLASTUP stands out as the one with the highest potential. This is mainly due to its innovative concept and its inclusion in the Blast ecosystem. The project appears to be well-positioned for growth during this bull run.

    Site: https://blastup.io/

    Twitter: https://twitter.com/Blastup_io

    Discord: https://discord.gg/5Kc3nDhqVW

    Telegram: https://t.me/blastup_io

    Also Read: Crypto News: Ethereum’s ETH Gaining Traction! These Altcoins Next?

    Disclaimer and Risk Warning

    This article is a sponsored press release meant solely for informational purposes. OvenAdd neither endorses nor takes responsibility for the content, quality, products, advertising, or accuracy of any materials within this article. The views expressed do not represent those of OvenAdd and should not be considered legal, tax, investment, or financial advice. Readers are advised to conduct their own research before making any significant decisions.

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    Sandeep Jadhav
    • X (Twitter)

    Sandeep got into crypto in 2018 by trading and investing. He began writing about cryptocurrency and blockchain technology in 2020 and now serves as OvenAdd Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things cryptocurrency, blockchain, and NFTs.

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