2024

Solana

Avalanche

<img src="https://cdn.thebittimes.com/images/2024/03/09/1709981423.webp" width="800" height="457" alt="">
Bitcoin's recent record growth is eye-catching thanks to ETFs surge following approval by the SEC. It's evident that the crypto world is swirling with developments. In times like these, it's crucial to know where to step in. Our article will shine a light on some of the safest cryptocurrencies for crypto beginners in 2024, helping new entrants navigate this exciting digital terrain.
<h2 dir="ltr" id="span-blastup-presale-a-beacon-of-predictability-in-the-volatile-crypto-space-span">BlastUP Presale: A Beacon of Predictability in the Volatile Crypto Space</h2>
Buying presale tokens may be a good idea, as they are immune to market’s wild swings with their price pinned to a certain level. Predictability is one of the key benefits of presale projects such as BlastUP. It is the first launchpad on Blast, the only Layer 2 solution with native yield for ETH and stablecoins and the first one to reach a staggering $1 billion TVL in just one month.
BlastUP is committed to fostering a robust community with the Blast ecosystem where everyone benefits from mutual growth. With ambitious plans to combine AI and Web3 tools, BlastUP aims to create a truly rewarding and safe environment for smooth DApps launches. Its Project Screening feature will ensure that only high caliber projects enter its community.
The BlastUP token's presale is underway, offering a decent chance to invest in a promising asset at a low price. Currently, the token’s price is lower than its future listing price, so now is the most opportune moment to join the presale.
<a href="https://blastup.io/?utm_source=TBIT&amp;utm_medium=article&amp;utm_campaign=LF76P4" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt; Don’t Miss Out! Buy BlastUP Token with a 50% Discount Before It Is Too Late &lt;&lt;</a>
Those who buy BlastUP tokens at this stage gain exclusive access to an Airdrop distributing a portion of free tokens. Besides, they can get extra rewards through staking and participate in tiered IDO launches.
BlastUP is on the rise, fueling crypto startups with a community-first vibe and innovation at its heart. It is quickly becoming the go-to hub in the Blast ecosystem, with big plans through 2026 to unleash AI tools, the Community Marketplace, the incubation program, and more initiatives to foster mutual growth. BlastUP is about to shake up the crypto scene, so get on board before this rocket ship takes off without you!
<a href="https://blastup.io/?utm_source=TBIT&amp;utm_medium=article&amp;utm_campaign=LF76P4" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt; Act Fast! Supply of BlastUP Tokens is Limited - Secure Your Spot in the BlastUP Launch! &lt;&lt;</a>
<h2 dir="ltr" id="span-avax-holds-steady-despite-web-wallet-shutdown-faces-potential-market-volatility-span-b-b">AVAX Holds Steady Despite Web Wallet Shutdown, Faces Potential Market Volatility</h2>
Despite Avalanche shutting down its web wallet, AVAX's current price of $43.37 remains firm, holding just shy of the nearest resistance level at $46.32. The move could initially induce market volatility but the underlying strength is evident with a stable 10-day Simple Moving Average at $41.78. Provided AVAX respects the nearest support level of $33.98, a surge towards the second resistance level at $51.66 seems plausible.
Of course, the long-term stability of AVAX depends much on its transition beyond the sunsetting web wallet. The current market signals like the Recommended Action of Stochastic and RSI being neutral might witness a shift in response to this change. Notwithstanding the buy sentiment echoed by the MACD and Simple Moving Average 100-day indicator at $36.77, any fall beyond the second support level of $26.97 could signal bearish sentiments setting in.
<h2 dir="ltr" id="span-sei-coin-s-210-surge-amid-bullish-trend-and-potential-risks-span-b-b">Sei Coin's 210% Surge Amid Bullish Trend and Potential Risks</h2>
Sei's meteoric ascent, recording a phenomenal 210% surge in a single day, is encouraging as it presents a huge growth potential for the meme coin. The current price of $0.94 is fast-approaching the nearest resistance level of $1.05, and with the 10-day Simple Moving Average and 100-day Simple Moving Average recommending a buy, a bullish trend is indeed plausible.
Despite the optimistic scenario, it's key to stay cautious and observe market trends. The MACD indicators recommend a sell, implying potential downward pressure. If the price drops to the nearest support level of $0.60 or further to the second support level of $0.36, it could spell a bearish outlook. Therefore, both long term and short term risks should be thoroughly analyzed.
<h2 dir="ltr" id="span-pantera-capital-s-investment-in-solana-could-boost-sol-price-span-b-b">Pantera Capital's Investment in Solana Could Boost SOL Price</h2>
Pantera Capital's significant investment in Solana hints at long-term positives for SOL. With the current price at $144.23, approaching the nearest resistance level of $142.72, this influx of capital might push Solana to explore the second resistance level of $159.73. Supported by MACD's "Buy" recommendation and Simple Moving Average indicators displaying promising trends for 10-days and 100-days, upward movement seems plausible.
On the flip side, while new investment signals belief, it also brings added scrutiny and expectations. Considering the closest support level approaching $100.87 to the second level of $76.03, these points may be tested if plans aren't well-executed. Moreover, with the RSI and Stochastic RSI Fast showing a neutral outlook, consolidation or even a minor downturn could be part of Solana's short-term journey.
<h2 dir="ltr" id="span-conclusion-span-b-b">Conclusion</h2>
With the rollercoaster nature of the crypto world, new investors must tread cautiously. While AVAX, Sei Coin, and Solana all show promise, the market volatility they face gives beginners a degree of risk. Examining different coins, BlastUP emerges as a beacon of predictability for beginners, fundamentally credited to its unique point in the bustling Blast ecosystem. Benefiting from its presale advantage and ambitious projects, BlastUP offers both robustness and reliable potential―the ideal starting point for any new entrant into the expanding crypto world.
Site: <a href="https://blastup.io/?utm_source=TBIT&amp;utm_medium=article&amp;utm_campaign=LF76P4" target="_blank" rel="noopener noreferrer nofollow">https://blastup.io/</a>
Twitter: <a href="https://twitter.com/Blastup_io" target="_blank" rel="noopener noreferrer nofollow">https://twitter.com/Blastup_io</a>
Discord: <a href="https://discord.gg/5Kc3nDhqVW" target="_blank" rel="noopener noreferrer nofollow">https://discord.gg/5Kc3nDhqVW</a>
Telegram: <a href="https://t.me/blastup_io" target="_blank" rel="noopener noreferrer nofollow">https://t.me/blastup_io</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/3-safest-cryptocurrencies-for-crypto-beginners-in-2024-tbt82077.html">https://thebittimes.com/3-safest-cryptocurrencies-for-crypto-beginners-in-2024-tbt82077.html</a>

3 Safest Cryptocurrencies For Crypto Beginners In 2024

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TheBitTimes

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