Bitcoin

Momentum

DEFIT

MOON

<h1 dir="ltr" id="span-img-src-https-cdn-thebittimes-com-images-2024-03-16-1710545730-webp-width-800-height-457-style-display-block-margin-left-auto-margin-right-auto-span-b-br-b"><img src="https://cdn.thebittimes.com/images/2024/03/16/1710545730.webp" width="800" height="457" style="display: block; margin-left: auto; margin-right: auto;"> </h1>
The Bitcoin price plunge recently initiated a cascade of crypto liquidations, flushing out numerous digital assets. Amidst this turbulence, a distinct pattern is emerging. It signals the growing popularity of earning cryptos, reminiscent of the meteoric ascent 'Meme Coins' experienced. This decentralized shift towards earning rather than buying cryptocurrencies potentially indicates a new trajectory for the market.
<h2 dir="ltr" id="span-step-app-fitfi-fitness-and-finance-fusion-span">Step App (FITFI): Fitness and Finance Fusion</h2>
Imagine a world where your daily run or walk not only boosts your health but also your virtual wallet. With Step App, your regular jog can net you anywhere from 5$ to 50$ per session! As a trailblazer in the FitFi realm, Step masterfully blends physical fitness with financial savvy, catering to health enthusiasts and crypto fans alike. Regardless of your experience with Web3, managing your earnings is effortless. And for those looking to boost their earnings, subscriptions are there to amplify your rewards and personalize your in-app experience.
<a href="https://go.step.app/3wCenDM" target="_blank" rel="noopener noreferrer nofollow">Transform Your Steps into Tangible Rewards with Step App</a>
In Step, the magic lies in the FITFI and KCAL tokens, which hold the potential to appreciate over time due to the app’s vibrant, contest-filled community and constant innovation. Whether it’s upgrading your workout gear with KCAL or unlocking exclusive features with FITFI, these tokens are ready to enhance your fitness journey. In 2024, Step is gearing up to unveil even more exciting features and airdrops, ensuring that both the community and the value of its tokens keep thriving.
<a href="https://go.step.app/3wCenDM" target="_blank" rel="noopener noreferrer nofollow">Step Up Your Game – Join Now!</a>
<h2 dir="ltr" id="span-gmt-stability-and-positioning-amidst-development-strategies-and-support-levels-span-b-b">GMT Stability and Positioning amidst Development Strategies and Support Levels</h2>
GMT continues to show a noteworthy stability with its current price at $0.33. Should the effect of recently discussed development strategies push the price upwards lower than the nearest resistance level at $0.34, there will undoubtedly be short-term implications available to take advantage of. That being said, attaining the second resistance level of $0.37 might be a harder task. Simple moving averages over the last 10 days tend to support this more cautious viewpoint.
Looking towards the long-term end of the spectrum, we need to focus more on GMT's strong support levels. The first, closest at $0.26, is one to keep a close eye on. If prices go below this point, second support level at $0.20 might be tested. However, a positive outlook can also be justified by MACD's 'Buy' recommendation, along with a strong Simple Moving Average over the last 100 days. This suggests a possible upward trend, making GMT a potential long-term opportunity.
<h2 dir="ltr" id="span-sweatcoin-ecosystem-update-may-affect-sweat-s-market-stability-span-b-b">Sweatcoin Ecosystem Update May Affect SWEAT's Market Stability</h2>
Despite its current market stability, indicated by the matching SWEAT prices from resistance to second support level, an upcoming enhancement in the Sweatcoin ecosystem could invite price fluctuations. Provided it garners positive market response, this app-enhancement has the propensity to propel SWEAT's current value beyond its noted $0.01 resistance level, offering a quick Buy opportunity driven by the MACD signal.
Simultaneously, market uncertainties play a significant role. While the recent news spells future potential, the market response to such upgrades can be unpredictable. The action recommended by the 10-days SMA signals a Sell, reflecting demand variations. Thus, despite a long-term Buy recommendation from 100-days SMA, cautious market investors might hold back from hastily exploiting short-term opportunities.
<h2 dir="ltr" id="span-potential-bullish-momentum-for-defit-post-babyfits-launch-span-b-b">Potential Bullish Momentum for DEFIT Post-Babyfits Launch</h2>
Keeping an eye on DEFIT, we see a current price of $0.000001001. Given the recent Babyfits launch, there could be bullish momentum that may propel the token towards its nearest resistance at $0.000000774, or even as high as the second resistance level at $0.000001111. The MACD suggests a buy, aligning with this potential rise, boosting the token's performance in the short term.
On the flip side, long-term analysis tells a different tale. Despite the surge from news events, the price lies far below the 100-day simple moving average of $0.000015936. This mismatch could imply a bearish outlook. The nearest support level sits at $0.000000196. Therefore, a fall to this level could provide cheaper entry points for strategic investors, provided they exercise patience while navigating potential long-term risks.
<h2 dir="ltr" id="span-conclusion-span-b-b">Conclusion</h2>
The cryptocurrency market is evolving, highlighted by Bitcoin's recent dip and the emergence of move-to-earn cryptos as a notable trend following the meme coin surge. Step App, merging fitness with finance, illustrates how new models can incentivize users beyond traditional investment. Similarly, GMT, SWEAT, and DEFIT present diverse investment scenarios, reflecting the dynamic nature of crypto investments. These developments point towards a future where earning crypto through innovative platforms could become a mainstream method, offering fresh opportunities and challenges for investors navigating this changing landscape.
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/missed-meme-coins-rise-the-move-to-earn-cryptos-are-next-to-the-moon-tbt82672.html">https://thebittimes.com/missed-meme-coins-rise-the-move-to-earn-cryptos-are-next-to-the-moon-tbt82672.html</a>

Missed Meme Coins Rise? The Move to earn Cryptos Are Next To The MOON

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