Ethereum

OriginTrail

Arkham

CYBRO

SafePal

Ethereum experienced a dramatic drop, falling 15% in a mere five minutes. This sudden plunge might seem alarming, yet it sets the stage for positive gains in specific Ethereum-based cryptocurrencies. Readers will discover which five cryptos stand to benefit from this unexpected turn of events and why now could be the perfect time to keep an eye on them. 
<h3 id="b-cybro-presale-climbs-past-1-5-million-a-one-in-a-million-defi-investment-opportunity-b">CYBRO Presale Climbs Past $1.5 Million: A One-in-a-Million DeFi Investment Opportunity</h3> 
CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $1.5 million. This cutting-edge DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition. 
Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. 
<a href="https://cybro.io?utm_source=ETHN&amp;utm_medium=article-ins5&amp;utm_campaign=NL659A7"><img loading="lazy" decoding="async" class=" wp-image-85205 aligncenter" src="https://www.ethnews.com/wp-content/uploads/2024/08/unnamed-2024-08-02T154327.611-300x62.png" alt="" width="600" height="124"></a> 
Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform. 
With only 21% of the total tokens available for this presale and approximately 64 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million. 
<a href="https://cybro.io?utm_source=ETHN&amp;utm_medium=article-ins5&amp;utm_campaign=NL659A7" target="_blank" rel="noopener">Join CYBRO and aim for future returns up to 1200%&lt;&lt;&lt;</a> 
<h3 id="b-safepal-sfp-holds-potential-amid-market-dip-b">SafePal (SFP) Holds Potential Amid Market Dip</h3> 
SafePal (SFP) currently trades between $0.73 and $0.79, showing resilience despite recent market drops. With Bitcoin and Ethereum experiencing declines of 24%-30%, now could be a great opportunity to explore options like SFP. The nearest resistance is at $0.83, with support levels at $0.71, indicating potential for growth. In the next move, it could reach up to $0.90, a possible rise of around 15%. The coin’s 6-month price change of nearly 10% suggests room for growth. This dip might offer a chance to get in at a lower price as you wait for the next upward swing. 
<h3 id="b-origintrail-trac-bulls-or-bears-in-the-crypto-game-b">OriginTrail (TRAC): Bulls or Bears in the Crypto Game?</h3> 
The current price of OriginTrail (TRAC) is around $0.48 to $0.69. With the recent drop in prices, Bitcoin and Ethereum fell notably, making it a good time to find opportunities in the dip. TRAC’s nearest resistance level stands at $0.82, while support hovers around $0.40. With a 10-day simple moving average at $0.49 and 100-day at $0.61, the coin shows mixed signals. TRAC could rise significantly if it breaches the $0.82 resistance, potentially climbing by 20% to reach $1.03. The Relative Strength Index (RSI) is low, suggesting it’s oversold, which might hint at a strong comeback. Amidst the market downturn, TRAC’s potential for growth looks promising for those seeking opportunities. 
<h3 id="b-arkham-arkm-shows-resilience-amid-market-slump-b">Arkham (ARKM) Shows Resilience Amid Market Slump</h3> 
Despite a sharp decline in Bitcoin and Ethereum prices, Arkham (ARKM) is showing signs of potential. With its current price fluctuating between 76 cents and $1.35, ARKM is hovering near its 10-day average. The coin has dropped over 37% in the past week, yet it still holds a positive 69% gain over the last six months. Bulls aim for the resistance levels at $1.72 and $2.31, which could offer gains of nearly 27% and 71% respectively. The recent dip presents a good chance for investors to find value, as the Relative Strength Index (RSI) at 39.59 indicates it’s not overbought. 
<h3 id="b-mantle-mnt-at-a-crossroads-golden-opportunity-in-the-dip-b">Mantle (MNT) at a Crossroads: Golden Opportunity in the Dip</h3> 
Mantle’s price now dances between $0.50 and $0.75, close to its 10-day moving average of $0.53. With a week-to-week drop of almost 30%, it’s still holding better than the broader market downturns seen in Bitcoin and Ethereum. Its recent performance signals potential growth if it breaks the $0.92 resistance. If momentum builds, we could see it approaching $1.17, representing roughly a 50% surge from current levels. The current dip presents a unique chance for opportunistic investors. Keep an eye on the $0.41 support level as a safety net. 
<h3 id="b-conclusion-b">Conclusion</h3> 
The recent market drop presents a strategic entry for certain crypto assets. While SFP, TRAC, ARKM, and MNT may show limited short-term growth, the focus shifts to CYBRO. This advanced DeFi platform on the Blast blockchain offers unique benefits. Investors can enjoy AI-powered yield aggregation, lucrative staking rewards, exclusive airdrops, and cashback on purchases. CYBRO promises a seamless experience with easy deposits and withdrawals. With its commitment to transparency and compliance, CYBRO emerges as a standout project. Its strong appeal to crypto whales and influencers underscores its potential in the evolving market. 
Site: <a href="https://cybro.io?utm_source=ETHN&amp;utm_medium=article-ins5&amp;utm_campaign=NL659A7" target="_blank" rel="noopener">https://cybro.io</a> 
Twitter: <a href="https://twitter.com/Cybro_io" target="_blank" rel="noopener">https://twitter.com/Cybro_io</a> 
Discord: <a href="https://discord.gg/xFMGDQPhrB" target="_blank" rel="noopener">https://discord.gg/xFMGDQPhrB</a> 
Telegram: <a href="https://t.me/cybro_io" target="_blank" rel="noopener">https://t.me/cybro_io</a> 
The post <a href="https://www.ethnews.com/ethereum-eth-plummets-15-in-just-five-minutes-why-this-is-good-news-for-these-5-ethereum-based-cryptos/">Ethereum (ETH) Plummets 15% in Just FIVE Minutes – Why This Is Good News for These 5 Ethereum-Based Cryptos</a> appeared first on <a href="https://www.ethnews.com">ETHNews</a>.

Ethereum (ETH) Plummets 15% in Just FIVE Minutes – Why This Is Good News for These 5 Ethereum-Based Cryptos

Table of Contents

ETHNews

Other articles published on Aug 6, 2024

TrumpCoin crashes 90% amid market chaos

Palantir’s AI Evolution: Strategic Shift or Marketing Ploy?

Institutional Grade Digital Asset Custody: Enabling Trust in the Digital Asset Megatrend

Core Foundation Launches Dual Staking to Enhance Bitcoin Yields

Bitcoin and Ethereum Take Major Hit in Overnight Market Shake-Up

Nexa Tokenomics: A Model for Exponential Growth

Join our free newsletter for daily crypto updates!