Blast

Arbitrum

Revolution

Optimism

<img src="https://cdn.thebittimes.com/images/2024/02/21/1708510518.webp" width="800" height="457" alt="">
Investors are noticeably increasing their exposure to cryptocurrencies. This trend is particularly evident in the recent record-breaking weekly inflow to crypto funds. While these mainstream investment channels make the headlines, sidelined activity focusing on Layer 2 (L2) crypto projects are similarly attracting whales’ attention. As the need for speed and scalability in transactions rises, these projects are emerging as significant points of interest for savvy crypto investors.
<h2 dir="ltr" id="span-blastup-presale-the-rising-star-set-to-continue-the-blast-revolution-span">BlastUP Presale: the Rising Star Set to Continue the Blast Revolution</h2>
Blast, the only Layer 2 blockchain with a native yield for ETH and stablecoins, has recently made a splash in the crypto world with its head-spinning launch, reaching a staggering $1 billion TVL in just one month. Following the brilliant debut, a new big project based on this blockchain is entering the scene: BlastUP.
BlastUP is a groundbreaking launchpad poised to follow the Blast’s path to roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board.
Currently, BlastUP is running its presale, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.04, you get a hefty discount of 60%, as the listing price is set at $0.1.
<a href="https://blastup.io/?utm_source=TBIT&amp;utm_medium=article&amp;utm_campaign=KA69W8" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt; Be Among the FIRST! Get the Exclusive Perks From BlastUP Presale &lt;&lt;</a>
Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.
Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast off in the crypto space.
The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace.
<a href="https://blastup.io/?utm_source=TBIT&amp;utm_medium=article&amp;utm_campaign=KA69W8" target="_blank" rel="noopener noreferrer nofollow">&gt;&gt; Join BlastUP Presale NOW to Unlock Early Benefits &lt;&lt;</a>
<h2 dir="ltr" id="span-arbitrum-predicted-to-hit-2-80-despite-potential-longer-term-setbacks-span">Arbitrum Predicted to Hit $2.80 Despite Potential Longer Term Setbacks</h2>
An interesting perspective for Arbitrum’s value could see a push towards the resistance level at $2.28 before a bullish run ultimately aiming for the stronger $2.80 threshold. Given Arbitrum's recent performance and underlying potential as confirmed by positive signals including a "Buy" recommendation from the MACD and the 100-day Simple Moving Average of $1.54, an upward trend might be foreseeable in the medium-term, given there are no strong short-term sell pressures evident.
On the other hand, the current price of $1.98 seeking support at $1.37 seems plausible with hesitation perceivable around the 10-day Simple Moving Average of $2.03. The neutrality of the RSI and stochastic analysis suggest latent ambiguities that could allow a pullback towards the deeper support level at $0.98 with potential decremental value in the longer term. Regardless, balanced market dynamics hint at intriguing scenarios for Arbitrum in both the rising and falling skyline of cryptocurrency trading.
<h2 dir="ltr" id="span-optimism-token-soars-amid-news-of-airdrop-span">Optimism Token Soars Amid News of Airdrop&nbsp;</h2>
The Optimism (OP) token has seen a substantial uptick, buoyed by news of an incoming airdrop. Based on the current price around $3.8, it's been surpassing its 10-day Simple Moving Average (SMA) of $3.77 and notably, its 100-day SMA of $2.84, indicating a bullish market sentiment. With MACD showing a buy recommendation, it could even edge towards the resistance level at $4.92, given the positive momentum.
However, it's vital we don't overlook potential risks. Market signals suggest neutrality when it comes to RSI and Stochastic RSI Fast. This stalls the underlying assurance of a continued upward trend. Adding shifting market dynamics and unforeseen factors, the token can very well retreat to the support level at $2.25, or even dip further to $1.60. The promise of the airdrop may contribute to volatility, and prudent evaluation of the market must be maintained.
<h2 dir="ltr" id="span-conclusion-span">Conclusion</h2>
Certain altcoins like Arbitrum and Optimism draw investors' attention. However, BlastUP, with its concept and as part of the Blast ecosystem, possibly carries a higher potential. Its innovative web3 tools promise speed and quality, aiding in startup launches. As investors maneuver the crypto investment terrain, it's crucial to keep an eye open for new promising stars like BlastUP. It seems to be a game-changer, attracting savvy investors looking to navigate the vast crypto world.
Site: <a href="https://blastup.io/" target="_blank" rel="noopener noreferrer nofollow">https://blastup.io/</a>&nbsp;
Twitter: <a href="https://twitter.com/Blastup_io" target="_blank" rel="noopener noreferrer nofollow">https://twitter.com/Blastup_io</a> 
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/l2-crypto-projects-that-attract-whales-attention-tbt80369.html">https://thebittimes.com/l2-crypto-projects-that-attract-whales-attention-tbt80369.html</a>

L2 Crypto Projects That Attract Whales’ Attention

목차

TheBitTimes

2024년 2월 21일에 게재된 다른 기사

Circle Ends Support for USDC on TRON Blockchain : A Strategic Shift for Stability

Top 5 Crypto Winners to Monitor Today

Circle, Tron Part Ways? USDC Minting on Tron Blockchain Ceased

Bitcoin Plunges Under $51,000, What’s Behind This Drop?

HYVE Token Debut on ProBit Global Set To Empower Global Workforce

Hong Kong government proposes licensing frameworks for stablecoins and crypto trading

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!