NEAR Protocol

Polygon

Billion

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrencies-aim-for-10-billion-market-cap/" data-wpel-link="internal">Cryptocurrencies Aim for $10 Billion Market Cap</a><br></p>
<p style="text-align: justify">As the first quarter of 2024 ends, a significant bull rally in cryptocurrencies seems imminent. The current upward trend in the market is crucial for cryptocurrencies aiming for a $10 billion market cap. We have analyzed two cryptocurrencies targeting this milestone for you.</p> 
<h2 style="text-align: justify" id="near-protocol-near">NEAR Protocol (NEAR)</h2> 
<p style="text-align: justify"><strong>NEAR Protocol</strong> (NEAR) is considered an <a href="https://en.coin-turk.com/ethereums-performance-and-price-targets/" data-wpel-link="internal">Ethereum</a> competitor and remains in the top 20 cryptocurrencies. Its current price is $7.97, with a market cap exceeding $8.5 billion. NEAR’s <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">advancements in artificial intelligence</a> seem to strengthen its market presence.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-355454" src="https://coin-turk.com/wp-content/uploads/2024/05/near-coin-turk-com.png" alt="" width="2074" height="121"></p> 
<p style="text-align: justify">Recent months have seen a notable increase in trading activities for NEAR. Additionally, the demand in the open interest market highlighted a potential price rise. NEAR experienced a 13% increase last month, with a 113% price change since the beginning of the year, paralleling the rise in AI tokens.</p> 
<p style="text-align: justify">Looking at NEAR’s price, the next resistance level is at $9.59, and a breakthrough at this level could target $11.56. Developments in AI, Nvidia’s market impact, and the approaching <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">bull market</a> in cryptocurrencies could show investors that NEAR has reached a $10 billion market cap in the future.</p> 
<h2 style="text-align: justify" id="polygon-matic">Polygon (MATIC)</h2> 
<p style="text-align: justify"><strong>Polygon</strong> (MATIC) has been in the market for years as an <strong>Ethereum</strong> (ETH) scaling solution. However, there is short-term uncertainty in Polygon’s price, with most indicators showing consolidation. As of today, MATIC has a market cap of $7.15 billion and is trading at $0.7232. In the last 7 days, MATIC’s price has shown only a 1.2% increase.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-355453" src="https://coin-turk.com/wp-content/uploads/2024/05/polygon-matic-coin-turk-com.png" alt="" width="2117" height="119"></p> 
<p style="text-align: justify">Polygon remains close to its resistance level of $0.72, with support at $0.60. If it stays above resistance, it could move to $0.84. Despite the market’s decline after a strong first quarter, Polygon could recover, and its price might return to $1 soon.</p> 
<p style="text-align: justify">Although Polygon (MATIC) is currently $2.9 billion short of the $10 billion mark, it could reach this level if its price potentially rises above $1 in the future.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/cryptocurrencies-aim-for-10-billion-market-cap/" data-wpel-link="internal">Cryptocurrencies Aim for $10 Billion Market Cap</a></h5>

Cryptocurrencies Aim for $10 Billion Market Cap

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