According to a recent report from COINOTAG News dated December 24th, data from Coinglass indicates that if Bitcoin surges beyond $100,000, the total short liquidation pressure across major centralized exchanges
Bitget’s recent strategic collaborations signal a significant push for blockchain innovation, particularly through its partnerships with TRON and SunPump. This initiative comes as Bitget invests $10 million in TRX, underlining
Key takeaways : The average SNX price prediction for 2024 is $1.47. In 2027, it will range between $4.27 and $5.31, with an average price of $4.39. In 2030, it will range between $13.49 and $15.57, with an average price of $13.87. SNX is the native token for the Synthetix Network and is used for governance. It is listed on top exchanges like Binance, Uniswap, Coinbase, OKX, and Bybit. Synthetic is a decentralized protocol that allows you to create and transact synthetic tokens on the Ethereum blockchain. Is SNX a good investment? Will it go up? Where will it be in five years? Let’s get into the SNX price prediction and technical analysis. Overview Cryptocurrency Synthetix Abbreviation SNX Current Price $2.230 Market Cap $763.35M Trading Volume $68.88M Circulating Supply 339.46M SNX All-time High $28.77 (Feb 14, 2021) All-time Low $0.03258 (Jan 5,2019) 24-hour High $2.24 24-hour Low $1.96 SNX price prediction: Technical analysis Metric Value Volatility (30-day Variation) 20.84% 50-day SMA $ 1.656105 200-day SMA $ 1.977264 Sentiment Bullish Fear & Greed Index 80 (Extreme Greed) Green Days 18/30 (60%) Synthetix price analysis TL;DR Breakdown Synthetix price analysis confirmed an increasing trend at $2.230. Cryptocurrency gained up to 12.57% in value from its previous close. SNX coin prices are targeting the next resistance around the $3.584 high. On November 24, 2024, Synthetix price analysis revealed an upward market trend for the cryptocurrency. SNX/USD value has climbed up to a $2.230 high over the past 24 hours. Side by side, the cryptocurrency gained up to 12.57% of value during the day. Despite the strong bearish tide in the earlier weeks, currently the bulls are on the leading end. SNX/USD 1-day chart: SNX value advances to $2.230 amidst upside The one-day price chart of Synthetix coin confirmed an increasing trend for the cryptocurrency. Coin value has spiked up to a $2,230 high during the day. Moreover, the overall market sentiment remained on the positive side as well. The distance between the Bollinger bands determines the market volatility. As the distance is expanding, this refers to an increasing volatility. Moving on, the upper limit of the Bollinger Bands indicator, acting as the resistance band, is at $3.584. Whereas, its lower limit, serving as the support band, is at $1.799. SNX/USD 1-day Chart. Source: TradingView The Relative Strength Index (RSI) indicator is present within the neutral area. Currently at 44.59 and still moving upward, this indicates an uptrend. The sharp ascending curve on the indicator’s graph refers to a bullish trend. The buying activities have been growing since yesterday, leading to a significant turnover. SNX/USD 4-hour chart analysis The four-hour price analysis of Synthetix coin confirmed an uptrend for the currency. Cryptocurrency value has stepped up to a $2,230 high over the past few hours. As the volatility is rising, there is a higher chance of a reversal in the market trends. The Bollinger bands are widening, referring to an increasing volatility. This increase in the market volatility signifies a relatively higher market unpredictability in the coming hours. Moving on, the upper Bollinger band has shifted to $2.192, indicating the support. Conversely, the lower Bollinger band has moved to $1.875, signaling yet another support. SNX/USD 4-hour Chart. Source: TradingView The RSI indicator is present within the neutral area for now. Its current value is at 57.11 and still moving upward; this indicates a rising bullish action. The increasing curve on the RSI graph signifies a strong bullish support. The buying pressure remained intense in the last four hours, leading to a balanced trading environment. SNX technical indicators: Levels and action Daily simple moving averages Period Value ($) Action SMA 3 2.18 BUY SMA 5 2.27 BUY SMA 10 2.21 BUY SMA 21 1.950 BUY SMA 50 1.656 BUY SMA 100 1.567 BUY SMA 200 1.977 BUY Daily exponential moving averages Period Value ($) Action EMA 3 1.917 BUY EMA 5 1.776 BUY EMA 10 1.645 BUY EMA 21 1.571 BUY EMA 50 1.537 BUY EMA 100 1.648 BUY EMA 200 1.999 BUY What can we expect from SNX price analysis next? Synthetix price analysis gives out a highly bullish prediction regarding the ongoing market events. Coin value has recovered up to a $2,230 high over the past 24 hours. Side by side, the cryptocurrency has gained a major 12.57% of its value during the day. Green candlesticks on the one-day price charts refer to an upward momentum. Technical indicators are giving out a negative signal with regards to the current price movements. However, the price charts continue to exhibit a bullish overview of the market. Is SNX a good investment? The Synthetix rebranding in 2018 rejuvenated the ecosystem, which has grown continually with multiple listed synths. Despite concerns over the stability of its stablecoins, SNX, the native token, is set to mark new records, as we shall explore in Cryptopolitan’s SNX price predictions from 2024 to 2030. It is expected that SNX will reach $44 by 2030. Why is SNX up? The cryptocurrency market is under bullish pressure, and SNX faces the same sentiment. However, it is encouraging that SNX is one of the best performers and has moved above its average since November 24, 2024. The SNX price has increased to $2.230; moreover, it has gained up to 12.57% of its value since the last 24 hours Will SNX reach $5? The current price action does not justify predicting a $5 target. However, in the cryptocurrency market, things change rapidly, and if RSI returns from the oversold zone, a recovery can be initiated. It can be expected that SNX will reach $5 by 2026. Will SNX reach $10? According to Cryptopolitan’s price prediction, SNX will reach the $10 level by the fourth quarter of 2026. The last time SNX was seen at the $10 level was November 2021. Will SNX reach $100? According to Cryptopolitan’s price prediction, SNX may not reach this level in the next ten years. Considering the current market cap of the token, it seems like $100 too far-fetched. Does SNX have a good long-term Future? SNX is nearing an oversold position, which means the token is undervalued compared to its actual worth, which makes it a perfect time for buyers to enter the market. Considering the low price and a good future evaluation of $23 by the end of 2030, the asset is worth buying. Recent news/ updates on SNX Synthetix introduces a $USDC to $sUSD wrapper on Optimism with a $70M cap and zero fees for an easier way to convert to sUSD. 3️⃣/4️⃣ 🔗 Wrapper contract: https://t.co/Jq8AvFKAyk 🔗 SCCP: https://t.co/52mKvpvZRi — Synthetix ⚔️ (@synthetix_io) November 27, 2024 SNX price prediction December 2024 SNX is under correction after peaking, but its downfall is expected to slow down. Support is also expected to appear soon with the next target at $2.74. It will average $2.01 and trade at a minimum price of $1.292. Month Potential Low ($) Potential Average ($) Potential High ($) December $1.292 $2.01 2.74 SNX price prediction 2024 The price of SNX is predicted to reach a minimum value of $1.35 by Q4 of 2024. Traders can anticipate a maximum value of $1.52 and an average trading price of $1.47. Year Potential Low ($) Potential Average ($) Potential High ($) 2024 $1.35 $1.47 $1.52 SNX price prediction 2025 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2025 2.04 2.10 2.44 2026 3.01 3.11 3.54 2027 4.27 4.39 5.31 2028 6.14 6.32 7.38 2029 9.02 9.27 10.56 2030 13.49 13.87 15.57 SNX price prediction 2025 The Synthetix price forecast for 2025 is a high of $2.44. The minimum price for the year will be $2.04, and the average will be $2.10. SNX price prediction 2026 The year 2026 will experience more bullish momentum. According to the SNX price prediction, it will range between $3.01 and $3.54, with an average trading price of $3.11. SNX price prediction 2027 The Synthetix price prediction climbs even higher into 2027. According to the projections, the price of SNX will range between $4.27 and $5.31, with an average of $4.39. SNX price prediction 2028 According to our SNX price prediction for 2028, we expect a maximum price of $7.38, a minimum price of $6.14, and an average price of SNX to be $6.32. SNX price prediction 2029 According to the Synthetix Network price prediction for 2029, SNX will reach a maximum and minimum price of $10.56 and $9.02, respectively, with a year-round average price of Synthetix $9.27. SNX price prediction 2030 The Synthetix SNX price prediction for 2030 indicates a price range of $13.49 and $15.57 and an average price of $13.87. This prediction also hinges on the global recognition and adoption of blockchain technology. Synthetix market price prediction: Analysts SNX price forecast Firm 2024 2025 Changelly $4.08 $5.95 DigitalCoinPrice $5.44 $6.44 CryptoPredictions $4.37 $4.86 Cryptopolitan’s Synthetix (SNX) price prediction Our analysis shows that SNX has been highly volatile since its historical listing price. It remains unpredictable at current levels, with predictions indicating it will break out higher. SNX will achieve a high of $1.64 by the end of 2024. SNX is expected to trade between $2.17 and $2.53 in 2025. In 2030, SNX will be priced between $14.25 to $16.73 with an average price of $14.75. Synthetix historic price sentiment Kain Warwick launched Synthetix in September 2017 under Havven (HAV). The HAV Airdrop Campaign ran between 4 and 14 February 2018 and offered two million tokens for around $1 million. On November 30, 2018, Synthetic announced its rebranding from Havven. This included renaming its native token, HAV (Havven token), to SNX. The contract address did not change. It registered its lowest price at $0.03258 on January 5, 2019. Different from most mega-altcoins, SNX did not rally after launch; it consistently traded below $0.5 until the last quarter of 2019. In 2020, it made a mega rally to $7.3. In the 2021 bull cycle, it shot higher, and on February 14, it registered its all-time high at $28.77. It reversed to $5 in July before pumping again to $15 in September. In the 2022 crypto winter, SNX shed most of its value as it retreated to the $2 mark by the end of the year. In 2023, it consistently traded between $1.5 and $3 until the last quarter, when it had its break. In March 2024, SNX reached a high of $5; in July, SNX came down from $2.01 to $1.65 range. In August 2024, SNX token’s price dipped as low as $1.20, and September saw a maximum price of $1.71. In October 2024, SNX dipped and became rangebound. It closed the month with a $1.31 price tag, while November saw a stream of improved prices through out with the coin peaking $2.63. At the start of December, SNX is trending near $2.44.
Curaçao, Fergusonweg, December 24th, 2024, Chainwire BetFury transferred $750,000 of liquidity to PancakeSwap, making the leading DEX the primary liquidity holder for BFG tokens. This collaboration introduces the BFG-CAKE Syrup Pool, a time-limited Trading Competition, CAKE integration in BetFury Futures, and more. Additionally, BetFury has launched a special CAKE Staking Pool exclusively for new users, accessible with a unique promo code provided in this article. BetFury & PancakeSwap collaboration Two projects from diverse niches have united with one goal: to offer new crypto-earning opportunities. The projects have a shared vision: bridging the gap between gaming enthusiasts and crypto traders. BetFury is connected to DeFi: it offers a wide range of crypto features like Crypto Staking with up to 60% APR and Futures , which has expanded with the CAKE token integration. $20,000 BFG-CAKE Syrup Pool | New way to earn BFG Cakes are even sweeter with syrup, especially when served generously. That’s why the BFG Syrup Pool offers a whopping $20,000 total capacity. PancakeSwap users can stake CAKE for 90 days to earn BFG tokens, with over 20% APR based on the number of participants. The only limit is up to 100 CAKE per wallet. The next step: with access to over 8,000 slots, 20 exclusive in-house games, and bets across 50+ sports categories. By holding just 100 BFG, users can unlock BFG Staking rewards in BTC, ETH, USDT, BNB, and TRX—maximizing crypto-earning potential. $50,000 Trading Competition | Leaderboard & extra rewards The Trading Competition marks the second phase of the collaboration. With a $50,000 prize pool in USDT and BFG tokens, BetFury invites all traders of the BFG-CAKE pair to compete. A leaderboard featuring the top 15 winners will be revealed at the end, while 15-20 randomly chosen participants will receive bonus rewards. The competition runs for 20 days only, from December 24 to January 12. Exclusive CAKE Staking Pool for New Users on BetFury BetFury is excited to launch the exclusive CAKE Staking Pool, offering up to 40% APR. This pool is tailored for new users who can access it using the BFCAKE code . The CAKE Staking Pool has already started and is available for 7 days on the BetFury platform. During this period, participants can earn BFG on PancakeSwap and CAKE on BetFury, boosting their crypto holdings and gaining an edge in the Trading Competition. About BetFury BetFury is a trusted crypto and entertainment ecosystem that has been at the forefront of iGaming, crypto-earning features, and sports betting for over five years. With a global community of over 3 million registered users, BetFury offers a wide array of competitive products, including original games with up to 99.28% RTP, BFG Staking, Crypto Staking, NFT Lootboxes, an Affiliate Program, and more. To enhance user experience, BetFury also features a Telegram Bot that boosts crypto rewards and ensures quick, seamless access to the platform. Adding to its appeal is a lucrative Referral Program, where referrers can earn up to $1,500 in bonuses and a 30% commission from their referrals’ activity, with the option to share rewards. Contact PR Manager Alisia Preston BetFury pr@betfury.com
PancakeSwap achieved a remarkable milestone in 2024, with trading volume reaching $310 billion, a testament to the explosive growth of decentralized finance (DeFi) and layer-2 solutions. This surge not only
The post Chainlink and Avalanche Decline as Investors Turn Toward 25,000% Growth Potential in Dogen appeared first on Coinpedia Fintech News With established cryptocurrencies like Chainlink and Avalanche experiencing declines, attention is shifting to a new player promising extraordinary returns. Dogen, an emerging name in the crypto world, is attracting investors with its potential for massive growth. This trend could herald significant changes in the cryptocurrency market . DOGEN Rejoys Big Moment: Trump’s Victory Will Send It to the Moon Guess who is going to join Elon Musk’s moon mission soon? DOGEN, the boldest meme coin for alpha males, is gearing up for take-off as Trump’s victory in the recent US election has the entire market euphoric about the prospects of cryptocurrencies, especially meme coins. Donald and Elon are Best Buddies for Meme Coins Donald Trump’s love for crypto is no secret — he’s promised to make the U.S. the global crypto leader in his campaign. And joining him is none other than Elon Musk , the ultimate Dogecoin (DOGE) fan who’s backed the crypto movement and even aligned with Republicans earlier this year. With these two icons fueling the fire, meme coins are set for a wild ride! DOGE Soars 130% in Just One Week! DOGEN will be the Next Star with 500% Surge Following the US election results, Dogecoin (DOGE) has been on a steady rise: from $0.15 to $0.39 in just one week . DOGEN follows the same upward trend, starting at $0.0003 and now trading at $0.0013, a staggering 333% leap . With a total of 13 presale stages, DOGEN is set to rise to $0.0019 by the token generation event (TGE), which represents a 500% increase from its initial price. Like it DOGE style? Grab Some DOGEN Now and Watch It Soars 500% A Community-Driven Token with Referral Program The backbone of DOGEN is its strong and engaged community—an energetic group of investors ready to seize the next big opportunity. With nearly $4,000,000 already raised , DOGEN has proven its appeal among crypto enthusiasts. Adding to its allure is DOGEN’s unique multi-level referral program, which rewards community participation: 7% in USDT from direct referrals 2% from second-tier referrals 1% from third-tier referrals Wanna Surf this Bull Wave? Join the DOGEN Army! Step into the winner’s circle with DOGEN—where elite investors get access to exclusive campaigns, epic perks, and top-tier deals . Live the high life you deserve: luxury cars, stacks of cash , and unforgettable experiences await those who go all-in on DOGEN. Don’t settle for ordinary when you can have it all! Flex Hard, Earn Big – DOGEN is Your Power Move! AVAX Targets $59 Resistance as Altcoin Season Approaches Avalanche (AVAX) may be gearing up for a price surge after recent corrections. Despite a -28.84% drop in the last week, the coin has gained over 42% in the past 6 months, showing strong long-term potential. Technical indicators like RSI at 41.32 and Stochastic at 33.72 suggest that AVAX is nearing oversold levels, which could lead to increased buying interest. The price is close to the 10-day simple moving average of $36.59, and a break above the nearest resistance at $59 could signal a robust uptrend. If momentum continues, AVAX might target the second resistance at $77.40, offering significant upside from current levels. With altcoin season on the horizon, AVAX could be set for impressive growth. Chainlink Poised for Breakout Amid Bullish Market Signals Chainlink is showing promising signs in the market. Despite a recent weekly dip of over 23%, the coin has seen a strong monthly increase and an impressive rise over the past six months. The current price is close to its short-term and long-term moving averages, indicating potential stability before a move. The Relative Strength Index is around the middle range, suggesting the coin is neither overbought nor oversold. If Chainlink can surpass the nearest resistance level at $35, it may aim for the next resistance at $46, potentially doubling from current levels. These factors suggest a possible upward trend in the near future. Conclusion AVAX and LINK show less short-term potential, leading investors to DOGEN. This meme token for those seeking luxury and success expects 700% growth by presale’s end, with potential for huge returns this altcoin season. Following tokens like BONK and Popcat, DOGEN builds a community of alpha leaders, offering real benefits and perks for early adopters. Site: https://dogen.meme/ Twitter: https://x.com/dogenmeme Telegram: https://t.me/Dogen_Portal
Key Takeaways : MATIC price faces bearish pressure around $0.5. Polygon price prediction for 2024 expects the price of MATIC to surge toward $1.03. By 2030, we expect the MATIC price to record a maximum price of $10.51. Polygon, an Ethereum side chain and layer two scaling solution, has experienced substantial uptake by enterprises and industries in the last year. Consequently, numerous analysts eagerly anticipate the future valuation of its native cryptocurrency, MATIC. This raises the question: Can MATIC’s price reach $10? This forecast for Polygon’s price examines factors such as ecosystem trends, adoption rates, underlying technology, and technical analysis to project the MATIC price prediction from 2024 to 2030. Overview Cryptocurrency Polygon Ticker Symbol POL Rank 12 Price $0.5 Price change 24H -0.3% Market cap $7,240,424,326 Circulating supply 9,899,469,069.28 MATIC Trading volume 24h $210M All-time high $2.92 All-time low $0.003012 MATIC price prediction: Technical analysis Metric Value Current Price $0.5 Price Prediction $ 0.683824 (15.51%) Fear & Greed Index 80 (Extreme Greed) Sentiment Bullish Volatility 21.75% Green Days 17/30 (57%) 50-Day SMA $ 0.404057 200-Day SMA $ 0.487578 14-Day RSI 70.31 MATIC price faces bearish pressure at $0.5 MATIC price analysis shows a bearish pressure of around $0.5. Resistance for MATIC is present at $0.5237. Support for MATIC/USD is present at $0.4598. The MATIC price analysis for December 24 confirms that MATIC faces bearish pressure around $0.5. Currently, the bears are aiming for a drop below Fib channels. MATIC price analysis 1-day chart: Polygon aims for immediate decline MATIC witnessed a bearish rally after bulls failed to push the altcoin above immediate Fib levels. Over the last 24 hours, the price has been holding around $0.5. However, buyers strongly defend a decline on the price chart. The 24-hour volume surged to $3.1 million, showing increased interest in trading activity. The price is trading at $0.5, falling by over 0.3% in the last 24 hours. Matic/USD price chart. Image source: TradingView The RSI-14 trend line has declined from its previous level and currently hovers around 43, showing that bears are slowly gaining price momentum. The SMA-14 level suggests downward volatility in the next few hours. MATIC/USD 4-hour price chart: Bulls aim for a hold above EMA trend lines The 4-hour MATIC price chart suggests MATIC continues to experience bullish activity around EMA lines, creating a positive sentiment on the price chart. As the price continues to face resistance near the immediate Fib level, bears aim to dominate the chart by holding the price below the EMA20 trend line. Matic/USD price chart. Image source: TradingView The BoP indicator trades in a negative region at 0.29, hinting that sellers are trying to build pressure near support levels and boost a downward correction. However, the MACD trend line has formed green candles above the signal line, and the indicator aims for a positive momentum, strengthening buying positions. MATIC technical indicators: Levels and action Daily Simple Moving Average (SMA) Period Value Action SMA 3 $ 0.576766 BUY SMA 5 $ 0.573612 BUY SMA 10 $ 0.539345 BUY SMA 21 $ 0.465925 BUY SMA 50 $ 0.404057 BUY SMA 100 $ 0.403093 BUY SMA 200 $ 0.487578 BUY Daily Exponential Moving Average (EMA) Period Value Action EMA 3 $ 0.554956 BUY EMA 5 $ 0.54316 BUY EMA 10 $ 0.510156 BUY EMA 21 $ 0.461561 BUY EMA 50 $ 0.419527 BUY EMA 100 $ 0.426149 BUY EMA 200 $ 0.493379 BUY What to expect from MATIC price analysis next? The hourly price chart confirms bears are making efforts to prevent the MATIC price from an immediate surge. However, if MATIC’s price successfully breaks above $0.5237, it may surge higher and touch the resistance at $0.6175. MATIC/USDT Chart If bulls cannot initiate a surge, MATIC’s price may drop below the immediate support line at $0.4598, resulting in a correction to $0.4095. Is MATIC a good investment? MATIC token can be a good investment option in the long run as the project develops a roadmap for its Polygon 2.0 version. Polygon collaborates with diverse industries to enhance adoption, focusing on NFT solutions and Ethereum scalability. Partnerships include Starbucks for an NFT loyalty program and collaborations with Adidas, Prada, and Disney to develop NFT offerings. Why is Matic price down today? Following an intense sell off around $0.64, MATIC’s price failed to maintain its buying demand. This resulted in a break below immediate Fib channels. Will MATIC price touch $1? Yes, Matic price might touch the $1 milestone by the end of 2024. However, this depends on the future market sentiment and buying demand. Will MATIC Price Reach $10? If everything remains good and MATIC gains regulatory recognition, its price might surpass $10 by 2030. Is MATIC a good long-term investment? As Polygon continues to expand its offerings, it gains a significant position in the altcoin market. Hence, MATIC can be a good long-term investment option. Recent news/ Opinions on MATIC According to Ali Charts, Polygon whales have accumulated more than 59 million POL tokens within the past 48 hours. This significant increase in activity from large holders suggests a growing confidence in the Polygon network. MATIC price prediction December 2024 Following Donald Trump’s election victory, the crypto market witnessed a robust price surge. As a result, the altcoin market skyrocketed, resulting in a bull run in the Polygon price. However, analysts expect a steady surge in crypto market prices following a bearish October. We expect MATIC to record a minimum price of $0.57 and a maximum price of $0.72, with an average of $0.6 in December. MATIC Price Prediction Potential low Potential average Potential high MATIC Price Prediction December 2024 $0.57 $0.6 $0.72 MATIC price prediction 2024 Based on our thorough technical analysis of MATIC’s historical price data, we anticipate Polygon’s price in 2024’s end to range between a minimum of $0.57 and a maximum of $0.72, with an average trading price around $0.6. See also dYdX price prediction 2024 – 2030: Will dYdX hit $10? MATIC Price Prediction Potential low Potential average Potential high MATIC Price Prediction 2024 $0.57 $0.6 $0.72 MATIC Price Predictions 2025-2030 Year Minimum Price Average Price Maximum Price 2025 $1.34 $1.39 $1.57 2026 $2.07 $2.12 $2.39 2027 $3.03 $3.11 $3.60 2028 $4.28 $4.43 $5.36 2029 $6.08 $6.26 $7.41 2030 $8.93 $9.18 $10.51 Polygon price prediction 2025 Ethereum fees increase dramatically during a bull market, making it too expensive for regular cryptocurrency users. That’s why Polygon became popular during the last bull market. But this time, in 2025, Polygon has tougher competition from Arbitrum, Optimism, and Starknet. However, Polygon’s Proof of Stake (PoS) chain can handle up to 65,000 transactions per second (TPS) and is cheaper than chains like Arbitrum and Optimism. Hence, increasing adoption might drive up its price in 2025. In 2025, the price of Polygon is forecasted to reach a minimum level of $1.34. It’s anticipated to achieve a maximum level of $1.57, with an average price of $1.39 throughout the year. MATIC price forecast for 2026 Polygon has made PolygonzkEVM available to everyone, making it one of the first ZK Rollups to do so. This is a big step forward for Polygon and gives it an advantage. With its growing use by businesses, innovative technology, and past success, Polygon could reach a new all-time high in 2026. According to the forecast and technical analysis, Polygon’s price is expected to hit a minimum of $2.07 in 2026. The maximum price projection is $2.39, with an average value of $2.12. Polygon (MATIC) price prediction 2027 In 2027, one Polygon is anticipated to reach a minimum price of $3.03. The maximum projection for MATIC price is $3.60, with an average price of $3.11 for the year. Polygon price prediction 2028 For 2028, the price of Polygon is predicted to attain a minimum value of $4.28. The maximum value could soar to $5.36, with an average trading price of $4.43 throughout the year. Polygon price prediction 2029 In 2029, Polygon’s price is forecasted to bottom out at $6.08. The maximum possible level for MATIC price could hit $7.41, with an average forecast price of $6.26. Polygon (MATIC) price prediction 2030 Looking ahead to 2030, Polygon’s price is expected to reach a minimum of $8.93. The maximum projection is $10.51, with an average trading price of $9.18. MATIC price prediction 2024 – 2030 MATIC price prediction by experts Firm Name 2024 2025 Coincodex $2.24 $3.56 Digital Coin Price $1.72 $2.84 Changelly $1.38 $2.01 Cryptopolitan’s MATIC price prediction Cryptopolitan is bullish on MATIC’s future market potential. We anticipate Polygon’s price in 2024 to range between a minimum of $0.9012 and a maximum of $1.03, with an average trading price of around $0.9298. However, its future market sentiment entirely depends on the SEC’s stance, global regulation, and investor interest. MATIC historic price sentiment MATIC price history MATIC debuted in 2019, initially valued below a cent. Maintained a steady level around $0.02 for the following two years. The transformation of MATIC into Polygon in 2021 led to significant growth. Surged past the $1 mark in May 2021, eventually peaking over $2. Notably, on December 27, 2021, Polygon reached an all-time high of $2.92. However, in 2022, the token struggled, dipping below $1 in May. It experienced several market crashes throughout the year, falling below $0.50 in June. There was a brief resurgence above $1 in August. By the end of 2022, Polygon closed at $0.7585, reflecting a significant 70% decline. The following year, 2023, saw mixed performance for Polygon. It broke the $1 threshold in February but faced setbacks, such as dropping to $0.5593 in June due to Crypto.com news. Nonetheless, it peaked at $0.8775 on July 13. The token then experienced a decline to $0.4946 on September 11. Recovering momentum, it reached $0.9789 on November 14. As of January 16, 2024, Polygon was trading at approximately $0.8514. However, the price slowly recovered and recorded a high of $1.4 in March. In the weeks of April and May, MATIC price declined heavily and consolidated below $0.8. In June and July, the price of MATIC declined heavily as it headed toward $0.4. In recent weeks of August, the price of Matic has been consolidating between $0.4-$0.6. By the end of September, the price of Matic attempted to surge above $0.45. In October, the price surged toward $0.39; however, it failed to hold that momentum. In November, the price of MATIC made remarkable surges. Following Donald Trump’s victory, Matic price surged toward $0.63.
Although Shiba Inu price has crashed by over 30% from its December high, its ecosystem is doing well, pointing to an eventual rebound. SHIB price comeback will be supported by its futures open interest and the NPL indicator, which points to capitulation. Shiba Inu Price To Be Boosted By Shibarium Growth Shiba Inu price was trading at $0.00002225 on Tuesday, much lower than this month’s high of $0.000033. Shibarium, the layer 2 network it launched earlier this year, could be a potential catalyst for the SHIB price. According to Shibarium Scan , the network has continued doing well even as the mood in the crypto industry worsened. The number of addresses in the network has jumped and crossed the 2.02 million milestone , a sign that it is thriving. Also, the number of completed transactions in Shibarium have risen to over 692 million, a sign that they will cross the 700 million level in the next few weeks. Shibarium’s network growth is a good thing for Shiba Inu price because some of the fees made in the ecosystem contribute to its burn rate. Data by ShibBurn shows that the SHIB’s burn rate has jumped after Shibarium’s launch. Leading Indicators Point to a Rebound Some popular leading indicator predict that the Shiba Inu price will recover. First, Shiba Inu’s open interest in the futures market has dropped to a monthly low. In most cases, a cryptocurrency’s rally starts when the interest is low. For example, the value of SHIB rose by 75% since the open interest bottomed at $38 million on November 6. Shiba Inu Open Interest Second, another data shows that the realized profit/loss indicator points to the biggest capitulation in over a month. That is a sign that some investors selling the coin at a loss has increased, which is often seen as a positive catalyst. Shiba Inu PNL Data Another data by Santiment shows that the number of active Shiba Inu addresses has dropped from this month’s high of 239,000 to the current 197,000. Cryptocurrencies often rebound when there is capitulation and when many short-term holders – speculators – are selling. Shiba Inu Price Hammer Points To A Rebound A quick look at SHIB does not inspire confidence that the token will rebound since it has even crashed below the 50-day moving average. On the positive side, Shiba Inu has formed a hammer candlestick pattern comprising a small body and a long lower shadow. A hammer is one of the best reversal candlestick patterns. The coin has also found substantial support along the ascending trendline that links the lowest levels since August. Therefore, a move above the 50-day MA will confirm a bullish breakout. It will point to a rally to $0.00003380, 50% above the current level. Shiba Inu Price Chart A drop below the ascending trendline at $0.000019 will invalidate the bullish view and point to more down movements. The post Shibarium Addresses Cross 2M After Capitulation, Can Shiba Inu Price Rise 50%? appeared first on CoinGape .
Yann LeCun’s opposition to AI fearmongering drives his vision for the future of artificial intelligence.
PRESS RELEASE. The holidays just got better for crypto enthusiasts and tech innovators! On January 1, Lightchain AI will introduce the beta version of its revolutionary DAO (Decentralized Autonomous Organization), creating a groundbreaking opportunity for the LCAI token-holding community. This exciting launch positions Lightchain AI at the forefront of decentralized technology by empowering users to