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Top 5 New Cryptocurrencies of 2024 l Searching for Crypto With 1000x Potential

by BSCN

May 17, 2024

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Which coins hold the key to your investment success? Find out the gems in our comprehensive analysis.

The crypto market is abuzz with the latest surge, often compared to previous bull run years. Enthusiasts and investors are on the lookout for promising newcomers that could deliver staggering returns. A handful of fresh cryptocurrencies have captured attention, suggesting they might lead the charge with substantial growth potential. This article dives into the details of five such currencies attracting spotlight in 2024. Discover which ones have investors buzzing with anticipation and why they might be poised for exceptional gains.

Over $6 Million Raised: BlastUP Presale Continues, Offering Up To 1000% Potential ROI

BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 15,000 active users

 

The ongoing presale of BlastUP is a huge success, more than $6 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year. 

 

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BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

 

BlastUP's roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem's capabilities.

 

 The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

 

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Ethena Price Movement and Future Outlook

Ethena's price is between $0.75 and $0.97. Over the last week, its value has dropped about 19.60%, and in the past month, it went down 38.84%. However, looking at the past six months, it has grown by 152.02%. The nearest price it may face challenges from is $1.11, and if it finds support or a lower boundary, it might not easily drop below $0.67. The price appears to be in a mix of upward and downward moves, as the price is higher than both the 10-day and 100-day average but with recent short-term declines. Given the RSI of 60.40, the coin is neither overbought nor oversold, suggesting a degree of stability. The Stochastic at 89.18 signals that price might be reaching a point where it could reverse from its recent upward trend. With the MACD barely above zero, there's not a strong momentum in either direction right now. Looking forward, if the coin holds above the $0.67 mark, it may attempt to break the $1.11 resistance, but if it falls below $0.67, the next support at $0.45 could come into play.

Hashflow Price Movement: A Current Snapshot

Hashflow (HFT) is trading between $0.27 and $0.32. Despite going down more than 4% in both the past week and month, it has slightly risen about 2% over the past six months. It's moving near both its 10-day and 100-day averages of $0.29. With the RSI at 67.32, it's close to being overbought, and the high Stochastic value of 94.50 often suggests the same. The MACD at 0.003 shows a small momentum which could signal a move. Right now, it seems more likely to drop than rise with strong resistance at $0.36 and a bit of support at $0.25. If it moves past $0.32, it might try for $0.36, but if it drops below $0.27, it could fall to $0.25 or even $0.19. The general movement is corrective as it's within a smaller price range with no strong push in either direction.

Manta Network (MANTA) Price: Reversal or Push Higher?

Manta Network (MANTA) has experienced a drop in the last week and month, with prices falling -2.69% and -21.70% respectively. However, over the last six months, it has seen a staggering rise of 3166.64%. Currently trading between $1.53 and $1.82, MANTA is close to its 10-day and 100-day average prices of around $1.62. The coin's movement is showing signs of higher activity, with an RSI of 63.30 that leans towards more buying, and a high Stochastic value of 82.51 suggesting it may be overbought. Its MACD value at 0.02 indicates a potential for continued positive momentum. Resistance and support levels are set at $2.01/$2.29 and $1.43/$1.15 respectively, signaling possible pivot points for the price direction. The price moves appear to be in a corrective phase after recent declines, but a push towards resistance levels might be on the cards if the bullish conditions persist.

Blur Price Fluctuates Amidst Market Speculation

Blur (BLUR) has been experiencing fluctuations in its price with a current range between $0.35 and $0.40. Resistance and support levels are evident with the nearest resistance at $0.44 and support at $0.33, which may play pivotal roles in upcoming price movements. The price of BLUR decreased by 1.09% past week, with a more significant drop of 10.01% within the last month, and a 7.95% decrease over the past six months. Technical indicators like the high RSI at 76.97 and a Stochastic indicator at 96.89 suggest that BLUR might be in an overbought zone, hinting at a potential pullback. The MACD's level at 0.01 indicates a neutral trend. Current price action seems impulsive, reflecting rapid changes that could lead to a correction.

Conclusion

The new cryptocurrencies ENA, HFT, MANTA, and BLUR show promise but their short-term growth potential appears limited. Investors looking for significant growth might find BlastUP to be the standout project. Its strong concept and integration within the Blast ecosystem position it to potentially offer a higher growth trajectory, marking it as the cryptocurrency with the most attractive potential.

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