Tag: Jump

  • NEAR protocol price surges as AI Tokens jump on Nvidia’s $5 Billion intel bet

    NEAR protocol price surges as AI Tokens jump on Nvidia’s $5 Billion intel bet

    NEAR Surges Amid Nvidia Deal

    • NEAR jumps 11% to $2.98 as Nvidia’s $5B Intel stake sparks AI crypto rally.
    • AI tokens surge with NEAR, TAO, Render and The Graph gaining on chip deal optimism.
    • NEAR eyes $3.6–$4 breakout as AI adoption and bullish charts fuel momentum.

    NEAR Protocol price jumped more than 11% in 24 hours to hit $2.98 amid a broader rally in AI-linked cryptocurrencies.

    The AI token’s uptick aligned with momentum that stemmed from Nvidia’s strategic $5 billion investment in Intel, with Bittensor, Render and The Graph among the top crypto AI gainers.

    Tokens like Aster jumped 500% on Thursday.

    NEAR price retests $2.98 as Nvidia news boosts AI tokens

    NEAR Protocol’s token experienced a sharp uptick, retesting the $2.98 resistance level with an 11% pump.

    This came after the cryptocurrency traded to lows of $2.70 earlier in the week, and the surge aligns with the overall crypto bounce and Nvidia’s announcement of a $5 billion equity stake in Intel.

    This deal, which includes collaborative development of AI-optimized PC and data center chips.

    It’s a move that points to Nvidia’s push to fortify US semiconductor capabilities amid global supply chain tensions.

    The investment arrives at a pivotal moment for Intel, following a $9 billion US government stake via the CHIPS Act and a $2 billion infusion from SoftBank, bolstering Intel’s balance sheet and foundry ambitions without immediate reliance on Nvidia’s manufacturing needs.

    AI tokens surge

    For the AI crypto ecosystem, this move amplifies optimism as the partnership signals the AI chipmaker’s potential to “innovate for customers” as it grows its business.

    NEAR, designed as an AI-native blockchain with sharding technology enabling up to 100,000 transactions per second, stands to benefit if momentum catalyzes price gains.

    The protocol’s Nightshade consensus and tools like Near Tasks for AI agents resonate with Nvidia’s ecosystem, and key integrations may see the altcoin explode further.

    Today’s Nvidia-fueled pump has similarly lifted the AI token sector: TAO climbed 7.7%,RENDER 8%, and The Graph (GRT) 5.9%, per CoinMarketCap data.

    Broader market tailwinds, including Bitcoin’s recovery to above $117,600, have added an uplift to the upswing.

    NEAR’s market cap moved back above $3.7 billion to rank 34th among top cryptocurrencies.

    What’s next for NEAR price?

    NEAR’s trajectory hinges on sustained AI momentum and technical breakouts targeting $3.6.

    Both the RSI and MACD on the daily chart support upside continuation.

    A look at the chart also shows a potential triangle pattern breakout.

    NEAR price chart by TradingView

    While downturn risks include macroeconomic headwinds, such as potential US regulatory scrutiny on AI chips or broader crypto volatility, NEAR has the potential to see levels above $4 in coming weeks.

    The project’s protocol upgrades and global AI adoption trends could allow bulls to target highs of $8.

    On the flip side, primary support could be around $2.62.

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  • Bitcoin crosses $122.5K; Stellar (XLM) price set to jump 30%

    Bitcoin crosses $122.5K; Stellar (XLM) price set to jump 30%

    A Healthy Bull in green Environment

    • Bitcoin crosses the $122,500 milestone on Monday, bolstering overall market sentiments.
    • Optimism emerges as US lawmakers prepare for crucial crypto votes this week.
    • XLM targets continued uptrends to $0.681 resistance.

    Bitcoin opened the week on a bullish leg as US regulatory developments propelled prices to historic highs of $122,540 on Monday.

    BTC’s rally to new all-time highs has reignited enthusiasm in the cryptocurrency market, and Stellar’s native token appears ready to lead altcoin breakouts.

    XLM has breached crucial resistances with soaring volumes, signaling extended gains in the short term.

    The current broad-based rallies support the altcoin’s bullish trajectory.

    Analyst Javon Marks trusts XLM might surge to the next obstacle at $0.681.

    That would mean a 29.94% upswing from Stellar’s current market price of $0.4771.

    Legislative moves propel BTC to ATHs

    Bitcoin surpassed the $120,000 milestone for the first time today as investors braced for the long-awaited regulatory modifications in the US.

    Notably, the United States House prepares to vote on three key crypto-related bills this week.

    First and foremost, they will debate the GENIUS Act, which focuses on regulating stablecoins such as USDT and USDC.

    It will head to Donald Trump if passed. The US president has vowed to support crypto growth in the United States.

    Also, the House will vote for the CLARITY Act.

    It aims to monitor crypto market structures.

    Nate Geraci's X Post
    Source: Nate Geraci’s X Post

    Finally, the Anti-CBDC Surveillance State Act proposes prohibiting the Fed from issuing a central bank digital currency.

    Besides the political theatrics, these legislative moves will reshape the cryptocurrency regulatory tone.

    The possibilities of friendlier policies due to the current pro-crypto government ignited optimism in the digital assets sector.

    XLM breaks out after consolidation

    Stellar’s native token capitalized on the broad-based bull rally to overcome a key resistance at $0.47.

    The move has grabbed analysts’ attention, with one expecting continued XLM surges to the obstacle at $0.681.

    Policy tailwinds, price charts, and Bitcoin’s outlook support XLM’s 30% potential upswing in the near term.

    Can XLM surge 30%

    Javon Marks’ Stellar chart resembles Rose Signals, both pointing to extended surges.

    Their chart shows the current breakout materialized after multiple higher lows on XLM’s weekly chart.

    That indicates increased accumulation, which is crucial for stable uptrends.

    The chart suggests possible surges to $0.6719.

    A Crypto Chart

    All eyes are watching D.C.

    Cryptocurrencies appear poised for continued rallies with massive legislative developments in the United States.

    The momentum will spike further if the House passes any or all bills this week.

    For instance, passing the crypto structure or stablecoins frameworks might see investors rotating more capital into crypto.

    That would mean massive gains for Bitcoin and altcoins, including XLM.

    However, digital assets are never without risks. Sudden Bitcoin corrections or bills’ rejection could mean substantial selling pressure.

    Losing the $0.47 barrier will delay XLM’s potential rally.

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  • Bitcoin Pepe price to jump soon as another firm plans major BTC purchases

    Bitcoin Pepe price to jump soon as another firm plans major BTC purchases

    Best crypto to buy as altcoin rotation favors low-caps: BRETT, BPEP, and TRX

    • With institutional adoption increasing, major cryptos are becoming less attractive to investors seeking outsized returns.
    • These investors are increasingly looking toward early-stage tokens such as Bitcoin Pepe.
    • The project’s presale has raised over $15.3 million.

    Bitcoin (BTC) dropped to a six-week low late Sunday, briefly falling below $98,500 after a US airstrike on Iranian nuclear facilities over the weekend heightened geopolitical tensions.

    Risk assets came under pressure as markets responded to the escalation.

    However, the dip below the $100,000 mark proved short-lived. BTC rebounded during early Monday trading, recovering to around $101,841 at the time of writing.

    Bitcoin now trades near the key psychological threshold of $100,000. A decisive close below that level could signal further downside, with the next support near Sunday’s intraday low of $98,200.

    In this volatile environment, institutional adoption remains a bright spot, with more firms looking to expand their exposure to digital assets.

    As institutional participation increases, top-tier cryptocurrencies are becoming less attractive to investors seeking outsized, asymmetric returns.

    This shift is drawing renewed interest toward early-stage tokens such as Bitcoin Pepe, which are capturing risk-on capital.

    With traders pivoting to more speculative corners of the market, assets like Bitcoin Pepe are emerging as key beneficiaries of the current momentum.

    Grant Cardone’s firm buys Bitcoin

    Real estate mogul Grant Cardone has announced Cardone Capital’s first Bitcoin purchase, marking the firm’s entry into a digital asset treasury strategy.

    Cardone Capital has added 1,000 Bitcoin (BTC), valued at approximately $101 million at current market prices, to its balance sheet.

    “First ever real estate/Bitcoin company integrated with full BTC strategy,” Cardone said in a post on X, describing the move as a combination of “the two best-in-class assets,” real estate and Bitcoin.

    He also indicated plans to add another 3,000 BTC to the firm’s holdings later this year.

    With this initial purchase, Cardone Capital surpasses mining firms Core Scientific and Cipher Mining in terms of Bitcoin holdings, according to data from BiTBO.

    Founded in 2017, Cardone Capital is a private equity real estate firm that pools investor capital to acquire multifamily residential properties.

    The firm currently manages more than 14,000 units and has an estimated $5.1 billion in assets under management.

    Bitcoin Pepe price outlook

    While Bitcoin grapples with short-term volatility, its growing institutional adoption continues to underpin overall market sentiment.

    At the same time, investors are rotating back into high-beta segments of the crypto market, with meme coins witnessing a renewed wave of inflows.

    Among the most prominent is Bitcoin Pepe, which has set itself apart by blending meme-driven appeal with a Layer 2 infrastructure narrative.

    Unlike conventional meme tokens that rely solely on viral traction, Bitcoin Pepe positions itself as the first meme-centric Layer 2 built on the Bitcoin network, seeking to deliver scalability and speed similar to Solana while anchored to Bitcoin’s base-layer security.

    The project has also secured strategic partnerships with Super Meme, Catamoto, and Plena Finance, aimed at supporting the broader utility and adoption of its ecosystem.

    Bitcoin Pepe’s presale has so far raised over $15.3 million, with its BPEP token priced at $0.0416.

    A price increase is imminent, with the next tier triggered once the presale hits $15.54 million in total funding.

    The token is slated for listing on MEXC and BitMart, with expectations that these will provide improved liquidity and visibility.

    An additional listing announcement is expected to be announced on June 30, further fueling investor interest as the presale nears completion.

    With risk appetite returning and meme coins back in focus, Bitcoin Pepe appears well-positioned to benefit from both speculative momentum and a more structurally grounded product narrative.

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  • UTXO, SNZ, and Jump Crypto among major institutions adopting sBTC

    UTXO, SNZ, and Jump Crypto among major institutions adopting sBTC

    UTXO, SNZ, and Jump Crypto among major institutions adopting sBTC

    • Stacks’ sBTC gains traction with UTXO, SNZ, Jump Crypto as early adopters.
    • With this adoption, the demand for sBTC has tripled capacity in under 24 hours.
    • The sBTC unlocks Bitcoin DeFi, with withdrawals set to start in March 2025.

    A new wave of institutional adoption is sweeping through the Bitcoin ecosystem as Stacks, a prominent Bitcoin Layer 2 solution, celebrates the rapid uptake of its decentralized, Bitcoin-backed asset, sBTC.

    Leading the charge among early sBTC adopters are industry heavyweights UTXO Management, SNZ, and Jump Crypto, signalling strong confidence in sBTC’s potential to unlock decentralized finance (DeFi) utility for Bitcoin holders worldwide.

    UTXO Management, a key player with its venture arm backing top Bitcoin companies and its liquid fund 210k Capital deploying resources across public and private markets, has embraced sBTC as part of its Bitcoin strategy.

    Jump Crypto, a division of the renowned Jump Trading Group, brings its expertise as a quantitative trading firm and infrastructure builder to the table. Saurabh Sharma of Jump Trading notes, “sBTC fosters a more dynamic and interconnected financial landscape.”

    SNZ, a crypto-native investment firm with a footprint in Hong Kong, Singapore, and the US, continues its legacy of supporting Bitcoin innovation. It was an early backer of Stacks and other public blockchains in Asia.

    Other notable participants include CMS Holdings, an active investor in Bitcoin scaling ventures; RootstockLabs, a pioneer behind the Rootstock sidechain; Sypher Capital, with its focus on generating native Bitcoin yield; and Asymmetric Research, a security partner to major protocols like Solana and Wormhole.

    Together, these institutions underscore sBTC’s broad appeal across the crypto ecosystem, from trading and investment to technical development and security.

    The rising enthusiasm for sBTC

    Launched on the Stacks mainnet in December 2024, sBTC has quickly positioned itself as a game-changer in the tokenized Bitcoin landscape, enabling programmable smart contracts and transactions secured by Bitcoin’s robust infrastructure.

    The enthusiasm for sBTC was evident from the start, with its initial capacity cap filled by a roster of influential depositors, prompting a second cap raise that tripled availability on February 25th.

    Remarkably, this expanded capacity was fully subscribed in under 24 hours, reflecting surging demand from institutions, wealth managers, builders, and retail investors alike.

    Among the standout sBTC use cases driving this momentum is Zest, a fast-growing application that has already captured nearly 40% of the sBTC within the protocol, showcasing the asset’s immediate usability and appeal.

    For Bitcoin enthusiasts, sBTC represents a bridge between the cryptocurrency’s unparalleled security and the dynamic possibilities of DeFi.

    Unlike traditional staking or locking of Bitcoin on its base layer, sBTC activates capital by enabling a wide range of financial applications, from yield generation to lending and decentralized exchanges.

    Alex Miller, CEO of Hiro, a developer tooling company within the Stacks ecosystem, emphasized the sBTC’s transformative potential stating that the growing adoption of sBTC provides essential liquidity for developers building and scaling applications.

    Notably, the rise of sBTC comes amid a broader surge in Bitcoin Layers, which have seen their total value locked (TVL) soar by over 460% in the past year, climbing from approximately $500 million in 2024 to $2.8 billion by February 2025, according to CoinGecko data.

    This growth reflects a growing recognition among Bitcoin (BTC) holders that Layer 2 solutions like Stacks can enhance functionality without compromising the core principles of security and decentralization.

    With tokenized Bitcoin assets now accounting for 1.67% of BTC’s circulating supply, the highest level since October 2022, sBTC is poised to play a central role in this evolving narrative.

    Looking ahead, Stacks is preparing to roll out withdrawal functionality for sBTC in March 2025, a milestone that will further solidify its utility. As the leading Bitcoin Layer 2 by developer traction and market cap, Stacks is driving a movement to transform Bitcoin’s $1 trillion in passive capital into a fully programmable, productive asset.

    With support from top staking providers, custodians, and ecosystems like Solana and Aptos, sBTC is not just connecting Bitcoin to DeFi—it’s paving the way for a future where all roads in crypto lead back to Bitcoin.

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  • Injective & InQubeta prepare to jump

    Injective & InQubeta prepare to jump

    Bitcoin (BTC), InQubeta (QUBE), and Injective (INJ) are among the top crypto coins to invest in now. BTC, the king of cryptocurrencies, is officially back as its prices surge past the $37,000 mark for the first time in almost two years. Prices have expanded 31% in the past month and there’s a solid chance they will reach $50,000 before the end of 2023. 

    Top DeFi projects InQubeta and Injective have enjoyed 130% and 113% price surges respectively. 

    InQubeta uses decentralized finance to open up access to artificial intelligence (AI) investments, while Injective provides a wide range of decentralized finance tools from spot exchanges to lending protocols. 

    InQubeta (QUBE) surges past $4.6 million 

    The InQubeta project has been a massive hit with cryptocurrency investors since the start of its presale raising over $4.6 million in token sales. The ambitious new DeFi project provides an alternative investment medium for those who don’t meet the requirements of traditional investment avenues or don’t have access to them. 

    The project aims to help push AI by helping companies that focus on the technology to secure capital, while simultaneously providing easier-to-access investment opportunities. The timing of the project’s launch couldn’t be any better as investor interest in AI is at an all-time high. The capital devoted to AI has grown 12x since 2015, and about $120 billion is invested in AI as of now. That’s an insignificant sum when compared to the $1.5 trillion expected to come into the AI space by 2030.

    Artificial intelligence’s role in our lives will increase exponentially in the next several years as concepts that were once restricted to sci-fi content become a reality. Amazon now uses humanoid robots to perform repetitive tasks in one of its warehouses and Coca-Cola just created a new flavour using AI that had been fed large volumes of consumer data. 

    AI is on course to create rewarding investment opportunities and those who back the technology position themselves to earn substantial profits. InQubeta now opens access to these opportunities to all who wish to participate. 

    A new way to invest in AI

    InQubeta showcases the major role decentralized finance will play in the future as it comes up with a secure, transparent, and efficient way for investors to back AI firms. Startups fundraise by making non-fungible tokens that represent investment opportunities. These are InQubeta’s version of stocks and they provide similar benefits. Some even give investors unique rewards like exclusive access to new products developed. 

    Also called ERC20 coins, the NFTs made by these AI startups are posted on the marketplace where investors can learn more about the opportunities they represent and purchase tokens they find interesting with QUBE. QUBE can be acquired with top crypto coins like BTC, ETH, and LTC or debit and credit cards.

    Investors can monitor the growth of any tokens bought through their InQubeta accounts and they can resell them on the NFT marketplace at any time. 

    Injective (INJ) enjoys a massive 113% price surge

    Injective is one of the best DeFi projects in the cryptocurrency space and its recent 113% surge is proof of how useful investors find the decentralized financial services it provides. However, technical indicators like its momentum at 2.11 might be a sign a strong reversal is about to occur. 

    Bitcoin (BTC) is close to making $50k predictions a reality

    Bitcoin (BTC) prices have been on a major bull run in the past 30 days, growing by over 33%, breaking the $37,000 resistance level. 

    Standard Chartered’s predictions that BTC will reach $50,000 is a step closer and prices are expected to explode if one of the pending spot BTC ETFs are approved in the coming months. 

    Summary

    BTC, QUBE, and INJ should be on your list if you’re looking for the best cryptos to buy. QUBE’s growth potential has been compared to where Bitcoin was a decade ago, and prices are expected to grow up to 100x once launched. BTC and INJ could enjoy about 3x growth during that period. 

    For more information on InQubeta, visit InQubeta Presale| Join The InQubeta Communities.

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  • Ferrari adds BTC, ETH, XRP to payment options; ADA, DOGE & QUBE ready for a jump

    Ferrari adds BTC, ETH, XRP to payment options; ADA, DOGE & QUBE ready for a jump

    The high-octane world of luxury cars has always been a hotbed for innovation, not just in design and performance, but also in the realm of customer experience and payment methods. On October 14, Ferrari, the iconic luxury carmaker, took a leap into the future by accepting crypto payments

    As we witness the impact of this move, there’s a new ICO in the crypto arena that’s been steadily garnering attention and redefining how we invest in AI technology startups – InQubeta ($QUBE).

    InQubeta ($QUBE) – a gateway to AI investments

    In a world increasingly driven by Artificial Intelligence, startups are often at the intersection of breakthrough innovations and immense growth potential. However, channelling investments into these ventures has been a challenge that often deterred potential investors. InQubeta is on a mission to revolutionize this space.

    Providing a robust platform for fractional investment in AI startups, InQubeta introduces QUBE tokens as the bridge connecting potential investors with promising startups. These startups, in their quest for funds, create some of the coolest NFTs representing either rewards or equity. These NFTs are then available for purchase by investors using QUBE tokens, creating a symbiotic relationship where startups acquire necessary capital, and investors enjoy the returns and benefits based on their NFT holdings.

    More than just another crypto to buy, QUBE is also a deflationary ERC20 coin, with an in-built burn mechanism. Moreover, as a governance token, QUBE is not just a passive investment. It grants its holders the power to shape the platform’s future, making decisions, proposing changes, and voting on pivotal aspects of InQubeta’s journey.

    Ensuring security and trust, InQubeta has received a positive audit from Hacken and a KYC verification from BlockAudit. With an ongoing presale that has already raked in over $3.7 million, the platform’s roadmap hints at a future filled with expansion; one that will make QUBE the best crypto investment of this decade.

    You can now buy a Ferrari with Crypto

    As reported by Reuters on Oct. 14, Ferrari has now opened the gates for its clientele to purchase luxury cars using the best cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). Partnering with BitPay as its payment processor, this iconic brand ensures a seamless transaction experience for its customers. 

    Regardless of whether a client chooses to pay with traditional currency or cryptocurrency, there will be no difference in prices, fees, or surcharges. While the offering currently caters to U.S. customers, Ferrari also has its eyes set on the European market.

    The rising tide: ADA, DOGE & QUBE

    With the increasing integration of cryptocurrencies in mainstream industries, top altcoins like ADA Cardano (ADA), Dogecoin (DOGE), and InQubeta (QUBE ) are poised for significant market movements. As businesses and consumers alike become more crypto-savvy, these tokens, backed by robust projects and utilities, are likely to see a surge in demand and valuation.

    Cryptocurrencies are no longer the outliers; they’re rapidly becoming the norm. As we stand at this juncture, it’s not just about the cars we drive or the tokens we invest in; it’s about the future we’re collectively crafting. Pioneering platforms like InQubeta highlight the evolving narrative of the modern financial landscape. 

    To take part in the InQubeta project you can visit InQubeta Presale and join The InQubeta Communities.

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  • Bitcoin shrimps holdings jump to 1.31 million BTC

    Bitcoin shrimps holdings jump to 1.31 million BTC

    • Bitcoin wallets with less than 1 BTC now hold an all-time high of 1.31 million coins.
    • Shrimps have been adding an average of 26,000 BTC every month, data shows.
    • The growth of the shrimp cohort is a positive development for the Bitcoin network.

    The amount of Bitcoin held by “shrimps” – those wallet entities that currently hold less than 1 BTC) has reached a new all-time high.

    According to data from Glassnode, shrimps have increased their total holdings to 1.31 million BTC. The cohort has witnessed the gradual increase in holdings over the past several months.

    Shrimps grow holdings by +26,000 BTC every month

    Per data Glassnode shared via Twitter, the shrimp cohort has experienced a significant expansion of their holdings in 2023. This followed a similar trend last year, with the buying among this group coming despite the greater volatility that hit the market.

    Specifically, shrimps have added 26,000 or more Bitcoin every month. Since July 2020, only 202 (3.9%) trading days have recorded a larger monthly growth.

    The suggestion from this is that retail investors have been aggressive in accumulating BTC, with the dips seen during the bear market providing investors with an opportunity to buy Bitcoin at low prices.

    The chart below shows the growth in the amount of BTC held by wallet addresses with less than 1 bitcoin. As you can see, the amount held by these entities has increased significantly in June/July 2022 and again in November/December and January 2023.

    Increase in small holders is a positive for the long-term health of Bitcoin’s network as the metric suggests retail investors are confident in the cryptocurrency’s growth and long term potential.



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  • Decentraland’s (MANA/USD) defies gravity to jump 20% but will buyers be relentless?

    Decentraland’s (MANA/USD) defies gravity to jump 20% but will buyers be relentless?

    • Decentraland’s MANA has surged by over 20% in the week

    • Most gains came when the metaverse platform announced an open-cross competition

    • MANA’s long-term recovery remains tied to the crypto sentiment

    Decentraland’s (MANA/USD) rose by 12% over the weekend, taking the weekly gains to over 20%. The surprise gains come after a prolonged bear market that saw the cryptocurrency claim the lowest price in 2022 on December 31.

    Investors banking on Decentraland’s MANA would be delighted at the latest cryptocurrency news amid quietness in the metaverse. On January 06, Decentraland said it had launched the first-ever metaverse architecture and design Biennale. It will be an open-cross competition in the metaverse and includes performances, events, public talks, and lectures. The event is expected to accommodate more than 50,000 visitors in over five days. The event is expected to attract opinion leaders, creators, and partners who will share ideas about the metaverse.

    The latest development comes as activity building in the metaverse continues to slump in a crypto winter. The low activity has pushed MANA to very low valuations, with the cryptocurrency trading at $0.355 as of press time. That compares to a high of nearly $6 at the height of the metaverse and crypto boom in November 2021.

    MANA price outlook and analysis amid recoveries

    MANA/USD Chart by TradingView

    From the technical outlook, the RSI shifted above the midpoint, suggesting the entry of buyers of MANA. The MACD indicator highlights an improved momentum. The MACD line crossed above the signal line, reinforcing a bullish outlook. However, the indicator is still below the neutral zone, emphasising that the bearish market remains. MANA price also remains underneath the descending trendline despite the recoveries.

    What could happen next?

    Investors could continue riding on the short-term rally on MANA as momentum has improved. However, the outlook is bearish, and MANA could correct once the price hits the descending trendline. If buying MANA now, be watchful of the level around $0.4, where the price intersects with the descending trendline.

    Where to buy MANA

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy MANA with eToro today

    Binance

    Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

    Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.


    Buy MANA with Binance today

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  • The Graph token (GRT/USD) price prediction after a 12% jump

    The Graph token (GRT/USD) price prediction after a 12% jump

    The Graph token (GRT/USD) rose by a dozen percentage points on Thursday. The token was among the few gainers on the day after a market drop following the Fed’s rate hike. CoinMarketCap showed a surge in trading volumes, coinciding with the price surge. The gains elicit the question, how sustainable is GRT? 

    The Graph claims to be an indexing protocol. Users can use the platform to query other networks, including Ethereum and IPFS. The protocol allows anyone to create and publish subgraphs, or open APIs, further broadening data decentralisation.

    Alongside the investor interest on Thursday, The Graph was projected to benefit immensely from the Ethereum Merge. However, since the Merge, GRT price has been a beaten-down cryptocurrency. That’s because of the querying function that The Graph provides to Ethereum. Consequently, The Graph has been recognised as key to Ethereum’s scaling plans. 

    The gains in The Graph underline positive expectations the protocol will play in the post-Merge period. Going by the fundamentals, investors could see the Graph as a favourable investment in the PoS ETH era. 

    GRT meets resistance after the intra-day gains

    Source – TradingView

    Technically, The Graph token has met resistance at $0.092. The token is undergoing a correction at the resistance zone. Although it broke past the resistance, a close of the daily candlestick below could invalidate a bullish view. However, the RSI remains above the midpoint, implying buyers are still active on the token.

    What next for GRT?

    The cryptocurrency has to clear the resistance level to consider a buy attractive. We need to wait for the close of the daily candlestick to assess the next price direction. A bullish breakout will allow buyers to target $0.10 and $0.12 next.

    Where to buy GRT

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy GRT with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy GRT with Bitstamp today

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