The excitement mounts. Traders are wondering how cryptocurrencies will develop in the coming week. After a strong week of trading with Bitcoin up 15%, for example, the signs point to consolidation. Nevertheless, some altcoins in particular remain exciting, which are showing relative strength in the current market environment, which is being led by Bitcoin. At the same time, trends and news are likely to cause volatile price movements on the markets over the next few days.
Which cryptocurrencies to buy now? Investors & traders could take a closer look at the following coins on Sunday before the start of the new week.
1. Wall Street Memes (WSM)
In the next few hours, the crypto presale of Wall Street Memes (WSM) reach around $10.3 million. Then, with impressive momentum, the new meme coin managed to collect a two-digit million amount in just one month. Generating bullish momentum, Wall Street Memes can also count on the passionate support of the community buying the WSM token in the digital currency market.
Actually known from the stock market and based on the GameStop hype, Wall Street Memes would also like to establish a position in the digital currency market. The successful crypto presale shows that this can certainly succeed in the medium term.
Meme coins remain one of the most exciting market segments in June, which scores with a comparatively high level of liquidity. Apparently, risk-averse capital continues to flow into meme coins in order to achieve above-average returns. The fact that this is also possible with WSM is already shown by the FOMO in the presale.
Go to the Wall Street Memes Presale
2. Aave (AAVE)
With a gain of over 20% in the last 24 hours, AAVE is the top gainer among the 100 most valuable cryptocurrencies. The distance from the record high remains significant at around 90%.
AAVE is also currently in first place according to metrics in social media. The cryptocurrency is trending and remains worth watching, although technically the recent pump needs confirmation.
For a first trend reversal, AAVE should now overcome the marked course level. The RSI also has room for further gains, although the overall downtrend is still intact.
3. yPredict(YPRED)
In recent months, the spread of artificial intelligence (AI) has also become increasingly important in the field of crypto trading. Applying AI tools like breakout signals or automated data analysis can be an effective support for traders. Due to this development, a platform offering such AI tools could generate increasing demand. Investors are looking for innovative solutions that will help them make informed decisions and navigate the crypto market efficiently. A platform equipped with AI technologies could thus offer sustainable added value and experience increasing acceptance.
With the current dynamics, the polygon-based could YPRED tokens, which is at the heart of such a platform called yPredict, will reach the new presale phase as early as next week. Because only around $ 400,000 are missing. Since there are still 33% book profits in the current pre-sale phase, a timely analysis could be worthwhile if investors believe in an AI-based change in active crypto trading.
4. Uniswap (UNI)
Another top performer over the past 24 hours is UNI, the native token of leading Ethereum DEX Uniswap. This brings the market cap to around $4 billion, fully diluted to $5.3 billion. Technically, there could be a chance for a trend reversal at UNI. The long-term distinctive, multiple resistance level is currently being tested. If the breakout succeeds, Uniswap could recover in the medium term.
This adds Uniswap to the list of top performers in the last 24 hours. The increasing relevance of DeFi tokens is striking – it is quite possible that, after progressive regulation against CEX and spectacular collapses of some crypto companies, the medium-term narrative will develop here to increasingly rely on decentralized projects. After all, this trend has been intact since FTX at the latest.
5. Launchpad XYZ (LPX)
The lack of accessibility of the Web3, especially for less tech-savvy users, has led to slow adoption of cryptocurrencies. A crypto project that effectively solves this problem and offers a user-friendly interface has the potential to generate sustainable increases in value. By creating an intuitive and simple interface that allows even inexperienced users to seamlessly access Web3 applications, such a project can overcome the obstacles to the widespread adoption of cryptocurrencies.
It is precisely this claim that we are pursuing Launch pad XYZ a new crypto project aiming to accelerate Web3 adoption. To this end, the startup is establishing an all-in-one platform on which users can get everything Web3 has to offer, from Web3 wallets to DEX and NFTs to metaverse experiences. With over $1 million in presale, the startup with the native LPX token has already managed to generate noticeable interest in the community.
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