Discover The Top Altcoins Redefining The Cryptocurrency Landscape

8 views 7:38 am 0 Comments December 19, 2023

Bitcoin may have momentarily paused to catch its breath after reaching an impressive $45,000 earlier this week. But the total market cap doesn’t show any signs of slowing down, having surged past the $1.6 trillion mark. The real stars now are altcoins, with investors flocking to them in a frenzy of optimism in the exciting lead-up to a monumental January. NEAR Protocol (NEAR) and Optimism (OP), with their impressive 44% and 102% year-to-date value increases, are at the forefront of this altcoin rush.

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And this is where it gets even more interesting: the move-to-earn (M2E) market is rapidly gaining traction, with its market cap not only bouncing back into the green zone after weeks in the red, but also achieving a notable increase of around 5%, now exceeding $586 million. A standout contributor to this uptrend is Step App (FITFI) – a robust project that has seen a phenomenal spike of more than 90% in the past month. Its spotless reputation and enticing returns are drawing investors like a magnet, reviving their interest in the sector energetically rebounding from its 2022 downturn.

Step App (FITFI): Revamp Your Workout with Appealing Rewards

If you’ve ever thought about pocketing $5 to $50 for each jog, Step App might be just what you’re looking for. Since 2022, the project has been financially rewarding its health-focused users, firmly securing its leading position in the move-to-earn market. Being the first application where FitFi meets smart AI workouts, Step proves to have a stable economy and impressive ROI as shown by its resilience throughout 2023 and an ever-growing user base. Even if you’re new to Web3, managing earnings in the app is easy, which contributes significantly to the overall adoption of the M2E model. Notably, Step’s esteemed market reputation is further boosted by rave reviews from sports superstars like Usain Bolt.  

Turn Each Step into Real Money – Try Step App Today!

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As 2024 rolls in, Step App jubilantly marks its first anniversary with the vibrant launch of Step 2.0 – a major rebranding that injects innovation and simplicity to its expanding ecosystem through a fresh and more inclusive visual identity. In celebration of this exhilarating milestone, they’re hosting a not-to-be-missed $10,000 giveaway in FITFI! Along with KCAL, earned from jogs to spruce up your workout gear, FITFI forms the backbone of the Step experience and opens up exclusive app features. Both assets hold promise for future growth and, with the FITFI public vesting ending on January 26, now is an ideal time to snag some tokens before their value takes off. To dive into the giveaway fun, follow Step’s socials, download the app, start the trial, and leave a review in a preferred app store. Inviting at least three friends to join Step App is another key term, entering you into a special bonus raffle for a chance to win one of three annual subscriptions designed to bump up rewards and customize in-app adventure.

The Giveaway Is Already Live – Take Your Chance!

Step App (FITFI) is energetically zigzagging between $0.003907 and $0.012732. The vibe in the market is electric, mirrored in the upward trends of the Simple Moving Averages (SMAs): the 10-day SMA has surged to $0.008005 and the 100-day SMA is riding high at $0.004666. This bullish trend is sparking excitement among investors, a sentiment that’s ramped up with the Fear & Greed Index hitting an impressive 74. What’s more, the trading volume of FITFI is a standout, dwarfing its market cap by 2 times – a clear signal of skyrocketing investor interest. FITFI is currently trading near its cycle high, flaunting high liquidity compared to its market cap, which spells out both stability and seamless trading. With eyes on the calendar for January 26, when the token’s public vesting ends, there’s eager anticipation about how this will shake up the market. All these factors are aligning perfectly, propelling Step App (FITFI) towards an ambitious next target of $0.018778. With these trends and palpable market excitement, FITFI is poised to leap to thrilling new heights in the crypto universe.

NEAR Protocol (NEAR): Inscription Integration Spurs Investor Interest

NEAR Protocol (NEAR) is catching everyone’s attention with a stunning 24% surge in value over the past week – from a modest $1.73 on November 28 to an impressive $2.55 on December 9. This follows the project’s latest feat of integrating inscriptions which turned it into a standout in the L1 blockchain arena. Adding to the buzz, the inclusion of NEAR Protocol (NEAR) in Binance Japan’s expanded token listing in mid-November has further fueled its growing appeal and investor interest.

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On the technical front, NEAR Protocol (NEAR) is navigating between $1.39 and $2.68. The SMAs are telling a promising story: the 10-day one at $2.16 and the 100-day one at $1.38 both point to a steady climb. Another key levels to watch are supports at $0.9 and $0.02 and a higher resistance at $3.56.

The future looks promising for NEAR Protocol (NEAR) – the inscription integration and the nod from Binance Japan, set the stage for further growth. However, investors should keep an eye on the token’s current overbought status and its 13% volatility as they both hint at possible near-term fluctuations and price corrections.

Optimism (OP): Kraken’s Tether Move Sparks DeFi Frenzy

Optimism (OP) is riding a wave of excitement following Kraken’s decision to allow Tether transactions via Optimism – aligning with a striking 24% leap in the OP price, this suggests a growing attraction to DeFi protocols on the Optimism network. The integration of USDT on Kraken, leveraging the cost-efficient technology of Optimism (OP), is not just a win for Tether users, but a major boost for the token’s market demand and visibility.

Technically, Optimism (OP) is making moves between $1.35 and $2.77. The steady trends of the 10-day and 100-day SMAs, at $1.85 and $1.47, respectively, paint a picture of stability. Watch out for possible shifts around the lower support levels of $1.02 and $0.39 and an upper resistance at $2.9.

The future for Optimism (OP) token is brimming with potential – thanks to strategic moves like the Kraken integration and its presence on platforms like Binance Japan signaling the asset’s growing role in the DeFi space. Yet, with signs of being overbought and only a moderate number of green days recently, OP might face some short-term headwinds.

Conclusion

Bitcoin’s recent climb to $45,000 and the market cap’s surge past $1.6 trillion encourage the crypto sector’s robust growth, with altcoins like NEAR Protocol (NEAR) and Optimism (OP) boasting impressive year-to-date increases. The innovative AI-powered model of Step App (FITFI), coupled with its innovative Step 2.0 launch, is revitalizing interest in the M2E market. All these developments, from the inscription integration by NEAR to the Kraken partnership with OP and dynamic market performance of FITFI, point towards a vibrant future for these assets. But potential challenges like overbought conditions and market volatility remind investors of the need for strategic and informed decision making.

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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