Join our Telegram channel for the latest breaking news coverage. While Bitcoin and alternative cryptocurrencies are experiencing price volatility, altcoins are experiencing a bull trend, showing significant growth. Meanwhile, other cryptocurrencies are also showing signs of being ready to surpass key resistance levels.
Many altcoins, such as Injective and Oasis Network, are experiencing a bull trend. According to the market data of these cryptocurrencies, some have already made gains in the same period, and higher gains may be on the horizon. It is clear that some of these coins will be the next cryptocurrencies that may explode.
Many investors will jump at the new opportunities in the current market. Analysts are highlighting the potential of upcoming projects, and one notable example is WienerAI. The project aims to combine artificial intelligence and crypto trading to create a powerful and user-friendly trading platform. Next, we will take a look at the project and its future updates.
Injective (INJ) is a leading DeFi token that has grown rapidly in recent months. In December last year, it was trading at around $19, but in the first quarter of 2024, the price surged, reaching an all-time high of $52 in March. Recently, Injective has also been in the spotlight as one of the top DeFi tokens.
Injective has been on an upward trajectory despite the overall market weakness. The coin value has risen by 9.64% in the past day and 18.16% in the past week. At the time of writing, INJ has a market cap of around $2.69 billion, showing resilience in a falling market. If buyers continue to control the trend and keep the price above $30, INJ price is likely to maintain strong upward momentum. Moreover, with a bullish breakout of the inverted head and shoulders pattern, this altcoin could reach $40, corresponding to the Fibonacci level of 61.80%.
The price of Gnosis (GNO) is on a clear upward trajectory, showing a continued bull run. The trend is driven by regular breakout events and increasing trading volumes. As the altcoin begins another bullish week, traders on the sidelines are expecting new all-time highs soon. The rise of the Gnosis coin has taken its market cap to over $900 million. As the GNO coin continues its bull run, it aims to reach a market cap of $1 billion this month. Currently, the altcoin is trading at $348.04, having jumped 8.34% last night, forming a bull trend.
WienerAI is a new cryptocurrency that combines artificial intelligence and dog memes. The dog-themed token, WAI, features an AI trading bot and fun dog-themed elements, including sausage meat references. Its presale has raised over $5.3 million.
Oasis Network’s native token, ROSE, is riding the momentum of a late 2023 recovery and is poised for significant growth in 2024. With the bullish trend increasing and technical indicators pointing to a possible breakout, ROSE is poised to be a leading performer this year.
ZetaChain is currently priced at $1.16. Although the coin has lost 13.05% in the past week, it has grown by 3.13% in the past 24 hours and 111.54% in the past year. Despite this growth, ZetaChain remains below its 200-day simple moving average, indicating a bearish trend. However, the cryptocurrency’s Fear and Greed Index is 74 (Greed), showing increased trading of the coin and optimism about an uptrend.
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