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Top Altcoins Expected to Skyrocket Following the Ethereum ETF Approval

The approval of an Ethereum-based exchange-traded fund (ETF) marks a significant milestone in cryptocurrency investment. This green light could signal possible growth for a variety of alternative coins. With the 2024 bull run gaining momentum, investors are keenly observing which coins might follow Ethereum’s lead and surge in value. This article explores the contenders poised for impressive growth and why each stands out in the bustling crypto market.

Over $6 Million Raised: BlastUP Presale Ongoing, Promising Up To 1000% Potential ROI

BlastUP has recently garnered significant attention due to its strong potential to become a leading entity in the crypto industry. This innovative launchpad on Blast has already drawn over 15,000 active users.

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BlastUP helps crypto startups grow faster and earn more. As BlastUP progresses, it stays dedicated to establishing a global hub for the Blast community. BlastUP is swiftly gaining momentum, benefiting all participants within this ecosystem.

BlastUP’s roadmap stretches into 2026, promising the launch of AI-driven tools and the Community Marketplace, enhancing the ecosystem’s capabilities.

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NEAR Protocol Price Movement and Future Outlook

NEAR has seen a significant rise over the last six months, jumping 320.17%. In the past month, it grew by 9.54%, which is a positive sign. However, it witnessed a slight dip of 4.37% in the previous week. Currently, NEAR’s price is moving within a range of $6.71 to $8.68. The market indicators suggest that NEAR is neither in an impulsive nor corrective move currently. With a relatively stable moving average, NEAR may soon test the closest resistance level at $9.59. If it surpasses this, the next target could be $11.56. Key support levels to monitor are $5.65, and $3.68 if a downward trend emerges.

Blur (BLUR) Price Movement and Future Outlook

Blur’s current price is fluctuating between $0.33 and $0.38, experiencing recent downward pressure with a decline of 5.84% in the past month and 36.93% over the last six months. The closest obstruction level is $0.41, while the help level stands at $0.31.. Obscure’s cost moves recently appear to be restorative as markers like the RSI at 44.69 and a low Stochastic worth at 27.61 recommend the shortfall of solid purchaser energy. Despite a significant drop over the last week with a 10.40% increase, the coin’s Simple Moving Averages (10-days at $0.42 and 100-days at $0.40) hint that Blur might see a potential uptick if it can overcome the immediate resistance levels, aiming for the second resistance level at $0.46.

Sei Coin: Mild Turbulence in the Short Term as Long-Term Prospects Shine

SEI has seen a cost plunge as of late, with a 2.77% fall in the previous week and a more keen 20.38% drop over the course of the last month. Nonetheless, it stays well above where it was a half year prior, flaunting major areas of strength for an increase. Currently trading between $0.45 and $0.59, SEI faces its next hurdle at the $0.67 resistance level, with support holding at $0.37. The coin is in a corrective phase, as indicated by a low RSI of 30.51 and a Stochastic level of 14.68, suggesting it may be oversold. The MACD just below zero further confirms this corrective trend..

Toncoin’s Latest Price Trends and Predictions

Toncoin’s value has seen mixed signals recently. Currently, it’s sitting in a price range between $5.84 and $7.07, with a slight 10.90% decline over the last week. However, the month paints a brighter picture as it scored a 5.40% gain. The last six months have been impressive for Toncoin with a 161.35% jump. The nearest resistance and support levels stand at $7.88 and $5.42 respectively. Looking ahead, given the recent slip in price and technical indicators suggesting a potential for more drops, we might see Toncoin test its support levels before any significant recovery is observed. The market seems to be in a corrective move at the moment.

Conclusion

Altcoins like NEAR, BLUR, SEI, and TON might not see immediate gains, but in the long-term, they are expected to perform well. Among these, BlastUP stands out with the highest potential for growth. The strength of BlastUP lies in its innovative concept and seamless integration with the established Blast ecosystem.. This positions BlastUP for a strong performance, particularly in the bull run of 2024. Investors would do well to pay attention to BlastUP as it presents a promising opportunity in the evolving cryptocurrency space.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

 

 

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