Penny Cryptos That Whales Are Buying for the 2024 Bull Run

The crypto market is abuzz with activity as savvy investors seek out low-cost coins that could yield significant returns in the anticipated 2024 bull run. These inexpensive yet promising cryptocurrencies are currently on the radar of influential buyers looking to capitalize on future market surges. This article delves into the specific coins that are drawing attention from big-time investors, shedding light on potential investment opportunities that could soar when the market climbs.

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BlastUP Presale: A Beacon of Predictability in the Volatile Crypto Space

Presale tokens are immune to market’s wild swings with their price pinned to a certain level. Predictability is one of the key benefits of presale projects such as BlastUP.

BlastUP is the first launchpad on Blast, the only Layer 2 solution with native yield for ETH and stablecoins. In just a few weeks of its presale, this platform has raised over $6 million which speaks much for its wide recognition among savvy investors.

The presale of BlastUP tokens is underway, offering a decent chance to invest in a promising asset at a low price.

>> Don’t Miss Out! Buy BlastUP Tokens at the Best Price! <<

Those who buy BlastUP tokens at this stage gain exclusive access to an Airdrop distributing a portion of free tokens. Besides, they can get extra rewards through staking.

BlastUP is committed to fostering a robust community with the Blast ecosystem where everyone benefits from mutual growth. With ambitious plans to combine AI and Web3 tools, BlastUP aims to create a truly rewarding and safe environment for smooth DApps launches.

BlastUP is on the rise, fueling crypto startups with a community-first vibe and innovation at its heart. It is quickly becoming the go-to hub in the Blast ecosystem, with big plans through 2026.

>> Act Fast! Supply of BlastUP Tokens is Limited – Secure Your Spot NOW! <<

Polygon (MATIC) Price Movement and Future Outlook

Polygon’s price is between $0.64 and $0.72, with its price having gone up almost 6% in the last week. Over the last month, Polygon has seen a small drop of about 2%. In half a year, it has fallen by over 4%. The price is now below the 10-day average of $0.74 but close to the 100-day average of $0.72. It might test the next resistance at $0.76 or fall to the support level of $0.60. The price moves hint at a mix of ups and downs without a clear direction.

XRP Price Movement: A Brief Analysis

The price of XRP is currently hovering between $0.49 and $0.53. The nearby resistance level is at $0.55, suggesting that if the price goes up, it might face a hurdle there. Conversely, if the price drops, there’s support at $0.47, where it could possibly bounce back. Over the last week, XRP has seen a slight increase of 1.35% in its value, but looking at the last month and six months, there’s been a decline of 5.29% and 15.18%, respectively. At the moment, the price isn’t showing a strong upward or downward trend, as indicated by a neutral RSI close to 46.96 and a MACD Level near zero. The short-term and long-term averages sitting at the same level ($0.53) also suggest price stability for now. With these metrics, XRP’s price seems to be in a consolidation phase rather than making significant impulsive or corrective moves.

Ondo Coin Price Movement and Forecast

Ondo’s price has grown a lot in the past six months, by over 3000%. In the last week, it went up almost 14%, and this past month, it increased by about 22%. The price moves between $0.73 and $1.05 right now. It seems to be moving in a regular pattern, not too fast or slow. The coin might face trouble going above $1.20 and could fall to $0.57 if it goes down. If it goes down a lot, it could even reach $0.26. But if it does well, it could try to go up to $1.52. The price is usually around $0.97 to $0.94, based on recent averages. The RSI, which tells if something is bought too much or sold too much, is at 50.18, meaning it’s pretty balanced. The Stochastic and MACD hint that the coin might not change much in price soon.

Pyth Network Price Fluctuation Analysis

The price range for Pyth Network (PYTH) is between $0.35 and $0.44. PYTH faced a decrease of 2.62% over the past week. In the last month, its value dropped by 36.50%, suggesting a downward momentum, but it’s up by 14.59% over the past six months. The technical indicators show a simple moving average (SMA) of $0.44 over 10 days and $0.45 over 100 days. The Relative Strength Index (RSI) is at 35.73 and the Stochastic at 25.98, both hinting that the coin might be in the oversold territory, meaning more sellers than buyers recently. MACD Level is slightly negative at -0.01. PYTH is currently in a corrective phase, with the main challenge being to break the resistance at $0.50 and later, potentially aiming for $0.60. Support levels are at $0.32 and $0.22, which investors will watch if the price declines.

Conclusion

In examining the cryptos that big investors are moving into for the approaching bull run, a few smaller coins stand out. MATIC, XRP, ONDO, and PYTH may have attracted interest, but their short-term growth potential is not as pronounced. BlastUP, conversely, is showing signs of significant growth potential. The strength of BlastUP comes from its unique concept and its integration with the broader Blast ecosystem, positioning it as a leading contender among small cryptos for the 2024 bull market.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of CryptoNewsLand, nor is it intended to be used for legal, tax, investment, or financial advice.