Table of Contents

• BlastUP Presale Exceeds $1 Million: Anticipating the Next Big Thing in Crypto
• FLOKI Token Burn Fuels Price Rise, but Overbuying Indicators Urge Caution
• Shiba Inu Token: Bullish Trend, Possible Pullbacks, and Future Progress
• Conclusion

The post Will Floki Inu and Shiba Inu Continue Their Rise or New Crypto on Blast Set to Outperform It appeared first on Coinpedia Fintech News
A market analyst projects that Ethereum’s price could soar to $10,000. Meanwhile, rising crypto stars Floki Inu and Shiba Inu also continue their upward trajectory. The spotlight now shifts to BlastUP. Could it be the next crypto to outperform these strong contenders? High stakes and sudden shifts make this a fascinating space to watch.

BlastUP Presale Exceeds $1 Million: Anticipating the Next Big Thing in Crypto
BlastUP, the premier launchpad on Blast, has recently made a splash in the crypto world with its head-spinning outset, raising over $1 million in a few weeks. This project is creating a buzz and attracting the growing number of early investors who have already recognized BlastUP’s high potential.
BlastUP is poised to reach roaring success, with plans to empower Web3 tools with AI innovation for fast and quality startup launches. It offers a comprehensive suite of tools and a rich rewards system for all those coming on board.
Currently, BlastUP is running its fourth presale stage, offering BlastUP tokens at the lowest price. Buying these tokens now at $0.05, you get a hefty discount of $0.05, as the listing price is set at $0.1.
>> Be Among the FIRST! Get the Exclusive Perks From BlastUP Presale <<

Holders of BlastUP tokens may benefit from a number of privileges including allocations for token sales, exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.
Following a simple mission to help blockchain startups grow faster and earn more, BlastUP is on its way to becoming a dominant force. The team of dedicated crypto enthusiasts behind the project are deeply committed to their vision and have ambitious plans to become a one-of-a-kind launchpad for easy and efficient blast off in the crypto space.
The comprehensive roadmap of BlastUP extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace.

FLOKI Token Burn Fuels Price Rise, but Overbuying Indicators Urge Caution

With the recent token burn, there’s potential for FLOKI’s price to continue its upward trajectory. Near term, it could likely break past the nearest resistance level at $0.0000685 and test the second resistance at $0.0000833. The MACD and simple moving averages also indicate a favorable climate for buying, fuelling optimism for future performance.

On the flip side, while the overall picture seems promising, a few indicators call for some caution. The RSI currently recommends a sell action, suggesting that the digital coin might be overbought. In the event of a downturn, the asset could come back to its nearest support level at $0.0000328, or even touch the second support level at $0.0000119. Hence, careful monitoring is crucial.

Shiba Inu Token: Bullish Trend, Possible Pullbacks, and Future Progress

The Shiba Inu token’s current price stands at $0.0000351, showing significant bullish momentum. The imminent big update could be a catalyst for surpassing the next resistance at $0.000018 in the short term. Current market indicators support this as both the SMA 10-days and SMA 100-days recommend buying, along with the MACD. Nevertheless, a well-balanced perspective should account for potential pullbacks.
Long term, the possibility of achieving higher resistance levels after the update still exist. However, contemplating the pressure points, market volatility may trigger a price drop towards the nearest support level of $0.0000093 or even the second support at $0.00000605. The RSI, leaning towards selling, hints at this. Persistence in hovering around the SMA 10-day price level of $0.00002808 might avert this scenario, providing a stable foundation for future progress.

Conclusion

While Floki Inu and Shiba Inu continue to attract investors’ attention, an innovative player, BlastUP, has set foot on the Blast Chain, showing massive potential. With a strong concept and credentials, BlastUP appears to outshine even established coins, largely thanks to its place within the robust ‘Blast’ ecosystem. As a one-of-a-kind launchpad for easy and efficient beginnings in the crypto sphere, the project has potentially high returns on the horizon.

Cathie Wood Forecasts ARK Invest’s Bitcoin Price Far Beyond $1M Mark

Key Points

ARK Invest CEO predicts Bitcoin (BTC) will reach $1 million sooner than 2030.
Increased institutional interest in BTC has prompted a reevaluation of price predictions.
Cathie Wood, CEO of asset management firm ARK Invest, has expressed her belief that Bitcoin will reach a value of $1 million before the year 2030.

Shifting Expectations

Wood’s comments came during an interview with the New Zealand Herald where she discussed the evolving landscape of Bitcoin.

She attributed the shift in expectations to the introduction of spot exchange-traded funds (ETFs) in the United States, which has significantly impacted Bitcoin’s growth trajectory.

The momentum behind these ETFs has been so substantial that even ARK Invest has had to reassess its bullish stance on Bitcoin.

Institutional Involvement

Wood highlighted that no major wirehouse, such as Morgan Stanley, Merryl Lynch or Bank of America, has yet joined the institutional push towards Bitcoin.

She also noted that no platform has approved Bitcoin yet, suggesting that the current price action has occurred without their involvement.

Taking this into account, Wood believes that the previous target of $1 million by 2030 now seems too conservative.

As Bitcoin approaches new all-time highs, market participants are adjusting their expectations.

Analysts anticipate that price discovery will continue in line with ETF inflows, which show no signs of slowing down.

James Van Straten, a research and data analyst at CryptoSlate, predicts a “wild week” for Bitcoin.
Institutional Involvement
Wood highlighted that no major wirehouse, such as Morgan Stanley, Merryl Lynch or Bank of America, has yet joined the institutional push towards Bitcoin.

She also noted that no platform has approved Bitcoin yet, suggesting that the current price action has occurred without their involvement.

Taking this into account, Wood believes that the previous target of $1 million by 2030 now seems too conservative.

As Bitcoin approaches new all-time highs, market participants are adjusting their expectations.

Analysts anticipate that price discovery will continue in line with ETF inflows, which show no signs of slowing down.

James Van Straten, a research and data analyst at CryptoSlate, predicts a “wild week” for Bitcoin.