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PancakeSwap Shows Consolidation; What Does Future Hold for CAKE?


CAKE token is more of an exchange token also used for governance purposes. The ranking of #76 position is merely based on its in-circulation supply of CAKE tokens, which is 19% of its total supply. PancakeSwap has a total value locked (TVL) of $3,088,813,752, but the market cap is limited to just...

Filecoin Takes Support at 100 MA; Will FIL Target a Strong Bull Run?


The recently posed outstanding rallies of double digits in July end have left a majority of crypto enthusiasts in dismay. News says Filecoin Foundation has partnered with the Harvard University Library Innovation Lab (LIL). The LIL of Harvard University will be researching the possibilities...

Polygon Fails to Sustain $1 Price; Can MATIC Attract New Buyers?


MATIC’s name change has merely affected the name of the blockchain, but the actual token name remains MATIC. Polygon utilizes the scaling, infrastructure, and validation process of the Ethereum blockchain to develop a multiple-chain system, enabling developers to enjoy a full-fledged framework...

VeChain (VET) Needs a Significant Breakout to Breach the $0.0288 Mark!


The core application of the VeChain token and its parent blockchain, VeChain Thor, has been towards the supply chain industry. This industry hasn’t witnessed any substantial transformation over the years, and VeChain has partnered with leading product development companies to ease their supply...

Ethereum Faces Resistance at the 100 Ema: ETH Consolidation Awaits!


Ethereum is not just a blockchain or cryptocurrency but an essential aspect of cryptography that showcases transformation and evolution along the way of its growth. Understanding the changing dynamics, ETH has even prepared the layout to transition towards Proof of Stake to address the energy...

Chiliz Takes Support From Its 100 EMA: Will CHZ Uptrend Sustain?


Chiliz was developed as a currency to support and control socially enabled platforms. Blockchain-enabled cryptocurrency Chiliz has enabled gaming clubs and organizations to monetize their fan’s suggestions and opinions on specific aspects, creating value for themselves. Using Chiliz...

Avalanche Shows Bullishness; Can AVAX Move Out of Consolidation?


Avalanche is a relatively new blockchain with limited liquidity available in the markets, and this small availability makes it easier for buyers to manipulate the price trend. Of its total market capitalization of $6,726,270,126, only 39% of its 720 million tokens are available for trades. Of this...

Bitcoin Faces Resistance From 100 DMA; All Investors’ Eyes Are on BTC!


The changing economic conditions and control over the traditional currency system create the perfect growth sentiment for BTC’s acceptance. Bitcoin is the crypto king without a conflict; this statement explains the drive towards BTC as it hits new dips during a bear market. Enthusiasts expect...

Ethereum Attempts to Breach the 100 EMA; Can ETH Succeed?


Ethereum has now become profit and gains. Despite the ups and downs, the ETH price has returned to its previous peaks. This time it has gained tremendous price action from its June 2022 dip value of $883. The market capitalization of ETH has reached $204,925,177,350 and showcases a strong potential...

Zcash Trades Around Its Long-term Support; Is It an End for ZEC?


Zcash was one of the most promising and rising stars of 2021, but all of a sudden, everything turned sour as this blockchain now violates several regulatory laws, which don’t allow room for private transactions. Despite offering transaction data for audits and regulatory actions, Zcash doesn’t...

Will MIOTA Record Positive Breakout Despite Consolidation?


IOTA is a distributed ledger, relatable to Ripple, distinguishing itself from a blockchain. The in-house token for this ledger is called MIOTA. The way IOTA presents itself is not in the role of an altcoin but as an extension of the current blockchain technology. It works on the similar ethos...

BNB Inches Closer to Its 100 EMA; Is $331 a Next Target?


BNB token is the key to the entire BNB network that now operates on its self-developed Binance Smart Chain to accommodate faster cryptocurrency transactions and improve the efficiency of its trading platforms. Despite its huge declining market cap, BNB holds the #5 rank with a value surpassing...

Filecoin Lacks Investors’ Trust; Will FIL Price Soar Again?


Filecoin addresses a problem that could emerge in the future since cloud storage is a free service from most online technology companies, be it Adobe, Google, Facebook, Gmail, YouTube, or other tech firms. The storage of data in these firms is centralized, which can be accessed by these firms...

BitTorrent (BTT) Fails Badly to Cross Immediate Resistance!


Unlike the high flowing ERC-20 token that signifies Ethereum’s fungible token creation service, the BitTorrent platform created its cryptocurrency named BTT as a TRC-20 token. BitTorrent Foundation was acquired by the TRON foundation in 2018, after which the BTT was created and launched to...

Ethereum Classic (ETC) Price Rises Remarkably; Is It Any Trap?


Ethereum Classic has turned into a rocket after its sudden spike and strength in holding the resistance zones. The subsequent gains made in July so far were defended in three instances, showcasing a strong belief of buyers in ETC’s price trajectory, changing the expectations from consolidation...

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