Massive Outflows Hit US Spot Ethereum ETFs – TON, KAS, ADA, XRP, and CYBRO Expected to Lead Q4 2024 Altseason
Significant withdrawals are impacting the US Ethereum ETFs market, suggesting potential changes on the horizon. As Ethereum encounters this volatility, several altcoins are poised to take the spotlight in the final quarter of 2024. This article delves into which emerging cryptocurrencies might capitalize on these shifts and drive growth, capturing the interest of those looking to identify the next big players in the crypto space.
CYBRO Presale Surpasses $2.5 Million: A Unique NeoBank Investment Opportunity
CYBRO is drawing the attention of major crypto investors as its exclusive token presale rapidly exceeds $2.5 million. This innovative NeoBank provides investors with unmatched opportunities to optimize their returns in any market environment.
Analysts foresee a potential ROI of 1200%, with CYBRO tokens currently available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted notable crypto influencers and whales, signaling strong confidence and interest in its future.
Beyond tokens, CYBRO introduces special Points, offering even more opportunities for investors. Holders of these Points will automatically participate in the CYBRO Airdrop, where the more Points you hold, the more tokens you will receive. CYBRO distributes up to 1 million Points weekly, which can be earned by investing in DeFi Vaults within the CYBRO app.
CYBRO token holders will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a comprehensive insurance program within the platform.
With only 21% of the total tokens available for this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.
Toncoin: Examining Its Potential in the Crypto Space
Toncoin is the native cryptocurrency powering The Open Network, a decentralized blockchain. Initially inspired by Telegram, it’s now backed by the TON Foundation. Toncoin operates on a proof-of-stake model, making it scalable and”
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Crypto analyst Jackis has expressed concerns about the future of Kaspa (KAS) and Bitcoin (BTC), highlighting bearish trends in both assets. In a recent tweet, Jackis pointed out Kaspa’s underperformance in comparison to Bitcoin, emphasizing key technical patterns that suggest a potential price drop for both cryptocurrencies.
The analysis shared by Jackis indicates that while Bitcoin is expected to see a decline, Kaspa may face a more significant downturn.
Kaspa’s Downward Trend and Bearish Outlook
According to Jackis’ chart, Kaspa has been forming lower lows (LL) and lower highs (LH) since October 2023. This pattern, which appears as a descending channel, suggests that Kaspa has been on a consistent downward trajectory.
I honestly don’t know what all the fuzz is about with #KASPA
It has clearly been underperforming #Bitcoin this entire time since both October 23 & March 24 making LLs & LHs while #BTC was doing HLs & HHs
Jackis explained that the recent price increase in August, which he termed as a “complacency shoulder,” was likely a temporary spike rather than a sign of a sustained bullish reversal.
He cautioned that this upward movement could be part of a larger price manipulation aimed at attracting buyers before another drop. The chart shared by Jackis further illustrates KAS’s bearish outlook, with a downward arrow indicating that the token’s trend is unlikely to reverse in the near future.
With liquidity taken above the recent high, Jackis believes Kaspa is poised for another significant decline.
Bitcoin’s Relative Performance
While Bitcoin is also experiencing a bearish trend, Jackis noted that it has outperformed Kaspa. Bitcoin’s price has been forming higher lows (HL) and higher highs (HH), in contrast to Kaspa’s lower lows and highs.
This suggests that, despite the downward trend, Bitcoin has shown more resilience in its price movement. Jackis predicts that Bitcoin will also face a downturn, though the decline is expected to be less severe than Kaspa’s.
The chart shared by Jackis indicates that Bitcoin could be forming a descending broadening wedge, a pattern that often
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The YouTube video titled “Why Is Kaspa Dropping in the Top-50 Crypto: KAS Price Prediction,” posted by Crypto T, offers an in-depth analysis of Kaspa’s current market performance and future outlook.
According to Crypto T, Kaspa (KAS) is currently ranked 24th, having slipped a few spots within the top 50. Despite the overall market showing an upward trend, Kaspa has been moving sideways, which has caused some concern among investors.
However, the analyst reassures viewers that this sideways movement should not be interpreted as a sign of a major downturn.
Kaspa’s Potential for a Breakout
The speaker expresses optimism about a potential breakout for Kaspa in the near future. Historically, Kaspa has shown rapid growth following a breakout.
A previous example cited was a surge from $0.05 to $0.15 within two weeks. A similar scenario is anticipated, with the possibility of a significant price increase in the coming weeks.
Year-End Kaspa Price Predictions
Crypto T discusses several potential outcomes for Kaspa’s price by the end of the year. One scenario suggests that Kaspa could trade within the “red band zone,” indicating a price range between $0.60 and $1.
A prediction tool referenced in the video estimates that Kaspa could reach around $0.47 by year-end, with the potential for the price to exceed $1 in the best-case scenario.
The video highlights Kaspa’s strong fundamentals, including its high hash rate and upcoming improvements aimed at achieving 10 billion transactions per second by Q1 2025. These factors contribute to a positive outlook for the project.
Compared to other projects, Kaspa is holding up relatively well. While projects like Render and Bittensor have seen substantial short-term gains (over 30% and 80%, respectively), Kaspa remains close to its all-time highs.
The speaker describes Kaspa as “front-running” the market, meaning it has been outperforming other cryptocurrencies even during bearish conditions.
Why Is Kaspa Dropping in the Top 50? (What You Need to Know)
Long-Term Outlook
Overall, Crypto T maintains an optimistic view of Kaspa’s future, suggesting that its recent price action is typical and not a cause for concern. The consistent behavior of Kaspa in the market, combined with its solid fundamentals, reinforces confidence in the project.
In conclusion, the analyst advises viewers to remain calm regarding Kaspa’s current price movements, assuring them that the project is performing well and that the future looks promising.
October brings a wave of exciting possibilities in the cryptocurrency space. With market trends evolving, certain altcoins are emerging as potential high-gainers. Among them, Kaspa (KAS), Tron (TRX), and CYBRO are making headlines, each showing strong potential for significant growth. Let’s dive into why these tokens are attracting attention this month.
CYBRO is drawing the attention of major crypto investors as its exclusive token presale exceeds $2 million. This next-generation DeFi platform offers investors exceptional opportunities to maximize earnings in any market condition.
Analysts are forecasting a potential ROI of 1200%, with CYBRO tokens currently available at a presale price of just $0.03 each. The project’s advanced technology has already attracted prominent crypto figures, signaling strong confidence in its future.
Additionally, CYBRO has launched a referral program, offering 12% commissions from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are distributed weekly in USDT, and referees receive double CYBRO Points on their first deposit using a referral code.
In addition to its token offering, CYBRO has introduced a Points system that enhances investor incentives. Holders of these Points will automatically qualify for participation in the CYBRO Airdrop, with token distribution based on the number of Points held. The platform allocates up to 1 million Points weekly, which investors can accumulate through positions in CYBRO’s DeFi Vaults.
CYBRO token holders will benefit from lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a comprehensive insurance program within the platform.
With only 21% of the total tokens available for this presale and approximately 64 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.
Kaspa Coin: Fast Transactions in the Crypto Bull Run
Kaspa is gaining attention for its innovative blockchain approach. It utilizes a Proof-of-Work system with the GHOSTDAG protocol, allowing blocks to coexist and maintain”
Imagine turning a modest investment into a small fortune within just a year. This article explores five digital currencies that rival Kaspa (KAS) and have the potential to significantly increase in value.
Discover which cryptocurrencies could potentially transform $1,000 into $250,000 by November 2024, and get ready to explore the next big opportunities in the crypto world.
CYBRO Presale Reaches $2 Million Milestone: A Unique Investment Opportunity
CYBRO is gaining attention from crypto investors as its exclusive token presale surpasses $2 million. This innovative platform offers investors unique opportunities to maximize their earnings in various market conditions.
Experts forecast a potential ROI of 1200%, with CYBRO tokens currently available at a presale price of just $0.03 each. This advanced project has already attracted notable crypto investors and influencers, signaling strong confidence and interest. Additionally, CYBRO has introduced a referral program, offering 12% from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are distributed weekly in USDT, and referees earn double CYBRO Points on their first deposit using the referral code.
In addition to tokens, CYBRO offers exclusive Points, providing even more benefits for investors. These Points grant automatic entry into the CYBRO Airdrop, where the number of tokens you receive is proportional to the Points you hold. Up to 1 million Points are distributed weekly, earned by investing in CYBRO’s DeFi Vaults.
CYBRO token holders will benefit from lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a comprehensive insurance program within the platform.
With only 21% of the total tokens available during this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one of a kind.
Popular crypto YouTube channel “VoskCoin,” which has over 600k subscribers, shared a viral video this week. In the video, they discussed reasons why ALPH could potentially deliver KAS-like gains in the next bull cycle.
Kaspa (KAS) has been highly profitable for miners, offering impressive returns with the possibility of a 20x gain for early adopters. Now, ALPH is attracting attention due to its minable nature, much like KAS.
Kaspa, which utilizes BlockDAG technology, is currently the 27th largest cryptocurrency by market cap, valued at around $4 billion. Despite not being listed on major exchanges like Binance, Coinbase, or Kraken, KAS remains a significant player in the crypto space.
In contrast, ALPH Coin is ranked 280th by market cap, with a valuation of around $140 million. Though its market cap is smaller than KAS, ALPH has seen an 856% increase over the past year, outpacing Kaspa’s 352% gain. This remarkable growth suggests that ALPH could see further gains, possibly 10x or 20x.
Mining Profitability and Emissions
Kaspa’s mining rewards are gradually decreasing as emissions reduce over time. This will make the coin more difficult to mine, with a decline in mining profitability expected in the coming year.
ALPH’s daily emissions (new coins mined) are much lower, at approximately $80,000 per day, compared to Kaspa’s $1.25 million. If ALPH experiences growth similar to Kaspa, its daily emissions could increase significantly.
ALPH employs a mining method called “Proof of Less Work,” which aims to reduce energy consumption by burning ALPH tokens instead of ramping up computing power, thus limiting energy usage for large-scale miners.
Currently, ALPH mining is highly profitable, with top-tier miners earning up to $192 per day, potentially reaching $70,000 annually. Kaspa miners, such as those using the KS5 Pro, also remain profitable but will face declining rewards as emissions decrease.
Both ALPH and KAS are vying for a position as scalable, decentralized blockchain platforms. While ALPH is attempting to stand out with its innovative sharding and proof of less work, it remains to be seen whether it can replicate Kaspa’s success.
The video also highlights the risks associated with mining in the current market, noting that many miners may be overestimating future profits, especially as competition from large mining farms intensifies.
While ALPH could be well-positioned for the next market cycle, it’s unlikely to follow Kaspa’s exact path. ALPH’s success will largely depend on the overall market direction. If a new bull run occurs, ALPH could see significant value appreciation.
However, it’s important to consider the worst-case scenario: ALPH could face a situation similar to Kadena, where mining rigs were highly profitable for a brief period before collapsing, resulting in substantial losses for miners.
