After Solana and Avalanche Bearish Market, Will ScapesMania Change Trends?

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The cryptocurrency market is currently in a downturn with major tokens such as Solana (SOL) and Avalanche (AVAX) experiencing significant declines. This trend is partly due to institutional sell-offs associated with new exchange-traded funds (ETFs), which have negatively impacted Bitcoin (BTC) prices and led to declines of over 20% in some tokens in the past week. The broader market also fell 4%, as the CoinDesk 20 index shows. Analysts at Bitfinex observed significant losses for short-term Bitcoin investors, potentially pointing to further market declines. From a cautious perspective, some traders are expecting Bitcoin to potentially fall to around $38,000.

Unlike established tokens, newer digital currencies are not yet on a downward trend. In this text, we will offer holders of Solana (SOL) and Avalanche (AVAX) a nice alternative in the form of a cryptocurrency that does not suffer from the same market trend. Instead, it’s poised to potentially grow even further following its fast-approaching listing.

ScapesMania: A Newcomer to the Crypto Scene

ScapesMania’s pre-sale is almost over and fundraising is expected to be completed in February. Following this, the project will debut on exchange platforms, a potential launch pad for the token’s journey to the moon.

Once listed, supported by skilled marketing efforts, ScapesMania continues to expand. The project offers its owners exciting opportunities such as buyback, burn and staking. Early buyers also +102%‘bonus up to also has the chance to get it.

Moreover, the token’s utility is built for longevity.

Don’t miss your chance – get your tokens now at a discounted price. As the pre-sale draws to a close, you need to act fast!

Project Highlights

ScapesMania has emerged as a one-of-a-kind gaming ecosystem that appeals to two different audiences. It delivers an immersive experience to casual gamers while empowering crypto enthusiasts to reap the rewards of the project’s performance and actively shape its future.

For many crypto enthusiasts, ScapesMania has already become one of the best new projects for 2024 and beyond. The excitement of the community has led to the fact that the project has only been supported by mass/retail contributions to date. $4,800,000+ It can be understood from the fact that it was collected successfully.

Pre-Sale Opportunities

If you’re looking for more predictable growth, take a closer look at ScapesMania’s offering. Pre-sale gives buyers a big with 20% discount It offers the chance to benefit from its early advantage by purchasing tokens.

Remember that the discount won’t last forever – time is running out and anyone who wants to take advantage of this offer needs to act quickly. Also, while it’s still breaking news, there’s still time to follow the crypto whales with deposits of $20,000 and above – they recently made significant moves by purchasing significant amounts of ScapesMania.

>>> Presale Closes: One Last Chance to Get Discounted Tokens <<<

Growth Potential

A closer look at ScapesMania’s tokenomics and other characteristics provides insight into why it may be one of the best altcoins to hold right now.

Ecosystem, by 2027 to $521.60 billion It operates within the 376 billion dollar developing gaming industry that is only expected to grow by reaching .

Innovative main idea, impressive pre-sales figures, $100,000 giftendless social media excitement, and other positive aspects suggest that ScapesMania can continue its winning journey.

Pre-Sale Countdown: Limited Time Left

The listing date is almost here, so don’t get left behind. Seize the opportunity to be a part of the ScapesMania launch and potentially benefit from it. Hurry to get your coins at a discounted price – time is of the essence!

Earn higher profits by winning a huge 10% bonus at ScapesMania! in a special text box at checkout for an even better deal on a cryptocurrency that could make you the envy of the entire crypto community. KKK238 use code. Act quickly – the offer is valid for a limited time only.

Solana (SOL): There is a Steep Fall

Solana (SOL) is going through a rough patch in the market right now. The coin has experienced a significant decline, outpacing the decline of its peers. This decline follows a period of intense bullish volatility that previously propelled Solana (SOL) to impressive heights. The last 24-hour decline was recorded at 1%, bringing the price to around $84. This decline is not an isolated event, but is part of a broader trend in which weekly losses exceed 13%.

Solana (SOL) price range is currently fluctuating between $64.84 and $132.36. The 10-day moving average is at $91.81, while the 100-day moving average is at $68.99. The coin formed support at $27.97 and resistance at $163.01. Despite these figures, the recent downward trend has raised concerns about the sustainability of Solana’s growth.

Looking ahead, Solana (SOL) faces both potential growth catalysts and challenges. The broader market trend, specifically Bitcoin’s performance, will significantly impact Solana’s trajectory. Positive developments, such as the anticipated Solana Mobile upgrade, could attract new users and change the narrative for Solana (SOL) in the medium to long term. However, the current bearish trend and market skepticism pose significant obstacles to Solana’s (SOL) recovery and growth.

Avalanche (AVAX): Facing a Downtrend

Avalanche (AVAX) has also been under pressure, losing 37% in value last month. This decline is attributed to a decrease in user activity on the Avalanche C-Chain network, a critical component for decentralized applications (dApps). The decline in demand and user engagement has led to a significant drop in network transactions and fees.

Avalanche (AVAX) current price range is between $28.33 and $31.76. The 10-day moving average is $29.70 and the 100-day moving average is $29.10. Support levels are set at $22.63 and $26.06, while resistance levels are $32.92 and $36.35. These figures reflect the latest challenges faced by the Avalanche (AVAX) token.

The future of Avalanche (AVAX) depends on reigniting user activity and demand on its network. The decline in decentralized finance (DeFi) benchmarks and trading volumes on the network’s decentralized exchanges (DEXs) are concerning. For a positive return, Avalanche (AVAX) needs to increase its user base and improve its network utility. However, current market conditions and declining user engagement pose significant challenges to Avalanche’s (AVAX) recovery and growth prospects.

Conclusion

The cryptocurrency market is currently going through a challenging phase where established tokens such as Solana (SOL) and Avalanche (AVAX) are facing significant declines. This trend is influenced by factors such as institutional sales and general market sentiment that affect Bitcoin (BTC) prices. In contrast, ScapesMania, a newcomer to the crypto scene, presents a more optimistic picture. It is currently in the pre-sale phase, offering potential early bird benefits and generating significant interest among crypto enthusiasts and whales alike. Right now, it looks like the best project to turn to if you’re holding the underperforming Solana (SOL) and Avalanche (AVAX).

Site: https://scapesmania.io/
Twitter: https://twitter.com/ScapesMania
Telegram: https://t.me/scapesmania

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