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Including well-established coins such as Bitcoin, Ethereum (ETH) and Solana (SOL) cryptocurrency The market is currently experiencing a downturn, with the price of Bitcoin falling towards $40,000. This decline, due in part to outflows from Grayscale’s Bitcoin Trust into the spot Bitcoin ETF, is causing a widespread impact. Analysts predict further losses, especially with the US Treasury quarterly funding announcement in February. In light of this, investors may consider shifting their focus to newer and potentially more resilient cryptocurrencies.
It is unclear where Bitcoin and other coins will end up at the end of the year, but investors can consider other areas if they want to stay in the green. At this point, Solana (SOL) and all other top altcoins appear poised to follow Bitcoin on its potential bearish journey in February, so investors may want to look elsewhere.
ScapesMania: Newcomer to the Crypto Scene
Since it is a new project and it is not clear whether it will be successful or not, do not take any action without doing detailed research. However, according to his team, the pre-sale of ScapesMania is almost over and the pre-collection process is claimed to be completed in February. Following this, the project may have a chance to be listed on the stock exchanges for the first time, which may complete its rise, but it also carries the risk of failure and investment loss.
According to the sponsored content submitter, ScapesMania will allegedly continue to expand if it can get the chance to list then backed by skilled marketing efforts. The project offers exciting opportunities for owners such as buyback, burn and staking. Early buyers also Bonuses up to +102% It is said that there is a chance to have a chance to get it.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Project Highlights
According to the sponsored content submitter, ScapesMania wants to emerge 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.
According to the team, it is claimed that ScapesMania can already be a follow-on project for 2024 and beyond. To date, the project has only been supported by mass/retail contributions. 4,800,000+ It is claimed that the fact that it successfully raised over $100,000 shows the excitement of the community. The project is new and there is a possibility of failure.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Pre-Sale Opportunities
It is stated that the offer of sponsored content sender ScapesMania will be closely examined. Pre-sale, tokens to buyers With a huge discount of 20% It is reported that it offers the chance to benefit from the early bird advantage by purchasing it.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Growth Potential
It is said that ScapesMania’s tokenomics and other features may be examined more closely by detailed research now. The overall gaming ecosystem is only going to grow and by 2027 to $521.60 billion It operates within the developing gaming industry, which is expected to reach 376 billion dollars.
Cryptocurrency investments are high risk investments, do your detailed research before investing!
Pre-Sale Countdown
You can join ScapesMania and SPC878 You can unlock even greater earning potential with the code. Thanks to a huge bonus of 10%, you can earn more ScapesMania coins with the same budget. When purchasing tokens from the member area of the website, you need to enter a special area. SPC878 you can write. Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Solana (SOL) Faces Market Turbulence Amid Ecosystem Growth and Technical Failures
In recent developments, Solana (SOL), a leading blockchain platform, is experiencing significant market fluctuations. Despite its impressive growth over the past few months, Solana (SOL) has faced challenges in the NFT industry and a significant decline in its price.
The global cryptocurrency market has experienced a downturn, with major digital assets such as Bitcoin, Ethereum, and Solana (SOL) leading the decline. Solana (SOL), in particular, has experienced a setback, with its price falling 9% in the past month. And a 10% decline in the 7-day change indicates a significant shift in market dynamics.
The Solana (SOL) ecosystem has seen impressive growth over the past few months, finishing the year with a remarkable market cap of $43.8 billion, representing a staggering 423% quarter-over-quarter (QoQ) increase and an impressive 1,106% year-over-year (YoY) increase. reflected. However, the protocol has encountered problems in the NFT sector and a major decline in interest has been observed in the Solana (SOL) blue chip index; This shows that all is not well in Solana’s ecosystem.
Technical analysis shows that Solana (SOL) broke below the Fibonacci support area, breaking out of the ascending support trend line and short-term symmetrical triangle that has been around for about 100 days. Analysts have a predominantly negative view on the future trend of Solana (SOL), with forecasts suggesting that the Solana (SOL) price will make a long-term bottom, falling to $70. This bearish outlook is supported by the RSI indicator, which is bearish below 50.
In conclusion
Bitcoin marks a critical turning point for investors like Ethereum (ETH) and Solana (SOL). The market is in uncertainty as Bitcoin’s price has fallen towards $40,000 and analysts are predicting further losses, especially in light of the US Treasury’s quarterly funding announcement.
Solana (SOL) may not be prepared for these market pressures.
Site: https://scapesmania.io/
Twitter: https://twitter.com/ScapesMania
Telegram: https://t.me/scapesmania
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before investing!