The Algorand proof-of-stake [PoS] blockchain platform recently launched its Algorand Virtual Machine, which quickly draws new money into the ecosystem. Let’s analyze the ALGOUSDT chart following a top-down approach, starting from the daily time frame, and wrapping it up on the 4HR time frame. Algorand (ALGO) Daily Chart Analysis A bullish campaign started on the The post ALGO Price Analysis: Bulls Gearing Up...
The Algorand Foundation today announced its new DeFi program Viridis along with a 150 million Algo (worth $300 million USD). The new fund will help to boost DeFi innovation on the Algorand platform. The fund will go towards the development of money markets, options markets, and decentralized exchanges (DEX) on the Algorand platform. They will The post Algorand Foundation Launches $300 Million Fund...
RAY is up over 30% the last week Price has formed an ascending channel RAY is being held up by the 40 MA SOL Gang is On Rise Raydium (RAY) is a new token that was launched in early 2021. Raydium (RAY) just underwent a Binance listing in mid August which has caused a healthy The post Raydium (RAY) Price Analysis: Solana Based...
MANA price has risen over 15% the last week MANA Price has been held up by the 100MA MANA has formed an ascending channel MANA Eyeing $1? Decentraland (MANA) has been underperforming the market over the last month. Although prices have successfully risen nearly 100%, ETH has been outperforming MANA since the bottom hit on The post MANA Price Analysis: Decentraland (MANA) Awaits...
AVAX price has fallen over -30% the last week AVAX Price has formed a falling wedge pattern 100MA continues to act as support Avalanche (AVAX) had an amazing run the last few weeks as prices surged over 200%. This price movement put AVAX price at a new high for the first time in many months. The post AVAX Forms Falling Wedge Pattern, Is...
Grayscale, the world's largest crypto asset manager is expanding its crypto product offering with its new Defi Fund, the first of its kind from the firm. The crypto asset manager is well known for offering Bitcoin and other altcoins investment funds, but this would mark their first entry in the highly popular defi ecosystem. The The post Breaking: Grayscale Launches its First Defi...
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