The crypto market is always changing, and three major altcoins in the Ethereum ecosystem — Ethereum (ETH), Shiba Inu (SHIB), and Near Protocol (NEAR) — are in the spotlight.
Three major altcoins in the Ethereum ecosystem are grabbing attention with their growth prospects. Here's a closer look at ETH, SHIB, and NEAR, along with an up-and-coming casual gaming presale.
Cryptocurrency is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger, which is usually a chain of blocks, controlled by a decentralized network. Blockchains are secured cryptographically, making it difficult to counterfeit cryptocurrency or to double-spend it.
Usually, decentralized control of each cryptocurrency is achieved by the use of distributed ledger technology, often a blockchain, wherein cryptocurrency transactions are verified and recorded by network nodes through cryptography without any central authority.
Top cryptocurrencies like Bitcoin and Ethereum use Proof-of-Work, while newer cryptocurrencies like Litecoin use Scrypt. Both Proof-of-Work and Scrypt are designed to be computationally intensive, making it difficult to mine cryptocurrency quickly.
As the crypto market continues to show signs of recovery, several altcoins are stepping into the spotlight with impressive growth and potential. Here are three coins to watch, along with an up-and-coming casual gaming presale.
1. Minotaurus ($MTAUR): Casual Gaming Presale on Fire
Kicking off our discussion is Minotaurus ($MTAUR), an emerging project in the booming casual gaming market. We recently covered it in one of our posts. Currently, during the presale, you can snag $MTAUR for just $0.00005956, a 70% price reduction from the listed $0.00020. At that favorable pricing, deposits made today could see a ~236% boost post-listing.
Tapping into the casual gaming market, Minotaurus ($MTAUR) offers a unique hybrid-casual game. Players navigate mazes, battle creatures, and unlock upgrades—all powered by $MTAUR. With hyper-casual games seeing a rising demand, this project is positioned in a promising domain.
As a holder, you get more than just access to the game. Minotaurus ($MTAur) features referral perks and vesting incentives. Plus, the project has been audited by SolidProof and Coinsult, ensuring a secure ecosystem. The community is rallying behind Minotaurus ($MTAUR), with thought leaders chiming in to support its potential for growth.
Don't miss out on the low presale price. As the gaming market expands, it's your chance to be part of it early. Grab your $MTAUR tokens before the price increases.
2. Ethereum (ETH): Gaining Speed and Momentum
Now that you're up to date on a newcomer, let's shift our focus to our picks within the Ethereum ecosystem. ETH, in particular, has been slowly gaining steam. Some are suggesting that it might soon reach the $3,000 price level. At the moment, its price is fluctuating between $2,531.66 and $2,687.11.
Over the past week, the Ethereum price has seen a 16.4% increase. This shows that the market is interested in the coin.
The lowest ETH price level, or support, is $2,002.6, while the highest, or resistance, is at $3,132.5. The RSI, which indicates whether a coin is being over-bought or over-sold, currently stands at 60.8. This suggests that the ETH USD pair is approaching the over-bought zone, which might leave some holders cautious, but many still feel positive.
ETH's 10-day moving average is $2,462.7, indicating short-term growth. The 100-day average, on the other hand, is $2,906.7, showing confidence in its future prospects.
If the Ethereum price USD continues its uptrend, breaking past the $3,000 level seems feasible. However, it needs to cross the $3,132.5 mark. Failure to do so could result in a slight dip back down to the $2,000 price level.
As holders keep an eye on the ETH to USD rates, Ethereum's future looks promising. However, there could still be minor price drops in the short term. Keep an eye on these price points, but overall, things are looking positive for ETH if the market cooperates.
3. Shiba Inu (SHIB): The Popular Meme Coin with Potential
Our next pick within the Ethereum ecosystem is the Shiba Inu coin. According to the latest Shiba Inu news, the SHIB coin continues to be one of the most talked-about meme coins and has been slowly rising in popularity.
Currently, the SHIB price is fluctuating between $0.0000142 and $0.
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