Steemit Crypto Academy Contest / S15W1 [SUMMARY]: 3 Cryptocurrencies For New Investors To Buy For Easy 50x Gains In 2024
✅ ➊Hello dear Steemiens,
I hope each of you is doing well and that your first week in 2024 has been rewarding. Our main objective today is to present to you a detailed summary of the crypto currencies market and what's gonna happen in2024 there are three coins to focus on if you want to invest in crypto
- ✅Next✅
- ✅(XAI)✅
- ✅MNT✅
✅Connext Network (NEXT): Pioneering Cross-Chain Token Distribution:
Connext Network (NEXT) recently achieved a significant milestone by hosting the world's first natively cross-chain token distribution in collaboration with Tokensoft. Around a million people signed up to get in on the action, signaling a strong push for tech that lets tokens move freely between chains. Connext Network (NEXT), founded in 2017, is recognized as a leading cross-chain messaging protocol, often referred to as "The HTTP of Web3." It uses the ERC-7281 (xERC20) standard, enabling seamless token transfers across blockchains.The price range for Connext Network (NEXT) is currently between $0.257 and $0.473. The 10-Day Moving Average stands at $0.310, while the 100-Day Moving Average is at $0.269. The support level is noted at $0.113, with resistance levels at $0.545 and $0.761.
With its innovative leap in connecting tokens across chains and a recent hit event, Connext Network (NEXT) shows signs of a promising future. Yet, it's the market's embrace of these tech strides and how quickly people jump on board that will really steer where its value heads next. Sure, Connext Network (NEXT) has a shot at major growth, but it's also up against the rough seas of market swings and a bunch of other cross-chain players jostling for the lead.
✅Mantle (MNT): Advancing Cross-Chain Security And Interoperability;
Mantle (MNT) is making strides in the blockchain space with the integration of Lagrange State Committees (LSC) for its network. With this update, Mantle (MNT) steps up its game, making transfers and chats between chains safer and snappier, really nailing it as a dependable hub where different blockchain networks play nice together. By weaving in LSC, Mantle (MNT) not only polishes the developer's toolkit but also widens the gateway for ecosystem expansion.
Mantle (MNT) is currently oscillating between $0.649 and $0.722, with support levels at $0.547 and $0.620 and resistance levels at $0.766 and $0.838. The 10-Day Moving Average for MNT is $0.622, and the 100-Day Moving Average is at $0.698, reflecting a stable upward trend in its price.Mantle (MNT) horizon looks promising as Layered Security Chains up its charm, drawing in both coders and everyday folks. By prioritizing secure and seamless cross-chain interactions, Mantle (MNT) might just unlock a surge in user adoption and see its market value climb. But Mantle (MNT) has its work cut out, trying to stay ahead in the tech game while duking it out with other heavy hitters in the blockchain arena.
The price range of Xai (XAI) currently fluctuates between $0.639 and $1.103. The token's 10-Day Moving Average stands at $0.727, while the 100-Day Moving Average is at $0.790. Xai (XAI) has established support levels at $0.011 and $0.474, with resistance levels at $1.401 and $1.865.
✅Xai (XAI): Empowering Gamers With A Decentralized Network:
Xai (XAI) is a cryptocurrency project designed for gamers, based on the Arbitrum Layer-2 platform. It aims to enable fast and efficient in-game item trading and exchange. Xai (XAI) open and decentralized network allows for community participation in governance, highlighting its potential in the gaming industry.
The price range of Xai (XAI) currently fluctuates between $0.639 and $1.103. The token's 10-Day Moving Average stands at $0.727, while the 100-Day Moving Average is at $0.790. Xai (XAI) has established support levels at $0.011 and $0.474, with resistance levels at $1.401 and $1.865.
Xai (XAI) holds promise, especially in the gaming sector, with its focus on enabling open trade and real economies in video games. The project's success will depend on its adoption among gamers and the development of attractive features and services. However, Xai (XAI) faces challenges such as market volatility and the need to differentiate itself in a crowded cryptocurrency market.
