The cryptocurrency market is currently experiencing a decline, with the price of Bitcoin falling below $40,000 for the first time since early December, mainly due to the approval of spot Bitcoin ETFs leading to a major sell-off. Analysts expect further losses before any rebound, noting that diminishing profits for short-term holders often signal more selling. Macroeconomic headwinds are expected to affect the market at least through March, with BitMEX founder Arthur Hayes predicting a low point for Bitcoin after March 12, followed by a potential rebound before the meeting from the Federal Reserve on March 20.
Amid this massive market sell-off, some cryptocurrencies remain resilient, remaining in the green despite broader market challenges. We have compiled a list of cryptocurrencies that are likely to generate positive returns even during these difficult times.
ScapesMania: a new contender in the crypto arena
In February, the conclusion of the pre-sale of ScapesMania is anticipated. After this step, the token should be listed on popular exchanges. After ScapesMania is listed on exchanges, the project will continue to evolve, and the token has significant potential for a remarkable rise.
The team, with several years of expertise, has developed a solid post-registration marketing strategy. Features such as redemption, destruction, and staking, along with other holder benefits, enhance the token’s appeal. Additionally, the utility of the token is impressive, distinguishing it from simple ephemeral phenomena. Those who want to take advantage of ScapesMania’s growth potential must act quickly. Visit the project website for more information.
For many cryptocurrency enthusiasts, ScapesMania has already become one of the top choices for 2024 and beyond. This newcomer has already raised more than $4,800,000 from the general public alone.
Currently in the pre-sale phase, ScapesMania offers everyone the opportunity to take advantage of early investors by acquiring tokens at an impressive 20% discount. Once the presale ends, the price of the last phase of sale will be higher than the current value of the coin.
The distinctive value of ScapesMania
Looking at the tokenomics and characteristics of ScapesMania, it could stand out as a potentially exceptional option among altcoins to hold. The new gaming-related core idea, impressive presale numbers, significant social media buzz, and other positive aspects can potentially add value to the token in the long term.
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Pyth Network (PYTH): Decentralization of governance and increase in value
Pyth Network (PYTH) recently decentralized its governance by distributing tokens to 90,000 wallets, causing the token value to increase by 15%. Operating as a decentralized oracle, Pyth sources financial data from 90 publishers, broadcasting it across 40 blockchains. The expansion to its own channel, Pythnet, marked a significant move toward autonomy. The PYTH token saw a 49.82% increase in trading volume ($133,054,051) and a 16.10% growth in market cap, reaching $0.398. Currently the fourth largest in the oracle industry, Pyth Network has a Total Value Secured (TVS) of $2.046 billion. Challenges include maintaining momentum and expanding its user base in a competitive market, defining its future trajectory.
Manta Network (MANTA): A newcomer attracting market interest
Manta Network (MANTA) gained attention with the launch of its token in September 2023 and its debut on the mainnet, showcasing features such as fast transactions, low fees, and a modular dApp architecture. The mainnet, Manta Pacific, functions as a ZK-equivalent application platform to the EVM, ensuring scalability and security. Integration with Celestia DA and Polygon zkEVM strengthens its capabilities.
Despite volatile price fluctuations (currently $2.43, varying between $2.05 and $2.77), factors such as listing on BNB and a token distribution have contributed to MANTA’s market performance. The limited supply of 1 billion tokens started at $2.3212. Manta Network’s resilience in the face of challenges, integration with the launch of BNB and an increasing Total Value Locked (TVL) exceeding $440 million highlight its potential. Future success depends on sustained growth and expansion of its user base.
Amid a widespread sell-off in the cryptocurrency market, with the price of Bitcoin dropping below $40,000 due to factors including the approval of Bitcoin ETFs and macroeconomic headwinds, some cryptocurrencies have notably defied the trend . ScapesMania, still in the pre-sale phase, has generated significant interest with its gaming concept and attractive pre-sale offers.
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