Cryptocurrency Whales Are Accumulating These Cryptos Following the Ethereum ETF Approval

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With the approval of Ethereum ETFs, big players in the crypto space are making strategic moves. This article offers insights into the tokens they are collecting as the bull run of 2024 gains momentum. These activities signal potential shifts in the market, crucial for anyone looking to stay informed. Discover which cryptocurrencies are attracting the attention of major investors in preparation for this significant event.

BlastUP Presale: A Beacon of Predictability in the Volatile Crypto Space

Presale tokens are immune to market’s wild swings with their price pinned to a certain level. Predictability is one of the key benefits of presale projects such as BlastUP.

BlastUP is the first launchpad on Blast, the only Layer 2 solution with native yield for ETH and stablecoins. In just a few weeks of its presale, this platform has raised over $6 million which speaks much for its wide recognition among savvy investors.

The presale of BlastUP tokens is underway, offering a decent chance to invest in a promising asset at a low price.

>> Don’t Miss Out! Buy BlastUP Tokens at the Best Price! <<

Those who buy BlastUP tokens at this stage gain exclusive access to an Airdrop distributing a portion of free tokens. Besides, they can get extra rewards through staking.

BlastUP is committed to fostering a robust community with the Blast ecosystem where everyone benefits from mutual growth. With ambitious plans to combine AI and Web3 tools, BlastUP aims to create a truly rewarding and safe environment for smooth DApps launches.

BlastUP is on the rise, fueling crypto startups with a community-first vibe and innovation at its heart. It is quickly becoming the go-to hub in the Blast ecosystem, with big plans through 2026.

>> Act Fast! Supply of BlastUP Tokens is Limited – Secure Your Spot NOW! <<

Solana Price Nears Key Resistance, Bulls Eye $200

Solana is witnessing a strong rise in price. Over the past week, it went up by nearly 9%, and within a month, it increased by just over 10%. Long-term, the past six months have shown significant growth, with the price of SOL jumping more than 200%. Currently, SOL is trading between $146.59 and $184.77. It is approaching a key resistance level at $199.54, with the RSI and Stochastic values suggesting neither overbought nor oversold conditions. The coin’s movements appear to be in a growth phase, rather than correcting. If the momentum persists, SOL could break past the resistance and aim for the $200 mark.

Blur (BLUR) Price Movement and Future Outlook

Blur’s current price is floating between $0.33 and $0.38 with recent downward pressure seen as the coin has fallen 5.84% in the past month and 36.93% over the last six months. Its nearest resistance and support levels stand at $0.41 and $0.31 respectively. Blur’s price moves lately seem corrective as indicators like the RSI at 44.69 and a low Stochastic value at 27.61 suggest the absence of strong buyer momentum. Despite a significant drop over the last week with a 10.40% increase, the coin’s Simple Moving Averages (10-days at $0.42 and 100-days at $0.40) hint that Blur might see a potential uptick if it can overcome the immediate resistance levels, aiming for the second resistance level at $0.46.

Sei Coin: Mild Turbulence in Short Term as Long-term Shines

SEI has seen a price dip recently, with a 2.77% fall in the past week and a sharper 20.38% drop over the past month. However, it remains well above where it was six months ago, boasting a strong 111.05% gain. Currently trading between $0.45 and $0.59, SEI faces the next hurdle at a $0.67 resistance level, while support holds at $0.37. The coin is in a corrective phase, as suggested by indicators like the RSI at a low 30.51 and a Stochastic level of 14.68, signaling it may be oversold. The MACD just below zero confirms this corrective trend.

Conclusion

Cryptocurrency whales are gathering certain coins following the approval of ETH ETFs. SOL, BLUR, and SEI may offer less immediate potential. However, BlastUP emerges as the standout for investors looking ahead. Its strong concept and integration into the established Blast ecosystem position it as having the highest potential among the mentioned projects. The current market momentum suggests a bright future for BlastUP as investors take notice of its promising trajectory.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

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