The cryptocurrency market is witnessing a significant resurgence, with Bitcoin breaking the $40,000 mark for the first time in 18 months, signaling a broader market rise. This bullish trend is not just confined to Bitcoin; other cryptocurrencies like Ethereum have also seen substantial gains. Amidst this optimistic backdrop, Avalanche (AVAX), Polygon (MATIC), and the emerging ScapesMania are drawing attention from investors seeking portfolio diversification. Avalanche (AVAX) and Polygon (MATIC) holders, in particular, are exploring ScapesMania as a potential addition to their investment portfolios.
The market newcomer is widely considered to be a smart pick. More and more crypto traders are choosing this project due to a plethora of advantages with the potential to push the value x2-x10 even after the major post-presale boost. That, in combination with rising daily activity, is fueling interest in this project.
Summary
- ScapesMania: Gaining investor interest for its innovative and safety-focused approach in the crypto market.
- Avalanche (AVAX): Breaks transaction records, indicating strong market growth.
- Polygon (MATIC): Faces price challenges but gains momentum with Coinbase support.
ScapesMania: A New Contender in the Crypto Arena
Many crypto experts pick ScapesMania as the best new project of 2023 and beyond. It manages to separate itself from the competition by offering holders a multitude of revenue streams and high potential ROIs during presale.
Companies and individual crypto traders looking for fast potential gains should definitely look into ScapesMania’s proposition. Once the presale finishes, the price will soar, securing possible returns in the range of 400-500%. Right now, there’s an active discount of close to 85%, but it won’t last forever – the clock is ticking and all interested in leveraging this offer need to act fast.
When dissecting the tokenomics and other features of ScapesMania, it becomes clear that it’s the best altcoin to hold now. The innovative gaming-related core idea, impressive presale numbers, $150,000 giveaway, undying social media hype, and other positive aspects can guarantee that ScapesMania will continue on its winning journey, so it makes sense to get involved as soon as possible.
>>> Join Presale at a Discount on the Official Site <<<
Avalanche (AVAX): Breaking Records and Setting New Standards
Avalanche (AVAX) has recently shattered its network transaction record, a significant milestone that underscores its growing influence in the crypto market. On November 20, the transaction count on Avalanche (AVAX) C-Chain hit an all-time high with an estimated total of 3.07 million transactions. This surge was primarily attributed to an increase in inscription transactions, a trend similar to what was observed with Ordinals on Bitcoin, Litecoin, and Dogecoin.
Currently, Avalanche (AVAX) is trading within a range of $13.29 to $27.07. The 10-day moving average stands at $21.43, while the 100-day moving average is at $12.63. This suggests a bullish trend in the short term, supported by strong support levels at $5.20 and resistance levels at $32.75 and $46.53.
Given Avalanche’s recent achievements and market performance, the future looks promising for Avalanche (AVAX). The record-breaking transaction volume is a clear indicator of the platform’s scalability and efficiency, attracting more users and developers to its ecosystem. The partnerships with major financial organizations like JP Morgan and Citi for real-world asset tokenization are likely to further bolster its market position.
Polygon (MATIC): Navigating Through Challenges
Polygon (MATIC) has recently been in the spotlight following Coinbase’s announcement to support MATIC perpetual future contracts on Coinbase International Exchange. This strategic move by Coinbase, aimed at expanding its crypto offerings, is a significant development for Polygon (MATIC). It not only enhances its visibility in the crypto market but also potentially increases its liquidity and trading volume. This integration is expected to attract more institutional and retail investors, further strengthening Polygon (MATIC) market position.
The current price range of Polygon (MATIC), which lies between $0.592 and $0.957, reflects a market in flux. The 10-day moving average of $0.780 and the 100-day moving average of $0.630 indicate a cautiously optimistic sentiment among investors. The support levels at $0.057 and $0.422, along with resistance levels at $1.151 and $1.516, are critical markers that traders are closely monitoring.
Despite the positive developments, Polygon (MATIC) has been facing technical challenges in its price trajectory. It has struggled to break out from a long-term descending resistance trend line that has been in place for 700 days, originating from its all-time high in December 2021. This resistance has been a significant barrier to Polygon (MATIC) price growth. However, the weekly Relative Strength Index (RSI) for Polygon (MATIC) is showing signs of a bullish trend, being above 50 and on an upward trajectory.
Conclusion
In the context of the current cryptocurrency market resurgence, both Avalanche (AVAX) and Polygon (MATIC) holders are showing a keen interest in diversifying their portfolios, particularly with the inclusion of ScapesMania. This interest is driven by the unique strengths and recent developments of each coin: ScapesMania’s innovative approach and safety focus,
As of right now, this innovative coin does seem like the ultimate pick for Avalanche (AVAX) and Polygon (MATIC) holders as well as cryptocurrency enthusiasts at large. Its features really do make it one of the best options on the market.
- Site: https://scapesmania.io/
- Twitter: https://twitter.com/ScapesMania
- Telegram: https://t.me/scapesmania
