Next Crypto Explosion Friday, March 29 – Ravencoin, Helium, Ocean Protocol

adminMarch 30, 2024

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Cryptocurrency markets could be seeing the resurgence of a bullish rally in the AI sector, with talks swirling about a merger between the top companies in the space. According to recent news, Ocean Protocol and Fetch.ai are SingularityNET supporters of the film. The three platforms are working on an artificial superintelligence alliance, which will reportedly lead to a token merger worth more than $7.5 billion.

The merger will advance the ASI token. There is speculation that the new token will become a leader in the field of artificial intelligence in cryptocurrencies. Ultimately, the assets involved in the merger are likely to benefit the most in the short term, with the cryptocurrency ASI likely to gain the most as a result. Next Cryptocurrency to Explode.

Next Cryptocurrency to Explode

While discussions about the Superintelligence alliance continue, the memecoin category is moving to regain control of the cryptocurrency narrative. Today, not only are assets from the sector topping the bullish lists, but new memecoin projects are also making dramatic debuts. For example, the recently launched Slotthana presale raised over $2 million within 7 days of presale. Pre-sale details are included below.

1. Helium (HNT)

Helium was one of the first assets to see a massive rally following the announcement of the Bitcoin spot ETF. It broke the low with a price increase of more than 300%. However, HNT is showing a rebound, with its price falling more than 30% since the middle of the first quarter. The decline in HNT moments is consistent with the overall price decline in the cryptocurrency market.

Interestingly, HNT holders may be preparing for a return to the uptrend as the token returns to retest support in the $5 – $6 range. A bounce in this range would confirm a bounce to the mid-range of the asset’s trend and the price should be positioned between $9 – $12. Conversely, the Resistance Cluster can increase to $16. Interestingly, the Helium network has a handful of development plans in the pipeline, which will likely impact the long-term value of the asset.

HNT price chart

The upcoming rally of the HNT token will largely depend on the overall outlook of the cryptocurrency market. As the market sticks to a relatively sideways trend, investors may lack the risk appetite to push the token up the charts. However, technical analysis data suggests that holders should brace for an impressive upside.

HIP 107: This is your last chance to vote to prevent gaming on mobile networks. 🧵
🗳️⏳Vote now: https://t.co/oXSbIduqMy
— Helium Foundation 🎈 (@HeliumFndn) March 28, 2024

The relative strength reading on the chart indicates that the token is progressively undervalued. Investors may soon see a return to the upward trend. Nonetheless, HNT’s return to the uptrend will come amid sideways moves due to overall bearish near-term sentiment. Likewise, HNT continues to trade below the $200 moving average, indicating continued interest in the asset. If the bears regain control over the price decline, HNT could be the next cryptocurrency to explode.

2. SLOTH

Solana Chain is seeing the return of meme culture after last week’s sensation. The upcoming project on Solana Chain recently achieved dramatic results after raising over $500,000 in pre-sale funding in just eight hours. As of the time of writing, Slotana’s Pre-sale funding is leaning towards $2.3 million and social media following is growing similarly significantly.

🎉 Slotthana site update is here! 🚀 Get ready to embrace your inner sloth with the new ‘Lazy Sloth Buy Widget’ coming soon! 🦥 Let’s spend SOL comfortably and prepare for Lambo 💰 #slodana #LazyCryptocurrency #memecoin
— Slothana (@SlothanaCoin) March 27, 2024

Given the current pre-sale outlook, it is difficult to argue with the prospects that SLOTH will perform exceptionally well upon listing. Interestingly, the Slotthana pre-sale uses a simple funding model that allows investors to participate with just a few clicks of a button. The project’s wallet address will be posted directly on the pre-sale page, reducing the hassle of participation. Additionally, with one SOL, an investment can own up to 10,000 SLOTH.

Degen investors are already jumping into the project to take advantage of the launch price surge. also, Slotana’s As is common with most presale programs on the Solana Chain, the presale price is non-inflationary. Therefore, investors can apply dollar cost averaging (DCA) strategy. With the odds of an explosive launch rally increasing, investors can increase their SLOTH bags at current pre-sale prices. However, once the pre-sale ends, your opportunity to purchase at the current price will also end.

Visit Slotthana Pre-sale

3. Ravencoin (RVN)

Ravencoin showed a significant increase in investor interest, with the asset’s trading volume surging more than 189% in the past 24 hours. The increase in demand has consequently put pressure on asset prices, which have increased by almost 30% in the last 24 hours. RVN’s rapid surge in value helped the depressed price regain its upward momentum. As Ravencoin eyes more upside, this is an opportunity for investors to take advantage of the price action.

Technical analysis shows that the MACD reading is posted at 0.00301964 on the daily time frame, indicating that a bullish rally is imminent. Likewise, the value of the long-term moving average is much lower than the current price. With more room to grow, RVN is likely to acquire the resistance cluster in the $0.05 – $0.06 price range in the coming quarters.

RVN price chart

Nonetheless, the long-term prospects of the RVN token will depend on the overall outlook of the asset transfer narrative. RWA As interest in the cryptocurrency sector grows, RVN and assets in that category may see an increase in use cases as the need for transfer of ownership becomes imminent. Overall, investors should keep an eye on trends in assets, especially in the case of short-term price action. We expect to maintain vertical momentum throughout the remainder of the quarter and early next quarter.

4. Ocean Protocol (OCEAN)

Ocean Protocol is one of the most popular cryptocurrencies in the artificial intelligence space, and since the start of the bull market, this asset has provided holders with returns of over 120%. But things will get more interesting as the network converses with other players in the crypto AI space.

ocean price chart

The goal is to create a unified crypto asset that merges the three assets. The prospects for such a merger will depend on the community’s vote, but in the short term, the individual platforms’ assets will likely see large rallies due to the visibility brought about by the news. On the other hand, the OCEAN community does not need to participate in voting activities since control has already been relinquished.

1/🤝Ocean Protocol, @Fetch_ai & @SingularityNET Unite to create one Artificial Superintelligence Alliance through token merger. $but The token has a total value of $7.5 billion and currently ranks ~20th. #CoinMarketCap.
Read on! there’s more! pic.twitter.com/hIkZCjIi02
— Ocean Protocol (@oceanprotocol) March 27, 2024

As the cryptocurrency community awaits the vote, it is best to keep an eye on the market movements of the assets involved in the merger. The price chart of OCEAN indicates that it is trading closer to the ATH value. ATH is likely to rise significantly due to demand for the asset. Ultimately, investors could see OCEAN price rise to $2 in the next quarter ahead of the merger.