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Home Analysis

Memeinator (MMTR), Tectum (TET), Solana

by cryptostandard
in Analysis
Reading Time: 4 mins read
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Memeinator (MMTR), Tectum (TET), Solana
  • Memeinator’s token sale has raised over $3 million previously few months.

  • Tectum token surged as traders cheered the expansion of its holders.

  • Solana remained below intense strain as demand waned.

Cryptocurrency costs are bracing for a giant week that would set the tone for the remainder of the 12 months. The Securities and Trade Fee (SEC) is extensively anticipated to approve Bitcoin ETFs by the likes of Blackrock, Invesco, Constancy, and Franklin Templeton. 

The SEC has already requested the candidates to submit their closing revisions forward of a vote set for this week. Most specialists consider that the company has no purpose to disclaim these purposes as a result of firms have already added the mitigation measures that the company requested. This text seems to be at among the high cryptocurrencies to look at this week, together with Memeinator (MMTR), Tectum (TET), and Solana (SOL).

Memeinator prediction

Memeinator, one of many upcoming meme cash, has continued doing properly previously few months. The corporate has raised over $3 million in a token sale that has been happening for the previous few months. This makes it one of many fastest-growing tokens within the trade. 

Memeinator goals to be the subsequent large factor within the crypto trade. Exactly, it goals to grow to be a serious participant within the meme coin trade that’s now dominated by the likes of Dogecoin and Shiba Inu. It additionally goals to beat the brand new age meme cash like MEME, Pepe, and Bonk., which surged laborious in 2023.

Memeinator goals to realize this by creating an energetic neighborhood of fanatic in its ecosystem. It additionally goals to create an ecosystem made up of video games and NFTs sooner or later. Additionally, the builders purpose to include ideas of synthetic intelligence (AI) to its ecosystem. You should buy the MMTR token right here.

Tectum value forecast

Tectum is a blockchain challenge that claims to be the quickest one within the trade. In response to its web site, it might deal with over 1 million transactions per second. This can be a main determine contemplating that Ethereum handles lower than 30 TPS. It’s quicker than most different well-known networks like Fantom, Avalanche, and Tron. 

TET, its token, was one of many high performers throughout the weekend as demand for the token jumped. In response to its web site, its holders jumped to over 12k throughout the ERC20, BEP20, and T12 networks. TET is used to mint Softnotes, paying service provider charges, Tectum gasoline payment, and bridged token charges.

The 4H chart reveals that the TET crypto value has been in a powerful uptrend previously few weeks. It has moved from a low of $9.07 in December to over $45. It stays above the 50-day and 25-day Exponential Shifting Averages (EMA). 

The outlook for Tectum continues to be bullish, with the subsequent level to look at being on the YTD excessive of $45. A drop beneath the help at $35 will invalidate the bullish view.

https://twitter.com/tectumsocial/status/1744043800610148429

Solana value forecast

Solana value has suffered a harsh reversal previously few days. After peaking at $126 in December, the token has pulled again to $96. It has remained beneath the 50-period and 25-period shifting averages. The coin’s Relative Power Index (RSI) has continued falling and is hovering close to the oversold stage.

Due to this fact, the outlook for Solana value is bearish, with the subsequent level to look at being at $84.70, the bottom swing on January third. A transfer above the important thing resistance at $100 will invalidate the bearish view.


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Tags: Bitcoin NewsCrypto NewsCrypto StandardCrypto UpdatesLatest Bitcoin NewsMemeinatorMMTRSolanaTectumTET
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