XYZVerse may 10x as Cardano, AVAX gain 50%+

by Alison Buckland


Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Cardano and Avalanche rally, but new altcoin XYZVerse may offer 10x gains and steal the spotlight.

Summary

  • XYZVerse aims for 50x gains as sports memecoin hype builds.
  • Early buyers rush in as XYZVerse presale nears final stage.
  • XYZVerse sparks buzz with bullish CMC votes and 50x forecast.

Investors around the globe are closely watching as major cryptocurrencies make significant strides. Cardano and Avalanche have experienced remarkable increases, sparking renewed interest and optimism in the market. 

Now, attention is shifting to a new player on the scene. An emerging altcoin, XYZVerse, is being touted for its potential to deliver even greater returns, possibly surpassing established tokens. Could this be the next big opportunity, offering investors a chance at tenfold gains?

XYZVerse: The next big memecoin, poised for 50x growth?

XYZVerse is generating significant excitement as the first-ever all-sports meme token. It aims to shatter records in the memecoin market, with projections of 50x growth upon its launch.

Early investors have a unique opportunity to acquire XYZ tokens at a substantial discount through the current presale, well below its anticipated listing price.

XYZ shows bullish momentum

With 95% of voters anticipating growth, the XYZVerse community on CoinMarketCap has demonstrated a strong bullish sentiment for XYZ.

Cardano, Avalanche up over 50%, emerging altcoin XYZVerse may surpass with 10× potential - 1

Adding to its visibility, XYZVerse has garnered support from prominent crypto influencers. Notably, DanjoCapitalMaster, with a following of nearly 900,000, recently endorsed XYZVerse, highlighting it as a significant “moonshot opportunity.”

XYZVerse distinguishes itself with a robust tokenomics model designed for long-term viability, moving beyond mere hype:

  • 15% of the token supply is dedicated to liquidity.
  • 10% is set aside for community rewards through airdrops and bonuses.
  • 17.13% is allocated for deflationary burns, a mechanism intended to decrease supply and enhance demand for XYZ over time.

Could XYZVerse be the next big memecoin?

XYZVerse is quickly gaining attention as a potential major player in the memecoin market. Its rapidly progressing presale, active community, and detailed roadmap indicate a project with significant upside. 

Although the crypto market always carries inherent risks, many investors view this as a prime chance to invest early in a promising venture. The presale window is limited, so those interested should consider acting soon.

Join xyzverse, the next moonshot opportunity.

Cardano

Cardano, Avalanche up over 50%, emerging altcoin XYZVerse may surpass with 10× potential - 2
Source: TradingView

Cardano (ADA) has experienced notable price movements recently. In the past week, its price climbed by 3.66%. Over the last month, it surged by 35.85%, showing strong short-term growth. However, looking at the past six months, ADA’s price has decreased by 18.27%, indicating some long-term challenges.

Currently trading between $0.75 and $0.93, ADA is near its 10-day simple moving average of $0.80 but below the 100-day average of $0.86. The Relative Strength Index (RSI) stands at 38.02, suggesting that the asset is approaching oversold territory. The MACD level is negative at -0.0159, and the Stochastic indicator is at 55.56, pointing to mixed momentum signals.

For ADA to continue its upward trajectory, it needs to break through the nearest resistance level at $1.01. Successfully crossing this threshold could pave the way to the second resistance at $1.19, representing a significant percentage gain from current levels. On the downside, if the price dips, the nearest support sits at $0.64, with a further safety net at $0.45. These support and resistance levels are crucial for traders monitoring ADA’s potential movements.

Avalanche

Cardano, Avalanche up over 50%, emerging altcoin XYZVerse may surpass with 10× potential - 3
Source: TradingView

Avalanche (AVAX) has increased by 2.42% over the past week and 28.54% in the last month. Despite this short-term growth, it has declined 34.07% over six months. Currently trading between $21.77 and $26.95, AVAX appears to be stabilizing after previous losses.

Technical indicators show mixed signals. The RSI is at 38.18, nearing oversold territory. The MACD level of -0.3803 indicates bearish momentum. The 10-day SMA is $23.55, slightly below the 100-day SMA of $25.03, which may signal a potential bullish crossover if the shorter-term average rises above the longer-term one.

The nearest resistance is at $28.83. Surpassing this could lead AVAX to test the second resistance at $34, about a 26% increase from current levels. Support is at $18.49, with a deeper support at $13.31. A fall to the second support would be around a 40% drop. AVAX’s recent gains suggest cautious optimism, but technicals advise caution.

Conclusion

Despite impressive gains from ADA and AVAX, XYZVerse aims for 50x growth, uniting sports fans in a memecoin movement that could surpass tokens like PEPE and MOG.

To learn more about XYZ, visit its website, Telegram, and Twitter.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.



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