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Qubetics: The Next Rising Star in the Crypto Market?

Aug 27, 2024 am 09:46 AM
Investment Fantom ONDO Whitelist Qubetics

ONDO’s climb towards its all-time high and Fantom’s leadership in the altcoin recovery have set the stage for a new player to make its mark.

Qubetics: The Next Rising Star in the Crypto Market?

As crypto markets rally and promising new projects emerge, savvy investors are seeking the next big opportunity to capitalize on the market's growth. Two tokens that have stood out in recent times are ONDO and Fantom (FTM). Now, a promising new layer-1 blockchain project, Qubetics, is entering the scene with a whitelist phase, presenting an opportunity for early participation.

ONDO's (ONDO) price has surged to new all-time highs as part of a broader bullish movement in the crypto markets. The token reached a high of $1.1647, continuing its strong performance this year. This bullish surge comes amidst the U.S. Securities and Exchange Commission (SEC) approving several Ethereum spot ETFs, which have been a major catalyst in the market, particularly for tokens linked to decentralized finance (DeFi) and real-world assets (RWA).

While the token's price surged over 16% in the last 24 hours,ито surged nearly 28% from its recent lows. Despite the recent losses, the token has performed well this year, especially following the launch of its derivatives and NFT marketplaces. Furthermore, a closer look at the daily chart reveals that ONDO is approaching a critical resistance level.

Meanwhile, another token that has shown significant upward momentum in the recent altcoin recovery is Fantom (FTM), which has bounced back strongly since mid-May 2024. The token experienced a challenging period earlier this year, where it saw substantial losses. However, the recent rally has seen FTM making a recovery.

This recovery is being supported by an improving trend in daily active addresses, indicating increasing user engagement and a potential strengthening in the network's fundamentals. Notably, FTM is approaching a crucial resistance level at $0.41, which could set the stage for a potential breakout or rejection.

Moreover, a technical analysis of Fantom reveals that the token is at a pivotal point. Having recovered nearly 28% from its recent lows, FTM is yet to cross the crucial Fibonacci retracement level. However, the reduction in price-DAA divergence is a positive sign.

As both ONDO and FTI continue to perform well in the recovering crypto markets, another project, Qubetics, is preparing for its next whitelist round, offering those who sign up with their email address a chance to participate in its presale at the lowest possible rate. Those on the whitelist will gain early access to the token at the best available price, while later participants will have to pay higher prices.

The benefits of getting in early cannot be overstated, and those who join Qubetics during this phase will have the best chance to see their investments grow as the project progresses through its development and growth phases. Those interested in participating in the Qubetics whitelist can do so by heading over to the project's website.

Those interested in learning more about crypto projects that are set to benefit from the bull market can find the latest analysis, news, and trading tips on Benzinga Pro.

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