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Friday, February 23, 2024
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    bitcoin
    Bitcoin (BTC) $ 50,753.60
    ethereum
    Ethereum (ETH) $ 2,921.61
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 373.54
    usd-coin
    USDC (USDC) $ 0.999407
    xrp
    XRP (XRP) $ 0.533699
    binance-usd
    BUSD (BUSD) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.084363
    cardano
    Cardano (ADA) $ 0.582044
    solana
    Solana (SOL) $ 99.74
    matic-network
    Polygon (MATIC) $ 0.986145
    polkadot
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    tron
    TRON (TRX) $ 0.138211

    Metacade worth prediction amid bullish outlook for Ovr, UBXS

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    • Metacade, Ovr and UBXS may gain advantage from altcoin rally as P2E and RWAs dominate 2024.
    • OVR and UBXS arel focusing on $1 and $0.1 respectively.
    • MCADE is signaling a possible upswing as worth holds at a key stage.

    Because the crypto market consolidates amid bull market predictions, three altcoins more likely to take off massive time in coming weeks and months are Metacade (MCADE), Ovr (OVR) and UBXS (UBXS). As UBXS and Ovr costs choose upside momentum, MCADE is signalling a bullish flip as worth holds above a key help stage.

    OVR and UBXS worth prediction

    OVR and UBXS are buying and selling larger right now, with their respective costs up up to now 24 hours. UBXS has posted extra beneficial properties up to now week, netting over 42% in weekly upside motion. In the meantime, OVR has seen about 8% in upward returns over the identical interval.

    Because the market recovers from this week’s dip, the 2 cash may gain advantage from a resurgence in play-to-earn (P2E) and tokenization narratives. Specialists say the latter is without doubt one of the key tendencies to observe in 2024.  

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    In keeping with crypto analyst Michael van de Poppe, a rallying altcoin market amid development in tokenization of real-world belongings may assist UBXS worth. The analyst sees a possible transfer to the $0.09- $0.13 space.

    The #Altcoin market goes to speed up some extra within the upcoming interval, because the cycle simply began. #RWA shall be one of many core subjects and $UBXS is such a mission. Held a vital help stage and appears prepared for a brand new impulse in direction of $0.09 and $0.13,” the analyst posted on his X account.

    OVR, the token of the augmented actuality (AR) metaverse Over the Actuality, may gain advantage from the rise of P2E, Web3 and metaverse. OVR reached peaked at $3.33 in December 2021. Whereas its 89% off that top, a bounce from present worth of $0.34 may see bulls retest latest resistance above 0.74. Bull market targets from shall be above $1.  

    See also  Avalanche (AVAX) surges 10% to focus on $50 as traders seize Pullix (PLX)

    Metacade worth prediction

    Metacade worth has struggled for upside momentum since hitting highs of $0.02 in November. The blockchain-based gaming platform’s native token MCADE reached the latest peak amid the bullish sentiment that surrounded Metacade’s mainnet launch.

    Whereas the milestone and the foremost partnerships the GameFi mission has struck with main suppliers continues to drive adoption, the preliminary buoyance for MCADE worth has pale because the 106% beneficial properties in every week final November.

    Certainly, at present ranges under $0.012, Metacade worth is down 28% up to now month. It’s additionally considerably off its all-time excessive above $0.045 reached in Could 2023.

    Nonetheless, play-to-earn (P2E) is anticipated to see larger traction in 2024 and applications corresponding to Metacade’s Meta Grant may incentivize the group of builders and sport studios much more. MCADE might be an even bigger beneficiary of this outlook because the gaming platform begins to dominate the area.

    MCADE worth is more likely to bounce off the $0.012 with an altseason offering tailwind impetus. Approval for a primary spot Bitcoin ETF by the US Securities and Alternate Fee (SEC) might be the preliminary set off of this. 

    Brief time period, Metacade’s native token may explode to above $0.1, whereas the psychological $1 stays a goal.

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