3 Altcoins That May Reach $1 In 2024: SHIB, SEI and JUP
Altcoins That Might Reach $1 In 2024: With their remarkable growth potential and distinctive market offerings, Jupiter (JUP), Sei (SEI), and Shiba Inu (SHIB) are drawing interest from the cryptocurrency community. These digital assets are attracting interest from both analysts and seasoned investors as they traverse the unstable crypto market with a bullish perspective.
The market price of Shiba Inu, the well-known digital money with meme influences, has recently shown signs of volatility. After rising quickly to a peak of $0.00000967 on January 30, the token saw a decline to $0.00000878 not too long after. According to recent events, SHIB’s value has further declined to $0.000008969, which represents a 0.86% drop in a day. Industry observers are nevertheless upbeat about SHIB’s near-term direction in spite of these swings.
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Shiba Inu: Managing Market Volatility with an Optimistic Outlook
The trade activity pertaining to Shiba Inus has noticeably increased in the midst of these price fluctuations. The amount traded per day has increased by 14% to $71.29 million. Currently, the cryptocurrency is moving through a reaccumulation phase, which is characterised by investors strategically building up their holdings in anticipation of a possible upswing.
Based on latest statistics from CoinMarketCap, Shiba Inu’s market valuation is a strong $5.29 billion, which keeps it ranked as the 17th largest cryptocurrency.The Moving Average Convergence Divergence (MACD), whose line has crossed the signal line, suggests a bullish trend.
To further complicate matters, SHIB has noticed a notable increase in transactions involving large holders, or “whales.” These large-scale transactions increased in volume by 99% and totaled an astounding 973.25 billion SHIB, or $8.77 million.
Whale activity is increasing, which indicates that after a dip, people are still interested in cryptocurrencies. An increased burn rate for SHIB tokens has also been led by Shibarium, Shiba Inu’s Layer-2 blockchain solution. By strategically reducing supply and seeing significant swings in transaction volumes, the Meme currency may be able to achieve its goal of $1 by the end of 2024.
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Is Sei About to Break Through the $0.70 Level of Resistance?
The unique layer 1 blockchain that Sei has developed for use in trading is quickly becoming well-known. The current price of Sei is $0.6069, down 1.86 percent in the past 24 hours, according to the most recent data. Nevertheless, it has been consistently trading around $0.60, suggesting a possible upward trend.
With a value increase of more than 7506% in the last year, SEI has shown a strong bullish pattern and is now one of the best crypto investments you can make. The SEI coin, which debuted in August 2023, attained its peak valuation in late December of the same year, a clear indication of its swiftly increasing appeal and investor faith.
Thanks to its innovative features and advantageous placement in the blockchain and trading ecosystem, this digital asset—supported by layer 1 blockchain technology—has garnered a lot of attention. Sei is becoming more well-known as a notable cryptocurrency because to its persistent popularity.
In the future, the altcoin’s worth might recoup a lot if the market dynamics turn in its favour and push the Sei price over the $0.6137 mark. If this happened, Sei would be able to test the $0.70 level, which has been its upper resistance. Assuming this degree of stability persists through the end of 2024, Sei may aim to hit the lofty $1 threshold.
Jupiter Price is Making Headway in the DEX Market
The Jupiter cryptocurrency has been showing signs of an uptrend as of late, which indicates a strong surge in purchasing activity. With a remarkable gain of more than 3% in just one day, Jupiter’s present valuation is $0.564. An increase in investor interest is evident from the spike in trading volume to $278 million. Jupiter has a huge market cap of $760 million and is now 83rd on CoinMarketCap. Keep in mind that the digital asset has maintained a stable price above the critical $0.55 support level through all the ups and downs in the market.
Following Monday’s gains, the cryptocurrency community has been buzzing with conjecture about JUP. Recent developments in the Jupiter community and the Jupiter Exchange’s rising profile are major contributors to this upsurge in enthusiasm.
The increased activity on the DEX has brought JUP to the forefront, indicating the possibility of a substantial price increase. Jupiter might soon test the $1 mark, a turning point in its market journey, according to market watchers, if the present trend of optimistic mood continues.
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Where to Trade Crypto Futures?
Now you can trade Crypto futures on BTCC. BTCC, a cryptocurrency exchange , was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone. BTCC is a crypto exchange offering users liquid and low-fee futures trading of both cryptocurrencies and tokenized traditional financial instruments like stocks and commodities.
BTCC offers exclusive bonus for new users. Sign up and deposit on BTCC to get up to 3,500 USDT in bonuses. Meet the deposit targets within 30 days after successful registration at BTCC, and you can enjoy the bonus of the corresponding target levels. Find out what campaigns are available now: https://www.btcc.com/en-US/promotions
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Why Trade Crypto Futures on BTCC
To trade Crypto futures, you can choose BTCC crypto exchange.BTCC, a cryptocurrency exchange , was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone. Over 11 years of providing crypto futures trading services. 0 security incidents. Market-leading liquidity.
Traders may opt to trade on BTCC for a variety of reasons:
- Security：safe and secure operating history of 11 years. Safeguarding users’ assets with multi-risk management through the ups and downs of many market cycles
- Top Liquidity：With BTCC’s market-leading liquidity, users can place orders of any amount—whAVAXer it’s as small as 0.01 BTC or as large as 50 BTC—instantly on our platform.
- Innovative：Trade a wide variety of derivative products including perpetual futures and tokenized USDT-margined stocks and commodities futures, which are innovative products invented by BTCC.
- Flexible：Select your desired leverage from 1x to 150x. Go long or short on your favourite products with the leverage you want.
To trade Crypto Futures on BTCC, follow these simple steps:
- Create an account
Go to the BTCC website and fill out the registration form with the necessary details. Finish the checks to make sure you’re in line with the stock exchange’s rules.
- Deposit funds
Fund your BTCC wallet once your account has been created and verified. You can fund your BTCC account with a number of different cryptocurrencies and fiat currencies.
- Navigate to the crypto trading section
You can begin trading on the BTCC platform as soon as your account has been funded. Find the crypto exchange rate, which is written as crypto/Bitcoin (BTC) or crypto/US Dollar (USDT) depending on the other pairs available.s.
- Choose your trading type
Both spot trading and futures trading are available through BTCC. If you want to purchase or sell crypto tokens at the current market price, you may want to investigate spot trading. If you’d rather trade crypto with leverage and speculate on its price movements, you can do so with crypto Futures.
- Place your trade
After deciding which type of deal you want to make, you can enter the amount of crypto you like to buy or sell, as well as your preferred price (if necessary). If everything checks out, go ahead and make the deal.
- Monitor and manage your trades
Be sure to monitor your crypto holdings on the BTCC exchange. To limit losses and protect gains, you can use stop-loss and take-profit orders. It is also important to keep up with the latest crypto market trends and news if you want to successfully trade this cryptocurrency.
Before becoming involved in any kind of trading, make sure you’ve done your homework. Due to the extreme volatility of the cryptocurrency markets, it is crucial to have a well-defined trading strategy and risk management framework in place. To successfully trade crypto on the BTCC market and take advantage of the chances it provides, follow these procedures and keep yourself updated.
How to Trade Tether (USDT) on BTCC
- Mobile App
- 1. Download the BTCC App via App Store or Google Play
- 2. Register and verify your account, or log in to your BTCC account.
- 3. Tap ‘Buy Crypto’.
- *Please note that only verified users are eligible to buy crypto on BTCC.
- 4. Enter the amount you would like to buy in USDT.
- 5. Select a service provider and proceed to payment.
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BTCC bonuses apply to different categories of users. Every new user gets a 10 USDT coupon after completing their registration. You will also get an additional 20 USDT coupon on completing your KYC verification.
- Bonus On First Deposit And Trade
You will get a bonus worth 10 USDT when you deposit 200 USDT and above within 7 days of opening an account. The reward includes a 5 trading fund and a 5 USDT coupon.
If the deposit is 500 USDT and above, you will get a 20-trading fund. Furthermore, if you make a cumulative deposit of 2000 USDT within 30 days of opening an account, you will get a 30 USDT trading fund. Trading within 7 days of signing up will also earn you a 20 USDT coupon.
- BTCC Futures Trading Bonus
You can earn bonuses from trading futures on BTCC within a stipulated time.
- A cumulative future trade of 200,000 USDT and above will earn you a 10 USDT trading fund and a 200 USDT coupon.
- A cumulative future trade of 500,000 USDT and above will earn you a 20 USDT trading fund and a 300 USDT coupon.
- A cumulative future trade of 1 million and above will earn you a 50 USDT trading fund and a 500 USDT coupon.
- A cumulative future trade of 5 million USDT and above will earn you a 125 USDT trading fund and a 1000 USDT coupon.
- A cumulative future trade of 10 million USDT and above will earn you a 250 USDT trading fund and a 2000 USDT coupon.
- A cumulative future trade of 20 million USDT and above will earn you a 500 USDT trading fund and a 5000 USDT coupon.
- Other Bonus
Invite a friend to BTCC to get a 25% rebate on their trading fees. You can get up to 530 USDT in rewards per referral.
1.Is BTCC safe?
Since its inception in 2011, BTCC has made it a priority to create a secure space for all of its visitors. Measures consist of things like a robust verification process, two-factor authentication, etc. It is considered one of the most secure markets to buy and sell cryptocurrencies and other digital assets.
2.Is it possible for me to invest in BTCC?
Users are encouraged to check if the exchange delivers to their area. Investors in BTCC must be able to deal in US dollars.
3.Can I Trade BTCC in the U.S?
Yes, US-based investors can begin trading on BTCC and access the thriving crypto asset secondary market to buy, sell, and trade cryptocurrencies.
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