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Polygon Rival Primed To Explode by Over 200% in Weeks, According to Crypto Analyst Michaël van de Poppe

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A widely followed crypto analyst says that one Ethereum (ETH) layer-2 scaling solution appears to be a cusp of a rally that would see it print gains of over 200%. In a new strategy session, crypto trader Michaël van de Poppe tells his 736,000 followers on the social media platform X that Polygon (POL) rival Optimism (OP) could hit a new all-time high (ATH) by the start of next year if it holds key support levels. “Volatility is increasing. OP has tested the crucial resistance, but dropped more than 20% in the past few days. If there’s another test at $1.80-1.90, then I expect we’ll break upwards and have an ATH test in January.” Source: Michaël van de Poppe/X Optimism is trading for $1.54 at time of writing, a 7% decrease during the last 24 hours. To pass its all-time high of $4.84, OP would need to increase by 214% from its current price. Moving on to Bitcoin (BTC), van de Poppe says the top crypto asset by market cap could hit a six-fig...
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Cryptocurrency: Top 3 Coins To Buy Under $10 For Better Gains

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The cryptocurrency market continues to experience significant price fluctuations, with major coins like Bitcoin and Ethereum seeing regular volatility. However, other digital assets present interesting OP portunities for potential growth in the coming years. Many of these promising cryptocurrencies currently trade at prices below $10 per coin. These three digital currencies, built on robust technology foundations and offering real-world utility, possess fundamentals that could potentially drive their value higher, even from their current sub-$10 price levels. Also read: Top 5 Cryptocurrencies That Can Hit New ATH’s This Month Ripple (XRP) XRP, a digital asset associated with Ripple , aims to provide fast, cost-effective, and scalable cross-border payment solutions. As of the most recent data, XRP’s price is around $0.6222. The XRP Ledger, an OP en-source technology introduced in 2021, is recognized for its low transaction costs (approximately $0.0002), fast se...
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IMF optimism in Central African Republic, despite Bitcoin adoption

The International Monetary Fund projects 2.2% GDP growth and manageable debt, but warns of liquidity risks. The Central African Re public (CAR) has received optimism from the International Monetary Fund (IMF) one year since it adopt ed Bitcoin (BTC). The IMF’s positive outlook reflects the country’s economic prospects and the impact of embracing the leading cryptocurrency. The IMF published a report expressing a more positive view of the country’s economic prospects for 2023. The report indicates a projected rebound in real gross domestic product (GDP) growth to 2.2%, attributed to factors such as the base effect and policy adjustments leading to enhanced fuel supply. The IMF also anticipates an average inflation rate of 6.3% for 2023. According to the IMF document, the projected public debt of the CAR is expected to remain sustainable. However, the report highlights the presence of significant liquidity risks, as indicated by relevant debt indicators. These risks arise from poten...
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