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The crypto market recently experienced a sharp downturn, with Bitcoin falling by 5% to below $36,000, triggering a significant $340 million in leveraged position liquidations. The Securities and Exchange Commission (SEC), with its delayed decision on Bitcoin ETFs, further amplified this volatility – underlining the market’s already uncertain nature.
Other major cryptocurrencies like Ether (ETH), Solana (SOL) and Chainlink (LINK) have also seen declines, in contrast to Avalanche (AVAX) which gained. The CoinDesk Market Index, reflecting the broader market, dropped by 4%. Understanding the potential of cryptocurrencies like Stellar (XLM), Aptos (APT), Maker (MKR) Fantom (FTM) and emerging ScapesMania requires crucial attention to this volatile environment.
5 Must-Own Cryptos:
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ScapesMania: as an emerging player, ScapesMania stands out for its innovative revenue streams and impressive presale performance, poised for growth with upcoming exchange listings;
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Stellar (XLM): exhibiting resilience in the face of market volatility, Stellar (XLM) has bounced back from recent lows, underpinned by its utility-focused approach and strategic partnerships;
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Aptos (APT): facing a crucial period with the upcoming unlock of tokens, Aptos (APT) market position and value could be influenced by its strong staking percentage and strategic alliances;
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Maker (MKR): gaining traction in the DeFi market, Maker (MKR) shows a bullish trend supported by an increase in active addresses and its robust platform built on Ethereum;
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Fantom (FTM): Demonstrating potential for growth with a bullish bias, Fantom (FTM) value is expected to rise, backed by a series of higher highs in the broader market rally.
ScapesMania: A New Entrant with Promise
While some are facing an uncertain future, the trajectory of a presale project is far easier to predict. ScapesMania (MANIA) is a well-balanced, meticulously designed pr
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Author: Crypto Daily