Why Polkadot (DOT) and Avalanche (AVAX) Are the Altcoins to Watch in a Pre-Halving Market

The crypto market has been riding a rollercoaster lately, with Bitcoin (BTC) briefly hitting the $50,000 mark on February 13 before slipping slightly due to hotter-than-expected US inflation figures. The consumer price index’s drop to an annual rate of 3.1% in January, surpassing economists’ forecast of 2.9%, stirred concerns about further rate hikes.

Bitcoin’s dominance might decrease in the coming days as Ethereum (ETH) and other altcoins are showing signs of a bullish trend. The ETH/BTC ratio, having bounced back from its support level, hints at Ethereum potentially outperforming Bitcoin in the short term.

In this dynamic landscape, Avalanche (AVAX) and Polkadot (DOT) have not been left behind, registering notable surges in today’s trade as Bitcoin quickly reclaimed its footing at $51,000. The increasing inflows into Bitcoin ETFs, which are now 10 times the supply from miners, suggest a sustained bullish trend leading up to the anticipated halving in April this year.

While the market wonders if this bullish momentum is here to stay, there’s growing interest in emerging projects like ScapesMania (MANIA). Although its presale stage has concluded, the crypto community is eagerly awaiting its upcoming DEX listing set to open doors to a broader audience of crypto investors.

Ride The Wave of Innovation with ScapesMania

The ScapesMania public sale wrapped up, becoming the talk of the crypto community. The project managed to secure over $6,125,000 at an unprecedented rate and there’s a strong probability that the token’s value might increase exponentially in the future.

The spotlight has shifted to the Token Generation Event (TGE) coming up on February 25 – March 09. The pool of tokens is smaller than it was before, so the chance to maximize your potential returns is quickly diminishing. Letting it slip now would be a huge waste, especially since your chance to join is only a click away.

Your Last Chance to Boost Potential Returns Post Listing

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Author: Crypto Daily

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