MAKER Token Report

The Maker (MKR) token is the governance mechanism for both MakerDAO, a decentralized organization, and the Maker Protocol, a software platform, both built on the Ethereum blockchain. These platforms enable users to create and oversee the DAI stablecoin.

MKR is ranked #71 with a market capitalization of over $1.24 billion. The current market price of the token is 1,452 USDT

The MKR/USDT price had been on a down trend since December, last year. On the daily time-frame, the trend is on the verge of breaking out of flat consolidation levels, with volume support. The RSI indicates an aggressive momentum in price. The next resistance is expected at 1,635 USDT and an immediate support is expected at 1,389 USDT.

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MintingM Rating – 3.7/5

XYO Token Report

XYO is a DePIN ecosystem that encompasses consumer software, developer tools, a decentralized network, and digital assets. It enables and incentivizes the collection, validation, and utilization of decentralized data. Centered around the XYO token, the ecosystem facilitates data accumulation and circulation while ensuring that both individuals and organizations maintain control over their own data—commonly referred to as data sovereignty. 

XYO is ranked #160 with a market capitalization of nearly $40 million. The current market price of the token is 0.0231 USDT

The XYO/USDT price had been on a down trend since December, last year. On the daily time-frame, the trend has broken out of the flat consolidation levels, with good volumes. The RSI indicates an aggressive momentum in price. The next resistance is expected at 0.027 USDT and an immediate support is expected at 0.021 USDT.

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MintingM Rating – 3.66/5

DEXE Token Report

The DeXe Protocol is an inventive framework tailored for the establishment and management of DAOs in a merit-based manner, ensuring appropriate alignment of incentives and extensive adaptability. Its purpose is to facilitate the rapid and sustainable development of DAOs, fostering vibrant member engagement and prioritizing expertise.

DEXE is ranked #62 with a market capitalization of $1.8 billion. The current market price of the token is 21.03 USDT

The DEXE/USDT price had been on a down trend since May’24. On the weekly time-frame, the trend has broken out of the flat consolidation levels, with good volumes. The RSI indicates an aggressive momentum in price. The next resistance is expected at 27.3 USDT and an immediate support is expected at 16.3 USDT.

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MintingM Rating – 3.5/5

AXELAR Token Report

Axelar aims to provide “secure cross-chain communication for Web3.” The project offers a decentralized network along with a suite of protocols, tools, and APIs designed to enable developers of decentralized applications (dApps) to achieve seamless cross-chain communication.

AXL is ranked #132 with a market capitalization of nearly $611 million. The current market price of the token is 0.698 USDT

The AXL/USDT price had been on a down trend since Dec’24. On the 4-hourly time-frame, the trend has broken out of the descending trendline, with good volumes. The RSI indicates an aggressive momentum in price. The next resistance is expected at 0.99 USDT and an immediate support is expected at 0.579 USDT.

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MintingM Rating – 3.5/5

BONK Token Report

BONK is the first dog-themed cryptocurrency on the Solana blockchain, created “for the people, by the people.” Half of its total supply was airdropped to the Solana community. Similar to Shiba Inu (SHIB) and Dogecoin (DOGE), BONK is a memecoin.

BONK is ranked #51 with a market capitalization of nearly $2.5 billion. The current market price of the token is 0.0000326 USDT

The BONK/USDT price had been on a down trend since mid of Nov’24. On the daily time-frame, the trend has broken out of the descending trendline, with good volumes. The RSI indicates an aggressive momentum in price. The next resistance is expected at 0.0000537 USDT and an immediate support is expected at 0.0000262 USDT.

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MintingM Rating – 3.5/5