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Algorand Token Report – 29th Nov’24

ALGORAND Token Report

Algorand is a decentralized, self-sustaining blockchain network designed to support a diverse range of applications. It offers security, scalability, and efficiency—key attributes for real-world use. With reliable performance guarantees, Algorand enables innovative forms of trust in computational processes.

ALGO is ranked #52 with a market capitalization of nearly $2.8 billion. The current market price of the token is 0.34 USDT

The ALGO/USDT price had been consolidating since early 2024. The trend has broken out of the flat consolidation pattern with significant volumes. The RSI indicates an aggressive momentum in price. The next resistance is expected at 0.45 USDT and an immediate support is expected at 0.28 USDT.

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MintingM Rating – 3.67/5

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STEPN Token Report – 22nd Nov’24

STEPN Token Report

GMT is the governance token for STEPN, with a capped supply of 6 billion tokens. Players purchase GMT to burn within the STEPN app, enabling access to features like minting high-quality Sneakers, upgrading high-quality Gems and participating in governance voting.

GMT is ranked #130 with a market capitalization of over $553 million. The current market price of the token is 0.178 USDT

The GMT/USDT price had been consolidating since early Jul’24. The trend has broken out of the flat consolidation pattern with significant volumes. The RSI indicates an aggressive momentum in price. The next resistance is expected at 0.247 USDT and an immediate support is expected at 0.155 USDT.

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MintingM Rating – 3.67/5

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XRP Token Report – 15th Nov’24

XRP Token Report

The XRP Ledger (XRPL) is a decentralized, open-source, and permissionless technology. Its key advantages include low transaction costs, rapid transaction settlement, high scalability and environmentally friendly features (carbon-neutral and energy-efficient).

XRP is ranked #7 with a market capitalization of nearly $55 billion. The current market price of the token is 0.82 USDT

The XRPUSDT price had been consolidating since early Jul’24. The trend has broken out of the flat consolidation pattern with significant volumes. The RSI indicates an aggressive momentum in price. The next resistance is expected at 1.1 USDT and an immediate support is expected at 0.75 USDT.

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MintingM Rating – 3.67/5

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Ethereum Token Report – 8th Nov’24

ETHEREUM Token Report

Ethereum is a decentralized, open-source blockchain system with its native cryptocurrency, Ether (ETH). Functioning as a platform, ETH supports various other cryptocurrencies and facilitates the implementation of decentralized smart contracts.

ETH is ranked #2 with a market capitalization of over $350 billion. The current market price of the token is 2900 USDT

The ETH/USDT price had been consolidating since early Aug’24. The trend has broken out of the flat consolidation pattern with significant volumes. The RSI indicates an aggressive momentum in price. The next resistance is expected at 3550 USDT and an immediate support is expected at 2720 USDT.

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MintingM Rating – 3.67/5

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Gnosis Token Report – 25th Oct’24

GNOSIS Token Report

Gnosis is a collective of interconnected projects transforming payment infrastructure to make decentralized financial tools accessible and user-friendly for everyone. Anchored by Gnosis Chain—a secure, resilient, and decentralized EVM Layer 1 network—the Gnosis ecosystem also includes Gnosis Studio and GnosisVC, which drive development, investment, and incubation for a range of top decentralized solutions.

GNO is ranked #121 with a market capitalization of nearly $578 million. The current market price of the token is 214.2 USDT

On the daily time-frame, the trend had remained fairly neutral over the last couple of months. The trend has broken out a descending trendline with considerable volume support. An immediate support is expected at 180.1 USDT and next resistance is expected at 280.2 USDT.

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MintingM Rating – 3.5/5