A Better Hedge Than Gold?

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

Popular Crypto Trader Shares 2024 Predictions For These Three Altcoins

Murtuza Merchant
April 12, 2024

Popular pseudonymous crypto analyst Altcoin Sherpa on Friday shared his insights on three altcoins: Beam (CRYPTO: BEAM), Arbitrum (CRYPTO: ARB), and Render (CRYPTO: RNDR).

BEAM: A Bullish Bet On Crypto Gaming

Altcoin Sherpa expressed a “hugely bullish” sentiment on BEAM, describing it as a significant, indexed bet on the cryptocurrency gaming sector for the current cycle.

Despite its recent period of stagnation, the analyst remains committed to holding BEAM, viewing it not as a short-term trade but as a long-term hold.

“It’s just chilling the last several weeks. Still hugely bullish on this coin and it’s still an indexed bet on crypto gaming for this cycle. Going to just keep hodling, not a trade,” he tweeted.

Arbitrum Faces Challenges

The outlook for Arbitrum was less favorable, with Altcoin Sherpa predicting a potential decline in its price to $1.20 or lower.

The loss of the 200-day exponential moving average (EMA) was highlighted as a concerning technical development, possibly indicative of a larger retracement.

The analyst suggested a period of consolidation might be beneficial for ARB before any significant price recovery could occur.

“ARB: nasty price moves. I think this one looks like it's going to head to $1.20 or lower. I would like to see it consolidate and chill for a bit before forming a bottom,” Altcoin Sherpa explained.

Also Read: Hong Kong Poised To Approve Spot Bitcoin And Spot Ether ETFs: Report

Render Poised For Recovery

Regarding Render, Altcoin Sherpa advised traders to use Fibonacci retracements to gauge potential buy-in points, particularly focusing on the .382 and .50 levels.

Although expecting a possible drop to around $7.50, the analyst remains optimistic about Render’s prospects going into 2024.

“RNDR: you can now fib out the entire range and wait for the .382 and .50 fibs.

Strong coins like RNDR probably bounce a bit lower, aiming for the $7.50 level. Still bullish on this one though for 2024,” he noted.

Implications For The Future Of Digital Assets

These analyses are particularly timely as the cryptocurrency community looks ahead to Benzinga’s Future of Digital Assets conference on Nov. 19.

The event will likely explore the varying trajectories of gaming tokens like BEAM, as well as infrastructure projects like Arbitrum and creative industry tokens like Render.

Discussions will delve into how these assets are shaping the broader landscape of blockchain and digital currencies.

Read Next: Meme Coins Could Be The Secret Weapon For Web3 Adoption, Says Pantera Capital Investor

Photo: Shutterstock

Continue Reading...

Popular

Mark Cuban Reacts to Elon Musk-Donald Trump Feud

The escalating public feud between Elon Musk and President Trump has prompted a response from Mark Cuban.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Man whose parents were kidnapped after $245M Bitcoin theft has pleaded guilty to federal charges

A Connecticut man whose parents were kidnapped after he took part in a $245 million Bitcoin theft has pleaded guilty to fraud and money laundering conspiracy charges and has agreed to testify against his co-defendants, according to court documents that were unsealed this week.

OAN's Pentagon reporter learns the limits of expressing her own opinion

Assigned to cover the Pentagon for the conservative outlet One America News Network, Gabrielle Cuccia didn't pretend to be an unbiased reporter. She describes herself as “a MAGA girl” who is unapologetically defiant in her support of President Donald Trump.

The Father-Son Duo Revolutionizing Homebuilding - Ad

Paolo and Galiano Tiramani founded BOXABL with a disruptive idea: bring factory efficiency to homebuilding. Today, new homes can roll off their assembly lines in ~4 hours - with 700+ built already. Now, they're prepping for Phase 2, combining modules into larger homes and apartments.

Peter Schiff Says It Was His Economic Teachings That Made People Want To Buy Bitcoin: 'An Unintended Consequence'

Peter Schiff said Monday that his teachings on economics inadvertently led many to invest in Bitcoin (CRYPTO: BTC), despite his advice against it.

Trump-Musk Feud Gets Ugly: ETFs Exposed With Tesla Caught In The Crossfire

ETFs with high exposure to Tesla could be risky due to political tensions between Musk and Trump. TSLA stock plummeted and could impact ETFs.

Former Zillow Execs Target $1.3T Market - Ad

One co-founded Zillow. The other sold his company to Zillow for $120M. Now they're transforming a $1.3T market via co-ownership. Pacaso's already earned $110M+ in gross profit and reserved the Nasdaq ticker PCSO.

The iconic Goodyear Blimp is 100. To celebrate, a flight over Ohio

The iconic Goodyear airships are taking a victory lap over the skies of an Ohio city this week.

Anduril Raises $2.5 Billion At $30.5 Billion Valuation, Doubling In A Year As Defense Contracts Grow

Anduril Industries secures $2.5B in funding, led by Peter Thiel's Founders Fund, for its next-gen defense technologies amid rising global tensions.

The Stock Ticker Notable Investors Are Holding - Ad

They may not be trading on public markets, but Pacaso just reserved the ticker PCSO. Co-founded by the man who took Zillow from seed to IPO, Pacaso brings co-ownership to a $1.3T market. They've earned $110M+ in gross profits already. Well-known firms like Maveron even invested.

Musk vs. Trump: Tesla Slashes Cybertruck Prices After Feud Heats Up, Here's How Much You Need To Pay for It Now

In the wake of the public disagreement between Elon Musk and President Trump, Tesla has declared significant price reductions for its Cybertruck model.

Democrats Face Generational Reckoning as Calls for Younger Leaders Grow: 'We Have a Geriatric Problem'

Democrats confront internal pressure to replace aging leaders with younger voices amid growing concerns over succession and relevance.

Exposed: 3 Cent Crypto to Explode June 24th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Snack Wrap unwrapped: Here's why McDonald's is bringing back a fan favorite on July 10

If ever doubted it needed to bring back the Snack Wrap, consider this: Nine years after the fast-food powerhouse the item in the U.S., customers have continued to order it .

Britain is getting a defense boost aimed at sending a message to Moscow, and to Trump

LONDON (AP) — The United Kingdom will build new nuclear-powered attack submarines and create an army ready to fight a war in Europe as part of designed to send a message to Moscow — and Washington.

Why BlackRock is Hoarding 6X More Bitcoin Than Miners Produce - Ad

A Bitcoin supply shock is building. Institutions and ETFs are buying faster than miners can keep up - creating a shortage most investors haven't noticed. If Bitcoin hits $300K, altcoins could explode 1,000%+. We wrote Crypto Revolution to help you prepare.

Takeaways from AP's report on the business interests of Trump's surgeon general pick

PROVIDENCE, R.I. (AP) — President Donald Trump’s pick to be U.S. surgeon general has repeatedly said the nation’s medical and food systems are corrupted by special interests and people out to make a profit at the expense of Americans’ health. Yet as has criticized scientists, medical schools and regulators for taking money from the food and pharmaceutical industries, she has promoted dozens of products in ways that put money in her own pocket.

How high will Bitcoin go in 2025? - Ad

A new coin is emerging in the crypto bull market. Investing now could be like buying Bitcoin in 2013. Before it took off. Or scooping up Ethereum in 2017.. before it soared.

Musk threatens to decommission a key space station link for NASA

As President Donald Trump and Elon Musk on Thursday, the world's richest man threatened to decommission a space capsule used to take astronauts and supplies to the International Space Station.

Japanese court rejects damage claims against utility executives over Fukushima disaster

TOKYO (AP) — A Japanese court ruled former executives at the utility managing the tsunami-wrecked nuclear power plant were not accountable for the 2011 meltdown crisis and do not need to pay damages to the company.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

Chuck Schumer Wants Siri To Play 'Bad Blood' As Elon Musk, Donald Trump Feud Each Other — Mike Johnson Sings A Hawkish Tune

The escalating feud between Elon Musk and Donald Trump has sparked reactions from political leaders, with figures like Chuck Schumer and Mike Johnson weighing in as the conflict threatens to impact both the GOP and Musk's business empire.

How To Build a Home in Nearly 4 Hours - Ad

The U.S. is short 2.3M homes, making affordable, efficient housing critical. BOXABL brought assembly lines to construction, building homes in hours, not months. With 700+ built and one of America's largest homebuilders as an investor and partner, they're growing fast.

Europe's central bank expected to lower interest rates as Trump's trade war threatens growth

FRANKFURT, Germany (AP) — Lower inflation and concern that will slow already modest growth have cleared the way for the European Central Bank to cut interest rates at Thursday's policy meeting, a step that would lower borrowing costs for consumers and businesses and promote economic activity.

Finland accuses senior crew of Russia-linked vessel in damage of undersea power cable in Baltic Sea

HELSINKI (AP) — Finnish authorities have accused senior officers of a last year between Finland and Estonia of criminal offenses related to the wreckage.

A Better Hedge Than Gold? - Ad

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

US Aluminum Tariffs Risk Supply Chain And Food Security, Industry Insiders Warn

Canadian Aluminum Assoc. condemns 50% US tariff on Canadian aluminum, citing negative economic impact on North America & potential trade shifts.

Musician Made $3 Million From NFTs — Then Faced a Brutal Tax Hit and Crypto Crash

Jonathan Mann, a non-fungible token (NFT) artist, has spun his taxing experience with cryptocurrency into a song.

The Father-Son Duo Revolutionizing Homebuilding - Ad

Paolo and Galiano Tiramani founded BOXABL with a disruptive idea: bring factory efficiency to homebuilding. Today, new homes can roll off their assembly lines in ~4 hours - with 700+ built already. Now, they're prepping for Phase 2, combining modules into larger homes and apartments.

Amazon And Google Backed AI Startup Anthropic Reportedly Hits $3 Billion In Annualized Revenue — Where's ChatGPT-Parent OpenAI At?

Anthropic, the Amazon- and Google-backed AI startup, has reportedly hit a $3 billion annualized revenue run rate, underscoring rapid enterprise adoption of its Claude models even as rival OpenAI projects $12 billion in total 2025 revenue.

Confusion on sensor plane's abilities delayed response in Ohio train derailment, report says

A specialized plane equipped with advanced sensors that the government deploys to chemical disasters could have helped authorities avoid needlessly blowing open five rail tank cars and burning their toxic contents after the , a new report says.

Former Zillow Execs Target $1.3T Market - Ad

One co-founded Zillow. The other sold his company to Zillow for $120M. Now they're transforming a $1.3T market via co-ownership. Pacaso's already earned $110M+ in gross profit and reserved the Nasdaq ticker PCSO.

Marjorie Taylor Greene Says She's 'Adamantly Opposed' To Trump's 'Big Beautiful' Bill Over This AI Provision: 'I Would Have Voted NO If I Had Known This Was In There'

Rep. Marjorie Taylor Greene is threatening to oppose Trump's spending bill over a provision banning state AI regulation, calling it a violation of states' rights and warning it could derail the legislation in the narrowly divided House.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service