The crypto market is soaring, making 2024 a pivotal year for investors looking to earn without active trading. Altcoins are at the forefront of this trend, promising the potential for earnings even when one is not actively buying and selling. The market’s current climb has spotlighted several standout coins that might serve as income sources. Continue reading to discover key players in this space and how they could enhance your investment strategy in these bullish times.
BlastUP Presale Ends in Few Weeks, Last Chance to Buy Cheap
BlastUP presale has sparked avid interest among crypto enthusiasts, surpassing $6 million in record low time. Around 15,000 savvy investors have already bought BlastUP tokens before their value skyrockets.
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The presale runs until the end of May, so there is some time to boost your crypto holdings with BlastUP, the asset poised for explosive returns of up to 1000%. Currently sold at a few US cents, BlastUP tokens are projected to reach $10 by the end of this year.
Holders of BlastUP tokens may benefit from a number of privileges including participation in an Airdrop , exclusive loyalty rewards for participating in IDOs, and the ability to earn interest through staking.
BlastUP stands out from the crowd in the crypto world. Backed by Blast, the sixth largest blockchain by TVL, it offers genuine utility as a launchpad for DApp ventures. With its motto Grow faster, earn more, BlastUP is dedicated to propelling the success of blockchain startups. Those who join BlastUP now become part of a project poised to become the next big thing in this bull run.
>> Time is Ticking – Buy $BLP Before May Ends! <<
Cosmos (ATOM) Struggles as Price Wavers in Narrow Range
The price of Cosmos (ATOM) has been moving between $8.13 and $9.17. In the past week, it dropped by about 10%, and over the last month, it went down by over 3%. Its value decreased by more than 16% in the past six months. The current price is close to the 10-day average of $8.13, but below the 100-day average of $8.44. The RSI, a tool used to measure if things are oversold or overbought, is at 30.53, suggesting it might be oversold. The price is trying to find a stable point and it seems to be in a corrective move rather than a strong upward or downward trend.
Polkadot’s Current Price Fluctuations and Future Outlook
Polkadot’s price is moving between $6.32 and $7.20. After a week, it’s down by 6.44%, and looking back a month, it fell by 4.53%. But over six months, it’s up by 22.24%. The coin is between two levels: it has support at $6.02 and faces resistance at $7.77. The price seems to be correcting now, staying slightly above the 10-day average of $6.52. With an RSI of 47.14, it’s not in the oversold or overbought zone, suggesting a balanced market sentiment.
Render (RNDR) Price Moves Towards Key Resistance
Render’s current price fluctuates between $9.63 and $11.81, heading towards a resistance near $12.80. If it passes this point, the next challenge lies at $14.98. It finds support at $8.44, with a stronger base at $6.26. Lately, RNDR traded lower than the 10-day average of $10.08 and the 100-day average of $10.73. With an RSI of 34.21 and Stochastic at 45.67, it shows no strong momentum. The MACD level at -0.13 suggests it might be preparing for an upward move. Prices have dropped by 4.27% in a week, yet they are up 10.16% over the past month and have made an impressive jump of 226.67% in the last six months. These changes point to a corrective phase with potential for impulsive growth if resistance levels are broken.
Aptos Price Movement and Outlook
Aptos has been trading between $7.92 and $9.18 recently. It may face hurdles near $10.01 and could see more resistance at $11.27. If it falls, it might find support at $7.48 or even $6.22. Over the past week, Aptos dropped by roughly 10.47%, and over the past month, it fell by 17.83%. Looking at a broader time frame, it has gained 7.85% in the last six months. The current movement seems more corrective due to the recent negative changes in price. The RSI and Stochastic indicators suggest that Aptos is neither oversold nor overbought, this points to a potential for more range-bound trading in the short term, making it difficult to predict a clear direction for the price. However, with the moving average indicators close to the current price, Aptos may have the potential for stability in the near future.
Conclusion
In the surge of 2024’s bull run, altcoins like ATOM, DOT, RNDR, and APT offer ways to earn passive income, although their short-term potential may not be as high. Among these, BlastUP stands out with the greatest potential for passive earnings. Its strong concept and integration into the Blast ecosystem set it apart. Investors looking for promising opportunities should consider BlastUP’s potential impact on their portfolio.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
The post Top Altcoins to Generate Passive Income in 2024! appeared first on BitcoinWorld.
Top Altcoins to Generate Passive Income in 2024!
