These 3 cryptos saw significant gains in December

December 23, 2023 06:00 AM PST | By Invezz
 These 3 cryptos saw significant gains in December
Image source: Invezz

The cryptocurrency market is witnessing a notable rally, with Bitcoin (BTC) recently hitting a year-long high, reminiscent of early last year. This surge has brought in positive vibes, fueled by a blend of FOMO (Fear Of Missing Out) and YOLO (You Only Live Once) sentiments.

Amidst this resurgence, altcoins like Avalanche (AVAX), Filecoin (FIL), Maverick Protocol (MAV), and ScapesMania are viewed as potential candidates for significant gains. Markets experts are largely bullish in these digital assets, and investors are increasingly showing confidence as they consider the potential gains.

Let’s assess the market outlook and potential prospects for each of these coins.

ScapesMania: A rising star in the altcoin universe

Many cryptocurrency experts already see ScapesMania as a promising project for 2023 and beyond. It stands out by offering holders multiple revenue streams and significant potential ROIs during the presale. 

Companies and individual crypto traders seeking short- and medium-term gains may find ScapesMania’s proposition appealing. After the presale, the final sales stage price will be $0.01 per token, higher than the current value. 

Currently, there’s an active discount of nearly 70%. To discover more about the presale and participate, visit ScapesMania’s website.

ScapesMania’s value proposition

When examining ScapesMania’s tokenomics and other features, it becomes evident that it could emerge as a prominent altcoin to hold. The innovative gaming-related core concept, impressive presale statistics, and other favourable aspects have the potential to contribute long-term value to the coin. 

ScapesMania holders are encouraging others to participate in the presale and back the project for collective benefits. For more information about ScapesMania, visit its official website, Twitter account, and Telegram channel.

If you’re already enthusiastic about what ScapesMania brings to the table, here’s an exclusive opportunity for you: the special code YDW366. This offer is valid only for a short period from the article’s publication. 

Seize the moment to receive a 10% bonus by entering YDW366 in the designated field during checkout.

Avalanche: Ascent to the top 10

Avalanche has entered the top 10 cryptocurrencies by market capitalization, with a notable 138% growth in the past month. This surge showcases Avalanche’s resilience and potential, even amidst challenging market conditions.

A significant uptick in AVAX’s market value reflects a positive trend in investor confidence and established Avalanche as a prominent player in the cryptocurrency market.

Looking ahead, Avalanche’s fast and efficient proof-of-stake protocol may sustain investor interest. However, it needs to navigate the competitive landscape of blockchain technologies to maintain its growth momentum and preserve its market position.

Filecoin: Expanding horizons through strategic collaborations

Filecoin is advancing in the decentralized data storage sector through collaboration with io.net. This partnership aims to expand the use cases and revenue streams for Filecoin Storage Providers (SPs) and enhance hardware return on investment.

FIL is currently trading at $5.7, representing a 20% increase over the past 7 days. Given the strategic moves and collaborations, we can expect a positive trend in its market position.

The success of Filecoin’s collaborative initiatives and developments could significantly increase FIL’s market value. Still, Filecoin has to adapt to evolving demands in the decentralized storage market.

Maverick Protocol: a new contender in the DeFi space

Maverick Protocol is a prominent player in the DeFi ecosystem. As a composable decentralized exchange with an automated market maker, Maverick Protocol aims to improve capital efficiency for liquidity providers.

MAV, the ecosystem’s native token, has achieved an all-time high of over $0.55 in the beginning of the year, with a market cap exceeding $90 million. This growth indicates Maveric Protocol’s significance in the DeFi sector.

The future of Maverick Protocol relies on sustaining its innovative edge in the DeFi market. Despite its current impressive growth trajectory, maintaining momentum amidst the rapidly evolving DeFi landscape can be challenging.

Bottom line

2024 holds promise for cryptocurrency investing, so thoughtful choices are crucial. As the cryptocurrency market experiences a resurgence, altcoins like ScapesMania, Avalanche, Filecoin, and Maverick Protocol are drawing attention for their significant growth potential.
ScapesMania, with its innovative approach and successful presale, positions itself for potential gains in 2024.

You can explore ScapesMania’s offering further by visiting its official website, Twitter account, and Telegram channel.

The post These 3 cryptos saw significant gains in December appeared first on Invezz


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