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MANTRA PRICE ANALYSIS & PREDICTION (July 13) – OM Faces Rejection After Rallying By 25% In A Week, What Next?
While several altcoins have recorded a heavy loss in the past months with some trading back at their bottom, OM traded well above a key price level for three months and resumed bullish. During the past months of the clampdown, OM saw little reduction compared to other cryptocurrencies that recently fell to a new yearly low after losing more than half of their valuation in three months. Instead, the asset held its short-term gain and subjected its bullish trend to a sideways movement for a good three months. During this period, trading volatility dropped on a weekly scale but it...
Shiba Inu Trader Says These Ethereum Altcoins Are Forming a Daily Bull Flag, What Happened Last Time?
A prominent Shiba Inu trader has identified bullish patterns, known as daily bull flags, forming in certain Ethereum altcoins. This technical indicator suggests a potential upward movement in these assets, reminiscent of a similar setup that previously led to significant price increases. As traders and investors take note of these patterns, the focus shifts to RCO Finance (RCOF) and whether history will repeat itself with this ETH token. This analysis could provide valuable insights for those looking to capitalize on potential market movements in the Ethereum ecosystem. RCO Finance: Decentralized Finance for Everyone Among these Ethereum altcoins, RCO Finance (RCOF)...
Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely
According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero argued that at the time, Web3 companies had not “even figured out the best ways to use NFTs in loyalty programs.” NFT-Based Loyalty Program Failures Tarnished Tech’s Reputation While their adoption of the technology signaled a positive development for the blockchain industry, the apparent failure of such loyalty programs has tarnished the reputation of NFTs, the Travala CEO argued. However, in his written answers to...
