Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Mid March Sees New Fezoo (FEZ) Exchange Predicted to Explode 25X, Capturing Ethereum (ETH) Dencun Upgrade Buzz & Avalanche (AVAX) Interest
Mid-March has marked a pivotal moment for many crypto fans who now put their sights firmly on the upcoming Fezoo (FEZ) exchange launch. Meanwhile, Ethereum (ETH) investors buzz amidst the noise of the latest Dencun upgrade and Avalanche (AVAX) is getting noticed for its varying movements.
With all these fluctuations, investors looking for diversification are wondering what dynamics power this development and how the emergence of Fezoo (FEZ) promises a new era for decentralized trading.
Ethereum (ETH): Optimism Amidst Upgrades
Ethereum (ETH) recently flirted with the $4K mark, bolstered by low exchange supply and heightened demand. Released on March 13th the Dencun upgrade has built the basis for the network to scale and be able to process thousands of transactions per second. In the meantime, the Coinbase Premium and U.S. investor sentiment have retraced for the time being, even though on-chain metrics point to strong demand and bullish momentum. With the price trend remaining bullish above $3.1K, Ethereum (ETH) enthusiasts view market dips as buying opportunities.
Avalanche (AVAX): Scaling New Heights
In the broad bearish context drawn by the Bitcoin (BTC) retracement, Avalanche (AVAX) is pointing to $50 support, held in case of an extended correction. Reputed for its builder-friendly blockchain and three-party consensus mechanisms, Avalanche (AVAX) shows supremacy in scalability and speed. Some recent partnerships, such as the tokenized asset settlement system with ANZ, show potential growth in the ecosystem. With strong capital inflows and bullish indications the breakout above $40 of the Fibonacci Extension level, with Avalanche (AVAX) eyeing the $70 target, appears ripe for more gains.
Fezoo (FEZ): The Rise Of A Next Gen DEX
In a landscape washed with centralized exchanges, the Fezoo (FEZ) comes like a crown in the kingdom of innovation, offering absolutely frictionless and smooth trading. From instant deposits to the lowest fees and a VIP program, everything at Fezoo (FEZ) is designed for its users to be as accessible and profitable as possible. It has a revolutionary revenue-sharing model and decentralized governance to empower users and in line with that, it gives an early-bird promise of excellent returns. Now that Fezoo (FEZ) is preparing a move toward decentralized trading, it could not be happening at a better time. Investors are already drooling at the chance that its emergence could change the course.
In a way, the middle of March is indicating a meeting of enthusiasm and opportunity for the cryptocurrency market. Fezoo (FEZ) is all set to bring about some disruption with 25x rise prospects. At the same time, Ethereum (ETH) has some advanced resistance in technology and Avalanche (AVAX) with some resilience for the investors in store where any road ahead pledges an innovative, growing and prosperous path from capitalizing on market trends to adopting the future of decentralized trading.
Find out more about the Fezoo (FEZ) presale by visiting the website here.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
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