Crypto traders are increasingly bullish on the Infinaeon presale, with some expecting the deflationary token to return 50X or maybe even more once it is listed on major exchanges. Other bullish movements in the crypto market include the APE coin rally, which has seen the Ethereum-based token that’s closely linked to the Bored Ape Yacht Club NFT collection spike by nearly 100% in seven days. ATOM, the Cosmos network’s native token, has also posted impressive gains of nearly 10% in 24 hours.
Infinaeon is a layer-2 scaling solution for Ethereum that aims to address the network’s congestion and high gas fees. The project’s presale offers early investors the opportunity to acquire tokens at a discounted price before they are listed on exchanges. This, combined with its unique tokenomics and upcoming features like a decentralized exchange (DEX) and a cross-chain bridge, has generated significant excitement within the crypto community.
This article will delve into the recent price rallies of APE coin and ATOM, exploring the factors contributing to their success. It will also examine the Infinaeon presale and discuss why it is attracting so much attention from traders and investors.
APE Coin Price Surges Following Brutal Crash
APE coin has been struggling for months. The token reached an all-time low earlier this year, shedding nearly all of its value since reaching $26 in 2022. However, over the past week, APE has rallied by nearly 100% to just over $1.5.
ATOM price has also rallied by over 10%, adding to its monthly gains that have come following a brutal crash from its all-time high of $44. It now trades for around $5 at a $2 billion market capitalization.
ApeCoin is the governance token of the ApeCoin DAO, a decentralized autonomous organization that governs the ApeCoin ecosystem. It is closely associated with the Bored Ape Yacht Club (BAYC) NFT collection, one of the most popular and valuable NFT projects in the world. ApeCoin holders can participate in governance decisions and access exclusive benefits within the ecosystem.
With a total supply of 1 billion tokens and a circulating supply of around 700 million, ApeCoin currently has a market capitalization of $1 billion. This is significantly lower than its near all-time high of $7 billion, reflecting the challenges the project has faced in recent months. However, the recent price surge suggests that there may be renewed interest in the ApeCoin ecosystem and its potential for future growth.
Traders Expect Infinaeon Presale To Return Over 50X
The Infinaeon presale has seen some massive purchases in ETH and BNB as traders try to position themselves for potentially massive gains. The layer-2 token has a myriad of features that have resulted in extremely bullish price predictions. The token is currently undergoing a presale, which will conclude at a $4.2 million hard cap and then list on major exchanges.
One of the key factors driving this excitement is Infinaeon’s unique tokenomics model. The project utilizes a deflationary mechanism, where a portion of the gas fees collected on the network is used to buy back and burn Infinaeon tokens. This process effectively reduces the circulating supply, creating scarcity and potentially driving up the price.
Furthermore, Infinaeon’s auto-compounding staking mechanism offers an attractive incentive for long-term holding. By staking their tokens, users can earn rewards that are automatically reinvested, leading to exponential growth over time. This not only benefits token holders but also contributes to the network’s security and stability.
The combination of these features, along with the project’s innovative Layer-2 scaling solution and the upcoming launch of its DEX and bridge, creates a compelling investment narrative for Infinaeon.
In a market where many projects are struggling to maintain their value, Infinaeon’s deflationary tokenomics and attractive staking rewards offer a refreshing alternative. As the presale continues and the project gains further traction, the potential for significant returns is becoming increasingly apparent.
Crypto traders are making bold predictions about the potential of the Infinaeon presale.
The Infinaeon Presale Bonus at 6% for a Limited Time
The Infinaeon presale is currently underway, offering early investors the opportunity to acquire tokens at a discounted price before they are listed on exchanges. To further incentivize participation, the presale features a bonus structure that rewards early birds with additional tokens.
Currently, the presale bonus stands at 6%. This means that for every purchase made during this phase, investors will receive an extra 6% of tokens on top of their initial investment. However, this bonus is set to decrease in the coming days, creating a sense of urgency for those who want to maximize their potential returns.
Join The Infinaeon Presale Now
Presale: https://presale.infinaeon.com/
Telegram: https://t.me/Infinaeon/
Discord: https://discord.com/invite/WSy65uAYfd
