The Best Hidden Gems Cryptos To Buy Before The Bull Run:

Key Takeaways
  • Pawfury (PAW) gains attention with its innovative presale rewards and growing community.
  • Avalanche (AVAX) breaks key resistance, eyeing a potential 70% rally.
  • Polygon (MATIC) shows resilience, supported by substantial whale investments.
The Best Hidden Gems

August Crypto Market: AVAX, MATIC, DOT & PAW Shine

Currently, the cryptocurrency market gains positive momentum. Despite previous volatility and regulatory hurdles' mixed influence, August has ushered in renewed confidence for the market. Investor sentiment benefits from July cooling of the U.S. PCE inflation data to 3%, largely attributing this shift to positivity. 

Bitcoin and Ethereum, major cryptocurrencies, demonstrated significant gains. It was Bitcoin specifically that increased by more than 2% in the previous week. This optimistic market setting, providing a promising backdrop, fuels our analysis of four specific tokens: Avalanche, AVAX MATIC DOT Pawfury – all positioned for potential growth in forthcoming periods.

Pawfury (PAW) - The New Crypto Superstar
Pawfury  is quickly establishing itself as the new crypto superstar in the market. With its dynamic presale rewards, Pawfury (PAW) offers significant benefits to its holders. The strong and growing community backing this coin, coupled with ongoing development efforts, showcases its immense growth potential. As an innovative and strategic investment option, Pawfury (PAW) is attracting widespread attention from investors looking for high returns in a competitive landscape. This emerging superstar is set to dominate the crypto market, promising robust growth and long-term success.

Pawfury

Token Distribution Benefits for Early Pawfury Investors Pawfury’s presale is crafted to ensure fair token distribution and provide benefits to investors. Featuring multiple stages with increasing prices, the structure rewards early participants with lower token costs. This model not only builds excitement but also attracts capital, enhancing liquidity and market stability.

To celebrate its success, investors can now enjoy a 10% extra bonus on their first purchase on Pawfury using the promo code “EXTRA10X” for a limited time.

  • August 2024 top tokens
  • Avalanche (AVAX): Breaking Barriers and Eyeing New Height

    Currently, Avalanche (AVAX) stands at a critical juncture in its market voyage. The token recently conquered an imposing resistance level of $20.65 – a barricade that had stunted its price for more than one year. Such a pivotal breakthrough transforms this resistance into a fresh support, while also paving way for significant upward trajectory and thus marking it as a crucial development on the graph of the Avalanche (AVAX) performance.

    Avalanche

    Source: TradingView

    Avalanche (AVAX) is trading within a range of $13.29 to $27.07, with the 10-day moving average of $21.08 and the 100-day moving average of $12.28. The support level is identified at $5.2, while resistance levels are at $32.75 and $46.53.

    Looking ahead, if Avalanche (AVAX) sustains its position above the $20.65 level, it could ignite a significant rally, potentially reaching a target of $35, marking a 70% increase. In an extremely bullish scenario, Avalanche (AVAX) could even push towards the $40 mark, doubling its value. However, a fall below the immediate support point could trigger a 22% decline towards the $16 defense zone, highlighting the delicate balance in the market.

    Polygon (MATIC): Riding the Wave of Whale Investments

    Amidst market fluctuations, Polygon (MATIC) price has demonstrated resilience: it rebounded from recent lows and preserved a significant portion of its monthly gains. Bolstered by substantial whale investments, such recovery hints at a robust foundation for future stability and growth in value.

    Polygon

    Source: TradingView

    Polygon (MATIC) price oscillates between $0.412 and $0.457, with the 10-day moving average of $0.564 and the 100-day moving average of $0.482. The support levels are at $0.057 and $0.422, while resistance levels are at $0.8 and $0.916, indicating the market with a significant growth potential.

    Whale investments pouring in and token's resilience from previous lows present a favorable outlook for Polygon (MATIC). Yet, we should tread with cautious optimism due to the crypto market volatility. Large investors sustain their interest, while the network experiences escalating activity – both are promising indicators. Anyway, those predictions regarding the token's future price trajectory largely depend on overarching market trends and investor sentiment.

    Polkadot (DOT): Weaving the Web3 Future with Strategic Investments

    The crypto space has seen Polkadot (DOT) strategically maneuvering: the Web3 Foundation,  an affiliate of Polkadot (DOT), recently declared a $1M investment in on-chain treasuries. This action demonstrates the growing importance of tokenization and underlines the profound integration of real-world assets (RWA) with blockchain technology.

    Polkadot

    Source: TradingView 

    Polkadot (DOT) price currently sits between $4.37 and $6.12, with the 10-day moving average of $5.27 and the 100-day moving average of $4.44. The support levels are at $3.82 and $2.67, while resistance levels are at $6.77 and $8.33, indicating a market that is ripe for growth, but also subject to volatility.

    The Web3 Foundation's investment in on-chain treasuries underscores their commitment to innovation and growth – this strategic move could bolster Polkadot (DOT)'s market position on the condition that broader market sentiment continues favorably. However, a conundrum presents itself: how does one strike a balance between daring innovative ventures and maintaining steadfast market stability?

    Conclusion

    In the current upbeat crypto market, Avalanche (AVAX), Polygon (MATIC), Polkadot (DOT) and Pawfury emerge as notable contenders. Pawfury's innovative approach positions it for growth as it enters the broader market. 

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