📊💸 EOS, IOTA, HBAR prices lead 💸📊
EOS saw a significant price increase to $0.9570, marking a 36% rise since its low in December, elevating its market cap above $1.2 billion. This surge was triggered by Binance's announcement of an APR boost through their BNSOL Super Stake program, offering a distribution of 320,656 EOS tokens, valued at around $300,000, from January 6 to January 20.
In 2024, $EOS demonstrated growth as part of its strategic recovery, with its DeFi sector's total value locked increasing to over $254 million. This growth is attributed to initiatives like EOS Rex, Defibox, and Paycash.
Hedera Hashgraph's token, $HBAR , increased by more than 10% to reach $0.3200, a 630% rise from its 2024 lows. This rally is fueled by speculation surrounding a potential HBAR ETF, especially with Donald Trump's upcoming inauguration.
Eric Balchunas from Bloomberg's ETF strategy sector predicts SEC approval for a spot HBAR ETF, citing that Hedera has not been previously classified as a security by the SEC, thus improving the chances for ETF approval.
The Hedera ecosystem experienced expansion, with its TVL reaching $186 million, bolstered by platforms like Stader, Bonzo Finance, and HLiquity.
IOTA's price rose for three consecutive days, showcasing a bullish pattern known as "three white crows," which consists of three successive bullish candlesticks.
The price of $IOTA rebounded as predicted, forming technical patterns like a falling wedge and a double-bottom at $0.2785. This recovery is also in anticipation of the Rebased upgrade, which will add features such as staking, full decentralization, and parallelized MoveVM.
📍Disclaimer: This is not a financial recommendation, cryptocurrency investments are speculative, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance.
Thank you for reading.
#AltSeasonComing
{spot}(EOSUSDT)
{spot}(HBARUSDT)
{spot}(IOTAUSDT)