Memeinator (MMTR), Tectum (TET), Solana
Memeinator's token sale has raised over $3 million in the past few months.
The Tectum Token rose as investors cheered the growth of its owners.
As his demand waned, Solana remained under intense pressure.
Cryptocurrency prices are having a big week that could set the tone for the rest of the year. The Securities and Exchange Commission (SEC) is expected to approve Bitcoin ETFs such as BlackRock, Invesco, Fidelity and Franklin Templeton.
The SEC has already asked them to submit their final amendments ahead of a vote set for this week. Most experts believe that the agency has no reason to deny these applications because companies have already implemented the mitigation measures that the agency has requested. This article looks at some of the top cryptocurrencies to watch this week, including Memeinator (MMTR), Tectum (TET), and Solana (SOL).
Memeinator prediction
One of the upcoming meme coins, Memeinator has continued to do well over the past few months. The company has raised more than $3 million in token sales that have been going on for the past few months. This makes it one of the fastest growing brands in the industry.
Memeinator aims to be the next big thing in the crypto industry. In fact, it is now aiming to become a major player in the meme coin industry with the likes of Dogecoin and Shiba Inu. It also aims to beat the new age meme coins like MEME, Pepe and Bonk, which surged strongly in 2023.
Memeinator aims to achieve this by creating an active and enthusiastic community within the ecosystem. It also aims to create an ecosystem built around games and NFTs in the future. Also, the developers want to incorporate artificial intelligence (AI) concepts into the ecosystem. You can buy MMTR token here.
Tectum value prediction
Tectum is a blockchain project that claims to be the fastest in the industry. According to its website, it can handle more than 1 million transactions per second. This is a huge figure considering that Ethereum has less than 30 TPS. It is faster than other popular networks like Fantom, Avalanche and Tron.
TET, the token, was one of the top performers over the weekend due to increased demand for the token. According to the website, the owners jumped over 12k on the ERC20, BEP20 and T12 networks. TET is used to withdraw soft notes, merchant charges, tectum gas charge and bridge token charges.
The 4H chart shows that the TET crypto price has been on a strong upward trend over the past few weeks. It moved to $45 from a low of $9.07 in December. It remains above the 50-day and 25-day exponential moving averages (EMA).
The outlook for Tectum remains bullish, the next point to watch is its YTD high of $45. A break below the support at $35 will invalidate the bullish view.
Solana price forecast
The price of Solana has seen a drastic change in the last few days. After reaching $126 in December, the token has recovered to $96. It remains below the 50-time and 25-time moving averages. The coin's Relative Strength Index (RSI) continues to fall and is hovering near the oversold level.
Therefore, Solana's price outlook is weak, the next point is $84.70, the lowest swing on January 3. A move above key resistance at $100 will invalidate the bearish outlook.