The market remains optimistic as $ 2.62 billion worth of options on BTC and ETH expired on December 21. The two cryptos are trading way below the maximum pain points of $101,000 and $3,700 respectively. Large price swings by the two largest coins could have a trickle-down effect on the larger market. At the time of writing, ETH has dropped below $3,400 and BTC below $97,000.
New investor interest in Monsta Mash($MASH) continues to rise as the altcoin market shifts to bullish. The window for investing in the current price of $0.0018 is closing fast as buyers will pay double the price in the next phase.
Monsta Mash ($MASH) Sails Through Presale Phase2, Braces For A Surge
Powered by increasing investor interest, Monsta Mash’s presale recorded a huge increase in investors as its phase two reached 80%. The token price will increase from $0.0018 to $0.00365 in the next presale stage. Early investors could make the first 100% capital gains when the price doubles. Join the early birds for maximum returns when the price rallies. By early 2025, up to a 1000% price increase is anticipated. Projections show that the token could sell for $2 in the next year.
A high adoption rate for The Cryptids-Monsta Mash hybrid gameplay is anticipated which could raise the price of $MASH, the utility tokens that run its gaming platform. $MASH tokens facilitate all in-game purchases, pay for interface customization, and give participants voting rights on games’ future upgrades. $MASH rewards incentivize players to actively participate, creating a vibrant in-game economy. The constant tokens circulation from rewards to in-game purchases, maintains liquidity. Earned $MASH and those purchased could be staked for returns between 8% and 19% APY on Mash Yields.
Invest in $MASH for a possible 1000% capital gain by 2025
Anticipation is building around the Tap-to-Earn platform which will launch in a few days. The growing hype around the launch shows the platform could amass a large engaged player base quickly. As the platform expands more Tap-to-Earn features will be added. Previously launched P2E platforms like Rocky Rabbit have gained over 30 million active players only months after going live. Monsta Mash is expected to perform even better with its seamless gameplay experience and robust community support.
Bitcoin & Ethereum see $2.6 Billion disappear
BTC and ETH are experiencing temporary high volatility after huge options contracts amounting to $2.62 billion expired on December 21. Bitcoin leads with a total of $2.02 billion in expiring contracts while Ethereum accounts for $598.99 million.
BTC recently saw a pullback as its price dropped to $94,235. Currently, BTC is trading at $96,009 on CoinGecko after dropping by 1.3% in the last 24 hours. Its price could gravitate towards the $100,000 level especially if the expiring options lead to the price moving towards the maximum pain point at $101,000.
Ethereum is trading at $3,332, which is way below its maximum pain point of $3,700. In the last 24 hours, ETH has declined 1.8% in price and 1.4% gain in daily trading volume. On-chain data show a strengthening bearish trend for ETH indicating possible further declines.
Due to the size of the expiring options, the behavior of both Bitcoin and Ethereum could influence the larger crypto market as investors adjust their positions. All eyes will be on the two coins this weekend as traders adjust their positions.
Conclusion
The crypto market has been highly volatile since yesterday when large volumes of BTC and ETH options expired. Most altcoins changed their course and rebounded, some recording double-digit gains in 24 hours. The market continues to adjust through the weekend as traders adjust their positions.
Monsta Mash(MASH) sails through its presale after reaching 80% on phase 2. Investors jumping ship are landing on $MASH incentivized by the low token price of $0.0018 and possible high returns when the price breaks through in 2025. $MASH offers the best presale crypto to invest in this season.
Connect with the community through their social channels and download the Monsta Mash beta version on the Apple App Store and Google Play Store.
Invest in Monsta Mash:
- Website: Monsta Mash Official Site
- Buy $MASH Now: Secure Your $MASH Tokens
- Telegram: Join the Community Chat
- LinkTree: All Links in One Place
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