Bitcoin (BTC) and Ethereum (ETH) still set the pace for the crypto market. Bitcoin (BTC) drives new money inflows, while Ethereum (ETH) affects the entire token ecosystem and serves as collateral or liquidity for decentralized trading. The market is still down more than 20% from its peak, but simulations predict a new surge in weeks. The momentum may also boost the position of Clandeno (CLD), which has now opened the presale stage of its ICO.
Bitcoin (BTC) tracked downward to erase leveraged long positions, leading to the biggest liquidation event since 2022. After clearing those positions, Bitcoin (BTC) may be on track for another rally, this time targeting short traders. Bitcoin (BTC) readily bounces from lows, moving from the $55,000 range up to $58,386.66 within hours. The trading volumes for Bitcoin (BTC) also expanded close to $40B in 24 hours, nearly doubling after several slow weeks.
A Bitcoin (BTC) recovery may also spark more optimism for buying a new selection of ICO tokens. Clandeno (CLD) positions itself as a prime asset with the potential for a 1000X rally.
Ethereum (ETH) managed to stop its fall to just under $3,000, before attempting a recovery at that price level. Ethereum (ETH) traded at $3,147.73 as traders boosted volumes to above $13B in 24 hours.
Ethereum (ETH) still aggregates more than $50B in value, based on its major decentralized exchanges and lending protocols. At this price level, an Ethereum (ETH) recovery would also benefit multiple tokens. A newly launched ICO token like Clandeno (CLD) would benefit even more from even a small Ethereum (ETH) rally.
Clandeno (CLD) offers the growth potential of a new token, tied to an expanding platform. Clandeno (CLD) will be the native asset of a new marketplace for real-world products or even real estate listings. All offers on the Clandeno (CLD) ecosystem will be sold entirely for crypto coins or tokens.
Clandeno (CLD) will cap its supply at 525M tokens, setting aside 365M for its presale. All token holders will receive perks, including additional token flash sales. Clandeno (CLD) tokens will grant the right to vote on the platform’s future, as well as receive a share of the online marketplace fees.