Hedera Hashgraph, Catizen prices soar as traders eye Vantard

Cryptocurrencies
were
fairly
mixed
on
Monday
as
Bitcoin
remained
stubbornly
above
the
important
support
level
at
$90,000.
Hedera
Hashgraph
(HBAR)
token
surged
to
a
high
of
$0.1490,
its
highest
level
since
April
24
and
256%
above
its
lowest
point
this
month. 

Similarly,
Citizen
(CATI),
the
popular
Telegram
game,
jumped
for
four
consecutive
days,
reaching
a
high
of
$0.70,
its
highest
point
since
September.
Notably,
investors
continued
to
eye
Vantard,
an
upcoming
cryptocurrency
that
seeks
to
create
a
meme
coin
index
fund.

Why
Hedera
Hashgraph
and
Catizen
soared

Hedera
Hashgraph
token
surged
after
a
leading
company
applied
for
a
spot
HBAR
ETF
in
the
United
States.
This
application
is
taking
advantage
of
the
recent
Donald
Trump
election,
which
will
likely
usher
in
a
new
era
in
the
crypto
industry. 

Unlike
Joe
Biden,
Trump
has
comeout
in
support
of
the
crypto
industry
since
he
has
a
skin
the
game.
As
such,
there
is
a
likelihood
that
the
SEC
will
approve
new
crypto
ETFs
at
a
faster
pace
in
the
coming
year.

Hedera
Hashgraph
is
seen
as
an
ideal
candidate
for
an
ETF
because
of
its
use
case
and
the
fact
that
it
counts
influential
companies
like
Google,
Mondelez,
and
IBM
as
members
of
its
governance
council. 

The
main
issue
with
Hedera
is
that
it
often
has
low
volume
and
it
has
not
attracted
many
developers
in
its
ecosystem.
As
such,
even
if
the
ETF
is
approved,
it
is
unclear
whether
it
will
gain
popularity
among
institutional
investors. 

Citizen,
on
the
other
hand,
is
a
top
player
in
the
tap-to-earn
ecosystem
that
has
grown
rapidly
in
the
past
few
months.
As
shown
below,
its
rebound
was
mostly
because
of
technicals
since
it
had
formed
a
falling
wedge
pattern
before
its
comeback.
There
is
a
likelihood
that
the
token
will
surge
to
a
record
high
of
$1.2,
which
is
about
60%
above
the
current
level.

Vantard
token
sale
is
accelerating

Meanwhile,
investors
have
shifted
their
focus
to
Vantard,
a
popular
crypto
project
that
is
in
its
token
sale.
Vantard
has
raised
over
$844,000
from
investors,
a
trend
that
could
continue
as
meme
coins
jump.

Vantard
is
based
on
the
idea
that
meme
coins
do
well
over
time.
Recent
data
show
that
meme
tokens
like
Dogecoin,
Floki,
and
Dogwifhat
have
outperformed
major
cryptocurrencies
like
Bitcoin
and
Ethereum. 

Vantard’s
strategy
is
to
create
a
meme
coin
index
fund
that
will
track
the
biggest
and
most
promising
tokens
in
the
industry.
As
such,
instead
of
investing
in
all
these
coins,
one
can
buy
the
VTARD
token
and
gain
exposure
to
some
of
the
best
coins. 

The
developers
hope
that
their
tokens
will
thrive
as
Trump
is
set
to
simplify
cryptocurrency
laws
while
the
Federal
Reserve
is
expected
to
continue
cutting
interest
rates
through
2025.
You
cann
learn
more
about


Vantard
here.