Cryptocurrency prices were under pressure last week as concerns remained over the trade war between the US and its top trading partners.
Bitcoin (BTC) swayed between $95,000 and $100,000, but the Crypto Fear and Greed Index moved to Fear Zone. Explore some of the top cryptocurrencies to watch next week, including TapSwap, Aptos (Apt), and Berachain (Bera).
tapswap
TAPSWAP, the popular telegram tap-to-year game, will be in the spotlight on February 14th when it launches a token generation event or airdrop.
This is a notable event as it has been postponed several times in the past. Also, Tapswap had over 70 million players at its peak, making it an important airdrop.
Therefore, many participants will want to cash out when the token becomes available in exchange. On top of that, Arn tokens from other taps like Notcoin (not), Hamster Kombat (HMSTR), and Catizen (CATI) crashed after airdrop.
Tapswap has been working to ensure that Taps tokens work in the long run. For example, developers are working on skills games that they hope to provide more utilities. They also started a race against the $1 million prize pool.
Unlike the Yearn Game from other TAPs, TapSwap will be released on the BNB chain. BNB chains are faster, scalable, and have millions of users.
Aptos
Popular Layer-2 network Aptos (APT) will focus this week as it continues to unlock tokens on Monday. Unlock $66 million or 1.98% float tokens. It has already unlocked about 44% of its 1 billion APT tokens.
These unlocks occur as APT prices continue to fall. Last week it fell to a low of $4.46, 71% below its lowest level since August 5th and the highest level in December. This crash will be one of the worst performance tokens in cryptography.
It’s below the 50-day moving average and one-sided cloud. On the positive side, the token formed a double bottom pattern with $4.46 on the bottom and $15.30 on the neckline.
Double bottoms are a very popular inverted sign. This means that the token could bounce back later this year. This bullish view continues as long as it is above $4.46 over the double bottom.
Bella Chain
Berachain is another top-notch cryptocurrency to watch a week after launching the highly anticipated Airdrop. Inspired by the cannabis smoking bear NFT, the Bella token initially surged to a high of $15.45 before crashing into $6.
This is a price action similar to other airdrops that have recently been released. For example, Wormhole’s prices fell 90% from the after-high, while Hamster Kombat and Catizen fell almost 100%.
Therefore, as traders monitor performance, Bellachine prices become focused. On top of that, it has some very bullish basics, a total of $1.855 billion higher than popular chains like Avalanches and Cardano.
Some of its biggest ecosystem daps are Kodiak, Concrete, Berabrower, and Satlayer.