• Crypto strategist Cantering Clark is bullish on Ethereum-altcoin Hashflow Token (HFT) and building a spot position in the cryptocurrency.
• HFT has given a breakout from its accumulation zone, with a current valuation of $128 million and trading at $0.6898 at press time.
• The Hashflow blockchain plans to launch Hashverse, a gamified, story verse-driven decentralized autonomous organization (DAO).
Hashflow Token: Set for Huge Rally
Crypto analysts are betting big and predicting a huge upside for one such Ethereum-altcoin, Hashflow Token (HFT). The technical chart shows that HFT is giving a breakout from its accumulation zone. In a Twitter message, crypto strategist Cantering Clark told his 160,000 followers that he’s quite bullish about the token and is building a spot position in the cryptocurrency.
Cantering Clark’s Bullish Predictions
In his tweet, Cantering Clark wrote: „The last tickerless chart I shared did a 3x this week. I have been building a spot position in this one patiently because the setup is looking like it has quite a move ahead of it.“ He further added that HFT looks like it will push much higher before what is probably going to be an extended corrective re-accumulation period.
About Hashflow Token
Hashflow Token (HFT) has relatively low market cap of just $128 million at press time and is currently trading 7.7 percent up at $0.6898 price point. The roadmap for 2023 states that the Hashflow blockchain plans to launch Hashverse -a gamified, story verse-driven decentralized autonomous organization (DAO)- which will allow users to stake tokens complete quests as well as earn non-fungible tokens (NFTs). To ensure interoperability and zero slippage, the token was built on Ethereum Layer 1 competitor Fantom (FTM).
Altcoins Gaining Momentum
In the crypto market recovery of 2023, altcoins have delivered exceptional performance with giants like Ethereum rallying by 40 percent while other altcoins pose gains even higher with 70-80 percent increases in value. This trend bodes well for other cryptocurrencies including HashFlow Token which could see massive gains over short time frames as traders take notice of potential opportunities presented by these coins.
Altcoins have seen tremendous growth in recent times due to market recovery paving way for potential investments from traders who may look towards long term profits from such investments. Cryptocurrency HashFlow Token has already seen some positive signs of growth along with its competitor Fantom making it an attractive option for many investors looking to capitalize on short term gains provided by such coins along with their long term potential benefits as well