Despite the memecoin category recording a successful 2023, top tokens have started the year on a bearish note, indicating a decline in the interest of the investors in it. On the other hand, during the last week of January, low-cap memecoins displayed significant fluctuations in their respective charts. The increase of investments in low-cap memecoin...Read More
The Optimism price continues to display a positive trend by jumping over 6% within the past 24 hours, whereas the major tokens continue to record bearish trends in their respective charts. The Optimism price traded in a consolidated range between $3.595 and $4.099 for the first few days of the month, following which the market...Read More
With a market cap of $5.36 billion, the second biggest meme coin, Shiba Inu Price is preparing for a bullish breakout this month. As the market recovery anticipations are higher in February, with a proven track record over the year, the altcoins, especially meme coins, are preparing for a bull run. However, the SHIB price...Read More
Individuals interested in cryptocurrency would likely be familiar with the term ‘Low-Cap Gem.’ These assets, alternatively known as ‘small-cap gems,’ are frequently regarded by experts as the most promising altcoins for the potential of substantial returns on investment. With a plethora of such projects available, it is crucial to choose those that are authentic. This...Read More
Chainlink has surged ahead, leaping 9% to reach a price of $18.45, surpassing Tron (TRX) and achieving a market cap exceeding $10 billion. Chainlink (LINK) hits a 22-month high of $18, fueled by revived dormant wallets, reports Santiment. The influx of LINK back into circulation propels the market cap to over $10 billion, nearing Tron’s...Read More
Manta Network continues to grow despite the bearish pressures, as the bulls seem confident of reaching the higher targets. After the recent retest, MANTA appears to be ready for higher breaking out in the lower time frames. But the token managed to withstand the upward pressure, which paved the way for the bulls to initiate...Read More
The crypto markets appear to have approached a crucial phase of times wherein a small wrong step may ease out the accumulated bullish pressure. After facing a minor pullback, the cryptos have triggered a tiny rebound that indicates the tokens could be following a recovery phase in easy instalments. Although the entire market appears to...Read More
The crypto markets have evolved in the past few years as the latest tokens are gaining more attention and adoption than the other traditional altcoins. The top 10 cryptos have been growing marginally ever since the markets flipped during the last quarter of 2023. Although market trends rebounded in the first few days of 2023,...Read More
In recent times, Solana (SOL) has gained significant attention as its price has steadily rebounded from recent lows. This upward momentum followed Bitcoin’s surge toward the $40,000 level. However, amid this bullish sentiment, there has been a decline in Solana’s on-chain metrics. This decline is seen by a noticeable decrease in transaction fees, triggered by...Read More
In the wake of Bitcoin’s impressive rally toward the $40,000 mark, there’s a notable uptick in the meme coin sector, particularly seen in the increased buying interest for leading meme coins like Dogecoin and Shiba Inu. These meme coins have bounced back from their previous lows and are now targeting higher resistance levels. Additionally, the...Read More
The recent Bitcoin (BTC) pullback below $40,000 has dragged almost the entire altcoin industry in the past 24 hours leading to Tuesday. The sudden drop in the crypto price has resulted in the liquidation of more than $247 million from leveraged traders. The heightened selling pressure emanates from Bitcoin, whereby crypto whales have sold more...Read More
Ondo Finance, a U.S.-based issuer of tokenized securities, is suspected of selling 20 million ONDO tokens, resulting in a notable 13% decline in the currency’s price within a short timeframe. The situation raised concerns with an X crypto enthusiast doing further investigation into the token sale. Large ONDO Token Transfers Trigger Price Drop According to...Read More
Nearly two weeks after the approval and listing of several spot Bitcoin exchange-traded funds (ETFs) in the United States, it is safe to assume that the event had already been priced in during the fourth quarter of 2023 Bitcoin (BTC) bullish breakout. Furthermore, the recent accelerated Bitcoin selloff by whale traders, short-term holders, and miners...Read More
A recent study by CoinGecko reveals that over 50% of all cryptocurrencies listed on the platform since 2014 have met their demise. Of the 24,000+ cryptocurrencies listed on CoinGecko since 2014, 14,039 have been deemed ‘dead’ or ‘failed.’ Most Dead Coins Linked to 2020-2021 Bull Run The study, which analyzed the fate of these digital...Read More
Manta Network (MANTA), a blockchain project aiming to expand its reach in the Asian market, has found itself entangled in a controversy surrounding allegations of money laundering following its recent listing on the South Korean exchange Bithumb. The controversy emerged when DeFi enthusiast Definalist took to Twitter, suggesting potential misconduct by Manta Network on the...Read More
The meme coin sector remains under bearish pressure as Bitcoin experiences a significant decline, threatening to drop below the $40,000 level. In this situation, the price of Shiba Inu (SHIB) is caught in a downward consolidation trend, facing a low open interest. Despite positive factors like encouraging SHIB burn statistics and continuous network improvements, there’s...Read More
Solana Mobile’s latest crypto-enabled smartphone, Chapter 2, has set a new record for preorders, surpassing the entire first-year sales of its predecessor, Saga, within its first 30 hours of the announcement. The company reported 25,000 preorders in the initial 24 hours, and by the 30-hour mark, the number had skyrocketed to 30,000. Affordable Pricing and...Read More
Flare token has encountered substantial volatility in recent hours as short-term holders capitalized on the recent price rally. FLR token’s price quickly broke above resistance levels following Google’s cloud division (GOOGL) announcement of its participation as a validator and infrastructure provider on the Flare blockchain. However, this surge met considerable selling pressure near the resistance,...Read More
Cardano (ADA) network, a top-rated layer one (L1) blockchain with about $350 million locked by its web3 protocols, is on the final stretch of invalidating the 2022/2023 bear market. Following the 70 percent December breakout, Cardano bulls have enjoyed the upper hand, bolstered by the ongoing altcoin recovery. Moreover, the medium-capped altcoin, with a fully...Read More
The crypto industry has displayed a positive uptrend by adding over 7% to its valuation over the past day. Further, the Algorand price has displayed a jump of over 7% within the past day but has lost over 19% over the past week. The ALGO price traded in a consolidated range between $0.1823 and $0.2080...Read More
Following the breakout of the prominent weekly resistance trendline, the SHIB price takes a short stroll above the $0.00001025 level. However, the overhead supply force quickly leads to a retest phase in the first week of January 2024. With a possibility of a bullish failure due to the market-wide fall, Shiba Inu stands at a...Read More
Top cryptocurrencies have displayed a positive start to the year as the industry has witnessed a jump of over 5% in its valuation within the past 24 hours. Further, the LDO price has jumped over 11%, making it one of the top gainers in the crypto space for the past day. The Lido Dao price...Read More
This year witnessed a significant growth in the crypto market, with its total cap doubling. Starting from a low point of $800 billion, the market cap recently peaked at $1.7 trillion, marking the highest level since early May 2022, nearly 20 months prior. Interestingly, this surge is not mainly driven by Bitcoin, as seen in...Read More
Total crypto market capitalization has increased 4% over the past 24 hours to reach a 2023 high of $1.79 trillion on CoinGecko during Thursday morning Asian trading. The big move has pushed markets to their highest levels since early May 2022, almost 20 months ago. However, unlike in recent weeks, it is not Bitcoin driving...Read More
As the year 2024 dawns, the cryptocurrency market is witnessing a remarkable resurgence. After weathering uncertainty and volatility, the crypto landscape rebounded strongly in late 2023, ushering in what many call an “Altcoin Season.” This resurgence is not just a mere recovery but a powerful affirmation of cryptocurrencies’ enduring appeal and potential. In this context,...Read More
This week began with a downturn in the market, but it has since shown significant recovery, with Bitcoin approaching the $44,000 mark. As a result, major altcoins are seeing a surge in investment, aiding them in surpassing key resistance levels. As the year draws to a close, the upcoming week could bring increased volatility, potentially...Read More
cryptocurrency veteran Kyle Chassé shared his insights on the evolving landscape of meme-inspired cryptocurrencies. Chassé, known for his deep understanding of the digital currency realm, emphasized the critical role of meme coins in attracting newcomers to the cryptocurrency sector. Chassé compared the current excitement around meme coins to past frenzies, such as those involving Dogecoin...Read More
In recent days, DOGE price has experienced a slight surge, tracking alongside Bitcoin’s move towards the $43K mark. With an uptick in buying interest around current dip, the sentiment is set for a possible breakout for the meme coin. This momentum is supported by various on-chain indicators, particularly the notable increase in profitable Dogecoin addresses,...Read More
Bitcoin price has recently cleared the $41K level after a steep decline following cooling inflation reports. As the Producer Price Index (PPI) for November reported figures lower than anticipated and the Consumer Price Index (CPI) showed a decline, the crypto market experienced a minor buying demand. As a result, meme coins like Shiba Inu’s surge...Read More
Bitcoin and Ethereum continue to experience price drops in recent hours, marking a bearish start to the week. While this could be a standard correction ahead of a bull run, similar to patterns observed in past bull markets, there is growing worry about whale investors selling for profit, potentially postponing the anticipated bull phase. Ethereum,...Read More
