Aave’s price has jumped 15% thanks to a new governance proposal and a potential fee switch. The fee switch plan aims to collect transaction fees and use them to buy back AAVE tokens. This strong upward trend and positive market sentiment suggest that AAVE could potentially reach $200. The price of Aave (AAVE), the governance…
Notcoin’s price trend has been showing a consistent decline on the daily chart, forming lower highs and hitting a resistance trendline that limits bullish growth. The price has also fallen below the 50-day EMA, indicating a correction. However, a recent sudden increase in the crypto market hints at a potential bounce for Notcoin. This raises…
As Bitcoin’s price has risen back to $67,000, mid-cap altcoins have shown a strong bullish turnaround. Memecoins have also followed this trend, significantly increasing in value. In this article, we highlight the top 2 memecoins that could lead the memecoin craze in the upcoming crypto bull run. WIF Memecoin Price Analysis and Market Outlook…
As Bitcoin (BTC) approached $67,000 on Friday, the altcoin market, especially Ethereum (ETH), showed strong bullish signs. Many altcoins have been consolidating for several weeks, following a trend that started earlier this year. On-chain data reveals that institutional investors have been actively buying up altcoins, preparing for the expected peak of the crypto bull cycle….
A new 10-year analysis from Santiment shows that Litecoin and Dogecoin are top in altcoin adoption. Litecoin leads with 8.08 million non-empty wallets, showing strong investor interest, while Dogecoin has 6.69 million wallets, reflecting significant engagement despite being a meme coin. Litecoin also distinguishes itself by processing $2.85 billion daily in large transactions, highlighting its…
As spot Ethereum ETFs make their debut on U.S. exchanges, Citi forecasts a significant inflow of $5.4 billion within six months. Analysts are also predicting that Ethereum could reach a new all-time high of $5,000. This marks a major development in the crypto market. Citi Anticipates $5.4B in Ethereum ETF Inflows, Analysts Project ETH Rally…
Shiba Inu (SHIB) has dropped by 13% over the past week, mainly due to issues with Shibarium, its layer-2 blockchain solution. While the short-term outlook for SHIB is bearish, some analysts are still hopeful about its long-term potential. Shiba Inu (SHIB), the popular meme cryptocurrency, has seen a notable 13% drop in value over the…
Spot Ethereum ETFs have finally been approved in the United States, marking a major milestone for the cryptocurrency market. This is likely to increase institutional interest in Ethereum, the largest altcoin, and could also impact the market values of memecoins like PEPE. Looking at Bitcoin’s experience can be instructive. After the approval of its Spot…
Bitcoin dropped briefly on Sunday after U.S. President Joe Biden announced he wouldn’t run for a second term, leading to the liquidation of $159 million in futures contracts, as reported by Coinglass. However, the decline was short-lived. By early Monday morning, Bitcoin had recovered and even surpassed its previous level, reaching as high as $68,480.36….
Chainlink (LINK) is currently re-accumulating around $14.8, which suggests a potential breakout is on the horizon. This re-accumulation phase indicates a significant move could be forthcoming, with target prices set at $26.5 and $33. LINK’s strong fundamentals and growing adoption support its bullish outlook, positioning it for a possible breakout. Chainlink Poised for Potential Breakout…
Donald Trump’s upcoming speech at the Bitcoin 2024 Conference could affect Bitcoin’s price, and an Ethereum ETF launching on July 23 might boost Ether’s value. Rumors that Michael Dell might also appear at the conference could further impact Bitcoin. Bitcoin has risen nearly 20% this month, reaching around $67,286, partly due to expectations that Trump’s…
Toncoin (TON), the cryptocurrency associated with Telegram, has faced difficulties maintaining the $7.50 support level and has lost its previous upward momentum.The Relative Strength Index (RSI) reflects a lack of buying interest, staying below 50, which signals weakened demand. Additionally, there has been a 42% drop in active addresses, with investors holding onto their profits…
Fetch.ai (FET) is currently undergoing price consolidation as it nears the launch of the ASI token. This week, around 748 million FET, worth $1.06 billion, entered profitable territory. This is the first instance in a month where 70% of the total FET supply is in profit, which could lead to potential selling. Despite showing bullish…
Dogecoin (DOGE) and Shiba Inu (SHIB) have seen significant price increases recently. This surge is closely tied to Bitcoin’s upward movement, as Bitcoin often influences other cryptocurrencies. The rise in investor optimism and key market developments are also contributing to the boost in these meme coins. The recent rally in Dogecoin and Shiba Inu is…
Cryptocurrency experts are growing more optimistic about Shiba Inu (SHIB), with expectations of a notable price increase in the near future. SHIB KNIGHT, a respected figure in the crypto investment world, forecasts that SHIB could surge by 130% to reach $0.00005 if it breaks out according to the weekly chart. This forecast is based on…
Crypto markets are rising due to U.S. politics. Donald Trump, a key figure in the crypto world, has sparked increased interest in risky assets and boosted crypto trading after surviving an assassination attempt last week. Trump is favored by Wall Street, with major figures from Silicon Valley and the crypto sector investing heavily in his…
Shiba Inu (SHIB) has gained attention today as a major investor bought 2.7 trillion SHIB coins from a crypto exchange. This large purchase suggests potential for further price growth, with a possible target of $0.0000386. This report summarizes SHIB’s recent market activity and what it might mean for future prices. Major Whale Purchase and Shiba…
The first half of 2024 was very successful for Bitcoin (BTC), which hit an all-time high of over $73,500 in mid-March. It has increased by about 115% over the past year. In the following sections, we’ll explore key factors and upcoming events that might help Bitcoin reach a new peak before the year ends. Upcoming…
Solana has recently shown strong performance in the cryptocurrency market, breaking through significant resistance levels. On its weekly chart, Solana has successfully surpassed the 100 and 50 EMA resistance levels, indicating a bullish trend. This pattern suggests that the asset may continue its upward movement. Looking ahead, the long-term prospects for Solana could be even…
Dogecoin (DOGE) has recently surpassed 90 million wallet addresses, marking a significant milestone and demonstrating substantial growth in its user base. This surge in wallet addresses aligns with a 15% rise in Dogecoin’s value. The increase in wallet addresses comes during a broader revival in the cryptocurrency market, contributing to DOGE’s impressive new levels. Analysts…