The Shiba Inu burn has become a community culture for holders of the meme coin since it began two years ago. This tradition is aimed at reducing the total supply of SHIB tokens and consequently affecting positive price movement. August saw a sharp climb in the number of SHIB tokens […]
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AAVE Conquers $2 Billion Market Cap In 24 Hours; Analysts Forecast Big Gains For DTX Exchange and Avalanche
AAVE is one of the few coins trading near its 52-week high, and with yesterday’s gains, it has crossed the $2 billion market cap. Another coin selling at its 52-week high is DTX Exchange (DTX). Launched at $0.02, it has gained 200%, raising over $2.5 million in less than two […]
Ethereum Faces Potential Drop To $1,200 By December, Says Analyst Benjamin Cowen
According to Benjamin Cowen, CEO and Founder of ITC Crypto, Ethereum could be heading towards a significant price correction by the end of 2024. Cowen notes that the wedge pattern Ethereum has formed this cycle features higher lows, nearly 10x those of the wedge formed in 2019. However, the similarities […]
Has Bitcoin Entered A Bear Market, Or Is This Just A Temporary Pause?
A few months ago, optimism around Bitcoin was at its peak, with many expecting new all-time highs. However, that enthusiasm has since shifted, leaving investors wondering whether this is merely a quiet phase or the start of a prolonged bear market. 🧵A few months ago, optimism was soaring, with many […]
TRON Monthly Report: August 2024 Sees Significant Growth In Fees, Revenue, And Market Activity
TRON has reported a strong performance for August 2024, with positive growth recorded across multiple metrics, including fees, revenue, and total earnings. The platform’s Total Value Locked (TVL) remained stable above the $8 billion mark, while USDT continues to dominate TRON’s stablecoin market cap, accounting for approximately 99% at $58.5 […]
Ethereum’s Layer 2 Ecosystem Surges: Base And Arbitrum One Lead The Charge
Ethereum’s Layer 2 (L2) ecosystem is experiencing explosive growth, with Base and Arbitrum One emerging as the top contenders, boasting over 1.5 million active addresses combined. Base, in particular, has seen a remarkable rise in 2024, with active addresses skyrocketing from near zero to 1 million in just nine months. […]
Rising USDT Holdings On Exchanges Signal Potential Market Surge
USDT holdings on cryptocurrency exchanges have been climbing, hinting at a potential wave of buying pressure in the market. According to data from IntoTheBlock, $300 million worth of stablecoins flowed into exchanges yesterday, suggesting that investors may be positioning themselves to capitalize on the recent market dip. $300 million worth […]
Dogecoin (DOGE), IntelMarkets (INTL) and Solana (SOL): These Crypto Coins Could Skyrocket as the Market Recovers
People seek to find which tokens could surge as the crypto market recovers. This time, experts mention three names: Dogecoin (DOGE), IntelMarkets (INTL) and Solana (SOL). All these crypto coins have seen exciting developments that could trigger a rally. For instance, the Dogecoin Foundation released a new Trailmap update, IntelMarkets […]
DOGECOIN PRICE ANALYSIS & PREDICTION (September 10) – Doge Jumps 6% Daily In A Fresh Recovery, Are Bulls Back?
Dogecoin recently regained strength after witnessing a massive drop in the past months. While its bearish structure remains intact on the daily scale, it is currently looking bullish following a short rebound. August saw Dogecoin through an end to a broader correction following a monthly back-to-back drop to a local […]
APECOIN PRICE ANALYSIS & PREDICTION (September 10) – Ape Recovers With Double-Bottom Pattern, Is $1 The Next Target?
As the global market cap increases this week, Apecoin’s price increases and reach a new milestone in two months. This came after reestablishing support above $0.5, now sets for a strong recovery in the short-term. After plummeting below its launch price in mid-June, Apecoin advanced bearish and recorded another 50% […]
ETHEREUM PRICE ANALYSIS & PREDICTION (September 10) – Is $1.7k The Next Target For ETH In This Leg Down?
The bulls have continued to suffer a loss on a monthly scale as the market recently resumed a sell-off. This puts Ethereum in a more bearish state as it declined by 45% in four months. It is redistributing for a huge drop. ETH saw a slight rejection after almost reclaiming […]
BITCOIN PRICE ANALYSIS & PREDICTION (September 10) – BTC Is Approaching Sell Zones As It Retraces, Bigger Drops Ahead
Last Friday, Bitcoin saw a pause in selling after shedding a 12% loss in two weeks. It has been in a retracement mode for three days and is likely to resume selling as the price reaches a key breakdown level. Bitcoin’s mid-term outlook is still under the correctional phase following […]
Polygon’s Migration From MATIC To POL Triggers Trading Surge And Network Growth
Polygon’s recent migration from $MATIC to $POL has sparked significant changes, leading to data anomalies in its first few days. After a year of community discussions, the MATIC to POL upgrade is now live, marking a major milestone in Polygon’s evolution. From now on, all transactions on Polygon PoS will […]
Surge In Address Activity For Cardano, Quant, And Holo Signals Potential Crypto Rebound
As traders eagerly await a possible rebound in Bitcoin and the broader crypto market, three notable assets—Cardano (ADA), Quant (QNT), and Holo (HOT)—have seen a sudden spike in address activity. Historically, when coins experiencing a decline in value suddenly witness such activity increases, it often indicates a potential price bounce. […]
Bitcoin Sees Major Withdrawals As Large Holders Accumulate Amid Price Decline
This week, Bitcoin experienced $728 million in withdrawals from exchanges, signaling that large holders are continuing to accumulate despite the ongoing price decline. Addresses holding between 100 and 1,000 BTC have been steadily increasing their positions, even as Bitcoin’s price remains under pressure. Bitcoin experienced $728 million in withdrawals from […]
$AAVE Surges As Top DeFi Token, Expands Revenue Streams Amid Market Growth
$AAVE, one of the leading DeFi tokens, is experiencing a notable surge, climbing 6% in the past hour. It’s been one of the top tokens accumulated by “smart money” over the last 24 hours, signaling strong interest from investors. Even during the bear market, $AAVE consistently generated over $1 million […]
Friend.tech Faces Uncertainty As $FRIEND Token Drops 40% Amid Smart Contract Renouncement
Once a top SocialFi project backed by tier 1 venture capital firm Paradigm, Friend.tech $FRIEND is now facing serious challenges. Today, the $FRIEND token experienced a significant drop of 40%, leaving investors increasingly concerned about the future of the project. The price decline comes on the heels of the development […]
Whales Accumulate $SUNDOG As It Gains Momentum Across Major Exchanges
Recent on-chain data from Lookonchain reveals that whales are increasingly accumulating $SUNDOG. In the past four days alone, three newly created wallets have withdrawn a significant amount of $SUNDOG from MEXC. Wallets labeled TEKzxy, TGNrkv, and TPXvFH were all created within the same timeframe and collectively withdrew 6.8 million $SUNDOG, […]