Most meme coins have experienced significant reductions in the past few days with Dogwifhat which is now back in a downward range after a short retracement. It is currently one of the top losers with an 8% drop. Following a little suspense in the bearish correction, which came after locating […]
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AAVE PRICE ANALYSIS & PREDICTION (August 2) – Aave Breaks Out To A New Multi-Month High, Signals Bullish Move
While most altcoins are currently weak amid latest dip, Aave appeared highly bullish following a recent monthly price break. However, it has lost buzz a bit today, but the price still looks strong on a weekly scale. Breaking below the crucial $80 support near $70 in July, Aave saw a […]
POLYGON MATIC PRICE ANALYSIS & PREDICTION (August 1) – Will Matic Break Lower As It Nears Oversold Condition Daily?
This week has been a tumultuous period across the crypto space as most altcoins continued to turn weak. Matic decreased by 3% since yesterday and is now looking weak daily, gathering momentum for a breakdown. Last month’s trading saw Matic through a small bounce (at $0.42) after reinitiating drops in […]
POLKADOT PRICE ANALYSIS & PREDICTION (August 1) – DOT Advances Bearish Following 6% Weekly Loss, Where Next?
Polkadot has reached a crucial trading level again after posting a huge loss in the past two weeks. It has reclaimed key support and is now on the verge of breaking lower. The 2023 bottom is the next low to watch. The last two weeks have seen Dot’s price through […]
Real World Assets In DeFi: A $3.76 Billion Milestone
As of July 2024, the Total Locked Value (TVL) for Real World Assets (RWA) in DeFi protocols has reached an impressive $3.76 billion. This milestone underscores the growing integration of tangible assets into the DeFi ecosystem, bridging the gap between traditional finance and decentralized finance. The market capitalization of all […]
$USPEPE Surges: Will It Outpace $PEPEI?
The American Pepe token ($USPEPE) is experiencing a meteoric rise, having surpassed a $3 million market cap. It’s up by over 80% in the last 24 hours and an astonishing 1420% over the past week. This surge has caught the attention of many in the crypto community, sparking discussions about […]
$BANANA Drops 37% from Peak: Analyzing The Market Trends and Smart Wallet Activity
The $BANANA token has experienced a significant decline, falling 37% from its peak of $78.5 to the current price of $49.7. Several factors have contributed to this drop. 1. Increased Market Supply: Following its listing on Binance, $BANANA airdropped 800,000 tokens to BNB holders. This influx of tokens has increased […]
AAVE Token Surges Over 20% In A Week: Key Factors Behind The Rally
AAVE has surged more than 20% in the past week, driven by several key factors. 1. Launch of Version V3.1: Aave recently launched version V3.1 across all networks, significantly improving the protocol’s security, operational efficiency, and usability. 2. Strong Financial Performance: Aave’s financial health is robust, with the protocol generating […]
The TON Ecosystem: An Emerging Giant In The Crypto World
The TON ecosystem, standing strong alongside Ethereum ($ETH) and Solana ($SOL), boasts rapid transactions and robust performance. Despite this, TON remains under the radar for many traders, which is surprising given its significant potential and current market impact. The $TON ecosystem stands strong alongside $ETH and $SOL, with rapid transactions […]
Cardano’s Transaction Volume Decline: Analyzing The On-Chain Downtrend
Cardano’s ($ADA) transaction volume in USD has been on a downtrend since March. Data from Santiment shows that Cardano’s daily transaction volume has consistently made lower highs, consolidating a downward pattern. In the last 24 hours, Cardano transacted $1.53 billion, a stark contrast to the over $11.56 billion confirmed during […]
XRP Nears Potential Bullish Breakout After Six Years Of Consolidation
XRP has been consolidating within a symmetrical triangle pattern for the past six years, and a bullish breakout may be on the horizon if it surpasses $0.90. This long-term consolidation could soon give way to significant upward momentum, marking a major shift in XRP’s market dynamics. $XRP has been consolidating […]
Bitcoin Faces Volatility Amid Rising Transaction Activity And Key Developments
As Bitcoin hovers just above $66,000, notable activity is observed in the transfer of unique tokens between wallets. Recently, 244,000 BTC were circulated in a single day, marking the highest level since March 5th. This uptick in Bitcoin activity suggests a gradual return of utility to levels last seen during […]
Paradigm Capital Deposits $129M In Ethereum, While Ethereum Foundation Continues To Sell ETH
Today, Paradigm Capital made a significant deposit of 39,068 ETH, valued at approximately $129 million, into the custody platform Anchorage Digital. This marks their largest ETH deposit into Anchorage Digital in the past three months. Currently, Paradigm Capital holds only 8,373 ETH, worth about $27.5 million, suggesting a substantial shift […]
RIPPLE PRICE ANALYSIS & PREDICTION (July 31) – XRP Signals Buy Following A Fresh Price Break, Targets $0.7
While most altcoins have been relatively down over the past 48 hours, Ripple has posted a nice gain with a break above the monthly high. This signals a fresh buy and is likely to see bigger rallies in the next few days. Taking a short recap of this month’s trading: […]
Terra Blockchain Exploited For Millions In Crypto, Resumes Operations Post-Emergency Upgrade
The Terra blockchain recently faced a significant exploit, resulting in the theft of approximately 60 million $ASTRO, 3.5 million $USDC, 500,000 $USDT, and 2.7 $BTC. The attacker leveraged a reentrancy vulnerability in the timeout callback of ibc-hooks, a flaw that was disclosed back in April this year. Terra blockchain was […]
BlockDAG CEO Interview | Celestia Price | TRON Milestone
$64M Raised! BlockDAG CEO Antony Turner Reveals Shocking Future Plans Surpassing TRON Milestones & Celestia Price Growth TRON milestones have recently captured attention in the market, as daily transactions skyrocketed to a record 7.2 million. On the other hand, Celestia’s impressive price movements, surging 11.52% recently, underscore its potential. However, […]
BINANCE COIN PRICE ANALYSIS & PREDICTION (July 31) – BNB Shows Signs Of Strength Amid Market Drawdown, Resuming Bullish?
After briefly losing its position to Solana on Monday, BNB’s price fell sharply but later found a solid ground. However, it has reoccupied its spot with a 2% recovery while the overall market continues to shed losses. Last week’s trading was a bit ugly for BNB as the price fell […]
Ethereum Marks Nine-Year Milestone With Record Highs
Nine years ago, Ethereum made history with the mining of its genesis block, ushering in a new era of digital currency with the world’s first ETH tokens. Since then, Ethereum has evolved into the cornerstone of a thriving decentralized finance ecosystem, pioneering innovations that are reshaping the future of finance. […]