Data from 2023 indicates a substantial influx of $2.25 billion into digital asset investment products, marking it as the third-highest year since 2017. While 2020 and 2021 outpaced 2023 with $6.6 billion and $10.7 billion, respectively, the recent surge signifies a noteworthy recovery from the lower inflows observed in 2022, […]
Tag: altcoin
Understanding The Recent Downturn In $RNDR’s Price Movement, Here’s What Happened
Render $RNDR has been generating considerable buzz in the cryptocurrency community, reaching a yearly high in the past 30 days. However, the enthusiasm surrounding $RNDR has been tempered by a recent slight decline in its price, noticeable both over the week and in the most recent 24-hour chart. The token […]
Maker (MKR) Achieves Annual Peak At $1,906 After Noteworthy Whale Accumulations
Recent revelations from Spotonchain indicate that MakerDAO’s governance token, Maker (MKR), has experienced a fresh wave of accumulation. This accumulation, taking place in the final week of 2023, hints at a potentially bullish trajectory for MKR in the upcoming year, 2024. According to Spotonchain’s latest indicators, a group of five […]
SOLANA PRICE ANALYSIS & PREDICTION (January 2) – Sol Faces Rejection Again After A Bounce, Is It Time To Sell?
Following latest breakout in Bitcoin’s price, some altcoins recovered well from their recent lows, with Solana rising by 5% today. It encountered resistance and quickly washed gain within a blink. Solana took a small break in bullish last week after witnessing a massive price explosion in the preceding weeks. This […]
LITECOIN PRICE ANALYSIS & PREDICTION (January 2) – LTC Quickly Lost Buzz After Almost Testing $76, What Happened?
After ending last year in red, LTC found support and bounced off a key level to start the new year on a strong note. But it quickly lost buzz and now looks weak on a daily outlook. It lost 1% in the last 24 hours. Litecoin went through some hurdles […]
ETHEREUM PRICE ANALYSIS & PREDICTION (January 1) – ETH Continues to Lose Momentum After Facing Rejection, Big Drop Around The Corner?
Ethereum advanced bullish this week and broke out to a new yearly high. But it saw a rejection and failed to sustain bullish momentum. The price slipped and now looks weak on the daily timeframe. Following a quick recovery above the $2100 level in the mid-month, Ethereum’s price increased and […]
MetisDAO’s Ecosystem Sees Strong Momentum and TVL Surge In 2023, Price Reacts
MetisDAO has experienced a substantial surge in its ecosystem, marked by strategic moves, particularly the introduction of a $360 million incentive program. The Ecosystem Development Fund (EDF), recently disclosed by the MetisDAO Foundation, amounting to 4.6 million METIS (which is equivalent to over $360 million), stands out as a pivotal […]
Leading Token $ID, $SUI, $APT, and $OP Unveil Significant Unlocking in January 2024
As January unfolds, the cryptocurrency market braces for a flurry of token unlocks, marking a busy start to the year. Token Unlock, a reputable tracker of locked tokens, has disclosed details about upcoming token releases set for the initial week of January 2024. Token unlocks represent the liberation of tokens […]
$AUCTION Faces Downtrend After Successful $AMMX Token Launch
Bounce Token experienced a decline of more than 11% in the recent hours following the triumphant conclusion of the $AMMX token launch. Participation in the $AUCTION Staking Pool exceeded expectations, with 2,126 participants committing a total of 2,741,970 $AUCTION, surpassing the initial goal of 12,857 $AUCTION. According to Lookonchain, after […]
IOTA Network Unveils LayerZero Cross-Chain Messaging Tech, Price Hits 6% Increase
IOTA Network’s ShimmerEVM has unveiled plans to incorporate LayerZero’s cross-chain messaging technology, enabling users to engage and transact seamlessly across multiple networks. Shimmer, situated within the IOTA ecosystem, serves as a blockchain platform granting developers access to unique features for creating and launching decentralized apps (dApps). ShimmerEVM, the platform’s layer […]
Polygon’s Native Token, MATIC, Displays Resilience Amidst Challenges
Despite candid admissions from Polygon’s MATIC founder, Sandeepnailwal, regarding the “painful ride” experienced throughout 2023, the platform is wrapping up the year on a positive note. MATIC, the native token of Polygon, has witnessed a significant uptick in value over the past week, managing to emerge from a position of […]
Analos Achieves Remarkable Surge With 147% Price Gain In 24 Hours
Analos, the Solana-based cryptocurrency, has experienced a substantial surge in value, skyrocketing by an impressive 147% within a 24-hour period. This surge precedes the anticipated launch of Analos’ $1,000,000 Buyback, set to go live in a few hours, marking a festive gesture to the community following a substantial $1,000,000 investment […]
Tellor’s $TRB Shows Resilience with Impressive Recovery To $165 After Recent Volatility
Tellor ($TRB) has recently demonstrated notable price action, signaling heightened buyer engagement and the potential for new highs. The cryptocurrency surged above $80, reaching an impressive $165. However, a sudden decline took place on December 20, as TRB’s price sharply dropped from over $160 to $125. This decline triggered a […]
Solana’s $SOL Remarkable 14% Surge Propels It Beyond XRP In Market Cap, As It Takes The 5th Position Ahead Of Ripple’s XRP
Solana has emerged as one of the standout performers in the cryptocurrency market, showcasing an impressive surge of over 14% in the last 24 hours. Notably, Solana has achieved a new yearly high, reaching $86.54. What’s even more noteworthy is that Solana has successfully surpassed Ripple’s XRP token in market […]
STACKS PRICE ANALYSIS & PREDICTION (December 21) – STX Breaks Out After Exploding By 30%Today, Where Next?
Altcoins are back on a positive note with Stacks exploding massively in the past hours. This impressive gain puts the asset in the market top-gainer spot after seeing a trading volume of $ million in the last 24 hours. Two weeks ago, Stacks entered a correction mode after rallying by […]
Hedera Hashgraph ($HBAR) Hits 13% Price Increase Following Exciting Collaboration
Hedera Hashgraph $HBAR, recognized as the most utilized and sustainable enterprise-grade public network in the decentralized economy, offers a platform for individuals and businesses to create robust decentralized applications (DApps). Setting itself apart, Hedera aims to establish a fairer and more efficient system, overcoming limitations commonly found in older blockchain […]
Livepeer’s $LPT Sees 40% Surge Today – Here’s The Insight To Watch
Inaugurated in 2017, Livepeer stands out as the pioneering decentralized live video streaming network protocol, offering a blockchain-based and economically efficient alternative to centralized broadcasting solutions for both new and existing broadcaster companies. The transformative impact of Artificial Intelligence (AI) in the past decade cannot be overstated. Particularly in the […]
Fantom Poised For Potential over 50% Surge As Bitcoin Makes Good Strong Moves, Holding Its Position
With a keen focus on decentralization, security, and scalability, Fantom is positioning itself as a cutting-edge blockchain, aiming to address the limitations of Ethereum. Presently trading at $0.39, the $FTM token is displaying resilience and signs of recovery following a notable downturn from its peak in January 2022. Recent developments […]