The price of Maker DAO’s governance token, $MKR, has been on an upward trajectory recently, attracting significant attention from large investors. However, as the token’s value rose, some whales decided to take profits, leading to notable transactions in the past few hours. Recent Large $MKR Whale Sales and Transactions Two […]
Tag: Profit
Solana Memecoin Zack Morris ($ZACK) Surges 35%, Developer Wallets Dominate Holdings
Solana-based memecoin Zack Morris ($ZACK) has captured attention by soaring 35% in the last 24 hours. According to on-chain data tracking platform Lookonchain, the developer behind $ZACK has been accumulating the token at remarkably low prices on the Pumpfun platform. A significant portion of $ZACK’s supply is held by developer-related […]
GALA PRICE ANALYSIS & PREDICTION (May 22) – Gala Shows Sign Of Strength Amid Latest Surge But Remains In A Range
GALA is still looking indecisive on the short-term perspective but it is currently showing signs of strength following a 13% increase in the last 24 hours. A daily close above $0.05 could bring a new shift in the trend. The fundamentals surrounding Gala lately look positive and have generated a […]
Ethena Surges 20% As Trading Volume Skyrockets
Ethena (ENA) has seen a significant price surge today, climbing 20% with a 24-hour trading volume increase of 242%, pushing the token’s price towards the $0.90 mark. This impressive rise highlights the growing interest and trading activity around ENA. On-chain reports from Spotonchain reveal that a multisignature wallet linked to […]
Ethereum-Based Memecoin $MOG Surges 57% Amid Market Activity
Ethereum and its associated memecoin, $MOG, have seen a significant surge, with $MOG’s price increasing by 57% in the past 24 hours. This boost has propelled its market cap to over $351 million. The price of $Mog increased by 45% today. An address named "mogillionaire.eth" caught my eye. He spent […]
Bitcoin Poised For A Major Move As Market Conditions Stabilize
Bitcoin markets have seen a period of calm following months of significant distribution pressure. While capital inflows have remained modest, the reduction in sell-side activity and compression of volatility suggest that a significant move could be imminent. #Bitcoin markets have experienced a cool down after several months of intense distribution […]
BITCOIN PRICE ANALYSIS & PREDICTION (May 20) – BTC Settles Above $66k Following A 20% Recovery In Three Weeks, What Next?
As anticipated, Bitcoin closed last week’s trading well above the $66k level and remained calm following a slight drop. It is charging back at last week’s high. A rejection there could trigger a short pullback. So far, this month has seen quite imbpressive as Bitcoin increased nicely after experiencing a […]
TONCOIN PRICE ANALYSIS & PREDICTION (May 19) – TON Signals Bearish Following This New Double-Top Formation, Down 8%
Earlier this month, Toncoin found support and started to increase after undergoing a short correction in April. That increase brought a full price recovery but it appeared to be rolling back following this bearish pattern. From $7.6 during last month crypto clampdown, TON took a sharp downturn and slowly declined […]
DWF Labs Drives Tokenfi Trend With Strategic Deposits Amid RWA Resurgence
Amid the resurgence of Real-World Assets (RWA) and the Tokenfi trend, DWF Labs has made a significant move by depositing 3 million TOKEN ($322K) to Gate.io at $0.107 per TOKEN. This transaction highlights DWF Labs’ strategic engagement with the TOKEN ecosystem. Notably, DWF Labs received 120 million TOKEN from two […]
Ethereum Poised For Strong Performance In H2 2024 Despite Early Struggles
Despite Ethereum’s poor performance year-to-date, Coinbase analysis suggests a bullish outlook for the second half of 2024. The potential approval of an ETH SPOT ETF, which has a 30% to 40% chance of passing, is a significant factor. Even if the ETF is rejected, there is a high likelihood of […]
CHAINLINK PRICE ANALYSIS & PREDICTION (May 17) – Link Breaks Out Following A 17% Surge Overnight, Targets $17
After correcting by almost 50% in a month, Chainlink LINK found support and began to range until it located a key level on Wednesday. It initiated a surge and steadily increased until the price broke out of a range bound. The past month of trading has been indecisive for Link […]
Ethereum Transaction Fees Drop As Layer 2 Solutions Gain Traction
Transaction fees on the Ethereum network have reached their lowest point in six months, largely due to the increasing adoption of layer 2 (L2) scaling solutions. In April, L2 projects accounted for a record-breaking 82% of all transactions, signaling a significant shift in how users interact with the blockchain. The […]
Bitcoin Funding Rate Rises Amidst On-Chain Activity Slump
Bitcoin’s recent surge in funding rate on exchanges like DyDx and Deribit is causing concern among crypto enthusiasts, who are wary of history repeating itself after last week’s market top. With bullish sentiments prevailing, there’s a desire to keep Bitcoin FOMO (Fear of Missing Out) in check, ensuring that shorts […]
Render Token Sees 11% Drop As Multicoin Capital Makes Major Deposit
Render Token, an Ethereum-based distributed GPU rendering token, faced a sharp decline of 11% in its value today, marking a significant downturn in its price. This drop comes amidst a period of volatility in the cryptocurrency market, with investors closely monitoring developments within the ecosystem. According to data from Spotonchain, […]
Ethereum Memecoin $PEPE Surges As Whales Accumulate Profits
The Ethereum memecoin $PEPE has seen a remarkable surge, hitting an all-time high of $0.00001127 today with a market cap surpassing $4.5 billion. This represents a significant gain of over 11% for the day and 32% over the past 7 days, making it the second largest crypto memecoin in the […]
Tellor ($TRB) Witnesses Impressive 112% Gain In 30 Days As Whales Capitalize On Price Surge
The decentralized Oracle protocol, Tellor ($TRB), has experienced a notable uptrend over the past month, with its value soaring by an impressive 112% within this period. In the realm of cryptocurrency, Tellor stands out as one of the top performers in terms of weekly gains, having surged by 47% in […]
Genesis Trading Initiates Asset Deposit To Gemini Following Bankruptcy Declaration
In a significant development in the cryptocurrency landscape, the bankrupt crypto lender Genesis Trading has recently initiated a deposit of $36.45M worth of 34 crypto assets to Gemini, one of the prominent cryptocurrency exchanges. Among the top five assets deposited are 16.4M GRT ($4.83M), 123K INJ ($2.95M), 396M AMP ($2.93M), […]
VELO And UMA Surge In Crypto Trading Circles
There’s a buzz in the crypto trading community surrounding two standout tokens: VELO and UMA. VELO, often dubbed the “XRP of South East Asia,” has seen an impressive surge in its price, gaining 358% in just six weeks. Meanwhile, UMA has caught the attention of traders with a significant 50% […]