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Showing posts from February, 2024

Dogecoin (DOGE) Up 50% This Week, Is Its All-Time High in Play?

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The entire digital asset market has experienced a massive surge this week. A host of cryptocurrencies have followed, led by Bitcoin’s (BTC) climb to $61,000 for the first time since 2021. One of the most dominant performances has been Dogecoin (DOGE), which is up 50% this week, but does its rally mean that its all-time high is in play for 2024? As we’ve stated, the entire market has been up since Monday. Ethereum (ETH) has broken through $3,400 with eyes on the $4,000 mark. Moreover, the meme coin market has seen similar increases for Shiba Inu (SHIB) and even BONK. Still trading at $0.12 according to CoinMarketCap, could it observe a rally to $0.73 before the year is done? Also Read: Dogecoin Forecasted To Surge 250% DOGE Leading Meme Coin Rally as Investors Hope for New ATH Over the last several days, the digital asset market has seen increased value for a plethora of assets. The growth has largely been attributed to Bitcoin (BTC), which has firmly establishe...

PolkaDot Surges To $8.6: Will DOT Reach $15 Next?

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Leading parachain-based altcoin PolkaDot is attracting bullish sentiments after Bitcoin climbed above the $62,000 mark on Wednesday. PolkaDot is rallying in the charts as an influx of new investments flows into the cryptocurrency market. The broader set of altcoins such as Cardano’s ADA, Ripple’s XRP, and VeChain’s VET also hit a new monthly high. The price surge has brought in fresh enthusiasm among investors after nearly a gap of two years. Also Read: Shiba Inu Can Reach 10 Cents ($0.10) If This Plays Out Source: CoinGecko Now that PolkaDot remains in the green and touched $8.6, will the cryptocurrency head further north or go south? In this article, we will highlight how high or low DOT could trade in the indices in the coming weeks. Also Read: Ripple (XRP) Could Surge 100% & Double in Price: Here’s Why PolkaDot: The next Price Target For DOT is $15. Source: Twitter PolkaDot is known for its volatility and swings big when the cryptocurrency marke...

Brace for strong Cardano (ADA) surge; Here’s why

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Cardano (ADA) has a strong and historical bullish signal in its weekly chart during a strong momentum for all cryptocurrencies. This could ignite a massive surge for one of the most popular layer-1 blockchains in the cryptocurrency market. Notably, Cardano confirmed a breakout of the 50-week exponential moving average (EMA) in the week starting on December 4, 2023. By then, ADA went from $0.4 to $0.6 per token, similar to the May 25, 2020 action. Previously, ADA broke from the 50-week EMA, moving from $0.05 to $0.07 in seven days. After that, the token traded above the indicator for a 5,580% uptrend to the $3 level in August 2021.  Picked for you Pepe returns from the dead rockets 180% in a week 3 hours ago Bybit integrates TradingView facilitating trades with new charting capabilities 3 hours ago Ripple to unlock 1 billion XRP on March 1; What’s next? 3 hours ago TRON network skyrockets to 100 million addresses, dwarfing Cardano and Avalanche 4 hour...

Dione Protocol Price Prediction: DIONE Skyrockets 31% In A Week As This Green AI Presale Blasts Past $1.5 Million

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The Dione Protocol price dropped 5.8% in the last 24 hours to trade at $0.00665 as of 00:15 a.m. EST on trading volume that plunged 19% to $2.9 million. But it’s soared 31% in a week, possibly due to an expanding community, with the token now boasting over 9,500 unique holders. Ahead of the biggest projected bull run, $Dione continues to add to the community, partners and technology. Our unique holder count is now over 9500. Time to shine ⚡️ pic.twitter.com/Ftk4CEfRuf — Dione Protocol (@DioneProtocol) February 25, 2024 Dione Protocol is a project powering the crypto revolution with renewable energy. As the project races towards its mainnet launch, will the Dione Protocol soar in line with the looming bull run? Dione Protocol Price On A Bullish Rally, Trading Within The Bullish Pennant DIONEUSD Chart Analysis Source: Tradingview.com The Dione Protocol price has been in a consolidation phase since the beginning of February, with the bears and bulls engag...

Gold Price to Retest $2050; What to Expect in March 2024?

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Although it has langered over the past two weeks, the gold price could be poised to retest the $2050 level, with all eyes on how the metal could perform in March of 2024. Indeed, the asset has flourished through safe-haven demand amid the US dollar’s weakened state. Yet, there is still uncertainty as to when the Federal Reserve could finally cut interest Rates. Gold had neared its two-week high of $2041 in early trading on Tuesday. Moreover, critical US economic data could further impact the trajectory the metal is placed on for the rest of the month. Yet, further information regarding the Fed’s decision could be key to knowing what to expect from Gold in March. I Also Read: US Dollar Weakened: Gold Price Passes $2040 Gold Price Seeking Path Back to $2050; Could it Happen This Month? Throughout the second half of 2023, the price of gold had performed impressively. Amid the fragile US economy, the asset managed to record a new all-time high within that time. Spe...

Pepe Price Prediction: PEPE Skyrockets 46% To Become 3rd Biggest Meme Coin Ahead Of BONK, But Might This New AI Meme Coin Be The Next Crypto To Explode?

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The Pepe price surged more than 46% over the past 24 hours to trade at $0.00000214 as of 9:05 a.m. EST as investors decide to snap up PEPE once more. PEPE’s latest rally enabled it to overtake Bonk in terms of market cap as well, according to CoinMarketCap data. PEPE is currently the third biggest meme coin with a market cap of more than $897.9 million, while Bonk’s market cap stands at just over $855.34 million. The Pepe Price Overcomes Another Major Resistance Level 4-hour chart for PEPE/USDT (Source: TradingView ) The Pepe price managed to break above the resistance level at $0.00000209 over the past 24 hours. However, the current 4-hour candle shows that sellers are trying their best to keep the meme coin’s price at bay, as a large wick is present above the candle. Should the crypto remain above the recently-breached $0.00000209 mark for the next 8 hours, it may have the foundation needed to keep rising. This could lead to it climbing to the subsequent bar...

Pepe Price Prediction: PEPE Goes Ballistic With 52% Pump, But Experts Say This New Solana Meme Coin May Become The Next Bonk

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The Pepe price soared 52% in the last 24 hours to trade at $0.00000209 as of 00:27 a.m. EST on trading volume that surged 372% to $745 million. This comes as Pepe shows signs of a bullish bias, outperforming the top meme coins by market cap: Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk (BONK). Meme coins pumped as Bitcoin soared with BTC rocketing past the psychological threshold of $55,000 to reach $56,000 as it nears the Bitcoin halving event in April.  Pepe Price Bullish, Breaks The Upper Boundary Of The Falling Wedge PEPEUSD Chart Analysis Source: Tradingview.com The Pepe price has been experiencing a downward trend since December, following a falling wedge pattern. With $0.00000086 serving as a solid support level, the bulls have managed to rally the price, breaking through the upper boundary of the pattern. PEPE is currently trading above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the bullish sentiments. Furthermore, the 50-day Simple Moving A...

MicroStrategy CEO Calls Bitcoin 'Superior' to Other Asset Classes

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MicroStrategy CEO and Chairman Michael Saylor has recently called Bitcoin “Superior” to other asset classes. Indeed, he noted his belief that cryptocurrency is “the strongest asset” in a recent interview. Moreover, he discussed the asset’s importance to the company and its strategy. Saylor has not been shy about his Bitcoin advocacy, especially when it comes to MicroStrategy investments. Indeed, the company has long embraced the acquisition of Bitcoin which continued its int most recent Q4 financial results. Specifically, there it announced it now holds a remarkable 190,000 BTC. Source: Coingape Also Read: Michael Saylor Says He Will Never Stop Buying Bitcoin Saylor Calls Bitcoin “Superior” Against Other Asset Classes There is no understating how important 2024 has been for Bitcoin as a mainstream asset. Indeed, the 11 Spot Bitcoin ETF approval made but the US Securities and Exchange Commission (SEC), to start the year was a landma...

Uniswap’s Recent Decision Spark Speculation of a DeFi Season

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MKR broke the $2,065 resistance, suggesting a climb above $2,200. Despite random pullbacks, the EMAs indicated that LDO might rise to $4. Increasing volatility along with upward momentum could push RLD toward $0.20. Uniswap’s decision to share its revenue with stakers and delegators has brought life to other DeFi projects. There was speculation on X (formerly Twitter) that the liquid staking project Lido Finance (LDO) might follow suit. Other projects that have also gotten attention as a result of the development include MakerDAO (MRK) and Rollbit Coin (RLB). However, Coin Edition’s assessment of the market showed that the prices of the tokens have had different performances in the last seven days. At press time, MKR remained above $2,000. But this was almost the same value as it was seven days ago. For LDO, the price increased by 0.57% in the last seven days, while RBL climbed by a staggering 15.62%. Maker (MRK) From the 4-hour MKR/USD chart, bul...

Weekly Cryptocurrency Analysis: Altcoins Drift Sideways While Being Knocked Back From Recent Highs

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Feb 25, 2024 at 20:32 // Price Author Coin Idol The cryptocurrencies listed below have underperformed as their prices have either stayed the same or fallen below moving average lines. At their recent highs, the cryptocurrencies are rejected. A few different cryptocurrencies are discussed. Starknet Starknet (STRK) is a new altcoin that is now in decline. The altcoin fell from its high of $3.15 to a low of $1.68. Bulls bought on dips, but the upward correction was halted at $1.95. At the time of writing, the crypto is valued at $1.82. Selling pressure is expect...

Next Cryptocurrency To Explode Saturday, February 24 – Uniswap, Synthetix, Aave

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DeFi tokens kicked into a bullish trend after the Uniswap token, UNI, recorded a substantial price increase. Several assets in the sector that have maintained a sideways trend for most of the quarter are now recording massive growth. Interestingly, there are signals highlighting some of these overlooked tokens as some of the next cryptos to explode. Synthetix, Aave, and Lido DAO rank high on the list of the top performers in the sector. Everything investors should know about these assets and their prospects is shared below. Next Cryptocurrency To Explode Conversely, the Crypto AI sector has seen a surge in new projects as investors bet their funds on the future of Artificial intelligence. However, the growing interest also comes with growing concerns over the security of the platforms. Thus, innovators and developers are working to craft sustainable solutions to the challenge. Scotty the AI proposes a unique solution to Crypto AI security issues, and the article offers a quick overv...