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Showing posts from March, 2024

ApeWifHat Price Prediction: APEWIFHAT Soars 127%, But Is This Solana Meme Coin Rival The Next Cryptocurrency To Explode?

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The ApeWifHat price has surged 127% in the last 24 hours to trade at $0.00000009908 as of 8:27 p.m. EST on a 383% surge in trading volume to $1.65 million. Most certainly #ApeWifHat pic.twitter.com/TehhFtHeUN — Teddy – Team Algo 🚀🚀🚀 (@coinmarketexprt) March 29, 2024 ApeWifHat Price: Encounters Resistance: Is A Return To Its All-Time High Possible? APEWIFHATUSDT Analysis By Tradingview The price of ApeWifHat indicates a decline after reaching its all-time high, allowing bears to push it down to the $0.00000003691 support level. Surprisingly, this support level has held firm, preventing further downward movement and allowing bulls to gather momentum and push the price back up to $0.0000001252. However, a double-top pattern is forming, suggesting a potential shift towards a bearish trend. This could mean the price might fall back to the support zone at $0.00000003691. At present, technical indicators point towards the bullish sentiment. The relative strength index is on an

What’s happening to Litecoin price today?

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Litecoin price reached $110 on Friday, its highest level in over nine months. A popular crypto analyst says the macro downtrend for LTC may be over. Litecoin ( LTC ) currently trades around $104. But earlier in the day, LTC price hovered just above $110, its highest level since last July. LTC price reached an all-time high of $410 in May 2021. While current prices remain way off that peak, Litecoin’s latest bounce sees analysts predict what could be next. Litecoin touches $110: Is LTC set for vertical gains? Before LTC soared more than 15% on Friday, bulls had found it hard to break the psychological $100 level. Now with price hovering above the mark, a popular crypto analyst says Litecoin price could extend gains if bulls achieve a monthly close at $122.   “$ LTC needs to Monthly Close above the orange resistance ($122) & turn it into support like in 2020/2021 (green circle) to build on its recent Macro Downtrend breakout. Monthly Closing above

Bitget Wallet Secures the Top Spot Globally in Swap Transactions, Surpassing MetaMask

Victoria, Seychelles, March 29th, 2024, Chainwire This week, Bitget Wallet recorded unprecedented highs in its weekly Swap order volume, with 388,757 transactions processed — almost 68,000 more than Metamask — and claimed the top global position. The 7-day swap trading volume is a crucial indicator of a platform’s liquidity and user trust. High volumes reflect strong user engagement and an active trading environment, underscoring the wallet’s prominence and reliability in the market. Bitget Wallet’s emphasis on exploring new assets and opportunities in the Web3 space drives its increasing trading volume. The wallet has listed several new tokens that are trending on social media and DEXs. Bitget became an early mover in the market by listing some of the most viral Solana and Base meme coins that have experienced heightened demand from the wider market. The wallet launched trading pairs for BONK, BOME, and SLERF early on in the market, allowing its users to capita

Meme Coin Sector Introduces Crypto To A Wider Audience, May Become New Asset Class, Messari Says 

The meme coin sector plays a vital part in the crypto space and might even become a new asset class, said crypto research firm Messari. “Crypto is often criticized for not having use cases for the average Joe, and that is a fair comment,” said vice president of research Maartje Bus at a conference in Seoul on March 28. “But meme coins actually have been successful, consistently, in bringing people on-chain.” Meme coins are a kind of ”Trojan Horse” in the way they introduce investors to key crypto concepts, including decentralization, crypto wallets, and other applications, she said. Great to be back at @buidl_asia! https://t.co/JG0tuKbX94 — Maartje Bus (@maartjebus) March 28, 2024 Because of that, meme coins have the potential to evolve into something beyond their current reputation as just being for fun, Bus said.  Solana Meme Coin Mania The meme token market is going through a period of rapid development, with coins launched within the Solana ecosystem recently gaining cons

BlackRock CEO’s ETF comments boosts Ethereum (ETH) and Algotech (ALGT)

BlackRock CEO Larry Fink believes a spot Ethereum ETF is possible even if SEC designates ETH a security. Markets are upbeat amid this outlook despite current weakness. Meanwhile, investors eyeing new gems have identified new token Algotech (ALGT). BlackRock CEO Larry Fink has noted his bullish stance on Bitcoin, with the global asset management behemoth seeing massive uptake for its iShares Bitcoin Trust (IBIT) spot Bitcoin ETF . Fink is also optimistic about a spot Ethereum ETF . What does this mean for Ethereum price? Elsewhere, why is the new decentralized trading platform Algotech (ALGT) attracting so many investors to its presale? Larry Fink on potential spot ETH ETF In comments on Wednesday, BlackRock CEO Larry Fink said that designating ETH a security won’t be “deleterious”, noting that an ETH ETF was still possible. Various analysts have noted that a spot Ethereum ETF nod from the SEC is unlikely in May.  However, Fink’s comments align with

Missed Dogwifhat and SHIB meme coin rally? Milei Moneda might be next in line

Dogwifhat (WIF) surged 60% due to NFT sales. Shiba Inu’s Shibarium significantly boosts SHIB’s price.  Milei Moneda ($MEDA) projected for a surge post-Uniswap launch.  Recently, two meme-inspired tokens, Dogwifhat (WIF) and Shiba Inu (SHIB), made significant waves with their recent price surges and notable achievements. As lucky investors enjoy the gains from the WIF and SHIB price rally , Milei Moneda ($MEDA), a new player, is emerging on the scene and some analysts believe it could deliver significant profits to investors. Dogwifhat (WIF) vs. Shiba Inu (SHIB) Solana-based meme coin Dogwifhat (WIF) has seen a remarkable surge in its price, jumping by 60% recently. This pump was triggered by the sale of the original picture that inspired the creation of the token as a Non-Fungible Token (NFT). The acquisition was completed by Global Coin Research (GCR), a Web3 Research Group, using $4.3 million worth of Ethereum (ETH).  Likewise, Shiba Inu (SHIB), known f

Shiba Inu Price Prediction: SHIB Surges 7% As Investors Flock To This Dogecoin 2.0 For Last Chance To Buy

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The Shiba Inu price rose 7% in the last 24 hours to trade at $0.00002995 as of 03:51 a.m. EST on trading volume that surged 42% to $2.2 billion. This comes as SHIB finally conquered the $0.00003 price threshold. The Shiba Inu price has gained 211% in a span of 30 days and still shows signs of rebounding back to the yearly high of $0.00004563 that was recorded on March 5. Shiba Inu Price Looks To Breach 2-Week High At $0.000037 SHIBUSD Chart Analysis Source: Tradingview.com The Shiba Inu price had massive gains in March, soaring through a markup phase, only to experience a resistance around the $0.00004568 threshold. The rejection around this level allowed for a retracement to occur, which followed the phase of bearish sentiment in the wider market. SHIB bulls have found support around the $0.000020 lower spectrum to push the price higher above the falling wedge pattern. The recent market recovery has provided strength for the bullish momentum. Shiba Inu is trading well above the

Bitcoin Held On Coinbase Exchange Reach 9-Year Low, Can Bitcoin Reach $75,000?

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In a recent development, data from crypto analytics firm Glassnode shows that the amount of Bitcoin held on Coinbase has reached a 9-year low. This has raised the possibility of the flagship crypto rising to a new all-time high (ATH) of $75,000 soon enough.  BTC Held On Coinbase Drops Significantly   According to Glassnode, the Bitcoin balance on Coinbase dropped to a nine-year low of 344,856 on March 18. This suggests that Bitcoin investors are choosing to move their holdings off exchanges and hold for the long term rather than sell anytime soon. A move like this reduces the short-term pressure on Bitcoin and could spark an upward trend in BTC’s price.  Related Reading: Why Is The Price Of LUNC And USTC Up Today? Meanwhile, the drop in BTC held on Coinbase looks to be a trend, with data from market intelligence platform Santiment showing a drop in the total amount of Bitcoin held on centralized exchanges (CEXs). This data is also supported by the

Analyst Warns Of Bitcoin Pre-Halving Retrace Echoing Troubling 2020 Trend

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Rekt Capital, a cryptocurrency expert and enthusiast, has identified a similar pattern between the recent Bitcoin pre-halving retrace and the one that took place in 2020 before the crypto asset witnessed an upsurge to its previous all-time high. Bitcoin Pullback Is Almost Identical With 2020 Pre-Halving Retrace Bitcoin , the largest cryptocurrency asset, is presently demonstrating momentum, rising over $70,000 and recovering from a recent downward trend. Following the recovery, Rekt Capital believes that the pullback might be over, citing a similarity to the 2020 pre-halving retrace . Related Reading: Bitcoin Price Reclaims $70K And Signals Fresh Surge To $75K Given the uncertainty of the crypto market, the analyst is not sure if the recent upsurge marks the end of the pre-halving retrace. However, if that is the case, then Bitcoin would have nearly matched the pre-halving correction from 2020.

Grayscale Leads Institutional Offloading of Crypto Products As $942,000,000 Leaves Markets: CoinShares

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Digital assets manager CoinShares says institutions dumped a new weekly record of $942 million in crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says the new record outflow breaks a seven-week run of record-setting inflows. “Digital asset investment products saw record weekly outflows totaling US $942 million, the first outflow following a record 7-week run of inflows totaling US $12.3 billion.” Source: CoinShares According to CoinShares, market uncertainty has made investors more hesitant, as evidenced by lower inflows into exchange-traded funds. Grayscale led the outflows with over $2 billion leaving its products last week. “We believe the recent price correction led to hesitancy from investors, leading to much lower inflows into new ETF issuers in the US, which saw US $1.1 billion inflows, partially offsetting incumbent Grayscale’s significant US $2 billion outflows last week.” CoinShares also says that, except for Braz

Next Cryptocurrency To Explode Monday, March 25 – Aerodrome Finance, Fantom, Dogecoin

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The overall crypto market outlook signals an incoming strong Base chain wave. Assets in the network may see a dramatic price surge in the coming quarter. Some of these tokens already post trends that position them as the next cryptocurrencies to explode. Coinbase’s ownership of the Base chain gives the network the fuel it needs to sustain its growing rally. At the time of writing, the social mention of the chain has increased dramatically. Besides, traders, influencers, and investors are moving to capitalize on the opportunity. Next Cryptocurrency To Explode Meanwhile, while the market waits for the Base wave to take effect, newly launched projects remain the top money spinners in the crypto market. SPONGE is one such project that has recorded over a 1000% price increase since its launch this quarter. The details of its price movement are also covered in the post.   1. Aerodrome Finance (AERO)  AERO is quickly becoming Base Chain’s favorite token. The project’s price has increased

New Cryptocurrency Releases, Listings & Presales Today – NEURALAI, Venium, WCTrades

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Investors are reevaluating their investment portfolios in light of the upcoming Bitcoin halving and anticipated bull run. This move has increased trading activity in the Altcoin market as investors seek to leverage the expected rally. The current market surge has also provided a conducive environment for new tokens and presales to attract attention. This Analysis examines their characteristics, performance indicators, and noteworthy developments within the crypto currency markets. New Cryptocurrency Releases, Listings & Presales Today Bitcoin’s value plummeted by 8% within a week, accompanied by a surge in volatility nearing a one-year peak. Meanwhile, Bitcoin Minetrix’s presale Stage 33 has surpassed $12.5 million, boasting an impressive APY of 56%.  NeuralAI and AigentX have united forces to enhance AI within the blockchain realm. This collaboration vows to usher in groundbreaking advancements, increased accessibility, and heightened efficiency in AI development for block

Sell-off alert: Bitcoin bearish bias remains strong

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Bitcoin’s (BTC) attempt to recover and reclaim its all-time high above $73,000 is facing hurdles, with the asset currently trading below the $70,000 mark amid anticipation ahead of the halving event. Recent price movements have led to Bitcoin’s bearish price predictions, with a section of the market suggesting the outlook is part of the pre-halving retrace. For instance, cryptocurrency trading expert Alan Santana , in a TradingView post on March 23, warned investors to brace for a sell-off, noting that Bitcoin’s bearish bias remains strong. With Bitcoin struggling to breach the $65,000 resistance, Santana forecasted a continued downward trajectory for Bitcoin over the coming days or even weeks. This downward movement is anticipated to follow a pattern of bottom formation, accumulation, and reversal signals before any potential recovery. Picks for you What’s going on with the Indian Rupee vs. Dollar (USD/INR)? 3 hours ago 2 cryptocurrencies to avoid trading next w