Analysis Today TheBitTimes.com

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...

Key takeaways Bitcoin continues to trade below $52k and could rally higher soon. The Bitcoin Dogs presale has raised more than $3 million roughly a week after launch. Bitcoin could surge towards $55k soon The cryptocurrency market has been consolidating over the last few days following its rally last week. Bitcoin’s price has been stagnant since the start of the week but could surge higher soon. At press time, the  price of Bitcoin stands at $51,613, down by 1% in the last 24 hours. The poor performance comes after it reached a yearly high of $52,623, its highest level since 2021. Thanks to the recent rally, Bitcoin’s total market cap has now crossed the $1 trillion mark for the first time in more than two years. Despite the recent consolidation, Bitcoin could be eyeing the $55k level soon as the bulls remain in control.  What is Bitcoin Dogs? With Bitcoin rally ing since the start of the year, investors continue to keep an ey...

The total crypto market cap has stalled at the $1.2 trillion level, but derivatives data shows bulls are preparing for the next breakout. After gaining 11% between March 16 and March 18, the total crypto market capitalization has been battling resistance at the $1.2 trillion level. This same level was reached on August 14, 2022 and was followed by a 19.7% decline to $960 billion over the next two weeks. During the lateralization period between March 20 and March 27, Bitcoin (BTC) gained 0.3%, while Ether (ETH) posted modest gains of 1.6%. Total crypto market cap in USD, 12-hour. Source: TradingView One source of favorable short-term momentum is a change in the Federal Reserve’s monetary policy The U.S. Federal Reserve was forced to increase its balance sheet by $393 billion between March 9 and March 23 in order to provide short-term loans to failing banks. The objective of the plan was to reduce inflation, which has significantly impacted the cost of living and ultimately hampered ec...