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Showing posts from February, 2024

Shiba Inu Could Surge 800% In a Week

In the midst of a cryptocurrency bull run, Shiba Inu (SHIB) emerges as a top performer, boasting remarkable trading metrics that outshine its peers. Over the last day, SHIB’s price has skyrocketed by over 27%, mirroring a bullish sentiment sweeping the crypto landscape. Notably, numerous alternative coins have seen double-digit spikes during this period. One of the prime indicators of investor interest in SHIB is its staggering trading volume, which has surged to approximately $1.5 billion in the past 24 hours. This surge in volume coincides with SHIB’s market capitalization surpassing $8 billion, marking its highest point since May 2023. This milestone signifies a doubling of SHIB’s market cap from its recent lows in November. Also Read: Shiba Inu Shines As It Rises By 7% Following Bitcoin’s Hike to $59K Optimism Soars Amid Predictions of 800% Rally Renewed enthusiasm permeates the Shiba Inu community as the project’s value surges. Speculatio...

How to Exchange BTC - Best Practices with ChangeNOW

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Introduction With Bitcoin soaring to new heights and hitting $60,000, there's no better time to dive into the world of crypto exchange . There is no telling how high Bitcoin will go, but this is an ATH for Bitcoin since November 2021. There are discussions about Bitcoin price predictions as BTC bounces up, and all eyes are on BTC and its movements right now, awaiting Bitcoin price targets in the near future. Even at the moment of writing this article, Bitcoin hit 64K, then we witnessed its correction at 60K again. In this guide, we'll walk you through the process of exchanging Bitcoin (BTC) using ChangeNOW, a leading non-custodial exchange platform known for its user-friendly interface, fast transactions, and competitive rates. 1. Choosing the Best Exchanges When it comes to exchanging Bitcoin, selecting the right platform is crucial for a user's security, reliability, liquidity, asset selection, user experience, and cost-effectiveness: Security: a good ex...

Hooked Protocol Price Prediction: HOOK Pumps 19% In A Week, But Top Crypto Influencers Are Bullish On This ICO That’s Just Blasted Past $1 Million

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The Hooked Protocol price pumped more than 19% over the past week to trade at $1.23 as of 2:45 a.m. EST as investors bet big on the altcoin’s future. The Hooked Protocol Price Attempts To Break Resistance 4-hour chart for LINK/USDT (Source: TradingView ) The Hooked Protocol price is attempting to break the resistance level at $1.23. If the altcoin manages to close a 4-hour candle above this barrier, it may have the foundation needed to keep rising in the short term. This may lead to HOOK climbing to as high as $1.3281, which is the next major resistance level. However, a rejection by the $1.23 price point in the next 24 hours could invalidate the bullish thesis. In this alternative scenario, the crypto may retest the immediate support level at $1.1393 in the following 24 hours. Continued sell pressure at this point may then put the crypto at risk of dropping to as low as $1.0566 in the short term. The Hooked Protocol Price Could Keep Climbing In The Short Term Technical i...

Bitcoin Breaks All-Time Highs in Nearly Every Country on Earth As Analysts Forecast Altcoin ‘Mania’ Phase

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Bitcoin’s (BTC) price has now reached all-time highs (ATH) in the vast majority of countries on earth. The leading crypto asset’s sudden surge to $64,000 on Monday triggered new highs in the Swedish krona, the Australian dollar, the Canadian dollar, the British pound, the Russian ruble, the Norweigan krone and the Chinese yuan. BTC’s price in the US dollar remains one of the last dominos to fall. The pseudonymous analyst TechDev tells his 431,600 followers on the social media platform X that “mania” may now be coming to the crypto markets if past Bitcoin cycles are any indicator of the future. TechDev is basing his Analysis on the supertrend indicator, which generates bull and bear signals based on whether the price breaks previous open or close levels during a given period. “Bitcoin broke above the seven-week supertrend. Historically, the candles that followed brought mania.” Source: TechDev/X The analyst is also closely watching the ...

Shiba Inu (SHIB) Predicted to Hit 1 Cent, Here's When

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Shiba Inu (SHIB) has made significant gains over the last weekend. The asset has finally deleted the zero it gained in December 2023. SHIB’s price has rallied 5.6% in the daily charts, 3.6% in the weekly charts, 6/2% in the 14-day charts, and 10% over the previous month. However, SHIB is still down by 20.8% since February 2023. Source: CoinGecko Also Read: Shiba Inu: Machine Learning AI Predicts SHIB’s Price for March 1 SHIB’s latest rally could be due to Bitcoin (BTC) hitting $55k, a level last seen in early December 2021. BTC’s surge may have led to investors pouring money into other assets. When will Shiba Inu (SHIB) hit 1 cent? Shiba Inu (SHIB) fans and investors have long pursued the ‘one-cent dream.’ Reaching one cent from current price levels would translate to a growth of about 99,900%. Although the figure may seem massive, it is not something the token has not achieved before. Between its launch in August 2020 and its all-time high of ...

Experts Say This Token Launch Will Kick Off The Real Altcoin Rally In 2024

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In the ever-evolving landscape of cryptocurrency, new projects emerge constantly, each vying for attention and investment. However, among the multitude of startups and platforms, few manage to capture the imagination of investors and analysts quite like Retik Finance (RETIK). With its recent presale success and upcoming token launch, Retik Finance is poised to make waves in the altcoin market, potentially igniting a broader rally in 2024. Presale Triumph and Investor Enthusiasm Retik Finance's journey to prominence began with its presale, a crucial phase in any cryptocurrency project's development. Over the course of 75 days, Retik Finance (RETIK) managed to raise an impressive $32,050,000, a testament to the project's appeal and investor confidence. This substantial influx of funds not only validates the team's vision and strategy but also sets the stage for further growth and expansion. What sets Retik Finance apart from its competitors is the level of enthusias...

Polygon (MATIC) and Cardano (ADA) Reverse in Red As Investors Flock To Nugget Rush

NuggetRush shines with its P2E gaming, community focus, and record-breaking presale success. Polygon’s network congestion and Ethereum tie bring challenges despite scalability efforts. Cardano’s slow feature rollout and complex governance hinder its race to dominance. Trends can shift rapidly in the crypto market, with new altcoins often emerging as the darlings of investors’ portfolios. Lately, we’ve witnessed a fascinating reversal of fortune as two prominent blockchain platforms, Polygon (MATIC) and Cardano ( ADA ), have seen a downturn in their fortunes, coinciding with increased attention on NuggetRush (NUGX). With its compelling blend of gaming innovation, community empowerment, and potential for lucrative rewards, NuggetRush has become the talk of the town, giving crypto enthusiasts worldwide FOMO. Let’s delve into what’s driving this shift and explore NuggetRush’s rising prominence in the crypto sphere. >...

Cardano’s (ADA) Impressive Run Fuels Snek’s (SNEK) Rise to New Heights

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ADA’s price increased by almost 6%, while SNEK climbed by 20% in the last 24 hours. Cardano’s ADA broke the key resistance at $0.60, indicating a possible jump to $0.70. SNEK was overbought as the price declined to $0.00112, but a further hike for ADA could trigger a rebound. Cardano’s (ADA) price recorded incredible growth in the last 24 hours as the price moved from $0.56 to $0.61. Data from CoinMarketCap revealed that this jump represented an astonishing 5.84% increase within the aforementioned period. However, ADA was the only token in its ecosystem that registered an eye-opening performance. Snek (SNEK) , which is a deflationary meme coin on Cardano, also climbed. According to the price tracking platform, SNEK’s price increased by a whopping 20.85%.  This increase ensured that the value of the meme coin jumped to $0.00112. Furthermore, the price rise implied that SNEK had a strong correlation with the Cardano native token. Therefore, it is likely...

Cardano Boom: Analyst Draws Parallels on Why ADA is Better Than ETH

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Cardano has lately been making waves in the crypto market. ADA has noted a significant price surge, followed by a considerable improvement in its ranking. Per the recent report by Messari, Cardano’s TVL increased by 166% QoQ and 693% YoY. Similarly, Cardano’s stablecoin value increased by 37% QoQ and 673% YoY.  ADA’s latest spree of remarkable achievements has led several analysts to forecast positive sentiments. A notable crypto analyst on X, “Ssebi,” or Sebastian, was quick to present a fresh aspect, outlining why Cardano is better than Ethereum.  Also Read: Cardano : ChatGPT Predicts When ADA Could Hit $10 Is Cardano better than Ethereum? Source: Crypto News Ssebi took to X to present his latest evaluation, adding that Cardano is better than Ethereum in many ways.  Here's what you DON'T KNOW and why you MUST move from ETH to Cardano:👇 – Low transaction fees, 0.2$-0.5$ compared to ETH 20$-300$. – You can...

Pullix (PLX) extremely bullish ahead of highly anticipated market launch

Pullix (PLX) is now just days away from its presale close, with just 22% of tokens in stage 8 remaining. Pullix will debut its token on exchanges and hybrid exchange after the presale. PLX price could swiftly hit new highs upon listing. Pullix, the new hybrid exchange aiming to redefine the DeFi trading market , is about to make headlines in the industry. The project’s presale is so close to the end that market anticipation is palpable. As of writing, only 22.7% of the PLX tokens remain in stage 8. Amid this extreme bullish outlook, could Pullix (PLX) be on the verge of a remarkable 100x run? Pullix presale end just days away With over $7.7 million raised so far, Pullix is just 5 days away from a remarkable milestone. The project’s presale has only 22% of the available sale tokens remaining before stage 8 closes. This is the final presale stage and the token will hit the market thereafter, with BitMart already announcing support for the PLX t...

Dogecoin Price Remains Above $0.080 And Continues Its Uptrend

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Feb 26, 2024 at 07:41 // Price Author Coin Idol The price of Dogecoin (DOGE) is above the moving average lines and continues its uptrend. Price Analysis by Coinidol.com. Long-term forecast for the Dogecoin price: bullish The initial rise above the moving average lines has met resistance at the high of $0.090. The upward movement has stalled below the previous high, with DOGE trading above the moving average lines but below resistance at $0.090. If buyers break above the barrier at $0.090, DOGE will gain value. The altcoin will rise to its previous hig...

Shiba Inu Price Falls After Resistance At $0.00001000

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Feb 24, 2024 at 19:17 // Price Author Coin Idol The price of Shiba Inu (SHIB) has fallen between the moving average lines. Cryptocurrency price Analysis brought by Coinidol.com. Long-term forecast for the Shiba Inu price: bearish The cryptocurrency had previously rallied above the moving average lines, but buyers were unable to sustain the price above the $0.00001000 resistance. The altcoin may have gained $0.00001050. SHIB is now worth $0.00000942. The decline has continued above the 50-day SMA. If the bears break the 50-day SMA, SHIB will retest the...

Ripple Could Hit $7 If XRP Does This: Analyst

A crypto analyst recently expressed frustration after an earlier technical forecast for Ripple’s XRP token largely played out to painful accuracy. However, he maintains hope of an eventual euphoric rally ahead. In a tweet, EGRAG Crypto highlighted forming what he termed a “Helheim Gateway” pattern on the XRP/Bitcoin chart earlier. This formation typically leads to sharp breakdowns and severe medium-term losses, according to classical charting theory. #XRP / #BTC Valhalla or Helheim – UPDATE (My Unwavering Target 0.000137) 🎯 Check out the post from December 2023: https://t.co/c8LTpj8H7H Sometimes, I Hate My Self💔: Sometimes, I can't help but feel frustrated with myself for foreseeing the worst-case scenario, only to see… pic.twitter.com/7zfZXO5E85 — EGRAG CRYPTO (@egragcrypto) February 21, 2024 While EGRAG noted a speculative bullish target, with a white circle, he cautioned about the growing risks of the feared bearish s...

This AI token is witnessing sky-high on-chain activity, 90% price rally in a week

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Amid a revived hype surrounding all things artificial intelligence (AI), recently intensified by an exceptionally positive earnings report by one of the major companies in the AI field, Nvidia (NASDAQ: NVDA), one cryptocurrency has particularly stood out in its weekly gains – SingularityNET (AGIX). Indeed, SingularityNET is currently recording a rally of nearly 90% over the week leading up to February 23, recording an even more impressive figure of +128% in the week before February 22, according to the data shared by blockchain and crypto social metrics platform Santiment in an X post on February 22. Furthermore, AGIX recorded a surge in other areas as of February 22, including record-breaking transaction volume at $119.6 million, whale activity that saw nine transactions over $1 million, the total number of its holders reaching an all-time high (ATH) of 93,632, as well as social dominance of 0.18%. Picked for you How much money does Bernard Arnault make a second...

What Concerns Corporates in Crypto Payments? Insights from Ripple’s Report!

Ripple engaged in a survey with over 100 payment leaders. 77% of participants stated that blockchain payments are beneficial. 60% of participants highlighted regulatory uncertainty in the crypto space. Ripple conducted a survey in collaboration with the US Faster Payments Council (FPC) to guide payment leaders on ongoing trends and technological developments in the payment ecosystem. More than 100 payment leaders participated in this survey, including CEOs, founders, and technical leaders. In this context, Ripple shared its observations on the advantages of payment usage, adoption plans, and obstacles to growth in a blog post. With this survey on blockchain and crypto payments, Ripple allowed payment leaders to express their thoughts and goals by answering questions. 77% of the survey participants stated that using blockchain in payments was “Very Useful” or “Somewhat Useful” for their organizations’ end customers. 60% of the part...

Ripple CTO Defends GSR Trading Bots as Ripple’s XRP Sales Come Under Fire

David Schwartz clarifies why Ripple used trading bots for its XRP sales. He claimed it avoids direct involvement in the market, reducing compliance risk. The response has failed to appease the XRP Army as the debate persists. In a recent exchange on X, David Schwartz, Ripple’s Chief Technology Officer, explained the rationale behind the company’s utilization of trading bots from GSR for its XRP sales program. This revelation emerges amid heightened scrutiny sparked by documents from the Ripple vs. SEC lawsuit, which shed light on Ripple’s programmatic sales practices. In particular, the spotlight fell on an email exchange between market maker GSR and Ripple’s team. It revealed a decision to halt XRP sales through GSR’s trading bots to “let XRP breathe.”  Members of the XRP community highlighted that shortly after halting the bot sales, XRP surged significantly to its all-time high. This has fueled speculation that the preceding...