Posts

Showing posts from May, 2024

Ethereum (ETH) Investors Are Eyeing This New Meme Coin

Image
Table of Contents Introduction PawFury (PAW): The Future Winner Dogecoin (DOGE): The Meme Giant Shiba Inu (SHIB): The Meme Coin Marvel Solana (SOL): The Speed Innovator Chainlink (LINK): The Oracle Network Conclusion Ethereum investors are eyeing a new meme coin that's generating buzz. Here's why PawFury (PAW), Dogecoin (DOGE), Shiba Inu (SHIB), Solana (SOL), and Chainlink (LINK) are catching their attention. PawFury (PAW): The Future Winner PawFury (PAW) is quickly becoming the future winner in the meme coin market. Imagine being part of the next big thing before everyone else—this is what PawFury offers. Its ongoing presale has raised an impressive $2.7 million, signaling massive investor confidence. With a buzzing Telegram community of over 34,000 members, there's a wave of excitement that's impossible to ignore. Currently priced at $0.00844, experts believe this could skyrocket to $0.0200, giving early investors...

Top Crypto Presales to Watch in June 2024 – $PLAY, $SEAL, $WAI, $DOGEVERSE, $DICE, and $99BTC

Image
The Cryptonews YouTube channel showcases the leading crypto presales available for investment right now. These upcoming token launches are crucial in the crypto ecosystem, offering profitable investment opportunities for those interested in early-stage projects in DeFi, the Metaverse, or play-to-earn gaming. Consider participating in these presales before they enter the broader market, as early adoption can sometimes lead to greater returns. PlayDoge (PLAY) First on the list is PlayDoge, a play-to-earn meme coin that transforms the iconic Doge meme—known for its billion-dollar market cap—into a Tamagotchi-style virtual pet. For those unfamiliar, Tamagotchi was a popular ’90s toy that allowed users to care for a virtual pet. You can explore the potential future of PlayDoge through our $PLAY price prediction. PlayDoge brings this concept into the digital age, enabling users to earn while they play within a comprehensive ecosystem. PlayDoge is set to launch on ...

Beam Price Prediction: Top Gainer BEAM Surges 24%, But Is This New GameFi ICO A Better Pick?

Image
The Beam price surged 24% in the last 24 hours to trade at $0.03252 as of 4 a.m. EST on trading volume that skyrocketed 618% to $121.6 million. BEAM saw its price soar in tandem with Upbit Korea, one of the most trusted global digital asset exchanges, announcing several new BEAM pairs. By adding market support for BEAM/KRW, BEAM/BTC, and BEAM/USDT, the exchange increased exposure to the asset, drawing new traders and investors to add it to their respective portfolios. 신규 디지털 자산 빔(BEAM) 거래지원 안내 ✅ 지원 마켓: KRW, BTC, USDT 마켓 📅 거래지원 개시 시점: 2024-05-31 18:00 ~ 19:00 예정 🔗 공지 바로가기:https://t.co/Di4vDFDD5A#Upbit #BEAM pic.twitter.com/PNWk0A50P2 — Upbit Korea (@Official_Upbit) May 31, 2024 BEAM is a native crypto as...

NFTs Fall By 54% In Sales This Month – Record The Lowest Trading Volume Since Oct 2023

Image
The non-fungible token market has suffered another rough month, marked by a plunge in sales volume and floor price values. The global non-fungible token market sales volume has dropped more than 50% this ending month, the lowest trading sales volume since October 2023. In this article, we shall assess the full state of the non-fungible token market in May 2024. NFT Sales Fall By 54% This Month Data compiled by cryptoslam.io, an on-chain crypto assets market aggregator and a multi-chain non-fungible token explorer, shows that the global non-fungible token market has tanked again this month. In the past 30 days, the global NFT market has raised a trading sales volume of $625 million, representing a 54.71% drop from the past month. Bitcoin, the blockchain network renowned in the NFT market for powering Ordinals and BRC-20 non-fungible token collections, is this month’s most-traded blockchain network in the NFT ecosystem. In the past 30 days, the Bitcoin-based NFT collecti...

Turbo Price Prediction: TURBO Plummets 32% As Meme Coins Crash And Traders Rush To Buy This Dogecoin Derivative ICO Before It Closes

Image
The Turbo price plunged 32% in the last 24 hours to trade at $0.0060 as of 03:45 a.m. EST on trading volume that dropped 26% to $353 million. This comes as the meme coin sector plummeted 8% to a market capitalization of $61 billion. Top meme coins including DOGE, SHIB, and PEPE all slumped, recording falls of 4%, 5%, and 12% respectively. Turbo Price Bulls Aiming For Bullish Trend Reversal Over The Lower Boundary Of The Bullish Pennant TURBOUSD Chart Analysis Source: GeckoTerminal.com The price of Turbo has been steadily declining since reaching its all-time high (ATH) two days ago, although it continues to fluctuate within the confines of a bullish pennant GeckoTerminal data shows.  There are indications that TURBO may be poised for a bullish trend reversal, as it currently trades above the 200-day Simple Moving Average (SMA). Nevertheless, the 50-day SMA represents a key resistance level that the bulls need to surpass in order to maintain the upward momentum of th...

Shiba Inu or Dogecoin: Which Meme Coin Will Soar Higher This June?

The cryptocurrency market has witnessed a resurgence in the meme coin category, despite a cool-off in the price action of top crypto tokens. Leading meme tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB) have successfully regained momentum. Additionally, this month has seen significant gains in the value of each of these meme currencies’ portfolios, indicating a rise in investor optimism. As volatility rises in the crypto market and the hype surrounding meme coins intensifies, the question arises: is the cryptocurrency market on the verge of experiencing a Meme Mania in the upcoming weeks? In this article, we delve into the price Analysis of Dogecoin and Shiba Inu and explore the possible targets for each token in June. Also read: Solana Forms Post-Breakout Higher Low: Can SOL Hit $200 This Week? Dogecoin On The Verge Of Its Triangle Pattern Breakout Dogecoin , the leader of meme coins, added approximately 3.5% to its portfolio within the past day. Desp...

ChatGPT 4o Predicts When Ripple (XRP) Could Hit $1?

In a recent Analysis , ChatGPT 4o has delved into the factors influencing Ripple (XRP)’s price and provided insights on when the cryptocurrency could potentially reach the $1 milestone. While predicting the exact timing of such a price movement is challenging due to the many variables at play in the cryptocurrency market, ChatGPT 4o has outlined several key factors that could impact XRP’s trajectory. Also read: Solana Forms Post-Breakout Higher Low: Can SOL Hit $200 This Week? Factors Influencing XRP’s Price According to ChatGPT 4o, the outcome of legal disputes involving Ripple, particularly the ongoing case with the U.S. Securities and Exchange Commission (SEC), can significantly impact XRP’s price. A favorable ruling or settlement could boost investor confidence and drive the price upward. Additionally, the overall market sentiment towards cryptocurrencies plays a crucial role, with bullish trends in the broader crypto market often li...

BlackRock’s IBIT flips Grayscale’s GBTC to become world’s largest Bitcoin ETF

Image
BlackRock’s IBIT has flipped Grayscale’s GBTC in Bitcoin ETF holdings. IBIT holdings have surged to 288,670 BTC compared to 287,450 for GBTC. One of the top Bitcoin news headlines today is that BlackRock’s iShares Bitcoin Trust (IBIT) has become the largest Bitcoin exchange-traded fund (ETF) in the world , surpassing Grayscale ’s Bitcoin Trust (G BTC ). On May 28, inflows into IBIT reached $103 million while GBTC saw outflows of $105 million. Overall, the spot Bitcoin ETF market recorded net inflows for the 11th straight trading day on May 28 with a total of over $45 million. IBIT surpasses GBTC as largest Bitcoin ETF As Grayscale’s spot BTC ETF recorded outflows of $105 million or 1,540 BTC, BlackRock’s IBIT saw inflows of nearly $103 million, or plus 1,501 BTC. BlackRock now holds 288,670 BTC for its IBIT ETF, while Grayscale ’s G BTC holdings have shrunk further to 287,450 BTC . Notably, when spot Bitcoin ETF...

Invest in These 3 Memecoins for Potential 100X Gains in 2024 – Best Cryptos to Buy Now

Image
With Bitcoin holding strong above $67K, the meme coin sector shows a strong bullish trend poised to continue into 2024. Meme coins experienced substantial growth in their portfolios, indicating a shift in investor interest toward these alt coins . This bullish sentiment in the meme coin market is driven by the introduction of new, innovative projects in the space. As long as Bitcoin maintains its current strength, the meme coin sector will benefit from heightened market enthusiasm and increased trading volumes. Furthermore, the broader adoption of blockchain technology and cryptocurrencies is likely to sustain this upward momentum, making 2024 a potentially transformative year for meme coins . Dogecoin (DOGE) Analysts are making optimistic forecasts, projecting that $DOGE may reach $1 by year-end. The remarkable rise of Dogecoin is primarily attributed to its vibrant, inclusive community fostering widespread adoption. Additionally, the backing of influential figures like Elon Mus...

Bitcoin: Bernstein Predicts BTC to Reach $90,000 in 2024

Image
Amid Bitcoin’s positive performance this year, $725 billion asset manager Bernstein has predicted that BTC will reach $90,000 in 2024. Moreover, the firm notes that the leading cryptocurrency will also reach a high of $150,000 the following year, as a byproduct of a surging industry. Following the approval of Spot Bitcoin ETFs in January, the asset has surged more than 150% this year, according to CoinMarketCap. With Ethereum receiving the same ETF approval from the US Securities and Exchange Commission (SEC) this month, Bernstein has expressed high hopes for the market. JUST IN: $725 billion asset manager, Bernstein, predicts #Bitcoin will hit $90,000 in 2024 and $150,000 in 2025. — Watcher.Guru (@WatcherGuru) May 28, 2024 Also Read: Mt. Gox Moves Around Billions Worth Bitcoin Causing 1.30% Drop Bernstein Predicts $450 Billion Bitcoin and Ethereum ETF Markets Source: Watcher Guru The cryptocurrency market entered 2024 with a wealth of optimism. M...

Ethereum Price Continues Its Climb: Bullish Momentum Drives Higher Gains

Image
Ethereum price extended its increase above the $3,900 resistance. ETH is now consolidating near $3,880 and might continue to grind higher in the near term. Ethereum started another increase above the $3,850 resistance. The price is trading above $3,850 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with support at $3,860 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up and test the $4,000 resistance zone in the near term. Ethereum Price Eyes $4,000 Ethereum price remained supported above the $3,650 support zone. ETH started another increase, outperformed Bitcoin, and climbed above the $3,750 level. There was a move above the $3,850 resistance. The bulls pushed the price above the $3,940 resistance. It traded close to the $4,000 resistance. A high was formed near $3,973 and the price is now correcting gains. There was a minor decline below the $3,920 level. ...

BNB Stays In Its Range While Falling Down From The $635 Level

Image
May 27, 2024 at 10:57 // Price Author Coin Idol Binance (BNB) Coin price has fallen above the moving average lines after hitting resistance at $631. Price Analysis by Coinidol.com. BNB price long term prediction: ranging Over the past two months, the price of the altcoin has ranged between $520 and $640. Neither the bulls nor the bears have broken through this range. On May 21, the bulls attempted to break through the resistance level of $631, but were unsuccessful. A break above the resistance at $635 will catapult BNB to its high of $692. The altco...