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Altcoins News
Coinpedia
1w
131
Image Credit: Coinpedia
$340M Crypto Token Unlocks This Week: 3 Major Altcoins at Risk of Drop
- In the next seven days, major altcoins like Neon (NEON), Banana Gun (BANANA), Cardano (ADA), Solana (SOL), and Worldcoin (WLD) will experience significant token unlocks.
- These token unlocks have the potential to cause volatility, market corrections, and further bearish sentiment in the altcoin market.
- Investors of NEON will receive 44 percent of its circulating supply, weighing down on its price.
- The releases of BANANA, ADA, SOL, and WLD tokens will also impact their respective markets.
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7 Likes
Crypto-News-Flash
1w
110
Image Credit: Crypto-News-Flash
TRON Leads Altcoin Transactions with 43% Dominance in October
- TRON's transaction dominance in major altcoin blockchains reaches 43% by the end of October 2024.
- TRON processed a total of 230 million transactions in October, with a notable surge on October 24th.
- The recovery in TRON's transaction dominance reflects its earlier performance in 2024.
- Justin Sun, the TRON founder, prioritizes the upgrade of the USDD stablecoin to drive further expansion.
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TheNewsCrypto
1w
143
Image Credit: TheNewsCrypto
Ethereum Price Drops Further Amid Surging Market SellOffs
- Ethereum has seen a modest price increase of 0.54% in the last 24 hours.
- The altcoin remains at the $2.4K level after hitting key support levels at $2,400.
- Major sell-offs have been observed in Ethereum, with a prominent trader depositing 29,317 ETH worth $71.85 million into Binance.
- Analysts predict a risk-to-reward ratio for Ethereum ranging from $1,880 to $6,110, indicating potential capital influx and loss.
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8 Likes
NullTX
1w
224
Image Credit: NullTX
SOL Sales And Rising DeFi Activity Mark Solana’s Q3 Progress
- Pump.fun's fee income account continues to sell SOL, transferring 90,000 SOL to Kraken.
- A significant SOL holder executed a 90,000 SOL sale earning around 14.87 million USDC.
- 29 Solana-based projects secured funding rounds totaling $173 million in Q3 2024.
- DeFi on Solana recorded a 26% increase in Total Value Locked (TVL) reaching $5.7 billion.
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NullTX
1w
326
Image Credit: NullTX
Ripple’s Q3 2024 XRP Markets Report Shows Major Gains Amid Key Partnerships And Growing Institutional Interest
- Ripple’s Q3 2024 XRP Markets Report showcases significant gains and positive developments.
- Key highlights include legal clarity in the SEC lawsuit, increased institutional engagement, stable trading volumes, growth of XRP/BTC ratio, heightened on-chain activity, and expansion in the DeFi sector.
- Bitwise, Canary, and 21Shares filed for XRP ETFs, Grayscale introduced an XRP Trust, and 21Shares proposed an XRP ETF to the SEC, indicating growing confidence in XRP's potential.
- 21Shares, known for its successful Solana staking ETP, demonstrates an expanding influence in the digital asset space.
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19 Likes
Newsbtc
1w
224
Image Credit: Newsbtc
GRASS Token Fails To Break $2 Level – Is It Time To Buy?
- GRASS token, a Layer-2 platform on the Solana blockchain, has attracted attention from analysts and investors.
- The token's launch and airdrop faced some issues, but its price rallied and breached the $1.50 level.
- However, GRASS token failed to break the $2 level and has now settled below $1.75, trading at $1.45.
- Analysts anticipate a deeper pullback in the price and advise caution before buying.
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13 Likes
TheNewsCrypto
1w
203
Image Credit: TheNewsCrypto
XRP Price Dips Below $0.50 Mark, Eyes Key Support Amid Market Sell-Off
- XRP price dips below $0.50 mark, down 2.46% in the last 24 hours.
- No change in legal dispute between Ripple and SEC, but institutional investors show increasing interest in XRP.
- 21Shares proposes XRP-focused ETF, with support from Coinbase Custody Trust Company.
- If price breaks above $0.51, it may climb towards $0.56; below $0.48, it may test $0.42 support level.
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12 Likes
Coinpedia
1w
148
Image Credit: Coinpedia
Will PEPE Memecoin Reclaim $0.000015 or Plunge to $0.000006 This November?
- The PEPE memecoin has experienced a drop in value, breaking its important support trendline.
- The Simple Moving Average (SMA) has acted as a resistance for the Pepe price chart.
- If the bulls regain momentum, the Pepe coin may reach a resistance level of $0.00001150.
- Alternatively, if the bears continue gaining momentum, the memecoin may retest its low of $0.00000625.
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8 Likes
Crypto-News-Flash
1w
331
Image Credit: Crypto-News-Flash
Stellar (XLM) Breakout Could Lead to Over 600% Rally Potential
- Stellar (XLM) has potential for over 600% rally gains, supported by confirmed bullish patterns and strategic partnerships.
- A breakout target of $0.681 suggests a potential gain of over 606%.
- XLM is currently trading at around $0.09149, with a market cap of $2.72 billion.
- Stellar's strategic collaborations and enhanced security measures contribute to its long-term prospects.
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19 Likes
Bitcoinik
1w
420
Image Credit: Bitcoinik
BitMEX Co-Founder Praises Solana ($SOL) as “High Beta Bitcoin” Ahead of the US Election
- Arthur Hayes, co-founder of BitMEX, praises Solana ($SOL) as a "high beta Bitcoin" ahead of the US election.
- Hayes believes Solana offers greater potential for dynamic growth compared to Bitcoin, which has relatively low volatility.
- He suggests that Solana, with its responsiveness and ability to capture market fluctuations, is a better choice for potential gains in the current environment.
- Hayes also mentions Ethereum's limitations when compared to Solana in terms of agility and responsiveness.
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25 Likes
Cryptoticker
1w
344
Image Credit: Cryptoticker
LUNC Price Prediction: Terra Classic Price is Plunging
- Terra Classic (LUNC) price is plunging, but recent patterns and strong trading volume suggest a potential rally.
- LUNC's current price is $0.00008496 with a 24-hour trading volume of $18.84 million.
- Intensified token burn activities have driven recent price movements, aiming to enhance scarcity and price stability.
- The proposed re-denomination of LUNC aims to reduce the total supply and increase scarcity, but faces concerns and requires community consensus.
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20 Likes
Bitcoinist
1w
106
Image Credit: Bitcoinist
Shiba Inu Price Movements: Here’s How Many Holders Are Now In Profit/Loss After That Sharp Drop
- The recent sharp drop in the Shiba Inu price has resulted in about 44% of holders being in losses, according to on-chain data from IntoTheBlock.
- The Shiba Inu price rallied from $0.00001660 to $0.00001996 before dropping sharply to $0.00001770, causing fluctuations in profitability for SHIB holders.
- At present, around 52.5% of SHIB addresses are in profit, while 44.62% are in losses, and 2.87% are neither in profit nor losses.
- Addresses that bought SHIB between $0.000015 and $0.000020 have around 60% in profit, 39.32% in losses, and 0.67% at the money.
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6 Likes
Bitcoinist
1w
251
Image Credit: Bitcoinist
Dogecoin Price Repeats Falling Wedge Pattern From 2021, Why A 6,150% Rally To $10 Is Possible
- Crypto analyst Trader Tardigrade has highlighted a bullish falling wedge pattern in the Dogecoin price, suggesting a potential rally to $10.
- Previous bull cycles in 2021 and 2017 saw Dogecoin experience parabolic moves following falling wedge breakouts.
- Analysts Dima James and Master Kenobi also see potential for Dogecoin to rally to $10 and enjoy a massive move ahead of the US elections.
- Other analysts predict the next breakout could send Dogecoin to $0.22, while some suggest a rally to $0.5 if Donald Trump wins the US presidential elections.
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15 Likes
Bitcoinist
1w
187
Image Credit: Bitcoinist
Dogecoin Community Celebrates DOGE Day – What Is It All About?
- The Dogecoin community is celebrating DOGE Day, an annual event dedicated to the beloved meme coin.
- DOGE Day 2024 features a range of fun-themed activities, including a tribute to the meme coin's mascot, Kabosu.
- The main highlight of this year's DOGE Day is an attempt to set a world record for the most dogs brushing their teeth simultaneously.
- DOGE Day commemorates Dogecoin's independence and the launch anniversary of the dog-themed meme coin.
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11 Likes
TronWeekly
1w
140
Image Credit: TronWeekly
Dogecoin Price Set for Major Pump? Key Levels and Patterns Signal Breakout
- DOGE could see a 27% rally if it breaks past the $0.169 resistance level, targeting a rise to $0.209.
- Technical patterns suggest a parabolic breakout for DOGE if it clears key monthly levels.
- Dogecoin’s historical cycles point to strong growth potential, sparking excitement among investors.
- Short-term and long-term analysis indicate that DOGE is poised for a major price movement.
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8 Likes
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