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Altcoins News
TronWeekly
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Pi Network Secures Major VC Backing from 137 Ventures
- Pi Network is trading at $0.4570, down 2.05%, with a 24-hour volume of $81.57 million.
- 137 Ventures has added Pi Network to its investment portfolio, recognizing its potential for large-scale adoption in the blockchain space.
- The upcoming launch of Pi Network's Open Mainnet, along with its mobile-first mining approach, has garnered attention and institutional backing, signaling a move towards becoming a credible Web3 player.
- The investment from 137 Ventures signifies more than financial support, highlighting Pi Network's democratization of crypto access and potential for global adoption through its innovative infrastructure.
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Coindoo
4d
117
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Fidelity’s Solana ETF Faces Another Delay as SEC Seeks Public Feedback
- Fidelity's Solana ETF proposal is facing another delay as the SEC seeks public feedback before making a decision.
- The SEC is soliciting comments and rebuttals for a specified period, highlighting the ongoing regulatory challenges altcoin-based ETFs encounter.
- The delay comes alongside the SEC's recent guidance for crypto ETFs, emphasizing the need for clearer risk factor explanations, although the path for Solana-focused offerings remains uncertain.
- While a new rule change could expedite ETF approval timelines, Solana ETF proposals, like many others tied to altcoins, are currently in a state of uncertainty, prompting some firms to explore alternative strategies.
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TronWeekly
4d
503
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PEPE Price Ready To Moon As Experts Give Expectations Of A 20x Surge
- Experts predict a potential 20x surge in the price of PEPE, with a target of $0.000015 if support holds at $0.0000102.
- Chart patterns suggest a bullish trend for the meme coin, indicating a possible rally fueled by meme coin hype.
- Analysis indicates a repeating breakout pattern in PEPE's price history, with the potential for significant growth up to 20 times the current value.
- PEPE's next move is closely monitored, with expectations of reaching $0.000015 if it maintains support at $0.0000102, supported by a bullish setup and market analysis.
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Coindoo
4d
242
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Bitcoin Signals Fresh Phase as Weak Altcoins Disappear, Says Crypto Expert
- Altcoin correlations with Bitcoin are shifting, indicating a potential change in market dynamics.
- While XRP's correlation with BTC decreased slightly, Solana's correlation has notably increased.
- Over 1,400 altcoins are fading from the market, seen as a positive sign of maturation.
- Bitcoin is experiencing a rare on-chain event, with the SOPR Trend Signal rising for the third time in this bull market.
- It is recommended to monitor the SOPR signal closely for potential market developments.
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TronWeekly
4d
290
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Hyperliquid’s $1.7M Daily Fees Surpass Solana and Ethereum’s Totals
- Hyperliquid's daily transaction fees of $1.7 million surpass leading blockchain networks like Solana, Ethereum, and Bitcoin.
- The platform processed 447 million transactions daily with no gas fees, indicating high user demand.
- Hyperliquid's market cap reached $13.3 billion, with its performance and functionality attributing to increased interest and revenue.
- The platform's annualized revenues are around $798 million, positioning it to become one of the most profitable in the crypto world.
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TronWeekly
4d
117
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XRP’s Next Move: Will Breaking $2.30 Trigger Explosive Gains?
- XRP's trading volume surged despite a minor price decline, with bullish trend showing potential for upward momentum.
- Analysts indicate that reclaiming $2.25 and breaking above $2.30 may lead XRP towards $2.69 and $3.04.
- Market activity has significantly increased for XRP, with important support levels identified at $2.00 and $2.10.
- Speculation on a Ripple ETF launching in 2025 could potentially boost XRP's momentum, focusing on breaking the $2.30 level for a price rally.
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TronWeekly
4d
387
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PENGU Consolidates at Critical Resistance Zone; Can It Break $0.015?
- PENGU prices are trading at $0.01463 with solid resistance at $0.015, hinting at a potential breakout or double top reversal.
- The 24-hour trading volume has reached $216.4 million, indicating growing market interest despite short-term price fluctuations.
- Key support is between $0.0124 and $0.0127, with a breakdown potentially leading to a price drop to $0.0075, while a breakout could target $0.023–$0.025.
- PENGU is showing increased interest within the crypto community, with a price up by 0.26% over the last week and currently trading at $0.01463. The coin is within an accumulation phase for potential upward movement.
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Coindoo
4d
125
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Bonk to Burn 1 Trillion Tokens After Nearing 1 Million Holders
- Bonk plans to burn 1 trillion tokens after nearing 1 million holders without a specified timeline provided.
- The current market cap for Bonk is about $1.8 billion, making the planned burn a small fraction of the total supply.
- It remains unclear if the tokens will be removed from circulating supply or taken from team-owned reserves.
- While the Bonk community welcomes the news, analysts caution that token burns in the memecoin space may not always lead to significant price changes.
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TronWeekly
4d
282
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FLOKI Forms Strong Base, Breakout Could Ignite 50% Rally
- FLOKI shows strength with a 10% weekly gain amidst altcoin recovery.
- Open interest in FLOKI rises to $49.88 million, indicating potential for a breakout.
- Price consolidates above key support, forming a strong base for an upward move.
- Breakout from a descending broadening wedge suggests a possible 50% rally for FLOKI.
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TronWeekly
4d
278
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Top Memecoin Buys for July 8: One Could Explode Your Portfolio
- Memecoins are gaining popularity among investors, providing opportunities for substantial portfolio growth.
- Investors are encouraged to explore lesser-known memecoins beyond popular ones like DOGE, PEPE, and SHIB for potential profits.
- Top memecoins highlighted for potential growth include REKT, trading at $0.00000034595 with a 24-hour high of 10.2% and a $146 million market cap.
- Other memecoins to watch are Memecore, trading at $0.1649 with a 24-hour high of 104.8%, and MIXIE, trading at $0.02339 with a 24-hour high of 10,593%.
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TronWeekly
4d
109
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Avalanche (AVAX) Poised for Breakout After Forming Double Bottom Pattern
- Avalanche (AVAX) has formed a double bottom pattern near key Fibonacci support, suggesting a potential breakout.
- Price needs to stay above $17.52 and break through $19.15 for bullish confirmation and momentum continuation.
- The weekly chart displays a double bottom and Bollinger Band support, offering a solid risk-reward setup.
- AVAX is showing indications of a potential breakout amidst recovering crypto markets, with technical setups and market recovery factors fueling optimism.
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TronWeekly
4d
173
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TON Foundation Clarifies UAE Golden Visa Project Status After Regulator Statement
- TON Foundation clarified that its Golden Visa plan does not have official endorsement from the UAE government.
- UAE regulators denied any involvement in a crypto-based visa program following TON's announcement.
- TON token price dropped over 10% after the visa initiative was flagged as unofficial by authorities.
- The TON Foundation is determined to develop responsible blockchain applications and digital asset solutions within compliant frameworks.
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TronWeekly
4d
141
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Solana ETF Approval May Arrive Before October SEC Deadline
- The Securities and Exchange Commission (SEC) requests Solana ETF issuers to submit new S-1 filings by the end of July, focusing on technical processes and mechanisms for staking.
- Recent actions by the SEC suggest that approval for Solana ETFs may arrive before the official October 10 review deadline, indicating a potential shift in approval timelines.
- The approval of REX-Osprey SOL and Staking ETF (SSK) has expedited the SEC's review process for Solana ETFs, aiming to maintain competitive balance in the market.
- If approved, Solana would become one of the limited cryptocurrencies with U.S.-based spot ETF products, alongside Bitcoin and Ethereum, potentially opening up diversified investment avenues for digital assets.
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TronWeekly
4d
230
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XRP Holds $2.00 Support: Eyes Set on $2.50 Resistance
- XRP is currently hovering around the $2.00 - $2.10 support zone, with traders aiming for a potential 20% rebound towards the $2.50 resistance.
- Derivatives volume surged 110.59% to $8.94 billion, and open interest increased by 5.76%, indicating heightened market activity.
- ETF speculation for 2025 and corporate treasury accumulation of over $400 million are contributing to the anticipation surrounding XRP’s next moves.
- Technical dynamics and key levels for XRP are closely watched, with $2.00 as support and $2.50 as resistance. Mixed signals from momentum oscillators and cautious derivative traders are influencing market sentiment.
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Bitcoinsensus
4d
28
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Mori Coin: Why This Tiny Crypto Is Making Big Waves
- Mori Coin is gaining attention as a trending token on CoinMarketCap, emphasizing community governance, rewards, and early token utility.
- The project positions itself as a grassroots token focused on community participation and shared incentives, designed to grow its user base through interaction.
- Market behavior for Mori Coin is uncertain, with expectations of volatility and the importance of conducting individual research due to its recent climb in visibility.
- Mori Coin is a newly launched token with a focus on decentralized governance and social engagement features, attracting interest for its community-first approach and early momentum.
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