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Altcoins News
TronWeekly
2w
371
Image Credit: TronWeekly
Shiba Inu’s Historical Highs: Will They Be Broken Again?
- Shiba Inu has broken out of a descending triangle pattern, indicating potential price increases.
- There is speculation that SHIB could revisit or surpass its historical high of $0.0000888.
- Technical indicators suggest a bullish outlook for SHIB.
- Shiboshis, the Ethereum-based NFTs within the Shiba Inu ecosystem, are set for a major overhaul, offering enhanced utility and rewards to holders.
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22 Likes
TheNewsCrypto
2w
415
Image Credit: TheNewsCrypto
Toncoin (TON) Exudes Bearish Vibes But Some Signs Disagree?
- Toncoin (TON) observed a decline of 13.25% over the past 30 days.
- The altcoin hit a 7-week low of $4.517 this October.
- Toncoin (TON) recorded its 7-week-low at $4.517 on October 25. On Saturday, it picked bullish cues to surpass $5. At press time, TON traded at $5.026 with a market cap of $12.78 billion.
- A descending triangle pattern is seen when analyzing Toncoin’s (TON’s) trajectory since the start of 2024. This pattern indicated a bearish sentiment. However, the CMF’s indication of a rise in capital inflow points at mixed signals. This contrast in technical analysis could indicate a potential turning point in the form of a trend reversal.
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Coinpedia
2w
25
Image Credit: Coinpedia
ENA Price Nears $0.50 with 15% Surge – Can It Reclaim $1 in 2024?
- ENA token price surged by 15.68% in the past 24 hours, reaching a market cap of $1B.
- The altcoin is approaching the $0.50 mark and showing signs of a potential triangle breakout rally.
- The ENA price has increased by 98.82% in recent months, currently trading at $0.3861.
- If the triangle breakout rally occurs, there is a possibility for ENA to reach $1.50.
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Coinpedia
2w
272
Image Credit: Coinpedia
DOGE Surges By 28%, BRETT & SUI by 12%, ENA by 15%—Is This the Beginning of an Altseason?
- The crypto market is experiencing a surge in momentum as Bitcoin price gains traction.
- Top gainers include Dogecoin (DOGE), BSV, ENA, BRETT, and RUNE.
- Dogecoin is showing potential for a 'Golden Cross' and a 25% jump in price.
- BRETT and ENA are also expected to close the month on a bullish note.
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16 Likes
TronWeekly
2w
173
Image Credit: TronWeekly
LUNC Community Divided On Burning 250B Tokens
- The Terra Luna Classic community plans to burn 250 billion LUNC tokens on October 31st to reduce the massive token supply.
- Mixed community reactions with some suggesting burning USTC instead and others doubting the price potential of LUNC.
- The formation of a bullish hammer candle on the daily chart sparks optimism among investors for a potential price reversal.
- The effectiveness of the burn mechanism and its impact on LUNC's price remains uncertain, and the community awaits the outcome of the burn event.
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10 Likes
TheNewsCrypto
2w
224
Image Credit: TheNewsCrypto
Circle and Hong Kong Telecom Collaborate on Blockchain Loyalty Solutions
- Circle has signed an MOU with HKT to explore a blockchain-based customer loyalty solution for merchants in Hong Kong.
- Hong Kong is considering imposing new tax concessions for virtual assets.
- Circle and HKT partnership aims to modernize business-customer engagement using Web3 technology.
- Hong Kong plans to issue more licenses for cryptocurrency exchanges by the end of 2024.
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13 Likes
Coinpedia
2w
268
Image Credit: Coinpedia
Why is Dogecoin (DOGE) Price Surging Today?
- The DOGE price surged after Elon Musk announced his ambitious plan to save taxpayers $2T with “Department of Government Efficiency”.
- With Musk making an unofficial reference to the largest memecoin, will the self-styled “Dogefather” of Dogecoin kickstart another bull rally for DOGE memecoin similar to its 2020-21 rally?
- The Dogecoin crypto has breached its resistance trendline of the triangle pattern, experiencing a jump of 14.63% in the past 24 hours and a trading volume of $3.719 billion.
- The EMA 50/200-day has recorded a Golden Cross in the 1D time frame, indicating a rise in bullish sentiment for Dogecoin.
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16 Likes
Cryptonews
2w
17
Image Credit: Cryptonews
Dogecoin Pumps Following Elon Musk’s Appearance at Trump Rally
- Dogecoin saw significant gains following Elon Musk's appearance at a Trump rally.
- DOGE spiked nearly 12% in the past 24 hours due to the collaboration between Trump and Musk.
- Trump announced the creation of a new government division, to be led by Musk, with the acronym DOGE.
- Dogecoin's price surge is attributed to the potential influence of Musk in government if Trump wins the election.
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Bitcoinik
2w
125
Image Credit: Bitcoinik
Cardano Set to Revolutionise Blockchain Gaming and Privacy with Nintendo Emulator on Hydra and Enhanced Bitcoin Compatibility!
- Cardano founder Charles Hoskinson announced plans to integrate a Nintendo emulator on Cardano's Hydra layer, allowing gamers to play classic Nintendo games on the decentralized network.
- Cardano is also advancing its reach into Bitcoin interoperability with Bitcoin privacy solutions via BitcoinOS and the Midnight protocol.
- Cardano hinted at the introduction of a super node aimed at optimizing network performance and scalability.
- The trade price of ADA coin, the native token of Cardano, is currently $0.34, experiencing a 1.19% increase in the last 24 hours.
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7 Likes
Bitcoinik
2w
346
Image Credit: Bitcoinik
Dogecoin (DOGE) Shows 12% Rally Amid Elon Musk’s Support in Donald Trump Rally
- The trade price of Dogecoin (DOGE) surged by 12% in the last 24 hours due to Elon Musk's support during a Donald Trump rally.
- The mention of the Department of Government Efficiency during the rally led to the increase in DOGE price.
- Elon Musk's involvement in the rally has the potential to further popularize DOGE.
- Experts predict that DOGE may try to move close to $1 and its short-term target is $0.2.
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20 Likes
Cryptonews
2w
272
Image Credit: Cryptonews
The Biggest Trade I’ve Seen! Bitcoin’s $72K Resistance in Sight!
- A member of the Empire community secured a massive 5000% profit on NEIRO/USDT trade.
- Bitcoin is on track for a potentially bullish week, with strong support at the weekly close and a potential breakout above $70,000 resistance.
- Altcoins experienced a sharp drop, with some coins like FTM, RUNE, and PEPE falling by as much as 15%.
- Altcoins tend to drop harder and faster than Bitcoin when Bitcoin faces resistance, due to traders shifting funds into Bitcoin.
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TheNewsCrypto
2w
368
Image Credit: TheNewsCrypto
Maker (MKR) Price Predicted to Hit $3000?
- MKR has seen a price comeback as demand for DeFi solutions drives larger market recovery.
- Investors and experts predict a climb to $3,000 for MKR driven by fresh enthusiasm in DeFi protocols and Maker's position as the issuer of DAI.
- Main drivers behind the $3,000 forecast include the popularity of DAI among DeFi enthusiasts, MakerDAO's enhancements, and increasing institutional interest in DeFi.
- Technically, MKR's price has been trending upward, with support levels around $1,200. If MKR surpasses $2,000, a strong momentum might push it above $3,000, depending on market conditions.
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22 Likes
Bitcoinsensus
2w
207
Image Credit: Bitcoinsensus
Is Trump’s Poll Success is Boosting Dogecoin?
- Dogecoin's value is rising alongside Trump's poll gains.
- Elon Musk's D.O.G.E. proposal and his support for Trump have boosted Dogecoin.
- This trend highlights how political events and influencer endorsements impact cryptocurrency markets.
- Dogecoin holders believe they stand to gain with a potential Republican victory in the upcoming election.
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12 Likes
Bitcoinist
2w
138
Image Credit: Bitcoinist
Memecoins Thrived Under SEC’s ‘Oppressive Regime,’ Crypto Analyst Says
- A meme coin analyst suggests that the rise of memecoins is driven by money supply rather than politics.
- The analyst states that meme coin buyers are not concerned about politics but rather the opportunity for high-risk investments.
- A professor predicts that a Republican win in the White House or Republican sweep in the US national elections would lead to the end of meme coins.
- He argues that meme coins are used as a form of economic protest against regulatory crackdowns and VC-backed coins.
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8 Likes
TheNewsCrypto
2w
147
Image Credit: TheNewsCrypto
Top Meme Coin Loved by the Indian Community
- Meme coins have become popular among India's crypto-savvy population.
- Shiba Inu (SHIB) is gaining popularity among Indian investors.
- Shiba Inu's affordability and community-driven development appeal to Indian investors.
- Shiba Inu's efforts to expand its ecosystem and potential long-term value make it a favorite meme coin in India.
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