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Showing posts from September, 2024

Analyst Calls Trending 'Solana Killer' Altcoin an “Unbelievable Opportunity” for an Easy 2,300% ROI by 2025

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Cryptocurrency markets are excited with the recent spotlight on a new contender in the altcoin world, deemed the “Solana Killer.” Analysts predict this altcoin could deliver a staggering 2,300% return by 2025, positioning itself as a formidable player. With its potential to rival Solana, this crypto offers an “unbelievable opportunity” for investors seeking significant gains. Solana’s Recent Performance and Challenges Solana (SOL), once hailed as a frontrunner in blockchain technology, has hit a crucial juncture. As of September 23, 2024, SOL’s value surged by 7% within a week, reaching approximately $147.28. However, analysts have warned of critical resistance levels, with SOL needing to break past $154 to maintain its upward trajectory. Failure to do so could lead to a sharp decline, potentially falling to $85. This uncertainty leaves investors cautiously optimistic but aware of the risks ahead. Despite Solana's promising growth, key metrics i...

Top Trader Bullish on One Solana Rival After Price Range Breaks – Here’s His Outlook

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A veteran trader known for timely crypto calls says he’s bullish on one Solana (SOL) rival now that it’s showing significant strength. Pseudonymous trader The Flow Horse tells his Telegram channel that he’s “default bullish” on the native asset of the layer-one blockchain Sei (SEI) following its clearance of a multi-month resistance around the $0.40 level. “It’s the weekend so just like trading volumes my posting volumes will be lower, but take a look at SEI – I simply must be default bullish biased on things like this. Summer range broken, retesting, I will just add until proven otherwise. The invalidation is close and this is a key inflection point.” Source: The Stable/Telegram Since the trader’s post, SEI has poked above the $0.50 before correcting. At time of writing, SEI is worth $0.469, up over 4% in the past day. While the altcoin market has been performing well with most crypto assets up in the last ...

Coinbase to Add Proof of Reserves to Bitcoin Wrapper cbBTC

To abolish concerns about its transparency, Coinbase plans to add verifiable proof of reserves to its new Bitcoin Wrapper cbBTC. The Coinbase team confirmed the news on Monday, with the PoR allowing cbBTC to rival other Bitcoin wrappers such as Wrapped Bitcoin (WBTC) and 21.co Wrapped Bitcoin (21BTC). The exchange has been working on the verifiable PoR for some time, and it is now one step closer to becoming a reality. “With cbBTC, we’ve planned PoR since the early days and the team is hard at work building it,” Lukas Staniszewski, a product manager at Coinbase, said in a Sept. 23 post on the X platform. Upon the launch of their wrapped Bitcoin product on September 12, Coinbase was criticized for its lack of transparency. This lack of transparency made experts believe it would fall behind rivals WBTC and 21BTC. Furthermore, the exchange was accused of issuing “paper Bitcoin” to BlackRock this month as well. In addition, Tron founder Justin Sun referred to the launch as “Cent...

New Vote-to-Earn Meme Coin ‘Flockerz’ Launches Presale – Next 10X Potential Crypto

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Offering a fresh and unique concept with its vote-to-earn platform, Flockerz is a newly launched meme coin that has already raised over $326K in its presale. In the fast-paced, player-versus-player landscape of meme coins, where critical decisions are usually controlled by a few, Flockerz flips the script by giving its community, ‘The Flock,’ the power to steer the project forward. Central to Flockerz is FlockTopia, an innovative decentralized autonomous organization (DAO) where every token holder not only has a say but also earns rewards through its pioneering vote-to-earn (VTE) system. In FlockTopia, you’re not just a bystander—you’re actively shaping the project and gaining rewards for every major decision you contribute to. Both newcomers and experienced crypto enthusiasts are expected to flock to Flockerz, helping it grow into one of the most influential communities and leading tokens—$FLOCK. Flockerz Introduces Community-Driven Governance wi...

PepeCoin Price Prediction: PEPECOIN Tops Meme Coin Losers With 8% Plunge, But This New PEPE 2.0 Goes Ballistic In Presale With $16.4 Million Raised

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The PepeCoin price plunged 8% in the last 24 hours to trade at $3.175 as of 03:19 a.m. EST on trading volume that dropped almost 2% to $4 million. The drop made PEPECOIN the top loser among the biggest meme coins by market capitalization, ahead of Turbo, which suffered a 6% slump, according to CoinMarketCap. PepeCoin Price On A Bearish Trend The PepeCoin price picked up momentum in mid-September, soaring from the $2.3 support to the $3.5 resistance, according to GeckoTerminal . PEPECOIN then formed a double-top pattern within this resistance, signalling the possibility of an incoming downward trend. The PepeCoin price has now breached the previous support level at $3.4 (50-day Simple Moving Average (SMA)) but trades above the 200-day SMA, which now acts as the next support zone.   Furthermore, the Relative Strength Index (RSI) is plunging further towards the 30-oversold region, currently at 33, showing that the token is under intense selling pressure. The presence ...

Trending Coins To Buy on GeckoTerminal Today – Jupiter, Book of Meme, zkSync, Shiba Inu

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Several trending coins on GeckoTerminal are experiencing significant market gains due to their increased trading activities. This upward trend is emerging as the broader crypto market rallies from a recent market slump. Investors now have an opportunity to take advantage of the dip ahead of an anticipated bull run season. Additionally, these tokens’ affordable prices provide a perfect entry point for investors. In response, Insidebitcoins has curated a list of the trending coins on the GeckoTerminal platform that fit this profile. We will delve into the factors propelling these altcoins and explain why they are among the best investments today. Trending Coins on GeckoTerminal today   This review offers valuable insights for investors assessing the growth potential of various tokens. Several tokens, including Biaoqing, zkSync, Shiba Inu, Jupiter, and Book of Memes, are currently showing upward trends. They are also affordable, providing investors with ideal market entry po...

Ripple to unlock 1 billion XRP on October 1; What’s next?

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Ripple will unlock 1 billion of non-circulating XRP on October 1. This will happen as more monthly escrows from the token’s initial distribution reach finality, adding fuel to the company’s sales. At current prices, the unlock’s nominal value is $640 million, which will be partially sold in the next few days. According to public ledger data from XRPScan , two accounts hold the three escrows that will reach finality on September 30. Ripple (24) will unlock 500 million XRP in a single transaction, while Ripple (25) will release 400 million and 100 million XRP from two escrows previously programmed. Picks for you OpenAI o1 predicts Bitcoin price for the 2024 'Uptober' 2 hours ago Beware: Cryptocurrencies to unlock $300 million ...

Crypto Trader Says One Low-Cap Altcoin Has ‘Way More Upside,’ Updates Outlook on Bitcoin and dogwifhat

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A closely followed crypto strategist and trader says one enterprise solutions project may have more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that Zilliqa (ZIL) may continue its breakout on the weekly chart. He suggests that the altcoin may be following the lead of dog-themed memecoin dogwifhat (WIF), which is up more than 28% in the last seven days. “If WIF looks like this, wait till ZIL plays catch up! Way more upside with this type of chart!!” Source: Altcoin Sherpa ZIL is trading for $0.0167 at time of writing, up 15.1% in the last seven days. Next up, the analyst says WIF may retest lower levels after breaking out. “WIF: I’d never short this thing in these conditions but I wouldn’t be surprised to see some sort of short term pullback or consolidation at these levels.” Source: Altcoin Sherpa WIF is trading for $2.30 at time of writing, up over 3% in...

Can Shiba Inu (SHIB) replicate Dogecoin’s (DOGE) 2021 bull rally?

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Dogecoin’s (DOGE) ascent to become the top meme cryptocurrency was inspired by the token’s meteoric rise during the 2021 bull market, and now there are chances that Shiba Inu (SHIB) might follow suit. A comparison between SHIB’s current cycle and DOGE’s historical price action suggests that the former might be primed for a major breakout. The possibility of SHIB replicating the top meme coin lies in the fact that Shiba Inu recently broke above its 50-week moving average (MA50) after several months of consolidation, as crypto trading expert Trading Shot observed in a post on TradingView on September 26. SHIB vs. DOGE price analysis chart. Source: TradingView/TradingShot The token is flirting with the upper boundary of a seven-month downward channel, a critical resistance point, while finding support from its long-term 200-week moving average. Picks for you ...

Shiba Inu: 3 Reasons Why SHIB May Make You $1 Million By 2030

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Shiba Inu (SHIB) is one of the most popular and successful cryptocurrencies of the last four years. Since its launch in August 2020, till it hit an all-time high in October 2021, SHIB’s price rallied by many million percent. Early investors made millions of dollars in profits. While some believe that the SHIB boat has sailed and it is too late to make it big with the dog-themed cryptocurrency, others think there is still time to make massive returns. Also Read: Solana October 2024 Price Prediction: Can SOL Hit $200? In this article, we will discuss why SHIB could make you a millionaire by 2030. 3 Reasons Why Shiba Inu Could Make You $1 Million By 2030 One of the most significant barriers to SHIB’s price is its massive circulating supply. One of the most substantial catalysts for SHIB’s incredible rally in 2020-2021 was Ethereum co-founder Vitalik Buterin’s monumental token burn. Buterin received half of SHIB’s supply upon launch but decided to burn 90% of t...

Top Cryptocurrencies to Invest in Now September 26 – Tezos, Celo, ApeCoin

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The People’s Bank of China has unveiled a significant stimulus package aimed at boosting liquidity in the economy, which is causing ripples across global markets. According to reports from the South China Morning Post, this stimulus is being referred to as a “policy bazooka.” The timing of this package coincides with a recent rate cut by the US Federal Reserve, leading to heightened attention from global investors. This increase in liquidity could potentially have a positive effect on the cryptocurrency market. While the immediate effects of China’s stimulus on cryptocurrency prices are uncertain, increased liquidity in the global economy typically encourages risk-taking, and digital assets could benefit from this shift. As such, market participants are looking for the top cryptocurrencies to invest in now . Top Cryptocurrencies to Invest in Now Robinhood recently expanded its cryptocurrency options in New York, now including Tezos. This year, Celo has gained ...