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Showing posts from October, 2024

Crypto Analyst Says Outsized Move Down in Sight for Memecoins PEPE and WIF – Here Are His Targets

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A crypto strategist is warning meme tokens Pepe (PEPE) and dogwifhat (WIF) are now in prime spots to witness deep corrective moves. Pseudonymous trader Credible Crypto tells his 425,900 followers on the social media platform X that he’s leaning bearish on PEPE. According to the analyst, the current PEPE rally will lose steam, setting the stage for a collapse below $0.00000570. “HTF (high time frame) distribution takes time. After bouncing off of our range lows, we are now back at the range highs and once again struggling to clear them – likely leading to another deviation and failure. The next leg down on BTC should give us an outsized move down on PEPE as well. I’m short.”  Source: Credible Crypto/X At time of writing, PEPE is trading for $0.000011, up over 13% in the past day but still close to Credible Crypto’s range high zone. Turning to fellow memecoin WIF, the trader says the altcoin is flashing a bearish setup at its range highs. “Patiently waited o

Ripple's XRP Vs. Solana: Which Will Hit An All-Time High First?

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Ripple’s XRP token and Solana (SOL) are among the most popular cryptocurrencies in the market. While both projects have a loyal fanbase, SOL’s $72 billion market cap is more than twice that of XRP’s $30 billion. SOL is currently down by about 40.4% from its all-time high of $259.96, which it attained in November 2021. XRP, on the other hand, is down by 84% from its peak of $3.40, reached in January 2018, more than six years ago. Also Read: Neiro Coin’s 5540% Surge: Will the Rally Continue? What Is Keeping Both Assets Down? SOL took a massive hit after FTX collapsed in November 2022. The asset’s price fell below $10 in late 2022 but has since made an incredible comeback. XRP’s price has struggled to gain momentum over the last few years due to Ripple’s lawsuit with the SEC. The fintech company settled the lawsuit with a $125 million fine, and XRP does not seem to have any legal issues. Let’s find out which asset will hit a new all-time high first. Also Read: How to Become a Millionaire

Trader Hints at Parabolic Rally to All-Time High for Solana Rival, Updates Outlook on PEPE and WIF

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A widely followed crypto strategist and trader believes that steep rallies are in store for one Solana (SOL) challenger. Pseudonymous analyst The Crypto Dog tells his 829,200 followers on the social media platform X that layer-1 chain Sui (SUI) may be poised to witness huge bursts to the upside after printing a new all-time high (ATH). With blue skies ahead for SUI, the trader thinks it is within the realm of possibility for the altcoin to go vertical. “We gonna see a proper parabolic ATH break run?”  Source: The Crypto Dog/X At time of writing, SUI is worth $2.32 slightly below its new all-time high recorded just hours ago. Turning to the memecoin Pepe (PEPE), the trader thinks it is gearing up to take out its diagonal resistance and spark a new leg up. “PEPE wants to start something.”  Source: The Crypto Dog/X At time of writing, PEPE is trading at $0.00000962, still below the analyst’s diagonal resistance. Looking at fellow memecoin dogwifhat (WIF), the

Investor story: Why we were wrong to be bullish on Blur? Loss experience in the NFT market

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This podcast mainly discusses the current state of Magic Eden, token valuations, and topics related to NFTs. The two guests share their views on the current NFT market, investment experiences, and potential future developments. Overall, the valuation of Magic Eden’s token might be impacted by the sluggish NFT market, especially with the underperformance of tokens from NFT platforms like Blur and Tensor. Additionally, they explore potential recovery paths for the NFT market, particularly regarding liquidity, IP innovation, and community building. The audio transcription was generated by GPT, so there may be some errors. Please listen to the full podcast: YouTube: Spotify Purchasing BLUR Based on On-Chain Data but Misjudging the NFT Market and the Team defioasis: Welcome back to the WuBlockchain podcast. I’m defioasis, an analyst from WuBlockchain. Recently, Magic Eden announced the launch of a new token, and as we all know, the overall NFT market has been pretty rough from last year to

First Neiro On Ethereum Price Prediction: NEIRO Soars 13% As Pepe Unchained Rockets Past $19 Million In Presale

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The First Neiro On Ethereum price has soared 13% in the last 24 hours to trade at $0.1219 as of 6:25 p.m. EST on a 14% drop in trading volume to $87 million. First Neiro On Ethereum Price Bulls Regain Momentum The NEIRO/USD 4-hour chart indicates a clear rounded bottom pattern and a bullish reversal signal. After bottoming around $0.05, the price began to rise gradually, confirming a shift in momentum from sellers to buyers, indicating the exhaustion of the prior downtrend and the beginning of a new bullish phase, a ccording to GeckoTerminal data . NEIROUSD Analysis Source: Dextools.io Adding to the bullish sentiment, a moving average crossover occurred, where the 50 SMA (blue line) crossed above the 200 SMA (green line), signaling a transition from bearish to bullish conditions. This crossover further strengthens the likelihood of upward price momentum. Before this breakout, the price consolidated between $0.05 and $0.07, which served as a key accumulation zone. This

Mt. Gox delays repayment deadline, pushes it to October 2025

The defunct exchange had an original repayment deadline of October 31, 2024 Mt. Gox said the delay was down to creditors not completing the repayment steps and issues arising from the repayment process In 2024, Mt. Gox collapsed following a security breach, resulting in the loss of 850,000 Bitcoin Defunct crypto exchange Mt. Gox has pushed its repayment deadline to October 2025, adding another year from its original date. According to a statement from the exchange, it will now repay creditors on October 31, 2025. “As it is desirable to make the Repayments to such rehabilitation creditors to the extent reasonably practicable, the Rehabilitation Trustee, with the permission of the court, has changed the deadline for the Repayments from October 31, 2024 (Japan Standard Time) to October 31, 2025 (Japan Standard Time),” Mt. Gox said. This marks the second time the platform has moved its deadline. In a 2023 statement, the platform announced that it was moving it

Bitcoin Price Prediction: As US CPI Rises More Than Expected, Analysts Say Consider This ICO Offering Huge Staking Rewards For DOGE, SHIB, And PEPE

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The Bitcoin Price rose a fraction of a percent in the last 24 hours to trade at $60.373 as of 03:40 a.m. EST on trading volume that rose 7% to $30 billion. This comes as the US consumer price index (CPI) increased a seasonally adjusted 0.2% in September, putting the annual inflation rate at 2.4%. Both were 0.1 percentage points higher than expected. Meanwhile, core inflation, excluding food and energy, increased 0.3% on the month, putting the annual rate at 3.3%. Bitcoin Price Aims For A Bullish Trend Reversal According to data from GeckoTerminal , the Bitcoin price appears to be in a sideways to slightly bearish phase, as the bulls struggle to keep it above $66,000. The recent downtrend from the $62,200 support allowed the bears to push Bitcoin’s price below both the 50-day and 200-day Simple Moving Averages (SMAs). The Relative Strength Index (RSI) is in the lower-middle range, currently at 42, leaning slightly towards oversold territory (below 50 but not yet below 30). This s

Justin Sun is now prime minister of Liberland, an entirely made-up country

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Justin Sun has been appointed prime minister of the ‘micronation’ of Liberland, a small plot of land between Serbia and Croatia that claims to be an independent country despite receiving no diplomatic approval from any recognized nation.  Liberland announced Sun’s new status on Tuesday after an ‘entirely algorithmic blockchain-based election system’ was used to elect him.  It marks his second diplomatic role following his previous stint as ambassador to the World Trade Organization (WTO) for Grenada, which he later lost.  Sun told DLNews that in Liberland, “There are no forced obligations, no taxes, and no mandates imposed on its citizens.” Indeed, the self-proclaimed country models itself on libertarian ideals and the ideas of “self-government.”  The flag of Liberland and its location between Serbia and Croatia (sourced from Wikimedia Commons). The plot of land Sun now rules over is roughly 7 km² in area, (about the size of Gibraltar) and consists of a floodplain. It claims t

Must-Watch Cryptocurrencies of 2024: FoxLetFun, Bitcoin, Pepe, Solana, and Shiba Inu

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The year 2024 is shaping up to be an explosive one for the cryptocurrency market, with several key tokens poised for significant growth. While established players like Bitcoin and Solana continue to dominate, newer contenders like FoxLetFun and meme coins such as Pepe and Shiba Inu are catching the eyes of investors looking for high returns. Here’s why these five cryptocurrencies— FoxLetFun , Bitcoin , Pepe , Solana , and Shiba Inu —are the must-watch assets for 2024. FoxLetFun (FLF): The Memecoin with 10X Potential While FoxLetFun (FLF) may not yet be a household name like some of the others on this list, it is quickly becoming a force to be reckoned with in the memecoin market. What sets FoxLetFun apart is its commitment to real-world impact. FoxLetFun is a memecoin with a mission—dedicated to supporting wildlife conservation and reforestation efforts , the project combines community-driven fun with a meaningful purpose. As a BNB-20 token, it offers fast transactions

Will Popcat Flip Floki And Bonk With 25% October Surge? Crypto All-Stars Zooms Past $2.1M In Presale, Offers 699% APY

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Crypto All-Stars ($STARS) has now raised $2.1 million in its ICO as meme coins appear to be gearing up for another supercycle. In just two months, Crypto All-Stars’s fundraising efforts managed to pull in an average of over $260,000 each week from investors eager for the launch of the industry’s first unified meme coin staking platform, which will serve as a returns multiplier for tokens in the sector amid another bull run. With meme coins reaching a collective valuation of $50 billion in October and substantial returns from micro-cap meme coins making headlines – surpassing even Bitcoin’s ($BTC) returns – the evidence points to an imminent bullish push. Crypto All-Stars provides not just mere novelty but also a way for the sector to generate gains in both bullish and bearish market conditions.  Investors looking to support the launch of this protocol can currently participate in the presale at $0.0014887 per $STARS token. However, in less than 24 hours,

Top 4 Meme Coins to Buy or Trade Now for Massive Gains – $PEPE, $NEIRO, $PEPU, $POPCAT

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Meme coins are gaining significant momentum again, with several showing strong potential for substantial upward movement in the coming weeks and months. The broader crypto market has seen a notable rise, with the global market cap increasing by 0.11%, driven by both large-cap and mid-cap meme coins posting impressive gains. Some larger meme coins have surged by 10-15%, while smaller ones have also performed well. This article highlights the top 4 meme coins to consider buying or trading right now for significant potential gains. Pepe (PEPE) Pepe coin has been showing significant strength recently, having erased a zero from its price once again. In the past week, its price fluctuated between $0.0000084 and $0.0000106, reflecting a 36% surge over the past month. This growth indicates a bullish trend, even amid the market volatility triggered by global events. As the coin continues to recover, it appears to be targeting key resistance levels, with a potential 30% further increase bri