DeFI News by Thebittimes.Com

Every year, the cryptocurrency industry welcomes numerous meme coins. While some make it big a few others turn out to be mere scams. As these assets follow the footsteps of Shiba Inu (SHIB) and Dogecoin (DOGE) only a few have managed to mirror their popularity. A fairly new meme coin that made headlines was Dogwifhat (WIF). The asset has been keeping it low as coins were utility was taking the front stage. But things could be changing for WIF with the start of the new month. Also Read: Solana Vs. XRP: Which Will Turn $1000 Into $1 Million First? Looking Into The WIF Market Source: Biztech Africa Unlike the rest of the market, WIF was seen in a downtrend. The meme coin has been moving downwards since the beginning of the month. Throughout January, the asset has dipped by 34%. During press time, the dogwifhat was trading at $1.20. This was achieved after a significant drop of 9.70% over the past 24 hours. Source: CoinMarketCap While this is certainly bearish for the WIF ecosystem, the as...

With the new year’s dawn approaching hard and fast, the cryptocurrency market eagerly awaits a new surge for Ripple (XRP). 2025 is pivotal for XRP’s growth in many ways as it paves the way for the token to carve a new path that leads toward sovereignty and global domination. Here’s how Ripple (XRP) may perform on 1st January 2025, as technical platforms like CoinCodex predicted. Also Read: BRICS: De-Dollarization Will Continue Faster Under Trump’s Watch Ripple: Is A New Surge Incoming For The Token In 2025? Source: Trackinsight Ripple has always shown an optimistic background, irrespective of the problems that the token has suffered in the past. The current year brought forth a surge of new relief for XRP as the token was finally able to liberate itself from the shackles of the US SEC. At the same time, the launch of RLUSD, with Ripple attracting continuous global institutional interest, speaks volumes about the future potential and mettle of the token. https://twitter.com/e...

Shiba Inu is once again grabbing the headlines. SHIB is currently retracing its steps and trading at a low price of $0.0000136. With bustling news of the Iran-Israel war, Bitcoin may take a dip in the process, drastically affecting the prices of altcoins. Here’s how Shiba Inu may perform in mid-August 2024. Also Read: Shiba Inu 4 Month Forecast: Here’s How SHIB May End 2024? Analysis ">Shiba Inu: Technical Analysis Impact of the Israel-Iran War The brewing Israel-Iran War is now catching pace. With new intelligence reports at hand, the news of Bitcoin tanking to new lows is raging on the internet, with speculatory bandwagons running in full swing. A notable X-handle trader has posted how Bitcoin may document a steep fall in its price if the war situation worsens. BTC can hit as low as $38K, significantly impacting the altcoin market. The situation can propel SHIB to document a new low, which may take a while for the token to recover and redeem. Per intelligence reports, Middle ...