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Showing posts with the label investor

This Pepe Investor Made $1.77 Million: Here's How

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Pepe (PEPE) has been one of the best-performing cryptocurrencies of the last year. Since its launch in April 2023, the frog-themed crypto has rallied by many thousand percent. Investors who got in early have made millions of dollars in profit. Also Read: PEPE and BONK Price Prediction For September 2024 Pepe Investor’s Success and Future Performance Predictions Source – Coin98 Pepe Investor Makes $1.77 Million According to data from LookOnChain, one investor made $1.77 million with frog-themed crypto. The crypto Analysis firm highlights that the investor spent 200,000 USDC to buy 170 billion PEPE on Oct. 20, 2023. The investor held on to the tokens till July 25, 2024, selling them for $1.97 million. The investor’s holdings had risen by a cool 886%. A $PEPE diamond hand who made $1.77M(+886%) spent 1.34M $USDC to buy 173B $PEPE again! This trader spent 200K $USDC to buy 170B $PEPE on Oct 25, 2023 and held it until Jul 25, 2024, when he sold it for 1.97M $USDC, making a profi...

SHIB and FET investors turn attention to $RBLZ amid strong price projections

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TLDR Several market experts are forecasting a 55% price increase for Shiba Inu (SHIB) by the end of 2024. Some analysts believe Fetch.ai (FET) will achieve a price of $3.87 by December 2024. Strong growth projections from a number of analysts have convinced investors that Rebel Satoshi ($RBLZ) could be one of the altcoins to watch. With remarkable adoption during its presale, Rebel Satoshi ($RBLZ) has become one of the top ICO choices for investors. Meanwhile, investors in top altcoins like Shiba Inu (SHIB) and Fetch.ai (FET) are flocking to $RBLZ for potential gains. Let’s explore what’s happening around SHIB, FET, and $RBLZ. SHIB’s price surge by 197% in Q1 of 2024; What’s ahead? Shiba Inu‘s native token, SHIB, went on a remarkable ride in the first quarter of 2024, aligning with the broader meme coin rally. Within the first three months alone, SHIB’s price surged by 197%. Although Shiba Inu faced a correction phase i...

Hodling hard: Bitcoin's long-term investors own over 76% of all BTC for the first time

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BTC supply dynamics show all-time high percentage ownership by long-term holders, and Bitcoin investors should "do the math" as a result, analysis says. Bitcoin (BTC) is becoming scarcer than ever — if you are a BTC price speculator or new to the market. The latest data from on-chain analytics firm Glassnode shows a record portion of the available BTC supply is locked up in long-term storage. Bitcoin long-term holder presence beats all-time highs At more than 76%, Bitcoin’s long-term holders (LTHs) control more of the BTC supply than at any point in history. Despite the supply increasing with every block, in percentage terms, the low-time preference Bitcoin investor cohort has a record market presence. As noted by Charles Edwards, founder of quantitative Bitcoin and digital asset fund Capriole Investments, the achievement marks a first in Bitcoin’s lifespan. “A record 76.2% of the Bitcoin network is locked up with long-term holders today,” he wrote on X on Oct. 18. “Topp...

Polygon releases update, MATIC unmoved as investors explore alternatives

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Polygon’s recent Dragon Fruit update has not impacted MATIC prices as developers might have expected. MATIC is Polygon’s native utility token. Amid this, Ethereum-based blockchain projects like InQubeta are actively being explored. InQubeta takes on the inefficiency and inaccessibility of traditional investment avenues by creating a secure and transparent alter native . It aims to open up investments in artificial intelligence (AI), facilitating the industry’s growth while looking to provide investment opportunities for users. In the present system, numerous mainstream investment options employ discriminatory practices that restrict access to their services, primarily benefiting only the world’s highest earners. You might also like: Polygon’s legal officer weighs in on SEC’s lawsuits amid growing opposition While MATIC prices haven’t grown much lately, 2023 has been a good year for the Ethereum scaling solution as it makes major waves...

Where’s the recession? These 3 economic indicators can alert investors to a market downturn

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Analysts have called for a U.S. recession all year, but stocks continue to creep higher. Here are three metrics investors can watch to know if an economic downturn is coming. Inflation came down a lot faster than most investor s and analysts anticipated, reaching 3% in June. The recession that most analysts predicted is nowhere to be seen, according to the 3.6% unemployment rate nearing a 50-year low and the S&P 500 Index showing a 19% gain year-to-date. While the current market performance may lead investor s to believe that a recession has been avoided, there are three metrics that have been able to consistently predict recession s over time. These leading economic indicator s are key economic variables that tend to move ahead of changes in overall economic activity, providing an early warning system for changes in the business cycle. Let’s dig into three of these indicator s and explain how investor s can interpret them. Yield curve inversion The yield curve represents th...