The top three meme tokens — dogecoin, shiba inu, and bonk — have captured double-digit gains over the past day, rising between 23.3% to 37.5% against the U.S. dollar. Dogecoin has risen 29.9% and nears crossing the $0.13 threshold. Dogecoin, Shiba Inu, and Bonk Spark Meme Coin Frenzy With Major Gains They say every dog […] Source CryptoX Portal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. An overwhelmingly bullish 24 hours has swept the crypto market as Bitcoin surges past $63K. This puts it under 9% from its November 2021 ATH, sparking massive excitement among market participants. The elation has spilled over into new altcoins also, with the cloud mining protocol Bitcoin Minetrix recently surging past $11.5 million in its presale. Bitcoin surges as retail and institutional demand floods the market Bitcoin’s rally from $40-$50K…
The recent surge in Bitcoin has significantly impacted the performance of companies associated with crypto mining and trading, most seeing double-digit gains in a month. February is shaping up to be a standout month for Bitcoin, as the leading cryptocurrency has gained over 45% this month, marking the most substantial monthly gain for BTC since December 2020. The bullish uptrend has contributed to a 36% rise in an index tracking digital asset-related firms, a notable recovery from a more than 20% decrease the previous month. The widespread enthusiasm for cryptocurrencies…
With altcoins finally catching up to Bitcoin, meme coins such as Dogecoin, BONK, and PEPE have been in the spotlight. This outperformance from these meme coins has pushed their standing in the crypto market further, putting them ahead of large competitors. Dogecoin Rallies 50% To Reclaim 9th Spot From Avalanche While Dogecoin did start out the week on a slow note, it picked up the pace on Wednesday after Bitcoin’s price rose to $64,000. This rally saw the DOGE price go from $0.09 to over $0.1 in a matter of…
The smart wallet will be an addition to Coinbase Wallet SDK, a software toolkit that allows developers to create a wallet instantly inside of decentralized applications with passkey, meaning no complex systems like using seed phrases or any extra steps will be needed. Source
Ethereum price peaked at $3,500 on Feb. 29, bringing its monthly gains to a remarkable 56%, market supply trends suggest another upswing toward $4,000 could follow in March 2024. Ethereum dominated the price charts in February 2024, outperforming its rival mega-cap Layer-1 coins including Bitcoin (BTC), Solana (SOL) and Cardano (ADA). On-chain analysis examines key data trends that put ETH in vantage positions for another dominant bullish price performance in March. Ethereum supply declines; $2.1B transferred to long-term storage The successful Dencun upgrade testnet execution and growing traction surrounding ETH…
Ethereum has been exhibiting a robust and sustained upward trend, showing its mettle in the volatile cryptocurrency market. At the time of writing, the price of ETH was hovering around $3,743, surpassing its moving averages with considerable bullish momentum. The cryptocurrency community is now eagerly anticipating the breach of the significant $3,500 price threshold, marking a potential milestone for Ethereum’s continued ascent to the highly-coveted $4,000 price tag. Notably, the current price has surged well above the 50-day moving average, which stands at approximately $2,700, underscoring the strength of the…
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On-chain data shows the Bitcoin MVRV ratio is currently at the same high levels as those that led to the parabolic bull run back in 2020. Bitcoin MVRV Ratio Has Shot Up As Latest Rally Has Occurred As pointed out by CryptoQuant founder and CEO Ki Young Ju in a post on X, the MVRV ratio has just hit a value of 2.5. The “Market Value to Realized Value (MVRV) ratio” is a popular on-chain indicator that keeps track of the ratio between the Bitcoin market cap and the realized…
“By investing in the future of TradeTech, we are not just facilitating smoother trade transactions; we are laying the groundwork for a more interconnected and efficient global trade ecosystem,” said Dominik Schiener, co-founder of IOTA and chairman of the IOTA Foundation. Source