Day: May 4, 2024

Solana price rises 12% as new SOL presale attracts investor attention

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana continues to bolster its claim as the most bullish cryptocurrency during the current bull cycle.  After a sharp decline in April, the Solana price has bounced back up in May. It has rallied 12% from its recent low of $119 and is currently trading at $138 at press time.  Solana’s performance is even more impressive when comparing it to other large-cap cryptocurrencies. According to TradingView, the SOL/BTC trading…

Daily Active Addresses Hit 514,000 As DOT Price Surges 7%

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According to a Messari report, the Polkadot (DOT) blockchain protocol made significant progress in the first quarter (Q1) of the year in terms of market capitalization, revenue, and Cross-Consensus Message Format (XCM) activity, as well as a record increase in daily active addresses. DOT’s Market Cap Surges 16% QoQ During Q4 2023, Polkadot’s market capitalization experienced a notable 111% quarter-on-quarter (QoQ) increase, reaching $8.4 billion. Building on this momentum, Q1 2024 witnessed a further 16% QoQ rise, elevating the circulating market cap to $12.7 billion.  Despite these gains, DOT’s market…

Over 650K Wallet Addresses Still Profitable Amid Recent Price Drop

Shiba Inu (SHIB) has demonstrated resilience despite recent market downturns. Data reveals that roughly over 700 trillion SHIB tokens held by more than 650,000 wallet addresses remain profitable, reflecting steadfast confidence among holders in the token’s long-term value. Shiba Inu Market Resilience Amid Volatility Recent on-chain analytics have uncovered an interesting trend among Shiba Inu investors. Despite a general dip in SHIB’s market price, investors continue to hold a substantial volume of tokens—totaling 733 trillion—showing unrealized gains. These holdings, maintained by approximately 653,530 individual wallets, were acquired at prices ranging…

Memecoins Resurgence? POPCAT And MEW Surge 20%

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As the crypto market settles in on this new phase of the crypto cycle, some memecoins have shown remarkable performance over the last couple of days. Cat-theme tokens have significantly grown in popularity during this bull run, with some, like Cat in a Dog’s World (MEW), making it to the top 10 memecoins list. Other feline-inspired tokens like Popcat (POPCAT) and Wen (WEN) have had a stellar week after recent partnerships that caused the price to surge by 20% overnight. Was The Memecoin Surge Fueled By Bitcoin? The memecoins sector…

Crypto Analyst Predicts A Jump To $1.2 For FTM Price

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Fantom (FTM) had initially reclaimed the $1 level back in March and expectations were that the coin would rise to $2. But that was before the market crash sent prices spiraling, and Fantom lost almost 50% of its value during this time. However, all hope is not lost of for the coin, as one crypto analyst expects a return of the bullish momentum as long as certain conditions are met. Fantom Searching For Support Crypto analyst MyCryptoParadise took to TradingView to share their analysis on the Fantom price and how…

Arthur Hayes foresees market bottom, predicts gradual uptrend

Bitcoin billionaire and former BitMEX CEO Arthur Hayes shared a mix of cautious optimism and strategic moves for Bitcoin following a weekly decline. Hayes’s insights emerge as weekly red candles appear on multiple cryptocurrency charts. These candles reflect the market’s downturn earlier this week, which he believes could be the bottom. “While I don’t expect crypto to fully realize the recent U.S. monetary announcements’ inflationary nature immediately, I expect prices to bottom, chop, and begin a slow grind higher,” Hayes stated in a recent blog post. This perspective comes at…

US Government Could Target Bitcoin, Warns ‘Wolf of All Streets’ Amid Crypto Attacks

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Scott Melker, also known as the “Wolf of All Streets,” has cautioned that the same attacks on cryptocurrencies by the U.S. government “would eventually come for bitcoin, regardless of it being a commodity.” His warning followed recent regulatory actions by various government agencies, including the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), […] Original

Hugewin Crypto Casino: Redefining Cryptocurrency Gaming With Unrivaled Diversity and Unmatched Excitement

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Hugewin Crypto Casino proudly announces its emergence as a groundbreaking force in the realm of cryptocurrency gaming, offering an unparalleled fusion of innovation, diversity, and excitement. With a comprehensive suite of games, a plethora of cryptocurrency options, and enticing promotions, Hugewin sets a new standard for online gaming platforms. Diversity in Cryptocurrency Options: Hugewin stands […] Source