Tag: Altcoin

Solana Decentralized Exchange Altcoin Skyrockets by More Than 400% on Friday After New Exchange Listing

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A Solana (SOL)-based decentralized exchange (DEX) altcoin surged by more than 5x on Friday after South Korea’s largest crypto exchange rolled out trading support for the asset. Traders on the Seoul-based Upbit can now purchase and unload DRIFT, the native asset for the Drift Protocol, an open-source DEX that enables transparent and non-custodial trading. Explains the project’s whitepaper, “Drift was designed with a goal to be capital-efficient but also protective of your assets. We achieved that by setting up sophisticated cross-margined risk engine – a system of tools with an extensive…

Not Dogecoin, This Altcoin Is the Best Under Trump: Crypto CEO

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Este artículo también está disponible en español. Andrew Kang, founder and CEO of Mechanism Capital, has shifted his bullish outlook from Dogecoin (DOGE) to First Neiro On Ethereum (NEIRO) following Donald Trump’s landslide victory in the US presidential election. In a series of posts on X on Wednesday, November 6, Kang asserted that NEIRO is poised for exponential growth in the coming months. Better Than Dogecoin? “With a Trump win, NEIRO as the natural successor to Doge is on a path to billions over the next few months,” Kang wrote.…

Altcoin Market Decline Hits Final Act, Bottom Expected: Analyst

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Este artículo también está disponible en español. After enjoying a mini price run in the last week of October, Bitcoin’s price has corrected below $68k to start the first week of November. While this is normal price action for Bitcoin, this trend also impacts the crypto industry, particularly altcoins. Historical patterns suggest that altcoins’ performance highly depends on Bitcoin’s price action. BTC’s market dominance has hit 60%, affecting altcoin market performance and restricting its price rallies. Related Reading A crypto analyst, Benjamin Cowen, expects that altcoins will face a steep decline,…

TRON Reclaims Its Crown With 43% Dominance In Altcoin Transactions

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Crypto Expert Discloses ‘Hidden Altcoin Gem’ With 1,900% Upside

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Este artículo también está disponible en español. In his latest video analysis titled “I Just APED Into This Hidden RWA Altcoin Gem! [20x Potential],” prominent crypto analyst Miles Deutscher unveiled Chintai (CHEX) as his latest high-conviction investment within the Real World Assets (RWA) sector. Deutscher believes Chintai could offer significant upside potential—up to 1,900% (20x)—in the upcoming market cycle. Deutscher has consistently highlighted RWA tokens as one of his top investment narratives, ranking third behind memecoins and AI for this crypto bull run. “When I look at narratives that can…

RWA altcoin sets ADA community ablaze; AI, and metaverse features to unlock $300t real estate sector

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Cardano could lose support to Propichain as the new altcoin is gaining investor attention for its AI and Metaverse features. Cardano (ADA) has increased slowly over the past month despite rising bullish sentiments, causing doubts among ADA holders. New tokens with high return potential might be the best bet for Q4 2024.  This has pushed investors to Propichain’s RWA altcoin. PCHAIN is also catching mass attention with its upcoming…

SHIB stable despite drop in activity, underwater investors move to 5000x altcoin to recoup losses

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Shiba Inu price has remained stable despite a decline in SHIB’s activity while underwater investors move to the 5000x altcoin ETFSwap to recover their losses. Recent Shiba Inu price predictions have varied, with SHIB maintaining a tepid price action amid the decline in the meme coin’s adoption. Many SHIB investors are still out of the money with the Shiba Inu price below the $0.00002 support level. This has…

Crypto Exchange Binance Adds Newly Launched Ethereum (ETH) Layer-2 Altcoin to Trading Roster

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Binance, the world’s leading cryptocurrency exchange, is expanding its trading offerings to include a new Ethereum (ETH) layer-2 altcoin. According to the exchange, Scroll (SCR) is now available for spot trading using the pairs of SCR/BTC, SCR/USDT, SCR/FDUSD and SCR/TRY. Binance says its customers can purchase Scroll using VISA, MasterCard, Google Pay, Apple Pay or with their wallet balances. According to Binance, Scroll is a project aiming to solve Ethereum network congestion and reduce its fees. “Scroll is a Layer-2 zkRollup solution using zero knowledge proof technology to scale Ethereum,…

DOGE may lose market share to DeFi altcoin DTX Exchange after US elections

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogecoin rose 2.3% to $0.116 as geopolitics calm, but experts warn it may face challenges from DTX Exchange’s $5.3M presale. DOGE’s recent performance and market Dogecoin (DOGE) rose 2.3% to $0.116 on October 15. Market is optimistic as geopolitics calm down. But experts say Dogecoin could be in trouble with DTX Exchange (DTX). DeFi is growing and memecoins like Dogecoin might not be able to keep up. DTX Exchange,…