Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. FLOKI, WIF, and APORK have been labeled as June’s top altcoin picks by crypto experts. Many market experts have agreed that the trading of Ether ETFs scheduled to begin in June would kick off a major altcoin season. In this period, the global altcoin market is expected to perform better than Bitcoin, yet some coins will stand out more than others. So, according to crypto experts, Floki, Dogwifhat, and…
Tag: Altcoin
Altcoin Giant Trims Recent Gains, Can It Recover?
BNB price struggled above $720 and started a downside correction. The price is now moving lower and there is risk of more downsides below $600. BNB price started a fresh decline below the $650 support zone. The price is now trading below $650 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $650 on the hourly chart of the BNB/USD pair (data source from Binance). The pair could gain bearish momentum if there is a close below the $600 support. BNB Price…
Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin (BTC) Price Hits $71K
Looking at the largest digital asset, bitcoin topped $71,000 for the first time since May 20 before paring gains and reversing to the low $70,000s. A fresh set of U.S. manufacturing data Monday hinted at a cooling economy, potentially putting interest rate cuts back on the Federal Reserve’s view later this year to loosen financial conditions. Source
Altcoin Soars Over 400%, Blazes New All-Time High
The cryptocurrency sector is witnessing a new gold rush, and this time, it’s happening on a messaging app. Notcoin (NOT), a Telegram-based token, has exploded in value over the past week, surging 400% and reaching its all-time high of $0.027. This astronomical rise has left analysts scrambling to understand the driving force behind this social media-fueled frenzy. Related Reading From Humble Beginnings To Meteoric Rise Notcoin’s journey began modestly as an in-game currency for a Telegram clicker game launched in late 2023. Players could earn NOT tokens by tapping a…
Rumor Of Apple Partnership Sends Crypto Altcoin Soaring By 20%
A whirlwind of speculation is currently surrounding the crypto asset JasmyCoin (JASMY), colloquially termed the “Bitcoin of Japan,” following a recent announcement from the Prime Minister’s Office of Japan. Yesterday, it was disclosed that a video conference between Prime Minister Kishida and Apple CEO Tim Cook had confirmed the integration of Japan’s My Number Card function into iPhones by next spring. Crypto Investors Speculate On Apple Collaboration The news has sparked a significant rally for JASMY, leading to a 20% increase in its market value within the last 24 hours,…
Coinbase-Backed Altcoin Skyrockets Nearly 100% After Earning Listing From Korean Exchange Upbit
South Korean crypto exchange Upbit has announced the new listing of a low-cap altcoin, triggering explosive price action. In a new announcement on May 29, Upbit says they’re listing Bounce (AUCTION), a crypto project focused on blockchain-based auction technology. The project, created by Bounce.Finance, is a decentralized auction platform that allows for the swapping of tokens in a competitive environment with a limited supply of tokens. Bounce is backed by several large players in the space, including Pantera, Coinbase Ventures and Blockchain Capital. Following the announcement from Upbit, AUCTION exploded…
Chainlink Performance Crucial For Altcoin Market, Analyst Suggests Rally Ahead
Chainlink (LINK) has recently been identified as a significant influencer within the altcoin sector. Noted by crypto analyst Michaël van de Poppe, LINK’s market movements are increasingly seen as a barometer for the broader altcoin ecosystem. This observation places Chainlink at the center of potential market trends, suggesting that its performance could presage movements across other cryptocurrencies. Related Reading Chainlink $16 Mark: Catalyst for Altcoin Market Optimism Van de Poppe’s analysis, shared on social media platform X, underscores the importance of Chainlink’s price stability around the $16 mark. Maintaining this…
While Ethereum Shines, Analyst Reveals Top ‘Under-Radar’ Altcoin
In a recent post on X, renowned crypto analyst Alex Wacy outlined his perspectives on the current state of the crypto market and his top pick for an “under-the-radar” altcoin following the recent price surge of Ethereum. Despite its position as the 9th largest cryptocurrency by market capitalization, Wacy remains bullish on the potential of Toncoin (TON), a third-generation blockchain. “Altseason is coming while Ethereum shines. Now is the time to pick your biggest bets with high conviction. L1s are about to boom, and here is my under-radar pick!” Wacy…
Altcoin Season Soon? Quant Says This Ethereum Pattern Could Suggest So
A quant has explained how a pattern currently forming in the Ethereum Open Interest could imply the altcoin season is coming “sooner than expected.” Altcoin Season May Be Approaching Soon Based On Ethereum Pattern In a CryptoQuant Quicktake post, an analyst has discussed about why an altcoin season may be coming soon for the cryptocurrency sector, based on a trend taking place in a couple of Ethereum and Bitcoin indicators. The first metric of relevance here is the “Open Interest,” which keeps track of the total amount of derivatives positions…
Crypto Exchange Coinbase Adds Bitcoin Ecosystem Altcoin to Its Listing Roadmap
Coinbase, the largest crypto exchange in the US, has announced the potential future listing of an altcoin within the Bitcoin (BTC) scaling ecosystem. The exchange announced that Core (CORE) is now on its listing roadmap, meaning the exchange will possibly list it for trading in the future. Core is designed to be a hyper-scalable complimentary smart contract platform to Bitcoin. Core’s ecosystem consists of several major components, including its Satoshi Plus consensus mechanism, its non-custodial staking and its native version of wrapped Bitcoin. CORE currently has a market cap of $1.96…