Tag: Altcoin

Solana-Based Altcoin Surges More Than 42% This Week Amid New Listing on Top Crypto Exchange Binance

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A Solana (SOL)-based altcoin rallied by more than 42% this week amid news that Binance is adding spot trading support for the digital asset. Pyth Network (PYTH) is an oracle network that aims to provide real-time financial data to smart contracts and decentralized applications (DApps). This week, the project’s native token PYTH soared to a seven-day high of $0.539 from a weekly low of $0.378, an increase of 42.59%. The 96th-ranked crypto asset by market cap has retraced from its recent high and is trading at $0.461 at time of…

Top US Crypto Exchange Coinbase Rolls Out Trading for New Layer-1 Altcoin

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Users of top US crypto exchange Coinbase can now buy, sell and hold the new token of the layer-1 blockchain and smart contract platform ZetaChain (ZETA). Coinbase says it is rolling out support for the altcoin, which launched on February 1st, with the experimental asset label. The exchange gives this mark to tokens that pose certain risks such as price swings and canceled orders because of lower trading volume and availability. ZetaChain is a proof-of-stake blockchain designed to seamlessly enable different blockchain networks to communicate and interact with each other.…

Chainlink Surge Powers Altcoin Market, Bulls Aim For $20 Target

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Chainlink (LINK), the leading oracle network on the blockchain, has been on a tear, outperforming the broader market with a 30% gain in the past week. This surge has pushed LINK’s price to $17.82, solidifying its dominance among altcoins, as bulls set their sights on the vaunted $20 target. Chainlink On-Chain Activity Hints At Renewed Investor Interest Analysts point to several factors driving the rally. Santiment, an on-chain data provider, revealed a surge in activity from previously dormant wallets, suggesting renewed investor interest. This is reflected in the “Age Consumed”…

Crypto Exchange Coinbase Puts Solana-Based Altcoin on Listing Roadmap

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Top US crypto exchange Coinbase is listing another Solana-based (SOL) altcoin as the Ethereum (ETH) rival’s ecosystem heats up. In a new announcement, Coinbase says it is adding Render (RNDR) to its “listing roadmap,” which alerts customers that the exchange could soon add support for certain assets. Render is an image-synthesizing ecosystem consisting of distributed Graphics Processing Unit (GPU) computers. Says Render, “The network allows for a model that improves render speed for artists while reducing costs and increasing scale. It improves capital efficiency by utilizing idle GPU compute capability,…

Analyst bullish on Polkadot; Pullix and Maker leading altcoin season

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto analyst Michaël Van De Poppe is bullish on Polkadot (DOT). Meanwhile, Pullix (PLX) and Maker (MKR) are some of the emerging altcoins that are gaining traction. Some analysts predict that PLX, which is now in stage 7 of 8 of its presale, will rally in 2024.  Polkadot to $17? Michaël Van De Poppe believes DOT is bullish as prices retest crucial support at around $5.50.  The correction has…

Solana breaks above $100, new altcoin could be next

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana is in an uptrend, rising above $100 for the first time in more than a week. However, it still trails Bitcoin Minetrix whose presale is approaching $10 million. Solana rallying Solana has outpaced other top 10 players when writing, adding 7.08%. It is also up 28% this week. Solana is the fifth largest cryptocurrency, with a $45 billion market cap and a $2.9 billion 24-hour trading volume. Its…

Bitcoin sliding, analysts explore altcoin alternative

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The Bitcoin price has fallen below $40K, stoking fears of even more downside. As such, traders are seeking alternative projects unaffected by the recent pullback. One such crypto is Bitcoin Minetrix, a project that enables users to cloud mine Bitcoin by staking BTCMTX. It has already raised over $9 million. The project incentivizes early buyers, with the price incrementally increasing throughout the presale. Currently, BTCMTX is available for $0.013.…

XRP holders focus on new altcoin amid market fluctuations

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP is among the top altcoins. RBLZ hits $0.022 in presale Analysts are bullish on XRP and Rebel Satoshi, looking at their performance in the recent past. XRP may rally Despite the broader market recovery, XRP has underperformed.  On Jan. 10, the U.S. SEC approved all spot Bitcoin ETFs. Before then, altcoins, including XRP, had been trending higher. Despite recent difficulties, XRP rose from $0.5797 on Jan. 10 to $0.5818…

Top Crypto Exchange Binance To Roll Out Support for New Altcoin on Launchpool Platform

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Top global crypto exchange Binance has announced plans to support another new altcoin via its Launchpool platform. Binance Launchpool, which lets users stake coins to farm new assets, says its 45th project will be AltLayer (ALT), an open and decentralized protocol for Ethereum (ETH) rollups. Rollups are solutions that execute transactions outside of Ethereum’s blockchain but record the transactional data. They’re designed to help with scaling by reducing transaction costs and congestion on the main Ethereum chain. Between January 19th and the 25th, Binance users can stake BNB as well…

Ukraine’s anti-corruption head candidate appears to be altcoin bagholder

A candidate for the head of Ukraine’s anti-corruption agency appears to be DOGE and LUNC holder, according to an official declaration. Kateryna Kapliuk, a former journalist at Ukrainska Pravda and current candidate for the head of Ukraine’s National Agency on Corruption Prevention (NACP), disclosed in her declaration she had acquired over 30 altcoins during her tenure at the agency. According to the document, Kapliuk, who joined NACP in 2020 as an advisor to NAPC Chairman Alexander Novikov, was buying multiple cryptocurrencies until mid-2022, with a total sum of 127,165 UAH…