Tag: Outperforms

Fantom’s FTM Outperforms Ahead of Upgrade

Layer 1 blockchain Fantom’s native token, FTM, has gained over 190% in four weeks, becoming the best-performing non-meme cryptocurrency among the top 100 digital assets by market value. FTM’s price surged to $1.16, the highest since April 2022, according to data tracked by CoinGecko. The token’s market capitalization jumped to $3.29 billion, becoming the 44th largest digital asset in the world. Fantom’s impending Sonic upgrade, expected to boost transaction processing speeds, may have galvanized investor interest in the cryptocurrency. The Sonic mainnet will replace the existing Opera mainnet in the…

Bitcoin (BTC) Price Falls While SOL Outperforms

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Ethereum Outperforms Bitcoin As Institutional Investors Clamor For ETH Exposure

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Reports have revealed that institutional investors are shifting their focus to Ethereum, displaying a preference compared to the largest cryptocurrency, Bitcoin. Despite Bitcoin’s recent rally to over $55,000, Ethereum’s unique features and potential developmental capabilities continue to capture institutional players’ interest.  Institutions Favor Ethereum Over Bitcoin On February 24, cryptocurrency exchange, Bybit, published a research report on its users’ asset allocation. The research examined investors’ hodling and trading behaviours, covering the period from July 2023 to January 2024. Bybit’s report also provided valuable insights into investors’ asset allocation across cryptocurrencies…

Rebel Satoshi rallying, outperforms XRP and BONK

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rebel Satoshi is firm ahead of official launch and exchange listing. Bitcoin maximalist Max Keiser bashes XRP Bonk launches community-developed wallet organizer as OKX lists BONK. XRP and Bonk (BONK) are stagnant. On the other hand, Rebel Satoshi (RBLZ) supporters are upbeat ahead of launch. Rebel Satoshi trends higher in presale Rebel Satoshi aims to create a more equitable financial landscape using crypto.  The project also plans to redistribute wealth from…

New meme coin gains momentum, outperforms XRP and Shiba Inu

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. NuggetRush is a GameFi project with a unique NFT gaming strategy. XRP has seen a remarkable 244% increase in fund inflows, reaching $2.2 million. Shiba Inu (SHIB) has seen a 1300% surge in whale activity. In crypto, where innovation meets investment, NuggetRush, XRP, and Shiba Inu, continue to draw investor attention.  NuggetRush proposals NuggetRush is a new GameFi project designed with a distinct strategy for NFT gaming.  Unlike most competitors in…

Ethereum Price Rallies 5% and Outperforms Bitcoin – Is This Strong Bullish Sign?

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Ethereum price climbed higher above the $2,450 resistance. ETH outpaced Bitcoin and seems to be setting up for a larger increase toward $2,880. Ethereum is gaining pace above the $2,450 resistance level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break above a key rising channel with resistance near $2,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair is already up over 5% and might rise further above the $2,650 resistance. Ethereum Price Gains Strength Ethereum price started a…

MicroStrategy Buys $615M Worth of Bitcoin, MSTR Stock Outperforms BTC 2:1

Analysts are characterizing MicroStrategy’s stock as akin to an “essentially a leveraged Bitcoin ETF” due to its exposure to the cryptocurrency. In the latest announcement on Wednesday, December 27, MicroStrategy Inc (NASDAQ: MSTR) acquired an additional 14,620 Bitcoins in the past month, spending $615.7 million at an average price of $42,110 per bitcoin, as outlined in a recent Form 8-K filing on its website. After MicroStrategy’s purchase, the Bitcoin (BTC) price has surged past $43,000 as of press time. As per the filing, MicroStrategy conducted the purchases between November 30…

Bitcoin Price Outperforms – Key Reasons Why Bulls Still Aim $48K

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Bitcoin price is moving higher and recently broke the $43,500 resistance. BTC is still in a strong uptrend and might gain pace for a move above $45,000. Bitcoin extended its increase and climbed above the $43,500 resistance zone. The price is trading above $43,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support near $43,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could continue to move up if there is a close above $44,500 and…

Solana-Based Meme Coin Outperforms Dogecoin, Shiba Inu To Become 3rd-Largest

BONK, a Solana-based meme coin, has continued to outperform the likes of Dogecoin and Shiba Inu over the last week. As the SOL price has rallied, so has its ecosystem coins continued to rise. This has led to a Solana-based meme coin becoming the third-largest meme coin in the space. BONK Meme Coin Beats Out PEPE For Third Place Despite BONK debuting on the meme coin scene months before PEPE, the latter had been able to quickly capture a larger market share and eventually became the third-largest in the space.…