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Showing posts with the label altcoin

Is a Pepe Reversal Happening? Here’s Why MIND of Pepe Is the Best Crypto to Buy

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Chainlink (LINK) Down 6% in 2025? What's Going Wrong?

The Chainlink LINK cryptocurrency is down almost 6% in 2025 year-to-date, continuing a month-long struggle. The altcoin had a solid 2024 in terms of growth, however, has failed to continue that momentum into 2025. Fortunately, the asset hasn’t fallen dramatically, maintaining above the key resistance level despite the struggles. Still, what’s wrong with Chainlink in 2025, and will its time come to rebound? Over the week, the Chainlink (LINK) token has crashed 13%, reflecting the entire market’s struggle, where Bitcoin has dropped below $100k. Though this is happening under the impact of various macroeconomic events, the concern is more about its continuity. Multiple positive catalysts have come for the crypto market in 2025, including a pro-crypto US government judicial administration. The market has shown signs of potential but is still warming up. When Will the Chainlink (LINK) Rebound Begin? Come altcoin season this Spring though, tokens like LINK expect to finally get th...

Best Crypto to Buy Now December 6 – Hedera, Aptos, Internet Computer

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The cryptocurrency market continues to exhibit bullish momentum, largely driven by Bitcoin’s significant 32% rise over the past month, reaching a record high of $103,583. This rally has also spurred activity in the altcoin market, with several assets gaining traction. Internet Computer (ICP) has begun to stand out, gradually participating in the broader uptrend. In the last 24 hours, ICP has climbed over 2%, contributing to an impressive 23% gain over the past week. The token is now trading at $14, reflecting growing investor interest. As the altcoin market gains momentum, analysts are closely monitoring trends to determine the best crypto to buy now . Top Cryptocurrencies to Invest in Now Hedera’s token recently surpassed the $0.20 threshold, marking its first return to this level in two years. Similarly, Crypto All-Stars has attracted significant attention during its presale, successfully raising over $9 million. Meanwhile, the Artificial Superintelligence Alliance has...

Analyst Michaël van de Poppe Says One Top-50 Altcoin Primed To Rally 70%, Outlines Path Forward for Bitcoin

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A closely followed crypto analyst says that one top-50 altcoin by market cap is primed for an explosive breakout. Crypto trader Michaël van de Poppe tells his 745,200 followers on the social media platform X that the native token of the Bitcoin (BTC) layer-2 project Stacks (STX) could increase 70% from its current value as the coin challenges a key resistance level. “The Bitcoin ecosystem fires up. STX attacks the recent high, and is likely breaking through this resistance zone. Next stop? I think a new all-time high.” Source: Michaël van de Poppe/X STX is trading for $2.29 at time of writing, up nearly 20% in the last seven days. STX reached an all-time high of $3.86 in April. Next up, the analyst predicts that Bitcoin will hit six figures for the first time in its history if it can break through the $98,000 resistance level on the four-hour chart. “Bitcoin should break $98,000, and then we’ll see $100,000 with 100% certainty as it brea...

Thena Price Prediction: THE Skyrockets 327% On Binance Listing News As Experts Say Pepe Unchained Could Be Next

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The Thena price went ballistic with a 327% pump in the last 24 hours to trade at $0.9285 as of 7:17 a.m. EST as investors FOMO buy the altcoin. Introducing Thena $THE on #Binance HODLer Airdrops! Read more 👉 https://t.co/TG6Gox0rMf pic.twitter.com/ElKNNLCvmz — Binance (@binance) November 26, 2024 The surge in the THE price comes after leading crypto exchange Binance announced that it will welcome the token to its platform. Thena Price Breaks Through Multiple Technical Barriers Daily chart for THE/USD (Source: GeckoTerminal) The Thena price blasted through multiple resistance levels in the last 24 hours and soared to an intraday peak of $1.3280. Since reaching this high, THE has pulled back and is now attempting a challenge at the $0.9506 resistance level. Closing today’s daily candle above this barrier could give the crypto the necessary foundation to continue rising in the short term. However, closing today’s trading session below $0.9506 might t...

Ethereum Price Records Hike in Whales’ Transactions as this Secret Altcoin Hints at 23,102% Run

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The recent Ethereum price movements have sent ripples throughout the crypto sphere, and a surge in whale transactions has added to the excitement. Amidst this heightened activity, a lesser-known altcoin, RCO Finance (RCOF) , is emerging from the shadows with projections of a staggering 23,102% increase. This remarkable forecast has piqued the interest of investors seeking the next potential high-growth opportunity in the altcoin space. Whale Activity Signal Further Ethereum Price Surge Ethereum's price has recently surged to $3,200, garnering market interest and some concern as large transactions occur among the whales. Justin Sun's recent sale of 19,000 ETH, which is equal to roughly $60.83 million, has significantly triggered market sentiment on Ethereum's future.   Although Sun sold the altcoin for a profit, it is a small portion of his total Ethereum, indicating that his overall outlook is still bullish. Similarly, addresses on the Ethereum network have tra...

Trader Says ‘True Move’ Coming for One DeFi Altcoin, Turns Bullish on SUI and One AI-Focused Crypto Asset

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A closely followed crypto strategist believes that one decentralized finance (DeFi) altcoin is gearing up for “explosive” rallies. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers on the social media platform X that the native token for lending platform Aave (AAVE) could soon spark another leg up after trading in a range for weeks. “AAVE’s true move coming again soon. I caught it [on September 8th] but am out (just as a scalp). I think a more explosive move is going to come though…lots of compression. Of course, we need BTC to play nice first but eyes on AAVE.” Source: Altcoin Sherpa/X AAVE is trading for $137 at time of writing, up more than 11% in the last 24 hours. Next up, the analyst says he is turning bullish on Solana (SOL) competitor Sui (SUI). He says that SUI may dip to the Fibonacci retracement level at $0.87, presenting a good entry point for bulls. “$0.87 would be a good entry for SUI.”...

TON: Despite 21% Drop, Analysts Still Say the Coin is Undervalued

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The Open Network coin from Telegram (TON) is one of many altcoins on the crypto market that has seen a steep drop this past week. The asset is notably down 21% in the last seven days and hasn’t picked up much steam yet to rebound. Trading volume for the coin is also down, showing that buyers are hesitant to swoop up its current dip. Despite its current drop, some analysts suggest that the TON coin is undervalued, and investors should take advantage. According to on-chain data, readings from TON’s Market Value to Realised Value (MVRV) ratio show that the altcoin is currently undervalued. This flashes a signal to buy for investors, and whales are reportedly eyeing the token for massive purchases. Source: Bitcoinist On-Chain Data Suggests That TON is Undervalued In addition, data over the weekend revealed that TON’s MVRV ratios assessed over different moving averages are negative. Its MVRV ratios for the 30-day and 90-day moving averages were -6.39% and -6.87%, respectively on ...

Big Altcoin Returns a Thing of the Past? Analysts Weigh In

The crypto currency market, renowned for its volatility and high-stakes nature, has always held a particular fascination with altcoin s. These assets, emerging in the shadow of Bitcoin [BTC], have offered the allure of massive returns. Bitcoin, for instance, has seen a slight drop and was trading at $65,700. However, recent market trends indicate that the era of extraordinary altcoin gains might be drawing to a close. Waning Altcoin Prospects Altcoins are increasingly perceived as high-risk investments with declining chances for significant returns. Markus Thielen, head of research at 10xResearch, captures a widespread view among crypto analysts. He said, “While tactical opportunities exist, the era of 100x returns may well be behind us.” This skepticism about the current dynamics of the altcoin market is widely shared within the community. Thielen points out that the expected altcoin bull market has not significantly materialized. The lack of substantial reta...

Why is Stellar (XLM) price up this week?

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Stellar’s pre-announcements may have caused traders to create multiple scenarios for potential XLM developments, but their impact on the XLM price could be short-lived. The Stellar token experienced a notable 11.5% increase in value between Sept. 2 and Sept. 8, a novelty given that Bitcoin and most altcoins are down for the week. The surge came after Stellar (XLM) tested the $0.113 support level, which marked its lowest point in the past eight weeks. The price upswing followed a preliminary announcement made by the Stellar organization on social media.  While the announcement was somewhat cryptic, it hinted at something significant occurring on Sept. 12, with phrases like “something cool is dropping” and "change” on the horizon. XLM price in USD at Bitfinex, 12-hour time frame. Source: TradingView More recently, on Sept. 7, Stellar further heightened expectations by teasing a potential partnership. However, similar to the earlier announcement, no specific details were provided,...

Base project RocketSwap shares emergency plan following $865K exploit

RocketSwap Labs plans on reaching out to the exploiter on-chain, who stole an estimated $865,000 from the protocol on Aug. 14. Base project RocketSwap Labs has outlined its emergency programme to bounce back from a brute force hack which swiped $865,000 or 471 Ether (ETH) from the protocol on Aug. 14. The team explained on Aug. 15 that they plan on redeploying a new farm contract and open-source it on-chain, relinquish minting rights — presumably of RCKT — and will soon call on the hackers to return the assets, among other things: The emergency programme agreed upon by the team is as follows. 1. We plan to redeploy a new farm contract by dropping the proxy contract and open sourcing it on-chain. 2. The new farm will advance the production reduction plan by 0.075 per block. 3. The team relinquishes… — RocketSwap (@RocketSwap_Labs) August 15, 2023 On Aug. 14, a hacker stole approximately 471 ETH and bridged it from Base to Ethereum, according to blockchain security firm PeckShi...

PayPal stablecoin launch sparks wave of fake PYUSD tokens

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Nearly 30 fake PYUSD tokens cropped up in the wake of PayPal’s most recent announcement. Less than 16 hours have passed since the launch of PayPal’s new stablecoin (PYUSD), and opportunists, degens and potential scammers are already attempting to cash in on the hype with their own copycat tokens. According to data from decentralized exchange scanner DexScreener, nearly 30 new token pairs sporting the ticker “PYUSD” have cropped up in the 16 hours since the announcement. Today, we’re unveiling a new stablecoin , PayPal USD (PYUSD). It’s designed for payments and is backed by highly liquid and secure assets. Starting today and rolling out in the next few weeks, you’ll be able to buy, sell, hold and transfer PYUSD. Learn more https://t.co/53RRBhmNHx pic.twitter.com/53ur2KmjU7 — PayPal (@PayPal) August 7, 2023 The look-alike tokens have been minted on a variety of different chains including Binance Smart Chain, Ethereum and Coinbases’ newest layer 2 Base. It’s important to note th...

Was Sam Bankman-Fried behind a scam project?

This week’s episode of The Market Report explores allegations that SBF was behind the recent BALD token rug pull and dissects why Bitcoin is falling below $29,000. In the latest episode of “The Market Report,” analyst and writer Marcel Pechman discusses the BALD token rug pull and the allegations pointing toward FTX founder Sam “SBF’ Bankman-Fried as the culprit. The token launched on Coinbase’s Base network, which is currently under development, and witnessed incredible gains between July 30 and 31. Pechman notes that it is impossible to know how much fake volume and how many trades involving the same entity or small groups were used to prop up BALD’s price on decentralized exchanges (DEXs). Further evidence for this hypothesis is the 85% price plunge shortly after BALD’s developer removed the liquidity deposited in DEX pools. According to internet sleuths, the evidence pointing to SBF being the mastermind of the rug pull includes funding from wallets associated with FTX and Alameda ...

Price analysis 7/29: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT

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Bitcoin’s price action remains lackluster, but select altcoins are showing signs of breaking out of their respective resistance levels. The 25 basis point rate hike by the Federal Reserve on July 26 and the subsequent commentary by Fed Chair Jerome Powell failed to catapult Bitcoin (BTC) out of its range. This suggests that the event did not have any surprises and the outcome was already priced in by the markets. The crypto markets continued their lackluster performance on July 28 after the United States Personal Consumption Expenditures (PCE) Index print came in lower than analysts’ expectations. The PCE is the Fed’s preferred inflation metric hence it is watched closely by market observers. Daily cryptocurrency market performance. Source: Coin360 Although the near-term price action has kept the traders guessing, it is important to keep an eye on the long-term crypto story. Standard Chartered head of crypto research Geoff Kendrick said while speaking with CNBC that he expects Bitcoi...