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The cryptocurrency market is gaining momentum, with many analysts predicting a strong February for altcoins. This potential surge could signal the beginning of the next phase of the broader crypto bull run. Historically, such periods of growth have often led to an “altcoin season,” where altcoins outperform Bitcoin in terms of gains. Institutional interest in digital assets continues to rise, further fueling market optimism. The approval of Bitcoin ETFs provided a significant boost, and anticipation surrounding Ethereum ETFs has added to the enthusiasm. These developments will likely attract more investors, increasing liquidity and increasing altcoin prices. With a potentially exciting month ahead, market participants are looking for the top cryptocurrencies to buy now .  Top Cryptocurrencies to Buy Now THORChain is exchanging hands at $1.32, experiencing a 12.90% rise over the past 24 hours. Meanwhile, Solaxy has successfully raised over $17 million during its presa...

Solaxy, a leading solution for mitigating Solana’s network congestion, has secured $14.6 million in funding, reflecting strong investor confidence. Recognized for its ability to optimize transaction flow, Solaxy is essential for ensuring seamless and cost-effective transactions, especially during periods of high network demand. The recent surge in cryptocurrency activity has highlighted the need for scalable solutions like Solaxy to preserve Solana’s renowned speed and efficiency. Solaxy’s $14.6 million raised signals the future of meme coins on Solana’s layer-2 Solaxy is quickly becoming one of the most talked-about meme coins on the Solana blockchain, known for its speed, scalability, and growing potential. As meme coins continue to gain popularity across various blockchains, Solana has emerged as a prime platform for launching these tokens, with Solaxy leading the charge. Having already raised $14.6 million, Solaxy’s growing appeal underscores its p...

The Solana price jumped more than 2% in the last 24 hours to trade at $187.48 as of 9:59 p.m. EST as investors slowly start to buy into the altcoin again. Despite the recent uptick, the SOL price is still down more than 6% on the 7-day time frame. Solana Price Forms A Negative Channel On The Daily Chart Daily chart for SOL/USD (Source: GeckoTerminal) A negative price channel has formed on the daily chart for the Solana price after the altcoin printed a series of lower lows and lower highs over the last couple of weeks. Should the crypto continue to trade within this negative range, it could soon test the immediate support level at $174.93. A break below this point might then lead to a plunge to as low as $158.13. This bearish thesis could be invalidated if the Solana price is able to break above the $194.41 resistance level, which is also confluent with the upper boundary of the bearish price channel. A daily candle close above this mark might then give SOL the room needed to k...

Hong Kong lawmaker Wu Jie has urged the government to consider adding Bitcoin to the city-state’s fiscal reserves. According to local reports, Wu highlighted Bitcoin’s potential as a strategic asset, pointing to its fixed supply and increasing acceptance in global finance. He argued that as significant economies begin to include Bitcoin in their reserves, its role as a hedge against inflation and a competitor to traditional assets like gold could grow. Bitcoin’s presence in mainstream financial systems has steadily expanded, with institutions and governments showing increased interest in its potential. Wu emphasized that this limited supply could make Bitcoin an appealing option for safeguarding wealth over time. This proposal also comes as interest in cryptocurrencies continues to rise, with many investors considering them as alternatives to traditional financial assets. As such, market participants are researching top cryptocurrencies to buy now. Top Cryptocurrenci...

The overall feeling in the market has been positive since the close of October. This month, Bitcoin (BTC) finally rose above its all-time high and surpassed the 100K mark, even though it eventually fell to $95K as of today. Meanwhile, many investors have already made plenty of gains from the November/December bull run. Determining the next cryptocurrency to explode might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially before the year runs out. The aim is to identify coins with some potential and help investors and traders make informed decisions about each token. Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of the presale token, Solaxy. This new meme coin offers a unique blend of these two dynamics by combining mem...

Before the year ends, crypto buyers and whales focus on the best meme coins that could multiply investments by up to 20x. The crypto market had an eventful week, with Bitcoin making headlines by hitting a new high of $108K before dropping below $100K. Meme coins also saw big moves, including major ones like Dogecoin and Pepe. Amid this volatility, meme coins have been surging. New tokens like Pudgy Penguins and Solana-based coins like Bonk have climbed the meme coin rankings with impressive gains. At the same time, meme coin ICOs such as Wall Street Pepe and Solaxy are gaining traction. Today presents a unique opportunity in the cryptocurrency market, as red days often allow investors to buy the dip and position themselves for massive potential gains. Below is a breakdown of five meme coins that could offer 10x to 20x returns before the end of the year. Wall Street Pepe (WEPE) Wall Street Pepe is gaining a lot of hype as one of the top meme coin presales of the year, growing by n...