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Showing posts from June, 2024

2 cryptocurrencies to reach $1 billion market cap in July

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The crypto currency market has been notably volatile in the past week, exhibiting both sharp declines and brief recoveries.  Despite these fluctuations, certain cryptocurrencies continue to demonstrate robust growth potential. In this context, Finbold has identified two cryptocurrencies that could surpass the $1 billion market cap threshold in July.  Supported by underlying fundamentals, rising community interest, and other favorable factors, these select crypto currencies may benefit significantly if the market regains its bullish momentum. Picks for you Brace for volatility as $500 million moves in Bitcoin trading 1 hour ago Dogecoin flashes buy signal; Can DOGE claim $0.15? 2 hours ago

Decentralized Oracle Network Chainlink Leads ERC-20 Projects in Terms of Recent Development Activity: Santiment

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The decentralized oracle network Chainlink (LINK) leads all ERC-20 projects in terms of recent development activity, according to new data published by the crypto analytics platform Santiment. Santiment notes that Chainlink registered 560.6 notable GitHub events in the past 30 days. Status (SNT) was second, clocking 385.97 events. Status aims to offer users a secure messaging app, crypto wallet and web3 browser via an open-source, peer-to-peer protocol and end-to-end encryption. Ethereum (ETH) itself was third on Santiment’s list, registering 314 notable events. Source: Santiment/X The analytics firm notes that it doesn’t count routine updates and utilizes a “better methodology” to collect data for GitHub events based on a “backtested process.” Santiment has previously said that heavy development activity centered around a crypto project indicates developers believe in the protocol. Development activity also suggests that the project is less likely to be an e

Crypto Analyst Says Ethereum Competitor Fantom (FTM) Could Jump To $1.2

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Crypto analyst Altcoin Sherpa has provided a bullish narrative for Fantom (FTM) , suggesting that the crypto token could soon make a significant rally to the upside. The analyst also hinted at how Fantom could rise when this happens.   Fantom Could Rise To As High As $1.2 Based on the chart Altcoin Sherpa shared, Fantom could rise to as high as $1.2 on its next leg up. In the meantime, the analyst noted that the crypto token is consolidating at a key level. He added that he expects Fantom to form a chop range between $0.50 and $0.70 for a bit, so that range could serve as support as it moves to the upside.   Related Reading Analyst Warns Of Bitcoin Breakdown Below Key Psychological Level, Says $40,000 Is Possible 21 hours ago Source: X Altcoin Sherpa sounded optimistic about Fantom’s trajectory, stating that he believes FTM will stil

Is It Too Late To Buy AMC? AMC Price Soars 96% In A Week And This Might Be The Next Crypto To Explode

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The AMC price surged 96% in the past week and 6% in the last 24 hours to trade at $0.000000151 as of 10 a.m. EST on trading volume that dropped 7% to $1.6 million. The surge took the token to an all-time high, driven it seems by the presidential debate between Donald Trump and President Joe Biden. While the debate was a major event for the American political scene, it also had consequences outside of politics, such as in the world of digital finance. Market Analysis : $Trump $MAGA $AMC (All in #PolitiFi memecoins / $Eth) Fact: America's Meme Coin trending high while Trump and MAGA dumped after the presidential debate Reason: AMC represents the USA 🇺🇸- it will exist beyond elections & its bipartisan @eth_amc / on dextools &… pic.twitter.com/zjuEMOWL9o — Shiba Capital (@ShibaCapital) June 28, 2024 AMC stands for America’s Meme Coin and its official website says the nation has been ”rugged by our delegates for too long,” and that it’s ”time we make the USA Great aga

Brett Price Prediction: BRETT Pumps 8% In A Week As This Base Meme Coin Challenger Rockets Past $2 Million

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The Brett price pumped over 8% in the last week following a 4% pump in the past 24 hours to trade at $0.1589 as of 12:00 a.m. EST.  With this latest price increase, the BRETT price is up more than 105% on the monthly timeframe. The Brett Price Keeps A Crucial Support 4-hour chart for BRETT/USD (Source: GeckoTerminal ) The Brett price rebounded off of the $0.1518 support over the past 24 hours. It has since entered into a consolidation period between this key support level and the major resistance at $0.1680. This period of sideways trading suggests BRETT could go either way in the next 24 hours. Should bulls identify the Brett price’s current level as a buy opportunity, the altcoin might attempt to challenge the $0.1680 resistance. Overcoming this market could then give it the technical foundation needed to keep climbing, and potentially soar to as high as $0.1823 as a result. On the other hand, a bearish scenario might lead to the Brett price losing the $0.1518 support. BRET

Andromeda integrates with Injective to drive DeFi adoption

Andromeda, a platform offering a variety of on-chain and multi-chain products, has announced an integration with the finance blockchain Injective, as per the latest updates shared with Finbold on June 27. The integration is set to accelerate the adoption of decentralized finance (DeFi) and will merge each of the partners’ respective technologies to unlock new economic opportunities. The Andromeda-Injective partnership Together, the two partners will work on enhancing the capabilities of both Andromeda, recognized as the first Web3 Operating System, and Injective, the fastest blockchain developed for financial applications.  Picks for you ‘Hawk Tuah’ crypto token soars 1,300% in a week 1 hour ago US economist warns of financial apocaly

Bitcoin Crash Not Done: CoinShares Analyst Predicts ‘True Correction’ Amid Outflows

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Bitcoin-based crypto investments have witnessed another week of outflow in what was an unpleasant week for Bitcoin and other cryptocurrencies. Bitcoin investors, in particular, were disappointed as they watched the price of the world’s biggest asset decline during the week, temporarily falling below $60,000 . According to recent inflow data from CoinShares, this correction also flowed into crypto investment products. Notably, crypto investment products registered $584 million outflows last week to extend outflows to $1.2 billion in two weeks. True Correction Is Underway For Bitcoin According to the CoinShares report , most of the outflows were concentrated toward Bitcoin, with the crypto’s investment products registering $630 million last week. As the report noted, this outflow sentiment can be largely attributed to a growing pessimism amongst crypto investors for interest rate cuts by the FED this year. Furthermore, the continued outflow suggests that a true corr

Meme Coins Outperform Other Cryptos With 1,834% Return In First Half, Outpacing RWA, AI And DePIN Sectors

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Meme coins have emerged as the most profitable sector in the crypto space in the first half of this year, posting gains of 1,834%. That’s according to data from CoinGecko, Wu Blockchain and BitEye, which showed meme coins outperforming real-world asset tokenization (RWA), AI and decentralized physical infrastructure network (DePIN) sectors during the first half of this year.  Meme Coins Leave Other Cryptos Languishing The meme coin space outperformed the next best-performing category of cryptos, RWA, by a  wide margin, with RWA-oriented cryptos printing gains of 214%.  AI cryptos took third place, with their first-quarter returns standing at a healthy 72%. Meanwhile, DePIN projects were able to post 59% gains for investors. Meme Coins are the most profitable sector of the crypto industry for the first half of 2024 ⚡ For the first half of 2024, meme coins gave 1834% returns, while: #RWA – 213% #AI – 71.5% #DePIN – 58.7%#Biteye #Analytics #Memecoins #Cryptocurrencies https://t.

Copa América Favorite Argentina Teams Up With CoinPoker, Crypto’s Leading Poker Room

GOAT has recognized GOAT as Web3’s largest poker room, CoinPoker, becomes regional sponsor of the Argentina National Football Team. CoinPoker and Argentina – winner of the 2022 FIFA World Cup – have become official partners in a new two-year deal. The collaboration will see CoinPoker players targeted with Argentine Football Association (AFA) promotions, such as tickets to Argentina home games, signed merchandise, and exclusive tournaments. Still number one in the FIFA World Rankings, Lionel Scaloni’s side has lost just one of its last 21 games and also won the 2021 Copa América, beating Brazil in the final at the Maracanã. Now, as Lionel Messi and company take on the best LATAM nations again at the 2024 edition of the regional championship – currently taking place across the United States – they are boosted by an exciting off-field partnership with an equally competitive and growing iGaming brand. There are also hints that loyal CoinPoker players

The AMC Price Plunged 19% As Investors Flock To Pepe Unchained And Its 3,700% APY

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The AMC price has dipped by 19% in the past 24 hours to trade for $0.00000007277 as of 01:55 a.m. EST. Historically, market watchers have often associated the AMC price with the Gamestop price. $AMC 🍿 $GME 🎮As I continue to monitor the price movement today as expecting gap up or upside movement like May 24 or 30, it didn't happen today although today was 1st day of Swap Report Requirement (6/24 – 9/30) I don't know why but it does seem to delay to tomorrow. Also I am… https://t.co/Z6OKv6zXz0 pic.twitter.com/VzD7ndIOQP — U-COPY (@UCopy417) June 25, 2024 Darren, an options and equities trader, observes that the AMC price has displayed a giant Descending Broadening Wedge on the macro timeframe. $AMC macro is just a giant Descending Broadening Wedge. The Levee has been set. When it breaks, we go to Valhalla. No sooner, no later. Weekly Squeeze is still building (longest build-up in the stocks history). Expect more volatility, more crunching. pic.twitter.com/SP6dYcH6Ld

MoonBag Coin, The Next Crypto Millionaire Maker, Raises $2.8 Million, Leaving Notcoin & BitBot in the Dust

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What if you can get your hands early on a meme coin that offers better returns and a broader appeal than the dominant meme coins in the market? With the crypto market experiencing unprecedented volatility and the fate of hyped meme coins like Notcoin and BitBot uncertain, there's an undeniable demand for a fresh and promising newcomer. The best option you can find in the market is MoonBag Presale, which is the hottest ticket in the crypto space right now. MoonBag coin , the shining star of the cryptocurrency world, is currently in the midst of its sixth presale stage. This promising meme coin hasn't fully entered the trading scene yet, but it has already made waves by raising a staggering $2.8 million. The coin is still set at a very reasonable price of $0.0003 per coin. Following the presale, early investors can expect an ROI of 9900%, and after the coin is listed, an estimated 15000%. While some may categorize MoonBag as a meme coin known for its light-hearted branding an