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Showing posts with the label surge

Coinbase’s BASE hits $2B TVL milestone; memes market surges – is time to Invest in FLOKI and $MEDA?

BASE surges due to increased demand. FLOKI experiences impressive growth and is poised for further gains in value. Milei Moneda ($MEDA) gains investor attention with unique features and growth. As Coinbase’s BASE achieves a remarkable $2 billion TVL milestone, the meme market experiences a surge in popularity, presenting exciting opportunities for investors. meme coins like FLOKI and Milei Moneda ($MEDA), with their distinctive branding and innovative approaches, have stood out as promising investments among a plethora of stock meme coins.  Let’s delve into the potential of these meme-inspired tokens and why some analysts believe they might be the best altcoins to buy right now. Coinbase’s BASE hits $2 billion TVL milestone  BASE, Coinbase ’s decentralized Layer-2 blockchain initiative aimed at reducing Ethereum transaction fees, is witnessing a surge in demand with increased network acti...

‘Remarkably precise’ indicator hints at huge SHIB surge

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Though investor optimism persists due to the approval of multiple spot Bitcoin (BTC) exchange-traded funds (BTC ETFs), the upcoming Bitcoin halving, and the expected approval of Ethereum (ETH) ETFs, 2024 has started off with a major downturn in the crypto market. Indeed, the red tide since January 1 has been almost universal and has swept most noteworthy cryptocurrencies, but in the crypto market, things tend to change fast. Nowhere is this more true than with the so-called meme coins – known to surge and fall hundreds and thousands of percent within hours and days. Shiba Inu (SHIB), which, together with the likes of Dogecoin (DOGE), Floki Inu (FLOKI), and Pepe (PEPE), is one of the most popular meme coins, might now be likely to see its contracts change course and surge – possibly all the way to $0.011. Technical indicator signals massive SHIB surge incoming A well-known technical indicator known as TD Sequential – a tool that seeks to detect trend fatigue and,...

Bitcoin resurgence spurs 3.8% rise in global crypto market cap

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Bitcoin has sparked a market -wide recovery campaign, leading to a 3.8% surge in the global crypto market cap and a spike in trade volume amid increased buying power. Remarkably, Bitcoin (BTC) recently came back against the bears to recover the losses of the last few days, resulting in a shift in market trends. The global crypto market cap is now back above the $1.4 trillion mark, up 4.44% over the past 24 hours to $1.43 trillion. Crypto market cap | Source: CoinMarketCap In addition, the market is witnessing a resurgence of traders, with global trade volume recently spiking 5.97% to $70.22 billion. BTC has surged 4.06%, while Ethereum (ETH) is up 2.61% within the last 24 hours. This pattern suggests increasing buying pressure. You might also like: Lookonchain reports whales are dominating the Ethereum market with big sales Santiment confirmed this trend in a recent disclosure, calling attention to a spike in activity for Tether (USDT), the dominant stablecoin in ...

Trust Wallet Token (TWT) price surges by 8% as social volume spikes

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Trust Wallet Token (TWT) has finally gained traction after 28 days of consecutive downward momentum. The hike comes with a massive surge in trading and social volume s. TWT is up 8.4% in the past 24 hours, making it the top gainer among the top 100 cryptocurrencies. The asset is trading at $0.815 with a $342 million market cap at the time of writing. TWT price, social volume and whale activity – Sept. 12 | Source: Santiment According to data provided by the market intelligence platform Santiment, Trust Wallet Token’s 24-hour trading volume skyrocketed by 460%, reaching $72.3 million. You might also like: Ethereum is the ‘least-loved digital asset’ this year, CoinShares report shows Moreover, Santiment data shows that TWT’s social volume rose 370% over the past day.  On the other hand, whale transactions consisting of at least $100,000 worth of TWT have plunged by 100% since Aug. 28. This indicates that small investors have triggered Trust Wallet Token’s recent up...