Posts

VeChain (VET) Predicted to Hit $0.9: Here's When

Image
VeChain (VET) is currently red across the board. The asset’s price has fallen 3.4% in the weekly charts, 17.1% in the 14-day charts, and 11.2% over the previous month. However, VET has maintained some gains in the yearly charts, rallying nearly 75% since April 2023. Source: CoinGecko Also Read: VeChain : VET Makes Major Announcement On New Product Launch VET’s latest dip could be due to larger market factors. Bitcoin (BTC) fell below $65,000 once again. Moreover, macroeconomic conditions and geopolitical tensions may have also played a hand. Inflation in the US remains above the Federal Reserve’s 2% target, fading traders’ expectations of an interest rate cut. Moreover, Iran’s attack on Israel has spooked market participants, expecting a market-wide correction. However, despite the recent correction, VeChain (VET) may witness a price surge soon. Analyst predicts VeChain (VET) to hit $0.09 Source – Facts.net According to crypto analyst EGRAG CRYPTO, VET could break
Post a Comment
Read more

Bitcoin Price Turns Red And At Risk of More Downsides Below $63K

Image
Bitcoin price failed to recover above the $65,500 resistance. BTC is again moving lower and there is a risk of more downsides below $63,000. Bitcoin started another decline after it failed to surpass the $65,500 resistance zone. The price is trading below $64,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $64,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate lower if there is a daily close below the $63,000 support zone. Bitcoin Price Faces Hurdles Bitcoin price started a recovery wave from the $62,750 support zone. BTC was able to climb above the $64,000 and $64,500 resistance levels. However, the price failed to clear the $65,500 resistance zone. A high was formed at $65,300 and the price started another decline. There was a move below the $64,500 level. The price tested the 50% Fib retracement level of the recovery wave from the $62,74
Post a Comment
Read more

Shiba Inu (SHIB) Predicted to Reclaim All-Time High: Here's When

Image
Shiba Inu (SHIB) is down by nearly 71% from its all-time high of $0.00008616, which it attained in October 2021. Moreover, the asset has faced a significant correction in the last 24 hours. Despite being up 14.3% in the weekly chart, SHIB’s price has fallen 7.6% in the daily chart, 9.3% in the 14-day chart, and 13.8% over the previous month. Source: CoinGecko However, despite the recent plummet, Shiba Inu (SHIB) may soon hit a new all-time high. According to CoinCodex, SHIB could surge to $0.00008813 on May 23, 2024. Reaching $0.00008813 from current levels would translate to a growth of about 251%. Source: CoinCodex Also Read: Shiba Inu Q2 2024 Outlook: Maximum Gains or Market Volatility? Changelly also paints a bullish picture for SHIB over the next few weeks. The platform anticipates SHIB to hit $0.00008739 on May 22, 2024. Can Shiba Inu (SHIB) delete a zero this cycle? Source: Twitter If SHIB can maintain its price at $0.00008, there is a possibility that the
Post a Comment
Read more

EOS Price Prediction: EOS Surges 8%, But Investors Flock To This World-First AR/VR Presale For 100X Potential

Image
The EOS price has soared 8% in the past 24 hours to trade for $0.8857 as of 02:08 a.m. EST. Trading volume has also exploded nearly 300% coming on the back of the EOS network’s new tokenomics. CEO @BigBeardSamurai proposed on X a new tokenomics model that burns 80% of the future total supply. – Burn 80% of future total supply 🔥 – Turn off inflation – Cap supply at 2.1B tokens – 4 year halving cycles – Mint ~950M $EOS – Staking rewards w/ lockups – $RAM market support I'll be meeting with the BPs this evening to propose the new tokenomic model for #EOS 🚀 View… pic.twitter.com/jcFntvwCBy — Yves La Rose (@BigBeardSamurai) April 24, 2024 The proposal is intended to solve key problems on the EOS network’s tokenomics. First, that a large number of inactive users’ EOS is dormant in centralized exchanges (CEX), while truly active users on the blockchain and new users have not received effective incentives. It also aims to solve the concern that there is no positive flywheel in t
Post a Comment
Read more

Radiant Capital’s Earnings Exploding, Time To Load The RDNT Bag?

Image
Radiant Capital, a lending and borrowing protocol for users to borrow various assets across multiple chains, is rapidly closing in on Aave, looking at earnings data over the past six months. Radiant Capital Earnings Rising: What’s The Trigger? According to Token Terminal statistics on November 8  shared  by one user on X, @Flowslikeosmo, Radiant Capital generated $5.8 million in revenue despite a relatively lower level of liquidity than Aave. @Flowslikeosmo, who claims to be a crypto researcher, said Radiant Capital’s earnings will likely explode in the upcoming sessions, especially once the 2.8 million ARB begins to be deployed. Radiant Capital earnings | Source: Token Terminal via @Flowslikeosmo on X Radiant Capital is a popular cross-chain decentralized money market through which users, regardless of their choice blockchain, can either lend their assets and earn passive income or borrow assets trustlessly. This way, the decentralized finance (DeFi) p
Post a Comment
Read more

Could WIF’s Surge Enable This New Dog-Themed Meme Coin to Reach Its Presale Hard Cap?

Image
dogwifhat currently reigns as the third most valuable meme coin, but its crown faced a recent challenge. Pepe coin briefly snatched the position, sparking a heated competition. However, dogwifhat’s robust market cap ultimately propelled it back to the coveted third place. The close market caps between these two rivals suggest an ongoing battle for meme coin supremacy. dogwifhat (WIF) price analysis dogwifhat (WIF) has been on an impressive streak lately, surging by nearly 34% over the past month. Over the past week alone, it experienced a substantial 36% increase, strongly indicating a bullish trend amidst the broader market’s struggles. The daily chart for dogwifhat (WIF) reveals a recent breakout from an ascending channel pattern, followed by a consolidation period forming a triangle. This triangle suggests a potential breakout to the upside, with targets of $3.90, $4.22, and even $4.63. However, a confirmed breakout strong enough to immediately surpass $3.30 remains to be seen
Post a Comment
Read more

Top 5 NFT Marketplaces On Solana This Week By Volume – Magic Eden Takes The Top Spot

Image
Non-fungible token marketplaces continue to fight for market dominance, despite the recent loss reporting due to the ongoing short slump in NFT volumes and activity across the board. NFT marketplaces are digital platforms for minting, buying, and selling non-fungible tokens. Below, we have listed five top NFT marketplaces competing for dominance in the Solana NFT ecosystem in the past seven days: Source: Tiexo.com, top five NFT marketplaces on Solana NFT ecosystem 1. Magic Eden NFT Marketplace Leads In Volume Magic Eden, one of the leading multi-chain NFT marketplaces that enable crypto users to create, buy, sell, and collect non-fungible tokens, is this week’s top-traded NFT marketplace on the Solana blockchain network. According to tiexo.com, an on-chain multi-chain NFT explorer, Magic Eden NFT marketplace has amassed a sales volume of more than 275,000 SOL in the past seven days, dominating 73% of total volume across the top five NFT market platforms. 2. Tensor NFT Market Platf
Post a Comment
Read more

Analyst Says XRP Price Will Reach $100, But This Needs To Happen First

Image
Crypto analyst JackTheRippler has raised the possibility of the XRP price rising to $100 soon enough. As part of his prediction, he mentioned what needs to happen for the crypto token to attain such ambitious heights.  How XRP Price Could Rise To $100 JackTheRippler suggested in an X(formerly Twitter) post that the XRP price hitting $100 was “inevitable” once the case between the Securities and Exchange Commission (SEC) and Ripple came to an end. Furthermore, he predicted that XRP could rise to as high as $10,000, claiming that the crypto token hitting five figures was achievable after the lawsuit . Related Reading: Brazil Wants BTC: 7,400 Bitcoin Futures Contracts Created On First Day Of Trading The analyst’s remarks again highlight the belief among members of the XRP community that the SEC’s lawsuit agains
Post a Comment
Read more

Solana Stoner Meme Coin Project Slothana Secures $15 million In ICO, Only Six Days Left To Buy

Solana’s sensational new 420-friendly meme coin project Slothana ($SLOTH) has raised an eye-popping $15 million dollars in a month-long presale.  The ICO is still ongoing, according to a timer on the website counting down to the end of the project’s ICO on April 29, giving Slothana fans just under six days left to join the presale.  At the beginning of last week, Slothana had raised over $10 million . By the beginning of this week, several million more was channeled into the project.  That’s because Bitcoin’s fourth quadrennial halving and international stoner day both happened to fall on Saturday, April 20.  When Slothana’s timer runs down next Monday, there will be an airdrop date announcement. However, the team is keeping details close to its chest to foment some potentially explosive buying activity in the coming weeks. Slothana’s $SLOTH airdrop and future listing comes at an opportune time. The broader crypto market is expecting a few
Post a Comment
Read more

Expert Forecasts 700% Growth For Dogecoin (DOGE) As It Sets Sights On $1 Target

Image
Dogecoin (DOGE), the popular meme-based cryptocurrency, has demonstrated its resilience in the market with a 2.5% price increase over the past 24 hours, reaching a trading price of $0.1607.  Analysts, including Altcoin Sherpa and Ali Martinez, have recently shared optimistic predictions for DOGE’s future, suggesting further gains and potential for outperformance compared to other tokens. A Strong Future For Dogecoin In 2024?  Over the past months, DOGE has closely followed Bitcoin’s price action, experiencing ups and downs in tandem with the market leader.  On March 28, DOGE reached its yearly high of $0.2292, solidifying its position as the 9th largest cryptocurrency with nearly 100% year-to-date growth . Despite the volatility, DOGE has demonstrated its ability to rebound and attract investor attention. Related
Post a Comment
Read more

Venezuela To Use Cryptocurrency For Oil Sales

Image
Venezuela is speeding up its implementation of cryptocurrency in crude and fuel exports, following the US reimposing Oil sanctions on the country. According to unnamed people familiar with the plan, Venezuela ’s state-run Oil company PDVSA is working on accelerating its plan to increase digital currency usage to work around these sanctions. JUST IN: Venezuela to use cryptocurrency for oil sales, Reuters reports. — Watcher.Guru (@WatcherGuru) April 22, 2024 Last week, the US Treasury gave PDVSA’s customers and providers until May 31 to limit transactions under a general license it did not renew due to a lack of electoral reforms. Companies will have to wait for individual U.S. authorizations to do oil business with Venezuela. PDVSA To Speed Up Plan For Digital Payments PDVSA has already started its plan to shift towards digital currency. In 2023, the company began slowly moving oil sales to USDT. Following these reignited sanctions though, the process will have to be
Post a Comment
Read more

Grand Base Now Hacked: DeFi’s $2M Wake-Up Call

Image
Yet another security breach has rattled the decentralised finance (DeFi) landscape. Grand Base , a prominent protocol, was the victim of a devastating hack that resulted in over $2 million in losses. This incident not only underscores the fragility of DeFi ecosystems but also highlights the urgent need for enhanced security measures within the industry. Uncovering the Breach: Insights into the Attack An important update: On April 15 at 03:01:27 AM +UTC, an exploit happened. For this specific reason, we urge all our community members to stay away from this contract as it is not safe anymore. As everyone saw, we have been exploited and the LP was drained. We are working… — Grand Base (@grandbase_fi) April 15, 2024 The breach, orchestrated through a compromised private key, sent shockwaves through the DeFi community, prompting widespread concern and scrutiny. Reports from blockchain security firm Certik shed light on the nature of the attack, revealing that a mali
Post a Comment
Read more