Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Cryptocurrencies5 Best Cryptocurrencies to Turn Your $600 Back into $60000 within a Short Period of Six Months
Investing in cryptocurrencies is risky business, however, in today’s dynamic crypto market, some will recommend finance projects such as Rexas Finance, Toncoin, Cardano, Solana, and even Dogecoin for the clear possibility of turning $600 to $60,000 within 6 months. Standing out from each of them is their unique advantage, whether it be advanced technology or extensive support from the community, these are among the assets bound to rise extremely fast. Rexas Finance (RXS) Rexas Finance (RXS) is one of the…
9 months ago
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ImmutableMpeppe’s New Mobile Game Gains Massive Support From Immutable (IMX) Whale Looking To Maximize Profits
As the excitement around crypto gaming intensifies, Mpeppe (MPEPE) has emerged as one of the most promising gambling cryptocurrencies, with its innovative mobile game attracting significant interest from investors. Among these investors are some of the biggest whales in Immutable (IMX), who are shifting their focus to Mpeppe in a bid to maximize their profits. This strategic move underscores the growing potential of Mpeppe’s mobile platform, which combines AI technology with gambling mechanics to deliver a revolutionary gaming experience. Mpeppe’s…
9 months ago
Bybit’s World Series of Trading 2024 Kicks Off: The Biggest Trading Competition in Crypto History Begins
Dubai, United Arab Emirates, October 1st, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to unveil the World Series of Trading (WSOT) 2024, the world’s longest-running crypto trading competition. This year, WSOT pushes boundaries, integrating centralized and decentralized trading, allowing participants to experience the trustless trading of the future. Game-Changing Features Traders Will Love Individual traders can battle in three arenas depending on their capital size: lightweight, middleweight, and heavyweight. With separate prize pools for…
9 months ago
Memecoin Price Predictions: How High Can Pepe (PEPE) and New AI Dating ICO GoodEgg (GEGG) Soar in 2024 and 2025
Memecoins are back in the spotlight as the cryptocurrency market rallies following recent global economic events. Among the most popular are Pepe (PEPE) and GoodEgg (GEGG), two tokens poised to experience significant growth in the coming years. As investors search for the next 100x opportunity, both PepeCoin (PEPE) and GEGG have caught the attention of traders and analysts alike. Pepe’s Surge: Is There More to Come? Pepe (PEPE), known for its frog-inspired meme, is currently on a tear, rising 17%…
9 months ago
POLKADOT Price Analysis 10-1: DOT Slumps To $4.50 After Bearish Weekend
Polkadot (DOT) saw a substantial drop on Monday as overall market sentiment and DOT’s recent bearish trajectory saw it begin the week with a decline of almost 7%. However, DOT has rebounded during the ongoing session, with buyers entering the market around the 50-day SMA. The altcoin has strong support at around $4.50, preventing further decline. Polkadot (DOT)’s Ascent To $5 Polkadot was extremely bullish last week and was generally positive since rebounding from a low of $3.98 on September…
9 months ago
Bitcoin Bull Market Not Over: CryptoQuant CEO Reveals Where We Are This Cycle
The Bitcoin mid-September rally has slowed down leading up to the end of the month. Although it ended September at a green monthly candle close, the cryptocurrency has fallen below the psychological $65,000 price mark again, with the fear and greed index returning from greed to neutral sentiment. This seems to have caused some second-guessing among Bitcoin investors. However, CryptoQuant CEO Ki Young Ju is not entertaining any such thought. According to Ki Young Ju, Bitcoin is still in the…
9 months ago
Eigenlayer (EIGEN) Starts Trading: Whales And Experts React – Is It A Buy?
The long-anticipated trading of Eigenlayer’s EIGEN token began today, following the lifting of transfer restrictions that had been in place since the token’s launch in May. Major cryptocurrency exchanges including Binance, Kraken, Coinbase, ByBit, and OKX have listed EIGEN, providing liquidity to holders of the token, many of whom received it through airdrops earlier this year. In a statement released through X, the Eigen Foundation highlighted the importance of this milestone: “We’re thrilled to announce the unlocking of the EIGEN…
9 months ago
WIF Bulls In Control As RSI Signals Strong Upside Potential
WIF is showing impressive strength as bullish momentum takes control, with the Relative Strength Index (RSI) pointing to even greater upside potential. The current RSI reading suggests that buying pressure remains strong, fueling optimism for continued gains. While bulls hold their ground, they are increasingly confident that WIF could be poised for a significant breakout toward the $2.8 mark. As market sentiment shifts favorably, this article aims to explore the bullish dominance in WIF, with a focus on how the…
9 months ago
Uptober Outlook: Why Bitcoin Could Reach $98,000 Following Bullish September
Bitcoin (BTC), the largest cryptocurrency by market capitalization, recently celebrated a remarkable September, achieving a two-month high of $66,560 last Friday. Although it fell short of its all-time peak of $73,700 in March, the strong performance in September has raised expectations for significant gains as the year draws close. Historical trends suggest that when Bitcoin ends September positively, the following three months often yield even larger returns. Best September Ever Could Lead To Major Year-End Rally Crypto expert Ali Martinez…
9 months ago