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…
Rally
Dogecoin On Track To Rally 100% To $0.2; Crypto Analyst
Dogecoin has certainly dipped quite far from its highest point so far this year. While this sideways movement and a recent correction have lingered on for quite some time, the price action is a reflection of the wider crypto market movement. However, DOGE continues to attract bullish opinions among traders. Its popularity and status as the largest meme coin continue to generate optimistic sentiment within the trading community. Crypto analyst Astronomer believes DOGE is still prime for a strong bull…
10 months ago
FTM: Core Proposals Spark 16% Rally Ahead Of Sonic Mainnet Launch – Details
Fantom’s migration to Sonic is now underway, putting the platform under the spotlight which caused FTM, the native token of Fantom, to jump. According to CoinGecko, FTM gained more than 17% since last week, representing the hype their network migration caused within the community. The new Sonic Labs is poised to continue Fantom’s legacy as four core proposals are now underway for the eventual release of the Sonic mainnet. If passed, the proposals will provide users and developers with a…
10 months ago
$BNB, $TON, and $AVAX rally hard – can it continue?
Some of the altcoins have put on great gains since the fall-out over the yen carry trade. Binance Coin ($BNB), Toncoin ($TON) and Avalanche ($AVAX) are rallying hard. Will they continue to do so? All depends on Bitcoin There are certain altcoins that have rallied hard over these last several days, putting on gains into the double digits. Of course, a continuance of this surge will surely depend on Bitcoin, but should the king of the cryptocurrencies continue its own…
10 months ago
Analyst Says XRP Price Will Rally 10,400% To $60, Here’s When
A crypto analyst has shared an optimistic outlook for the XRP price, the native token of the XRP Ledger (XRPL), predicting a potential rally of up to 10,400% with a price target of $60. The analyst has also outlined when to expect this anticipated price increase. XRP Price Set To Hit $60 With Projected 10,400% Surge In an X (formerly Twitter) post on August 12, crypto analyst, Brett Hill expressed bullish optimism about XRP’s future price. The analyst suggests that…
10 months ago
Helium (HNT) Surges 48% — Here’s What’s Fueling The Rally
As the market action resumes, Helium keeps on surging to the top and draws the attention of investors. According to CoinGecko, the token is up more than 48% since last week. HNT becomes a prime target for both investors and traders looking for an income-making asset in the long run. Helium Mobile has been in the spotlight as it showed its reliability and strength, coming face to face with major telecom providers in the US. Recently, it flexed its muscles…
10 months ago
Are Meme Coins Back? DOGE and SHIB Prep A Breakout Rally
The post Are Meme Coins Back? DOGE and SHIB Prep A Breakout Rally appeared first on Coinpedia Fintech News A week after the tumultuous price movement in Bitcoin and altcoins, hope for a bullish revival surfaces. With Bitcoin hanging near $59K, meme coins experience a shift in underlying sentiments as DOGE and SHIB prepare for a bull cycle. Will this upcycle lead to a 2x breakout run in August? Upcycle For a Breakout in DOGE Price Trading under the high…
10 months ago
Polkadot (DOT) Seen Reversing Losses With 116% Rally To $10 – Analyst
Polkadot token DOT has indeed been hot on the cryptocurrency market throughout the week, appreciating over 21%. Despite the gains bringing further enthusiasm among the investors, the token pressed on higher and continues to trade at $4.65 with a market capitalization of more than $6.6 billion. Now ranking 17th in the largest cryptocurrencies, investors and DOT aficionados cannot stop wondering if it can sustain its momentum. Something is literally now hyping in the air, particularly after the analysis of the…
10 months ago
Ethereum Teases Push To $3,000? TOP Altcoins for ETH Rally
The post Ethereum Teases Push To $3,000? TOP Altcoins for ETH Rally appeared first on Coinpedia Fintech News As Ethereum (ETH) edges closer to the $3,000 mark, its ripple effect is likely to boost coins within its ecosystem, including Shiba Inu (SHIB), Toncoin (TON), and Pepe (PEPE). As the pendulum swings in Ethereum (ETH)’s favour, the related projects are smartly positioned to reap the benefits – and possibly even outperform the cryptocurrency itself. Ethereum (ETH) is driving the charge, and…
10 months ago
New AI Predictions: Rival Memecoins Pepecoin and Mpeppe To Rally 240% in The Coming Months
Memecoins have carved out their niche with surprising resilience and growth potential. According to recent AI predictions, two rival memecoins, Pepecoin (PEPE) and Mpeppe (MPEPE), are poised for substantial gains in the coming months. Both of these digital assets are projected to rally by an impressive 240%, sparking excitement among investors and enthusiasts alike. Here’s why these memecoins are capturing attention and how they might shape the future of the crypto market. Pepecoin (PEPE) and Mpeppe (MPEPE): A New Era…
10 months ago