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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Discover the Digital Asset That’s Set to Eclipse Ethereum’s Performance
The crypto market is experiencing a remarkable shift with one contender poised to surpass the strong performance of a leading blockchain platform. As the bull run of 2024 unfolds, investors are eagerly searching for the next big performer. This particular blockchain has caught the attention of the market for its impressive capabilities and potential to outshine its competitors. The anticipation is high as experts analyze its trajectory. Discover the insights on this rising star that could redefine investors' portfolios in…
1 year ago
$MEDA Presale Set to Skyrocket to Massive Gains While ENA and SOL Look Prepared for Price Uptrend
● Milei Moneda ($MEDA) rises swiftly with over 56 million tokens sold, offering deflationary design, meme culture, and 60% ROI potential. ● Ethena’s (ENA) TVL surges 30% to $2 billion, and its price jumps 130% post-launch. ● Solana (SOL) saw stellar Q1 growth, with a 319% DEX volume surge, a 40% price increase, a $86.4B market cap, and a 232% TVL rise. In recent weeks, the DeFi market has been abuzz with Milei Moneda ($MEDA) as it quickly gains…
1 year ago
Uniswap Hits Record $250B L2 Volume: Is UNI Token Set to Surge to $10?
Uniswap records a staggering $250 billion in transactions on Layer-2 platforms, signaling strong adoption and activity. Despite the high trading volume, UNI’s price remains relatively low, raising questions about future valuation. Decentralized Exchange Uniswap has reached a new milestone, achieving $250 billion in trading volume on its Layer-2 (L2) platforms such as Arbitrum, Polygon, Optimism, and Base. This milestone highlights the growing adoption and efficiency of L2 solutions, which are designed to handle high transaction volumes while reducing gas costs,…
1 year ago
Powered by The GOAT Foundation and Fantom Blockchain, Speedy Dog Is Set to Rule the Crypto Meme Space
The post Powered by The GOAT Foundation and Fantom Blockchain, Speedy Dog Is Set to Rule the Crypto Meme Space appeared first on Coinpedia Fintech News Since creating the first meme coin in 2013 as a ‘joke’ to drive up the hype around mainstream crypto assets like Bitcoin, meme coins have experienced massive growth in the crypto market. With a market capitalization of over $47 billion, these meme coins have become an enormous part of the crypto industry as the…
1 year ago
XRP Price Set For 3,000% Rally To $22, Analyst Predicts
Crypto analyst Crypto Egrag has provided an update on his recent analysis, where he predicted that XRP would experience a significant price decline. Having called that correctly, Egrag has now predicted what the next move will be for the crypto token. XRP Price Could Rise To As High As $22 Egrag mentioned in an X (formerly Twitter) post that XRP’s next move “could be between 1000% and 3000%.” He acknowledged that the current market conditions might make it hard for…
1 year ago
Bitcoin Analyst Set Sight On $79,591: Urges Traders To Be Patient
While Bitcoin prices hover around 15% below their all-time highs, with some skeptics predicting more losses, one analyst on X expects the coin to bounce strongly, even breaking above all-time highs. Taking to X, the trader argues that Bitcoin has yet to breach the Golden Ratio Multiplier’s Cycle Top, currently sitting at $79,591. Supposedly, the analyst continues, this target price increases the longer it remains unchallenged. Bitcoin Traders Need To Be Patient So far, BTC is trending lower and is technically within…
1 year ago
Best Crypto To Buy: This Crypto Gems Are Set for Exponential Surge in 2024, Beyond Bitcoin
The crypto market is showing excitement as KangaMoon (KANG) leads the charge in its ICO, amassing an impressive $4.7 million with sights set on surpassing $6 million by month-end. Having surged by 290% from $0.005 to $0.0196 during the ICO, the token has attracted enormous attention in the broader crypto market. Meanwhile, Mantle (MNT), Render (RNDR), VeChain (VET), and Optimism (OP) are other crypto gems in the spotlight for various reasons, including offering unique solutions to blockchain challenges. With the…
1 year ago
Shiba Inu (SHIB) Burn Rate Surges 18,000%: Price Set to Rise Amid Market Turmoil
Shiba Inu burn rate just skyrocketed by 18,000%. With over 658 million SHIB taken away from circulation, the price of the token has seen a visible uptick. Shiba Inu (SHIB) has emerged as a beacon of resilience in the meme coin ecosystem, with its burn rate skyrocketing by 18,000%. With this outstanding increase, SHIB appears to be defying the odds despite recent market volatility in the crypto ecosystem. SHIB’s Burn Rate Metrics According to data from Shibburn, the Shiba Inu…
1 year ago
Layer 2 Revolution: Thriving Crypto Projects Set to Dominate
Cryptocurrency enthusiasts are witnessing an exciting era as innovative Layer 2 solutions transform the experience of users and developers. These advanced networks, operating atop established blockchains, are enhancing speed, reducing costs, and offering fresh solutions to old challenges. They're gaining momentum, especially with the upsurge in activity due to the ongoing bull run. The following article explores the standout projects leading the charge in this transformative movement. BlastUP Presale: The 1st Launchpad in the Blast Ecosystem is Live! BlastUP is…
1 year ago