SOL

A notable trend is taking place in the crypto market as large investors, or "crypto whales," start to exit major cryptocurrencies like Solana (SOL) and Ethereum (ETH). This exodus comes at a time when Solana and Ethereum are both facing bearish outlooks, with analysts predicting significant price declines. The move by these whales is not a reaction to market volatility alone but a pivot towards a smaller, undervalued token, MoonTaurus (MNTR), which is currently priced at just $0.01. The Decline…

Bitcoin (BTC) briefly reclaimed the $60,000 price level over the weekend but quickly dropped below $59,000. The cryptocurrency is currently trading around the $58,500 price level, having fallen almost 1.50% over the past 24 hours.  BTC has remained relatively steady as it prepares to enter a crucial week after a series of key data releases. July’s Consumer Price Index (CPI) numbers for the US and UK were released last week, followed by earnings reports from retail giants Walmart and Alibaba.…

The post New Crypto Doubles in July, Could Achieve 800% Growth This Year; Is It A Better Bet Than SOL and FTM? appeared first on Coinpedia Fintech News The overall crypto market is at another standstill as Bitcoin struggles to find its footing. But even as the altcoin market wobbles, there are plenty of new crypto investment opportunities ripe for the taking. For instance, analysts are pointing towards the newly launched GambleFi protocol Rollblock as the best crypto to buy…

The post Solana Price Manifesting a Diverse Trend—Is SOL Price Preparing for a 35% Rise This Month? appeared first on Coinpedia Fintech News Solana is among the tokens that have held the trend in the long term which has kept the bullish possibility alive. The price, which faced the wrath of the FTX fiasco, has recovered and surged very close to its ATH. Regardless of the bearish actions, the SOL price held a strong ascending trend and as a result,…

The post Join The Biggest Presale Showdown With AI-Powered DTX Exchange (DTX) as SOL and PEPE Whales Accumulate    appeared first on Coinpedia Fintech News DTX is set to lead the market with its innovative technology and trader-benefiting business model. In this guide, we will discuss recent developments in the crypto market and some interesting topics related to emerging coins. Breakdown Of Bearish Pattern, New Lows Coming In PEPE? The breakdown has come to weakness in sellers, which has also…

Bitcoin (BTC) briefly fell below $58,000 once again as the crypto markets shed almost $80 billion, with major altcoins also seeing red. BTC’s drop took the asset’s price to its weakest level since the market panic witnessed in the first week of August, with ETH also dropping 4.5%. BTC fell to an intra-day low of $56,165 on Thursday.  However, this time, traditional stocks are in the green, with Nasdaq and S&P 500 erasing their early August losses.  A New Downturn?…

Despite a strong start to the year, Solana’s fortunes are waning, with its value continuing to slide. Recently, SOL’s price dipped nearly 4%, settling at $145, which eroded almost all the gains it accumulated in July when it reached a peak of $193. This drop has led to growing concerns that SOL could plunge even further, hitting the $120 mark. The downturn for Solana began as the summer transitioned into August, following a period of high expectations driven by the…

Bitcoin (BTC) fell below the $60,000 price level once again as bearish pressure pushed the price below $59,000. This indicates that bears are very active at higher levels, leading to buyers losing momentum.  BTC retreated after the Consumer Price Data was published. According to statistics from the US Bureau of Labor, the CPI Index rose by 0.2% in July, up from a decline of 0.1% in June. Another factor contributing to BTC’s price drop was the withdrawal of $1 billion…

Solana remains one of the top-performing crypto assets over the past year. Even though there is a retracement from the 2024 highs, the coin is still multiples higher than the 2022 lows. Traders are upbeat about what lies ahead, with some convinced the coin will easily break $260 and register all-time highs in the coming months. Like Bitcoin, Ethereum, and other top altcoins like Cardano, SOL faces determined sellers. From the daily chart, SOL is moving sideways in a possible…