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…
SOL
Solana (SOL) Whales Split Their Current Bag With Mpeppe (MPEPE)
Recently, a noteworthy trend has emerged: whales are diversifying their portfolios by allocating a portion of their assets into Mpeppe (MPEPE). This strategic move highlights the growing excitement around Mpeppe (MPEPE) and its potential to disrupt the crypto landscape. Here’s a deep dive into why Solana (SOL) whales are making this shift and what it means for the future of both cryptocurrencies. Solana (SOL) Whales: A Profile of Strategic Investors Who Are the Solana (SOL) Whales? Solana (SOL) whales are…
10 months ago
Solana Plummets 17% As SOL Hits $118: Is a Break Below Inevitable?
Solana (SOL) is currently experiencing a significant decline, dropping over 17% and reaching the critical $118 support level. This sharp downturn has put considerable pressure on this key level, raising concerns among traders and investors about the possibility of a further breakdown. The $118 level has historically been a stronghold for the cryptocurrency, but with the current bearish sentiment in the market, its ability to hold is still being determined. With the help of key technical indicators, this article will…
10 months ago
Cryptocurrency market ablaze – Altcoins $ETH, $SOL, and $WIF plummet
Amid rumours of war, the Japanese stock market collapsing, and a huge sell-off in risk assets, the cryptocurrency market is ablaze. $BTC is down 12%, and altcoins are absolutely tanking. How far down will altcoins go? Bitcoin is down at its last major support at $51,000. Should the king of the cryptocurrencies lose this support, then armageddon could ensue. If $BTC is suffering this kind of a reversal, it can only be imagined what can, and is, happening to the…
10 months ago
Solana (SOL) Poised For Major Upswing, Analyst Forecasts $328
Solana (SOL) refuses to be taken out of the picture as the crypto market takes a heavy beating. In fact, the altcoin has appeared on this analyst’s radar, and for good reasons. An optimistic analysis by trader WHALES_CRYPTOx brings Solana back in the spotlight. According to the trader’s observations, SOL is about to see a huge price increase, which has investors and experts talking. However, what does this signify for Solana’s future? Overcoming Obstacles The price movement of Solana in…
10 months ago
Crypto Price Analysis 8-5 BTC, ETH, SOL, XRP, TON, DOT, TIA, PEPE
Bitcoin (BTC) has lost over 13% in the past 24 hours and almost 25% over the past week as markets turned bearish following a global stock market crash that also casts a shadow on the crypto markets. BTC tumbled from above $60,000, losing key support levels, and is currently trading around the $52,700 mark. The weekend selloff accelerated late Sunday evening, sending BTC plunging to levels not seen since February. ETH also saw a drastic fall, sending its value plummeting…
10 months ago
Bitcoin Cash Up This Week Alongside SOL; Rollblock Outperforms Both As Revenue Share Model Continues Turning Heads
The post Bitcoin Cash Up This Week Alongside SOL; Rollblock Outperforms Both As Revenue Share Model Continues Turning Heads appeared first on Coinpedia Fintech News The market looks alarmingly red, but do not let those red candles fool you. It was a bumper week for the crypto markets, and the red indicators are just healthy profit-taking creating buy-low opportunities. Solana and Bitcoin Cash specifically had relatively bullish times, with the Bitcoin Cash price seeing a 50% increase in the last…
11 months ago
Solana Rebound: SOL To Hit $260 Despite Continuous Dip, Analyst Says
Solana (SOL) has been on a rollercoaster ride of late, with its its value seeing erratic shifts and even retreating in many instances. For Solana, the sharp swings in the market have presented a difficult picture; nevertheless, experts still have optimism. They see this as a passing phase even with the downward pressures. The altcoin’s technical developments point to an interesting future. At the time of writing, SOL was trading at $150, down 6.2% and 17.1% in the daily and…
11 months ago
Solana Price Crashes Below $160 Amid Revelations Of FTX’s Hidden SOL Stash
The Solana price has been rocked by the latest bombshell revelations surrounding the collapse of crypto exchange FTX. According to a whistleblower claiming inside knowledge of FTX’s operations, the now-bankrupt company is secretly holding a massive stash of Solana tokens – up to 8% of the entire SOL supply. Triggering Fears Of Massive Sell-Off By the numbers, if these allegations are true, this would equate to approximately 46.5 million SOL tokens worth about $7 billion at the current market price,…
11 months ago
Alert! Solana (SOL) breaches crucial level, Eyes on $125
The post Alert! Solana (SOL) breaches crucial level, Eyes on $125 appeared first on Coinpedia Fintech News Today, on August 3, 2024, Solana (SOL) the world’s fifth-biggest cryptocurrency experienced a significant price drop of over 8% in the last 24 hours. This decline has caused a major breakdown of the crucial support level of $157. Why Solana (SOL) is falling? With this breakdown, SOL turns bearish and now heading towards the $125 level. The potential reasons behind this price drop…
11 months ago