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
SOL Price Regains Strength, Can Solana Reclaim $150 and Continue Higher?
Solana started a fresh increase above the $142 resistance. SOL price is up nearly 8% and might continue to rise if it clears the $150 resistance. SOL price recovered higher and tested the $150 resistance against the US Dollar. The price is now trading above $1452 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $144 on the 4-hour chart of the SOL/USD pair (data source from Kraken).…
1 year ago
Solana Meme Coin Penguiana Raises 800 SOL In The First 7 Days Of Presale, Set To Release P2E Game Demo Next Month
Dubai, UAE, May 10th, 2024, Chainwire Penguiana, the latest penguin-themed Solana meme coin, has successfully raised over 800 SOL during the initial week of its presale. The Penguiana team views the growing interest in this new meme coin, spurred by this remarkable achievement, as a testament to its potential within the Solana ecosystem. What is Penguiana? Inspired by the communal and fun-loving nature of penguins, Penguiana is not just another meme coin. It is setting the stage to be a…
1 year ago
5 Best Crypto To Buy Now In 2024 To Maximize Profits – DLUME Takes The Lead With SGAZE, SOL, 5SCAPE, & Cardano
The post 5 Best Crypto To Buy Now In 2024 To Maximize Profits – DLUME Takes The Lead With SGAZE, SOL, 5SCAPE, & Cardano appeared first on Coinpedia Fintech News The crypto market has recently seen a steep upward rally, leaving many investors regretting the chance to buy a few of them. Backed with foolproof real-life applications and a wider scope of adoption, some of the best crypto to buy now is the talk of the town. Similar to Bitcoin,…
1 year ago
Is it Time to Buy Solana (SOL) Following the Recent Correction? This Trader Chips In
TL;DR Solana (SOL) has demonstrated strong recent performance, with analysts like CryptoJack predicting new peaks before the end of 2024. The growth of Solana has been accompanied by the success of various meme coins on its network, such as WIF, whose market cap briefly surged to nearly $5 billion. SOL Bulls Predict Fresh Peaks Despite being in the red today (May 8), Solana (SOL) has been among the best-performing cryptocurrencies lately, registering a 20% increase on a weekly scale. One…
1 year ago
World of Pepe Meme Project Raises 100 SOL In its first days
[PRESS RELEASE – London, United Kingdom, May 8th, 2024] The presale for World of Pepe ($WOP), a new frog-themed meme coin on the Solana blockchain, is now underway. World of Pepe is following the fundraising method first used by Book Of Meme founders and later by projects like $SLERF. Over 100 SOL has been raised in the initial days of the presale, with over 18 days remaining. This significant early interest underscores the effectiveness of World of Pepe’s unique presale…
1 year ago
Solana Struggles Despite Clearing Congestion! Will SOL Price Reclaim $200 In May?
The post Solana Struggles Despite Clearing Congestion! Will SOL Price Reclaim $200 In May? appeared first on Coinpedia Fintech News The cryptocurrency industry continues to trade under a strong bearish influence as top crypto tokens struggle to hold their respective values above the important support levels, indicating uncertainty in the future price action of these altcoins. On the other hand, despite adding 21.68% within the past seven days, the Solana price has recorded a correction of 20.86% over the past…
1 year ago
DOGE, SOL, AVAX Keep Plummeting as BTC Slumps Toward $62K (Market Watch)
The positive price movements for bitcoin at the start of the business week were short-lived as the asset has lost over three grand since then and now struggles to remain above $62,000. The altcoins are in no better state, with DOGE, SOL, and AVAX dropping by 5% or more in the past 24 hours. BTC Drops Toward $62K Bitcoin had a highly negative start to May that culminated last Wednesday with a price dump to a two-month low of $56,500.…
1 year ago
This Analyst Sees an ‘Extremely Wild’ Bull Run for Solana (SOL), Retik Finance (RETIK), and Shiba Inu (SHIB)
The post This Analyst Sees an ‘Extremely Wild’ Bull Run for Solana (SOL), Retik Finance (RETIK), and Shiba Inu (SHIB) appeared first on Coinpedia Fintech News Bull runs create a perfect opportunity for investors to make explosive investment gains. Hence, they always seek coins poised for a profitable bull run. A crypto analyst has researched and analyzed crypto coins’ potentials, leading him to point out three altcoins he believes are in position for a highly wild bull run in 2024.…
1 year ago
Slothana Investors Flock To Penguiana’s Presale As Nearly 500 SOL Is Raised In Just 36 Hours!
The post Slothana Investors Flock To Penguiana’s Presale As Nearly 500 SOL Is Raised In Just 36 Hours! appeared first on Coinpedia Fintech News In the ever-bustling Solana memecoin ecosystem, the Penguiana project has quickly become the newest standout, drawing significant attention and investment from memecoin degens. Notably, many investors from established Solana meme coins such as Slothana & Myro, in search of the next big opportunity, have started flocking to Penguiana’s ongoing presale, demonstrating the strong appeal of this…
1 year ago