Important Ripple v SEC Lawsuit Updates, Bitcoin (BTC) Price Volatility, Solana Price Predictions: Bits Recap May 9

TL;DR BTC has been hovering between $59,000 and $65,000 in the past several days, settling around $61,700. Optimistic forecasts suggest a potential rise to $74,000 due to technical patterns and recent halving effects. The legal conflict between Ripple and the SEC continues, focusing on whether XRP is an unregistered security. Solana’s SOL has climbed by 12% over the past week. Analysts are bullish, foreseeing new highs in 2024 and highlighting the asset’s strong market performance. BTC’s Price Swings The primary…

Analyst Predicts Solana Rally, Anticipates Surge in Memecoins FLOKI, DOGE, and PEPE

A popular crypto analyst has made a bold prediction about Solana (SOL) and backed three memecoins to continue surging. The analyst has defined the ongoing SOL phase as the “last dip ever” while predicting a fresh all-time high of $320. A popular crypto analyst going by the name Inmortal on the X platform has shared a bold prediction about Solana (SOL). The analyst who has a following of about 213,300 followers has backed SOL to reach a new all-time high…

Solana surges, Shiba Inu dips, and Furrever Token Hits $1 Million milestone: Last 24 hours to Join $10,000 Giveaway Competition

The post Solana surges, Shiba Inu dips, and Furrever Token Hits $1 Million milestone: Last 24 hours to Join $10,000 Giveaway Competition appeared first on Coinpedia Fintech News In a dynamic crypto market, trends shift rapidly. You can see that clearly as Solana shines bright with its upward trajectory, while Shiba Inu experiences a slight dip. Two days ago, both coins were surging like crazy. Meanwhile, Furrever Token (FURR) reaches a significant milestone, surpassing $1 million in its presale journey…

SolanaVM is Bringing 68 Billion Value EVM dApps to Solana, With Their EVM Compatible L2 Chain

London, UK, May 8th, 2024, Chainwire In a world where decentralized finance (DeFi) operates with unprecedented speed, transactions are completed in nearly real-time, and transaction fees are significantly reduced from current rates. This vision is not merely aspirational; it is the future being constructed by SolanaVM. SolanaVM focuses specifically on bridging the gap between Ethereum, the current leader in DeFi, and Solana, a high-speed blockchain network. The total Value Locked on EVM is currently over 68,000,000,000, now imagine them being…

Japanese Yen Falls to New Low Compared to the US Dollar. What Effect Will This Have on Cryptos Raboo, Solana, and Avalanche?

As the Japanese yen hits a new low against the US dollar, the crypto market braces for impact. This could influence the prices of Solana and Avalanche. Meanwhile, the emerging Raboo, now in its third presale stage, has already gathered significant momentum. With over $1.2 million raised, 5,200 members joined, and 1,800 token holders, Raboo's RABT token—priced at just $0.0042—promises explosive growth, with analysts predicting a 100x increase on launch day and a 233% rise during the presale. Yen weakens:…

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…

Solana DEX Jupiter Reveal Key Developments; Price Recovery Ahead?

The post Solana DEX Jupiter Reveal Key Developments; Price Recovery Ahead? appeared first on Coinpedia Fintech News Solana DEX Jupiter’s community is set for key developments as it is working on numerous fundamental backend revamps to enhance user engagement on the platform. The upgrade includes lowering latency and enhancing robust perpetual contracts while strengthening the platform’s resilience. Refined token search function to aid the users in quickly finding their interested tokens and rapid integration of tokens and markets into DEX’s…

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…

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.…

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