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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2 Solana ICO Whales Are Back in Action After a SOL Selling Spree Last Week, Seen Buying Viral Token Below $0.09
After less than a week of successive sell-offs of SOL tokens, two prominent Solana (SOL) whales, who had previously bought SOL during Solana’s ICO, have returned. However, they are not just back for Solana tokens, nor are they back for new Solana tokens. Rexas Finance (RXS) is the hottest new Internet meme token that they are currently gravitating towards.The rise of Solana over the $200 mark in the subsequent few years turned out to be one of the best returns…
8 months ago
FOMO at ATH – Bitcoin Set to Hit $80k, New Cryptocurrency Buyers Join The Wave With New A.I Token GoodEgg and ETthereum
The cryptocurrency market is once again in the throes of excitement, with Bitcoin (BTC) inching closer to the much-anticipated $80,000 mark. As the Fear of Missing Out (FOMO) intensifies, new investors are flooding the market, eager to get in on the action before Bitcoin hits its all-time high (ATH). Alongside Bitcoin, two other assets are drawing significant attention—Ethereum (ETH) and the innovative AI-powered meme coin GoodEgg (GEGG). With bullish market conditions driving interest, these three cryptocurrencies are poised for massive…
8 months ago
Trader that Turned $800 into $3.5 Million Makes Massive Bet in this $0.03 Altcoin Token Presale Expecting 10,000x Gains
A trader who famously made a staggering $3.5 million through a viral crypto token has shifted focus to a new altcoin promising even higher gains. This time, the trader is betting big on a new Altcoin token presale, believing it has the potential to generate even higher returns. With a history of high-risk, high-reward strategies, this trader's latest move sparks interest across the cryptocurrency world. After Turning $800 into $3.5M With MOO DENG, Trader Now Bets on a new Altcoin…
8 months ago
XRP Open Interest Climbs To $1 Billion: What’s Driving Interest In The Token?
Ripple’s XRP token amassed close to $1 billion in open interest over the weekend, while its price hovers around $0.61 at press time, data from CoinGlass shows. What’s Different About XRP Price Action? While the top two cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), have been down 1.5% and 2.3% over the past week, XRP has been up 4.1% during the same period. Several factors could explain XRP’s counter-trend price action. For example, digital asset manager Grayscale Investments recently launched a…
8 months ago
Near Protocol (NEAR) Suffer As Web3 Community Back This New A.I Meme Utility Token Priced at $0.00021
The world of Web3 is witnessing a dramatic shift in focus as the Web3 community and crypto whales pivot from established projects like Near Protocol (NEAR) to newer, promising contenders such as GoodEgg (GEGG). Priced at just $0.00021 during its presale, GoodEgg is quickly gaining traction as a highly anticipated AI-powered meme utility token, causing ripples across the market and raising questions about Near Protocol's long-term position. Near Protocol (NEAR) Finds Itself in a Battle for Attention Near Protocol (NEAR),…
8 months ago
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TokenSkygate Token Launches Presale, Aims to Digitalize Global Aviation
Salzburg, Austria, October 1st, 2024, Chainwire The Skygate Token is positioned as a utility-focused cryptocurrency designed to offer real-world applications in the aviation sector, moving beyond the realm of speculative assets. With a structured financing model, clear development strategies, and practical use cases, Skygate Token aims to contribute to the digital transformation of aviation. Who is Behind the Skygate Token? The Skygate Token is issued by Skygate Network Holding GmbH, a company based in Salzburg, Austria. The company is led…
8 months ago
INX Digital Inc. Lists Aktionariat AG Tokenized Token Opening A New Pathway for Global Investors
INX Digital Company Inc. opens its doors to Aktionariat AG’s tokenized token, $DAKS aiming to bring the token to millions of investors worldwide. Swiss-based private equity tokenization company Aktionariat AG partners with INX Digital Company, Inc., a leading tokenized assets marketplace, to bring the former’s assets to its fast-growing marketplace. The move marks a step forward for both companies and investors globally, allowing them to invest in private (pre-IPO) companies in a simplified, regulated manner – improving the process of…
8 months ago
Crypto Whale Who Bought Ethereum at $10 and Sold at $4,800 Is Investing Heavily in This Token Below $0.08
Life-changing investments are often found in the most volatile of markets, which in this case is the cryptocurrency market. One of the well-known crypto whales purchased Ethereum at the ridiculous price of $10, only to sell it at a whopping $4800 later on. Many have been captivated by this whale, particularly his investment techniques and market grasp, as they now seek to focus on a new token ranger, Rexas Finance (RXS), that is presently trading at less than 0.08 dollars.…
8 months ago
SUI Sees 15% Weekly Surge Ahead Of Token Unlock, Can It Hit New ATH In October?
SUI has seen a 15% surge in the past week following its remarkable price action throughout Q3. The cryptocurrency’s performance continues to fuel investors’ sentiment, but some believe the upcoming unlock event could hinder its rally toward a new all-time high (ATH) next quarter. From ‘SUIptember’ To ‘Uptober’ In the past three months, SUI’s price surged 114%, moving from the $0.8 mark to the $1.75 price range. The cryptocurrency was among the best performers throughout Q3, registering green numbers while…
8 months ago