Tokens

In cryptocurrency trading, remarkable success stories often emerge, showcasing the potential for significant returns. One such story is that of an anonymous crypto trader who recently managed to turn a portfolio of $23 million into $65 million over the course of a year, according to insights from Lookonchain, a crypto analytics platform. This $42 million profit highlights the trader’s smart money move in the volatile crypto market. The trader leveraged strategic investments in tokens such as PEPE, ONDO, and BEAM…

On-chain data suggests that large investors have been showing interest in Shiba Inu recently as they have been moving a high number of SHIB transfers. Shiba Inu Large Transactions Have Been High In Number Recently As pointed out by an analyst in an X post using data from the market intelligence platform IntoTheBlock, the Shiba Inu whales have been on the move over the past month. The on-chain indicator of interest here is the “Number of Large Transactions,” which tracks…

With the Nvidia earnings report smashing expectations as per usual, it might have been expected that crypto AI tokens surge on the news. None of it. Despite some positive price action going into the news announcement, crypto AI tokens generally experienced a drop in price. Nvidia earnings surpass expectations Nvidia is the darling of US stocks. One of the ‘magnificent 7’, $NVDA has been responsible for around 11% of the entire S&P 500 performance over the past year. Its eagerly…

The post Top DePIN Tokens For 2X Returns This Bull Rally! appeared first on Coinpedia Fintech News With the growing anticipation of the approval of the spot ETH ETF by the Securities And Exchange Commission (SEC), the cryptocurrency market has experienced an increase in the demand for the DePIN tokens. This has resulted in these tokens gaining significant attention from the market and further experiencing a constant increase in price volatility in the crypto space. Dive in as, in this…

The post Coinbase Bullish on Ethereum? Here Are The Top ERC20 Tokens To Diversify With appeared first on Coinpedia Fintech News Coinbase’s latest research report has outlined key factors that could propel the Ethereum price higher in the future. ETH currently lacks supply-side overhangs, such as large token unlocks or heavy miner selling, which typically cap rallies. Moreover, the report highlights that staking and Layer-2 growth are reducing the liquid ETH supply.  Its dominant position in DeFi looks secure due…

Over 80% of tokens listed on Binance in the past six months have declined in value, raising questions about the influence of VCs and CEXs on token valuations. Exceptions exist, suggesting that tokens without major VC backing or linked to strong market trends like Solana may perform differently. Following a critical update from CNF on Binance’s BNB Beacon Chain usage, a disturbing pattern in token listings on the exchange has been highlighted. An analysis of the past six months shows…

The post K9 to Burn 410M KNINE Tokens in Tribute to Vitalik Buterin’s SHIB Burn appeared first on Coinpedia Fintech News In a recent X post, K9 disclosed plans to burn 410M KNINE tokens to honor Vitalik Buterin’s massive SHIB burn in 2021. An impressive 81.66% of the votes supported the proposal to burn 410M KNINE, while the remainder opposed the initiative. Notably, the K9 team will send 410M KNINE tokens to a dead blockchain wallet on May 31, permanently…

The recent revelation of a big Ethereum whale's $12,000,000 ETH investment and bullish stance on Retik Finance (RETIK) has captured the attention of the crypto community. With plans to accumulate RETIK tokens at the launch on May 21, this whale's move underscores the growing excitement surrounding Retik Finance and its potential as a promising investment opportunity. Let us delve into the details of the Ethereum whale's investment strategy, the reasons behind their bullish outlook on RETIK, and the implications for…

The post Crypto Highlights: Solana Surges 5%, Ethereum Eyes $5,000, and Furrever Token’s Astronomical ROI appeared first on Coinpedia Fintech News In a rapidly evolving digital asset landscape, Solana has demonstrated a remarkable surge of 5% within a single day, underscoring its appeal to those pursuing swift gains. Concurrently, Ethereum is on the brink of a significant milestone, with industry pundits anticipating a potential ascent to the $5,000 mark, solidifying its status as a cornerstone of the blockchain realm. Amidst…