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…
Traders
Could This New Meme Coin Be the Next Dogecoin? Traders Back WienerAI to 100X
The crypto market is on a dip, and this could be the perfect time for revolutionary presale WienerAI to thrive. Having raised over $700K so far, traders are certainly interested in this part AI, part sausage dog crossbreed. Alongside its total raise, pundits are hailing the new presale, speculating big gains are at play for relentless degens that buy on the market downturn. Leading analysts say WienerAI will 100X, and juggernaut media outlets are interested Unsurprisingly, a cryptocurrency blending the…
1 year ago
DOT Price (Polkadot) Approaches Key Level: Should Traders Brace for Sharp Drop?
Polkadot (DOT) is showing bearish signs below the $8 resistance against the US Dollar. The price could extend its decline if it fails to stay above $6.00. DOT is gaining pace below the $8.80 and $8.00 levels against the US Dollar. The price is trading below the $7.20 zone and the 100 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $6.50 on the 4-hour chart of the DOT/USD pair (data source from…
1 year ago
Traders Watch XRP And Bitcoin Closely For Sudden Price Movements; Is $RECQ A Great Option Against Market Volatility
The post Traders Watch XRP And Bitcoin Closely For Sudden Price Movements; Is $RECQ A Great Option Against Market Volatility appeared first on Coinpedia Fintech News TLDR XRP (XRP) has seen increased investor interest despite recent market volatility. Whales are buying the dip ahead of an SEC filing deadline on April 29, with one whale purchasing 24.05 million XRP worth around $12.39 million. Bitcoin (BTC) hit a daily transaction peak of 927,000 on April 23, exceeding the previous record. Runes,…
1 year ago
Dogecoin Growth Stalls as Traders Switch Attention to New Dogeverse Meme Coin ICO
The meme coin market’s “top dog,” Dogecoin, has tripped today as its price retraces 1.5%. However, several new meme coins are looking bullish, with the emerging Dogeverse presale gathering pace having raised over $12m. Traders Lack Interest in DOGE as Price Stagnates Amid a period of market chop this month, bears have dominated the Dogecoin market, causing its price to slump. Currently, Dogecoin is trading at $0.138, down 1.5% today, 12.5% this week, and 33% this month. It has suffered…
1 year ago
Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins
On-chain data suggests Bitcoin has recently experienced an influx of investors while Dogecoin, Cardano, and other altcoins have seen a slowdown. Bitcoin Total Amount Of Holders Rise While Altcoins See Flat Movement According to data from the on-chain analytics firm Santiment, the number of Bitcoin investors has sharply increased recently. The on-chain metric of interest here is the “Total Amount of Holders,” which keeps track of the total number of addresses on a given network carrying some non-zero balance. When…
1 year ago
Over 45,000 Liquidated Traders as Bitcoin (BTC) Slides Below $62K and Meme Coins Bleed Out
More than 45,000 over-leveraged traders have been liquidated in the past 24 hours as the cryptocurrency market turned red again. Some of the biggest daily losers come from the ever-volatile meme coin industry, with BONK, PEPE, and FLOKI leading the adverse trend. Bitcoin/Price/Chart. Source: TradingView CryptoPotato reported the substantial gains charted by most larger-cap cryptocurrencies yesterday, with bitcoin jumping above $64,000 a couple of times. However, the asset failed to overcome that level decisively and the bears have reemerged since…
1 year ago
Bitget Launches Trade to Mine Promotion Campaign, Giving Away All Fees to Traders
Bitget, the leading crypto derivatives trading platform, has announced the launch of its trade-to-mine program as an upgrade of the zero-fee campaign. The initiative will kick off on 28th April – 20th May 2024 and will involve distributing Bitget Tokens (BGB) to spot traders of BTC/USDT and ETH/USDT. The reward pool for the Trade to Mine Program will be directly tied to the total cumulative fees from qualifying BTC/USDT and ETH/USDT transactions. This approach will ensure the program achieves fairness…
1 year ago
Ethereum (ETH) and Shiba Inu (SHIB) Traders Watching Closely: Furrever Token (FURR)’s Presale Sparks Interest
The post Ethereum (ETH) and Shiba Inu (SHIB) Traders Watching Closely: Furrever Token (FURR)’s Presale Sparks Interest appeared first on Coinpedia Fintech News In the midst of volatile and turbulent market conditions, where uncertainty looms large and traditional investments falter, a new dynamic is emerging within the cryptocurrency sphere. Ethereum (ETH) and Shiba Inu (SHIB), once the stalwarts of digital assets, find themselves grappling with lackluster performance, leaving investors searching for alternatives. Against this backdrop, Furrever Token (FURR) shines brightly,…
1 year ago
Dogecoin Price Slides But Traders are Backing Dogeverse to See Big Gains
The post Dogecoin Price Slides But Traders are Backing Dogeverse to See Big Gains appeared first on Coinpedia Fintech News Dogecoin has struggled today amid a broader market pullback, falling by 7%. However, the newly launched multichain meme coin Dogeverse has continued to display strength, recently surpassing $10 million in its presale. Dogecoin Slides but Remains Bullish, According to Trader Dogecoin has suffered a severe retracement than the market average today, but one prominent trader remains optimistic about its long-term…
1 year ago