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
Traders Turn to This New Project After Ali Martinez Warns About Ethereum and Bitcoin
As the cryptocurrency market continues to spike in popularity, investors and enthusiasts are looking for the next ample opportunity through which they can diversify their holdings. Amidst so many options available, they have turned to analyst projections in order to determine just how far a crypto can climb. The three cryptos that have piqued the most interest include Ethereum (ETH), Bitcoin (BTC) and KangaMoon (KANG). To see which is a top crypto to buy, we will go over all three…
1 year ago
Altcoin Sherpa Projects Major Upswing for DOGE – Traders Top Meme Coins Picks for Q1 BONK and KANG
Dogecoin (DOGE) has remained bullish on the charts even despite the broader market correction phase and is seen as one of the hottest memecoins as a result of this, appealing to major crypto analyst ALtcoin Sherpa. Alongside it, Bonk (BONK) is also seeing bullish on-chart metrics after climbing over 3,500% year-to-date (YTD). However, one of the cryptocurrencies that can see the most significant growth in 2024 is KangaMoon (KANG) due to its Social-Fi features and Play-to-Earn (P2E) elements. Today, we…
1 year ago
Important Binance Announcement Concerning Mexican Traders
TL;DR Binance updates its platform to include additional trading options for Mexican users. The move coincides with a rising adoption in the region and could drag even more people into the world of crypto. The world’s largest cryptocurrency exchange continues to update its platform to improve users’ experience and respond to the latest trends. Most recently, it disclosed that it will open trading and enable Spot Algo Orders Trading Bots services for the USDT/MXN pair. The service will become available on…
1 year ago
Trending Solana Meme Coin $SLOTH Raises $8 Million as Traders Back it to Explode
Investors are flocking towards a new meme cryptocurrency, Slothana ($SLOTH), which has recently launched its presale campaign. This new project features a lazy office sloth as its central figure – which decides to quit its day job to earn huge profits by trading cryptocurrencies. Slothana aims to replicate the success of other established Solana meme projects like BOME and SLERF, which have already generated billions of dollars. Off to a great start to its presale, Slothana has raised more than…
1 year ago
Cat-Themed Memecoins Growing Popularity: Traders Earn Millions With MEW and MOEW
The memecoin market has been dominated by dog-themed tokens for the past few years. Despite not being as popular and well-known as their canine crypto counterparts, cat-themed tokens are starting to appear at the forefront of the meme-inspired market. Cats In A Dogs Crypto Market Memecoins can become a market sensation overnight, and their communities can be some of the most supporting investors, as seen with the Vegas Sphere “wif on sphere” fundraiser campaign. Dogecoin and Shiba Inu remain the…
1 year ago
Record Number of New Traders Flock to Meme Coins: Data
Meme coins may have managed to capture the imaginations of investors but have also suffered greatly due to last year’s market downturn. However, this sector is seeing a resurgence as data shows growing interest and participation from retail investors amidst a widespread recovery in crypto assets. Meme Coin Frenzy Continues The number of addresses holding meme coins for under thirty days hit a record high last month, according to the latest analysis shared by IntoTheBlock. This uptick serves as a clear…
1 year ago
Bitcoin Traders No Longer Extremely Greedy: Rebound Signal?
Data shows that Bitcoin investor sentiment has cooled to the lowest level since February, something that could facilitate a rebound in the price. Bitcoin Fear & Greed Index Now Points At Just ‘Greed’ The “Fear & Greed Index” is an indicator created by Alternative that tells us about the general sentiment among investors in the Bitcoin and broader cryptocurrency sector. This metric uses a numeric scale from zero to hundred to represent the sentiment. To calculate the score, the index…
1 year ago
Unicapital – Empowering Traders With Innovative Tools
The financial market hosts many trading platforms and traders with varying experience. Despite the diversity, traders face a list of challenges, such as the constant need to keep up with voluminous market information, the struggle with emotional decision-making, and the continuous pressure to be updated with emerging fintech tools. Unicapital offers an all-in-one solution through a platform designed to tackle traders’ everyday challenges. The project utilizes artificial intelligence (AI), real-time analytics, risk management, and other features to enhance the trading…
1 year ago
Bitcoin Traders Spread “Buy The Dip” As BTC Plunges Below $66,000
Data shows “buy the dip” calls for Bitcoin have spiked around social media following the plummet the asset has seen below the $66,000 level. Bitcoin Social Volume For Terms Related To Buy The Dip Has Shot Up According to data from the analytics firm Santiment, Bitcoin investors have more heavily reacted with bullish calls than bearish ones despite the sharp decline the asset has observed. The indicator of relevance here is the “Social Volume,” which tells us about the amount…
1 year ago