Author: Yeek.io

Shiba Inu’s MVRV ratio has dropped below 1, which could show that the memecoin is in an accumulation phase.  SHIB whales have also purchased 1 trillion SHIB tokens within 24 hours, which could fuel the rally.  Shiba Inu [SHIB] has staged a strong recovery after falling to a six-month low earlier this week. At press time, SHIB was trading at $0.0000163 after an 8% gain in 24 hours.  While SHIB’s recent gains likely came from traders buying the dip, trading volumes had dropped by 32% per CoinMarketCap, showing that demand remains weak. However, on-chain metrics suggest that buying pressure could…

Quick take: The announcement comes less than a month after completing a $30M AI node sale in January. It also comes ahead of the company’s anticipated mainnet launch of its AI-focused blockchain in the first or second quarter of 2025. Last year, the company also raised $35 million in seed funding and a further $40 million extension backed by Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures and Animoca Brands. 0G Foundation has launched an $88 million fund to invest in the next generation of AI-powered DeFi apps. The fund attracted backing from leading Web3 VCs including Hack…

Cryptocurrency analyst and trader Jason Pizzino believes three top altcoins may be forming bullish reversals after the market’s correction. In a new video, Pizzino tells his 348,000 YouTube subscribers that Ethereum (ETH) may soon regain $3,000 as support after bouncing off of a low of around $2,100. “Overall, the smart money bought this thing up pretty damn hard. It’s hit all the targets now down to 150%, so that’s $2,100 to $2,200… We are now looking for closes above $2,900. Another massive thing about this bar is that it had huge volume, and it closed back above all these previous…

Crypto analyst Crypto Paradise has raised the possibility of the Dogecoin price recording another explosive rally above the psychological $0.4 level. The analyst highlighted a bullish pattern, which proves that the foremost meme coin could witness this parabolic move.  Why The Dogecoin Price Could Soon Rally Above $0.4 In a TradingView post, Crypto Paradise predicted that the Dogecoin price could soon rally above $0.4 and explained why this parabolic move was on the horizon. The analyst revealed that DOGE is currently forming a descending channel pattern, and things are starting to look “interesting” for the foremost meme coin.  He further…

Este artículo también está disponible en español. Solana is trading above the crucial $200 level after enduring days of extreme volatility and heavy selling pressure. Despite the uncertainty, Solana remains one of the strongest assets in the crypto market, sustaining its bullish momentum that has been in place since 2023. Investors and analysts are closely watching this key level, as maintaining support above $200 is essential to confirm further upside potential. Related Reading Top analyst Jelle shared a technical analysis on X, highlighting Solana’s current position. He noted that SOL is holding the key support level so far and emphasized…

There’s been a lot of buzz lately about the possibility of a CryptoPunks IP sale, and this has stirred up plenty of excitement, questions, and even a bit of anxiety in the NFT community. CryptoPunks, created in 2017, are considered one of the oldest and most respected collections in the world of digital collectibles. They feature 10,000 unique, pixelated characters that many people see as a form of digital art.Ever since Yuga Labs acquired the rights to CryptoPunks in 2022, fans have been curious about what would happen next. Yuga Labs is the company behind the popular Bored Ape Yacht…

Blockchain analytics firm Arkham Intelligence has announced a partnership with Sonic Labs. With this collaboration, Sonic users will gain access to Arkham’s suite of intelligence features, including entity and address tracking, real-time alerts, dashboards, and visualization tools.  This integration aims to enhance transparency and security for users interacting with Sonic’s decentralized finance protocols. Sonic, an Ethereum Virtual Machine layer-1 blockchain, has seen significant growth since launching on December 18, 2024. The network’s Total Value Locked has surged by over $200 million in the past month, reaching $250 million across its DeFi ecosystem.  ANNOUNCING ARKHAM X SONICWe’re partnering with @SonicLabs to…

AVAX has exited a symmetrical triangle pattern, typically signaling a bearish trend. Traders appeared to be closing positions, which often signals uncertainty or reduced confidence in price recovery. Avalanche [AVAX] has recently shown significant movements in its market behavior, with its price dipping from the symmetrical wedge pattern. Will this move make the altcoin fall to $20? AVAX’s next move: Trend reversal or deeper dive? AMBCrypto’s analysis showed that AVAX had exited a symmetrical triangle pattern, typically signaling a bearish trend. The setup suggests a possible downswing, with a target price of around $20. Source: Coinglass The pattern, with converging…

XRP attempt to break past the $2.7 resistance level has been met with strong selling pressure, forcing the price into a fresh decline. Its failure to sustain bullish momentum has shifted market sentiment, with bears seizing control and pushing the altcoin lower. As a result, traders are now eyeing key support levels to gauge the next move. With technical indicators hinting at growing weakness, further losses risks remain high. If bearish pressure continues, XRP could see an extended drop, testing lower support zones. However, a swift recovery above critical levels could reignite bullish hopes and prevent a deeper correction. Bears…

Este artículo también está disponible en español. The XRP price has entered a Golden Pocket—a key Fibonacci retracement level that often acts as strong support. According to a crypto analyst, this new development could present an attractive buying opportunity for investors, especially as the market consolidates. XRP Price Golden Support Could Trigger Rebound A crypto analyst, known as “ColdBloodedCharter’ on TradingView, has presented a detailed technical chart analysis of XRP, discussing its current position, potential future trends, and key buying levels. The analyst disclosed that XRP is currently inside a Golden Pocket, supported by a 50-day Moving Average (MA) directly…