Author: Yeek.io
Journalist Posted: December 31, 2024 Solana’s trading volume dipped sharply in the last seven days. A key technical indicator hinted at a price drop soon. Solana [SOL] has witnessed a slight correction in the last 24 hours, like several other cryptos. However, a recent analysis revealed that it’s crucial for the token to hover within a particular range in order to hold its price. Will SOL be able to do so, or the ending of 2024 might witness SOL losing market capitalization? Solana’s crucial level! After a nearly 5% weekly price hike, the token’s value dropped in the last 24…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. PropiChain (PCHAIN) predicted to outshine Dogecoin (DOGE) through its transformative platform. After an explosive rally starting in early November, Dogecoin (DOGE) is losing momentum after reaching a local high. This has prompted an analyst to pick PropiChain (PCHAIN) as one of the few altcoins that will surge in 2025. PropiChain is a real estate tokenization platform. The project is attracting investors eager to maximize profits in Q1 2025. One of its major selling points is its ability to transform…
Amid the broader decline in the global crypto market, Ethereum emerged as one of the major cryptocurrencies that has been impacted significantly. Despite already being underperformed in the recent bull run, Ethereum has now experienced a notable correction, dropping to as low as below the $3,500 price level in recent weeks. While this price performance from ETH might have led investors to lose interest in Ethereum for now, recent data from the CryptoQuant platform suggests a possible turnaround, with key indicators pointing towards renewed market confidence. Funding Rates Indicate Renewed Confidence Among Traders A CryptoQuant analyst, ShayanBTC, highlighted Ethereum’s futures…
Looking for the best crypto to buy now? Some coins could soar with Trump’s presidency, promising a crypto-friendly regulatory shift. This article highlights seven cryptocurrencies that stand to benefit from these favorable changes. Aureal One leads the list, offering strong potential for growth. The coin’s technology and market positioning make it a top investor choice. As Trump’s policies potentially reshape the market, including SEC reforms and pro-crypto appointments, coins like Aureal One are primed for growth. Investors should factor in these developments when choosing the best crypto to buy now. Top 7 Best Crypto to Buy Now Aureal One (DLUME)…
A closely followed crypto trader says he’s looking to scoop up more of a Solana (SOL)-based memecoin amid the market correction. The pseudonymous analyst known as Altcoin Sherpa tells his 236,000 followers on the social media platform X that he’s got his eye on Fartcoin (FARTCOIN), a memecoin that was created by an anonymous developer referencing the “ideal memecoin” suggested by the artificial intelligence (AI) large language model Truth Terminal. Altcoin Sherpa says he’s looking to accumulate FARTCOIN even if it drops to as low as $0.65. “I’m filling a bit around $0.80ish, approaching my buys. Total buys = some…
Bitcoin continues to demonstrate resilience, holding above crucial demand levels after its recent decline from all-time highs. While the market grapples with negative sentiment and a wave of bearish predictions, BTC price action remains steady, offering hope to investors eyeing a potential recovery. Adding weight to Bitcoin’s strength, CryptoQuant CEO recently shared compelling data that combines off-chain and on-chain metrics. The analysis reveals that the estimated capital stored on the Bitcoin network has surged to $1.03 trillion. This substantial increase underscores the narrative of BTC as a robust store of value, aligning with the thesis many analysts advocate for the…
Friends, From our team to you and yours, we hope everyone and their families are well and keeping safe during these complicated weeks. To help pass some time while we’re all stuck in doors, it’s time again to update the community on progress made by some of the EF-supported projects not covered in last week’s ESP Allocation Update. While the last Winter edition in this series was posted only a few months ago, we’ve all come a long way since the launch of the Istanbul network upgrade, and many teams have news to share. As always, these updates focus on…
Best crypto meme coin to buy now: DB, meme coins, meme cryptoThe crypto market constantly evolves with new meme coins striking the market. While providing great potential for investors. If you missed Dogwifhat (WIF), don’t worry! There are still plenty of the best memecoins available for buy now. With the ability to deliver massive gains on investment. One of the most intriguing options if you’re looking for the best memecoin to buy now is DexBoss. This is unique for both its community-driven appeal and its connection to DeFi. With its rising user base and creative tokenomics, DexBoss is rapidly gaining…
Whenever concerns surrounding Bitcoin’s long term prospects’ going in a negative direction surface, a common refrain of dismissal is “Well tell us what to do about it then.” This is used to dismiss all concerns of regulation leading to regulatory capture, of deeper involvement of certain entities leading to higher risks to the consensus process, of any type of failure mode that involves Bitcoin’s censorship resistance and ability to enable freedom eroding really. “Well what’s your plan?” Use Bitcoin. Bitcoin consensus orbits around two important variables, economic actors and miners. Economic actors decide whether a set of consensus rules has…
An analyst has explained how Dogecoin could end up witnessing a rally of around 6,770% if this pattern continues to follow for the meme coin. Dogecoin Has Been Trading Inside A Long-Term Ascending Channel In a new post on X, analyst Ali Martinez discussed a long-term pattern in which the weekly price of Dogecoin has been trading inside. The pattern in question is the Ascending Parallel Channel from technical analysis. A Parallel Channel refers to a consolidation pattern that forms when the price of an asset moves inside two parallel trendlines. The upper line is made by joining together successive…