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Showing posts with the label altcoin

Trader Says Altcoin That’s Exploded 700%+ in Four Months Has More Upside, Updates Outlook on Bitcoin and Fartcoin

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A widely followed crypto analyst says one altcoin that has skyrocketed over 700% in the last four months still has momentum while updating his outlook on Bitcoin (BTC) and Fartcoin (FARTCOIN). In a new thread, pseudonymous crypto analyst Altcoin Sherpa tells his 253,000 followers on X that Pudgy Penguins (PENGU), the native asset of the Pudgy Penguins non-fungible token (NFT) collection, still has room to grow despite seeing massive gains earlier this year. “I still like PENGU a lot, but not currently in an active position on it. Would love to buy around $0.025 but this current region is also still support. Swing trade strategy might be to buy 1/3rd position here and 2/3rds position lower if it comes. This one still has more upside later on [in my opinion], but it might take some patience.” Source: Altcoin Sherpa/X PENGU is trading for $0.0305 at time of writing, a 2.2% decrease on the day. Moving on to the crypto king, Sherpa says that if BTC can r...

DogWifHat Price Surge: Whales Drive Rally—$1 Next?

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The Dogwifhat price surge has, well, really taken the crypto market by storm as the meme coin has rallied about 21% in just 24 hours. This impressive movement comes at a time when large whale accumulation and also an increased level of trading activity. The dogwifhat price surge actually continues a week-long uptrend that has seen WIF gain over 30% at the time of writing, which is pretty remarkable when you think about it. This was possible despite the entire rest of the market being in a slump. Also Read: 3 Things To Expect From Trump’s First Cryptocurrency Summit On March 7, 2025 WIF’s Price Skyrockets—What’s Fueling the Rally & Will It Last? Source: Watcher Guru There are, of course, several factors that are currently driving the dogwifhat price surge, with cryptocurrency market trends generally favoring meme coins and the current altcoin rally that we’re seeing right now. WIF price prediction models are suggesting that further growth may be imminent if, and this is...

Is New Meme Coin $TST On BNB Chain The Best Crypto To Buy Now?

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Test Token ($TST) has gone from a simple demonstration token to a meme coin worthy of a Binance listing, leaving many investors to question if the new altcoin is the best crypto to buy now. The hype around $TST all started when the BNB Chain team used the token to show how developers can issue meme coins on Binance’s new Four platform. An investor frenzy soon erupted around the crypto when the video accidentally shared the contract address of the test meme coin. Investors started to buy into Test Token with the fear of missing out on the next big crypto , causing the altcoin’s market cap to surge. CoinMarketCap data shows that the demonstration token’s capitalization stands at more than $195.27 million as of 2:15 a.m. EST even after it plunged 46% in the past 24 hours.  The token has bounced back in the past six hours with a 22% surge, according to GeckoTerminal. $TST Price Prediction Following Binance Listing The hype around Test Token led to Binance listi...

Jasmy Coin Price Prediction: JASMY Is Top Gainer On CoinMarketCap After 23% Surge As This Hybrid Pepe And AI Agent Crypto Hits $4.5M In Presale

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The Jasmy Coin price soared 23% in the last 24 hours to trade at $0.03247 as of 6:13 a.m. EST as investors go long on the altcoin. With this recent surge in the JASMY price, the crypto has emerged as the top 24-hour performer on CoinMarketCap. DeXe (DEXE) posted the next biggest gain in the market throughout the past day of trading after its price rose over 17%. Jasmy Coin Price Resting On Support 4-hour chart for JASMY/USD (Source: GeckoTerminal ) The Jasmy Coin price is resting on the $0.03146 mark after it flipped the level from resistance to support in the last 24 hours. This could be a temporary consolidation before another leg up if traders don’t opt to realize their profits from the recent surge. Should the altcoin enter another bullish sequence, it could try to overcome the $0.03316 barrier before soaring to $0.03506. On the other hand, traders cashing out their gains from the recent surge might lead to the Jasmy Coin price falling below the $0.03146 support. Therea...

Litecoin Surges 11% As SEC Inches Closer To Canary Litecoin ETF Decision

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Litecoin surged more than 11% in the last 24 hours as the US Securities and Exchange Commission (SEC) moves closer to a decision on the Canary Litecoin ETF (exchange-traded fund). The LTC price pump made the crypto among the top performing cryptos and pushed its value to $128.11 as of 2:03 a.m. EST. SEC Moves Closer To Decision On Canary Litecoin ETF The SEC has asked for public comments on the proposed Canary Litecoin ETF, bringing the regulator’s decision regarding a potential approval or disapproval one step closer. According to a filing posted yesterday by the agency, the SEC will be soliciting comments and has asked for them to be submitted 3 weeks after publication in the Federal Register.  If approved, the ETF will offer investors a regulated and simple way to invest in Litecoin without having to buy and hold the crypto directly. Canary Proposal Is First Altcoin ETF To Be Acknowledged, Bloomberg Analyst Says Nasdaq filed a 19b-4 form for the Canary spot Litec...

Ripple scores victory against the Bitcoin Strategic Reserve

Ripple’s dreams came true this month when its pro-altcoin lobbying efforts in the US scored decisive victories, eliminating not only the word “bitcoin” from all executive orders and actions signed by Donald Trump but also killing two efforts to establish a national bitcoin reserve. Outside the US, it’s succeeding with its stablecoin technologies, earning Press Releases for tests, and preliminary projects with banks. It’s even using XRP technology in Central Bank Digital Currency (CBDC) pilots with foreign governments. Sales of their XRP allocations made co-founders Chris Larsen, Jed McCaleb, and Brad Garlinghouse billionaires. With their fortunes, the men have launched various pro-altcoin projects, including this year’s successful effort to delay US Senator Cynthia Lummis’ bill that would have allocated billions of dollars to a US Strategic Bitcoin Reserve (SBR). Instead, Ripple rejoiced when Trump’s signature committed only to a committee that would propose re...

Will ONDO Reach $5 In January 2025?

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The cryptocurrency industry has witnessed the arrival of an array of new assets over the years. ONDO fairly new to the market has been making headlines. The market movement of the asset indicates that a traditional accumulation period is in progress. But, early worries about the effects of recent unlocking have been surfacing. Moving on to the price the asset recorded a staggering 452% rise throughout the past 12 months. Can the asset continue this momentum and reach a high of $5 this month? Also Read: Ross Ulbricht’s $44M Bitcoin Stash Found—But Can He Access It? ONDO’s Plummet From Its All-Time High Source: BanklessTimes The prominent cryptocurrency managed to reach an all-time high of $2.14. ONDO surged to this level back in December of 2024. The asset is currently 41% below this peak. During the time of writing, the asset was trading at $1.26 with a nearly 4% downtrend throughout the past 24 hours. Source: CoinMarketCap Despite its latest drop in price, the ONDO community seem...

Sui Price Prediction: SUI Plunges 11% As Investors Rush To Buy This Vote-To-Earn Meme Coin With Time Running Out

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The Sui price plunged over 11% in the last 24 hours to trade at $4.58 as of 6:25 a.m. EST as investors decrease their exposure to the altcoin. Despite the pullback in the SUI price throughout the past day of trading, the crypto’s weekly performance remains more than 10% in the green. Sui Price Resting On A Critical Support Level Daily chart for SUI/USD (Source: GeckoTerminal) The Sui price has been in a negative sequence in the last few days, and is now resting on the $4.5061 support, according to GeckoTerminal data . Should the crypto fall below this technical safety net, it could be at risk of falling down to the subsequent mark at $3.9794.  However, the Sui price closing today’s daily candle above the $4.5061 support might invalidate the bearish thesis. In this alternative case, the altcoin will likely attempt to flip the $4.9450 mark, which it dropped below in the last 48 hours, back into support. Thereafter, continued pressure from bulls could lead to SUI ri...

Is It Too Late To Buy AI16Z? Ai16Z Price Soars 42% And This Might Be The Next Crypto To Explode

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The ai16z price soared over 42% in the last 24 hours to trade at $0.7172 as of 4:02 a.m. EST as traders go long on the altcoin.  With the recent surge, the AI16Z price was able to establish a new all-time high of $0.7625 in the last few hours. It has since pulled back slightly to trade at its current level. Ai16z Price Challenging Another Resistance Level 4-hour chart for AI16Z/USD (Source: GeckoTerminal) The ai16z price broke above the resistance level at $0.6880 and is attempting to flip the next barrier at $0.7810 into support, according to GeckoTerminal data . Clearing this technical obstacle could give the crypto the room needed to rise to as high as $0.8694, which is confluent with a medium-term positive trend line that has emerged on the crypto’s 4-hour chart. However, the ai16z price failing to establish a position above $0.7810 within the next 12 hours could prompt traders to realize their profits from the crypto’s rally. This potential sell pressure mig...

Top 6 High-Potential Meme Coins To Invest In Before December Rally

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The crypto market surges as meme coins gain massive attention, with their market value reaching a record $120 billion, surpassing 2021’s peak. As Bitcoin hovers near its peak, the potential for a massive altcoin and meme coin rally appears imminent. With trends pointing toward increased market activity and robust trading volumes, this could be a prime opportunity for investors seeking to capitalize on emerging projects and strategic plays in the meme coin sector. Brett (Based) (BRETT) Brett (Based) is gaining significant traction as a standout meme coin on the Base Chain, which itself has shown exponential growth in recent weeks. Base Chain, a layer-2 blockchain associated with Coinbase, has seen its total value locked (TVL) climb to $3.4 billion, reflecting its increasing adoption and robust ecosystem. Brett (Based) capitalizes on this momentum, showcasing impressive resilience in the market despite broader corrections affecting other meme coins. Its current market cap stands...

Solana Decentralized Exchange Altcoin Skyrockets by More Than 400% on Friday After New Exchange Listing

A Solana (SOL)-based decentralized exchange (DEX) altcoin surged by more than 5x on Friday after South Korea’s largest crypto exchange rolled out trading support for the asset. Traders on the Seoul-based Upbit can now purchase and unload DRIFT, the native asset for the Drift Protocol, an open-source DEX that enables transparent and non-custodial trading. Explains the project’s whitepaper, “Drift was designed with a goal to be capital-efficient but also protective of your assets. We achieved that by setting up sophisticated cross-margined risk engine – a system of tools with an extensive protection from over-extending risk. For instance: In the lend/borrow markets, you can also use collateral for perpetual futures and trade more efficiently with spot assets. Every token you deposit can earn you more through borrowing and also act as a collateral for perpetual swaps. Borrowers can only borrow if they have more collateral than needed, following multiple saf...