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The cryptocurrency market witnesses the arrival of several new assets. From meme coins to decentralized assets, the industry is home to thousands of coins. While some fail to make noise, a few others capture the attention of the entire market. One such cryptocurrency that has left the community confused is Pi Coin (PI). The fairly new asset caught the eye of the market as it jumped to an all-time high of $2.98 just days after its launch. But currently, PI is trading 70% below this peak, leaving investors with increased losses. Is there a chance of redemption for the altcoin? Also Read: BlackRock Bitcoin ETF Soars as Abu Dhabi and Hong Kong Investors Pump Over $1 Billion How Far Is Pi Coin From The $1 Mark? Source: Watcher Guru Pi Coin emerged as a top performer earlier this month. The asset has surged by nearly 50% over the past 30 days. During this period, PI went from trading at a low of $0.5631 all the way to a high of $1.62. This upward streak was, however, broken. At the time of w...

Telegram clicker game Hamster Kombat is looking to surpass Uniswap’s $6.4 billion UNI airdrop with what its team claims to be the “largest airdrop in the history of crypto.” Data from the market tracking platform CoinGecko shows that UNI’s airdrop, which took place in September 2020, still holds the title for the biggest token distribution event. The token also holds a comfortable lead over the next biggest airdrop, which belongs to Apecoin (APE) at about $3.5 billion. Hamster Kombat Breaks Records With Turbocharged User Base Growth Overtaking UNI’s airdrop will be a monumental task. However, Hamster Kombat’s team may be up for the challenge given the game’s viral success. Within just 5 months, the Telegram mini game has rocketed past the 300 million players mark.  Hamster Kombat has also set a new record for the quickest time to reach the 100 million users milestone after achieving the feat in two months. Now, the game might be on ...

Recent data from Arkham Intelligence reveals that the US government holds $13 billion in crypto, including approximately 54.89 billion Shiba Inu ($SHIB) tokens. Meanwhile, the up-and-coming rival PlayDoge ($PLAY) is rapidly closing in on $6 million in presale funds. This data underscores the significant role of meme coins in the market. PlayDoge, which has more to offer than $SHIB – including its soon-to-launch P2E mobile game with ’90s nostalgia – could soon replace Shiba Inu as the new major meme coin holding of the Feds. For investors who have not noticed the smart money moving into the PlayDoge presale, there’s still a chance to grab the token at $0.00524. However, the price is expected to rise to $0.00525 within the next two days as PlayDoge ends its current presale stage. Given the attention PlayDoge has already garnered, it’s unlikely that the price will stay at these levels for long. The growing interest suggests more bul...

The Bitcoin price plunged after a US Government transfer of $2 billion in seized Silk Road BTC in a move that followed Donald Trump ‘s vow to “never sell” US government holdings of BTC. A wallet tagged as “U.S. Government: Silk Road DOJ” moved 29,800 BTC on July 29 to an unlabeled address that has no transaction history, according to Arkham Intelligence . Thereafter, the address performed transactions of 19,800 BTC and 10,000 BTC to two different addresses. The transfers spooked crypto investors, who quickly dumped their holdings in the leading crypto due to fears of an impending selloff. Bitcoin slumped 4% to trade at $66,639.72 as of 2:45 a.m. EST. US Government’s BTC Might Have Been Sent To Coinbase  Analysts at Arkham suspect that the transfer of 10,000 BTC, worth $670 million, was a deposit to an institutional custody or service. Commenting on the recent transfers by the US Government wallet, Bloomberg ETF analyst James Seyffart specu...

The presale for the new meme coin Base Dawgz ($DAWGZ) has hit another major milestone, pulling in $2.7 million in total funds raised in its latest round. Base Dawgz is vying to be the top dog on Base Chain, an Ethereum Layer 2 platform recently gaining massive popularity. In its current presale stage, Base Dawgz pegs its native token, $DAWGZ, at $0.006725 – a solid 40% jump from its launch price of $0.00479. With investors actively on the hunt for the next 100x crypto on Base, catching onto $DAWGZ could be like striking gold, potentially launching its value sky-high. Make sure to snatch up some $DAWGZ now at its current rate, as the buzz from its presale – raking in a boatload of cash in just over a month – hints at some serious rocket fuel for its future value. Base Chain Enters Politics – Boosting Meme Coins Like $DAWGZ Crypto has firmly entrenched itself in politics, with reports of Donald Trump receiving $3 mill...

The S olympics price surged 20% in the last 24 hours to trade at $0.003303 as of 03:25 a.m. EST on trading volume that skyrocketed 130% to $3.19 million. This comes ahead of the Paris 2024 Olympics opening ceremony today, with SOLYMPICS aiming to capitalize on the hype surrounding the event. Solympics Price To Rally Over The Rounding Bottom SOLYMPICS price Chart Analysis Source: GeckoTerminal.com The S olympics price hit yesterday’s target, according to our Analysis . However, the price then went down to the $0.0022 support level, before rebounding to the $0.0032 resistance level, forming a rounding bottom pattern, according to data from GeckoTerminal . SOLYMPICS price still trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bullish rally to the upside. Moreover, the Relative Strength Index (RSI) is trading up as it closes in on the 70-overbought region, currently at 69, a signal that the asset is under intense buying pressure. ...

The XRP price tumbled 2% in the last 24 hours to trade at $0.6106 as of 03:28 a.m. EST on trading volume that surged 30% to $2 billion. This comes as the US Securities and Exchanges Commission (SEC) prepares to hold a meeting today with Ripple Labs amid speculation of a possible settlement in their legal battle. With speculation on the outcome remaining positive, the XRP price has been rising steadily in the last two weeks, surging from the $0.4412 support zone, according to data from GeckoTerminal . XRP Price Aims For A Bullish Rally Over The $0.62 Resistance XRP Price Chart Analysis Source: GeckoTerminal.com The XRP price bulls are looking to stage a bullish rally, capitalizing on the ascending triangle pattern. The price of XRP is still trading above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish rally to the upside. Moreover, the Relative Strength Index (RSI) drops from the overbought region, currently at 54, as it approach...

The Shiba Inu price plunged 6% in the last 24 hours to trade for $0.00001752 as of 01:15 a.m. EST on trading volume that skyrocketed 254%. The dump came amid much FUD (fear, uncertainty, and doubt) after the WazirX hack on July 18. The hack, which blockchain security firm Elliptic attributed to the infamous North Korean Lazarus Group, saw hackers steal 200 different crypto assets worth $235 million. About $100 million of the losses were Shiba Inu (SHIB), with Ethereum (ETH), Polygon (MATIC), and PEPE (PEPE) also stolen. 📢 Update: We're aware that one of our multisig wallets has experienced a security breach. Our team is actively investigating the incident. To ensure the safety of your assets, INR and crypto withdrawals will be temporarily paused. Thank you for your patience and understanding.… — WazirX: India Ka Bitcoin Exchange (@WazirXIndia) July 18, 2024 The development spooked investors given the loot constituted over 45% of the exchange’s reserve ...

The PeiPei price soared 24% in the last 24 hours to trade at $0.0000003830 as of 03:43 a.m. EST on trading volume that surged 26% to $201 million. This comes as Davinci Jeremie, a prominent figure in crypto who told people to buy $1 worth of Bitcoin in 2013, announced that he is an official ambassador of PEIPEI. Jeremie said that he is betting on its ability to hit a market capitalization of $1 billion, up from about $157 million now. PeiPei Price Could Soar Over The Rounding Bottom Pattern To A New ATH PeiPei Price Chart Analysis Source: GeckoTerminal.com The PeiPei price has been in a tear in the last month, recording a 263% surge. Over the past week, the price of PeiPei has experienced a downward trend before rebounding and forming a rounding bottom pattern. The PEIPEI bulls seem to have capitalized on the pattern to push the token to a new all-time high (ATH) of $0.0000003830, according to data from GeckoTerminal .  PEIPEI trades well above both the 50-day and...

Craig Wright has admitted to not being Bitcoin’s pseudonymous creator Satoshi Nakamoto in a legal disclaimer on his website, and now faces potential perjury charges. The admission was added to the home page of Wright’s website on July 16, and cites a recent ruling from the United Kingdom High Court of Justice. A link in the disclaimer also redirects readers to the summary of the findings presented by the Crypto Open Patent Alliance (COPA). Craig Wright Claimed To Be Satoshi Nakamoto Since 2016 Since 2016, Wright had claimed that he was the mastermind behind Bitcoin . In 2023, he went on to sue several Bitcoin developers for allegedly violating his copyright on some of the underlying technology for the blockchain. He also claimed the rights to the Bitcoin database. A consortium of developers, exchanges and projects named COPA subsequently formed to defend victims of Wright’s legal attacks. Earlier this year, COPA presented over 50 pieces of evidence that dismantle...

The VENCE price soared 122% in the last 24 hours to trade at $0.002172 as of 00:15 a.m. EST time. The token exploded after presidential aspirant Donald Trump’s decision on Monday to select Ohio Senator JD Vance as his running mate in the upcoming presidential elections in November. The announcement followed the official nomination of Trump for presidential candidate of the Republican party in the Republican National Convention in Milwaukee. “After lengthy deliberation and thought, and considering the tremendous talents of many others, I have decided that the person best suited to assume the position of Vice President of the United States is Senator JD Vance of the Great State of Ohio,” Trump wrote on Truth Social. JD Vance welcomed the selection in a post on X. Just overwhelmed with gratitude. What an honor it is to run alongside President Donald J. Trump. He delivered peace and prosperity once, and with your help, he'll do it again. Onward to victory...