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May 07, 2024 at 08:44 // Price Author Coin Idol The alt coins listed here are the lowest performing coins that have fallen below the moving average lines. The implication is that while in the bearish trend zone, alt coins will continue to fall in price. Pendle The price of Pendle (PENDLE) has fallen below the moving average lines. The current rise has ended as the altcoin hits resistance at $7.53. The altcoin has fallen to a low of $4.17. According to the price tip, PENDLE will fall further to a low of $3.47. The altcoin could receive support if it falls back abo...

Crypto analytics firm Santiment thinks that Ethereum (ETH) and alt coins related to the top smart contract platform will leave many traders on the sidelines. Santiment says it is keeping a close eye on Ethereum’s average transaction fee, which nosedived to its lowest level since October 18th, 2023. According to the analytics firm, the slumping gas fee is a solid signal that Ethereum is in the midst of carving a local bottom. “Ethereum’s average fee level has dipped to just $1.12 per network transaction, the lowest average cost in a day since October 18th. Traders historically move between sentimental cycles of feeling that crypto is going ‘To the Moon’ or feeling that ‘It Is Dead,’ which can be observed through transaction fees. These fees will tend to peak (and sometimes diverge) around price tops, and go back to its resting state around price bottoms. With markets mainly retracing over the past six weeks, the lack of ...

As investors explore options beyond Bitcoin, they are considering low-cost crypto investments poised for significant growth. Bitcoin reached a new all-time high (ATH) of $73,750 on March 14th, surpassing its previous record of $68,789 set on November 10, 2021. However, following this milestone, the leading crypto is currently trading at $70,008 as of the time of writing. Yet, many cryptocurrency experts anticipate that Bitcoin price could potentially reach $100K later this year. Although Bitcoin’s price is expected to rise further, numerous other crypto currencies , such as alt coins priced below $1, present even greater potential for growth. These Bitcoin alternatives showcase unique and forward-thinking attributes, with significant growth prospects surpassing Bitcoin. This article presents five penny crypto currencies worth considering, each offering distinct opportunities. Now might be a favorable moment to think about adding some of these coins to your portfolio. JasmyC...

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BitPay has integrated Litecoin (LTC) for Microsoft payments THORChain (RUNE) rallies above $7.  NuggetRush may outperform popular memecoins  BitPay has integrated Litecoin (LTC) for Microsoft payment s, providing users an additional transaction option. Meanwhile, THORChain (RUNE) is trending higher. Another altcoin, NuggetRush (NUGX), could outperform popular meme coins .  NuggetRush may outperform popular memecoins NuggetRush incorporates play-to-earn (P2E) gaming focused on mining and memecoin elements.  Unlike leading meme coins like Dogecoin and Shiba Inu, NuggetRush looks to differentiate itself by integrating gaming utility and social impact initiatives. You might also like: Investors turning to NuggetRush, Avalanche, and Cardano The gaming ecosystem is designed to mirror artisanal ...

Glauber Contessoto, better known as the ‘Dogecoin Millionaire’ for his high-profile investment in the meme-inspired Dogecoin (DOGE) coin, tweeted today that he plans to make conviction plays on 10 additional altcoin projects for the next crypto bull run. Contessoto first made waves in the crypto world in early 2021 when he invested his entire life savings of $250,000 into Dogecoin, turning that investment into over $2 million at the coin’s peak. Though the value of his DOGE holdings has since fallen dramatically along with the rest of the crypto market, Contessoto says he still believes fully in Dogecoin’s potential. The 10 coins mentioned by Contessoto include meme coin projects like Pepe Coin (PEPE) and HarryPotterObamaSonic10Inu, which represent the same irreverent, internet-culture focused approach that initially drew him to Dogecoin. He also mentioned more established altcoin projects like LUKSO, KASPA and Avalanche (AVAX) that offer innovative blockcha...

Eth price trades at a key resistance level, but data highlights why the altcoin could struggle to hold $1,900. Ether (ETH) price surged by 6.2% from Nov. 3 to Nov. 5, but the altcoin faces difficulty in breaking the $1,900 resistance. Despite the current bullish trend, Ether's 17% return over the last 30 days falls short of Bitcoin's (BTC) impressive 27% gain during the same period. Regulatory hurdles and ecosystem centralization critiques linger Analysts attribute some of Ether’s underperformance to uncertainty surrounding Consensys, a key player in the Ethereum ecosystem. Former employees have filed a lawsuit against the company and its co-founder, Joseph Lubin. Over two dozen shareholders of the Swiss-based holding company, Consensys AG, claim that Lubin, who is also a co-founder of Ethereum, violated a "no-dilution promise" made in 2015. Consensys is responsible for developing and hosting infrastructure projects crucial to the Ethereum network. It was founded i...

Three wallets possibly be owned by the same person moved 6,500 BTC for the first time in six years. According to blockchain explorer OKLink, Bit coins (BTC) arrived at these three addresses on Nov. 5, 2017. The value of the transferred bit coins at the current price exceeds $230m. Bitcoin addresses | Source: OKLink According to on-chain data, the bit coins transferred by the whale belong to the so-called “ancient reserve”. This is what analysts call coins purchased or mined at least 7 years ago. Some BTC came from an address marked on bitinfocharts as F2Pool, which may belong to early miners. On Nov. 1, the Bitcoin rate set a new high from May 2022. At the moment, the price of the asset was above $36,000. Against the backdrop of a jump in the Bitcoin rate, the volume of liquidations on futures contracts reached $161m in 24 hours, according to CoinGlass. Source: CoinGlass In addition, all assets from the top 10 by capitalization are in the “green” zone, accordi...

In recent years, meme coins have emerged as influential factors within the cryptocurrency market, attracting investors due to the possibility of significant returns. Originating from internet humor and viral culture, these digital currencies can potentially bring about transformative changes in the crypto industry. Several meme coins exhibit promising attributes that extend beyond their humorous origins, offering real-world applications and benefits. In this context, we will examine the upward trajectory of meme coins that hold the potential to ascend to the ranks of the top 50 cryptocurrencies within the next three years . Among these meme coin contenders,  DigiToads , Dogecoin, and Shiba Inu, capture the attention of seasoned investors. DigiToads DigiToads is a web3 game that has gained a growing community and introduced its token. The game allows players to acquire non-fungible tokens (NFTs) called TOADS and train them for participation. A portion of the prize pool is distribu...

The company developing China’s blockchain network wants to create a system for international settlements with stable coins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digital assets in foreign trade. Company Behind China’s Blockchain Push Aims to Make Stablecoins and State Coins Interoperable Hong Kong-based Red Date Technology, the designer of China’s state-backed Blockchain-based Service Network (BSN), has launched a new project to implement both stable coins and central bank digital currencies (CBDCs) in cross-border payments. The initiative was announced this week at the World Economic Forum (WEF) in Davos, Switzerland, the South China Morning Post reported. The future platform, called Universal Digital Payments Network (UDPN), should ensure the interoperability between the two types of tokens. The goal is to allow businesses from different countries to “transact and settle in different regulated d...