AAVE Price Prediction: Is AAVE Poised For an Uptrend Ahead ?

#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB The AAVE price showcased buying momentum and is poised for an uptrend ahead. The trend is bullish, and the AAVE token will continue to spray the gains and may soon retain the upside round mark of $150. The price action displayed a rounding bottom formation, and the token is awaiting a significant pullback from the 100-day EMA mark. Amidst the crypto market downturn, the AAVE token regressed only by 15% and remained in the bullish region.

At press time, the Aave token (AAVE) price was trading at $115.67 with an intraday gain of 1.57%, reflecting neutrality on the charts. It has a monthly return ratio of -17.89% and 58.90% on a yearly basis. The pair of AAVE/BTC is at 0.00170 BTC, and the market cap is $1.74 Billion. Analysts are neutral and suggest that the AAVE token price may deliver an uptrend ahead and may retain the upside of $150 soon.

The AAVE price signifies a bullish trend and a healthy retracement to the 100-day EMA was made, and the token may resume the bullish waves ahead. The trend favors buyers, and the token may retain the upside of $150 soon. The intraday trading volume jumped over 2.37% to $80.41 million, which depicts average investor interest.

The price volatility showcased average and stayed in the lower region, noting around 0.01 signifies low volume buying. Similarly, the total weighted sentiment remained in the negative region, around -0.747, replicating an adverse outlook.
The Social dominance activity noted a surge of over 12% and jumped to 0.066% in the intraday session. However, the amount of holders noted a consistent up move and reached $166k this week.

Per the Sanitment data, the development activity noted a decline of over 15% and dropped to 19.1 this week. However, the derivative data signifies a long buildup and the open interest rose by over 3.38% to $70.12 million in the last 24 hours.

the AAVE price has slipped to the 38.2% zone and is trading in the mid Bollinger Band region near the support zone of $110.

Terraform Labs Contests SEC Victory in Fraud Case !

#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB On April 5, a jury in Manhattan gave a civil verdict for Terraform Labs and its co-founder Do Kwon to defraud clients. The allegations were brought up by the US Securities and Exchange Commission (SEC). The taking of this move is quite significant in the context of cryptocurrency scrutiny. Terraform Labs and Do Kwon faced accusations of misleading investors about the stability of UST stablecoin and making false claims about their technology’s use in the Korean payment system, Chai. Later, after the verdict, Terraform Labs announced that they disagreed with the jury’s finding. The defense suggested that the case lacked the clear arguments the jury needed to make their decision. Moreover, they objected to the authority of the SEC to undertake the action. They announced they would ponder their next plan carefully, indicating a possibility of an upcoming appeal for support. This is a testament to the company’s strong stand for the accusations and unwavering stance to fight the legal results.

Terraform Labs Verdict Sets Regulatory Precedent

The SEC Enforcement Division’s director, Gurbir Grewal, touched on the verdict in a positive tone. Grewal brought up the significance of adherence from the companies in this crypto world. He argued that the case was a catastrophic example of the losses that investors faced due to Terraform Labs’ actions. Grewal’s comment illustrates the SEC’s integral role as the guardian of the retail investors and the market as a whole. The judgment should serve as a deterrent to other crypto entities, warning them about the price of false practice

The SEC case against Terraform Labs is another example of a sustained policy of market regulation in the crypto field. The implication of that is that this ruling helps formulate future regulations and create investor confidence. The organization intends to be proactive in safeguarding against fraud and maintaining public awareness about cryptocurrencies’ fast-changing environment

Injective Price Prediction: Is $50 The Next Milestone By End of April ?

#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Injective price prediction: INJ, a blockchain tailored for finance, has seen a significant price increase of 28% in the last 24 hours, contributing to an overall surge of 570% over the past year. This bullish pressure has been mounting, forming expectations among investors and traders for future gains.

The remarkable performance of Injective has caught the attention of the cryptocurrency community, fueling speculations about its potential for further growth. Over the past 24 hours, the Injective price has seen a notable surge, rocketing up by 10%. The price is currently at $35.31 after a bullish break out in the past 24 hours.

Injective’s market capitalization has grown by 13.32%, reaching $3 billion and ranking it number 41 in market cap listings. The 24-hour trading volume for INJ has also spiked by over 25.22%, amounting to $145 million.

Over the past week, Injective price has been trading in a sideways trend with both bearish and bullish struggling to gain momentum. The altcoin has seen a slight decrease of 4% and a 7 % dip over the past month, indicating market volatility. with the current bullish trend and significant price surge, the momentum has shifted in favor of the bulls.

The Ionic upgrade marks a significant milestone in the evolution of web3 technology, offering users enhanced access, efficiency

By leveraging Wormhole 2.0 and the Inter-Blockchain Communication (IBC) protocol, Injective has positioned itself as a key player in the financial sector, facilitating seamless asset movement and interoperability among different blockchain ecosystems

The injective stands at a critical juncture, with the $35 resistance level in sight. Overcoming this hurdle could lead to appreciable growth, potentially driving the price toward the $40 target
If the upward momentum continues past $45, there’s a strong chance of reaching the $48 resistance. Advancing further could see Injective’s value approaching the significant $50 mark

Terra Investors Watch Price Moves Amid Legal Issues for Do Kwon !!

#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Many Terra (LUNA) investors are primarily interested in monitoring speculative price fluctuations. Despite this, some remain optimistic about the project’s potential for recovery. However, there are concerns surrounding the founder, Do Kwon, who is currently under house arrest. While this situation may seem manageable, there’s a possibility that he could face imprisonment soon due to a recent court decision. LUNA Coin Faces Price Drop Amid SEC Accusations Against Do Kwon

The price of LUNA Coin has plummeted to $0.9 following recent breaking news. The US Securities and Exchange Commission (SEC) has accused Do Kwon and his company of deceiving investors regarding the stability of TerraUSD and its integration with a Korean mobile payment application. Moreover, Do Kwon, the founder of Terra, has been convicted of fraud, a charge officially documented in court records.

As discussions arise regarding his potential extradition, Do Kwon remains under house arrest until a decision is made regarding his extradition to either South Korea or the US. Given his conviction in the US, the likelihood of extradition to the US has heightened, especially since he is supposed to be incarcerated there.

The SEC has specifically accused Do Kwon of misleading investors by asserting that the algo stablecoin UST would naturally peg back to one dollar, claiming it was inherent in the algorithm’s nature to do so.

Solana price prediction as network issues escalate!!

#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Solana (SOL) continues to stand out as one of the top performers in the current crypto bull run, showcasing its strength and outpacing the broader market despite short-term correction.

However, amidst Solana’s impressive growth, the network faces ongoing challenges with network outages. Over the past two days, the Solana blockchain has encountered significant issues and congestion problems that have long been synonymous with the network.
The congestion issues can largely be attributed to the increasing number of users and their on-chain activity, particularly with the rise of meme coins and transactions on decentralized exchanges (DEXes).Notably, Solana has a history of recurrent downtime incidents, including a significant outage in early February 2024, where block production halts led to over five hours of network inactivity.

Since January 2022, Solana has experienced about six major outages and 15 days of partial or complete network disruption. Solana-focused software development firm, issued a postmortem report on the February 9 outage, identifying a bug in Solana’s Just-in-Time JIT compilation cache.investors are scrutinizing SOL’s price trajectory. Currently, SOL is showing signs of resilience in the short term, maintaining its price above $170, having gained about 2% in the last 24 hours. With network issues back in focus, the lingering question is whether SOL can maintain its current momentum.

It is worth noting that the congestion may erode confidence in its network’s performance. Persistent congestion without effective solutions could trigger negative sentiment and a decline in SOL’s price.

Examining the next trajectory for Solana’s price, crypto analyst Rekt Capital noted that for Solana to sustain its bullish run, it must maintain support above the $184 mark. However, the analyst also noted that some downside volatility, potentially wicking into $173, is acceptable as long as SOL generally stays above the bull flag bottom of $184

How Dogecoin (DOGE) and Bonk (BONK) Will React to Upcoming Bitcoin Halving ?

#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Cryptocurrencies often move in patterns tied to Bitcoin’s notable events. The halving is approaching, and investors are keenly observing its potential impact on the market and especially coins like Dogecoin and Bonk.

BlastUP is a pioneering launchpad on Blast, the cutting-edge Layer 2 solution that has rapidly reached $1 billion total value locked in just 35 days. BlastUP’s success is also evident, as it has swiftly raised $4 million in just a few weeks, capturing the attention of savvy early investors.
BlastUP champions the motto “Grow faster, earn more.” The primary goal of this launchpad is to reduce entry barriers for blockchain startups, ensuring they are equipped for success right from the beginning.BlastUP token holders can enjoy exclusive benefits like access to an Airdrop, special rewards in IDOs, and the opportunity to earn interest through staking.As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community, supporting early-stage startups. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.Solana has been fluctuating between $187.3 and $210.62 recently. Looking at the price change over the last week, SOL dipped by 1.77%, suggesting a slight downward movement.However, on a monthly view, it jumped by 37.25%, and an impressive 681% over the past six
months.Considering SOL’s current performance and technical levels, the potential for growth exists, with the next resistance level at $218.61. If Solana breaks above this, it could aim for the second resistance at $241.93.

the RSI and Stochastic hint at a cautious stance, indicating that momentum isn’t overpowering right now. If Solana were to drop, it might find support at $171.97, with a further safety net at $148.65.

Worldcoin and Ordinals prices fail to get support from Coinbase listing of ORDI, WLD perpetual contracts!!
#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Coinbase International and Coinbase Advanced announced the listing of Ordinals and Worldcoin perpetual contracts from April 11.
Coinbase listing typically ushers price rally, but WLD and ORDI prices continued to decline.
WLD and ORDI prices are down 3% and nearly 8%, respectively.
Worldcoin (WLD) and Ordinals (ORDI) prices extend losses on Friday despite Coinbase’s announcement that the International exchange and Coinbase Advanced will support BRC20 meme coin Ordinals and Worldcoin perpetual contracts. The exchange is set to open trade for these tokens on April 11.

Worldcoin and Ordinals prices down
Coinbase International, a crypto exchange that competes with Binance, alongside Coinbase Advanced, announced on Thursday that it is adding support for BRC20 meme coin ORDI and WLD’s perpetual contracts, according to an announcement on its official X account.

The exchange’s decision to add WLD and ORDI perpetual contracts comes as a response to the rising demand for AI and NFT-related tokens among institutional investors.

Typically, a listing announcement from Coinbase catalyzes gains in assets. However, in the case of WLD and ORDI, their prices are down 3% and 8%, respectively, on the day.

In the past month, ORDI price is down nearly 22% and WLD price climbed nearly 4%. Worldcoin price has rallied on several occasions in the past month as the Artificial Intelligence (AI) narrative gathers steam. ORDI is a BRC-20 token that brings NFTs to the Bitcoin blockchain.

Market participants continue to watch WLD and ORDI prices closer to the listing date in case of a delayed reaction by traders.

LUNC price loses 5% as lawyers of Terraform Labs, Do Kwon set to deliver final remarks in civil fraud trial !!
#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Terraform Labs and founder Do Kwon’s lawyers will make final arguments to a jury on Friday.
The SEC seeks civil penalties and asked for a ban on Do Kwon and Terraform Labs from the US securities industry.
Terra Classic LUNC price is down nearly 5%.
Terra Classic (LUNC) price is down on Friday as lawyers that represent Terraform Labs and founder Do Kwon work on final arguments for a civil lawsuit. The SEC alleges that the firm and founder Kwon misled investors about the stability of their stablecoin TerraUSD and brought fraud charges against the firm.

The final arguments will be made to the jury on April 5.
LUNC holders gear up for action in the lawsuit
LUNC is the token of the original Terra chain that was named Terra Classic after the collapse of the sister tokens LUNA and UST. Despite the collapse of the stablecoin, the Terra Classic token continues to maintain its own blockchain and community.
Lawyers of Terraform Labs and Do Kwon are defending against the Securities and Exchange Commission’s (SEC) allegations that the firm engaged in fraud and misled investors. The lawyers will make their final arguments to a jury.
The SEC is seeking civil penalties and requested a ban on both the founder and the firm from the US securities industry. Do Kwon is not expected to attend the trial as the Terraform Labs founder awaits extradition in Montenegro.
LUNC price is down 5% at around $0.0001330 as holders await the court proceedings in the trial. The asset posted nearly 17% losses in the past week.
Binance burnt over 4 billion LUNC tokens on April 1. The burn failed to catalyze gains in LUNC price.

Worldcoin Price Prediction: WLD holds $5.30 in hopes for a good reversal !!

#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Worldcoin price correction is likely a blessing in disguise for late bulls as bullish sentiment remains intact.
WLD could bounce at $5.30, kickstarting a good reversal after a 43% correction.
A break and close below the $4.00 psychological level would invalidate the bullish thesis.
Worldcoin (WLD) price has recorded a steady series of lower highs on the weekly timeframe, although not enough to negate the predominant trend, which is still bullish. With the broader market still clinging to positive sentiment, the AI crypto coin’s upward potential remains viable.

Worldcoin price coils up for healthy correction
Worldcoin price suffered a rejection from the $10.00 psychological level, with three lower highs to show for it. However, the primary trend (weekly timeframe) remains bullish with multiple technical indicators suggesting prevailing bullish sentiment.

For starters, the weekly Relative Strength Index (RSI) remains in bullish territory above the ‘50’ mean level, accentuated by the position of both the Awesome Oscillator (AO) and the Moving Average Convergence Divergence (MACD) in positive territory. Moreover, the MACD remains well above its signal line, reinforcing the bullish supposition.

The longer-term outlook for the Worldcoin price would be a revisit of the $5.30 support before a possible reversal north. With the bulls in play, this bounce could facilitate a flight of WLD price past the $7.00 threshold to confront the $8.56 blockade.

A breakdown of this roadblock would open the expanse for more gains, with the Worldcoin price likely to reclaim its $11.97 peak and potentially set a new all-time high above $12.00.

Notice that the Parabolic Stop and Reverse (SAR) indicator is trailing the WLD price below $4.80. As long as this price-tracking indicator follows an asset’s price from underneath, the odds will favor the upside. On the other hand, if the bears recover the market, the WLD price could decline below $5.30.

PEPE and FLOKI’s Similar Outflows: Possible Weekly Reversal ?

#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Memecoins are trading sideways after a mid-week attempt by cryptocurrencies to change the bearish outlook although assets like PEPE and FLOKI remain in the red zone.

On-chain data shows similar outflows from both memecoins this week as the wider market attempts to recover from previous liquidations. PEPE is down 4% in the last 24 hours with daily trading volumes at $545 million. On the other hand, FLOKI is down 4% but with a lesser daily volume of $192 million.

PEPE and FLOKI Sees Red

This downtrend can be viewed as investors make moves away from memecoins wiping out gains recorded in the market last week. Both assets have also recorded 10% outflows in the last seven days showing strong signs of correlation. The correlation is a result of a general market sentiment.

PEPE’s monthly position is down 9.2% although some analysts and its community are bullish pointing to previous highs. A decline in asset prices is seen as a buying opportunity before an uptick is recorded in the market. This week, social media spaces were overshadowed with bulls posting “buy the dip” in anticipation of more yearly runs.

FLOKI is up 57% in the last 30 days after bullish on factors and a rise in crypt prices. This week, FLOKI received news of the asset used in Binance’s Pay transactions. The fact that it can be used as a payment option for multiple merchants coupled with more integration increased the momentum of FLOKI. Like PEPE, FLOKI is affected by the wider maker by movements.

Possible Weekly Reversal

Memecoins are known for increased volatility with inflows sparking up a frenzy leading to frequent asset surges. PEPE and FLOKI surged in previous months on the back of inflows to the markets. Last quarter saw massive institutional flow to cryptocurrencies with the price of Bitcoin soaring to an all-time high and assets hitting new levels.
This was seen in memecoins similar to the recent plunge in the market.

Celestia Price Prediction – TIA Price Estimated To Reach $ 15.60 By Apr 08, 2024 !!

#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, or any financial, investment, or other advice.
Celestia is down -3.43% today against the US Dollar
TIA/BTC decreased by -3.83% today
TIA/ETH decreased by -4.02% today
Celestia is currently trading 23.80% below our prediction on Apr 08, 2024
Celestia dropped -23.71% in the last month and is up 411.82% since 1 year ago
Celestia price $ 11.89
Celestia prediction $ 15.60 (30.51%)
Sentiment Bearish
Fear & Greed index 71 (Greed)
Key support levels $ 11.65, $ 11.26, $ 10.48
Key resistance levels $ 12.82, $ 13.60, $ 14.00

Celestia price today is trading at $ 11.89 after losing -3.43% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -2.14% in the same time period. TIA performed poorly against BTC today and recorded a -3.83% loss against the world’s largest cryptocurrency.

Celestia price prediction, TIA is expected to reach a price of $ 15.60 by Apr 08, 2024. This would represent a 30.51% price increase for TIA in the next 5 days.Celestia has been displaying a negative trend recently, as the coin lost -23.71% in the last 30-days. The medium-term trend for Celestia has been bearish, with TIA dropping by -24.78% in the last 3 months. The long-term picture for Celestia has been positive, as TIA is currently displaying a 411.82% 1-year price change. On this day last year, TIA was trading at $ 2.32.

Celestia reached its all-time high price on Feb 10, 2024, when the price of TIA peaked at $ 20.85. The current TIA cycle high is $ 12.48, while the cycle low is at $ 11.70. TIA has been displaying low volatility recently – the 1-month volatility of the coin is at 9.54. Celestia recorded 15 green days in the last 30 days.

Bonk (BONK) Price Prediction 2024, 2025 !!!

#BullorBear #BinanceLaunchpool #Memecoins #SHIB #sui Bonk price prediction for the future and reveals one altcoin, Pikamoon, set for massive gains, even greater than Bonk’s initial market surge.

We provide a comprehensive analysis of Bonk’s price trends for the years from 2024 to 2025, along with expert forecasts on whether BONK could reach the $1 milestone. So, without wasting any time, let’s jump in.Bonk is currently trading around the $0.00002698 range with a market cap of $1,759,063,954. This is a 1.5% decrease from yesterday and a 14.80% increase from last week.

Bonk Price Forecast: 2024,2025
Let’s take a look at some technical indicators to predict Bonk’s price for the short and long term.

Moving Averages
Bonk is trending bullish on the 4-hour moving average time frame. The 50-day moving average is sloped up at the moment. Bonk’s 200-day moving average is also sloping up.

Interestingly, it has been sloping up since 27 March. So, based on the 50-day and 200-day moving averages, we can predict that the short-term price prediction for Bonk has a bearish trend.

Relative Strength Index
Bonk’s RSI is currently around 52. It has been within the 30-70 neutral range for a while now. This indicates the price of Bonk is currently trending neutral. It hasn’t had many movements, keeping RSI in this state for a while now.

Bonk Price Prediction 2024 – Short-Term Forecast
Based on the technical indicators discussed above, BONK’s historical price movements, and the upcoming Bitcoin halving, we can predict that Bonk will have a mixed 2024 from here on. The yearly low can be $0.002705, while the yearly high can be $0.029 if it continues to capture attention throughout the bull run.

Bonk Price Prediction 2025 – Short-Term Forecast
The predictions for 2025 suggest a potential increase in Bonk’s value. The price is expected to fluctuate between $0.002720 and $0.0128, with a more likely steady price around $0.00692. This presents a growing confidence in Bonk’s stability and positive market sentiment.

Ethena Price Prediction 2024: New Token ENA Breaks Into Top 100 !!

#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Ethena’s ENA token made its debut on the market on April 2, 2024, and it already broke into the top 100 cryptocurrencies by market capitalization, jumping to over $1.25.
Instead, it functions as a synthetic dollar backed by cryptocurrency assets and short futures positions. This strategy allows Ethena to offer a censorship-resistant, scalable, and stable form of digital currency.But what is Ethena (ENA)? How does Ethena work? Let’s see what we can find out, and also take a look at some of the Ethena Price Predictions that were being made as of April 4, 2024.Let’s examine some of the Ethena price predictions being made on April 4, 2024., particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.

Ethena Price Prediction for 2024

DigitalCoinPrice said Ethena would reach $2.26 this year while PricePrediction.net expects it at $1.47 and Coin Edition said ENA would close the year at $1.

Google Gemini AI Price Prediction for Ethena (as of April 4)

Google’s Gemini AI platform gave the following price prediction for Ethena on April 4. Please remember that the exact price prediction of an asset or cryptocurrency in the future is nearly impossible to achieve. Additionally, artificial intelligence price predictions are predicated on past performances and are in no way entirely accurate.

Short Term (Next 3 months)

Expected price: $1.124
Factors to Consider:
Overall cryptocurrency market trends: If the broader market experiences a bullish run, ENA could benefit.
Ethena-specific developments: News, partnerships, or significant updates to the Ethena platform could positively impact the price.
Trading activity: Increased trading volume often reflects investor interest and can lead to price fluctuations.
Medium Term (Next 6 months)

Expected price: $2.47
Factors to Consider:
Overall Crypto Market Performance: The general health of the cryptocurrency market will significantly impact ENA’s price.

What’s Ahead for Ethena Price Rally After $1 Breakout ?

#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB Ethena Price: Ethena, a relatively new entrant in the DeFi space, is garnering attention for its innovative approach to yield generation. Following a successful airdrop of 750 million ENA tokens and listing on a major crypto exchange, altcoin has witnessed remarkable gains amid the current correction trend in the crypto market. Will the momentum persist to surpass the $1.5 barrier?

Ethena introduces a pioneering approach to digital finance through its Ethereum-based synthetic dollar protocol. On April 2nd, the protocol launched its native cryptocurrency with an airdrop of 750 Million ENA tokens distributed to users who hold the USDe-synthetic dollar. An analysis of the hourly chart shows that the ENA price resonated in a rising wedge pattern. In theory, this chart pattern hints at the maturity of a bullish rally and bolsters the asset for a notable correction. However, with high momentum buying, the Ethena coin has recently breached the pattern’s overhead trendline signaling the buyer’s potential for higher rally.

As the asset is in price discovery mode, the coin holder can expect supply pressure at psychological levels like $1.25, and $1.5. However, as the broader market shows a correction trend, the Ethena coin is unlikely to continue this momentum until it supports more positive news. Thus, the ENA price may soon witness an occasional pullback to recuperate its strength.

Ethena’s ENA Token Experiences Remarkable Market Surge !!

#BullorBear #BinanceLaunchpool #Memecoins #WIF #SHIB In a striking market development, Ethena’s native cryptocurrency, ENA, has demonstrated resilience against market downturns, attracting widespread interest with its impressive price leap. The financial world took particular notice when Amber Group, a global financial heavyweight, strategically expanded its cryptocurrency holdings by acquiring ENA via a centralized exchange, sparking curiosity and speculation among investors and traders.Amber Group’s substantial investment in ENA has sent ripples through the crypto community, leading many to ponder how this significant purchase could shape the token’s future valuation. Expectations are now set for heightened market efficiency and potentially reduced price fluctuations for ENA, following Amber Group’s move.
acquired a substantial 5.106 million ENA for a total of $4.66 million from Binance. This transaction, carried out at an average cost of $0.913 per token, comes in the wake of Ethena’s well-received Airdrop and the token’s impressive performance, piquing the interest of the investment sphere.

Ethena’s ENA token has seen a remarkable ascent in value, surging by 51.65% within a single day, and currently trades at $0.9697. Accompanying this price hike, the token’s market capitalization has ballooned by 55.99%, while trading volumes have escalated by an extraordinary 228.71%, placing ENA among the standout performers in today’s bullish crypto landscape.

Amber Group’s endorsement of ENA via purchase signals increased institutional interest in the token.
The significant increase in ENA’s trading volume and market cap suggests a robust demand and investor confidence.
Additionally, the token’s derivatives volume has soared by a staggering 123354.81%, with open interest climbing 8331.30%, indicating a potent bullish sentiment in the market. Ethena’s market positioning is now at a noteworthy 75th place, reflecting its potent market entrance and growing investor appeal.

Ethena Price Prediction: ENA Surges 50% As This World !!

#BullorBear #BinanceLaunchpool #WIF #sui #SHIB The Ethena price soared 50% to trade for $0.948 as of 09:03 a.m. EST time as trading volume exploded nearly 200%.The ENA token has merited the top search position on Scopechat following the network’s recent airdrop and a flurry of whale transactions.The airdrop of the protocol’s ENA token debuted on April 2 as it started trading on top cryptocurrency exchanges. Based on the report, the largest Ethena airdrop recipient gets nearly $2 million. The protocol, known for its innovative approach in the issuance of synthetic dollars, aims to provide a crypto-native solution for money that does not rely on the infrastructure of the traditional banking system.

ENA is the powering token for the Ethena decentralized finance (DeFi) protocol, a synthetic dollar protocol built on the Ethereum blockchain. It introduces a novel stablecoin called USDe. Unlike traditional stablecoins tied to fiat, the USDe is collateralized with crypto assets and short futures positions.

Ethena Labs launched the mainnet version of its USDe synthetic stablecoin on February 19. This was after it raised a round backed by venture capital firm Dragonfly, among others. This follows an earlier round of $6 million raised from Binance Labs, Bybit, OKX Ventures, and Gemini, among others.

Wormhole (W) Price Surges 10% Amid Airdrop and Major Exchange Listing !!

#BullorBear #BinanceLaunchpool #BullorBear #WIF #SHIB Wormhole, a leading cross-chain protocol, has introduced its highly anticipated W governance token. This move marks a significant development in the crypto industry, with Wormhole positioning itself as a prominent player in the realm of decentralized finance (DeFi). The announcement of the W token launch has garnered widespread attention, drawing interest from investors and enthusiasts alike.

In a bid to facilitate seamless trading and accessibility, major crypto exchanges, including Binance, Bybit, Bitget, OKX, Backpack, and Gate.io, have revealed their intentions to list the W token for trading. Moreover, with the airdrop claim already available to eligible users, expectations are high for additional platforms to join the listing lineup, further amplifying the token’s exposure and market presence. Airdrop Details and Price Surge
Wormhole has provided extensive details regarding the W token airdrop, showcasing its commitment to fostering community engagement and inclusivity. With over 400,000 wallets qualifying for participation, the airdrop is poised to benefit a diverse range of crypto enthusiasts across various chains, including Solana, Ethereum, and others. Notably, a substantial sum of 617.3 million W tokens has been earmarked for the initial airdrop, underscoring Wormhole’s dedication to rewarding early adopters and fostering widespread adoption.

Following the public release of the airdrop, major exchanges such as Binance, Bybit, and OKX wasted no time in listing the Wormhole token for trading. This swift adoption by prominent exchanges has catalyzed a notable 10% price surge within a short trading period, reflecting the market’s bullish sentiment towards the W token and Wormhole’s cross-chain protocol. The surge in price underscores the growing demand and investor confidence in Wormhole’s vision and technology, further solidifying its position as a key player in the DeFi landscape.

Why Solana Price May Fall 25% Amid Market Correction !!

#Memecoins #BinanceLaunchpool #BullorBear #WIF #SHIB Solana price: Amid the current market correction, the layer 1 cryptocurrency Solana is grappling to sustain above the $205 barrier. This overhead supply has rejected the price recovery twice within three weeks, showing the formation of a double-top pattern. This bearish pattern formation after an over-extended rally hints the SOL holders could see a notable correction ahead.

From the late January bottom of $80, the Solana (SOL) Price Prediction for April 2nd – Is Solana (SOL) price ready for further growth long-term? has witnessed an aggressive rally which propelled its price 166% to hit a 27-month high of $210. However, the recovery trend shifted sideways below this resistance amid the broader market consolidation.

On April 1st, the SOL price showcased its second reversal from $205 resistance, leading the 12% downfall trade at $179.8. According to the derivative market tracker, Coinglass, this downfall triggered a liquidation of $20 million in Long positions. An analysis of the daily chart showed this reversal as the formation of a bearish reversal pattern called double top. This technical setup usually hits top formation in an asset followed by a significant correction trend.

If the pattern holds true, the Solana price may plunge 8.5% to challenge the combined support of $162.3 and 23.6% Fibonacci retracement level. Losing this support intensifies supply pressure and pushes the coin price to $136 or $111.5 support.
Related: Solana Memecoins Suffer 15% Outflows as Wider Market Falls.However, a look at the weekly chart shows the SOL coin is rising under the influence of the largest rounding bottom pattern, a classic reversal pattern indicating the maturity of a downtrend and emerging on a new bull run.
With sustained buying, the buyers may drive a rally to a $260 high.

COTI Launches V2 Whitepaper To Drive Confidentiality On Ethereum !!

#Memecoins #BullorBear #BinanceLaunchpool #WIF #SHIB Ethereum-based Layer-2 (L2) protocol COTI has announced the launch of its V2 whitepaper which is focused on boosting confidentiality on the underlying network.
According to COTI, this newly launched whitepaper offers a guide to the fastest and lightest confidentiality L2 on Ethereum. The whitepaper showcases the revolutionary breakthrough that has been recorded in the blockchain encryption niche. It also describes the innovative implementation of decentralized sequencers.

this is not the first time COTI is pushing for confidentiality on the Ethereum blockchain. At the beginning of 2024, the Israel-based blockchain development firm made a strategic move with the launch of an Ecosystem Growth Fund targeted at accelerating Ethereum privacy. This equally marked the beginning of the push to accelerate the development and adoption of COTI V2.COTI regards confidentiality as a core human right. It is strongly believed that confidentiality was very crucial for the early adoption of Web2. This was a time when individuals enjoyed the privilege of private conversations, associations as well as transactions.

The protocol noted that with the coming of Web3.0 which focuses on data sharing and user empowerment, there are some paradoxical challenges linked to users’ privacy that the V2 upgrade hopes to address.

The Web3.0 ecosystem has been putting structures to effectively navigate the intricacies that exist between individual privacy and the inherent blockchain transparency. Unfortunately for Web3.0, its success lies in the capacity to boost confidentiality.

The protocol achieves this dual function by engaging a unique combination of well-established privacy-preserving technologies, with the main ingredient being a Garbling Protocol. It is interesting to note that the upgraded Garbled circuits offer as much as 1000x faster computation and 250x smaller storage requirements compared to other solutions such as FHE. This is in addition to its 100x lower.

Pepecoin: Will PEPE Return More Profits Than Shiba Inu In 2024? Find Out Here !!

#Memecoins #BinanceLaunchpool #WIF #sui #SHIB The race for supremacy between meme coins has become a focal point for both investors and market analysts. As we edge closer to 2024, the question on everyone’s lips is whether Pepecoin (PEPE) will outshine Shiba Inu (SHIB) in terms of profitability. With both coins having their unique charm and a dedicated community, the battle is intense. This article delves into the profitability projections for Pepecoin (PEPE) compared to Shiba Inu (SHIB), considering market analysts predictions.As 2024 approaches, investors are keenly analyzing the potential returns on Pepecoin (PEPE) versus Shiba Inu (SHIB). Market analysts, drawing from historical data, community growth, and developmental milestones, suggest a tight race. However, certain factors give Pepecoin (PEPE) an edge, including its niche appeal and the potential for viral resurgence, which could lead to significant price spikes reminiscent of its past glory.

Both the Pepecoin (PEPE) and Shiba Inu (SHIB) ecosystems have seen considerable developments that could influence their profitability in 2024. Shiba Inu (SHIB) has expanded its ecosystem with new projects and partnerships aimed at increasing utility and demand. Similarly, Pepecoin (PEPE) has made strategic moves to rejuvenate its brand and align with current market trends, focusing on increased utility and community-driven initiatives. These developments are critical in determining the long-term value and profitability of both coins.

Market analysts predict a promising year for meme coins Such as Shiba Budz (BUDZ) and Pepecoin (PEPE) potentially offering higher percentage returns due to its lower market capitalization, which allows for more significant growth potential. However, the stability and broader acceptance of Shiba Inu (SHIB) cannot be overlooked, as they contribute to its resilience and potential for steady gains. The balance between risk and reward is the main factor guiding these predictions.