🚀 Here’s why the crypto Altseason could start tomorrow

While Bitcoin (BTC) flirts with the long-awaited $100,000, and Jim Cramer recommends a “buy,” crypto traders eye the Altseason. Historically, money has rotated from Bitcoin into altcoins after significant breakouts, which could occur again this cycle, starting on Sunday.

This is because Sunday, November 24, will close the third consecutive week above Bitcoin’s last weekly candle’s high. Essentially, an altseason started every time this pattern occurred in the previous two cycles, as TechDev shared on X.

An altseason happens when altcoins outperform Bitcoin, diminishing its market cap dominance. Some analysts are already excluding Ethereum (ETH) as part of “altcoin” analysis, given its market size and relevance.

In summary, trading experts and crypto investors expect mid-to-low-caps to outperform the leaders, better distributing the capital among all cryptocurrencies.

🔸 The altcoins season (altseason) is starting

On TechDev’s insight, the Bitcoin and crypto analyst pointed out a pattern that dates back to March 2017. According to him, the last two altseasons started after three consecutive weekly closes above the last Bitcoin weekly high.

This pattern is in play right now, with the third consecutive week to close tomorrow, Sunday night, starting on Monday. Therefore, this week could be a key period for what some experts are labeling “utility altcoins,” with high growth potential.

Notably, TechDev crossed over the Bitcoin Dominance Index (BTC.D) with Bitcoin’s weekly chart, illustrating the start of the altseason.

In this context, some altcoins have already started surging, leading the way for other cryptocurrencies. Solana (SOL), Ripple (XRP), Cardano (ADA), Algorand (ALGO), Hedera (HBAR), Near Protocol (NEAR), and Sui Network (SUI) are some of them, outperforming other projects in the past few days as money starts rotating from Bitcoin and Ethereum to lower caps.

#Altcoin #Altseason #Altcoins

💥 Here is How Much XRP You Need to Make $1M if XRP Hits $150, $258, $305 and $403

Individuals looking to make $1 million from XRP via ambitious price points in the triple-digit range require a modest initial investment.

XRP has recently renewed optimism among community members and steadfast holders that their millionaire dreams are still on course. Last week, XRP recaptured a three-month high of $0.6366, even momentarily emerging as the best performer among prominent crypto assets.

Notably, XRP regained $0.6366 in under two weeks after revisiting a 16-month low of $0.385, marking a growth of over 65%. This impressive growth has convinced XRP bulls that they are not missing the 2024/2025 bull season.

With widespread projections suggesting XRP’s likelihood for more than double-digit values, this article explores the number of tokens an investor must hold to attain a millionaire should XRP attain audacious prices of $150, $258, $305, and $403.

🔸 XRP Needed to Make $1M if XRP Hits $150, $258, $305 and $403

To make $1 million via XRP in the hypothetical scenario where its market value attains $150, one must have 6,667 tokens in his portfolio. With XRP trading at $0.5899 at press time, following a brief retracement, acquiring the portfolio costs $3,932.66.

Put differently, an investor stands to see their investments explode by over 253-fold should XRP attain $150.

Meanwhile, investors targeting to make $1 million from XRP at a price point of $258 require a significantly lower initial investment. Specifically, one needs to hold only 3,875 XRP, which costs $2,286 today, to generate a million at the $258 price.

Similarly, a crypto investor must purchase 3,279 XRP valued at $1,934 today to make $1 million when XRP attains $305. The $403 XRP price point demands the least initial capital commitment.

To make a million dollars at $403, one must purchase and hold only 2,481 XRP, which costs $1,463 today. Meanwhile, this investment would expand by 68,216% should the ambitious $403 price materialize.

$XRP #XRP #Ripple

Total crypto liquidations climb to $1.5 billion after $BTC dips below $95,000

Nearly 514,400 traders experienced liquidations totaling $1.51 billion, among them $1.38 billion were long positions with $136.7 million in short positions liquidated.

Bitcoin briefly dipped to $94,900 around 4:00 p.m. ET (21:00 UTC) before rising back to the $97,400 area.

Crypto liquidations broke past $1.5 billion within the past 24 hours as the price of bitcoin retreated from the $100,000 level.

Nearly 514,400 traders experienced liquidations, among them $1.38 billion were long positions with $136.7 million in short positions liquidated, according to data from the crypto data tracker Coinglass as of 4:43 p.m. ET (21:43 UTC).

Total liquidations for bitcoin and ethereum, respectively, reached $163.4 million and $204.7 million within the past day.

Monday's liquidations follow the $1.1 billion in total crypto liquidations on Dec. 5, which had been the largest amount of liquidations since December 2021, due to large holders experiencing "leverage flush."

Bitcoin surpassed $100,000 for the first time ever on Dec. 4 after a weeks-long rally following the election of Donald Trump as the 47th President of the United States and reached an all-time high of $103,679.

#BTC #Bitcoin

🦄 UniSwap ($UNI ) Price at Risk as Whale Dumps $16.7M Worth of Tokens

UNI, the native token of UniSwap, appears to be struggling and is poised for further price declines as whales and institutions shift their interest. On December 10, 2024, the whale transaction tracker Lookonchain posted on X (formerly Twitter) that a high-profile trading firm, Cumberland, had dumped a significant 989,520 UNI tokens worth $16.73 million.

The firm dumped these substantial tokens on Binance, Coinbase, OKX, and Robinhood. Additionally, the sell-off began shortly after UNI’s price dropped by 10%.

🔸 UNI Current Price Momentum

With this, UNI’s sentiment appears to be bearish. Currently, UNI is trading near $16 and has experienced a price decline of 14% in the past 24 hours.

6 hours ago, Cumberland deposited 989,520 $UNI ($16.73M) into #Binance , Coinbase, #OKX and Robinhood.Shortly after, the price of #UNI plummeted by 10%. — Lookonchain (@lookonchain) December 10, 2024

During the same period, its trading volume surged by 15%, indicating heightened participation from traders and investors amid a bearish outlook, which suggests that further price declines are expected in the future.

🔸 UNI Technical Analysis and Upcoming Levels

The recent price decline has brought UNI to the crucial $16 level, which was a breakout point. UNI was expected to retest this level, but the price decline has brought it here sooner than anticipated. Based on expert technical analysis, if UNI holds above $14.90, there is a strong possibility it could soar by 20% to reach the $19.75 level in the coming days.

Conversely, if UNI fails to hold this level and closes a daily candle below $14.90, there is a strong possibility it could drop by 24% to reach the $11.30 level in the coming days.

⚡️ Cardano Price Prediction Today: What’s Next After 17% Dip?

Cardano ($ADA ) has dipped below the $1 level and is down by more than 17 percent in the last 24 hours. The altcoin is currently facing significant resistance in the range of $1.12 to $1.24 on the weekly chart. The majority of the top 10 cryptocurrencies have slipped into the danger zones, with altcoins like ADA, XRP and DOGE recording maximum losses.

🔸 Support Levels to Watch

As anticipated, the price has been struggling in the current area, showing signs of difficulty in breaking above this range. If #ADA manages to break out and close a weekly candle above $1.23 or $1.24, the next immediate resistance level will be around $1.46, based on previous highs. Further resistance lies near the 78.6% Fibonacci level at $1.76 to $1.77.

If the price of ADA pulls back, there are several key support levels to watch near $0.90 and $0.82. A move below $0.82 could suggest a shift in the market, so traders should keep an eye on these levels for potential signs of a deeper pullback.

🔸 Bearish Divergence on the Short-Term Charts

ADA is showing signs of a bearish divergence. The price has formed higher highs, while the Relative Strength Index (RSI) has confirmed lower highs. This suggests that bullish momentum has faded, and there’s a likely chance of sideways price action or even a slight pullback in the coming days or weeks.

🔸 Long-Term Outlook: Bullish Market Continues

While #Cardano is facing short-term resistance and bearish divergence, the larger market remains in a bullish phase. ADA’s price is still maintaining a positive long-term outlook, but it’s navigating through this critical resistance zone for now. However, the overall market sentiment remains bullish. For traders, it’s essential to monitor key price action to determine whether a breakout or pullback is on the horizon.

📉 Crypto Crumbles in Broad Selloff Led 20% Declines Across Numerous Altcoins

A slow bleed in crypto since late in the weekend accelerated into the early evening U.S. hours on Monday, leaving nearly the entirety of the sector sharply lower.

With prices in quick retreat, bitcoin (#BTC ) at press time had fallen back to just above $95,000, down about 5% over the past 24 hours. Ether (#ETH ) was down 10% to $3,590.

The broader CoinDesk 20 Index was lower by more than 8% over the same time frame, led by roughly 20% dives for Cardano (ADA), Avalanche (AVAX), and XRP (XRP).

Over $750 million worth of leveraged derivatives positions were liquidated across all digital assets over the past day, CoinGlass data shows, the ovewhelming majority of which were bullish bets. That puts today's flush almost on par with the August 5 crash and just trailing last Thursday's wild swing when BTC plunged to $90,000 from above $100,000.

There are some signs of waning momentum on the crypto markets, including declining exchange volumes and heavy profit-taking by long-term holders, analytics firm 10x Research pointed out in a Monday morning note.

"This is likely to be only a brief consolidation phase before the bull market regains momentum," 10x Research founder Markus Thielen wrote in the report. "However, traders should now pay close attention to which positions are outperforming and which are underperforming, as the rally enters a phase where not everything will continue to rise.

"To navigate this market effectively, traders should steer clear of weaker segments and focus on their core, high-conviction positions," he added.

Traders on the options markets are increasingly positioning themselves for sideways price action until year-end, taking profits on their earlier bullish bets and potentially rolling positions out to early next year, digital asset hedge fund QCP noted in a Monday morning report. "Although we’re still structurally bullish, spot [price] is likely to range here for the remainder of the holiday season," the authors wrote.

#Crypto #Altcoins

📉 Why did XRP price drop after Garlinghouse’s 60 Minutes interview?

XRP price suffered a harsh reversal on Dec. 9, mirroring the performance of Bitcoin and other altcoins.

Ripple (XRP) dropped to a low of $2.40, down by 16.2% from its highest level this year, bringing its market cap to $138 billion.

Its retreat followed Brad Garlinghouse, Ripple Labs’ CEO, appearing on 60 Minutes, the popular program on CBS. In an X post after the interview, he noted that it was edited to exclude some of the details.

Specifically, Garlinghouse highlighted that 60 Minutes did not mention XRP’s status as not being a security, a position confirmed by a federal judge in 2023.

He also criticized the program for implying that XRP had no utility, likening this perspective to early criticisms of the internet. Garlinghouse maintained that Ripple Labs handles billions of dollars in KYC-compliant transactions for institutional customers.

💬 Crypto made its debut on @60Minutes tonight – there’s no doubt that these technologies will continue to become more and more mainstream – with influence and reach that will only continue to grow.A few things I do want to comment on after watching:I spoke with Margaret…— Brad Garlinghouse (@bgarlinghouse) December 9, 2024

In its most recent results, Ripple said that the network handled over 172 million transactions in the third quarter, a 99% annualized increase. The network burned 598,477 XRP tokens generated from transaction fees, a 21% increase from the same period last year.

XRP price has performed strongly over the past few months, becoming one of the best-performing cryptocurrencies. It surged 382% from its lowest level in November, positioning it as the third-biggest cryptocurrency in the market.

This rally was fueled by optimism that Donald Trump’s Securities and Exchange Commission would adopt a more crypto-friendly stance compared to Gary Gensler’s tenure.

#XRP #Ripple

🤔 Is Chainlink ($LINK ) Ready for a 40% Surge Toward Its $52 All-Time High?

Chainlink (LINK), the decentralized oracle network token, seems to show signs of moving towards reaching its all-time high record at $52. Recently, LINK price has gained over 26% in a week and nearly 85% in a month. Hence, analysts are now expecting the LINK token to attain a fresh all-time high in 2025, per the CNF report.

🔸 #Chainlink Price Technicals Indicate Bullish Momentum

Powered by technical indicators and an increase in institutional interest, LINK’s price stands at $24.93 and appears to be nearly 50% below its peak, an opportunity for a big push. Currently, despite the slight pullback today, the Chainlink price chart is showing increasing bullish momentum.

The token’s 20-day moving average (MA) is at $19.32, which may serve as a support level for lower price levels. Market observers are watching for the “golden cross,” a technical pattern in which the 100-day MA is about to cross over the 200-day MA, typically considered a strong bullish sign.

Meanwhile, LINK’s Relative Strength Index (RSI) stands at 74.24. This metric shows that the token is almost at the overbought level but has scope to move higher. Moreover, the Average Directional Index, at 52.83, depicts a strong trend in the price movement.

Furthermore, the Moving Average Convergence (MACD) Divergence histogram depicts a strengthening of positive momentum. It signifies sustained buying for Chainlink’s native token as investors look forward to an upward momentum, guaranteeing significant profits.

🔸 Market Trends Show Mixed Picture

This weekend, the LINK price managed to see a 9% price pump while the trading volume dipped by around 11%. The trend of high prices against low volume and decreased activity is often bullish and reflects steady accumulation with little speculative trading. More often than not, a pattern like this is believed to be a bullish phenomenon, highlighting the growing level of interest in LINK.

#LINK #Chainlink

📊 $RENDER Crypto Breaks Trendline: Is it Headed for $31 Target?

Render crypto on the weekly timeframe revealed bullish activity. As the RENDER/USDT pair breaking through a descending trendline that previously capped price advances since its peak in October 2023. This breakout indicated a strong reversal from bearish to bullish sentiment.

From October 2023 to April 2024, RNDR was trapped below a resistance level. Its price was trapped at approximately $6.50, which aligned with the descending trendline.

The breach occurred on volume, confirming the breakout’s legitimacy. After the break, price escalated sharply, moving past several minor resistance levels without retracement, indicating strong buying pressure.

The price stood near $10.90, having just surpassed the $10 resistance level, which was a previous high in July 2024.

The next major target according to the analysis was around $31. This target was optimistic, assuming that the current momentum continued without significant pullback.

If Render maintains the trajectory, breaking past intermediate resistances at $15 and $24 (both key psychological and technical levels) it could indeed reach the $31 mark.

However, traders should watch for any signs of volume decline or bearish divergence on the RSI. It could signal a temporary pullback or consolidation before further upward movements.

🔸 #RENDER Crypto Reduces Drawdown from its ATH

The breakout made RENDER’s substantial recovery reducing its current percentage drawdown from the all-time high (ATH), to just -21.10%.

The price of RENDER crypto saw dips with drawdowns plunging as low as -90%. This depicted severe market downturns for the crypto.

The price trajectory on the chart showed a consistent upward movement. The price line moving closer to the zero drawdown mark, highlighting a reduced gap from its ATH.

This improvement suggested a resurgence in investor confidence and market valuation of RENDER.

💬 RENDER Percentage Drawdown From ATH — Into The Cryptoverse (@ITC_Crypto) December 8, 2024

💧 Sui Blockchain Soars to $12B: Memecoins & Scalability Challenge Solana

The Sui blockchain (SUI) has become one of the standout performers of the past year, driven largely by the growing popularity of memecoins within its ecosystem. The platform’s market capitalization has soared to $12 billion over a relatively short period, propelling it into the top 20 cryptocurrencies by valuation.

The growth of the SUI ecosystem is mirrored in the performance of its native token, which experienced a remarkable 1,178% surge, reaching an all-time high of $4.49 over the past 14 months, making it one of the most profitable cryptocurrencies in the current dispensation.. According to CoinGecko, memecoins within the Sui network now account for $492 million of the blockchain’s total valuation.

The platform hosts 49 memecoins, with Sudeng (HIPPO) leading the pack by market capitalization. Other notable tokens include MemeFi (MEMEFI), LOFI, BLUB, and AXOL. These assets have played a significant role in driving trading volume and overall value within the network.

🔸 Lower-Ranked Memecoins Outshine Market Leaders

In the meantime, recent data showed that some lower-ranked memecoins performed better, especially in the past seven days. For instance, Suijak (SUIJAK) ranked thirteenth on the Sui network memecoins categorization but gained 1,874% in the past week, against the HIPPO’s 15% drop in value. SUICAT, a memecoin that falls further down in the market cap rating category gained 589%, while DAK made a 459% profit during the same period.

Sui’s ability to handle up to 120,000 transactions per second (TPS) through parallel execution has drawn significant attention from developers. This scalability positions the platform as a strong competitor to Solana and, by extension, Ethereum, in the race to dominate blockchain technology.

Sui’s $12 billion market cap milestone shows how memecoins can favorably impact a blockchain infrastructure; and in a way showcase it as its utility.

#SUI #Solana

📈 $LINK price reaches highest level in years as whale moves $9.6m worth to Aave

Chainlink price continued its strong uptrend as it rose for three consecutive weeks, reaching its highest level since January 2022.

Chainlink (#LINK ), the biggest oracle network in the blockchain industry, rose to a high of $26.40, pushing its market cap to over $16 billion.

The rally coincided with the ongoing accumulation by whales.

In an X post, Lookonchain identified one whale who moved LINK coins worth over $9.6 million from Binance and moved them to AAVE (AAVE). The investor then borrowed 4 million and deposited to Binance, possibly to buy more LINK.

According to Etherscan, another whale moved Chainlink coins worth $7.16 million from Coinbase to a self-custody wallet. Another whale moved LINK tokens worth over $2 million to OKX.

Whale accumulation is often seen as a good catalyst for cryptocurrency because of the volume of their transactions. Altogether, Nansen data shows that the number of Chainlink coins on exchanges stood at over 253.4 million, a few points lower than last week.

Meanwhile, according to Santiment, the ongoing LINK surge happened with very little fear of missing out. As such, the crypto analytics firm expects that the coin will continue rising.

💬 #Chainlink has enjoyed a late-week rally, and now needs to climb just +10.8% to match its 3-year high from January, 2022. It is encouraging that there is very little retail FOMO toward LINK. Markets move the opposite direction of the crowd's expectations, so the crowd's — Santiment

🔸 Chainlink price flips key resistance level

The weekly chart shows that the LINK price made a strong recovery in the past few weeks. It has now flipped the key resistance level at $22.85 into support as this rally accelerated. That was an important price because it was the highest swing on March 11.

Chainlink price has moved to the 50% Fibonacci Retracement level and also flipped the ultimate resistance of the Murrey Math Lines tool. It remains above the 50-week and 100-week moving averages.

🐋 Whales Spark Optimism In Memecoin Market to Draw Retail Investors

Larger wallet holders trigger memecoin breakouts to create FOMO, boosting retail investor activity and market caps.

DOGE and PEPE saw gains of 241% and 243% since November 5, while WIF and BONK experienced retracements after initial surges.

Santiment predicts profit-taking by large wallets could cause a market retracement despite ongoing memecoin momentum.

Santiment, a market analysis platform, has identified a growing trend in the memecoin market involving larger wallet holders. According to the platform, these significant players are initiating price breakouts across various memecoins. This tactic appears to attract retail investors by creating a Fear of Missing Out (FOMO) atmosphere, boosting market activity.

💬 Meme coins are quietly having more mini breakouts this weekend. For coins like Dogecoin, Pepe, Dogwifhat, and Bonk, the larger wallets could continue to pump market caps longer until retail FOMO returns. Once the crowd catches wind and get greedy, the larger wallets sell… — Santiment (@santimentfeed) December 8, 2024

🔸 Large Wallet Holders Impacting Memecoin Momentum

Notably, the memecoin sector, known for its high volatility, has recently experienced notable gains. Large wallet holders have played a pivotal role in this by targeting market caps of popular tokens, including Dogecoin (DOGE), Pepe (PEPE), Dogwifhat (WIF), and Bonk (BONK). By driving mini breakouts, these investors appear to set the stage for a bullish sentiment that draws in retail investors.

DOGE, the largest memecoin by market capitalization, has shown impressive performance since the November 5 crypto market breakout. Its price climbed over $0.48 for the first time since 2021, recording a 241% rally. Similarly, PEPE surged by 243%, hitting a new all-time high, while WIF and BONK followed with gains of 158% and 243%, respectively.

#Whales #Optimism

🔥 Shiba Inu Price Surges Amid Shibarium’s Significant Milestone

Shibarium network surpasses 2 million wallet addresses, processing 620+ million transactions with a 5-second average block time.Shibarium generates over 8.2 million blocks and handles 4 million transactions daily, showcasing scalability and efficiency.SHIB token price rose 20.47% in a month, driven by 3 billion SHIB burned and Shibarium’s ecosystem growth.

The Ethereum-based Layer-2 scaling solution, Shibarium, has reached a significant milestone by surpassing 2 million wallet addresses on its network. According to data from Shibariumscan, the total number of registered addresses now stands at 2,003,042. This milestone, achieved within 16 months of its launch, highlights the rapid growth and adoption of the Shibarium ecosystem.

🔸 Network Performance Metrics Highlight Strong Growth

Notably, the Shibarium network has maintained impressive performance metrics throughout its development. It has processed over 620 million transactions, with an average block time of five seconds.

More so, the network processes approximately 4 million transactions daily, showcasing its efficiency and scalability. Recently, Shibarium crossed the 500 million transaction mark in November and has since continued to build on this momentum.

In addition to its transaction volume, Shibarium has produced more than 8.2 million blocks, emphasizing its capability to handle high demand. These achievements position Shibarium as a pivotal component of the Shiba Inu ecosystem, enabling faster and more cost-effective transactions for its users.

🔸 Strategic Partnerships Propel Ecosystem Expansion

Moreover, the growth of Shibarium is also attributed to the contributions of its ecosystem partners. Developer Kaal Dhairya acknowledged the role of Zama, a key partner, in advancing Shibarium’s capabilities. Zama’s introduction of the fhEVM Coprocessor has further enhanced the ecosystem’s efficiency and performance.

#SHIB #Shibainu

📣 $XRP Lawsuit News: Former SEC Lawyer Reveals if Atkins Will Drop The Ripple Case

President-elect Donald Trump has selected Paul Atkins, former commissioner of the US Securities and Exchange Commission (SEC), to lead the agency. Atkins, who served under President George W. Bush, will replace outgoing SEC Chair Gary Gensler.

After this big announcement, the financial community has been buzzing about the SEC’s alleged settlement offer to Ripple Labs and legal experts are split on whether the SEC will appeal the ruling or ask for more time

A user asked former SEC employee Marc Fagel about the likelihood of the SEC dropping the Ripple lawsuit, especially since it’s at the second court of appeals. Fagel responded, saying that while the SEC could technically dismiss the appeal, it’s difficult to predict.

“The SEC could presumably dismiss the appeal. It’s hard to predict; Atkins is no fan of crypto enforcement actions, but he also respects the SEC and its mission and might be reluctant to take such a largely unprecedented, purely political step,” he wrote.

He explained that new SEC Chairman Paul Atkins is not a fan of crypto enforcement actions but also respects the SEC’s role. As a result, he may be hesitant to make such a politically charged decision.

🔸 What’s Next?

The outcome of Donald Trump’s election could have an impact on crypto regulation. Experts believe that under Trump’s leadership, the SEC may adopt a different approach to overseeing cryptocurrency.

This could lead to more crypto-friendly policies and less aggressive enforcement. Furthermore, Trump has appointed David Sacks, a venture capitalist and co-host of the All-In Podcast, as the “White House AI & Crypto Czar.” Sacks, who is also the former COO of PayPal, is known for supporting Ripple in its ongoing lawsuit with the US SEC. On December 5, Trump announced that Sacks would lead the Administration’s policies on Artificial Intelligence and Cryptocurrency, two key areas for America’s future competitiveness.

#XRP #Ripple

🔥 $XRP Seeks $3.55 High Amid SEC Turmoil, Spot ETF Hopes

It’s been a great couple of weeks for the crypto industry. President-elect Trump has reaffirmed his pro-crypto stance by appointing Scott Bissente as Treasury Secretary, David Sachs as crypto czar, and nominating Paul Atkins as SEC Chairman. All three are pro-crypto and could pave the way for crypto regulation that encourages innovation and protects investors.

#XRP #Ripple

🔵 Filecoin ($FIL ) Price Prediction: On Track for $25 Soon?

Filecoin (FIL) has been stealing the spotlight with jaw-dropping gains. Starting the month at $3.34, the token climbed to $8.10, delivering a 142.51% return in just 30 days. This surge has sparked buzz around Filecoin (FIL) price prediction, with analysts targeting $25 in the near future. Enthusiasts are watching closely as this decentralized storage network gains momentum. Could this be the next big breakout in the crypto market?

🔸 Key Drivers Behind Filecoin’s Rise

The rise of #Filecoin highlights the growing demand for decentralized storage solutions. Investors are flocking to this blockchain-powered network, drawn by its transformative potential in data management. The token’s market confidence shines through with the OI-weighted funding rate hitting new highs.

Filecoin also benefits from a diverse and expanding ecosystem. From supporting decentralized apps to revolutionizing secure file storage, this blockchain pioneer is building a solid foundation. Traders see the current market consolidation as a temporary pause before another upward push. Many view this as an entry point for long-term growth.

🔸 Can Filecoin Reach $25?

💬 $FIL Will Reach $25 in Next Few Months Just a Matter of Time#FIL — ZAYK Charts (@ZAYKCharts) December 6, 2024

Analysts believe that FIL is capable of climbing to $25 in the near future. Technical indicators suggest a strong foundation for continued growth. A breakout from current consolidation zones could act as the next catalyst.

The growing trust in decentralized networks, like Filecoin, strengthens the case for this price target. Supporters believe the token represents more than just financial potential—it symbolizes a shift toward innovation and resilience in the digital economy.

Reaching $25 will require overcoming market volatility and potential regulatory hurdles. Despite these challenges, Filecoin continues to attract attention with its clear use cases and real-world value.

📊 Dogecoin ($DOGE ) Breaks Key Pattern on 4H Chart: $0.55 Resistance in Sight

Dogecoin (#DOGE ) is showing clear signs of bullish momentum after breaking out of a symmetrical triangle on the 4-hour chart. This breakout could lead to a price surge toward the $0.55 resistance zone. Traders are watching closely as the token gains strength. With growing market interest, Dogecoin might be preparing for a major breakout that could excite investors everywhere.

🔸 Strong Indicators Support a Bullish Case

Dogecoin has spent weeks consolidating between $0.40 and $0.45, building pressure for a breakout. This pattern on the weekly chart often signals significant price moves. Analysts believe the token is ready to push higher after this extended consolidation. Recent performance highlights growing demand for the memecoin. Dogecoin has climbed 9.5% on the weekly chart and surged by 177.6% in the past month.

These gains show strong momentum, setting the stage for a potential rally. To reach $0.55, Dogecoin needs to clear several resistance levels. The first hurdles are $0.454243 and $0.47407, followed by the $0.5 mark. If these levels are broken, the price could target $0.6. The 14-day RSI above the midline adds to the bullish outlook, signaling increased buyer strength.

🔸 Will #Dogecoin Hit the $0.55 Target?

The current momentum gives traders hope for further gains. Breaking resistance levels will require consistent buying pressure and support from the community. Market sentiment remains a key factor, especially for a token driven by enthusiasm and engagement.

The symmetrical triangle breakout shows rising interest from investors anticipating higher prices. Analysts agree that the setup looks promising for continued upward movement. A move to $0.55 or higher would confirm this bullish trend and draw even more attention.

Dogecoin has captured the imagination of traders yet again. With strong indicators in place, the token seems ready to reach new heights.

⭐️ Justin Sun talks about buying #Bitcoin under $1 and creating smart contract

Justin Sun, the founder of Tron, looks back on his early days in cryptocurrency, sharing how he bought Bitcoin for less than $1 and helped create smart contracts, also shaping the future of blockchain technology.

In a conversation about Justin Sun’s journey through the cryptocurrency world, the founder of Tron reflected on his early days in the industry. He reveals how he bought Bitcoin when it was worth less than $1 and helped pioneer the concept of smart contracts.

🔸 Justin Sun’s early crypto investments

Sun’s journey into crypto began in 2012 when Bitcoin was still in its infancy and could be purchased for less than $1. He recalls that at the time, even platforms like Taobao, a major e-commerce site in China, were selling Bitcoin. This was a far cry from today’s massive crypto exchanges and skyrocketing Bitcoin prices.

💬 JUSTIN SUN: "I BOUGHT BITCOIN AT $1 AND WORKED ON THE IDEA OF SMART CONTRACTS"“I got into crypto in 2012, Bitcoin was less than $1.You could even buy Bitcoin from Taobao, an eBay e-commerce platform in China.Ripple Labs at the time, started a new company, a new token name… — Mario Nawfal (@MarioNawfal) December 7, 2024

Sun also joined Ripple Labs, where the team was focused on creating a new token called XRP. During this time, Sun began to see the massive potential of blockchain technology. By 2014, Sun and his team began focusing on a new vision building a blockchain to support smart contracts.

At that time, smart contracts were a completely new idea in the crypto space. No existing cryptocurrencies had implemented them, but Sun and his team believed in this feature and thought that it could greatly improve blockchain technology’s flexibility and use cases.

#justinsun @Justin Sun孙宇晨 #BTC

🔴 Don't miss the chance to join the #BURNGMT Movement: everything is described in detail !

GMT DAO entity that manages the GMT ecosystem fund. Through on-chain voting, the GMT DAO executes decisions based on the results of GMT holders’ votes. The GMT DAO is not affiliated with FSL or any of its associated brands, including STEPN, MOOAR, DOOAR, and Gas Hero.

The GMT DAO, as authorised by the community, will allocate 100 million GMT from the ecosystem fund to airdrop to NFT holders in proportion to the amount of GMT you lock.

🔸 GMT's Ecosystem Products and Partnered Brands

With major partnerships including Casio, ASICS, and Adidas, is leading the charge in integrating crypto into various industries.

📌 STEPN: A revolutionary move-to-earn app with over 6 million users.

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📌 MOOAR: A cutting-edge NFT trading platform.

📌 DOOAR: A cross-chain decentralized exchange (DEX) for seamless crypto transactions.

🔸 How does the voting burn mechanism work?

The vote will run from 21 November 2024 to 20 January 2025, lasting 60 days, to vote on Polygon and help decide the fate of these 600 million GMT. According to the DAO Rules, if a sufficient amount of GMT is voted in favour of a burn, the GMT DAO will proceed to burn the specified amount following the community’s instructions.

🔸 GMT tokenomics and burn impact:

Reduced Supply: The circulating supply will drop significantly, increasing scarcity.

Strengthened Tokenomics: Aligning with $GMT ’s deflationary model, this burn supports its growth and sustainability.

Boosted Value: Greater scarcity drives higher demand and long-term value.

🔸 How to Participate:

1️⃣ Go to website and Connect your wallet (you can use fsl id or Little Fox), prepare GMT on Polygon, and click VOTE

2️⃣ Lock Your Tokens: Secure your GMT tokens during the voting period.

3️⃣ Cast Your Vote: Participate via the GMT DAO platform.

🔥 Don't miss the chance to join the #BURNGMT Movement and Good Luck ! @GMT DAO