The post XRP Price Analysis: Top Crypto Expert Forecast XRP Price To Skyrocket To $.4 to $4 by July appeared first on Coinpedia Fintech News

Ripple (XRP), the sixth-largest cryptocurrency by market capitalization, is trying hard to reach the $1 mark again amidst a backdrop of legal hurdles in the unpredictable crypto market. Despite these obstacles, crypto expert EGRAG CRYPTO suggests a possible surge for XRP, outlining price targets of $1.4 and $4 by July 2024.

XRP Aim For $1.4 & $4

The latest analysis by EGRAG CRYPTO sheds light on the intriguing parallels between XRP’s current price action and its performance in 2021. The chart shared by the crypto trader outlines two distinctive sections: the blue and yellow zones, each indicating potential price targets and trajectories.

#XRP Imitating 2021 – Move: Blue Section: The current trajectory suggests a possible reach of $1.4 by June-July, a key target. The price range between ($1.2 – $1.8) is a plausible target. Yellow Section: Aiming for $4 is feasible if we follow a similar path to 2021.… pic.twitter.com/BMUJSbb5GQ

— EGRAG CRYPTO (@egragcrypto) April 25, 2024

The “Blue Section” suggests a plausible target of $1.4 by June-July, with the broader price range spanning from $1.2 to $1.8. This optimistic outlook has resonated positively with investors, sparking hopes for a bullish trend in the Ripple-backed token.

Moving deeper into the analysis, the “Yellow Section” reveals an even more intriguing possibility for XRP’s price trajectory. Highlighting the historical patterns observed in 2021, there’s speculation that XRP could aim for $4 in the foreseeable future. 

The alignment of the blue trend line with a fractal in this zone adds weight to this scenario, bolstering confidence among traders.

Bollinger Bands Signal Bullish Move

In the meantime, another crypto analyst has identified a noteworthy trend on XRP’s monthly Bollinger Bands, suggesting an impending surge in volatility. This pattern resembles setups observed before significant price movements in previous years.

Volatility is coming for $XRP .On the monthly timeframe, the Bollinger Bands are the tightest they've ever been.If we look back, we can see the last time they were this tight was 2017.We saw some insane volatility after this.Then again in 2020.Now, Bollinger Bands don't… pic.twitter.com/fVC0xRpeih

— Cryptoinsightuk (@Cryptoinsightuk) April 24, 2024

The Bollinger Bands, a tool used in technical analysis, are now tighter on XRP charts than ever. This tightening usually means a big price move is coming. Similar tightness happened in 2017 and 2020 before significant XRP price changes.

XRP Price Analysis

As of now, XRP is facing a downward trend, with its price dropping by 4.92% over the last 24 hours, settling at $0.51, and holding a market cap of $28 billion. This decrease aligns with the broader market trend, prompting concerns about XRP’s immediate performance. 

The post Bitcoin Death Cross On Horizon: Signals Massive Sell Event Dragging BTC Price $59K?  appeared first on Coinpedia Fintech News

In the past 24 hours, the crypto market has experienced a downturn, losing over $110 billion in market value as the global crypto market cap dropped by over 4% to $2.36 trillion from $2.47 trillion. Bitcoin’s price also dipped below $64,000, hitting a low of $63,589, attributed to low trading volumes and increased uncertainty.

While some traders remain bullish on the overall market trajectory, others are worried that factors like the lack of trading volumes and rising uncertainty are prompting caution in the short term, especially after the recent Bitcoin halving. 

Bitcoin post-halving is facing massive fluctuations. After reaching a new all-time high of $73,000 in March, Bitcoin faced many corrections, including a drop below $60,000 during war and geopolitical tensions. Despite some relief and periods of volatile trading, Bitcoin is once again in the red, prompting fears of a further pullback. 

Analyst Death Cross Warnings

Two sell signals were presented on the #Bitcoin 12-hour chart: A death cross between the 50 and 100 SMA and a red 9 candlestick from the TD Sequential.If $BTC falls below $63,300, brace for possible dives to $61,000 or even $59,000. pic.twitter.com/24A3YtbgTb

— Ali (@ali_charts) April 25, 2024

Analyst Ali Martinez highlighted two significant sell signals for Bitcoin: a death cross between the 50 and 100 SMA and a red 9 candlestick from the TD Sequential. 

Technical indicators are signaling potential trouble for Bitcoin. The TD Sequential tool, which predicts trend changes based on past performance, recently flashed a sell signal on the 12-hour chart.

Additionally, a death cross pattern, where the short-term moving average falls below the long-term moving average, has appeared on the same chart.

Martinez’s analysis suggests that if Bitcoin falls below $63,300, it could drop to $61,000 or even $59,000, raising concerns about breaching the $60,000 mark. 

Plus, Kaiko, an on-chain analytical firm, attributed Bitcoin’s 6% drop in April to geopolitical turmoil, noting that while traditional safe-haven assets like gold and the US Dollar rallied, Bitcoin failed to capitalize on market turbulence, prompting concerns about its resilience amid global uncertainty.

Market Mood: Bullish or Bearish?

Despite its strong performance earlier in the year, Bitcoin has faced challenges recently. While it remains up 52.22% year-to-date, it has experienced a decline of 10.17% in the last 30 days. However, it managed a 3.57% climb on the weekly chart. 

At the time of writing, Bitcoin is trading at $63,827, reflecting a 3.77% drop in the last 24 hours. Investors are closely monitoring the situation amid concerns of a potential cryptocurrency price downturn.

The post Redefining Memecoins: Introducing $SCREAM on Solana appeared first on Coinpedia Fintech News

In the dynamic world of cryptocurrencies, Memecoins have often been dismissed as “Shitcoins,” a term that undermines their credibility and potential.

However, a new player is entering the scene to reshape this narrative and redefine Memecoins as legitimate and valuable assets. Meet $SCREAM, a revolutionary project launching on the Solana blockchain, poised to revolutionize the Memecoin space.

The Need for Change

The prevailing characterization of Memecoins as “Shitcoins” has been a source of concern within the community. This derogatory label not only diminishes their credibility but also limits their potential for growth and contribution to the cryptocurrency ecosystem. $SCREAM recognizes that Memecoins must hold real value, similar to Altcoins, to be taken seriously.

Redefining the Narrative

$SCREAM seeks to redefine the narrative surrounding Memecoins by providing a platform for analyzing Memecoins based on their behaviour on social networks, the credibility of influencers promoting them, and the overall quality of the project and its tokenomics. By assigning a trust score, $SCREAM aims to guide investors towards legitimate Memecoin projects while steering them away from scams and unreliable investments.

$SCREAM on Solana: A Game-Changer

The decision to launch $SCREAM on the Solana blockchain is strategic. Solana is known for its high throughput and low transaction fees, making it an ideal platform for a project aiming to revolutionize the Memecoin space. By leveraging Solana’s robust infrastructure, $SCREAM can provide users with a seamless and efficient experience, ensuring that Memecoin analysis and transactions are conducted swiftly and securely.

What the Project Will Do

$SCREAM will make a platform for analyzing “shit meme tokens.” This analysis will include evaluating their behaviour on social networks, the audience that supports them, and the credibility of influencers promoting them. By providing thorough analysis, $SCREAM will help investors identify red flags such as lack of team information and poor tokenomics, thus making Memecoin investments safer and more informed.

Analyzing Memecoins: A New Approach

$SCREAM’s platform for analyzing Memecoins represents a significant departure from traditional Memecoin analysis methods. By evaluating Memecoins based on their behaviour on social networks, the credibility of influencers promoting them, and the overall quality of the project and its tokenomics, $SCREAM aims to provide investors with a trust score for each Memecoin, guiding them towards legitimate projects while helping them avoid scams and unreliable investments.

Voting for Stakers

$SCREAM introduces a groundbreaking utility for stalkers: voting rights. Stakers can stake $SCREAM tokens to vote for the elimination of certain Memecoins. The Memecoin with the highest stake will be the first target, and analysts will publish a TrustScore for it. This innovative approach adds utility to $SCREAM and encourages community engagement and transparency.

The Presale on 25th April: An Opportunity for Early Investors

$SCREAM has announced a presale of its tokens, offering investors an opportunity to get involved early in the project. The presale will involve the sale of 20% of the total token supply, providing investors with a chance to acquire $SCREAM tokens at a discounted rate. The presale is set to begin at the end of this month and is expected to attract a wide range of investors looking to support the project and benefit from its potential growth.

Ghostface In Dubai

At the TOKEN2049 event in Dubai, the crypto highlight shone on Ghostface, representing $SCREAM by Solana. This memecoin made waves as one of the event’s audio system, standing out a number of the various lineups.

Attendees were captivated by using $SCREAM’s unique presence, adding a thrilling measurement to the event and sparking interest in Solana’s progressive contributions to the crypto world.

Solana and Memecoins

The choice of Solana as the blockchain for $SCREAM is strategic. Solana is known for its high throughput and low fees, making it an ideal platform for a project that aims to revolutionize Memecoins. Solana’s scalability and efficiency will ensure that $SCREAM can handle a large number of transactions and data analysis, providing users with a seamless experience.

Furthermore, Solana’s ecosystem is home to a vibrant community of developers and projects, making it an ideal environment for $SCREAM to thrive. By launching on Solana, $SCREAM is positioning itself at the forefront of the Memecoin revolution, leveraging Solana’s technological advancements to redefine Memecoins as valuable and legitimate assets.

How to Get Involved

To participate in the $SCREAM ecosystem, follow these steps:

1. Set up a Solana wallet: Ensure you have a Solana-compatible wallet like Sollet or Phantom.

2. Access a decentralized exchange (DEX): Visit a reputable Solana-based DEX like Serum or Raydium.

3. Connect your wallet: Connect your Solana wallet to the DEX platform.

4. Swap for $SCREAM: Use your SOL or other supported tokens to swap for $SCREAM.

5. Secure your tokens: Once purchased, transfer your $SCREAM tokens to your secure Solana wallet.

Tokenomics

$SCREAM has a total token supply of 100 million tokens. 5% of the token supply has already been airdropped, and the presale will begin soon, with 20% of the tokens being sold. The roadmap includes an NFT sale in June 2024, showcasing the project’s commitment to innovation and growth.

Join the Revolution

$SCREAM on Solana represents a new era for Memecoins, challenging existing stereotypes and paving the way for a more credible and respected Memecoin ecosystem. By uniting stakeholders and enthusiasts, $SCREAM aims to make Memecoins a respected and influential force in the cryptocurrency ecosystem. Join $SCREAM on this exciting journey and be part of the revolution in Memecoins.

The Future of Memecoins on Solana

As $SCREAM prepares to launch on Solana, the future of Memecoins looks brighter than ever. With Solana’s scalable infrastructure, low fees, and supportive ecosystem, $SCREAM is well-positioned to redefine Memecoins as valuable and legitimate assets. By leveraging Solana’s technological advancements, $SCREAM aims to revolutionize the Memecoin space and bring about a new era of credibility and respectability.

Conclusion

$SCREAM on Solana aims to redefine Memecoins by providing a platform for analyzing Memecoins based on their behaviour on social networks, the credibility of influencers promoting them, and the overall quality of the project and its tokenomics. By assigning a trust score, $SCREAM aims to guide investors towards legitimate Memecoin projects while steering them away from scams and unreliable investments. With its innovative approach and strategic launch on Solana, $SCREAM is poised to revolutionize the Memecoin space and bring about a new era of credibility and respectability. Join $SCREAM on this exciting journey and be part of the revolution in Memecoins.

Follow $SCREAM on:

Telegram: https://t.me/screamsolanaa 

Twitter: https://twitter.com/screamsolana 

YouTube: youtube.com/@ScreamSolana 

For More information, visit the $SCREAM website at https://screamsolana.xyz.

The post US SEC to Reject Ethereum ETFs in May: Experts Insight on SEC Approval and Denial Game appeared first on Coinpedia Fintech News

In a historic move, while on one side, Hong Kong has approved spot Bitcoin and Ether ETFs in the US it may be rejected due to regulatory issues. Recent discussions between U.S. issuers and the SEC regarding the potential launch of exchange-traded funds (ETFs) linked to the price of ether have left issuers anticipating rejection, according to four sources familiar with the matter. 

Reuters reports, that seven other issuers, including VanEck and ARK Investment Management, want to sell ETFs that track the spot price of ether, which is the second-largest cryptocurrency in the world after bitcoin. However, the meetings with the SEC have mostly been one-sided and haven’t gone into detail about the planned products. This is very different from the careful considerations that went into the SEC’s historic approval of spot bitcoin ETFs in January.

A Possible Delay or Rejection?

Even though issuers made arguments based on previously approved bitcoin ETFs and ether futures-based ETFs, the securities regulators have not stated any specific doubts or engaged in conversations, which has led some to expect a possible denial. Issuers are worried about this change in the SEC’s approach, a sign of an unfavorable time for Ether ETFs. The crypto industry was hopeful that more people would accept it after spot bitcoin ETFs were approved, so this loss would be disappointing.

Many analysts have predicted that there might be possible delays in ether ETFs. Some issuers have said they plan to file more paperwork with the SEC to keep the conversation going, but the market performance of Ether has already been affected by the belief that it will be turned down. Even though its value has gone up 39% this year, ether is still below bitcoin, which has gone up over 51% and hit new all-time highs last month. This difference shows how uncertain things are still about Ether’s regulatory standing and its chances of becoming widely used.

According to VettaFi ETF data analyst Todd Rosenbluth, the approval for a spot Ether ETF is likely to face delays, possibly until later in 2024 or beyond, due to the uncertain regulatory landscape. Bloomberg ETF analyst Eric Balchunas previously estimated a 35% chance of SEC approval for such an ETF in May, highlighting indications that the SEC might be intentionally avoiding communication with potential fund issuers.

In contrast to Bitcoin ETFs, the SEC has done a few meetings for Ether products. They mainly focus on data observation, suggesting approval may be postponed pending further market developments. If the SEC ultimately rejects ether ETFs, some applicants anticipate potential legal challenges before such products are eventually approved. However, the regulatory landscape remains uncertain, leaving issuers and investors awaiting further clarity from the SEC.

The post Shiba Inu Reveals Ambitious Plans for Shibarium Ecosystem: What’s Coming Next? appeared first on Coinpedia Fintech News

Shiba Inu, the popular cryptocurrency known for its vibrant community and ambitious projects, has recently unveiled its roadmap for the Shibarium ecosystem. In a series of announcements, Shiba Inu’s team outlined several upcoming developments set to launch in the 2024/2025 cycle. 

These developments promise to bring significant improvement to the Shiba Inu ecosystem, spanning decentralized finance (DeFi), gaming, community engagement, and technical infrastructure.

What's coming in 2024/2025 for #Shibarium?– #Shibaswap (version 1.75 followed by 2.0)– #Shibahub– @treatsforShib– #ShibaEternity P2E– @mvshib– @K9finance Liquid Staking– Layer 3 TestnetAdditionally, fully functional DAOs will be available for all tokens within the Shiba… pic.twitter.com/iICIaoi11Z

— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) April 24, 2024

Upcoming ShibaSwap Upgrades

At the forefront of the roadmap are the upgraded versions of ShibaSwap, the official decentralized exchange (DEX) of the Shiba Inu ecosystem. Shytoshi Kusama, the lead developer at Shiba Inu, revealed that ShibaSwap 1.75 is scheduled to launch before the eagerly awaited ShibaSwap 2.0. 

Meanwhile, these forthcoming upgrades are poised to bring a range of new and enhanced features to the decentralized exchange (DEX), promising an improved user experience for ShibaSwap users.

Release of the Shiba Hub App

Adding to the excitement is the upcoming release of the Shiba Hub app, described as a groundbreaking innovation by developers. This app will serve as a multifunctional platform, integrating Shibarium to provide users with valuable resources, insights, and interactive community forums.

$TREAT holds importance for $SHIBWhy? : 1.Shiba Ecosystem Reward Token: $TREAT serves as the ecosystem reward token. Once launched, whenever you stake or dig in pools with your $SHIB , you’ll earn free $TREAT tokens. 2.Utility and Governance: The utility of $TREAT is… pic.twitter.com/VLdX7jU9r9

— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) April 23, 2024

Further, Shiba Inu is set to introduce TREAT, a new token with pivotal roles within the ecosystem. Meanwhile, designed as a reward token for staking SHIB in liquidity pools, TREAT will also serve as a governance and gas fee token for Shibarium’s forthcoming Layer-3 blockchain solution.

Shiba Eternity Play-to-Earn (P2E) Game

Gaming enthusiasts can anticipate the launch of the play-to-earn (P2E) version of Shiba Eternity, the project’s collectible card game (CCG). Perhaps the Beta testing for the P2E version is scheduled to commence in Q2 2024, offering players exciting opportunities to earn rewards while immersing themselves in the game.

In addition to the upcoming developments, Shiba Inu has several other projects in the pipeline for Shibarium. These include SHIB: The Metaverse, K9 Finance’s liquid staking derivative platform, and the upcoming Layer-3 (L3) blockchain. These projects aim to further enrich the functionality and utility of the Shiba Inu ecosystem.

With a diverse array of innovative projects and upgrades on the horizon, Shiba Inu is poised for continued growth and success in the cryptocurrency landscape.

The post Twitter Influencer Ansem Who Bought Solana at $1.50; Is Milei Moneda His Next Move for Possible 100x? appeared first on Coinpedia Fintech News

TLDR 

Trader Ansem’s success with Solana highlights his strategic approach, with SOL rising from $90 to $150, possibly reaching $300 by July.

Introducing Milei Moneda ($MEDA): It is emerging as one of the best DeFi altcoins, with potential for profit, innovation, and top rankings.

Trader Ansem’s success with Solana and interest in Milei Moneda exemplifies the dynamic nature of cryptocurrency trading.

Economize Like Milei: Invest in $MEDA!

Trader Ansem’s Success With Solana Highlights Crypto Market Dynamics

Trader Ansem’s journey in the volatile world of cryptocurrency trading has not only underscored the complexities of market dynamics but also highlighted the potential for success amidst adversity. With a strategic focus on Solana (SOL), one of the top 5 cryptocurrencies, Ansem’s astute maneuvers have positioned him as a beacon of insight in the ever-evolving landscape of digital assets.

Ansem’s rise to prominence stems from a meticulous approach to trading, characterized by a balanced portfolio strategy that prioritizes long-term holds while capitalizing on short-term speculative trades. This strategic blend, with 70% allocated to long-term investments and 30% to more agile trading opportunities, exemplifies the essence of risk management and foresight in navigating crypto markets.

His proficiency in leveraging social media platforms, particularly Crypto Twitter, as a source of real-time market intelligence underscores the importance of staying abreast of industry trends and sentiment shifts. By observing and learning from top traders, Ansem harnesses the power of collective wisdom to inform his investment decisions, a testament to his commitment to continuous learning and adaptation.

Ansem’s success story intersects with the ongoing discourse surrounding Solana’s (SOL) blockchain infrastructure, notably its recent struggles with spam transactions. While industry figures like Arthur Hayes have criticised Solana’s Transaction Per Second (TPS) metric, Ansem’s nuanced perspective sheds light on the broader technical considerations at play.

Despite acknowledging the prevalence of spam transactions on the Solana network, Ansem maintains a measured optimism regarding its underlying technology. By highlighting the resilience of validators who continue to allocate resources to process transactions, Ansem offers a counter-narrative to prevailing skepticism, emphasizing the importance of contextualizing technical metrics within the broader ecosystem dynamics.

Ansem’s affinity for Solana as the best crypto investment choice reflects his confidence in the project’s fundamentals despite short-term challenges. By conducting thorough research and identifying the reasons for holding SOL tokens, Ansem exemplifies a disciplined approach to investment decision-making that transcends market volatility and short-term fluctuations.

In the midst of this, SOL has moved from the $90 region to the $150 region from January 2024 to April 2024. Experts predict a continuous pump to $300 by July 2024.

Introducing Milei Moneda: An Innovative Force in DeFi

Prepare for a shift in the decentralized finance (DeFi) world as Milei Moneda emerges as one of the top altcoins. Scheduled for its debut on Uniswap in May 21 2024, $MEDA isn’t merely a cryptocurrency; it embodies a crusade for economic reform and financial empowerment.

Drawing inspiration from the renowned economist Javier Milei, $MEDA is poised to disrupt the crypto space by infusing humor, politics, and cutting-edge blockchain technology. With deflationary mechanisms, exclusive NFT integration, and governance features embedded within $MEDA tokens, investors are presented with an unparalleled opportunity for innovation and profit, positioning themselves as a potential top ten cryptocurrency.

Despite Milei Moneda’s current modest trading price of $0.0125, a pump to $0.020 upon launch is guaranteed, solidifying its status as not only a lucrative investment but also a contender for the top echelons of crypto rankings. Positioned as one of the top altcoins to monitor in 2024, Milei Moneda represents a paradigm shift in DeFi, offering investors a gateway to diversification and profit maximization.

Beyond its utility as a digital currency, $MEDA heralds a new era of accessibility and transparency within the crypto sphere, redefining the boundaries of what’s possible. With ambitions to secure a place among the top 10 altcoins, Milei Moneda is poised to leave an indelible mark as a transformative force in decentralized finance.

Conclusion 

Trader Ansem’s journey underscores resilience and innovation in the crypto world, with Solana’s (SOL) ascent and $MEDA’s emergence shaping the landscape of decentralized finance. 

Got $MEDA curiosity? Visit or chat on Telegram for the inside scoop. Fast, fun, and informative!l

The post Whale Hoarding Bitcoin and Tether Makes Big Investment in Algotech appeared first on Coinpedia Fintech News

In a striking financial move, a high-profile cryptocurrency investor famous for hoarding Bitcoin and Tether has now placed a major bet on Algotech. This investment underscores the groundbreaking potential of Algotech’s AI-driven algorithmic trading platform. 

With its commitment to democratizing trading through advanced technology, Algotech stands poised to reshape the landscape of financial markets, bolstered by this new surge of support from a prominent figure in the crypto community.

Bitcoin market trends post Halving

The recent Bitcoin halving event, which reduced miner rewards from 6.25 BTC to 3.125 BTC per block, has seen a subdued market response, with Bitcoin’s price consolidating between $65,000 and $67,000. 

This muted reaction might suggest that the broader uptrend remains intact. Factors like the halving-induced limited supply and significant inflows into Bitcoin ETFs, especially the BlackRock iShares Bitcoin Trust, are poised to increase demand. 

Historically, prices tend to consolidate after a halving before resuming an upward trajectory, as evidenced by the surge to new highs ahead of the event this year, buoyed by impressive ETF inflows. Additionally, the rise in long-term holders and a decline in the percentage of tokens held on exchanges suggest a reduction in selling pressure for both Bitcoin and Ethereum. 

However, a potential delay in expected interest rate cuts by a hawkish Federal Reserve could curb the enthusiasm, maintaining pressure on Bitcoin and other risk assets. To continue the bullish trend, Bitcoin bulls must defend the $60,000 support level. 

A decisive breakout above the current consolidation pattern could signal a continuation of the upward movement, potentially setting the stage for new historical highs.

Tether freezes wallets amid Venezuela oil sanction evasion using USDT

Stablecoin issuer Tether has announced the freezing of wallets involved in utilizing USDT to circumvent sanctions on Venezuelan oil exports. This move follows a Reuters report highlighting the increased adoption of tether by Venezuela’s state-run oil company, PDVSA, after the U.S. reinstated sanctions on the nation’s oil exports.

In December, Tether froze 41 wallets linked to the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list. A spokesperson for Tether emphasized the company’s commitment to complying with the OFAC SDN list and ensuring that addresses involved in sanctions are adequately frozen.

The reliance on USDT by PDVSA began last year and has intensified following the U.S. decision to reimpose sanctions ahead of Venezuela’s contentious election. Initially, Venezuela turned to cryptocurrencies in 2018 with the introduction of the “petro” token, aimed at combating economic instability caused by U.S. sanctions. However, this token was discontinued earlier this year due to insufficient adoption.

Cryptocurrencies offer PDVSA and its business partners an alternative to cash transactions, which are susceptible to seizure by U.S. authorities in foreign bank accounts. It is reported that PDVSA employs intermediaries in its tether transactions to obscure the transfer details.

OFAC has been actively monitoring cryptocurrency usage, increasing its enforcement within the sector over the past year. Notable actions include a $1.2 million fine against crypto exchange CoinList for facilitating Russian users in sanction evasion and imposing sanctions on a cryptocurrency mixer allegedly used by North Korean hackers.

In October of the previous year, Tether froze 32 cryptocurrency addresses linked to terrorism and warfare activities in Israel and Ukraine. However, the firm previously resisted freezing wallets associated with the sanctioned coin mixing service Tornado Cash.

Additionally, notable Tether whales are increasingly placing their trust in Algotech, making significant investments in the emerging technology.

Algotech attracts major investment from Bitcoin and Tether whales post BTC Halving

Following the Bitcoin halving event, significant investors from the Bitcoin and Tether communities are making substantial investments in Algotech, a company revolutionizing algorithmic trading by incorporating artificial intelligence (AI), machine learning (ML), and blockchain technology. Algotech’s native token, ALGT, not only facilitates platform operations but also provides rewards to its users, contributing to a dynamic ecosystem. This innovative approach democratizes advanced trading strategies for all levels of traders, from experts to novices.

The potential of Algotech has generated considerable excitement, as evidenced by the rapid success of its public presale, which raised over $3.9 million and sold more than 15,000 ALGT tokens. Currently in its third stage, each ALGT token is priced at $0.08, with projections to increase to $0.10 in the upcoming phase. This pricing strategy offers early investors the opportunity for significant returns, potentially up to tenfold.

Looking forward, Algotech is planning to expand its platform by integrating more advanced AI technologies and introducing a decentralized marketplace for trading algorithms. These upcoming enhancements are boosting the platform’s functionality and generating significant interest among financial analysts. With these promising developments, Algotech is gaining favor among industry experts, who anticipate that ALGT could yield returns up to 1000% for its investors, making it a highly attractive investment opportunity in the evolving crypto trading landscape.

For further details about Algotech:

Visit Algotech Presale

Join The Algotech Community

The post Best Cryptos That Can Turn $100 Into $1,000 in 2024  appeared first on Coinpedia Fintech News

TLDR:

Analysts have predicted Toncoin’s price to surge to $25, riding on its connection to Telegram.

Analysts have predicted that the price of Dogwifhat will rise to $10 this year.

Rebel Satoshi Arcade has been predicted to rise to $1 before the end of 2024.

Among the numerous tokens in the crypto market, market experts have selected the three best cryptos that can turn $100 to $1,000 in 2024. The three cryptos – Dogwifhat, Rebel Satoshi Arcade, and Toncoin are expected to set new peaks before the end of this year.

Rebel Satoshi Arcade (RECQ): Analysts Give Bullish Forecast 

Rebel Satoshi Arcade ($RECQ) is a gaming platform aiming to transform play to earn gaming with its new approach. The platform will host a range of games where players can earn rewards like top NFTs and free merchandise like T-shirts and caps. Titles such as God Save the King, Recusant Reckoning, and Rebel Run are just a few examples of what gamers can expect.

Meanwhile, two tokens will govern the Rebel Satoshi Arcade platform. The first, $RBLZ, is a governance token that will give holders rights to decide how things are run on the platform. It also gives its holders access to new games and discounts on the best NFTs.

The second token is $RECQ and serves as the primary currency for transactions, rewards, and in-game purchases. Rebel Satoshi has launched a crypto ICO for $RECQ, and it is selling fast. With a current price of $0.0037, $RECQ is one of the best coins to invest in. Meanwhile, market experts have given a bullish prediction for the DeFi coin, projecting a rise to $1 before the end of 2024.

Toncoin (TON) Price Prediction 

Toncoin (TON) is one of the best cryptos in the market right now. Since the news of its partnership and integration with Telegram, investors have been trooping to the project. A few weeks ago, Telegram announced that Toncoin would be a major part of its revenue-sharing program, increasing investors’ enthusiasm for the altcoin.

In terms of price movement, Toncoin’s value has increased by about 6x in the past year. The altcoin price soared from a low of $1.17 to a peak of $7.65 on April 11th. Analysts are expecting this gain to increase to $25 this year once TON’s usage on Telegram increases.

Dogwifhat (WIF) Price Prediction 

Apart from Injective, the meme coin, Dogwifhat (WIF), is another token to consider. Dogwifhat’s rise to the top is a remarkable experience that has not left the heart of the crypto community. Within a three-month period, Dogwifhat’s rose to a peak of $4.85, joined the top 40 cryptos in the market and became the third largest meme coin in the meme coin space.

Although the meme coin’s price has suffered some retracements in the past month, analysts believe its price will continue to rise once the market settles down. They have predicted a new all-time high of $10 in 2024.

In a Nutshell

Investors looking for which crypto to buy today for the long term can look at Dogwifhat, Rebel Satoshi Arcade, and Toncoin. Analysts have predicted huge gains for all three altcoins before the end of this year.

For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.

The post Ripple’s Impending Stablecoin Raises Questions About XRP’s Future, Is the End Near? appeared first on Coinpedia Fintech News

A recent inquiry has surfaced regarding Ripple’s Stablecoin and its potential impact on the XRP ecosystem. The discussion was sparked by statements from Ripple executive Eric van Miltenburg, suggesting that the stablecoin could enhance the XRP Ledger (XRPL) rather than diminish it. 

However, questions have arisen regarding the role of XRP holdings in Ripple’s stablecoin backing, prompting clarification from Ripple’s CTO, David Schwartz.

Ripple’s Stablecoin & XRP’s Future

Eric van Miltenburg, Ripple’s SVP for Strategic Initiatives, recently commented on the upcoming Ripple stablecoin, hinting at its potential benefits for the XRP ecosystem. With Ripple historically utilizing XRP extensively for cross-border transactions, the emergence of a stablecoin could potentially impact the value of XRP.

On the flip side, Miltenburg addressed concerns about the stablecoin overshadowing XRP, emphasizing that its launch on XRPL would ultimately benefit the ecosystem. 

Drawing parallels to stablecoins integrated into other blockchains like Polygon, he suggests that this move could increase the total value locked (TVL) on the XRP Ledger, thereby enhancing trust in the blockchain.

Crypto Eri’s Inquiry

However, members of the XRP community remain skeptical and seek clarification on certain aspects. In response to Miltenburg’s remarks, prominent XRP community figure Crypto Eri sought clarification from Ripple’s CTO, David Schwartz, regarding the role of XRP holdings in the stablecoin’s backing. 

A rare question from me @JoelKatz Can you help me to understand?Eric Van Miltenburg, (Ripple SVP) in the Digital Frontiers article interview, explained for some of the payment corridors (s) within its network, Ripple has been using stablecoins.ok, but… He also said the… pic.twitter.com/BrgZkyc7Xd

— Crypto Eri Carpe Diem (@sentosumosaba) April 25, 2024

Specifically, Eri questioned whether the XRP Ripple holds would be considered part of the “cash equivalent” backing the stablecoin.

Schwartz’s Clarifying Response

 In response, Schwartz explained that there is currently no native mechanism to “lock up” assets on XRPL. He suggested that Miltenburg’s reference to stablecoins boosting activity on other blockchains was likely in the context of their impact on overall blockchain utility, rather than specific TVL comparisons.

Currently, there's not really any native way to "lock up" assets on XRPL. What I think Eric was talking about was how having high-quality stablecoins has driven usage of other blockchains as measured by the increase in value locked.On XRPL, you'd expect to see people using…

— David "JoelKatz" Schwartz (@JoelKatz) April 25, 2024

Schwartz outlined potential functions for stablecoins on XRPL, including providing a means for individuals to hold funds without exposure to crypto volatility and serving as assets for automated market makers (AMMs). Additionally, he noted that stablecoins could enhance the usability and functionality of XRPL overall.

As the discussion continues, stakeholders in the XRP community await further developments in the evolving landscape of digital assets.

The post Popular Analyst Believes XRP Could Rise To $5 In 2025; Borroe Finance Could Well Be Worth More appeared first on Coinpedia Fintech News

The crypto market is buzzing as analysts predict Ripple (XRP) will reach $5.00 in 2025. This bold prediction has shaken the crypto market. Yet, some analysts believe Borroe Finance ($ROE) has more potential to breach the $5.00 level sooner. Let’s explore which is the best crypto to buy now for higher ROI.

>>BUY $ROE TOKENS NOW<<

Cryptocurrency Analysts Predict XRP’s Future

Ripple has been a hot topic in the crypto market due to its legal lawsuit against the US SEC. Many predictions have been made regarding the future of XRP and its price trajectory. A popular analyst, Jake Gagin is in the headlines with his explosive price prediction.

He predicts that XRP will trade around $5.00 by 2025. However, XRP was trading around $0.50 in mid-April. It has lost around 14% value in the past month. Moreover, XRP is down over 85% from its ATH of $3.84 in January 2018.

In addition, industry experts say the RSI and MACD of XRP suggest downward momentum. Thus, the prediction of Jake Gagin may not work in the short term. In the long term, the altcoin price needs to be 10x from here to reach $5.00 in the long term.

So, there is mixed sentiment towards the prediction from crypto investors. XRP lawsuit update will also have an impact on its price. Thus, we have to wait till 2025 to see if the prediction proves to be right.

Amid these, experts say a new blockchain ICO–Borroe Finance could topple XRP in terms of ROI.

Borroe Finance Empowers Web3 Growth

Borroe Finance is making headlines as it gets support from experts. Experts back $ROE for higher ROI than XRP, which is struggling with the US SEC lawsuit. Borroe Finance enables Web3 businesses to turn future invoices into immediate cash.

Borroe Finance offers an AI-powered funding marketplace to trade and sell NFTs of future revenue. This helps Web3 businesses to unlock capital instantly and smoothly. It will help Web3 content creators like NFT artists, writers, etc. who often have irregular income.

The platform is built on top of the Ethereum sidechain–Polygon. Polygon blockchain offers low transaction fees and faster transactions which is essential for Borroe Finance to operate smoothly. Also, it will have Ethereum security.

It offers a suite of features for token holders, including discounted fees, premium features, and governance rights. Borroe Finance is at the final stage of the presale, offering $ROE at $0.02 per token. They have already sold over 290 million $ROE tokens and only 145 million tokens are remaining to be sold.

Additionally, $ROE tokens provide an incentive of a 20% bonus for new buyers using the promo code “WELCOME”. When $ROE lists in Uniswap, a DEX (decentralized exchange), at $0.025, new investors will gain 25%. Thus, experts recommend buying and HODL $ROE tokens for higher ROI in the long term.

Learn more about Borroe Finance ($ROE) here:

Visit Borroe Finance Presale | Join The Telegram Group | Follow Borroe Finance on Twitter

The post SOL Price Drop Tests 50% Fib Level, Eyes For Bounce Back! appeared first on Coinpedia Fintech News

Amidst the broader market crash, the top blue chip altcoins are taking a huge hit to their market cap, resulting in a massive sell-off. From being a top performer, the SOL price tanks amidst the sell-off resulting in another drop under the psychological mark of $150.

Is this correction the final drop threatening the $100 breakdown or a bullish reversal waiting ahead? Will Solana find a rise in bullish momentum to hit $500 in 2024? Find out more in our SOL price prediction. 

Will Solana Cross $200?

With a bullish recovery rally from a crucial support trendline, the SOL price reclaimed the $150 mark. However, the altcoin failed to exceed the 31.80% Fibonacci level, which was close to $165, resulting in another evening star. 

TradingView

The downfall aligns with the broader market fall and retests the broken resistance trendline. As the chances of a post-retest reversal are minimal during the increased supply wave, the SOL price is headed towards $100.

Currently, Solana’s native token exchanges hands at $143 with an intraday fall of 2.25%, leading to another bearish engulfing candle. Further, the downfall could rechallenge the bullish dominance at the support trendline. 

Technical Indicators:

MACD Indicator: The MACD and signal lines are merged under the negative territory, teasing a positive crossover. However, the downfall in SOL price could result in an extended negative trend.

DMI: The DMI indicator shows a downtick in the ADX line, reflecting a loss in trend momentum. Further, the VI lines threaten a negative crossover. 

Will SOL Price Hit $500?

Despite the ongoing correction phase the underlying demand stays strong for Solana at the psychological mark of $100. Further, a broader market comeback could increase the bullish momentum resulting in a post-retest bounce back. 

If the SOL price crosses the 61.80% Fib level and the psychological mark of $200, the buyers are aiming for higher levels. Considering the uptrend regains momentum, the Solana market value can peak at $200 by the end of this month. 

The post XRP Price Prediction: Here’s How Trader Could Turn $4K to $105K Trading XRP appeared first on Coinpedia Fintech News

An XRP trader recently projected a power-packed surge in XRP’s price to $1.13, aiming to capitalize on this anticipated rally by potentially making a whopping target of $105,000. Despite XRP’s recent rebound, reaching a 10-day high above $0.57 on April 22, the cryptocurrency faced resistance at the 50-day exponential moving average (EMA) at $0.5715, leading to a pullback. So is this the moment for XRP? 

$XRP — $1.13 from here is ONLY a 106% move from current levels. I'm going to take $4k of capital and turn this in to about $105k returns on that trade alone. I will show you my trade receipt when complete. Ask me if I give a damn about $589 or any other nonsense. Lulz! pic.twitter.com/3zHdwwxpIP

— MissileTits (@SurSugarTits) April 23, 2024

XRP Price To Give Double Profit, If? 

However, a trader known as “X” sees an opportunity in the downtrend, suggesting that XRP has been trading above an upward trendline since at least June 2023. Interestingly, despite breaking below this trendline during the April 11-13 price crash, XRP initiated a recovery attempt starting April 20, coinciding with Bitcoin’s halving. This trader anticipates a 106% surge from the current position to reach the $1.13 price level, last seen during the previous cycle’s bull run in November 2021.

Trader aims to invest $4,000 to potentially transform it into $105,000 during XRP’s expected rise and share screenshots. However, attaining such high profits may require leveraging their initial investment 13x. A high-risk approach, leveraged trading can magnify gains and losses.

XRP on a Buying Spree!

Knowing the risk factors in such speculative investments and trading with leverage is crucial. While some traders are highly optimistic about XRP’s prospects, there’s no assurance of achieving the desired results. Other analysts like Block Bull have also expressed bullish views on XRP, anticipating a move towards $1.06 before a possible pullback to the $0.66 – $0.74 range.

Despite recent price fluctuations due to ongoing lawsuits, XRP has continued to attract interest from large investors, as indicated by increased whale activity and the accumulation of XRP tokens. XRP continues, with a significant whale transfer of 70 million XRP. Some whales buy more, while others sell, adding uncertainty. However, some experts maintain optimism amidst this, predicting XRP to reach $1.

Notably, XRP has recently dropped below $0.53, challenging bullish sentiment. As XRP took a dip, the whales—those hefty holders with between 10 and 100 million XRP—saw an opportunity. Analyst Ali Martinez revealed that these crypto titans gobbled up over 31 million XRP in just one week, totaling $16 million.

However, EGRAG Crypto suggests maintaining the $0.53 level is crucial for sustaining bullish momentum. However, breaching $0.55 could signal a potential rally toward $0.80 and even $1, amid speculation of a market recovery. 

Is this the moment of breakout for XRP, a recent buying spree shows positive sentiments for XRP.

The post 5 Best Cryptos Under $1 to Buy Now – Low Priced Gems For Altcoin Season appeared first on Coinpedia Fintech News

Cryptocurrencies under $1 often perform well due to the psychological perception that investors get more value for money.

While crypto prices are most impacted by market cap rather than price, this cognitive bias is instrumental in the meteoric success of meme coins and lower-priced cryptocurrencies. 

Therefore, this article provides the five best cryptos under $1 to buy now. We consider factors like expert opinions, trends and use cases, historical performance, tokenomics, and more.

Our analysis determined Slothana, Polygon, Dogeverse, Pepe, and Hedera as the top sub-$1 cryptos. Let’s take a closer look at each.

Slothana

Slothana is the newest hype on the Solana presale scene, raising over $15 million so far. The project eclipsed the total raises of Book of Meme and Slerf, both of which went on to experience monumental success after launching on exchanges.

Traders can still buy Slothana at presale, but they must be fast because the campaign will end in five days. Following this, Slothana will undergo an IEO, where it could see a similar explosive rise to BOME and SLERF.

Whispers are circulating that the Smog team launched Slothana due to a comment left on the project’s first-ever X post. After launching in February, Smog soared over 100X to a $270 million market cap, setting a bullish outlook for the new sloth-themed meme coin.

Leading industry analysts have rallied behind Slothana, with Savvy Finance saying, “This Solana meme coin could be the next big 100x opportunity.”

Visit Slothana Presale

Polygon

Polygon is a leading Ethereum layer 2 network that has introduced a plethora of new innovations in recent months. It is currently priced at $0.74, making it one of the leading cryptos under $1 by market cap.

MATIC is up 3.4% today and 6.6% this week but down 22% this month and 25% this year. It holds a $7.4 billion market cap and a $239 million 24-hour trading volume.

Polygon was the first Ethereum layer 2 network to launch a zero-knowledge rollup (ZkEVM). This provides secure scalability and is technologically superior to the widely used “optimistic rollup.”

Further exemplifying the project’s commitment to innovation, Polygon is developing a privacy-focused blockchain with parallel transaction execution and client-side proving.

These innovations display the team’s prowess and add to the project’s long-term potential.

What’s more, DeFiLlama data reports that Polygon’s stablecoin holdings have gradually increased recently, and traders could potentially convert these into MATIC in the coming months. 

Dogeverse

Dogeverse is a new meme coin that transcends industry norms, launching on the six hottest smart contract-enabled blockchains. 

The project is live on Ethereum, Base, Polygon, BSC, and Avalanche and will soon be available on Solana. This multichain approach helps ensure price stability, with Dogeverse independent of any singular blockchain, protecting it from users migrating from one network to another.

Its novel use case also unites the once-differential blockchain communities through one powerful meme coin, encapsulating the positive and light-hearted essence of memetic culture.

Dogeverse ushers in a staking mechanism, rewarding holders while increasing the token’s long-term potential. Currently, the staking mechanism offers a 107% APY, but this will decrease as more tokens are staked.

Further incentivizing early buyers, the Dogeverse price will increase throughout the campaign. The next uptick will occur in one day or when the total raise hits $11.2 million. 

Visit Dogeverse Presale

Pepe

Pepe emerged in the summer of 2023 and has become one of the industry’s largest and most recognizable meme coins.

It has enjoyed notable success recently, pumping 19% today, 48% this week, and 10% this month.

Currently, Pepe holds a $3.3 billion market cap and a $1.6 billion 24-hour trading volume, up 57% today.

The project’s recent wave of excitement follows a listing for perpetual futures trading on Coinbase International Exchange, Coinbase’s institutional-focused arm serving clients outside the United States.

Speculators suggest this could lead to a potential spot listing on the main Coinbase platform, providing widespread accessibility on the world’s leading crypto exchange.

Meanwhile, top analysts have displayed bullish sentiment on Pepe. Bluntz recently noted that “Pepe looks the best” among all meme coins. He highlighted that Pepe has shown strength recently and predicts a “turbo V” recovery toward its all-time high.

Hedera

Hedera is a secure and scalable layer 1 blockchain focusing on real-world asset tokenization. 

HBAR has enjoyed tremendous success recently, with its price surging 95% in the past 24 hours. It is also up 117% this week, 64% this month, and 191% this year.

The project holds a $6.2 billion market cap and a $2.2 billion 24-hour trading volume, up 5,259% today.

Its spectacular rise follows an announcement that the world’s largest asset manager, BlackRock, will launch its US Treasury money market fund (MMF) on the blockchain.

The move will enable MMF shares to be tradable on the Hedera network, presenting an unprecedented opportunity for ecosystem adoption.

BlackRock’s MMF collaboration with Hedera is stepping towards a seamless and circular marketplace to trade tokenized assets globally.

The post CoinPoker Announces Zero Withdrawal Fees, $500 CSOP Main Event Crypto Giveaway appeared first on Coinpedia Fintech News

A few days after launching its annual $1 million guaranteed CSOP tournament series, crypto poker site CoinPoker is making headlines again for removing all withdrawal fees on its platform. 

Renowned as the largest crypto-based poker site and casino around the world, CoinPoker has been ticking all the right boxes to provide poker enthusiasts with a combination of exciting and rewarding gameplay. 

CoinPoker CSOP

On April 19, CoinPoker began its annual Crypto Series of Online Poker (CSOP) Spring tournament series. 

One of the biggest online poker tournament series in the bustling poker sector, CoinPoker’s annual CSOP Spring tournament has captured the imagination of both high rollers and casual gamblers who are seeking to compete for huge prize pools.  

This year’s edition kicked off amid weekend high-roller cash game action between the Lithuanian-Australian poker legend Tony G and several whales. The high-stakes action which saw Tony G win over $300k pot has successfully drawn the attention of scores of poker enthusiasts across the globe to CoinPoker’s tournaments.

To celebrate this Sunday’s CSOP main event, the poker room also launched a crypto giveaway on their Twitter, allowing participants to win a $500 ticket awarding free entry to that event.

Participants were only given some simple tasks to do – follow CoinPoker on X (Twitter), retweet the post, and comment with their CoinPoker username. If they do those three things, win the $500 ticket, and then take down the CSOP main event they stand to win $40,000 (in USDT, equivalent to USD).

#CoinPokerGiveaway ($500)! Here we go again! There will be one lucky Twitter / X follower who will play the #CSOP Main Event (March 28th at 18:30 GMT) for free! Buy-in = $500 GTD = $100,000 3 steps to participate1⃣ Follow @CoinPoker_OFF2⃣ RT this post… pic.twitter.com/TzS6WHAMde

— CoinPoker (@CoinPoker_OFF) April 23, 2024

CoinPoker Fees Now Zero For Withdrawals

Above all, CoinPoker’s decision to embrace a zero-withdrawal fee policy while also providing a rare opportunity for poker enthusiasts to compete for $1 million crypto prizes further enhances its market appeal and credibility. 

Since the beginning of the week, CoinPoker has been featured on prominent publications like Decrypt and Benzinga, becoming the most-talked about online casino right now. 

CoinPoker is following in the footsteps of top crypto betting sites like Rollbit, which also has zero withdrawal fees – only blockchain network fees apply. 

With the zero withdrawal policy, CHP, the native token of the poker site, could even be set to replicate the success of Rollbit’s RLB. 

In the last 12 months, the RLB price has risen by over 670%, positioning it as one of the top gainers in the market. 

Prior to the announcement of the zero withdrawal fee policy by CoinPoker, CHP was down by 1.85% in the last 30 days. In reaction to the news, it jumped up on the price charts by a noticeable proportion. 

According to CoinmarketCap, CHP is up by 2.13% in the last 24 hours, indicating that it’s on a recovery path. This development has drawn a comparison between CHP and RLB. 

CHP’s utility lies in rakeback – holders of the site’s native token earn 33% rakeback.

Analysts are optimistic that CoinPoker could even gain more ground and bite into the market share of Rollbit with its ongoing CSOP tournament series and zero withdrawal fee policy. 

CoinPoker was founded in 2017 and already has a reputation for hosting some of the largest tournaments in the world, such as a $100k buy-in event in 2022.

It hosted the largest online poker pot in history – also in 2022 – and still today has some of the biggest cash game pots we’ve seen so far in 2024. 

More On The CSOP

After kicking off again on April 19, 2024, CoinPoker’s flagship CSOP tournament series has gathered huge momentum, making major headlines of top publications. 

While announcing its commencement on X, the CoinPoker team revealed that the event will run for ten days (April 19 – April 28), featuring 41 high-octane events with $1 million in total prizes up for grabs. 

The event also included freerolls fo low stakes players alongside exciting $20 CSOP openers and $50 MonsterStack events. Game types include progressive knockout (PKO) tournaments, Pot Limit Omaha (PLO) and No Limit Hold-em (NLHE) events, “MonsterStack” events, and the $500 entry grand finale takes place on Sunday, April 28. 

Apart from the $1 million in crypto prizes, an additional $10,000 prizepool has also been put in place to reward the best-ranked leaderboard players. 

As such, if the goal is to win amazing crypto prizes with poker tournaments, try out CoinPoker’s CSOP event. 

Visit CoinPoker

The post Top Reasons Why PEPE Price Is All Set To Hit ATH Soon appeared first on Coinpedia Fintech News

The cryptocurrency market valuation slipped around 4 percent in the past 24 hours to about $2.48 trillion at the time of this report. Bitcoin (BTC) price has experienced significant bearish pressure after a death cross between the 50 and 100 SMA and a red 9 candlestick from the TD Sequential on the 12-hour time frame.

Meanwhile, cryptocurrency traders have shifted focus to the meme coin industry, significantly overshadowing utility-based altcoins. Furthermore, the meme coin industry has grown to over $54 billion in market cap and an average daily traded volume of about $6.2 billion.

PEPE Price Enrute for ATH 

Amid the ongoing cryptocurrency correction post-fourth Bitcoin halving, Ethereum-based meme coin Pepe (PEPE) has surged over 53 percent in the past seven days to trade around $0.00000726 on Thursday during the mid-London session. The recent Pepe perpetual futures listing 1000PEPE-PERP on the Coinbase International Exchange and Coinbase Advanced significantly contributed to Pepe’s bullish outlook.

$PEPE is showing a clear bullish flag pattern breakout, indicating potential for breaking all-time highs. Source: CryptoCove pic.twitter.com/KXrNhMliXV

— Bitcoinsensus (@Bitcoinsensus) April 25, 2024

According to a popular crypto analyst alias Captain Faibik, Pepe’s price against the US dollar is on the cusp of reaching a new all-time high. The crypto analyst noted that Pepe’s price has already broken out of a bullish flag after a six-week correction phase 

However, Pepe’s price must consistently close above the current support level on the weekly chart to ensure the bullish momentum continues in the near term.

Why Bet on the Meme Coins

Liquidity in most meme coins is expected to improve in the coming months as more investors participate in the market. The rise of dog-themed meme coins led by Dogecoin (DOGE) and Shiba Inu (SHIB) in the past bull cycles has inspired a new generation of meme coins. 

Moreover, most blockchains and web3 projects are using meme coins to spur adoption and increase on-chain activity.

 

The post Dogecoin Price Slides But Traders are Backing Dogeverse to See Big Gains appeared first on Coinpedia Fintech News

Dogecoin has struggled today amid a broader market pullback, falling by 7%.

However, the newly launched multichain meme coin Dogeverse has continued to display strength, recently surpassing $10 million in its presale.

Dogecoin Slides but Remains Bullish, According to Trader 

Dogecoin has suffered a severe retracement than the market average today, but one prominent trader remains optimistic about its long-term potential.

DOGE is currently trading at $0.1498, down 7% today, up 0.5% this week, down 13.4% this month, and up 90% this year. 

It holds a $21 billion market cap and a $1.4 billion 24-hour trading volume, up 27% today.

Prominent analyst Ali Martinez, who goes by Ali Charts on X, weighed in on Dogecoin’s current price action in a tweet this week. 

Martinez noted that Dogecoin is currently trading within a consolidation zone after breaking a macro trendline resistance level. The analyst highlights that this is standard procedure following Dogecoin’s macro breakouts, with the same pattern forming the previous two cycles.

In the analysis, he explained, “Dogecoin is showing its classic pattern once again! DOGE is currently consolidating after breaking out from a descending triangle.”

He continued, “Based on past trends, we might see DOGE rocket towards $1 in the coming weeks.”

Martinez then displayed a price chart overlaid with a potential upcoming trajectory for the market-leading meme coin. Based on this overlay, DOGE could be headed to highs of $5 this cycle.

In an earlier tweet, the prominent trader underscored that Dogecoin “remains the most important altcoin” in the meme coin sector. 

He also explained his bullish outlook on Dogecoin’s based on its price action:

“From a technical perspective, DOGE seems to mirror the 2018-2021 pattern. If so, DOGE could be at the very beginning of a massive parabolic bull run.”

Indeed, Ali Martinez’s analysis presents an optimistic outlook for the future of Dogecoin, helping investors to overlook the ongoing consolidation with hopes of an impending uptrend continuation.

But while Dogecoin has struggled this month, the new meme coin Dogeverse is presenting a solid alternative, with its presale recently surpassing the $10 million total raised mark.

Will Dogeverse Be the Next 100X Meme Coin After Raising $10M?

The meme coin market frequently gifts courageous degens with 100x opportunities, and analysts believe Dogeverse may be the next.

It has already raised over $10 million in its presale, which shows investors are rallying behind the project.

However, top media outlets and industry experts are also on board. In addition to features in heavyweight outlets like CryptoPotato, Cointelegraph, and Watcher Guru, leading analysts like Jacob Bury have speculated it holds 100x potential.

This unwavering momentum derives from Dogeverse’s one-of-a-kind use case: it is the first multichain Doge-themed cryptocurrency.

The project is launching across the six hottest smart contract-enabled blockchains. It is already live on Ethereum, Polygon, Base, BSC, and Avalanche and will soon be available on Solana, too.

By breaking down crypto’s “garden walled” limitations and bypassing blockchain fragmentation, Dogeverse unites different communities under the banner of one enigmatic meme coin.

But besides the idealistic benefit of ending blockchain traiblism, Dogeverse’s multichain approach thrives with tangible advantages.

Its widespread accessibility enhances its demand potential and negates the risk that single-chain cryptos face of users potentially migrating to a different network.

However, those looking to buy should act quickly. The Dogeverse presale price will increase throughout the campaign, with the next rise in six hours or when the total raise hits $11.2 million.

Visit Dogeverse Presale

The post Hidden Crypto Gem Quietly Growing TVL While Rewarding Users With USDC appeared first on Coinpedia Fintech News

As Octoblock attracts attention for generously rewarding users with USDC, it is executing a remarkable growth trajectory by steadily nurturing its TVL. Octoblock is regarded by prudent investors as a hidden crypto gem reshaping the crypto arena by providing stability and rewards through USDC airdrops. It accords investors an early wealth generation activity during presale through ICO staking.

Octoblock: Hidden Crypro Gem For Wealth Creation

Octoblock depicts all the signs of a hidden crypto gem ready to explode. Crypto analysts with experience researching new projects agree that Octoblock’s approach is a fool-proof passive income generator for investors. It delivers its strategies through interconnected systems each striving to excel in its role. The Crowd Funded Yield Farming approach (cFyF) handles investors’ welfare in their quest for inclusivity and high returns. The cFyF approach will grant investors the autonomy to pool resources and participate in activities maximizing their potential.

The hidden crypto gem will facilitate a simple, secure, and fast interoperable platform connecting diverse blockchain networks and offering support for all cryptocurrencies. It will enter through the Coral Cove DEX.. The platform will allow transfers, conversions, and several transactions making it a multi-chain initiative.

Octoblock participates in philanthropic pursuits through the Tentacle Trust strategy that utilizes 5% of the Nautilus Trove profits to fund charitable organizations dealing with marine ecosystems. The identification process features a vote by investors on the suitable organization to consider.

The hidden crypto gem’s wealth creation strategy is made possible by the Nautilus Trove, a platform applying dual strategy and Beefy Finance to balance investments and profit distribution. This strategy exposes investors to immediate earnings through rewards with high APY. The Trove applies ICO staking, arbitrage, and farming to generate high APY for distribution to holders and other causes. 

OCTO ICO and USDC Rewards

Octoblock is amidst a fast-rising ICO in phase four at $0.038 with a 12% bonus and guaranteed entry to Tesla giveaway and other monthly draws through the Saltwater Sweepstake. The monthly draws consider the holder’s OCTO token holdings and distribute rewards as per a timed snapshot. The rewards are through USDC and act as appreciation for confidence in the project.

Each purchased token guarantees one entry into the Tesla giveaway draw whose eventual winner will get a new Tesla EV.

USDC airdrop rewards are distributed to all ICO participating addresses every Monday and the amounts vary as per the holder’s OCTO portfolio. The OCTO platform’s previous airdrop featured a high APY of 185.5% while this week’s APY was 165%. There was a notable increase in the platform’s TVL as it gradually moved from the previous $22,804 to current levels at $27,394. Octoblock has clocked $1750.05 in rewards through OCTO and USDC airdrops.

More information here:

Buy OCTO: https://reef.octoblock.io/register

Website: https://octoblock.io/

The post Best 4 Altcoins Priced Under $1 To Buy In April 2024 appeared first on Coinpedia Fintech News

With the 2024 bull market already underway, it is very important to buy the right altcoins for maximum gains. But investors face one major dilemma: what altcoins present the best potential for profitable returns? 

Let’s consider 4 altcoins priced under $1 that you must have in your portfolio before the month ends. They are Ripple (XRP), Dogecoin (DOGE), Kaspa (KAS), and ETFSwap (ETFS)

Ripple (XRP) Among The Top Altcoins

Founded in 2012, Ripple (XRP) is one of the oldest altcoins in the current crypto world. Even at that, it has constantly stayed in the news due to its long-standing tussle with the Securities and Exchanges Commission (SEC) of the United States of America. And while the Ripple firm has had some remarkable wins lately, the tussle is still ongoing.

If the Ripple (XRP) firm gains a complete victory over the SEC, it may very well send the token blasting to all-time highs (ATHs). So, now is the time to buy and position yourself well for a potentially groundbreaking pump. 

Dogecoin (DOGE) Is The Meme Coin Leader

Dogecoin (DOGE) has always shown itself as one token that is never to be underestimated. It has had 5 major pumps through the years, fuelled by retail interest, general crypto rallies, and public support from notable celebrities like Elon Musk. 

Therefore, it is very possible for the leading meme coin to pull another impressive. Its price moves so fast that something as small as a tweet, another crypto market rally, or a wave of retail interest will send it racing to euphoric highs. It is better, therefore, to hold some in your portfolio and be ready to cash out on your profit when the pump starts.    

Kaspa (KAS) Among Promising Altcoins

Kaspa (KAS) is a layer 1 blockchain that offers instant transaction validation by processing transactions parallelly instead of sequentially. This decentralized approach implements both speed and scalability, along with robust security. Thus, Kaspa (KAS) claims to have solved the blockchain trilemma with its unique protocol.

Therefore, with a current price of $0.12 and a market cap of about $2.8 billion, Kaspa (KAS) is primed for a 10x or even more. Even though it is currently in a negative price trend, that only means it has more room to run upwards. 

ETFSwap (ETFS) Is Here For DeFi

ETFSwap (ETFS) is an innovative crypto platform that aims to change the way we relate with exchange-traded funds (ETFs) by tokenizing them on the blockchain. This unique perspective has brought much-needed liquidity to the crypto ETF space, ensuring that you can trade them as easily as you trade tokens on any decentralized exchange.

To further its decentralization goal, ETFSwap (ETFS) enables a KYC-less procedure for all its transactions. It has also provided a seamless link between cryptocurrencies and ETFs, ensuring that you do not need to first convert ETFs to fiat before converting to crypto.

Also, it offers various ETF products and tools to cement its place as the top platform for trading crypto ETFs. Some of the products it offers are commodity ETFs, market ETFs, and fixed-income ETFs. It also provides unique ETF tools like ETF screener, ETF filter, and a leverage tool to amplify your profit potential by up to 1000%. 

The platform is still in its infancy, representing greater potential than the other tokens on our list. The website is already up and running, and Cyberscope has already carried out a comprehensive audit of the project and its smart contract, giving it a high rating for safety.

The ETFSwap (ETFS) token presale is currently ongoing, and each token is selling fast at $0.00854. This price will increase to $0.01831 when the second stage of the presale starts, and it won’t be there for long. With an expert prediction of up to $1 for each ETFS token when the platform fully launches, you could get as high as a 10,000% profit if you invest now.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community  

The post Experts Predict Bitgert Coin Price Surge in the Coming Week appeared first on Coinpedia Fintech News

Starting from the emergence of the crypto industry in 2019, the reception has been on high, with many favouring it as an approach to completing monetary exchanges.

Throughout the long term, we have seen so many cryptocurrencies coming to the spotlight, each with its particular contributions to financial backers while some others made for the sake of fun. Investors seeking returns seek for cryptos that can give expected returns to them

We are right now seeing the semblance of Bitgert surprising the cryptocurrency space, drawing investors because of how rewarding it has been. Early investors have been able to make mouthwatering returns from it.

We’ll talk about the reasons why Bitgert has become so popular in this market with investors predicting a massive surge in it.

Super Scalability Of Bitgert Has Given Experts Confidence In A Possible Price Surge In Coming Week

Finding a project that allows smart contracts and other Defi services without sacrificing top performance in terms of speed and efficiency is a challenge that many investors in the crypto industry face. Bitgert’s scalability has set it on full motion to the top.

Bitgert’s recent success is largely due to this. Bitgert tracked down the ideal harmony between offering required types of assistance and keeping up with versatility to the most elevated level. Numerous international investors have paid attention to Bitgert’s singular offering.

With Bitgert’s blend of the Verification of Stake agreement system (PoS) close by the Confirmation of Power component (PoA), Bitgert has had the option to accomplish simple calculations without being restricted in the speed of handling exchanges.

Bitgert has risen to the top of the crypto ecosystem as a result of this and experts are confident that with the growing demand, a price surge in the coming week is inevitable.

Bitgert, On The Radar Of Experts And Investors

Excellent meme coins have emerged from the ecosystem over the years. Millionaires have been made with Pepe, Shiba Inu, and many other coins.

Bitgert has outperformed the accomplishments made by its predecessors because of its different methodology.

Adaptability and effectiveness can’t be matched by some other coin as Bitgert is one of the quickest in the biological system. Bitgert has a handling rate of 100k exchanges each second making it relentless.

In addition to speed, investors can take advantage of Bitgert’s best smart contracts and Defi-related benefits without having to pay gas. Because of this, numerous industry investors and experts are currently keeping an eye on Bitgert with positive speculations on a possible surge moving across the industry

Wrapping Up

The cryptocurrency market is preparing for energizing times with the bull run unavoidable. Due to their innovative approach that guarantees investors a profitable season, Bitgert have already established itself as the best investment option with experts positive of an upsurge this coming week

Despite the obvious potential of Bitgert and the other tokens mentioned, conducting research is crucial. Know more via the website.

The post Analysts Bullish on BEFE Coin Price Outlook appeared first on Coinpedia Fintech News

Speculators have been interested in the BEFE coin lately and most analysts are speculating a bullish run on the meme coin. It is still a revelation that is shocking most crypto traders right now judging by how BEFE is just a newcomer in the meme coin space. But, a critical look at what has been driving the price action of this meme coin might give a clue into how the price analysis might be something closer than we expect.

For most meme coins, the development team pays for speculations, and this is simply what you see Twitter influencers do now and then. But, since the entrance of BEFE into the meme coin market, it has been changing the whole narrative of what the meme coin is all about. To see the full picture of the way BEFE has been changing the market movement since the last few months it joined the market, let’s try to talk about some of its strategies.

Community Driven Speculative Engagement 

The speculations about BEFE have been mostly from information analysts picked up from its community members. And right now, there are a lot of talks about BEFE online. The community has been actively dropping hints about the profit potentials of BEFE, including the fun engagement among members all around the world. The community is gradually growing better than just a meme coin community. It is now looking like a meme family.

The hype around BEFE has been growing faster than anyone could expect of any meme coin because most meme coins are just there to gain attention for a few weeks. But, since the attention started shifting to BEFE for the past few months, it has only been growing rather than slowing down with the passing days. Analysts believe that with the growing influence of this meme coin in the social media space, we might see great potential for a bullish run.

Getting New Investors Onboard Through Other Exchanges

The BEFE coin team has been trying its best to see BEFE getting to everyone, which means they are working to cover more demographics. A major strategy the team has been using to reach this goal is through increasing the exchanges where BEFE is traded. Uniswap and Pancakeswap are two of the many options available for BEFE.

With this reach, more investors are getting into the meme coin environment and according to how the price action has been adjusting lately, a bull is in view.

Check the BEFE website today to learn more.