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Showing posts from October, 2024

Trending Cryptocurrency Tokens on Avalanche Chain Today – OddzToken, NumberGoUpTech, UST

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This week, Bitcoin experienced a significant increase as inflows into Bitcoin ETFs reached $900 million. Cryptocurrency analyst Michaël van de Poppe highlighted this substantial investment, indicating it may propel Bitcoin closer to a new all-time high (ATH). Although the price has seen some fluctuations, data suggests a positive outlook among investors, with steady interest fueling upward price momentum. Amid this rally, tokens within specific blockchains have also witnessed rallies. This article curates the  trending cryptocurrency tokens on Avalanche Chain today. Trending Cryptocurrency Tokens on Avalanche Chain Today OddzToken (ODDZ) is valued at $0.00653, with an estimated market cap of $75.29K. NumberGoUpTech (TECH) is a cryptocurrency primarily positioned as a memecoin. UST trades at $0.0243, holding a market capitalization of about $311.22K.  FreeDum Fighters is a new meme coin project currently in its presale stage. Meanwhile, Bitcoin has climbed by 3% , reac...

Can Ethereum Hit $3,000 in November 2024? (THU)

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The Ethereum (ETH) network has struggled to surpass $3,000. The altcoin has been moving sideways for months now. But it could be turning a new page as several bullish factors are coming into play. This article delves into how Ethereum can rise significantly in the coming month. Also Read: Elon Musk’s Doge Flex Sends Dogecoin Soaring Ethereum’s Current Price Level Ethereum had an eventful day, witnessing a nearly 3% uptick over the past 24 hours. At press time, the largest altcoin was trading at $2,525.35. Amidst this, the daily volume of the asset also saw a major spike of 31%, reaching $13.33 billion. This further highlights the increased activity in the ETH market. Source This sudden spike in activity could be related to rising withdrawals from cryptocurrency exchanges. Earlier today, prominent analyst Ali Martinez pointed out that over 300,000 ETH tokens were taken out of cryptocurrency exchanges over the past week, valued at a staggering $750 million. More than 300,000 #Ethere...

XRP's Explosive Surge: The Only Reason You Need to Know

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XRP trades at $0.5235, with high market volatility and regulatory uncertainty ahead. The price fell 15.6% this year, but analysts see signs of a bullish breakout based on market data and new institutional interest. Also Read: Trump’s Election Impact: Bitcoin Price Predictions from Top Analysts Unveiling the Bullish Breakout: XRP’s Price Prediction and Market Impact Source – CryptoRank SEC Appeal Impact When the SEC filed its appeal in October, XRP’s price fell 15% from $0.60 to $0.51. This sharp decline happened within hours of the filing announcement, showing the market’s sensitivity to regulatory news. CoinCodex states: “According to our current XRP price prediction, the price of Ripple’s coin is predicted to rise by 13.76% and reach $ 0.594702 by January 28, 2025. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 69 (Greed). R ipple’s coin recorded 15/30 (50%) green days with 4.84% price ...

Arbitrum Price Prediction for Today, October 29 – ARB Technical Analysis

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The Arbitrum price prediction reveals that ARB is moving bullishly with a gain of 2.92%, as the coin prepares for a bullish cross. Arbitrum Prediction Statistics Data: Arbitrum price now – $0.53 Arbitrum market cap – $2.16 billion Arbitrum circulating supply – 3.98 billion Arbitrum total supply – 10 billion Arbitrum Coinmarketcap ranking – #41 Getting into crypto projects early can often lead to strong returns, as shown by ARB’s price journey. In the past 24 hours, ARB has ranged between $0.5213 and $0.5495, while its all-time high was $2.40 on January 12, 2024, marking a drop of about 77.33% since then. Interestingly, its all-time low of $0.4317 on August 5, 2024, was followed by a rise of around 25.9%. Observing these patterns in ARB’s price history may provide useful insights for those considering investing. ARB/USD Market Key Levels: Resistance levels: $0.65, $0.70, $0.75 Support levels: $0.40, $0.35, $0.30 ARBUSD – D...

Doland Tremp Price Soars 49% As Trump’s Polymarket Odds Reach 66%, But Traders Turn To This PolitiFi ICO With 1,233% Staking APY

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The Doland Tremp price surged 49% in the last 24 hours to trade at $0.4200 as of 04:05 a.m. EST on trading volume that skyrocketed 132% to $15.6 million. This comes as Trump’s election odds on Polymarket reach 66.3%, with Kamala Harris lagging behind at 33.7%. The US election is now 7 days away. Doland Tremp Price To Continue Soaring The Doland Tremp price soared in October as the bulls capitalized on the $0.16 support level, according to data from GeckoTerminal . However, the $0.40 resistance allowed the price of Doland Tremp to trade within a sideways pattern, as the bulls aimed for a breakout above. A slight retrace to the $0.25 support zone and back to the resistance level formed a rounding bottom pattern, which allowed the follow-through above the upper boundary to the current price. TREMP now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a confirmation of the upward trajectory. Meanwhile, the Relative Strength Index (RSI) is soaring...

Analysis: The Launch of Babylon and the Current Status of the Five Major BTC LSTs

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Author: defioasis At the middle of this year, the Restaking sector, represented by projects like EigenLayer, Karak, Symbiotic, and Solayer, surpassed a locking scale of $20 billion. As EigenLayer corresponds to Ethereum, Babylon, the most important project in the BTC Staking narrative, has attracted significant market attention since the launch of its testnet. After two rounds of open staking limits, Babylon's direct deposit addresses have exceeded 25,000, with over 23,000 bitcoins deposited. The Babylon BTC Staking narrative has driven the growth of BTC LST From last year to the beginning of this year, the Ethereum ecosystem, leveraging EigenLayer for Restaking, has increased the overall ETH staking rate. This has also led to a continuous rise in LST deposits, setting new highs for an extended period, and they remain elevated. As Babylon's popularity brings the spring breeze of Staking to the Bitcoin ecosystem, it has also promoted the development of LST within its ecosystem. ...

Crypto expert names two new Bitcoin catalysts as ‘Uptober’ disappoints

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As October nears a close, one reality for crypto enthusiasts is that the anticipated ‘Uptober’ rally might not materialize in 2024. With Bitcoin’s (BTC) performance falling short of expectations, questions are emerging about whether there’s a shift in traditional price rally catalysts—a factor that a crypto expert has weighed in on. In this context, while acknowledging the possibility of a failed ‘Uptober’ rally, Michaël van de Poppe pointed to emerging catalysts that could fuel a stronger bull run than seen in previous cycles, as noted in an X post on October 27. Picks for you Gold rush: Central banks' gold reserves doubled over a decade to record highs 2 hours ago Crypto trader turns $1,700 into $8...