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Showing posts with the label pressure

Arbitrum (ARB) and PEPE face huge sell-off pressure: focus shifts to Memeinator presale.

Arbitrum (ARB) and PEPE face sell-off pressure, down 9.53% and 25.65% respectively. Memeinator’s MMTR gains traction, offering innovative utility and market dominance. MMTR token priced at $0.0292 in the final presale stage, attracting investor interest. The cryptocurrency market has witnessed significant turbulence in recent days, with notable sell- off pressure impacting tokens like Arbitrum (ARB) and PEPE. As popular tokens suffer bearish pressure , Investors’ attention is shifting towards the Memeinator presale , where investors are eyeing opportunities amidst the market fluctuations. Arbitrum (ARB) sell-off post token unlock Arbitrum, a prominent player in the cryptocurrency space, experienced a substantial sell- off following a significant token unlock event on March 16th. Whales moved $58 million worth of ARB tokens to exchanges, triggering a downward price spiral. As a result, Arbitrum’s native token, ARB, faced a 9.53% decline i...

BTC dips as key support zone at $40k comes under pressure

Bitcoin price is currently near $40,480 after falling 3% in the past 24 hours. BTC faces pressure as Grayscale sells more Bitcoin amid GBTC outflows.  Bitcoin (BTC) price saw another sell-off bout on Monday as the crypto fell more than 3% to hover just above the key $40,400 level. With today’s BTC decline, the global crypto market cap has also dipped by about 4% in the past 24 hours to $1.65 trillion. The outlook is one of widespread altcoin weakness – Ether prices have dropped below $2,400, Solana under $87 and XRP towards $0.52. Injective, Near Protocol and Avalanche are some of the biggest losers on the day with near double-digit declines in the past 24 hours. Bitcoin price dips amid Grayscale BTC dump The flagship cryptocurrency’s struggles came as GBTC issuer Grayscale Investments transferred more of its BTC holdings to Coinbase Prime. Prices fell sharply last week amid the growing GBTC outflows. As on-chain data from blockchain...