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  • Memeinator is the new meme coin to watch

    Memeinator is the new meme coin to watch

    • Cryptocurrency prices have surged to the highest point in more than a year.

    • Bitcoin and Ethereum prices have risen to the highest point since May 2022.

    • Memeinator has already raised over $1.2 million from investors.

    The cryptocurrency market has made a strong comeback in the past few months. Bitcoin has surged from last year’s low of $15,500 to over $37,000. Ethereum has surged to over $2,000. Other coins like Bonk, Solana, Cardano, and Internet Computer have continued soaring.

    Why are cryptocurrencies soaring?

    There are three main reasons why cryptocurrencies are jumping. First, cryptocurrencies have roared back because of the ongoing adoption of digital coins by institutional investors. Several mainstream companies like Franklin Templeton, Blackrock, Invesco, and Ark Invest. These companies have all applied for spot Bitcoin ETF.

    And this week, Blackrock unveiled that it was considering launching a spot Ethereum ETF. Analysts believe that this trend will lead to more adaptation by the biggest investors in the world.

    For one, while cryptocurrencies are valued at over $1.4 trillion, their adoption has been mostly driven by retail investors. As such, an embrace by moneyed institutions would have an immediate impact.

    Cryptocurrency prices have also risen because of the actions of the Federal Reserve. The bank decided to leave interest rates unchanged between 5.25% and 5.50% in the last meeting. It then pointed to maintain rates at the current level for a while. This situation will likely continue now that Moody’s has lowered the outlook for America’s debt. 

    Third, they have jumped because of the upcoming Bitcoin halving, which will take place in April 2024. Historically, Bitcoin tends to do well ahead of the periodic halving event. 

    Memeinator to benefit

    A key theme during the ongoing crypto rally is that meme coins have made a comeback. Bonk, the popular Solana meme coin that became a sensation in January, suddenly woke up, leading to a major surge. The token jumped to a high of $0.00000030, the highest point since January. 

    The rebound of meme coins like Bonk and Floki Inu is a good sign that newer crypto tokens like Memeinator will benefit. Memeinator is an upcoming crypto token that is now in the presale stage.

    It is a meme coin that seeks to change the industry. It aims to do that by having a broad ecosystem, which will be powered by Artificial Intelligence (AI). Also, the MMTR token aims to eliminate the competition by investing heavily in marketing. 

    There are signs that Memeinator will be a top meme coin. For one, it has already gained traction among investors, as evidenced by the cash it has raised. The developers have already raised over $1.29 million from investors with no major marketing. You can buy the MMTR token here.

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  • Solana price hits 17-month high above $54: What next for SOL?

    Solana price hits 17-month high above $54: What next for SOL?

    • Solana price rose to $54 on Friday, its highest level since May 2022.
    • SOL has outperformed top altcoins as positive catalysts aid bulls’ push, with price up 40% this past week and 138% over 30 days.
    • How far can Solana price rise? Data suggests further upside is possible.

    Solana continued its outperformance on Friday with another huge green candle as price rose 24% to climb to highs of $54. The cryptocurrency’s value has jumped more than 40% this past week and an impressive 138% over the last 30 days.

    According to data from CoinGecko, Solana price has increased by 220% in the past year – reclaiming levels it traded at before the collapse of crypto exchange FTX.

    Solana price breaks above $54

    Despite recent sell-off pressure, bulls have managed to push SOL price to its highest level since May 2022.

    The breakout to this 17-month high comes after buyers regained control at the critical $30 level, with this allowing for further upside to $38. A retest and fresh impetus allowed for this week’s parabolic move to $50.

    Solana price chart. Source:TradingView

    According to crypto data and market intelligence platform Santiment, Solana’s gains are accompanied by a major spike in crowd discussions about the coin.
    While funding rates have flipped higher, they are yet to enter the danger zone. Can SOL see more gains? 

    As highlighted earlier, Ethereum, Solana and other altcoins exploded today after news that BlackRock had filed for a spot Ethereum ETF.

    Also playing a role in the price surge was this week’s comments by Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC). Gensler noted during an interview with CNBC that plans to revive FTX could work if those looking to do so adhered to the law.

    Gensler’s comments came at a time when reports indicated that entities looking to reboot the bankrupt exchange had come down to a final shortlist of three companies. It includes Bullish, a digital assets platform founded by a former New York Exchange executive.

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  • Will it reach the $40k psychological level soon?

    Will it reach the $40k psychological level soon?

    Key takeaways

    Bitcoin eyes the $40k level

    Bitcoin, the world’s leading cryptocurrency by market cap, has been performing well over the last few weeks. It has added more than 7% to its value in the last seven days and the price of Bitcoin currently stands at $37,100 per coin.

    The broader cryptocurrency market has also been rallying, with the total crypto market cap now at $1.4 trillion mark. If the bulls remain in control, Bitcoin could test the $40k resistance level in the short term. 

    What is Memeinator?

    Bitcoin and the other major cryptocurrencies have been rallying since the start of the week. With the market experiencing a rally, investors could be looking at new projects and Memeinator is one to keep an eye on. 

    Memeinator is a Web3 project that is riding the meme coin wave and seeks to provide numerous utilities to users. The team focuses on eliminating worthless memes and improving content creation for users. 

    Memeinator also wants to become one of the top meme coins in the cryptocurrency space. The project wants to leverage AI technology to identify worthless memes, allowing investors to know them and avoid them. 

    The team pointed out that they will be working hard to ensure Memeinator reaches a $1 billion market cap in the medium term and would achieve this via massive adoption of its platform. 

    The Memeinator presale is currently in its sixth stage and the team has raised more than $1.2 million. The MMTR price began the presale at $0.01 per token, and the price will rise to $0.0485 by the end of the presale, giving early-bird investors a whopping 132% ROI at listing.

    Furthermore, the developers will launch a Memeinator game at the presale’s conclusion. The Memeinator game players will get to eliminate enemy memes to win some exciting prizes. 

    Why is the Memeinator presale attracting more investors?

    Memeinator continues to attract more investors thanks to its unique project proposition. The project is appealing to a wide range of audiences, from degens to crypto natives and speculators, giving it the opportunity to become a hit in the market. 

    The platform will use AI to analyse and evaluate memes on the internet, identifying lower-quality memes to replace or “destroy. Memeinator is also dedicated to uplifting meme culture and quality.

    Holders and network participants will be incentivized on the Memeinator network. The MMTR token has some excellent features, such as deflationary mechanisms and rewards for holders, incentivising the project for holders in the long term. 20% of the tokens are allocated for marketing, CEX listing and liquidity. 

    Click here to read more about the Memeinator presale.

    Is the Memeinator a good investment? 

    The Memeinator project has so far raised over $1.2 million since the presale began. The project is an exciting one for investors thanks to its use of AI technology to provide excellent value to investors in the medium and long term.

    The team intends to grow the project to a billion-dollar market, and early investors would record huge profits if that happens. With the right level of adoption, Memeinator could become one of the top meme tokens in the cryptocurrency ecosystem. 

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  • Bitcoin may hit $50,000 before halving, will Everlodge and Shiba Inu follow suit?

    Bitcoin may hit $50,000 before halving, will Everlodge and Shiba Inu follow suit?

    The cryptocurrency market is rife with anticipation and excitement as the community gears up for the next Bitcoin (BTC) halving event. 

    While the flagship cryptocurrency continues to set the tone for the market, other tokens like Shiba Inu (SHIB) and Everlodge (ELDG) are poised to join the party. 

    This article will explore the factors driving Bitcoin towards a potential $50,000 milestone before its halving and how this upward momentum could positively impact SHIB and ELDG.

    Bitcoin (BTC) preparing for a remarkable surge

    Bitcoin (BTC) is no stranger to price surges. Recently, prominent crypto analyst Michaël van de Poppe has sparked anticipation by suggesting that Bitcoin could surge to $50,000 before its next halving event. 

    This optimism is fueled by bullish indicators, including Bitcoin’s rising network activity. Notably, over 700,000 new addresses joined the Bitcoin network on November 4, as reported by crypto analyst Ali Martinez. 

    Not only that, the Bitcoin price even reached $35,902 on November 2 – a level not seen since May 2022. The next Bitcoin halving event, which will occur in April 2024, is historically associated with significant price surges, further contributing to the positive sentiment in the crypto space.

    Shiba Inu (SHIB) riding its coattails

    When Bitcoin experiences a significant price surge, it tends to trigger positive sentiment across the entire crypto market, including Shiba Inu (SHIB). The rise in Bitcoin’s price could propel Shiba Inu to higher levels as investors seek opportunities beyond the leading cryptocurrency.

    In recent Shiba Inu news, the project revealed “The Shib Magazine.” This magazine will offer insights into finance and beyond, demonstrating the project’s commitment to expanding its presence and providing valuable content to its community. 

    Due to all these reasons, experts predict that the Shiba Inu coin price could experience significant growth. They foresee its value reaching $0.00001620 before the BTC halving event within Q2 of 2024.

    Everlodge (ELDG): a hidden gem to watch

    Everlodge (ELDG) will be a unique blockchain-based project to revolutionize the real estate market. With its innovative approach to property ownership and passive income generation, ELDG has the potential to attract a wide range of investors. As Bitcoin’s price soars, the increased interest in the market can lead to greater visibility for hidden gems like ELDG.

    This upcoming property marketplace will digitize and mint real-world properties into NFTs, subsequently fractionalizing them to allow investors access to the global real estate market (valued at over $280T). As these properties appreciate, so do the NFTs associated with them, providing an opportunity for users to benefit from property value growth.

    Furthermore, Everlodge’s Rewards Club offers an additional avenue for passive income. Members can earn free nightly stays across the platform’s properties, similar to timeshare arrangements, with the option to resell these stays, generating a continuous source of passive income.

    But the Club will only be accessible to holders of ELDG native tokens. One ELDG token costs just $0.023 in Stage 6 of its presale. But, demand is high as millions of tokens have been sold already. Additionally, unlike Bitcoin and Shiba Inu – ELDG has a low market cap, meaning it will surge faster. Thus, experts predict a rise to $0.038 before its presale ends. 

    For more information about the Everlodge (ELDG) presale, you can visit their website here.

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  • Shiba Memu price forecast after presale extension

    Shiba Memu price forecast after presale extension

    • Shiba Memu presale was extended for the second time, with the final date now December 30.
    • Interest in the project has been huge, with over $4.37 million raised so far.
    • The Shiba Memu price could rise sharply when the token launches on top exchanges next year.

    Crypto traders and investors are sizing up the market for what could be defining opportunities in this bull cycle. Although the flagship cryptocurrency Bitcoin is expected to lead the new bull market, a few projects are emerging to challenge established altcoins for the breakout coin or token this cycle.

    One of these could be Shiba Memu (SHMU), whose presale just got extended as demand pushed total investment raised to over $4.37 million.

    What is Shiba Memu?

    Shiba Memu seeks to become one of the top cryptocurrencies in the market when it launches next year. Per the project’s whitepaper, the new meme coin has integrated AI to create a marketing powerhouse.

    In this case, Shiba Memu will have a 24/7 marketing approach, with natural language processing and predictive analytics part of the technology that will drive the AI dashboard. Other than publishing its own press releases and feeding these to relevant forums and social media platforms, the AI dashboard will continuously adjust to better its performance.

    Token holders will also be able to engage with the AI dashboard directly, providing feedback and suggestions that the robotastic dashboard will act upon to the benefit of the network.

    Shiba Memu presale extended

    The Shiba Memu network is powered by SHMU, which, while it falls under the category of meme coins like Dogecoin and Shiba Inu, comes equipped with key features like staking to add to the overall utility. Early bird investors have a chance to buy this token during its presale.

    Although an earlier extension had the Shiba Memu presale penned for an October 31 close, demand from across the market has seen this now extended to December 30. It means SHMU will be available at the likely low prices of the sale offer for another 60 days.

    An announcement from the team posted on X on October 31 notes that this wasn’t “just another extension,” but a “strategic move” aimed at positioning SHMU for potential listing on Tier 1 exchanges. It also allows the project to fortify its community, a crucial cog for any project.

    Shiba Memu price prediction

    The Shiba Memu whitepaper earmarks 85% of the total supply of 1 billion SHMU tokens for presale. At its launch, the token’s presale price was $0.011125, and has an innovative feature that sees a daily increase at 6 pm GMT. It means investors could see how long they had before the next price spike.

    Currently, SHMU is priced at $0.039250 and is expected to hit $0.039475 in the next stage. This systematic approach to daily pricing will continue until December 30.

    Analysts project the cryptocurrency’s price could then rise significantly when the token lists on major exchanges. For instance, this outlook could be strengthened if a tier 1 exchnage like Binance were to list SHMU – a move that has recently seen Memecoin (MEME) and Ordinals (ORDI) prices skyrocket. 

    Notably, bullish forecasts for SHMU are based on several critical factors, including the AI narrative, expected crypto bull market and Shiba Memu’s innovative approach to meme coins.

    A similar prospect for Shiba Memu could mean a spike above $0.1 after the tokens hit the secondary market. If it happens, the $0.5-$1.00 price range in the second half of 2024 might be possible.

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  • Bitcoin May Be The Biggest Crypto, But Is This The Best?

    Bitcoin May Be The Biggest Crypto, But Is This The Best?

    Bitcoin (BTC) has long been the most recognizable and dominant player in the cryptocurrency world. BTC started it all and has consistently maintained its position as the gold standard. As the crypto universe expands, new competitors emerge, each with a unique proposition. Among these rising stars is InQubeta (QUBE), an AI-powered cryptocurrency that reve­rberates with possibility and innovation. But can InQubeta truly reign supreme as the best in the crypto space?

    InQubeta has revolutionized the cryptocurrency industry with innovative­ features, such as its deflationary mode­l. Its NFT marketplace has gained re­cognition among influential figures searching for ne­w DeFi crypto to inve­st in for substantial returns. Many crypto analysts are forecasting that InQube­ta will lead the next bull run due­ to its aim of bridging the gap between AI startups and investors.

    This article explores Bitcoin’s dominance and why InQubeta could claim the title of the best crypto.

    InQubeta (QUBE): Pioneering DeFi crypto with potential for the best ROI

    InQubeta, a new DeFi crypto, is making waves as the first crowdfunding platform in the crypto market that promises high returns. Despite Bitcoin’s dominance, InQube­ta shines as the best potential crypto choice by enabling fractional investment in AI-based startups, all facilitated by QUBE tokens. These tokens operate on the Ethereum blockchain, leveraging its robust technology to create a secure and seamless investment ecosystem for startups and investors.

    The brilliance­ of the platform as the best prospe­ct in crypto lies in its ability to mint each investme­nt opportunity as an NFT and then fractionalize it. This means you can invest in a way that suits your budget while enjoying the benefits of being an early supporter. The platform’s tre­nding NFT marketplace takes it further by empowering AI startups to raise funds and offer enticing rewards and equity-based digital assets. Conversely, QUBE token holders can easily invest in the projects they believe in, establishing a unique ecosystem that be­nefits all parties involved.

    QUBE exce­ls in the crypto market as the potential ultimate­ choice due to its nature as a de­flationary ERC20 token. This unique deflationary mechanism offers a valuable investme­nt opportunity for crypto enthusiasts seeking the best crypto investment platform to dive­rsify their portfolios. By imposing a 2% buy and sell tax for a burning wallet and a 5% buy and sell tax for a dedicated reward pool, QUBE e­nables holders to earn re­wards through token staking. This feature makes it particularly appealing to investors who recognize the growth potential of AI technology startups.

    The QUBE toke­n, serving as a governance toke­n, helps position it as one of the best crypto investme­nt platforms. As a governance token, InQubeta gives its holders a say in the decision-making processes of the platform. 

    QUBE holders can propose, discuss, and vote on various aspects of the platform’s development, operation, and future direction. With the increasing participation of investors and startups in the InQube­ta platform, the demand for QUBE is expected to surge, potentially driving up the token’s value over time. 

    By holding and staking QUBE tokens, investors not only position themselves for potential price appreciation but also receive rewards from the dedicated reward pool.

    Bitcoin (BTC): A potential game-changer for cryptocurrency

    As the first cryptocurre­ncy, Bitcoin wields a substantial influence over the crypto market. With BTC breaching the $35K threshold, its trajectory could significantly shift, potentially reaching $64K by the end of 2023, as suggested by historical chart patterns. This optimistic outlook permeates the broader crypto market, propelling altcoins into a bullish ascent.

    Historical data highlights November as a pivotal month for Bitcoin, with gains second only to April. The fourth quarter (Q4) is renowned for yielding the most substantial returns, heightening the anticipation for this upcoming month. Boasting a note­worthy track record, November promises an exhilarating journey for BTC enthusiasts.

    Conclusion

    Bitcoin paved the way in the crypto space, but InQubeta is poised to become the best choice for investors and enthusiasts. With its trending NFT marketplace, de­flationary mechanism, and governance toke­n, InQubeta is revolutionizing the AI se­ctor. Now in its fourth stage, the ongoing presale­ offers an unparalleled opportunity to join the platform. Investors can acquire the QUBE toke­n using major cryptocurrencies such as ETH, BTC, and USDT.

    Visit InQubeta Presale 

    Join The InQubeta Communities

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  • Aragon Association dissolves, tells holders to redeem ANT for ETH

    Aragon Association dissolves, tells holders to redeem ANT for ETH

    Aragon Holders To Redeem ANT For ETH
    • The Aragon Association is the steward of the Aragon (ANT) treasury and assets.
    • Token holders have until November 2, 2024 to redeem their ANT tokens for Ether (ETH).
    • 86,343 ETH from the treasury has been deployed for the redemptions, with the rate at 0.0025376 ETH per ANT.

    Aragon (ANT) holders will have to redeem their tokens for Ethereum (ETH) for the next twelve months, the Aragon Association, a Swiss-based nonprofit supporting the project’s development, has announced. The association is also the legal steward of the ANT treasury and assets.

    What is happening with Aragon (ANT)?

    The Aragon Association revealed it was dissolving amid plans to continue the project’s development in a new “product-focused structure.”

    According to an update from the company, the pivot in focus means there’s no point for users to continue holding ANT. The association  has deployed 86,343 ETH for the process, which accounts for 87% of the treasury and will be sent to a smart contract that will allow autonomous redemptions at the rate of 0.0025376 ETH per ANT.

    “At the end of the redemption period, the redeemed ANT will be burnt and any remaining ETH will be sent to the Ethereum address of the new product-focused structure,” the Aragon Association said in their announcement published on November 2.

    Token holders have until November 2, 2024 at 23:59 UTC to complete the transition, after which the option will no longer be available.

    New chapter for Aragon

    Aragon, which seeks to offer a user-friendly tech stack for decentralised autonomous organisations (DAOs), raised 275,000 ETH (approximately $25m at the time) in 2017. ANT also envisioned a token that would power Aragon Network’s dispute resolution system.

    But while there were successes such as the Aragon Nest grants program and launch of the DAO framework aragonOS, the project faced key challenges in many other goals. For instance, they failed to create a much hyped court system for DAOs and an appchain on the Cosmos blockchain.

    The nonprofit also failed to galvanise its efforts, despite the bull market seeing the treasury grow significantly. According to their announcement, “bureaucratic complexity, misaligned stakeholders, and failed attempts at modifying the governance increased tensions within the project.”

    An effort to vest the treasury’s control to ANT holders failed as users, partners and developers held only a fraction of the ANT supply. This meant a “volatile gap existed between the value of the treasury and the token market cap,” an outlook that jeopardised Aragon’s mission.

    A post on X noted the project needs a total reset.

    The Aragon token price was $4.58 on Friday, down more than 68% from its all-time high of $14.64 reached in April, 2021.

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  • Morgan Stanley bullish on Bitcoin halving; Shiba Inu, BNB, and this new token could soar

    Morgan Stanley bullish on Bitcoin halving; Shiba Inu, BNB, and this new token could soar

    Morgan Stanley, a big investment bank, has just stated that the upcoming Bitcoin (BTC) halving will likely trigger a fresh bull market in 2024. 

    This means that the price of Bitcoin could go up significantly and so will other altcoins. Altcoins that could benefit from this rally include Shiba Inu, BNB, and Everlodge.

    Everlodge the first web3 marketplace for real estate trade

    Shiha Inu and BNB crypto are not the only tokens that can benefit from the Bitcoin halving. One new token that analysts believe will see more gains in 2024 is the Everlodge token, ELDG. Why? You might ask. Global tourism has been growing since the end of the Covid-19 lockdown. 

    Because investing in real estate requires a significant amount of money upfront, only a few wealthy individuals have joined the industry. Everlodge is here to assist and promises to make property investment simpler. They’ve harnessed blockchain technology to turn real estate into NFTs, which can be split into smaller parts. 

    Just so you know, anyone can buy these NFTs for as little as $100. Furthermore, the value of these NFTs rises as the properties appreciate. Additionally, these NFTs have more value than regular ones. During this time, the value of its token, ELDG, surged by more than 100%, going from $0.01 to $0.23.

    Everlodge’s price is expected to continue increasing as the presale proceeds. 

    For more information about the Everlodge (ELDG) Presale you can visit their website or join their community here.

    Shiba Inu moves towards self-custody of assets

    The Shiba Inu (SHIB) team is working on a new feature to allow SHIB coin holders to manage their identity. A Shiba Inu developer, Kaaldhairya, mentioned the news in a comment on October 28th. He talked about a digital ID system for SHIB coin holders. 

    Meanwhile, Shiba Inu developers haven’t shared all the details yet. However, they are counting down 72 hours to the big reveal on October 31st. This new feature, called Self-Sovereign Identity (SSI), is expected to make SHIB more decentralized and make the Shiba Inu ecosystem stronger.

    Also, this would attract more investors and affect Shiba Inu’s price in the long term. The Shiba Inu coin price crossed the $0.00000803 level in October. Analysts have noted that Shiba Inu’s value will rise to $0.00003360 in 2024.

    BNBChain launches multi-signature wallet service

    BNBChain has introduced a new wallet service called BNB SafeWallet. This wallet uses the Gnosis Safe protocol and works on both the Binance Smart Chain and opBNB. According to BNBChain’s blog post, this launch is a big step in making the BSC network more secure. 

    Besides, the BNBChain Safe multi-signature wallet service offers users a safe place to store their digital assets. BNBChain’s native token, Binance Coin has seen huge gains lately. It has broken out of its consolidation phase and increased to $229.25 on October 30th.

    Currently, analysts have looked at the BNB token. They have forecasted that BNB price will increase to $310 in 2024, soaring on Bitcoin’s halving event. Given the bullish predictions, investors are now looking for where to buy BNB.

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  • can it match Bitcoin and Ethereum’s growth?

    can it match Bitcoin and Ethereum’s growth?

    In the rapidly evolving realm of cryptocurrencies, a new player is making waves: Everlodge (ELDG). This burgeoning contender is in its presale phase, yet showing potential to challenge the dominance of established giants like Bitcoin (BTC) and Ethereum (ETH).

    This article delves into Everlodge’s remarkable ascent, exploring whether it has what it takes to rival the market leaders’ supremacy.

    Everlodge’s innovative approach to luxury investment

    Everlodge is setting a new trend in the luxury real estate arena, making it possible for the average person to hold stakes in luxurious vacation properties starting at just $100. By leveraging the power of NFTs, each representing a share of a property, they are dismantling the longstanding barriers to elite real estate ventures.

    All necessary legal and ownership details are carefully encrypted into the metadata of a strong smart contract. The resulting digital tokens are then segmented to allow interested investors to participate in prime real estate opportunities without spending a fortune.

    But there’s more. Everlodge isn’t just a marketplace; it doubles as a launchpad for budding property developers. They can tap into the community, sourcing funds for their ambitious projects. It’s a symbiotic setup – developers get the required capital, and users get a shot at lucrative early-bird opportunities.

    ELDG is the primary currency in the Everlodge world. It serves as the platform’s heartbeat. Holding onto ELDG tokens offers a range of benefits, such as trading discounts and reduced maintenance charges. Token staking provides an opportunity to earn a consistent monthly yield, enabling passive income.

    The buzz is real. Currently, ELDG tokens are up for grabs at just $0.23 each in the sixth phase of the presale. This rate isn’t here to stay, as it is set to keep rising as more people jump on board.

    Once the presale ends, ELDG will debut in tier-one exchanges, potentially catapulting its value. Market whispers hint at a colossal 30x surge post the token’s debut on leading exchanges.

    For more information about the Everlodge (ELDG) Presale you can visit their website or join their community here.

    Evaluating recent Bitcoin (BTC) price movements

    Bitcoin’s journey has been nothing short of a rollercoaster lately. After a promising kick-off to the year, the cryptocurrency took a surprising dip in mid-August, plummeting from $30k to a worrying sub-$25k. The price has since rebounded to the current price of $26.3K.

    So, what’s causing Bitcoin’s fall from grace? The prevailing sentiment is a thirst for fresh liquidity in the Bitcoin market. The buzz surrounding a potential Blackrock ETF did give Bitcoin a short-lived 20% boost, but the uncertainty around the SEC’s verdict has left the market in a lull.

    All eyes are now on the anticipated Bitcoin halving in 2024. Historically, such events have revitalized Bitcoin’s momentum, but the crypto realm remains inherently unpredictable. The consensus is growing that Bitcoin’s resurgence is tied to the approval of the Blackrock Bitcoin ETF.

    With whispers suggesting that an ETF decision might be pushed to 2024, several Bitcoin enthusiasts are exploring other opportunities. Many are gravitating toward the Everlodge presale, eager to secure tokens while they’re still affordable.

    Ethereum (ETH): price resistances and network activities

    Ethereum remains a powerhouse within the DeFi arena, boasting an impressive Total Value Locked (TVL) that exceeds $20 billion across various platforms. Its foundational crypto role and robust developer resources underscore its sustained relevance.

    The allure of Ethereum isn’t limited to individual investors; institutional powerhouses are increasingly swayed by its capabilities, especially in the realm of smart contract development.

    A buzz surrounds the potential unveiling of an Ethereum-centric ETF by Blackrock, which, if realized, would catapult Ethereum into the portfolios of a broader spectrum of investors, promising significant growth.

    However, price-wise, Ethereum is wrestling with challenges. The resistance level within the $2,000 to $2,100 bracket has proven formidable. A recent slip saw Ethereum’s price spiralling downwards by 15% in just one day.

    Coupled with this price dip, a drop in network activity and fears of substantial sell-offs have shadowed uncertainty over Ethereum’s trajectory. This sentiment is underscored by a staggering 50% drop in Ethereum’s TVL since its 2023 peak of $32 billion in April.

    Amidst this backdrop, Ethereum holders are looking over their shoulders at Everlodge, a nascent blockchain project whose potential challenges Ethereum’s dominance. While Ethereum competes in a highly competitive atmosphere with other layer-1 platforms, Everlodge offers a unique product in the $280 trillion real estate market.

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  • Tellor price surges as whales accumulate TRB

    Tellor price surges as whales accumulate TRB

    • Tellor (TRB) price rose to highs of $119 on Monday as bulls looked to close in the green for the first time in four days.
    • TRB price could see a bullishish continuation as whales buy more tokens.
    • Tellor price is just 26% from its all-time-high of $164 reached in May 2021.

    Tellor (TRB) price pumped early Monday as the market looked to continue the positive momentum that has catalysed recent gains for many altcoins.

    According to market data from CoinGecko, TRB price was $117 at the time of writing, up 15% in the past 24 hours. The price surge comes as a bullish break from lows of $96 saw TRB soar past $110.

    What is Tellor?

    Tellor is a decentralised oracle network with smart contracts on Ethereum.  The protocol’s oracle feeds provide for a permissionless infrastructure for bringing valuable off-chain data to smart contracts. Data providers compete for incentives in TRB, while the platform overall benefits the decentralised finance (DeFi) ecosystem.

    Tellor recently deployed on the Manta Pacific mainnet, adding its launch on the network to other EVM- compatible chains including Ethereum and Arbitrum. The oracle feed is also integrated with the Filecoin Virtual Machine.

    Why is the Tellor (TRB) price rising today?

    As can be seen in the chart below, TRB came close to hitting the $120 price level. This is the same price level that marked the point of last week’s rejection and the start of a four-day decline for the altcoin. Bulls are looking to decisively break the four-day red candle streak.

    Tellor price chart. Source: TradingView

    On-chain data sleuth Lookonchain has highlighted that TRB’s price gains today come amid new accumulation by whales. After buoying the uptick from lows of $41 earlier this month, whales are at it again. More than 27,400 TRB worth over $3.18 million have been moved from crypto exchange Binance in the last few hours, Lookonchain posted on X.

    “Whales accumulate $TRB again! 2 whales have withdrawn 27,405 $TRB ($3.18M) from #Binance in the past 5 hours. And the price of $TRB increased 15% today,” the account noted as Tellor pumped.

    The trend was also observable last week as TRB price skyrocketed 28% and 31% on October 23 and October 25. 

    With whales showing continued confidence in the token, its likely TRB/USD could surge past its immediate resistance zone. The next supply wall may be at the all-time-high zone above $160. 

    TRB price reached its ATH of $164 in May 2021, which means bulls are roughly 26% off the peak at current levels.

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