Tag: Altcoin

  • Bitcoin Pepe emerges as a possible go to altcoin as crypto market bleeds

    Bitcoin Pepe emerges as a possible go to altcoin as crypto market bleeds

    Bitcoin Pepe emerges as a possible go to altcoin as crypto market bleeds

    • The crypto market has crashed, losing $1.01 billion in liquidations.
    • Bitcoin (BTC) has plunged below $84k while altcoins like ETH and SOL have slumped 15-20%
    • Bitcoin Pepe’s presale offers a compelling alternative with the price set to rise from $0.0255 to $0.0268 in next presale stage.

    The crypto market is reeling from a brutal wave of liquidations. Over $1 billion in leveraged positions have vanished in the last 24 hours, according to Coinglass data.

    The liquidations have hit traders hard across major exchanges. Bitcoin alone accounted for $396.16 million in wiped-out positions. Ethereum saw $209.58 million evaporate, and Solana’s liquidations reached $70.55 million. Even meme coins weren’t spared—Dogecoin saw over $20 million in liquidations.

    The crypto market erased gains made earlier this week

    Bitcoin (BTC) has plummeted below $84,000 gain, shedding nearly 10% of its value in a single day. The tumble has reversed its rally past $95,000 earlier this week. It has hit an intraday low of $82,467.24 before stabilizing slightly above $83k.

    Ethereum (ETH) followed suit, diving 15% to $2,089, while altcoins like Solana (SOL) and XRP cratered by 20% and 18%, respectively. Cardano (ADA) also plunged 25% to $0.7998 as a majority of the other altcoins bore the blunt of the bloodbath.

    Meme coins were not spared either. Shiba Inu (SHIB) and Pepe Coin (PEPE) have dropped 13% and 18%, respectively, while Sonic (S) and Trump-backed tokens have shed 23% to 25,% respectively. It seems the high-risk corner of the market faced unrelenting exits as fear gripped traders.

    Notably, the crypto market carnage mirrors a broader market slump, with the global crypto market cap tumbling 10% to $2.76 trillion.

    What is causing the crypto market to drop?

    Investors blame CME futures gaps and thinning liquidity for the sudden crypto market drop. Analysts point to liquidity gaps and leveraged bets gone wrong as the culprits.

    Trump’s talk of a strategic crypto reserve couldn’t shield the market from broader economic tremors; the selloff has erased gains sparked by optimism over President Donald Trump’s pro-crypto moves.

    Besides the liquidity gaps, economic factors are also to blame for the crypto crash. Trump’s new 25% tariffs on imports from Canada and Mexico have sparked trade tensions.

    Canada and Mexico supply a third of US goods, and the tariffs threaten growth and stoke inflation fears.

    Following the introduction of the tariffs, American stocks also tanked alongside crypto, with the Dow Jones falling 650 points. The VIX index also jumped to 22, signaling rising market panic.

    Historically, cryptocurrencies falter when fear dominates, pushing investors to the sidelines.

    Bitcoin Pepe emerges as a haven for crypto investors

    Amid this chaos, Bitcoin Pepe stands out as a bold contender. Pitched as the “World’s Only Bitcoin Meme ICO,” blending Bitcoin’s durability with meme coin flair, the project aims to build a Meme Layer-2 for Bitcoin, promising instant transactions and ultra-low fees. Its PEP-20 standard lets users launch memecoins on Bitcoin’s blockchain.

    Unlike the currently bleeding altcoins and memecoins, Bitcoin Pepe is currently in its presale stages, which are structured to ensure the price rises with each presale stage progression.

    The presale is gaining traction despite the market rout. Currently in stage 5 of 30, the presale has raised $3,690,133. The current price sits at $0.0255 and is set to rise to $0.0268 in the next stage.

    The project’s smart contract has already been audited by SolidProof, offering a glimmer of credibility in a sea of uncertainty.

    Interested investors can connect wallets and buy in, betting on its vision of “Solana on Bitcoin” as a lifeline. The project’s whitepaper and roadmap pitch a future where meme coins thrive on the “only chain that will live forever.”

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  • iDEGEN hits $1.6 million as AI tokens bid to join altcoin party

    iDEGEN hits $1.6 million as AI tokens bid to join altcoin party

    The birth of iDEGEN: a new era of community-powered AI

    iDEGEN has hit the crypto market running, riding a major bullish mood engulfing the entire market.

    This comes as traders cheer Bitcoin’s massive and record monthly green candle. As the benchmark crypto looks to break the sell wall at the $100k level, several altcoins are toying with levels that have traders excited.

    Amid the market-wide buzz is an aggressive positioning across the artificial intelligence related space. Some of the best performing tokens in the last few months have been AI tokens, which has analysts pointing to the real upside as one ahead.

    Does this make iDEGEN the biggest opportunity among AI tokens as the bull run shapes up? Here’s more.

    Altcoins eye rally

    While Bitcoin has struggled with the sell wall at $100k, bulls remain upbeat amid a rising supply shock. Demand for the flagship cryptocurrency has seen multiple publicly-listed companies announce major moves to buy BTC.

    The bullish predictions for Bitcoin have also extended to top coins Ethereum, XRP, Solana and Cardano.

    However, analysts are most bullish about small caps and gems in emerging crypto market segments. In 2025, the most profitable tokens are likely in AI. Notably, it’s AI agents that have the market in alert mode. This subsector of the AI and crypto merge has received massive traction after platforms like Terminal of Truth made Goateus Maximus a bull market sensation.

    According to crypto analyst Miles Deutscher, the industry has yet to hit even 0.01% of what these projects can offer.

    “From Adobe to Expedia, many top corporations have built & integrated AI Agents in the past 1-2 years. This trend is only going to increase,” Deutscher said.

    iDEGEN races to $1.6 million presale raise

    iDEGEN’s freelance operation with its launch based on zero knowledge is purely dependent on the real time interactions with users on X. Currently in its presale phase, the iDEGEN token has raced to over $1.6 million.

    This comes as tokens sold in the past week surges to over 385 million, adding to IDGN token’s viral spike after raising over $1 million in just over 72 hours.

    IDGN is “sentient” and “degenerate”.

    Ideally, iDEGEN is an AI project that engages the crypto community through X, tweeting every sixty minutes as its learning evolves. The design starts with a blank AI, but degens have the opportunity to teach it and help it take over crypto twitter.

    As an AI powered “born and raised” agent, iDEGEN has the potential to grow into what the crypto degen community wants. The native token IDGN could evolve similarly, following this trend to surpass GOAT and others.

    iDEGEN will launch in January, and investors have a chance to buy early into a sector at the cusp of a major breakout. Top industry players are making moves that mean the whole sector is only getting started.

    At $0.0201, IDGN is still a relative bargain for a token that could go 100x or more in the next bull cycle.

    Do you want to learn more about iDEGEN or how to buy IDGN? Visit the official presale page.

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  • New altcoin outshining Ethereum and Shiba Inu as Morgan Stanley calls crypto winter end

    New altcoin outshining Ethereum and Shiba Inu as Morgan Stanley calls crypto winter end

    Morgan Stanley Wealth Management has called the end of the extended crypto bear market, indicating that the crypto spring is on the horizon. The crypto market has been projected to rally to a new high in this new bull market. Ethereum and Shiba Inu have already recorded significant gains as the crypto market enters a bull phase.

    There have been dark horses that outperformed the crypto market in previous bull cycles. Analysts have identified a potential dark horse for this bull market. Read on to find more information.

    Shiba Inu reclaims a major resistance level: devs hint at major changes 

    Shiba Inu has struggled in 2023, despite the gains recorded in the broader crypto market. However, the Shiba Inu coin joined the recent market rally, increasing past a key resistance level at $0.000008000. 

    SHIB also rallied above its 200-day Exponential Moving Average (EMA). This level holds significance as it historically acts as a barrier between the bearish and bullish territories. With this bullish trend, crypto analysts have predicted a potential Shiba Inu price increase. 

    If the price of Shiba Inu holds the $0.00000800 support, it has been forecasted to rally to $0.000012000. This prediction was strengthened by the recent updates shared by the Shiba Inu development team.

    The team hinted that the product will be a potential game changer in the crypto space. Other SHIB developments that could spur a Shiba Inu value increase include ShibaSwap and its Self-Sovereign Identity (SSI) feature.

    Ethereum reclaims $2,000 on spot ETF excitement, analyst predicts 80% increase 

    The price of Ethereum has surged past $2,000 for the first time in more than seven months over spot ETF excitement. 

    The rally was ignited by reports of BlackRock registering for a spot at Ethereum ETF in Delaware. Because of this, analysts are bullish about Ether. A popular crypto analyst, Kyle Doops shared his bullish predictions for the price of Ethereum.

    According to the Ethereum chart shared by Doops, a pattern for an enormous 80% move has been formed. Based on his Ethereum price prediction, ETH could outperform Shiba Inu and rally to $3,600 in the coming weeks.

    In the short term, while ETH remains above the $1,979 level, the trajectory of the leading altcoin remains decisively positive.

    Meet the crypto bull market dark horse, Meme Moguls

    Ethereum and Shiba Inu were top performers in previous bull markets. However, while they have been predicted to record substantial gains in the coming bull market, they will be outperformed by new crypto, Meme Moguls (MGLS).

    Meme Moguls meet the requirements of dark horses in previous bull markets – launching in a unique market. It has introduced what will be the world’s first meme-backed stock market-style exchange.

    As a trailblazer, the project aims to help investors become their own moguls in the $17.9 trillion meme coin market. The unique placement of MGLS as the token to power this ecosystem gives it enough potential to outperform ETH, SHIB, and the rest of the crypto market. Join now for only $0.0019.

    To learn more about Meme Moguls, Visit Meme Moguls.



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  • Learn about OKT, a Cosmos-based altcoin now defying a bear market

    Learn about OKT, a Cosmos-based altcoin now defying a bear market

    • OKT token rose by double digits last week

    • The cryptocurrency has been boosted by new partnerships

    • OKT is correcting but remains on an uptrend

    OKT, the cryptocurrency native to the OKX Chain, made headlines last week. The cryptocurrency rose by double digits to end the week at $27 after trading at just $17 seven days earlier. OKT has since cooled and traded at $22 as of press time. A spot technical check shows that the token has been on an uptrend for more than a month. What has been boosting the price?

    OKX is a Cosmos IBC-linked blockchain. It is EVM-compatible and focuses on true interoperability for high performance. The blockchain dubs itself the next-gen platform for decentralised applications. OKX Chain’s Web3 wallet allows users to manage their portfolio of NFTs and tokens. 

    OKT’s gains come on the back of positive cryptocurrency news of the OKX Chain. The blockchain announced partnerships with social gaming platform Candy Club, DEX network Lovely Swap, and meme asset Chihuahua Chain. The other firm in the latest wave of collaborations was market analytics firm Nansen. The collaborations increase the utility of OKT since the cryptocurrency will be employed in a number of related use cases. Investors have been taking note and buying the little-known token.

    OKT corrects after meeting resistance at $27

    OKT/USDT Chart by TradingView

    A technical outlook shows OKT on a clear uptrend but currently correcting. The moving averages are bullish for the cryptocurrency and provide support. The RSI hit the overbought levels but shows a correction underway. The reading is still above the midpoint. 

    Will OKT continue rising?

    The future price action for OKT will depend on how the key collaborations will continue to drive it. It should be remembered that the broader market sentiment is bearish. So, OKT should be looked at with the bearish sentiment in mind. 

    For investors looking to buy OKT, the level around $19 should be watched. The formation of bullish signals at the level could attract buyers and push the price higher again.

    Where to buy OKT

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  • This little-known altcoin has jumped by 50% in a week. Arweave token (AR/USD)

    This little-known altcoin has jumped by 50% in a week. Arweave token (AR/USD)

    Arweave (AR) cryptocurrency logo against a global background

    As digital assets continue to endure a crypto winter, Arweave is crafting a name for itself. The cryptocurrency nearly doubled in value in November. The monthly lows remain at $10, with the highest at $17.8 on November 3. Arweave’s token has fallen back to $10.8, and investors could be looking at it as a potential buy on the dip. Should you? 

    Arweave is a Decentralised Storage Network or DSN. It allows people needing extra computer storage solutions to connect with those with extra capacity. Arweave is unique in that it permits permanent storage for a single payment. That makes Arweave different from other blockchain-related storage solutions like Filecoin, which involve multiple payments.

    Arweave token (AR/USD) has been of interest to investors this month after impressive cryptocurrency news. Meta had announced that it would use Arweave to store its non-fungible tokens on its social media platform. That emphasises that big corporations see the opportunity offered by the blockchain platform. The question now is, can the token sustain the bullish momentum it started this month?

    AR on a retracement after the latest gains

    Source – TradingView

    Technically, AR met resistance at the $17.8 level. The zone is a long-term resistance that the cryptocurrency has retested severally in the past. The level is the swing high on the Fibonacci retracement, while the swing low is $8.4.

    From the daily chart above, the Fibonacci retracement levels are $10.681 (23.6%), $12.052(38.2%), $13.16(50%), and $14.27(61.8%). The token is testing the 23.6% Fib level. The MACD indicator is bullish, but momentum is waning. 

    Should you buy AR?

    While the latest price action is positive for AR, we remain cautious about sustainability. The $17.8 level remains a stumbling block for further upside. Coinciding with a weak crypto sector outlook, a sustained price recovery may be hard to register for AR.

    Should a bullish momentum remain for AR, we expect a retest of the $17.8 resistance. On the flip side, AR could next test the $10 support. Also, watch the Fib levels for potential price corrections.

    Where to buy AR

    Binance

    Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

    Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.


    Buy AR with Binance today

    KuCoin

    Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies.

    Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods.

    Users can benefit from a beginner-friendly interface and relatively low fees.


    Buy AR with KuCoin today

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  • Oversold RSI Could push Decentraland (MANA) up significantly in the near term

    Oversold RSI Could push Decentraland (MANA) up significantly in the near term

    The last 7 days have been bitter-sweet for Decentraland (MANA). After initially falling, the coin has started to gain some upward momentum albeit it hasn’t been that much. But an RSI reading suggests that a potential bull run is possible. Here are the main facts:

    • RSI readings show MANA is now oversold, suggesting the risk of a major sell-off is low.

    • With limited downside risk, MANA could bounce back steadily in the near term.

    • The coin could surge by 50% in this bullish setup.

    Data Source: Tradingview 

    How can MANA smash $3?

    The recent uptick in bullish momentum has not been that huge. But it has been enough to bring MANA above a crucial support zone of around $2. Bulls have done quite well to keep the price action above this. As the price consolidates, we expect it to push further towards the overhead resistance of $2.3. 

    The Relative Strength Index or RSI appears to suggest that this is actually more likely. You see, in recent days, RSI readings have moved towards the oversold territory. This basically suggests that the risk of any major sell-off as far as MANA goes is very low. 

    As a result, the only way is up. If indeed MANA is able to breach overhead resistance at $2.3, then it is a matter of time before it reaches $3. The biggest challenge however will be to maintain the price action above $3.

    How can investors profit from this bullish setup?

    There are two ways to profit from this MANA bullish setup. First, you can buy above the $2 support. As the token tests $2.3, you can either exit or bet on it, hitting $3. Either way, a run towards $2.3 still makes you 15%.

    Secondly, you can wait for the coin to breach overhead resistance at $2.3. MANA will likely surge to $3 after that, delivering gains of around 25%.

  • Terra (LUNA) aims to smash past $100 in the coming days

    Terra (LUNA) aims to smash past $100 in the coming days

    We have seen some decent positive momentum for Terra (LUNA) over the last three trading sessions. The coin however appears to have stagnated but there is still more upside for growth. Here are some key facts to note:

    • LUNA has fallen sharply from its $119 highs at the beginning of April.

    • The coin is however consolidating and could surge towards $100 in the days ahead.

    • This will represent a 15% upswing from the current price.

    Data Source: Tradingview 

    How soon will LUNA hit $100?

    After recording modest gains over the last two sessions in a row, LUNA appears to have stagnated. The coin is largely trading sideways, but this is actually a good thing. It means we are seeing some price consolidation following the steep correction LUNA reported after hitting $119 on April 5. Once this consolidation is done, LUNA bulls will likely take over.

    This will happen in the next few days, in fact, we expect LUNA to test $100 at the beginning of trading next week Monday. The run will represent a 15% gain from its current price. The key for bulls however will be to see off any sell-off after hitting the $100.

    As we have seen with many coins this year, when a decisive bull run breaks out, investors are locking profits at crucial resistance zones. The $100-mark is one such resistance for LUNA, and if bulls decide to lock profit at this price, a fall; towards $80 will be inevitable. But in the short term, the possibility of a $15 – 20% gain is highly likely.

    How far can the uptrend go?

    We are not sure there will be enough bullish momentum to take LUNA above $100. In fact, this price will be a huge supply zone.

    Unless something drastic happens, the upswing potential for the coin is severely limited for now. But if the token can sustain gains above $100 for a few days, then a surge towards $120 is not out of the question.

  • Harmony (ONE) reports an extensive rebound – Will the uptrend last?

    Harmony (ONE) reports an extensive rebound – Will the uptrend last?

    Harmony (ONE) had suffered a major sell-off at the start of April. The coin in fact hit the lowest level since the tail end of February and was looking bearish. But so far, it seems like the token is rebounding. How long can this uptrend last? Learn more below but first, here are key takeaways from the article:

    • Harmony has managed to maintain strong support at $0.1130 in recent weeks.

    • The coin has surged by 6% in the last 24 hours albeit it remains 10% down for the week.

    • The rally over the last few days seems unlikely to last that long.

    Data Source: Tradingview 

    Harmony (ONE) – Why the recent uptrend will fade?

    There is a very big difference between a rebound and a trend reversal. When coins go through a sustained bearish period, they are likely to rebound slightly but overall, the bearish conditions still remain. This is the exact case with Harmony (ONE). 

    Although the coin has posted some decent gains in the last few days, we don’t expect the medium-term bearish trend to reverse. In fact, ONE still remains well below its 25- and 50-day SMAs. Besides, a look at the chart shows that coin has formed an inverted cup and handle pattern. 

    These two indicators suggest that a bearish trend is still expected. Perhaps the good news for ONE investors is the fact that the coin is still trading above the crucial support zone of $0.113. But if this price is breached, more losses will follow.

    How to play the Harmony (ONE) setup?

    There is a massive downside risk with Harmony right now. The best thing to do as an investor is to watch the price action this week. If bulls manage to maintain the $0.11 support, then you can buy and exit at 20% gains max. 

    The potential upside for ONE remains significantly low. But if the support is breached, give it another week to consolidate before you buy.

  • Solana (SOL) struggles at a crucial resistance – Here is why it could drop further

    Solana (SOL) struggles at a crucial resistance – Here is why it could drop further

    Solana (SOL) has struggled to report any gains after trading in losses over the last three sessions in a row. The coin now looks very weak, and unless something drastic happens, it’s headed for further decline. Here are some highlights:

    • SOL has fallen sharply in the last 24 hours, dropping by almost 10%.

    • The coin still remains above a crucial $100 support zone

    • But this is unlikely to hold in the coming days

    Data Source: Tradingview 

    Solana (SOL) – How far can it fall

    After surging at the end of March, SOL slowed sharply in April. The coin has fallen from its $140 highs and is now just above the $100 mark. SOL even managed to push below its lowest price in March of $107. This could suggest that we are on the brink of a trend reversal that could see more losses follow. 

    In fact, if bulls lose the crucial psychological support zone of $100, then the only way for SOL will be downwards. The $100 and the $93 support zones have proved very strong in the past. While there may be some resilience in the days ahead, the $100 will be lost, and bulls will try to consolidate at $93. 

    But if $93 is also lost, SOL will enter an intense downward spiral that could bottom at $77 before any leg up. This will represent a loss of nearly 30% from its current price and almost a 100% decline from its highest price in March.

    Is it good to own Solana?

    Solana is a big project, and if you don’t have it yet, this would be a nice time to buy it. However, because there is a significant downside risk, you may want to wait for a week or so. 

    Based on current indicators on the chart, SOL is likely to bottom. When that happens, you can buy and hold SOL for the future.

  • Decentralized Social (DESO) shows bullish signs even as the rest of the market slows

    Decentralized Social (DESO) shows bullish signs even as the rest of the market slows

    The broader crypto market has started the new week the same way it ended last week. Most coins have continued to report losses. But in the middle of all this, Decentralized Social (DESO) appears to be holding steady in fact; the coin is relatively bullish compared to the rest of the market. Here is what you need to know:

    • DESO has surged by nearly 10% over the last 24 hours, outperforming the market.

    • The coin also remains well above a crucial support zone of $37.5

    • But massive whale holdings open DESO to wild volatility

    Data Source: Tradingview 

    Decentralized Social (DESO) – The price action

    As noted above, DESO has managed to outperform the whole market by a mile. As most coins see single-digit drops today, DESO has surged by over 10% over the last 24 hours alone. The coin has now gained nearly 70% from its lowest point in 2022 and looks to keep going. 

    Besides, DESO remains above the crucial support zone of $37.50. As long as bulls keep the price action above this, then we could see DESO thrust towards $54 in the near term. The biggest risk factor, however, is massive whale accumulation for this coin.

    This makes it prone to wild volatility if big wallets decide to sell. In fact, a scenario where DESO loses the $37.5 support is possible. This could bring massive sell-off pressure and push the price downwards.

    Is DESO a profitable asset?

    Well, it is and it depends on how you want to play the current setup. DESO may still add at least 20% of its value before it corrects, so there is a short-term play here. This will however depend on whether whales decide to sell or not. 

    Also, DESO is fairly decent as a long-term asset. We believe the coin has the potential to touch $100 by the end of 2022, which will be a 100% return.