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Tag: Bull

  • Helium token jumps 36%. Is this a bull trap?

    Helium token jumps 36%. Is this a bull trap?

    • Helium token rose by 36% on Thursday before correcting

    • Helium powers IoT devices through its “hotspots”

    • The cryptocurrency remains on a clear downtrend

    A few cryptocurrencies embarked on relief rallies on Thursday, although a low-cap coin was among the top gainers. Helium (HNT/USD), a cryptocurrency ranked #91 by market cap, rose by 36% before shedding nearly half of the gains by Friday. In an exceedingly bearish crypto market, the small-cap token warranted investors’ attention. What is it?

    Helium is a blockchain-powered network that was created in July 2019. It is made to power Internet of Things devices. For instance, it enables wireless devices to communicate and share data through its nodes or “hotspots.” The network also lets users profitably earn by sharing their broadband.

    You would be forgiven for thinking that Helium is less used. Companies that use the IoT technology service of Helium include Abeeway, Agulus, and Airly. The network has been witnessing increasing growth and now connects nearly 1,000k hotspots. In September, Helium announced a migration to Solana to grow its ecosystem. That was after more than 6,000 members voted in favour. The goal of moving to Solana was inspired by the need to cut reliance entirely on its network.

    While Helium token price could be earning boosts from the recent changes, the price is unconvincing. Trading at just $2.0, HNT remains on a clear downtrend. The cryptocurrency has lost 96% of value since its $57 all-time high price in November 2021. The cryptocurrency faces resistance at the 50-day MA.

    Helium token rejected at the 50-day MA

    HNT/USD Chart by TradingView

    Helium outlook shows the price coming under pressure as it touched the 50-day MA. From the volume indicators, a price spike happened at $1.6, indicating that buyers were very active. The cryptocurrency traded with an intraday 1,500% jump in volumes at the bottom price.

    What next for HNT?

    Despite the intraday gains, HNT price lacks a clear path to recovery as the trend is still bearish. The gains could be a bull trap, especially after getting rejected at the moving averages.

    Where to buy HNT

    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 HNT with Binance today

    Vindax

    VinDAX Exchange has been live for cryptocurrency trading for global users since March 2019. VinDAX focuses on providing exchange services for digital cryptocurrency transcations with high security level, excellent efficiency and well-optmized trading fee.


    Buy HNT with Vindax today

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  • Is Shiba Inu (SHIB/USD) bull run over? Here is the technical outlook

    Is Shiba Inu (SHIB/USD) bull run over? Here is the technical outlook

    Cryptocurrencies continue to slide in a new week despite enthusiasm settling in previously. Shiba Inu (SHIB/USD) is one such cryptocurrency that posted massive gains. That allowed SHIB to overcome $0.000012 resistance, a key level that has always been watched as a price pivot. Consequently, SHIB went higher to a nearly 3-month high of $0.000015 on October 29.

    At $0.000010, SHIB has suddenly become bearish. That comes after a key technical level at $0.000012 failed to hold. The losses come amid concerns about huge amounts of SHIB being moved from the embattled FTX exchange. Etherscan data showed that whales transferred almost 1.5 trillion SHIB from the FTX exchange. The movement coincided with a nearly 10% price decline in SHIB on the same day.

    SHIB slides below the $0.000012 support as weakness mounts

    Source – TradingView

    A technical outlook shows SHIB trending down after bulls failed to hold firm the $0.000012 level. The price has also lost the 20-day and 50-day moving averages, underlining increasing bear pressure.

    The relative strength index shows a sharp selloff. The token is yet to hit the oversold levels, with the reading below the midpoint. 

    What next for SHIB?

    Shiba Inu is currently under the control of bears. A weak momentum and bearish indicators reinforce a further drop in the price.

    The area around $0.000008 is the next to watch should bulls fail to arrest the current weakness in SHIB. If bulls enter positions, SHIB price could rise to find resistance at $0.000012 again. A potential bullish momentum will be confirmed by a price recovery above the $0.000012 resistance. 

    Buyers should keep off SHIB for now until a proper bull confirmation. However, surprise recoveries on new developments should be monitored as SHIB is already known for that.

    Where to buy SHIB

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy SHIB with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy SHIB with Bitstamp today

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  • Crypto Whales Scoop Up $35M in Shiba Inu (SHIB), Signaling Bull Season

    Crypto Whales Scoop Up $35M in Shiba Inu (SHIB), Signaling Bull Season

    Shiba Inu (SHIB) price has increased by over 15% in a week as whales scoop up large amounts of the token. The transactions suggest that there might be a large group of whales stocking up on SHIB.

    Whales are heading over to meme coin Shiba Inu as large holders have purchased over $35 million in a day. The transactions have taken place as the price has been increasing considerably.

    SHIB is up over 11% in the last 24 hours, with a trading volume that exceeds $617 million.

    One whale bought about 119.3 billion SHIB, just as the token was breaking its resistance level. Another one bought a whopping 3.36 trillion SHIB, worth about $33.6 million. Remarkably, these are both new whales and both transactions took place in a span of 24 hours.

    Whales stock up on Shiba Inu (SHIB)
    Whale piling up SHIB: Etherscan

    As a meme coin, Shiba Inu can be unpredictable when it comes to its price. However, there have been some major developments happening in the ecosystem. The market has also been improving generally, with all assets seeing high price bumps over the past few days.

    Fellow meme coin DOGE also saw a huge increase in price, with the token increasing by over 21% in value. This bodes well for those who go after meme coins, though the price spike might not last long.

    SHIB Burn Rate Also Increases Massively

    The increase in SHIB price comes as the burn rate also spikes. The SHIB Burn tracker shows that the burn rate has risen by a massive 1,934% in the last 24 hours. This could be one of the reasons behind the price bump.

    SHIB has gone up in price by over 15% in the last week. The token is now $0.00001161, having been at around $0.00001001 seven days ago. The token has now crossed the $6 billion mark for the first time in nearly three weeks.

    Users Can Pay for Netflix and Amazon (Indirectly) Using SHIB

    There have been reports that SHIB holders may soon be able to pay for Netflix and Amazon services indirectly using SHIB. The payment feature comes thanks to FCF Pay, which says that it will soon support SHIB in its prepaid debit cards.

    Users are not paying for Netflix and Amazon directly. Rather, they are paying for the services through FCF Pay’s prepaid debit card and whatever crypto assets it supports.

    What the payment services provider does is convert the crypto asset into fiat at the point of purchase. Another move forward in terms of adoption is the fact that real estate brands Pacaso and Condos.com will also accept SHIB via BitPay.

    Disclaimer

    All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.



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  • Dogecoin and Shiba Inu Price Prediction: 50% Bull Rally on The Horizon

    Dogecoin and Shiba Inu Price Prediction: 50% Bull Rally on The Horizon

    The Shiba Inu (SHIB) price has broken out from a descending wedge pattern and is moving towards the top of its range high.

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  • These 3 play-to-earn tokens could return massively once the bull market returns

    These 3 play-to-earn tokens could return massively once the bull market returns

    Play-to-earn (P2E) games, digital platforms that let users earn rewards by playing, are gaining popularity. Their concept of allowing gamers to monetise their games has boosted the value of their in-game currencies. Cryptos native to Decentraland, Sandbox, and Axie infinity has the potential to rally post the bear market.

    Decentraland MANA

    Topping is Decentraland (MANA/USD), an Ethereum-based token, ranked # 47 with a valuation of $1.3 billion. It powers Decentraland, a blockchain comprising Games, NFTs, and user-managed experiences. The Decentraland concept is big on LAND NFTs, also referred to as virtual platforms that enable users to interact.

     Source: Tradingview

    From the daily chart, MANA is consolidating at $0.603 support after a trend of lower highs and lower lows. If the level does not hold, the token could find lower support. On the contrary, $0.671 is the immediate resistance.

    Where to buy MANA

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy MANA with eToro today

    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 MANA with Binance today

    The Sandbox SAND

    Second on the best P2Es to watch is Sandbox (SAND/USD), currently trading at $0.7472, with a market cap of $1 billion. Although the price is a fraction of its $7.5 ATH, the platform is ranked as one of the largest GameFi platforms. Sandbox has been attracting corporate investors, the latest being Paris Hilton for cryptoween experience.

    Source: TradingView

    According to the daily chart above, SAND has been on a strong sell-off. The possible retracement levels in the next leg up are $0.86, $0.95, $1.03, and $1.10, all at the Fibonacci levels.

    Where to buy SAND

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy SAND with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy SAND with Bitstamp today

    Axie Infinity AXS

    The NFT-based online game, developed by Sky Mavis, had significant success last year. Its native token, AXS, traded at the peak of $160. However, the crypto winter has since eroded the gains to as low as $9 at the moment, representing a market cap of $1 billion. As CoinJournal reported, news of unlocking more Axie Infinity Shards contributed to the latest decline.

    Despite the huge selloff, Axie Infinity remains a strong P2E platform, recently releasing Game Raylights, the first blockchain land mini-game. With its popularity among play-to-earn investors, it has the potential to return big gains in the next bull run.

    Source: TradingView

    AXS lost $12 support on October 5. The momentum indicator, RSI, is at 33, above the oversold zone, meaning AXS could be due for a trend reversal.

    Where to buy AXS

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy AXS with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy AXS with Bitstamp today

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  • These 3 play-to-earn tokens could return massively once the bull market returns

    These 3 play-to-earn tokens could return massively once the bull market returns

    Play-to-earn (P2E) games, digital platforms that let users earn rewards by playing, are gaining popularity. Their concept of allowing gamers to monetise their games has boosted the value of their in-game currencies. Cryptos native to Decentraland, Sandbox, and Axie infinity has the potential to rally post the bear market.

    Decentraland MANA

    Topping is Decentraland (MANA/USD), an Ethereum-based token, ranked # 47 with a valuation of $1.3 billion. It powers Decentraland, a blockchain comprising Games, NFTs, and user-managed experiences. The Decentraland concept is big on LAND NFTs, also referred to as virtual platforms that enable users to interact.

     Source: Tradingview

    From the daily chart, MANA is consolidating at $0.603 support after a trend of lower highs and lower lows. If the level does not hold, the token could find lower support. On the contrary, $0.671 is the immediate resistance.

    Where to buy MANA

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy MANA with eToro today

    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 MANA with Binance today

    The Sandbox SAND

    Second on the best P2Es to watch is Sandbox (SAND/USD), currently trading at $0.7472, with a market cap of $1 billion. Although the price is a fraction of its $7.5 ATH, the platform is ranked as one of the largest GameFi platforms. Sandbox has been attracting corporate investors, the latest being Paris Hilton for cryptoween experience.

    Source: TradingView

    According to the daily chart above, SAND has been on a strong sell-off. The possible retracement levels in the next leg up are $0.86, $0.95, $1.03, and $1.10, all at the Fibonacci levels.

    Where to buy SAND

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy SAND with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy SAND with Bitstamp today

    Axie Infinity AXS

    The NFT-based online game, developed by Sky Mavis, had significant success last year. Its native token, AXS, traded at the peak of $160. However, the crypto winter has since eroded the gains to as low as $9 at the moment, representing a market cap of $1 billion. As CoinJournal reported, news of unlocking more Axie Infinity Shards contributed to the latest decline.

    Despite the huge selloff, Axie Infinity remains a strong P2E platform, recently releasing Game Raylights, the first blockchain land mini-game. With its popularity among play-to-earn investors, it has the potential to return big gains in the next bull run.

    Source: TradingView

    AXS lost $12 support on October 5. The momentum indicator, RSI, is at 33, above the oversold zone, meaning AXS could be due for a trend reversal.

    Where to buy AXS

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.


    Buy AXS with eToro today

    Bitstamp

    Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

    Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.


    Buy AXS with Bitstamp today

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  • Will Flasko (FLSK) be the Shiba Inu (SHIB) and Solana (SOL) of the Next Bull Run? – CryptoMode

    Will Flasko (FLSK) be the Shiba Inu (SHIB) and Solana (SOL) of the Next Bull Run? – CryptoMode

    Each bull run has new shiny projects that steal the show. The 2020 – 2021 bull run had several cryptocurrencies that increased significantly in value.

    Shiba Inu (SHIB) gained a massive 46,000,000% in 2021. Although it is just a meme coin, it outperformed several cryptocurrencies by a mile. Solana (SOL) was another big gainer as its price skyrocketed from under $1 in 2020 to a high of $258 in 2021.

    The hunt for the next crypto gem is on, and Flasko is a new cryptocurrency project that investors should seriously look at.

    Also Read: BlueZilla Launches LUNCHBOX – Decentralized Prediction Platform for $LUNC Burning

    How Shina Inu (SHIB) and Solana (SOL) Succeeded in the Last Bull Run

    Shiba Inu (SHIB) had a roller coaster ride as its market cap soared beyond what many thought possible. Shiba Inu’s token, SHIB, made significant gains that are a cocktail of many factors.

    Shiba Inu (SHIB)’s value rose as several cryptocurrency exchanges listed the SHIB token. This increased Shiba Inu’s community because many people had access to it.

    A strong community is one of the key components that drive the success of a cryptocurrency project. A good example is Chainlink, a leading cryptocurrency that owes much of its success to work done by a community known as the Link Marines.

    The launch of the ShibaSwap decentralized exchange was another key factor that contributed to Shiba Inu’s historic run. The decentralized exchange allowed SHIB holders to stake their tokens and earn passive income. This incentivized holding and, in the long run, romped up SHIB’s demand.

    And Shiba Inu’s biggest secret weapon is its ability to create social media buzz. It is common knowledge that a cryptocurrency can surge significantly if it can create social media hype. Shiba Inu (SHIB) did just that, and crypto investors’ appetite for the meme coin increased.

    Shiba Inu’s success was one-of-a-kind. However, other cryptocurrency projects, such as Solana (SOL), had a great run too.

    Solana (SOL) is a layer 1 blockchain that competes with the likes of Ethereum. Its major selling point was that it was faster, cheaper, and more scalable than Ethereum. In essence, it had great utility and was solving a problem that the blockchain world required. 

    Will Flasko Headline the Next Bull Run?

    No one knows when the next bull run will be, but it is coming. And when it comes, will Flasko be in the headlines?

    Flasko is an alternative investment platform that aims to bring the world of whiskeys, wines, and champagnes to the cryptocurrency sector. Flasko claims to be the first to go this way. This gives Flasko a big headstart. 

    Flasko has great tokenomics, with a significant portion of its total token supply reserved for marketing, partnerships, and exchange listing. 

    If the FLSK token is listed on major exchanges, this could unlock new potential investors. This increases liquidity and, in turn, drives FLSK’s price higher. 

    As it reaches more people, Flasko will likely build a bigger, strong, and more vocal community that would support the project. 

    Flasko seems to have what it takes to be the Shiba Inu (SHIB) or Solana (SOL) of the next bull run. However, what matters more is that investors start buying the FLSK token during the ongoing Flasko presale.

    Website: https://flasko.io

    Presale: https://presale.flasko.io

    Telegram: https://t.me/flaskoio

    Twitter: https://twitter.com/flasko_io

    Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff. 

    CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio.
    Contact us if you have any questions: [email protected]
    None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.



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  • Shiba Inu and Dogecoin Will Lead Next Bull Run – Predicts David Gokhshtein

    Shiba Inu and Dogecoin Will Lead Next Bull Run – Predicts David Gokhshtein

    David Gokhshtein, a former candidate for the US Congress who is now an entrepreneur and the head of Gokhshtein Media, has once more stated his support for two significant meme coins: Dogecoin and Shiba Inu.

    But in prior tweets, he added that he had been using bitcoin and Ethereum for a long time and believed that XRP was on the way, whether people liked it or not. David supported Shiba Inu in 2022 with a number of his tweets and has been enthusiastic about Dogecoin since last year. His primary point in his tweet on meme currencies is that both Doge and SHIB have attracted many new users to bitcoin and the cryptocurrency industry. particularly and will contribute greatly in the future.

    His most recent tweet similarly resembled this. On October 17, he tweeted that despite the frequent discussion around meme coins, they would eventually “bring new retail purchasers into the crypto business.” Gokhshtein openly acknowledged that he had not gone to SHIB in a tweet, explaining that the “Dogecoin killer” myth had kept him away. But he claims that when the next crypto bull market starts, meme currencies are going to go parabolic.

    SHIB Price

    At the time of writing, SHIB is trading at $0.00001007which is a 0.08% price increase, In the last 24 hours, it has traded as low as $0.000009723 and as high as $0.00001016. The trading volume in the last 24 hours is $166,803,779 and a market capitalization of $5,531,950,087.

    The Bollinger bands are forming a narrow pattern which demonstrates a bullish momentum as the MACD line is crossing over the signal line suggesting that bulls are taking control of the market. Investors are advised to take caution when making financial decisions as the crypto market is highly volatile.

    DOGE Price

    Dogecoin is currently trading at $0.05938 which is 0.05% price increase. In the last 24 hours, DOGE has traded as low as $0.05845 and as high as $0.06068. The trading volume is $312,061,951 and the market capitalization is $7,864,369,733. There is 132.67B DOGE circulating in the market.

    The Bollinger bands show a straight narrow pattern with the candle stick trading near the lower band. This is evident that DOGE is bullish. On the other hand, the MACD line is crossing the signal line as the RSI is currently at 45 heading towards the overbought region. Generally, Investors are urged to be careful of the bear market.

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