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  • 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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  • Unity Wallet COO: three factors are affecting crypto market prices

    Unity Wallet COO: three factors are affecting crypto market prices

    • The Bybit hack has increased fears over centralized exchange security vulnerabilities
    • US President Donald Trump’s trade tariffs are increasing market uncertainty
    • Trump’s crypto promises may have started as being great, but they could end up proving catastrophic

    Three things are contributing to the drop in crypto prices, which has seen Bitcoin fall 7.50% over 24 hours to $78,000, according to Unity Wallet’s COO.

    BTC price at $78,000. Source: CoinMarketCap

    It’s a significant drop from Bitcoin’s all-time high, which reached $109,000 in January ahead of US President Donald Trump’s inauguration.

    According to James Toledano, it feels like optimism around the crypto market post-election created a bubble and that the “reality post-inauguration is now setting in – and hard,” he said to CoinJournal.

    In Toledano’s view, the Bybit hack at the crypto exchange last Friday—which resulted in the theft of nearly $1.5 billion worth of Ethereum—is one of the contributing factors affecting crypto prices.

    Undermining investor confidence, it has led to panic withdrawals and a market-wide selloff across the board. While Bybit’s CEO, Ben Zhou, quickly responded to the hack, the situation has increased “fears about centralized exchange security vulnerabilities—which only solidifies the case for self-custodial services,” Toledano continued.

    Dom Harz, co-founder of BOB (“Build on Bitcoin”), a hybrid Layer-2, said to CoinJournal the theft at Bybit is a “stark reminder of the industry’s fundamental issues,” adding:

    “We’ve been hypnotized by price spikes, memecoin frenzies, and media spectacles, forgetting that crypto was meant to be a new financial system—one built on decentralized protocols that make finance accessible to everyone. Bybit just gave us a $1.5 billion reminder that we are nowhere near that reality.”

    Trump’s tariffs

    The continued market selloff follows Trump’s trade tariff announcement earlier this week.

    During his election campaign, the US president made promises regarding crypto, stating that America will be the “crypto capital of the planet.”

    Since entering the White House, he has appointed pro-crypto individuals to reshape government agencies, namely Paul Akins as the incoming chair of the US Securities and Exchange Commission (SEC).

    Mark Uyeda is currently acting chair of the SEC.

    Trump also signed an executive order to establish a crypto working group to provide regulatory clarity. It’s also expected that the working group will look into the potential of a national crypto stockpile.

    Yet, despite these steps, Trump’s trade wars—which could soon hit the EU, the world’s largest trading bloc, with a 25% tariff—is increasing market uncertainty.

    According to Toledano, Trump’s tariffs are “harming the global economy” and that many in the crypto space feel let down by the US president.

    “The promise was great and the reality is potentially proving to be catastrophic,” he added. “It does make me wonder if Trump understands that financial verticals are interlinked and increasingly converging.”

    Biggest economic risk

    The third contributing factor affecting market prices—according to Toledano—are questions around the overall governance of the US.

    An article by Chatham House suggests that the biggest economic risk from Trump’s presidency is a loss of confidence in US governance. It reads that while Trump’s policies may seem mild in the short term, steps that undermine the US and its international allies could have lasting effects.

    “I rarely get spooked from the peaks and troughs that crypto presents but when I combine what’s happening with traditional equities volatility, I think there is cause for concern right now,” said Toledano.

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  • CryptoQuant places Bitcoin’s cycle peak at $146,000 as Ethereum enters ‘second bull market’; which undervalued crypto will lead the next bull run?

    CryptoQuant places Bitcoin’s cycle peak at $146,000 as Ethereum enters ‘second bull market’; which undervalued crypto will lead the next bull run?

    The ongoing bull cycle has caused a notable rise in activity in the crypto market. For Bitcoin, CryptoQuant projects a $146,000 cycle high. In the meantime, the firm predicts Ethereum to follow a historical pattern in its MVRV Ratio to enter a second bull market. Despite the positivity in the top two cryptocurrencies, a growing number of investors are rushing into Rexas Finance instead. At just $0.125, many analysts believe this undervalued crypto could lead the next bull market run.

    CryptoQuant Projects $146,000 for Bitcoin Cycle Peak

    According to crypto-analytic outfit, CryptoQuant, Bitcoin’s price cycle could peak at around $146,000. The firm claims to get this projection from the average acquisition cost of Bitcoin across the network—the realized price valuation. With Bitcoin reaching comparable highs in 2021, the realized price has been a decent gauge of market cycle peaks. Meanwhile, several macroeconomic events, institutional adoption’s ongoing upward momentum, and Bitcoin ETF interest might drive BTC above $146,000 this cycle. It is important to note that Bitcoin’s path is rocky. Geopolitical conflicts and unfavorable legislation, among other market elements, could possibly stop Bitcoin from reaching the projected high.

    BTC trades at $95,685 as of this writing, down just 2% over the previous day. Should the crypto market remain favorable, Bitcoin’s ascent might quicken, dragging Ethereum and other altcoins behind it.

    Ethereum Enters ‘Second Bull Market’

    According to a CryptoQuant analyst, Ethereum’s second bull market appears to be in shape. The forecasts show that at $4,000 in Q1 2024, the second bull run will be noticeably more dramatic than the first. The analyst pointed to a similar MVRV Ratio in the Ethereum price chart. During the year’s first quarter, the indicator surged to a really high level as the price surge was in progress. However, the indicator cooled back down in the bearish consolidation that followed the run, returning to the neutral 1 level.

    The MVRV Ratio has once more reversed upward with the most recent increase in cryptocurrencies. Interestingly, the quant on the chart also observed this trend during the previous two bull markets. Both runs comprised two periods in which the Ethereum MVRV Ratio peaked, and a cooldown occurred in between. ETH trades at $3600 as of this writing, a 2% drop over the last day. Analysts project Ethereum may end this period above $10,000. 

    Rexas Finance (RXS): The Undervalued Altcoin Set to Lead the Next Bull Run

    In the heart of Ethereum’s second bull market and Bitcoin’s expected rise, Rexas Finance is an undervalued cryptocurrency that could lead the next altcoin boom. By tokenizing real-world assets (RWAs), Rexas Finance is revolutionizing asset management with liquidity, global access, and fractional ownership. Rexas Finance opens up previously closed markets by turning illiquid assets like real estate, commodities, and art into digital tokens. With a few RXS tokens, a user can acquire fractional ownership of these highly valued assets from anywhere in the world, removing the high entry costs and geographic restrictions commonly seen in traditional sectors. 

    The project’s presale went quickly. Rexas Finance sold 290 million RXS tokens and raised $20.75 million in the first eight presale phases in three months. In Stage 9, the token price is $0.125 and predicted to rise to $0.150. With its fast presale, Rexas Finance is drawing attention. After the presale, RXS will be listed on at least three of the top 10 cryptocurrency exchanges, increasing its liquidity and market exposure. Rexas Finance’s platform offers new and existing users unique value with many features. Regardless of technical ability, anyone may construct digital tokens with the Rexas Token Builder. Rexas Launchpad fosters innovative blockchain ventures, while Rexas GenAI generates unique digital artworks using AI to make NFTs easier to develop. These technologies and Rexas Finance’s focus on security and compliance make it a user-friendly and powerful asset tokenization solution. 

    The Rexas Finance ecosystem encourages transparency and security. The platform’s Certik audit, which verifies smart contracts and code security, increases investor confidence. The project’s recent placement on CoinGecko and CoinMarketCap gives investors easy access to performance information and analysis, boosting its reputation. The project has huge market potential and price potential, enough to lead the next bull cycle. Real estate is worth $379.7 trillion, art and collectibles $65 billion, and financial assets $486 trillion. Rexas Finance plans to enter these massive markets by offering fractional ownership and tokenized access to these assets, giving common investors additional global market possibilities. The presale’s quick growth shows growing interest in tokenized real-world assets, and Rexas Finance is well-positioned to lead the next bull run with lower transaction costs and higher liquidity. 

    Conclusion

    With Bitcoin forecast to reach $146,000 and Ethereum’s second bull market underway, the next major cryptocurrency rise may be imminent. By tokenizing assets, Rexas Finance is becoming a serious challenger. Its speedy presale and rapid crypto growth make it a great investment for those looking to capitalize on the next round.  And what is more? Rexas Finance is running a $1 million giveaway, with the top 20 participants winning $50,000 worth of RXS. Jump on the project now to increase your chance of winning. 

    For more information about Rexas Finance (RXS) visit the links below:

    Website: https://rexas.com

    Win $1 Million Giveaway: https://bit.ly/Rexas1M

    Whitepaper: https://rexas.com/rexas-whitepaper.pdf

    Twitter/X: https://x.com/rexasfinance

    Telegram: https://t.me/rexasfinance

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  • Post-halving 2024 market is pushing Bitcoin’s price, not just Trump, says Onramp Bitcoin co-founder

    Post-halving 2024 market is pushing Bitcoin’s price, not just Trump, says Onramp Bitcoin co-founder

    • The last Bitcoin halving took place in April when the block reward dropped from 6.25 Bitcoin to 3.125 Bitcoin
    • Jesse Myers said Bitcoin’s price needs to go higher for a “supply-demand price” balance to happen
    • When that occurs, the market will “flywheel into mania and a bubble,” which happened in the 2012, 2016, and 2020 Bitcoin halving events

    Donald Trump’s re-election into the White House isn’t “the main story” for Bitcoin’s recent price rally, says Onramp Bitcoin’s co-founder.

    In a post on X, Jesse Myers said the main reason is that the market is at the “6+ months post-halving” mark.

    Taking place every four years, the last Bitcoin halving occurred in April when the block reward dropped from 6.25 Bitcoin to 3.125. As a result, each new block becomes harder to solve with a lower reward.

    A reduction in Bitcoin supply typically means an increase in the price of Bitcoin. The next Bitcoin halving is expected to occur sometime in 2028.

    According to Myers, a “supply shock has accumulated,” meaning “there’s not enough supply available at current prices to satisfy demand,” adding that a “supply-demand price equilibrium must be restored.”

    However, the only way Myers believes this will happen “is for the price to go higher, which will flywheel into mania and a bubble, but that’s how this thing works.”

    Post-halving bubbles

    Supplying a chart, Myers indicated that the market is currently at the start of the post-halving bubble. Based on his data, Bitcoin’s price will continue its upward trajectory before peaking to new highs and dropping to current levels.

    Jesse Myers’ Bitcoin post-halving chart. Source: Jesse Myers

    “It sounds crazy to say there will be a reliable, predictable bubble every 4 years,” said Myers. “But then, there’s never been an asset in the world where new supply creation is halved every 4 years.”

    Post-halving bubbles happened in the 2012, 2016, and 2020 Bitcoin halvings, said Myers.

    The recent Bitcoin price rally comes amid Trump’s re-election into the White House. Based on his campaign trail in the lead-up to election day, Trump came across as pro-crypto compared to current Vice President Kamala Harris.

    Last week, Senator Cynthia Lummis also reaffirmed plans that the US is going to build a strategic Bitcoin reserve. If passed, the senator’s Bitcoin Act would propose directing the US Treasury to buy one million over the next five years.

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  • Crypto market on a free fall as Iran launches missiles into Israel

    Crypto market on a free fall as Iran launches missiles into Israel

    Crypto market on a free fall as Iran launches missiles into Israel
    • Crypto market drops as Iran launches missile strikes into Israel.
    • Bitcoin falls to $62k; Ethereum drops below $2,500.
    • The global crypto market cap declines by 2.72% to $2.18 trillion.

    The global crypto market has witnessed a sharp decline following reports of Iran firing missiles into Israel.

    The heightened geopolitical tensions have sent shockwaves through financial markets worldwide, with crypto assets taking a significant hit.

    As news of the missile strikes spread, cryptocurrency markets reacted swiftly. Bitcoin (BTC), the largest cryptocurrency by market capitalization, had dropped to $61,932.92 at press time while Ethereum (ETH), the second largest cryptocurrency, witnessed a 3.42% plunge, with its price dipping below $2,499.30.

    Altcoins, often more volatile, experienced even steeper declines, with Arweave (AR), Notcoin (NOT), Gala (GALA), and Worldcoin (WLD) dropping by double digits as investors scrambled to offload risky assets.

    As the market plunged, the global cryptocurrency market cap dropped by over 2.72% to $2.18 trillion.

    The sudden drop in crypto prices underscores the market’s sensitivity to geopolitical events. Historically seen as a hedge against inflation and economic uncertainty, cryptocurrencies have not proven immune to geopolitical shocks.

    Investors, rattled by the fear of broader regional instability and its potential impact on global markets, have moved to safer assets such as gold, which saw an uptick in prices.

    The attack marks a severe escalation in the already volatile Middle East region. Iran’s missile launches were reportedly in retaliation for the Israeli operations in Lebanon that have resulted in the elimination of Hezbollah’s leader.

    Israel has, however, responded swiftly, vowing to defend its territory, raising concerns of an impending large-scale conflict.

    While the full extent of the conflict’s impact remains unclear, the continued volatility in the Middle East is likely to keep the crypto market on edge in the coming days.

    Traders and analysts are now closely watching both diplomatic developments and market reactions.

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  • Ark Invest sells $2.8M of its own Spot Bitcoin ETF amid market shifts

    Ark Invest sells $2.8M of its own Spot Bitcoin ETF amid market shifts

    Ark Invest sells $2.8M of its own Spot Bitcoin ETF amid market shifts
    • Ark Invest sold 44,609 shares of its ARKB Spot Bitcoin ETF for $2.8 million as part of a rebalancing strategy.
    • The firm retains $139.7 million in ARKB, making it the second-largest holding in ARKW.
    • US spot Bitcoin ETFs saw $4.5 million in inflows, while Ethereum ETFs faced outflows.

    Cathie Wood’s Ark Invest has made headlines by offloading 44,609 shares of its ARKB Spot Bitcoin ETF, valued at $2.8 million. The sale, which took place on Monday, is part of Ark’s ongoing rebalancing strategy to adjust its fund weightings.

    However, the move is not the first of its kind, with the firm having sold $6.9 million worth of ARKB shares in early August and $7.8 million in July. In total, Ark Invest has divested $17.5 million from its Bitcoin ETF.

    Ark Invest avoiding overexposure to any one asset

    Despite these sales, Ark Invest continues to hold a significant $139.7 million in the ARKB ETF, positioning it as the second-largest holding in its Next Generation Internet ETF (ARKW). The ETF still maintains a notable 9.93% weighting within ARKW’s portfolio.

    Tesla remains the largest asset in the ARKW fund, with a 10.15% weighting, worth approximately $142.9 million.

    Ark’s recent sales align with its overarching strategy of preventing any single holding from exceeding 10% of an ETF’s portfolio. By capping weightings, the firm aims to ensure adequate diversification, avoiding overexposure to any one asset.

    Ark has actively adjusted its asset allocation to maintain balance across its funds seeing that ARKB’s value has surged up 26.5% year-to-date.

    As of Monday, ARKB traded at $63.25, reflecting a 0.8% gain for the day. This rise mirrors broader optimism in the Bitcoin market, with Bitcoin itself trading flat but holding steady at around $63,676.

    US spot Bitcoin ETFs see strong inflows

    While Ark continues to manage its Bitcoin exposure, US spot Bitcoin ETFs are experiencing strong inflows, with a net addition of $4.5 million on Monday alone, extending their positive streak to three consecutive days.

    In contrast, US spot Ethereum ETFs have seen outflows, with $79.3 million exiting the funds.

    Ark Invest’s strategic rebalancing underscores its commitment to diversification while navigating the ever-evolving landscape of digital assets.

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  • Bitcoin (BTC) price targets $63k as crypto market awakens after Fed rate cut

    Bitcoin (BTC) price targets $63k as crypto market awakens after Fed rate cut

    Bitcoin (BTC) price breaks above $62K as crypto market awakens after Fed rate cut
    • Bitcoin has broken past $62K post-Fed rate cut; next resistance at $63K.
    • Ethereum and Solana have also surged, reflecting a broader crypto market rally.
    • Caution remains due to economic uncertainties and potential regulatory issues.

    Bitcoin (BTC) price has surged past $62,000 following the US Federal Reserve’s decision to cut interest rates by 50 basis points.

    The move by the Fed, aimed at bolstering economic growth and mitigating recession risks, has ignited a rally across digital assets. The monetary policy adjustment has not only energized Bitcoin but also lifted a broad range of altcoins and risk assets.

    Next Bitcoin (BTC) price resistance level at $63k

    Currently trading around $62,096, Bitcoin’s price has demonstrated a solid 24-hour gain of 2.29% and a more impressive 7-day increase of 6.20%.

    Most notably, the price breach above the $62,000 mark represents a crucial psychological milestone for Bitcoin, following a period of consolidation near $60,000.

    Technical analysis highlights that Bitcoin’s next significant resistance level is positioned at $63,000, with the potential for further gains if this barrier is surpassed. The upper boundary of Bitcoin’s Bollinger Bands indicates heightened volatility, suggesting that while a short-term profit-taking phase may occur, the overall trend remains strongly bullish.

    Support is firmly established at around $60,100, acting as a critical floor that has been repeatedly tested and held firm.

    Investor sentiment towards Bitcoin is largely positive, with increased trading volumes reflecting growing institutional interest.

    As Bitcoin’s (BTC) price continues to climb, it benefits from a broader narrative of cryptocurrencies serving as a hedge against traditional market volatility and inflation fears, which have been exacerbated by the Fed’s dovish stance.

    Ethereum and Solana lead as altcoins mirror Bitcoin’s surge

    The rate cut by the US Federal Reserve has not only impacted Bitcoin price but has also spurred a broader rally in the cryptocurrency market, lifting major altcoins alongside Bitcoin (BTC).

    Ethereum (ETH), for instance, has surged past $2,400, marking a 24-hour increase of 4.94% and a 7-day rise of 2.97%. Ethereum’s price reached $2,430 before settling slightly, mirroring Bitcoin’s bullish trend. Technical indicators show Ethereum facing immediate resistance at $2,430, with potential for further gains if it breaks above this level.

    Solana (SOL) has also seen significant price movements, surging by 6.03% to reach $138.65. This gain underscores renewed confidence in Solana’s ecosystem and its applications in decentralized finance (DeFi) and NFTs.

    Other altcoins, such as Ripple (XRP) and Shiba Inu (SHIB), have also experienced notable increases, with XRP rising by 1.20% to $0.59 and SHIB climbing 7.85% to $0.00001427.

    Analysts remain cautious

    Despite the overall positive sentiment, market participants remain cautious. Mixed reactions and concerns about the sustainability of the rally are prevalent. Analysts suggest that while the rate cut has provided a significant short-term boost, the broader economic uncertainties and potential regulatory challenges could impact future performance.

    In particular, Presto Research notes that the market remains divided, highlighting the need for relief from growth concerns to maintain upward momentum.

    Amid the mixed market outlook, the coming months will be critical in determining whether the current Bitcoin (BTC) price rally can sustain momentum and push digital assets to new highs.

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  • Bitcoin Dogs (0DOG) pulls back as market loses steam, but there is a catch

    Bitcoin Dogs (0DOG) pulls back as market loses steam, but there is a catch

    Bitcoin Dogs (0DOG) pulls back as market loses steam, but there is a catch
    • Bitcoin Dogs (0DOG) drops 49% from debut, but strong trading volume shows investor interest.
    • Integration with Bitcoin blockchain and gaming features supports long-term growth.
    • Controlled token release and upcoming developments may drive future price recovery.

    As the broader cryptocurrency market experiences a downturn, Bitcoin Dogs (0DOG) is not immune to the pullback. Despite an initial surge in price following its debut, 0DOG has seen its value drop by nearly 50%.

    However, beneath the surface of this decline lies a narrative of resilience and potential, driven by strong trading volumes and a series of upcoming developments that could reignite investor interest.

    Market pullback and 0DOG price drop

    The global cryptocurrency market has recently witnessed a decrease in overall value, with the total market cap now standing at $2.21 trillion, marking a 1.27% decrease over the last day.

    Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) have all seen their prices drop, reflecting a broader bearish sentiment. In this context, Bitcoin Dogs (0DOG) has also experienced a significant pullback, with its price dropping by approximately 49.24% from its listing price of $0.0404 to around $0.02053.

    Bitcoin Dogs (0DOG) price chart

    Despite this decline, 0DOG has shown some signs of strength. The token’s trading volume remains relatively high, standing at around $3.37 million, indicating that investor interest has not waned entirely. This level of trading activity suggests that there is still a strong base of holders who believe in the token’s long-term potential.

    The initial surge in 0DOG’s price, where it climbed almost 3x to reach $0.12270, demonstrated the robust demand and technical support backing the token. While the price has cooled off, the resilience in trading volume points to a potential for recovery, especially as the broader market stabilizes.

    The catch: upcoming developments and future prospects

    While the current price drop might deter some investors, those looking at the bigger picture will find reasons for optimism. Bitcoin Dogs (0DOG) is not just another meme coin; it’s part of a broader crypto-gaming and social ecosystem that integrates with Bitcoin’s blockchain.

    The token’s initial success can be attributed to its strong presale, which raised $13.5 million, and its listing on major exchanges like MEXC, Gate, and UniSat.

    The tokenomics of 0DOG, with a supply of 900 million tokens, has been designed to benefit long-term holders, particularly with the planned developments on the horizon.

    The upcoming months are crucial for 0DOG’s trajectory. The token is expected to benefit from anticipated bullish trends in Bitcoin’s price action, particularly in Q4 2024, when Bitcoin’s price is predicted to surge.

    Additionally, the integration of Bitcoin Dogs into the Telegram gaming sector, coupled with unique features like Tamagotchi-style gameplay, PvP battles, staking opportunities, and NFT collections, is set to attract a significant user base.

    These developments are likely to drive additional interest and investment in 0DOG, potentially pushing its price beyond its recent highs.

    Moreover, the token claim process, which began on August 21, 2024, is set to run for ten months, with 10% of the total claimable tokens available each month. This gradual release of tokens is expected to create a controlled supply, potentially limiting excessive sell pressure and supporting the price.

    If intrigued by Bitcoin Dogs (0DOG), you can visit the official Bitcoin Dogs website to learn more about the cryptocurrency. 0DOG is currently tradable on MEXC, Gate, and UniSat for those looking for where to trade the token.

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  • Bitcoin Dogs (0DOG) and SUN token price prediction amid bullish market sentiments

    Bitcoin Dogs (0DOG) and SUN token price prediction amid bullish market sentiments

    • Bitcoin Dogs (0DOG) surged by over 2.7x on debut, now stabilized around $0.03.
    • Sun Token (SUN) has risen by over 127% to a high of $0.02568, driven by positive Tron ecosystem developments.
    • Both 0DOG and SUN are poised for growth, with bullish trends and strong fundamentals.

    As the cryptocurrency landscape evolves, certain tokens are making significant waves, capturing the attention of investors and analysts alike. Bitcoin Dogs (0DOG) and Sun token (SUN) are two notable examples, each experiencing substantial growth amid a bullish market.

    This article delves into the recent performance of these tokens and offers insights into their future trajectories, reflecting the broader bullish sentiment in the crypto space.

    Bitcoin Dogs (0DOG) pump after listing, can it maintain the momentum?

    Bitcoin Dogs ($0DOG), the world’s first ICO on the Bitcoin BRC20 token, has made a remarkable entrance into the cryptocurrency market. The $0DOG token has been listed on three major exchanges: MEXC, Gate, and UniSat, and its debut was nothing short of spectacular.

    On its first trading day, according to Gate.io data, $0DOG experienced an impressive surge, climbing over 2.7x to reach $0.12270 before stabilizing around $0.043 before the end of the day.

    Bitcoin Dogs (0DOG) price chart

    Although the token price has since dropped to around $0.03025 at press time, the initial pump highlighted the strong market demand and the robust technical support that 0DOG enjoys.

    The success of 0DOG’s launch can be attributed to a combination of factors, including the anticipation built during its presale phase, which raised $13.4 million.

    The token’s performance reflects investor enthusiasm and confidence in its potential. Despite some early profit-taking, $0DOG has stabilised around its launch price, establishing firm support. This resilience suggests that the token has a strong buyer base, similar to other successful meme coins like PEPE, which saw significant long-term gains despite initial volatility.

    Looking ahead, the outlook for Bitcoin Dogs appears promising. Analysts are optimistic about 0DOG’s potential to capitalize on the anticipated bullish trends in Bitcoin’s price action. With Bitcoin’s price expected to surge in Q4, 0DOG is well-positioned to benefit from the broader cryptocurrency market’s growth.

    Additionally, the integration of Bitcoin Dogs into the Telegram gaming sector, with its unique blend of Tamagotchi-style gameplay and PvP battles, is set to attract a significant user base, further enhancing the token’s growth prospects.

    The upcoming developments, including staking opportunities, NFT collections, and game beta releases, will likely drive additional interest and investment in 0DOG.

    SUN token future outlook amid bullish market sentiment

    Sun token, the native token of SUN.io platform has also been making headlines with its recent price movements. The SUN.io platform is TRON’s first one-stop platform that supports stablecoin swap, token mining and self-governance.

    Over the past seven days, SUN token price has seen a dramatic increase, rising over 127% to a high of $0.02568, its highest level since 2022.

    This rally pushed its market cap to over $182 million and represented a 143% increase from its lowest point earlier in the month. The token’s impressive performance is a testament to the growth of the Sun ecosystem as the broader Tron ecosystem sees spontaneous growth buoyed by positive developments such as the launch of the SunPump platform.

    The SunPump platform, which has already accumulated over $1.5 million in assets, is driving increased interest in SUN. The platform’s success in generating new meme coins and its comparison to Pump.fun, a notable meme coin generator, underscores its potential impact on SUN’s value.

    In addition to the SunPump platform’s success, the broader Tron ecosystem has also contributed to SUN’s positive trajectory. The Tron blockchain has demonstrated substantial growth, with over 2.36 million active addresses and a market cap of over $59.54 billion for stablecoins. The ecosystem’s expansion enhances the overall value proposition of SUN.

    Looking forward, SUN’s future prospects are closely tied to the continued success of the SunPump platform and the overall growth of the Tron ecosystem.

    As a majority of Tron-based tokens continue to experience bullish sentiments, SUN is well-positioned to capitalize on these trends, potentially reaching new heights. With the recent upgrade to its contract and ongoing ecosystem developments, SUN’s upward momentum is expected to continue, making it a token to watch in the coming months.

    Conclusion

    Both Bitcoin Dogs (0DOG) and Sun (SUN) are poised for significant growth, driven by bullish market sentiments and strong underlying fundamentals.

    As these tokens navigate their respective trajectories, they offer promising opportunities for investors looking to capitalize on the evolving cryptocurrency landscape.

    If interested in Bitcoin Dogs (0DOG) it is currently available on MEXC, Gate, and UniSat. You could also visit the official Bitcoin Dogs website to learn more about the cryptocurrency.

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  • Grayscale launches investment fund for AVAX Token, fueling market surge

    Grayscale launches investment fund for AVAX Token, fueling market surge

    Grayscale launches investment fund for AVAX Token
    • Grayscale launches Avalanche Trust, offering exclusive AVAX exposure for investors.
    • AVAX price surged to $25.16, with a nearly 9% increase in Avalanche Open Interest.
    • The new fund enhances Grayscale’s portfolio, aligning with its crypto strategy.

    Grayscale Investments, the world’s largest crypto fund manager, has announced the launch of a new investment fund dedicated to Avalanche (AVAX) token.

    Officially unveiled on August 22, the Grayscale Avalanche Trust expands the firm’s suite of over 20 crypto investment products and offers accredited investors a new avenue for exposure to Avalanche’s native cryptocurrency.

    Grayscale Avalanche Trust to provide direct access to AVAX

    Grayscale’s Avalanche Trust is a single-asset investment vehicle that operates similarly to the firm’s existing products, focusing exclusively on AVAX. Unlike Grayscale’s exchange-traded funds, this trust is available only to qualified investors and is not exchange-traded.

    The Avalanche Trust is designed to provide investors with direct access to AVAX, the token that powers Avalanche’s multi-chain smart contract platform. This platform is known for its focus on optimizing scalability, network security, and decentralization, while also facilitating the tokenization of real-world assets (RWA).

    The new fund aligns with Grayscale’s broader strategy to offer innovative investment opportunities within the evolving crypto ecosystem. It adds to Grayscale’s recent expansions, which include trusts for MakerDAO’s MKR token, Bittensor, and Sui.

    With a track record of pioneering crypto investment products, Grayscale continues to cement its position as a leading player in the digital asset space. The launch of the Avalanche Trust highlights the firm’s commitment to broadening access to emerging and impactful developments in the cryptocurrency market.

    AVAX price movements

    The announcement has had a significant impact on the market seeing it came amid other major Avalanche news including Franklin Templeton expanding its blockchain-integrated money market fund to Avalanche.

    The price of AVAX surged to a high of $25.16 before pulling back slightly to around $24.75 at press time.

    Additionally, Avalanche’s Open Interest has seen a nearly 9% increase, reflecting heightened investor interest and enthusiasm.

    Among other developments, the price surge underscores the positive reception of Grayscale’s new fund and its potential to attract substantial capital flows into the AVAX token.

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