bitcoinlfg

Tag: Price

  • Bitcoin network difficulty reaches record high amid price volatility

    Bitcoin network difficulty reaches record high amid price volatility

    Bitcoin network difficulty reaches record high amid price volatility
    • Bitcoin’s network difficulty hits a record high of 90.67 trillion as of August 2, 2024.
    • Bitcoin’s hash rate reached a record 677 EH/s on July 27th, boosting network security.
    • Bitcoin’s RSI at 44 suggests potentially oversold conditions; the price may test $58,000

    Bitcoin has set a new record for network difficulty, reaching 90.67 trillion on August 2, 2024 according to data on CoinWarz.

    This milestone represents a significant rebound following three months of declining difficulty, signalling renewed confidence among miners in the cryptocurrency’s network.

    The increased difficulty implies that mining new Bitcoin blocks now requires more computational power, potentially driving up operational costs and influencing Bitcoin’s future supply and pricing dynamics.

    Bitcoin’s hashrate also hit an all-time high

    On July 27th, Bitcoin’s hashrate surged to a record 677 EH/s, reflecting a robust and secure network infrastructure. This peak suggests intensified competition among miners and strengthens the network’s resilience against potential security threats.

    A high hashrate not only indicates increased mining activity but also has the potential to positively impact Bitcoin’s price by boosting investor confidence.

    BTC price under increased bear pressure

    Currently, Bitcoin is trading at $63,103.42, showing a 0.17% increase over the past 24 hours. The cryptocurrency has been fluctuating between $62,248 and $65,593, suggesting a mild recovery trajectory despite recent volatility.

    If this trend continues, Bitcoin may avoid the $62,000 resistance level, potentially paving the way for new highs.

    However, the Relative Strength Index (RSI) for Bitcoin is at 44.64, indicating that the cryptocurrency is approaching oversold conditions.

    Bitcoin price

    A declining RSI points to diminishing bullish momentum, and if bearish forces intensify, Bitcoin might test its next support level at $58,000. Further declines could follow if market pressure persists.

    Overall, Bitcoin’s rising network difficulty and hashrate highlight a strengthened and competitive mining environment. These factors are essential for evaluating the network’s health and security as Bitcoin navigates through ongoing price volatility.

    Share this article
    Categories
    Tags

    Source link

  • Notcoin price soars after beating Bitcoin in vote post NOT Airdrop launch

    Notcoin price soars after beating Bitcoin in vote post NOT Airdrop launch

    Notcoin price soars after beating Bitcoin in vote post NOT Airdrop launch
    • Notcoin price surges 33.42%, reaching $0.006884 after community votes favor it over Bitcoin.
    • New NOT airdrop and earning missions boost user engagement and investment interest.
    • Notcoin (NOT) is currently on its way back to its Binance listing price

    Notcoin (NOT) price has seen a remarkable surge in its price, climbing by over 33.42% in the past 24 hours to reach $0.006884.

    This surge has catapulted Notcoin’s market cap to over $707 million, reflecting a 33.38% increase and placing it at number 114 in cryptocurrency market cap ranking.

    The NOT price spike follows a favorable community vote where Notcoin was overwhelmingly preferred over Bitcoin, capturing 86.2% of the 29,711 votes cast in a recent social media poll.

    Comparing Notcoin and Bitcoin

    Notcoin’s development team has been making strategic marketing moves by the team behind the project. The team has drawn comparisons with Bitcoin, highlighting Notcoin’s limited supply, wide distribution, and relative affordability.

    They pointed out that the last time Bitcoin had a market cap of around $0.5 billion in 2013, its price was approximately $100. This historical perspective aims to underscore Notcoin’s growth potential.

    The NOT Airdrop

    Adding to the excitement, Notcoin announced the launch of NOT Airdrop Phase 1 on May 26, 2024. Users can connect their wallets to check their airdrop allocation, adding another layer of engagement and incentive for the community.

    This announcement has likely fueled the recent trading frenzy, with 24-hour trading volume soaring by 217.43% to $544.8 million, positioning Notcoin at number 20 in trading volume.

    Notcoin’s passive earning feature

    Notcoin has also introduced “earning missions,” a new feature that allows users to earn NOT tokens passively by engaging with various partner projects and communities.

    Under this feature, users can increase their rewards by staking NOT, with higher levels like Platinum offering the most substantial returns.

    In closing, Notcoin team’s comparison to Bitcoin, coupled with active community engagement through polls, airdrops, and innovative earning mechanisms, has created a perfect storm of interest and investment.

    Share this article
    Categories
    Tags

    Source link

  • SAGA token price prediction; Bitbot follows in its footsteps

    SAGA token price prediction; Bitbot follows in its footsteps

    • Saga Protocol sees surge post-mainnet launch with SAGA token trading volumes surpassing $1 billion.
    • Binance expands support for the SAGA token across multiple products, boosting accessibility and liquidity.
    • Bitbot’s $BITBOT presale raises over $2 million, with tokens currently priced at $0.0148.

    In recent months, the cryptocurrency market has witnessed significant developments with the emergence of groundbreaking projects like Saga Protocol and Bitbot.

    These initiatives are reshaping the landscape of blockchain technology and trading, offering innovative solutions to users worldwide.

    350+ projects already integrated on Saga

    Since the launch of its mainnet on April 9, Saga Protocol has demonstrated remarkable performance within the blockchain ecosystem.

    With its focus on supporting various applications, especially in gaming, Saga has attracted widespread attention from both developers and investors.

    The protocol’s mainnet debut saw the integration of over 350 projects, highlighting its potential to revolutionize decentralized applications.

    Moreover, Saga’s strategic partnerships with industry leaders such as Polygon and Avalanche further solidify its position as a frontrunner in the blockchain space.

    Binance lists SAGA token on multiple products

    Binance, the world’s largest cryptocurrency exchange, has recently expanded its support for Saga across multiple products.

    By listing Saga on various platforms including Binance Earn, Convert, Margin, and Futures, Binance aims to provide its vast user base with seamless access to Saga’s ecosystem and trading functionalities.

    This move underscores Binance’s recognition of Saga’s potential and its commitment to offering innovative opportunities to users.

    SAGA token price prediction

    The SAGA token has witnessed an impressive 30% surge in price backed by over $1 billion in trading volume since its debut.

    The token debuted at $5.71 and has hit an all-time high (ATH) of $7.89. The token has seen extraordinary trading volumes and a surge in Futures Open Interest (OI), indicating robust market demand and investor confidence.

    Analysts project continued price appreciation, with targets set at $8.00 and $10.00.

    As investors eye potential gains, the SAGA token remains poised for further upside, supported by strong market fundamentals and increasing demand.

    Bitbot: revolutionizing trading:

    As Saga Protocol and its native token SAGA make waves within the crypto space, Bitbot, a non-custodial Telegram trading bot, is also attracting investors’ attention as it revolutionizes the trading landscape with its institutional-grade tools and secure platform.

    By integrating with self-custodial wallets and employing advanced security measures like KnightSafe, Bitbot ensures the safety of users’ assets while providing access to sophisticated trading functionalities.

    At the heart of the Bitbot project lies its native token $BITBOT, which is an integral part of Bitbot’s platform. It offers holders exclusive benefits such as revenue sharing and governance participation.

    The $BITBOT token is currently in the presale stage and it has garnered significant traction, raising over $2.1 million to date.

    With the current price of $0.0148 per $BITBOT token, investors have the opportunity to participate in Bitbot’s growth journey at a favourable entry point. As Bitbot progresses through its presale stages, investors can expect incremental price increases, reflecting the project’s expanding reach and market potential. For instance, in the next presale stage, the price is expected to rise to $0.0155.

    To participate in the $BITBOT presale, visit the official Bitbot presale website.

    Conclusion

    Saga Protocol and Bitbot represent two innovative ventures driving forward the evolution of blockchain technology and trading.

    With their disruptive capabilities and commitment to delivering value to users, these projects are poised to shape the future of decentralized finance and trading ecosystems and are potential opportunities for crypto investors.

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin (BTC) price prediction as it breaches $72k

    Bitcoin (BTC) price prediction as it breaches $72k

    • Bitcoin price forecast points to a possible $82,000.
    • Ten days remain to the much anticipated Bitcoin halving event.
    • Kangamoon, a new meme coin, has raised over $4M in its ongoing presale taking advantage of the crypto hype created by Bitcoin’s price surge

    Bitcoin (BTC) has been making significant waves in the cryptocurrency market, with its price breaching the $72,000 mark again today.

    BTC’s price surge comes amidst a backdrop of growing optimism and speculation surrounding the future trajectory of the leading cryptocurrency as new coins like Kanagamoon come up.

    Analysts have been closely monitoring Bitcoin’s price movements, offering forecasts and insights into where it might head next.

    Bitcoin price forecast

    In recent months, Bitcoin has defied expectations, rallying from lows of $15,000 at the end of 2022 to its current highs. This remarkable price surge has sparked wild speculation among traders and investors, with some predicting that Bitcoin could be in for its biggest month ever.

    However, despite the bullish momentum, there are lingering concerns among some market participants, including Federal Reserve officials like Neel Kashkari, who have expressed worries about Bitcoin’s price volatility.

    At its current price of $72,354, Bitcoin (BTC) has more than doubled its price since the end of 2023. At first, the rally was pegged on the approval of spot Bitcoin ETFs by the U.S. SEC. The impact of the ETFs was so strong especially following the outflow of BTC from crypto exchanges as the ETFs took up much of the bitcoins from the market creating a supply crunch.

    Additionally, factors such as the upcoming Bitcoin halving event and increased institutional interest in the cryptocurrency market have also been potential catalysts for driving BTC’s price appreciation.

    But even as the BTC price appreciates, analysts have been skeptical with some pointing out that Bitcoin’s price could experience a pullback in the near term, potentially revisiting levels around $60,000 before rallying back to its recent peak of $73,777 or even higher.

    While this pattern of pre-halving dips is not uncommon in Bitcoin’s price history, and it is often followed by a continuation of the primary uptrend, it seems Bitcoin has already hit bottom in its recent pullback and is now prepared to set a new all-time high (ATH), as we enter the halving eve.

    As depicted by Thomas on X, Bitcoin’s halving event has always spurred BTC to register new highs

    According to Jelle’s Bitcoin price prediction, BTC could easily hit $82,000 if it successfully breaks through the current wedge.

    Kangamoon: SocialFi and Play-to-Earn merge

    As Bitcoin prespare for pre-halving cycle, Kangamoon is emerging as a notable project that aims to revolutionize the way users interact with memes and earn rewards.

    Kangamoon is building a vibrant community of meme enthusiasts while integrating elements of SocialFi and Play-to-Earn (P2E).

    At the heart of the Kangamoon project is its native token $KANG,which iscurrentlyin the presale stage.

    The platform offers users the opportunity to engage in various activities, including assembling champions, participating in epic battles, and betting on favorite fighters to earn $KANG tokens and exclusive rewards.

    $KANG is an ERC-20 token on the Ethereum blockchain, with a maximum supply of 1 billion tokens. Users can claim their $KANG tokens following the conclusion of the presale event, with details about the token claim process available on the Kangamoon website, social media channels, newsletter, and Telegram community.

    Kangamoon’s unique social-fi model incentivizes active participation, with users competing in weekly, monthly, and quarterly challenges to earn $KANG and other rewards.

    Kangamoon presale

    In the ongoing Kangamoon presale, the project has raised an impressive amount, totaling $4,384,434.039.

    With 15.3% of the tokens already sold, there is still 84.7% remaining for potential investors to participate in the presale event.

    The current presale stage offers a 10% bonus on all purchases, providing an attractive opportunity for early supporters to acquire $KANG tokens at a favorable price point of $0.0196 per token.

    The presale phase is a crucial step in Kangamoon’s journey, as it enables the project to secure funding and build momentum ahead of its official launch. As the project progresses through its roadmap milestones, including the development of the Kangamoon Play-to-Earn Arcade and the launch of the Kangamoon P2E website and app, investors and enthusiasts are eagerly anticipating the next stages of Kangamoon’s evolution.

    Conclusion

    Bitcoin’s price continues to capture the attention of the cryptocurrency market, with forecasts suggesting further upside potential. And at the same time, Kangamoon is carving out its niche in the industry, offering a unique blend of meme culture, social finance, and play-to-earn mechanics to create an engaging and rewarding experience for users.

    As both Bitcoin and Kangamoon navigate their respective paths, investors and enthusiasts remain vigilant, eager to seize opportunities and navigate the ever-changing landscape of the cryptocurrency market.

    Share this article
    Categories
    Tags



    Source link

  • Dogwifhat (WIF) price forecast amid pullback as Algotech’s ALGT token presale nears $4M

    Dogwifhat (WIF) price forecast amid pullback as Algotech’s ALGT token presale nears $4M

    • Dogwifhat (WIF) price dips 14.35% to $3.31 in a day; however, still 51% higher than a month ago.
    • WIF price is projected to surge to $4.2 if it holds the current support level.
    • Algotech’s $ALGT presale raises $3.7M; token priced at 0.08 tether.

    Dogwifhat (WIF) has experienced a significant price pullback causing concern among investors.

    As WIF retraces, investors are turning to new crypto projects like Algotech that are offering investment opportunities with their presale stages.

    Dogwifhat (WIF) price pullback causes concern

    Dogwifhat (WIF) has faced a notable downturn, with its price plummeting by 14% within a day, marking the largest single-day price drop over the past seven days.

    At present, the token is trading at $3.31, marking a substantial decline from its peak of $4.8189 reached on March 31, 2024.

    Despite this pullback, Dogwifhat’s price remains 51% higher than a month ago, showcasing its overall growth trajectory although investors are starting to get worried about what the future holds.

    Dogwifhat price prediction

    There are mixed sentiments regarding Dogwifhat’s (WIF) price forecast.

    While the recent pullback has dampened hopes of the token reclaiming its $4 mark soon, some analysts remain optimistic about its long-term trajectory.

    With the broader crypto market undergoing consolidation ahead of the Bitcoin halving, there’s potential for WIF to regain momentum and surpass the $4 threshold again.

    Some analysts like Pando believe it is just a matter of time before WIF regains its bullish trend, especially seeing that the RSI indicator is almost at its bottom.

    According to Zer0, the WIF token is sitting in an interesting position and if it holds the $3.5 support level, it could easily hit $4.2 soon.

    However, bears persist, there are fears that the once very popular Solana-based memecoin could drop to around $2 in the next few days.

    Algotech: redefining crypto trading

    Algotech emerges as a leading player in the crypto trading sphere, offering a cutting-edge decentralized algorithmic trading platform.

    Powered by advanced algorithms and machine learning capabilities, Algotech empowers traders to navigate complex markets with efficiency and precision.

    The platform’s native token, $ALGT, serves as a gateway for investors to participate in Algotech’s ecosystem and benefit from its innovative trading solutions.

    The $ALGT token plays a crucial role in Algotech’s ecosystem, providing investors with voting governance rights and ownership stakes in the platform. Moreover, early investors in $ALGT stand to receive dividends from the profits generated by Algotech’s trading strategies, which encompass futuristic approaches such as hedging and mean reversion.

    This unique model incentivizes investor participation and aligns interests towards the platform’s growth and success.

    Algotech presale

    Investors have shown significant interest in the ongoing Algotech presale, with the total raised amounting to $3,723,875.680 so far.

    The presale presents an opportunity for investors to acquire $ALGT tokens at the current stage price of 0.08 tether, with the price set to increase to 0.10 tether in the next stage.

    With a minimum purchase requirement of $25, investors of all levels can participate in Algotech’s vision of revolutionizing trading through cutting-edge technology. The presale accepts various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and others.

    Conclusion

    As Dogwifhat (WIF) navigates through the current price retracement, investors remain optimistic about its long-term prospects, buoyed by positive price predictions and market dynamics.

    Concurrently, Algotech’s $ALGT token presale continues to gather momentum, offering investors an opportunity to participate in the future of algorithmic trading.

    With both entities poised for growth and innovation, the crypto landscape awaits exciting developments in the coming months.

    Share this article
    Categories
    Tags



    Source link

  • here’s what’s driving the price rally

    here’s what’s driving the price rally

    • CORE DAO’s token, CORE, sees a 67% surge reaching $2.75.
    • Several institutional investment funds have shown interest in CORE.
    • Technical indicators signal a bullish trend for CORE, despite the high RSI suggesting potential overvaluation.

    The price of Core DAO’s native token, CORE, has experienced a staggering surge of over 200% within a week, capturing the attention of cryptocurrency investors.

    This surge prompts an investigation into the factors fueling CORE’s rapid growth and its implications for the broader cryptocurrency industry.

    CORE price performance

    CORE DAO operates as an L1 blockchain supporting Ethereum Virtual Machine (EVM), enabling the execution of Ethereum smart contracts and decentralized applications (dApps). Its native token is referred to as CORE.

    With its “Satoshi Plus” consensus mechanism, CORE combines delegated Bitcoin mining hash with delegated Proof-of-Stake (DPoS) for security. CORE serves as both the utility token and governance token of the Core network, facilitating various functions such as paying transaction fees, staking on the Core network, and participating in on-chain governance.

    CORE’s recent price surge has astonished market observers, with the token’s value soaring by an impressive 67.25% in just one day, reaching $2.75.

    CORE price chart

     

    This surge has propelled CORE to the 54th position in market cap rankings, showcasing its significant market influence. Moreover, trading volume for CORE has surged by 148.07% in the last day alone, indicating heightened investor engagement and liquidity in the market.

    CORE’s supply dynamics reveal that 875,161,702 tokens are currently in circulation, representing approximately 41.67% of its total supply of 2.1 billion tokens. With a fully diluted market cap of $5.78 billion, CORE’s potential market reach is substantial, enhancing investor confidence and interest in the project.

    Technical indicators further support the bullish sentiment surrounding CORE. Exponential moving averages (EMAs) for 50, 100, and 200 days signal a bullish trend, acting as crucial support levels for price movements.

    The MACD line indicates a positive sentiment, strengthening the bullish momentum for CORE. However, the high RSI suggests that the asset may be overvalued, potentially leading to significant price fluctuations.

    Why is the CORE price rallying?

    The recent surge in CORE’s price can be attributed to various factors, notably the endorsement from Coretoshis Lab. This endorsement highlighted the involvement of over 100 crypto institutional investment funds planning to purchase and hold CORE in the current year, instilling confidence in investors and attracting attention to the project.

    Coretoshis Lab’s optimism about CORE’s future trajectory, coupled with references to “going to the Moon” and promising prospects for CoreDAO in 2024, has fueled FOMO among investors eager to capitalize on its upward momentum.

    The Core Chain x Multibit/Bitstable: Core Journey Campaign also kicked off today (April 1, 2024) further fuelling the positive sentiment around CORE cryptocurrency. 

    Share this article
    Categories
    Tags



    Source link

  • Altsignals (ASI), Bitcoin (BTC), Ethereum (ETH) price predictions

    Altsignals (ASI), Bitcoin (BTC), Ethereum (ETH) price predictions

    • Bitcoin (BTC) eyes $80K amid institutional FOMO & strong hodling.
    • Ethereum (ETH) bullish, targets $4,868 ATH with robust technicals.
    • AltSignals (ASI) set a new ATH at of $0.006026.

    In the fast-paced world of cryptocurrency trading, accurate price predictions are highly sought after by investors looking to make informed decisions. Today, we delve into the latest price predictions for three prominent cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and AltSignals (ASI).

    These predictions are based on a combination of market analysis, technical indicators, and industry trends.

    Bitcoin price prediction: eyes on $80,000

    Bitcoin, the pioneering cryptocurrency, is experiencing a surge in momentum, recently reaching a new peak of $72,800 on Binance.

    Analysts speculate that the price could climb even higher, potentially touching the $80,000 psychological level.

    The market is currently witnessing institutional FOMO (fear of missing out), as BTC holders show resilience, refraining from significant sell-offs.

    Technical indicators, such as the Relative Strength Index (RSI), continue to show strength despite overbought conditions. This suggests that Bitcoin might extend its upward trajectory.

    However, profit-taking could lead to a pullback, with key support levels identified at $69,000 and the supply zone between $62,278 and $65,618.

    Ethereum price prediction: expected to reclaim its ATH

    Ethereum, not to be outdone, is displaying robust performance, holding above $4,000. With an impressive 85% increase since the start of the year, ETH is poised to reclaim its all-time high of $4,868.

    The Awesome Oscillator (AO) and RSI signal strong buyer presence and rising momentum, indicating the potential for a 20% climb.

    In case of a pullback, Ethereum may find support around $3,602, providing an opportunity for traders.

    AltSignals’ ASI token and ActualizeAI ecosystem

    AltSignals is set to revolutionize the trading landscape with ActualizeAI, a groundbreaking upgrade incorporating artificial intelligence, machine learning, and natural language processing.

    The AltSignals platform aims to leverage these technologies to provide a fully automated and 24/7 trading capability, improving accuracy and risk management while offering advanced sentiment analysis support.

    The ASI token, integral to the AltSignals ecosystem, was recently been listed on Uniswap after a successful presale that raised 1.8 million. At press time, the ASI/USDT trading pair on Uniswap v3 was trading at $0.005964, 52.56% higher than its all-time low price of $0.003913 recorded on March 5, 2024.

    Although, rising at a sluggish pace, the ASI token hit an all-time high of $0.006026 on March 11, 2024, and analysts expect it to ride the current bullish market sentiment and AI hype and possibly drop a zero by April.

    Beyond trading on Uniswap, ASI holders currently have the opportunity to stake their tokens, earning rewards of up to 25% in the ongoing ASI staking program.

    As a deflationary token, ASI comes with a countdown mechanism, providing access to evolving ActualizeAI trading products and contributing to increased token value.

    ActualizeAI introduces an AI Members Club, rewarding participants with ASI tokens for contributions to product development, backtesting, feedback, and ideas. It emphasizes community governance, allowing token holders to influence the project’s direction.

    What does the future hold for ASI holders?

    Looking ahead, AltSignals has outlined a transparent roadmap, ensuring the community’s involvement and maximizing value for token holders. The roadmap spans quarters, with milestones such as token presale launch, AI model development, dashboard design, burn & staking mechanisms, and partnership acquisitions.

    ActualizeAI’s roadmap includes the development of a real-time dashboard and notifications powered by a sentiment analysis engine. New AI product releases, a 2-Click onboarding design, and increased global marketing efforts are anticipated in the coming quarters.

    AltSignals’ success is underscored by its head start as an established business in 2017. 

    With a loyal community of 50,000 signal users, this predictive machine learning is poised to revolutionize trading indicators, providing a unified platform for both traditional and cryptocurrency markets.

    As AltSignals continues to capture global investor interest, the integration of ActualizeAI promises to disrupt the trading industry, providing traders with cutting-edge tools and technologies for a seamless and empowered trading experience.

    Share this article
    Categories
    Tags

    Source link

  • Swissblock analysts predict a $76k Bitcoin price target as Bitcoin Dogs presale ends in eight days

    Swissblock analysts predict a $76k Bitcoin price target as Bitcoin Dogs presale ends in eight days

    Key takeaways

    • Bitcoin set a new all-time high of $69,170 earlier this week and market experts expect it to rally higher.

    • Bitcoin Dogs has raised more than $8 million so far and its presale will close in eight days.

    Bitcoin sets a new all-time high, targets $76k

    The cryptocurrency market has been extremely bullish this week, with Bitcoin setting a new all-time high price on Tuesday. BTC traded at $69,170 on Tuesday, setting a new all-time high for the first time since November 2021. BTC flash crashed to the $62k level after reaching a new all-time high on Tuesday but is slowly recovering. 

    At press time, the price of Bitcoin stands at $65,864.60, up by more than 3% in the last 24 hours. Thanks to the recent rally, Bitcoin’s market cap has now crossed the $1.2 trillion mark for the first time in over two years.

    Despite setting a new all-time high, Swissblock analysts are confident that BTC’s quick break back above the $62,000 level marked the start of a fresh uptrend targeting the $76,000 price level.

    What is Bitcoin Dogs?

    Bitcoin Dogs is one of the projects attracting attention within the Bitcoin ecosystem. It is a unique project as it is the first BRC-20 ICO on the Blockchain network. 

    According to the development team, Bitcoin Dogs will offer investors an exciting value proposition by combining the basic features of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 culture. This combination will enable users to enjoy an immersive experience when they engage with the Bitcoin Dogs project.

    The Bitcoin Dogs ICO began three weeks ago and has already raised over $8 million. Its launch came a few weeks after spot Bitcoin ETFs in the US launched. The spot Bitcoin ETFs launched by BlackRock, Fidelity, and others are raking in record numbers as more investors buy into the Bitcoin dream. 

    In addition to that, the Bitcoin halving is only 46 days away, and it is an exciting event that could see BTC’s price soar higher in the near term. All these contribute to the special nature of Bitcoin Dogs’ ICO in the market. 

    Bitcoin Dogs is setting a trend by becoming the first BRC-20 ICO on the Bitcoin blockchain. Its native $0DOG will power the Bitcoin Dogs ecosystem. 

    Bitcoin Dogs presale surpasses $8m

    The Bitcoin Dogs presale has already raised more than $8 million roughly three weeks after it was launched. The $8.13 million raised so far indicates rising interest amongst investors for this project and its token. 

    In their whitepaper, the Bitcoin Dogs team said there would only be 900 million $0DOG tokens. In addition to acquiring the tokens, investors would have access to an exclusive NFT collection and an immersive gaming ecosystem. 

    The presale will last for a month and is set to end in eight days. The team is already taking advantage of the rarity and novelty of BRC-20 to attract investors.

    $0DOG tokens would be minted on the Bitcoin blockchain but investors will buy them on ERC-20. This is due to the popularity of ERC-20 tokens. Investors will provide a BTC wallet address and receive $0DOG tokens after paying with ERC-20 tokens. Investors can pay for the $0DOG token using ETH, USDT and USDC stablecoins.

    Click here to learn more about the Bitcoin Dogs presale.

    Should you invest in the Bitcoin Dogs project as BTC sets a new all-time high?

    Bitcoin has set a new all-time high and investors are paying more attention to Bitcoin-related projects. Bitcoin Dogs is the first ICO on the Bitcoin blockchain and is already attracting interest from investors. 

    With the right level of adoption combined with the ongoing bullish cycle, $0DOG could become one of the biggest winners in the coming months and years. 

    Share this article
    Categories
    Tags

    Source link

  • eCash (XEC) price forecast amidst the trending Bitbot presale

    eCash (XEC) price forecast amidst the trending Bitbot presale

    • eCash (XEC) sees a 105% surge in 7 days, hitting $0.00007382.
    • Analysts optimistic about eCash’s future with goals to enhance transaction throughput and protocol upgrades.
    • Bitbot’s presale raises $809,058 in its fourth presale stage.

    eCash (XEC), the rebranded version of Bitcoin Cash ABC (BCHA), has been making waves in the cryptocurrency market as its price experiences significant movements amidst the trending Bitbot presale.

    With the rise of alternative cryptocurrencies like BITBOT and XEC, investors are keen to understand the factors driving its price and predict its future trajectory.

    eCash (XEC): 105% price surge in a week

    Over the past week, eCash (XEC) has seen remarkable price movements, with a notable increase of 105.48%. This surge in price has captured the attention of traders and investors alike, leading to heightened interest and trading activity in the XEC market.

    One of the primary reasons behind the rising price of eCash (XEC) is its rebranding and strategic positioning as electronic cash.

    With a focus on providing a secure, easy-to-use means of transaction, eCash aims to distinguish itself from its predecessor, Bitcoin Cash ABC (BCHA), and assert its presence in the cryptocurrency ecosystem.

    The introduction of features such as the use of “bits” as base units and the integration of a proof-of-stake (PoS) consensus layer called “Avalanche” has further fueled optimism among investors regarding the potential utility and value of eCash.

    eCash (XEC) price prediction

    Given the recent price movements and the evolving landscape of the cryptocurrency market, analysts are optimistic about the future prospects of eCash (XEC). With its focus on scalability, transaction speed, and user experience, eCash is positioned to capitalize on the growing demand for efficient and accessible digital payment solutions.

    Analysts predict that eCash (XEC) could continue its upward trajectory in the coming months, potentially reaching new price milestones as adoption and awareness of the cryptocurrency increase.

    If the price of XEC maintains above 0.00007236, the next target level to watch for could be 0.00010133.

    However, as with any crypto investment, investors need to conduct their research and exercise caution, considering the inherent volatility of the cryptocurrency market.

    Bitbot: revolutionizing trading

    Bitbot, the world’s first Telegram self-custodial trading bot, has emerged as a key player in the cryptocurrency space, offering users institutional-grade tools in a secure and user-friendly package. With its focus on democratizing access to automated trading, Bitbot aims to level the financial playing field and empower users to make informed investment decisions.

    The Bitbot roadmap outlines ambitious plans for the future, including the launch of the $BITBOT token, listing on decentralized and centralized exchanges, and partnerships with top influencers to boost visibility.

    With a commitment to continuous innovation and enhancement of its trading technology, Bitbot is poised to shape the future of cryptocurrency trading.

    Bitbot presale

    Currently, the Bitbot presale is underway, attracting significant interest from investors looking to capitalize on the opportunity to participate in the project’s early stages.

    The presale has garnered substantial attention raising an impressive $809,058 out of an $862,000 target for the current Stage 4.

    In the current stage, the $BITBOT token is going for $0.0116 per token. However, the price is expected to rise to $0.0122 in the next presale stage which is just around the corner seeing that stage four is almost sold out.

    As the presale progresses through its stages, the funds raised contribute to the development and realization of Bitbot’s ambitious roadmap.

    Conclusion 

    eCash (XEC) and Bitbot represent exciting opportunities in the cryptocurrency market, with both projects offering innovative solutions and growth potential.

    Nevertheless, to navigate the dynamic landscape of digital assets, staying informed and conducting thorough research remains crucial to making informed investment decisions.

    Share this article
    Categories
    Tags

    Source link

  • Pangolin (PNG) price prediction after 234% surge in a day amid Bitcoin Dogs frenzy

    Pangolin (PNG) price prediction after 234% surge in a day amid Bitcoin Dogs frenzy

    • Pangolin (PNG) surged 234% in 24 hours, hitting $0.31.
    • Technical indicators hint at short-term correction, but bullish momentum persists.
    • Bitcoin Dogs presale raises $4,241 in slightly over a week.

    Pangolin (PNG), the native governance token of the Pangolin DEX, has experienced an unprecedented surge, catapulting to multi-month highs amidst a frenzy surrounding a new canine-themed NFT project called Bitcoin Dogs that’s conducting the first of its kind ICO on the Bitcoin blockchain.

    The PNG token soared by an astonishing 234% in just 24 hours, reaching highs of $0.31 as trading volume skyrocketed by a staggering 5500% as we had highlighted in our earlier news coverage.

    Pangolin (PNG) price chart

     

    Pangolin (PNG) price: a thrilling rally

    Pangolin’s remarkable price surge marks a significant milestone for the multi-chain DEX platform, which has been gaining traction amidst the backdrop of Bitcoin’s battle to maintain the $50,000 level. The surge in PNG price is a testament to the growing enthusiasm among investors for decentralized finance (DeFi) projects, particularly those driven by community initiatives.

    Pangolin’s native token, PNG, has not only seen an extraordinary uptick in price but also in its trading volume. Within a day, the 24-hour trading volume catapulted by an astonishing 5500%, soaring to over $4.7 million. This surge propelled the Pangolin market cap to over $54 million, doubling within a mere 24 hours.

    PNG, being 100% distributed to the community without team, advisor, or investor allocations, has attracted a wave of interest, resulting in a substantial increase in daily trading volume.

    The recent price explosion for PNG is a departure from its struggles to breach the $0.12 mark since December. It indicates a renewed activity and optimism within the community-driven project, which has been further fueled by a new team taking the reins and outlining an ambitious roadmap for Pangolin’s comeback.

    Pangolin price prediction

    As PNG continues its upward trajectory, investors eagerly anticipate its future movements. Technical indicators on the 4-hour chart suggest a potential correction in the short term, with the Relative Strength Index (RSI) indicating a cooling of buying pressure. However, the RSI line remains comfortably above its Simple Moving Average (SMA) line, suggesting that buyers still hold strength, leaving room for further upward movement.

    Should PNG manage to close the daily candle above the $0.19895 resistance level, it may establish a strong foundation for continued growth in the following 72 hours. Analysts predict that the Pangolin price could go as high as $0.4 by the end of next week if the token maintains the current bullish momentum.

    However, failure to overcome this resistance level could lead to a retracement towards the immediate support at $0.13500, potentially pushing the price back into a previous sideways channel.

    Bitcoin Dogs frenzy and 0DOG presale

    Amidst the excitement surrounding Pangolin’s surge, the crypto community finds itself captivated by the allure of Bitcoin Dogs, an innovative project at the forefront of the blockchain revolution. Bitcoin Dogs offers a unique blend of crypto and canine companionship, where dog lovers and crypto enthusiasts converge to trade, collect, and engage in a barking-good time.

    At the heart of the Bitcoin Dogs ecosystem lies the Dogaverse, a virtual playground where users can immerse themselves in a world of playful interactions and rewarding opportunities. The 10k Ordinals NFT Club adds an extra layer of excitement, allowing users to collect and trade unique digital assets within the Dogaverse.

    Currently, Bitcoin Dogs is hosting the 0DOG presale, the first-ever ICO on the Bitcoin blockchain. With prices climbing every 3 days, early adopters have the opportunity to secure their piece of the Bitcoin Dog pie at a favourable rate. The presale has already raised a staggering $4,241,493.33, with investors eagerly anticipating the next stage price of $0.0251.

    To participate in the Bitcoin Dogs ICO, visit the Bitcoin Dogs website to purchase a share of the 810 million 0DOG tokens available for the presale.

    Share this article
    Categories
    Tags

    Source link