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  • Bitcoin Pepe, BTC, and Solana

    Bitcoin Pepe, BTC, and Solana

    Bitcoin price action

    Crypto majors including Bitcoin remain under pressure amid a neutral market sentiment. However, revolutionary projects within the sector are thriving as savvy investors look for cheaper alternatives with great growth potential.

    Bitcoin Pepe, the first meme ICO on the Bitcoin network has captured the attention of crypto enthusiasts, surpassing $1 million within the first 6 hours of its presale. Its early adopters acknowledge that its unique approach of merging the meme culture with Solana’s speed and Bitcoin’s security will yield hefty returns ahead of its launch in Q2’25.

    Bitcoin price to remain range-bound amid a neutral market sentiment 

    Bitcoin price has remained in consolidation; trading in the red for the third consecutive week. At a fear & greed index of 47, which points to a neutral market sentiment, the crypto major may remain range-bound in the absence of a key near-term catalyst. 

    In the short term, the range between the support level of $93,500 and the resistance zone of  $100,898.95 remains worth watching. Indeed, below this range, this thesis will be invalid. If successful at breaking the current resistance, bitcoin bulls will have their eyes on the next target at $102,954.12.

    Bitcoin Pepe’s unique trifactor positions it for fastest-growing ICO of 2025

    Bitcoin Pepe, the first meme ICO on the Bitcoin network, has already raised over $1.7 million within the first 48 hours of its presale. Indeed, this is the playing field that meme coin enthusiasts have hungered for. 

    On the one hand, Bitcoin is highly valued as the main alternative to fiat currency. Besides, it is considered as a safe haven and hedge against inflation. 

    While its Proof-of-Work (PoW) system assures Bitcoin’s unmatched security, it results in slower transaction speed of up to 60 minutes. In comparison, it takes about 0.5 seconds for a transaction to be completed on Solana with up to 65,000 transactions processed in a second. 

    Bitcoin Pepe has merged the two while propelling the meme culture; a trifactor that has captured the attention of crypto enthusiasts. The project leverages on Bitcoin’s security and Solana’s super speed while integrating the ultra-popular meme culture. 

    It is this ideal setup that has sparked immense interest among crypto enthusiasts. Amid the heightened FOMO, savvy investors understand that the current price of $0.0232 may be the lowest for the BPEP token moving forward. 

    It is currently at stage 3 of the total 30 stages on its 2025 roadmap, which also includes launching a decentralized exchange (DEX) and L2 Bridge. As it achieves these developments, its value is set to skyrocket. As such, this is the best opportunity for cryptocurrency enthusiasts to amass some BPEP tokens. Buy the Bitcoin Pepe here.

    Solana price will need steady rebounding to ratify trend reversal

    Solana price is set for its fourth week of losses despite the recent rebounding that cut across crypto majors. While the selling pressure may remain a headwind in the near term, improvement of the market sentiment may flip its plight as it leverages on its super speed and low transaction fees. 

    In the meantime, the bulls are keen on defending the support at $186.21. On the upside, additional momentum may have it break the resistance at $206.48. However, a rebound past $215.70 to rubberstamp a trend reversal. 

     

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  • Bitcoin’s journey to $120,000 could lift Solana to $624 and ignite a rally to $6.50 for this $0.125 SOL competitor

    Bitcoin’s journey to $120,000 could lift Solana to $624 and ignite a rally to $6.50 for this $0.125 SOL competitor

    Bitcoin’s impressive climb towards $120,000 is set to create ripples across the crypto market, with Solana (SOL) projected to surge to $624 according to some analyst forecasts. Amid this rally, Rexas Finance (RXS), a rising competitor to SOL, could offer a golden opportunity for investors. Currently priced at just $0.125, RXS could be primed to ride the market wave, potentially reaching $6.50 as its innovative tokenization solutions gain traction. With its Certik audit and upcoming Tier 1 exchange listings, RXS stands out as a low-cost altcoin with massive growth potential. 

    Rexas Finance (RXS)

    Solana (SOL) competitor Rexas Finance is the user’s gateway to the future of asset management. Rexas Finance enables users to own or tokenize digitally any real-world asset, from real estate to commodities, on a worldwide scale. With Rexas Finance, users can gain a market with endless asset investment opportunities.

    Rexas Token Builder: It is normally used to tokenize their real-world assets and commodities. To make it easy for individuals to get digital ownership and offer access to the global market.

    Rexas Launchpad: This feature helps the asset owners raise funds for their tokenized assets, offering liquidity and new investment options for the crypto users.

    Rexas Estate: The project’s one of the most exciting features is Rexas Estate which enables crypto users to co-own the real-world assets and earn passive income in stablecoins.

    Rexas GenAI & DeFi: It is mainly utilized by artists who can use Rexas GenAI to develop and tokenize digital artworks, while Rexas DeFi allows users to swap digital assets across multiple networks with ease.

    Rexas Treasury: A multi-chain yield optimizer that enables users to earn compound interest on their crypto deposits, which adds one more layer of financial utility to the project.

    Furthermore, Rexas Finance began the presale of the native token RXS on September 8, 2024. The total supply of RXS tokens is 1 billion. Rexas project has raised over $21.7M until now, with 90% of the 9th presale stage over. This event is important for the platform as it allows early investors to engage in what might turn into a revolutionary solution for RWA tokenization.

    Rexas Finance’s $1M Giveaway is live, offering a huge chance for early adopters to join the project’s growth. With a current token price of $0.125 and a projected listing price of $0.20 indicate a good opportunity for investors. Moreover, Rexas Finance has been listed on CoinMarketCap and CoinGecko. Furthermore, Rexas Finance (RXS) has the potential to be listed on Top 3 Tier 1 exchanges. Rexas Finance’s security is validated by a rigorous audit conducted by Certik. 

    About Rexas Finance (RXS)

    Rexas Finance is the users’ gateway to the future of asset management. Rexas allows users to own or tokenize virtually any real-world asset, from real estate and art to commodities and intellectual property worldwide. With Rexas, users gain access to a world where asset liquidity and investment choices are boundless.

    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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  • Solana integrates Filecoin to boost its blockchain; Bitcoin Dogs gains momentum

    Solana integrates Filecoin to boost its blockchain; Bitcoin Dogs gains momentum

    • Solana has partnered with Filecoin to boost its blockchain’s reliability and scalability.
    • Bitcoin Dogs has raised over $1.7 million as the crypto community flock to the world’s first ICO on Bitcoin.

    Solana is looking to bolster its blockchain network with a key partnership with decentralized storage platform Filecoin. Meanwhile, Bitcoin Dogs is storming through its presale as the crypto community takes note of its potential.

    Solana and Filecoin partner

    In one of the groundbreaking developments this week, Filecoin, the decentralized data storage marketplace and crypto platform, announced it had integrated with Solana, the blockchain network home to a bustling token ecosystem.

    Filecoin said in a statement that the collaboration will see Solana tap into Filecoin’s infrastructure to bolster the reliability and scalability of its network. The partnership comes a few days after Solana suffered an outage and is a major move that signals the blockchain platform’s focus on further traction. 

    Tapping into Filecoin’s decentralized storage solutions makes Solana’s block history not just more accessible, but also readily usable for the community, including indexers, explorers and infrastructure providers.

    “By leveraging Filecoin’s decentralized storage capabilities, @solana can achieve data redundancy, scalability, and enhanced security while staying true to its decentralized ethos,” the Filecoin team said.

    Solana price

    Solana’s price rallied to highs of $118 despite the recent downtime and although its down 2.3% in the past 24 hours, its poised above the psychological $100. Analysts expect SOL to skyrocket in coming months alongside the broader altcoin market. Ethereum spot ETF approval in May could add to the tailwinds from Bitcoin’s halving to push the market higher.

    Bitcoin Dogs’s presale enthralls crypto investors

    Bitcoin Dogs is a new crypto project that’s currently storming through its presale, with over $1.6 million already raised less than 72 hours after the historic ICO launched.

    As detailed in their whitepaper, Bitcoin Dogs is a gaming and NFT platform set to lead the next growth era for Bitcoin Ordinals. With the Bitcoin Layer-2 ecosystem thriving amid projects such as Stacks, Bitcoin Dogs is coming in to open the landscape further with gaming, NFTs and BRC-20 tokens.

    $0DOG, the native Bitcoin Dogs token, is indeed the world’s first ICO on Bitcoin. The token will power the new project’s ecosystem, offering holders access to the 10K NFT Collection and Bitcoin Dogs Club. A blend of interactive gameplay, $0DOG rewards and fun all come to Bitcoin as the community shows their love for the beloved pets.

    A total of 900 million $0DOG tokens are minted, with the presale offering 90% or 810 million of the total supply to early bird investors. To capture the current momentum and build into its potential, the Bitcoin Dogs team has outlined a 10-stage ICO that will run for 30 days only.

    Is Bitcoin Dogs worth buying?

    The crypto investment community that hailed projects like Axie Infinity, Tamagotchi and BAYC, is excited about Bitcoin Dogs. In particular, investors see $0DOG as standing out from the rest for its pioneering ICO on Bitcoin and the potential to drive the gaming ecosystem on the flagship blockchain network.

    The outlook is more apparent given the prevailing market sentiment, with crypto on the cusp of a major rally led by Bitcoin. In this case, an early bet on $0DOG at the current presale values could be worth a huge return in coming months.

    Read more about $0DOG here.

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  • Ronin Outpaces Solana to Grab Top 3 Daily Active Users; This GameFi Token Will Dominate Industry

    Ronin Outpaces Solana to Grab Top 3 Daily Active Users; This GameFi Token Will Dominate Industry

    If you’re tuned into the crypto scene, you might have heard the buzz surrounding Ronin lately. Ronin has surged ahead, surpassing Solana to claim a spot in the top three for daily active users. Meanwhile, Galaxy Fox is emerging as a formidable contender in the GameFi space, poised to dominate the industry with its innovative approach. 

    Let’s delve deeper into these exciting developments and explore why Galaxy Fox is considered one of the best ICO by many, presenting an unparalleled investment opportunity this year. 

    Ronin Outpaces Solana to Grab Top 3 Position of Daily Active Users

    Ronin is making waves in the cryptocurrency world, swiftly outpacing Solana to secure a coveted spot in the top three list for daily active users. Just recently, Binance announced the listing of $RON trading pairs, sending excitement rippling through the community. The surge in interest saw $RON hitting highs of around $3.51, nearing its previous peak of $4.29 back in January 2022.

    The surge in activity of this good crypto to buy coincided with a significant uptick in daily active users on the Ethereum sidechain, specifically tailored for gaming purposes. However, the initial excitement was short-lived as profit-taking ensued, causing $RON’s price to retreat by nearly 20% within hours. Despite this, the Ronin Network remains a pivotal player in the blockchain gaming sphere and much of the lost ground has already been regained.

    Designed by Sky Mavis, the creators of the immensely popular Axie Infinity, the Ronin Network was crafted to address the scalability issues plaguing gaming applications on traditional blockchains like Ethereum. Through a hybrid Proof-of-Authority and Delegated Proof-of-Stake consensus model, Ronin ensures rapid validation of transactions while upholding decentralization principles.

    What sets Ronin apart is its singular focus on meeting the demands of high-volume gaming applications. In 2021 alone, Ronin processed a staggering 15% of all NFT trading volume, showcasing its prowess in handling the needs of gaming ecosystems.

    $GFOX: The GameFi Token That Will Dominate the Industry 

    Galaxy Fox is a rising star in the world of cryptocurrencies, securing a spot in the best upcoming ICO list of many investors and analysts. Unlike traditional meme coins that offer little beyond hype, Galaxy Fox blends GameFi elements with a playful nod to meme culture, creating a unique and enticing investment opportunity.

    Galaxy Fox breathes new life into the meme ecosystem by introducing innovative features that combine gaming with financial incentives. With a Web3 endless runner game backed by NFTs already in place, the project plans to expand its gaming offerings in the future, promising a diverse and engaging experience for users.

    But Galaxy Fox isn’t just about fun and games—it’s also a sound investment. With a 6% buy-and-sell tax policy, revenues generated from transactions are used to fund staking rewards and maintain a marketplace for trading the coolest NFT assets and digital items. This ensures a steady flow of funds to support the project’s development and reward its community members.

    As Galaxy Fox gears up for its next presale stage, now might be the perfect time to get involved, as the current stage offers $GFOX at a discounted rate of $0.00198. With over $3.2 million already raised and 98% of the tokens for Stage 7 already sold, things are heating up fast. Don’t miss out on this opportunity to join a project poised for success in the burgeoning GameFi space.

    Conclusion

    Galaxy Fox stands as a beacon of innovation in the world of the best upcoming ICO, offering both entertainment and financial opportunities. With its unique blend of GameFi elements and meme culture, it’s primed to dominate the industry in the coming years. Visit Galaxy Fox’s website and join their community via Telegram to learn more and get involved in this exciting project.

    Learn more about $GFOX here:

    Visit Galaxy Fox Presale | Join the Community

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  • If BONK can 10x, Solana phones will be worth $7000; meanwhile GFOX heads for $2 million

    If BONK can 10x, Solana phones will be worth $7000; meanwhile GFOX heads for $2 million

    Crypto has shocked the world yet again, and as open interest heats up, it is clear that risk-on market participants will thrive in the coming two years. Speculative appetite is up, and following the Bitcoin (BTC) Spot ETF approval anticipation, a dramatic industry repricing will occur.

    According to many, anybody who bought a Solana (SOL) Saga, which recently sold out in the US, should HODL the phone! If Bonk (BONK) can 10X the Solana phones will be worth $7,000. But the real top crypto to buy now is Galaxy Fox ($GFOX), which heads for $2 million and promises one of the best price discovery phases of any token in 2024.

    Saga sales turnaround: a strange success story

    Saga, a mobile phone released by Solana, was the first piece of hardware created by a layer one blockchain. Although sales were dismal and founder Anatoly even backpedalled on the product, stating it was an experiment in a podcast, the enormous surge of $BONK has breathed new life into the market. 

    Each phone comes loaded with an airdrop of 30 million $BONK, and if Bonk can 10x, the Solana phones will be worth nearly $7,000. Not bad for a phone that costs $599! The rampant increase in BONK’s valuation has single-handedly reversed the fortune of the Saga and driven the phone from a lack of sales to being sold out. A secondary market has even emerged, with people paying thousands of dollars for new, unopened Sagas.

    Will Bonk become retrospectively the best crypto to buy in 2023? For those early enough, certainly, but memecoins have a pre-ordained life cycle, and when Tier 1 centralized exchanges list them (Binance and Coinbase), the trade is already over. For those that missed $BONK, the top crypto to buy now and the next big opportunity is $GFOX.

    Galaxy Fox ($GFOX) aims at $2 million next step $5 million

    Galaxy Fox continues raising and has blown past its competitors when it comes to funding. Steadily closing in on $2 million and with $5 million as the next target, the natural question is just how high this P2E token can go. Early momentum paints a wonderfully accurate picture of future performance and judged on this metric, $GFOX is the top crypto to invest in before the end of 2023.

    This play-to-earn token is expanding the boundaries of what it means to be a P2E project. Instead of just the top-ranked players earning rewards, Galaxy Fox has enabled the entire community to earn thanks to its introduction of staking rewards. 

    Beyond this, the ecosystem provides novel ways for skilled market actors to generate profit, including an NFT marketplace. NFTs grant in-game stat bonuses, and logic dictates that as the prize pool for its runner game grows larger, the floor price of NFTs will climb as the stat boosts they confer grow more valuable. Mint an NFT early and flip it as the prize pool climbs? Could it be the best meta-trade within this cosmic ecosystem?

    Analysts have already forecast 100x gains in 2024, citing the protocol’s intricate taxation system, which funds staking payouts, the liquidity pool, and the Treasury. Taxes funding staking rewards means no long-term inflation. Tokenomics are deflationary, allowing value to accrue steadily over time. The Treasury funds ecosystem development initiatives, meaning more activity will equate to more new users, and a flywheel will activate. 

    Closing thoughts: memecoins & P2E tokens primed to explode in 2024

    The meta in the last quarter of 2023 has certainly been memecoins, and Bonk’s outrageous performance offers testament to this statement. Heading into 2024 this trend will remain intact, and GameFi is expected to become another dominant market vertical. 

    To learn more about $GFOX, visit Galaxy Fox Presale or join the Community.

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  • IoTeX, Bitcoin and Solana surge as Pullix emerges as a unique hybrid DeFi exchange

    IoTeX, Bitcoin and Solana surge as Pullix emerges as a unique hybrid DeFi exchange

    IOTX logo on a mobile phone screen
    • IoTeX’s IOTX token is up 163%, driven by an on-chain metrics surge.
    • Pullix’s ongoing presale raises $1.4M; platform introduces innovative “Trade-to-Earn” model.
    • Solana hits a 19-month peak above $102, surpassing XRP in market cap ranking.

    While IoTeX, Bitcoin, and Solana witnessed considerable gains in the past few weeks, a new hybrid DeFi exchange Pullix is making waves with its PLX token presale.

    Read along as we explore the recent market movements as we head into 2024 and the promising features of Pullix, currently in its presale stage.

    IoTeX: bridging physical and digital realms

    IoTeX (IOTX), the native token of the IoTeX network, a decentralized platform facilitating machine-to-machine interactions, has experienced a remarkable surge. The token has gained 109.27% in the last month to trade at $0.05255 at the time of writing. It is trading 162.93% higher over the past year, making it among the very few cryptocurrencies to sustain a bullish trend.

    IOTX price chart

     

    Recent on-chain metrics reveal a surge of over 90% in IoTeX’s native token, IOTX, within the past week. A notable catalyst for this breakout is the platform’s increased activity and adoption, exemplified by processing over 1 million transactions in a single day on December 19th.

    IoTeX’s innovative hardware integration in security and oracle sectors, including products like Ucam home security cameras and Pebble data oracles, is capturing the attention of investors.

    Bitcoin hits $44K

    Bitcoin (BTC), the pioneering cryptocurrency, hit a daily high of $44,075.15 for the first time in over a year. 

    Bitcoin price chart

    While the asset experienced some retracement, the overall trajectory remains positive buoyed by the high anticipations of a spot Bitcoin ETF approval by January 10 and the upcoming Bitcoin halving event. 

    In a review of 2023, Kaiko Research stated that “Bitcoin is set to close the year as one of the best-performing assets, up more than 160% and outperforming all major traditional assets even in risk-adjusted terms,” second only to semiconductor giant Nvidia.

    Solana’s soaring success

    Solana, a high-performance blockchain platform, has outshone other larger-cap altcoins, reaching a 19-month peak above $102. The SOL token price has surged by 765.76% in the past year joining the likes of IoTeX for a consistent bullish surge throughout the year.

    Solana price chart

     

    This surge has propelled SOL to surpass XRP as the fifth-largest cryptocurrency. Other notable gainers in the market include Avalanche (AVAX) and Polkadot (DOT), both experiencing significant price increases.

    Pullix: redefining crypto trading with a hybrid approach

    While the larger crypto market surges towards 2024, Pullix, is set to redefine crypto trading with its innovative hybrid exchange. Combining the strengths of centralized and decentralized exchanges, Pullix introduces a unique “Trade-to-Earn” concept through its native token $PLX.

    The PLX token presale has seen substantial interest, raising $1,387,783 with 85.4% of tokens already sold.

    Investors holding PLX tokens enjoy various benefits, including passive income through staking, trading fee discounts of up to 60%, and exclusive rewards derived from the platform’s daily revenue.

    Should you invest in Pullix? Evaluating the prospects

    As Pullix gains momentum in its presale, investors may wonder whether it’s a worthwhile addition to their portfolios. Maybe the platform’s commitment to transparency, a crypto deposit-only system, and no KYC requirements could be a consideration when thinking about whether or not to invest in it.

    In addition, staking PLX offers a chance for users to earn passive income, and the innovative buy-back and burn mechanism creates scarcity, potentially driving up token value.

    However, as with any investment, investors must conduct thorough research, considering the risks and rewards involved especially with the highly volatile cryptocurrency market.

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  • Solana (SOL) rally to $100 could benefit BONK, Memeinator

    Solana (SOL) rally to $100 could benefit BONK, Memeinator

    • Solana price is up 30% in 24 hours as bulls look to strengthen above $70.
    • Meanwhile, Bonk (BONK) has hit a new all-time high amid the bullish SOL outlook.
    • Is the Memeinator (MMTR) likely to benefit from a resurgence in meme coins like Bonk? 

    Solana traded to above $72 on Friday morning, with SOL price gaining more than 13% in the past 24 hours to pierce a level last seen in May 2022.  Solana’s price was hovering at 19-month highs, with bulls boasting a more than 800% spike since SOL flipped higher from lows of $8 in late December 2022.

    Could this surge for SOL cascade to Solana ecosystem meme coin Bonk (BONK)? What would a surging BONK mean for Memeinator (MMTR)?

    Solana (SOL) price could surge to $100 in coming weeks

    Analysts are predicting the 6th ranked cryptocurrency could continue an upside trajectory towards the $100 mark. 

    A look at the charts shows SOL/USD has notched 7 green weekly candles out of the last 8, and on the monthly chart, its four consecutive greens for the first time since SOL rallied higher with five straight greens from July to November 2021.

    Solana price on the weekly chart. Source: TradingView

    With buy-side pressure likely to mount amid key network growth and price action, the former BitMEX CEO Arthur Hayes’ bullish call for Solana to $100 could be on the cards. While that may not happen this weekend, strengthening above $70 could bulls the foundation to assault the higher levels.

    If bears manage to poke their nose into bulls’ business in the short term, then a bearish retest of support could be possible for the range of $60-$55. Below that is the $50 level which will likely act as a robust support area.

    Bonk (BONK)  – Solana-based meme just hit new ATH

    Bonk (BONK) is a Solana-based dog-themed meme coin that has seen significant gains over the past few weeks. Within the Solana ecosystem, BONK stands out as one of the top performing coins, rising over 200% in the past week.

    Over the past 30 days, this meme token has jumped over 1,000%. The past 24 hours have seen BONK rise 30%, hitting an all-time high of $0.00001224 on December 8. This came as trading volume reached $200 million and up 137% in the last 24 hours.

    BONK was launched last year and struggled for any community traction as the meme coin space experienced a dip. However, with interest in Solana rising over the past few months as investors took positions around the layer 1 blockchain, BONK benefited.

    Should the bullish sentiment around Solana continue, and meme coins like Dogecoin, Shiba Inu signal a return of the meme coin glory days, BONK price could take a few zeros off the price level.

    Memeinator price prediction – will MMTR catch the meme coin resurgence?

    The Memeinator (MMTR) is a new meme token looking to leverage artificial intelligence (AI) in the quest to emerge as the top meme coin. While the token has yet to launch, its presale is attracting a lot of attention from investors.

    Memeinator’s whitepaper highlights potential utility via gaming, non-fungible tokens (NFTs), decentralised applications (dApps) integration and staking. As alluded to on the presale page, the MMTR is a token designed to clean the meme coin world by targeting weak meme tokens.

    The project hopes to capture a $1 billion market cap by overtaking low or no utility. This has the investor community primed, with a resurgence in meme coins like Pepe, Bonk and Floki likely the reason the Memeinator presale has raised over $1.75 million already.

    Recent updates like a massive 129 million MMTR burn and launch of staking is likely to see further interest as the presale moves towards a close.

    Once it launches on major exchanges, the price of Memeinator could rise significantly, with buyers who get in at the current $0.014 price potentially adding to the 250% increase the token will see through the remaining presale stages as it rises to $0.049.  

    If market conditions align for a bullish rally in 2024 when MMTR launches, this token could target $0.1 in the year and $0.5 to $1 by end of 2025.

    Find out more before you invest on the Memeinator social media pages or their website.

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

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

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

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

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

    Solana price breaks above $54

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

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

    Solana price chart. Source:TradingView

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

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

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

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

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  • Pro delivers a $2 trillion BCH, Solana, Litecoin, Mina, Bitcoin price prediction

    Pro delivers a $2 trillion BCH, Solana, Litecoin, Mina, Bitcoin price prediction

    • An analyst at Standard Chartered delivered a strong Bitcoin prediction.

    • He expects BTC price to jump to $120,000 in 2024.

    Bitcoin price has continued wavering in the past few weeks as investors wait for the next important crypto news and US inflation data. The coin was trading at $30,400, where it has been at in the past two weeks. As a result, the fear and greed index has moved to the neutral point of 56.

    Standard Chartered is bullish on Bitcoin

    Bitcoin price has jumped by more than 90% in 2023, meaning it has outperformed popular financial assets like the Dow Jones and the Nasdaq 100 indices. It has also done better than gold and other metals.

    Now, despite the recent consolidation, some analysts believe that Bitcoin price has more upside in the next few months. The two biggest potential catalysts are the potential for a Bitcoin ETF. Analysts believe that the SEC will accept one or all of the recent proposals by companies like Blackrock and Invesco.

    The other potential catalyst for Bitcoin will be the upcoming halving, which will happen in April next year. Historically, Bitcoin tends to rally ahead of the halving event. We can also look at the spectacular performance of Litecoin price since July last year. Litecoin’s halving will happen in August.

    Some analysts are bullish about Bitcoin. The most bullish analyst is from Standard Chartered. Two months ago, the analyst said that Bitcoin could surge to $100,000 by the end of 2024. In a note this week, the analyst said that he believes that BTC price could jump to $120,000. The analyst cited the ongoing miner activity, saying:

    “It is the equivalent of miners reducing the amount of bitcoins they sell per day to just 180-270 from 900 currently. Over a year, that would reduce miner selling from 328,500 to a range of 65,700-98,550 – a reduction in net BTC supply of roughly 250,000 bitcoins a year.”

    ‘If Standard Chartered’s Bitcoin prediction is accurate, it means that its market cap could hit over $2.3 trillion by the end of 2024. That’s because BTC has a market cap of over $591 billion.

    Altcoins could jump as well

    If this Bitcoin’s prediction is accurate, it means that other altcoins will do the same. For example, popular proof-of-work coins like Litecoin and Bitcoin Cash could resume their bullish rally. Litecoin has already jumped by over 134% from its 2022 lows. Bitcoin Cash, which is a Bitcoin’s hard fork, has risen by over 100% in the past few weeks.

    These coins are doing well because of their upcoming halving events. Litecoin will go through halving in August while Bitcoin Cash’s will take place in December. These coins will also benefit if the SEC accepts the ETF since more companies will be motivated to launch their ETFs.

    Other cryptocurrencies like Compound, Solana, Mina. and Internet Computer (ICP) could benefit because of the close correlation that exists in the crypto industry.

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  • Raoul Pal says Solana (SOL) could skyrocket to above $400

    Raoul Pal says Solana (SOL) could skyrocket to above $400

    • Raoul Pal, CEO of Real Vision is super bullish on Solana (SOL).
    • According to Pal, SOL could rally 20x from current levels if it mirrors Ethereum’s 47x move from its 2018 low.
    • He also says Bitcoin price could triple from its all-time high level amid a supply crunch in 2023.

    Raoul Pal, the founder & CEO of Real Vision suggests Solana (SOL) could embark on a massive price move. If the “dream scenario” for the world’s 10th largest cryptocurrency by market cap occurs, SOL could outperform both Bitcoin (BTC) and Ethereum (ETH).

    Pal shared his massively bullish outlook for Solana during a recent interview in which he shared  views on varied topics. These  include AI and its impact on jobs, BlackRock’s ETF filing and CEO Larry Fink’s remarks about BTC.

    He also aired his thoughts on the Ethereum/Bitcoin flippening debate, central bank digital currencies (CBCDs), global economy and government money printing before briefly offering his price prediction Solana. The macro guru also shared predictions for Bitcoin and Ethereum.

    Solana price prediction

    On what he thought of the price performance of BTC, ETH and SOL in the next bull cycle, Pal shared a highly bullish projection for Ethereum’s “competitor.”

    Currently, Solana trades around $21, about 1.4% down in the past 24 hours. 

    However, the cryptocurrency is more than 10% in the green over the past seven days and 43% in the past 30 days. While it’s also down 43% from its value a year ago, Pal noted that the bottom might have come when prices fell to around $9 in December 2022.

    With this outlook, Pal suggests SOL could do what ETH achieved after bottoming in 2018 – roaring to its all-time high above $4,800 during the last bull market. The macro guru says that if Solana takes on this projection, the potential gains could be staggering.

    He compared the 47x that ETH saw after the 2018 low to what Solana could do. He opined:

    “Look… there’s a possibility – a dream scenario – that Solana does what ETH did from the 2018 low which was a 47x. The Solana low was nine bucks, so you could do the maths [and] the numbers are potentially very interesting.”

    While Solana’s price might not do the 47x or so that Ethereum price managed since its bottom in 2018, Pal predicts a “20 something x” move. According to him, this is a reasonable outlook for a protocol that’s battle-tested and is seeing a huge spike in network and ecosystem activity.

    Should Pal’s bullish outlook for SOL price hold, it would mean an eventual burst to prices above $400 for the cryptocurrency. In the last bull market, Solana rose to the all-time high at $260.

    Bitcoin and Ethereum price predictions

    For BTC and ETH, Pal agreed with projections of a 3x and 5x respectively – suggesting Bitcoin could more than triple its value during the next bull cycle. However, that is from the all-time highs that was $69,000 in November 2021. 

    Trippling from that ATH would mean a 6x from current prices, he opined. But that would depend on severa factors that could dictate market direction.

    “It’s very difficult to predict where it actually goes, but what we can say is [that] it’s reasonable that Bitcoin from all-time highs doubles or triples. That’s not asking a lot. That will be the worst bull market in Bitcoin’s history.”

    According to him, a potential supply crunch in 2023 is what could squeeze Bitcoin to a new all-time high.

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