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news-imageApril 27, 2024

3 cryptocurrencies to avoid trading in May's first week

Finbold encountered three cryptocurrencies to avoid trading in the first week of May due to significant token unlocks.
Publisher: Finbold
Sentiment: Negative
DYDX
MEME

More News Articles

Positive
cover-imageCrypto Economy
December 6, 2024

DYDX Price Explodes 24% After Trump Appoints AI & Crypto Czar

TL;DR dYdX price rises 24% after David Sacks is appointed as AI and crypto “Czar” at the White House. Trading volume increases by 270%, reaching $453 million, and its market capitalization rises to $1.5 billion. Craft Ventures' investment in dYdX and Sacks' appointment as “Czar” generate strong bullish sentiment, with net investment flows surpassing $2.

Positive
cover-imageCoinPedia
December 6, 2024

dYdX Hits $2.5 Amid Rising Demand from Whales: Is $3.2 the Next Resistance?

Today, Bitcoin's price experienced a significant drop from its $100K level, while the altcoin market remained strong. Among the standout performers, the price of dYdX soared over 35%, reaching the $2.5 resistance mark. Triggered by increasing demand and positive news, analysts are bullish that the dYdX price may soon surpass the $3.2 resistance level.

Neutral
cover-imageTokenpost
December 2, 2024

FxWirePro- Token Unlock Tomorrow (OP)

Tomorrow, Immutable X (IMX) will unlock about 24.52 million IMX tokens, which constitutes approximately 1.47% of the circulating supply and is valued at around $41.68 million. This token unlock is part of a planned tokenomics strategy designed to foster the growth of the Immutable ecosystem.

Positive
cover-imageThe Currency Analytics
November 20, 2024

Whales Hold 84% of Optimism (OP): What This Means for Its Price Surge

Optimism (OP) has been gaining attention in the crypto market, with some analysts predicting a 60% rally if the token can break through a critical resistance level. Michaël van de Poppe, a well-known crypto analyst, has identified that once OP clears its $1.83 resistance, it could see a rapid price surge, potentially pushing the token toward higher price targets.

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