The broader digital currency ecosystem trends have called for caution among crypto investors as total market liquidation has surpassed the $490 million threshold. According to data from CoinGlass, the total liquidation has impacted over 185 traders as top altcoins Dogecoin (DOGE) and XRP come into focus.
Shiba Inu (SHIB) became well-known in cryptocurrencies by turning little investments into riches over its explosive climb. But as the token ages and its market fills, the explosive potential that once distinguished it starts to fade.
The meme coin mania of the past few weeks pushed Shiba Inu's (SHIB) price to an eight-month high of $0.000030 on November 12. Due to this hike, a significant portion of SHIB's supply is now profitable.
Stellar's XLM token has recorded a 180% weekly price increase and 480% monthly gain, reaching $0.566 with a $17.3B market cap, amid strong trading volume and technical breakout patterns.
Whale wallets holding SHIB have increased their positions by 425% during a period of price consolidation near $0.000029, while trading volume and open interest decline.
The Stellar market has grown by at least 478.057% since November 5. The sharp surge in the price of XLM has grabbed the attention of the crypto community.
VeChain (VET) has maintained strong gains across multiple timeframes despite recent daily correction, with technical analysts projecting a potential 30% price increase to $0.056 by early 2025.
Dogecoin displays bullish technical patterns as analysts project a potential surge to $0.82, while maintaining current support at $0.42 amid strong market indicators and increased institutional interest.
DOGE, XRP and XLM are the most traded cryptocurrencies on Upbit since Donald Trump's election victory. The latest activity points to a pivot toward metaverse tokens.
Dogecoin hit a three-year high of $0.48 on Nov. 23, 2024, fueled by growing speculation around Elon Musk's X platform.
Despite the sudden increase in volatility in the crypto market, as Bitcoin struggles to eclipse the $100,000 barrier, the altcoins are sustaining a bullish trend. The FTM price has increased nearly 35% over the past 7 days and has reached a market cap of $2.7 billion.
In a new analysis, prominent crypto analyst Miles Deutscher unveiled his thesis on a crypto he believes could rival Dogecoin in this market cycle. With a following of over 550,000 on X and 208,000 YouTube subscribers, Deutscher's insights carry significant weight in the crypto community.
BitMEX founder and crypto veteran Arthur Hayes is laying out bullish outlooks for Bitcoin (BTC), Dogecoin (DOGE) and the broader digital asset market cycle. In a new discussion on the Alpha Only podcast, Hayes says traditional finance (TradFi) firms could be what triggers froth and a subsequent collapse in crypto valuations.
Bitcoin (BTC) experienced a sharp price decline, falling from last week's high of $98,500 to a low of $95,500 during late US trading hours on Sunday. The 3.5% drop marked a technical pullback driven by profit-taking as the token approached the significant $100,000 milestone.
XLM could be about to achieve a new high after switching up on the bears, in an effort that has seen perhaps the sharpest rally in the last three weeks.
Whales holding $1 million to $10 million worth of SHIB tokens have increased their holdings by 425%.
Over the past week, Stellar native cryptocurrency, XLM, has experienced a solid 180% increase, causing a stir in the cryptocurrency market. As the token approaches its all-time peak, investors and analysts are abuzz with excitement.
As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.
Bitcoin experienced a significant drop from $98,500 to $95,500 Sunday, triggering a broader market decline. The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures.
The last couple of weeks were extremely bullish for the markets as the star token, Bitcoin, led a steep rise close to $100K. This caused a momental shift in the popular altcoins like Dogecoin, which woke up from a prolonged consolidation and surged above their pivotal resistance.
Last week was another positive period for the Dogecoin price. After concluding the prior week in a phase of consolidation, the meme cryptocurrency carried this trend into the early days of the new week.
Large Shiba Inu transactions surged by 148% in 24 hours, reaching $300.98 million. Despite this, SHIBs price has declined 9.05% to $0.00002486, signaling cautious sentiment in a bearish cryptocurrency market.
As whale activity increases and the price approaches crucial resistance levels, Dogecoin has been garnering a lot of attention. Market conditions point to the potential for another wave that aims for the eagerly awaited $1 mark following a robust rally that lifted the meme coin above $0.5.
Shiba Inu (SHIB) has been consolidating in a tight triangle pattern on its daily chart, a technical setup that often precedes a breakout or breakdown. However, on-chain data is raising concerns about the asset's stability.
Dogecoin was on track to test its all-time high, but there might be a hindrance ahead.
Shiba Inu's lead developer, Shytoshi Kusama, has addressed a growing wave of requests from investors hoping for a major price rally for the token. The call for a “moonshot” has intensified as the crypto market continues its bullish trend, particularly with Bitcoin nearing new all-time highs.
Here is how some of your favorite assets concluded the week.
No Rest For the Wicked: Another Big Weekend Move for Dogecoin
A market analyst says Shiba Inu (CRYPTO: SHIB) could experience a massive rally, predicting gains exceeding 2,000%. What Happened: The forecast has sparked excitement among the cryptocurrency's community as SHIB continues to gain traction as a leading meme coin.
Why Stellar, Polkadot and NEAR Protocol Were 3 Of the Biggest Crypto Winners This Weekend
Stellar's XLM surges over 80% to $0.55, as analysts predict the cryptocurrency could reach new heights amid bullish momentum.
Arthur Hayes, the former CEO of Bitmex, has shared his thoughts on the future of cryptocurrencies and issued some bold predictions about Bitcoin (BTC) and Dogecoin (DOGE) in a recent podcast. Thus, the entrepreneur thinks Bitcoin could reach $100,000 by the end of 2024, and maybe even $250,000 by the end of 2025.
As Bitcoin (BTC) continues its march toward the highly anticipated $100,000 milestone, the broader cryptocurrency sector is regaining upward momentum, with Stellar (XLM) emerging as a standout performer.
The market has turned to red at the end of the week, according to CoinStats.
Widely followed crypto trader Rekt Capital says that Ethereum (ETH) rival Avalanche (AVAX) is positioning itself for another big rally to new price targets. Rekt Capital tells his 514,000 followers on the social media platform X that AVAX has turned the $38.
Jed McCaleb, the co-founder of Ripple Labs and the creator of Stellar, recently shared his insights on why he believes XLM is one of the most underrated cryptocurrencies. McCaleb highlighted that Stellar already processes more daily transactions than most other blockchains, handling 10 times the volume of Ethereum.
Bears have turned out to be more powerful than bulls on the last day of the week, according to CoinMarketCap.
It's another recent milestone for Dogecoin, but the market is now red with Bitcoin down and DOGE and other meme coins falling hard.
According to IntoTheBlock data, Shiba Inu has seen a 148% surge in large transaction volume in the last 24 hours.
Catslap token price has hurtled to a new all-time high of $0.0069 and a corresponding market cap of $62 million. The post DOGE, Pepe, Popcat Stall But New Meme Coin Catslap (SLAP) Price Explodes 50% Today appeared first on Cryptonews.
Shytoshi Kusama, the anonymous lead spokesperson of the Shiba Inu (SHIB) ecosystem, has taken to X to highlight the popular meme-inspired cryptocurrency's position among the market's top performers.
With the help of profitability metrics and on-chain data, Shiba Inu is getting ready for a possible market shift. As key addresses move into profitable zones, 74 trillion SHIB is expected to become active potentially leading to a significant directional shift in the tokens price dynamics.
The cryptocurrency market is gaining momentum, with leading analyst Ali Martinez sharing optimistic forecasts for three major digital assets: Binance Coin (BNB), Bitcoin (BTC), and Shiba Inu (SHIB). His analysis points to substantial gains, provided these assets clear critical resistance levels.
According to CoinGecko data, Stellar (XLM) has managed to surpass Shiba Inu (SHIB) by market cap following a massive rally.
Crypto analyst Master Kenobi has made a bold two-day prediction for the Dogecoin price, stating that it will hit a new all-time high (ATH) in the next two days. The analyst highlighted Dogecoin's Relative Strength Index (RSI), which he suggested is very bullish for the meme coin at the moment.
XLM is by far the top performer from the larger-cap alts.
The Dogecoin price has entered another stage of bullish momentum that has reignited inflows from traders. Notably, the DOGE price has surged by about 16.3% over the past 24 hours.
Shiba Inu price rose for four consecutive days as it continued to underperform Dogecoin, the biggest meme coin in the industry. SHIB was trading at $0.000028 on Sunday, a few points below this month's high of $0.000030. It has risen by 145% from its August lows.