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Showing posts from June, 2024

Mog Coin Price Prediction: MOG Tops Weekly Gainers With 76% Surge As This P2E Meme Coin ICO Zooms Towards $6 Million

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The Mog Coin price has surged 76% in the past week and almost 10% in the last 24 hours to trade at $0.00000186 as of 6:30 a.m. EST on a 32% leap in trading volume to $61.85 million. MOG was the top gainer for the week among the biggest 100 cryptos, with Kaspa (KAS) in second place and Dogwifhat (WIF) third, according to Crypto Bubbles. Mog Coin Price Bull Encounter Resistance Despite The Strong Rally The price of MOG indicates a rebound after a decline from its all-time high at $0.000002065. However, according to Geckoterminal data , the bulls have established a solid support zone at $0.0000008109, allowing them to regroup and drive a rally. This rally has created upward momentum, pushing the price toward the resistance level. MOGUSD Analysis (Source: Dextools.io) The MOG price trading above the 50 and 200 simple moving averages (SMAs) confirms its bullish momentum. Additionally, the moving average cross at $0.0000006186 further supports the potential for upwa...

US Dollar Peaks: What's Driving The Current USD Surge?

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The US dollar (USD) is showing signs of a promising price trajectory as the greenback is now trading at its highest since November 2023. Per Bloomberg, the US dollar is now projecting a stronger stance as compared to its earlier metrics. The greenback is currently stable at 106, up 0.12% in the last 24 hours. But why is the US dollar peaking all of a sudden? Also Read: De-Dollarization Debunked: US Dollar Still King, Study Finds US Presidential Campaigns Fuel the US Dollar (USD) Surge Source: stock.adobe.com The United States is currently gearing up to select its newest president and is busy preparing for its 60th quadrennial elections. Last night, the nation witnessed the widely anticipated presidential debate between former President Donald Trump and Joe Biden . Sparking heated discussions spanning multiple topics and domains, the debate played a pivotal role in fueling the USD surge. After the debate, the US dollar index rose to display stronger metrics, projecting the highest numb...

PeiPei Price Prediction: PEIPEI Soars 114% As Experts Say This Pepe 2.0 Coin Is Among The Best Crypto Presales Right Now

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The PeiPei price skyrocketed 114% in the last 24 hours to trade at $0.0000001091 as of 10:10 p.m. EST on trading volume that rose 54% to $48 million. The increase came even as the overall crypto market capitalization plunged 2% to $2.3 trillion. Top meme coins DOGE, SHIB, and PEPE fell 2%, 2%, and 4%, respectively. PeiPei Price To Sustain Its Surge Over The Falling Wedge Pattern PEIPEIUSD Chart Analysis Source: GeckoTerminal.com The PeiPei price, after soaring to its all-time high (ATH) of $0.000000272, has been on a downtrend, trading within the confines of a falling wedge pattern, data from GeckoTerminal shows.  The decline was further supported by the 200-day SMA crossing above the 50-day SMA on the 1-hour chart. However, the bulls seem to have found support around $0.0000000468, as they push the price of PeiPei above the wedge. PEIPEI price further trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the general bullish sentiments....

The Rise of MEME Coins on BNB Chain

MEME coins have become a prominent feature of the cryptocurrency landscape, offering a blend of humor, community engagement, and speculative investment. On the Binance Smart Chain (BNB Chain), these tokens have found fertile ground for rapid growth, thanks to low transaction fees, high throughput, and robust developer support. BNB Chain’s architecture allows for efficient and quick transactions, which is critical for the high-volume trading often associated with MEME coins. This efficiency has attracted numerous projects and developers looking to capitalize on the MEME coin trend. Among the most popular MEME coins on BNB Chain are SafeMoon, Baby Doge Coin, and Shiba Inu, each boasting unique narratives and loyal communities. SafeMoon, for example, implements a unique tokenomics model that rewards holders with a portion of every transaction. Baby Doge Coin, inspired by the popular Dogecoin, aims to improve transaction speeds and incorporate additional utility Features . Shiba Inu, initi...

Justin Sun celebrates meaningless court victory

Justin Sun, founder of the TRON blockchain, numerous stablecoins, owner of Poloniex, and adviser to HTX, has been celebrating a recent Chinese court victory against Chongqing Business Media Group. However, the question is, will the win benefit him outside of the Mainland? The odds are that it absolutely will not. According to a Chongqing court , Chongqing Business Media Group claimed that Sun was under investigation by the FBI and was suspected of insider trading. The court , however, found these claims to be “entirely unsubstantiated,” handing Sun victory on the grounds of defamation. Many of the claims originated in a Verge article from March of 2022 and since its publication, none have been retracted . Protos has previously reported on Sun’s false claims of diplomatic immunity and purported fixation on no moderation policies at BitTorrent. Scoop: Justin Sun falsely claimed diplomatic immunity in lawsuit Read more: Scoop: Justin Sun shot down BitTorrent moderatio...

Dogecoin Could Explode by up to 1,500%, According to Crypto Trader – But There’s a Catch

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A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Dogecoin (DOGE). The analyst pseudonymously known as Kaleo tells his 642,200 followers on the social media platform X that Dogecoin could go up by between 700% to 1,500% from the current level. “I still believe we’re in a meme coin supercycle and we’ll see DOGE send to $1 – $2. History just says we most likely have a little bit of time left to prepare for it before it happens.” Dogecoin is trading at $0.125 at time of writing. On when Dogecoin could start rallying, the pseudonymous analyst says, “Each of those respective moves [previous Dogecoin rallies] took approximately eight to nine months after the [Bitcoin] halving before they began to pump. We’re currently only two months past the most recent Bitcoin halving. With that in mind, it would actually be more fitting to the trend that a real breakout/expansion move doesn’t happe...

Hamster Kombat Latest: Uzbekistan Regulators Say Viral Telegram Game Is Not Illegal 

Uzbekistan regulators have said that the popular Hamster Kombat clicker game is not banned in the country, but withdrawing in-game coins could have legal consequences. This Telegram-based game has amassed over 200 million players globally within weeks as its popularity soars across Russia, Ukraine, Uzbekistan, and the rest of Eastern Europe. The Uzbekistan National Agency for Perspective Projects (NAPP), which regulates the crypto industry, noted that Hamster Kombat was not a play-to-earn game. The in-game coins earned by players lack collateral and utility, unlike cryptocurrencies. Furthermore, the in-game coins are not based on blockchain, making them non-crypto assets. However, according to the regulator, if Hamster Kombat decides to adopt blockchain technology, these coins will qualify as crypto assets. The NAPP noted that it can only regulate the game if it switches to blockchain. “As long as the accounting units of the Hamster Kombat game do not have a blockchain, the ...

Rug Pulls and Scams: Identifying and Avoiding Fraudulent Projects

Rug Pulls and Scams: Identifying and Avoiding Fraudulent Projects. In the ever-evolving landscape of decentralized finance (DeFi), rug pulls and scams have become alarmingly prevalent, posing significant risks to investors. Understanding how to identify and avoid these fraudulent projects is crucial for anyone looking to navigate the world of cryptocurrencies safely. What Are Rug Pulls? Rug pulls are a type of scam where the developers of a cryptocurrency project suddenly withdraw all their funds, leaving investors with worthless assets. This often occurs in newly created tokens or DeFi projects where the developers can control the liquidity pool. Common Signs of Fraudulent Projects Anonymous Developers Projects led by anonymous or pseudonymous developers are often risky. A lack of transparency about the team can be a red flag. Unrealistic Promises Beware of projects that promise guaranteed high returns with little to no risk. If it sounds too good to be true, it probably is. Lack of...

Tron Fades, Arbitrum Faces Centralisation Issues As Qubetics Whitelist Shines In A Sea Of Mediocre Cryptos

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Crafting an investment portfolio that can skyrocket your returns is not as simple as it may seem. It requires a thorough understanding of the crypto market, a high level of risk tolerance, and foresight to spot potentially explosive blockchain platforms. But before you further confuse yourself, know that this article has all the answers and all you have to do is trust and jump on! The Qubetics whitelist is shaking up the crypto scene with some innovative features. Investors are eager for the presale to go live; hence, the whitelist spots are flying off the shelves! But what makes Qubetics such a talked-about project? And why are investors moving away from Tron and Arbitrum? Let’s discuss this and so much more!   Tron's Ambitions Thwarted: Centralization Concerns Dim Its Star Potential Justin Sun, the founder of Tron, developed an innovative idea in 2017. He launched the Tron platform to bring blockchain to the entertainment industry. Tron aims to give content creato...

Over $256,000,000 in Chainlink (LINK) Abruptly Sent to Crypto Exchanges in Just 24 Hours, Says Analyst

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Over a quarter billion dollars worth of Chainlink (LINK), the leading blockchain oracle service, has been spotted headed to crypto exchanges. Analyst Ali Martinez says that within a 24-hour period on June 22nd, traders deposited millions of LINK to digital asset exchanges where they could be sold on the open market. “[In 24 hours], 18.77 million Chainlink (LINK), valued at approximately $256.20 million, were sent to cryptocurrency exchanges!” Source: Ali Martinez/X LINK has dropped since the tokens were sent to exchanges, currently trading at $13.03. Looking at Ethereum (ETH), Martinez reports that the top smart contract platform just experienced its largest jump in daily active addresses since March. “Ethereum just saw its largest spike in active ETH addresses in three months, reaching a total of 617,170 active ETH addresses.” Source: Ali Martinez/X The analyst also says that based on social media metrics, “the crowd” is n...

Bitcoin Price Prediction: $60K A Strong Possibility – Investors Focus On Meme Coin Presales

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As analysts give their Bitcoin price predictions, suggesting $BTC could hit $60k in 2024 and have terrific upcoming years, investors rush to spend their money on crypto. Many focus on meme coin presales that hold a massive potential. If you also want to invest in meme coins, here are our top picks: Play Doge ($PLAY) Pepe Unchained ($PEPU) WienerAI ($WAI) Base Dawgz ($DAWGZ) >>>Buy the best meme coin presale!<<< Bitcoin Price Prediction: Could $BTC hit $1 million? Year Price 2024 $66,242.50 2025 $69,554.62 2026 $73,032.35 2027 $76,683.97 2030 $88,771.28 After looking at the table above, it is unlikely for Bitcoin to reach $1 million by 2030. Although the project managed to fight back through difficult times in the past, this goal is not achievable for $BTC, at least for now. ...

Crypto insider turns $3,300 into $1.69 million in 15 days

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A crypto insider made over $1.68 million of realized profits in 15 days, trading in the Solana (SOL) ecosystem. The cryptocurrency trader spent 23 SOL, worth $3,300, to buy two meme coins and sold all his positions for 11,229 SOL, valued at above $1.69 million . Notably, Lookonchain classified this trader as a crypto insider, considering the purchases were immediately after the tokens’ liquidity pools launch. The platform reported this recent accomplishment in a post on X on June 22, tracking on-chain data from multiple addresses.  How did the crypto insider make over $1.68 million in profits trading two meme coins on Solana? Overall, this crypto insider used 7.1 SOL and 16 SOL to buy HULK and GUNIT, respectively.  Picks for you ETH price prediction as Ethereum records largest spike in active addresses ...

Buy signal for two oversold cryptocurrencies this week

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The cryptocurrency market remains in a state of flux, with the global market cap hovering around $2.47 trillion, reflecting a modest 0.8% change in the past 24 hours. Trading volume has surged to $48.8 billion, indicating high investor activity and interest.  Notably, Bitcoin (BTC) and Ethereum (ETH) dominate the market, with 51.3% and 17.3% shares, respectively. Despite this bustling activity, the overall market’s Relative Strength Index (RSI) sits at 34.76, signal ing that many assets are potentially oversold . This presents an opportunity for savvy investors to identify undervalued cryptocurrencies with the potential for a short-term rebound (within this week).  Picks for you Bitcoin's next impulse could send BTC to $100K in 30 days 47 mins ago ...

The 5 Cryptocurrencies Every Investor Should Know

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Introduction In the ever-evolving world of cryptocurrencies, it's essential for investors to stay informed about the most promising projects in the market. As we navigate through 2024, five cryptocurrencies stand out as top contenders that every investor should have on their radar: Solana (SOL), Ethereum (ETH), Cardano (ADA), Ripple (XRP), and PawFury. Solana (SOL): Scalability and Speed Solana has established itself as a leading blockchain platform, boasting exceptional scalability and fast transaction speeds. With the ability to process thousands of transactions per second, Solana has attracted a growing number of developers and projects, making it a strong player in the blockchain ecosystem. Ethereum (ETH): Ethereum remains the dominant force in the smart contract space, powering a vast ecosystem of decentralized applications (dApps) and decentralized finance (DeFi) platforms. As the Ethereum 2.0 upgrade progresses, the network's scalability and efficiency are ex...