While the Ethereum price faced a sudden drop in the last few days following the general trend of the crypto market, experts predict investors looking toward the meme coin sector, with projects like Raboo being tipped to surge 100x. With an entry price of just $0.003, it’s no wonder more and more whales are jumping at the opportunity to be early in one of the highest potential projects of a $62 billion market. Ethereum (ETH): Will the Ethereum price keep falling? Ethereum (ETH) is one of the OG cryptocurrencies on the market and it became famous for the introduction of…
Author: Web3 Daily Press Staff
🪺 Special Easter Bonus Will Be Announced On March 27, 2024 🪺 The cryptocurrency industry is characterized by the relentless pursuit of investors searching for the best returns. Among the plethora of options available, three prominent players stand out: Scorpion Casino (SCORP), Cardano (ADA), and Ethereum (ETH). Each offers unique features and potential for investors looking to diversify their portfolios and capitalize on the burgeoning crypto market. Scorpion Casino (SCORP) More Than A Presale Scorpion Casino (SCORP) emerges as a top contender in the crypto space, presenting a lucrative opportunity for passive income within the online gaming industry. With a…
Cathie Wood is the chief executive and chief investment officer at Ark Invest, an asset management company focused on disruptive technologies like blockchain and cryptocurrency. Wood and her team see substantial upside across the cryptocurrency market, driven by innovations in smart contracts and decentralized finance. But Ark is particularly optimistic about Bitcoin (BTC 5.69%). Its bull-case valuation model prices Bitcoin at $1.48 million by 2030, implying more than 2,000% upside from its current price of almost $71,000. Ark clearly sees Bitcoin as an asset worth buying. But investors should understand the investment thesis and the potential risks before making any…
The Bitcoin price has soared past the $71,000 mark. In the past 24 hours alone, the price of Bitcoin surged by 6.5%, climbing from just below $65,500 to reach $71,491. This remarkable rally can be attributed to a combination of factors that have collectively contributed to the upward trajectory of the world’s leading cryptocurrency. Here’s a closer look at the four key reasons behind Bitcoin’s latest price surge. #1 Futures Market Influence The futures market has played a pivotal role in driving Bitcoin’s price upwards. According to data from Coinglass, the past 24 hours have seen the liquidation of 64,480…
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $70,000 mark on Tuesday, showing signs of a confident rally as a result of increasing buying pressure. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the greens as the overall market fear and greed index stood at 83 (out of 100), or ‘Extreme Greed’. The ICP token became the biggest gainer of the lot, with a 24-hour jump of over 15 percent. Helium (HNT) became the biggest loser of the lot, with…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Memecoins like Shiba Inu and PEPE Coin ride the wave of social media trends, offering quick gains, while Bitgert Coin stands out with its utility-driven growth potential. Memecoins like Shiba Inu and PEPE Coin are driven by internet culture and social media trends. Memecoins are not just another crypto token. Shiba Inu, PEPE Coin, and likewise meme coins are shared cultural phenomena that are also financial assets. However, alternatives like Bitgert Coin are not merely a seasonal boom. They…
VeChain (VET) has witnessed a slight rebound in the daily charts, rallying 3.7% in the last 24 hours. However, the asset is down by 20.6% in the weekly charts, 14.9% in the 14-day charts, and 13.5% over the previous month. Despite the asset being up by over 60% since March 2023, VET’s price is still down by nearly 86% from its all-time high of $0.281, which it attained in April 2021. Source: CoinGecko Also Read: VeChain: VET Spiked 60% In 30 Days: How High Will It Go? VET’s correction is likely due to Bitcoin (BTC) falling below $62k. Crypto investors…
Next Article Shiba Inu has gained 14.7% of its value in the last seven days What’s the story Bitcoin has surged by 4.31% in the past 24 hours to now trade at $70,401.53. It is 8.42% up compared to last week. The second most popular token, Ethereum, has risen by 4.10% from yesterday to now trade at $3,630.14. It is up by 7.41% from last week. The market capitalization of Bitcoin and Ethereum is now at $1.3 trillion and $436.32 billion, respectively. What about the movement of other popular cryptocurrencies today? BNB is trading at $594, which is 1.12% higher…
In the vibrant landscape of cryptocurrency, a trio of digital assets has marked their territory with significant gains and optimistic forecasts. Polkadot (DOT) has charted a rise of 5.62%, reflecting a neutral but bullish market trend, while Solana (SOL) has posted a 6% uptick despite market ebbs and flows. Not to be outdone, the Furrever Token (FURR) entices investors with the potential of up to 15-fold returns, bolstered by a uniquely engaging theme and community-driven momentum. This synergy of market sentiment and innovative growth signals a bullish horizon for these varied cryptocurrencies. Navigating the Waves: Solana’s Predicted Climb to $230…
NFT sales volume has steadily declined since the beginning of March. This has impacted the values of Blue-Chip NFTs. According to NFTGo’s data, the decline in non-fungible token (NFT) sales volume this month has pushed the Blue-Chip NFT Index to a 30-day low. Blue-chips are NFT collections considered to be high-quality and have a high potential for future growth. They are often characterized by their high floor price, strong community, and potential for future utility. NFT projects such as CryptoPunks, Bored Ape Yacht Club [BAYC], CryptoKitties, and Milady make this list. The Blue-Chip Index tracks the performance of these digital…