A widely followed analyst and trader is offering his forecast on three crypto assets. Starting with the fifth-largest crypto asset by market cap, the analyst pseudonymously known as Inmortal tells his 209,800 followers on the social media platform X that Solana (SOL) could replicate its rival Ethereum’s (ETH) explosive rally from early 2020 to late 2021 and skyrocket by similar multiples. Ethereum went up from the low of a price of just under $90 reached in March of 2020 to an all-time high price of just below $5,000 which was recorded in November of 2021. From the current price, Solana…
Author: Web3 Daily Press Staff
The top crypto prices today registered a rebound as the Bitcoin (BTC) price extended beyond the $69,000 level again after attaining an all-time high at $73,836. In addition, the Ethereum price surpassed the $3,600 mark. Meanwhile, other top altcoins, such as XRP, Cardano (ADA), and Solana (SOL) gained significantly.Major Crypto Prices TodayThe Bitcoin rebounded significantly today. The Bitcoin price was up by 2.36%, reaching $69,003.28 at the time of writing on Saturday, March 16. On the other hand, it’s trading volume slumped 7.45% to $64.88 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $1.35…
The Bitcoin (BTC) market has been on a wild ride recently, hitting a new all-time high (ATH) before experiencing notable volatility that resulted in an 8% drop to the $65,500 level on Friday. Meanwhile, Marathon Digital, one of the largest US-based Bitcoin mining companies, is preparing to acquire more power infrastructure and streamline operations to meet the challenges posed by a reduction in revenue due to the upcoming April halving event. Bitcoin Miners Brace For Post-Halving Shakeout According to a Bloomberg report, Marathon Digital plans to acquire additional power infrastructure and expand its mining capacity to keep costs low and…
Years ago, there could have been intense debates on what was better between Bitcoin (BTC) and Litecoin (LTC). Those who know their history will recall that this was as close as it gets. While it certainly wouldn’t be a long debate now, there are still interesting conversations to be had about which coin to invest in. Bitcoin (BTC) is growing and should grow more post-halving. Litecoin (LTC) on the other hand could be getting ready for a late comeback. We weigh in on this debate and why both token holders consider Kelexo (KLXO) a good alternative. Bitcoin (BTC) Still on…
Shiba Inu (SHIB), a popular memecoin, has experienced a notable decline. It dropped nearly 20% over the past week and continued a 13% fall in just the past 24 hours. This downturn occurs amid a broader bearish trend across the crypto landscape. However, detailed on-chain analysis has uncovered specific factors contributing to SHIB’s sharp decline. Whale Movements And Market Influence Insights from IntoTheBlock have shed light on large transaction activities, often indicative of “whale” movements, which have seen a general decrease since March 5, further compounding the downward pressure on SHIB’s price. Decline whale activities. | Source: IntoTheBlock The role…
Bitcoin’s recent price rise to all-time high levels has sparked an altcoin rally. 10x here, 50x there, every token is going up. Yet, amidst this frenzy, there are still hidden gems waiting to explode. Scorpion Casino, Vechain, and Theta Network are three such tokens going under the radar. These tokens could be your ticket to bigger returns. Scorpion Casino: Seizing the Crypto Gaming Throne Scorpion Casino is on a mission to become the go-to platform in online gaming. With its presale achieving remarkable success, surpassing $6.9 million in sales, Scorpion Casino has caught the attention of investors worldwide. Offering over…
Next Article The market capitalization of Bitcoin stands at $1.3 trillion What’s the story Bitcoin has surged 2.37% in the past 24 hours and is currently trading at $68,833.51. It is up by 0.75% compared to last week. The second most popular token, Ethereum, has risen 1.73% from yesterday to trade at $3,720.09. It has fallen 5.38% from last week. The market capitalization of Bitcoin and Ethereum now stands at $1.3 trillion and $446.64 billion, respectively. How have other popular cryptocurrencies moved today? BNB is trading at $611.97, which is 6.05% up from yesterday and a 25.04% rise from last…
TLDR The Rebel Satoshi Arcade ($RECQ) promises 400% returns to investors as presale gathers momentum. The Polkadot (DOT) token rose beyond $15 as it approached the Polkadot 2.0 launch. Experts predict that the price of THORChain (RUNE) will rise above $15 and beyond in 2024. The Rebel Satoshi Arcade ($RECQ) presale is currently underway after the massively successful Rebel Satoshi ($RBLZ) presale. Meanwhile, the best altcoins like THORChain (RUNE) and Polkadot (DOT) have impressed holders and traders in the market surge. Let’s understand what makes $RECQ, RUNE, and DOT the best cryptos to buy ahead of other top altcoins. Rebel…
Known for adorable memes, its own cutesy language, and massive monuments to beloved pets, the multi-billion dollar ecosystem of Shiba Inu-themed meme coins is generally a place of cuddly cohabitation. But recent tensions between users in the Solana ecosystem—home to the exploding Dogwifhat (WIF) meme coin—and owners of the real-life South Korean dog who inspired the token may have created some trouble in pet paradise. On Thursday, a South Korean Instagram user announced that the Shiba Inu featured in the “Dogwifhat” meme, named Achi, was in fact their pet—and that to celebrate the dog, they planned to auction an NFT…
Dogecoin clung to a support level while Shiba Inu bears found relatively more success Bearish pressure is expected to continue rising this week Dogecoin [DOGE] and Shiba Inu [SHIB] both saw more than 15% losses since the early hours of the 14th of March. This came alongside weakness for Bitcoin [BTC] whose bulls were unable to defend the $70k level. The price action indicated that the meme coins were headed for more losses, but the long-term trend remained bullish. Yet, investors and traders could be concerned about the possibility of a lengthy consolidation phase in the coming weeks and months.…