Cryptocurrency prices were highly mixed this week as investors focused on the key news in the industry like the DoJ lawsuit on KuCoin, a leading exchange. A New York court also ruled that the SEC vs Coinbase court case may go on while another one sentenced Sam Bankman-Fried to 25 years in prison. This article provides a forecast on some popular cryptocurrencies like Safemoon (SFM), Meme AI, and Dogwifhat (WIF).Safemoon price forecastSafemoon price went vertical this week even as the most investors have historically avoided the coin. As you recall, Safemoon’s creators were charged by the US of running a…
Author: Web3 Daily Press Staff
The community coin #DED, endorsed by Polkadot, reached the top of X’s trending charts, indicating the enthusiasm and involvement of the community in the meme coin. Over 20,000 people are waiting for their airdrop in the $DED telegram channel, demonstrating the newfound interest the project has created in the Polkadot ecosystem. The platform hopes that $DED represents a second coming for the Polkadot ecosystem and new liquidity, as the token’s snapshot debuted early last week. Talisman Wallet, Nova Wallet, SubWallet, and other prominent projects on the network are partnering with and supporting $DED, demonstrating the strength and dedication of the…
Shiba Inu, one of the most popular meme-based cryptocurrencies, nabbed significant investor attention today, March 29, as its price continued to soar remarkably. Amid this notable price jump witnessed by SHIB, two attention-grabbing chronicles appear to have emerged within the cryptocurrency sector.The Shiba Inu community reacted to Binance’s post on X that stated everyone to be an NFT, whereas in another saga, an enormous amount of tokens burnt by the meme coin’s community added a dash of market optimism to Shiba Inu. These events nabbed significant investor attention, aligning with SHIB’s recent NFT venture, SHEBoshi, and the constant blow SHIB’s…
The strategies that various crypto projects employ to engage their communities and drive adoption play a crucial role in their success. Among these strategies, BlockDAG‘s unprecedented $2 million giveaway has garnered significant attention, especially when compared to the initiatives undertaken by DeeStream (DST) during its presale phase and the advancements made by IOTA in terms of technology and market position. This analysis will explore how BlockDAG’s approach sets it apart as a leading contender in April 2024, enticing investors with its innovative solutions and community engagement efforts. DeeStream’s Presale Momentum DeeStream’s DST token presale has been notable amidst market fluctuations,…
March 29, 2024 12:49 AM | 2 min read | The cryptocurrency sector is experiencing a surge in meme coin activity, with Dogwifhat (CRYPTO: WIF) witnessing a significant increase in short liquidations.What Happened: Dogwifhat, a meme coin based on the Solana (SOL) blockchain, has seen a substantial rise in its price. The token, which features a Shiba Inu dog wearing a pink knitted cap, has experienced a surge in value, reaching $3.97 and marking a 29.74% increase in the last 24 hours, according to CoinGlass.ENTER TO WIN $500 IN STOCK OR CRYPTOEnter your email and you’ll also get Benzinga’s ultimate…
Defi Technologies Inc (TSE:DEFI) has released an update. DeFi Technologies Inc., a trailblazer in bridging traditional capital markets with decentralized finance, is set to hold an enlightening shareholder call on April 4, 2024, to unveil its financial achievements for the year ended December 31, 2023. The announcement promises insights into the company’s strategic advances and financial health, with full financial details to be disclosed post-market on April 1, 2024. This pivotal discussion will be accessible to shareholders who register for the webcast, potentially shaping investor perceptions and future market moves. For further insights into TSE:DEFI stock, check out TipRanks’ Stock…
March 29, 2024 by Carolyna Mavis 2 The price of Chainlink (LINK) reveals the intricacies of the cryptocurrency market. Recent updates about AKT cryptocurrency emphasize the Akash Network’s innovative approach to disrupting conventional cloud computing. Amidst these updates, BlockDAG Coin emerges as a potentially game-changing approach in the realm of cryptocurrency mining, offering investors the prospect of substantial returns. In the spotlight The price of Chainlink (LINK) reveals the intricacies of the cryptocurrency market. Recent updates about AKT cryptocurrency emphasize the Akash Network’s innovative approach to disrupting conventional cloud computing. Amidst these updates, BlockDAG Coin emerges as a potentially game-changing…
Cardano (ADA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Distributed Software Platform has increased 3.02% to $0.6522851945. InvestorsObserver is giving Cardano a 28 Volatility Rank. Find out what this means to you and get the rest of the rankings on Cardano! The Volatility Gauge tracks meaning that one day won’t make or break its rank. ADA’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.Cardano price is trading near resistance. With support…
Bitcoin Cash (CRYPTO: BCH) is a hard fork of Bitcoin (CRYPTO: BTC). Because of this, its price tends to more or less track that of the foundational cryptocurrency. As the trading week approached an end, however, the two assets diverged a bit. On Thursday late afternoon, Bitcoin Cash was up by nearly 7% from 4 p.m. ET the previous day, while Bitcoin had only risen by 2.5%. A looming event for Bitcoin Cash was a major reason for this. Bitcoin Cash is essentially an attempt to make a form of Bitcoin a useful, practical means of exchange for peer-to-peer transactions.…
After retracing for a week, Binance Coin BNB found support and bounced back from the dip. The buying pressure is low on the daily chart, but we can expect a significant rally when volatility expands. Exactly two weeks back, BNB reached a new milestone after rising by more than 100% in a month. It failed to sustain momentum and took a slight break in buying. This led to a week’s drop and the price retraced to a low of $496. Holding this low level as support during last week’s trading, the price picked up again and increased near the $600…