Tag: Altcoin

Cardano on the Rise: Is $7 ADA Just Around the Corner?

Cardano (ADA) is predicted to surge to $7, with strong chart signals and a long-term bullish outlook despite short-term dips.



Cardano (ADA) has been chilling this month while Bitcoin and Solana are hitting new highs. But hold up—experts are saying ADA could be about to blow up. Big Mike, a well-known crypto analyst on X, is predicting ADA will soon surpass its all-time high, with a target price of $7!

According to Mike’s analysis, ADA is currently in its third wave, which could send it all the way up to $3. After a potential dip to $1.5, ADA could then skyrocket to that $7 mark. But here’s the catch: Elliott Wave patterns take time, so this might not happen overnight. The first wave started in May about two years ago, and it could take until April for everything to play out.

On the charts, ADA is showing some serious growth signals. Right after jumping from $0.28 to $1.33 last year, it’s now testing support at $0.81, which could mean a bullish continuation. A bullish pennant pattern is also forming, hinting at more gains. If ADA breaks out, it could retest its all-time high of $3, but if it dips below $0.81, the price could drop to $0.50.

In short, ADA’s future looks bright, but it’s gonna be a bit of a waiting game!

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ANIME Token Unveils Community-Focused Tokenomics

ANIME token’s 10B supply focuses on community-driven growth, with major allocations for grants, Azuki backers, and DAO governance.

Anime Coin is bringing something fresh to the crypto world by launching its own token, ANIME, on Ethereum and Arbitrum. The goal? A community-driven anime ecosystem where both fans and creators have a say in the future of the industry.

Here’s the deal: ANIME has a massive 10 billion token supply, and they’ve just dropped the tokenomics to show how it’ll all be split. A huge chunk—50.5%—is dedicated to grants and programs managed by the Animecoin Foundation. This will support anime creators, developers, and other cool projects within the ecosystem.

Then, there’s the Azuki community—early supporters who’ll get 37.5% of the token supply, all unlocked at launch. If some tokens are left unclaimed, they’ll get sent to the Community Cultivation Fund (13%), which will be governed by the upcoming AnimeDAO. This means holders of ANIME tokens will control where the funds go, shaping the future of the community.

The Animecoin Foundation itself is set to get 24.44% for growth and expansion, helping bring Animecoin to the wider anime industry. Lastly, partner communities like Hyperliquid and Kaito Yappers will get 2%. The future of anime and crypto? Looking bright!

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Twin Protocol Debuts $TWIN Token on BitMart Exchange

Twin Protocol drops $TWIN on BitMart! Trade globally, create AI Twins, monetize skills, and keep data secure with blockchain.

Twin Protocol is taking its mission to the next level by launching its native token, $TWIN, on the global crypto exchange BitMart. Starting January 13, 2025, users worldwide will be able to trade $TWIN, gaining access to the platform’s unique AI tools designed to create digital replicas of users, known as AI Twins.

In other words, AI Twins are a whole new, innovative way of knowledge sharing, customer service improvement, and monetizing expertise. Special digital versions of users can even model their very own personality traits, skills, and knowledge. It is a very powerful tool for mentoring, customer support, and beyond. One can train an AI Twin as easily as just uploading documents, recordings, or other data. When trained, the AI Twins can be shared publicly or via the soon-to-launch Twin Marketplace, where users can monetize their expertise in the form of $TWIN tokens.

Twin Protocol’s partnership with SingularityNET, a leading decentralized AI platform, ensures that data security and personalization are at the forefront. By leveraging blockchain technology, Twin Protocol gives users full control over their AI identities, making the platform secure and empowering.

This BitMart listing follows $TWIN’s launch on Uniswap in 2024 and marks another step toward making Twin Protocol’s tools widely accessible. With AI expected to drive massive economic changes in the coming years, Twin Protocol is giving individuals and businesses the tools to stay ahead while keeping their data safe.

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Altcoins Take a Hit as Bitcoin Drops 5%

The cryptocurrency market took a nosedive in the last 24 hours, with Bitcoin down 5.48% at 96,308.64 dollars. That drop also scrubbed 1.91 trillion dollars off of Bitcoin’s market cap, even as trading volume jumped 28% to 62.75 billion dollars as investors scrambled for position.

Altcoins bore the most damage of the sell-off. Recent high-flyer, Hyperliquid dropped 15.29% to 21.62, giving back much of its recent appreciation. Celestia declined 14.71% to $4.66, with Ethena falling 13.65% and dYdX 13.49%. Meme coin Bonk was not spared and lost 13.29% to $0.00002976.

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The sell-off triggered mass liquidations, that saw over 204,000 traders lose positions worth $626.85 mln. Naturally, the bulk of pain was taken out of long positions; $565.68 mln liquidated as opposed to just $61.22 mln shorts. $17.74 mln of ETHUSDT on Binance was the largest single liquidation.

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Analysts say over-leveraged trades and profit-taking are to blame for the slump, especially in altcoins that have recently surged, such as HYPE. The correction could create avenues for buying, but analysts say the volatility of the market is not yet over, so traders should manage their risks and be cautious.

Zerebro AI Memecoin Hits $700M Market Cap Milestone

Zerebro AI Memecoin just hit a $700M market cap, surging 28% in price, with rising trading volume and bullish trends.

The coin’s rapid rise is no surprise, thanks to its strong community vibe, AI integration, and the hype around Solana-based projects right now. Over the past 24 hours, Zerebro’s price jumped more than 28%, reaching $0.6818. This upward momentum is also reflected in its chart, where it’s forming an ascending channel with higher highs and higher lows.

What’s next for Zerebro? If the price manages to break the $0.6169 level and hold it as support, it could shoot up to $0.6596. But if it faces rejection or drops below $0.5725, it might fall to $0.5281.

Zerebro’s $700M market cap places it in the spotlight among altcoins, showing investor confidence and signaling that it could keep climbing. With trading volume skyrocketing to $213.12 million, it’s clear the hype around Zerebro isn’t slowing down anytime soon.

Zerebro is quickly becoming a key player in the crypto world, and with this kind of momentum, who knows where it’ll go next? Keep an eye on this one!

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Bitget Token (BGB) Soars 325% in a Month, Hits All-Time High of $6

Bitget Token (BGB) surged 325% in a month which made the token hit an all-time high of $6.80, driven by its merger with Bitget Wallet Token and a new partnership with TRON. Analysts caution about potential price consolidation.

Bitget Token (BGB) has been on a serious rocket ride, skyrocketing by 325% over the last month and hitting a new all-time high of $6.80. The price surge is being linked to the merger of BGB with Bitget Wallet Token (BWB), sparking a huge rally.

With the token’s market cap now at $9.52 billion and trading volume hitting $1.3 billion—up a whopping 267.88%—things are looking pretty wild for BGB. But before you dive in, experts are raising some flags. The Relative Strength Index (RSI) is showing that BGB might be in overbought territory, hinting at a potential price dip or consolidation soon.

One of the major catalysts behind this surge is Bitget’s recent move to partner with TRON, a big player in the blockchain world. This partnership aims to make blockchain tech more accessible to everyone, adding more fuel to the fire.

Currently, Bitget is the 6th largest crypto exchange globally, and with a circulating supply of 1.4 billion BGB coins out of 2 billion, it’s clear that BGB has a lot of room to grow. Just be cautious—prices might stabilize soon!

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Fartcoin Soars 50% in a Day, Reaching $1.11 Milestone

Fartcoin has surged 50% in 24 hours, reaching $1.13 and attracting massive trading volume, with Binance offering 75x leverage, sparking interest despite the risks of meme coins.

Fartcoin’s back and bigger than ever! In the last 24 hours, the meme coin shot up 50%, hitting a high of $1.13 before settling at $1.10. With over $220 million in trading volume, it’s clear that Fartcoin’s got some serious hype going on.

The token’s market cap is now above $1 billion, and crypto traders are all over it. What’s making it even more awesome is that Binance has jumped in, adding it to its perpetual markets with a crazy 75x leverage. This is drawing in both retail traders looking for quick gains and institutional investors looking to take bigger risks.

It’s not just centralized exchanges that are buzzing. Fartcoin’s also making a splash on decentralized exchanges, with 26% of its trading volume still coming from Raydium and 23% from Meteora.

Critics are warning about the wild volatility and risk of meme coins, but Fartcoin’s massive trading volume and growing adoption across different platforms show it’s not slowing down anytime soon. Whether it’s a quick pump or the start of something bigger, Fartcoin’s got all eyes on it—and crypto traders are definitely paying attention. Stay tuned for the next move!

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PENGU Token Skyrockets 562% in a Week, Reaches $0.033 Milestone

PENGU token is popping off, skyrocketing 562% in a week to hit $0.0331! With Bithumb listing it and a $2B market cap, the hype is real. Plus, Bithumb’s doing an airdrop of 88M tokens for PENGU traders. Solana blockchain only, so get your wallets ready!

PENGU token is making major waves in the crypto scene. It jumped a jaw-dropping 562% in a week which has now made it to $0.0331. Over the last 24 hours, it’s up another 18%, and everyone’s talking about it. With a $2B market cap and trading volume soaring 113% to $777.36M, PENGU is on fire.

What’s behind the hype? South Korea’s top crypto exchange, Bithumb, just listed PENGU in its KRW market on December this year. Starting at 43.89 Korean won, the listing is already driving massive interest. But here’s the catch—trades and transfers are only available via the Solana network.

Wait, there’s more! Bithumb is also dropping an epic airdrop. If you trade PENGU on their platform by Dec. 25 (11:59 PM KST), you’re eligible to score a share of 88,888,888 tokens on Jan. 9, 2024. It’s a move that’s got traders buzzing.

PENGU’s meteoric rise is proof that the community’s confidence and some major exchange love can take a token to the moon. If you’re into Solana and looking for a hot new token, PENGU might just be your next move. Don’t sleep on it!

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Bitcoin to $180K? VanEck’s Forecast Brings the Hype—But Mind the Crash

Bitcoin to $180K? VanEck’s Forecast Brings the Hype—But Mind the Crash

Summary: Bitcoin could skyrocket to $180K by early 2025, according to VanEck’s Matthew Sigel. But don’t get too comfy—he predicts a major market correction will follow, with altcoins taking an even bigger hit.

BTC to the Moon, But Watch for Turbulence
Sigel says Bitcoin is on track to crush it in Q1 2025, shooting up to $180K thanks to a wave of optimism over a pro-crypto U.S. administration. Ethereum could flex past $6K, and fan-faves like Solana and Sui might hit $500 and $10. But here’s the catch—after this bull run, the market could hit pause, with BTC dropping 30% and altcoins nosediving up to 60% by summer.

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Red Flags for a Market Overload
Sigel isn’t about just good vibes—he’s warning investors to watch for signs of a bubble. If traders keep paying crazy funding rates above 10% for months or Bitcoin dominance dips below 40%, it might be time to clutch your wallets. Another red flag? When most Bitcoin holders are sitting on fat stacks with over 70% unrealized profits—it’s often a recipe for a pullback.

Bounce Back on the Horizon
Even after the chaos, there’s hope. Sigel predicts a comeback by fall 2025, with cryptos like BTC and ETH reclaiming their old glory. This recovery banks on big institutional players staying in the game and a chill regulatory environment under Trump’s potential pro-crypto squad.

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Stay sharp—this rollercoaster isn’t for the faint of heart, but the ride could be epic.

XRP Surges to Claim Spot as Third Largest Cryptocurrency

XRP just leveled up on its game after overtaking Solana and USDT to become the 3rd biggest crypto. Its price spiked 30% in just a day and hit a massive $2.5, with a insane 370% jump from previous months . Ripple’s stablecoin RLUSD approval buzz and SEC drama are fueling the hype.

XRP is having its main character moment, y’all. The altcoin just flexed big time, climbing over Solana (SOL) and USDT to snatch the #3 spot in the crypto market. Right now, only Bitcoin and Ethereum are ahead of it, but the way XRP is moving, people are starting to wonder if this is just the beginning.

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Source: coingecko

Here’s the tea: XRP hit $2.5 recently, spiking over 30% in just 24 hours. It’s now trading around $2.41, and that’s after a massive 370% gain since November 1. If you’re wondering why everyone’s losing their minds over it, one reason is Ripple’s new stablecoin, RLUSD. The New York regulators are apparently ready to approve it, which is a big deal because NY has some of the toughest rules in the crypto game. If RLUSD gets the green light, Ripple can step into the big leagues with stablecoin giants like Tether (USDT) and Circle’s USDC.

But wait, there’s more! SEC Chair Gary Gensler just announced he’s dipping out in January, and that news has been giving XRP even more of a boost. People are also buzzing about potential XRP ETFs, with major players like 21Shares and Bitwise lining up to get in on the action.

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