In Brief GraFun Labs has launched its memepad on the TON blockchain after integrating Ethereum, boosting the TON ecosystem’s meme coin growth. DWF Labs and GraFun have partnered to support token launches, yet its exact involvement in the TON integration remains unclear. TON’s ecosystem lags behind meme coin trends, but new launches and growing traction…
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In Brief The total crypto market cap hits $3.45 trillion, driven by strong buying momentum; holding above $3.10 trillion is key to sustaining growth. Bitcoin nears its ATH of $99,595, with support at $89,800; breaking $100,000 could trigger significant buying pressure. HBAR surges 40% to $0.25, with bullish momentum contingent on holding above the critical…
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In Brief XRP soars to $2.37, overtaking USDT and Solana with a market cap of $135.37 billion. XRP regains pre-SEC lawsuit valuation when Hinman emails fueled regulatory uncertainty. Potential Ripple partnerships and leadership shifts hint at further XRP elevation and growth. The crypto market is abuzz after witnessing a seismic shift. XRP, the powering token…
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In Brief Shiba Inu’s development team has completed a critical security upgrade for the Shibarium bridge. This update prepares the ecosystem for an upcoming hard fork to improve network performance. The enhancements are designed to further accelerate Shibarium’s growth and innovation in the space. The Shiba Inu development team has successfully implemented an emergency security upgrade for…
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In Brief Bitcoin nears the historic $100,000 mark, driven by strong institutional interest and increased adoption. Long-term holders (LTHs) show signs of bearish sentiment, potentially triggering volatility and downward pressure. Bitcoin’s NVT Golden Cross remains neutral, signaling room for growth, with the $100,000 threshold in sight before profit-taking. Bitcoin is on the verge of reaching…
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In Brief Solana is experiencing a surge in activity driven by the growing popularity of meme coin thay has pushed transaction fees higher. Over the past week, the high fee situation helped the blockchain network earn over $78 million in fees, surpassing rivals like Ethereum. Market observers have raised concerns about potential congestion and higher…
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In Brief Dogwifhat has dropped 7% to $3.46 amid bearish momentum, with the Elder Ray Index at -0.22, signaling seller dominance. RSI at 44.80 highlights waning buying pressure, increasing the likelihood of a dip below the $3 support level. WIF may fall to $2.57 if selling persists, but renewed demand could push it toward $4.19,…
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In Brief Bonk (BONK) becomes Solana’s top meme coin, surpassing Dogwifhat (WIF) with a $3.77B market cap after a 28% price surge. The BONK DAO announcement to burn 1 trillion tokens by Christmas Day increased scarcity, fueling its price and market cap rise. Bullish momentum could push BONK to $0.000055, but overbought conditions might cause…
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In Brief Google Cloud’s new blockchain partnerships: BNB Chain secures $10 million for developer incentives, ZetaChain gains mainnet validation. BNB Chain’s $10 million fund targets small blockchain developers, Google Cloud allocates credits for AI and Web3-focused MVB projects. Google Cloud validates ZetaChain’s mainnet and testnet, enhancing network trust and boosting security. On Tuesday, two blockchain…
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In Brief One analyst via X predicts that Solana’s price could rally toward $290 before November 2024 ends. The Sharpe ratio shows that SOL offers a good risk to reward ratio with traders holding bullish positions. Another analyst suggests that the SOL/BTC uptrend could slow and this could drawdown Solana’s price. Solana (SOL) recorded an impressive…
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