In Brief Movement token surges by 25%, breaking the $1 mark, with trading volume climbing to $1.69 billion, indicating strong market interest. Factors behind the rally include increased activity on the network after integrating Wrapped Bitcoin (WBTC) and rising active addresses. Movement (MOVE) uptrend continues, and may reach $1.45 or even $2. Instead, a sell-off…
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In Brief The altcoin season index dropped to 49, indicating that non-Bitcoin crypto price have declined. Bitcoin dominance has dropped from 61% to 58%, indicating that altcoins crash is temporary. The TOTAL2 market cap is down, but analysis shows that the value could rise toward $1.65 trillion. On December 4, the Altcoin Season Index hit…
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In Brief Hyperliquid’s price surged 48.6% to $21.48, driven by strong demand, limited selling, and lack of exchange listings. Virtuals Protocol (VIRTUAL) climbed 41.5% to $2.57, fueled by AI token demand and sustained buying pressure Aave rose 36.20% as whales and a Trump-linked crypto project accumulated the token. as the price eyes $440. As December…
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In Brief Narrative Shift Sparks Interest in AI Coins & Memecoins: These categories lead with 50.4% of mindshare, redirecting focus from BTC and ETH. Altcoin Market Cap Hits $837 Billion: A 35% gap from its 2021 peak suggests untapped growth potential for alternative coins. Investor Rotation Drives Momentum: Capital flows into new narratives, signaling a…
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In Brief Altcoins rise as Bitcoin nears record highs but sees a slip in market dominance, hinting at a possible Altcoin Season. Analysts highlight Bitcoin’s approaching bearish MACD crossover as a historical precursor to altcoin outperformance. Altcoin Season needs 33 top altcoins to surpass Bitcoin in growth; currently, 19 have, indicating early but incomplete momentum.…
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In Brief Bitcoin’s market dominance has reached its highest since 2021, reducing chances for a near-term altcoin rally. Bitcoin ETFs attract significant capital, possibly pushing BTC toward $100,000 by January 2025. Altcoin performance lags, with only 29% surpassing BTC recently, falling short of the 75% needed for an altcoin season. As the US Presidential Election…
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In Brief The biggest altcoin gainers of the week include Polygon, FET, and Tron-related BitTorrent. MATIC price surged 32.5% due to previous whale accumulation and the upcoming POL migration. FET gained 26%, driven by increased capital flow while BTT rose due to Justin Sun-related activities. The third week of August 2024 has surprised the crypto…
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In Brief After initially falling below $28, EGLD’s price climbed by 7.15% in 24 hours to join the leaders. OM, the native token of Real-World Asset project MANTRA, takes second place with a 11% weekly increase. LayerZero’s 29.30% increase makes it the surprise entry as it posted more gains than the other two. Talks of…
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In Brief Crypto analysts predict substantial gains for investors in the upcoming altcoin season. Strategic positioning and timing are crucial; altcoins could yield 100x returns in months. A whale’s $25 million altcoin purchase signals market confidence, boosting optimism. A prominent cryptocurrency analyst, Cyclop, has declared the beginning of an impending altcoin season, predicting significant gains…
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In Brief Altcoin season may start in about 45 days, following Bitcoin’s surge, with potential for high returns. Investors advised to diversify and be patient for significant gains, especially in early altcoin season stages. Key cryptos to watch include Polyhedra Network, Wolf Wif Ballz, Portal, Boson Protocol, and VoluMint. As the horizon brightens with the…
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