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A widely followed crypto analyst says that one rival of dog-themed meme assets Dogecoin (DOGE) and Shiba Inu (SHIB) is repeating a move it did previously that caused it to spark a 200% rally. In a new strategy session, pseudonymous crypto trader Inmortal tells his 227,000 followers on the social media platform X that the last like memecoin Floki’s (FLOKI) Relative Strength Index (RSI) reached the level it did, the crypto asset saw a 4x price increase. “Last time we reached this RSI level we bottomed and pumped 200% One of my fav charts right now.” Source: Inmortal/X An asset’s RSI is a technical indicator used to determine if it is overbought or oversold. FLOKI is trading for $0.000144 at time of writing, a 13.2% gain during the last 24 hours. According to Inmortal, the altcoin cycle has changed so that most tokens will no longer see massive swings to the upside together. Rather, the trader says there will be multiple altseasons where fun...

Shiba Inu (SHIB) and Ripple (XRP) are the two most central cryptocurrency tokens in the market. SHIB and XRP both are busy charting new milestones as the market continues to favor the altcoins. At present, both tokens are attracting heavy attention as they both keep introducing new elements in the market. Will SHIB and XRP be able to claim new price spots this weekend? Let’s find out. Also Read: XRP’s Big Leap: ETF Approval & $423K AMM Liquidity Surge—What’s Next? Shiba Inu Weekend Price Prediction Source: Watcher Guru Shiba Inu is currently sitting at $0.00001870, down 0.14% in the last 24 hours. The token, however, continues to be a center of attention in the market as of late. In a new development, the SHIB ecosystem has burnt nearly 1 billion tokens out of supply, all while celebrating the launch of SHIB Torch V2. “The burn, executed on Thursday at 4:34 p.m. UTC, saw precisely 1,000,148,675.028919334994574473 SHIB tokens, worth approximately $18,832.80 at the time of the burn,...

The Solaxy (SOLX) token presale stands out as one of the fastest-selling initial coin offerings (ICOs) in the crypto market, surpassing $16 million in funding at a rapid pace. Generating approximately $500,000 in daily ICO activity, Solaxy is emerging as one of the hottest presales of 2025. While projects like Wall Street Pepe and Pepe Unchained saw explosive presale performances, reaching $1 million in daily sales at their peak, Pepe Unchained initially raised between $250,000 and $500,000 per day before experiencing a surge after introducing a countdown timer. In comparison, Solaxy has already exceeded that range and continues gaining momentum. With the presale total approaching $17 million, surpassing that milestone seems likely. Strong demand reflects growing investor interest and confidence in the project’s long-term potential. Solaxy presale surges as investor demand continues to grow Solaxy’s presale has been going strong since its launch in December. $SOLX token...

The Shiba Inu (SHIB) market was finally seen recovering from its recent fall. While the overall market played a major part, the team behind the meme coin had a vital role too. The SHIB ecosystem has been bustling with news. As the community is dreading Shytoshi Kusama’s exit, they were eagerly waiting for the “big announcement.” Several speculations about the details of this upcoming statement have been discussed. But what could it really be? Also Read: Cardano: ADA To Surge 146% To Sit At $2: Here’s When Diving Into Shytoshi Kusama’s ‘Big Announcement’ Source: Watcher Guru The Shiba Inu developer stated on Monday that he was prepared to deliver the “biggest announcement” ever related to the blockchain environment. Kusama gave the community some indications of what to anticipate from the upcoming deal, but he did not disclose the precise date or specifics. He further highlighted in a follow-up tweet that the forthcoming collaboration will ...

The overall feeling in the market was positive from the close of October 2024 until the beginning of this year. Last month, Bitcoin (BTC) rose above its all-time high and surpassed the 100K mark. Eventually, it fell below $96K before rising to102.4K today. Meanwhile, many investors have already made plenty of gains from the November/December 2024 bull run. Determining the next cryptocurrency to explode might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially before the year runs out. The aim is to identify coins with some potential and help investors and traders make informed decisions about each token. Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of the presale token Solaxy. This new meme coin offers a unique blend o...

Shiba Inu partnership developments took center stage as lead ambassador Shytoshi Kusama announced an “extremely powerful partnership” coming to the ecosystem. The Cryptocurrency News sparked immediate interest across the community, with the SHIB partnerships revelation causing price movements across multiple tokens. The Shiba Inu coin rally demonstrated the market’s confidence in future growth. SHIB, the ecosystem, brand, meme, operating system, and network state has an EXTREMELY powerful partnership announcement coming SOON. I know many of you influencers out there book your X SPACES early, so if you are interested in having me speak on any of the above, post below — Shytoshi Kusama (@ShytoshiKusama) January 28, 2025 Also Read: Elon Musk’s X and Visa Unite: Introducing the X Money Account Shiba Inu Coin Partnership Announcement Rallies Price And Engages Community Source: Watcher Guru Partnership Announcement Details I have given the $SHY CTO a robust plan, GDD docum...

It looks like the meme coin industry has continued onboarding new members. The OG meme cryptocurrency Dogecoin (DOGE) has been an inspiration for several coins. But a few others decided to choose their own path. Assets like PEPE, TRUMP, MELANIA, and others moved away from the canine-themed crowd. Amidst these assets, TRUMP managed to record a notable rise and has become quite popular among cryptocurrency investors. The real question is if the asset can continue to bank on this momentum and record a new high soon. Also Read: De-Dollarization: Another Country Ditches The US Dollar The Very Volatile TRUMP Coin Source: Bitcoinist Owing to its fairly new entry into the cryptocurrency market, Donald Trump’s new meme coin has been extremely volatile. The asset recorded a massive drop of nearly 20% throughout the past seven days. However, over the last 24 hours, the meme coin jumped by 15.32%. At press time, TRUMP was trading at $30.17. Source: CoinMarketCap It should be noted that the TR...

Igloo, the digital asset incubation studio and the team behind the popular Pudgy Penguins non-fungible token series, has successfully launched its layer two blockchain network on the Ethereum mainnet. The newly birthed Layer 2 network duped Abstract landed in the crypto market a few hours ago after over seven months of development. In response to the highly anticipated launch, the Pudgy Penguins NFT collection has surged +100% in daily trading sales volume. Abstract Mainnet is now live. Enter a new era of consumer crypto at https://t.co/48gTviHsmX pic.twitter.com/yZPY1nxl2g — Abstract (@AbstractChain) January 27, 2025 Pudgy Penguins NFTs Rise +100% In Daily Sales Volume Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that the Pudgy Penguins, a globally acknowledged non-fungible token collection from Igloo featuring a limited edition of 8,888 cute cartoon penguin collections hosted on the Ethereum...

Chinese AI upstart DeepSeek has reportedly limited registrations from users with a mainland China phone number after it fell victim to a “large-scale malicious attack” on Monday. In a statement, the company says it has taken steps to “ensure continued service” but has reassured existing users that they can log in as usual. It’s currently unclear who is behind the attack or what form it took. The update from DeepSeek. Read more: AI agent market cap down almost 50% across January DeepSeek was founded by Liang Wenfeng and is owned by the hedge fund High-Flyer. It creates large language models (LLMs) that work similarly to OpenAI’s ChatGPT.  Its latest model, DeepSeek R1, was released last week and seemingly has tech markets spooked. The program is reportedly cheaper than ChatGPT , is open-source, and uses the underlying technology more efficiently. Indeed, a former employee claimed it has improved Nvidia GPUs that are usually capped for the Chinese market when...

For years, MicroStrategy (MSTR) founder Michael Saylor has been complaining that regulators have been unfairly forcing him to undervalue bitcoin (BTC) as a corporate asset. As of January 1, 2025, he got his wish — and might have created an unexpected, multi-billion dollar tax bill in the process. Prior to 2025, Financial Accounting Standards Board’s (FASB) reporting standards for Securities and Exchange Commission (SEC) filings classified MicroStrategy’s BTC as an “indefinite-lived intangible asset.” This designation required MicroStrategy, as a public company, to permanently mark down the value of its BTC when it declined in USD price. Permanently marked down, the company could never mark up the value again, unless it actually sold the asset. Saylor decried this unfair treatment, claiming it was lunacy to not be able to report a gain after a markdown even as BTC’s price rebounded . Saylor fought for an ostensibly BTC-friendly change to FASB acco...