Altcoin News Official TheBitTimes.com

Trading activity of Shiba Inu in the ‘buying’ category experienced a double-digit surge on Thursday. SHIB has remained stagnant in the charts for close to three months with little to no price spurts. The development has caused distress to investors as their funds are not moving upward. The price stagnation is making other meme coins lucrative while SHIB remains in the back seat. However, investors are now making use of the relentless price dip on Shiba Inu as the buying activity increases. The move indicates that traders are considering that its price could have bottomed out in the charts. Also, SHIB briefly turned green today as the buyers outpaced the sellers. Also Read: SHIB Whale Activity Rockets 8,866% as Token Risks Adding Another Zero According to the latest SHIB data from the Coinbase exchange, buying activity in Shiba Inu has surged close to 14%. For the first time in a month, buyers outpaced the sellers in SHIB. While 4,500 traders pressed the ‘buy’ but...

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...

Ethereum is back on the mend, rising 15% in the last week and prompting holders to turn bullish on the asset. At press time, ETH is trading at $2,684.49, already a 4% rise in 24 hours alone. With the Ethereum team issuing an update ahead of the upcoming Pectra hard fork upgrade, there is new momentum behind the Ether token. The latest whale activity and technical indicators suggest Ethereum could be getting ready for a significant upswing, with a chance for it to reach $300. A recent increase in open interest, funding rates, and network growth signal strong demand for ETH, pumping its price. Furthermore, Spot Ethereum ETFs have improved their performance over the past few weeks as well. Data from Farside investors reveals that flows into US-based spot Ethereum ETFs turned positive last week. Inflows of $5.2 million and $2.9 million were seen on Septemper 19 and September 20, respectively. Ethereum Outperforms Bitcoin: Is $3,000 Imminent? Furthermore, the recent positive performance o...