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The crypto market has experienced a significant downturn, with Bitcoin facing a potential drop to $75,000 before any signs of recovery. The broader market has witnessed a staggering loss of over $1 trillion in market capitalization, erasing much of the progress made over the past year. This sharp decline has particularly impacted meme coins, with Pepe coin suffering a dramatic 73% drop from its previous highs. Currently, its price action reflects the bearish trends seen in mid-2024, highlighting the fragility of meme-based assets in times of market uncertainty. Market sentiment has shifted toward extreme fear, reinforcing the notion that only the strongest hands will endure this phase. Bitcoin dominance has surged, indicating that investors are fleeing altcoins in favor of more stable assets. With the market entering what appears to be a bear trap phase, there is still potential for a renewed bullish wave if optimism returns. This article will explore Pepe coin’s price predicti...

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...

Bitcoin (BTC) is pushing to regain its six-figure valuation following a period where it risked falling below $90,000 support zone. However, on-chain data suggests a new record high could be on the horizon amid the recent volatility.  Specifically, data indicates that Bitcoin is currently hovering near a critical price range between $97,500 and $99,800, where over 924,000 addresses previously purchased more than 1.19 million BTC. To this end, prominent on-chain cryptocurrency analyst Ali Martinez identified this zone as a ‘brick wall’ due to the magnitude of Bitcoin accumulated at these levels, he said in an X post on December 21. Picks for you 2 cryptocurrencies to reach a $5 billion market cap in 2025 16 hours ago DeFi gets the data l...

The overall market sentiment is surprisingly negative, and cryptocurrency prices have fluctuated over the past few days, including Bitcoin (BTC). BTC tested an all-time high of 91K today and is trying to stabilize above that price as of press time. Meanwhile, Ethereum (ETH) has finally reached over $3,100. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify coins with some potential and inform investors and traders 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 Pepe Unchained, a new Pepe-themed meme coin launched on its Ethereum Layer 2 blockchain. Within minutes, it attracted over $150,...

BTC prices have been falling recently. At the same time, Solana (SOL) has shown strength. This has led to talks about a possible crypto rally, and investors are watching these different trends closely. Also Read: BNB’s Bullish Surge: Will It Hit $555 Amid Market Volatility? Riding the Crypto Waves: Bitcoin’s Slip and Solana’s Surge in a Volatile Market Solana’s Resilience Amid Market Turbulence SOL has been performing well in the crypto market. It has held strong support levels. This suggests it could move higher in the near future. The chart shows SOL bouncing off $120 support for six months. This means buyers keep stepping in at this price. Bitcoin’s Dominance Wanes, Altcoins Take Center Stage Bitcoin has been struggling lately. This has allowed altcoins to gain attention. As Bitcoin’s dominance falls, it might lead to an altcoin season. Also Read: US Dollar To Further Weaken As Markets Brace For Another Volatile Week On-Chain Activity: A Closer Look at S...

While the larger cryptocurrency market is facing a slight correction, TRON (TRX) seems to be doing the opposite. Bitcoin (BTC) and other significant crypto assets are trading in the red zone today, but TRX is green. The 11th largest crypto by market cap has rallied 12% in the last 24 hours, 25.6% in the weekly charts, 32% in the 14-day charts, and 21.5% over the previous month. In this price prediction article, let’s find out if TRX can hit a new all-time high in September 2024. Why is the Asset Rallying? Source: CoinGecko TRX’s current rally could be due to the launch of the SunPump meme coin platform on the Tron network. The launch has led to a significant increase in the network’s activity, which may have raised the asset’s price. Also Read: Tron Surges Another 9% as TRX Eyes a New $0.3 All-Time High TRX September 2024 Price Prediction CoinCodex Price Prediction Source: CoinCodex According to CoinCodex’s price prediction, TRON (TRX) will surge to $0.1966...

Despite decisively losing its multi-month stable levels near $67,000 and even dropping below $50,000 for short periods of time, Bitcoin (BTC) has shown significant resilience in retaining the range between approximately $58,000 and about $60,000. Indeed, though BTC is 11.95% in the red in the 30-day chart due to substantial volatility and selling pressure in early August, most recent trading has shown a trend for stabilization. Additionally, with Bitcoin price today, at press time, being at $58,546, the coin remains a 38.53% up year-to-date (YTD), thus leaving substantial room for optimism about its performance in the longer time frames. BTC 30-day price chart. Source: Finbold With both the downward pressure of recent months – downward pressure that has seen BTC experience major short-term drops during the summer of 2024 – and the room for further growth in the longer time frames, Finbold decided to examine the Bitcoin Rainbow Chart to help gauge where the c...