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PEPE bulls have encountered challenges in their attempts to push up the meme cryptocurrency’s price over the past week. Notably, PEPE has experienced a decline of approximately 4% in the last 24 hours alone, with a more substantial drop of 6.5% over the course of the past seven days. The selling sentiment surrounding PEPE has increased significantly since the middle of July. Throughout this period, the meme coin has struggled to break above resistance at $0.0000126, facing repeated failures each time it approached this critical price point.  A deeper Analysis of market behavior reveals that this prevailing selling sentiment c an be largely attributed to a notable shift in the composition of PEPE investors. There has been a strong increase in the number of short-term holders, accompanied by a corresponding decrease in long-term holders.  ...

Although some assets in the cryptocurrency market are slowing down, things seem to looking optimistic for Solana (SOL), which has been recording gains across multiple time frames, and might continue to push higher in the following weeks, perhaps even to the price of $600. Specifically, Solana has broken out from the re-accumulation structure and looks ripe to push higher, upon which it “likely soon enters a mania- like stage” and scales out aggressively, according to the Analysis shared by pseudonymous crypto trading expert Jelle in an X post on July 31. Solana price prediction 2024: How high can Solana go? As the crypto analyst further explained, Solana’s final target, once it breaks above its all-time highs (ATHs) and proceeds “scaling out aggressively,” will be around $600, which, according to his chart pattern Analysis , could happen sometime in the next couple of months. Picks for you ...

The United States Securities and Exchange Commission (SEC) has stepped back on the accusation that some cryptocurrencies are illegal securities. In a recently filed amendment in Binance‘s case, the SEC dismissed the ruling over the legality of these tokens, including Solana (SOL). Previously, the U.S. regulator listed ten cryptocurrencies as securities in a lawsuit against Binance, the largest crypto exchange. According to the enforcement action, the SEC classified Solana as an unregistered security, accusing Binance of illegally supporting SOL. This regulation-by-enforcement strategy has become the SEC’s standard against the cryptocurrency market, creating regulatory uncertainty and raising concerns. Now, the Securities and Exchange Commission’s pivot on Binance’s case suggests the agency is changing its modus operandi, sparking optimism. Picks for you ...

The Book of Meme price surged 9% in the last 24 hours to trade at $0.01127 as of 4.40 a.m. EST on trading volume that jumped 30% to $393.9 million. BOME is a popular meme coin that aims to immortalize memes by recording them on the blockchain. The project has been one of the highest gainers ever since it launched, and it used every opportunity to grow and boost in price. Top mover second day running for $BOME Doing more in 24h volume than all other meme coins outside of the top 3 💡 pic.twitter.com/mYsHRgfhWK — WATASHI CRYPTO (@watashicrypto) July 29, 2024 Even right now, while many meme coins and other cryptos plunge, BOME is seeing a price surge that has taken it to the highest point it has seen in the past month. Book of Meme did not report any major developments that would influence its price recently, so the surge that it is currently experiencing likely comes from traders’ own bullishness on the project. Book of Meme Price Prediction The Book Of Meme p...

Ripple ’s XRP token seems to be following the larger market rebound, rallying 0.9% in the daily charts, 13.7% in the 14-day charts, and 28.2% over the previous month. The latest market recovery is likely due to Bitcoin (BTC) inching closer to the $70,000 mark. BTC’s rally, on the other hand, is likely due to Donald Trump making bullish comments on the original cryptocurrency at the 2024 Bitcoin conference. There is some speculation that Trump might start a Bitcoin reserve policy if he comes to office. Also Read: Here’s When XRP Will Climb Above $1 Again How to be a millionaire when Ripple’s XRP hits $1.5? Source: Reddit To have a million dollars worth of XRP at $1.5 per coin, you will need about 666,666.66 coins. The price of 666,666.66 XRP right now is about $400,000. If XRP hits $1.5, your investment would have grown by about 150%. The question now becomes when will XRP hit $1.5. One of the most significant barriers to XRP’s price is the ongoing lawsuit between...

Fuse Network has announced that the Consensus Contract on the Flash Testnet network is now live, as per the latest updates shared with Finbold on July 29. Dedicated to advancing the network’s capabilities, stability, and decentralization, Fuse is likewise introducing several key updates, including a new maximum stake requirement for validators, a deflationary token model , and the integration of Polygon’s Chain Development Kit (CDK).  zkEVM Layer 2 Network  The transition to a ZK-powered Layer-2 (L2) network using Polygon CDK is expected to boost the network’s scalability, security, and interoperability.  Picks for you Nikki Haley’s net worth revealed: How much is the former South Carolina governor worth? 2 hours ago China is...

A crypto whale has invested $370,000 in the WienerAI ($WAI) token, as the presale raise total closes in on the $9 million mark. The AI trading-focused meme coin that Features an adorable wiener dog as its mascot, aims to revolutionize meme coins by offering game-changing technology. In a testament to the excitement being generated about the powerful AI trading chatbot at the heart of the product, one deep-pocked investor has ponied up 114.15 ETH, currently valued at $370,000, to secure what could be 10x gains or more at launch. https://etherscan.io/tx/0x456b1350de117788c36082c08d86b9f4fe8e9e2cf55da8c210320c19c88957e7   Right now, WienerAI’s presale price is a steal compared to the expected future gains. With over 70% of the funds raised already locked in staking, there’s strong investor confidence in $WAI’s potential. Plus, an upcoming exchange listing could send its price skyrocketing. At the final presale price of...

The Bitcoin price climbed 1% in the last 24 hours to trade at $67,989 as of 09:54 p.m. EST on trading volume that dropped 22% to $29 billion. There will be better times ahead if Michael Saylor’s latest prediction proves right. The BTC permabull said at Bitcoin 2024 in Nashville on July 26 that the BTC price will hit $13 million by 2045. There was more good news for the king of cryptos, too, when the state of Michigan invested $6.6 million of its pension fund in ARK 21Shares’ ARKB spot Bitcoin ETF (exchange-traded fund). Bitcoin Price Invalidates Rounding Top – Bullish Rally Ahead? Bitcoin Price Chart Analysis Source: GeckoTerminal.com The Bitcoin price has been in a tear in July, as it used the $56,000 support level to surge through a markup phase to the $68,000 resistance zone, according to data from GeckoTerminal . BTC price then went through a correction, retracing to the $64,000 level, forming a rounding top pattern. The price of Bitcoin then invali...

A widely followed crypto analyst believes that one Ethereum (ETH) rival is gearing up for a parabolic move. In a new strategy session, crypto trader Ali Martinez tells his 68,300 followers on the social media platform X that Solana (SOL) could put up a more than 400% gain based on historical precedence. “Solana is looking a lot like July 2021 – $1,000 SOL coming soon!” Source: Ali Martinez/X Looking at the analyst’s chart, he suggests that Solana may be breaking out of a descending triangle for a bullish reversal similar to in July 2021, when SOL soared from around $34 to an all-time high (ATH) of about $260 in November 2021. Solana is trading for $181 at time of writing, up 6.8% in the last 24 hours. Next up, the analyst says Bitcoin’s (BTC) relative strength index (RSI) – a momentum oscillator used to analyze whether an asset is overbought or oversold – is flashing bullish. “Bitcoin is signaling a potential bul...

The presidential race in the United States is getting interesting, with several twists and turns. Amidst this, crypto currency hasn’t lost steam. Donald Trump , the former President of the United States, has continued to garner support from the crypto currency industry through donations. More recently, the Chief Legal Officer of Ripple, Stuart Alderoty, donated a staggering $300,000 in XRP to the Republican presidential candidate. Fox Business journalist Eleanor Terrett revealed that Alderoty poured in 624,000 XRP to Trump’s campaign. This donation was made on June 11, 2024, but was brought to light only recently. NEW: According to @AppBreadcrumbs, @Ripple’s General Counsel @s_alderoty donated $300K in $XRP to @realDonaldTrump. — Eleanor Terrett (@EleanorTerrett) July 25, 2024 It seems like Trump’s campaign was scared of the volatility of the crypto currency industry. Following the above transfer from the Ripple CLO, Trump’s office converted the XRP to USDC. Former FOX News analys...

Marathon Digital (MARA), one of the largest Bitcoin (BTC) mining companies , has recently announced a substantial acquisition of $100 million worth of Bitcoin.  This significant purchase, detailed in a recent company statement, has increased Marathon’s Bitcoin holdings to over $1 billion at current prices, showing the company’s confidence in the future price appreciation of the largest cryptocurrency on the market. Is Bitcoin The ‘World’s Best Treasury Reserve Asset’? According to the company’s announcement on Thursday, by adopting a “HODL” strategy, Marathon has committed to retaining all Bitcoin mined through its operations, coupled with periodic strategic purchases on the open market.  Related Reading Dogecoin Set ...

The 2024 Paris Olympics opening ceremony takes place on Friday, but traders are already apeing into a new coin that is the closest crypto has to an official Olympics token: The Meme Games ($MGMES). In the space of a week, $MGMES has amassed $250,000 from smart investors looking to capitalize on growing Olympics fever. Olympic Games-themed cryptocurrency The Meme Games ($MGMES) packages five top meme coin projects in a novel purchase-and-play format that is both fun to play and profitable. The meme coins participating in The Memes Games are: Dogecoin ($DOGE), Pepe ($PEPE), DogWifHat ($WIF), Brett ($BRETT) and Turbo ($TURBO). Meme Games blends the gaming success essentials of jeopardy, excitement, competition, rewards and the element of chance. That, combined with the worldwide attraction of memes and the Olympics, has seen the crypto and tech media already labelling $MGMES as the ‘official’ meme coin of the 2024 Paris Olympics. ...