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Showing posts from November, 2024

Trader Turns $160 Into $6,140,000 on New Under-the-Radar Solana-Based Memecoin in Just 12 Days: Lookonchain

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Blockchain tracker Lookonchain says one savvy crypto trader is enjoying a chill 38,399x return on a new memecoin. According to Lookonchain, one anonymous trader is enjoying humongous gains from a Just a Chill Guy (CHILLGUY), a Solana (SOL)-built memecoin based on a viral cartoon. “Turned $160 into $6.14M, ??a 38,399x return! 12 days ago, this trader spent only 0.75 SOL($160) to buy 12.5M CHILLGUY on //Pump.fun, and then sold 2.8M CHILLGUY for 149 $SOL($35.4K). CHILLGUY The trader still holds 9.62M CHILLGUY($6.1M), with a total profit of $6.14M!” Source: Lookonchain/X Source: Lookonchain/X CHILLGUY has been one of the most viral memecoins of the last month. Last week, the illustrator behind the viral “Chill Guy” meme warned CHILLGUY holders that he plans to take legal action against the Solana (SOL)-based memecoin over copyright issues. Chill Guy creator Phillip Banks took to the social media platform X to threaten legal action against unauthorize...

Ripple (XRP) Stablecoin Set For Approval In New York

Ripple Labs (XRP) could see their stablecoin receive regulated approval very soon, according to a Fox Business report. New York’s top crypto regulator is close to greenlighting a new stablecoin issued by Ripple, which could be launched next month. JUST IN: New York's crypto regulator nearing approval of Ripple-issued stablecoin, Fox Business reports. — Watcher.Guru (@WatcherGuru) November 29, 2024 People close to the matter say the New York Department of Financial Services has indicated to Ripple it will approve the stablecoin. Ripple is reportedly eyeing a possible launch date of Dec. 4. If approved Ripple Labs will be allowed to legally offer its stablecoin RLUSD to the public. Ripple Continues to Shine: Stablecoin Launch Imminent? Following its years-long legal battle with the SEC, Ripple has flourished in the final months of 2024. The company’s native cryptocurrency is now the fifth largest in the world by market cap. Ripple Labs’ decision to launch a stablecoin ...

Soul Quantum Void's (SQV) Groundbreaking, Capitalization Rejecting Crypto Is Coming Soon

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Soul Quantum Void (SQV), a brand-new and authentic cryptocurrency project, is coming in December 2024.  The SQV project embraces the core appeal of MEME culture in its mission to redefine the broader crypto market through its meticulous tokenomics model, fun participation mechanisms, and decapitalization concept.  SQV is built on a fully decentralized multi-layer design that encourages and rewards players for enjoying and actively promoting the project.  Reshaping the Rules of the Web3 Ecosystem SQV aims to completely break the traditional capital monopoly of the crypto market by embracing decentralization and decapitalization at its core. To achieve this goal, it is building a fair, transparent, and sustainable new ecosystem that integrates community consensus, innovative gameplay, and a comprehensive tokenomics model. Innovative Decentralized "Card Exploration" Game The innovative "Card Exploration" gameplay seamlessly integrates with the project’s ...

AI Predicts Dogecoin (Doge) & Ripple (XRP) Price For December 1st

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Dogecoin (DOGE) and Ripple (XRP) have been building bullish momentum lately. The cryptocurrency market currently favoring both tokens with utmost attention, helping them thrive and gain further momentum. However, as Bitcoin once again retraces its steps back to $92K, will these two coins hold their current positioning with solid conviction? Also Read: Shiba Inu: AI Predicts SHIB’s Price for December 1, 2024 Dogecoin Price Forecast For December 1 Source – Bitcoinist Dogecoin is currently sitting at $0.38, down 4% in the last 24 hours. The token has plummeted recently as Bitcoin retraced its trajectory, falling back to ultimately trade in the $92K zone. However, some experts predict that the bull market is far from over and that Dogecoin has a lot to offer in terms of price spikes that may help the token ultimately claim the $1 mark. Dogecoin may sit at the $0.38 price mark by December 1st. Image: CoinCodex However, the token is expected to gain some value by January or February 202...

Ethereum Rainbow chart predicts ETH price for Jan 1, 2025

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Ethereum (ETH) has experienced a price breakout in the weekly timeframe, comfortably trading above the $3,500 resistance as the decentralized finance (DeFi) asset targets the crucial $4,000 mark. The sustainability of this newfound momentum is of key interest to the general cryptocurrency market, as it is viewed as a precursor to the start of an altcoin season heading into 2025.  Notably, as of press time, Ethereum was trading at $3,569, having rallied by over 1% in the last 24 hours. On the weekly chart, ETH is up almost 8%. Picks for you Khabib ‘supports’ new crypto riding Conor McGregor civil case 54 mins ago Will the Thanksgiving rally finally push Bitcoin to $100,000? 2 hours ago ...

Ethereum Price Prediction As Donald Trump Holds $5.38M ETH And Experts Say Consider Buying This Other Crypto Offering 639% APY

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The Ethereum price rose 5% in the last 24 hours to trade at $3,597 as of 02:15 a.m. EST on trading volume that climbed 2% to $42.40 billion. This comes amid reports that Donald Trump, the US president-elect, holds a total of $7.1 million in crypto, with Ethereum being his top holding. Trump holds a total of $5.38 million worth of ETH. Ethereum Price On A Sustained Bullish Rally The ETH/USD chart on the 4-hour timeframe shows an overall uptrend over recent weeks. The Ethereum price is forming a bullish rising channel, with higher highs and higher lows, indicating strong upward momentum. K ey levels of interest include the support trendline (lower boundary of the channel) and the resistance trendline (upper boundary of the channel), according to data from GeckoTerminal . ETH price has maintained its trend above the 50-day and 200-day Simple Moving Averages (SMAs), which shows that the Ethereum price is maintaining the bullish trend. Meanwhile, the Relative Strength Index (RSI)...

Binance Sparks Explosive Rally in Newly Launched DeFi Altcoin With Surprise Support for Trading

A newly launched decentralized finance (DeFi) altcoin is surging after earning a surprise listing by top crypto exchange Binance. In a new announcement, Binance says that it is launching futures contracts with up to 75x leverage for Morpho (MORPHO), a decentralized lending protocol built on the Ethereum (ETH) blockchain. As the listing announcement went out, Morpho exploded and is currently up 85.8% in the last 24 hours, trading for $1.67 at time of writing. With a market cap of $221.3 million, Morpho is the 347th largest crypto project. The project aims to improve the efficiency and flexibility of borrowing using blockchain technology. “The protocol matches liquidity on a peer-to-peer basis, resulting in a 100% capital utilization rate and better rates for both borrowers and lenders. If a peer-to-peer match for a loan isn’t found, the loan is matched with liquidity from underlying lending pools.” Binance also announced future support for Solan...

Analyst makes crypto predictions for ‘the mother of all bull markets’ in 2025

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Cryptocurrency analysts expect 2025 to be “the mother of all bull markets” or “the biggest crypto bull run ever.” Amid these optimistic expectations, the CEO of Nansen AI , Alex Svanevik, made nine crypto predictions for the upcoming new year. As shared in a thread today, Svanevik addresses memecoins, DeFi, Solana (SOL), Bitcoin (BTC), tokenization, DeSci, AI, FIT21, and RWAs. The analyst also predicted 2025 will be “the mother of all bull markets,” and his projections are highly optimistic overall. Other analysts share a similarly optimistic view for the upcoming new year, with prominent names calling for a utility focus.  Picks for you Bitcoin Rainbow chart predicts BTC price for Jan 1, 2025 3 mins ago DIA Lasernet launches first-ever La...

Cash App founder Bob Lee's murder trial nears end — is Nima Momeni guilty?

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The murder trial of Cash App founder Bob Lee is finally wrapping up. Accused of the crime, tech consultant Nima Momeni says he acted in self-defense. A bad joke “just set him off,” Momeni told the jury. “I was in fear for my life.” Momeni claims he deflected Lee’s oncoming knife, pinned his arm back into his chest twice, until he let go. Then, Lee walked away. Video surveillance, however, appears to show Momeni stabbing Lee. Text messages and witness testimony suggest that Momeni believed Lee was responsible for his sister’s alleged sexual assault. Now that both the prosecution and the defense have rested their case, the jury will decide if Momeni is guilty of murder. Here’s how the entire case unfolded. Bob Lee in 2021 (via Fortune). April 3, 2023: The night Bob Lee died Momeni and Lee were introduced through Momeni’s sister, Khazar, just a few days before his death. On April 3, Khazar and Lee went to the home of a man named Jeremy Boivin. “I did not k...

Could Dogecoin Reach $1 by 2025? Here’s What Might Propel It

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The Dogecoin (DOGE) market witnessed several roadblocks after its latest rally. The asset surged to a high of $0.4775 earlier this month, which further led to the community betting on DOGE reaching $0.50 or more. But now, Dogecoin was taking a backseat. The foundation behind the meme coin could be trying to boost the price of the asset. Also Read: Creo Engine Unveils Latest Breakthrough: CreoPlay Bot and ID Wallet Dogecoin Foundation Seeks Donors, Here’s Why To expand the community through further network development, the Dogecoin Foundation has requested an undisclosed sum. According to the Dogecoin Foundation’s X post during the weekend, developers are looking for a few significant sponsors in 2025. This is to aid finance initiatives to promote widespread adoption. The funds will reportedly be used to develop Dogebox. This is a decentralized payment system designed to empower small and medium-sized enterprises. The Dogecoin Foundation said, “ Going into 2025 the Doge...

Best Wallet Soars Past $1M In Private Sale As Public Presale Starts Today For Web3 Wallet Built For 2024 Bull Run

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The Best Wallet ($BEST) token has raised over $1 million in just 14 days during its private sale and now the public presale, which started Monday, is open to everyone. As the new go-to Web3 wallet for crypto traders – especially during this historic bull run, with Bitcoin ($BTC) nearing six figures – Best Wallet is seeing a massive uptick in user growth, and investors are quickly jumping in to acquire a share of its expanding ecosystem. The public presale opens to a wider audience. $BEST tokens are available at the ground-floor price of $0.02275, but the price will increase in less than 30 hours as part of the presale stages. Users can immediately take advantage of the newly launched staking feature, which allows them to quickly grow their $BEST holdings and position themselves for significant gains when the token hits exchanges. There’s no better time to participate in a presale than in one that’s already showing massive success. ...

Is It Too Late To Buy MAD? Mad Price Surges 32% And This Might Be The Next Crypto To Explode

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The Mad price has surged 32% in the last 24 hours to trade at $0.00003682 as of 12:20 a.m. EST on a 17% drop in trading volume to $7.9 million. Mad Price Bulls Regain Momentum The MAD/USD trading pair in the 4-hour timeframe shows a parabolic price action, which indicates strong upward momentum driven by heightened buying interest. The price peaked near $0.00008000 but faced a sharp correction due to profit-taking or overbought conditions. Currently, the price is stabilizing around $0.00002365, which is acting as a key support level, potentially signalling a bullish reversal. If this support holds, the price could resume its upward trend. MADUSD Analysis Source: Dextools.io The 50-day simple moving average (SMA) at $0.00002840 acts as dynamic resistance, while the 200-day SMA at $0.00001411 serves as long-term support. The wide gap between the two SMAs underscores the overall bullish trend. However, the Mad price must break above the 50 MA for it to regain momentum. The MAC...