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A popular crypto analyst is still bullish on a memecoin that’s already ripped by more than 4,000% in two months. The pseudonymous trader known as Altcoin Sherpa tells his 236,500 followers on the social media platform X that he’s still accumulating the Solana (SOL)-based memecoin Fartcoin (FARTCOIN). “I’m filling a bit around $0.80ish, approaching my buys. Total buys = some at $1, more at $0.80, and I also moved some other buys to $0.65 in case they come. I want my average to be around $0.80 or lower though. Still think this is a good meme and I’m hopeful it doesn’t pull a goat/act/etc after being listed.” Source: Altcoin Sherpa/X FARTCOIN is trading at $0.81 at time of writing. The 136th-ranked crypto asset by market cap is down more than 11% in the past 24 hours but up around 4,000% in the past two months. The memecoin launched in late October. Altcoin Sherpa says there’s a catch, however. “Frankly I am a ...

Tether Bitcoin purchase has hit a new milestone in cryptocurrency adoption. The stablecoin company moved 7,629 BTC worth $705.25 million into its reserve wallet. This move helps reduce crypto market volatility through stablecoin investment and makes Tether the second-largest private Bitcoin holder, with reserves of 82,983 BTC. Just in: #Tether Bitcoin reserves have received 7,629 $BTC worth $705.25M from #Bitfinex after being dormant for 9 months. Currently, #Tether Bitcoin reserves hold 82,983 $BTC accumulated for $2.99B at an average price of ~$36,125. Currently, these $BTC are worth $7.68B.… pic.twitter.com/nOhyNWpgby — Onchain Lens (@OnchainLens) December 30, 2024 Also Read: Bitcoin to $1M: How a U.S. Reserve Could Make It Happen How Tether’s $705 Million Bitcoin Purchase Affects Market Volatility & Adoption Source: cryptodnes.bg Strategic Reserve Building TETHER ADDS ANOTHER $700M BITCOIN TO RESERVES SOURCE: ARKHAM pic.twitter.com/jhj4jIEh5o — Arkham (@arkham) December 30, 20...

The Dogecoin price dropped 2% in the last 24 hours to trade at $0.3111 as of 11:16 p.m. EST on trading volume that surged 22% to $2.6 billion. Dogecoin Price Aims For A Breakout The Dogecoin price Analysis on the 4-hour timeframe has shifted from a strong bullish trend earlier in November to a bearish-to-sideways movement as of late December. After peaking near $0.45, the DOGE price began to retrace significantly, falling below both the 50-day and 200-day Simple Moving Averages (SMAs), according to GeckoTerminal data . This marked a clear bearish reversal. The recent price action suggests a period of consolidation within a defined range between $0.30 (support) and $0.33 (resistance). This range-bound trading follows a sharp breakdown on December 17, where the price fell below the 50-day SMA. Despite attempts to recover, the price of DOGE has been unable to reclaim this moving average, signaling weak upward momentum. This type of structure often precedes either a breakout or conti...

XRP might hit its highest yearly close ever. The price could end the year above $2 for the first time. This shows both high market swings in crypto and strong growth for Ripple’s coin. The network can now handle more trades than before, making any XRP price prediction more optimistic. $XRP yearly candle overview When you zoom out, you can see $2 is really the only level that matters 2017 candle closed at $1.99 2021 candle wicked to $1.99 Two more days to close above $2 to break the “cycle cap” pattern pic.twitter.com/mSu7on4s2d — Dom (@traderview2) December 29, 2024 Also Read: Ripple: AI Predicts XRPs Price For January 1st 2025 XRP’s Historic Growth, Market Volatility, and Investment Opportunities in 2025 Source: TradingView Breaking the $2 Barrier XRP now trades at $2.06. Market analyst Dom kept it simple: “When you zoom out, you can see $2 is really the only level that matters.” Ripple’s coin once hit $2.47 in 2017, but it closed that year at...

The Wall Street Pepe (WEPE) token presale has reached an impressive $38 million milestone, with momentum showing no signs of slowing down. Investors and crypto enthusiasts are buzzing about this project, which is poised to break the $39 million mark soon. Averaging daily fundraising between $800,000 and $1 million—even during market dips—Wall Street Pepe has quickly become one of the most exciting projects in the cryptocurrency space. Wall Street Pepe hits $38 million in less than a month: A fast-growing opportunity Wall Street Pepe launched on December 3 and has made remarkable progress in just over 25 days. The project’s growth comes from its active community and strong presence on platforms like Telegram, where it has already attracted over 12,000 members. Through engaging memes and a consistent online presence, the project has built a loyal following that is expanding quickly. In less than a month, Wall Street Pepe (WEPE) raised $38 million, a milestone that...

The ai16z price soared 35% in the last 24 hours to trade at $1.23 as of 8:58 p.m. EST on trading volume that skyrocketed 218% to $195.73 million.  The pump made AI16Z the top performer among AI agents tokens, according to CoinGecko. In second and third places were FET and VIRTUAL, which climbed 4% and 1%, respectively.  ai16z Price On A Sustained Bullish Rally The ai16z price Analysis on the 1-hour timeframe reveals a bullish trajectory emerging from a consolidation phase. Initially, the price oscillated within a sideways range, failing to break above the 50 Simple Moving Average (SMA) and 200 SMA. However, a clear breakout above both SMAs has occurred, with the AI16Z price accelerating into a parabolic curve formation. This parabolic ai16z price movement indicates growing buying momentum, highlighted by the sharp incline and subsequent attempt to test higher resistance levels. Currently, the price has retraced slightly after touching a high of $1.40, suggesting a short-...

The cryptocurrency market has shown signs of recovery in the past 24 hours after recent downturns. The global market cap is at $3.37 trillion, reflecting a 1.55% increase from the previous day. The trading volume in the last 24 hours has also risen to $124.53 billion, marking a 2.98% uptick. Meanwhile, Bitcoin has rebounded after briefly falling to $92,000. It now trades above $96,000, showing a gain of over 1%. This upward trend has also affected other market segments, including meme coins like Shiba Inu and Bonk. These developments have drawn attention to the ongoing search for promising cryptocurrencies to invest in. Investors and analysts are closely watching these price movements, searching for top cryptocurrencies to buy now . Top Cryptocurrencies to Invest in Now XLM is currently priced at $0.3591, reflecting a 74.83% increase above its 200-day SMA of $0.206934. Meanwhile, Chiliz (CHZ) is exchanging hands at $0.08526, showing a slight intraday increase of 0.12%. Additionally...

The IRS has made its crypto taxation rules simple: pay taxes on staking rewards when you get them . This new rule affects how every crypto tax guide handles staking rewards tax for U.S. investors. If you stake crypto, you need to know these changes. Also Read: Crypto Fuels Russia’s De-Dollarization — Global Power Shift Looms IRS Crypto Tax Rules: What You Need to Know About Staking Rewards Source: Watcher Guru The New Rules The IRS now taxes your crypto-staking rewards when they hit your wallet. “Understanding the rules can save you a lot of trouble with the IRS,” tax expert Scott Martin explains. You can’t wait to pay taxes until you sell these rewards anymore. The Legal Fight Joshua and Jessica Jarrett are fighting these cryptocurrency tax rules in court. They want their $12,179 back from taxes on 8,876 Tezos tokens. Their point? Staking rewards should be like growing crops – you pay taxes when you sell them and not when you grow them. Their case from 2021 cou...

Crypto investors were heavily drawn to meme assets in 2024, according to a new study. In a research paper, CoinGecko says that the majority of crypto interest in 2024 hit the memecoin sector, which saw an expansion from dog-themed tokens to other animal and personality-themed digital assets. “The most popular crypto narrative in 2024 was by far the memecoin narrative, which captured a combined 30.67% of global investor interest across the main memecoin narrative and 25 memecoin trends. In other words, almost a third of crypto narrative interest this year was focused on more speculative opportunities with less emphasis on fundamentals, as the market expanded rapidly from dog-related memecoins to other animal-and personality-themed memecoins. Specifically, the main memecoin narrative ranked 1st with a 14.36% share of crypto narrative interest. This represents a 6.04 percentage point increase from the memecoin narrative’s 8.32% share of interest last yea...

What makes a cryptocurrency trend? Is it groundbreaking technology, growing adoption, or just a buzz in the community? Today, these three tokens have captured the spotlight: Kimbo, Beam, and Osaka Protocol. These cryptocurrencies aren’t just climbing the charts; they’re reshaping narratives in the blockchain space, each with its own unique story and purpose. Trending Cryptocurrency Tokens on Avalanche Chain Today Kimbo is making waves as a token designed for scalability and accessibility. Beam is leading the charge as privacy becomes a non-negotiable in the crypto world. Meanwhile, the Osaka Protocol is the solution for blockchain’s age-old scalability problem. Are you ready to explore the trending cryptocurrency tokens on Avalanche Chain today ? 1. Kimbo (KIMBO) Kimbo focuses on empowering content creators and fostering community engagement. It’s designed to revolutionize how creators monetize their work, ensuring transparency, efficiency, and direct support...