Posts

Showing posts with the label market cap

Ethereum Enters Top 30 Global Assets With $416B Market Cap – What’s Next?

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Shiba Inu: Bitcoin Analyst Explains if SHIB Can Ever Reach $1

Image
Davinci Jeremie is among the first Bitcoin proponents who urged investors to buy and invest in BTC back in the day. His video went viral a few years ago where he was urging people to buy Bitcoin to secure their financial future. He asked traders to consider BTC in 2013 when its price was hovering around the $130 mark. Now, 12 years down the line, BTC crossed the $100,000 milestone in January 2025. The Bitcoin proponent Jeremie recently spoke about Shiba Inu’s prospects and explained it SHIB can ever hit $1. Also Read: XRP Eyes 12.5% Jump to $2.25 as $18.9T Tokenization Wave Approaches SHIB: Will Shiba Inu Reach $1? Bitcoin Proponent Explains the Possibilities Source: Watcher Guru Bitcoin analyst Jeremie explained in the latest podcast that there’s little to no chance of Shiba Inu ever hitting $1. He stressed that SHIB’s market cap needs to breach 600 trillion to even consider reaching the $1 milestone. That’s an impossible number and is five times bigger than the...

SHIB Investment: $1,000 Returns if Market Cap Hits $100B

Image
SHIB, or Shiba Inu, has kind of become one of those cryptocurrencies that everyone’s talking about these days. With its fun-based meme-inspired origins and the potential for explosive growth, it’s no surprise that investors are curious about what a $1,000 investment in SHIB could actually turn into if its market cap somehow reaches the value of $100 billion. Source: TradingView Also Read: Ripple: Here’s How High XRP May Go Irrespective Of The SEC Verdict Right now, at the time of writing, SHIB is trading at $0.00001282 in value, and its market cap is sitting at around $7.55 billion total. But, a good question would be, what happens if SHIB’s market cap suddenly shoots up to $100 billion? Let’s break it down a bit and dive in. Source: X Projected Returns on a $1,000 Investment Okay, so, if you were to invest $1,000 in SHIB at its current price, you’d end up with around 78 million SHIB tokens. Wow! Now, if SHIB’s market cap were to hit $100 billion, the...

2 cryptocurrencies to reach a $5 billion market cap in March

Image
Bitcoin (BTC) staged a sharp recovery, rebounding from a sell-off sparked by Trump’s announcement of 25% tariffs on US imports from Canada and Mexico. The downturn wiped out $460 billion from the total crypto market capitalization, triggering $985 million in liquidations and sending BTC plunging to $82,000. Despite the sharp sell-off, Bitcoin regained momentum, surging 4% in 24 hours to trade at $87,300 at press time. While uncertainty still looms, some altcoins are showing strength, pushing toward key valuation milestones.  With liquidity returning to the market, Finbold has identified two cryptocurrencies, Aave (AAVE) and Aptos (APT), as being on track to reach a $5 billion market cap by March, driven by growing institutional interest and a rapidly expanding DeFi ecosystem. Picks for you Bybit unveils game-changing crypto learning pl...

Strategy trades at nine-month low multiple to its bitcoin holdings

Despite billions of dollars in bitcoin (BTC) purchases, a televised investor gala, a First Family meet-and-greet, a corporate name change, and a new Nasdaq stock listing, the simple multiple that investors are willing to pay for Michael Saylor’s Strategy (MSTR) BTC has been declining for months. Soaring above 3.4X as recently as November 2024 with calls for it to somehow reach 10X, today’s figure has instead declined below 1.7X. This premium, colloquially known as Strategy’s Multiple-to-Net Asset Value or “mNAV,” is the market capitalization of MSTR relative to its BTC holdings. This simple integer encapsulates investors’ overall faith in the company’s ability to positively accrete BTC per share on a dilution-adjusted basis. Although Strategy’s $76.5 billion market cap is still a generous premium to its $45.2 billion worth of BTC, today’s 68% premium is a far cry from its 240% premium on November 20. Saylor has been trying to pump it back up, of course, ann...

Solana Price Crashes Below $200, But This SOL Layer 2 Surpasses $22M

Image
Solana (SOL) has experienced a significant price drop, raising concerns among investors.  The cryptocurrency, once valued at over $200, is currently trading around $167, a stark decline that has left many wondering about its future. This article delves into the reasons behind Solana’s downturn, identifies key support levels, and explores potential trading strategies. Solana remains a dominant force in the crypto space, with a market cap of approximately $81.8 billion, ranking sixth among all cryptocurrencies. Its position is notably higher than other Layer 1 blockchains such as Cardano, TRON, and Chainlink. One of the primary reasons for Solana’s elevated market cap is the shift of meme coin activity from Ethereum to Solana, with platforms like Pump.fun generating billions in revenue monthly. Solana’s daily trading volume stands at $5.8 billion, significantly surpassing Cardano and TRON, which report volumes below $1 billion. However, despite its strong posit...

Celestia Price Prediction for Today, January 31 – TIA Technical Analysis

Image
The Celestia price prediction reveals that the TIA price tests the previous downtrend channel’s resistance as a support level. If this level holds, it could provide the foundation for a continued upward move. Celestia Prediction Data: Celestia price now – $4.23 Celestia market cap – $2.16 billion Celestia circulating supply – 509.46 million Celestia total supply – 1.09 billion Celestia Coinmarketcap ranking – #52 Early participation in crypto projects can yield significant gains, as seen with Celestia (TIA). Currently trading at $4.26, TIA has surged over 900% from its all-time low of $2.03 on October 31, 2023, to its all-time high of $20.91 on February 10, 2024. This highlights the potential rewards of early investment in promising blockchain projects. TIA/USD Market Key Levels: Resistance levels: $6.50, $7.00, $7.50 Support levels: $2.00, $1.50, $1.00 TIAUSD – Daily Chart The daily chart of TIA/USD indicates a bearish trend ...

Avalanche Price Prediction for Today, January 24 – AVAX Technical Analysis

Image
The Avalanche price prediction is currently showing a slightly bullish trend as it moves closer to the 9-day and 21-day moving averages. Avalanche Prediction Data: Avalanche price now – $36.69 Avalanche market cap – $14.57 billion Avalanche circulating supply – 411.57 million Avalanche total supply – 449.91 million Avalanche Coinmarketcap ranking – #12 Avalanche (AVAX) exemplifies the rewards of early adoption in cryptocurrency, with its price skyrocketing by an incredible +1214.38% from its all-time low of $2.79 on December 31, 2020. Although currently trading between $34.64 and $36.74, it once reached an impressive all-time high of $146.22 on November 21, 2021, highlighting its potential in the market. AVAX’s performance underscores the opportunities within the crypto space for those who recognize promising projects early. AVAX/USD Market Key Levels: Resistance levels: $50, $55, $60 Support levels: $22, $17, $12 AVAXUSD – Daily C...

‘Typically a Good Sign’: One Metric Is Flashing Bullish for Altcoins, According to Analytics Platform Santiment

Image
Crypto analytics firm Santiment says one metric is suddenly flashing bullish for altcoins as Bitcoin (BTC) reclaims $100,000. Santiment says that multiple altcoin projects are seeing a massive increase in whale transactions, including the stablecoin Dai (DAI), issued by Maker. According to Santiment, the increased buying of DAI is a bullish signal, indicating that investors are probably going to soon use the stablecoins to accumulate altcoins. “For stablecoins, increased activity is typically a good sign that large levels of funds are being prepared to be swapped for altcoins that are common with that stablecoin’s trading pair. For example, Dai (shown three times on this countdown [below]) is commonly associated with ETH-based assets.” Santiment shares a top-10 list of altcoins with a market cap of at least $500 million that are seeing the largest increase in whale transactions so far this week: “MakerDAO DAI on BNB: +800% DeXe Network D...

Analyst Says He’s Bullish on Memecoin That’s Exploded Over 4,000% in Two Months – But There’s a Catch

Image
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 ...