PricePredictions2024

Memecoin Bonk, inspired by dog-themed memes, faces a significant decline despite a massive token burn event that removed 1.69 trillion tokens worth over $51 million from circulation. The event, known as BURNmas, failed to prevent the cryptocurrency's price drop.
Delayed BURNmas Execution
The Bonk team originally planned to conduct the token burn on Christmas Day, December 25, but delays pushed the event to the following day, December 26. The initiative was part of a marketing campaign that included:
Burning 1,000 BONK tokens for every post on the X platform (formerly Twitter) with the hashtag #LetsBONK.Burning 10,000 BONK tokens for every new follower on Instagram and TikTok.
Initially set to burn 1 trillion tokens, the community's support allowed the burn to reach 1.69 trillion tokens, representing 1.85% of the total supply, which now stands at 90.97 trillion tokens, according to CoinGecko data.

Why Is BONK's Price Falling?
Token burns are typically employed as a strategy to increase value by reducing supply. However, BONK has failed to replicate its November success, where a similar event saw prices soar by 56% and market capitalization reach an all-time high of $4.38 billion.
Following the December 26 burn event, BONK's price dropped by 7.2%, amid a broader market decline. Its market capitalization now stands at $2.3 billion.
Community Frustration
The delay in the BURNmas event has sparked frustration within the BONK community. Some users voiced concerns over the team's lack of communication.
A user on X, BestBets, directed criticism toward a Bonk team member known as “Nom”:
“Prices keep dropping because you guys don't keep your word and fail to communicate,” said BestBets.
“Lying to the community will cost you progress and coin holders,” added another user, PootieCoin.

BONK Still Among Top Memecoins
Despite the decline, BONK remains the fourth-largest memecoin by market capitalization, totaling over $105 billion. Its competitors include Dogecoin, Shiba Inu, and Pepe, according to CoinGecko data.

#Bonk , #Memecoins🤑🤑 , #CryptoNewss , #burning , #PricePredictions2024

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Crypto Market Under Pressure
Today's cryptocurrency market update shows Bitcoin (BTC) dropping to a monthly low, while most altcoins continue to lose value. However, FTX Token (FTT) has seen a significant spike. The overall market reflects a bearish trend.
Stablecoin Tether (USDT) might face removal from European exchanges due to new MiCA regulations, set to take effect by December 30, 2024. This uncertainty adds pressure to the market.
FTX Token (FTT) has surged by 7%, following FTX’s announcement to begin claim processing from January 3 next year. Globally, the cryptocurrency market capitalization fell by 1.5% over the past 24 hours to $3.29 trillion, while trading volume increased by 12% to $90 billion.
Prices of Selected Cryptocurrencies
Bitcoin Today
Bitcoin (BTC) dropped below the $94,000 mark and is currently trading at $93,400, a 1.3% decline in the past 24 hours. Its 24-hour low and high were $93,079 and $95,341, respectively. However, trading volume rose by 40% to $32 billion.
According to SoSo Value, BTC ETFs saw an inflow of $387 million last week, signaling renewed institutional interest. Elon Musk also hinted at the possibility of accepting Bitcoin for payments, keeping community interest high.
Ethereum Today
Ethereum (ETH) recorded a 1% gain and is now trading at $3,421. Its 24-hour low and high were $3,327 and $3,434. ETH ETFs attracted $349 million last week, ranking second behind BTC.
However, analysts warn that ETH could drop to $2,600 due to the massive inflow of 110,000 ETH to exchanges, indicating potential selling pressure.
XRP Today
XRP is trading at $2.12, reflecting a 3% drop in the last 24 hours. Its low and high for the day were $2.076 and $2.197.
Top Gainers of the Day
FTX Token
FTT showed a 10% increase, trading at $3.75. Its 24-hour low and high were $3.416 and $3.826, demonstrating strong upward momentum.
Ethena
Ethena (ENA) rose by 6% to $1. Trading volume increased by 45% to $352 million, indicating heightened market activity.
Biggest Losers of the Day
Bitget Token
BGB lost 20% of its value, trading at $6.01. Despite the drop, trading volume rose by 47% to $1.34 billion.
Pudgy Penguins
PENGU's price fell by 10% to $0.032, though it has seen a 500% rise over the past month.
Movement (MOVE), OKB, and Beam (BEAM) saw losses of 1% to 5%, reflecting a continued downturn in the market.
Hourly charts also show a downward trend, with Bitcoin and major altcoins experiencing minor declines over the last hour.

#bitcoin , #altcoins , #cryptocurrencies , #PricePredictions2024 , #ETH

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Baby Coin 2024 concludes beautifully
Baby Coin, the third-largest meme coin on the market, has seen a significant price surge as 2024 draws to a close. Its price has risen by around 20%, recouping some of the losses it suffered earlier this month. Baby is now trading at $0.000022, its highest level since December 18.
Elon Musk's Impact on the Growth of Baby Coin

Uniswap (UNI) has experienced mixed developments in recent days – while its large transactions surged by 200%, its price fell by 9% within 48 hours. These conflicting signals leave investors uncertain about the altcoin’s near-term trajectory.
Whale Activity on Uniswap Surges
Large transactions, often indicating whale activity, have grown by 200% over the past 24 hours, according to data from IntoTheBlock. This spike suggests that major market players are making significant moves.
However, it remains unclear whether whales are accumulating Uniswap tokens for long-term bullish strategies or preparing to offload their holdings. This uncertainty keeps the market in suspense as traders await clearer signals.

Declining Exchange Inflows Raise More Questions
While whale activity intensifies, UNI’s exchange inflows are shrinking. Data from CryptoQuant shows a steep drop in the amount of UNI tokens sent to exchanges over the past three days. This trend can be interpreted in two ways:
Holding Behavior: Traders may be holding onto their UNI tokens, signaling confidence and a reluctance to sell, which is typically viewed as bullish.Declining Retail Interest: On the other hand, decreasing inflows might indicate waning interest from retail investors.

The combination of rising whale activity and declining exchange inflows creates an unclear outlook, leaving the market guessing whether whales are seeing opportunities missed by retail traders or if something more significant is at play.
UNI’s Price Declines – What Does It Mean?
Over the past 48 hours, Uniswap’s price dropped by 9%, pointing to bearish dominance in the market. The critical question is whether whales are supporting the market or exploiting its relative weakness.
On a longer time frame, however, UNI’s price action shows signs of a bullish trend. The current dip may simply be a short-term correction before a potential recovery.

Key Price Level: $12
Technical analysis suggests that UNI’s price could test the key support level at $12, which recently acted as resistance during a bullish surge. This level might attract new buyers and support a price rebound.
However, data from Coinglass reveals that approximately 818,000 UNI could face liquidation if the price drops to this critical level. If whale buying pressure increases, Uniswap could benefit from this situation and resume its upward trajectory.
Conclusion
The current state of Uniswap presents a mixed picture. While increasing whale activity signals continued interest from large investors, declining price and exchange inflows raise questions about the altcoin’s immediate future. The $12 level will be a critical threshold to watch, potentially marking a turning point or further decline.

#uniswap , #CryptoWhales , #CryptoNewss , #PricePredictions2024 , #CryptoAnalysis

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

🔥 Hold onto your seats because market analyst CryptoBull just made a bold prediction for XRP! He believes 10,000 XRP could skyrocket to a jaw-dropping $330,000 by 2025! 😱 That’s a staggering $33 per XRP! 💥
🔴 Let’s break it down: In March 2020, 10,000 XRP were valued at just $1,100. Fast forward to December 2024, and they surged to $22,400 at $2.24 per coin. 🚀
But the real fireworks are still ahead. Analysts like EGRAG and Linda Jones are also predicting a massive rally for XRP, with projections pointing to an insane 1,275% rise! 📈🔥
💥 But here's the catch: for XRP to hit this target, it would need to reach a $3.3 trillion market cap—a monumental milestone in the crypto world. 🏆
💬 What do you think? Will XRP reach the moon, or is this just another moonshot dream? Share your predictions below! 🔮
#xrp #CryptoExplosion #CryptoBull #PricePredictions2024 #HODL

Guys, have you ever heard of crypto airdrops? So this is like a modern-day giveaway. In the past, giveaways were free t-shirts, now you get digital tokens that they say can make you rich. Well, it's possible, but be patient, hahaha!
Now there's a BLUM airdrop, they say they're giving 150,000 tokens per person. Wow, that's huge! But wait... the value is only $0.00015 per token. Hahaha, this is the same as being given small change and then being told to wait 10 years for it to become gold savings.

BLUM POINT UPDATE NEWS
Token Calculation: