2024 Crypto February Calendar Mark your Crypto events!
2 Feb : $APE - Ape chain Proposal 2 Feb : $STX - Nakamoto Proposal 3 Feb : $SUI - $100M Unlock 4 Feb : $LDO - Ending stSOL support
5 Feb : China - PBoC 50BP RRR cut 5 Feb : Eigenlayer - Add 3 new LSTs 6 Feb : $MATIC - Etrog Upgrade 7 Feb : $ZEN - Mainnet Upgrade 8 Feb : $KLAY $FNSA - Merge Proposal 8 Feb : $AHA - Token Swap ~9 Feb : Hong kong - BTC spot ETF Approval Decision
12 Feb : $APT - $210M Unlock 13 Feb : U.S. - CPI 14 Feb : $SSX - Bithumb delisting Decision 15 Feb : Do Kwon's Detention Ends 15 Feb : $DUSK - Incentive Testnet 16 Feb : U.S. - PPI 18 Feb : $MANTA - $51M Unlock
20 Feb : $XLM - Protocol 20 Upgrade Vote 21 Feb : $NVDA - Nvidia Earnings 21 Feb : $HONEY - Announcement 22 Feb : $BNB - Greenfield Hard fork 23 Feb : Hearing of Changpeng Zhao 25 Feb : $ALT - $25M Unlock
26 Feb : Japan FSA - Comments Deadline (Crypto Corporate Taxation) 28 Feb : $TRX - HTX Airdrop snapshot 29 Feb : ETHDenver 2024 29 Feb : $OP - 77M Token Unlock
🪂 Airdrop / Rebranding / Tokenomics $FRONT - $SELF Rebranding $RBN - $AEVO Rebranding $LSK - New Brandname $CHZ - $PEPPER Airdrop $ZBC - New memecoin Airdrop $ASTR - Tokenomics V2 $CHZ - New Tokenomics $WAXP - New Tokenomics
Amidst Bitcoin's record-breaking surge, various altcoins have grabbed attention with remarkable performances. Let's explore the top movers and shakers:
1. Pepe (PEPE):
Surged by 234.69% in the past week to $0.000004092, with a market cap of $1.721 billion and a trading volume of $2.19 billion. Pepe stands out as a significant player in the altcoin arena.
2. Digiverse (DIGI):
Notched a 43.65% increase in 24 hours, priced at $0.9756, showcasing potential with a market cap of $2.4 million and a trading volume of $6.28 million.
3. Dogwifhat (WIF):
With a whopping 454.60% surge in 30 days and a recent uptick of 22.80%, WIF is priced at $1.26, boasting a market cap of $1.26 billion and a trading volume of $374.4 million.
4. Solsponge (SOLSPONGE):
Skyrocketed by 284.84% over both the week and 30 days, reaching $0.0…01045. Its market cap sits at $721,069, with a trading volume of $2.18 million.
5. Fetch.ai (FET):
Showing steady growth with a 194.92% increase over the past month, priced at $1.68, Fetch.ai boasts a market cap of $1.39 billion and a trading volume of $443.06 million.
Conclusion: These coins reflect the diverse opportunities in the altcoin market. Stay informed, conduct thorough research, and seize the potential offered by these dynamic projects!
Meme coins, characterised by their amusing branding and widespread popularity, frequently lack practicality. While some initiatives focus on providing functionality, the majority are based entirely on humour.
The Historic Journey of Dogecoin
Dogecoin (DOGE) was the first to introduce the meme coin trend and currently holds the highest market capitalization. Although popular, DOGE has never surpassed the $1 mark in its almost decade-long history. The price reached its peak of $0.74 in 2021 at the same time as Elon Musk's approval. The Path to Achieving a Value of $1 for Dogecoin
For $DOGE to hit $1, its value would need to increase by over tenfold from its present price of $0.11. Some experts expect this milestone will be reached in 3 to 5 years, while others anticipate a positive trend in 2024, with predictions ranging from $0.47524 to $0.51857. The forecasts are hypothetical and should not be considered as financial advice. Perform comprehensive research and make prudent investments.
COTI Coin Price Forecast for 2024, 2025, and 2030 with Detailed Analysis.
If you seek the COTI price prediction or like to assess the potential of COTI Coin, this price forecast may be beneficial to you. We base our price forecast on thorough technical analysis and historical performance of COTI. We are evaluating the long-term potential of COTI.
COTI is the initial enterprise-grade fintech platform that enables organisations to construct their payment solution and digitise any currency, resulting in time and cost savings, as indicated by data collected from the project's website. COTI's goal is to provide a straightforward payment system accessible to billions by offering minimal fees, quick transactions, and prompt processing.
The COTI team, as a decentralised finance project, has introduced numerous initiatives to draw the crypto community to its platform. COTI has been listed on major exchanges including as Binance and Coinbase, which offer significant support to the coin. If the community backs the project, the value of COTI could experience a significant increase.
Within the past 24 hours, Bitcoin experienced a significant increase of $6,000 rising from $52,000 to $58,000 The question remains: how did Bitcoin achieve such a rapid increase in value? Over the past two weeks, Bitcoin has been attempting to uphold its support at 50,000 and break out from the resistance around 52,500. The main concern now is whether BTC will reach an all-time high (ATH). Before halving, the value was at $40,000 and today it has surged to about $58,000, an increase of almost $18,000
The resistance zone before reaching the all-time high is between $58,500 and $60,000 . The Greed index, indicating extreme greed, is currently above 80 due to the record high open interest. The market reached the overbought zone during the pre-halving pump. It is time for the last correction. Each altcoin will decrease by 20% to 25% in the near future.
Bitcoin's ultimate price objectives are between $58,500 and $60,000. Expect significant pullbacks once these levels are reached.
Where will BTC go once the downturn begins? My original target is $45,000, at which point liquidation will occur with a leverage of 10x. Altcoin can also recover from the overbought zone.
PREPARE FOR THE HALVING EVENT Bitcoin is expected to surpass its all-time high before the end of the year, but before that, a significant correction is anticipated in March.
Bitcoin price surge above $56,000 causes spike in short liquidations.
Over the past 24 hours, bitcoin surged to a multi-year high of over $56,000, as spot bitcoin ETF trading volume increased.
The largest digital asset by market cap has increased by over 10% in the past 24 hours, changing hands for $56,566 at 5:46 a.m. ET.
The spike in prices over the past day led to a substantial liquidation of short positions on centralized exchanges. The volatility resulted in the liquidations of more than $188 million in bitcoin positions, with the majority ($164.89 million) being shorts, according to CoinGlass data.
Major altcoins such as SOL, the native coin of the Solana network, and ether also posted daily gains of 9% and 6% respectively, according to The Block's Prices Page.
The overall crypto market saw over $280 million of liquidated short positions in the last 24 hours, contributing to a total of $363.71 million in liquidations across various centralized exchanges, data shows.
Liquidations take place when a trader's position is forcibly closed due to insufficient funds to cover losses. This situation arises when market movements are unfavorable to the trader's position, resulting in the depletion of their initial margin or collateral.
According to Bloomberg ETF analyst Eric Balchunas, trading volume for spot bitcoin ETFs reached a new all-time high on Monday, surpassing $2.4 billion within a 24-hour period.
"This was double their recent daily average," Balchunas posted on X.com Peter Brandt forecasts $200,000 price by 2025.
Meanwhile, Factor LLC CEO Peter Brandt has claimed that $BTC could rally as high as $200,000 by September 2025 in his forecast. Brandt's prediction is a significant upward revision from his former estimate of $120,000.
According to the technical analyst, the revised 2025 target price comes on the back of Bitcoin 3 BTC +10.21% breaking out of a "15-month channel" on Monday. However, he added that this new forecast could be nullified if the digital asset falls below last week's low of around $50,500.
Emerging Crypto Tokens Show Potential for Explosive Gains
In the ever-evolving world of blockchain and cryptocurrencies, two emerging tokens are gaining attention for their potential to deliver significant returns amidst market fluctuations. As the industry continues to expand, investors are increasingly focusing on public chains, algorithmic stablecoins, NFTs, GameFi, and the latest crypto news to identify the next big winners.
The first token of interest is a public chain project that aims to revolutionize the blockchain space by offering enhanced scalability, security, and interoperability. This innovative solution could potentially disrupt the market and pave the way for the mass adoption of blockchain technology.
The second token is an algorithmic stablecoin designed to maintain a stable value by adjusting its supply in response to market demand. This unique approach to price stability could make it an attractive option for investors seeking a reliable store of value in the volatile crypto market.
Both of these tokens represent exciting opportunities for investors looking to capitalize on the latest trends in the blockchain and cryptocurrency sectors. As the market continues to evolve, staying informed and identifying emerging projects with strong potential is crucial for those seeking to maximize their returns. Don't miss out on the chance to discover the next big crypto winners – make your move now!
If the BONK cryptocurrency were to reach $1, it would indeed be an impressive feat. However, let's take a closer look at the current situation:
BONK is currently priced at approximately $0.00001165
Its market capitalization stands at around $885 million.
The total supply of BONK coins is nearly 100 trillion.
Now, let's do some math! If you were to invest in $BONK and it reached $1 per coin, here's how it would play out:
1. Investment Amount: Let's assume you invest $100 (for simplicity).
2. Number of Coins: With the current price, you'd get approximately 8.5 million BONK coins (since $100 / $0.00001165 ≈ 8.5 million).
3. Potential Value at $1: If each BONK coin were to reach $1, your investment would be worth $8.5 million.
So, yes, theoretically, you could become a millionaire if BONK hits $1!
However, keep in mind that cryptocurrency markets are highly volatile, and such rapid gains are rare. Always do thorough research and consider the risks before investing. And remember, this is not financial advice—just a fun exploration of possibilities!
Massive Ethereum Whale Makes Surprising Move After $ETH Hit $3,000.
Ethereum, the second-largest cryptocurrency by market capitalization, reached $3,000 again in early trading today, marking 81% yearly growth, according to CoinGecko data.
In Tuesday's trading session, Ethereum briefly approached the $3,000 barrier, a peak last reached in April 2022, but was unable to climb much further. Bulls persisted in their efforts to keep ETH above $3,000, but their activities have yet to have the intended result, with ETH presently trading below this level. This scenario has played out over the last three days, including today. At the time of writing, ETH had risen 1.93% in the last 24 hours to $2,977.
In an unexpected move, a massive whale decided to dump a large amount of ETH as the price made attempts at $3,000.
According to on-chain analytics provider Lookonchain, a whale has dumped 16,597 ETH worth $48.7 million at $2,934 on decentralized exchanges (DEX) in the past 24 hours. The whale's move raised some eyebrows in the crypto community, as it could indicate bearish sentiment or a profit-taking strategy.
It turned out to be a profit-taking strategy. Lookonchain reported that the whale made an approximate $5.5 million profit with this move, which saw millions worth of ETH deposited on exchanges.
According to Lookonchain, the whale bought 16,599 ETH worth $43.16 million from the OKX crypto exchange via five wallets on Jan. 12, when the price was $2,600 and later sold when the ETH price reached roughly $3,000.
Expectations are rising ahead of the highly anticipated Dencun hard fork, which is slated for March 13. In preparation for this event, Ethereum developers have released Geth v.1.13.13, a minor update that fixes various issues linked to the forthcoming Cancun mainnet fork. Alsages (v1.13.13) significantly increase block production performance for Cancun blocks with blobs, as well as overall memory stability across all Geth nodes.