Shocking Report For These Altcoins! Are Declines a Buying Opportunity or an Exit Alert?
Downward Trend in Memecoins
Leading meme coins such as Dogecoin, Shiba Inu and WIF have experienced significant declines in the last week. DOGE fell 2% to $0.3164, while SHIB dropped more than 1%. In the same period, WIF saw a depreciation of over 2%. However, some analysts emphasize the possibility of a future rebound despite the declines. Santiment sees the change in market sentiment as a natural cycle, which could present opportunities for patient investors.
"Market FUD and recent pullbacks can create buying opportunities," Santiment said, presenting a positive outlook. In particular, the 404% increase in token burn rate reinforces the expectation that Shiba Inu may experience a price increase in the future due to the reduced supply. On the other hand, fluctuations in the broader crypto market are negatively affecting the meme coin segment.
Market Stagnation and Future Prospects
Santiment reports that investor sentiment in the broader crypto market has turned negative in recent weeks. Market corrections in altcoins have led to reduced interest in meme coins. However, some meme coins, such as PEPE and PENGU, held their positions and gained 1% and 2%. This indicates that the meme coin season is not completely over.
Will a Mega Bull Come in 2025? Which Coins to Watch?
Leading asset management firm Vaneck recently released its "10 Crypto Predictions for 2025" report, predicting a bull season for digital assets that will see record highs, increased institutional interest and accelerated strategic adoption. "We believe the crypto bull market will continue throughout 2025 and reach its first peak in the first quarter," the company said.
According to Vaneck's forecasts, the price of Bitcoin (BTC) could reach $180,000 and Ethereum (ETH) over $6,000. Solana (SOL) could exceed $500 and Sui (SUI) $10. However, this rise will be followed by a correction period in the summer. Bitcoin is expected to retreat by 30 percent and altcoins by up to 60 percent. It is predicted that there may be a recovery towards the end of the year and previous record levels may be seen again.
One of the most striking predictions is the increasing role of Bitcoin in US politics. States such as Florida, Texas and Pennsylvania could create Bitcoin reserves. In addition, stablecoin trading volume is expected to reach $300 billion per day, the total value of tokenized securities is expected to exceed $50 billion, and DeFi trading volume is expected to reach $4 trillion.
These 5 Altcoins Rallied More Than 9,000% and Made Rich!
As 2024 draws to a close, the altcoin market has seen many fluctuations and surprise performances. So, what are the top earning coins of 2024?
MANTRA (OM)
MANTRA's native token, OM, had the most remarkable performance of the year with an incredible 9.445% in 2024. This success is attributed to the growing interest in the Real-World Assets (RWA) narrative. RWA promises to open a new door to wealth for investors on a global scale.
Mog Coin (MOG): An Ethereum-Based Meme Coin
MOG was the second best performing coin in 2024 with a 5.337% increase. MOG, an Ethereum-based meme coin, has been one of the rare success stories in the Ethereum ecosystem this year. On December 6, it reached its peak of $0.0000040. However, the price is currently down 47.7% to $0.0000022.
Popcat (POPCAT): Solana's Shining Star
POPCAT, a Solana-based meme coin, gained 3.169% in 2024. However, a massive sell-off in the second quarter of the year sent the price as low as $0.73. It's down 64% from its all-time high of $2.05!
Aerodrome Finance (AERO)
AERO, Aerodrome Finance's governance token, increased by 1,981% in 2024. Developed on the Base network, AERO gained traction with the adoption of the Coinbase Layer-2 solution. Furthermore, Binance's listing of AERO on the perpetual market increased the token's liquidity.
The expected day has come for Pi Coin: The date of transition to the main network has been announced!
The mobile mining-based platform excited its users with a statement on its official X account. The post was accompanied by a statement made by co-founder Nicolas Kokkalis on YouTube.
Transition to the Main Network Begins in the First Quarter of 2025
Nicolas Kokkalis announced that Pi Coin will transition to the main network in the first quarter of 2025. This development means that the project will leave the test network and transition to an open network. With the transition to the main network, Pi Coin will be eligible for listing and trading on exchanges.
Focus on KYC and Migration
Kokkalis made the following statements about the transition to the main network:
"We have reached 18 million authenticated (KYC) users. We have set the first quarter of 2025 as the transition date to the open network. In this process, we will focus on more users completing the 'migration' process. Our goal is to close the gap between KYC users and migration users."
Kokkalis emphasized that they have always prioritized the accessibility and inclusiveness of the ecosystem and stated that this process is the healthiest way forward for Pi Coin.
Santiment: 5 Altcoins to Watch Out For, Cryptocurrency Up 20,000% in 2024 Could Keep It Going Next Year
New data from on-chain analytics firm Santiment reveals that one altcoin that has seen big gains this year is experiencing major investor activity.
Among altcoins with a market cap of at least $500 million, tokenized artificial intelligence project Virtuals (VIRTUAL) is up a staggering 20,000% year-to-date, Santiment said.
In a statement on social media platform X, Santiment emphasized that VIRTUAL stands out in terms of market capitalization and investor activity.
Santiment also noted that during the recent crypto market crash, investors with large amounts of assets moved to accumulate 10 cryptocurrencies, including VIRTUAL.
"Despite the significant crypto corrections this week, we are observing very large whale transfers indicating potential bottom buying of several altcoins." - Santiment
Other notable altcoins on the list include stablecoin issuer Usual (USUAL) and its stablecoin Usual USD (USD0), decentralized forecasting platform Gnosis (GNO), decentralized finance (DeFi) project Aave (AAVE) and meme coin Floki (FLOKI).
Pi Coin Founder Finally Announced: Mainnet Launch Date Announced!
Pi Network has finally announced the highly anticipated mainnet launch date.
Mobile mining-based Pi Network drew attention with a post on its official X account. The post included a statement made by Pi Network co-founder Nicolas Kokkalis on YouTube.
In the video in question, Nicolas Kokkalis officially announced that the date of Pi Network's transition to the mainnet will be the first quarter of 2025. Pi Coin, which has been on the test network for a long time and has not been able to switch to the main network, is expected to become suitable for both sale and listing on exchanges with the transition to the main network.
Co-founder Kokkalis made the following statements in the YouTube video:
"We have reached 18 million authenticated (KYC) users, and the date of Pi Coin's transition to the open network will be the first quarter of 2025. During this period, we will focus on completing the "migration" process of more users and making them eligible for the transition to the open network. In this way, we will close the gap between KYC users and migration users where possible. We always prioritize accessibility and inclusion. This will be the healthiest for the ecosystem
As Pepe Coin Falls, Its New Competitor Breaks Records! Will it be the Star of 2025?
Pepe Coin, one of the most popular meme coins of the crypto world, has recently entered a serious downward trend. PEPE, which lost 8.60 percent in one day, lost about 19 percent of its value in a week. This sharp decline is carefully monitored by both investors and market analysts.
Pepe Coin's decline is attributed to the general uncertainty in the market and the intense competition in the meme coin category. While some investors are increasing their positions to take advantage of the situation, others are taking a more cautious approach and continuing to analyze the market.
This downturn has also created an opportunity for new players to emerge in the meme coin space. From competing projects, ambitious coins such as WEPE started to come to the forefront.
Wall Street Pepe has captured the attention of the crypto market in recent weeks. Having raised $32 million in just two weeks, the token is rumored to have the potential to be a success in the meme coin world.
WEPE promises more than just an investment opportunity. The main goal of the project is to allow small investors to compete on equal terms with the big whales. The WEPE community is supported by shared investment strategies, trading signals and exclusive analysis.
Specifically, investors who purchase the Wall Street Pepe token have the opportunity to join a "WEPE Army" to benefit from this exclusive content. This feature
He Became a Millionaire with $712! Can Solana's New Meme Coin Make the Same Bang?
A crypto investor managed to turn $712 into $3.95 million in less than a day thanks to a new Solana-based meme coin called Unicorn Fart Dust (UFD).
In the aftermath of this event, the pre-sale, which offers the opportunity to buy Solaxy tokens aimed at solving problems on the Solana network, gained momentum.
The conversion of $712 into million dollars took place after the price of the new token increased in the last 24 hours and gave investors a 5,546-fold return. UFD's creator is known for promoting gold and silver investments.
The developer, who launched the project as a joke to show that meme coins are worthless and to mock the crypto market, says in an uploaded video that meme coins and the broader crypto market are "out of control". Citing an article about how another meme coin, Fartcoin, reached a market capitalization of $500 million to illustrate his point, the developer explains that he started UFD to prove how crazy the crypto market is.
The developer's motivation doesn't change the fact that the crypto enthusiast who invested $712 has made millions of dollars. Investors in search of a similar coin are flocking to the Solaxy token, which will save the Solana network from its problems.
Bitwise CIO Announces Giant Bull Prediction for Bitcoin!
Bitwise CIO Matt Hougan predicted that Bitcoin could reach $500,000.
As Bitcoin continues to break new records, this rally is expected to gain even more momentum in 2025.
At this point, while high levels such as 180 thousand - 200 thousand dollars are among the predictions, Bitwise CIO predicted that Bitcoin could reach 500 thousand dollars.
Bitcoin (BTC) Can Reach 500 Thousand Dollars!
In a recent interview with Yahoo Finance, Bitwise's Chief Investment Officer (CIO) Matt Hougan said that the price of Bitcoin could skyrocket to $500,000 if the US adopts Bitcoin as a strategic reserve asset.
He added that the US adoption of BTC as a reserve asset or similar actions by other countries would cause a massive increase in the value of Bitcoin, with a bigger rally compared to the 2024 bull market
A Whale With 75 Percent Success Has Been Collecting Large Amounts Of This Altcoin For Several Days!
A whale, which achieved 75 percent success in its transactions, purchased a large amount of a new altcoin in a short period of time.
According to data from Spot On Chain, an on-chain data and analytics platform, a large whale has spent $6.7 million over the past few days, buying 189.55 million BEAM. The purchases were made at an average price of $0.03515.
Since December 1, the whale has bought four different tokens, spending a total of $35.7 million worth of Ethereum. In this process, he bought 10.245 million Fantoms for $13.5 million, but is currently at a loss of $181 thousand in this position. He spent $11.04 million to buy 531.7 billion Pepe and made a profit of $1.94 million. He spent $6.7 million on 189.55 million BEAMs and now has a profit of $91.4 thousand. It also purchased 2.453 million Aero for $4.43 million, making a profit of $699 thousand.
Whale is currently making a profit on its BEAM, Aero and Pepe investments and a loss on its Phantom position
After failing to surpass $4000, Ethereum retreated a bit, confusing the altcoin market.
ETH, which has been pricing in the $4000 band for a few days, was drawing a positive outlook for altcoins. However, with the increasing sales in BTC, ETH could not hold above this level. So, which projects managed to rise while altcoins experienced a decline in general?
1- Chainlink (LINK)
LINK, which stepped on the gas despite the decline in ETH, increased by 10 percent in the last 24 hours. LINK, which settled at the top with this rise, made its investors smile. If $ 30 is broken, the rise in the pair may accelerate.
2- THORChain (RUNE)
RUNE, which made a name for itself in the past bull season, rose 5 percent in the last 24 hours. Based on the $ 7.50 band, the popular altcoin can head towards $ 10 if it can stay above this level.
3- Pepe (PEPE)
PEPE, which has been on the rise despite the memecoin storm, has given positive signals for the upcoming bull season, giving a difference to both memecoins and a large part of altcoins.
4- Mantle (MNT)
One of the ambitious names of the upcoming bull season, MNT, the popular altcoin included in the list from the fourth place, increased expectations.
5- dYdX (DYDX)
The native token of the decentralized crypto exchange dYdX has increased 3 percent in the last 24 hours. DYDX, which is currently close to $ 2.50, may want to test $ 3 with the volume break of this level.
Vote to Decide the Fate of Binance-Listed Altcoin Coming Soon!
An important vote on the underlying mechanisms of the Binance-listed altcoin will take place soon.
LayerZero (ZRO), an omnichain interoperability protocol, has announced a public vote scheduled for December 19th, where ZRO holders will vote on the activation of a fee switch mechanism.
According to LayerZero's official documentation, ZRO owners have permanent authority over the accumulation and management of protocol fees. An immutable voting agreement mandates a public, on-chain referendum every six months to decide whether to enable or disable the protocol's fee switch.
If enabled, the fee switch would allow LayerZero to collect fees equivalent to the costs associated with verifying and executing cross-chain messages. For example, an application using a specific Data Validation Network (DVN) and executor configuration that charges $0.01 for transactions between Arbitrum and Optimism could see LayerZero impose an additional $0.01 fee.
Surprise Prediction for the Fastest Rising Altcoin of the Year: 700%
! Memecoin FLOKI has gained 652% since the beginning of the year. According to analysts, this increase will continue and the coin could rise over 700% from its current levels. Prominent names such as Master Kenobi and Bonk Guy have announced notable targets for FLOKI.
Master Kenobi's $0.0023 Prediction
Bonk Guy: PEPE's Path Sheds Light on FLOKI
Moves Independent of Bitcoin
Master Kenobi's $0.0023 Prediction
Crypto analyst Master Kenobi stated that FLOKI could reach $0.0023 by March 2024. In the chart he shared on the X platform, Kenobi predicted that the coin will rise much faster after breaking the $0.0011 level. According to the analyst, the critical date for this move will be February 10.
Take Note of This Altcoin! Forecasted Analyst Expects 500 Percent Rise!
Justin Bennett, one of the analysts closely followed by the crypto market, stated that Curve Finance (CRV) has a serious price increase potential. In his statement on social media platform X, he drew attention to the possibility of CRV rising more than 500
Glassnode: This Altcoin Prepares to Rally Following XRP Coin and ADA!
With Bitcoin breaking the $100,000 mark, enthusiasm in the cryptocurrency market is on the rise. The strong performance of tokens such as XRP Coin, ADA and TRX has turned eyes to other candidates. Solana, which has been consolidating for a while, is emerging as another rally candidate. The co-founders of crypto analytics platform Glassnode believe that Solana could be preparing for a major rally after being outperformed by its rivals.
SOL lagged behind XRP Coin and ADA, now
... The upside volatility in the market continues. According to analysts, some tokens that have been consolidating for some time are also preparing to move. Jan Happel and Yann Allemann, who use the pseudonym Negentropic, say that after SOL hit an all-time high, major network activity could cause an increase in Solana. In this context, the analysts make a comparison with XRP Coin and ADA:
SOL always goes up for everyone. If the market allows, this price zone could offer a potential entry for SOL. After hitting a new all-time high, it has lagged slightly behind other tier-1s like XRP or ADA. However, with a thriving ecosystem, we should never underestimate SOL. Let's take a look!
It is possible that the price may rise to $ 300 in the near future.
The US Securities and Exchange Commission (SEC) has officially rejected two of the spot ETF applications for Solana (SOL). This decision created tension in the cryptocurrency market and caused the Solana price to stabilize at the critical $240 level.
How Does the SEC's Decision Affect the Crypto Market?
The SEC's negative response to the Solana ETF applications created volatility across the market. No progress on spot crypto ETFs is expected for now. ETF Store President Nate Geraci said, "There will be no movement in spot crypto ETF applications until new leadership arrives." This has increased investors' impatience with the SEC's decisions.
Which coin is expected to reach $10 before Ripple (XRP)? Which meme coin is set to revolutionize the crypto world?
XRP, which rallied after the re-election of former US President Donald Trump and the announcement that SEC Chairman Gary Gensler, one of the main actors in the long-running Ripple case, will leave his post as of January 2025, is among the most talked about cryptocurrencies. Another name is WEPE coin, which exceeded 400 thousand dollars on the first day of its pre-sale, which offers the opportunity to buy Wall Street Pepe tokens.
According to CoinMarketCap data, XRP, which has increased by more than 63 percent in the last 7 days, is trading at $ 2.35 as of the time of this writing, although it is mentioned with a $ 10 target. Analysts like its rally, but don't see XRP hitting $10 in the near future.
Investors who once missed the chance to buy XRP are showing great interest in Wall Street Pepe, a coin expected to reach $10 before Ripple
Binance.US, the American Branch of Binance, Announces the Listing of Popular Memecoin
Deposits for PEPE on the Ethereum network are now open and trading for the PEPE/USDT pair will begin on December 5, 2024.
Pepe (PEPE) is a digital asset built on the Ethereum blockchain and inspired by the widely recognized internet meme character Pepe the Frog.
Launched as an ERC-20 token, PEPE has gained significant traction among crypto enthusiasts thanks to a strong social media presence and an active community.
The addition of PEPE to Binance.US marks another milestone for the token, which is rapidly growing in popularity in the meme coin niche of the cryptocurrency market.
The listing reflects the growing demand for community-backed assets that prioritize accessibility and participation in the blockchain ecosystem.
Traders can now deposit PEPE into their Binance.US account in preparation for the trading launch. With this new listing, Binance.US continues to expand its offerings, catering to the evolving interests of its user base.
AltcoinA Crypto Whale Sells Ethereum (ETH) and Collects This Altcoin!
Look On-Chain recently discovered a whale buying VIRTUAL.
It is seen that the cryptocurrency sector has been experiencing declines as of today. Bitcoin (BTC), the leading cryptocurrency, which started the new week poorly, has still not made a significant upward leap from $95,000 despite the news of MicroStrategy's BTC purchase.
Some crypto whales are selling digital assets while others are buying. Look On-Chain, a successful on-chain data provider, recently discovered a whale buying VIRTUAL.
Experts added the following information about the whale that gave up Ethereum (ETH) in its portfolio to buy VIRTUAL:
A whale (happybazinga.eth) withdrew 575 ETH (worth $2.07 million) from Binance and used it to buy 1.54 million VIRTUAL (worth $2 million) in a single transaction.
VIRTUAL, one of the most rising altcoins of the last period, has managed to gain more than 50 times in value over the last 3-month period.
The continuation of VIRTUAL purchases by crypto whales in the coming period may ensure that the rises in this altcoin will continue.
Can Ripple Cross the ATH Level as Lunex Network Rises to $0.0033? Tron Price Targets
Ripple
$3 Labs reached an important milestone in its legal battle when a US court approved its request to expedite a final judgment in the XRP case. This is a crucial step towards ending the case, which has been weighing heavily on Ripple for years, affecting its price performance. The move sent Tron up more than 22% on the month, while XRP's price gained more than 11% on the week.
Tron's price action continues to maintain its bullish momentum, leading to significant gains, but can it sustain this trend according to the Sharpe ratio? On the other hand, the Lunex Network pre-sale also reached a new milestone with an all-time high of $0.0033 and pre-sale revenue of over $3.8 million.
Lunex Network in the DeFi Market with Cross-Chain Compatibility Feature
Lunex Network claims that it is preparing to make its voice heard in the DeFi market by allowing traders to exchange more than 50 thousand cryptos. According to its team, the lack of KYC features has also contributed to the project's success. With Lunex Network, investors can trade anonymously, making it a project for privacy-loving users, while it could allegedly drive its price to a new ATH of $0.0033.