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Showing posts from May, 2024

Livepeer Price Prediction for Today, May 31 – LPT Technical Analysis

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The Livepeer price prediction kicked off its rally with a break above the key resistance level of $22.0 as the coin heads to the north. Livepeer (LPT) Coin Gains Momentum: Upcoming Announcement for Web3 Social Media Platform Livepeer (LPT) is experiencing another boom cycle with a steep vertical price surge. LPT climbed to $23.11 in a single price move from its yearly peak of over $25. The token may see rapid inflows and outflows due to limited arbitrage opportunities. The disparity in LPT pairings could be a factor contributing to the heightened trading activity. Livepeer Prediction Statistics Data: Livepeer price now – $22.98 Livepeer market cap – $748.9 million Livepeer circulating supply – 32.5 million Livepeer total supply – 32.5 million Livepeer Coinmarketcap ranking – #108 LPT/USD Long-term Trend: Ranging (Daily Chart) Key Levels: Resistance levels: $33, $35, $37 Support levels: $12, $10, $9 LPTUSD – Daily Chart LPT/USD...

New Crypto Presale with 100x Growth Potential – Could This Be the Best P2E Investment for June?

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PlayDoge, a new P2E cryptocurrency token, has recently launched its presale and garnered significant interest, raising over $590,000 in funding. This project presents a unique combination of nostalgia-driven gaming and the potential returns associated with cryptocurrency. Its early success suggests the potential for further growth upon launch. What is PlayDoge? PlayDoge is a mobile game that injects a crypto twist into the classic Tamagotchi concept. It merges the iconic Doge meme with virtual pet management, offering a delightful blend of nostalgia and innovation. Players care for their digital Doge companion by feeding, entertaining, nurturing its health, and ensuring it gets enough rest. The game’s high-definition pixelated graphics pay homage to the classic Tamagotchi aesthetic while leveraging modern gaming technology. In 2024, amidst widespread concern over the disappearance of all Doges from the real world, a solution emerged. A resourceful meme trader rediscovered so...

Bitget Pioneers Meme Revolution at MEMECON 2024: ‘The Mona Lisa Was a Meme’ says COO

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Victoria, Seychelles, May 31st, 2024, Chainwire Bitget, a leading crypto exchange and Web3 company, has participated in MEMECON, one of the five premier events at NFC 2024. MEMECON took place at Pavilhão Carlos Lopes in Lisbon on May 28-30. This event specifically focused on meme coins and meme NFTs, bringing together enthusiasts and experts for a comprehensive experience that includes a conference, expo, stage presentations, and a hackathon. As the world’s first meme-themed conference, MEMECON Lisbon has drawn over 5,000 participants. The event featured keynotes, panel discussions, and interactive exhibits on the topic. The conference also attracted support from other influential projects and personalities like Crypto Banter, Mario Nawfal, HarryPotterObamaSonic10Inu, BURRRD, GMEonSol and many more. Bitget’s participation in MEMECON 2024 marks a significant milestone for both the company and the broader cryptocurrency industry. As meme coins c...

Elon Musk denies having talks with Donald Trump about crypto

Elon Musk denies discussing crypto with Trump amid speculation. Lately Trump has been actively promoting Bitcoin (BTC), possibly as a way to attract voters. There is speculation of a potential advisory role for Musk in Trump’s 2024 presidential campaign. Elon Musk , the CEO of Tesla and SpaceX, in a post on X has firmly denied reports suggesting he discussed crypto currency with former President Donald Trump. This denial comes amid growing speculation and multiple reports claiming the two influential figures have been conversing about crypto-related matters. Pretty sure I’ve never discussed crypto with Trump, although I am generally in favor of things that shift power from government to the people, which crypto can do — Elon Musk (@elonmusk) May 30, 2024 Bloomberg started it stating Musk advised Trump on Crypto The controversy began when a Bloomberg report suggested that Musk had counseled Trump on crypto currency policy, igniting sig...

Crypto trader turns 1 ETH into $488,000 in 5 hours trading this token

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The ongoing crypto market rally, despite being but a few months old, has already seen  numerous exciting developments.  Along with the major developments such as the approvals of Bitcoin (BTC) and Ethereum (ETH) exchange- trade d funds (ETFs), the BTC halving, and a string of developments in the fight between Ripple Labs and the SEC, the bull run has featured multiple new all-time highs (ATH) for various cryptocurrencies, and the launch of many new coins and token s. One crypto trader has seemingly scored a jackpot with a very new celebrity-themed token – Caitlyn Jenner (JENNER). Picks for you How rich is the first female Senator from Minnesota: Amy Klobuchar's net worth revealed 10 mins ago Orbs unveils Perpetual Hub, ...

Coinbase-Backed Altcoin Skyrockets Nearly 100% After Earning Listing From Korean Exchange Upbit

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South Korean crypto exchange Upbit has announced the new listing of a low-cap altcoin, triggering explosive price action. In a new announcement on May 29, Upbit says they’re listing Bounce (AUCTION), a crypto project focused on blockchain-based auction technology. The project, created by Bounce.Finance, is a decentralized auction platform that allows for the swapping of tokens in a competitive environment with a limited supply of tokens. Bounce is backed by several large players in the space, including Pantera, Coinbase Ventures and Blockchain Capital. Following the announcement from Upbit, AUCTION exploded from the $16 level to over $31, about a 94% gain in a few hours. At time of writing, AUCTION is priced at $24.71 at a $160 million market cap. According to blockchain tracking firm Lookonchain, a whale that was early to AUCTION waited three months to finally break even after buying in late February. Based on Lookonchain’s chart, the whale bought...

Dogwifhat (WIF) Continues 40% Rally as it Nears All-Time High

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One of the most surprising newcomers of this year has remained dominant, as Dogwifhat (WIF) has continued its 40% rally, nearing a return to its all-time high mark. Indeed, the Solana-based meme coin reached $3.79 after a 2.7% surge in the last 24 hours, according to CoinMarketCap. Moreover, the asset has seen its trading volume surge by as much as 39% over the last day. Although it has decreased some in recent hours, it still stands above $1.3 million, with the asset continuing to surge. Now, all eyes are on the previous record mark of $4.85 for WIF, and whether it could be poised to surpass that. Source: twitter Also Read: DogWifHat Price Prediction: How High Can WIF Peak By The End Of May Dogwifhat (WIF) Continues to Surge as Volume Skyrockets Just five months into the year, meme coins have remained a massive story in the digital asset sector. Throughout 2024, which included landmark Spot Bitcoin and Ethereum ETFs, these tokens have emerged as a consistent storylin...

Dogecoin ETF Hype Creates Mixed Price Reactions

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Following the approval of Spot Ethereum ETF, ETFs for other cryptocurrencies have been generating hype, including Dogecoin . Currently, Dogecoin (DOGE) is recording a unique hype in the ecosystem, hinging on the speculation about applications for a spot ETF product tracking the coin soon. Ether was the second cryptocurrency to receive its own ETF, following landmark Spot Bitcoin ETF approval in January 2024. Following the approval of both of these assets, their respective currencies boomed in price. Hence, any perspective of Dogecoin ETFs will light a fire under DOGE. However, the current ETF speculations for DOGE are generating mixed price reactions. At press time, DOGE is trading at just over $0.16. The coin is down 1% in the past week, moving very little. The coin did have slight momentum earlier in May, as shown in its 9% 30-day climb. However, currently, the coin remains static. Also Read: US Dollar Dump: India & China To Trade With Maldives In Local Currenc...

Pepe Coin: How Many Zeroes Can PEPE Eliminate in June 2024?

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Pepe Coin [PEPE], a frog-inspired cryptocurrency , has recently soared to an all-time high of $0.00001683, surpassing its previous record of $0.00001577 just a day prior. At press time, PEPE’s price was slightly lower at $0.00001678 with an 11% daily rise. This surge has created a significant buzz, leading to wonder if PEPE can continue its climb and eliminate more zeroes in June 2024. Source Since its inception last year, PEPE has shown an exceptional ability to generate profits for its investors, Unlike many meme coins that draw inspiration from dog memes, PEPE stands out with its frog theme. This distinction, along with its strategic price peaks has fuelled its rising popularity. PEPE’s performance has been extraordinary. After hitting a notable peak soon after its launch, it reached another high at the beginning of this year. This trend further persisted throughout May. Overall, PEPE has surged an impressive 29,711% since its launch. The meme coin saw a 136% inc...

Quant On The Verge Of Falling As Bears Freeze $92 Low

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May 28, 2024 at 09:06 // Price Author Coin Idol The price of Quant (QNT) is falling while in a sideways trend. New price Analysis by Coinidol.com. Long-term quant price prediction: bearish The altcoin has been trading within a range of $91.50 and below the moving average lines. The current price range has narrowed and the bears have broken through the key support level at $100. Today, QNT is in a downtrend with a current value of $91.72. The altcoin is bearish and approaching its previous low of $91.50. If the bears break the $91.50 support, t...

Hong Kong Set to Trial Digital Currency for Mortgage Pricing

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The Hong Kong Monetary Authority (HKMA) is preparing to conduct another trial of its digital currency, e-HKD. This upcoming test will focus on the pricing and distribution of mortgages, as reported by the South China Morning Post. The trial aims to involve select participants in evaluating how e-HKD can be integrated into mortgage mechanisms within the region. Hong Kong Prepares to Pilot Digital Currency for Mortgage Applications According to the report, HKMA believes that the adoption of e-HKD could enable Hong Kong residents to borrow from multiple lenders at preferential rates. Additionally, it is anticipated that the digital currency will facilitate faster approval and disbursement processes for mortgages. However, it remains unclear whether a new regulatory body will be established to oversee mortgage-related activities involving e-HKD. Several financial institutions in Hong Kong have already shown interest in this initiative during their initial pilot programs. Notably, Boston...

PEPE and FLOKI extend gains as memecoins tease bull run

Pepe price is up 80% this past week and over 140% in 30 days. FLOKI has jumped 36% this past week and 53% in the last 30 days. Pepe (PEPE) was the standout memecoin this past week, rising more than 80% to reach a new all-time high of $0.0000169 on May 27. Meanwhile, Floki (FLOKI) has surged to $0.0002656 amid fresh momentum in the memecoin market. PEPE and FLOKI lead meme coins up PEPE price is up 14% in the past 24 hours, bringing 30-day gains for the meme coin to 140%. Pepe has outperformed top meme coins over this period. The 24-hour trading volume of Pepe stood at over $1.8 billion at the time of writing. Except for the stable coins USDT, USDC and FDUSD, Pepe’s volume is fourth-largest behind Solana, Ethereum and Bitcoin. The upside sees Pepe cement its position as the third-largest meme coin by market cap. At $7.1 billion, it is more than double that of Dogwifhat ($3.1 billion) but behind the top two of Shiba Inu and Dogecoin at $14.6 billio...

Top 6 Altcoins With Explosive Potential Following ETH ETF Approval

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The recent approval of a spot ETH ETFs has driven price rallies, especially among alt coins , as investors eagerly anticipate its possible market impact. This event highlights the broader market implications of the ETH ETF approval. Analysts have pointed out that Ethereum supports more than 20,000 alt coins within its ecosystem. The approval of ETH ETFs could pave the way for greater acceptance and regulatory clarity for these altcoins, potentially resulting in significant price increases and increased network activity. This article highlights the top six altcoins that are gaining momentum, driven by the ETF’s impact. Sei (SEI) Sei operates as a Cosmos-based layer-1 blockchain, with a core objective of revolutionizing digital asset trading, particularly within the decentralized exchange (DEX) ecosystem. Its goal is to replicate the speed and convenience offered by centralized exchanges while maintaining the security and decentralization inherent in blockchain technology. Rec...

Weekly Project Updates: zkSync Nears Token Generation Event, LayerZero Reopens Sybil Bounty Applications Next Tuesday, Uniswap Advances Fee Conversion Plans, etc

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1. Ethereum Pectra Upgrade Scheduled for Q1 2025 link According to ETH Daily, the Ethereum Pectra upgrade is scheduled for the first quarter of 2025. This upgrade is expected to include EOF, PeerDAS, EIP-7702, among other proposals. Pectra encompasses the Prague upgrade for the execution layer and the Electra upgrade for the consensus layer. The final scope of the upgrade is still under discussion, with potential changes including the postponement of Verkle to the Osaka hard fork. 2. Solana to Release Full Version of Firedancer Upgrade in 2025 link Kuleen Nimkar, Head of DePIN at the Solana Foundation, stated that Solana plans to release the full version of the Firedancer upgrade in 2025, with a “lite version ” to be launched beforehand. This upgrade aims to enhance Solana’s overall reliability and scalability as network activity for decentralized infrastructure protocols continues to grow. Speaking about DePIN activities at DEFICON on May 23, Kuleen noted, “We are seeing a significan...